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inflation

UK inflation rate rises to 4% in December

LONDON: Britain’s annual rate of consumer price inflation rose for the first time in 10 months in December,...

Published 17 Jan, 2024 12:27pm

Business & Finance

US Fed ‘within striking distance’ of inflation target: official

WASHINGTON: The US Federal Reserve is “within striking distance” of reaching its long-term inflation target, and...

Published 16 Jan, 2024 09:14pm

Opinion

Claims of economic improvement

The narrative of the stakeholders today is that there has been a noticeable uptick in various macroeconomic...

Published 15 Jan, 2024 05:03am

Opinion

A low growth trap: assessing challenges

Over the past two years, the Pakistani economy has weathered a highly turbulent period. Inflation reached...

Published 15 Jan, 2024 05:03am

Business & Finance

December: Russian inflation unexpectedly slows

MOSCOW: Russia’s annual rate of inflation unexpectedly slowed in December after ticking up continuously for seven...

Published 15 Jan, 2024 05:03am

Business & Finance

Asian currencies subdued after US CPI data

BENGALURU: Asian emerging markets currencies were tentative on Friday as higher-than-expected inflation in the ...

Published 15 Jan, 2024 05:03am

Opinion

An anatomy of economic clichés/mantras of 2023—II

It would not be out of place to state that a smaller group of economists in the community in these forums also...

Published 14 Jan, 2024 03:13am

Business & Finance

Weekly market inflation: Prices of essential kitchen items increase further

ISLAMABAD: The prices of essential kitchen items have witnessed a further increase during this week past against the...

Published 14 Jan, 2024 03:13am

Business & Finance

SPI inflation rises 1.36 WoW

ISLAMABAD: The weekly inflation Sensitive Price Indicator (SPI) for the current week ended on January 11, 2024...

Published 13 Jan, 2024 05:38am

Business & Finance

Spain’s 12-month inflation falls to 3.1% in December

Spanish national consumer prices rose 3.1% in the 12 months through December, down from a 3.2% increase in the...

Published 12 Jan, 2024 03:20pm

Business & Finance

Hungary’s December CPI slows down to 5.5% y/y, below forecast

Hungarian headline inflation slowed to an annual +5.5% in December from +7.9% in November, below analysts’...

Published 12 Jan, 2024 12:34pm

Opinion

2024—Business winds and waves

Goodbye 2023. A year that was tentative, testing and turbulent. The world became more uncertain and businesses more...

Published 11 Jan, 2024 06:15am

Opinion

PARTLY FACETIOUS: The number of misses is rising exponentially

“Eggs have become very expensive.” “Everything has, the Sensitive Price Index is over 42 percent and the...

Published 10 Jan, 2024 05:22am

BR Research

PKR to appreciate?

The currency market has been moving smoothly for the past month because the PKR is stable in both the interbank and...

Updated 09 Jan, 2024 11:33am

BR Research

Cement: Not enough!

Sluggish domestic construction would suggest very little cement is sold in the market. Numbers indicate such an...

Published 08 Jan, 2024 07:42am

Business & Finance

At 4.1%, French inflation rises as expected in December

PARIS: French December consumer prices rose in line with expectations, preliminary data from the national statistics...

Published 04 Jan, 2024 01:30pm

BR Research

CY23: disaster, stability, and hope

After all that’s said or done, the fact of the matter is that the bleeding has stopped under the caretaker setup....

Updated 04 Jan, 2024 12:07pm

BR Research

Startup ecosystem 2023

The year 2021 was a defining moment for tech firms, with significant global expansion. The trend continued through...

Published 03 Jan, 2024 09:01am

Opinion

Outlook 2024 – II

Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present...

Updated 03 Jan, 2024 05:59am

Editorials

Inflation is rightly regarded as costly

EDITORIAL: Pakistan Bureau of Statistics (PBS) released the following data for the last month of 2023: (i) consumer...

Updated 03 Jan, 2024 02:48pm

BR Research

Inflation: Throwing gas on fire

Inflation is not coming down. The headline number stood at 29.7 percent in December 2023 – slightly higher than...

Updated 02 Jan, 2024 11:39am

Dec CPI inflation jumps 29.7pc YoY

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 29.7 percent on a year-on-year basis in...

Updated 02 Jan, 2024 09:54am

Markets

US Treasuries: Ten-year yields end 2023 slightly higher

NEW YORK: Benchmark US 10-year Treasury yields ended 2023 higher year-over-year as investors digested weak economic...

Published 02 Jan, 2024 05:21am

Markets

Pakistan’s headline inflation reading clocks in at 29.7% in December

Reading is marginally higher than official estimates that put CPI reading in range of 27.5-28.5%

Updated 01 Jan, 2024 07:51pm

Business & Finance

BMP underscores need for revisiting economic policies

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has stressed the...

Updated 01 Jan, 2024 06:51am

Markets

Oil prices set to end year 10pc lower

LONDON: Oil prices are set to end 2023 about 10 percent lower after two years of gains as geopolitical concerns,...

Published 30 Dec, 2023 06:28am

SBP terms FY23 ‘extraordinarily challenging’

KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,...

Updated 30 Dec, 2023 08:16pm

‘Insecurity’ persists: Q3 business expectations rise 42pc against Q2: Gallup

KARACHI: Largely negative about their ongoing prospects, the country’s business owners have started gaining...

Updated 30 Dec, 2023 04:19pm

Business & Finance

Higher markup payments challenge persists: MoF

ISLAMABAD: The challenge of higher markup payments persists, so stated the Finance Ministry while emphasizing both...

Published 28 Dec, 2023 04:52am

Business & Finance

Singapore Nov core inflation slows to 3.2% y/y

SINGAPORE: Singapore’s key consumer price gauge slowed to 3.2% in November on the year, in line with expectations,...

Published 26 Dec, 2023 12:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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