Trends - Swiss National Bank - Business Recorder

Swiss National Bank

SNB lowers threshold factor for sight deposit interest payments

ZURICH: The Swiss National Bank will lower the threshold factor where it pays interest on sight deposits to...

Published 16 Dec, 2024 03:37pm

Markets

Loonie, Aussie in focus while US dollar idles

SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings...

Published 09 Dec, 2024 09:52am

Business & Finance

Swiss National Bank not locked into rate cuts, Vice Chairman says

ZURICH: The Swiss National Bank is not locked into more interest rate cuts in December, Vice Chairman Antoine Martin...

Published 11 Nov, 2024 11:09am

Business & Finance

UBS fund management arm reports 3% stake in Swiss National Bank

UBS Fund Management (Switzerland) AG now holds a 3% stake in Swiss National Bank, according to an October filing...

Published 25 Oct, 2024 07:29pm

Business & Finance

New Swiss central bank chief takes charge in shadow of Credit Suisse trauma

ZURICH: As the Swiss National Bank’s new chairman Martin Schlegel takes office this week, the jury is out on the...

Published 30 Sep, 2024 12:07pm

Business & Finance

SNB cuts interest rates by 25 basis points for third time this year

ZURICH: The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this...

Published 26 Sep, 2024 01:53pm

Markets

Swiss franc rallies broadly after 25-bp SNB rate cut

The Swiss franc strengthened on Thursday after the Swiss National Bank (SNB) cut its benchmark rate for a third time...

Published 26 Sep, 2024 01:49pm

Business & Finance

Swiss authorities draw flak in Credit Suisse probe: report

ZURICH: Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have...

Published 15 Jul, 2024 06:25am

Business & Finance

Australian dollar hits highs on yen and euro as rates diverge

SYDNEY: The Australian dollar was heading for hefty weekly gains on Friday as a diverging outlook for interest rates...

Published 24 Jun, 2024 07:00am

Business & Finance

Swiss central bank cuts rate for second straight time

ZURICH: The Swiss National Bank announced Thursday its second straight interest-rate cut, after becoming in March...

Published 20 Jun, 2024 02:35pm

Business & Finance

Dollar set for weekly rise

NEW YORK: The dollar headed for a second week of gains on Friday, with a slight rate hike in Japan unable to halt ...

Published 23 Mar, 2024 05:41am

Business & Finance

Dollar gains on risk sentiment

NEW YORK: The dollar rose on Thursday as the strength of the US economy and high interest rates along with a ...

Published 22 Mar, 2024 04:57am

Markets

Sterling steady ahead of Bank of England decision

LONDON: The pound steadied against the dollar on Thursday, ahead of a Bank of England meeting at which the central...

Published 21 Mar, 2024 01:31pm

Business & Finance

Swiss central bank calls for more action on capital regulation

ZURICH: The Swiss National Bank (SNB) on Tuesday said more action needed to be taken on capital regulation following...

Published 19 Mar, 2024 12:55pm

Business & Finance

Swiss National Bank loses $3.6 billion in 2023

ZURICH: The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the...

Published 04 Mar, 2024 12:42pm

Business & Finance

Swiss National Bank posts annual loss of 3 billion Swiss francs

ZURICH: The Swiss National Bank posted an annual loss of 3 billion Swiss francs ($3.54 billion) for 2023, the...

Published 09 Jan, 2024 12:09pm

Business & Finance

Swiss National Bank keeps interest rate at 1.75% as expected

BERN: The Swiss National Bank held its policy interest rate steady at 1.75% on Thursday, kicking off a busy day for...

Published 14 Dec, 2023 01:53pm

Markets

Dollar on back foot as traders look to Fed for cut timing clues

TOKYO: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion...

Published 13 Dec, 2023 09:32am

Business & Finance

Lower Swiss inflation points to interest rate freeze

ZURICH: The Swiss National Bank has scope to keep its interest rate on hold at 1.75% next week before considering...

Published 04 Dec, 2023 04:58pm

Markets

Swiss National Bank posts 12bn franc Q3 loss

ZURICH: The Swiss National Bank on Tuesday posted a 12.04 billion franc ($13.36 billion) loss for the third quarter...

Published 31 Oct, 2023 01:04pm

Markets

Swiss National Bank in wait and see mode after pausing rate hikes

ZURICH: The Swiss National Bank has entered “wait and see mode” it said on Thursday after a surprise decision to...

Published 21 Sep, 2023 01:40pm

Business & Finance

UBS no longer taking state aid for Credit Suisse takeover

ZURICH: Swiss banking giant UBS voluntarily put an end Friday to the state and central bank support that smoothed ...

Published 12 Aug, 2023 06:44am

Markets

Swiss National Bank posts $15 billion loss during second quarter

ZURICH: The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said...

Published 31 Jul, 2023 11:35am

Business & Finance

SNB to launch digital currency pilot: chairman

ZURICH: The Swiss National Bank (SNB) is to issue a wholesale central bank digital currency (CBDC) on ...

Published 03 Jul, 2023 06:04am

Business & Finance

Swiss National Bank Chairman hints at rate rises to tackle inflation

ZURICH: The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman...

Published 10 Jun, 2023 10:58am

Markets

Credit Suisse liquidity support from government should be soon repaid

ZURICH: Credit Suisse should soon repay the emergency liquidity that the Swiss government gave the stricken bank to...

Published 26 May, 2023 11:20am

Markets

Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue

ZURICH: The Swiss National Bank is facing calls for an overhaul in its governance, with critics saying too much...

Published 28 Apr, 2023 11:40am

Markets

Stock market rise helps SNB post Q1 profit of 26.9bn Swiss francs

ZURICH: The Swiss National Bank made a profit of 26.9 billion Swiss francs ($30.20 billion) during the first...

Published 27 Apr, 2023 11:11am

Markets

Central banks cut dollar operations with Fed as market stress eases

FRANKFURT/LONDON/TOKYO: The world’s top central banks will reduce the frequency of their dollar operations with the...

Published 25 Apr, 2023 02:10pm

Markets

UBS Chief Risk Officer Bluhm to continue in role

ZURICH: UBS on Monday said Christian Bluhm will continue as Group Chief Risk Officer for the “foreseeable future”...

Published 24 Apr, 2023 10:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

Markets →

Budget 2024-25: income tax calculator for FY25

Swiss National Bank

Most Popular