Trends - SBP MPC - Business Recorder

SBP MPC

Pakistan’s inflation anticipated to lower further in December, easing cycle likely to continue

The slowing inflationary trend in Pakistan is likely to persist as the CPI-based figure is expected to clock in at...

Updated 24 Dec, 2024 10:03pm

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 22 The Pakistan General Insurance Co. Ltd.(PKGI)	9.46 ▲ 0.96 (11.29%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Olympia Mills / Jan 22 Olympia Mills Limited(OML)	39 ▲ 3.35 (9.40%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	733 ▲ 61.78 (9.20%)
Invest Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	1.70 ▲ 0.09 (5.59%)
Thal Limited / Jan 22 Thal Limited(THALL)	439.90 ▲ 23.15 (5.55%)
Indus Dyeing / Jan 22 Indus Dyeing & Manufacturing Co. Limited(IDYM)	125.99 ▲ 5.98 (4.98%)
Ali Asghar / Jan 22 Ali Asghar Textile Mills Limited(AATM)	50.48 ▲ 2.37 (4.93%)
First Dawood Prop. / Jan 22 First Dawood Properties Limited(FDPL)	2.95 ▲ 0.13 (4.61%)

Stock	Price
Khyber Textile / Jan 22 Khyber Textile Mills Limited(KHYT)	475 ▼ -51.08 (-9.71%)
United Brands / Jan 22 United Brands Limited(UBDL)	22.56 ▼ -1.47 (-6.12%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.40 ▼ -0.14 (-3.95%)
AL-Ghazi Tractors / Jan 22 Al-Ghazi Tractors Limited(AGTL)	621.10 ▼ -24.02 (-3.72%)
Pakistan Cables / Jan 22 Pakistan Cables Limited(PCAL)	181.01 ▼ -6.63 (-3.53%)
Adamjee Life Assur. / Jan 22 Adamjee Life Assurance Company Limited(ALIFE)	29.10 ▼ -0.89 (-2.97%)
Dewan Motors / Jan 22 Dewan Farooque Motors Limited(DFML)	44.50 ▼ -1.22 (-2.67%)
Dewan Farooque Sp. / Jan 22 Dewan Farooque Spinning Mills Limited(DFSM)	4.12 ▼ -0.10 (-2.37%)
Allied Bank / Jan 22 Allied Bank Limited(ABL)	138.08 ▼ -2.84 (-2.02%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▼ -0.02
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.01
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.36
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▼ -1.12
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.12
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.00
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.02
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.04

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