Trends - economic activity - Business Recorder

economic activity

Pakistan’s headline inflation reading clocks in at 26.9% in October

Inflation reading significantly lower than September, when it stood at 31.4%

Updated 01 Nov, 2023 10:57pm

Higher markup payments will continue to pose big challenges: MoF

ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for...

Updated 01 Nov, 2023 09:59am

Business & Finance

PBF voices its concern over decline in country’s investment-to-GDP ratio

KARACHI: The Pakistan Business Forum (PBF) says investment-to-GDP ratio in the last fiscal year stood at 13.6...

Published 12 Oct, 2023 05:57am

Mid-Year Performance Review: Macroeconomic environment remains challenging: SBP

KARACHI: The State Bank of Pakistan (SBP) on Monday said that the macroeconomic environment remains challenging...

Updated 19 Sep, 2023 09:42am

Business & Finance

Global consumer giants’ bottom lines boosted by price hikes - but will the spending last?

NEW YORK: Major global consumer-facing companies like McDonald’s, General Motors and Nestle posted steady...

Published 02 May, 2023 05:59am

BR Research

Repatriation and dollar shortage

Dividend and profit repatriation on foreign direct invest has been falling over the last eight months of the fiscal...

Published 31 Mar, 2023 08:46am

BR Research

Oil holds firm ground

Everything the collective West has thrown at Russia, it has been responded with substance. Brent oil had its highest...

Published 14 Feb, 2023 09:32am

Pakistan

SBP says it recognises cost of monetary tightening, but curbing inflation essential

The State Bank of Pakistan (SBP) says that it recognises the short-term cost of monetary tightening on economic...

Published 30 Jan, 2023 07:50pm

Business & Finance

Korangi Causeway Bridge: KATI members praise CM for prompt action

KARACHI: Korangi Association of Trade and Industry (KATI) patron-in-chief S M Muneer, Association president Salman...

Published 29 Jul, 2022 06:14am

Business & Finance

Inflation revised up: ADB sees ‘slight’ recovery in GDP growth

Bank notes inflation in Pakistan is highest after Sri Lanka in region.

Updated 22 Jul, 2022 12:37pm

Markets

South Africa’s business owners fume as power cuts hit profits

JOHANNESBURG: South Africans’ annoyance at power cuts has given way to worry, with business owners complaining ...

Published 18 Jul, 2022 06:22am

BR Research

Petroleum consumption to come down

Consumption of petroleum products is expected to decline, and FY23 is slated to be a year with slow volumetric ...

Published 13 Jul, 2022 08:39am

Business & Finance

OICCI conveys concerns over tax anomalies in budget proposals

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has conveyed its concerns over tax anomalies...

Published 22 Jun, 2022 06:45am

Business & Finance

Investors: Govt committed to providing friendly environment: Miftah

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail said here on Thursday that the incumbent ...

Published 20 May, 2022 06:00am

Russia sends Pakistan 4-year economic cooperation roadmap

ISLAMABAD: Following the visit of former prime minister Imran Khan to Moscow, Russia has sent a draft four-year...

Updated 20 Apr, 2022 12:23pm

SBP argues why higher growth imperative

KARACHI: Pakistan’s economy maintained the growth momentum in the first quarter of current fiscal year (FY22) as...

Updated 18 Mar, 2022 10:14am

BR Research

Economic development and the planet

“…A crazy idea that there can be unlimited economic development on a planet with finite natural resources”,...

Updated 11 Feb, 2022 07:59am

World

England cuts Covid isolation period to boost economy

LONDON: The UK government said Thursday it will cut the minimum self-isolation period for those with Covid-19 in...

Published 13 Jan, 2022 07:22pm

World

UAE aims for $1 trillion in activity with Israel by 2031

DUBAI: The United Arab Emirates aims to raise the value of economic activity with Israel to more than $1 trillion in...

Updated 14 Sep, 2021 03:09pm

Pakistan

PM briefed on KP tourism roadmap

ISLAMABAD: The provincial government of Khyber Pukhtunkhwa (KP) has finalized a comprehensive roadmap to boost...

Published 29 Jul, 2021 04:48am

Economic activity rebounds strongly: IMF

ISLAMABAD: Economic activity in Pakistan worsened notably in fiscal year 2020 due to the Covid-19, recording a...

Published 06 Jun, 2021 02:56am

Pakistan

Lodhran-Multan Highway will increase economic activity, reduce travel time: PM

The 62-kilometer long section of N-5 Highway will cost Rs6.88 billion and will be completed in two years
The N-5 section of the highway will connect Karachi, Lahore, and Peshawar

Updated 04 Jun, 2021 01:21pm

World

New eurozone business loans plunge

FRANKFURT: New lending to euro zone companies plunged in April, indicating that banks are tightening access to ...

Published 01 Jun, 2021 04:59am

Pakistan

Gwadar Port, Free Zone to generate $10bn annual economic activity: Asim Bajwa

He said, “We will continue to monitor the development work in Gwadar till all the projects become fully operational."

Published 31 May, 2021 07:02pm

Markets

Europe, Asia markets waver as traders await fresh catalysts

Tokyo, Hong Kong, Sydney, Singapore and Manila dipped but there were gains in Shanghai, Seoul, Mumbai, Taipei, Jakarta, Bangkok and Wellington.

Published 31 May, 2021 05:20pm

World

UK borrowing dips on easing Covid curbs

Public sector net borrowing slid to £31.7 billion ($45 billion, 37 billion euros) last month, the Office for National Statistics said.

Published 25 May, 2021 04:42pm

BR Research

Post-covid: Mood swings!

As countries double-down on Covid-19 through massive vaccination programs, the hope to unmask and restore economic...

Published 25 May, 2021 07:40am

Pakistan

Govt aims to construct 10 dams across Pakistan by 2028, says PM Khan

Imran says Mohmand Dam will solve the water and electricity woes of the people in the region
All are equal before the law and those involved in corrupt practices will not be spared at any cost: PM

Published 19 May, 2021 04:55pm

BR Research

Sugar: is this the new normal?

Pakistan’s monthly foreign trade report card for March 2021 shows only a trickle of sugar imports, keeping 9MFY21...

Published 17 May, 2021 07:35am

PM for inclusion of new uplift projects in FY22 PSDP

ISLAMABAD: While setting priorities for next fiscal year public sector development programme, Prime Minister Imran...

Published 08 May, 2021 03:30am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	3.73 ▲ 1.00 (36.63%)
Universal Ins. / Dec 1 The Universal Insurance Company Limited(UVIC)	6.15 ▲ 1.00 (19.42%)
JS Global Banking / Dec 1 JS Global Banking Sector (ETF)(JSGBETF)	13.53 ▲ 1.78 (15.15%)
Saritow Spinning / Dec 1 Saritow Spinning Mills Limited(SSML)	7.98 ▲ 1.00 (14.33%)
Ruby Textile / Dec 1 Ruby Textile Mills Limited(RUBY)	5 ▲ 0.60 (13.64%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	6.90 ▲ 0.73 (11.83%)
PICIC Ins.Ltd. / Dec 1 PICIC Insurance Limited(PIL)	1 ▲ 0.10 (11.11%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	9.95 ▲ 0.89 (9.82%)
Next Capital / Dec 1 Next Capital Limited(NEXT)	6.22 ▲ 0.55 (9.70%)
Shaheen Ins. / Dec 1 Shaheen Insurance Company Limited(SHNI)	3.65 ▲ 0.32 (9.61%)

Stock	Price
Tri-Star Mutual / Dec 1 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.58 (-10.30%)
Aruj Industries / Dec 1 Aruj Industries Limited(ARUJ)	8.15 ▼ -0.87 (-9.65%)
Askari Life Assur. / Dec 1 Askari Life Assurance Company Limited(ALAC)	5.45 ▼ -0.50 (-8.40%)
Hallmark Co. / Dec 1 Hallmark Company Limited(HCL)	196.11 ▼ -15.90 (-7.50%)
Siemens Pak. / Dec 1 Siemens (Pakistan) Engineering(SIEM)	717.18 ▼ -58.15 (-7.50%)
Leiner Pak Gelat / Dec 1 Leiner Pak Gelatine Limited(LPGL)	21.71 ▼ -1.46 (-6.30%)
HBL Growth Fund / Dec 1 HBL Growth Fund(HGFA)	8.05 ▼ -0.44 (-5.18%)
Kohinoor Power / Dec 1 Kohinoor Power Company Limited(KOHP)	5.16 ▼ -0.26 (-4.80%)
Unilever Foods / Dec 1 Unilever Pakistan Foods Limited(UPFL)	21500 ▼ -1000.00 (-4.44%)
Samba Bank / Dec 1 Samba Bank Limited(SBL)	8 ▼ -0.36 (-4.31%)

Stock	Volume
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.06
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.20
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	30,670,294 ▲ 2.29
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.05
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	26,348,000 ▲ 1.32
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	25,697,377 ▲ 1.01
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▼ -0.01
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.07
Hum Network / Dec 1 Hum Network Limited(HUMNL)	13,871,000 ▲ 0.33
Air Link Com. / Dec 1 Air Link Communication Limited(AIRLINK)	13,095,715 ▲ 4.32

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	148.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.26
Euro to USD / Nov 30	1.09
UK LIBOR % / Nov 30	5.46

Stock	Volume
S&P 500 / Nov 30	4567.80
India Sensex / Nov 30	66988.44
Tokyo Nikkei / Nov 30	33486.89
Nasdaq / Nov 30	14226.22
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7453.75
Dow Jones / Nov 30	35950.89
Germany DAX 30 / Nov 30	16215.43
France CAC40 / Nov 30	7310.77

Item	Value
Crude Oil USD/Barrel / Nov 30	75.50
Karachi Cotton PKR/37.32 KG / Nov 30	17435
Gold 10 Grams PKR / Nov 30	189472
Gold Spot USD/Ounce / Nov 30	2039.45
Cotton US¢/pound / Nov 30	80.06

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

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