The European Central Bank (ECB) will deliver its initial 25 basis points interest rate cut in April next year, followed by consecutive cuts until January 2025, Barclays economists said in a note.
ECB set to hold rates as inflation drifts downwards
ECB on Thursday pushed back bets of imminent interest rate cuts by reaffirming that borrowing costs would remain at record highs, despite lower inflation expectations.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Dec 18
|
278.55
|
|
USD PKR Interbank Buying
/ Dec 18
|
278.25
|
|
USD to Japanese Yen
/ Dec 18
|
153.63
|
|
USD to Swiss Franc
/ Dec 18
|
0.89
|
|
Pound Sterling to USD
/ Dec 18
|
1.27
|
|
Euro to USD
/ Dec 18
|
1.05
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Dec 17
|
6,050.61
|
|
Nasdaq
/ Dec 17
|
20,109.06
|
|
Dow Jones
/ Dec 17
|
43,449.90
|
|
India Sensex
/ Dec 18
|
80,231.76
|
|
Tokyo Nikkei
/ Dec 18
|
39,081.71
|
|
Hang Seng
/ Dec 18
|
19,857.31
|
|
FTSE 100
/ Dec 18
|
8,222.99
|
|
Germany DAX 30
/ Dec 18
|
20,267.35
|
| Item | Value |
|---|---|
|
Gold 10 Grams PKR
/ Dec 17
|
241,860
|
|
Petrol/Litre
/ Dec 18
|
252.10
|
|
Crude Oil USD/Barrel
/ Dec 18
|
70.43
|
|
Karachi Cotton PKR/37.32 KG
/ Dec 18
|
17,585
|
|
Gold Spot USD/Ounce
/ Dec 18
|
2,644.54
|
|
Diesel/Litre
/ Dec 18
|
255.38
|
| Stock | Price |
|---|---|
|
LSE Capital
/ Dec 18
LSE Capital Limited(LSECL)
|
6.70
▲ 1.00
(17.54%)
|
|
S.G.Power
/ Dec 18
S.G. Power Limited(SGPL)
|
9.17
▲ 1.00
(12.24%)
|
|
Faran Sugar (R)
/ Dec 18
Faran Sugar Mills Limited (R)(FRSMR)
|
9.43
▲ 1.00
(11.86%)
|
|
Gulshan Sp.
/ Dec 18
Gulshan Spinning Mills Limited(GSPM)
|
4.47
▲ 0.42
(10.37%)
|
|
Aisha Steel Mill
/ Dec 18
Aisha Steel Mills Limited(ASL)
|
11.06
▲ 1.01
(10.05%)
|
|
Oilboy Energy
/ Dec 18
Oilboy Energy Limited(OBOY)
|
11.50
▲ 1.05
(10.05%)
|
|
Suhail Jute
/ Dec 18
Suhail Jute Mills Limited(SUHJ)
|
61.55
▲ 5.60
(10.01%)
|
|
Attock Cement
/ Dec 18
Attock Cement Pakistan Limited(ACPL)
|
259.27
▲ 23.57
(10.00%)
|
|
AL-Ghazi Tractors
/ Dec 18
Al-Ghazi Tractors Limited(AGTL)
|
564.23
▲ 51.29
(10.00%)
|
| Stock | Price |
|---|---|
|
National Bank
/ Dec 18
National Bank of Pakistan(NBP)
|
66.38
▼ -7.38
(-10.01%)
|
|
First Imrooz Mod.
/ Dec 18
First Imrooz Modaraba(FIMM)
|
180.01
▼ -19.99
(-10.00%)
|
|
Imperial Limited
/ Dec 18
Imperial Limited(IML)
|
20.16
▼ -2.24
(-10.00%)
|
|
J.A.Textile
/ Dec 18
J.A. Textile Mills Limited(JATM)
|
44.37
▼ -4.93
(-10.00%)
|
|
Macter Int. Ltd
/ Dec 18
Macter International Limited(MACTER)
|
331.40
▼ -36.82
(-10.00%)
|
|
Mari Petroleum
/ Dec 18
Mari Petroleum Company Limited(MARI)
|
728.78
▼ -80.98
(-10.00%)
|
|
Synthetic Prod
/ Dec 18
Synthetic Products Enterprises Limited(SPEL)
|
45.89
▼ -5.10
(-10.00%)
|
|
Biafo Ind.
/ Dec 18
Biafo Industries Limited(BIFO)
|
198.85
▼ -22.08
(-9.99%)
|
|
Bilal Fibres
/ Dec 18
Bilal Fibres Limited(BILF)
|
12.61
▼ -1.40
(-9.99%)
|
| Stock | Volume |
|---|---|
|
WorldCall Telecom
/ Dec 18
Worldcall Telecom Limited(WTL)
|
151,921,663
▼ -0.15
|
|
Pak Elektron
/ Dec 18
Pak Elektron Limited(PAEL)
|
107,502,606
▲ 0.34
|
|
Cnergyico PK
/ Dec 18
Cnergyico PK Limited(CNERGY)
|
67,234,901
▼ -0.51
|
|
B.O.Punjab
/ Dec 18
The Bank of Punjab(BOP)
|
60,136,151
▲ 0.13
|
|
Pak Refinery
/ Dec 18
Pakistan Refinery Limited(PRL)
|
55,973,468
▼ -1.00
|
|
K-Electric Ltd.
/ Dec 18
K-Electric Limited(KEL)
|
46,669,770
▼ -0.33
|
|
Sui South Gas
/ Dec 18
Sui Southern Gas Company Limited(SSGC)
|
42,923,281
▲ 1.67
|
|
PIA Holding Co.Ltd
/ Dec 18
PIA Holding Company Limited(PIAHCLA)
|
36,897,118
▼ -0.46
|
|
Aisha Steel Mill
/ Dec 18
Aisha Steel Mills Limited(ASL)
|
36,858,206
▲ 1.01
|
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