Trends - debt crisis - Business Recorder

debt crisis

On another debt crisis

Facing a challenging re-election battle in the next election cycle, the new year could not have started on a worse...

Published 16 Jan, 2023 09:28am

Business & Finance

Next two years: WEF foresees 10 major risks

ISLAMABAD: Pakistan may face digital vulnerability and cybersecurity, rapid inflation, debt crisis, possible state...

Published 12 Jan, 2023 05:51am

Economy: EAG underscores need for reforms

ISLAMABAD: The Economic Advisory Group (EAG) has called for necessary reforms to transform Pakistan into a globally...

Updated 07 Jan, 2023 08:48am

Poor countries’ debt servicing costliest: World Bank

NEW YORK: The poorest countries in the world now spend over a tenth of their export income to service external debt,...

Updated 07 Dec, 2022 09:47am

Opinion

Calamities, debt crisis, growth: prospects — II

H istorical precedents show the many ways in which various sectors of the economy do this. As rising debt causes a...

Published 16 Oct, 2022 03:53am

Opinion

Pakistan in deep debt trap

Pakistan’s precarious financial situation, persisting for the last many decades, has landed it into a deep debt...

Published 14 Oct, 2022 03:39am

Pakistan

Pakistan will not seek Paris Club debt restructuring, says Ishaq Dar

Says Pakistan will fulfil all sovereign debt commitments

Updated 10 Oct, 2022 09:39am

World

World facing '5th wave' of debt crisis: World Bank chief

WASHINGTON: The world is facing a "fifth wave of debt crisis," World Bank President David Malpass warned Friday,...

Updated 07 Oct, 2022 09:24pm

Moody’s cuts Pakistan’s rating to Caa1

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded the government of Pakistan’s local and foreign...

Updated 07 Oct, 2022 09:37am

Pakistan

Moody's cuts Pakistan's rating to Caa1

Rating agency says ongoing floods raise country's external financing needs, heightening risks of a balance of payments crisis

Updated 06 Oct, 2022 11:11pm

Opinion

Calamities, debt crisis, growth: prospects – I

Natural disasters such as floods can have detrimental effects on growth as they depress both supply and demand, and...

Published 28 Sep, 2022 05:51am

EU fiscal oversight of Greece ends after 12 years

ATHENS: Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for...

Published 21 Aug, 2022 05:16am

Pakistan

Rupee devaluation multiplied debt servicing: Miftah

Says any nation will move towards default-like situation amid high debt servicing

Updated 16 Jul, 2022 06:20pm

World

The big default? Dozen countries including Pakistan in danger zone

LONDON: Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves...

Updated 16 Jul, 2022 04:44pm

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Jan 27 Tri-Star Mutual Fund Limited(TSMF)	4.85 ▲ 0.83 (20.65%)
Jahangir Sidd(Pref) / Jan 27 Jahangir Sidd(Pref)(JSCLPSA)	7.39 ▲ 0.99 (15.47%)
Tariq Corp.Pref. / Jan 27 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.30 ▲ 1.00 (10.75%)
AN Textile Mill / Jan 27 AN Textile Mills Limited(ANTM)	9.80 ▲ 0.74 (8.17%)
Hafiz Ltd. / Jan 27 Hafiz Limited(HAFL)	148.98 ▲ 10.39 (7.50%)
Kohinoor Textile / Jan 27 Kohinoor Textile Mills Limited(KTML)	43.01 ▲ 3.00 (7.50%)
Sunrays Textile / Jan 27 Sunrays Textile Mills Limited(SUTM)	131.31 ▲ 9.16 (7.50%)
Tandlianwala Sugar / Jan 27 Tandlianwala Sugar Mills Limited(TSML)	62.46 ▲ 4.36 (7.50%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	23.10 ▲ 1.61 (7.49%)
Mehran Sugar / Jan 27 Mehran Sugar Mills Limited(MRNS)	30.63 ▲ 2.13 (7.47%)

Stock	Price
PICIC Ins.Ltd. / Jan 27 PICIC Insurance Limited(PIL)	0.60 ▲ -0.10 (-14.29%)
Pak Gulf Leasing / Jan 27 Pak-Gulf Leasing Company Limited(PGLC)	6.45 ▲ -0.98 (-13.19%)
Samba Bank / Jan 27 Samba Bank Limited(SBL)	7.40 ▲ -1.00 (-11.90%)
First Prudential Mod. / Jan 27 First Prudential Modaraba(PMI)	1.47 ▲ -0.19 (-11.45%)
Premier Insurance / Jan 27 Premier Insurance Limited(PINL)	6.65 ▲ -0.85 (-11.33%)
Dewan Sugar / Jan 27 Dewan Sugar Mills Limited(DWSM)	2.60 ▲ -0.30 (-10.34%)
Pak Gen.Ins. / Jan 27 The Pakistan General Insurance Co. Ltd.(PKGI)	4.55 ▲ -0.45 (-9.00%)
Dewan Farooque Sp. / Jan 27 Dewan Farooque Spinning Mills Limited(DFSM)	3.25 ▲ -0.30 (-8.45%)
Bhanero Textile / Jan 27 Bhanero Textile Mills Limited(BHAT)	1026.76 ▲ -83.24 (-7.50%)
Ellcot Spinning / Jan 27 Ellcot Spinning Mills Limited(ELSM)	127.82 ▲ -10.36 (-7.50%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	44,728,565 ▲ -0.14
TPL Properties / Jan 27 TPL Properties Limited(TPLP)	20,045,406 ▲ -0.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	14,285,841 ▲ -0.07
Pak Refinery / Jan 27 Pakistan Refinery Limited(PRL)	14,189,270 ▲ -0.04
D.G.K.Cement / Jan 27 D.G. Khan Cement Company Limited(DGKC)	13,474,736 ▲ -1.78
Maple Leaf Cement / Jan 27 Maple Leaf Cement Factory Limited(MLCF)	13,339,412 ▲ -0.95
Sui North Gas / Jan 27 Sui Northern Gas Pipelines Limited(SNGP)	12,739,076 ▲ -1.06
Fauji Foods Ltd / Jan 27 Fauji Foods Limited(FFL)	12,500,726 ▼ 0.19
TRG Pak Ltd / Jan 27 TRG Pakistan Limited(TRG)	10,114,558 ▲ -1.21
K-Electric Ltd. / Jan 27 K-Electric Limited(KEL)	9,636,460 ▲ -0.09

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	265
USD PKR Interbank Buying / Jan 27	263
USD to Japanese Yen / Jan 27	129.87
USD to Swiss Franc / Jan 27	0.92
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.09
UK LIBOR % / Jan 26	4.31

Stock	Volume
S&P 500 / Jan 27	4063.40
India Sensex / Jan 27	59330.90
Tokyo Nikkei / Jan 27	27381.18
Nasdaq / Jan 27	11574.06
Hang Seng / Jan 27	22555.27
FTSE 100 / Jan 27	7760.68
Dow Jones / Jan 27	34071.23
Germany DAX 30 / Jan 27	15133.48
France CAC40 / Jan 27	7089.33

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 26	20235
Crude Oil USD/Barrel / Jan 27	81.58
Gold 10 Grams PKR / Jan 27	173610
Gold Spot USD/Ounce / Jan 27	1926.09
Cotton US¢/pound / Jan 27	86.91

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