Trends - economic activity - Business Recorder

economic activity

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

BR Research

Interloop cruising on exports

The third and a much stronger and deadlier wave of coronavirus in the country is raising concerns for the economic...

Published 07 May, 2021 07:35am

BR Research

Allied Bank: Smooth sailing

Allied Bank Limited (ABL) declared Rs2/share as interim dividend to go along the first quarterly financial results...

Published 28 Apr, 2021 07:40am

Business & Finance

IMF sees stronger global growth as some COVID clouds begin to clear

IMF Chief Economist Gita Gopinath said the improvement was largely due to increased fiscal support, including a new $1.9 trillion U.S. aid package, accelerated vaccinations and continued adaptation of economic activity to overcome pandemic restrictions.

Published 07 Apr, 2021 10:52am

Business & Finance

Rise in US weekly jobless claims belies improving labour market conditions

WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, though...

Published 02 Apr, 2021 04:58am

Moody’s says B3 rating underpinned by country’s robust growth potential

ISLAMABAD: Moody's Investors Service (Moody's) has assigned a foreign currency senior unsecured programme rating of...

Published 01 Apr, 2021 04:10am

World

Brazil's central bank trims 2021 GDP growth forecast to 3.6pc, cites pandemic

"The recent worsening of the health crisis will perhaps interrupt or delay the recovery of economic activity," the central bank said.
The central bank's 3.6% growth forecast for this year is still higher than the government's official 3.2% projection.

Published 25 Mar, 2021 05:48pm

Housing and construction sector: Concern voiced over slow pace of approvals in Sindh

ISLAMABAD: Prime Minister Imran Khan on Thursday chaired the weekly meeting of the National Coordination Committee...

Published 11 Mar, 2021 05:25am

Business & Finance

Pakistan’s economic growth prospects showing signs of improvement

Taking all these observations into account, YoY inflation for next month may remain between 5.5−7.5 percent.
The Monthly Economic Indicator (MEI), which is based on combining monthly data of indicators that are proven to be correlated with GDP at constant prices shows continued strong growth in January, in continuation with what was observed in the previous seven months.

Published 27 Feb, 2021 12:59pm

World

Thai jobless rate dips in Q4 but remains near multi-year high

Employment increased slightly, while the unemployment rate remained high and working hours were still lower than pre-crisis levels.
Employment increased slightly, while the unemployment rate remained high and working hours were still lower than pre-crisis levels.

Published 23 Feb, 2021 05:22pm

World

Euro zone mulls stimulus calibration when economy restarts after COVID

The issue is how best combine to the commitment to short- term support with a credible medium-term fiscal strategy. Now the measures are non-discriminatory. With time, more and more sectors approach normality, it will be time to wean off the corporate sector from public support. Different sectors will have different recovery dynamics.

Published 15 Feb, 2021 08:44pm

Business & Finance

Thai economy recovers in Dec

BANGKOK: Thailand’s economy continued to improve in December but the recovery remained patchy with a second wave ...

Published 30 Jan, 2021 03:55am

Business & Finance

Fed holds policy steady

WASHINGTON: The Federal Reserve on Wednesday left its key overnight interest rate near zero and made no change to ...

Updated 28 Jan, 2021 09:28am

World

Egypt using development finance to boost private sector

State-led economic activity has helped cushion the economic impact of COVID-19.
"And we have announced that 2021 for us is the year of more private sector engagement."

Published 26 Jan, 2021 06:52pm

Business & Finance

Muted recovery for UK retailers in Dec ends worst year on record

LONDON: British retailers struggled to recover in December from a partial coronavirus lockdown the previous month,...

Published 23 Jan, 2021 03:56am

Business & Finance

Indonesia keeps rates unchanged, vows more support

JAKARTA: Indonesia’s central bank held interest rates unchanged on Thursday as it stuck to its 2021 growth...

Published 22 Jan, 2021 04:47am

Business & Finance

Bank of Canada says medium term outlook brighter, risks remain

The central bank, outlining its quarterly economic forecasts, said that despite the stronger outlook it does not expect inflation to return sustainably to target until 2023.
The medium-term outlook is stronger than in the October Report because of the positive effects from vaccines, greater fiscal stimulus, stronger foreign demand and higher commodity prices.

Published 20 Jan, 2021 09:44pm

Business & Finance

Jordan says 2.5pc growth in 2021 depends on continued economic activity during pandemic

Ississ said that the 2021 forecast, which was in line with IMF estimates, depended on the country continuing to reopen.

Published 17 Jan, 2021 05:14pm

Markets

Japan's cash balance hits fresh high as central bank keeps support for economy

With the pandemic seen prolonging the battle to hit its elusive 2% inflation target, the central bank last month also announced a plan to reassess its policy framework to make it more sustainable.

Published 05 Jan, 2021 10:39am

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Dec 3 PICIC Insurance Limited(PIL)	1.22 ▲ 0.09 (7.96%)
Popular Islamic / Dec 3 Popular Islamic Modaraba(PIM)	15.36 ▲ 1.07 (7.49%)
Pak TobaccoXD / Dec 3 Pakistan Tobacco Company Limited(PAKT)	1049.99 ▲ 66.62 (6.77%)
Next Capital / Dec 3 Next Capital Limited(NEXT)	10.39 ▲ 0.64 (6.56%)
KASB Mod / Dec 3 KASB Modaraba(KASBM)	1.98 ▲ 0.09 (4.76%)
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	3.22 ▲ 0.11 (3.54%)
Pervez Ahmed Co / Dec 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.05 ▲ 0.02 (1.94%)
National Bank / Dec 3 National Bank of Pakistan(NBP)	34.00 ▲ 0.50 (1.49%)
Pak Oilfields / Dec 3 Pakistan Oilfields Limited(POL)	340.00 ▲ 4.89 (1.46%)
Kohinoor Ind. / Dec 3 Kohinoor Industries Limited(KOIL)	5.75 ▲ 0.07 (1.23%)

Stock	Price
Janana D Mal / Dec 3 Janana De Malucho Textile Mills Limited(JDMT)	71.60 ▲ -5.80 (-7.49%)
Pioneer Cement / Dec 3 Pioneer Cement Limited(PIOC)	78.00 ▲ -5.48 (-6.56%)
Kohinoor Textile / Dec 3 Kohinoor Textile Mills Limited(KTML)	56.00 ▲ -3.67 (-6.15%)
Mehran Sugar / Dec 3 Mehran Sugar Mills Limited(MRNS)	40.00 ▲ -2.25 (-5.33%)
Khyber Tobacco / Dec 3 Khyber Tobacco Company Limited(KHTC)	245.00 ▲ -13.75 (-5.31%)
Netsol Tech. / Dec 3 NetSol Technologies Limited(NETSOL)	90.21 ▲ -4.94 (-5.19%)
Pakgen Power / Dec 3 Pakgen Power Limited(PKGP)	25.00 ▲ -1.26 (-4.80%)
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	32.75 ▲ -1.64 (-4.77%)
Octopus Digital / Dec 3 Octopus Digital Limited(OCTOPUS)	61.79 ▲ -2.98 (-4.60%)
Nazir Cotton Mills / Dec 3 Nazir Cotton Mills Limited(NCML)	5.00 ▲ -0.24 (-4.58%)

Stock	Volume
TPL Properties / Dec 3 TPL Properties Limited(TPLP)	16,471,500 ▼ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	8,003,500 ▼ 0.00
Byco Petroleum / Dec 3 Byco Petroleum Pakistan Limited(BYCO)	7,233,000 ▼ 0.00
Unity Foods Ltd / Dec 3 Unity Foods Limited(UNITY)	6,151,260 ▼ 0.00
Telecard Limited / Dec 3 Telecard Limited(TELE)	5,846,000 ▼ 0.00
Ghani Glo Hol / Dec 3 Ghani Global Holdings Limited(GGL)	4,728,500 ▼ 0.00
Pak Refinery / Dec 3 Pakistan Refinery Limited(PRL)	4,457,500 ▼ 0.00
TRG Pak Ltd / Dec 3 TRG Pakistan Limited(TRG)	3,976,879 ▼ 0.00
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	3,274,769 ▼ 0.00
G3 Tech. / Dec 3 G3 Technologies Limited(GTECH)	3,030,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 2	176.60
USD PKR Interbank Buying / Dec 2	176.50
USD to Japanese Yen / Dec 2	113.22
USD to Swiss Franc / Dec 2	0.92
Pound Sterling to USD / Dec 2	1.33
Euro to USD / Dec 2	1.13
UK LIBOR % / Dec 2	0.08

Stock	Volume
S&P 500 / Dec 2	4577.10
India Sensex / Dec 2	58461.29
Tokyo Nikkei / Dec 2	27753.37
Nasdaq / Dec 2	15381.32
Hang Seng / Dec 2	23788.93
FTSE 100 / Dec 2	7129.21
Dow Jones / Dec 2	34639.79
Germany DAX 30 / Dec 2	15263.11
France CAC40 / Dec 2	6795.75

Item	Value
Crude Oil / Dec 2	67.53
Karachi Cotton Assoc. / Dec 2	17380.00
Gold 10 Grams / Dec 2	99500.00
Gold Spot / Dec 2	1770.49
Cotton / Dec 2	103.70

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