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Forex reserves drop by $217m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $ 217 million to $...

Published 24 Nov, 2023 05:29am

Business & Finance

Forex reserves down $79m

KARACHI: The country’s liquid foreign exchange reserves declined by $79 million to stand at $ 12.576 billion by ...

Published 03 Nov, 2023 06:11am

Opinion

Capacity payments conundrum

The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these...

Updated 19 Oct, 2023 05:34am

Business & Finance

Both banknotes of Rs75 legal tender: SBP

KARACHI: The State Bank of Pakistan (SBP) has clarified that under Section 25 of the State Bank of Pakistan Act,...

Published 13 Oct, 2023 05:50am

Business & Finance

Forex reserves down $25m

KARACHI: The country’s liquid foreign exchange reserves declined by $25 million to $13.162 billion at the end of...

Published 29 Sep, 2023 06:24am

Markets

Bank AL Habib says will establish wholly-owned Exchange Company

Becomes fourth bank in recent weeks to make this announcement

Updated 22 Sep, 2023 10:40pm

Business & Finance

Forex reserves rise

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 108 million to $ 13.187 billion as of...

Published 22 Sep, 2023 03:33am

Business & Finance

SBP extends deadline for encashment of prize bonds

KARACHI: The State Bank of Pakistan (SBP) has announced the extension in last date for...

Published 07 Sep, 2023 06:21am

Effective today: No Raast services for 2 days due to system upgradation: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days due...

Updated 03 Sep, 2023 09:37am

Business & Finance

Pakistan Remittance Summit to be held in Dubai

KARACHI: Dellsons Associates in collaboration with leading commercial banks will organize an international...

Published 29 Aug, 2023 06:01am

Banking institutions asked to strengthen financial inclusion, gender equality

KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening...

Updated 29 Aug, 2023 08:40am

Business & Finance

Forex reserves fall $131m

KARACHI: The country’s total liquid foreign exchange reserves fell by $131 million during the last week due to...

Published 25 Aug, 2023 06:34am

Business & Finance

SBP’s reserves up by $12m

KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12 ...

Published 18 Aug, 2023 05:42am

Business & Finance

$3bn bank loans given during PTI govt’s tenure: PAC again demands list of 628 beneficiaries

ISLAMABAD: Members of the Public Accounts Committee (PAC) again demanded a list of the 628...

Published 09 Aug, 2023 05:33am

Business & Finance

FPCCI disappointed over 21pc key policy rate

KARACHI: President FPCCI, Irfan Iqbal Sheikh has expressed his profound disappointment over maintaining status quo ...

Published 15 Jun, 2023 06:03am

SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months

KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks...

Updated 09 Jun, 2023 09:00am

Debit, credit cards: ECAP suggests 10pc tax on shopping abroad

KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of...

Updated 02 Jun, 2023 12:07pm

Bringing energy efficiency to industrial sector: World Bank advocates establishing credit line

WB in consultation with the National Energy Efficiency & Conservation Authority is implementing two substantial technical assistance activities to the scoping and implementation of EE&C measures in Pakistan

Updated 26 May, 2023 09:00am

Letters of credit: Banks asked to facilitate: Export-oriented sectors find favour with Dar

Finance minister reiterates government’s resolve to overcome challenges and set the economy towards growth

Updated 22 May, 2023 05:34pm

ECC approves Rs13.2bn TSG for PMRCL

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical...

Updated 09 May, 2023 09:12am

Business & Finance

FPCCI chief urges SBP to remove lien marking immediately

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has urged the State Bank of Pakistan to immediately discontinue the 3...

Published 09 May, 2023 05:37am

Editorials

Banks, not savers, get paydays from deposits?

EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the...

Published 08 May, 2023 06:40am

Business & Finance

Deadline for prize bonds encashment extended

KARACHI: The federal government has announced to extend the last date for encashment of withdrawn prize bonds....

Published 18 Apr, 2023 06:21am

Pakistan

Banking customers cautioned against fraudsters

KARACHI: The Banking Mohtasib Pakistan, Muhammad Kamran Shehzad has cautioned the banking customers to be aware of...

Published 15 Apr, 2023 06:19am

$3bn loan at zero interest rate: NA panel asks SBP to submit list of 600 borrowers

ISLAMABAD: The National Assembly Standing Committee on Finance, Thursday, directed the State Bank of Pakistan (SBP)...

Updated 07 Apr, 2023 08:49am

Opinion

Deep reluctance now profoundly evident

The lenders, commercial banks or bilateral lenders, while processing the loan application assess the borrower’s...

Updated 01 Apr, 2023 07:03am

Jul-Jan: $6.134bn borrowed from multiple sources

ISLAMABAD: The government has borrowed $6.134 billion from multiple financing sources including $1.166 billion from...

Updated 03 Mar, 2023 08:52am

Business & Finance

Forex reserves move up by $162m

KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ...

Updated 17 Feb, 2023 06:38am

Business & Finance

PIMEC 2023 at Expo Centre: NBP’s message of inclusivity, diversity lauded

KARACHI: The National Bank of Pakistan actively participated in the Pakistan International Maritime Exhibition and...

Published 13 Feb, 2023 06:51am

‘Rules’ allow banks to seek asset details of civil servants

ISLAMABAD: The “Sharing of Declaration of Assets of Civil Servants Rules, 2023” allows commercial banks to seek...

Updated 04 Feb, 2023 09:28am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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