Trends - inflation - Business Recorder

inflation

Turkish inflation near 62%, highest this year

ISTANBUL: Turkiye’s annual inflation rate edged up to 61.98% in November, data showed on Monday, just shy of...

Published 04 Dec, 2023 12:36pm

BR Research

Inflation: Rate cut seems farther away

The headline inflation inched up again. It stood at 29.2 percent in November 2023 and the monthly increase stood at...

Published 04 Dec, 2023 07:39am

Pakistan

JI demands a level playing field for all contestants

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has reiterated the call for providing equal opportunities to every...

Published 04 Dec, 2023 05:35am

Pakistan

CDA body grants approval for building plan of CCP

ISLAMABAD: The Design Vetting Committee of the Capital Development Authority (CDA) has officially granted approval...

Published 02 Dec, 2023 05:09am

Markets

Pakistan’s headline inflation reading clocks in at 29.2% in November

Inflation reading higher than October's when it stood at 26.9%

Updated 01 Dec, 2023 10:38pm

Business & Finance

As inflation cools, Fed officials signal rate hikes likely done

WASHINGTON: Federal Reserve policymakers signaled on Thursday the US central bank’s interest rate hikes are likely...

Published 01 Dec, 2023 04:43am

Opinion

Foreign currency requirement for taming inflation

In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit...

Updated 30 Nov, 2023 05:17am

BR Research

Cement prices: Fast in Slovember

For months—and long before this fiscal year began—cement prices have soared without showing any signs of weakness or...

Published 29 Nov, 2023 08:43am

Business & Finance

POL products’ prices to remain unchanged?

ISLAMABAD: People are anticipating a relief from inflation in first half of December as the global crude and refined...

Published 29 Nov, 2023 05:09am

Business & Finance

US Fed official ‘encouraged’ by progress against inflation

WASHINGTON: The US Federal Reserve is making encouraging progress in the fight against inflation, a senior bank...

Published 28 Nov, 2023 08:26pm

World

New Zealand to scrap world-leading anti-smoking laws

WELLINGTON: New Zealand’s plans for world-leading anti-smoking laws will be revoked, Christopher Luxon confirmed...

Published 28 Nov, 2023 04:57am

World

Lawmakers criticise Bank of England inflation forecast

LONDON: Members of the House of Lords, Britain’s upper chamber of parliament, demanded Monday that the Bank of...

Published 27 Nov, 2023 07:49pm

Opinion

Economy on its knees

The initial euphoria of tens of billions of dollars investment by friendly countries is slowly fading away. The...

Updated 27 Nov, 2023 06:34am

Business & Finance

FPCCI’s BMP spells out reasons behind rising inflation

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP), while fearing of...

Published 27 Nov, 2023 06:13am

Inflation will go down gradually, says Shamshad

Effective policies of the caretaker government were resulting in improvement in the economic conditions, adds caretaker finance minister

Updated 25 Nov, 2023 05:34pm

Business & Finance

SPI inflation down 0.06pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the current week, ended 23 November 2023, decreased ...

Published 25 Nov, 2023 05:19am

Markets

Inflation expected to go over 28% in Nov following gas price hike: report

Consumer Price Index (CPI)-based inflation in November is expected to hit 28.26%, higher than 26.9%recorded in...

Updated 23 Nov, 2023 11:39pm

Business & Finance

Singapore Oct core inflation picks up to 3.3% y/y

SINGAPORE: Singapore’s key consumer price gauge rose 3.3% in October on a yearly basis, higher than economists’...

Published 23 Nov, 2023 11:47am

Editorials

SBP Vision 2028

EDITORIAL: It’s easy to lose one’s way in the complex and sometimes deliberately vague language of financial...

Published 22 Nov, 2023 05:48am

Business & Finance

Lagarde warns against premature inflation celebration

FRANKFURT: The European Central Bank has time now to assess how inflation unfolds after a record string of rate ...

Published 22 Nov, 2023 05:48am

Business & Finance

Sri Lankan inflation rises to 1% in October

COLOMBO: Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the...

Published 21 Nov, 2023 02:54pm

World

President-elect Milei vows ‘end of Argentina’s decline’

BUENOS AIRES: Libertarian outsider Javier Milei swept to victory in Argentina’s presidential election Sunday,...

Published 21 Nov, 2023 06:02am

Polls open in knife-edge Argentine election

BUENOS AIRES: Argentines voted Sunday in a nail-biter election pitting Economy Minister Sergio Massa against ...

Updated 20 Nov, 2023 07:31am

World

UK’s Hunt says won’t implement tax cuts that fuel inflation

LONDON: British Finance Minister Jeremy Hunt said on Sunday he would not implement tax cuts that would push up...

Published 19 Nov, 2023 05:17pm

Business & Finance

SPI inflation up 9.95pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the current week, ended 16 November 2023, increased ...

Published 18 Nov, 2023 06:03am

Business & Finance

LCCI organises awareness seminar on mutual funds

LAHORE: Lahore Chamber of Commerce and Industry organised a seminar on Mutual Fund Industry in Pakistan with the aim...

Published 18 Nov, 2023 06:03am

BR Research

IMF: finally, a timely review!

As expected, the IMF review has been successful. Pakistanis witnessed smooth sailing through a Fund review after a...

Published 17 Nov, 2023 09:08am

Markets

US inflation data drives Indian stocks to near one month highs

BENGALURU: India’s main indexes advanced on Wednesday to near one-month highs, mirroring global stocks after...

Published 16 Nov, 2023 05:39am

Markets

China, HK shares jump on softer US inflation

HONG KONG: Chinese stocks rebounded on Wednesday and Hong Kong shares surged as traders cheered cooling US inflation...

Published 16 Nov, 2023 05:39am

Markets

European shares hit over 1-month high on easing inflation

PARIS: Europe’s benchmark STOXX 600 climbed to a more than one-month high on Wednesday, as investors cheered...

Published 16 Nov, 2023 05:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	154.15
USD to Swiss Franc / May 15	0.90
Pound Sterling to USD / May 15	1.27
Euro to USD / May 15	1.09

Stock	Volume
S&P 500 / May 15	5308.15
India Sensex / May 15	72987.03
Tokyo Nikkei / May 15	38630.19
Nasdaq / May 15	16742.39
Hang Seng / May 15	19161.63
FTSE 100 / May 15	8445.80
Dow Jones / May 15	39908
Germany DAX 30 / May 15	18869.36

Item	Value
Crude Oil USD/Barrel / May 15	78.99
Karachi Cotton PKR/37.32 KG / May 15	19935
Gold 10 Grams PKR / May 15	209191
Gold Spot USD/Ounce / May 15	2388.85
Cotton US¢/pound / May 15	76.16
Petrol/Litre / May 16	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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