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Bank of England

Sterling edges up versus dollar and euro after UK data

Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the view that the British...

Published 10 Sep, 2024 02:35pm

Business & Finance

BoE cuts rates from 16-year high

LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its ...

Published 02 Aug, 2024 06:40am

Business & Finance

Bank of England cuts rates from 16-year high, ‘careful’ on future moves

LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from...

Published 01 Aug, 2024 05:43pm

Markets

Europe’s STOXX 600 gains as earnings flourish

PARIS: European shares closed higher on Tuesday, boosted by earnings-driven gains across several pockets of the...

Published 31 Jul, 2024 06:50am

Markets

Copper loses ground on weak Chinese demand

LONDON: Copper prices slid on Monday on Chinese demand concerns and high inventories, while market participants...

Published 30 Jul, 2024 03:10am

Business & Finance

BoE unveils new stability tool to soothe gilt market ructions

LONDON: The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension...

Published 25 Jul, 2024 07:08am

Business & Finance

BoE plans expanded repo facilities to avert money market crunch

LONDON: The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as...

Published 23 Jul, 2024 08:29am

Business & Finance

BoE reports problems with major payments system

LONDON: The Bank of England said on Thursday that a “global payments issue” was affecting the interbank payments...

Published 19 Jul, 2024 06:05am

Business & Finance

Bank of England allots record 29 billion pounds in weekly repo

LONDON: The Bank of England allotted a record 29.076 billion pounds ($37.8 billion) on Thursday in its weekly...

Published 18 Jul, 2024 03:24pm

Markets

Dollar adrift ahead of US inflation test; sterling firms

SINGAPORE: The dollar fell a touch on Thursday although moves were largely subdued ahead of a US inflation report...

Published 11 Jul, 2024 10:59am

World

Bank of England warns of economic risks from elections

LONDON: Policy uncertainty linked to upcoming elections in France and the United States has increased the risk of...

Published 27 Jun, 2024 06:51pm

Business & Finance

Bank of England keeps rates at 5.25% ahead of UK election

LONDON: The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% on Thursday ahead of a...

Updated 20 Jun, 2024 05:30pm

Markets

Asian stocks hold on to gains; BoE in focus

SINGAPORE: Asian stocks took a breather on Thursday, hovering near their highest in two years as traders waited for...

Published 20 Jun, 2024 10:19am

Markets

Sterling steady ahead of BoE decision; dollar wobbles against yen

SINGAPORE: The British pound held broadly steady on Thursday ahead of a rate decision from the Bank of England (BoE)...

Published 20 Jun, 2024 09:54am

Business & Finance

UK inflation slowdown unlikely to shift vote, rate outcomes

LONDON: Britain’s inflation rate has slowed to a near three-year low, official data showed Wednesday, but the ...

Published 20 Jun, 2024 06:01am

Markets

London stocks wobble after drop in services inflation

London stocks fell on Wednesday as investors juggled Britain’s headline inflation hitting the Bank of England’s...

Published 19 Jun, 2024 01:38pm

Markets

Dollar steadies; sterling dips ahead of inflation test

SINGAPORE: The dollar was nursing losses on Wednesday after soft US retail sales data reinforced bets of imminent...

Published 19 Jun, 2024 10:05am

Markets

Sterling eases ahead of BoE rate decision this week

LONDON: The pound eased modestly on Monday, ahead of a policy meeting by the Bank of England this week at which the...

Published 17 Jun, 2024 03:30pm

Life & Style

King Charles banknotes enter circulation in UK

LONDON: Banknotes featuring a portrait of King Charles entered circulation in Britain on Wednesday, nearly two years...

Published 05 Jun, 2024 02:20pm

Markets

Dollar wallows at multi-month lows as Fed cut bets firm

TOKYO: The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a...

Published 04 Jun, 2024 09:50am

Markets

Dollar hovers near highest in a week after hawkish Fed minutes

TOKYO: The dollar hovered near a one-week high on Thursday following its best day this month against its major peers...

Published 23 May, 2024 09:50am

Business & Finance

IMF cautions on timing of UK rate cut

LONDON: The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start...

Published 21 May, 2024 05:29pm

Business & Finance

Dollar weaker against most currencies, pound recovers

NEW YORK: The dollar weakened against most currencies on Monday after economic data showed more signs of softening ...

Published 10 May, 2024 04:17am

Business & Finance

Bank of England moves closer to first rate cut since 2020

LONDON: The Bank of England took another step towards lowering interest rates, as a second official backed a cut and...

Published 09 May, 2024 04:51pm

Markets

Euro zone bond yields tick up as markets await Bank of England

LONDON: Euro zone bond yields ticked higher on Thursday, in subdued trading due to public holidays in many European...

Published 09 May, 2024 11:58am

Markets

Yen clings to sharp gains after suspected intervention, Fed in focus

TOKYO: The yen held its line against the dollar on Tuesday after making sharp gains the previous day in moves that...

Published 30 Apr, 2024 10:09am

Editorials

Regional conflicts and global economy: the nexus

EDITORIAL: Regional conflicts have been impacting on the global economy in recent years – beginning with the Russian...

Published 23 Apr, 2024 03:41am

Markets

Sterling wavers as markets gauge reported Israeli attack on Iran

LONDON: The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading...

Published 19 Apr, 2024 02:50pm

World

UK unemployment rises as wage growth eases

LONDON: British unemployment has risen as wage growth has eased, official data showed Tuesday, leaving the door open...

Published 16 Apr, 2024 01:33pm

Business & Finance

Bank of England to reform economic forecasting

LONDON: The Bank of England (BoE) said Friday it would implement a “substantial upgrade programme” to improve its...

Published 12 Apr, 2024 06:59pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 13	278.30
USD PKR Interbank Buying / Sep 13	278.03
USD to Japanese Yen / Sep 13	140.67
USD to Swiss Franc / Sep 13	0.85
Pound Sterling to USD / Sep 13	1.31
Euro to USD / Sep 13	1.11

Stock	Volume
S&P 500 / Sep 12	5,595.76
Nasdaq / Sep 12	17,569.68
Dow Jones / Sep 12	41,096.77
India Sensex / Sep 13	82,936.88
Tokyo Nikkei / Sep 13	36,581.76
Hang Seng / Sep 13	17,369.09
FTSE 100 / Sep 13	8,245.43
Germany DAX 30 / Sep 13	18,586.44

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 12	18,735
Gold 10 Grams PKR / Sep 12	225,480
Petrol/Litre / Sep 13	259.10
Crude Oil USD/Barrel / Sep 13	69.49
Gold Spot USD/Ounce / Sep 13	2,568.28
Diesel/Litre / Sep 13	262.75

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 13 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 13 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 13 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 13 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 13 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 13 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 13 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 13 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 13 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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