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Business & Economy

Agri, industries perform: Pakistan posts 2.09% growth in Q3FY24, says NAC

Revises Q1 and Q2 estimates upwards to 2.71% and 1.79%, respectively
Targets GDP growth of 2.4% in FY24

Updated 21 May, 2024 10:07pm

Business & Economy

Pakistan’s trade deficit narrows 34% to $9.38bn in 5MFY24

Stood at $14.28bn in same period of the previous year

Updated 01 Dec, 2023 10:44pm

Statistics

Pakistan’s REER index falls to 92.8 in January

Experts attribute development to rupee’s massive depreciation against US dollar in January

Updated 20 Feb, 2023 06:30pm

Cotton & Textile

Pakistan’s textile exports significantly decline in January: APTMA

Pakistan’s textile sector exports witnessed a significant decline of 12.4%, clocking in at $1.36 billion in January...

Updated 02 Feb, 2023 06:50pm

Statistics

Pakistan’s trade deficit widens 57% YoY in FY22

Pakistan's trade deficit widened by 57% during fiscal year 2021-22, and reached $48.67 billion compared to $30.96...

Published 04 Jul, 2022 11:17am

Statistics

Coronavirus sinks U.S. consumer spending; savings hit record high

 Together with the news that monthly exports collapsed, the report left economists anticipating the largest contract

Published 30 May, 2020 05:30am

Statistics

Japan's jobless rate rises to 2.6% in April: government

 The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of In

Published 29 May, 2020 06:43am

Statistics

India's economy seen slowing rapidly in March quarter, with worse to come

 Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

Published 29 May, 2020 05:33am

Statistics

Japan's factory, retail sectors slump as pandemic hits auto sector

 That was a much larger decline than the 5.1% drop in a Reuters forecast.

TOKYO: Japan’s factory output sl

Published 29 May, 2020 05:26am

Statistics

Slump in consumption, exports push Germany into recession in first quarter

 The Federal Statistics Office said capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1

Published 25 May, 2020 10:55am

Statistics

Tesla’s China car registrations plunge 64% month-on-month in April

Tesla’s China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. U.S. el

Published 19 May, 2020 07:51am

Statistics

Japan braces for worst postwar slump as economy tips into recession

Analysts warn of an even bleaker picture for the current quarter as consumption crumbled after the government in Ap

Published 18 May, 2020 05:52am

Statistics

US reports record $738 billion budget deficit in April

The fiscal year-to-date deficit surged to $1.48 trillion compared to a $531 billion deficit in the comparable perio

Published 13 May, 2020 10:06am

Statistics

China's factory deflation deepens as pandemic hits demand

Data released last week showed China’s exports unexpectedly grew in April from a year earlier, although a sharper-t

Published 12 May, 2020 05:39am

Statistics

Coronavirus pandemic sets Japan on course for deep recession

Household spending slumped 6.0% in March from a year earlier following a 0.3% fall in February, marking the biggest

Published 09 May, 2020 10:15pm

Statistics

India may see 0% GDP growth this fiscal year: Moody's

In November, Moody’s cut the outlook on India’s sovereign rating of Baa2 to “negative” from “stable” due to a slowd

Published 08 May, 2020 10:48am

Statistics

Great Depression-like U.S. job losses, unemployment rate expected in April

The Labor Department’s monthly employment report on Friday is also expected to show the jobless rate surging to at

Published 08 May, 2020 05:39am

Statistics

China's April trade surplus with US widens to $22.87 billion

For the first four months of the year, China’s trade surplus with the United States totalled $63.68 billion.

Published 07 May, 2020 11:20am

Statistics

UAE non-oil private sector hits second consecutive record low: PMI

The output and new export orders sub-indices fell sharply, both falling to record lows since the survey began in Au

Published 05 May, 2020 07:30am

Statistics

Indonesia first-quarter GDP growth slumps to weakest since 2001

The coronavirus crisis has taken a toll on consumption - the main driver of the economy - investment, tourism and i

Published 05 May, 2020 07:20am

Statistics

Hong Kong's economy shrunk by record 8.9pc in the first quarter of 2020

The economy shrank by a seasonally adjusted 5.3% in January-March from the previous quarter, versus a revised 0.5%

Published 04 May, 2020 09:31am

Statistics

Coronavirus hit Italy economy plunges 4.7pc, as Eurozone witness worst decline

Italy’s latest decline was the biggest since 1995, the national statistics bureau ISTAT reported. One of

Published 30 Apr, 2020 10:55am

Statistics

Eurozone economy shrinks by record 3.8pc, inflation drops sharply

According to Eurostat economic output in the 19 countries sharing the euro in January-March was 3.8% smaller than i

Published 30 Apr, 2020 09:57am

Statistics

Australia's first-quarter inflation hits 5-1/2-year high

The headline consumer price index (CPI) rose 0.3% in the first quarter, from the previous quarter, lifting annual i

Published 29 Apr, 2020 07:32am

Statistics

US deficit could quadruple to $3.7 trillion in coronavirus crisis

US gross domestic product will plunge by nearly 40% on an annualized basis in the second quarter. The federal

Published 25 Apr, 2020 05:12am

Statistics

Japan's economic stimulus to boost real GDP by 4.4pc

Japan has boosted its new economic stimulus package to a record $1.1 trillion to expand cash payouts to its citizen

Published 24 Apr, 2020 06:00am

Statistics

Record US jobless claims wipe out post-Great Recession employment gains

President Donald Trump, who is seeking a second term in the White House in November’s general election, has been an

Published 23 Apr, 2020 10:55am

Statistics

South Korea set to post largest GDP contraction since 2008

This would be the worst contraction since a 3.3% drop in the final quarter of 2008, and the first since the Sino-U.

Published 21 Apr, 2020 07:00am

Statistics

Japan exports slump as coronavirus hits U.S., Chinese demand

Ministry of Finance data showed Japanese exports fell 11.7% in the year to March, compared with a 10.1% decrease ex

Published 20 Apr, 2020 06:15am

Statistics

UK finance minister says GDP may fall by up to 30pc amid virus crisis: paper

Sunak discussed the possibility of a 25% to 30% fall in GDP in the second quarter, the newspaper reported.

Published 13 Apr, 2020 06:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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