Trends - NBH - Business Recorder

NBH

Hungary central bank seen raising base rate by 25 bps next week

Base rate seen rising by 25 bps to 0.85%.
One-week deposit rate seen 15 bps higher at 0.9%.
Economists see further base rate hikes in coming years.

Published 16 Jun, 2021 05:03pm

Business & Finance

Hungary central bank leaves rates steady, as expected

Base rate 0.6%, O/N depo rate -0.05%.
Decision in line with expectations.
Bank could raise base rate at June meeting.
Hawkish turn a "game-changer" –analyst.

Published 25 May, 2021 05:29pm

Markets

Forint eases slightly after central bank extends QE programme

The forint was still 0.24% up on the day, trading at 362.93 to the euro, outperforming its regional peers after a recent slide.
The rate decision did not significantly move the forint as it was already anticipated and priced in, according to an FX trader in Budapest.

Published 27 Apr, 2021 07:26pm

Markets

Hungary central bank says will buy green govt bonds as part of its QE programme

"The NBH is committed to buy green government bonds as part of its asset purchase programme under similar conditions than any other government bond," the bank said.

Published 12 Apr, 2021 02:06pm

Markets

Currencies higher, forint firms most on central bank stance

The Hungarian forint firmed 0.21% and was trading at 363.95 per euro, extending its gains since Tuesday when the central bank left interest rates unchanged.
"The NBH was so convincing that the forint firmed this week despite the strengthening of the dollar," one trader said.

Published 26 Mar, 2021 05:14pm

Markets

Hungary central bank buys 25bn forints worth of bonds

*It bought 16 billion forints worth of 2033/A bonds at 2.32% average yield, 3 billion forints worth of 2034/A bonds at 2.48%, 4 billion forints worth of 2038/A bonds at 2.8% average yield and 2 billion forints worth of 2041/A bonds at 3.05%.

Published 16 Feb, 2021 07:53pm

Business & Finance

Hungary leaves rates steady ahead of expected inflation overshoot

Base rate 0.6%, O/N deposit rate -0.05%.
Decision in line with expectations.
Forint steady at one-week-lows.
Vice Governor has flagged cautious policy.
Bank expects to overshoot CPI target in Q2.

Published 26 Jan, 2021 07:19pm

Business & Finance

Hungary central bank buys 40bn forints worth of bonds, yields steady

It bought 8 billion forints worth of 2031/A bonds at 2.13% average yield, 7 billion forints worth of 2038/A bonds at 2.45% average yield and 4 billion forints worth of 2041/A bonds at 2.75%.

Published 19 Jan, 2021 06:14pm

Business & Finance

Hungary central bank left rates steady in unanimous Dec decision: minutes

If warranted by a change in the outlook for inflation, the (NBH) would be ready to use the appropriate instruments.
The next policy meeting is due on January 26.

Published 06 Jan, 2021 06:51pm

Business & Finance

Hungary central bank provides EUR 760mn worth of funds at EUR/HUF swap tender

The National Bank of Hungary (NBH) has said it would hold foreign currency swap tenders at the end of each quarter if needed to reduce market volatility.
By providing euros via fx swaps, the NBH can ease selling pressure on the forint on the spot market.

Published 31 Dec, 2020 08:21pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Feb 3 The Pakistan General Insurance Co. Ltd.(PKGI)	5.28 ▲ 0.73 (16.04%)
Premier Insurance / Feb 3 Premier Insurance Limited(PINL)	7.52 ▲ 1.00 (15.34%)
Pak Agro Pack. (GEM) / Feb 3 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.76 ▲ 1.00 (14.79%)
Data Textile / Feb 3 Data Textiles Limited(DATM)	8.08 ▲ 1.00 (14.12%)
First Pak Mod. / Feb 3 First Pak Modaraba(PAKMI)	1.49 ▲ 0.16 (12.03%)
Dewan Sugar / Feb 3 Dewan Sugar Mills Limited(DWSM)	2.83 ▲ 0.28 (10.98%)
Jubilee Spinning / Feb 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.86 ▲ 0.28 (10.85%)
Tri-Star Power / Feb 3 Tri-Star Power Limited(TSPL)	11.64 ▲ 1.00 (9.40%)
Hala Enterprise / Feb 3 Hala Enterprises Limited(HAEL)	6.59 ▲ 0.49 (8.03%)
Soneri Bank Ltd / Feb 3 Soneri Bank Limited(SNBL)	10 ▲ 0.70 (7.53%)

Stock	Price
Sec. Inv. Bank / Feb 3 Security Investment Bank Limited(SIBL)	3.86 ▲ -0.99 (-20.41%)
Ruby Tex. / Feb 3 Ruby Textile Mills Limited(RUBY)	3.10 ▲ -0.50 (-13.89%)
Grays Leasing / Feb 3 Grays Leasing Limited(GRYL)	3.26 ▲ -0.43 (-11.65%)
HBL Growth Fund / Feb 3 HBL Growth Fund(HGFA)	4.70 ▲ -0.59 (-11.15%)
Pakistan Services / Feb 3 Pakistan Services Limited(PSEL)	1938 ▲ -157.13 (-7.50%)
Siemens Pak. / Feb 3 Siemens (Pakistan) Engineering(SIEM)	587.58 ▲ -47.64 (-7.50%)
Chashma / Feb 3 Chashma Sugar Mills Limited(CHAS)	60.17 ▲ -4.87 (-7.49%)
Pak Leather / Feb 3 Pak Leather Crafts Limited(PAKL)	19.68 ▲ -1.59 (-7.48%)
Noon Sugar / Feb 3 Noon Sugar Mills Limited(NONS)	54.55 ▲ -4.35 (-7.39%)
Tandlianwala Sugar / Feb 3 Tandlianwala Sugar Mills Limited(TSML)	56.60 ▲ -4.49 (-7.35%)

Stock	Volume
WorldCall Telecom / Feb 3 Worldcall Telecom Limited(WTL)	20,604,314 ▼ 0.02
Pak Petroleum / Feb 3 Pakistan Petroleum Limited(PPL)	12,186,736 ▲ -0.93
P.I.A.C.(A) / Feb 3 Pakistan International Airlines Corp(PIAA)	8,353,500 ▲ -0.14
Gul Ahmed / Feb 3 Gul Ahmed Textile Mills Limited(GATM)	8,350,767 ▲ -0.13
Habib Bank / Feb 3 Habib Bank Limited(HBL)	6,169,725 ▼ 0.69
Dewan Motors / Feb 3 Dewan Farooque Motors Limited(DFML)	6,069,500 ▼ 0.30
Ghani Glo Hol / Feb 3 Ghani Global Holdings Limited(GGL)	5,454,618 ▼ 0.53
Oil & Gas Dev. / Feb 3 Oil & Gas Development Company Limited(OGDC)	5,230,319 ▲ -0.05
Maple Leaf Cement / Feb 3 Maple Leaf Cement Factory Limited(MLCF)	4,990,557 ▲ -0.27
K-Electric Ltd. / Feb 3 K-Electric Limited(KEL)	4,946,333 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 2	273.50
USD PKR Interbank Buying / Feb 2	271.50
USD to Japanese Yen / Feb 2	128.59
USD to Swiss Franc / Feb 2	0.91
Pound Sterling to USD / Feb 2	1.23
Euro to USD / Feb 2	1.09
UK LIBOR % / Feb 1	4.30

Stock	Volume
S&P 500 / Feb 2	4147.39
India Sensex / Feb 2	59550.50
Tokyo Nikkei / Feb 2	27402.05
Nasdaq / Feb 2	12132.29
Hang Seng / Feb 2	21958.36
FTSE 100 / Feb 2	7801.43
Dow Jones / Feb 2	33998.52
Germany DAX 30 / Feb 2	15424.25
France CAC40 / Feb 2	7146.27

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 1	21235
Crude Oil USD/Barrel / Feb 2	75.15
Gold 10 Grams PKR / Feb 2	177641
Gold Spot USD/Ounce / Feb 2	1925.91
Cotton US¢/pound / Feb 2	85.88