Trends - ECB policy - Business Recorder

ECB policy

Deutsche Bank says now expects a faster ECB rate-cutting cycle

LONDON: Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with...

Published 26 Sep, 2024 01:50pm

Business & Finance

ECB cannot commit to rate path even after first cut, Lagarde says

FRANKFURT: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts...

Published 20 Mar, 2024 04:56pm

Business & Finance

ECB keeps rates on hold with inflation still sticky

FRANKFURT: The European Central Bank froze interest rates again on Thursday as it held off from starting to cut...

Updated 07 Mar, 2024 07:01pm

Business & Finance

ECB reports record loss for 2023 as rate hikes bite

FRANKFURT: The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were...

Published 22 Feb, 2024 04:24pm

Markets

ECB’s Lagarde hopes to join economists’ ‘tribe’ she criticised

FRANKFURT: European Central Bank Christine Lagarde said on Thursday she hoped to join the “tribe” of professional...

Published 15 Feb, 2024 05:14pm

Business & Finance

ECB needs more inflation evidence before easing: policymakers

FRANKFURT: The European Central Bank still needs more evidence that inflation is heading back to its 2% target...

Published 08 Feb, 2024 09:21pm

Business & Finance

ECB likely to cut rates in small increments with pauses

ZAGREB: The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts...

Published 30 Jan, 2024 04:44pm

Business & Finance

ECB will start cutting rates sooner or later as inflation eases, De Guindos says

MADRID: The European Central Bank will cut interest ratees sooner or later given recent encouraging inflation...

Published 29 Jan, 2024 01:08pm

ECB keeps rates unchanged

FRANKFURT: The European Central Bank kept interest rates unchanged at a record-high 4% as expected on Thursday and...

Updated 26 Jan, 2024 09:55am

Business & Finance

ECB governors see rising risk of rate hitting 2% to curb inflation

PRAGUE: European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to...

Published 10 Sep, 2022 07:58pm

Business & Finance

ECB ramps up rates by unprecedented 75 bps to fight inflation

FRANKFURT: The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday...

Updated 08 Sep, 2022 10:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00