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SBP MPC

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

Markets

‘Interest rate still too high’: business community reacts to SBP’s cut of 200bps

Pakistan business community welcomed the State Bank of Pakistan’s (SBP) decision to cut the key policy rate by 200...

Updated 16 Dec, 2024 09:05pm

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

Markets

Historic high: KSE-100 settles above 116,000 on rate cut anticipation

The Pakistan Stock Exchange (PSX) registered significant gains as the benchmark KSE-100 Index settled above 116,000...

Updated 16 Dec, 2024 10:06pm

Markets

No stopping KSE-100 as index settles above 108,000 with over 3,000-point gain

Buying supported by positive economic indicators, lower inflation reading, expectations of cut in key policy rate
This is KSE-100's third-highest day-on-day increase in terms of points

Updated 05 Dec, 2024 11:58pm

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

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

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

Opinion

Go beyond the Fund advice

Monetary Policy Committee (MPC) met under the chairmanship of Jameel Ahmed, Governor of State Bank of Pakistan (SBP)...

Updated 11 Nov, 2024 07:17am

Editorials

Analysing monetary policy statement

EDITORIAL: The Monetary Policy Committee (MPC), under the chairmanship of Jameel Ahmed, Governor State Bank of...

Published 06 Nov, 2024 06:55am

Markets

KSE-100 closes above 92,000 for first time as buying momentum persists

Buying momentum continued at the Pakistan Stock Exchange (PSX) on Tuesday with the benchmark KSE-100 Index gaining...

Updated 05 Nov, 2024 10:10pm

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

Markets

KSE-100 closes 1.2% higher in anticipation of monetary policy announcement

Benchmark index also crosses 92,000 during intra-day trading for first time, but closes marginally below historic level

Updated 04 Nov, 2024 10:55pm

Opinion

Dilemmas facing downward interest rate cycle

Once again, the economist community is busy in speculating how much the policy rate will fall in the upcoming ...

Published 03 Nov, 2024 07:08am

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

Markets

Inflation in Pakistan clocks in at 7.2% in October 2024

Reading slightly higher than market and official expectations that put figure in range of 6-7%

Updated 01 Nov, 2024 10:57pm

Business & Finance

APTMA urges SBP’s MPC to reduce interest rate by 500bps

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has sought a cut of at least 500 basis points in...

Published 01 Nov, 2024 08:22am

Markets

Pakistan’s inflation likely to slow down further in September, fueling further rate cut speculation

The slowing inflationary trend in Pakistan is likely to continue in September, and projected to come down to almost...

Updated 21 Sep, 2024 08:07pm

Business & Finance

National Savings Schemes: CDNS reduces profit rates on majority of its instruments

The Central Directorate of National Savings (CDNS) has reduced profit rates on several of its National Savings...

Updated 14 Sep, 2024 05:06pm

Markets

KSE-100 sees relatively muted reaction to IMF board meeting update, SBP’s rate cut

After initial buying burst, benchmark index slowly retreats to settle 0.4% higher despite positive news flow

Updated 13 Sep, 2024 11:38pm

Policy rate cut yet again as inflation cools

KARACHI: As per expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday...

Updated 13 Sep, 2024 09:21am

Business & Finance

SBP Overnight Repo rates

KARACHI: The State Bank of Pakistan (SBP) has decided to decrease ‘Policy Rate’ (Target Rate) from 19.50 percent...

Published 13 Sep, 2024 06:13am

Business & Finance

SBP made its most aggressive move on the interest rate, but business associations are still unhappy

The State Bank of Pakistan (SBP) moved more aggressively on the key interest rate than what the wider market had...

Updated 12 Sep, 2024 09:26pm

Markets

Most aggressive cut since April 2020: SBP reduces key policy rate by 200bps, brings it down to 17.5%

Pace of disinflation exceeded earlier expectations, says central bank
The previous occasion SBP moved with this quantum of reduction was in April 2020

Updated 12 Sep, 2024 10:54pm

Markets

KSE-100 gains on anticipation of reduction in key policy rate

Bullish sentiments were witnessed at the Pakistan Stock Exchange (PSX), amid expectations of further reduction in...

Updated 12 Sep, 2024 10:05pm

Business & Finance

UBG for cut in interest rates in upcoming monetary policy

KARACHI Syed Mazhar Ali Nasir, Vice Chairman UBG Sindh Region has appealed to the government and the State Bank of...

Published 07 Sep, 2024 06:59am

Business & Finance

Further ease in monetary policy stance expected

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy...

Published 06 Sep, 2024 07:53am

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 22	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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