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BR Research

Monetary policy: Balancing rate cuts and inflation

The monetary policy is due on Monday. The market rates (T-Bills and KIBOR) have already plummeted, making the...

Published 13 Dec, 2024 08:24am

Editorials

Blaming IMF for inflation!

EDITORIAL: In response to a query from a member of the Treasury benches, Tahira Aurangzeb, the Ministry of Finance...

Published 13 Dec, 2024 07:27am

Opinion

FBR: Messing up a messy law

Actus legis nemini facit injurium (A party should not suffer on account of an act or omission by the Court or State...

Published 13 Dec, 2024 07:39am

Business & Finance

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in...

Published 13 Dec, 2024 06:29am

BR Research

Unlocking Pakistan’s potential in medical technology

Pakistan’s journey in precision engineering, particularly in the medical technology sector, reflects both immense...

Published 13 Dec, 2024 08:27am

Opinion

Pakistan’s economic outlook 2025: inflation, growth, & debt

Among macroeconomic indicators, primarily inflation has come down drastically over recent months, whereby consumer...

Updated 13 Dec, 2024 03:41pm

Editorials

Rising remittance flows

EDITORIAL: Remittances surged by 34 percent year-on-year to 14.76 billion dollars July-November 2024 against 11...

Updated 12 Dec, 2024 08:03am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

Opinion

Who won, who lost in Syria?

Who cares about learning a lesson when a really big prize is in sight? So, from the point of view of the US whose...

Updated 12 Dec, 2024 08:08am

Opinion

Economic repercussions of reliance on cotton imports

Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its...

Updated 12 Dec, 2024 08:11am

BR Research

Discos: Dancing to the tune of inefficiency

NEPRA’s FY24 Performance Evaluation Report is out, and the results are depressingly predictable. Pakistan’s power...

Published 12 Dec, 2024 08:42am

Editorials

Rethinking housing solutions

**EDITORIAL: Finance Minister Muhammad Aurangzeb’s timely observations while addressing the International...

Updated 11 Dec, 2024 08:21am

BR Research

Will the next inflationary cycle look different?

When the SBP autonomy bill was first presented in Parliament in March 2021, it met with resistance on multiple...

Published 11 Dec, 2024 09:02am

BR Research

Time to channelise remittances

Remittances have been on an uphill journey in the ongoing fiscal year. These inflows increased significantly by 34...

Published 11 Dec, 2024 08:55am

Opinion

The unseen costs of power sector mismanagement

The ongoing public discourse surrounding K-Electric’s PKR 68 billion claim for write-offs reveals an alarming gap...

Published 11 Dec, 2024 07:23am

Technology

Google: what did Pakistanis ask the search engine in 2024

Arshad Nadeem, Mukesh Ambani, iPhone 16, 'Heeramandi' among highlights of Pakistanis' search preferences

Updated 11 Dec, 2024 02:47pm

Editorials

Inflation declines, but where’s feel-good factor?

EDITORIAL: Sensitive Price Index (SPI) for the week ending 5 December 2024 was 3.57 percent year on year, a massive...

Published 10 Dec, 2024 06:31am

BR Research

Winter Incentive Package: A welcome U-Turn

The government’s decision to include net metering electricity consumers in the Winter Demand Initiative is a...

Published 10 Dec, 2024 09:00am

Opinion

Human development index of provinces

The Population and Housing Census of 2023 has generated a lot of useful information on key indicators. The ...

Published 10 Dec, 2024 06:43am

BR Research

Power sector privatisation – A pipe dream without cost allowances

There is perhaps no country in the world where bad debts do not exist in the energy utility sector, and usually,...

Published 10 Dec, 2024 08:56am

Opinion

Bashar al-Assad’s fall

The fall of Damascus the Syrian capital came on December 8, 2024 as the climax to the fall of city after city to the...

Published 10 Dec, 2024 06:48am

Editorials

Elite capture

EDITORIAL: In economic terms an elite is defined as external rent seekers comprising of an entity or a group who...

Updated 09 Dec, 2024 08:08am

BR Research

‘Smogged Down’: Pakistan’s fight for clean air

Despite the choking haze that grips its cities year after year, Pakistan remains caught in a web of policy inertia...

Published 09 Dec, 2024 08:59am

Opinion

Poor FBR performance

The monthly Economic Update and Outlook was uploaded on the Finance Division website on 28 November 2024 with the ...

Updated 09 Dec, 2024 08:11am

Opinion

Electricity tariffs: full cost recovery model no longer sustainable

In the energy sector, nothing seems to be working to increase consumption on the grid. The concept of full cost...

Updated 09 Dec, 2024 08:13am

Editorials

Pakistan’s semiconductor policy

EDITORIAL: Recently, drafting of a “Semiconductor Policy and Action Plan” by the Ministry of Information...

Published 08 Dec, 2024 02:56am

World

Assad’s fall followed years of bloodshed and division in Syria

The sudden collapse of Bashar al-Assad’s rule over Syria marks the culmination of a nearly 14-year rebellion and a...

Updated 08 Dec, 2024 04:30pm

Opinion

Going cashless

Cash transactions continue to dominate Pakistan’s economy, with much of the activity occurring in the informal...

Published 08 Dec, 2024 02:56am

Editorials

Pledge to IMF reforms

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb, during a recent briefing to the National Assembly Standing...

Updated 07 Dec, 2024 08:47am

Opinion

All is not well at the economic front

The Federal Minister for Finance and Revenue Muhammad Aurangzeb reaffirmed this Wednesday at the ‘International...

Updated 07 Dec, 2024 08:50am

Opinion

Print making a comeback

Don’t have the exact date but print media first appearing in the form of newspaper dates back to the 17th ...

Updated 07 Dec, 2024 08:53am

Editorials

Cultivating self-reliance: roadmap for edible oil

EDITORIAL: The Ministry of Commerce’s plan to draft a comprehensive edible oil policy presents a pivotal opportunity...

Updated 06 Dec, 2024 02:48pm

BR Research

The ADR fail

The FBR’s probable aim to raise an additional Rs 70-100 billion in tax by imposing a higher tax on banks with a low...

Published 06 Dec, 2024 08:52am

Opinion

Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with...

Updated 06 Dec, 2024 08:09am

BR Research

Interview with Sana Shakeel - Head of Business Development at Careem Pakistan

‘Simplifying corporate mobility for companies in Pakistan through C4B’ Currently serving as the Head of Business...

Published 06 Dec, 2024 08:44am

Opinion

A truly global economic policy needed

In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of...

Updated 06 Dec, 2024 08:12am

BR Research

It’s tepid times for cement

Every month, the cement manufacturers association shares the industry’s volumetric sales for public consumption, and...

Published 06 Dec, 2024 08:48am

Editorials

Retirement age proposal

EDITORIAL: The recent proposal to reduce retirement age from 60 to 55 years for the bureaucracy warrants a serious...

Published 05 Dec, 2024 07:16am

BR Research

ADR race: calm down your horses

The ADR race is now close to the finish line. After reaching a bottom of 37 percent in September 2024, the banking...

Updated 05 Dec, 2024 10:46am

Markets

To $100,000 and beyond: Bitcoin’s wild ride

Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president...

Published 05 Dec, 2024 11:38am

Opinion

Minimum wage revisited

Pakistan has an acceptable concept of minimum wage, just like many countries. The reason for imposing minimum wage ...

Published 05 Dec, 2024 07:20am

Opinion

Pakistan’s energy revolution: 35% gas reserve for private firms

Amid growing energy challenges and economic strains, Pakistan has embarked on a transformative journey to revitalize...

Published 05 Dec, 2024 07:24am

BR Research

PRL: Slippery start to FY25

FY25 started on a heavy note for Pakistan Refinery Limited (PSX: PRL) as the company experienced a challenging...

Published 05 Dec, 2024 08:03am

Editorials

Inflation slide arrested

EDITORIAL: Pakistan Bureau of Statistics (PBS) revealed a 4.9 percent Consumer Price Index, a 2.3 percent decline...

Published 04 Dec, 2024 03:14am

BR Research

November ignites petroleum sales

After a strong October, November 2024 also proved favorable for the oil marketing companies, as the sector’s...

Published 04 Dec, 2024 08:50am

Opinion

The Duck Curve challenge

As the world embraces the era of energy transition, Pakistan stands at a critical juncture where adopting a Just...

Published 04 Dec, 2024 03:14am

Editorials

100 percent tariffs for BRICS

EDITORIAL: US President-elect Donald Trump wrote on Truth Social, his social media platform, that if BRICS countries...

Updated 03 Dec, 2024 06:46am

BR Research

CPI: MPC mustn’t get distracted by base effect

The downward journey of headline inflation continues, with the CPI clocking in at 4.9 percent in November 2024,...

Published 03 Dec, 2024 08:51am

Opinion

Falling industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released recently for the first quarter of...

Updated 03 Dec, 2024 06:30am

Opinion

Is TTS game changer against tax evasion or another missed opportunity?

Pakistan’s economic stability hinges significantly on its ability to curb tax evasion and illicit trade. One of ...

Updated 03 Dec, 2024 01:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	152.89
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.27
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 12	6,051.25
Nasdaq / Dec 12	19,902.84
Dow Jones / Dec 12	44,914.12
India Sensex / Dec 13	81,383.94
Tokyo Nikkei / Dec 13	39,468.16
Hang Seng / Dec 13	20,056.01
FTSE 100 / Dec 13	8,323.68
Germany DAX 30 / Dec 13	20,507.55

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 12	17,585
Gold 10 Grams PKR / Dec 12	243,659.90
Crude Oil USD/Barrel / Dec 13	70.10
Gold Spot USD/Ounce / Dec 13	2,685.25
Cotton US¢/pound / Dec 13	69.62
Petrol/Litre / Dec 14	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 14 786 Investments Limited(786)	8.07 ▲ 1.00 (14.14%)
F.Credit & Inv / Dec 14 First Credit and Investment Bank Limited(FCIBL)	8.69 ▲ 1.00 (13.00%)
LSE Financial Serv. / Dec 14 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 14 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 14 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)
Biafo Ind. / Dec 14 Biafo Industries Limited(BIFO)	190.43 ▲ 17.31 (10.00%)
Data Agro / Dec 14 Data Agro Limited(DAAG)	104.61 ▲ 9.51 (10.00%)
Fecto Cement / Dec 14 Fecto Cement Limited(FECTC)	120.47 ▲ 10.95 (10.00%)
Honda Atlas Cars / Dec 14 Honda Atlas Cars (Pakistan) Limited(HCAR)	336.11 ▲ 30.56 (10.00%)

Stock	Price
First Capital Equities / Dec 14 First Capital Equities Limited(FCEL)	5 ▼ -0.76 (-13.19%)
Blue-Ex Ltd / Dec 14 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
Crescent Fib. / Dec 14 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Mughal Energy / Dec 14 Mughal Energy Limited(GEM)(GEMMEL)	21 ▼ -1.65 (-7.28%)
Askari Bank / Dec 14 Askari Bank Limited(AKBL)	37.56 ▼ -2.93 (-7.24%)
First AL-Noor Mod. / Dec 14 First Al-Noor Modaraba(FANM)	3.25 ▼ -0.24 (-6.88%)
First Elite Cap.Mod / Dec 14 First Elite Capital Modaraba(FECM)	6.45 ▼ -0.45 (-6.52%)
Haseeb Waqas / Dec 14 Haseeb Waqas Sugar Mills Limited(HWQS)	12.01 ▼ -0.83 (-6.46%)
K.S.B.Pumps / Dec 14 KSB Pumps Company Limited(KSBP)	151 ▼ -9.98 (-6.20%)

Stock	Volume
WorldCall Telecom / Dec 14 Worldcall Telecom Limited(WTL)	232,925,553 ▼ -0.01
Cnergyico PK / Dec 14 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.14
Pak Int.Bulk / Dec 14 Pakistan International Bulk Terminal(PIBTL)	75,005,438 ▲ 0.61
K-Electric Ltd. / Dec 14 K-Electric Limited(KEL)	59,689,845 ▲ 0.06
Fauji Foods Ltd / Dec 14 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.03
Treet Corp / Dec 14 Treet Corporation Limited(TREET)	47,769,775 ▲ 2.23
Lotte Chemical / Dec 14 Lotte Chemical Pakistan Limited(LOTCHEM)	45,989,291 ▼ -1.12
Sui South Gas / Dec 14 Sui Southern Gas Company Limited(SSGC)	38,442,527 ▼ -1.06
Power Cement / Dec 14 Power Cement Limited(POWER)	37,680,570 ▲ 0.57

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