Trends - economy - Business Recorder

economy

US consumer confidence rises as Americans shrug off bank failures

WASHINGTON: US consumer confidence unexpectedly increased in March despite recent financial market turmoil sparked...

Published 30 Mar, 2023 06:35am

BR Research

The narrowing path

It seems that things are increasingly getting out of control vis-à-vis the economy and politics, even as the state...

Published 29 Mar, 2023 08:53am

BR Research

A wheat insecure planet?

Over the past three decades, the global economy has witnessed remarkable improvement in food output productivity....

Published 27 Mar, 2023 08:50am

Editorials

We are Pakistanis, firstly and lastly

EDITORIAL: Today, it has been 83 years since a historic resolution was passed for establishment of a separate...

Published 23 Mar, 2023 05:47am

Markets

Electricity generation dips 4% in February as economic slowdown continues

China Power Hub Generation and Thar Energy Limited generated zero electricity during February due to coal import issues

Published 22 Mar, 2023 05:15pm

Pakistan

‘Pakistan is running out of time,’ warns PBC as IMF programme hangs in balance

As stakeholders contest short-term power, Pakistan's long-term future is in jeopardy, says Pakistan Business Council

Updated 22 Mar, 2023 04:44pm

BR Research

‘Tell me how this ends’

The crises facing Pakistan are not new. The economy is used to a major boom-bust cycle every 3-4 years; the politics...

Published 22 Mar, 2023 08:47am

Opinion

Delay is deadliest form of denial

This is apropos a Business Recorder editorial “IMF: delay deadliest form of denial?” carried by the newspaper...

Published 19 Mar, 2023 03:33am

BR Research

Getting completely priced out?

As central banks across the world continue to hike interest rates to rein in inflation (with little to show for it,...

Published 15 Mar, 2023 08:40am

Opinion

Inefficient land use

Domestic commerce historically has been ignored by both policymakers and researchers in Pakistan to date. This is...

Published 15 Mar, 2023 06:01am

Pakistan

'Pakistan has a bright future': UK keen to liberalise trade, identify investment opportunities

UK Prime Minister’s Trade Envoy to Pakistan, Mark Eastwood, who also serves as a Member of Parliament (MP), has...

Published 10 Mar, 2023 06:47pm

Business & Finance

Alvi for enhancing trade, economic cooperation with Tanzania

ISLAMABAD: President Dr Arif Alvi has underlined the need for increasing trade and economic cooperation with ...

Published 10 Mar, 2023 03:46am

Business & Finance

Old agri methods cost $1bn annually to economy: expert

KARACHI: The first Agri-Connections Event 2023 will be held on March 16 in Karachi, to be organised by the Pakistan...

Published 07 Mar, 2023 03:16am

Business & Finance

Policies made for the elite have damaged economy: analyst

KARACHI: Chairman of the National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals...

Published 07 Mar, 2023 03:16am

World

PM urges global community to address 'unsustainable debt burden' of poor countries

Prime Minister Shehbaz Sharif on Monday urged the international community to address the growing “unsustainable debt...

Updated 06 Mar, 2023 04:13pm

Business & Finance

Economy under extreme pressure: analyst

KARACHI: The Pakistan economy is continuing under extreme pressure and the ease is missing. High jump of dollar,...

Published 05 Mar, 2023 03:36am

Opinion

Future of the finance profession

When preparing for my first-ever visit to Pakistan, three things came to mind as being of particularly important...

Published 01 Mar, 2023 06:21am

Pakistan

Terrorism termed big threat to economy

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen Mian Zahid Hussain has said...

Published 14 Feb, 2023 05:58am

Business & Finance

Trade, economy and education: President calls for improving cooperation with Sri Lanka

ISLAMABAD: President Dr Arif Alvi has called for promoting greater cooperation between Sri Lanka and Pakistan in the...

Published 10 Feb, 2023 03:56am

Markets

Pakistan, Spain agree to expand cooperation in diverse fields

ISLAMABAD: Pakistan and Spain have agreed to expand cooperation in diverse fields, including trade, economy,...

Published 08 Feb, 2023 06:10am

BR Research

A dreaded déjà vu

Never a stable moment in crisis-hit Pakistan! With the economy melting under the heat of debt sustainability...

Published 02 Feb, 2023 08:44am

Business & Finance

Live debate on economy: Tarin accepts challenge

ISLAMABAD: The economic expert of Pakistan Tehreek-e-Insaf (PTI), Shaukat Tarin, on Saturday accepted a challenge...

Updated 29 Jan, 2023 10:20am

Editorials

Payment obligations have to be met

EDITORIAL: Foreign shipping lines upset over non-payment of freight charges weighing anchor and sailing away from...

Published 29 Jan, 2023 03:15am

BR Research

Oil: Not going down

Having lost nearly 10 percent in two trading sessions at the start of the year, the bear run did not last beyond...

Published 27 Jan, 2023 09:12am

Pakistan

Agriculture a pillar of economy that’s often ignored by govts: PKI

LAHORE: The Pakistan Kissan Ittehad (PKI) has proposed to engage technology-providing seed companies to revitalise...

Published 25 Jan, 2023 06:25am

Opinion

Beyond aid pledges: time for long-term reforms

Pakistan is currently in economic turmoil, with widespread speculation of a de facto sovereign default. Even though...

Updated 24 Jan, 2023 06:43am

Business & Finance

FCCI chief argues why country needs ‘charter of economy’

FAISALABAD: Solidarity and integrity of Pakistan is directly linked with the stable economy and in this connection...

Published 21 Jan, 2023 06:15am

Opinion

A sad tale indeed – II

A The political and economic events unfolding in Pakistan since April 2022 amidst an opportunistic power struggle...

Published 07 Jan, 2023 06:00am

Opinion

Lofty US home prices persist despite interest rate hikes

Higher borrowing costs are leading to fewer US home sales, but prices are staying elevated in a holdover from the...

Published 07 Jan, 2023 06:00am

BR Research

US-Pak: the year ahead

Can the US-Pak bilateral ties build on the progress made last year (despite some turbulence) and provide some...

Published 04 Jan, 2023 09:12am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
D.S. Ind. Ltd. / Mar 30 D.S. Industries Limited(DSIL)	2.25 ▲ 0.18 (8.70%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
K.S.B.Pumps / Mar 30 KSB Pumps Company Limited(KSBP)	110.72 ▲ 7.72 (7.50%)
Towellers Ltd. / Mar 30 Towellers Limited(TOWL)	233.92 ▲ 16.32 (7.50%)
Janana D Mal / Mar 30 Janana De Malucho Textile Mills Limited(JDMT)	41.33 ▲ 2.88 (7.49%)
Nagina Cot. / Mar 30 Nagina Cotton Mills Limited(NAGC)	59.87 ▲ 4.17 (7.49%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
KASB Modaraba / Mar 30 KASB Modaraba(KASBM)	1.09 ▼ -0.15 (-12.10%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)
Gillette Pak / Mar 30 Gillette Pakistan Limited(GLPL)	113.11 ▼ -8.00 (-6.61%)
AL-Abbas Sugar / Mar 30 Al-Abbas Sugar Mills Limited(AABS)	345.20 ▼ -24.31 (-6.58%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.28
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.43
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.06
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	5,734,000 ▲ 0.00
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.48
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.00
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,337,500 ▲ 0.16
Oil & Gas Dev. / Mar 30 Oil & Gas Development Company Limited(OGDC)	2,789,722 ▼ -0.24
Bankislami Pak. / Mar 30 BankIslami Pakistan Limited(BIPL)	2,649,500 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	284.05
USD PKR Interbank Buying / Mar 30	283.80
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20165.78
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

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