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BoE

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

Business & Finance

Pound hits one-month low as BOE drops more rate cut hints

LONDON: The pound fell to its lowest so far this month on Friday, after data showed UK consumer spending stagnated ...

Published 25 Mar, 2024 05:47am

Business & Finance

Dollar gains on risk sentiment

NEW YORK: The dollar rose on Thursday as the strength of the US economy and high interest rates along with a ...

Published 22 Mar, 2024 04:57am

Business & Finance

Bank of England holds interest rate at 16-year high

LONDON: The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as...

Published 21 Mar, 2024 05:53pm

Business & Finance

Sterling on track for weekly fall versus dollar

LONDON: Sterling was set for its biggest weekly fall against the dollar since December on Friday, as investors ...

Published 18 Mar, 2024 04:56am

World

UK economy returns to modest growth at start of 2024

LONDON: Britain’s economy returned to growth in January after entering a shallow recession in the second half of...

Published 14 Mar, 2024 03:00am

Business & Finance

UK economy falls into recession

LONDON: Britain’s economy fell into a recession in the second half of 2023, a tough backdrop ahead of this ...

Published 16 Feb, 2024 06:02am

Business & Finance

BoE puts high rates ‘under review’

LONDON: The Bank of England kept interest rates at a nearly 16-year high on Thursday but opened up the possibility ...

Published 02 Feb, 2024 05:20am

Business & Finance

Sterling edges up

LONDON: Sterling edged up against the dollar and euro on Friday, as traders looked ahead to a Bank of England policy...

Published 27 Jan, 2024 06:20am

Business & Finance

Dollar higher as big UK inflation drop hits pound

NEW YORK: The dollar strengthened against the pound on Wednesday after data revealed sharply falling UK inflation,...

Published 21 Dec, 2023 03:54am

Business & Finance

Fed stands alone as ECB, BoE stick with tight policy

WASHINGTON/FRANKFURT: The US Federal Reserve was left in a camp of its own on Thursday when a host of Europe’s...

Published 15 Dec, 2023 03:12am

Business & Finance

UK coping with higher rates for now but risks lie ahead: BoE

LONDON: British businesses and households are coping with the climb in interest rates so far but the process of...

Published 07 Dec, 2023 04:35am

Business & Finance

Bank of England warns on fallout from rate hikes

LONDON: The Bank of England on Wednesday said its multiple interest-rate hikes aimed at cooling high inflation would...

Published 06 Dec, 2023 05:44pm

World

British cos most confident since February 2022: Lloyds

LONDON: British businesses were their most optimistic in almost two years in November, boosted by growing hopes ...

Published 01 Dec, 2023 04:43am

Business & Finance

BoE leads central bank chorus on need for restrictive policy

HONG KONG: A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for...

Published 28 Nov, 2023 10:56am

World

Lawmakers criticise Bank of England inflation forecast

LONDON: Members of the House of Lords, Britain’s upper chamber of parliament, demanded Monday that the Bank of...

Published 27 Nov, 2023 07:49pm

Markets

Sterling edges up vs euro as BoE says policy needs to stay restrictive

LONDON: The pound edged up against the euro on Thursday after Bank of England (BoE) policymakers, including Chief...

Published 09 Nov, 2023 05:18pm

World

Britain scraps cap on banker bonuses inherited from EU

LONDON: Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling...

Published 30 Oct, 2023 05:24am

Business & Finance

Bank of England halts run of interest rate hikes as economy slows

LONDON: The Bank of England halted its long run of interest rate increases on Thursday as the British economy...

Published 21 Sep, 2023 05:48pm

Business & Finance

Dollar retreats ahead of Fed decision

NEW YORK: The dollar edged lower on Wednesday ahead of a much-anticipated interest rate decision by the US Federal...

Published 21 Sep, 2023 06:08am

Business & Finance

BoE is ‘much nearer’ to peak of rate rises, Bailey says

The Bank of England is “much nearer” to ending its run of interest rates increases but borrowing costs might still...

Published 06 Sep, 2023 07:18pm

Business & Finance

BoE will see the job through on inflation, Pill says

CAPE TOWN: Bank of England Chief Economist Huw Pill said on Thursday the central bank would “see the job through” on...

Published 31 Aug, 2023 02:23pm

BoE hikes rate 14th time in row

LONDON: The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to...

Updated 04 Aug, 2023 08:41am

Business & Finance

Bank of England raises borrowing costs to 15-year peak, signals rates to stay high

LONDON: The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of...

Published 03 Aug, 2023 05:53pm

Markets

BoE set for fresh rate hike as UK inflation stays high

LONDON: The Bank of England is set to raise its key interest rate for a 14th time in a row Thursday as UK inflation...

Published 03 Aug, 2023 11:39am

Business & Finance

Bank of England forecasts 150 billion pound QE gilt loss

LONDON: The Bank of England forecast on Tuesday that it would make a net loss of just over 150 billion pounds ($193...

Published 25 Jul, 2023 05:51pm

Markets

UK inflation rate falls to 7.9% in June

LONDON: British annual consumer price inflation fell to a lower than expected 7.9% in June, figures from the Office...

Published 19 Jul, 2023 12:11pm

Markets

European shares slide on rate hike jitters

PARIS: European shares briefly hit their lowest level in nearly three months on Thursday, with London stocks falling...

Published 23 Jun, 2023 06:00am

Markets

Yuan slides after China cuts lending benchmarks; Aussie down

SINGAPORE: The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian...

Published 20 Jun, 2023 09:27am

Business & Finance

BOE raises rates

LONDON: The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% on Thursday and...

Published 12 May, 2023 05:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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