Trends - eurozone - Business Recorder

eurozone

Geopolitical tensions threaten eurozone stability: ECB

FRANKFURT, (Germany): Geopolitical tensions and policy uncertainty in a year featuring many elections worldwide...

Published 17 May, 2024 05:50am

Business & Finance

Eurozone inflation falls faster than expected in March

BRUSSELS: The eurozone’s annual rate of inflation dropped further than expected in March, official data showed...

Published 08 Apr, 2024 04:46am

Markets

Dollar steady as PCE data sets up June rate cut bets; yen in focus

SINGAPORE: The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal...

Published 01 Apr, 2024 09:44am

Markets

Euro zone govt bond yields tick up after Fed’s Waller remarks

PARIS: Euro zone bond yields edged up on Thursday after Federal Reserve Governor Christopher Waller advocated a...

Published 01 Apr, 2024 05:34am

Business & Finance

Eurozone inflation dips further in February

BRUSSELS: Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was ...

Published 04 Mar, 2024 04:15am

Markets

Dollar waits on US inflation reading, bitcoin tops $60,000

SINGAPORE: The US dollar was firm and the yen was headed for a monthly loss in the lead up to US inflation data that...

Published 29 Feb, 2024 09:50am

World

Instant payments will soon be available across EU

BRUSSELS, (Belgium): Bank customers will soon be able to transfer money across Europe within seconds after the EU...

Published 27 Feb, 2024 03:06am

World

EU cuts growth and inflation forecasts for 2024

BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,...

Published 16 Feb, 2024 06:02am

Business & Finance

Flatlining eurozone economy narrowly dodges recession

BRUSSELS: The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in ...

Published 31 Jan, 2024 05:22am

Business & Finance

Eurozone business activity downturn deepens in Dec

BRUSSELS: Business activity in the eurozone slumped at a faster rate in December, weighed down by a deeper downturn...

Published 18 Dec, 2023 06:42am

Business & Finance

Euro zone recession fears harden as surveys show grim start to Q4

LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services...

Published 07 Nov, 2023 06:33am

Business & Finance

Eurozone economy shrinks as inflation falls further

BRUSSELS: The eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank’s painful...

Published 06 Nov, 2023 05:27am

Business & Finance

German economy likely shrunk in Q3: Bundesbank

FRANKFURT: Germany’s economy likely contracted in the third quarter, the Bundesbank said in a monthly report on...

Published 30 Oct, 2023 05:24am

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

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

Business & Finance

Global business activity showed signs of slowdown in August

LONDON: Global business activity largely slowed further last month as services firms struggled in the face of weak...

Published 11 Sep, 2023 06:32am

Business & Finance

Eurozone economic downturn steepens in July

BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered...

Published 25 Jul, 2023 06:20am

Business & Finance

ECB to tighten monitoring of banks’ liquidity

BERLIN: The European Central Bank (ECB) announced Saturday it wants to monitor the liquidity of banks in the ...

Published 23 Jul, 2023 03:25am

Markets

Eurozone blue-chips slide on China weakness

PARIS: Eurozone blue-chip stocks fell on Wednesday as tech shares were pressured ahead of US Federal Reserve’s...

Published 06 Jul, 2023 05:42am

Business & Finance

‘No victory yet’, ECB says as inflation slows in key countries

FRANKFURT: Falling inflation in top eurozone economies is “positive” news, a senior European Central Bank...

Published 05 Jun, 2023 03:27am

Business & Finance

Eurozone economic growth slows in May

BRUSSELS: Economic growth in the eurozone edged down in May to a three-month low because of a drop in industrial...

Published 29 May, 2023 04:27am

Spain’s local elections set to put PM on the back foot

MADRID: Spain votes Sunday in local and regional polls which will be a barometer for a year-end general election...

Published 28 May, 2023 10:59am

World

IMF raises eurozone growth forecast, sees German recession

WASHINGTON: The IMF on Tuesday slightly raised its forecast for economic growth in the eurozone this year but it...

Published 11 Apr, 2023 06:32pm

Business & Finance

ECB chief warns financial tensions may hit eurozone

FRANKFURT: Recent financial turbulence could add to “downside risks” in the eurozone, European Central Bank chief...

Published 22 Mar, 2023 05:49pm

World

Eurozone inflation falls but uncertainty remains

BRUSSELS: The eurozone’s annual inflation rate has fallen for a third consecutive month, official data showed on...

Published 01 Feb, 2023 05:21pm

Markets

European shares end lower but log January gain

PARIS: Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh round of interest rate hikes from top...

Published 01 Feb, 2023 07:26am

World

Hopes grow that eurozone will dodge recession

BRUSSELS: Europe’s economy grew in January for the first time since June, a closely watched survey showed Tuesday,...

Published 24 Jan, 2023 05:54pm

World

Croatia adopts euro, enters borderless Europe club

ZAGREB: Croatia on Sunday switched to the euro and entered Europe’s passport-free zone — two major milestones ...

Published 02 Jan, 2023 07:31am

Business & Finance

Euro zone yields hover near lowest levels in months ahead of ECB meeting

LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors...

Published 09 Dec, 2022 05:58am

Markets

European equities waver on economic gloom

LONDON: European stock markets wavered on Wednesday on news that the eurozone and UK economies shrank in November,...

Published 24 Nov, 2022 04:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 21	278.50
USD PKR Interbank Buying / May 21	278.30
USD to Japanese Yen / May 21	156.23
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 21	5321.41
India Sensex / May 21	73953.31
Tokyo Nikkei / May 21	38671.97
Nasdaq / May 21	16832.63
Hang Seng / May 21	19674.69
FTSE 100 / May 21	8416.45
Dow Jones / May 21	39872.99
Germany DAX 30 / May 21	18726.76

Item	Value
Crude Oil USD/Barrel / May 21	79.26
Karachi Cotton PKR/37.32 KG / May 21	19935
Gold 10 Grams PKR / May 21	213048
Gold Spot USD/Ounce / May 21	2423.23
Cotton US¢/pound / May 21	77.37
Petrol/Litre / May 22	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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