Trends - inflation - Business Recorder

inflation

What happens when cash reigns supreme?

EDITORIAL: In the last decade, authorities had supposedly lent focus to expand documentation of the economy. But,...

Published 16 Aug, 2023 05:50am

Business & Finance

Canada inflation rises in July to 3.3 percent

OTTAWA: Canada’s inflation rate rose to 3.3 percent in July after plunging over the past year from a June 2022 peak,...

Published 15 Aug, 2023 07:11pm

BR Research

Cement: Pricing it in

Last week, cement prices stood close to Rs1200 per cement bag. Over the past 20 days, average cement price rose by...

Published 15 Aug, 2023 08:24am

Global conditions contributed to higher inflation in Pakistan: SBP

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that global economic conditions have largely...

Updated 15 Aug, 2023 10:02am

Pakistan

Growing inflation making life miserable for the poor: PDP

KARACHI: Growing price hike has made miserable the lives of millions of poor families but the government is not...

Published 14 Aug, 2023 06:29am

Shehbaz narrates his achievements in farewell address

ISLAMABAD: Outgoing Prime Minister Shehbaz Sharif said that the Pakistan Democratic Movement (PDM)-led government...

Updated 14 Aug, 2023 10:11am

Pakistan

‘No legislation passed in five years for welfare of people, traders’

KARACHI: Chairperson of Pakistan Business Forum (Sindh Region) Shabnam Zafar said that no legislation was passed in...

Published 11 Aug, 2023 05:17am

Pakistan

PTI says PDM govt has ruined economy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday termed the one-and-a-half-year tenure of Pakistan Democratic...

Published 11 Aug, 2023 05:17am

BRACE report lists factors leading to greater poverty

ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in...

Updated 11 Aug, 2023 09:29am

Business & Finance

Dollar sinks as inflation, jobless claims data cement Sept Fed pause

NEW YORK: The dollar fell on Thursday after data showed US consumer prices rose modestly last month, while initial...

Published 11 Aug, 2023 05:17am

BR Research

Oil sales for OMCs – Jul 23

The oil marketing sector has had weaker volumes for FY23, and that continues as we enter FY24. After falling by...

Published 08 Aug, 2023 08:25am

Business & Finance

Asia’s factory activity shrinks as China’s slump, global slowdown weigh

TOKYO: Asia’s factory activity shrank in July, private surveys showed on Tuesday, a sign slowing global growth and...

Published 07 Aug, 2023 07:35am

Markets

Wall St Week Ahead-Inflation report, bond yields in focus as US stocks rally pauses

NEW YORK: A highly awaited inflation report and elevated bond yields offer the latest test to a US stock rally that...

Published 06 Aug, 2023 06:21pm

BR Research

Bad vibes only

Sounding rather pleased with itself, in its latest statement of the Monetary Policy Committee (MPC), the SBP...

Published 03 Aug, 2023 08:51am

Editorials

Fuel price hike

EDITORIAL: Prices of petrol and high speed diesel (HSD) were raised by 19.95 and 19.90 rupees per litre,...

Updated 03 Aug, 2023 06:27am

BR Research

Inflation: FY24 off to a poor start

Inflation monster is not coming in control. The fiscal year started on a high inflationary note. The headline number...

Published 02 Aug, 2023 08:27am

BR Research

Is the formal sector shrinking?

During the post MPC briefing by the SBP earlier this week, the central bank governor noted that the full...

Published 02 Aug, 2023 08:22am

Opinion

FY24 to FY28: IMF’s forex cash flow projections

This article is in continuation of the writer’s earlier article on the same subject carried by this newspaper on...

Published 02 Aug, 2023 06:47am

Editorials

MPS: Will IMF need to recalibrate its expectations?

EDITORIAL: In a surprise move, the Monetary Policy Committee (MPC) left the policy rate unchanged at 22 percent,...

Published 02 Aug, 2023 06:47am

Markets

Pakistan’s headline inflation slows marginally, clocks in at 28.3% in July

CPI inflation in urban areas reported at 26.3% on a year-on-year basis in July 2023

Updated 01 Aug, 2023 08:35pm

Business & Finance

Indonesia’s July inflation rate slows to 3.08% y/y

JAKARTA: Indonesia’s annual inflation rate cooled further to 3.08% in July, moving closer to the middle of the...

Published 01 Aug, 2023 09:48am

BR Research

MPC surprise

SBP has kept the interest rates unchanged at 22 percent. That was a surprise for a few, as the general expectations...

Published 01 Aug, 2023 08:29am

Business & Finance

Policy rate kept unchanged as economic uncertainty ebbs

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate...

Published 01 Aug, 2023 06:19am

Business & Finance

Risks to inflation skewed to upside over medium term in Sri Lanka, central bank says

COLOMBO: Risks to inflation in Sri Lanka and real economic growth projections are skewed to the upside over the...

Published 31 Jul, 2023 05:53pm

Opinion

Restoring investor confidence key challenge

Taming the inflation monster is turning out to be a challenge at a time when many analysts were expecting the...

Published 31 Jul, 2023 06:43am

Editorials

Punjab’s luxury cars

EDITORIAL: It almost beggars belief that Punjab’s caretaker government would release Rs 2.3 billion – an...

Published 29 Jul, 2023 05:28am

World

Key US inflation gauge cools further as rate hikes bite

WASHINGTON: A key indicator of US inflation cooled in June to the lowest annual rate in over two years, said...

Published 28 Jul, 2023 06:08pm

Business & Finance

SPI inflation up 3.73pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the week ended July 26, 2023, rose by 3.73 ...

Published 28 Jul, 2023 03:02am

Business & Finance

German consumer mood improves as inflation slows

BERLIN: German consumer confidence rose heading into August, a key survey showed Thursday, as once red-hot inflation...

Published 27 Jul, 2023 11:31am

Pakistan

Bilawal takes up issue of disruption of grain supply chain with Lavrov

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Wednesday reached out to his Russian counterpart Sergei Lavrov...

Updated 27 Jul, 2023 10:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Cotton US¢/pound / Apr 19	80.67
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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