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ADB

Pakistan, ADB sign $300m ‘Subprogram II’ loan

ISLAMABAD: The government of Pakistan and Asian Development Bank (ADB) on Wednesday signed a $300 million loan...

Updated 05 Jun, 2025 08:43am

Markets

Stocks soar to all-time high level

KARACHI: The Pakistan Stock Exchange (PSX) closed at a new all-time high level on Tuesday driven by positive...

Published 04 Jun, 2025 03:03am

ADB approves $800m financing for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) on Tuesday approved an $800 million programme to strengthen fiscal...

Updated 04 Jun, 2025 09:46am

Markets

ADB, Punjab govt to launch ‘Agri e-Mechanization Project’

LAHORE: The Asian Development Bank and the Punjab government have reached a mutual understanding on launching the...

Published 01 Jun, 2025 03:03am

Business & Finance

Pakistan, ADB eye carbon markets as next frontier for green growth

Authorities in Islamabad and the Asian Development Bank (ADB) have agreed to chart a collaborative strategy on...

Published 29 May, 2025 01:42pm

Pakistan

Sindh govt plans to introduce e-bus service in more cities

KARACHI: After the success of the electric bus service in Karachi, the Sindh government has expedited plans to...

Published 28 May, 2025 06:32am

IMF projects Pakistan’s external financing needs at $19.316bn

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $19.316...

Updated 19 May, 2025 09:47am

Pakistan

Red Line BRT project: Sharjeel reviews progress

KARACHI: A meeting was held in Karachi, chaired by the Senior Minister of Sindh, Sharjeel Inam Memon, to review the...

Published 10 May, 2025 06:08am

World

ADB president calls for collective action to solve complex challenges

The uncertainties facing Asia and the Pacific are also an opportunity to build a more resilient and sustainable...

Published 05 May, 2025 06:38pm

Business & Finance

ADB to scale up food security support to $40bn by 2030

Asian Development Bank (ADB) announced on Sunday that it will expand its financial commitment to food and nutrition...

Published 04 May, 2025 06:11pm

Macroeconomic improvement: Fiscal discipline, policy reforms will be crucial for Pakistan: ADB

ISLAMABAD: Continued efforts toward fiscal consolidation and policy reforms will be the key to improvements in...

Updated 29 Apr, 2025 08:46am

Aurangzeb showcases economic reforms, secures global support

Concludes fourth day of his visit to Washington

Updated 26 Apr, 2025 01:52pm

Editorials

Growth rate downgrade

EDITORIAL: Asian Development Bank has downgraded Pakistan’s growth rate to 2.5 percent for the current year, against...

Published 11 Apr, 2025 05:38am

Outlook tied to reform success: ADB cuts growth forecast to 2.5pc

ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s GDP growth forecast for the fiscal year 2025 down...

Updated 10 Apr, 2025 08:44am

Pakistan

ADB projects Pakistan’s GDP growth at 2.5%, inflation at 6%

Pakistan’s growth is projected to remain steady at 2.5% in fiscal year 2025 and improve to 3% in fiscal year 2026,...

Updated 09 Apr, 2025 11:54pm

Editorials

Protecting digital frontiers

EDITORIAL: In recent years, Pakistan has seen rapid advancements in digitalisation of its economy, with the ...

Published 04 Apr, 2025 05:22am

Digital financial services: Govt, regulators must develop frameworks: ADB

ISLAMABAD: The government and regulatory authorities must move quickly to establish frameworks for digital financial...

Updated 25 Mar, 2025 09:27am

Pakistan

NHMP still do not record precise coordinates of road crashes

ISLAMABAD: The National Highway and Motorway Police (NHMP) still do not record the precise coordinates of road...

Published 21 Mar, 2025 05:42am

Business & Finance

Work on ADB-aided mass transit plan set to commence

ISLAMABAD: Work on the Mass Transit Master Plan 2030 is set to commence, with the Asian Development Bank (ADB)...

Published 13 Mar, 2025 05:28am

Tariff readjustment: MoF weighs impact of DFIs’ joint letter

ISLAMABAD: Ministry of Finance (MoF) is reportedly weighing the impact of a joint letter written by eight...

Updated 12 Mar, 2025 09:23am

Business & Finance

8 DFIs criticise ‘unilateral’ clean energy talks

KARACHI: Pakistan’s unilateral renegotiation of clean power contracts will undermine investor confidence and be...

Published 27 Feb, 2025 06:44am

Project agreement: ADB tells LESCO to submit ‘AEFS’ for FY24

ISLAMABAD: The Asian Development Bank (ADB) has asked Lahore Electric Supply Company (LESCO) to submit Audited...

Updated 26 Feb, 2025 08:51am

Opinion

Rethinking energy sector reforms

Recently, eight multilateral development finance institutions, including the Asian Development Bank and ...

Updated 24 Feb, 2025 07:17am

CAREC Corridor Project: Chinese-led JV wins all four packages of Tranche-III

ISLAMABAD: A Chinese-led joint venture has won all four packages of Tranche-III of the Central Asian Regional...

Updated 13 Feb, 2025 09:29am

ADB experts arrive to assess port-rail link

KARACHI: A team of consultants from the Asian Development Bank (ADB) visited the Port Qasim Authority (PQA) as part...

Updated 30 Jan, 2025 08:44am

Pakistan

ADB delegation informed: Punjab govt improving nursing curriculum

LAHORE: The Punjab government is improving the nursing curriculum while steps are also being taken for capacity...

Published 28 Jan, 2025 06:45am

Business & Finance

ADB, SECP collaborate to enhance gender diversity in NBMFCs

ISLAMABAD: The Asian Development Bank (ADB) and the Securities and Exchange Commission of Pakistan (SECP) conducted ...

Published 04 Jan, 2025 06:30am

Power distribution: $200m loan inked with ADB

ISLAMABAD: Pakistan and Asian Development Bank (ADB) signed $200 million loan agreement for power distribution...

Updated 01 Jan, 2025 09:23am

Pakistan

Disaster response centres: ADB recommends legislative framework, funding

ISLAMABAD: The Asian Development Bank (ADB) has recommended to Pakistan for putting in place legislation, protocols...

Published 25 Dec, 2024 08:12am

Pakistan

ADB delegation meets CDA chief

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa held a meeting with a delegation from...

Published 21 Dec, 2024 06:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Cotton US¢/pound / Jun 14	67.84
Petrol/Litre / Jun 15	253.63
Diesel/Litre / Jun 15	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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