Trends - inflation - Business Recorder

inflation

Hike in POL products' prices: Govt irked by growing criticism

ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhary has said that economic difficulties are...

Updated 18 Oct, 2021 11:30am

No fear of inflation 'runaway train': IMF chief

WASHINGTON: Global finance officials are worried about rising inflation pressures but there it is little fear that ...

Updated 18 Oct, 2021 11:51am

Pakistan

PPP will form next government, says Bilawal

Says he will increase salaries and pensions on day one in the office of the prime minister

Updated 17 Oct, 2021 09:37pm

Pakistan

Shehbaz claims talks with IMF failed, demands reversal of power, petrol rate hike

Pakistan Muslim League–Nawaz (PML-N) President and Opposition Leader in National Assembly Shehbaz Sharif claimed ...

Updated 17 Oct, 2021 07:55pm

Pakistan

PM Imran will complete five-year term in office: Sheikh Rashid

Interior minister says taking names of the heads of the establishment is Maryam's immaturity

Updated 17 Oct, 2021 07:18pm

Markets

China central bank governor says inflation moderate overall

BEIJING: China's inflation is moderate overall, said Yi Gang, governor of the People's Bank of China, according to a...

Published 14 Oct, 2021 11:22am

World

G20 finance chiefs back tax deal, pledge to sustain recovery, watch inflation

WASHINGTON: Finance leaders from the G20 major economies on Wednesday endorsed a global deal to revamp corporate...

Published 14 Oct, 2021 04:14am

Business & Finance

Dollar trades near one-year high after inflation data

NEW YORK/LONDON: The dollar held near a one-year high on Wednesday after U.S. inflation data showed prices rose...

Published 14 Oct, 2021 04:14am

Markets

Two-year yields hit 18-month high as energy costs stoke inflation worries

SINGAPORE: Two-year Treasury yields leapt to a more than 18-month high on Tuesday as investors sold US debt,...

Published 12 Oct, 2021 11:38am

Markets

South Korea central bank holds rates, flags a hike in November

SEOUL: South Korea's central bank kept interest rates steady on Tuesday, taking a breather after its first rate hike...

Published 12 Oct, 2021 11:29am

Business & Finance

Romanian inflation rises above expectations to 6.29% y/y in Sept

BUCHAREST: Romania's consumer price inflation exceeded expectations and rose to 6.29% on the year in September from...

Published 12 Oct, 2021 11:07am

BR Research

CPI faces WPI threat

There may be legitimate worries on current account, fiscal account, exchange rates, structural reforms and all that,...

Published 12 Oct, 2021 07:25am

Editorials

Food inflation

EDITORIAL: Special Assistant to the Prime Minister (SAPM) on National Food Security, Jamshed Cheema, warned during a...

Published 12 Oct, 2021 04:44am

Business & Finance

Consumer goods companies walk a tightrope as inflation surges

CALIFORNIA: Big global brands Pepsi and Levi Strauss told investors this week they offset inflation with price...

Published 11 Oct, 2021 04:32am

Business & Finance

Egyptian consumer price inflation rises to 6.6% in Sept

DUBAI: Egypt's annual urban consumer price inflation increased to 6.6% in September from 5.7% in August, data from...

Published 10 Oct, 2021 02:26pm

Business & Finance

PBIF chief concerned at rising inflation

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

Published 10 Oct, 2021 04:26am

Business & Finance

India inflation likely fell to five-month low in September

BENGALURU: India's retail inflation probably eased again in September, falling to a five-month low, thanks to a...

Published 08 Oct, 2021 11:12am

Business & Finance

Japan wholesale inflation likely hit 13-year high in Sept on rising commodity costs

TOKYO: Japan's wholesale prices likely hit a 13-year high in September, buoyed by lofty commodity prices, while...

Published 08 Oct, 2021 11:02am

Inequality, inflation hurting pandemic recovery: IMF

WASHINGTON: The global economic bounceback from the Covid-19 crisis will downshift this year as countries struggle...

Published 06 Oct, 2021 03:34am

Business & Finance

Inequality, inflation hurting pandemic recovery: IMF

WASHINGTON: The global economic bounceback from the Covid-19 crisis will downshift this year as countries struggle...

Published 05 Oct, 2021 06:00pm

Markets

Wall Street slammed by rotation out of Big Tech

NEW YORK: Wall Street's main indexes tumbled on Monday as investors shifted out of technology stocks in the face of...

Published 05 Oct, 2021 04:34am

Business & Finance

Kamyab Pakistan Programme launch: PM says govt taking measures to curb inflation

Initiative envisions disbursement of loans amounting to Rs1.4 trillion among 3.7 million families across country

Updated 04 Oct, 2021 07:41pm

BR Research

A lesson in chana

It is often commented that the inflationary impact of increase in input costs of food commodities is irreversible....

Published 04 Oct, 2021 07:40am

Opinion

Govt's inflation narrative

Prime Minister Imran Khan acknowledged yet again on 30 September 2021 that inflation is an issue but laid the blame...

Published 04 Oct, 2021 05:56am

Business & Finance

PBC analyses PBS import data, makes careful observations

ISLAMABAD: The Pakistan Business Council (PBC) has said that measures like tariffs and LC margin calls will raise ...

Updated 02 Oct, 2021 12:15pm

Opinion

MPS: three observations

On 20 September 2021 Monetary Policy Committee (MPC) announced its decision to raise the discount rate by 25 basis...

Published 27 Sep, 2021 05:51am

Pakistan

'Govt has left no stone unturned' to control media: Marri

ISLAMABAD: Central Information Secretary Pakistan Peoples Party Parliamentarians(PPP-P) and the member of the...

Published 26 Sep, 2021 03:23am

BoE sees growing case for rate rise as inflation to stay higher

LONDON: The Bank of England said the case for higher interest rates “appeared to have strengthened” on Thursday...

Updated 24 Sep, 2021 09:39am

Business & Finance

Singapore August core inflation up 1.1%, highest in two years

SINGAPORE: Singapore's key price gauge rose by the fastest pace in more than two years in August, mainly driven by...

Published 23 Sep, 2021 10:27am

Business & Finance

ADB says Pakistan's economy to grow at 4% in FY22

Forecast is lower than what the government is targeting

Updated 22 Sep, 2021 10:29pm

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / Jun 6 HBL Investment Fund(HIFA)	1.60 ▲ 0.20 (14.29%)
Reliance Ins. / Jun 6 Reliance Insurance Company Limited(RICL)	8.27 ▲ 1.00 (13.76%)
Pak Gulf Leasing / Jun 6 Pak-Gulf Leasing Company Limited(PGLC)	7.39 ▲ 0.89 (13.69%)
HBL Growth Fund / Jun 6 HBL Growth Fund(HGFA)	4.15 ▲ 0.40 (10.67%)
Bilal Fibres / Jun 6 Bilal Fibres Limited(BILF)	2.44 ▲ 0.20 (8.93%)
Ist.Capital Sec / Jun 6 First Capital Securities Corporation(FCSC)	1 ▲ 0.08 (8.70%)
Dandot Cement / Jun 6 Dandot Cement Company Limited(DNCC)	9.39 ▲ 0.75 (8.68%)
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	3.73 ▲ 0.27 (7.80%)
Ahmad Hassan / Jun 6 Ahmad Hassan Textile Mills Limited(AHTM)	51.60 ▲ 3.60 (7.50%)
Ghani Value Glas / Jun 6 Ghani Value Glass Limited(GVGL)	65.39 ▲ 4.56 (7.50%)

Stock	Price
Sec. Inv. Bank / Jun 6 Security Investment Bank Limited(SIBL)	3.05 ▼ -0.94 (-23.56%)
Tri-Star Mutual / Jun 6 Tri-Star Mutual Fund Limited(TSMF)	3 ▼ -0.60 (-16.67%)
SME Leasing Ltd / Jun 6 SME Leasing Limited(SLL)	1.73 ▼ -0.26 (-13.07%)
Bank of Khyber / Jun 6 The Bank of Khyber(BOK)	11.75 ▼ -1.00 (-7.84%)
Ellcot Spinning / Jun 6 Ellcot Spinning Mills Limited(ELSM)	105.43 ▼ -8.55 (-7.50%)
Crescent Cotton / Jun 6 Crescent Cotton Mills Limited(CCM)	32.38 ▼ -2.62 (-7.49%)
Reliance Weaving / Jun 6 Reliance Weaving Mills Limited(REWM)	84.18 ▼ -6.82 (-7.49%)
Ashfaq Textile / Jun 6 Ashfaq Textile Mills Limited(ASHT)	7.06 ▼ -0.55 (-7.23%)
Pakistan Cables / Jun 6 Pakistan Cables Limited(PCAL)	92.82 ▼ -7.12 (-7.12%)
Gillette Pak / Jun 6 Gillette Pakistan Limited(GLPL)	110 ▼ -7.90 (-6.70%)

Stock	Volume
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	24,434,530 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	20,516,561 ▲ 0.81
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	15,490,079 ▲ 0.16
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	10,780,480 ▼ -0.50
Pak Elektron / Jun 6 Pak Elektron Limited(PAEL)	9,829,910 ▲ 0.43
Sui North Gas / Jun 6 Sui Northern Gas Pipelines Limited(SNGP)	9,750,118 ▼ -0.70
Oil & Gas Dev. / Jun 6 Oil & Gas Development Company Limited(OGDC)	8,971,203 ▼ -0.25
Mod. Al-Mali (R) / Jun 6 Modaraba Al-Mali R(MODAMR1)	7,359,500 ▲ 0.00
Maple Leaf Cement / Jun 6 Maple Leaf Cement Factory Limited(MLCF)	7,232,895 ▲ 0.01
P.S.O. / Jun 6 Pakistan State Oil Company Limited(PSO)	6,844,695 ▲ 5.72

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	286.57
USD PKR Interbank Buying / Jun 6	286.37
USD to Japanese Yen / Jun 6	139.49
USD to Swiss Franc / Jun 6	0.90
Pound Sterling to USD / Jun 6	1.24
Euro to USD / Jun 6	1.07
UK LIBOR % / Jun 5	5.07

Stock	Volume
S&P 500 / Jun 5	4273.79
Nasdaq / Jun 5	13229.43
Dow Jones / Jun 5	33562.86
India Sensex / Jun 6	62638.57
Tokyo Nikkei / Jun 6	32470.90
Hang Seng / Jun 6	19189.58
FTSE 100 / Jun 6	7591.19
Germany DAX 30 / Jun 6	15958.06
France CAC40 / Jun 6	7199.34

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	20235
Gold 10 Grams PKR / Jun 5	197531
Crude Oil USD/Barrel / Jun 6	71.71
Gold Spot USD/Ounce / Jun 6	1958.23
Cotton US¢/pound / Jun 6	81.97

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