Trends - inflation - Business Recorder

inflation

Gold slips in European trade

LONDON: Gold slipped more than 1% on Friday, weighed down by a jump in US Treasury yields and a rebound in the...

Published 10 Apr, 2021 04:34am

Business & Finance

Early trade in New York: Dollar edges higher

NEW YORK: The dollar rose against a basket of currencies on Friday, paring some of the week’s losses, as a...

Published 10 Apr, 2021 04:34am

Markets

India's retail inflation likely rose in March but stayed within target

Infrastructure output, which accounts for about 40% of total industrial production and comprises eight sectors, contracted 4.6% in February.

Published 09 Apr, 2021 11:33am

Business & Finance

China factory gate prices rise by most in nearly 3 years as economic recovery quickens

It is the latest indicator to point to robust economic growth in the January-March quarter, after recent data showed Chinese manufacturing activity was strong last month.

Published 09 Apr, 2021 09:28am

BR Research

Cement: Primed to shine

Despite high domestic inflation, supply disruptions due to covid and the recurrence of the virus itself—which has...

Published 09 Apr, 2021 07:35am

Opinion

Investments get ‘real’ as inflation fears dim appeal of bonds

Electric vehicle infrastructure, top-end offices and industrial metals - with a resurgence in inflation seemingly on...

Published 09 Apr, 2021 04:51am

Fund projects 8.7pc average CPI inflation

ISLAMABAD: The International Monetary Fund (IMF) has projected average Consumer Price Index (CPI) inflation at 8.7...

Updated 09 Apr, 2021 09:25am

Markets

Mexico central bank says pause in interest rate cuts doesn't mean easing cycle over

Mexico's economy contracted by 8.5pc in 2020, its deepest dive in almost 90 years, due to the ravages of the COVID-19 pandemic.

Updated 09 Apr, 2021 12:08am

Pakistan

PTI govt making all-out efforts to control inflation: Shibli

Shibli Faraz said the Pakistan Democratic Movement (PDM) had tried to create hurdles in the way of the government, which was taking many initiatives for public relief and welfare.

Updated 09 Apr, 2021 12:07am

Pakistan

PTI Govt to complete its constitutional term: Ali Nawaz

He said the government was introducing institutional reforms to streamline the system to yield desirous results.

Updated 09 Apr, 2021 12:07am

BR Research

FM: Tough decisions come calling

It is not an easy time to be the Finance Minister (FM) of Pakistan. The PTI government has fired two in less than...

Published 07 Apr, 2021 07:25am

Markets

Turkish lira hurt by high inflation; other currencies gain

Turkish central bank uncertainty continues to weigh.
EM FX index hits two-week high, stocks gain.
EM inflows at near one-year low.

Published 06 Apr, 2021 08:00pm

BR Research

Asked and (un)answered

Over the weekend, in a live telephonic conversation with the public, the Prime Minister received a call from a woman...

Published 06 Apr, 2021 07:40am

BR Research

Power quarterly adjustment around the corner

The Pakistan Bureau of Statistics (PBS) came up with the inflation numbers for March 2021 last week, which showed...

Published 06 Apr, 2021 07:25am

Pakistan

‘Selected’ govt’s inflation hurting the poor: Marri

ISLAMABAD: Central Information Secretary Pakistan Peoples Party Parliamentarian and MNA Shazia Atta Marri, Monday,...

Published 06 Apr, 2021 04:23am

Pakistan

Economist warns of hunger, inflation due to Covid-19

KARACHI: The third wave of Covid-19 pandemic will be unprecedented global emergency – millions are expected to ...

Published 06 Apr, 2021 04:23am

Opinion

Outlook for inflation

The rate of inflation has risen sharply in the last two months. It had come down to 5.7 percent in January 2021....

Published 06 Apr, 2021 04:23am

Business & Finance

Early trade in New York: Dollar dips to one-week lows

NEW YORK: The dollar dipped to one-week lows against a basket of currencies on Monday as stocks hit record highs, ...

Published 06 Apr, 2021 04:23am

Business & Finance

Mexico annual inflation seen at 4.66pc in March, above target range

The Bank of Mexico, or Banxico, targets an inflation rate of 3pc with a one percentage point tolerance threshold above and below that level.

Published 06 Apr, 2021 01:20am

Markets

Gold prices slip as strong U.S. jobs data boosts dollar, yields

Spot gold was down 0.1pc to $1,726.36 per ounce by 0733 GMT. Gold futures were flat at $11,762.40 per ounce.

Published 05 Apr, 2021 01:05pm

BR Research

Inflationary pressures – staying put?

Having hit a low of 5.7 percent in Jan 2021, headline inflation is expectedly up – 9.1 percent in Mar 2021. The...

Published 05 Apr, 2021 07:25am

Pakistan

Carelessness in taking COVID precautions could lead to dire results, warns PM

Imran urges people to wear masks and follow SOPs
Govt is making efforts to control inflation and bring down prices of vegetables, says premier

Updated 04 Apr, 2021 01:27pm

Business & Finance

Early trade in New York: Dollar on track for third weekly gain

NEW YORK: The dollar rose on Friday in thin trading, on pace for its third weekly gain, after data showed the...

Published 03 Apr, 2021 03:41am

BR Research

Petrol prices: Relief mode on?

Inflation concerns in Islamabad are getting more and more obvious by the day. Petroleum prices were reduced for the...

Published 02 Apr, 2021 07:30am

Opinion

In defence of Dr Hafeez Sheikh — II

But how ironic it is that Asad Umar who lost finance portfolio for opposing the IMF programme or its harsh...

Published 02 Apr, 2021 04:58am

Markets

Gold surges in Europe

ROTTERDAM/LONDON: Gold rose over 1% on Thursday on a retreat in the dollar and US bond yields, while grim jobless...

Published 02 Apr, 2021 04:58am

Business & Finance

March CPI increases 9.1pc YoY

ISLAMABAD: The Consumer Price Index (CPI) has recorded an increase by 9.1 percent on year-on-year basis in March ...

Published 02 Apr, 2021 04:58am

BR Research

Are daily wage earners worse off today?

The ouster of Hafeez Shaikh was unofficially blamed at his failure to tame inflation. Not sure if he had much to do...

Published 01 Apr, 2021 07:30am

Opinion

Proposed SBP law under the spotlight

To some commentators, the proposed reinforcement of State Bank of Pakistan (SBP) powers appears to be appropriate; ...

Published 01 Apr, 2021 04:10am

Markets

Yields dip at quarter-end, ahead of infrastructure plan

Demand was evident at the long end of the curve with the 10-year yield last down 1.4 basis points at 1.710% after rising to a 14-month high on Tuesday.

Published 01 Apr, 2021 12:01am

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Jun 27 Premier Insurance Limited(PINL)	4.34 ▲ 0.59 (15.73%)
Nazir Cotton Mills / Jun 27 Nazir Cotton Mills Limited(NCML)	5.59 ▲ 0.57 (11.35%)
Pak Gen.Ins. / Jun 27 The Pakistan General Insurance Co. Ltd.(PKGI)	9.98 ▲ 1.00 (11.14%)
K-Electric Ltd. / Jun 27 K-Electric Limited(KEL)	3.12 ▲ 0.26 (9.09%)
P.I.A.C.(A) / Jun 27 Pakistan International Airlines Corp(PIAA)	3.63 ▲ 0.29 (8.68%)
Sec. Inv. Bank / Jun 27 Security Investment Bank Limited(SIBL)	5.95 ▲ 0.45 (8.18%)
Bankislami Pak. / Jun 27 BankIslami Pakistan Limited(BIPL)	11.73 ▲ 0.86 (7.91%)
786 Invest Ltd / Jun 27 786 Investments Limited(786)	5.38 ▲ 0.39 (7.82%)
Leather Up Ltd. / Jun 27 Leather Up Limited(LEUL)	13.35 ▲ 0.95 (7.66%)
JS Bank Ltd / Jun 27 JS Bank Limited(JSBL)	4.00 ▲ 0.28 (7.53%)

Stock	Price
Oilboy Engergy (R) / Jun 27 Oilboy Engergy Limited (R)(OBOYR1)	0.65 ▲ -0.52 (-44.44%)
Jubilee Spinning / Jun 27 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	3.20 ▲ -0.85 (-20.99%)
Kohinoor Power / Jun 27 Kohinoor Power Company Limited(KOHP)	3.41 ▲ -0.52 (-13.23%)
Power Cem(Pref) / Jun 27 Power Cement (Pref)(POWERPS)	6.51 ▲ -0.99 (-13.20%)
Sitara Energy / Jun 27 Sitara Energy Limited(SEL)	9.10 ▲ -1.00 (-9.90%)
Elite Cap.Mod / Jun 27 First Elite Capital Modaraba(FECM)	3.17 ▲ -0.33 (-9.43%)
First IBL Mod. / Jun 27 First IBL Modaraba(FIBLM)	4.10 ▲ -0.40 (-8.89%)
Tri-Star Power / Jun 27 Tri-Star Power Limited(TSPL)	3.45 ▲ -0.33 (-8.73%)
Quetta Textile / Jun 27 Quetta Textile Mills Limited(QUET)	7.39 ▲ -0.61 (-7.63%)
Metro Steel / Jun 27 Metropolitan Steel Corporation Limited(MSCL)	23.11 ▲ -1.87 (-7.49%)

Stock	Volume
K-Electric Ltd. / Jun 27 K-Electric Limited(KEL)	29,612,000 ▼ 0.00
Treet Corp / Jun 27 Treet Corporation Limited(TREET)	19,925,500 ▼ 0.00
Pak Refinery / Jun 27 Pakistan Refinery Limited(PRL)	11,634,090 ▼ 0.00
TPL Properties / Jun 27 TPL Properties Limited(TPLP)	11,504,099 ▼ 0.00
Cnergyico PK / Jun 27 Cnergyico PK Limited(CNERGY)	11,010,799 ▼ 0.00
WorldCall Telecom / Jun 27 Worldcall Telecom Limited(WTL)	8,949,000 ▼ 0.00
Maple Leaf / Jun 27 Maple Leaf Cement Factory Limited(MLCF)	7,027,769 ▼ 0.00
Telecard Limited / Jun 27 Telecard Limited(TELE)	6,298,000 ▼ 0.00
Oilboy Engergy (R) / Jun 27 Oilboy Engergy Limited (R)(OBOYR1)	6,064,000 ▼ 0.00
Unity Foods Ltd / Jun 27 Unity Foods Limited(UNITY)	5,746,295 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 24	207.70
USD PKR Interbank Buying / Jun 24	207.50
USD to Japanese Yen / Jun 24	135.23
USD to Swiss Franc / Jun 24	0.96
Pound Sterling to USD / Jun 24	1.23
Euro to USD / Jun 24	1.06
UK LIBOR % / Jun 24	1.57

Stock	Volume
S&P 500 / Jun 24	3911.74
India Sensex / Jun 24	52727.98
Tokyo Nikkei / Jun 24	26491.97
Nasdaq / Jun 24	11607.62
Hang Seng / Jun 24	21719.06
FTSE 100 / Jun 24	7208.81
Dow Jones / Jun 24	31500.68
Germany DAX 30 / Jun 24	13118.13
France CAC40 / Jun 24	6073.35

Item	Value
Crude Oil USD/Barrel / Jun 24	107.62
Karachi Cotton PKR/37.32 KG / Jun 24	21180.00
Gold 10 Grams PKR / Jun 24	122300.00
Gold Spot USD/Ounce / Jun 24	1826.88
Cotton US¢/pound / Jun 24	98.05

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