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food prices

One killed as price protests continue in Iran

DUBAI: Protests over soaring food prices continued in several cities in Iran on Saturday, according to postings on...

Published 14 May, 2022 11:41pm

Business & Finance

Russia inflation hits 20 year high in April

MOSCOW: Russia’s annual inflation jumped to a two-decade high of 17.8 percent in April, fuelled by Western...

Published 14 May, 2022 04:05am

Markets

April CPI inflation surges 13.4pc YoY

Inflation in ten months of the current fiscal year 2021-22 averaged 11.01 percent against 8.62 percent during the same period of last year

Updated 02 May, 2022 03:12pm

Opinion

Tentative start

The new government has undoubtedly inherited a turbulent economy. The woes are not due only to political ...

Updated 29 Apr, 2022 01:41pm

Opinion

Reaching a good balance between austerity and counter-cyclical policies

First it was vaccine apartheid practiced by many rich, advanced countries, which significantly contributed to an...

Published 22 Apr, 2022 05:36am

World

Canadian inflation surges to 31-year-high of 6.7% in March

OTTAWA: Canada's annual inflation rate accelerated in March to 6.7%, a full percentage point higher than in February...

Updated 20 Apr, 2022 06:43pm

World Bank lists factors exacerbating macroeconomic imbalances in Pakistan

Domestic political uncertainty and policy reform slippages can lead to protracted macroeconomic imbalances

Updated 20 Apr, 2022 01:14pm

BR Research

Fuel prices: To raise or not to raise

The fuel price decision is once again upon the government. This time around, it is the new government that faces the...

Published 15 Apr, 2022 06:21am

BR Research

CPI roundup

The headline inflation clocked at 12.7 percent in March 2022, and 9M average is at 10.8 percent –hovering around...

Published 04 Apr, 2022 07:44am

Opinion

Muslims face frugal Ramazan as Ukraine war drives up food prices

Russia’s Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is...

Published 31 Mar, 2022 05:11am

Opinion

‘Frankly speaking, all is not well with economy’: Govt’s response

We respect the opinion printed by Business Recorder Editorial on 25th March 2022, one of the most widely viewed...

Updated 26 Mar, 2022 12:32pm

Discussions constructive: IMF official

ISLAMABAD: The International Monetary Fund (IMF) has said that discussions with Pakistan are constructive to...

Updated 20 Mar, 2022 05:33pm

$6bn rescue package: IMF says having ‘constructive’ talks with Pakistan

Pakistani officials say they are confident they can address any concerns IMF may have

Updated 18 Mar, 2022 01:47pm

BR Research

February inflation diary

The headline inflation clocked at 12.4 percent in February 2022 as compared to 13 percent in the previous month. The...

Updated 02 Mar, 2022 12:37pm

World

Sri Lanka default rumours ‘totally unsubstantiated,’ says central bank

COLOMBO: Sri Lanka’s central bank said on Wednesday the country was committed to honouring all forthcoming debt...

Published 10 Feb, 2022 04:40am

BR Research

CPI slowdown: don’t look too closely!

At least that’s what the central bank would have you do! Monday’s monetary policy statement claimed that “the...

Published 26 Jan, 2022 08:08am

Opinion

Rising inflation

The last four months have witnessed a rising trend in the rate of inflation. It has reached a double-digit rate of...

Published 07 Dec, 2021 06:29am

Business & Finance

Spanish inflation soars to 29-year high

MADRID: Spanish inflation accelerated in November to its highest level in nearly three decades on the back of rising...

Published 30 Nov, 2021 05:23am

Business & Finance

'Rickety' rupee inflicting huge losses on importers, fuelling inflation: Maggo

KARACHI: Mian Nasser Hyatt Maggo, President FPCCI Friday expressed his deep dismay over the incessantly unstable...

Published 13 Nov, 2021 04:08am

Markets

Russia will set 6-month quotas for exports of nitrogen fertilisers

MOSCOW: Russia will limit exports of nitrogen fertilisers and complex nitrogen-containing fertilisers for six months...

Published 05 Nov, 2021 04:39am

Business & Finance

Mian Zahid concerned at rise in prices of food, energy

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum...

Published 29 Oct, 2021 05:05am

BR Research

Food prices: “can” it!

It is commonly held that administrative failures – in particular, absence of value chains for perishable ...

Published 07 Oct, 2021 07:30am

Afghanistan on verge of socio-economic collapse: EU

BRUSSELS: Afghanistan is facing a breakdown of its economic and social systems that risks turning into a ...

Updated 04 Oct, 2021 09:52am

Business & Finance

UBG urges PM to help arrest rupee 'slide'

KARACHI: President of United Business Group (UBG) Zuabir Tufail has urged Prime Minister Imran Khan and Governor...

Published 05 Sep, 2021 04:26am

Drought leaves Afghans hungry as economic collapse looms: UN

GENEVA: Many Afghans were struggling to feed their families amid severe drought well before Taliban militants seized...

Published 03 Sep, 2021 04:58am

BR Research

Poultry: don’t celebrate volatility

Social media is abuzz with sharp critiques and counter-critiques over whether government’s administrative arm has...

Published 11 Aug, 2021 07:40am

Markets

Retail coffee prices to climb as frost, freight costs bite

LONDON: The most devastating frost in decades in top coffee producer Brazil and record freight costs sparked by...

Published 08 Aug, 2021 03:38am

World

Putin's drive to tame food prices threatens grain sector

MOSCOW: During a televised session with ordinary Russians last month, a woman pressed President Vladimir Putin on...

Published 24 Jul, 2021 04:27am

World

Syria govt raises bread, diesel prices as crisis deepens

The price of diesel fuel nearly tripled and the price of bread doubled on Sunday

Published 11 Jul, 2021 05:49pm

June CPI inflation increases 9.70pc YoY

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 9.7 percent on year-on-year basis in June ...

Published 02 Jul, 2021 04:19am

Gainers
Losers
Leaders

Stock	Price
Int. Knit. / May 16 International Knitwear Limited(INKL)	10.00 ▲ 0.75 (8.11%)
Engro Polymer / May 16 Engro Polymer & Chemicals Limited(EPCL)	85.21 ▲ 5.94 (7.49%)
Karam Cera. / May 16 Karam Ceramics Limited(KCL)	51.99 ▲ 3.62 (7.48%)
Punjab Oil / May 16 Punjab Oil Mills Limited(POML)	159.99 ▲ 10.57 (7.07%)
Khairpur / May 16 Khairpur Sugar Mills Limited(KPUS)	48.69 ▲ 3.19 (7.01%)
Dandot Cement / May 16 Dandot Cement Company Limited(DNCC)	8.25 ▲ 0.50 (6.45%)
Allied Rent. / May 16 Allied Rental Modaraba(ARM)	23.50 ▲ 1.40 (6.33%)
Unicap Modaraba / May 16 Unicap Modaraba(UCAPM)	1.96 ▲ 0.11 (5.95%)
Thal Ind.Corp. / May 16 Thal Industries Corporation Limited(TICL)	260.00 ▲ 14.29 (5.82%)
Leather Up Ltd. / May 16 Leather Up Limited(LEUL)	15.60 ▲ 0.84 (5.69%)

Stock	Price
Bilal Fibres / May 16 Bilal Fibres Limited(BILF)	2.15 ▲ -0.35 (-14.00%)
Escorts Bank / May 16 Escorts Investment Bank Limited(ESBL)	6.42 ▲ -0.97 (-13.13%)
Punjab Mod / May 16 First Punjab Modaraba(FPJM)	1.65 ▲ -0.20 (-10.81%)
Tri-Star Power / May 16 Tri-Star Power Limited(TSPL)	2.60 ▲ -0.28 (-9.72%)
Jubilee Spinning / May 16 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.00 ▲ -0.39 (-8.88%)
Service Textile / May 16 Service Industries Textiles Limited(SERT)	10.00 ▲ -0.90 (-8.26%)
Prud Mod.1st / May 16 First Prudential Modaraba(PMI)	1.56 ▲ -0.14 (-8.24%)
Telecard Limited / May 16 Telecard Limited(TELE)	10.26 ▲ -0.92 (-8.23%)
Khurshid Spinning / May 16 Khurshid Spinning Mills Limited(KHSM)	8.60 ▲ -0.70 (-7.53%)
Ferozsons (Lab) / May 16 Ferozsons Laboratories Limited(FEROZ)	277.06 ▲ -22.46 (-7.50%)

Stock	Volume
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	16,252,085 ▼ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	15,156,843 ▼ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	11,822,845 ▼ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	9,495,000 ▼ 0.00
Habib Bank / May 16 Habib Bank Limited(HBL)	9,147,071 ▼ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	8,572,500 ▼ 0.00
Engro Polymer / May 16 Engro Polymer & Chemicals Limited(EPCL)	8,269,580 ▼ 0.00
TRG Pak Ltd / May 16 TRG Pakistan Limited(TRG)	7,194,603 ▼ 0.00
Ghani Glo Hol / May 16 Ghani Global Holdings Limited(GGL)	7,155,127 ▼ 0.00
Engro Fert. / May 16 Engro Fertilizers Limited(EFERT)	6,441,539 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	192.60
USD PKR Interbank Buying / May 13	192.40
USD to Japanese Yen / May 13	129.22
USD to Swiss Franc / May 13	1.00
Pound Sterling to USD / May 13	1.23
Euro to USD / May 13	1.04
UK LIBOR % / May 13	0.83

Stock	Volume
S&P 500 / May 13	4023.89
India Sensex / May 13	52793.62
Tokyo Nikkei / May 13	26427.65
Nasdaq / May 13	11805.00
Hang Seng / May 13	19898.77
FTSE 100 / May 13	7418.15
Dow Jones / May 13	32196.66
Germany DAX 30 / May 13	14027.93
France CAC40 / May 13	6362.68

Item	Value
Crude Oil / May 13	110.49
Karachi Cotton Assoc. / May 13	21180.00
Gold 10 Grams / May 13	113000.00
Gold Spot / May 13	1811.79
Cotton / May 13	145.20

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