Trends - SBP - Business Recorder

SBP

Monetary Policy tomorrow

KARACHI: The Monetary Policy Committee (MPC) of SBP will meet on Thursday, September 12, 2024 to decide about the...

Published 11 Sep, 2024 06:31am

Budgetary support: Jul-Aug borrowing drops 58pc to Rs660.3bn YoY

KARACHI: The federal government’s borrowing from scheduled banks for budgetary support saw a sharp decline of 58...

Updated 11 Sep, 2024 08:55am

Business & Finance

Jul-Aug remittances soar 44pc to $5.94bn YoY

KARACHI: During a challenging period when the country is striving to secure healthy foreign inflows to meet its...

Published 10 Sep, 2024 06:32am

Business & Finance

Business leader for 10pc cut in policy rate

KARACHI: Pakistan’s renowned industrialist and United Business Group (UBG) leader, Farhan Hanif, has urged the...

Published 10 Sep, 2024 06:32am

Business & Finance

UBG demands cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have demanded the government to reduce interest rates by 4 to 5...

Published 10 Sep, 2024 06:32am

Business & Finance

Gems and jewellery sector urges reduction in key policy rate

KARACHI: Gems & Jewellery sector has demanded for immediate reduction in interest rates following the drop in...

Updated 10 Sep, 2024 07:32am

Markets

Pakistan’s remittance inflow stands at $2.9bn in August, up 40.5% year-on-year

On monthly basis, inflow down 2%

Updated 09 Sep, 2024 10:35pm

Opinion

An intriguing televised address

Federal Finance Minister Muhammad Aurangzeb, in a televised address to the nation this Tuesday past claimed that the...

Updated 09 Sep, 2024 07:59am

Opinion

Why monetary policy prudence is a virtue

The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to...

Updated 09 Sep, 2024 08:02am

BMP assails increase in power tariffs

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has condemned the...

Updated 09 Sep, 2024 09:04am

Extension given in sugar export shipment

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has allowed 15 days...

Updated 07 Sep, 2024 08:50am

Editorials

How much borrowing is envisaged from where?

EDITORIAL: On 21 August 2024 Finance Minister Aurangzeb in a text message to a foreign news agency said “we are...

Published 07 Sep, 2024 06:59am

Business & Finance

FPCCI seeks 400bps cut in interest rate

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government and ...

Updated 07 Sep, 2024 09:00am

Business & Finance

Liquidation: SBP cancels IDBL’s licence

KARACHI: The State Bank of Pakistan (SBP) has announced cancellation of the banking licence of Industrial ...

Published 07 Sep, 2024 06:59am

Business & Finance

KATI urges SBP to reduce bank interest rates

KARACHI: Korangi Association of Trade and Industry (KATI) has issued an urgent call to the State Bank of Pakistan...

Published 07 Sep, 2024 06:59am

Business & Finance

UBG for cut in interest rates in upcoming monetary policy

KARACHI Syed Mazhar Ali Nasir, Vice Chairman UBG Sindh Region has appealed to the government and the State Bank of...

Published 07 Sep, 2024 06:59am

Business & Finance

Forex reserves up

KARACHI: State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at...

Published 06 Sep, 2024 08:02am

Business & Finance

Further ease in monetary policy stance expected

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy...

Published 06 Sep, 2024 07:53am

Opinion

What sustainable macroeconomic stability?

The fall in inflation (to be precise CPI inflation) to single-digit in August –stood at 9.6 percent – meant that...

Updated 06 Sep, 2024 07:36am

Business & Finance

New banknote series: SBP announces results of art contest for designs

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced the successful conclusion of Art Competition for the...

Published 06 Sep, 2024 07:04am

Business & Finance

Govt debt stocks rise to Rs69.9trn

KARACHI: The federal government’s total debt stocks rose to Rs 69.6 trillion mark at the end of July 2024 primarily...

Updated 06 Sep, 2024 08:56am

Business & Finance

FE-25 deposits: SBP drops monthly reporting requirement

KARACHI: The State Bank of Pakistan (SBP) has discontinued the monthly reporting of “FE-25 Deposits and their...

Published 06 Sep, 2024 07:04am

Markets

Competition for new currency notes: SBP unveils winners, selected designs

The State Bank of Pakistan (SBP) on Thursday announced the winners of its competition for the designs of the new...

Updated 06 Sep, 2024 12:08am

Markets

SBP-held foreign exchange reserves increase $33mn, now stand at $9.44bn

Total liquid foreign reserves held by the country stand at $14.74 billion

Updated 05 Sep, 2024 10:30pm

Markets

Analysts expect SBP to continue easing in next week’s monetary policy announcement

Most experts Business Recorder reached out to see decline between 100 to 200 bps

Updated 05 Sep, 2024 08:29pm

Business & Finance

KCCI chief urges SBP to reduce interest rate ‘substantially’

KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI)...

Published 05 Sep, 2024 06:19am

Business & Finance

‘Banks’ signboards do not fall under definition of advertisements’

LAHORE: Signboards installed by the banks do not come within the definition of advertisement and billboard, ...

Updated 05 Sep, 2024 07:17am

Opinion

Tax burdens and fiscal discipline

After an inflation-ridden Fiscal Year 2023-24 (“FY24”), wherein the average inflation for the FY24 was 23.4%,...

Published 04 Sep, 2024 07:06am

Editorials

Inflation decline

EDITORIAL: Pakistan Bureau of Statistics (PBS) calculated the August Consumer Price Index (CPI) at 9.6 percent – a...

Updated 04 Sep, 2024 06:49am

Business & Finance

FPCCI urges govt to cut interest rate to 12pc

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government to reduce...

Published 03 Sep, 2024 07:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 11	278.65
USD PKR Interbank Buying / Sep 11	278.40
USD to Japanese Yen / Sep 11	140.88
USD to Swiss Franc / Sep 11	0.84
Pound Sterling to USD / Sep 11	1.31
Euro to USD / Sep 11	1.10

Stock	Volume
S&P 500 / Sep 11	5,495.52
India Sensex / Sep 11	81,987.24
Tokyo Nikkei / Sep 11	35,564.24
Nasdaq / Sep 11	17,025.88
Hang Seng / Sep 11	17,007.86
FTSE 100 / Sep 11	8,197.32
Dow Jones / Sep 11	40,736.96
Germany DAX 30 / Sep 11	18,308.89

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,535
Petrol/Litre / Sep 11	259.10
Crude Oil USD/Barrel / Sep 11	66.12
Gold 10 Grams PKR / Sep 11	226,337
Gold Spot USD/Ounce / Sep 11	2,521.50
Diesel/Litre / Sep 11	262.75

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

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