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Economic distress

Islamabad airport to be outsourced for 15 years: govt

ISLAMABAD: Federal Minister for Aviation Khawaja Saad Rafique on Friday informed National Assembly that Islamabad...

Updated 22 Jul, 2023 09:46am

Fiscal year 2022-23: Govt borrows $10.84bn from multiple sources

Economic Affairs Division data shows that country borrowed $2.206 billion from foreign commercial banks during the fiscal year 2022-23

Updated 22 Jul, 2023 11:58am

Dar informs National Assembly: No new tax on agriculture, real estate sectors

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Ishaq Dar said that the government would not impose...

Updated 22 Jul, 2023 10:01am

Business & Finance

Decline in exports: PTEA seeks govt’s intervention

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has sought government’s intervention as textile...

Published 22 Jul, 2023 06:06am

Opinion

Fair elections and economic stability

“Gross financing needs are very large, mostly due to large debt service payments, while external market financing...

Published 21 Jul, 2023 07:08am

Opinion

Another hybrid body needed to widen the tax net

The addition of Special Facilitation Investment Council (SFIC) to the already existing hybrid organization and...

Updated 21 Jul, 2023 07:12am

Editorials

Power sector challenges

EDITORIAL: The IMF (International Monetary Fund) has taken a rather sombre view of Pakistan’s structural issues in...

Published 21 Jul, 2023 06:38am

Finance bill: Bureaucracy can devise ‘zero tax’ regime

Senate Standing Committee on Finance holds meeting under chairmanship of Senator Saleem Mandviwalla

Updated 21 Jul, 2023 09:48am

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

Pakistan

PM Shehbaz says China’s Exim Bank has rolled over $600mn loan

ISLAMABAD: China’s Exim Bank has rolled over a $600-million loan, Prime Minister Shehbaz Sharif said at the launch...

Updated 18 Jul, 2023 06:10pm

Opinion

Dip in the rate of inflation

There is finally some good news on the rate of inflation. The month of June has witnessed a big dip in the rate of...

Updated 18 Jul, 2023 06:12am

Opinion

Pakistan’s lifeline restored by IMF

Pakistan and IMF (International Monetary Fund) have reached a $3 billion Stand-By Arrangement (SBA) to help the...

Updated 16 Jul, 2023 06:37am

PM explains why base power tariff hiked

Premier says Rs5 per unit increase was made on the demand of the IMF but also to bring circular debt down

Updated 16 Jul, 2023 11:37am

IMF condition: Hike in gas prices on the cards

ISLAMABAD: The federal government is all set to hike the gas price to meet the International Monetary Fund (IMF)...

Updated 16 Jul, 2023 01:41pm

Editorials

Pharma exports potential

EDITORIAL: Commerce Minister Syed Naveed Qamar’s vision of raising pharmaceutical exports to $1 billion by 2025 ...

Published 16 Jul, 2023 06:16am

Base power tariff hiked by Rs4.96

ISLAMABAD: The federal government on Friday increased base tariff of electricity by Rs 4.96 per unit from July 1,...

Updated 15 Jul, 2023 09:30am

FCA for May: Rs1.45/unit positive adjustment in KE tariff approved

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved the positive adjustment of Rs1.45...

Updated 15 Jul, 2023 09:08am

Pakistan, Argentina bonds’ surge belies bigger reform hurdles

LONDON: Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over...

Updated 15 Jul, 2023 09:53am

Economic stability: SBA to anchor govt’s instant efforts: IMF

ISLAMABAD: Resolving Pakistan’s structural challenges will likely require continued reforms over the medium term to...

Updated 15 Jul, 2023 05:17pm

PM reassures IMF chief: Govt won’t tolerate iota of violation of deal

Prime Minister Shehbaz Sharif holds telephonic conversation with MD IMF Kristalina Georgieva

Updated 15 Jul, 2023 02:24pm

Opinion

Improving foreign investment climate

‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per...

Published 14 Jul, 2023 06:55am

Editorials

IMF SBA, finally

EDITORIAL: The International Monetary Fund (IMF) board approved the 3 billion dollar Stand-By Arrangement (SBA) to...

Published 14 Jul, 2023 06:38am

Opinion

We need to start living within our means

Some day our cheerfulness in adversity will come to colour. Pakistan has been a member of the International Monetary...

Updated 14 Jul, 2023 06:59am

Airports’ outsourcing: Only management controls being given, NA panel told

ISLAMABAD: The government of Pakistan has initiated a process to outsource the operations and management at Karachi,...

Updated 14 Jul, 2023 08:49am

C-5 project: PAEC’s point of view

ISLAMABAD: This is apropos a news report “$5bn Chashma-5 N-Plant to produce power at Rs 20 per unit: Country has...

Updated 14 Jul, 2023 10:02am

Business & Finance

IMF’s SBA approval gives relief to business community: FPCCI

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised that Pakistan’s business, industry and trade community...

Published 14 Jul, 2023 06:22am

Caretaker setup will be in place next month: IMF SBA to PM represents greater cause for rejoicing

PM says his coalition government successfully managed to put the country in the right direction in the shortest period despite challenges

Updated 14 Jul, 2023 10:04am

First tranche of SBA: IMF transfers $1.2bn to SBP account: Dar

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.50
USD PKR Interbank Buying / May 20	278.30
USD to Japanese Yen / May 20	156.25
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 20	5308.13
India Sensex / May 20	74005.94
Tokyo Nikkei / May 20	38069.68
Nasdaq / May 20	16794.88
Hang Seng / May 20	19636.22
FTSE 100 / May 20	8424.20
Dow Jones / May 20	39806.77
Germany DAX 30 / May 20	18768.96

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Crude Oil USD/Barrel / May 20	79.65
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2430.25
Cotton US¢/pound / May 20	76.03
Petrol/Litre / May 21	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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