Home - Business Recorder

Published 04 Oct, 2023 06:20am

Fiscal adjustment hamstrung by interest payments

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has cautioned that interest...

World Bank projects primary balance at negative 0.4pc

Published 04 Oct, 2023 06:20am

Certain tax policies discourage investment in tradable sector: World Bank

Published 04 Oct, 2023 06:20am

3rd Belt and Road Forum: Over 2 dozen pacts likely to be signed

Published 04 Oct, 2023 06:20am

ECC approves telecom infrastructure- sharing framework

Published 04 Oct, 2023 06:20am

Customs agents, transporters: FBR seeks bank guarantees for Afghan transit goods

Published 04 Oct, 2023 06:20am

Illegal immigrants asked to leave country by Nov 1: Afghan nationals involved in terrorist attacks: Bugti

Published 04 Oct, 2023 06:20am

Afghan transit commercial goods: FBR slaps 10pc processing fee on 5 categories

Published 04 Oct, 2023 06:20am

Special forensic audit of SSGCL, Pesco, Hesco ordered

Published 04 Oct, 2023 06:20am

‘FPA, QTA in power bills’: SC issues notices to AGP, respondents

Published 04 Oct, 2023 06:20am

Announcement

Published 04 Oct, 2023 06:20am

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Inflation drags the economy further

Calculate your monthly liability in FY24

More companies announce temporary shutdowns as economic woes continue

Third-party participation in CPEC: Accord likely at third Belt and Road Forum

Open-market: rupee continues to recover against US dollar

Rupee sees 19th successive gain, settles at 285.72 against US dollar

NJLI Sarmaya Growth Fund Rates

Open-market: rupee registers marginal gain against US dollar

Opposition of IMF, World Bank: Plan to have direct credit lines from banks, FIs shelved

Inflation drags the economy further

Cement: Team work makes the dream work

Open-market: rupee continues to recover against US dollar

More companies announce temporary shutdowns as economic woes continue

Rupee sees 18th consecutive session of gain, settles at 286.76 against US dollar

Govt injects more clarity into SIFC initiative

NJLI Sarmaya Growth Fund Rates

President dismisses FBR’s appeal against expats

Cement: Team work makes the dream work

Pakistan’s headline inflation reading clocks in at 31.4% in September

Taming inflation: pushing the boulder uphill

Tax return filing deadline likely to be extended by 1 month

NJLI Sarmaya Growth Fund Rates

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

FBR confirms tax return filing deadline extended by 1 month

FBR urged to extend income tax return deadline

Pakistan 'finalises' free trade agreement with GCC

Pakistani rupee emerges as world’s best-performing currency in September

CEOs of Discos to be appointed from Federal Service

IMF programme: Govt will deliver to secure $700m under SBA: Shamshad

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.26
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Tokyo Nikkei / Oct 3	30636.50
Nasdaq / Oct 3	13059.47
Hang Seng / Oct 3	17196.07
FTSE 100 / Oct 3	7470.16
Dow Jones / Oct 3	33002.38
Germany DAX 30 / Oct 3	15085.21
France CAC40 / Oct 3	6997.05

Item	Value
Crude Oil USD/Barrel / Oct 3	89.19
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Gold Spot USD/Ounce / Oct 3	1821.11
Cotton US¢/pound / Oct 3	87.32

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▼ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▲ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▲ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▲ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	60,699,742 ▲ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▲ 0.00
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▲ 0.00
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▲ 0.00
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	6,620,348 ▲ 0.00
K-Electric Ltd. / Oct 4 K-Electric Limited(KEL)	6,049,235 ▲ 0.00
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	5,287,550 ▲ 0.00
Fauji Foods Ltd / Oct 4 Fauji Foods Limited(FFL)	4,971,746 ▲ 0.00
Shell Pakistan / Oct 4 Shell Pakistan Limited(SHEL)	4,181,253 ▲ 0.00
Citi Pharma Ltd / Oct 4 Citi Pharma Ltd.(CPHL)	3,645,729 ▲ 0.00

Markets →

More companies announce temporary shutdowns as economic woes continue

Third-party participation in CPEC: Accord likely at third Belt and Road Forum

Open-market: rupee continues to recover against US dollar

Rupee sees 19th successive gain, settles at 285.72 against US dollar

NJLI Sarmaya Growth Fund Rates

Open-market: rupee registers marginal gain against US dollar

Opposition of IMF, World Bank: Plan to have direct credit lines from banks, FIs shelved

Inflation drags the economy further

Cement: Team work makes the dream work

Open-market: rupee continues to recover against US dollar

More companies announce temporary shutdowns as economic woes continue

Rupee sees 18th consecutive session of gain, settles at 286.76 against US dollar

Govt injects more clarity into SIFC initiative

NJLI Sarmaya Growth Fund Rates

President dismisses FBR’s appeal against expats

Cement: Team work makes the dream work

Pakistan’s headline inflation reading clocks in at 31.4% in September

Taming inflation: pushing the boulder uphill

Tax return filing deadline likely to be extended by 1 month

NJLI Sarmaya Growth Fund Rates

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

FBR confirms tax return filing deadline extended by 1 month

FBR urged to extend income tax return deadline

Pakistan 'finalises' free trade agreement with GCC

Pakistani rupee emerges as world’s best-performing currency in September

CEOs of Discos to be appointed from Federal Service

IMF programme: Govt will deliver to secure $700m under SBA: Shamshad

Business & Finance

MENA

‘GITEX GLOBAL 2023’ in Dubai: Pak companies look to build on last year’s successes

KARACHI: Some 48 Pakistani companies are registered to exhibit at the 43rd edition of GITEX GLOBAL this year in... Published 04 Oct, 2023 06:20am

BR Research

Inflation drags the economy further

Waiting for inflation to taper is like Samuel Beckett’s Waiting for Godot, a theater in absurdity. It is showing no...

Published 03 Oct, 2023 08:57am

MENA

Dubai a ‘natural’ fit for Pakistanis looking to buy property abroad

Pakistanis have a huge interest in buying real estate in Dubai due to factors including proximity and “close... Published 04 Oct, 2023 06:20am

2023-10-04-02-41

Adoption of digital payments can boost GDP by 7pc: study

KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7... Published 04 Oct, 2023 06:20am

BR Research

Petroleum pricing: Border and currency controls imperative

The petroleum product price relief for the ongoing fortnight felt too little, given how retail prices are almost 50...

Published 03 Oct, 2023 08:54am

Illegal loan apps reach public through WhatsApp after being removed from app stores

After getting removed from Google Play and Apple store, illegal loan providers have started to exploit other means... Updated 03 Oct, 2023 10:33pm

2023-10-04-02-41

World Bank revises growth downward to 1.7pc

ISLAMABAD: The World Bank has revised downward Pakistan’s GDP growth projection for the current fiscal year ... Published 04 Oct, 2023 06:20am

2023-10-04-02-22

Sept cement despatches decline 3.96pc YoY

LAHORE: Cement despatches declined by 3.96% in Septmber 2023 as the total despatches during last month stood at ... Published 04 Oct, 2023 06:20am

2023-10-04-01-25

Solar panels import scam: FBR, SBP heads to brief Senate panel today

ISLAMABAD: Chairman Federal Board of Revenue (FBR) and Governor State Bank of Pakistan (SBP) will brief Senate... Published 04 Oct, 2023 06:20am

2023-10-04-02-22

Sept POL products’ sales plunge 31pc to 1.06m tons YoY

KARACHI: The petroleum products sales declined to 1.06 million tons, ie, down significantly by 31 percent YoY and 25... Published 04 Oct, 2023 06:20am