Trends - currency depreciation

currency depreciation

FE-25 financing indicating imminent currency adjustment?

The currency market looks confused. Over the past twelve months, export financing – both pre- and post-shipment –...

Published 05 Jul, 2024 08:33am

Business & Finance

FD setting dollar value at Rs295: Traders likely to experience additional currency depreciation: PBF

LAHORE: The Pakistan Business Forum (PBF) has warned that the business community is likely to experience additional...

Published 03 Jun, 2024 06:30am

BR Research

OMC volumes: some surge in retail fuels

The oil marketing segment has been hit hard by weaker volumes amid escalating prices, shrinking margins, weaker...

Published 05 Sep, 2023 08:50am

BR Research

Investor confidence at its weakest

News on the investment front has been gloomy amid the political and economic crisis; foreign direct investment in ...

Published 03 Jul, 2023 10:12am

BR Research

MPS: No good news

The monetary policy meeting is due on Monday (12th June). The market is expecting no change, based on a few surveys...

Published 08 Jun, 2023 07:54am

BR Research

E-commerce in Pakistan - where it stands

While not entirely in tandem with the global growth of cross-border commerce, borderless business, and international...

Published 23 May, 2023 08:48am

BR Research

Taming the beast

Inflation numbers in Pakistan are sounding like a broken record, outpacing each predecessor month after month. The...

Published 03 May, 2023 08:53am

BR Research

Gas politics

The government has finally increased the gas prices across the board. This is in line with the IMF, in order to...

Published 15 Feb, 2023 09:43am

BR Research

The fallacy of “relief”

Almost all the governments in Pakistan throughout history– be it a democratic or an authoritative regime—have...

Published 02 Jan, 2023 09:41am

BR Research

OGDCL – improved production in FY23?

Oil and Gas Development Company Limited (PSX: OGDCL) - the largest oil and gas exploration and production company ...

Published 26 Sep, 2022 08:56am

BR Research

Remittances intact – for now

The first two months of FY23 have posted a decline of 3.2 percent year-on-year. After a weakJuly, August 2022 ...

Published 14 Sep, 2022 08:49am

BR Research

Telecom Industry: A perfect storm

The Telecom revolution in Pakistan took place in the early 2000s due to the deregulation of the industry. As a...

Published 05 Aug, 2022 08:49am

BR Research

Remittances tapering off?

Remittances for April 2022 touched the highest ever monthly level of $3 billion. While remittances have continued to...

Published 14 Jun, 2022 08:28am

BR Research

Get ready for lattha-flation?

As a global price spiral tightens its noose around most agricultural commodities – food and cash – cotton has...

Published 13 Jun, 2022 06:04am

BR Research

Fix the HSD subsidy first!

The subsidy on diesel is growing. And so is the consumption (on papers). National sale of high-speed diesel (HSD)...

Published 20 May, 2022 09:48am

BR Research

Rising financing needs

Today is a T-Bill auction. The fiscal financing needs are growing, while the avenues to finance are drying. SBP...

Published 18 May, 2022 08:32am

Business & Finance

Indus Motor Company suspends bookings of all Toyota vehicles in Pakistan

Says currency volatility reason behind decision

Published 08 Apr, 2022 01:16am

BR Research

In the eye of storm!

Amidst ominous political developments in the capital, the monthly inflation reading from PBS seems to have fallen on...

Published 04 Apr, 2022 07:46am

BR Research

Autos on auto-pilot

Management at Indus Motors (PSX: INDU), the assembler that sells Toyota vehicles in Pakistan believes that...

Published 18 Mar, 2022 08:07am

BR Research

MPS: a contrarian bet?

SBP has kept the policy rate unchanged. Global commodity prices are in a super cycle. Fiscal policy is absorbing...

Updated 09 Mar, 2022 10:34am

BR Research

Fiscal report card: 1HFY22

The fiscal report card is not bad given the macro situation. The tax revenues growth jacked up due to higher...

Published 14 Feb, 2022 08:26am

BR Research

POL in 1HFY22

Pakistan Oilfields Limited (PSX: POL) announced its financial performance for 1HFY22 last week where its earrings...

Published 07 Feb, 2022 08:01am

BR Research

Monetary Policy – Bold decision

No change as expected. The markets took forward guidance with a surprise. SBP has shown clear indications of not...

Published 25 Jan, 2022 08:07am

BR Research

CPI: no respite!

The headline inflation clocked at 12.3 percent in Dec 21 –highest since Feb20. It was expected. The CPI index...

Published 03 Jan, 2022 08:06am

BR Research

CAD: A tale of two import numbers

The current account deficit (CAD) at $1.9 billion in November surprised many. Hawks may get sidelined. Based on PBS...

Updated 22 Dec, 2021 12:13pm

BR Research

Car prices: Carrot failure

Car prices are increasing. Assemblers are facing cost pressures due to currency depreciation, increase in commodity...

Updated 10 Nov, 2021 02:07pm

BR Research

Allied Bank: steady profits

Allied Bank Limited (ABL) posted another quarter of profitability growth, albeit in low single digit. The yields on...

Published 29 Oct, 2021 07:25am

BR Research

Equity market: Where now?

September 2021 was the worst in terms of returns at KSE-100, since the Covid-induced freefall in March 2020. What is...

Published 05 Oct, 2021 07:25am

BR Research

Currency diary

The currency is under pressure. After crossing 164, the PKR/USD closed at 163.89 yesterday. This is the lowest level...

Updated 04 Aug, 2021 09:34am

BR Research

SHEL – three quarters of recovery!

2020 was a bleak year for companies including the ones in the oil marketing segment. It was no different for Shell...

Published 26 Apr, 2021 07:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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currency depreciation

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