News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Floods, food & debt crises, and 77th UNGA session

The United Nations General Assembly’s (UNGA’s) 77th Session from September 13-27 comes at a very crucial time ...

Published 16 Sep, 2022 06:04am

Opinion

Shocks and Pakistan’s economy

‘We are living in a time of overlapping emergencies: the pandemic is not over, climate change is a reality, and...

Published 09 Sep, 2022 06:09am

Opinion

The flood catastrophe

Reportedly, around 33 million people stand affected by the most intense and devastating floods in the history of...

Published 02 Sep, 2022 06:00am

Opinion

Crisis of food prices

‘Food prices have surged more than 20% this year, according to the UN Food and Agriculture Organisation. About 345...

Published 26 Aug, 2022 05:35am

Opinion

Price stabilisation and extent of tight monetary policy

‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest...

Published 19 Aug, 2022 05:57am

Opinion

Need for fresh SDR allocation

Last August, the International Monetary Fund (IMF) issued enhanced special drawing rights (SDRs) allocation to the...

Published 12 Aug, 2022 05:44am

Opinion

Acute food inflation and a shallow global policy leadership response

The ‘Food security’ update recently released by World Bank indicated a very difficult food inflation situation...

Published 05 Aug, 2022 06:27am

Opinion

Global economic players’ dismal policy action

International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World...

Published 29 Jul, 2022 06:14am

Opinion

Default risk at hand

Around end of March, in a World Bank published article ‘Are we ready for the coming spate of debt crises’ it was...

Published 22 Jul, 2022 06:07am

Opinion

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP...

Published 15 Jul, 2022 06:20am

Opinion

Inflation, stagflation, recession

Years of neoliberal assault globally leading to a diminishing role of government, especially in regulating markets,...

Published 08 Jul, 2022 05:36am

Opinion

Reflections on G7 leaders’ summit 2022

G7 Leaders’ Summit 2022 was held recently in Germany, a little over a year later after the last such meetings were...

Updated 01 Jul, 2022 06:42am

Opinion

WTO’s 12th Ministerial Conference and Covid vaccine

‘Last week’s WTO 12th Ministerial Conference (MC12) in Geneva concluded with pro-corporate, anti-worker, and...

Published 24 Jun, 2022 06:15am

Opinion

Global economy at a delicate crossroad – II

A similar balance should be struck in the case of developing countries like Pakistan for it is critical to dealing...

Published 15 Jun, 2022 05:47am

Opinion

Global economy at a delicate crossroad – I

Global economy stands at a delicate crossroad, where wrong policy choices will be difficult to unwind in at least ...

Published 10 Jun, 2022 06:16am

Opinion

Needed: an objectives-based and mission-oriented budget

‘…which is outcomes-based budgeting. First ask ourselves what needs to be done. What does it mean to tackle...

Published 03 Jun, 2022 05:56am

Opinion

Policy rate and oil subsidy — II

Therefore, such policy increase will likely do a lot of harm to the impact of bottom-up approach by the previous...

Updated 01 Jun, 2022 09:44am

Opinion

Policy rate and oil subsidy — I

In its latest Monetary Policy Statement (MPS), released a few days ago, State Bank of Pakistan (SBP) raised policy...

Published 28 May, 2022 05:11am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Opinion

Controlling inflation, financing deficits — II

Moreover, the government should even think of immediately quitting the IMF programme. If the Fund does not ...

Published 17 May, 2022 05:39am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Samba Bank / Nov 29 Samba Bank Limited(SBL)	8.57 ▲ 0.72 (9.17%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Image Pakistan / Nov 29 Image Pakistan Limited(IMAGE)	19.05 ▲ 1.33 (7.51%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)

Stock	Price
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 29 Pak-Gulf Leasing Company Limited(PGLC)	6.80 ▼ -0.70 (-9.33%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Sardar Chemical / Nov 29 Sardar Chemical Industries Limited(SARC)	25.80 ▼ -2.00 (-7.19%)
Asim Textile / Nov 29 Asim Textile Mills Limited(ASTM)	13 ▼ -1.00 (-7.14%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.03
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.19
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.01
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	24,938,598 ▼ -0.13
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.27
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.19
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.67
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -1.30

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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