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interest rates

Fed to cut rates, but with a new landscape to decipher after Trump win

WASHINGTON: The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage...

Updated 07 Nov, 2024 08:02pm

BR Research

Consumer confidence returns gradually

Signs of stability on the macroeconomic front are slowly but surely starting to reflect in consumer confidence –...

Published 06 Nov, 2024 09:16am

Business & Finance

FPCCI-UBG leader welcomes 2.5% cut in interest rates; hopes single digit

LAHORE: While welcoming the 2.5 percentage point reduction in interest rates in the Monetary Policy Statement (MPS),...

Published 05 Nov, 2024 03:30am

Markets

Higher than market consensus: SBP reduces key policy rate by 250bps, takes it to 15%

Most analysts had expected cut of 200bps

Updated 04 Nov, 2024 09:53pm

Business & Finance

Govt urged to ‘revive’ PIA privatisation process

LAHORE: Former Caretaker Federal Minister for Commerce and Chairman of the FPCCI Pakistan Economic Revival and ...

Published 03 Nov, 2024 07:44am

Business & Finance

Business leaders demand cut in interest rates

KARACHI: President of the United Business Group (UBG), Zubair F Tufail, former Senior Vice President of FPCCI Mazhar...

Published 03 Nov, 2024 06:34am

Business & Finance

PVMA for reduction in interest rate

KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman, Sheikh Umer Rehan, has strongly urged the...

Updated 03 Nov, 2024 09:49am

Business & Finance

APSEA urges MPC to slash interest rates

KARACHI: APSEA calls on the Monetary Policy Committee (MPC) to urgently reduce interest rates by at least 400 basis...

Published 01 Nov, 2024 06:51am

Business & Finance

3Q2024: Listed banks’ profitability down 1.0pc to Rs158bn YoY

KARACHI: Pakistan’s listed banks profitability clocked in at Rs 158 billion, down by 1.0 percent YoY while up 16...

Published 01 Nov, 2024 06:51am

Business & Finance

Business leader praises govt for its efforts aimed at improving economy

KARACHI Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum...

Updated 30 Oct, 2024 06:54am

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

Business & Finance

PBF leader urges SBP to lower interest rates by 5pc

KARACHI: Captain Abdul Rashid Abro, central leader of the Pakistan Business Forum and former Vice President of...

Updated 28 Oct, 2024 09:26am

APTMA urges MPC to cut interest rate by 400bps

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has called for a significant reduction in interest...

Updated 25 Oct, 2024 08:57am

Business & Finance

Most Asian central banks have room to cut interest rates, IMF says

WASHINGTON: Most Asian central banks have room to cut interest rates, as the start of the US monetary easing cycle...

Published 24 Oct, 2024 08:35pm

Business & Finance

ECB makes back-to-back interest rate cuts as inflation falls

FRANKFURT: The European Central Bank cut interest rates again Thursday, upping the tempo at which it is lowering...

Updated 17 Oct, 2024 06:38pm

Editorials

Stock market: what it means to be cautious

EDITORIAL: Pakistan Stock Market (PSX) is on a consistent rise. There are elements of re-rating of country risk by...

Published 15 Oct, 2024 06:47am

World

Fed seen cutting rates gradually to 3.5% by mid-2025

Federal Reserve policymakers are seen as likely to deliver a quarter-percentage-point interest-rate cut next month...

Published 10 Oct, 2024 07:33pm

BR Research

Debt dilemma: Fixing the fiscal flip

The central government debt increased to Rs48.4 trillion in August 2024, 21 percent higher than the same period last...

Published 09 Oct, 2024 08:58am

Reducing power tariff top priority: Awais

ISLAMABAD: Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, said on Sunday that the government is...

Updated 07 Oct, 2024 03:07pm

Markets

Nikkei heads for weekly drop as Ishiba rattles markets

SYDNEY: Japanese stocks headed for their steepest weekly fall in a month on Friday as Prime Minister Shigeru...

Published 05 Oct, 2024 06:43am

Business & Finance

FPCCI demands lowering policy rate to 9pc

KARACHI: Atif Ikram Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 03 Oct, 2024 07:50am

Opinion

The investment slump

The year, 2023-24, has witnessed the lowest ever level of fixed investment in Pakistan. It is estimated at 11.4% of...

Updated 01 Oct, 2024 07:21am

World

US Fed Chair sees ‘further disinflation’ in economy

WASHINGTON: The United States is set to see inflation cool further towards policymakers’ target, Federal Reserve...

Published 01 Oct, 2024 12:23am

Business & Finance

FBATI president underscores need for reducing interest rates

KARACHI: The increasing cost of doing business and high interest rates are major challenges for industries to...

Published 30 Sep, 2024 07:06am

Business & Finance

Govt urged to facilitate traders after successful IMF talks

LAHORE: United Business Group (UBG) Patron-in-Chief S M Tanveer has urged the government to facilitate the business...

Published 27 Sep, 2024 07:21am

Opinion

Poor reflection of economic history by policymakers

‘A World Bank study of 177 sovereign external and domestic debt defaults found that five years after successful...

Updated 27 Sep, 2024 08:14am

IMF refutes it asked Pakistan to seek loan at 11pc from commercial bank

ISLAMABAD: The International Monetary Fund (IMF) has stated that it did not ask Pakistan to get a commercial loan...

Updated 27 Sep, 2024 10:04am

BR Research

LSM: Slow revival starts

The fiscal year FY25 started on a positive note for Large Scale Manufacturing as the index for July2024 registered a...

Published 25 Sep, 2024 08:56am

Business & Finance

China’s central bank unveils most aggressive stimulus since pandemic

BEIJING: China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out...

Published 25 Sep, 2024 06:48am

Opinion

Economy has been nursed to some semblance of health

There is some semblance of macroeconomic stability in Pakistan as inflation decreases, interest rates fall, and the...

Updated 23 Sep, 2024 07:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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