Trends - Bank of England - Business Recorder

Bank of England

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

Markets

Dollar steadies; sterling dips ahead of inflation test

SINGAPORE: The dollar was nursing losses on Wednesday after soft US retail sales data reinforced bets of imminent...

Published 19 Jun, 2024 10:05am

Markets

Sterling eases ahead of BoE rate decision this week

LONDON: The pound eased modestly on Monday, ahead of a policy meeting by the Bank of England this week at which the...

Published 17 Jun, 2024 03:30pm

Life & Style

King Charles banknotes enter circulation in UK

LONDON: Banknotes featuring a portrait of King Charles entered circulation in Britain on Wednesday, nearly two years...

Published 05 Jun, 2024 02:20pm

Markets

Dollar wallows at multi-month lows as Fed cut bets firm

TOKYO: The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a...

Published 04 Jun, 2024 09:50am

Markets

Dollar hovers near highest in a week after hawkish Fed minutes

TOKYO: The dollar hovered near a one-week high on Thursday following its best day this month against its major peers...

Published 23 May, 2024 09:50am

Business & Finance

IMF cautions on timing of UK rate cut

LONDON: The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start...

Published 21 May, 2024 05:29pm

Business & Finance

Dollar weaker against most currencies, pound recovers

NEW YORK: The dollar weakened against most currencies on Monday after economic data showed more signs of softening ...

Published 10 May, 2024 04:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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