Trends - Bank of England - Business Recorder

Bank of England

BoE holds interest rate after inflation rise

LONDON: The Bank of England on Thursday kept its key interest rate at 4.75 percent, deciding against a cut in line...

Published 19 Dec, 2024 05:27pm

Business & Finance

Investors trim bets again on Bank of England rate cuts in 2025

LONDON: Investors reduced further their bets on how quickly the Bank of England will cut interest rates next year...

Published 19 Dec, 2024 02:28pm

Business & Finance

Further hike in UK inflation hits rate cut chance

LONDON: UK annual inflation climbed further above the Bank of England’s target rate in November, official data...

Published 18 Dec, 2024 01:51pm

Markets

Sterling falls after UK GDP unexpectedly contracts in October

LONDON: The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could...

Published 13 Dec, 2024 02:12pm

Business & Finance

UK employers cut growth forecasts as tax hikes weigh on economy

LONDON: One of Britain’s leading employers’ groups on Friday cut its estimate for economic growth next year due to...

Published 06 Dec, 2024 11:38am

Business & Finance

Bank of England warns of risks from rise in global trade barriers

LONDON: The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty...

Published 29 Nov, 2024 08:39pm

Business & Finance

UK annual inflation jumps on higher energy bills

LONDON: Britain’s annual inflation rate jumped more than expected in October to back above the Bank of England’s...

Published 20 Nov, 2024 01:59pm

Business & Finance

BoE’s Pill urges cautious approach to cutting interest rates

LONDON: Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with...

Published 04 Oct, 2024 02:03pm

Markets

UK 10-year gilt yields briefly rise above 4%

LONDON: British 10-year government bond yields briefly rose above 4% on Thursday for the first time in just over...

Published 26 Sep, 2024 02:23pm

Business & Finance

Bank of England holds rate steady after jumbo US cut

LONDON: The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts...

Published 19 Sep, 2024 05:19pm

Markets

London stocks jump after Fed rate cut; BoE policy verdict eyed

UK shares rose on Thursday, tracking gains in global equities after the Federal Reserve initiated a 50-basis-point...

Published 19 Sep, 2024 01:30pm

Markets

Sterling rises vs dollar after Fed; BoE in focus

Sterling rose against a weakening dollar after the Federal Reserve cut interest rates by 50 basis points, with...

Published 19 Sep, 2024 01:18pm

Markets

Dollar wobbles toward Fed decision

SINGAPORE: The dollar wavered on Wednesday, while the yen regained some lost ground as investors made last-minute...

Published 18 Sep, 2024 08:36am

Markets

Currencies listless as markets waffle over Fed rate cut

SINGAPORE: The yen lounged around its highest levels for the year on Monday in trading thinned by a holiday in...

Published 16 Sep, 2024 10:23am

Markets

Sterling edges up versus dollar and euro after UK data

Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the view that the British...

Published 10 Sep, 2024 02:35pm

Business & Finance

BoE cuts rates from 16-year high

LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its ...

Published 02 Aug, 2024 06:40am

Business & Finance

Bank of England cuts rates from 16-year high, ‘careful’ on future moves

LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from...

Published 01 Aug, 2024 05:43pm

Markets

Europe’s STOXX 600 gains as earnings flourish

PARIS: European shares closed higher on Tuesday, boosted by earnings-driven gains across several pockets of the...

Published 31 Jul, 2024 06:50am

Markets

Copper loses ground on weak Chinese demand

LONDON: Copper prices slid on Monday on Chinese demand concerns and high inventories, while market participants...

Published 30 Jul, 2024 03:10am

Business & Finance

BoE unveils new stability tool to soothe gilt market ructions

LONDON: The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension...

Published 25 Jul, 2024 07:08am

Business & Finance

BoE plans expanded repo facilities to avert money market crunch

LONDON: The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as...

Published 23 Jul, 2024 08:29am

Business & Finance

BoE reports problems with major payments system

LONDON: The Bank of England said on Thursday that a “global payments issue” was affecting the interbank payments...

Published 19 Jul, 2024 06:05am

Business & Finance

Bank of England allots record 29 billion pounds in weekly repo

LONDON: The Bank of England allotted a record 29.076 billion pounds ($37.8 billion) on Thursday in its weekly...

Published 18 Jul, 2024 03:24pm

Markets

Dollar adrift ahead of US inflation test; sterling firms

SINGAPORE: The dollar fell a touch on Thursday although moves were largely subdued ahead of a US inflation report...

Published 11 Jul, 2024 10:59am

World

Bank of England warns of economic risks from elections

LONDON: Policy uncertainty linked to upcoming elections in France and the United States has increased the risk of...

Published 27 Jun, 2024 06:51pm

Business & Finance

Bank of England keeps rates at 5.25% ahead of UK election

LONDON: The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% on Thursday ahead of a...

Updated 20 Jun, 2024 05:30pm

Markets

Asian stocks hold on to gains; BoE in focus

SINGAPORE: Asian stocks took a breather on Thursday, hovering near their highest in two years as traders waited for...

Published 20 Jun, 2024 10:19am

Markets

Sterling steady ahead of BoE decision; dollar wobbles against yen

SINGAPORE: The British pound held broadly steady on Thursday ahead of a rate decision from the Bank of England (BoE)...

Published 20 Jun, 2024 09:54am

Business & Finance

UK inflation slowdown unlikely to shift vote, rate outcomes

LONDON: Britain’s inflation rate has slowed to a near three-year low, official data showed Wednesday, but the ...

Published 20 Jun, 2024 06:01am

Markets

London stocks wobble after drop in services inflation

London stocks fell on Wednesday as investors juggled Britain’s headline inflation hitting the Bank of England’s...

Published 19 Jun, 2024 01:38pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Bank of England

Most Popular