Trends - US interest rate - Business Recorder

US interest rate

Tariff situation undoubtedly impacting US economy

The US economy added 151,000 jobs, but the unemployment rate rose to 4.1%. This is a key economic indicator for the...

Published 10 Mar, 2025 05:58am

World

Fed seen restarting rate cuts in June as still-elevated inflation slows

US benchmark interest rate is currently at 4.25%-4.50%

Updated 28 Feb, 2025 10:11pm

Business & Finance

Fed may cut rates in last meeting of Biden era

WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on...

Published 16 Dec, 2024 06:08am

Markets

Saudi stocks gain on US rate cut bets

DUBAI: Saudi Arabia’s stock market ended higher on Sunday as investors raised their bets on the prospect of a US...

Published 09 Dec, 2024 06:43am

Markets

Currencies trade in tight range as market awaits more US rate cues

The US dollar held near its lowest level in more than a year against a basket of peers on Wednesday, with sterling...

Published 28 Aug, 2024 10:18am

Markets

Currencies tread water as Middle East risks temper rate cut optimism

SINGAPORE: The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over...

Published 27 Aug, 2024 10:10am

Business & Finance

Dollar lower after Powell signals rate cut

NEW YORK: The dollar turned lower and sterling rose to its highest in more than two years on Friday after Federal...

Published 24 Aug, 2024 06:23am

Markets

Gold prices set for weekly drop, with focus on Fed cues

Gold prices were subdued on Friday and headed for a weekly decline, while investors awaited further cues to gauge...

Published 09 Aug, 2024 10:34am

Business & Finance

Fed under pressure to cut rates as market turmoil continues

WASHINGTON: The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates...

Published 07 Aug, 2024 05:37am

Markets

Pakistan’s GDP growth to hit 3.2% in FY25, says Fitch Solutions’ BMI report

Growth to come on back of agriculture boost, lower policy rate and easing inflation
Projected figure still below govt's targeted level of 3.6%

Updated 18 Jul, 2024 10:08pm

Markets

Saudi bourse gains on US rate cut hopes

DUBAI: Saudi Arabia’s stock market closed higher on Sunday as investors turned their focus to US Federal Reserve...

Published 15 Jul, 2024 07:02am

Markets

Wall Street Week Ahead: Expected US rate cuts have investors looking beyond big tech

NEW YORK: Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks...

Published 15 Jul, 2024 06:56am

Markets

Gold holds steady

BENGALURU: Gold prices were little changed on Tuesday as the dollar held firm and Treasury yields ticked higher,...

Published 10 Jul, 2024 03:14am

Markets

Dollar steady as traders await clues on US rate path

SINGAPORE: The dollar was broadly steady on Monday as investors awaited further clues to help chart the US interest...

Published 20 May, 2024 09:42am

Markets

Wall St range-bound with weekly gains in sight on rate-cut hopes

NEW YORK: Wall Street’s main indexes were little changed on Friday as investors took a breather from the week’s...

Published 18 May, 2024 05:45am

Markets

Indian shares to open muted as global stocks rally loses steam

BENGALURU: Indian shares are set for a muted start on Friday, after logging their best day in over two weeks in the...

Published 17 May, 2024 10:06am

Markets

Oil prices fall as US business activity cools

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Published 25 Apr, 2024 03:05am

Markets

Oil settles up on ME tensions

NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a...

Published 13 Apr, 2024 03:49am

Business & Finance

Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still...

Published 20 Mar, 2024 11:13pm

Markets

Oil prices climb on small build in US crude stocks

NEW YORK: Oil prices climbed about 2% on Wednesday on a smaller-than-expected build in US crude inventories, a big...

Published 07 Mar, 2024 04:59am

Business & Finance

US dollar slightly down

NEW YORK: The dollar slipped on Thursday after hitting two-week highs the day before as the positive impact of...

Published 05 Jan, 2024 03:12am

Markets

Indian blue-chips stocks end with small gains

BENGALURU: Indian blue-chip stocks ended with small gains on Monday as investors booked profits late in the session...

Published 02 Jan, 2024 05:21am

Markets

Copper dips, but heads for yearly rise

LONDON: Copper prices dipped on Friday, pressured by a firmer dollar, but were on track to achieve a modest gain ...

Published 31 Dec, 2023 03:04am

Markets

Copper, Aluminium retreat on profit-taking

LONDON: Copper prices retreated from the highest in nearly five months on Thursday as investors locked in profits...

Published 29 Dec, 2023 02:58am

Business & Finance

Asian currencies rise on US rate cut hopes

BENGALURU: Most Asian emerging market stocks rose on Thursday, while the Taiwanese dollar and the South Korean won...

Published 29 Dec, 2023 02:58am

World

Fed flags end of rate hikes, sees lower borrowing costs in 2024

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections...

Published 14 Dec, 2023 12:34am

Markets

India’s Nifty 50 posts best month since July 2022

BENGALURU: India’s blue-chip index Nifty 50 logged its biggest monthly gain in November since July 2022, led by...

Published 01 Dec, 2023 04:43am

Business & Finance

Yuan firms on prospects for US rate cuts

SHANGHAI: China’s yuan firmed to its strongest against the US dollar in five months on Wednesday, as the dollar...

Published 30 Nov, 2023 04:53am

Markets

Asian FX rally as markets eye Fed rate cuts

BENGALURU: Emerging Asian currencies and most equities in the region rose on Tuesday after the US dollar touched new...

Published 22 Nov, 2023 05:48am

Business & Finance

Asian currencies, stocks largely up

BENGALURU: South-east Asian currencies rose on Monday, with the Indonesian rupiah and South Korean won leading the...

Published 21 Nov, 2023 06:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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