Trends - ECB - Business Recorder

ECB

ECB lowers rates again but hints more cuts in doubt

FRANKFURT: The European Central Bank cut interest rates again Thursday to boost the struggling eurozone but ...

Published 07 Mar, 2025 05:45am

Business & Finance

Euro rises to four-month high

NEW YORK: The euro touched a four-month peak against the US dollar on Thursday after the European Central Bank cut...

Published 07 Mar, 2025 05:45am

Markets

STOXX 600 closes flat as ECB boost counters pressures from yields

FRANKFURT: European shares pared declines to close flat on Thursday, after the European Central Bank’s interest...

Published 07 Mar, 2025 05:45am

Business & Finance

ECB cuts interest rates and keeps door ajar to more easing

FRANKFURT: The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even...

Published 06 Mar, 2025 06:34pm

Markets

German bond yields rise as selloff intensifies ahead of ECB

The worst selloff in euro zone government bonds in over 25 years entered a second day on Thursday, as investors...

Published 06 Mar, 2025 12:52pm

Business & Finance

ECB’s Villeroy reaffirms deposit rates could be at 2% by this summer

PARIS: The European Central Bank could cut its deposit rate down to 2% by this summer, said Bank of France head and...

Published 22 Feb, 2025 01:21pm

Markets

ECB rate hikes result in record loss in 2024

FRANKFURT: The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked...

Published 20 Feb, 2025 06:27pm

Business & Finance

ECB getting closer to rate cut pause, Schnabel says

FRANKFURT: The European Central Bank is getting closer to a pause in interest cuts since it is no longer clear that...

Published 19 Feb, 2025 06:51pm

Business & Finance

UniCredit says it is complying with ECB order after Russian revenue rise

LONDON: Italy’s UniCredit on Tuesday reported a rise in revenues last year from its Russia business but said it had...

Published 11 Feb, 2025 05:26pm

Business & Finance

ECB’s Villeroy says Trump tariffs will increase economic uncertainty

PARIS: Trade tariffs imposed by U.S. President Donald Trump will increase economic uncertainty, French central bank...

Published 03 Feb, 2025 01:44pm

Sports

ECB boss promises England review after Women’s Ashes whitewash

Deputy CEO Clare Connor has promised that the England and Wales Cricket Board (ECB) will launch an “honest” review...

Published 03 Feb, 2025 01:24pm

Business & Finance

ECB cuts rate again as eurozone falters, with eye on Trump

FRANKFURT: The European Central Bank made a fresh interest rate cut Thursday as inflation eases and the eurozone...

Published 31 Jan, 2025 02:31am

Markets

STOXX 600 closes at record high after ECB cuts rates

FRANKFURT: Europe’s benchmark index closed at a record high on Thursday, led by real estate stocks, as investors...

Published 31 Jan, 2025 02:31am

Business & Finance

Europe needs to take page out of US book: IMF

DAVOS, (Switzerland): With the European economy lagging behind the United States, the head of the International...

Published 25 Jan, 2025 06:22am

Business & Finance

ECB risks credibility cutting rates when inflation rising faster than expected, says Holzmann

BERLIN: The European Central Bank risks hurting its credibility if it cuts interest rates when inflation rises...

Published 20 Jan, 2025 12:10pm

Sports

UK politicians urge England to boycott Afghanistan match over treatment of women

A group of British lawmakers urged England to boycott their Champions Trophy match against Afghanistan next month,...

Published 07 Jan, 2025 01:36pm

Markets

Cryptocurrencies growing more popular in eurozone: ECB

FRANKFURT: The number of eurozone consumers who own cryptocurrencies has more than doubled in the past two years,...

Published 19 Dec, 2024 06:48pm

Business & Finance

ECB proposes EU-wide disaster insurance system

PARIS: The European Central Bank and the EU’s insurance regulator published Wednesday a proposal to create a...

Published 19 Dec, 2024 05:57am

Sports

Bangladesh’s Shakib Al Hasan banned from bowling in ECB competitions

LONDON: Bangladesh all-rounder Shakib Al Hasan has been banned from bowling in England and Wales Cricket Board...

Published 13 Dec, 2024 11:39pm

Business & Finance

ECB cuts rates again as eurozone hit by economic, political woes

FRANKFURT: The European Central Bank cut interest rates again Thursday, citing a worsening growth outlook and ...

Published 13 Dec, 2024 06:29am

Markets

ECB to cut interest rates again, signal further easing as growth falters

FRANKFURT: The European Central Bank is all but certain to cut interest rates again on Thursday and signal further...

Published 12 Dec, 2024 01:40pm

Markets

European shares settle at one-month high

FRANKFURT: European stocks closed at a one-month high on Tuesday, with Germany’s DAX briefly touching the 20,000...

Published 04 Dec, 2024 03:14am

Business & Finance

Italy’s UniCredit launches surprise $11 bln all-share bid for Banco BPM

MILAN: Italy’s UniCredit on Monday launched a surprise 10 billion euro ($11 billion) all-share offer for smaller...

Published 25 Nov, 2024 01:32pm

Business & Finance

ECB policymaker says Trump tariff hikes won’t shift Europe’s inflation outlook

TOKYO: Tariff hikes under the new Trump administration do not shift the inflation outlook in Europe, ECB policymaker...

Published 21 Nov, 2024 10:55am

Markets

European stocks sink

FRANKFURT: Europe’s main stock index touched its lowest level in three months on Tuesday, as escalating...

Published 20 Nov, 2024 06:45am

Business & Finance

ECB’s Nagel says Trump’s tariffs may have minor impact on inflation

FRANKFURT: The tariffs promised by US President-elect Donald Trump would upend international trade but may...

Published 18 Nov, 2024 02:16pm

Business & Finance

Trade war would weigh on Europe’s already weak outlook, ECB warns

LONDON: Euro zone growth may be weaker than earlier thought and fresh barriers to global trade could lead to a...

Published 07 Nov, 2024 06:16am

Markets

STOXX 600 jumps 1pc as banks lead market rebound

FRANKFURT: Europe’s main stock index notched its biggest one-day gain in five weeks on Friday, as banks led an...

Published 02 Nov, 2024 06:15am

Business & Finance

Dollar eases after US data

NEW YORK: The dollar eased broadly on Thursday after US data suggested upward price pressures continue to ease,...

Published 01 Nov, 2024 06:51am

Markets

No urgency for ECB to speed up policy easing, Wunsch says

There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small,...

Published 28 Oct, 2024 11:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 26	150.14
USD to Swiss Franc / Mar 26	0.88
Pound Sterling to USD / Mar 26	1.29
Euro to USD / Mar 26	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
Nasdaq / Mar 25	18,271.86
Dow Jones / Mar 25	42,587.50
India Sensex / Mar 26	77,971.12
Tokyo Nikkei / Mar 26	38,027.29
Hang Seng / Mar 26	23,483.32
FTSE 100 / Mar 26	8,660.31
Germany DAX 30 / Mar 26	22,923.69
France CAC40 / Mar 26	8,042.59

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Crude Oil USD/Barrel / Mar 26	69.26
Gold Spot USD/Ounce / Mar 26	3,018.44
Cotton US¢/pound / Mar 26	65.37
Petrol/Litre / Mar 27	255.63
Diesel/Litre / Mar 27	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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