Trends - inflation - Business Recorder

inflation

Oil, travel stocks boost European shares

The oil & gas sector jumped 1.0% in Europe, while travel & leisure and banks gained more than 1.3% each.

Published 08 Mar, 2021 02:31pm

Markets

World shares ease as yields and oil ring inflation alarm

Prices had already been supported by a decision by OPEC and its allies not to increase supply in April.

Published 08 Mar, 2021 02:18pm

Business & Finance

Inflation bites as chicken rate hikes up in Karachi

On the other hand, poultry sellers expressed that the price is likely to rise further due to a shortage of supply from poultry farmers.

Published 08 Mar, 2021 01:28pm

BR Research

Feeding market gluttony

The market is getting greedy and the government may be feeding this greed. There is no stopping the rates from ...

Published 08 Mar, 2021 07:25am

Markets

Ukraine barley exports prices hit new high

KYIV: Ukrainian barley export prices have risen to an all-time high supported by demand from China and expected...

Updated 07 Mar, 2021 05:23pm

Business & Finance

Nepal’s economy contracts for first time in decades

KATHMANDU: Nepal’s economy contracted for the first time in four decades in the last fiscal year due to a...

Updated 07 Mar, 2021 05:24pm

BR Research

Power tariffs: Devil and the details

The Pakistan Bureau of Statistics (PBS) calculated the impact of electricity price increase as 29 percent and 43...

Published 05 Mar, 2021 07:25am

Business & Finance

Power tariff hike hits masses, increases cost of doing business: PBIF

KARACHI: Chairman of National Business Group and President Pakistan Businessmen and Intellectual Forum (PBIF), Mian...

Updated 05 Mar, 2021 09:36am

Business & Finance

Ukraine raises interest rates for first time since 2018

KYIV: Ukraine’s central bank raised its key rate for the first time since 2018 on Thursday - to 6.5% from an...

Updated 05 Mar, 2021 09:37am

Markets

Asia markets see steep losses as inflation fears take hold again

Sydney, Manila, Bangkok and Mumbai were also in the red, while London, Paris and Frankfurt all started on the back foot.

Published 04 Mar, 2021 05:30pm

Markets

Dollar gains with yields, US growth seen likely to outperform

The yen could reach support at 106.11 to 106.22, or even continue further to the 105.33-105.44 area, Citi said.

Published 04 Mar, 2021 10:23am

Business & Finance

Rising Turkish inflation puts rate hike option back in focus

ISTANBUL: Turkish inflation rose above 15% in February to levels it last hit in mid-2019, according to data on...

Updated 04 Mar, 2021 09:33am

Business & Finance

Early trade in New York: Dollar gains as US growth seen likely to outperform

NEW YORK: The dollar gained on Wednesday as investors priced for strong US growth relative to other regions, while...

Updated 04 Mar, 2021 09:33am

Business & Finance

Syrian pound hits new low

AMMAN: The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency...

Updated 04 Mar, 2021 09:33am

Markets

Hong Kong stocks surge in morning

The Hang Seng Index jumped 1.69 percent, or 491.88 points, to 29,587.74.

Published 03 Mar, 2021 11:17am

BR Research

Inflation: Pawri not just yet

The inflation dragon is showing teeth again. The headline number stood at 8.7 percent in Feb-21 – highest monthly...

Updated 03 Mar, 2021 09:31am

Pakistan

Hamza says soaring inflation makes life miserable

LAHORE: Hamza Shehbaz said on Tuesday the incumbent government has been totally exposed and soaring inflation made...

Published 03 Mar, 2021 05:49am

Business & Finance

Eurozone inflation steady

BRUSSELS: The rise in eurozone consumer prices steadied in February, official data showed on Tuesday, as the slump ...

Published 03 Mar, 2021 05:49am

Markets

Eurozone inflation steady as energy prices recover

Europe's spending stimulus has been less ambitious, but markets have signalled expectations that inflation will rise in the coming months, with borrowing prices for EU governments increasing.

Updated 02 Mar, 2021 03:45pm

Opinion

Central banks will happily ignore inflation mongers

The world’s biggest central banks will happily live with higher inflation and investors now aggressively betting ...

Published 02 Mar, 2021 05:50am

Pakistan

CPI inflation increases by 8.7pc on YoY basis

On month-on-month basis, it increased by 1.8% in February 2021 as compared to a decrease of 0.2% in the previous month and a decrease of 1.0% in February 2020.

Published 01 Mar, 2021 08:26pm

Markets

Indonesia's Feb inflation rate cools to six-month low of 1.38%

The core inflation rate, which excludes volatile food and government-controlled prices, was 1.53% in February, roughly in line with the poll's 1.52%. It slowed slightly from January's 1.56%.

Published 01 Mar, 2021 12:52pm

Pakistan

Weekly inflation goes up 2.41pc

The weekly SPI with base year 2015-16 is covering 17 urban centers and 51 essential items for all expenditure groups.

Published 27 Feb, 2021 08:24pm

Business & Finance

Pakistan’s economic growth prospects showing signs of improvement

Taking all these observations into account, YoY inflation for next month may remain between 5.5−7.5 percent.
The Monthly Economic Indicator (MEI), which is based on combining monthly data of indicators that are proven to be correlated with GDP at constant prices shows continued strong growth in January, in continuation with what was observed in the previous seven months.

Published 27 Feb, 2021 12:59pm

Markets

Wall Street advances as Powell soothes inflation worries

NEW YORK: Shares on Wall Street rallied on Wednesday, with the Dow hitting a record high, as a selloff in...

Published 26 Feb, 2021 05:20am

Business & Finance

Powell downplays inflation fears, pledges to keep rates low

WASHINGTON: Federal Reserve Chairman Jerome Powell attempted to tamp down rising inflation concerns, and again on...

Updated 24 Feb, 2021 09:39am

Business & Finance

Singapore's Jan headline inflation turns positive after nearly a year

The core inflation measure of the Monetary Authority of Singapore also picked up slightly, but was still down 0.2%, matching economists forecasts.

Published 23 Feb, 2021 11:32am

Business & Finance

Canada’s bond market flashes turn signal to policymakers

TORONTO: A recent rise in Canadian long-term bond yields is a signal the economy needs less support than it did in...

Updated 22 Feb, 2021 09:57am

Business & Finance

IMF dismisses inflation concerns of US stimulus plan

WASHINGTON: Fears that inflation could spiral out of control due to a massive US stimulus package are overblown, IMF...

Published 20 Feb, 2021 04:52am

Markets

Nasdaq down, S&P little changed

NEW YORK: The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of...

Published 19 Feb, 2021 04:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Petrol/Litre / May 13	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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