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economy

Late buying helps KSE-100, but index still closes 641 points lower

Key benchmark index, fresh from its worst fall of 2022 just two days ago, lost as much as 1,110 points in intra-day trading

Updated 11 May, 2022 06:00pm

Pakistan

PM Shehbaz set to meet Nawaz Sharif, Ishaq Dar in London as economy stutters

Visit comes amid reports that the premier is set to have consultations with his brother and the political party's finance czar on the country's economic situation

Updated 10 May, 2022 07:08pm

Business & Finance

PTI’s Fawad Chaudhry says economy running ‘without a driver’

Ex-information minister claims government's hope to grab monetary benefits from Saudi Arabia and UAE remain unmet

Updated 05 May, 2022 08:29pm

Pakistan

UAE’s economic team to arrive in Pakistan for implementation of leadership’s decisions

Announcement comes a day after PM Shehbaz Sharif's visit to the UAE

Published 02 May, 2022 08:11pm

Opinion

Economy: sanity must prevail

Times are tough. The fiscal deficit is slipping, and the circular debt is growing due to growing energy prices...

Published 25 Apr, 2022 05:42am

Pakistan

Malik Talat Sohail elected coordinator FPCCI

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry has elected Malik Sohail as its coordinator...

Published 25 Apr, 2022 05:42am

Business & Finance

Cannot bear burden of subsidy on petroleum prices, says Miftah ahead of IMF meeting

Finance minister confident of programme revival, will travel to Washington later in the day

Updated 20 Apr, 2022 08:27pm

BR Research

Cement exports dire

Cement exports have been tanking, greatly compounding the effectson total industry output of a slowing domestic...

Published 18 Apr, 2022 08:36am

Pakistan

Emergency basis: PM Shehbaz seeks proposals on economy from experts

Summit will be held in coming days to discuss suggestions of economic experts

Updated 12 Apr, 2022 05:31pm

Perspectives

Clarity emerging but speed bumps ahead for Pakistan's economy

So its finally over. Imran Khan became the first PM in Pakistan’s history to be ousted by a no confidence vote...

Published 10 Apr, 2022 03:20pm

Business & Finance

Women’s participation in economy: Covid-19 effects may lead to further declines: WB

ISLAMABAD: The impacts resulting from Covid-19 might lead to further declines in women’s participation in the...

Published 08 Apr, 2022 05:28am

Perspectives

Economy on the back-burner: some difficult decisions needed

The ongoing political turmoil in Pakistan only added to the woes of an already battered economy, which is faced with...

Published 08 Apr, 2022 03:58am

Business & Finance

LCCI president fears political instability to hit economy hard

LAHORE: President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir expressed concern over the...

Published 05 Apr, 2022 05:38am

Markets

Japan may expand fuel subsidy to curb energy costs-minister

TOKYO: Japan may expand a subsidy programme for gasoline and other fuels among measures under consideration to ease...

Published 03 Apr, 2022 11:25am

Business & Finance

Pakistan offers ‘unlimited’ export potential, says Dr Baqir

SBP governor cites example of Service Long March Tyres that used central bank's TERF to enhance value

Updated 28 Mar, 2022 07:52pm

Opinion

Literature and economy — role of commercial organizations

Intuitively, the link between literature and the economy is not expressly apparent. Following an analysis of the two...

Published 28 Mar, 2022 05:34am

Pakistan

7th review: negotiations with IMF going as planned, says Ministry of Finance

Says there is consensus that all end-December agreed targets have been achieved

Updated 24 Mar, 2022 06:32pm

Pakistan

Reko Diq project to boost Balochistan economy, generate $100bn over its lifespan, says Tarin

Terming the settlement with Barrick Gold Corporation and Antofagasta for the revival of Reko Diq as a ‘major ...

Updated 22 Mar, 2022 06:53pm

Pakistan

‘Economy needs to revolve around job creation’

KARACHI: In order to steer Pakistan from ongoing deep economic crisis, it is needed that job creation should he ...

Published 21 Mar, 2022 06:59am

Pakistan

Economy, governance: PML-N leader steps up criticism of PTI govt

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) leader Shahid Khaqan Abbasi on Sunday said that those legislators ...

Published 21 Mar, 2022 06:15am

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

Pakistan

Govt should quit, pave the way for elections: JI Shura

LAHORE: JI Majlis-e-Shura (central executive council) has said the government should go home if it could not fix the...

Updated 27 Feb, 2022 07:14am

Business & Finance

Japan's trade deficit jumps to 8-year high as commodity imports soar

TOKYO: Japan ran its biggest trade deficit in a single month in eight years in January as high energy costs swelled...

Published 17 Feb, 2022 11:47am

Pakistan

‘Climate change heavily affecting economy’

ISLAMABAD: Pakistan contributes less than one percent of the global greenhouse gas emissions but every year it keeps...

Published 17 Feb, 2022 06:37am

Pakistan

Experts weigh in as Pakistan comes to terms with all-time high petrol prices

Apart from outright inflationary impact, analysts outline sectors that will suffer as a result

Published 16 Feb, 2022 08:02pm

Pakistan

Pakistan to start utilising Saudi oil facility from March, Tarin tells Senate

Finance minister expresses hope country will soon come out of FATF's grey-list

Updated 11 Feb, 2022 02:19pm

Pakistan

Second phase of CPEC to focus on agriculture, industrialisation: PM Imran

In interview CGTN China, prime minister says Pakistan needs to improve agriculture sector's productivity

Updated 08 Feb, 2022 09:29pm

Pakistan

Experts weigh in after IMF programme revival

Highlight need to address structural issues in economy

Updated 03 Feb, 2022 06:31pm

Pakistan

Current IMF programme 'should be enough': Shaukat Tarin

Finance minister says curtailing budget deficit and tapping international markets should help sustain economic growth

Updated 03 Feb, 2022 05:11pm

Markets

Pakistan's January inflation reading hits 13%, highest in two years

Consumer Price Index (CPI) clocks in at 12.96%, highest since January 2020 when it stood at 14.6%

Updated 01 Feb, 2022 01:27pm

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 1 Dewan Sugar Mills Limited(DWSM)	2.99 ▲ 0.80 (36.53%)
Yousuf Weaving / Jul 1 Yousaf Weaving Mills Limited(YOUW)	5.51 ▲ 0.56 (11.31%)
Ashfaq Textile / Jul 1 Ashfaq Textile Mills Limited(ASHT)	8.90 ▲ 0.90 (11.25%)
Azgard Nine / Jul 1 Azgard Nine Limited(ANL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Jul 1 Tri-Star Power Limited(TSPL)	3.79 ▲ 0.29 (8.29%)
Sanofi-Aventis / Jul 1 Sanofi-Aventis Pakistan Limited(SAPL)	1148.48 ▲ 80.12 (7.50%)
Bolan Casting / Jul 1 Bolan Castings Limited(BCL)	53.55 ▲ 3.73 (7.49%)
K.S.B.Pumps / Jul 1 KSB Pumps Company Limited(KSBP)	142.14 ▲ 9.91 (7.49%)
MithchellsFruit / Jul 1 Mitchells Fruit Farms Limited(MFFL)	91.69 ▲ 6.39 (7.49%)
Allawasaya Tex / Jul 1 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1525.00 ▲ 106.00 (7.47%)

Stock	Price
F.Treet Manuf / Jul 1 First Treet Manufacturing Modaraba(FTMM)	9.78 ▲ -1.00 (-9.28%)
Husein Sug.Convert.Pref. / Jul 1 Husein Sugar Mills Ltd Convertible Preference Shares(HSMCPS)	4.99 ▲ -0.51 (-9.27%)
AEL Textile / Jul 1 AEL Textile Limited(AEL)	12.95 ▲ -1.05 (-7.50%)
Ellcot Spinning / Jul 1 Ellcot Spinning Mills Limited(ELSM)	150.77 ▲ -12.22 (-7.50%)
TPL Insurance / Jul 1 TPL Insurance Limited(TPLI)	31.21 ▲ -2.53 (-7.50%)
Bank Of Khyber / Jul 1 The Bank of Khyber(BOK)	13.92 ▲ -1.08 (-7.20%)
Pak Gen.Ins. / Jul 1 The Pakistan General Insurance Co. Ltd.(PKGI)	10.16 ▲ -0.77 (-7.04%)
Kohinoor Mills / Jul 1 Kohinoor Mills Limited(KML)	25.00 ▲ -1.75 (-6.54%)
Jahangir Sidd(Pref) / Jul 1 Jahangir Sidd(Pref)(JSCLPSA)	7.50 ▲ -0.44 (-5.54%)
Quice Food / Jul 1 Quice Food Industries Limited(QUICE)	3.82 ▲ -0.19 (-4.74%)

Stock	Volume
Agritech Limited / Jul 1 Agritech Limited(AGL)	9,614,500 ▼ 0.00
Yousuf Weaving / Jul 1 Yousaf Weaving Mills Limited(YOUW)	5,016,500 ▼ 0.00
Kohinoor Spining / Jul 1 Kohinoor Spinning Mills Limited(KOSM)	4,705,000 ▼ 0.00
G3 Technologies / Jul 1 G3 Technologies Limited(GTECH)	4,358,000 ▼ 0.00
Azgard Nine / Jul 1 Azgard Nine Limited(ANL)	4,332,500 ▼ 0.00
TPL Properties / Jul 1 TPL Properties Limited(TPLP)	3,891,837 ▼ 0.00
Sui North Gas / Jul 1 Sui Northern Gas Pipelines Limited(SNGP)	2,448,092 ▼ 0.00
WorldCall Telecom / Jul 1 Worldcall Telecom Limited(WTL)	2,072,000 ▼ 0.00
Pak Int.Bulk / Jul 1 Pakistan International Bulk Terminal(PIBTL)	2,010,000 ▼ 0.00
Pak Refinery / Jul 1 Pakistan Refinery Limited(PRL)	1,717,062 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jun 30	135.30
USD to Swiss Franc / Jun 30	0.96
Pound Sterling to USD / Jun 30	1.21
Euro to USD / Jun 30	1.05
UK LIBOR % / Jun 30	1.57

Stock	Volume
S&P 500 / Jun 30	3785.38
India Sensex / Jun 30	53018.94
Tokyo Nikkei / Jun 30	26186.80
Nasdaq / Jun 30	11028.73
Hang Seng / Jun 30	21859.79
FTSE 100 / Jun 30	7169.28
Dow Jones / Jun 30	30775.43
Germany DAX 30 / Jun 30	12783.77
France CAC40 / Jun 30	5922.86

Item	Value
Crude Oil USD/Barrel / Jun 30	106.11
Karachi Cotton PKR/37.32 KG / Jun 30	18180.00
Gold 10 Grams PKR / Jun 30	120000.00
Gold Spot USD/Ounce / Jun 30	1805.60
Cotton US¢/pound / Jun 30	97.14

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