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BoE

BOE’s Mann says UK wage growth still a concern for inflation, FT reports

Catherine Mann, an external member of the BoE’s monetary policy committee, said that goods and services prices were...

Published 12 Aug, 2024 10:07am

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

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 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

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

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

Markets

Sterling falls after BoE paves way for rate cut, FTSE 100 jumps to record

LONDON: The pound and gilt yields fell on Thursday, while Britain’s blue-chip stock index hit a record after the...

Published 09 May, 2024 05:51pm

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 8	277.83
USD PKR Interbank Buying / Nov 8	277.63
USD to Japanese Yen / Nov 8	152.64
USD to Swiss Franc / Nov 8	0.88
Pound Sterling to USD / Nov 8	1.29
Euro to USD / Nov 8	1.07

Stock	Volume
S&P 500 / Nov 8	5,995.54
India Sensex / Nov 8	79,486.32
Tokyo Nikkei / Nov 8	39,500.37
Nasdaq / Nov 8	19,286.78
Hang Seng / Nov 8	20,728.19
FTSE 100 / Nov 8	8,072.39
Dow Jones / Nov 8	43,988.99
Germany DAX 30 / Nov 8	19,215.48

Item	Value
Crude Oil USD/Barrel / Nov 8	70.38
Karachi Cotton PKR/37.32 KG / Nov 8	18,285
Gold 10 Grams PKR / Nov 8	244,002.80
Gold Spot USD/Ounce / Nov 8	2,684.77
Cotton US¢/pound / Nov 8	70.98
Petrol/Litre / Nov 11	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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