![]() ![]() ![]() Naturally today's benchmarks are more modern. With the import ban lifted and the IMF deal secured, companies in the auto sector will not face any supply chain issues.The term benchmark, bench mark, or survey benchmark originates from the chiseled horizontal marks that early surveyors made in stone structures, into which an angle-iron could be placed to form a "bench" for a leveling rod, thus ensuring that a leveling rod could be accurately repositioned in the same place in the future. Automakers, including Pakistan Suzuki Motor and Honda Atlas Cars, experienced gains of 7.5% while Indus Motor Co. Auto stocks increased as import restrictions are expected to ease. ![]() Pakistan shares on track to record highest ever point-wise gains on IMF deal Pakistan's benchmark share index rose over 6% after securing a $3 billion financial package from the IMF.The Sensex rose 529.03 points to end at 66,589.93 points, a new lifetime closing, while CLS Bank Corp, HDFC Bank, and Larsen & Toubro (L&T) dominated the headlines with their impressive Q1 results. BSE-listed firms' market valuation touches all-time high of Rs 303.59 lakh crore The market capitalisation of BSE-listed firms hit a new high of ₹303.59 lakh crore.Shree Cement Q1 Results: Firm beats profit view on strong domestic demand The company reported a profit of 5.81 billion Indian rupees ($70.87 million) for the three months ended June 30, beating analysts' average estimate of 4.29 billion rupees, according to Refinitiv IBES data.Japan's Nikkei hits 4-week peak amid calm bond market, earnings boost The benchmark Japanese government bond yield rose to a nine-year high of 0.605% to start Monday trading, and then eased to 0.59%, after investors had the weekend to digest the BOJ's de facto doubling of the policy ceiling under yield curve control (YCC) to 1%.yields hit a 10-month high on Wednesday after the Federal Reserve's July meeting minutes showed that officials were divided over the need for more interest rate hikes Indian bond yields rise tracking US peers local inflation dents sentiment Benchmark 10-year U.S. ![]() Euro zone bond yields jump as US 10-year yields scale 15-year highs Data released earlier on Monday showed German producer prices fell more than expected in July, with the decline due primarily to lower energy prices.Oil prices ease on concerns over rate hikes, China gloom Markets are awaiting hints on the outlook for interest rates from policy makers when Federal Reserve officials and policy makers from the European Central Bank, the Bank of England and the Bank of Japan head to Jackson Hole, Wyoming, for their annual central bank conference later this week.spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia. Oil prices rise on supply deficit concerns Oil prices rose in early trade on Tuesday for the fourth consecutive session, as weak shale output in the U.S.China leaves benchmark lending rates unchanged as expected In a Reuters survey of 29 market analysts and traders, all participants predicted no change to the one-year LPR, while a vast majority of them also expected the five-year rate to remain steady.Oil prices fall ahead of more central bank steers on interest rates Federal Reserve policymakers still see the central bank's benchmark overnight interest rate peaking this year in the 5.50%-5.75% range, just a quarter of a percentage point above the current range. ![]()
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