Trends - Bank of England - Business Recorder

Bank of England

UK inflation unexpectedly falls, core price measures slow by more

LONDON: British inflation unexpectedly slowed last month and core measures of price growth - tracked by the Bank of...

Published 15 Jan, 2025 12:34pm

Business & Finance

China central bank governor Pan meets BOE’s Bailey in Beijing

SHANGHAI: People’s Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on...

Published 12 Jan, 2025 11:03am

World

Facing market pain, UK’s Reeves says ‘pragmatic’ China ties will help growth

BEIJING: British finance minister Rachel Reeves, facing criticism for travelling to China during financial market...

Published 11 Jan, 2025 10:37am

Markets

Buoyant dollar keeps pound, euro and yen under pressure

SINGAPORE: The U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen,...

Published 09 Jan, 2025 08:07am

Business & Finance

Brace! Risks stack up for the global economy in 2025

No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new...

Published 23 Dec, 2024 11:34am

Business & Finance

Sterling set to end week in red

LONDON: Sterling held up against the dollar on Friday but was set to end the week lower after coming under pressure...

Published 23 Dec, 2024 06:49am

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 15	278.85
USD PKR Interbank Buying / Jan 15	278.70
USD to Japanese Yen / Jan 15	157.36
USD to Swiss Franc / Jan 15	0.91
Pound Sterling to USD / Jan 15	1.22
Euro to USD / Jan 15	1.03

Stock	Volume
S&P 500 / Jan 14	5,842.91
Nasdaq / Jan 14	19,044.39
FTSE 100 / Jan 14	8,201.54
Dow Jones / Jan 14	42,518.28
Germany DAX 30 / Jan 14	20,271.33
France CAC40 / Jan 14	7,423.67
India Sensex / Jan 15	76,746.81
Tokyo Nikkei / Jan 15	38,379.49

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Karachi Cotton PKR/37.32 KG / Jan 14	18,785
Petrol/Litre / Jan 15	252.66
Crude Oil USD/Barrel / Jan 15	77.93
Gold Spot USD/Ounce / Jan 15	2,681.51
Diesel/Litre / Jan 15	258.34

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Jan 15 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.53 (12.93%)
First Elite Cap.Mod / Jan 15 First Elite Capital Modaraba(FECM)	6.35 ▲ 0.68 (11.99%)
Parmount Sp. / Jan 15 Paramount Spinning Mills Limited(PASM)	5 ▲ 0.50 (11.11%)
Service Textile / Jan 15 Service Industries Textiles Limited(SERT)	15.13 ▲ 1.38 (10.04%)
Power Cem(Pref) / Jan 15 Power Cement (Pref)(POWERPS)	12.29 ▲ 1.12 (10.03%)
Gulistan Sp. / Jan 15 Gulistan Spinning Mills Limited(GUSM)	11.65 ▲ 1.06 (10.01%)
BF Biosciences / Jan 15 BF Biosciences Limited(BFBIO)	231.30 ▲ 21.03 (10.00%)
LSE Financial Serv. / Jan 15 LSE Financial Services Limited(LSEFSL)	17.49 ▲ 1.59 (10.00%)
Otsuka Pakistan / Jan 15 Otsuka Pakistan Limited(OTSU)	186.36 ▲ 16.94 (10.00%)

Stock	Price
Universal Ins. / Jan 15 The Universal Insurance Company Limited(UVIC)	9.71 ▼ -1.08 (-10.01%)
Sana Ind / Jan 15 Sana Industries Limited(SNAI)	30.89 ▼ -2.54 (-7.60%)
Ali Asghar / Jan 15 Ali Asghar Textile Mills Limited(AATM)	49.51 ▼ -3.64 (-6.85%)
Blessed Tex. / Jan 15 Blessed Textiles Limited(BTL)	321.51 ▼ -23.00 (-6.68%)
PICIC Ins.Ltd. / Jan 15 PICIC Insurance Limited(PIL)	3.15 ▼ -0.22 (-6.53%)
Zahid Jee Textile / Jan 15 Zahidjee Textile Mills Limited(ZAHID)	26.35 ▼ -1.65 (-5.89%)
Faisal Sp. / Jan 15 Faisal Spinning Mills Limited(FASM)	315 ▼ -19.63 (-5.87%)
Habib Rice Products / Jan 15 Habib Rice Product Limited(HRPL)	31.06 ▼ -1.81 (-5.51%)
Unicap Modaraba / Jan 15 Unicap Modaraba(UCAPM)	2.92 ▼ -0.16 (-5.19%)

Stock	Volume
Cnergyico PK / Jan 15 Cnergyico PK Limited(CNERGY)	42,527,928 ▼ -0.04
Pak Refinery / Jan 15 Pakistan Refinery Limited(PRL)	38,586,015 ▲ 1.96
K-Electric Ltd. / Jan 15 K-Electric Limited(KEL)	33,447,471 ▲ 0.00
WorldCall Telecom / Jan 15 Worldcall Telecom Limited(WTL)	29,525,333 ▲ 0.01
Sui South Gas / Jan 15 Sui Southern Gas Company Limited(SSGC)	26,679,632 ▼ -0.54
Hascol Petrol / Jan 15 Hascol Petroleum Limited(HASCOL)	26,398,810 ▲ 0.06
TRG Pak Ltd / Jan 15 TRG Pakistan Limited(TRG)	22,851,338 ▲ 3.91
Telecard Limited / Jan 15 Telecard Limited(TELE)	19,836,175 ▼ -0.17
Pak Stock Exchange / Jan 15 Pakistan Stock Exchange Limited(PSX)	16,136,998 ▼ -0.24

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