An active broker under surveillance at the PSX on November 28, 2024. — INP The capital market extended its upward trajectory on Tuesday, exceeding the 117,000 point mark for the first time. Investor optimism remained strong, supported by the State Bank of Pakistan’s (SBP) policy rate cut yesterday, improving macroeconomic indicators and expectations of a … Read more
A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at its headquarters in Karachi, Pakistan, July 16, 2019. — Reuters SBP cuts policy rate to 13% in today’s meeting. The consumer price index for November stood at 4.9%. This brings total cuts to 900 basis points since June. and … Read more
Broker busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, December 5, 2024. — PPI The stock market opened the week on a bullish note, reflecting continued optimism among investors, driven by expectations of a cut in policy rates from the State Bank of Pakistan (SBP) and improving macroeconomic indicators. Strong remittances, … Read more
State Bank of Pakistan building in this undated image. — AFP/File The SBP has cut interest rates four times in a row since June. The CPI for November stood at 4.9%, well below the general market consensus. 71% of survey participants expect a minimum rate cut of 200 basis points by the SBP. The State … Read more