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Swiss National Bank

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

Bank takeover prevented Swiss economy collapse: minister

GENEVA: Swiss Finance Minister Karin Keller-Sutter said Switzerland’s economy would probably have collapsed had...

Updated 10 Apr, 2023 08:28am

Markets

SNB’s Schlegel says central bank will do everything it can to bring inflation down

ZURICH: The Swiss National Bank will do everything it can to bring inflation down, Vice Chairman Martin Schlegel...

Published 04 Apr, 2023 10:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 18	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 18 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 18 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 18 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 18 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 18 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 18 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 18 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 18 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 18 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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