AIRLINK 196.50 Increased By ▲ 2.94 (1.52%)
BOP 10.18 Increased By ▲ 0.23 (2.31%)
CNERGY 7.78 Decreased By ▼ -0.15 (-1.89%)
FCCL 40.21 Decreased By ▼ -0.44 (-1.08%)
FFL 17.00 Increased By ▲ 0.14 (0.83%)
FLYNG 27.40 Decreased By ▼ -0.35 (-1.26%)
HUBC 133.35 Increased By ▲ 0.77 (0.58%)
HUMNL 13.95 Increased By ▲ 0.06 (0.43%)
KEL 4.72 Increased By ▲ 0.12 (2.61%)
KOSM 6.63 Increased By ▲ 0.01 (0.15%)
MLCF 47.44 Decreased By ▼ -0.16 (-0.34%)
OGDC 214.30 Increased By ▲ 0.39 (0.18%)
PACE 6.95 Increased By ▲ 0.02 (0.29%)
PAEL 41.76 Increased By ▲ 0.52 (1.26%)
PIAHCLA 17.00 Decreased By ▼ -0.15 (-0.87%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.46 Decreased By ▼ -0.18 (-1.87%)
PPL 183.50 Increased By ▲ 1.15 (0.63%)
PRL 42.34 Increased By ▲ 0.38 (0.91%)
PTC 24.95 Increased By ▲ 0.05 (0.2%)
SEARL 109.50 Increased By ▲ 2.66 (2.49%)
SILK 0.99 No Change ▼ 0.00 (0%)
SSGC 42.95 Increased By ▲ 2.85 (7.11%)
SYM 18.40 Increased By ▲ 0.93 (5.32%)
TELE 8.93 Increased By ▲ 0.09 (1.02%)
TPLP 13.00 Increased By ▲ 0.25 (1.96%)
TRG 67.21 Increased By ▲ 0.26 (0.39%)
WAVESAPP 11.48 Increased By ▲ 0.15 (1.32%)
WTL 1.82 Increased By ▲ 0.03 (1.68%)
YOUW 4.00 Decreased By ▼ -0.07 (-1.72%)
BR100 12,216 Increased By 171 (1.42%)
BR30 36,778 Increased By 198.4 (0.54%)
KSE100 115,244 Increased By 1206.6 (1.06%)
KSE30 36,233 Increased By 438.8 (1.23%)

British construction activity slowed in August after reaching a two-year high the month before, as builders worked their way through projects delayed by bad weather earlier in the year, industry data showed on Tuesday.
Financial data company IHS Markit said its monthly purchasing managers' index for the construction industry dropped to a three-month low of 52.9 last month from July's 55.8, below all forecasts in a Reuters poll of economists.
"The construction sector slipped back into a slower growth phase in August, with this summer's catch-up effect starting to unwind after projects were delayed by adverse weather at the start of 2018," survey author Tim Moore said.
The slide follows the weakest manufacturing PMI in more than two years on Monday, but analysts will not have a broad picture of the economy until figures for the much larger services sector are released on Wednesday.
Data released overnight showed robust consumer spending growth, driven by spending at pubs and restaurants, though some high-street shops suffered from hot weather and a long-term challenge from online retailers.
Overall, Britain's economy has slowed in the two years since June 2016's Brexit vote, and the Bank of England raised interest rates last month for only the second time in more than a decade on concern about longer-term inflation pressures.
The PMI survey showed widespread capacity shortages remain, and suppliers were taking the longest to deliver building materials since March 2015. Shorter-run inflation pressures eased, though, with input prices rising at the slowest rate in more than two years.

Copyright Reuters, 2018

Comments

Comments are closed.