Trends - ECB - Business Recorder

ECB

Eurozone inflation falls for first time in 17 months

BRUSSELS: The eurozone annual inflation rate fell for the first time in 17 months in November as it slowed to 10...

Published 01 Dec, 2022 07:08am

Sports

Decision on start of first Test to be made on Thursday morning: PCB

The Pakistan Cricket Board (PCB) and England and Wales Cricket Board (ECB) on Wednesday agreed to delay the decision...

Published 30 Nov, 2022 09:15pm

Sports

Virus hits England camp, may delay Rawalpindi Test

England’s preparation for the opening Test against Pakistan has been thrown into disarray by a virus sweeping...

Published 30 Nov, 2022 05:36pm

Opinion

Investors left scratching heads as ECB bosses spar on outlook

The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, leaving...

Published 26 Nov, 2022 04:13am

Business & Finance

Dollar rises with bets on hawkish Fed

NEW YORK/LONDON: The dollar rose on Thursday as US Treasury yields increased and investors bet on a relatively...

Published 18 Nov, 2022 05:53am

Business & Finance

Crypto turmoil ‘not a surprise’, says ECB

FRANKFURT: The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the...

Published 16 Nov, 2022 05:50pm

World

Greener economies can reduce energy price ‘spikes’, says Lagarde

FRANKFURT: Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases,...

Published 07 Nov, 2022 05:17pm

Business & Finance

ECB’s next rate move likely between 50 and 75 bps

AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy...

Published 31 Oct, 2022 05:55am

Business & Finance

ECB’s next rate move likely between 50 and 75 bps, Knot says

AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy...

Published 30 Oct, 2022 04:56pm

Markets

European stocks recoup losses after ECB hikes rate as expected

LONDON: European stocks emerged from their session lows and closed nearly flat on Thursday after the European...

Published 28 Oct, 2022 05:58am

Business & Finance

Euro falls against the dollar after ECB rate hike, US data

NEW YORK: The euro briefly fell back below parity with the dollar on Thursday after the European Central Bank (ECB)...

Published 28 Oct, 2022 05:58am

Europe risks ‘deeper recessions’ on war and inflation: IMF

WASHINGTON: Downturns in parts of Europe could turn into “deeper recessions” across the continent as energy...

Updated 24 Oct, 2022 09:58am

Markets

Fed and ECB right to tighten policy: IMF’s Gopinath

BERLIN: Inflation in the United States is “very stubborn” and the Federal Reserve should “stay the course” and...

Published 17 Oct, 2022 12:45pm

Business & Finance

ECB will raise rates as high as needed to rein in core inflation

PARIS: The European Central Bank will raise interest rates as much as needed to bring down core inflation although...

Published 04 Oct, 2022 05:46pm

Business & Finance

Eurozone inflation jumps to record 10pc

BRUSSELS: Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday,...

Updated 01 Oct, 2022 11:06am

Opinion

Embattled emerging markets face fresh pain from US rate hikes

The prospect of US interest rates climbing to levels last seen in the run-up to the global financial crisis has cast...

Published 28 Sep, 2022 05:51am

Sports

ECB offers to host Test series between Pakistan, India

The England and Wales Cricket Board (ECB) has offered to host the Pakistan-India Test series in the future, The...

Published 27 Sep, 2022 10:29pm

Business & Finance

ECB to keep hiking rates even as growth slows: Lagarde

FRANKFURT: The European Central Bank expects to keep hiking interest rates to combat soaring inflation, its...

Published 26 Sep, 2022 08:19pm

Markets

ECB must keep raising rates despite downturn, Schnabel says

FRANKFURT: The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need...

Published 22 Sep, 2022 11:34am

Markets

ECB wants banks to review capital plans given downturn, Enria says

FRANKFURT: The euro zone banking sector is robust ahead of a possible recession but the European Central Bank is...

Published 19 Sep, 2022 03:20pm

Business & Finance

Dollar falls ahead of US inflation data; euro jumps

NEW YORK: The US dollar fell to its lowest level in about two weeks against a basket of currencies on Monday...

Published 13 Sep, 2022 06:12am

Markets

European stocks clock first weekly rise in four

LONDON: European stocks marked their first weekly rise in four on Friday, boosted by a surge in banking shares on...

Published 12 Sep, 2022 06:01am

Sports

Third Test between England and South Africa to resume on Saturday

LONDON: England’s third and deciding Test against South Africa at The Oval will resume on Saturday after the second...

Published 09 Sep, 2022 06:47pm

Sports

Second day of Test called off following death of Queen Elizabeth

LONDON: The second day's play in the third Test between England and South Africa at The Oval will not take place on...

Published 09 Sep, 2022 12:11am

Business & Finance

ECB ramps up rates by unprecedented 75 bps to fight inflation

FRANKFURT: The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday...

Updated 08 Sep, 2022 10:07pm

Business & Finance

Euro plunges to new 20-year low after Russian gas halt

LONDON: The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main...

Published 06 Sep, 2022 04:08am

Business & Finance

ECB should raise rates at steady pace, chief economist says

FRANKFURT: The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking...

Published 29 Aug, 2022 07:07pm

Business & Finance

ECB needs another big rate hike in September, Kazaks says

JACKSON HOLE: A euro zone recession is now very likely but that alone will not bring down inflation and the European...

Published 27 Aug, 2022 06:23pm

Business & Finance

Some ECB policymakers want 75 basis point hike discussed in Sept

JACKSON HOLE: Some European Central Bank policymakers want to discuss a 75 basis point interest rate hike at the...

Published 26 Aug, 2022 06:33pm

Business & Finance

ECB accounts show inflation concerns intensifying

European Central Bank policymakers meeting last month appeared increasingly concerned that high inflation was...

Published 25 Aug, 2022 06:17pm

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 9 Hira Textile Mills Limited(HIRAT)	2.99 ▲ 0.80 (36.53%)
Dewan Farooque Sp. / Dec 9 Dewan Farooque Spinning Mills Limited(DFSM)	4.56 ▲ 1.00 (28.09%)
Kohinoor Ind. / Dec 9 Kohinoor Industries Limited(KOIL)	5.99 ▲ 0.89 (17.45%)
Colony Tex.Mills Ltd / Dec 9 Colony Textile Mills Limited(CTM)	3.75 ▲ 0.55 (17.19%)
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	3.57 ▲ 0.42 (13.33%)
Jahangir Sidd(Pref) / Dec 9 Jahangir Sidd(Pref)(JSCLPSA)	7.85 ▲ 0.84 (11.98%)
D.S. Ind. Ltd. / Dec 9 D.S. Industries Limited(DSIL)	3.30 ▲ 0.30 (10.00%)
Chakwal Spinning / Dec 9 Chakwal Spinning Mills Limited(CWSM)	2 ▲ 0.18 (9.89%)
Hum Network / Dec 9 Hum Network Limited(HUMNL)	6.08 ▲ 0.54 (9.75%)
First Tri-Star Mod. / Dec 9 First Tri-Star Modaraba(FTSM)	10.40 ▲ 0.85 (8.90%)

Stock	Price
SME Leasing Ltd / Dec 9 SME Leasing Limited(SLL)	2.10 ▲ -0.57 (-21.35%)
First Prudential Mod. / Dec 9 First Prudential Modaraba(PMI)	1.55 ▲ -0.15 (-8.82%)
Indus Dyeing / Dec 9 Indus Dyeing & Manufacturing Co. Limited(IDYM)	193.16 ▲ -15.66 (-7.50%)
Sanofi-Aventis / Dec 9 Sanofi-Aventis Pakistan Limited(SAPL)	971.25 ▲ -78.75 (-7.50%)
Shield Corp. / Dec 9 Shield Corporation Limited(SCL)	284.91 ▲ -23.09 (-7.50%)
Ghani Chem. Ind. / Dec 9 Ghani Chemical Industries Limited(GCIL)	15.94 ▲ -1.29 (-7.49%)
J.K.Spinning / Dec 9 J.K. Spinning Mills Limited(JKSM)	37.93 ▲ -3.07 (-7.49%)
EFG Hermes Pak / Dec 9 EFG Hermes Pakistan Limited(EFGH)	13.11 ▲ -1.06 (-7.48%)
Trust Sec.& Brok. / Dec 9 Trust Securities & Brokerage Limited(TSBL)	15.06 ▲ -1.21 (-7.44%)
Dewan Textile / Dec 9 Dewan Textile Mills Limited(DWTM)	3.49 ▲ -0.28 (-7.43%)

Stock	Volume
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	25,213,000 ▼ 0.00
Hum Network / Dec 9 Hum Network Limited(HUMNL)	23,560,500 ▼ 0.00
Dewan Farooque Sp. / Dec 9 Dewan Farooque Spinning Mills Limited(DFSM)	12,801,500 ▼ 0.00
Dewan Cement / Dec 9 Dewan Cement Limited(DCL)	12,798,000 ▼ 0.00
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	12,797,500 ▼ 0.00
Dewan Motors / Dec 9 Dewan Farooque Motors Limited(DFML)	11,467,000 ▼ 0.00
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	11,264,316 ▼ 0.00
Hira Textile / Dec 9 Hira Textile Mills Limited(HIRAT)	8,150,000 ▼ 0.00
Agritech Limited / Dec 9 Agritech Limited(AGL)	6,794,000 ▼ 0.00
TPL Properties / Dec 9 TPL Properties Limited(TPLP)	6,362,795 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	225.40
USD PKR Interbank Buying / Dec 8	224.40
USD to Japanese Yen / Dec 8	136.55
USD to Swiss Franc / Dec 8	0.94
Pound Sterling to USD / Dec 8	1.22
Euro to USD / Dec 8	1.05
UK LIBOR % / Dec 7	3.82

Stock	Volume
S&P 500 / Dec 8	3970.19
India Sensex / Dec 8	62570.68
Tokyo Nikkei / Dec 8	27480.49
Nasdaq / Dec 8	11062.12
Hang Seng / Dec 8	19230.99
FTSE 100 / Dec 8	7482.33
Dow Jones / Dec 8	33803.15
Germany DAX 30 / Dec 8	14284.52
France CAC40 / Dec 8	6662.98

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	16735
Crude Oil USD/Barrel / Dec 8	71.95
Gold 10 Grams PKR / Dec 8	142661
Gold Spot USD/Ounce / Dec 8	1787.84
Cotton US¢/pound / Dec 8	81.38

ECB

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