Trends - Economic distress - Business Recorder

Economic distress

SIFC making waves?

Special Facilitation Investment Committee (SIFC) was established by the Shehbaz Sharif-led government on 17 June...

Updated 20 Nov, 2023 07:08am

SBP governor unveils ‘strategic plan’ for 2023-28

Plan highlights the central bank’s vision, mission and key goals to be pursued over the next five years

Updated 18 Nov, 2023 08:47pm

SIFC satisfied with SOE sell-off progress

Ministries present progress on projects identified in key sectors

Updated 17 Nov, 2023 10:06am

IMF-govt policy-level talks begin

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Monday began policy-level talks with the visiting staff...

Updated 14 Nov, 2023 08:18am

Opinion

The slowdown in real economy

Over the past month, it seems that the feel-good factor has returned. The stock market is in a bullish run and the...

Updated 13 Nov, 2023 12:16pm

PTI issues ‘white paper’ on state of economy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government put the fast dwindling economy of the country on the path of...

Updated 13 Nov, 2023 08:56am

Editorials

Moody’s report

EDITORIAL: Moody’s recent reassessment of Pakistan’s vulnerability comes as no surprise: with exports a mere ...

Updated 13 Nov, 2023 06:54am

Opinion

Output: uptick, downtick or…

This is the second of a two-part series focusing on the contribution to dealing with the ongoing economic impasse, ...

Updated 13 Nov, 2023 06:59am

Sept debt stocks down 2.6pc to Rs62.291trn MoM

KARACHI: The federal government’s total debt (domestic and external) stocks recorded a decline of 2.6 percent in...

Updated 11 Nov, 2023 08:55am

Opinion

The menace of overloading and its adverse impact on our motorways

Pakistan’s has made steady progress in investing and developing its motorways across the country. This was a major...

Published 09 Nov, 2023 05:38am

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

Editorials

One big reason for food inflation

EDITORIAL: The National Price Monitoring Committee’s (NPMC’s) revelation of a 40 percent differential in...

Published 09 Nov, 2023 05:38am

Business & Finance

Pak Suzuki announces yet another shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid...

Updated 08 Nov, 2023 03:05pm

Opinion

Development of Special Technology Zones

Software development and IT-enabled services (ITeS) for data centres, technical service/call centres, and telecom...

Updated 08 Nov, 2023 06:30am

Opinion

Loss-making Discos — Who tops the chart?

Unfortunately, the Pakistan Power Sector is never away from the public eye– specifically, since the last two...

Updated 08 Nov, 2023 06:28am

Editorials

First staff review negotiations with IMF

EDITORIAL: The International Monetary Fund team (IMF) is currently in Pakistan for the first scheduled Stand-By...

Published 08 Nov, 2023 05:42am

Business & Finance

Honda Atlas Cars extends plant shutdown

Honda Atlas Cars (Pakistan) Limited, a subsidiary of Honda Motor Co., Ltd., Japan, on Tuesday announced a temporary...

Updated 07 Nov, 2023 07:00pm

Business & Finance

Sitara Peroxide extends shutdown for 30 days

Chemical manufacturer Sitara Peroxide Limited (SPL) announced on Tuesday it is extending its plant suspension by...

Published 07 Nov, 2023 02:33pm

Opinion

SBP projections for 2023-24

The Annual Report for 2022-23 on the State of the Economy by the SBP has been released recently. Along with a...

Published 07 Nov, 2023 07:02am

Editorials

Privatisation: tread the path with care

EDITORIAL: The Caretaker government has reportedly assigned Pakistan Institute of Management (PIM) to re-evaluate ...

Published 07 Nov, 2023 06:54am

Opinion

Output: uptick, downtick or ...

This is the first of a two-part series focusing on the significant divergence in calculation of Gross Domestic...

Updated 06 Nov, 2023 06:03am

Opinion

Next IMF programme is not going to be easy

The IMF review is ongoing, and it’s likely to sail through, as all the quantitative targets have been met. The...

Updated 06 Nov, 2023 06:06am

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Editorials

Gas price hike: work doesn’t end here

EDITORIAL: After long deliberations and numerous announcements of intent, gas prices have finally increased. ...

Updated 06 Nov, 2023 06:00am

Opinion

Pakistan must adapt to climate change

Pakistan is among the top ten countries most vulnerable to climate change, according to the 2020 Global Climate Risk...

Updated 04 Nov, 2023 06:27am

FTA with GCC states making little or no headway

Free Trade Agreement with Gulf Cooperation Council has neither been signed nor yet finalised at any forum

Updated 04 Nov, 2023 04:05pm

Editorials

Trade deficit

EDITORIAL: Pakistan Bureau of Statistics (PBS) trade data for July-October 2023 notes an improvement in the balance...

Published 03 Nov, 2023 06:11am

Business & Finance

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Govt appears confident ahead of SBA talks

Pakistan and IMF will begin crucial discussions on first review of US$3 billion Stand-by-Arrangement from Thursday

Updated 01 Nov, 2023 09:59am

PM optimistic about SBA tranche prospects

LAHORE: Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Tuesday that negotiations with the International...

Updated 01 Nov, 2023 09:01am

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%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.04 ▲ 0.87 (14.10%)
Ruby Textile / Dec 1 Ruby Textile Mills Limited(RUBY)	5 ▲ 0.60 (13.64%)
Pak Gulf Leasing / Dec 1 Pak-Gulf Leasing Company Limited(PGLC)	7.85 ▲ 0.83 (11.82%)
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%)
Suraj Cotton / Dec 1 Suraj Cotton Mills Limited(SURC)	145 ▼ -11.75 (-7.50%)
PICIC Ins.Ltd. / Dec 1 PICIC Insurance Limited(PIL)	0.86 ▼ -0.04 (-4.44%)
United Dist. / Dec 1 United Distributors Pakistan Limited(UDPL)	43 ▼ -2.00 (-4.44%)
Unilever Foods / Dec 1 Unilever Pakistan Foods Limited(UPFL)	21500 ▼ -1000.00 (-4.44%)
Invest Bank / Dec 1 Invest Capital Investment Bank Limited(ICIBL)	1.32 ▼ -0.06 (-4.35%)

Stock	Volume
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	36,466,102 ▲ 2.43
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.08
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.42
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.04
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	26,619,000 ▲ 1.32
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	26,592,960 ▲ 0.97
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▼ -0.02
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.07
Hum Network / Dec 1 Hum Network Limited(HUMNL)	14,733,000 ▲ 0.31
Air Link Com. / Dec 1 Air Link Communication Limited(AIRLINK)	13,146,698 ▲ 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

Economic distress

Most Popular Articles