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ADB

ADB approves $180m loan for water, sewerage facilities in Punjab

ISLAMABAD: The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste...

Published 29 Nov, 2023 05:09am

Pakistan

ADB approves $180mn to improve Punjab’s water supply & waste management

'Developing Resilient Environments and Advancing Municipal Services in Punjab Project' expected to benefit as many as 1.5 million people

Updated 28 Nov, 2023 04:09pm

Pakistan

Shamshad irked by project delays

ISLAMABAD: Expressing concern over project delays, particularly those critically delayed, caretaker Federal Minister...

Published 22 Nov, 2023 05:48am

Opinion

Low inflows of external financing

The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully...

Published 21 Nov, 2023 06:01am

Power transmission network in Punjab, KP: ADB approves $250m in loans

ISLAMABAD: The Asian Development Bank (ADB) has approved $250 million in loans that will help deliver reliable...

Updated 18 Nov, 2023 09:35am

Markets

Asian Development Bank approves $250mn for power transmission network

ADB says Power Transmission Strengthening Project will help reinforce stability of national grid

Updated 17 Nov, 2023 08:49pm

ADB’s ACSR Bunting Conductor: Chinese firm urges authorities to reevaluate tender

ISLAMABAD: Chinese firm M/s Henan Tonga-Da Cable Co Ltd has urged Pakistani authorities to undertake reevaluation of...

Updated 17 Nov, 2023 10:04am

Business & Finance

FPCCI chief says business community welcomes IMF-govt SLA

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has welcomed the successful completion of first review of the...

Published 17 Nov, 2023 06:06am

ADB IED rates power transmission investment programme as successful plan

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Updated 16 Nov, 2023 09:25am

‘Corruption’ in contract award: Power Division-Senate panel dispute deepens

ISLAMABAD: The wrangle between the Power Division and Chairman Senate Standing Committee on Power, Senator Saifullah...

Updated 14 Nov, 2023 08:34am

NESPAK tender for ADB project: Senate Secretariat withdraws minutes of Oct 17 meeting

ISLAMABAD: Apparently in an unprecedented move, the Secretariat of Senate Standing Committee on Power has withdrawn...

Updated 10 Nov, 2023 09:40am

Editorials

Discos’ infrastructure needs

EDITORIAL: The Asian Development Bank’s (ADB’s) revelation that “significant investment is required in ...

Published 08 Nov, 2023 05:42am

Business & Finance

Discos’ infrastructure: Significant investment needed: ADB

ISLAMABAD: Asian Development Bank (ADB) has said that significant investment is required in critical infrastructure...

Published 02 Nov, 2023 03:15am

Editorials

‘Least ready’ for digital education

EDITORIAL: In a way one of Pakistan’s biggest problems, one that drags down almost all important socio-economic...

Published 29 Oct, 2023 03:25am

Pakistan

ADB approves $2m grant for Sindh coastal resilience project

ISLAMABAD: The Asian Development Bank (ADB) has approved technical assistance of US two million dollars for...

Published 25 Oct, 2023 06:19am

Business & Finance

Country may achieve agri growth target for 2023-24

ISLAMABAD: The country is likely to achieve the agriculture growth target of 3.5 percent set for 2023-24 by meeting...

Published 24 Oct, 2023 05:05am

Pakistan

KP CM discusses foreign funded projects with Secretary EAD, ADB

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan was called on by Federal Secretary for...

Published 21 Oct, 2023 06:05am

Pakistan

‘Pakistan ‘least ready’ for digital education

ISLAMABAD: Pakistan is the least ready country for digital education among the developing member countries (DMCs) of...

Published 17 Oct, 2023 05:51am

Pakistan flood relief: $400m World Bank loan not in jeopardy, says ministry

ISLAMABAD: The Ministry of Planning, Development & Special Initiatives of Pakistan has issued a statement that...

Updated 16 Oct, 2023 09:42am

Investment programme: ADB despatches mission on power distribution, clean energy project

ISLAMABAD: The Asian Development Bank (ADB) has despatched a Mission to Islamabad for deliberations on power...

Updated 15 Oct, 2023 09:37am

Q1FY24: $3.527bn borrowed from multiple financing sources

Economic Affairs Division data shows the country received $320.92 million in September 2023

Updated 14 Oct, 2023 05:16pm

Pakistan

‘Digitalized Pest Surveillance and Reporting System’ launched

LAHORE: The Punjab Agriculture Department on Thursday launched the “Digitalized Pest Surveillance and Reporting...

Published 13 Oct, 2023 05:50am

Markets

IEEFA lists challenges to early coal phaseout

KARACHI: Pakistan’s tough political-economic circumstances and constrained transmission network present challenges...

Published 11 Oct, 2023 03:10am

IMF projects 2.5pc growth rate for Pakistan in FY24

ISLAMABAD: The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2.5 per cent for 2024...

Updated 11 Oct, 2023 10:56am

SME Bank may stay as SIFC seeks a reactivation plan

ISLAMABAD: The caretaker government is likely to overturn a decision of Shehbaz Sharif-led government on Small and...

Updated 09 Oct, 2023 09:34am

IMF, World Bank meetings: Shamshad-led team leaves for Morocco

ISLAMABAD: Pakistan’s economic team, led by Caretaker Finance Minister Dr Shamshad Akhtar has departed for Morocco...

Updated 09 Oct, 2023 08:42am

Editorials

Milking the system for what it is worth

EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary...

Published 04 Oct, 2023 06:20am

Settlement of employees’ obligations: SME Bank allowed to use available surplus funds

ISLAMABAD: Finance Division has given its concurrence to allow SME Bank to utilise available surplus funds and...

Updated 02 Oct, 2023 09:59am

Opinion

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are...

Published 28 Sep, 2023 05:33am

Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze...

Updated 28 Sep, 2023 10:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28
France CAC40 / Apr 25	8016.65
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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