Trends - interest rate hikes - Business Recorder

AIRLINK 173.68 ▼ -2.21 (-1.26%)

BOP 10.82 ▼ -0.16 (-1.46%)

CNERGY 8.26 ▲ 0.26 (3.25%)

FCCL 46.41 ▲ 0.29 (0.63%)

FFL 16.14 ▲ 0.07 (0.44%)

FLYNG 27.80 ▲ 0.38 (1.39%)

HUBC 146.32 ▲ 2.36 (1.64%)

HUMNL 13.40 ▲ 0.05 (0.37%)

KEL 4.39 ▼ -0.11 (-2.44%)

KOSM 5.93 ▼ -0.05 (-0.84%)

MLCF 59.66 ▲ 0.16 (0.27%)

OGDC 232.73 ▼ -0.02 (-0.01%)

PACE 5.80 ▼ -0.08 (-1.36%)

PAEL 47.98 ▲ 0.50 (1.05%)

PIAHCLA 17.75 ▼ -0.22 (-1.22%)

PIBTL 10.40 ▼ -0.18 (-1.7%)

POWER 11.32 ▼ -0.06 (-0.53%)

PPL 191.48 ▼ -1.82 (-0.94%)

PRL 36.83 ▼ -0.17 (-0.46%)

PTC 23.20 ▼ -0.57 (-2.4%)

SEARL 98.76 ▼ -1.11 (-1.11%)

SILK 1.15 ▼ 0.00 (0%)

SSGC 36.62 ▼ -0.57 (-1.53%)

SYM 14.70 ▼ -0.25 (-1.67%)

TELE 7.73 ▼ -0.02 (-0.26%)

TPLP 10.75 ▼ -0.12 (-1.1%)

TRG 66.01 ▲ 0.87 (1.34%)

WAVESAPP 10.82 ▼ -0.09 (-0.82%)

WTL 1.32 ▼ -0.02 (-1.49%)

YOUW 3.79 ▼ -0.02 (-0.52%)

BR100 12,644 35.1 (0.28%)

BR30 39,387 124.3 (0.32%)

KSE100 117,807 34.4 (0.03%)

KSE30 36,347 50.4 (0.14%)

اردو

Apr 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

interest rate hikes

ECB books first loss since 2004 as rate hikes bite

ECB books first loss since 2004 as rate hikes bite

FRANKFURT: The European Central Bank said Thursday its series of interest rate hikes had led it to a loss in 2023,...

Published 23 Feb, 2024 06:36am

Global debt hits record $307trn

Business & Finance

Global debt hits record $307trn

NEW YORK: Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates...

Published 20 Sep, 2023 06:28am

OECD sees ‘sub-par’ growth as high rates bite

Business & Finance

OECD sees ‘sub-par’ growth as high rates bite

PARIS: The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as...

Published 20 Sep, 2023 06:28am

BoE hikes rate 14th time in row

Print

BoE hikes rate 14th time in row

LONDON: The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to...

Updated 04 Aug, 2023 08:41am

Fed doublespeak

Opinion

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...

Updated 03 Aug, 2023 06:34am

SBP keeps key policy rate unchanged at 22%

Pakistan

SBP keeps key policy rate unchanged at 22%

Governor Jameel Ahmad announces Monetary Policy Committee's decision in press conference

Updated 31 Jul, 2023 06:43pm

Further jump in key policy rate to deepen economic crisis: BMP

Business & Finance

Further jump in key policy rate to deepen economic crisis: BMP

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has warned the...

Published 31 Jul, 2023 06:58am

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December

Business & Finance

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December

Schedules 4 huddles during six-month period, with the first one of the new fiscal year on July 31

Published 14 Jul, 2023 10:42pm

US small business lending holding up

Business & Finance

US small business lending holding up

NEW YORK: US small businesses are paying the most for loans in 16 years as borrowing costs have skyrocketed under ...

Published 14 Jul, 2023 06:22am

IMF’s Executive Board meeting on Pakistan set for July 12

Pakistan

IMF’s Executive Board meeting on Pakistan set for July 12

The Fund is set to discuss a nine-month stand-by arrangement for Pakistan as the previous Extended Fund Facility expired on June 30

Updated 06 Jul, 2023 09:55am

SBP raises key policy rate by 100bps to 22% after ‘emergency meeting’

Business & Finance

SBP raises key policy rate by 100bps to 22% after ‘emergency meeting’

Cites upward revisions in taxes, duties and PDL in FY24 budget and lifting of import restrictions as factors that slightly deteriorate inflation outlook

Updated 26 Jun, 2023 08:10pm

European shares post worst week in three months

Markets

European shares post worst week in three months

PARIS: European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that...

Published 26 Jun, 2023 06:38am

Copper heads for weekly drop on hawkish rate hikes

Markets

Copper heads for weekly drop on hawkish rate hikes

LONDON: Copper prices were heading for a weekly drop on Friday after three weeks of gains as concerns over global...

Published 26 Jun, 2023 06:38am

Oil dips on demand worries as more rate hikes likely

Markets

Oil dips on demand worries as more rate hikes likely

HOUSTON: Oil prices fell on Friday, headed for a weekly decline as traders worried interest rate hikes could sap...

Published 26 Jun, 2023 06:38am

Gold on track for worst week since Feb on hawkish Fed

Markets

Gold on track for worst week since Feb on hawkish Fed

NEW YORK: Gold prices on Friday were heading for their biggest weekly percentage fall in over four months, weighed ...

Published 26 Jun, 2023 06:38am

BIS warns world economy at critical juncture in inflation fight

Business & Finance

BIS warns world economy at critical juncture in inflation fight

LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for...

Published 26 Jun, 2023 06:38am

OECD sees limited growth pick-up as rate hikes weigh

Business & Finance

OECD sees limited growth pick-up as rate hikes weigh

PARIS: Global economic growth will pick up only moderately over the next year as the full effects of central bank...

Published 08 Jun, 2023 06:30am

BOE raises rates

Business & Finance

BOE raises rates

LONDON: The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% on Thursday and...

Published 12 May, 2023 05:59am

ECB slows rate hike pace but signals more to come

Business & Finance

ECB slows rate hike pace but signals more to come

FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more...

Published 05 May, 2023 06:44am

Inflation to remain high despite policy rate hike: analyst

Business & Finance

Inflation to remain high despite policy rate hike: analyst

KARACHI: The State Bank of Pakistan’s (SBP) decision to increase key policy rate by 100 basis points to a record...

Published 10 Apr, 2023 06:45am

HCSTSI flays increase in interest rate

Business & Finance

HCSTSI flays increase in interest rate

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani ...

Published 10 Apr, 2023 06:45am

KATI chief assails interest rate hike

Business & Finance

KATI chief assails interest rate hike

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has rejected the decision of...

Published 06 Apr, 2023 06:20am

Biotech IPOs to bloom with spotlight on startups with human trial data

Markets

Biotech IPOs to bloom with spotlight on startups with human trial data

BENGALURU: Initial public offerings by small private biotech companies are poised to stage a comeback later in 2023...

Published 31 Mar, 2023 06:45am

Fed to balance banking woes, inflation in this rate decision

Business & Finance

Fed to balance banking woes, inflation in this rate decision

WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent...

Published 20 Mar, 2023 06:12am

OECD hikes growth outlook

Business & Finance

OECD hikes growth outlook

PARIS: The global economic outlook has improved from a few months ago as the inflation shock eases but rising...

Published 18 Mar, 2023 06:14am

Weak global demand, rate hikes may curtail India growth

Business & Finance

Weak global demand, rate hikes may curtail India growth

NEW DELHI: Weak global demand and monetary tightening by the Indian central bank could further drag down economic...

Published 06 Mar, 2023 07:38am

Steel industry concerned at interest rate hike

Print

Steel industry concerned at interest rate hike

ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability...

Updated 03 Mar, 2023 09:01am

BoE hints rates near peak after 10th hike

Business & Finance

BoE hints rates near peak after 10th hike

LONDON: The Bank of England signalled the tide was turning in its battle against high inflation after it raised...

Published 03 Feb, 2023 06:17am

ECB raises rates, signals at least one more hike

Business & Finance

ECB raises rates, signals at least one more hike

FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one...

Published 03 Feb, 2023 06:17am

Fed delivers small rate hike, still expects ‘ongoing increases’

Business & Finance

Fed delivers small rate hike, still expects ‘ongoing increases’

WASHINGTON: The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet...

Published 02 Feb, 2023 06:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 31	148.93
USD to Swiss Franc / Mar 31	0.88
Pound Sterling to USD / Mar 31	1.30
Euro to USD / Mar 31	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
Tokyo Nikkei / Mar 31	35,617.56
Hang Seng / Mar 31	23,146.55
FTSE 100 / Mar 31	8,576.85
Germany DAX 30 / Mar 31	22,201.28
France CAC40 / Mar 31	7,810.99

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Mar 31	69.31
Gold Spot USD/Ounce / Mar 31	3,117.12
Cotton US¢/pound / Mar 31	66.49
Petrol/Litre / Apr 1	254.63
Diesel/Litre / Apr 1	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular

Today
Yesterday
Past 3 Days

NJLI Sarmaya Growth Fund Rates

Pakistan Airports Authority’s high-rise headquarters approved for Islamabad

Pakistan Airports Authority’s high-rise headquarters approved for Islamabad

PMO takes big step towards fueling economy

PMO takes big step towards fueling economy

4.7 magnitude earthquake jolts Karachi, surrounding areas

4.7 magnitude earthquake jolts Karachi, surrounding areas

KP govt declares Galiyat, Bashkar as ‘biosphere reserves’

KP govt declares Galiyat, Bashkar as ‘biosphere reserves’

Pakistan’s Honda Atlas exports first fully assembled vehicles to Japan

Pakistan’s Honda Atlas exports first fully assembled vehicles to Japan

President Zardari, PM Shehbaz extend Eid greetings to nation

President Zardari, PM Shehbaz extend Eid greetings to nation

Canadian dollar posts fourth straight weekly gain

Canadian dollar posts fourth straight weekly gain

To identify collection loopholes: FBR notifies DG (Special Initiatives-Customs) office

To identify collection loopholes: FBR notifies DG (Special Initiatives-Customs) office