Trends - inflation - Business Recorder

inflation

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

Markets

Euro zone bond yields fall despite a surge in inflation

Inflation excluding food and energy prices, a less volatile measure that the ECB watches more closely, slowed to 1%.

Published 31 Mar, 2021 11:47pm

Markets

Gold rises on softer dollar, but set for worst quarter in over 4 years

Gold is down over 9pc for the quarter and is on track for its worst quarterly performance since end-December 2016.

Updated 01 Apr, 2021 12:01am

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Sep 22 Aisha Steel(ConPS)(ASLPS)	10.17 ▲ 1.00 (10.91%)
First Elite Cap.Mod / Sep 22 First Elite Capital Modaraba(FECM)	3.20 ▲ 0.30 (10.34%)
HBL Invest Fund / Sep 22 HBL Investment Fund(HIFA)	1.65 ▲ 0.14 (9.27%)
Power Cem(Pref) / Sep 22 Power Cement (Pref)(POWERPS)	6 ▲ 0.50 (9.09%)
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	3.87 ▲ 0.29 (8.10%)
Pak Paper Prod / Sep 22 Pakistan Paper Products Limited(PPP)	44.53 ▲ 3.11 (7.51%)
Arpak Int. / Sep 22 Arpak International Investments Ltd.(ARPAK)	64.50 ▲ 4.50 (7.50%)
Pak Hotels / Sep 22 Pakistan Hotels Developers Limited(PHDL)	190.41 ▲ 13.28 (7.50%)
P.N.S.C / Sep 22 Pakistan National Shipping Corporation(PNSC)	159.67 ▲ 11.14 (7.50%)
Premium Textile / Sep 22 Premium Textile Mills Limited(PRET)	406.46 ▲ 28.36 (7.50%)

Stock	Price
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	0.13 ▼ -0.12 (-48.00%)
Trust Mod. / Sep 22 Trust Modaraba(TRSM)	1.25 ▼ -0.18 (-12.59%)
Jubilee Spinning / Sep 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.70 ▼ -0.60 (-11.32%)
Redco Textile / Sep 22 Redco Textiles Limited(REDCO)	5.65 ▼ -0.62 (-9.89%)
Equity Modaraba / Sep 22 First Equity Modaraba(FEM)	3 ▼ -0.30 (-9.09%)
AKD Hospitality / Sep 22 AKD Hospitality Limited(AKDHL)	126.37 ▼ -10.25 (-7.50%)
Dadex Eternit / Sep 22 Dadex Eternit Limited(DADX)	36.76 ▼ -2.98 (-7.50%)
JS Global Cap. / Sep 22 JS Global Capital Limited(JSGCL)	149.05 ▼ -12.08 (-7.50%)
Gammon Pak / Sep 22 Gammon Pakistan Limited(GAMON)	6.45 ▼ -0.37 (-5.43%)
Unilever Foods / Sep 22 Unilever Pakistan Foods Limited(UPFL)	20100 ▼ -1155.00 (-5.43%)

Stock	Volume
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	24,002,721 ▼ -0.12
Treet Corp / Sep 22 Treet Corporation Limited(TREET)	17,803,918 ▼ -0.08
Maple Leaf Cement / Sep 22 Maple Leaf Cement Factory Limited(MLCF)	15,196,347 ▲ 1.55
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	7,596,263 ▲ 0.01
Bankislami Pak. / Sep 22 BankIslami Pakistan Limited(BIPL)	6,775,527 ▲ 0.72
Unity Foods Ltd / Sep 22 Unity Foods Limited(UNITY)	6,691,541 ▲ 1.22
Pak Petroleum / Sep 22 Pakistan Petroleum Limited(PPL)	6,149,595 ▲ 0.90
TRG Pak Ltd / Sep 22 TRG Pakistan Limited(TRG)	5,004,040 ▲ 1.05
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	4,581,000 ▲ 0.29
TPL Properties / Sep 22 TPL Properties Limited(TPLP)	4,030,395 ▲ 0.10

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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