Trends - Economic growth - Business Recorder

Economic growth

Saudi leads Gulf bourses lower on growth worries

DUBAI: Saudi Arabia led Gulf stock markets lower on Tuesday as rising interest rates and lower economic growth...

Published 11 May, 2022 04:58am

Opinion

China can help Pakistan come out of the woods

Consul General of the People’s Republic of China in Karachi Li Bijian has often informed the newspaper’s readers...

Published 11 May, 2022 04:58am

World

Mexico urges US to boost investment in Central America to curb migration

MEXICO CITY: Mexican President Andres Manuel Lopez Obrador on Wednesday urged the United States to boost investment...

Published 04 May, 2022 10:32pm

NFC sector in Pakistan hit hard by Covid shock, says IMF

Warns going forward limited policy space in many of the region’s countries could add to the woes of the corporate sector

Updated 01 May, 2022 02:11pm

Business & Finance

LCCI urges govt to take urgent steps aimed at ending energy crisis

LAHORE: The Lahore Chamber of Commerce has expressed deep concern over the rising energy crisis and urged the...

Published 29 Apr, 2022 05:43am

Pakistan

CAREC Institute holds second annual research conference

LAHORE: The second research conference of the CAREC Institute (Central Asia Regional Economic Cooperation) took ...

Published 16 Apr, 2022 04:10am

Markets

China stocks fall as Covid outbreaks, weak imports dent sentiment

SHANGHAI: China stocks closed lower on Wednesday as weak March import data fanned fears of a further slowdown in...

Published 14 Apr, 2022 04:55am

World

FY22: World Bank raises growth forecast for Pakistan to 4.3% from 3.4%

Keeps next year's growth outlook unchanged at 4%

Updated 13 Apr, 2022 10:35pm

Moody’s expects Pakistan to register 3-4pc growth

ISLAMABAD: Moody’s Investors Services (Moody’s) expects Pakistan’s economic growth of 3-4 percent for 2022 and 4-5...

Updated 12 Apr, 2022 10:56am

Opinion

Economic and political instability

‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are...

Published 08 Apr, 2022 05:28am

Opinion

When it comes to oil, the global economy is still hooked

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine...

Published 26 Mar, 2022 04:13am

PM tells success stories of his govt

DARGAI: Prime Minister Imran Khan here on Sunday, while highlighting his government’s major initiatives and...

Updated 21 Mar, 2022 12:11pm

Markets

Shanghai steel futures dip

MANILA Benchmark steel prices in China hit two-week lows on Monday, as surging COVID-19 infections in the world’s...

Updated 15 Mar, 2022 06:36am

Business & Finance

Record US trade deficit, slowing wholesale inventory gains seen curbing economic growth

WASHINGTON: The US trade deficit widened to a record high in January as businesses imported more goods to rebuild...

Published 09 Mar, 2022 06:44am

Pakistan

At KLF, experts offer Pakistan solutions to its economic woes

Discuss country's policymaking issues in session titled ‘Pakistan’s Economic Journey: Expecting Miracles’ at Karachi Literature Festival

Published 06 Mar, 2022 12:03pm

Opinion

Myth and reality

The oil sector in Pakistan is benefiting from the increase in consumption of petroleum products that is being driven...

Published 10 Feb, 2022 04:40am

World

India's Modi defends handling of pandemic amid opposition protests

NEW DELHI: Indian Prime Minister Narendra Modi defended his government's efforts to fight the COVID-19 pandemic over...

Published 08 Feb, 2022 04:12pm

Pakistan

Progressive market-oriented reforms are a recipe for rapid growth: Mian Mansha

LAHORE: Mian Muhammad Mansha Wednesday gave the recipe to rapid economic growth, saying that progressive...

Updated 03 Feb, 2022 10:31am

Business & Finance

China can achieve economic growth of around 5.5% in 2022

BEIJING: China will be able to achieve economic growth of around 5.5% in 2022, Zhu Guangyao, an adviser to China's...

Published 21 Jan, 2022 03:46pm

World

China's birth rate at record low in 2021: official

BEIJING: The birth rate in China plummeted to a record low last year, official data showed Monday, as analysts warn...

Published 17 Jan, 2022 10:09am

Opinion

Profundity of productivity

Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its...

Published 12 Jan, 2022 04:25am

WB sees ‘hard landing’ risk for poorer nations

WASHINGTON: The World Bank on Tuesday cut its forecasts for economic growth in the United States, the Euro area and...

Published 12 Jan, 2022 04:25am

Technology

Ministry prepares draft ‘National Broadband Policy-2021’

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Broadband...

Published 05 Jan, 2022 05:37am

Markets

Most major Gulf bourses fall on Omicron worries

DUBAI: Most major stock markets in the Gulf ended lower on Tuesday, as investors worried over surging cases of the...

Published 22 Dec, 2021 06:13am

Business & Finance

Eurozone growth slowing after new Covid wave: survey

BRUSSELS: Economic growth in the eurozone slowed to a nine-month low in December as a fresh wave of the coronavirus...

Published 16 Dec, 2021 04:30pm

Pakistan

Benefits of reforms to reach masses ‘soon’: Farrukh

FAISALABAD: State Minister for Information and Broadcasting Farrukh Habib has said that people will soon start...

Published 13 Dec, 2021 06:45am

Tarin says govt committed to fuelling growth

Says prudent fiscal reforms have helped in improving the tax to GDP ratio

Updated 10 Dec, 2021 02:07pm

Markets

Copper receives shot in the arm from China’s central bank

LONDON: Copper prices were given a boost on Monday as top metals consumer China cut its bank reserves requirement,...

Published 07 Dec, 2021 06:29am

Business & Finance

China frees up $188bn for banks in second reserve ratio cut

BEIJING: China’s central bank said on Monday it would cut the amount of cash that banks must hold in reserve, its...

Published 07 Dec, 2021 06:29am

Business & Finance

China's economy expected to grow 5.3% in 2022, says govt think tank

BEIJING: China's economy is expected to grow around 5.3% in 2022, bringing the average annual growth rate forecast...

Published 06 Dec, 2021 01:05pm

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 20 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 20 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 20 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 20 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 20 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 20 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 20 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 20 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 20 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 20 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 20 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 20 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 20 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 20 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 20 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 20 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 20 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 20 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 20 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 20 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 20 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

Economic growth

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