Trends - economic situation - Business Recorder

economic situation

Bilawal says economic situation deteriorating by the day

KARACHI: Pakistan People’s Party (PPP) chairman Bilawal Bhutto Zardari has said that the economic situation of the...

Published 10 Sep, 2023 03:20am

COAS explains to businesspeople SIFC potential

Emphasises Special Investment Facilitation Council's potential to attract substantial investments of up to 100 billion dollars from countries such as Saudi Arabia, UAE, Kuwait and others

Updated 04 Sep, 2023 11:39am

Finance minister briefed by MoF officials

ISLAMABAD: Dr Shamshad Akhtar assumed the charge of caretaker finance minister on Thursday. Soon after taking oath,...

Updated 18 Aug, 2023 09:42am

Pakistan

Country’s economy showing signs of improvement: Governor

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Monday that despite difficult economic situation, the...

Published 20 Jun, 2023 03:16am

RRMC takes stock of economic situation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of...

Updated 30 Apr, 2023 09:21am

Business & Finance

Concerns voiced over country’s current economic situation

LAHORE: “Inflation in Pakistan is all-time high since 1974, and in a country where about a quarter of the...

Updated 23 Mar, 2023 06:08am

Business & Finance

Import restrictions: Bannu Woollen Mills shuts production for 6 weeks

Cites current economic situation and its effect on the ability of the banks to open LCs for import of raw materials as reason

Updated 22 Mar, 2023 09:32pm

Pakistan

Dar leaves for Qatar

ISLAMABAD: Federal Finance Minister Ishaq Dar on Monday left on a two-day visit of Qatar for talks aimed at...

Published 24 Jan, 2023 06:06am

Pakistan

Alvi exhorts stakeholders to put aside differences, hold talks

ISLAMABAD: President Dr Arif Alvi has expressed his serious concerns about Pakistan’s economy and said if all...

Published 13 Jan, 2023 06:05am

Pakistan

Traders tell ministers closure of shops at 8pm ‘unacceptable’

ISLAMABAD: All Pakistan Anjuman-e-Tajran (APAT) on Wednesday conveyed to the Minister for Defence Khawaja Muhammad...

Published 29 Dec, 2022 05:59am

Closure of shops by 8pm: Policy hinges on provinces’ nod of acknowledgement

Khawaja Asif says energy saving policy would be accorded final approval on Thursday

Updated 21 Dec, 2022 10:14am

Opinion

There’s a mood of gloom and despondency

A wave of despondency pervades the entire country because of growing political instability that has been exacting ...

Published 18 Dec, 2022 03:36am

PM, Dar, others take stock of economic situation

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said the government would fulfil its current programme with...

Updated 15 Dec, 2022 09:55am

Pakistan

Foreign investors, banks unwilling to invest: Imran Khan

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that fresh elections were imperative to remove...

Updated 13 Dec, 2022 09:36am

PM rejects default speculations with much vehemence

Says government has taken much needed measures to save Pakistan from default

Updated 13 Dec, 2022 09:43am

Pakistan

SBP chief meets Sindh governor

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed met Sindh Governor Kamran Khan Tesori at the Governor...

Published 09 Dec, 2022 05:58am

Pakistan

‘Informal’ govt-PTI talks underway: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry has revealed that they were holding...

Published 06 Dec, 2022 05:58am

Dar meets Alvi ahead of COAS’ appointment

Finance minister briefed the president on the various steps taken to provide relief to the general public

Updated 19 Nov, 2022 10:39am

Survey: businesspeople pessimistic about prospects

KARACHI: Entrepreneurs and businessmen are getting increasingly pessimistic about the future of their businesses,...

Updated 02 Nov, 2022 09:41am

Take flood havoc into account, Dar pleads with IMF

Federal Minister for Finance and Revenue briefs IMF Mission Chief Nathan Porter on the economic situation caused by devastating floods

Updated 30 Sep, 2022 09:47am

Pakistan

President, PM discuss security, economic situation

ISLAMABAD: Prime Minister Shehbaz Sharif called on President Dr Arif Alvi on Wednesday to discuss the country’s...

Published 29 Sep, 2022 06:44am

Pakistan

Shehbaz meets Nawaz, Dar at Hassan’s office

LONDON: Prime Minister Shehbaz Sharif and Pakistan Muslim League–Nawaz (PML-N) supremo Nawaz Sharif agreed to hold...

Updated 19 Sep, 2022 09:34am

Pakistan

Pasha lauds MPC’s decision to maintain policy rate

ISLAMABAD: Former finance minister Dr Hafeez Pasha has stated that Monetary Policy Committee’s decision to ...

Published 24 Aug, 2022 05:08am

Business & Finance

ICCI asks politicians to take economic situation ‘very seriously’

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Sunday asked all the political parties to take...

Published 01 Aug, 2022 05:54am

Business & Finance

Govt urged to support SMEs to reduce import-export gap

LAHORE: The Small and Medium Enterprises (SMEs) are the backbone of the economy; SMEs have to be promoted to...

Published 08 Jul, 2022 06:40am

Pakistan

Former Sindh governor meets Nawaz in London

LONDON: Former Sindh governor Muhammad Zubair met former prime minister and PML-N supremo Nawaz Sharif in London and...

Published 30 Jun, 2022 06:07am

Pakistan

PTI govt blamed for current economic woes

ISLAMABAD: The coalition government, while urging the nation for adopting austerity measures as a cultural norm to...

Published 17 Jun, 2022 07:38am

Budget 2022-23

PM Shehbaz lauds economic team for producing ‘best’ budget

LAHORE: Prime Minister Shehbaz Sharif on Saturday praised his economic team for presenting the ‘best’ federal...

Updated 12 Jun, 2022 08:58am

Pakistan

Hammad criticises govt’s economic policies

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Hammad Azhar on Tuesday said that amid the deteriorating economic...

Updated 08 Jun, 2022 12:04pm

Business & Finance

KCCI team, Senate chief discuss economy, federal budget

KARACHI: A high-level delegation of the Karachi Chamber of Commerce and Industry (KCCI) led by Businessmen Group...

Published 01 Jun, 2022 07:10am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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