Newhome - Business Recorder

Updated 09 Dec, 2023 10:07am

Primary auction for GDS will also be held on PSX

This follows the change in rules by the Cabinet to enable government debt to be raised from the capital markets in addition to the State Bank of Pakistan

Sukuk receives Rs479bn participation against Rs30bn target

Updated 09 Dec, 2023 09:02am

Q1: Provinces’ budget surplus dips 76pc YoY

Updated 09 Dec, 2023 09:22am

Debt servicing: CPHGCL urges CPPA-G to make Rs25.4bn payment

Updated 09 Dec, 2023 09:22am

‘$100bn export vision’: EAC charts course

Updated 09 Dec, 2023 09:08am

145 govt organisations: FBR defines ‘economic transaction’ for maintaining data

Updated 09 Dec, 2023 09:09am

SPV 21 seeks govt help to assert its position regarding KE

Published 09 Dec, 2023 05:46am

5G will be arriving in July next year, says minister

Updated 09 Dec, 2023 09:02am

‘Regulatory Sandbox’: SBP issues guidelines

Updated 09 Dec, 2023 10:04am

Dar seeks global collaboration for economic prosperity

Updated 09 Dec, 2023 10:04am

Receivables of PSO against PIA reach Rs27.5bn

Updated 09 Dec, 2023 09:10am

Must Read

Editorials

‘Humanity’s darkest hour’

Editorials

Tax evasion in non-profit sector

Opinion

Unveiling the malaise and despondency

Opinion

Serious efforts at last!

Editorials

Electricity and gas rates

Opinion

Global hunger, food security challenges

BR Research

Food inflation: past its peak

Opinion

Important climate finance issues at COP28

World

Dubai private schools jump in global rankings

Editorials

SBA’s first tranche: So why the delay?

Opinion

Why Erdogan is right about Hamas

Ways identified to salvage economy, back businesses

10 prominent Pakistanis granted UAE Golden Visas

OGDCL discovers hydrocarbon reserves in Sindh

Electricity and gas rates

Indus Motor Company lines-off Pakistan’s first 1800cc hybrid EV

Inter-bank: rupee sees 9th consecutive gain against US dollar

IMF Executive Board to meet Jan 11 on Pakistan’s loan programme: report

No signs of stopping: KSE-100 settles above 66k, gains over 1,500 points

Pakistan’s future is ‘very bright’: IMF officials laud improvement in economic situation

Indus Motor Company lines-off Pakistan’s first 1800cc hybrid EV

10 prominent Pakistanis granted UAE Golden Visas

NJLI Sarmaya Growth Fund Rates

Inter-bank: rupee secures marginal gain against US dollar

‘Illegal’ LCs, forex market speculation: MoF set to share list of banks with SIFC today

Pakistan’s future is ‘very bright’: IMF officials laud improvement in economic situation

Govt likely to drop 137 PSDP nonstarters

Hub Power Company Limited

SBA’s first tranche: So why the delay?

No road leads to 21 percent

NJLI Sarmaya Growth Fund Rates

Four countries: FBR decides to ink deal on Electronic Data Interchange

Inter-bank: rupee records 6th successive gain against US dollar

Pakistan not on agenda of IMF Executive Board meeting

Pakistan Refinery Limited

Arif Habib Limited expects KSE-100 to hit 81,000 by December 2024

PM urges youth to avail CPEC opportunity

Overbilling in violation of Nepra Act: All Discos including KE to face legal proceedings

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 9 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 9 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

Business & Finance

2023-12-09-02-58

ADB’s IED rates $800m ‘TCP’ as ‘successful’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Published 09 Dec, 2023 05:46am

BR Research

Food inflation: past its peak

The headline inflation seems to be creeping up again. And if there is one obvious culprit – beyond the phenomenal...

Published 08 Dec, 2023 08:51am

2023-12-09-02-58

SPI-based inflation up by 1.6pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended 7th December 2023, increased by 1.16... Published 09 Dec, 2023 05:46am

Taxes

Multinational companies: FBR decides to implement e-ST integration system

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement an electronic sales tax (e-ST) integration... Published 09 Dec, 2023 05:46am

BR Research

Cement: Hold fast!

Propelled uncharacteristically by vibrant exports, total cement offtake for country’s cement manufacturers combined...

Published 08 Dec, 2023 08:47am

2023-12-09-02-58

Jul-Nov remittances down 10pc to $11.045bn YoY

KARACHI: Inflows of worker’s remittances posted a decline of over 10 percent during the first five months of this... Published 09 Dec, 2023 05:46am

Energy

OPEC chief urges members to reject any COP28 deal that targets fossil fuels

DUBAI: OPEC Secretary General Haitham Al Ghais has urged OPEC+ members to reject proposals for any text under... Published 09 Dec, 2023 05:46am

Energy

OGDCL discovers gas, condensate in Tando Allah Yar

KARACHI: As a result of the aggressive exploration strategy, the Oil and Gas Development Company Limited (OGDCL) has... Published 09 Dec, 2023 05:46am

Money & Banking