Trends - inflation - Business Recorder

inflation

Federal budget pro-growth but food inflation remains concern, says think tank

PRIME Institute calls for sustainable growth measures including increasing real incomes, employment

Updated 16 Jun, 2021 04:11pm

Markets

China to release copper, aluminium and zinc reserves to stabilise commodity prices

Moreover, demand in most economies is continuing to recover from pandemic slumps, albeit at an uneven pace.

Published 16 Jun, 2021 10:27am

Markets

Tuesday's early trade: Indexes dip as Fed meet gets underway

NEW YORK: US stocks eased on Tuesday after the S&P 500 hit a record high earlier in the session, as a strong...

Published 16 Jun, 2021 03:39am

Business & Finance

S Arabia's inflation rate rises again, hits 5.7pc

DUBAI: Saudi Arabia's inflation rate rose for the second consecutive month, climbing to 5.7% in May from 5.3% in...

Published 16 Jun, 2021 03:39am

Business & Finance

Britain's economy strengthens recovery

LONDON: Britain's economy gathered pace in April as the government eased its coronavirus lockdown, official data...

Published 13 Jun, 2021 03:56am

Markets

Friday's midday trade: Wall Street flat with Fed meet in focus

NEW YORK: US stock indexes were flat on Friday as focus turned to next week's Federal Reserve meeting, while...

Published 12 Jun, 2021 05:04am

World

Russia raises key rate to 5.5pc, flags more hikes to curb inflation

MOSCOW: Russia's central bank raised its key interest rate by 50 basis points to 5.5% on Friday and said more hikes...

Published 12 Jun, 2021 05:04am

Business & Finance

Economic Survey 2020-21: Overview of the economy

Despite myriad of challenges, Pakistan’s economy is moving progressively on higher inclusive and sustainable ...

Published 11 Jun, 2021 03:41am

Markets

US stocks fall

NEW YORK: Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for...

Published 11 Jun, 2021 03:41am

Headline inflation recorded at 8.6pc in July-April

ISLAMABAD: The headline inflation measured by the Consumer Price Index (CPI) has been recorded at 8.6 percent during...

Published 11 Jun, 2021 03:41am

Pakistan beats projections, targets higher growth

Finance minister reviews past-year's performance while unveiling Economic Survey 2020-21
Says country now dependent on international food prices
Needs economic growth of 6-7%, adds Tarin

Updated 10 Jun, 2021 07:33pm

BR Research

Inflation and bottom of the pyramid

The biggest challenge for the government on the economic front now is dealing with inflation. High inflation amid...

Published 10 Jun, 2021 07:30am

BR Research

GDP, inflation, and petroleum pricing

Nothing short of a dilemma faces this government. Petroleum price question is going to test the nerves and promises...

Published 10 Jun, 2021 07:25am

World

China’s highest producer inflation in over 12 years highlights global price pressures

BEIJING: China’s May factory gate prices rose at their fastest annual pace in over 12 years due to surging...

Published 10 Jun, 2021 03:22am

Markets

Japanese rubber futures drop

TOKYO: Japanese rubber futures fell on Monday, tracking losses in the Shanghai market, as many financial markets...

Published 08 Jun, 2021 04:09am

Markets

Gold steadies in European trade

AMSTERDAM/LONDON: Gold steadied in a narrow range on Monday, as investors awaited US inflation data and clarity on...

Published 08 Jun, 2021 04:09am

BR Research

Oily slope

All the international commodities are having a bull run. Oil is no exception and is the most critical commodity...

Published 07 Jun, 2021 07:25am

Markets

Asian equities clock biggest foreign outflows since March 2020

BENGALURU: Asian equities in May clocked their biggest foreign outflows in 14 months due to a spike in Covid-19 ...

Published 07 Jun, 2021 03:34am

Business & Finance

Linker bonds: inflation-proof or inflated expectations?

LONDON: Investors are piling into bonds offering protection from rising consumer prices as they brace for the...

Published 07 Jun, 2021 03:34am

Opinion

Let private sector run the show

It’s not a myth that in Pakistan the government is poor while people are cash rich. The public debt is five times...

Published 06 Jun, 2021 02:56am

Business & Finance

Greek economy grows

ATHENS: Greece's economy grew by 4.4 percent in the first quarter despite a six-month coronavirus lockdown,...

Published 06 Jun, 2021 02:56am

Opinion

Taxes, inflation & social welfare

The Federal Board of Revenue (FBR) has achieved a historic milestone of collecting taxes of Rs 4.17 trillion in the...

Published 04 Jun, 2021 05:06am

Editorials

Economy not out of the woods yet

EDITORIAL: Consumer Price Index (CPI) data released by the Pakistan Bureau of Statistics for May 2021 indicates...

Published 04 Jun, 2021 05:06am

BR Research

Petroleum: Taxes no more the priority

Petroleum prices are not making much news these days. For one, it has now become a 15-day affair and that takes some...

Published 02 Jun, 2021 07:35am

BR Research

Food keeps CPI in double-digit

The headline inflation clocked at 10.9 percent in May 2021 as compared to 11.1 percent last month. The 11MFY21 ...

Published 02 Jun, 2021 07:25am

Business & Finance

Canadian economic recovery hits snag in April

OTTAWA: Canada’s economy likely contracted in April, the first decline in a year, due to widespread lockdowns amid...

Published 02 Jun, 2021 04:29am

Business & Finance

Eurozone inflation hits near three-year high

BRUSSELS: Inflation in the eurozone jumped to its highest level since October 2018 as Covid restrictions across...

Published 02 Jun, 2021 04:29am

Markets

Crude, equities advance on signs of recovery

London stocks, resuming trade after a long holiday weekend in the UK, were also higher, with shares in heavyweight oil and mining groups in demand on rising commodity prices.

Published 01 Jun, 2021 09:24pm

Business & Finance

Eurozone inflation hits near three-year high in May

The rise in inflation was widely expected but will rattle investors after consumer prices in the US made their biggest leap since 2008, fuelling fears that the economy was overheating.

Published 01 Jun, 2021 04:59pm

Markets

Crude, equities advance on recovery optimism

The euro traded mixed on the data, while eurozone stock markets rallied.

Published 01 Jun, 2021 04:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.32
USD to Swiss Franc / May 22	0.91
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.09

Stock	Volume
S&P 500 / May 21	5321.41
Nasdaq / May 21	16832.63
Dow Jones / May 21	39872.99
India Sensex / May 22	74007.26
Tokyo Nikkei / May 22	38615.77
Hang Seng / May 22	19241.22
FTSE 100 / May 22	8384.69
Germany DAX 30 / May 22	18694.36

Item	Value
Gold 10 Grams PKR / May 21	213048
Crude Oil USD/Barrel / May 22	79.26
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold Spot USD/Ounce / May 22	2413.48
Cotton US¢/pound / May 22	77.37
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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