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interest rates

European shares end lower as ECB slows rate hikes

PARIS: European shares ended Thursday lower after the European Central Bank eased the pace of its interest rate ...

Published 05 May, 2023 06:44am

Opinion

Critical economic challenges

Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year...

Published 05 May, 2023 06:44am

Markets

Copper drifts higher on possible Fed pause

LONDON: Copper prices edged up on Thursday after the US central bank signalled a pause on rate hikes, but gains were...

Published 05 May, 2023 06:44am

Markets

Oil up slightly after smaller ECB hike

NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest...

Published 05 May, 2023 06:44am

Business & Finance

Dollar gains, euro dips after cautious ECB

NEW YORK: The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day...

Published 05 May, 2023 06:44am

Business & Finance

ECB slows rate hike pace but signals more to come

FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more...

Published 05 May, 2023 06:44am

Markets

Most Gulf markets fall as Fed seen hiking rates

BENGALURU: Most stock markets in the Gulf ended lower on Monday, weighed down by expectations the Federal Reserve...

Published 02 May, 2023 05:59am

Business & Finance

‘Pakistan facing difficult situation due to external debt’

KARACHI: Pakistan from the point of view of external debt is facing real difficult situation as it is among the 15...

Published 28 Apr, 2023 06:08am

Central banks signal end of bank turmoil

FRANKFURT/LONDON/TOKYO: The world’s top central banks are cutting the frequency of their dollar liquidity operations...

Updated 26 Apr, 2023 08:50am

Business & Finance

Top Fed official sees rates rising and staying high

WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle...

Published 22 Apr, 2023 03:38am

Opinion

The IMF projections

The IMF has made projections for 2023 and a number of subsequent years at the global and country level in its latest...

Updated 18 Apr, 2023 07:21am

Opinion

Debt – a source of rising concern

During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First ...

Published 17 Apr, 2023 06:41am

Business & Finance

HCSTSI flays increase in interest rate

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani ...

Published 10 Apr, 2023 06:45am

Opinion

Economic impasse and govt procrastination

The country’s central bank has further hiked key policy rate by 100 basis points to a record 21 percent with a ...

Updated 07 Apr, 2023 06:48am

Business & Finance

FPCCI, LCCI agree to jointly raise voice for better business environment

LAHORE: President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh on...

Published 07 Apr, 2023 06:06am

World

IMF chief calls on central banks to continue inflation fight

WASHINGTON: Central banks around the world should keep battling inflation by hiking interest rates despite ongoing...

Published 07 Apr, 2023 12:18am

Editorials

The policy rate challenge

EDITORIAL: The Monetary Policy Committee raised the policy rate by one percent - to 21 percent - thereby linking the...

Published 06 Apr, 2023 06:20am

Business & Finance

KATI chief assails interest rate hike

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has rejected the decision of...

Published 06 Apr, 2023 06:20am

Opinion

Public debt distress

The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the...

Updated 05 Apr, 2023 06:43am

Business & Finance

Policy rate hiked to 21pc to bridle unbridled inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday further tightened the...

Updated 05 Apr, 2023 08:51am

Editorials

SBP’s dilemma: battered economy, high inflation

EDITORIAL: The SBP (State Bank of Pakistan) is scheduled to announce its monetary policy on 4th April. According to...

Updated 03 Apr, 2023 12:45pm

SBP seen raising key rate to record 22pc as inflation bites

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, April 04, 2023 at...

Updated 01 Apr, 2023 08:48am

Opinion

SDR allocation, monetary tightening, inflation, and banking crisis

While the International Monetary Fund (IMF) continues to not provide a much-needed special drawing rights (SDRs)...

Published 31 Mar, 2023 06:45am

Business & Finance

Repeated hikes in interest rate to hit trade badly: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry has expressed fears that sharp and repeated hikes in interest...

Published 31 Mar, 2023 06:45am

Opinion

Preparing for the ‘petroyuan’?

I wonder how long a certain Zoltar Pozsar, New York-based economist and investment research director at Credit ...

Published 30 Mar, 2023 06:35am

Business & Finance

Thai central bank raises policy rate, more tightening likely

BANGKOK: Thailand’s central bank raised interest rates by 25 basis points on Wednesday, as it attempts to bring...

Published 30 Mar, 2023 06:35am

Markets

Wall St mixed as banking worries ebb

NEW YORK: Wall Street struggled for direction on Tuesday as investors weighed receding concerns about a banking...

Published 29 Mar, 2023 06:27am

Opinion

The economic malaise

Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ...

Updated 28 Mar, 2023 06:52am

Business & Finance

Banking stress brings US closer to recession: Fed’s Kashkari

WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US ...

Published 27 Mar, 2023 06:15am

Opinion

The challenge of rising interest rates

While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as...

Published 26 Mar, 2023 03:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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