MPS Preview: High for Longer

Banking Sector to face headwinds in future, but system is broadly stable: Fitch Solutions

05:19
April 10, 2019
MG

April 10, 2019 (MLN): Fitch Solutions Macro Research (a unit of Fitch Group) has just published an outlook report on Pakistan’s banks.

According to analysts at Fitch Solutions, the Pakistani banking sector will continue to face headwinds in 2019 and 2020, on the back of rising interest rates and slowing economic growth.

Moreover, Fitch believes that the government’s direct borrowing from the State Bank of Pakistan (SBP) increases the risk of reduced transparency and could potentially lead to higher inflation in the country.

“However, other key performance metrics suggest that the banking system is broadly stable from a systemic perspective,” admitted the research house.

Copyright Mettis Link News

Posted on: 2019-04-10T10:19:00+05:00

27349

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.50000	278.70000	278.70000	278.50000	03:08 PM
2	EUR	1.07157	1.07159	1.07159	1.07157	08:16 AM
3	GBP	1.25071	1.25075	1.25075	1.25071	08:16 AM
4	CHF	0.91387	0.91394	0.91394	0.91387	08:16 AM
5	JPY	155.59000	155.59500	155.59500	155.59000	08:16 AM
6	CAD	1.36810	1.36823	1.36823	1.36810	08:16 AM
7	AUD	0.65269	0.65272	0.65272	0.65269	08:16 AM
8	INR	83.32090	83.32660	83.32660	83.32090	08:16 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:16 PM
10	AED	3.67270	3.67300	3.67300	3.67270	05:16 PM
11	HKD	7.82827	7.82852	7.82852	7.82827	08:16 AM
12	CNH	7.26599	7.26659	7.26659	7.26599	08:16 AM
13	CNY	7.24640	7.24660	7.24660	7.24640	05:02 PM
14	THB	37.04100	37.07200	37.07200	37.04100	08:16 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	05:19 AM
16	IDR	16,187.90000	16,194.60000	16,194.60000	16,187.90000	08:16 AM
17	SGD	1.36043	1.36052	1.36052	1.36043	08:16 AM
18	NZD	0.59555	0.59566	0.59566	0.59555	08:16 AM
19	MXN	17.03880	17.04380	17.04377	17.03877	08:16 AM
20	TRY	32.51250	32.51670	32.51669	32.51247	08:16 AM
21	SEK	10.86580	10.86790	10.86794	10.86584	08:16 AM
22	ZAR	18.99820	19.00260	19.00260	18.99820	08:16 AM
23	NOK	10.93730	10.93990	10.93991	10.93725	08:16 AM
24	DKK	6.96005	6.96073	6.96073	6.96005	08:16 AM
25	ARS	873.24100	873.25100	873.25100	873.24100	08:16 AM
26	BDT	108.07500	111.43200	111.43230	108.07535	07:19 AM
27	BHD	0.37700	0.37705	0.37705	0.37700	05:16 PM
28	BRL	5.13030	5.13330	5.13330	5.13030	08:16 AM
29	KRW	1,374.74000	1,375.18000	1,375.18000	1,374.74000	08:16 AM
30	KWD	0.30776	0.30786	0.30786	0.30776	05:15 PM
31	LKR	293.76400	300.29200	300.29187	293.76440	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	05:15 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	09:31 PM
34	RUB	92.27000	94.07000	94.07000	92.27000	08:00 PM
35	AFN	71.20540	73.07040	73.07043	71.20544	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,658.50000	12,723.80000	12,723.79709	12,658.52294	07:19 AM
40	PHP	57.79100	57.84300	57.84300	57.79100	08:16 AM
42	NGN	1,266.52000	1,267.52000	1,267.52000	1,266.52000	06:48 AM
43	KES	134.00000	136.00000	136.00000	134.00000	08:09 AM
44	AMD	388.60000	388.60000	388.60000	388.60000	08:11 AM
45	TWD	32.58200	32.58900	32.58900	32.58200	08:16 AM
46	XAU	2,327.06000	2,327.36000	2,327.36000	2,327.06000	08:15 AM
47	XAG	27.37920	27.38780	27.38780	27.37920	08:15 AM
48	XPT	904.55000	906.05000	906.05000	905.05000	05:15 PM
49	XPD	1,003.25000	1,008.25000	1,008.25000	1,004.35190	05:15 PM
2,120	VES	36.29670	36.38780	36.38776	36.29673	08:00 PM
2,212	UGX	3,768.22000	3,852.14000	3,852.14334	3,768.21865	07:19 AM
2,213	TZS	2,579.99000	2,580.01000	2,580.01500	2,579.98500	08:13 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,593.25	71,971.401	71,700.54	-80.491	-0.112	424,080,014.0	16,729,754,250.360	25/04/2024 04:13 PM
ALLSHR	47,464.49	47,174.954	47,022.84	2.137	0.005	798,226,277.0	27,520,277,864.490	25/04/2024 04:13 PM
KSE30	23,911.80	23,749.046	23,630.38	-58.772	-0.247	100,632,233.0	10,911,348,299.790	25/04/2024 04:13 PM
KMI30	122,036.66	120,902.956	120,348.15	-259.501	-0.214	165,495,684.0	10,488,159,680.390	25/04/2024 04:13 PM
KMIALLSHR	33,911.61	33,699.441	33,542.23	42.921	0.128	560,837,784.0	22,833,398,111.890	25/04/2024 04:13 PM
BKTi	17,958.27	17,872.359	17,710.29	-16.250	-0.091	19,765,810.0	2,463,980,003.790	25/04/2024 04:13 PM
OGTi	17,084.78	17,031.061	16,828.32	74.488	0.439	14,111,722.0	2,057,880,884.130	25/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,720.0	64,650.0	63,285.0	-160.00
BRENT CRUDE	EB	88.3	88.5	87.8	0.30
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.40
ROTTERDAM COAL MONTHLY	ET	118.3	118.3	118.3	0.05
USD RBD PALM OLEIN	POL	860.0	860.0	860.0	0.00
CRUDE OIL – WTI	QCL	83.1	83.3	82.6	0.32
SUGAR #11 WORLD	SB	19.4	19.7	19.3	-0.40

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