Trends - inflation - Business Recorder

inflation

Emerging markets vulnerable to a taper tantrum-style shock: SBP governor

In interview with Financial Times, Dr Reza Baqir says advanced economies need to act sooner to manage rising global inflation

Published 23 Nov, 2021 04:44pm

Business & Finance

Singapore Oct core inflation up 1.5%, biggest jump in nearly 3 years

SINGAPORE: Singapore's key price gauge rose by the fastest pace in nearly three years in October, mainly driven by...

Published 23 Nov, 2021 10:36am

Civil-military relations ‘There’s no need to be worried’: PM

ISLAMABAD: Prime Minister Imran Khan on Monday reiterated that there is no need to be worried about civil-military...

Published 23 Nov, 2021 03:54am

Business & Finance

Walmart confident on inventories

NEW YORK: Walmart expects higher annual profits and expressed confidence on Tuesday that the chain will have...

Published 22 Nov, 2021 05:31am

Opinion

The MPS surprise

State Bank of Pakistan (SBP) has made a surprise and aggressive move by increasing the policy rate by 150bps (basis...

Published 21 Nov, 2021 04:19am

Pakistan

Unexpected level of current account deficit, inflation led to hike in policy rate: Dr Reza Baqir

SBP governor says Friday's MPC announcement will help address concerns over the economy

Updated 20 Nov, 2021 08:48pm

Business & Finance

Monetary policy: Experts say rate hike higher than expected

Market expected interest-rate increase of up to 100 basis points

Updated 19 Nov, 2021 09:20pm

Markets

Monetary policy: SBP raises key interest rate by 150 basis points, takes it to 8.75%

Also announces revised schedule of upcoming MPC meetings
Next announcement to be made on December 14, says central bank

Updated 19 Nov, 2021 07:41pm

Business & Finance

Dollar dips from 16-month peak

NEW YORK: The dollar edged back from a 16-month high on Thursday as traders assessed whether the US currency’s...

Published 19 Nov, 2021 04:35am

World

Canada inflation hits 18-year high

OTTAWA: Canadians paid 4.7 percent more for goods and services in October from a year earlier, as inflation led by a...

Published 18 Nov, 2021 12:29am

Inflation, price hike: PM makes promise: ‘This bad phase will be over soon’

Says government will announce a big package to give relief to the common man

Updated 17 Nov, 2021 09:46am

Pakistan

'High inflation: no room for excuses': MoF clarification

In response to the news item titled "High inflation: no room for excuses", published in Business Recorder, it is...

Published 16 Nov, 2021 04:26am

Business & Finance

Dollar eases from 16-month high as investors await fresh data

NEW YORK: The dollar eased against its major peers on Monday, but remained near its 16-month high hit last week on...

Published 16 Nov, 2021 04:26am

Markets

Gold edges lower in Europe

LONDON: Gold prices eased on Monday, as investors assessed the Federal Reserve’s possible response to high...

Published 16 Nov, 2021 04:26am

Business & Finance

India's Oct WPI inflation accelerates to 5-month high as firms face rising costs

NEW DELHI: India's annual wholesale price-based inflation, a proxy of producers' prices, accelerated in October to ...

Updated 15 Nov, 2021 01:19pm

Markets

Short-dated German yields slump despite market rate hike bets

FRANKFURT: Short-dated German bond yields fell sharply on Friday even as money markets priced two full European...

Published 15 Nov, 2021 07:11am

Markets

Global stocks rise in week dominated by inflation fears

NEW YORK: Global stock markets mostly climbed on Friday — a positive end to a week in which the threat of ...

Published 15 Nov, 2021 05:21am

Pakistan

Rally against rising inflation: Fazl optimistic about PDM's prospects

KARACHI: President of Pakistan Democratic Movement (PDM) Maulana Fazl-ur-Rehman on Saturday evening gave some hopes...

Published 14 Nov, 2021 04:12am

Pakistan

PDM fighting 'war' for country's survival, says Fazlur Rehman at Karachi rally

Warns country is heading towards isolation and political leadership should play its role to avert the crisis

Updated 13 Nov, 2021 10:01pm

Markets

Wall Street moves higher, rebounding from inflation scare

NEW YORK: After the inflation-induced selloff earlier in the week, US stocks gained ground on Friday for the second...

Published 13 Nov, 2021 04:08am

Markets

Japan shares rise on bargain hunting for undervalued stocks, cost woes weigh

TOKYO: Japanese shares gained on Thursday, as investors were selective and scooped up stocks that were undervalued ...

Published 11 Nov, 2021 10:39am

Markets

Weaker pound, banks lift FTSE 100; M&S surges on forecast hike

LONDON: London’s FTSE 100 rose to its best session in nearly a month on Wednesday, aided by a weaker pound and...

Published 11 Nov, 2021 05:20am

Business & Finance

China factory-gate inflation hits new high in October

BEIJING: China's factory-gate inflation hit a 26-year high in October while fresh virus outbreaks and soaring food...

Published 10 Nov, 2021 09:51am

Markets

Asian markets down as inflation concerns return to the fore

HONG KONG: Asian equities dipped Wednesday as a record-breaking rally on Wall Street finally came to an end with...

Published 10 Nov, 2021 09:48am

BR Research

SPI data: Don’t destroy it! Protect it.

Wasim Akram, the former Pakistan cricket captain narrated a story on a popular sports show the other day. Pakistan...

Published 10 Nov, 2021 07:25am

Opinion

PARTLY FACETIOUS: Change is in the air

“Nawaz Sharif is a trail blazer…”

Updated 10 Nov, 2021 06:33am

Pakistan

Khaqan holds govt, NAB responsible for rising inflation

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president and former prime minister Shahid Khaqan Abbasi...

Published 10 Nov, 2021 05:47am

Editorials

Inflation

EDITORIAL: The Sensitive Price Index (SPI) for the week ending 4 November 2021 registered a rise of 0.67 percent as...

Updated 10 Nov, 2021 09:53am

Media accused of giving wrong impression about inflation

ISLAMABAD: The government has accused media of spreading wrong impression about inflation in the country and claimed...

Updated 08 Nov, 2021 09:47am

Opinion

Soaring prices fuel anti-ECB sentiment in Germany

As inflation soars to its highest level in three decades in Germany, Simon and Lena Wendland, parents of newborn...

Published 08 Nov, 2021 05:19am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5.01 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	490 ▼ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	70 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	351.13 ▼ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	6.92 ▼ 0.00 (0.00%)
Attock Cement / Sep 22 Attock Cement Pakistan Limited(ACPL)	85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5.01 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	490 ▲ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	70 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	351.13 ▲ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	6.92 ▲ 0.00 (0.00%)
Attock Cement / Sep 22 Attock Cement Pakistan Limited(ACPL)	85 ▲ 0.00 (0.00%)

Stock	Volume
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	25,210,712 ▲ 0.00
Maple Leaf Cement / Sep 22 Maple Leaf Cement Factory Limited(MLCF)	15,320,162 ▲ 0.00
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	7,596,267 ▲ 0.00
Bankislami Pak. / Sep 22 BankIslami Pakistan Limited(BIPL)	6,789,573 ▲ 0.00
Unity Foods Ltd / Sep 22 Unity Foods Limited(UNITY)	6,700,891 ▲ 0.00
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	5,385,000 ▲ 0.00
TRG Pak Ltd / Sep 22 TRG Pakistan Limited(TRG)	5,016,290 ▲ 0.00
TPL Properties / Sep 22 TPL Properties Limited(TPLP)	4,060,395 ▲ 0.00
Dewan Motors / Sep 22 Dewan Farooque Motors Limited(DFML)	3,499,174 ▲ 0.00
Waves Corporation / Sep 22 Waves Corporation Limited(WAVES)	3,412,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 21	292.95
USD PKR Interbank Buying / Sep 21	292.75
USD to Japanese Yen / Sep 21	147.57
USD to Swiss Franc / Sep 21	0.90
Pound Sterling to USD / Sep 21	1.23
Euro to USD / Sep 21	1.07
UK LIBOR % / Sep 20	5.44

Stock	Volume
S&P 500 / Sep 21	4330
India Sensex / Sep 21	66230.24
Tokyo Nikkei / Sep 21	32571.03
Nasdaq / Sep 21	13223.98
Hang Seng / Sep 21	17655.41
FTSE 100 / Sep 21	7678.62
Dow Jones / Sep 21	34070.42
Germany DAX 30 / Sep 21	15571.86
France CAC40 / Sep 21	7213.90

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 20	19235
Gold 10 Grams PKR / Sep 20	186820
Crude Oil USD/Barrel / Sep 21	89.63
Gold Spot USD/Ounce / Sep 21	1920.08
Cotton US¢/pound / Sep 21	86.47

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