Business & Finance

Pakistan’s Reko Diq mine to generate $74bn in free cash flow over 37 years, Barrick CEO says

Project expected to start production by end of 2028

Gold price per tola increases Rs500 in Pakistan

After declining in the previous session, gold prices in Pakistan rose on Monday in line with their increase in...

Rousch Power transfers complex to government entity after CPPA settlement

Rousch (Pakistan) Power Limited (RPPL), an Independent Power Producer (IPP), has handed over its complex to the...

Nuclear power dominates as Pakistan’s electricity generation increases 1% in December 2024

Monetary Policy Committee to meet on January 27: SBP

Aurangzeb heads to Davos for World Economic Forum moot

OGDCL enhances oil and gas production

Intra-day update: rupee strengthens against US dollar

Kotak Mahindra Bank, Wipro lead rise in India’s benchmark indexes

Companies

Markets

Rousch Power transfers complex to government entity after CPPA settlement

Updated 20 Jan, 2025 04:40pm

Markets

OGDCL enhances oil and gas production

Updated 20 Jan, 2025 04:36pm

Sports

Ensure becomes official food supplement partner of Islamabad United

Published 20 Jan, 2025 05:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	156.03
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.22
Euro to USD / Jan 20	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 20	77,231.09
Tokyo Nikkei / Jan 20	38,932.72
Hang Seng / Jan 20	19,990.17
FTSE 100 / Jan 20	8,532.51
Germany DAX 30 / Jan 20	20,903.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Petrol/Litre / Jan 20	256.13
Crude Oil USD/Barrel / Jan 20	77.94
Gold Spot USD/Ounce / Jan 20	2,707.81
Diesel/Litre / Jan 20	260.95

Budget 2024-25: income tax calculator for FY25

Money / Banking

Monetary Policy Committee to meet on January 27: SBP

Sterling drops against dollar

Yuan on track to snap 4-week losing streak

Taxes

Customs Tribunal rules in favour of vehicle owner, waives penalty

Tax rebate for full-time teachers: FBR directed to issue detailed IT explanatory circular

STZA licencees should obtain registration under PSW: FBR

Industry

Handicraft industry: Skills must be imparted to females: FCCI

PBF backs Green Pakistan Initiative

CCP takes notice of ‘extraordinary’ hike in prices of Day-Old Chick

Statistics

1HFY25 FDI clocks in at $1.3bn, up 20% YoY

Pakistan’s REER index clocks in at 103.7 in December 2024

Pakistan registers massive $582mn current account surplus in December 2024

Real Estate

Country Garden expects to reach terms with creditors in Feb, lawyer tells court

China’s property investment drops 10.6% in 2024, sales slump 12.9%

British homebuilder Vistry warns of uncertain market conditions

Interest Rates

Monetary Policy Committee to meet on January 27: SBP

US could cut interest rates 3 or 4 times this year: Fed official

Eurozone inflation rises, likely forcing slower ECB rate cuts

Budgets

Pakistan

PBC apologies for mistake, now says Pakistan’s salaried class paying up to 3 times more tax than in India

Updated 26 Jul, 2024 05:10pm

Business & Finance

AFF’s tax memorandum on federal & provincial finance acts, 2024

Published 06 Jul, 2024 01:48pm

Pakistan

Dr Gohar Ejaz urges govt to provide relief to salaried class

Updated 05 Jul, 2024 04:45pm

Stocks

Sri Lankan shares end higher as utilities, consumer discretionary stocks gain

CSE All Share index settled 0.7% higher at 16,373.15

Published 20 Jan, 2025 04:36pm

Commodities

Palm tracks Dalian oils higher, weak exports cap gains

JAKARTA: Malaysian palm oil futures rose for a second session on Monday, supported by strength in Dalian vegetable...

Published 20 Jan, 2025 04:33pm

Stocks

Buying rally continues, KSE-100 gains over 570 points

The buying rally continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 closing with a gain of...

Updated 20 Jan, 2025 05:23pm

China’s economy beats forecasts in 2024, braces for trade war

BEIJING: China’s economy ended 2024 on better footing than expected helped by a flurry of stimulus measures,...

Published 20 Jan, 2025 05:31am

New tracking devices: Bonded carriers face additional burden of over Rs300m

KARACHI: Pakistan’s transit trade sector faces unprecedented turmoil as bonded carriers are forced to bear an...

Published 20 Jan, 2025 05:31am

Currency

Bitcoin hits record above $109,000 awaiting Trump

LONDON: Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who has signalled plans to deregulate...

Published 20 Jan, 2025 02:44pm

Mutual Funds

Euro zone bond yields slip with focus on Trump inauguration

LONDON: Euro zone bond yields eased in early trading on Monday, with investor focus on the inauguration of Donald...

Published 20 Jan, 2025 02:37pm

Stocks

European shares steady as Trump’s inauguration takes centre stage

European shares edged higher on Monday, supported by banks and technology stocks, as investors braced for Donald...

Published 20 Jan, 2025 02:35pm

Commodities

Ivory Coast 2024/25 cocoa arrivals up 24.7% as of January 19

ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast had reached 1.191 million metric tons by Jan. 19 since...

Published 20 Jan, 2025 02:33pm

Energy

LNG traders divert six US cargoes to Europe from Asia

SINGAPORE: Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe...

Published 20 Jan, 2025 02:32pm

Stocks

Major Gulf markets gain on Gaza ceasefire

Major stock markets in the Gulf rose in early trade on Monday, helped by the ceasefire deal between Israel and...

Published 20 Jan, 2025 02:28pm

China’s BYD to complete $1 billion Indonesia plant by end-2025, executive says

JAKARTA: China’s top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of...

Published 20 Jan, 2025 02:26pm

Bullion Rate

Gold trims losses, investors await Trump’s inauguration speech

Gold cut early losses on Monday as investors looked forward to Donald Trump’s inauguration speech for clarity on the...

Published 20 Jan, 2025 02:08pm

Heimtextil 2025: Pakistan emerges as fourth largest exhibitor

KARACHI: Pakistan significantly enhanced its participation in Heimtextil 2025, ascending to the fourth-largest...

Published 20 Jan, 2025 05:31am

Malaysia’s December exports rise 16.9% y/y, above forecast

KUALA LUMPUR: Malaysia’s exports rose 16.9% in December, above market expectations, government data showed on...

Published 20 Jan, 2025 02:02pm

Commodities

Copper retreats from 1-month high on dollar strength, US policy uncertainty

SHANGHAI: Most base metals, including copper, which touched a one-month high last week, declined on Monday due to a...

Published 20 Jan, 2025 01:08pm

Commodities

Iron ore flat as supply concerns ease amid improving China sentiment

SINGAPORE: Dalian iron ore futures traded flat on Monday as traders weighed the easing supply concerns and lagging...

Published 20 Jan, 2025 01:07pm

Forex

China’s yuan rises to over two-week high on positive US-China talk, better economic data

HONG KONG: China’s yuan rose on Monday to its highest against the dollar since Jan. 3 buoyed by a friendly call...

Published 20 Jan, 2025 01:04pm

Commodities

US soybean market share in China shrinks in 2024, replaced

BEIJING: China’s soybean imports from the United States dropped 5.7% in 2024 from the previous year and were...

Published 20 Jan, 2025 01:02pm

Mutual Funds

Indian bond yields a tad higher as caution prevails before Trump takes charge

MUMBAI: Indian government bond yields edged up cautiously on Monday, the start of an important week that will see...

Published 20 Jan, 2025 01:01pm

Stocks

China, HK stocks rally as Trump-Xi call calms nerves

HONG KONG: China and Hong Kong stocks jumped on Monday as US President-elect Donald Trump and Chinese President Xi...

Published 20 Jan, 2025 01:00pm

Mutual Funds

JGB yields ease ahead of Trump inauguration, BOJ policy decision

TOKYO: Japanese government bond yields eased on Monday as traders braced for potential volatility ahead of Donald...

Published 20 Jan, 2025 12:51pm

Mutual Funds

Philippines awards $472mn T-bill offer

MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:...

Published 20 Jan, 2025 12:48pm

Livestock development can play key role in strengthening economy: minister

LAHORE: Punjab Minister for Livestock and Agriculture, Syed Ashiq Hussain Kirmani emphasised that Pakistan holds...

Published 20 Jan, 2025 05:31am

Energy

Iran raises February light crude price to Asia

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.95 a barrel above...

Published 20 Jan, 2025 12:45pm

Forex

Asian currencies, equities edge higher ahead of Trump’s new term

Asian currencies nudged higher on Monday, supported by a pause in the dollar rally ahead of US President-elect...

Published 20 Jan, 2025 12:43pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	156.03
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.22
Euro to USD / Jan 20	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 20	77,231.09
Tokyo Nikkei / Jan 20	38,932.72
Hang Seng / Jan 20	19,990.17
FTSE 100 / Jan 20	8,532.51
Germany DAX 30 / Jan 20	20,903.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Petrol/Litre / Jan 20	256.13
Crude Oil USD/Barrel / Jan 20	77.94
Gold Spot USD/Ounce / Jan 20	2,707.81
Diesel/Litre / Jan 20	260.95

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	3.61 ▲ 0.91 (33.70%)
Burj Clean Energy Modaraba / Jan 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.60 ▲ 1.00 (13.16%)
Apna Microfin. / Jan 20 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
I.C.C. Ind. / Jan 20 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
Loads Limited / Jan 20 Loads Limited(LOADS)	17 ▲ 1.55 (10.03%)
AKD Securities / Jan 20 AKD Securities Limited(AKDSL)	24.93 ▲ 2.27 (10.02%)
Ghani Chem. Ind. / Jan 20 Ghani Chemical Industries Limited(GCIL)	18.24 ▲ 1.66 (10.01%)
Attock Cement / Jan 20 Attock Cement Pakistan Limited(ACPL)	254.47 ▲ 23.13 (10.00%)
Baba Farid Sugar / Jan 20 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10.00%)

Stock	Price
Hussain Industries / Jan 20 Husein Industries Limited(HUSI)	31.09 ▼ -3.45 (-9.99%)
Faisal Sp. / Jan 20 Faisal Spinning Mills Limited(FASM)	334.01 ▼ -35.89 (-9.70%)
Parmount Sp. / Jan 20 Paramount Spinning Mills Limited(PASM)	4.61 ▼ -0.44 (-8.71%)
Sindh Abadgar / Jan 20 Sindh Abadgar's Sugar Mills Limited(SASML)	38.04 ▼ -3.46 (-8.34%)
MithchellsFruit / Jan 20 Mitchells Fruit Farms Limited(MFFL)	279 ▼ -24.10 (-7.95%)
LSE Financial Serv. / Jan 20 LSE Financial Services Limited(LSEFSL)	19.26 ▼ -1.62 (-7.76%)
AN Textile Mill / Jan 20 AN Textile Mills Limited(ANTM)	11.80 ▼ -0.99 (-7.74%)
Service Textile / Jan 20 Service Industries Textiles Limited(SERT)	13.82 ▼ -1.16 (-7.74%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	52.02 ▼ -4.22 (-7.50%)

Stock	Volume
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	101,934,297 ▼ -0.01
Lotte Chemical / Jan 20 Lotte Chemical Pakistan Limited(LOTCHEM)	59,408,954 ▲ 1.94
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	57,604,421 ▲ 0.91
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	36,888,747 ▲ 0.70
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	32,496,536 ▲ 0.17
Dewan Motors / Jan 20 Dewan Farooque Motors Limited(DFML)	28,438,701 ▲ 1.02
Citi Pharma Ltd / Jan 20 Citi Pharma Ltd.(CPHL)	24,244,731 ▲ 7.71
Maple Leaf Cement / Jan 20 Maple Leaf Cement Factory Limited(MLCF)	19,741,577 ▲ 2.08
The Searle Co. / Jan 20 The Searle Company Limited(SEARL)	17,062,686 ▲ 4.29

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