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moody

Moody’s cuts Nissan rating to junk status, keeps negative outlook

TOKYO: Moody’s Ratings said on Friday it has downgraded its rating of Nissan Motor’s credit by one notch to junk...

Published 21 Feb, 2025 10:57am

Business & Finance

Moody’s Ratings raises China 2025 GDP forecast to 4.2% from 4.0%

HONG KONG: Moody’s Ratings said it had raised China’s 2025 GDP growth forecast to 4.2% from 4.0%, as it expected...

Published 16 Dec, 2024 10:43am

Pakistan

Aurangzeb explores climate financing, trade deals with global institutions

Finance Minister Muhammad Aurangzeb engaged with global financial institutions, including Standard Chartered Bank...

Updated 24 Oct, 2024 11:19pm

Business & Finance

UniCredit’s rating might top Italy’s if it buys Commerzbank, Moody’s says

MILAN: Moody’s would consider hiking UniCredit’s credit rating one notch above Italy’s sovereign rating if it bought...

Published 02 Oct, 2024 01:25pm

Business & Finance

Australia inflation jumps to 6 month high in May, ramps up rate hike risks

SYDNEY: Australian consumer inflation accelerated to a six-month high in May, while a key measure of core prices...

Published 26 Jun, 2024 11:05am

Business & Finance

Moody’s fires France credit rating warning over snap elections

LONDON: France’s snap parliamentary elections are negative for the country’s credit score, ratings agency Moody’s...

Published 11 Jun, 2024 12:12pm

Business & Finance

Modi’s smaller mandate to slow India’s fiscal tightening, Moody’s says

MUMBAI: The narrower margin of victory for Indian Prime Minister Narendra Modi’s alliance in elections will...

Published 05 Jun, 2024 12:35pm

Business & Finance

Moody’s raises China’s growth forecast to 4.5% for 2024

BEIJING: Moody’s raised China’s growth forecast for 2024 to 4.5% from 4.0%, it said in a statement released on...

Published 03 Jun, 2024 12:15pm

Pakistan

Moody’s says timely election result to reduce uncertainty in Pakistan: report

Moody’s Investor Services (Moody’s), a global credit ratings agency, said timely announcement of election results...

Updated 09 Feb, 2024 08:09pm

Business & Finance

Moody’s cuts NYCB ratings to junk, warns of more downgrades

Rating agency Moody’s downgraded New York Community Bancorp’s all long-term and some short-term issuer ratings to...

Published 07 Feb, 2024 11:32am

Business & Finance

India yet to see significant improvement in debt affordability: Moody’s

MUMBAI: India has not seen significant improvement in debt affordability to justify a rethink on the country’s...

Published 01 Feb, 2024 02:47pm

Pakistan

Pakistan can borrow through ICIEC to reduce financing cost, says CEO

KARACHI: As a member country, Pakistan can borrow through the Islamic Corporation for the Insurance of Investment...

Updated 20 Dec, 2022 11:16am

Opinion

Britain takes fight to restore investor faith into 2023

Major investors are rethinking their support for Britain’s economy following months of political turmoil and...

Published 17 Dec, 2022 05:58am

Opinion

Pakistan’s exports in the doldrums

Subsidies such as those relating to power tariffs have been the lifelines of our export industry, notably the ...

Published 29 Oct, 2022 05:55am

Editorials

Govt borrowing rises

EDITORIAL: The federal government borrowed 608.5 billion rupees from banks during the first 105 days of the current...

Published 27 Oct, 2022 05:54am

Editorials

Is there any way to ease economy’s travail?

EDITORIAL: The Ministry of Finance is reportedly stumped as to where to arrange the resources required to fund the...

Published 26 Oct, 2022 05:52am

Opinion

Foreign inflows at a low ebb

International perceptions of the declining credit worthiness of Pakistan have been augmented by the downgrading of...

Published 25 Oct, 2022 05:51am

Business & Finance

Rating outlook stays negative: Moody’s downgrades Wapda’s CFR & BCA to Caa1

ISLAMABAD: The Moody's Investors Service has downgraded Pakistan Water and Power Development Authority’s (Wapda)...

Published 12 Oct, 2022 05:46am

Dar touts ‘charter of economy’ idea, challenges Moody’s

Says if agency did not reverse the downgrade of Pakistan’s sovereign credit rating, he would give a 'befitting' reply

Updated 08 Oct, 2022 10:23am

Pakistan

Moody's cuts Pakistan's rating to Caa1

Rating agency says ongoing floods raise country's external financing needs, heightening risks of a balance of payments crisis

Updated 06 Oct, 2022 11:11pm

Business & Finance

Moody's retains India rating, says rising global challenges won't derail recovery

MUMBAI: Global challenges including the impact of the Russia-Ukraine conflict, higher inflation and tightening ...

Published 07 Sep, 2022 04:13am

Opinion

IMF programme needs to be protected

This is apropos a Business Recorder news item “Miftah gives a detailed account: How country saved itself from...

Updated 20 Jul, 2022 06:08am

Markets

Bloodbath: KSE-100 closes with 978-point fall as Fitch's downgrade dents sentiment

Index finishes below 40,400 level amid political uncertainty

Updated 19 Jul, 2022 05:29pm

Markets

Hammered by US dollar, rupee closes at record low of 221.99

Falls Rs6.79 or 3.06% in inter-bank market on Tuesday

Updated 19 Jul, 2022 05:51pm

Moody’s affirms B3 long-term deposit ratings of five banks

ISLAMABAD: Moody’s Investors Service has affirmed the B3 long-term deposit ratings of Pakistani banks and changed...

Updated 09 Jun, 2022 09:47am

Opinion

Pessimism grows

The nation started the year 2022 under a euphoria of all good after moving out of the Covid pandemic largely...

Published 04 Jun, 2022 04:18am

Moody’s lowers Wapda’s rating to negative

ISLAMABAD: Moody’s Investors Service has revised Pakistan Water and Power Development Authority (Wapda)’s ...

Updated 04 Jun, 2022 10:06am

Business & Finance

KATI demands withdrawal of rise in POL products’, power prices

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam has demanded to immediately...

Published 04 Jun, 2022 04:18am

Markets

Bloodbath at PSX: KSE-100 closes over 920 points lower amid economic headwinds

Index closes at41,314.88 after Moody's downgrade of Pakistan's outlook, other negative developments

Updated 03 Jun, 2022 06:08pm

Moody’s changes outlook to negative

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded its outlook for Pakistan from stable to negative....

Updated 03 Jun, 2022 09:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 14	280.68
USD PKR Interbank Buying / Apr 14	280.48
USD to Japanese Yen / Apr 14	142.49
USD to Swiss Franc / Apr 14	0.81
Pound Sterling to USD / Apr 14	1.32
Euro to USD / Apr 14	1.14
UK LIBOR % / Apr 11	4.96

Stock	Volume
S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Nasdaq / Apr 11	16,724.46
Dow Jones / Apr 11	40,212.71
Tokyo Nikkei / Apr 14	33,982.36
Hang Seng / Apr 14	21,367.90
FTSE 100 / Apr 14	8,113.87
Germany DAX 30 / Apr 14	20,831.83
France CAC40 / Apr 14	7,259.65

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Petrol/Litre / Apr 14	254.63
Crude Oil USD/Barrel / Apr 14	61.28
Gold Spot USD/Ounce / Apr 14	3,229.53
Diesel/Litre / Apr 14	258.64
Cotton US¢/pound / Apr 14	67.08

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 14 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.84 ▲ 0.99 (12.61%)
Ruby Textile / Apr 14 Ruby Textile Mills Limited(RUBY)	7.80 ▲ 0.86 (12.39%)
Tariq Corporation / Apr 14 Tariq Corporation Limited(TCORP)	14.69 ▲ 1.34 (10.04%)
Secure Logistics / Apr 14 Secure Logistics Group Limited(SLGL)	14.83 ▲ 1.35 (10.01%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	35.27 ▲ 3.21 (10.01%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	15.29 ▲ 1.39 (10%)
Bawany Air Products / Apr 14 Bawany Air Products Limited(BAPL)	31.80 ▲ 2.89 (10%)
J.K.Spinning / Apr 14 J.K. Spinning Mills Limited(JKSM)	64.35 ▲ 5.85 (10%)
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
Frontier Ceram / Apr 14 Frontier Ceramics Limited(FRCL)	27.50 ▲ 2.5 (10%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	7.95 ▼ -1.26 (-13.68%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.62 ▼ -0.24 (-12.9%)
Fateh Ind. / Apr 14 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
Sindh Abadgar / Apr 14 Sindh Abadgar's Sugar Mills Limited(SASML)	52.50 ▼ -5.83 (-9.99%)
TPL Life Insur. / Apr 14 TPL Life Insurance Limited(TPLL)	49.35 ▼ -5.46 (-9.96%)
Hafiz Ltd. / Apr 14 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Baba Farid Sugar / Apr 14 Baba Farid Sugar Mills Limited(BAFS)	53 ▼ -5.43 (-9.29%)
Mughal Energy / Apr 14 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
First Elite Cap.Mod / Apr 14 First Elite Capital Modaraba(FECM)	16 ▼ -1.59 (-9.04%)
Shahzad Tex. / Apr 14 Shahzad Textile Mills Limited(SZTM)	27.26 ▼ -2.61 (-8.74%)

Stock	Volume
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	54,444,707 ▲ 0.23
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	45,023,605 ▲ 0.5
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.01
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 2.37
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.16
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▲ 1.66
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.02
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.08
Dewan Cement / Apr 14 Dewan Cement Limited(DCL)	14,486,660 ▲ 0.86
K-Electric Ltd. / Apr 14 K-Electric Limited(KEL)	13,484,387 ▼ -0.04

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