Trends - policy rate - Business Recorder

policy rate

Govt pins increase in prices of petroleum products to global hike in rates

The Ministry of Finance has attributed its latest decision of increasing prices of petroleum products to a hike in...

Published 16 Apr, 2024 08:26pm

Markets

Pakistan’s headline inflation reading slows further to 20.7% in March

CPI-inflation reading drops to lowest level since May 2022, is now below key policy rate after over three years

Updated 01 Apr, 2024 09:44pm

Business & Finance

Policy rate kept unchanged at 22pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP), adopting a cautious approach, has...

Updated 19 Mar, 2024 09:20am

Markets

SBP keeps key policy rate unchanged at 22%

This is the sixth successive decision to hold rates by Pakistan's central bank

Updated 18 Mar, 2024 08:43pm

Opinion

Policy rate: a cut is likely?

Despite a decline in inflation, overall costs are still growing this year in comparison to prior years. Regarding...

Published 18 Mar, 2024 04:56am

Markets

KSE-100 closes week in the red as market awaits MPC decision

Index endures tough week with loss of overall 977 points

Updated 15 Mar, 2024 10:28pm

Mixed expectations: MPS on 18th

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy next Monday (March 18) with...

Updated 13 Mar, 2024 09:42am

Markets

Brokerage house sees ‘strong possibility’ of policy rate cut of 100bps in upcoming MPC

A brokerage house sees “strong possibility” that the State Bank of Pakistan (SBP) may cut the key policy rate by 100...

Updated 12 Mar, 2024 10:38pm

Business & Finance

KIBOR falls after ‘lower-than-expected’ inflation reading

The Karachi Interbank Offered Rate (KIBOR) dropped notably following the release of Consumer Price Index (CPI)-based...

Updated 04 Mar, 2024 09:04pm

BR Research

Allied Bank: Record profits

Allied Bank Limited (ABL) posted its yearly financial results for CY23, declaring a final cash dividend of Rs4/share...

Published 14 Feb, 2024 08:47am

BR Research

MCB: High(est) profits – low(est) ADR

MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high...

Published 12 Feb, 2024 08:58am

Business & Finance

UBG leaders criticise maintaining interest rate at 22pc

KARACHI: The industrial sector has criticized the central bank for maintaining the policy rate at 22 percent, saying...

Published 31 Jan, 2024 05:22am

Business & Finance

Industrial sector slams SBP for keeping policy rate unchaged

KARACHI: Industrial sector has criticised the central bank for maintaining the policy rate at 22 percent as it is...

Published 31 Jan, 2024 05:22am

Business & Finance

Policy rate kept unchanged at 22pc on inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy...

Published 30 Jan, 2024 04:52am

Markets

SBP keeps key policy rate unchanged at 22%

Central bank governor conveys MPC has revised projected inflation figure for FY24 from 20-22% to 23-25%

Updated 29 Jan, 2024 09:48pm

Markets

National Saving Schemes: CDNS reduces rates of return on some products

The Central Directorate of National Savings (CDNS) has revised the rates of return on some of its National Savings...

Updated 26 Jan, 2024 08:34pm

Business & Finance

Policy rate likely to remain unchanged

KARACHI: The State Bank of Pakistan (SBP) is most likely to maintain the policy rate at 22 percent in the next...

Updated 06 Jan, 2024 09:47pm

BR Research

Inflation: Throwing gas on fire

Inflation is not coming down. The headline number stood at 29.7 percent in December 2023 – slightly higher than...

Updated 02 Jan, 2024 11:39am

Opinion

Outlook for inflation

The statement released recently by the Monetary Policy Committee of the SBP (State Bank of Pakistan) indicates that...

Published 19 Dec, 2023 05:20am

Business & Finance

SBP official explains latest monetary policy decision

KARACHI: The Director of the Monetary Policy Department State Bank of Pakistan (SBP), Amin Lodhi has discussed the...

Updated 19 Dec, 2023 09:33am

Business & Finance

SBP keeps key policy rate unchanged at 22%

Majority analysts had expected central bank to hold key interest rate

Updated 12 Dec, 2023 10:49pm

Business & Finance

MPS today

KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) to be held today...

Published 12 Dec, 2023 05:28am

Business & Finance

PIDE underscores need for reducing policy rate by 50-100bps

ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has suggested lowering down discount rate by 50 to...

Published 12 Dec, 2023 05:28am

Markets

Bulls dominate as KSE-100 hits new peak above 64,700

Bulls continued to dominate at the Pakistan Stock Exchange (PSX), as its benchmark KSE-100 Index hit a new peak on...

Updated 07 Dec, 2023 07:04pm

Markets

Experts see status quo in last monetary policy announcement of 2023

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to meet on Tuesday, December 12,...

Updated 06 Dec, 2023 10:41pm

Markets

Another day, another high: KSE-100 gains 1.5% to close near 64,000

Experts say ongoing momentum signifies boost in investor confidence

Updated 06 Dec, 2023 10:46pm

BR Research

Currency diary

On the face of it, the currency market is moving smoothly. There is no stress in the market. The currency is...

Published 06 Dec, 2023 09:02am

Markets

Pakistan’s headline inflation reading clocks in at 29.2% in November

Inflation reading higher than October's when it stood at 26.9%

Updated 01 Dec, 2023 10:38pm

Markets

KSE-100 gains 1.23%, closes near 60,000 level as buying spree continues

Benchmark index increases 725 points as cement and banks lead rally

Updated 27 Nov, 2023 10:58pm

Markets

Inflation expected to go over 28% in Nov following gas price hike: report

Consumer Price Index (CPI)-based inflation in November is expected to hit 28.26%, higher than 26.9%recorded in...

Updated 23 Nov, 2023 11:39pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Cotton US¢/pound / Apr 19	80.67
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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