News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Elusive macroeconomic stability

In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of...

Published 22 Sep, 2023 03:40am

Opinion

Unwarranted austerity policy

As another monetary policy statement is about to be released, as the writer contributes this article, it is time to...

Updated 15 Sep, 2023 07:25am

Opinion

Revisiting economy’s direction

‘But putting growth at the center of economic policymaking is a mistake. While important, growth in the abstract ...

Published 01 Sep, 2023 05:41am

Opinion

Need for greater discretionary economic policy

The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By...

Updated 25 Aug, 2023 07:08am

Opinion

Economic policy by the interim govt

Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on...

Updated 18 Aug, 2023 06:22am

Opinion

A mission-oriented industrial policy

‘While it is generally true that mainstream economists have responded to industrial policy with knee-jerk ...

Published 11 Aug, 2023 05:17am

Opinion

Debt, weak multilateralism, and austerity

The number of developing countries having high debt levels, that is having public debt more than 60 percent of their...

Updated 04 Aug, 2023 06:53am

Opinion

‘Heat economic policy’

It is, indeed, important that Pakistan should continue to deal with its macroeconomic and growth challenges of the...

Published 28 Jul, 2023 03:03am

Opinion

Inequality, poverty, and austerity — II

Unfortunately, both the IMF and individual countries practicing these, in or outside of the IMF programme, are not...

Published 22 Jul, 2023 06:25am

Opinion

Inequality, poverty, and austerity–I

Two reports recently released clearly indicate that in the wake of pandemic, not only has progress on sustainable...

Published 21 Jul, 2023 07:08am

Opinion

Improving foreign investment climate

‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per...

Published 14 Jul, 2023 06:55am

Opinion

Climate change crisis and multilateralism

‘I played a key role as chair of the African Union during the Covid period. We felt like we were beggars when it...

Updated 07 Jul, 2023 06:04am

Opinion

The great economic challenge

Proud nations, with will of steel, shine the brightest when the clouds are the darkest. The current economic...

Published 23 Jun, 2023 06:00am

Opinion

Huge global economic policy challenges

‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic...

Published 16 Jun, 2023 06:27am

Opinion

Climate change, debt, and inflation

“If you’ve been feeling confused and as though everything is impacting on you all at the same time, this is not ...

Updated 09 Jun, 2023 07:10am

Opinion

Gross financing, and medium-term economic strategy

International Monetary Fund (IMF) Country Report No. 22/288, released in September 2022 – the last such report...

Published 02 Jun, 2023 03:56am

Opinion

Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism

The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for...

Updated 26 May, 2023 07:12am

Opinion

A mission-oriented Budget

Never before in 75-year history of the country has Annual Budget been so important. Now that Pakistan has struggled...

Published 19 May, 2023 06:17am

Opinion

Economic stress

Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a ...

Updated 12 May, 2023 06:33am

Opinion

Pakistan, and international global financial order: Revisiting macroeconomic policy

In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International...

Published 05 May, 2023 06:44am

Gainers
Losers
Leaders

Stock	Price
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Universal Ins. / Sep 28 The Universal Insurance Company Limited(UVIC)	3.80 ▲ 0.29 (8.26%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	37.42 ▲ 2.61 (7.50%)
Invest Bank / Sep 28 Invest Capital Investment Bank Limited(ICIBL)	1.12 ▲ 0.07 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.25 ▲ 0.07 (5.93%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)
EFU General / Sep 28 EFU General Insurance Limited(EFUG)	89.50 ▲ 4.65 (5.48%)
Ist.Capital Sec / Sep 28 First Capital Securities Corporation(FCSC)	0.98 ▲ 0.05 (5.38%)
Habib Rice Products / Sep 28 Habib Rice Product Limited(HRPL)	39.50 ▲ 2.00 (5.33%)

Stock	Price
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	387.56 ▼ -51.93 (-11.82%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	10.72 ▼ -1.00 (-8.53%)
Kohat Textile / Sep 28 Kohat Textile Mills Limited(KOHTM)	11.30 ▼ -0.95 (-7.76%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.50 ▼ -3.36 (-7.49%)
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	2.24 ▼ -0.16 (-6.67%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
First Prudential Mod. / Sep 28 First Prudential Modaraba(PMI)	1.58 ▼ -0.06 (-3.66%)
St.Chart.Bank / Sep 28 Standard Chartered Bank (Pak) Ltd(SCBPL)	28 ▼ -1.00 (-3.45%)
Attock Petroleum / Sep 28 Attock Petroleum Limited(APL)	292 ▼ -9.97 (-3.30%)
Artistic Denim / Sep 28 Artistic Denim Mills Limited(ADMM)	54.10 ▼ -1.80 (-3.22%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.08
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.00
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.20
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.29
Agritech Limited / Sep 28 Agritech Limited(AGL)	6,663,000 ▲ 0.41
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.00
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.22
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.03
Sui North Gas / Sep 28 Sui Northern Gas Pipelines Limited(SNGP)	5,152,021 ▲ 0.02

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	288.03
USD PKR Interbank Buying / Sep 28	287.73
USD to Japanese Yen / Sep 28	149.36
USD to Swiss Franc / Sep 28	0.92
Pound Sterling to USD / Sep 28	1.21
Euro to USD / Sep 28	1.05
UK LIBOR % / Sep 27	5.43

Stock	Volume
S&P 500 / Sep 27	4274.51
Nasdaq / Sep 27	13092.85
FTSE 100 / Sep 27	7593.22
Dow Jones / Sep 27	33550.27
Germany DAX 30 / Sep 27	15217.45
France CAC40 / Sep 27	7071.79
India Sensex / Sep 28	66115.09
Tokyo Nikkei / Sep 28	31744.50
Hang Seng / Sep 28	17429.46

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	17935
Gold 10 Grams PKR / Sep 27	174950
Crude Oil USD/Barrel / Sep 28	94.58
Gold Spot USD/Ounce / Sep 28	1874.97
Cotton US¢/pound / Sep 28	88.65

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