Trends - commercial banks - Business Recorder

commercial banks

Bank of England should push back against growth risks: Haskel

Commercial banks should follow BoE advice to make sure they are ready to implement negative interest rates, although the central bank does not yet know if they will be needed later this year, Haskel added.
Risk management considerations dictate that policy should lean strongly against downside risks to the outlook and I remain open to the possibility that the economy might need further support to return inflation to the target sustainably.

Published 05 Mar, 2021 09:05pm

Markets

PSX closes in deep red: BRIndex100 nosedives

KARACHI: Pakistan Stock Exchange Thursday nosedived just after opening of the trading session. It closed in deep red...

Published 05 Mar, 2021 05:17am

Forex reserves move up by $92m

KARACHI: The country’s total liquid foreign exchange reserves rose by $92 million during last week. According to...

Updated 05 Mar, 2021 09:42am

BR Research

Big banks stand out

What if the assets base did not grow much? What if the interest rates were down from a year ago? Having muscle...

Published 03 Mar, 2021 07:35am

Markets

Kenya's shilling stable, demand for dollars subdued

At 0640 GMT, commercial banks quoted the shilling at 109.70/90 per dollar, unchanged from Monday's closing rate.

Published 02 Mar, 2021 12:08pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (March 1, 2021). ==================================== BR...

Published 02 Mar, 2021 05:50am

Pakistan

Foreign reserves down by $59m

KARACHI: The liquid foreign reserves held by State Bank of Pakistan (SBP) decreased by $59 million to $12.889 ...

Updated 19 Feb, 2021 09:26am

Markets

Kenyan shilling weakens as corporate demand for dollars surges

At 0835 GMT commercial banks quoted the shilling at 109.45/65, compared to Tuesday's close of 109.35/55.

Published 17 Feb, 2021 03:11pm

Markets

Ugandan shilling unchanged; dollar demand flat

At 0850 GMT commercial banks quoted the shilling at 3,655/3,665, the same level as Monday's close. Markets were closed on Tuesday for a holiday.

Published 17 Feb, 2021 03:07pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 16, 2021). ==================================== BR...

Published 17 Feb, 2021 04:24am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 12, 2021). ==================================== BR...

Published 13 Feb, 2021 04:11am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 11, 2021). ==================================== ...

Published 12 Feb, 2021 04:54am

Mark-up subsidy scheme: Over 8,000 applications received, Baqir tells PM

ISLAMABAD: Prime Minister Imran Khan was informed by the governor State Bank of Pakistan (SBP) that within few weeks...

Updated 12 Feb, 2021 09:27am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 9, 2021). ==================================== BR...

Published 10 Feb, 2021 04:12am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 4, 2021). ==================================== BR...

Published 05 Feb, 2021 04:53am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (February 3, 2021). ==================================== ...

Published 04 Feb, 2021 04:13am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (February 1, 2021). ==================================== BR...

Published 02 Feb, 2021 04:29am

Business & Finance

Shanghai authorities order inspections on mortgages and other loans

The financial hub has said it would impose tougher regulations in response to a heating up of its residential property market.

Published 29 Jan, 2021 07:06pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (January 28, 2021). ==================================== BR...

Published 29 Jan, 2021 04:55am

Markets

Kenyan shilling holds steady after policymakers maintain rates

At 0715 GMT, commercial banks quoted the shilling at 110.05/110.25 to the dollar.

Published 28 Jan, 2021 02:24pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 27, 2021). ==================================== ...

Published 28 Jan, 2021 04:40am

Business & Finance

Kenya central bank holds main lending rate for sixth time in a row

The central bank said commercial banks have so far restructured 1.63 trillion Kenyan shillings ($14.81 billion) in loans.
Like other economies worldwide, Kenya's tourism, education, transport and other key sectors have been hit hard by the COVID-19 pandemic.

Published 27 Jan, 2021 08:05pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 22, 2021). ==================================== BR...

Published 23 Jan, 2021 03:56am

Markets

AFRICA FX - Kenya shilling to gain, Nigeria's naira seen stable

The central bank will hold its first interest rate meeting for 2021 on Monday and Tuesday next week.

Published 21 Jan, 2021 07:03pm

Markets

Ugandan shilling stable; importer dollar demand thin

At 0813 GMT, commercial banks quoted the local currency at 3,685/3,695 to the dollar.

Published 19 Jan, 2021 02:37pm

Business & Finance

Wells Fargo profit beats Wall Street estimates as credit costs fall

The fall in provisions was mainly due to the release of $757 million in reserves built after the announced sale of its student loan portfolio.
The bank paid $321 million in customer remediation costs in the quarter.
Total revenue fell 10% to $17.93 billion.

Published 15 Jan, 2021 07:19pm

Markets

Kenya shilling steady, to weaken due to importer demand, dividends

At 0738 GMT, commercial banks quoted the shilling at 110.00/110.20 to the dollar, unchanged from Thursday's close.

Published 15 Jan, 2021 02:27pm

Markets

Kenyan shilling eases due dollar demand from manufacturing sector

At 0815 GMT, commercial banks quoted the shilling at 109.75/95 to the dollar.

Published 13 Jan, 2021 01:56pm

Markets

Kenyan shilling weakens due to energy sector dollar demand

At 0814 GMT, commercial banks quoted the shilling at 109.55/75 to the dollar.

Published 12 Jan, 2021 03:32pm

Markets

Kenyan shilling stable amid slow demand

At 0807 GMT, commercial banks quoted the shilling at 109.15/109.35, same as Thursday's close.

Published 04 Jan, 2021 01:22pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Mar 9 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Mar 9 Al-Abbas Sugar Mills Limited(AABS)	348.90 ▼ 0.00 (0.00%)
Agro Allianz / Mar 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 9 Allied Bank Limited(ABL)	79.36 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 9 Abbott Laboratories (Pakistan) Limited(ABOT)	743.64 ▼ 0.00 (0.00%)
Abson Ind. / Mar 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 9 Attock Cement Pakistan Limited(ACPL)	173.83 ▼ 0.00 (0.00%)
Adam Sugar / Mar 9 Adam Sugar Mills Limited(ADAMS)	25.20 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Mar 9 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Mar 9 Al-Abbas Sugar Mills Limited(AABS)	348.90 ▼ 0.00 (0.00%)
Agro Allianz / Mar 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 9 Allied Bank Limited(ABL)	79.36 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 9 Abbott Laboratories (Pakistan) Limited(ABOT)	743.64 ▼ 0.00 (0.00%)
Abson Ind. / Mar 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 9 Attock Cement Pakistan Limited(ACPL)	173.83 ▼ 0.00 (0.00%)
Adam Sugar / Mar 9 Adam Sugar Mills Limited(ADAMS)	25.20 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 9	157.17
USD PKR Interbank Buying / Mar 9	157.07
USD to Japanese Yen / Mar 9	109.09
USD to Swiss Franc / Mar 9	0.94
Pound Sterling to USD / Mar 9	1.38
Euro to USD / Mar 9	1.18
UK LIBOR % / Mar 9	0.08

Stock	Volume
S&P 500 / Mar 9	3821.35
India Sensex / Mar 9	50441.07
Tokyo Nikkei / Mar 9	28665.52
Nasdaq / Mar 9	12609.16
Hang Seng / Mar 9	28540.83
FTSE 100 / Mar 9	6719.13
Dow Jones / Mar 9	31802.44
Germany DAX 30 / Mar 9	14380.91
France CAC40 / Mar 9	5902.99

Item	Value
Crude Oil / Mar 9	64.81
Karachi Cotton Assoc. / Mar 9	12000.00
Gold 10 Grams / Mar 9	94564.00
Gold Spot / Mar 9	1679.80
Cotton / Mar 9	88.32

commercial banks

Bank of England should push back against growth risks: Haskel

PSX closes in deep red: BRIndex100 nosedives

Forex reserves move up by $92m

Big banks stand out

Kenya's shilling stable, demand for dollars subdued

BRIndex100 and BR Sectoral Indices

Foreign reserves down by $59m

Kenyan shilling weakens as corporate demand for dollars surges

Ugandan shilling unchanged; dollar demand flat

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices

Mark-up subsidy scheme: Over 8,000 applications received, Baqir tells PM

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices

Shanghai authorities order inspections on mortgages and other loans

BRIndex100 and BR Sectoral Indices

Kenyan shilling holds steady after policymakers maintain rates

BRIndex100 and BR Sectoral Indices

Kenya central bank holds main lending rate for sixth time in a row

BRIndex100 and BR Sectoral Indices

AFRICA FX - Kenya shilling to gain, Nigeria's naira seen stable

Ugandan shilling stable; importer dollar demand thin

Wells Fargo profit beats Wall Street estimates as credit costs fall

Kenya shilling steady, to weaken due to importer demand, dividends

Kenyan shilling eases due dollar demand from manufacturing sector

Kenyan shilling weakens due to energy sector dollar demand

Kenyan shilling stable amid slow demand

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