Trends - policy rate - Business Recorder

policy rate

Positive GDP growth rate unlikely?

ISLAMABAD: With negative growth in the large sale manufacturing industries, besides a decline in major agriculture...

Published 23 Dec, 2024 06:03am

Business & Finance

PM satisfied with CA surplus

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed satisfaction over the country’s attainment of a...

Published 18 Dec, 2024 08:18am

Editorials

MPS: further cut in key interest rate

EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during...

Published 18 Dec, 2024 07:11am

Interest rate cut to help stimulate economic growth: PM

Says reduction in interest rate to encourage businesses and investors

Updated 18 Dec, 2024 05:20pm

Pakistan

Govt’s interest payments to decrease by Rs1.5tn in FY25 as policy rate comes down: SBP chief

State Bank of Pakistan (SBP) Governor Jameel Ahmad has said the decline in key policy rate will help the government...

Updated 17 Dec, 2024 09:04pm

Markets

Selling pressure at PSX, KSE-100 settles just below 115,000

Profit-taking comes as SBP cut key policy rate in line with expectations

Updated 17 Dec, 2024 09:50pm

BR Research

Should the SBP be procyclical?

Inflation isn’t the monster it used to be—at least, not for now. But complacency is dangerous. The central bank’s...

Published 17 Dec, 2024 09:04am

Business & Finance

FWCCI urges govt to reduce policy rate by 500 basis points

FAISALABAD: Mrs Shahida Aftab, President Faisalabad Women Chamber of Commerce and Industry (FWCCI) has urged the...

Published 17 Dec, 2024 07:59am

Business & Finance

Business community terms 2pc cut in policy rate insufficient

KARACHI Business community has termed two percent cut in interest rate as disappointed despite widespread demand to...

Published 17 Dec, 2024 06:47am

Business & Finance

O/N and reverse-repo rates revised

KARACHI: With the 200-basis points (bps) reduction in the key policy rate, the State bank of Pakistan (SBP)has...

Published 17 Dec, 2024 06:47am

Business & Finance

Key interest rate brought down by 200bps to 13pc

KARACHI: With inflation declining in line with its expectations, the Monetary Policy Committee (MPC) of the State...

Published 17 Dec, 2024 06:47am

Markets

How the key interest rate has moved since July 2022

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday reduced the key policy rate by 200...

Updated 16 Dec, 2024 09:46pm

Markets

Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13%

Development in line with analysts' expectations

Updated 16 Dec, 2024 10:39pm

Business & Finance

REAP chairman demands 500bps policy rate cut

LAHORE: Rice Exporters Association of Pakistan (REAP) Chairman Malik Faisal Jahangir has urged the government to...

Published 16 Dec, 2024 06:08am

Business community leaders urge SBP to cut interest rate by 5pc

KARACHI: Business community leaders, including S.M. Tanveer, Zubair Tufail, Faisal Moiz Khan, Mazhar Nisar, Haji...

Updated 16 Dec, 2024 09:33am

Business & Finance

SBP urged to cut policy rate by 500bps

HYDETRABAD: As Coordinator Businessman Panel Progressive, Adeel Siddiqui, urge the government to take bold action to...

Published 15 Dec, 2024 02:50am

Business & Finance

KATI urges SBP to cut policy rate by 500bps

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi Friday urged the State Bank...

Published 14 Dec, 2024 08:09am

Business & Finance

Tanveer advocates 500 basis points cut in policy rate

LAHORE: S M Tanveer, Patron-in-Chief UBG-BMPP, has urged the government to support economic growth by reducing ...

Published 14 Dec, 2024 06:46am

Business & Finance

MPS on Monday

KARACHI: The Monetary Policy Committee (MPC) of the SBP will meet on Monday (Dec 16) 2024 to decide the monetary...

Published 14 Dec, 2024 06:46am

Business & Finance

KCCI urges SBP to reduce policy rate by 400bps

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while referring to the...

Published 13 Dec, 2024 06:29am

Business & Finance

ECB cuts rates again, keeps door open to further cuts

FRANKFURT: The European Central Bank cut interest rates for the fourth time this year on Thursday, by quarter of a...

Published 12 Dec, 2024 08:03pm

Business & Finance

Bank of Canada cuts rates by 50 bps, frets over possible Trump tariffs

OTTAWA: The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday and indicated that...

Published 11 Dec, 2024 09:56pm

Business & Finance

Schehzad delineates key macro economic achievements

ISLAMABAD: Advisor to Finance Minister on Economic and Financial Reforms, Khurram Schehzad said inflation was...

Published 06 Dec, 2024 06:58am

Markets

Bull run at PSX continues as KSE-100 settles above 105,000

The Pakistan Stock Exchange (PSX) continued its merry run with the benchmark KSE-100 Index closing above 105,000 for...

Updated 04 Dec, 2024 09:37pm

Business & Finance

UBG demands 500bps policy rate cut

KARACHI: United Business Group (UBG) Patron-in-Chief SM Tanveer has urged the government to reduce the policy rate ...

Published 04 Dec, 2024 03:14am

Business & Finance

MPC meeting on 16th: 200bps cut in policy rate likely

KARACHI: With inflation showing a decline, analysts are anticipating a potential rate cut of approximately 200 basis...

Published 04 Dec, 2024 03:14am

Markets

Another significant cut in key policy rate expected as inflation eases

SBP has eased its monetary stance since June 2024, cumulatively reducing key interest rate by 700bps
MPC is next scheduled to meet on December 16

Updated 03 Dec, 2024 10:56pm

Markets

T-bills: foreign investment sees net outflow of $58.04mn in three weeks of November

KARACHI: Pakistan saw a net outflow of $58.04 million from T-bills in the three weeks that ended November 22, 2024...

Updated 03 Dec, 2024 10:58pm

BR Research

CPI: MPC mustn’t get distracted by base effect

The downward journey of headline inflation continues, with the CPI clocking in at 4.9 percent in November 2024,...

Published 03 Dec, 2024 08:51am

PM foresees cut in policy rate

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday lauded what he described “a record decline” in inflation to 4.9...

Updated 03 Dec, 2024 09:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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