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Business & Finance Updated 22 Jan, 2021 05:23pm

State Bank MPC maintains policy rate unchanged at 7pc

There could be some changes in the projection due to change in electricity rates, and international oil prices but it will be temporary, said Baqir.
“It is very important that at present the monetary policy should convey a message of stability,” the SBP Chief said.
The yearly inflation rate is projected to remain at 7-9pc as previously announced.

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Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 22	160.65
USD PKR Interbank Buying / Jan 22	160.55
USD to Japanese Yen / Jan 22	103.52
USD to Swiss Franc / Jan 22	0.89
Pound Sterling to USD / Jan 22	1.37
Euro to USD / Jan 22	1.22

Stock	Volume
S&P 500 / Jan 22	3853.07
India Sensex / Jan 22	49624.76
Tokyo Nikkei / Jan 22	28756.86
Nasdaq / Jan 22	13530.91
Hang Seng / Jan 22	29927.76
FTSE 100 / Jan 22	6715.42
Dow Jones / Jan 22	31176.01
Germany DAX 30 / Jan 22	13906.67
France CAC40 / Jan 22	5590.79

Indicator	Value
UK LIBOR % / Jan 22	0.09

Gainers
Losers
Leaders

Stock	Price
Invest Cap. Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	3.47 ▲ 1.05 (28.04%)
Nazir Cotton / Jan 22 Nazir Cotton Mills Limited(NCML)	4.74 ▲ 0.98 (22.16%)
1st Dawood / Jan 22 First Dawood Investment Bank Limited(FDIBL)	2.72 ▲ 0.39 (16.74%)
Saudi Pak Leas. / Jan 22 Saudi Pak Leasing Company Limited(SPLC)	1.89 ▲ 0.36 (14.55%)
Hala Enterpries / Jan 22 Hala Enterprises Limited(HAEL)	11.60 ▲ 1.10 (9.43%)
Fazal Cloth / Jan 22 Fazal Cloth Mills Limited(FZCM)	213.66 ▲ 19.66 (7.50%)
Pak Synthetic / Jan 22 Pakistan Synthetics Limited(PSYL)	23.65 ▲ 1.65 (7.50%)
Rel.Cotton / Jan 22 Reliance Cotton Spinning Mills Limited(RCML)	174.25 ▲ 14.25 (7.50%)
First Imrooz Mod. / Jan 22 First Imrooz Modaraba(FIMM)	102.84 ▲ 7.17 (7.49%)
First National Equities / Jan 22 First National Equities Limited(FNEL)	21.82 ▲ 1.63 (7.49%)

Stock	Price
First Equity Mod. / Jan 22 First Equity Modaraba(FEM)	3.05 ▼ 0.16 (-8.68%)
Habib Ins. / Jan 22 Habib Insurance Company Limited(HICL)	7.51 ▼ 0.00 (-7.85%)
Khurshid Spinng / Jan 22 Khurshid Spinning Mills Limited(KHSM)	21.15 ▼ 3.27 (-7.48%)
Unicap Mod. / Jan 22 Unicap Modaraba(UCAPM)	1.02 ▼ 0.00 (-7.27%)
Universal Ins. / Jan 22 The Universal Insurance Company Limited(UVIC)	5.06 ▼ 1.10 (-6.99%)
Frontier Cer. / Jan 22 Frontier Ceramics Limited(FRCL)	24.36 ▼ 0.50 (-5.58%)
F.Treet Manuf.Mod / Jan 22 First Treet Manufacturing Modaraba(FTMM)	16.62 ▼ 1.39 (-5.35%)
HBL Inv.Fund / Jan 22 HBL Investment Fund(HIFA)	3.31 ▼ 0.35 (-5.16%)
Telecard / Jan 22 Telecard Limited(TELE)	2.91 ▼ 0.15 (-4.90%)
Ravi Textile / Jan 22 Ravi Textile Mills Limited(RAVT)	10.00 ▼ 0.15 (-4.67%)

Stock	Volume
K-Electric Ltd / Jan 22 K-Electric Limited(KEL)	143,822,500 ▼ 0.27
Hum Network / Jan 22 Hum Network Limited(HUMNL)	43,378,000 ▼ 0.42
Pak Int.Bulk Ter / Jan 22 Pakistan International Bulk Terminal Limited(PIBTL)	31,430,000 ▼ 0.50
Fauji Foods / Jan 22 Fauji Foods Limited(FFL)	23,037,500 ▼ 1.04
Unity Foods / Jan 22 Unity Foods Limited(UNITY)	21,205,214 ▼ 0.69
Jahangir Sid. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	20,470,500 ▼ 1.68
TRG Pak. / Jan 22 TRG Pakistan Limited(TRG)	17,361,500 ▼ 3.36
Invest Cap. Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	16,934,000 ▼ 1.05
SILKBANK / Jan 22 Silkbank Limited(SILK)	16,364,500 ▼ 0.08
Al Shaheer Corp. / Jan 22 Al Shaheer Corporation Limited(ASC)	16,117,000 ▼ 0.56

Markets →

Business & Finance

State Bank MPC maintains policy rate unchanged at 7pc

There could be some changes in the projection due to change in electricity rates, and international oil prices but it will be temporary, said Baqir.
“It is very important that at present the monetary policy should convey a message of stability,” the SBP Chief said.
The yearly inflation rate is projected to remain at 7-9pc as previously announced.

Updated 22 Jan, 2021 05:23pm

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Stocks ease as gloomy data takes shine off US stimulus hopes

Euro zone business activity shrank in January, survey shows.
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Published 22 Jan, 2021 05:44pm

Apple to bring a thinner MacBook Air with Magnetic Charger

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Iran's oil exports rise 'significantly' despite sanctions, minister says

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Indian shares end lower as banks, metals drag; Reliance results in focus

The blue-chip NSE Nifty 50 index fell 1.5% to 14,371.90 and the benchmark S&P BSE Sensex fell 1.5% to 48,878.54.
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China's copper imports slide in fourth quarter of 2020

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India central bank proposes scale-based regulations for shadow banks

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