Trends - inflation - Business Recorder

inflation

Dollar plumbs Jan lows in Europe

LONDON: The dollar hit 4-1/2 month lows against a basket of peers on Tuesday, as insistence from the US Federal...

Published 26 May, 2021 03:45am

Markets

Frankfurt stocks hit record peak, euro jumps as outlook brightens

Frankfurt's DAX 30 index soared to an all-time peak at 15,568.60 points, before trimming gains in early afternoon deals.

Published 25 May, 2021 05:58pm

Markets

Asian markets rally as inflation fears ease

Hong Kong jumped 1.8 percent, Shanghai climbed more than two percent, while Sydney put on one percent with Jakarta and Taipei up even more.

Published 25 May, 2021 04:47pm

Markets

South Africa's rand at 22-month high on soft dollar as inflation fears ease

At 0649 GMT, the rand traded at 13.8550 against the dollar, 0.54% firmer than its previous close.

Updated 25 May, 2021 12:00pm

Markets

Dollar drifts lower as Fed speakers soothe inflation fears

Ahead on Tuesday is a German business survey, a series of US housing updates and a handful of policymaker speeches in Europe, Britain and the United States, which will all be parsed for a reading on inflation.

Published 25 May, 2021 11:06am

Markets

Hong Kong stocks up at lunch

The Hang Seng Index rose 1.26 percent, or 358.39 points, to 28,770.65.

Published 25 May, 2021 09:35am

BR Research

Delayed adjustments come with a cost

The energy minister stamped the verdict the other day, what was becoming increasingly evident from the ...

Published 25 May, 2021 07:25am

Business & Finance

Dollar broadly down in Europe

LONDON: The dollar was pinned near three-month lows against a basket of major currencies on Monday, as bets on a...

Published 25 May, 2021 04:40am

Pakistan

Bilawal likens govt’s progress claims to rubbing salt into public’s wounds

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday rejected the federal government...

Published 23 May, 2021 03:06am

Business & Finance

Expert anticipates policy rate to remain unchanged in upcoming MPC

“We expect the central bank to keep policy rate unchanged at 7 percent in the upcoming monetary policy statement,” said Arif Habib Limited in a report.

Updated 22 May, 2021 03:41pm

Markets

Hong Kong stocks down at lunch

The Hang Seng Index dipped 0.21 percent, or 58.40 points, to 28,391.89.

Published 21 May, 2021 09:58am

BR Research

LSM: Double-digit calling

The Large-Scale Manufacturing (LSM) posted 9 percent cumulative growth for 9MFY21, continuing with the trend ...

Published 21 May, 2021 07:30am

Business & Finance

Saudi Arabia inflation rate up in April

DUBAI: Saudi Arabia’s inflation rate quickened to 5.3% in April from 4.9% the previous month, still reflecting an...

Published 21 May, 2021 05:04am

BR Research

Letting the Petroleum Levy go

Petroleum prices divide opinions. There is growing concern in the “expert” community that the government’s...

Published 20 May, 2021 07:30am

Markets

European stocks mark worst day in one week

AMSTERDAM/LONDON: European stocks posted their worst daily fall in one week on Wednesday, tracking weakness on Wall...

Published 20 May, 2021 04:26am

Business & Finance

Sterling down against dollar

LONDON: Sterling turned slightly lower against a recovering dollar and hit its lowest in more than a week against ...

Updated 20 May, 2021 09:21am

Markets

Oil prices drop $2 on COVID-19 rise in Asia, inflation fears

Prices fell even though U.S. data showed a smaller-than-expected build in crude inventories and a bigger-than-expected decline in gasoline stockpiles.

Published 19 May, 2021 10:09pm

Business & Finance

UK inflation hits highest level since start of pandemic

"Inflation rose in April, mainly due to prices rising this year compared with the falls seen at the start of the pandemic this time last year," said chief ONS economist.

Published 19 May, 2021 05:02pm

Markets

South Africa's rand flat ahead of expected inflation surge

It also risks turning off investors seeking high returns.

Published 19 May, 2021 12:31pm

Markets

UK inflation more than doubles to 1.5% in April

Core inflation, which excludes energy prices and other volatile items, rose by 1.3% in the 12 months to April, the Office for National Statistics said.

Published 19 May, 2021 11:27am

Markets

Gold climbs in Europe

AMSTERDAM/LONDON: Gold prices climbed to their highest in more than three months on Monday, driven by weaker US...

Published 18 May, 2021 05:05am

State of economy ‘All is well’, PM told

ISLAMABAD: The economic team has reportedly briefed Prime Minister Imran Khan about the overall economic situation ...

Published 18 May, 2021 05:05am

World

US retail sales flat, inflation fears on the rise

WASHINGTON: The US economic recovery showed signs of hitting some turbulence as shoppers curbed their spending last...

Updated 16 May, 2021 10:40am

Expect ‘choppiness’ in US economic recovery: White House

WASHINGTON: Expect "choppiness" in the US economic recovery as different sectors bounce back at varying speeds, but...

Published 16 May, 2021 04:26am

Pakistan

PPP demands rehabilitation of hospital

LAHORE: Parliamentary leader of Pakistan Peoples Party (PPP) in Punjab Assembly Syed Hassan Murtaza has demanded...

Published 13 May, 2021 03:10am

Markets

Gold slips in Europe

AMSTERDAM/LONDON: Gold prices fell in choppy trading on Wednesday after April’s jump in US consumer prices gave a...

Published 13 May, 2021 03:10am

Business & Finance

US consumer prices post largest gain in nearly 12 years

WASHINGTON: US consumer prices increased by the most in nearly 12 years in April as booming demand amid a reopening...

Published 13 May, 2021 03:10am

Markets

Asian markets suffer further as inflation data looms

Asian markets were broadly down for a second day. Tokyo extended Tuesday's more than three percent plunge, while Taipei's tech-rich bourse tumbled more than two percent.

Published 12 May, 2021 11:22am

Markets

Wall Street down

NEW YORK: Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth...

Published 12 May, 2021 04:23am

Markets

European stocks mark worst sell-off this year

AMSTERDAM/LONDON: European stocks tumbled from all-time highs on Tuesday, with the travel, retail and technology...

Published 12 May, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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