Trends - interest rate hike - Business Recorder

interest rate hike

Interest rates to stay high, dampen growth: IMF

LONDON: The head of the International Monetary Fund said on Wednesday that international cooperation in a divided...

Published 26 Oct, 2023 06:08am

Markets

Copper prices slip as tepid demand, economic woes linger

BEIJING: London copper prices slipped on Friday, as demand concerns and a gloomy global economic outlook offset...

Published 02 Jun, 2023 10:49am

Oil rebounds, but still on track for biggest weekly declines

NEW YORK: Oil prices gained around a dollar on Friday, but global benchmarks were set for their biggest weekly...

Updated 10 Dec, 2022 09:59am

Business & Finance

Sterling rises, but set for largest weekly fall in six weeks

LONDON: Sterling rose on Friday but was still set for its largest weekly decline in six weeks after losing 2%...

Published 07 Nov, 2022 05:48am

Markets

Wall Street drops as megacaps weigh amid Fed rate debate

NEW YORK: Wall Street’s main indexes fell on Monday, bogged down by a drop in shares of Apple and other megacaps,...

Published 01 Nov, 2022 05:55am

Markets

Iron ore falls

MANILA: Ferrous futures in top steel producer and exporter China fell on Wednesday, with iron ore hitting a two-week...

Published 22 Sep, 2022 06:23am

Markets

Wall Street posts gains driven by banks, healthcare

NEW YORK: Wall Street’s main indexes posted modest gains on Thursday mainly lifted by financial institutions and...

Published 09 Sep, 2022 06:09am

Business & Finance

Indonesia central bank will not hesitate to hike rate when inflation picks up-gov

NUSA DUA: Indonesia central bank governor Perry Warjiyo said on Sunday when the country’s inflation starts picking...

Published 17 Jul, 2022 10:39am

Fed official signals willingness to hike interest rates full percentage point

Believes US economy can avoid downturn due to strong job market

Updated 15 Jul, 2022 10:40am

Markets

Global stocks mixed as eurozone inflation hits record

NEW YORK: Wall Street stocks shrugged off early weakness to begin the second half of 2022 on a solid note Friday, ...

Published 04 Jul, 2022 06:17am

Business & Finance

Credit Suisse scraps negative rates for Swiss private clients

ZURICH: Credit Suisse is scrapping the negative interest rates it has charged wealthy Swiss clients since 2020, the...

Published 30 Jun, 2022 07:46am

Markets

Gold gains as dollar pulls back ahead of Fed verdict

LONDON: Gold prices rose more than 1% on Wednesday helped by a tepid US dollar, as investors braced for a ...

Published 16 Jun, 2022 08:10am

Markets

Gulf bourses end mixed ahead of Fed meeting

DUBAI: Stock markets in the Gulf ended mixed on Wednesday, ahead of a potentially large interest rate hike by the US...

Published 16 Jun, 2022 06:03am

Fed unveils biggest rate hike since 1994

WASHINGTON: The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday...

Updated 16 Jun, 2022 10:01am

Business & Finance

Fed begins meeting with massive hike possible amid price surge

WASHINGTON: US central bankers opened their two-day policy meeting Tuesday amid a blistering inflation surge that ...

Published 15 Jun, 2022 07:26am

Resurging US inflation puts Fed on track for more big rate hikes

WASHINGTON: Red-hot US inflation is showing few signs of cooling, putting the Federal Reserve on track to continue...

Published 13 Jun, 2022 06:19am

Business & Finance

Dollar gains with inflation data on tap, euro falls after ECB

NEW YORK: The dollar index rose Thursday, reversing initial declines while the euro gave up earlier gains after the...

Published 10 Jun, 2022 06:16am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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