Trends - eurozone - Business Recorder

eurozone

Euro zone households could increase consumption, ECB chief economist says

Euro zone households are likely to reduce their savings this year and consume more of their disposable income,...

Published 15 Jan, 2025 11:10am

Business & Finance

Eurozone inflation rises, likely forcing slower ECB rate cuts

BRUSSELS, Belgium: Eurozone inflation rose in December as energy prices slightly ticked up, official data showed...

Published 08 Jan, 2025 06:26am

Business & Finance

Bulgaria may meet euro accession criteria soon: EU Commissioner

FRANKFURT: Bulgaria may meet all the conditions for joining the euro zone in the next few months and the European...

Published 16 Dec, 2024 03:25pm

Markets

Euro area bond yields edge higher after ECB flags caution

LONDON: Euro zone bond yields rose on Friday, a day after the European Central Bank (ECB) cut interest rates but...

Published 13 Dec, 2024 02:06pm

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

Editorials

Trump tariffs and trade wars

EDITORIAL: Donald Trump’s return to the White House could not have come at a worse time for the Eurozone, just ...

Updated 08 Nov, 2024 08:32am

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

World

Will Hungary hijack the EU during its presidency?

BRUSSELS: Hungary takes over the European Union’s six-month rotating presidency on July 1, in the face of fears...

Published 24 Jun, 2024 11:58am

Business & Finance

Eurozone business activity growth slows sharply in June

BRUSSELS: The growth of business activity in the eurozone slowed down in June after the manufacturing sector posted...

Updated 24 Jun, 2024 08:38am

World

Geopolitical tensions threaten eurozone stability: ECB

FRANKFURT, (Germany): Geopolitical tensions and policy uncertainty in a year featuring many elections worldwide...

Published 17 May, 2024 05:50am

Business & Finance

Eurozone inflation falls faster than expected in March

BRUSSELS: The eurozone’s annual rate of inflation dropped further than expected in March, official data showed...

Published 08 Apr, 2024 04:46am

Markets

Dollar steady as PCE data sets up June rate cut bets; yen in focus

SINGAPORE: The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal...

Published 01 Apr, 2024 09:44am

Markets

Euro zone govt bond yields tick up after Fed’s Waller remarks

PARIS: Euro zone bond yields edged up on Thursday after Federal Reserve Governor Christopher Waller advocated a...

Published 01 Apr, 2024 05:34am

Business & Finance

Eurozone inflation dips further in February

BRUSSELS: Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was ...

Published 04 Mar, 2024 04:15am

Markets

Dollar waits on US inflation reading, bitcoin tops $60,000

SINGAPORE: The US dollar was firm and the yen was headed for a monthly loss in the lead up to US inflation data that...

Published 29 Feb, 2024 09:50am

World

Instant payments will soon be available across EU

BRUSSELS, (Belgium): Bank customers will soon be able to transfer money across Europe within seconds after the EU...

Published 27 Feb, 2024 03:06am

World

EU cuts growth and inflation forecasts for 2024

BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,...

Published 16 Feb, 2024 06:02am

Business & Finance

Flatlining eurozone economy narrowly dodges recession

BRUSSELS: The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in ...

Published 31 Jan, 2024 05:22am

Business & Finance

Eurozone business activity downturn deepens in Dec

BRUSSELS: Business activity in the eurozone slumped at a faster rate in December, weighed down by a deeper downturn...

Published 18 Dec, 2023 06:42am

Business & Finance

Euro zone recession fears harden as surveys show grim start to Q4

LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services...

Published 07 Nov, 2023 06:33am

Business & Finance

Eurozone economy shrinks as inflation falls further

BRUSSELS: The eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank’s painful...

Published 06 Nov, 2023 05:27am

Business & Finance

German economy likely shrunk in Q3: Bundesbank

FRANKFURT: Germany’s economy likely contracted in the third quarter, the Bundesbank said in a monthly report on...

Published 30 Oct, 2023 05:24am

Business & Finance

Eurozone banks tighten credit standards further: ECB

FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a...

Published 30 Oct, 2023 05:24am

Business & Finance

Eurozone business activity going from ‘bad to worse’

BRUSSELS: Eurozone business activity slumped at a faster pace in October, resulting in job losses, a closely watched...

Published 25 Oct, 2023 06:19am

Business & Finance

Global business activity showed signs of slowdown in August

LONDON: Global business activity largely slowed further last month as services firms struggled in the face of weak...

Published 11 Sep, 2023 06:32am

Business & Finance

Eurozone economic downturn steepens in July

BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered...

Published 25 Jul, 2023 06:20am

Business & Finance

ECB to tighten monitoring of banks’ liquidity

BERLIN: The European Central Bank (ECB) announced Saturday it wants to monitor the liquidity of banks in the ...

Published 23 Jul, 2023 03:25am

Markets

Eurozone blue-chips slide on China weakness

PARIS: Eurozone blue-chip stocks fell on Wednesday as tech shares were pressured ahead of US Federal Reserve’s...

Published 06 Jul, 2023 05:42am

Business & Finance

‘No victory yet’, ECB says as inflation slows in key countries

FRANKFURT: Falling inflation in top eurozone economies is “positive” news, a senior European Central Bank...

Published 05 Jun, 2023 03:27am

Business & Finance

Eurozone economic growth slows in May

BRUSSELS: Economic growth in the eurozone edged down in May to a three-month low because of a drop in industrial...

Published 29 May, 2023 04:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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