Trends - inflation - Business Recorder

inflation

UK sees record job creation but inflation squeezes wages

LONDON: British employers hired a record number of staff last month and labour shortages deepened, increasing the...

Published 18 Jan, 2022 05:25pm

Business & Finance

UK inflation nears 30-year high, but how fast will it fall back?

LONDON: British consumer price inflation looks set to hit a 30-year high of 6% or more in April, but the big ...

Published 17 Jan, 2022 06:03pm

Business & Finance

Turkey's inflation seen dropping to about 27% by end of 2022

ISTANBUL: Already rampant inflation in Turkey will rise further in the coming months before declining to around 27%...

Published 17 Jan, 2022 04:00pm

Pakistan

Qureshi terms rising inflation ‘temporary’ phenomenon

MULTAN: Foreign Minister Shah Mahmood Qureshi Sunday said that inflation was a temporary phenomenon and Pakistan...

Published 17 Jan, 2022 07:06am

Opinion

Hope glimmering through

2021 was tough. Virus became devious and devastating. Inflation sky-rocketed. Production was patchy. Unrest was...

Published 17 Jan, 2022 07:06am

Opinion

Inflation — a world phenomenon

Consumers around the globe are experiencing higher prices for commodities and services. The reasons for this may ...

Published 15 Jan, 2022 05:50am

Opinion

PARTLY FACETIOUS: Safdar’s pocket money linked to core inflation

“Nah nah nah, pooh pooh…” “I always suspected it but your comment shows that your brain is that of a...

Published 15 Jan, 2022 05:50am

Business & Finance

Record US inflation growing concern for Fed, business

WASHINGTON: The scourge of rising prices now ranks among American business leaders' top concerns, according to a...

Published 14 Jan, 2022 10:09am

BR Research

Yields outlook

As expected, the T-Bill cut-off rates are down marginally in the first auction of 2022. The decline in yields is due...

Published 14 Jan, 2022 08:03am

Pakistan

PML-Q seeks steps to control inflation

LAHORE: Expressing concern over soaring inflation, Pakistan Muslim League-Q leader and Speaker Punjab Assembly Ch...

Published 14 Jan, 2022 07:45am

Markets

China shares rise as cooler inflation opens door to policy easing

SHANGHAI: Chinese shares rose on Wednesday as slower-than-expected December producer inflation made room for more...

Published 13 Jan, 2022 07:17am

Markets

Wall St rises as in-line inflation data calms nerves

NEW YORK: U.S. stock indexes rose on Wednesday after consumer prices data that largely met expectations eased some...

Published 13 Jan, 2022 07:17am

Opinion

Art of the impossible

There’s something in the argument, even if it’s been disproved by most analysts and thinkers, that a weak ...

Published 13 Jan, 2022 07:17am

Business & Finance

US consumer prices rose 7% in 2021, fastest pace since June 1982: govt

WASHINGTON: US consumer prices in 2021 rose at the fastest pace in four decades, the government announced Wednesday,...

Published 12 Jan, 2022 07:20pm

Business & Finance

US inflation is apt to disappoint and dollar dip

Economists see US inflation at a 49-year high of 7.00%, four rate hikes are eyed next year and traders have bought a...

Published 12 Jan, 2022 02:03pm

Business & Finance

China inflation eases in December, providing opportunity for rate cuts

BEIJING: Inflation in China eased in December thanks to falling food and commodity costs, with analysts saying...

Published 12 Jan, 2022 09:29am

Markets

Tokyo stocks end lower following Wall Street

TOKYO: Tokyo stocks closed lower on Tuesday after Wall Street shares ended mostly down on worries over a possible...

Published 12 Jan, 2022 04:25am

Proposed Finance Bill: There will be ‘some’ inflation: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin did not rule out inflationary impact of the measures being taken under the...

Updated 11 Jan, 2022 09:33am

Markets

Stocks mostly fall after US hiring disappoints

NEW YORK: Stocks mostly fell Friday on both sides of the Atlantic after data showed that the US economy added far...

Published 10 Jan, 2022 07:02am

Markets

ECB may need to act if energy price rises more persistent

FRANKFURT: Rising energy prices may force the European Central Bank to stop “looking through” high inflation and...

Published 09 Jan, 2022 07:05am

Rs343bn levy ‘negotiated’: FPCCI questions IMF’s conditionality

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Friday said that there exists...

Updated 08 Jan, 2022 09:39am

Markets

Kazakhstan reminds world leaders of costly fuel subsidy

LONDON: A deadly uprising in Kazakhstan triggered by a fuel price hike is a powerful reminder of the struggle...

Published 08 Jan, 2022 03:59am

Business & Finance

PM Imran terms PTI govt tenure 'an economic success story'

Says Pakistan's GDP is set to grow at over 4%, which is a huge achievement given the state economy was in during 2018

Updated 07 Jan, 2022 04:38pm

Business & Finance

Japan's Dec wholesale inflation seen staying near record high

TOKYO: Japan's wholesale inflation in December is expected to remain near a recent peak as companies hike prices to...

Published 07 Jan, 2022 11:22am

Opinion

Investors brace for quantitative tightening as Fed sends hawkish message

Another barometer of Federal Reserve hawkishness is making a bigger appearance on investors’ dashboards:...

Published 07 Jan, 2022 06:22am

Business & Finance

Dollar edges up as boost from Fed minutes slows

NEW YORK: The U.S. dollar edged up on Thursday after a sharp move in the prior session cutting declines following ...

Published 07 Jan, 2022 06:22am

Hawkish Fed sees rate hikes ‘sooner’ as inflation spikes

WASHINGTON: A “very tight” job market and unabated inflation might require the Federal Reserve to raise interest...

Published 07 Jan, 2022 04:36am

Business & Finance

German inflation hits 5.3% in December, highest since 1992

FRANKFURT: Consumer prices in Germany rose in December at their fastest pace since June 1992, official data showed ...

Published 06 Jan, 2022 07:02pm

BR Research

Wholesale prices to keep CPI high

It was only a matter of time before the wholesale prices started to reflect at the retail level. The National CPI...

Published 06 Jan, 2022 07:47am

Passage of money bill: Senate panel concerned at ‘after-effects’

ISLAMABAD: The Senate Standing Committee on Finance Wednesday expressed serious concerns over reports that the...

Updated 06 Jan, 2022 09:32am

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Oct 4 Security Investment Bank Limited(SIBL)	4.50 ▲ 0.79 (21.29%)
F.Credit & Inv / Oct 4 First Credit and Investment Bank Limited(FCIBL)	5.75 ▲ 1.00 (21.05%)
Premier Insurance / Oct 4 Premier Insurance Limited(PINL)	7.11 ▲ 1.00 (16.37%)
Punjab Mod / Oct 4 First Punjab Modaraba(FPJM)	1.59 ▲ 0.19 (13.57%)
Jubilee Spinning / Oct 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.55 ▲ 0.54 (13.47%)
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	1.40 ▲ 0.15 (12.00%)
Hala Enterprise / Oct 4 Hala Enterprises Limited(HAEL)	9.99 ▲ 1.00 (11.12%)
Tariq Corp.Pref. / Oct 4 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.34 ▲ 1.00 (10.71%)
Tri-Star Mutual / Oct 4 Tri-Star Mutual Fund Limited(TSMF)	4.95 ▲ 0.46 (10.24%)
Saif Textile / Oct 4 Saif Textile Mills Limited(SAIF)	9.01 ▲ 0.76 (9.21%)

Stock	Price
D.S. Ind. Ltd. / Oct 4 D.S. Industries Limited(DSIL)	2 ▼ -0.20 (-9.09%)
Aisha Steel(ConPS) / Oct 4 Aisha Steel(ConPS)(ASLPS)	7.50 ▼ -0.67 (-8.20%)
Al-Shaheer Corp / Oct 4 Al Shaheer Corporation Limited(ASC)	9.47 ▼ -0.78 (-7.61%)
Sunrays Textile / Oct 4 Sunrays Textile Mills Limited(SUTM)	92.50 ▼ -7.50 (-7.50%)
Baba Farid Sugar / Oct 4 Baba Farid Sugar Mills Limited(BAFS)	26.82 ▼ -2.17 (-7.49%)
Hussain Industries / Oct 4 Husein Industries Limited(HUSI)	14.25 ▼ -1.15 (-7.47%)
S.S.Oil / Oct 4 S.S.Oil Mills Limited(SSOM)	77.75 ▼ -6.25 (-7.44%)
Idrees Tex. / Oct 4 Idrees Textile Mills Limited(IDRT)	14 ▼ -1.00 (-6.67%)
Leather Up Ltd. / Oct 4 Leather Up Limited(LEUL)	10.02 ▼ -0.69 (-6.44%)
Habib Rice Products / Oct 4 Habib Rice Product Limited(HRPL)	37.11 ▼ -2.39 (-6.05%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	150,424,567 ▲ 0.15
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▼ -0.02
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	12,964,688 ▲ 0.33
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	11,151,938 ▼ -0.66
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▼ -0.50
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▼ -0.50
Habib Bank / Oct 4 Habib Bank Limited(HBL)	6,414,290 ▲ 5.38
P.I.A.C.(A) / Oct 4 Pakistan International Airlines Corp(PIAA)	6,392,500 ▲ 0.01
Maple Leaf Cement / Oct 4 Maple Leaf Cement Factory Limited(MLCF)	6,294,646 ▲ 0.47
Air Link Com. / Oct 4 Air Link Communication Limited(AIRLINK)	6,076,059 ▲ 1.77

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	284.85
USD PKR Interbank Buying / Oct 4	284.65
USD to Japanese Yen / Oct 4	148.93
USD to Swiss Franc / Oct 4	0.92
Pound Sterling to USD / Oct 4	1.21
Euro to USD / Oct 4	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Nasdaq / Oct 3	13059.47
Dow Jones / Oct 3	33002.38
Tokyo Nikkei / Oct 4	30526.88
Hang Seng / Oct 4	17177.48
FTSE 100 / Oct 4	7475.08
Germany DAX 30 / Oct 4	15028.34
France CAC40 / Oct 4	6985.57

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Crude Oil USD/Barrel / Oct 4	88.50
Gold Spot USD/Ounce / Oct 4	1822.59
Cotton US¢/pound / Oct 4	87.47

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