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Economic Survey 2023 24

Tech glitches, economy twitches

Updated 29 Aug, 2024 07:28am

In today’s digital landscape, the internet has become a fundamental necessity for individuals and businesses ...

Inflation decline and no feel-good factor

Published 12 Aug, 2024 06:36am

The July inflation data was released by the Pakistan Bureau of Statistics (PBS) on the 1 of August, showing a ...

Pharma, healthcare sectors also reeling amid economic crisis

Published 04 Jul, 2024 06:09am

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Green Pakistan: Phase-I Up-scaling Programme achieves plantation target of 2.12bn

Published 22 Jun, 2024 06:47am

LAHORE: Phase-I of the Green Pakistan Up-scaling Program has achieved a plantation target of 2.12 billion to enhance...

Trends in unemployment

Updated 22 Jun, 2024 07:28am

EDITORIAL: One of the most ignored contributors to the unemployment rate – which stands at 6.3 percent, according...

BISP allocated Rs598.71bn

Updated 13 Jun, 2024 09:32am

ISLAMABAD: Benazir Income Support Programme (BISP) has been budgeted at Rs598.71 billion in financial year 2024-25,...

Country goes from being water-stressed to water-scarce

Published 12 Jun, 2024 06:51am

ISLAMABAD: Pakistan is facing a shift from water-stressed to water-scarce status due to factors such as population...

Cumulative education expenditures decline

Published 12 Jun, 2024 06:51am

ISLAMABAD: The cumulative education expenditures by federal and provincial governments declined as a percentage of...

Rs313.4bn disbursed among 9.4m BISP beneficiaries

Published 12 Jun, 2024 06:51am

ISLAMABAD: The Economic Survey 2023-2024 unveiled substantial financial commitments by the Government of Pakistan...

Neither up-to-date nor unbiased

Published 12 Jun, 2024 06:51am

The Economic Survey’s relevance, limited to data analysis, is neither up to date (limited to July-March or for ...

Economic Survey

Published 12 Jun, 2024 06:51am

EDITORIAL: The Economic Survey 2024-25 gives good news: key macroeconomic indicators are better than the comparable...

Inflation target of 21pc will be missed

Updated 12 Jun, 2024 08:57am

ISLAMABAD: Pakistan will miss the inflation target of 21 percent set for the current fiscal year and will remain in...

Tax exemptions, zero-rating cost kitty over Rs3.87trn

Updated 12 Jun, 2024 08:59am

ISLAMABAD: Total tax exemptions, concessions, zero-rating and special tax treatments to various businesses,...

Life expectancy rises to 67.3 years

Updated 12 Jun, 2024 08:57am

ISLAMABAD: The life expectancy in Pakistan has increased from 65.7 years to 67.3 years from 2015 to 2022, revealed...

No sacred cows, everyone has to contribute to economy: Aurangzeb

Updated 12 Jun, 2024 09:32am

ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday forewarned that there are no sacred cows and everyone has to...

Growth target missed: Economic Survey

Updated 12 Jun, 2024 09:13am

ISLAMABAD: Economy is likely to have expanded by 2.4% in the fiscal year that ends this month, missing a target of...

Interest expenses climb to Rs5.5trn

Updated 12 Jun, 2024 08:58am

KARACHI: The tight monetary stance by the State Bank of Pakistan (SBP) resulted in a massive surge in the federal...

Livestock sector registers 3.9pc growth

Published 12 Jun, 2024 06:51am

ISLAMABAD: The livestock sector of the economy has registered a growth of 3.9 per cent during 2023-24, revealed...

‘IT industry demonstrates growth of -3.02pc owing to decline in telecommunication’

Published 12 Jun, 2024 06:51am

ISLAMABAD: The information and communication industry demonstrated growth of -3.02 per cent because of a decline in...

Rs719.59bn PL collected in Jul-Mar

Published 12 Jun, 2024 06:51am

ISLAMABAD: The federal government has collected Rs719.592 billion petroleum levy (PL) on petroleum products in the...

Economic Survey: Jul-Mar POL import bill down on lower intake

Published 12 Jun, 2024 06:51am

ISLAMABAD: Pakistan’s petroleum import bill declined in the first nine months (July-March) of fiscal year 2023-24...

Unemployment rate stands at 6.3pc

Published 12 Jun, 2024 06:51am

ISLAMABAD: With 4.51 million unemployed population, the rate of unemployment in Pakistan stands at 6.3 percent, the...

Economic Survey: Red Sea disruptions continue to affect supply chain

Published 12 Jun, 2024 06:51am

ISLAMABAD: The Government said on Tuesday that prolonged disruptions in Red Sea will continue to disrupt supply...

Pakistan’s ICT exports soar to $2.28bn, reveals Economic Survey 2023-24

Published 11 Jun, 2024 11:23pm

Pakistan’s Information and Communication Technology (ICT) sector exports remittances have surged 17.44% to $2.283...

Capacity utilisation of Pakistan’s cement industry drops to lowest on record

Updated 11 Jun, 2024 11:53pm

At around 55%, this is the lowest level since at least FY2007

Key highlights of Pakistan Economic Survey 2023-24

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Economic Survey 2023 24

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