Trends - currency depreciation

currency depreciation

Fix the HSD subsidy first!

The subsidy on diesel is growing. And so is the consumption (on papers). National sale of high-speed diesel (HSD)...

Published 20 May, 2022 09:48am

BR Research

Rising financing needs

Today is a T-Bill auction. The fiscal financing needs are growing, while the avenues to finance are drying. SBP...

Published 18 May, 2022 08:32am

Business & Finance

Indus Motor Company suspends bookings of all Toyota vehicles in Pakistan

Says currency volatility reason behind decision

Published 08 Apr, 2022 01:16am

BR Research

In the eye of storm!

Amidst ominous political developments in the capital, the monthly inflation reading from PBS seems to have fallen on...

Published 04 Apr, 2022 07:46am

BR Research

Autos on auto-pilot

Management at Indus Motors (PSX: INDU), the assembler that sells Toyota vehicles in Pakistan believes that...

Published 18 Mar, 2022 08:07am

BR Research

MPS: a contrarian bet?

SBP has kept the policy rate unchanged. Global commodity prices are in a super cycle. Fiscal policy is absorbing...

Updated 09 Mar, 2022 10:34am

BR Research

Fiscal report card: 1HFY22

The fiscal report card is not bad given the macro situation. The tax revenues growth jacked up due to higher...

Published 14 Feb, 2022 08:26am

BR Research

POL in 1HFY22

Pakistan Oilfields Limited (PSX: POL) announced its financial performance for 1HFY22 last week where its earrings...

Published 07 Feb, 2022 08:01am

BR Research

Monetary Policy – Bold decision

No change as expected. The markets took forward guidance with a surprise. SBP has shown clear indications of not...

Published 25 Jan, 2022 08:07am

BR Research

CPI: no respite!

The headline inflation clocked at 12.3 percent in Dec 21 –highest since Feb20. It was expected. The CPI index...

Published 03 Jan, 2022 08:06am

BR Research

CAD: A tale of two import numbers

The current account deficit (CAD) at $1.9 billion in November surprised many. Hawks may get sidelined. Based on PBS...

Updated 22 Dec, 2021 12:13pm

BR Research

Car prices: Carrot failure

Car prices are increasing. Assemblers are facing cost pressures due to currency depreciation, increase in commodity...

Updated 10 Nov, 2021 02:07pm

BR Research

Allied Bank: steady profits

Allied Bank Limited (ABL) posted another quarter of profitability growth, albeit in low single digit. The yields on...

Published 29 Oct, 2021 07:25am

BR Research

Equity market: Where now?

September 2021 was the worst in terms of returns at KSE-100, since the Covid-induced freefall in March 2020. What is...

Published 05 Oct, 2021 07:25am

BR Research

Currency diary

The currency is under pressure. After crossing 164, the PKR/USD closed at 163.89 yesterday. This is the lowest level...

Updated 04 Aug, 2021 09:34am

BR Research

SHEL – three quarters of recovery!

2020 was a bleak year for companies including the ones in the oil marketing segment. It was no different for Shell...

Published 26 Apr, 2021 07:30am

BR Research

Currency diaries

The appreciation of PKR against USD has continued for the past few weeks (since the start of Feb 21). Prior to that...

Published 19 Mar, 2021 07:25am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	78.34 ▲ 4.49 (6.08%)
Khairpur / May 23 Khairpur Sugar Mills Limited(KPUS)	52.80 ▲ 3.00 (6.02%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)
Zephyr Textile / May 23 Zephyr Textiles Limited(ZTL)	11.00 ▲ 0.50 (4.76%)
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	1.34 ▲ 0.06 (4.69%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.08 ▲ -0.32 (-13.33%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
Sitara Energy / May 23 Sitara Energy Limited(SEL)	10.00 ▲ -0.99 (-9.01%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.06 ▲ -0.39 (-8.76%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.60 ▲ -0.90 (-8.57%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)
Punjab Oil / May 23 Punjab Oil Mills Limited(POML)	159.15 ▲ -12.90 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	7,300,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	6,575,500 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,237,299 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	4,868,222 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	4,298,622 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	4,145,500 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,568,000 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	3,562,165 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,249,500 ▼ 0.00
Flying Cement / May 23 Flying Cement Company Limited(FLYNG)	3,059,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

currency depreciation

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