Trends - European Central Bank

European Central Bank

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

World

Trump, not yet in office, already a figure in global economic policy

WASHINGTON: The world’s economic reckoning with the incoming administration of U.S. President-elect Donald Trump...

Published 19 Dec, 2024 08:23am

Business & Finance

ECB imposes extra capital charge on 13 banks over leverage risk

FRANKFURT: The European Central Bank imposed additional capital charges on 13 euro zone banks this year, judging...

Published 17 Dec, 2024 03:24pm

Business & Finance

ECB’s Lagarde flags more rate cuts if inflation continues to ease

FRANKFURT: The European Central Bank will cut interest rates further if inflation continues to ease towards its 2%...

Published 16 Dec, 2024 01:51pm

Markets

Europe’s STOXX 600 snaps three-week winning streak

FRANKFURT: European stocks slipped on Friday, taking the main benchmark to its first weekly decline in three, as...

Published 14 Dec, 2024 06:46am

Business & Finance

ECB cuts rates again, keeps door open to further cuts

FRANKFURT: The European Central Bank cut interest rates for the fourth time this year on Thursday, by quarter of a...

Published 12 Dec, 2024 08:03pm

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

Aussie drops after RBA softens tone; US dollar steady before CPI

TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on...

Published 10 Dec, 2024 09:50am

Business & Finance

ECB to cut rates again amid bleak eurozone outlook

FRANKFURT: The European Central Bank is expected to cut interest rates again this week amid a darkening outlook,...

Published 09 Dec, 2024 12:30pm

Markets

Loonie, Aussie in focus while US dollar idles

SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings...

Published 09 Dec, 2024 09:52am

Business & Finance

Bitcoin hits $100,000 for first time

NEW YORK: The euro rallied against the dollar on Thursday as French government bonds stabilized a day after the...

Published 06 Dec, 2024 06:58am

Business & Finance

ECB rate cut of 25 bps possible, not more, ECB’s Holzmann tells paper

VIENNA: It is “conceivable” that the European Central Bank will cut interest rates by 25 basis points at its next...

Published 04 Dec, 2024 12:46pm

Markets

Tech surge propels STOXX 600 to near one-week high

FRANKFURT: Europe’s STOXX 600 ended the week on a high note, bolstered by a rally in tech stocks, while investors...

Published 30 Nov, 2024 07:37am

Markets

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

SYDNEY: Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local...

Published 29 Nov, 2024 10:54am

Markets

Yen surges to 150 per dollar amid growing BOJ rate hike bets

TOKYO: The yen jumped as much as 1% to a six-week high at 150 per dollar on Friday, after faster than expected...

Published 29 Nov, 2024 10:10am

Business & Finance

ECB’s Lagarde says trade war in ‘nobody’s interest’, FT reports

European Central Bank President Christine Lagarde told the Financial Times that a trade war at large would be a “net...

Published 28 Nov, 2024 11:39am

Markets

Euro jump, rising yen put brakes on the dollar

SINGAPORE: The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central...

Published 28 Nov, 2024 09:33am

Business & Finance

EU must complete shelved projects to tackle Trump threat, ECB policymakers warn

FRANKFURT: Some of the European Central Bank’s most influential policymakers urged the European Union on Friday to...

Published 25 Nov, 2024 06:15am

Business & Finance

ECB is ‘not almighty’ against weak euro zone growth, de Guindos says

FRANKFURT: The European Central Bank is “not almighty” in reviving the euro zone’s weak growth, which is mostly due...

Published 20 Nov, 2024 03:27pm

Markets

Euro zone yields retrace lower; focus on inflation picture

LONDON: Euro zone government bond yields edged lower on Tuesday, retracing some of the previous day’s rise that came...

Published 19 Nov, 2024 01:26pm

Markets

Dollar rally stalls, giving yen respite

SINGAPORE: The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar...

Published 19 Nov, 2024 10:11am

Markets

Shares rise ahead of Nvidia results; BOJ’s Ueda offers few rate hints

SINGAPORE: Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from...

Published 18 Nov, 2024 10:34am

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

Yen struggles before BOJ decision; dollar steady ahead of jobs data

TOKYO: The yen remained under pressure on Thursday as the Bank of Japan looked set to keep ultra-low interest rates...

Published 31 Oct, 2024 09:40am

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

Markets

Bitcoin at 3-month high as Trump odds drive currencies

SINGAPORE: Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set...

Published 21 Oct, 2024 09:49am

Business & Finance

ECB to keep options open in face of undershooting risk, Villeroy says

PARIS: The European Central Bank is keeping its options fully open at upcoming interest rate meetings as the risk of...

Published 18 Oct, 2024 01:50pm

Markets

Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook

TOKYO: The Australian and New Zealand dollars slumped on Wednesday as scepticism grew about top trading partner...

Published 16 Oct, 2024 10:08am

Business & Finance

With inflation down, ECB eyes faster tempo of rate cuts

FRANKFURT: The European Central Bank is expected to lower interest rates again this week as anxiety about inflation...

Published 14 Oct, 2024 10:59am

Markets

German 10-year yields hit fresh one-month high after Fed minutes, before data

German 10-year yields hit a fresh one-month high on Thursday, tracking moves in US Treasuries after the Federal...

Published 10 Oct, 2024 11:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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European Central Bank

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