Pakistan

Business & Economy

Dar confirms rollover of $2bn China loan, says issue is ‘no longer pending’

Denies reports that request for rollover is 'work in progress'

Updated 31 Mar, 2023 06:46pm

Money & Banking

Pakistan’s REER index falls to 98.8 in November

Pakistan’s Real Effective Exchange Rate (REER) saw a significant decrease in November, as it clocked in at 98.8...

Published 21 Dec, 2022 04:48pm

Business & Economy

Net FDI in Pakistan falls over 52% in first four months of FY23

Net Foreign Direct Investment (FDI) in Pakistan dropped 52.1% during the first four months of the ongoing fiscal ...

Updated 21 Nov, 2022 07:25pm

Business & Economy

Pakistan secures $13bn-14bn in financial commitments, says Dar

Finance minister says IMF programme on track
Reiterates action will be taken against those involved in currency manipulation

Updated 08 Nov, 2022 02:50pm

Pakistan

ADB provides Pakistan $100mn to improve KPK healthcare sector

Funds will be used to modernise infrastructure and equipment as well as improve human resources planning and medicine supply chain management

Updated 04 Nov, 2022 07:48pm

Commodities

Pakistan seeks lower prices in talks for 500,000 tonne wheat tender

HAMBURG: A second trading house is believed to have matched the lowest price of $373.00 a tonne c&f offered...

Published 27 Oct, 2022 01:06pm

Pakistan

Dar meets key officials: floods devastation, relief efforts remain top agenda

Federal Minister for Finance and Revenue Ishaq Dar met top government officials of the United States and United...

Published 15 Oct, 2022 11:31am

Business & Economy

IMF mission to visit Pakistan in November

IMF is encouraging Pakistan to move from an untargeted subsidy that is a waste of resources, says Fund's official

Updated 14 Oct, 2022 11:19pm

Pakistan

IMF, World Bank leadership assure Dar of continued support for Pakistan

Dar assures incumbent government is committed to completing IMF programme

Updated 14 Oct, 2022 11:18pm

Energy

OPEC decision to cut output could hurt Pakistan's economy

The group is motivated to keep prices higher in order to shore up fiscal revenues of member countries, says brokerage house AKD Securities

Updated 06 Oct, 2022 11:13pm

Pakistan

Govt jacks up petrol price by Rs6.72 per litre, diesel's rate goes down Rs0.51

Rate of petrol now at Rs233.91 per litre, diesel at Rs244.44

Published 15 Aug, 2022 11:52pm

Pakistan

Zameen.com organizes Property Sales Event in Lahore

Lahore: Pakistan’s leading real estate enterprise Zameen.com recently organised a 2-day-long Property Sales Event...

Published 27 Aug, 2021 01:36pm

Pakistan

Pakistan Navy Ship NASR pays goodwill visit to Mombasa, Kenya

Upon arrival at port of Mombasa, PN Ship was received by High Commissioner of * Pakistan to Kenya, Pakistan Defence Advisor and host country naval officials, said a Pakistan Navy news release.

Published 01 Apr, 2021 12:03am

Pakistan

Bank Al Habib Limited declares 45% cash dividend

Deposits of the Bank as on December 31, 2020 were Rs. 1,099,686 and Profit after tax was Rs. 17,812 million.

Published 26 Mar, 2021 02:18pm

Pakistan

Pakistan, India seek to lift some curbs to help millions hit by coronavirus lockdowns

Prime Minister Narendra Modi ordered the population of 1.3 billion to keep indoors for 19 days more after a strict

Published 15 Apr, 2020 07:52am

Industry

Pakistan, India plan to restart some economic activity during coronavirus lockdown

The shutdown has left millions of people without work and the World Bank forecast India’s economic growth could dro

Published 13 Apr, 2020 09:39am

Pakistan

PMA Sindh JAC meeting held

To get the problems of doctors of Sindh especially in present pandemic of coronavirus a meeting of Joint Action Committee of doctors of Sindh, Joint Action Committee Pakistan Medical Association Sindh and Young Doctors Association Sindh was held on video

Published 06 Apr, 2020 12:00am

Pakistan

SBP announces relief package for households, businesses to cushion COVID-19 impact

The central bank has increased the bank’s overall pool of loanable funds. The regulatory limit on the extensio

Updated 28 Mar, 2020 09:27am

Pakistan

SECP relaxes regulatory deadline amid COVID-19 concerns

SECP has relaxed the regulatory deadlines under the Companies Act. In order to facilitate companies and

Updated 25 Mar, 2020 08:17am

Stocks

Pakistan Stock Exchange launches first-ever ETFs

The ETFs are investment products combining the returns offered by the stock market with the diversity offered by a

Published 24 Mar, 2020 12:03pm

Money & Banking

SBP urges customers to avoid currency notes transaction amid coronavirus spread

SBP is continuously engaged with the industry to understand issues and challenges and formulate a policy response a

Published 17 Mar, 2020 09:47am

Pakistan

Electric vehicle push struggles to accelerate in Pakistan amid traditional automakers pushback

Transport accounts for more than 40% of the air pollution produced in Pakistan, according to data from the country’

Published 12 Mar, 2020 08:13am

Pakistan

IMF agreement, falling oil prices a ‘blessing in disguise’ for Pakistan, says expert

There are prospects that oil may fall to $30 per barrel and inflation decline to six percent, just like in the prev

Published 28 Feb, 2020 10:11am

Pakistan

Pakistan's continuous stay on FATF grey list a ‘credit negative’ for its banks: Moody's

The announcement is credit negative for Pakistani banks because it raises questions about potential additional rest

Updated 28 Feb, 2020 06:37am

Pakistan

Pakistan’s luck with trade finally takes a turn for the better

Reliance on a few countries for trade dangerous in times of global uncertainty Pakistan can't afford to suffer

Updated 25 Feb, 2020 10:49am

Pakistan

National Power Grid to step in until K-Electric acquisition is complete

The Cabinet Committee on Energy (CCoE) has been requested by the power division for an exemption on the 2016 import

Updated 25 Feb, 2020 07:56am

Companies

Farrukh Hussain assumes charge of Pakistan Stock Exchange CEO

Farrukh Hussain has assumed charge with effect from today, announce PSX. Furrukh Hussain Khan has assume

Published 24 Feb, 2020 05:52am

Pakistan

New airline ‘K2 Airways’ all set to soon begin operations in Pakistan

K2 Airways intends to serve at numerous domestic destinations across Pakistan including Islamabad, Skardu and Chitr

Published 30 Jan, 2020 09:40am

Pakistan

KPRA: A remarkable first half of the financial year

 KP revenue authority on record high in collecting tax on services

Series of reforms in taxation and ease of

Updated 01 Jan, 2020 11:30am

Pakistan

Gallup and Dun & Bradstreet to publish Consumer Confidence Index of Pakistan

The Consumer Confidence Index is to be used as a leading economic indicator for stakeholders across the board.

Published 30 Dec, 2019 05:46am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 6 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
Popular Islamic / Dec 6 Popular Islamic Modaraba(PIM)	10.50 ▲ 1.00 (10.53%)
Bawany Air Products / Dec 6 Bawany Air Products Limited(BAPL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Dec 6 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 6 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 6 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Sakrand Sugar / Dec 6 Sakrand Sugar Mills Limited(SKRS)	9.94 ▲ 0.71 (7.69%)
Tariq Corporation / Dec 6 Tariq Corporation Limited(TCORP)	19.18 ▲ 1.34 (7.51%)
Matco Foods Ltd / Dec 6 Matco Foods Limited(MFL)	37.86 ▲ 2.64 (7.50%)

Stock	Price
Universal Ins. / Dec 6 The Universal Insurance Company Limited(UVIC)	6.45 ▼ -0.70 (-9.79%)
Power Cem(Pref) / Dec 6 Power Cement (Pref)(POWERPS)	7.80 ▼ -0.80 (-9.30%)
Unicap Modaraba / Dec 6 Unicap Modaraba(UCAPM)	1.81 ▼ -0.16 (-8.12%)
Universal Network (GEM) / Dec 6 Universal Network Systems Limited (GEM)(GEMUNSL)	26.11 ▼ -2.12 (-7.51%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 6 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Olympia Mills / Dec 6 Olympia Mills Limited(OML)	16.31 ▼ -1.31 (-7.43%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Philip Morris Pak. / Dec 6 Philip Morris (Pakistan) Limited(PMPK)	510.70 ▼ -39.30 (-7.15%)
Saif Textile / Dec 6 Saif Textile Mills Limited(SAIF)	10.22 ▼ -0.77 (-7.01%)

Stock	Volume
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	58,087,694 ▲ 0.24
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 6 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.28
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	30,480,397 ▲ 1.12
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	28,170,500 ▲ 0.47
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	26,337,000 ▲ 0.36
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	26,128,740 ▲ 0.52
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.28
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.58
Maple Leaf Cement / Dec 6 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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Pakistan

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