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economic crisis

FBR reforms top priority, says minister

ISLAMABAD: The federal government on Thursday reaffirmed its priority towards the Federal Board of Revenue (FBR)...

Published 03 May, 2024 06:29am

World

If Trump wins, he plans to free Wall Street from ‘burdensome regulations’

WASHINGTON: A second Trump White House would seek to sharply reduce the power of US financial regulators, according...

Published 13 Apr, 2024 03:49am

Opinion

Beyond colonial legacies—I

The economic crisis in Pakistan primarily stems from two critical issues: the absence of constitutional governance...

Published 21 Feb, 2024 05:29am

PML-N, PPP wrangle over premiership

ISLAMABAD: Country’s two largest political parties were on Monday wrangling over who will be prime minister after an...

Updated 13 Feb, 2024 08:55am

Editorials

‘Worst economic crisis’

EDITORIAL: Human Rights Watch’s (HRW’s) World Report 2024 only confirms what most Pakistanis have been...

Published 05 Feb, 2024 06:08am

Pakistan

Economic crisis: Bilawal says political parties will have to join hands

RAWALPINDI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has said all political parties will have...

Published 30 Jan, 2024 04:52am

Bilawal urges PTI workers to support his party

LAHORE: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari addressing a public gathering of the party in Lahore...

Updated 22 Jan, 2024 08:54am

Pakistan

In 2023, Pakistan faced the ‘worst economic crisis’ in history: Human Rights Watch

The Human Rights Watch (HRW) in latest World Report 2024 has said that Pakistan faced the worst economic crisis last...

Published 20 Jan, 2024 07:58pm

Vulnerability of economy: Shamshad highlights five critical areas

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar said on Thursday, that Pakistan’s vulnerability has...

Updated 19 Jan, 2024 09:11am

Business & Finance

Key sectors: PIDE seeks to initiate debate on reforms

PESHAWAR: The Pakistan Institute of Development Economics (PIDE) launched its latest issue of Discourse Magazine ...

Published 15 Jan, 2024 05:03am

Opinion

No justification for such fiscal profligacy

This is apropos a Business Recorder news item “Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing...

Published 28 Dec, 2023 04:52am

Pakistan

Bilawal wants to use 18th Amendment as a slogan to create ‘mistrust’: PML-N

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Quaid Nawaz Sharif is determined to steer the country out of the...

Published 08 Dec, 2023 05:20am

GSP review: EU identifies major challenges facing Pakistan

ISLAMABAD: The European Union (EU) has said that political turmoil, constitutional challenges, economic crisis, high...

Updated 23 Nov, 2023 08:46am

Opinion

Rising again

Confucius said, “Our greatest glory is not in never falling, but in rising every time we fall.” We find ...

Updated 01 Nov, 2023 06:32am

World

Bankrupt Sri Lanka gets China agreement on debt restructure

COLOMBO: Sri Lanka on Wednesday welcomed China’s tentative agreement to a debt restructure, as the island nation...

Published 12 Oct, 2023 05:57am

Business & Finance

‘Collective efforts needed to overcome economic crisis’

KARACHI: Central leader UBG Malik Khuda Bakhsh, an expert in gas and petroleum sector, has said that as a nation, we...

Published 29 Sep, 2023 06:24am

Business & Finance

Govt determined to fight off economic crisis: Shamshad

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

Updated 25 Sep, 2023 08:54am

Pakistan

Resolutions on Kashmir: PM urges UNSC to secure implementation

UNITED NATIONS: Caretaker Prime Minister Anwaar-ul-Haq Kakar Friday called on the UN Security Council (UNSC) to...

Published 23 Sep, 2023 05:58am

Pakistan

Maryam says Nawaz wants to ease suffering of inflation-hit people

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) chief organizer and Maryam Nawaz on Saturday said efforts to oust...

Published 17 Sep, 2023 06:05am

Opinion

Rating agencies and Pakistan’s response

There are three major international credit rating agencies providing investors information about bond and debt...

Published 11 Sep, 2023 06:54am

Business & Finance

KATI calls for united efforts to overcome economic crisis

KARACHI: Notable figures including S M Tanveer, Patron-in-Chief of Korangi Association of Trade and Industry (KATI)...

Published 30 Aug, 2023 03:33am

Business & Finance

Former BoI chief gives ‘road map’ to arrest economic slide

KARACHI: Former Chairman of Board of Investment (BoI) Muhammad Azfar Ahsan has given a roadmap to overcome the...

Published 29 Aug, 2023 06:01am

Business & Finance

Pakistan’s economic woes leave textile industry in tatters

LAHORE: Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the...

Published 07 Aug, 2023 06:34am

Business & Finance

Indus Motor announces another plant shutdown

Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut...

Published 20 Jul, 2023 09:42pm

Editorials

The IMF speaks!

EDITORIAL: The International Monetary Fund (IMF) uploaded documents on its website relating to the agreement reached...

Published 20 Jul, 2023 03:12am

BR Research

Investor confidence at its weakest

News on the investment front has been gloomy amid the political and economic crisis; foreign direct investment in ...

Published 03 Jul, 2023 10:12am

Pakistan

Dar says Pakistan expects IMF deal in next 24 hours

Country is racing against time to unlock funds ahead of the scheduled end of the programme today

Updated 30 Jun, 2023 10:15am

World

Sri Lanka unveils debt restructure plan to tackle economic crisis

COLOMBO: Sri Lanka’s central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at...

Published 29 Jun, 2023 09:50am

Pakistan

Unregistered cigarette brands pose threat to public health, economy: NGO

LAHORE: Expressing serious concerns over the alarming prevalence of unregistered cigarette brands across the ...

Published 23 Jun, 2023 06:00am

Economic crisis: PM calls for ‘minimum common national agenda’

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday called for minimum common national agenda to steer the country...

Updated 20 Jun, 2023 09:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Cotton US¢/pound / May 16	76.84
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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