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Print Published 17 Jun, 2021 03:27am

Increased spending on health, education: Govt to seek fiscal space from IMF

ISLAMABAD: Finance Minister Shaukat Tarin said, on Wed-nesday, that it would be impossible for Pakistan to come out...

Strategic reserves: Import of wheat approved

Published 17 Jun, 2021 03:27am

Payment to IPPs established under 2002 policy: ECC defers its decision

Published 17 Jun, 2021 03:27am

Fed signals rate hikes for 2023

Published 17 Jun, 2021 03:27am

Online fund transfer services: SBP allows banks to charge customers

Published 17 Jun, 2021 03:27am

NA approves Cos (Amend) Bill, 2021

Published 17 Jun, 2021 03:27am

Japan concerned at ‘abrupt’ changes in investment procedures

Published 17 Jun, 2021 03:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	157.00
USD PKR Interbank Buying / Jun 16	156.90
USD to Japanese Yen / Jun 16	110.69
USD to Swiss Franc / Jun 16	0.91
Pound Sterling to USD / Jun 16	1.40
Euro to USD / Jun 16	1.20
UK LIBOR % / Jun 16	0.06

Stock	Volume
S&P 500 / Jun 16	4223.70
India Sensex / Jun 16	52501.98
Tokyo Nikkei / Jun 16	29291.01
Nasdaq / Jun 16	14039.68
Hang Seng / Jun 16	28436.84
FTSE 100 / Jun 16	7184.95
Dow Jones / Jun 16	34033.67
Germany DAX 30 / Jun 16	15710.57
France CAC40 / Jun 16	6652.65

Item	Value
Crude Oil / Jun 16	71.47
Karachi Cotton Assoc. / Jun 16	12300.00
Gold 10 Grams / Jun 16	89163.00
Gold Spot / Jun 16	1815.50
Cotton / Jun 16	85.95

Gainers
Losers
Leaders

Stock	Price
786 Investments / Jun 17 786 Investments Limited(786)	10.69 ▼ 0.00 (0.00%)
AL- Abbas / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	361.99 ▼ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	71.18 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	791.01 ▼ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 17 Attock Cement Pakistan Limited(ACPL)	178.88 ▼ 0.00 (0.00%)
Adam Sugar / Jun 17 Adam Sugar Mills Limited(ADAMS)	28.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jun 17 786 Investments Limited(786)	10.69 ▼ 0.00 (0.00%)
AL- Abbas / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	361.99 ▼ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	71.18 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	791.01 ▼ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 17 Attock Cement Pakistan Limited(ACPL)	178.88 ▼ 0.00 (0.00%)
Adam Sugar / Jun 17 Adam Sugar Mills Limited(ADAMS)	28.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Business & Finance

Canada inflation rises to highest level in a decade

OTTAWA: Canadians paid 3.6 percent more for goods and services in May than a year earlier, marking the largest ... Published 17 Jun, 2021 03:27am

BR Research

LSM growth broadens

Large-Scale Manufacturing (LSM) continued the upward journey, posting 12.84 percent growth for Jul-Apr FY21 –...

Published 16 Jun, 2021 07:25am

UK inflation hits 2.1pc, vaults past BoE target

LONDON: British inflation unexpectedly jumped above the Bank of England’s target in May when it hit 2.1%, part of ... Published 17 Jun, 2021 03:27am

Japan exports jump most in 41 years

TOKYO: Japan’s exports rose at the fastest pace since 1980 in May and a key gauge of capital spending grew, ... Published 17 Jun, 2021 03:27am

BR Research

Control anger, not prices

Govern every crop as if it were maize, and every commodity as if it were poultry. Yet, government policies are bent...

Published 16 Jun, 2021 07:30am

US housing starts miss expectations amid higher lumber prices

WASHINGTON: US homebuilding rebounded less than expected in May as very expensive lumber and shortages of other... Published 17 Jun, 2021 03:27am

PMRC issues Rs1bn Sukuk to promote housing finance

Shariah-compliant finance to have focus on low-cost housing

Published 16 Jun, 2021 07:57pm

Coca Cola Pakistan announces $50m investment for K-P plant

Will set up its seventh plant in country in Haripur District

Published 16 Jun, 2021 06:04pm

Post-budget press conference: Murad says attention given to poverty alleviation

Sindh presented Rs1.477 trillion budget for financial year 2021-22 on Tuesday

Published 16 Jun, 2021 05:14pm

Forex

Canadian dollar steadies as inflation climbs to decade-high level

Loonie trades in a range of 1.2170 to 1.2189.
Canada's annual inflation rate accelerates to 3.6% in May.
Price of US oil touches its highest level since October.

Published 16 Jun, 2021 08:09pm

Stocks

Pre-Fed jitters keep S&P 500, Nasdaq below record highs

US shares of Chinese tutoring firms drop.
Oracle falls as profit forecast disappoints.
Indexes: Dow off 0.13%, S&P flat, Nasdaq up 0.29%.

Published 16 Jun, 2021 07:59pm

BR Research

EV anxieties

Having big dreams is sexy, but only if there is a plan working quietly in the background to realize them. That’s...

Published 16 Jun, 2021 07:35am

BR Research

Budget scare for digital economy?

The golden goose shall never rest easy. Fresh off a postponed spectrum auction, the country’s telecom sector has...

Published 16 Jun, 2021 07:40am

BR Research PIBTL 11.21 ▼ -1.58%

Pakistan International Bulk Terminal

Pakistan International Bulk Terminal (PSX: PIBTL) was set up in 2010 as a private limited company under the repealed...

Published 16 Jun, 2021 07:45am

BR Research

Punjab budget puts health & education first

Punjab Government has presented a budget total outlay of Rs2.6 trillion yesterday. The first impression about the...

Published 15 Jun, 2021 07:25am

BR Research

Power subsidies: High yet adequate

Electricity tariffs are not going to go up in FY22. This is the loud and clear message from the budget document. The...

Published 15 Jun, 2021 07:30am

BR Research

A regressive move for online marketplaces

During the past year and a half, e-commerce in Pakistan developed at a frenzied pace. The same was acknowledged by...

Published 15 Jun, 2021 07:35am

Pakistan

Effective policing system essential for country’s prosperity: PM

ISLAMABAD: Prime Minister Imran Khan Wednesday said an effective policing system was inevitable for the country’s... Published 17 Jun, 2021 03:27am

Ministry of IT launches 'Smart Village' project in all provinces

Initiative aims to increase remote areas' access to a range of digital services in the domain of health, education, commerce, and livelihood

Published 16 Jun, 2021 08:02pm

Budget session: Bilawal condemns govt’s ‘unparliamentary’ conduct

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari condemned the un-parliamentary conduct of ... Published 17 Jun, 2021 03:27am

Sindh govt allocates Rs135m for media fraternity

KARACHI: The Sindh government has allocated Rs 135 million for press clubs, media unions, deserving journalists, and... Published 17 Jun, 2021 03:27am

Former IHC judge urges SC to set aside objections

ISLAMABAD: Former judge of the Islamabad High Court (IHC) Shaukat Siddiqui requested the apex court to set aside... Published 17 Jun, 2021 03:27am

AC adjourns hearing of Toshakhana case till 30th

ISLAMABAD: The Accountability Court, on Wednesday, adjourned hearing of objection petitions of Pakistan Muslim... Published 17 Jun, 2021 03:27am

Call to suspend PML-N MNAs for a year

ISLAMABAD: PTI leader Zartaj Gul, on Wednesday, said the National Assembly membership of those PML-N leaders should... Published 17 Jun, 2021 03:27am

Civil servants: IHC turns down petitions about forced retirement

ISLAMABAD: The Islamabad High Court (IHC) turned down the petitions challenging the Civil Servants (Directory... Published 17 Jun, 2021 03:27am

Latest

Azhar to sort out matters relating to KE

ISLAMABAD: The federal government has reportedly given the lead role to Minister for Energy, Hammad Azhar in... Published 17 Jun, 2021 03:27am

Nepra chief attracts criticism

ISLAMABAD: Chairman National Electric Power Regulatory Authority (Nepra) Tauseef H. Farooqi is being criticised by... Published 17 Jun, 2021 03:27am

More vaccine doses to arrive ‘soon’: SAPM

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on National Health Services Dr Faisal Sultan, Wednesday,... Published 17 Jun, 2021 03:27am

Sec 203A will be revisited: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin Wednesday assured the Senate Standing Committee on Finance that the text ... Published 17 Jun, 2021 03:27am

3 PTI MNAs among 7 barred from entering NA

ISLAMABAD: A day after opposition and treasury MPs hurled abuses and threw copies of budget documents at each other,... Published 17 Jun, 2021 03:27am

Rs900bn PSDP allocation: 70pc funds to be spent on ongoing projects

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives Wednesday informed that 70 percent of Rs900... Published 17 Jun, 2021 03:27am

Trinidad and Tobago: Chinese media mocks US donation of 80 vaccine vials

BEIJING: Striking a blow for China's so-called vaccine diplomacy, state media have mocked the United States for... Published 17 Jun, 2021 03:27am

Time running out for Afghan peace process: EU envoy

ISLAMABAD: The European Union's envoy for Afghanistan said on Wednesday time was running out for Afghan peace... Published 17 Jun, 2021 03:27am

World

Singapore records slowest decade of population growth since independence

SINGAPORE: Singapore’s population rose by about 1.1% each year over the past decade, the slowest rate since... Published 17 Jun, 2021 03:27am

Europe

US, Russia agree to return ambassadors: Putin

Diplomatic relations between Moscow and Washington had all but broken down since Biden took office.

Updated 16 Jun, 2021 09:28pm

South Asia

Nuclear deal must await new Iran govt: IAEA chief

"Everyone knows that, at this point, it will be necessary to wait for the new Iranian government," Rafael Grossi said.
The IAEA does not take any direct part in the negotiations but has been called on to verify any nuclear steps agreed in the talks and to continue inspections in the country.

Published 16 Jun, 2021 08:06pm

Middle East