Trends - economic crises - Business Recorder

economic crises

Need for a country-wide, across-sectors ‘Pricing Policy’

Weak regulation of markets, or the policy of ‘market fundamentalism’ that market knows best, and left mostly on...

Published 30 Aug, 2024 07:15am

Business & Finance

UBG calls for unified action to overcome economic challenges

KARACHI: Pakistan is currently grappling with one of its most severe economic crises, prompting leaders from the...

Published 02 May, 2024 04:58am

Pakistan

President for joint efforts to steer country out of crises

ISLAMABAD: President Asif Ali Zardari on Thursday stressed the need to make joint efforts to steer the country out ...

Published 19 Apr, 2024 05:07am

PML-N, PPP reach consensus over govt formation?

ISLAMABAD: Positive progress has been made in the matter of government formation between the Pakistan Muslim...

Updated 19 Feb, 2024 08:53am

Editorials

Less pessimism about next quarter

EDITORIAL: Interestingly, the latest Gallup Business Confidence Index report shows that the country’s business...

Published 06 Jan, 2024 05:17am

Business & Finance

Economic crisis: Motiwala vows full support to interim govt

KARACHI: Chairman Businessmen Group (BMG) Zubair Motiwala, while warmly welcoming the positive gestures shown by...

Published 24 Aug, 2023 06:22am

BR Research

OMC volumes keep shrinking

Oil and petroleum consumption in the country has been declining and the latest data from OCAC showing decline of 40...

Published 05 Jun, 2023 08:46am

Editorials

Enough is enough

EDITORIAL: Whilst the political and economic crises are deepening by the day there is no end in sight to the...

Published 05 Jun, 2023 03:27am

Editorials

Political despondency and economic despair

EDITORIAL: A recent survey by Gallop World Poll has only confirmed what most Pakistanis already understand pretty...

Published 27 May, 2023 06:09am

Business & Finance

Correction needed in Pakistan startups’ business model: Rider CEO Salman Allana

Company founder says offering discounts means you are not confident that your product is solving a real problem

Updated 05 May, 2023 07:07pm

BR Research

Back from the precipice?

With Pakistan facing both economic and security crises of increasing proportions, lately arguments have been put...

Published 19 Apr, 2023 08:34am

Business & Finance

BIS head warns of threats to financial stability

LONDON: The head of the Bank of International Settlements has warned that years of fighting economic crises have...

Published 18 Apr, 2023 06:21am

Opinion

We don’t yet know what lies in store for us–I

The Muslims of the subcontinent of India got an independent state for themselves in 1947. Unfortunately, however, ...

Published 30 Mar, 2023 06:35am

Pakistan

Sindh CM says he’s optimistic about country’s economic prospects

KARACHI: Chief Minister Sindh Syed Murad Ali Shah has said that although Pakistan faces severe economic crises and...

Published 04 Mar, 2023 06:10am

Opinion

Pakistan: true potential of fashion industry

The apparel sector in Pakistan is the biggest industry that propagated the idea of brands in the minds of consumers....

Published 11 Jan, 2023 06:22am

Perspectives

Make the tough choices: it is now or never

People are likely to come to terms with tough actions right now. Its the inaction that would be difficult to explain later

Published 02 Jan, 2023 04:20pm

No one will be allowed to create crises: PM

LAHORE: Prime Minister Muhammad Shehbaz Sharif has said that it was the responsibility of the elected coalition...

Updated 31 Oct, 2022 09:33am

Business & Finance

Economic losses to surpass $12bn mark: A food crisis brewing: BMP

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) on Sunday warned...

Published 05 Sep, 2022 08:12am

Business & Finance

Country facing a number of crises: expert

KARACHI: There are a number of crises confronting the country right now, including those of energy sector, economy,...

Published 29 Aug, 2022 06:23am

Opinion

‘Future ain’t what it used to be’

If political and economic crises feeding off of and into each other tend to characterize the last gasps of dying...

Updated 04 Aug, 2022 11:47am

IK says has no disagreements with ‘neutrals’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan Friday said that he had no disagreements with the...

Updated 09 Jul, 2022 09:37am

Opinion

Is sovereign default inevitable? – I

Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated ...

Published 06 Jul, 2022 05:35am

Pakistan

Speakers suggest ways to take country out of crises

KARACHI: The Karachi Citizens Forum organized a seminar on Friday, 17th June 2022 on the topic “The Way Out of...

Published 20 Jun, 2022 05:51am

Pakistan

Climate change: Budget allocations overtaken by economic crises: Sherry

ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman on Wednesday said the budget allocations for...

Published 09 Jun, 2022 08:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.76
USD to Swiss Franc / Jun 17	0.81
Pound Sterling to USD / Jun 17	1.36
Euro to USD / Jun 17	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 17	81,649.49
Tokyo Nikkei / Jun 17	38,502.10
Hang Seng / Jun 17	23,945.81
FTSE 100 / Jun 17	8,845.59
Germany DAX 30 / Jun 17	23,441.60
France CAC40 / Jun 17	7,694.59

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Cotton US¢/pound / Jun 17	67.96
Petrol/Litre / Jun 18	258.43
Diesel/Litre / Jun 18	262.59

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.57 ▲ 1 (21.88%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	4.55 ▲ 0.67 (17.27%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Power Cem(Pref) / Jun 17 Power Cement (Pref)(POWERPS)	18.98 ▲ 1.73 (10.03%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Bannu Woollen / Jun 17 Bannu Woollen Mills Limited(BNWM)	57.71 ▲ 5.25 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Pak Datacom / Jun 17 Pak Datacom Limited(PAKD)	378.26 ▲ 34.39 (10%)

Stock	Price
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	3.86 ▼ -0.74 (-16.09%)
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.31 ▼ -0.54 (-14.03%)
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	3.87 ▼ -0.52 (-11.85%)
Sardar Chemical / Jun 17 Sardar Chemical Industries Limited(SARC)	77.10 ▼ -8.57 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.17 ▼ -1700.02 (-10%)
Hala Enterprise / Jun 17 Hala Enterprises Limited(HAEL)	24.86 ▼ -2.76 (-9.99%)
Calcorp Ltd / Jun 17 Calcorp Limited(CASH)	43.34 ▼ -4.8 (-9.97%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,457.04 ▼ -158.06 (-9.79%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	2.95 ▼ -0.32 (-9.79%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	239,756,205 ▼ -0.01
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	97,496,465 ▼ -0.05
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	49,860,990 ▲ 1.54
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	49,081,749 ▼ -0.54
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	43,532,329 ▲ 0.17
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	41,528,036 ▲ 0.2
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	37,900,841 ▼ -0.11
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	37,499,448 ▼ -0.52
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	25,538,700 ▼ -0.21
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	23,790,756 ▲ 0.67

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