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The European Central Bank (ECB) will deliver its initial 25 basis points interest rate cut in April next year, followed by consecutive cuts until January 2025, Barclays economists said in a note.
ECB set to hold rates as inflation drifts downwards
ECB on Thursday pushed back bets of imminent interest rate cuts by reaffirming that borrowing costs would remain at record highs, despite lower inflation expectations.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Sep 30
|
277.31
|
|
USD PKR Interbank Buying
/ Sep 30
|
277.11
|
|
USD to Japanese Yen
/ Oct 1
|
158.32
|
|
USD to Swiss Franc
/ Oct 1
|
0.84
|
|
Pound Sterling to USD
/ Oct 1
|
1.32
|
|
Euro to USD
/ Oct 1
|
1.13
|
|
SOFR %
/ Sep 29
|
3.88
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Sep 30
|
7,651.54
|
|
Nasdaq
/ Sep 30
|
26,861.06
|
|
Hang Seng
/ Sep 30
|
24,613.27
|
|
Dow Jones
/ Sep 30
|
50,906.05
|
|
India Sensex
/ Oct 1
|
71,770.30
|
|
Tokyo Nikkei
/ Oct 1
|
68,956.72
|
|
FTSE 100
/ Oct 1
|
10,413.82
|
|
Germany DAX 30
/ Oct 1
|
24,851.64
|
|
France CAC40
/ Oct 1
|
7,827.14
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Oct 1
|
92.53
|
|
Karachi Cotton PKR/37.32 KG
/ Oct 1
|
18,480
|
|
Gold 10 Grams PKR
/ Oct 1
|
376,059
|
|
Gold Spot USD/Ounce
/ Oct 1
|
4,162.20
|
|
Cotton US¢/pound
/ Oct 1
|
78.41
|
|
Petrol/Litre
/ Oct 2
|
387.40
|
|
Diesel/Litre
/ Oct 2
|
400.35
|
| Stock | Price |
|---|---|
|
Dewan Motors
/ Oct 1
Dewan Farooque Motors Limited(DFML)
|
17.49
▲ 1.59
(10%)
|
|
Ellcot Spinning
/ Oct 1
Ellcot Spinning Mills Limited(ELSM)
|
196.28
▲ 17.84
(10%)
|
|
First Imrooz Mod.
/ Oct 1
First Imrooz Modaraba(FIMM)
|
286.94
▲ 26.09
(10%)
|
|
Fazal Cloth
/ Oct 1
Fazal Cloth Mills Limited(FZCM)
|
280.46
▲ 25.5
(10%)
|
|
Mandviwala
/ Oct 1
Mandviwala Mauser Plastic Industries(MWMP)
|
84.78
▲ 7.71
(10%)
|
|
Popular Islamic
/ Oct 1
Popular Islamic Modaraba(PIM)
|
65.60
▲ 5.96
(9.99%)
|
|
Arctic Textile
/ Oct 1
Arctic Textile Mills Limited(ARCTM)
|
57.29
▲ 5.17
(9.92%)
|
|
D.S. Ind. Ltd.
/ Oct 1
D.S. Industries Limited(DSIL)
|
15.68
▲ 1.41
(9.88%)
|
|
Lse Spac-I Ltd.
/ Oct 1
Lse Spac-I Limited(SPAC1)
|
22.36
▲ 1.95
(9.55%)
|
|
Asim Textile
/ Oct 1
Asim Textile Mills Limited(ASTM)
|
124.56
▲ 10.6
(9.3%)
|
| Stock | Price |
|---|---|
|
EFU Life Assr
/ Oct 1
EFU Life Assurance Limited(EFUL)
|
125
▼ -39.01
(-23.79%)
|
|
Ashfaq Textile
/ Oct 1
Ashfaq Textile Mills Limited(ASHT)
|
45.51
▼ -5.06
(-10.01%)
|
|
First Tri-Star Mod.
/ Oct 1
First Tri-Star Modaraba(FTSM)
|
44.03
▼ -4.89
(-10%)
|
|
Pakistan Credit Rating Agency
/ Oct 1
The Pakistan Credit Rating Agency Ltd(GEMPACRA)
|
43.67
▼ -4.85
(-10%)
|
|
First Punjab Modaraba
/ Oct 1
First Punjab Modaraba(FPJM)
|
26.14
▼ -2.9
(-9.99%)
|
|
East West Ins.
/ Oct 1
East West Insurance Company Limited(EWIC)
|
59.25
▼ -6.37
(-9.71%)
|
|
Asia Ins.
/ Oct 1
Asia Insurance Company Limited(ASIC)
|
32.42
▼ -3.43
(-9.57%)
|
|
Karam Ceramics
/ Oct 1
Karam Ceramics Limited(KCL)
|
156.18
▼ -15.27
(-8.91%)
|
|
Power Cem(Pref)
/ Oct 1
Power Cement (Pref)(POWERPS)
|
29.62
▼ -2.87
(-8.83%)
|
|
Apna Microfin.
/ Oct 1
Apna Microfinance Bank Limited(AMBL)
|
18.07
▼ -1.73
(-8.74%)
|
| Stock | Volume |
|---|---|
|
Kohinoor Spinning
/ Oct 1
Kohinoor Spinning Mills Limited(KOSM)
|
93,751,754
▲ 0.11
|
|
F. Nat.Equities
/ Oct 1
First National Equities Limited(FNEL)
|
38,616,570
▲ 0.09
|
|
Cnergyico PK
/ Oct 1
Cnergyico PK Limited(CNERGY)
|
26,026,242
▼ -0.14
|
|
Pak Int.Bulk
/ Oct 1
Pakistan International Bulk Terminal(PIBTL)
|
25,714,456
▲ 0.03
|
|
First Punjab Modaraba
/ Oct 1
First Punjab Modaraba(FPJM)
|
22,551,198
▼ -2.9
|
|
Tasdeeq Info. Serv.
/ Oct 1
Tasdeeq Information Services Limited(TISL)
|
19,722,398
▲ 0
|
|
K-Electric Ltd.
/ Oct 1
K-Electric Limited(KEL)
|
17,323,432
▼ -0.03
|
|
WorldCall Telecom
/ Oct 1
Worldcall Telecom Limited(WTL)
|
17,315,970
▼ -0.01
|
|
D.S. Ind. Ltd.
/ Oct 1
D.S. Industries Limited(DSIL)
|
16,558,025
▲ 1.41
|
|
Pak Refinery
/ Oct 1
Pakistan Refinery Limited(PRL)
|
16,113,756
▼ -1.8
|
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