اسلام آباد (خصوصی نامہ نگار) وفاقی دارالحکومت میں راہزنی اور چوری کی وارداتوں میں شہری ایک کار، 5موٹر سائیکلوں، نقدی، موبائل فونز، لیپ ٹاپ، زیورات و دیگر سامان سے محروم.
KARACHI: Stocks roared ahead for the fourth consecutive day when the KSE-100 index jumped 511.65 points, or 1.11 per cent, to settle at 46,812.31. The ferocity of the bulls has carried the index up by 1,237 points, or 2.7pc, since last Friday.
On Wednesday, however, the stockbrokers, traders and investors were celebrating not as much the surge in index as the “all-time high volumes of 1.56 billion shares traded in a single day”. The previous highest number of shares in one day changed hands at 1.12bn on Feb 11, 2021.
It is a different matter that 708m shares, or 45pc, of the aggregate trading took place in the penny stock WorldCall Telecom which saw movement in stock price by 41.2pc to Rs3.22. The overwhelming interest in the telecom stock suggested some developments which were not known to all.
SBP introduces calendar of monetary policy meetings
Business
May 21, 2021
KARACHI: In another major step to keep abreast with the international practices, the central bank on Thursday introduced advance calendar of monetary policy committee meetings.
“The State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of monetary policy committee (MPC) meetings on a rolling basis,” it said in a statement.
The SBP said this is another step towards making the process of monetary policy formulation more predictable and transparent.
The central bank usually announces monetary policy after a month gap. For more than a year now, the policy has been announced abruptly with people speculating on the policy decision time.
Central bank expected to leave interest rate unchanged
Business
May 21, 2021
KARACHI: The State Bank of Pakistan is expected to keep the policy rate unchanged at 7 percent in the monetary policy meeting scheduled for next week, analysts said on Thursday.
A number of analysts interviewed by The News expected the central bank’s monetary policy committee (MPC) to hold interest rates steady at 7 percent for a fifth consecutive time on Friday. The SBP had cut its policy rate by 625 basis points last year.
“Our expectation for the upcoming monetary policy is that SBP will keep interest rates unchanged in line with its forward guidance at 7 percent,” said Mustafa Mustansir, head of research at Taurus Securities Limited.
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