Trends - Economic growth - Business Recorder

Economic growth

Remittances staying buoyed

The need for overseas Pakistanis to send in remittances is never overestimated in Pakistan as there never is a time...

Published 14 May, 2024 09:33am

Business & Finance

Economic growth: Senate chief extols traders’ crucial role

MULTAN: Chairman Senate Syed Yusuf Raza Gilani on Sunday commended the indispensable role of the business community...

Published 13 May, 2024 06:08am

Supplements

CFO Conference 2024: Message from Jameel Ahmad, Governor, State Bank of Pakistan

I would like to congratulate the Institute of Chartered Accountants of Pakistan, (ICAP), for organizing the CFO...

Published 08 May, 2024 06:43am

Business & Finance

PIAF delegation meets minister: ‘Govt to take business-friendly initiatives for economic growth’

LAHORE: Federal Minister for Industries and Production Rana Tanveer Hussain has expressed the hope that the...

Updated 06 May, 2024 09:23am

Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF

Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments

Updated 01 May, 2024 04:36pm

Business & Finance

Hashoo Foundation appoints Haris Qayyum Khan as CEO

ISLAMABAD: Hashoo Foundation, the corporate social responsibility arm of the Hashoo Group announced the appointment...

Published 30 Apr, 2024 03:43am

Pakistan

Sacrificial animal market to be set up at Northern Bypass

KARACHI: The cattle market for sacrificial animals in Karachi is gearing up for a festive makeover in the second ...

Published 26 Apr, 2024 04:15am

World

US economic growth slows significantly in first quarter

WASHINGTON: The US economy cooled markedly in the first three months this year, expanding less than anticipated as...

Published 25 Apr, 2024 06:45pm

Business & Finance

Economic growth linked to continuity of policies

ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal said on Tuesday that peace, stability, and...

Published 24 Apr, 2024 03:50am

Opinion

‘Can Pakistan do better than ADB’s predictions?’

This is apropos a letter to the Editor carried by the newspaper yesterday. The writer is spot on, so to speak. ...

Published 23 Apr, 2024 03:41am

BR Research

Interview with Kashif Hussain Shah - Executive Director, Skills360

“We aim to also create opportunities for job creation and economic growth.” Coach360, a platform for mentoring and...

Published 19 Apr, 2024 07:13am

Business & Finance

Economic performance: FY2023 termed worst in country’s history

LAHORE: In terms of economic performance, fiscal year 2023 has been one the worst in Pakistan’s history. In ...

Published 19 Apr, 2024 05:07am

BR Research

EPQL in 1QCY23

Engro Powergen Qadirpur Limited (PSX: EPQL) announced its financial performance for the first quarter of CY23...

Published 17 Apr, 2024 06:12am

Business & Finance

PBF chief says country will achieve higher economic growth through KSA support

KARACHI: President Pakistan Business Forum (PBF), Khawaja Mehboob ur Rehman said that Pakistan was poised to make...

Published 17 Apr, 2024 05:28am

Opinion

Privatisation—dos and don’ts

For the last few months, privatization has been a key component of economic news. The previous government, interim...

Published 05 Apr, 2024 04:50am

Business & Finance

Trade competitiveness and economic growth: Govt focusing on tariff rationalisation, its implications: Jam

ISLAMABAD: Commerce Minister Jam Kamal has said that the government is focusing on tariff rationalization and its...

Published 05 Apr, 2024 04:50am

Banks asked to ensure lending to priority sectors

KARACHI: The Federal Minister for Finance and Revenue, Muhammad Aurangzeb on Friday asked banks for lending to...

Updated 30 Mar, 2024 02:21pm

Pakistan

President, PM resolve to steer country out of prevailing challenges

Both leaders discuss country's general political and economic circumstances

Updated 26 Mar, 2024 10:07pm

Business & Finance

Need for urgent thorough steps for economic growth

KARACHI: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) has stressed the need for immediate...

Published 19 Mar, 2024 04:53am

US envoy, PM discuss private sector-led growth

United States Ambassador to Pakistan Donald Blome expresses US support for Pakistan’s democracy and the key role of an independent press

Updated 16 Mar, 2024 03:07pm

Opinion

Getting prices right in Pakistan: Shock therapy, ‘dual-track’ price system, and input-output model

Lack of allocative and productive expenditure efficiency has led to under-utilization of revenue and aid, which in...

Updated 15 Mar, 2024 11:53am

Reforms agenda: Govt committed to working with IMF: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has expressed the government’s commitment towards working with the...

Updated 15 Mar, 2024 08:28am

Business & Finance

Economic growth: New govt should take structural policy initiatives: PTEA patron

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has welcomed the new cabinet and expressed the hope that...

Published 13 Mar, 2024 06:32am

Business & Finance

OPEC sticks to oil demand view, nudges up economic growth

LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, ...

Published 13 Mar, 2024 06:32am

Opinion

Eradicating systemic corruption

The pervasive issue of corruption and mismanagement acts as a two-edged sword that significantly undermines societal...

Published 05 Mar, 2024 03:09am

Opinion

Rescuing Pakistan

For over three decades, Pakistan’s energy sector has grappled with the persistent issue of circular debt, casting a...

Updated 02 Mar, 2024 04:38am

BR Research

Fiscal update: H1-FY24

The Finance ministry has released its Monthly Economic Update, which gives a snapshot of the performance of the...

Updated 01 Mar, 2024 11:06am

Opinion

Incoming government and some important economic policy initiatives

High inflationary situation should be among the top most priorities of the incoming government. Over-board aggregate...

Published 01 Mar, 2024 02:59am

Markets

Oil steady as investors weigh US rate cut outlook with Middle East tensions

LONDON: Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations...

Updated 21 Feb, 2024 08:57pm

Opinion

Protecting the common man: navigating street banking

In this age of information, fueled by electronic media reaching the very heart of our homes, even the “common...

Published 21 Feb, 2024 05:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	156.38
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.26
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 13	5221.42
India Sensex / May 13	72776.13
Tokyo Nikkei / May 13	38423.88
Nasdaq / May 13	16388.24
Hang Seng / May 13	19115.06
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22

Item	Value
Crude Oil USD/Barrel / May 13	79.35
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Gold Spot USD/Ounce / May 13	2340.10
Cotton US¢/pound / May 13	77.71
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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