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Dr Shamshad Akhtar

Pakistan “restructuring and reorganising” its debt, says Aurangzeb

Pakistan is in the process of “restructuring and reorganising” its debt profile in line with global standards, said...

Updated 16 May, 2025 05:21pm

Markets

IWD: PSX holds gong ceremony to mark commitment to gender equality

KARACHI: Pakistan Stock Exchange (PSX), in collaboration with UN Women, Women on Board Initiative, International...

Updated 11 Mar, 2025 12:29pm

Business & Finance

Delegation representing capital markets visits China, signs MoUs

KARACHI: A high-level delegation from Pakistan’s capital markets, led by Akif Saeed, Chairman of the Securities ...

Published 21 Dec, 2024 06:24am

Business & Finance

‘World Investor Week’ marked on PSX with gong ceremony

KARACHI: Pakistan Stock Exchange (PSX), under the aegis of World Federation of Exchanges (WFE), of which PSX is an...

Published 05 Oct, 2024 06:43am

Markets

Dr Shamshad appointed chairperson of PSX board

Former State Bank of Pakistan (SBP) governor and ex-caretaker finance minister Dr Shamshad Akhtar was appointed as...

Updated 11 Jun, 2024 07:53pm

Wheat worth Rs330bn imported in 7 months

ISLAMABAD: Wheat worth 330 billion rupees was imported in seven months—from August 2023 to March 2024—and 1.3...

Updated 06 May, 2024 09:19am

Business & Finance

Upcoming budget: Experts support stabilisation reforms

ISLAMABAD: In the context of a forthcoming IMF program and upcoming budget for FY 2024-2035, economic minds on...

Updated 25 Apr, 2024 08:54am

Markets

Reporting: PSX issues ‘ESG Primer’ for listed cos

KARACHI: Pakistan Stock Exchange (PSX) has taken yet another major step in realising its vision of ESG readiness for...

Published 18 Apr, 2024 03:24am

Markets

Profit-taking erases KSE-100’s intra-day gains

Pakistan stocks surrendered their earlier gains at close on Wednesday amid final-hour profit-taking as the benchmark...

Updated 06 Mar, 2024 09:12pm

Hike in gas prices approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved an increase in gas prices effective...

Updated 15 Feb, 2024 08:42am

Editorials

PBC makes some fair points

EDITORIAL: It’s unfortunate that Pakistan Business Council’s (PBC’s) recommendations about generating fairer...

Published 12 Feb, 2024 06:25am

ECC directs officials to look into G-B wheat issue

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Secretary Finance, Secretary...

Updated 11 Feb, 2024 09:25am

Pakistan

Effective July 2023: ECC raises gas price for Fatima Fertilizer, Agritech

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased the gas price for Fatima ...

Published 08 Feb, 2024 05:02am

Editorials

Inflationary spiral remains a problem

EDITORIAL: Consumer Price Index (CPI) for January 2024 declined by 1.4 percentage points against the previous month...

Updated 07 Feb, 2024 06:12am

FPCCI supports restructuring plan

KARACHI: Atif Ikram Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said...

Updated 04 Feb, 2024 09:51am

Economic reforms under way: Shamshad

KARACHI: Caretaker Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar on Saturday said that the...

Updated 04 Feb, 2024 09:52am

Markets

Economy stabilised amid caretaker govt proactive measures: Dr Shamshad

Caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar said that the economy has...

Updated 03 Feb, 2024 08:49pm

Transition from Libor to ‘SOFR’ approved: ECC decides to provide subsidy on wheat to G-B

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to provide subsidy on wheat to...

Updated 02 Feb, 2024 09:22am

Pakistan

Financial stability: KSA minister briefed about caretakers efforts

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar had a virtual meeting with Khalid Al- Falih, the Investment...

Published 01 Feb, 2024 04:52am

7th population, housing census: ECC likely to approve proposal today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve the Ministry of Planning...

Updated 01 Feb, 2024 08:58am

Revamp plan approved after months of deliberations: Shamshad

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that the FBR restructuring and digitisation plan...

Updated 31 Jan, 2024 09:12am

FBR restructuring: Cabinet will again take up issue today

ISLAMABAD: The Federal Cabinet will again take up the issue of restructuring of the Federal Board of Revenue (FBR)...

Updated 30 Jan, 2024 08:49am

Business & Finance

Reforms in tax machinery finalized

ISLAMABAD: The recommendations on reforms in the tax machinery have been finalised by the inter-ministerial ...

Published 27 Jan, 2024 06:20am

Shamshad underscores need for continued reforms, revenue enhancement

KARACHI: Speaking at Pakistan’s International Customs Day event, caretaker Finance Minister Dr Shamshad Akhtar...

Updated 27 Jan, 2024 10:36pm

Business & Finance

Finalisation of revised summary to cabinet: Deliberations continue on FBR restructuring

ISLAMABAD: The Inter-Ministerial Committee (IMC), headed by caretaker Finance Minister Dr Shamshad Akhtar, continued...

Published 26 Jan, 2024 04:58am

Pakistan

NUST seminar: Comprehensive overhaul of govt’s fiscal apparatus vital: Shamshad

ISLAMABAD: Effective implementation of bold and ambitious reforms is imperative to usher in a new era of development...

Published 25 Jan, 2024 04:23am

World Bank official, Shamshad discuss financing for two operations

ISLAMABAD: The Minister for Finance, Revenue and Economic Affairs met with the Country Director World Bank for...

Updated 23 Jan, 2024 09:42am

Opinion

IPO Summit 2024

The following is the full text of the speech of MD and CEO, Pakistan Stock Exchange Farrukh H. Khan that he made at...

Published 22 Jan, 2024 05:37am

Business & Finance

Growth rebounds in positive trajectory following reforms: Shamshad

KARACHI: Caretaker Finance Minister Dr Shamshad Akhtar on Saturday said despite challenges there has been...

Published 21 Jan, 2024 03:10am

Second review: IMF urged to reschedule access date to Mar 15 in LoI

ISLAMABAD: The caretaker government has requested the International Monetary Fund (IMF) to rephase the access date...

Updated 21 Jan, 2024 06:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 8	284.42
USD PKR Interbank Buying / Jul 8	284.22
USD to Japanese Yen / Jul 9	146.94
USD to Swiss Franc / Jul 9	0.80
Pound Sterling to USD / Jul 9	1.36
Euro to USD / Jul 9	1.17
UK LIBOR % / Jul 8	4.96

Stock	Volume
S&P 500 / Jul 8	6,225.52
Nasdaq / Jul 8	20,418.46
Dow Jones / Jul 8	44,240.76
India Sensex / Jul 9	83,757.09
Tokyo Nikkei / Jul 9	39,795.58
Hang Seng / Jul 9	23,834.86
FTSE 100 / Jul 9	8,869.48
Germany DAX 30 / Jul 9	24,314.96
France CAC40 / Jul 9	7,801.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 8	16,585
Gold 10 Grams PKR / Jul 8	303,926
Petrol/Litre / Jul 9	266.79
Crude Oil USD/Barrel / Jul 9	68.13
Gold Spot USD/Ounce / Jul 9	3,290.62
Diesel/Litre / Jul 9	272.98
Cotton US¢/pound / Jul 9	67.40

Gainers
Losers
Leaders

Stock	Price
TPL Trakker Ltd / Jul 9 TPL Trakker Limited(TPLT)	9.02 ▲ 1 (12.47%)
Trust Mod. / Jul 9 Trust Modaraba(TRSM)	9.72 ▲ 1 (11.47%)
Parmount Sp. / Jul 9 Paramount Spinning Mills Limited(PASM)	5.75 ▲ 0.59 (11.43%)
Gulshan Sp. / Jul 9 Gulshan Spinning Mills Limited(GSPM)	4.45 ▲ 0.44 (10.97%)
Habib Ins. / Jul 9 Habib Insurance Company Limited(HICL)	10.47 ▲ 1 (10.56%)
Kohinoor Energy / Jul 9 Kohinoor Energy Limited(KOHE)	21.18 ▲ 1.93 (10.03%)
PIA Holding Co.Ltd / Jul 9 PIA Holding Company Limited(PIAHCLA)	23.28 ▲ 2.12 (10.02%)
First Treet Manuf / Jul 9 First Treet Manufacturing Modaraba(FTMM)	19.43 ▲ 1.77 (10.02%)
Nimir Resins / Jul 9 Nimir Resins Limited(NRSL)	36.39 ▲ 3.31 (10.01%)
Kohinoor Mills / Jul 9 Kohinoor Mills Limited(KML)	82.01 ▲ 7.46 (10.01%)

Stock	Price
F.Credit & Inv / Jul 9 First Credit and Investment Bank Limited(FCIBL)	17.87 ▼ -1.99 (-10.02%)
Ideal Spinning / Jul 9 Ideal Spinning Mills Limited(IDSM)	27.54 ▼ -3.06 (-10%)
Haseeb Waqas / Jul 9 Haseeb Waqas Sugar Mills Limited(HWQS)	22.43 ▼ -2.49 (-9.99%)
Alfalah ETF. / Jul 9 Alfalah Consumer Index ETF.(ACIETF)	16.02 ▼ -1.63 (-9.24%)
Pakistan Credit Rating Agency / Jul 9 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	20.70 ▼ -1.27 (-5.78%)
Sally Textile / Jul 9 Sally Textile Mills Limited(SLYT)	11.70 ▼ -0.69 (-5.57%)
Apna Microfin. / Jul 9 Apna Microfinance Bank Limited(AMBL)	14.50 ▼ -0.79 (-5.17%)
Hala Enterprise / Jul 9 Hala Enterprises Limited(HAEL)	25.55 ▼ -1.37 (-5.09%)
LSE Capital / Jul 9 LSE Capital Limited(LSECL)	6.02 ▼ -0.28 (-4.44%)
TPL Corp Ltd / Jul 9 TPL Corp Limited(TPL)	5.93 ▼ -0.27 (-4.35%)

Stock	Volume
TPL Properties / Jul 9 TPL Properties Limited(TPLP)	64,880,557 ▼ -0.08
Kohinoor Spining / Jul 9 Kohinoor Spinning Mills Limited(KOSM)	60,668,543 ▲ 0.34
PIA Holding Co.Ltd / Jul 9 PIA Holding Company Limited(PIAHCLA)	39,747,941 ▲ 2.12
Treet Battery / Jul 9 Treet Battery Limited(TBL)	38,123,713 ▲ 0.78
Hascol Petrol / Jul 9 Hascol Petroleum Limited(HASCOL)	31,653,216 ▼ -0.12
WorldCall Telecom / Jul 9 Worldcall Telecom Limited(WTL)	30,715,480 ▼ -0.02
Dewan Cement / Jul 9 Dewan Cement Limited(DCL)	26,318,035 ▲ 0.85
Pervez Ahmed Consultancy / Jul 9 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,884,348 ▲ 0.02
Image Pakistan / Jul 9 Image Pakistan Limited(IMAGE)	19,985,582 ▼ -1.45
Treet Corp / Jul 9 Treet Corporation Limited(TREET)	19,710,980 ▲ 0.54

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Dr Shamshad Akhtar

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