Trends - ECB - Business Recorder

ECB

European shares slip after recent rally

PARIS: European shares paused on Thursday afters recent strong gains, while data in Germany added to worries that ...

Published 08 Dec, 2023 05:20am

Markets

Germany’s DAX touches fresh record high

PARIS: Germany’s benchmark index scaled a fresh all-time high on Wednesday after disappointing industrial orders...

Published 07 Dec, 2023 04:35am

Business & Finance

Dollar touches 2-week high, euro weaker

NEW YORK: The US dollar touched a two-week high on Wednesday, while the euro was weak across the board as markets...

Published 07 Dec, 2023 04:35am

Markets

European shares take a breather after sharp rally last week

PARIS: Miners and energy stocks dragged Europe’s benchmark index marginally lower on Monday, hurt by weak ...

Published 05 Dec, 2023 03:01am

Business & Finance

Euro zone corporate lending contracts as economy shrinks

FRANKFURT: Bank lending to businesses across the euro zone fell for the first time since 2015 last month, data from...

Published 04 Dec, 2023 05:35am

World

Digital bank robberies key risk for central bank e-money, BIS report warns

LONDON: Digital bank robberies and other cyber hacks will be a key risk for countries launching digital versions of...

Published 30 Nov, 2023 04:53am

Markets

German shares rally as easing inflation boosts ECB rate cut bets

PARIS: German shares rallied on Wednesday after better-than-expected inflation data in the euro zone’s largest...

Published 30 Nov, 2023 04:53am

Markets

European stocks stall after comments from ECB officials

PARIS: European shares fell for a second session on Tuesday, stalling November’s strong run of gains, after...

Published 29 Nov, 2023 05:09am

Markets

European shares rise to fresh two-month peak

PARIS: European shares rose on Thursday, supported by gains in energy stocks, while investors digested minutes of ...

Published 24 Nov, 2023 05:29am

Business & Finance

Eurozone financial stability outlook fragile: ECB

FRANKFURT: The eurozone financial stability outlook remains fragile as tighter financing conditions, high inflation...

Published 22 Nov, 2023 05:25pm

Markets

Italian shares lag European peers as banks drag

PARIS: Italian shares lagged European peers on Tuesday as banking stocks weighed, while investors awaited minutes...

Published 22 Nov, 2023 05:48am

Business & Finance

Lagarde warns against premature inflation celebration

FRANKFURT: The European Central Bank has time now to assess how inflation unfolds after a record string of rate ...

Published 22 Nov, 2023 05:48am

Business & Finance

Dollar falls to two-month low on Fed view, yen strengthens

NEW YORK: The dollar index fell to its lowest in more than two months on Monday, extending a slide from the prior...

Published 21 Nov, 2023 06:01am

World

European countries differ over windfall taxes on banks

STOCKHOLM: Some European countries have imposed windfall taxes on banks’ profits to help fund their response to ...

Published 20 Nov, 2023 06:28am

Markets

European shares end higher as bond yields slide

PARIS: European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing...

Published 18 Nov, 2023 06:03am

Business & Finance

Dollar poised for steep weekly fall

NEW YORK: The dollar headed toward one of its steepest weekly declines versus other major currencies this year on...

Published 18 Nov, 2023 06:03am

Markets

European shares ease from 3-week high

PARIS: European shares fell on Friday, hurt by higher bond yields, as hawkish comments from the US Federal Reserve...

Published 11 Nov, 2023 06:30am

Business & Finance

Dollar steady against euro, yen weakens

NEW YORK: The dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated that...

Published 11 Nov, 2023 06:30am

Markets

European shares rise on strong earnings

PARIS: European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while...

Published 09 Nov, 2023 05:38am

Markets

Real estate stocks lead European shares to biggest weekly gain

PARIS: Europe’s benchmark STOXX 600 index posted its biggest weekly gain since March on Friday, supported by...

Published 04 Nov, 2023 06:00am

Markets

European shares rise on retail, healthcare boost

PARIS: Europe’s benchmark index rose on Wednesday, led by healthcare and retail stocks, with investors bracing for...

Published 02 Nov, 2023 03:16am

Markets

Oil slightly up as further ECB rate hikes unlikely

HOUSTON: Oil prices edged higher on Tuesday as a drop in euro zone inflation buoyed hopes that the European Central...

Published 01 Nov, 2023 05:57am

Business & Finance

Eurozone banks tighten credit standards further: ECB

FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a...

Published 30 Oct, 2023 05:24am

Markets

European shares steady on mixed earnings

PARIS: European shares ended flat on Wednesday amid mixed earnings reports, as a slump in shares of French payment...

Published 26 Oct, 2023 06:08am

Business & Finance

Eurozone business activity going from ‘bad to worse’

BRUSSELS: Eurozone business activity slumped at a faster pace in October, resulting in job losses, a closely watched...

Published 25 Oct, 2023 06:19am

Markets

ECB set to hold rates as inflation drifts downwards

BERLIN: For the first time in over a year, European Central Bank policymakers are expected to decide against raising...

Published 23 Oct, 2023 11:40am

Markets

Markets worried about Italy’s ability to grow: ECB’s Visco

ROME: Market concerns about Italy are centred on whether or not its economy will be able to grow in coming years,...

Published 13 Oct, 2023 01:48pm

Opinion

Elusive macroeconomic stability

In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of...

Published 22 Sep, 2023 03:40am

Markets

Slump in SocGen, ECB policymakers’ hawkish tone weigh on European stocks

PARIS: European shares fell on Monday as French bank Societe Generale’s shares slumped after a keenly awaited...

Published 19 Sep, 2023 06:31am

Business & Finance

ECB policymakers push back on rate cut expectations

SANTIAGO DE COMPOSTELA: The European Central Bank will keep interest rates high for an extended period and could...

Published 15 Sep, 2023 05:11pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
Pak Agro Pack. (GEM) / Dec 11 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.67 ▲ 1.00 (14.99%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.51 ▲ 0.51 (10.20%)
Aisha Steel(ConPS) / Dec 11 Aisha Steel(ConPS)(ASLPS)	8.99 ▲ 0.79 (9.63%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.52 ▲ 0.33 (7.88%)
Ist.Dawood Bank / Dec 11 First Dawood Investment Bank Limited(FDIBL)	2.83 ▲ 0.20 (7.60%)
AEL Textile / Dec 11 AEL Textile Limited(AEL)	26.50 ▲ 1.85 (7.51%)
Burshane LPG / Dec 11 Burshane LPG (Pakistan) Limited(BPL)	22.47 ▲ 1.57 (7.51%)
Shahtaj Textile / Dec 11 Shahtaj Textile Limited(STJT)	92.10 ▲ 6.43 (7.51%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	5 ▼ -0.74 (-12.89%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.16 ▼ -0.64 (-9.41%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Unicap Modaraba / Dec 11 Unicap Modaraba(UCAPM)	1.71 ▼ -0.15 (-8.06%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)
HBL Invest Fund / Dec 11 HBL Investment Fund(HIFA)	3.78 ▼ -0.28 (-6.90%)
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	29.63 ▼ -2.17 (-6.82%)
P.S.O. / Dec 11 Pakistan State Oil Company Limited(PSO)	202.61 ▼ -14.61 (-6.73%)
Habib Ins. / Dec 11 Habib Insurance Company Limited(HICL)	6 ▼ -0.43 (-6.69%)
Rafhan Maize / Dec 11 Rafhan Maize Products Company Limited(RMPL)	10555 ▼ -735.00 (-6.51%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.07
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.02
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.04
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.33
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▼ -0.23
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.22
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▼ -0.05
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.37
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	27,935,500 ▼ -0.11
Pak Int.Bulk / Dec 11 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.04

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32769.15
Hang Seng / Dec 11	16020.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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