Perspectives - Business Recorder

Perspectives

IT is a ray of hope

It is no secret that Pakistan is currently facing one of its worst economic crises yet. However, while the tech... Published 28 Nov, 2023 04:44pm

Perspectives

One year of ChatGPT: Is an AI winter in the offing?

Last week, the AI ecosystem of the world was rocked by unprecedented events as the most prominent person in the AI... Published 25 Nov, 2023 02:25pm

Perspectives

JUI-F’s Maulana Fazlur Rehman’s meeting with Hamas leaders

The recent meeting between Maulana Fazlur Rehman – leader of Jamiat Ulema-e-Islam (JUI-F) and senior Hamas leaders... Published 22 Nov, 2023 06:09pm

Busting myths: is Pakistan replete with tech talent?

In 2014, Pakistan came third – perhaps for the first time ever, in a global football event – the Street Child...

Sinking exports: innovation and interventions

Pakistan’s export performance has remained meager in the past two decades due to sluggish growth. In 2003, the total...

In solidarity with the olive trees of Palestine

October would bring some happy moments for Palestinians, but not this year. The month escorts the olive harvesting...

Pakistan and its (lack of) policy implementation

Pakistan has historically been very weak in the implementation of policies. For instance, the famous ‘five-year...

In order to attract butterflies, we need to build a garden

AI took centrestage at GITEX GLOBAL in Dubai, but how did Pakistan fare?

October 27: Kashmir’s bleakest day

Like its economy, Pakistan’s cricket team will also rely on ‘bailouts’

Regulating the informal economy

In Pakistan, managing the unofficial economy presents a multitude of complicated issues. The lack of documentation... Published 21 Oct, 2023 02:30pm

Pakistan’s job market: is the country ready as AI makes inroads?

There are already 7.18 million people unemployed in the country as the employment rate comes in at 9.6% in 2022-23 –... Updated 17 Oct, 2023 08:16pm

The untimely demise of NFTs

The last decade saw virtual currencies gain popularity all across the world and become a legal tender for a few... Published 13 Oct, 2023 08:46pm

Western media when it comes to Israel and Palestine: tale of two very different realities

Early Saturday, Hamas launched an unprecedented attack on Israel, provoking a scathing retaliation that has since... Updated 10 Oct, 2023 01:12am

Current cotton crop conditions, production trends, and traceability

The Punjab province, known as the largest cotton-producing region in Pakistan, has been grappling with a severe pest... Updated 07 Oct, 2023 07:55pm

Single Window Interoperability: where innovation meets economic diplomacy

For the uninitiated, a national single window (NSW) system allows traders and other economic operators to submit... Published 06 Oct, 2023 11:51am

Pakistan and the genie of Artificial Intelligence

The late American computer scientist John McCarthy is said to have coined the word Artificial Intelligence in 1956... Published 03 Oct, 2023 06:08pm

Marking 74 years since the founding of People’s Republic of China (PRC)

On October 1, 1949, Mao Zedong, the General Secretary of the Communist Party of China (CPC) declared the... Published 01 Oct, 2023 11:29am

Pakistani expat doctors: a story of sacrifice - II

“I had two kids and was pregnant with my third - and my husband said not to miss out on this opportunity.” Doctor... Published 29 Sep, 2023 10:14pm

Pakistani expat doctors: a story of hope? - I

When shiny doctor Saab/Madam comes to Pakistan and walks into the room, one enviously surmises that they sure have... Published 27 Sep, 2023 07:34pm

Much-needed iron fist comes into play

Pakistan’s economy – which remained a hotbed of developments in recent months – is back in the frontline with a... Published 25 Sep, 2023 04:32pm

The caretakers’ (extra) burden

Famous imperialist poet and writer Rudyard Kipling was awarded the Nobel Prize in Literature in 1907. Born in India,... Published 22 Sep, 2023 10:38am

There is a missing policy mix when it comes to fiscal discipline

The State Bank of Pakistan (SBP) has raised policy rates by 1,500bps since it started taking action to bring back... Published 19 Sep, 2023 10:25am

Pakistan: an example of organised irresponsibility and polycrisis

The people of Pakistan have continued to find themselves in a persistent, chronic and unending crisis that takes... Published 17 Sep, 2023 12:25am

Talking about billions?: don’t count your chickens before they hatch

It has been a decade since the launch of the China-Pakistan Economic Corridor (CPEC), which brought with it promises... Published 14 Sep, 2023 06:47pm

Exploring broader implications of Pakistan’s local currency debt restructuring

Recently, a lot of discussion has been on why local currency debt restructuring is viable and possible. However, in... Published 11 Sep, 2023 08:19pm

Pakistan vs India: who has the better fast-bowling unit?

Excitement around the upcoming ODI World Cup has reached a fever pitch, with former Indian opener Gautam Gambhir... Updated 09 Sep, 2023 04:06pm

Defence Day of Pakistan: remembering the sacrifices

September 6 is celebrated by the nation as the Defence Day of Pakistan to commemorate the country’s finest hour when... Published 06 Sep, 2023 12:40am

High-pressure careers: important to diversify life

Blame it on capitalism if you will - but one of the fundamental questions we carry around all if not most of our... Published 02 Sep, 2023 09:00pm

Pakistan’s economy: for once, let us embrace technology

Pakistan’s economy has always run in an ad-hoc manner – both in terms of its policies and the manner in which it... Published 31 Aug, 2023 08:44pm

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)	5.20 ▲ 0.49 (10.40%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6 ▲ 0.55 (10.09%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	4.98 ▲ 0.37 (8.03%)
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%)
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%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Hira Textile / Nov 29 Hira Textile Mills Limited(HIRAT)	2.01 ▼ -0.14 (-6.51%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.11
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.01
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.20
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.00
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.06
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▼ -0.11
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 ▼ -0.09
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.88
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.89

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	277.75
USD PKR Interbank Buying / Jan 1	277.65
USD to Japanese Yen / Jan 1	149.57
USD to Swiss Franc / Jan 1	0.90
Pound Sterling to USD / Jan 1	1.21
Euro to USD / Jan 1	1.05
UK LIBOR % / Jan 1	5.45

Stock	Volume
S&P 500 / Jan 1	4327.78
India Sensex / Jan 1	66282.74
Tokyo Nikkei / Jan 1	32315.99
Nasdaq / Jan 1	13407.23
Hang Seng / Jan 1	17813.45
FTSE 100 / Jan 1	7599.60
Dow Jones / Jan 1	33670.29
Germany DAX 30 / Jan 1	15186.66
France CAC40 / Jan 1	7003.53

Item	Value
Crude Oil USD/Barrel / Jan 1	87.69
Karachi Cotton PKR/37.32 KG / Jan 1	16835
Gold 10 Grams PKR / Jan 1	178240
Gold Spot USD/Ounce / Jan 1	1932.82
Cotton US¢/pound / Jan 1	86.06

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