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economy

Tarin calls for review of NFC award

KARACHI: Calling for restructuring of National Finance Commission (NFC) award, former finance minister Shaukat Tarin...

Published 16 Oct, 2022 03:53am

Editorials

State of the economy

EDITORIAL: The strengthening of the Pakistani rupee vis-a-vis the dollar since the appointment of Ishaq Dar as the...

Published 11 Oct, 2022 05:54am

Editorials

The circular debt tap

EDITORIAL: Some things never change; no matter which government comes to power or which goes out of it, legally or...

Published 09 Oct, 2022 05:51am

Pakistan

Ravaged by floods, Pakistan's economic health has a lot of people worried

ISLAMABAD: Concerns over the health of Pakistan's economy have risen, especially in the wake of floods, as foreign...

Published 01 Oct, 2022 08:04pm

BR Research

Economy in a shambles

The foremost and immediate concern of both SBP and MoF is to control imports and to bridge the gap between imports...

Published 13 Sep, 2022 09:00am

Markets

Finance ministry estimates flood losses at $18.5bn: Miftah Ismail

Finance minister assures textile sector that govt will supply cotton and fuel 'no matter what we have to do'

Updated 10 Sep, 2022 10:24pm

Pakistan

Pakistan should seek relief from IMF, ask Russia for cheap oil: Shaukat Tarin

Former finance minister says govt needs to focus on providing relief to people in the wake of devastating floods

Updated 03 Sep, 2022 04:53pm

Perspectives

Pakistan’s economy will face further headwinds

When Jerome Powell, chairman of the most important central bank in the world, Federal Reserve Bank of America...

Published 02 Sep, 2022 07:56pm

Business & Finance

Amreli Steels, Bolan Castings halt production amid flood disruptions

Amreli Steels and Bolan Castings have announced production shutdowns in separate notices to the Pakistan Stock...

Published 31 Aug, 2022 05:45pm

Pakistan

Floods could shrink Pakistan's GDP growth to 2.49% in FY23: AHL

Brokerage house's research wing says annual average CPI reading to hit 19.7% in FY23 against earlier estimate of 18.6%

Published 29 Aug, 2022 05:54pm

Pakistan

Economic hit from floods in Pakistan to cost at least $10bn: Miftah Ismail

Ongoing devastation due to floods caused by weeks of torrential rains would cost the Pakistan economy at least $10...

Updated 29 Aug, 2022 03:00pm

Markets

SBP-held foreign exchange reserves rise $67mn, now stand at $7.9bn

Total liquid forex reserves held by Pakistan stand at $13.61 billion

Updated 19 Aug, 2022 12:21am

Pakistan

Saudi Arabia plans to renew $3bn deposit in assistance to Pakistan: report

Also intends to provide $100mn a month for 10 months in petroleum products that would be granted as additional support

Updated 14 Aug, 2022 09:43am

Pakistan

Pakistan aims for 6-7% GDP growth in medium term

Ministry of Finance highlights economic progress in its '75 Years - Economic Journey Of Pakistan' report released on Saturday

Updated 13 Aug, 2022 06:55pm

Business & Finance

Maersk temporarily suspends C&F export bookings from Pakistan

Says export bookings on FOB to continue as usual

Updated 12 Aug, 2022 10:09pm

Markets

Critical: SBP-held foreign exchange reserves fall $555mn, now stand at $7.83bn

Decrease due to external debt repayments, which are expected to moderate during the next three weeks of this month, says central bank

Published 11 Aug, 2022 08:27pm

Markets

Brokerage house Topline expects KSE-100 to reach 52,000 points by end of FY23

In its strategy report for mid-year 2022, brokerage house says KSE-100 is likely to post 25% return in next 12 months

Published 08 Aug, 2022 07:51pm

Business & Finance

Dr Reza Baqir hails 'good news' over Pakistan's IMF progress

Dr Reza Baqir, former governor of Pakistan’s central bank, hailed on Thursday the recent “good news” and...

Published 04 Aug, 2022 09:42pm

Pakistan

Inflation in Pakistan hits 24.9% in July, a 14-year high

CPI inflation in rural areas increased by 26.9% on year-on-year basis

Updated 01 Aug, 2022 04:22pm

Perspectives

We may not default, but this crisis exposes how vulnerable we are

Default occurs when you are unable to pay what is coming due (on debt) after all usual trade and services’ ...

Published 01 Aug, 2022 01:19pm

Editorials

Missing the window

EDITORIAL: Pakistan’s performance during the pandemic was impressive by any standards, but it can’t get any...

Published 29 Jul, 2022 06:14am

Pakistan

Govt to lift ban on certain imports in coming days: Miftah Ismail

Finance minister says petroleum levy will be increased in a phased manner

Updated 27 Jul, 2022 07:15pm

BR Research

No cure for poor timing?

It’s a coincidence from hell that Pakistan’s economy and politics are regressing simultaneously, and at an...

Published 27 Jul, 2022 09:07am

Economy: Miftah stays optimistic

Finance minister says issue of price-hike will be controlled in next few months

Updated 26 Jul, 2022 10:06am

Markets

Pressure will ease as imports have gone down: Miftah Ismail

Finance minister reiterates position that rupee's downward slide will halt

Updated 25 Jul, 2022 07:26pm

Opinion

Economy, ecology: giant step forward

(—Sixth part of the “China in the past decade” series) The past decade since the 18th National Congress of ...

Published 23 Jul, 2022 04:10am

Pakistan

In Twitter thread, economist Atif Mian highlights Pakistan's economic woes

Says Pakistan stands out in how poorly its median citizen fares on basic needs such as education and health, even when compared to countries with similar income per capita

Published 21 Jul, 2022 11:35pm

BR Research

Currency – snowballing?

A negative feedback loop reigns over the currency market, creating a snowball effect. This is why investor ...

Published 20 Jul, 2022 08:55am

BR Research

Stability in the offing?

Markets abhor political instability and power vacuum. After almost four months of turmoil, there are signs that the...

Published 15 Jul, 2022 08:36am

Business & Finance

Economy: KCCI supports govt’s steps

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Idrees has reaffirmed his support to the...

Published 28 Jun, 2022 06:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	278.32
USD PKR Interbank Buying / Apr 15	277.12
USD to Japanese Yen / Apr 16	154.32
USD to Swiss Franc / Apr 16	0.91
Pound Sterling to USD / Apr 16	1.24
Euro to USD / Apr 16	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
Nasdaq / Apr 15	15885.02
FTSE 100 / Apr 15	7965.53
Dow Jones / Apr 15	37735.11
Germany DAX 30 / Apr 15	18026.58
France CAC40 / Apr 15	8045.11
India Sensex / Apr 16	73041.46
Tokyo Nikkei / Apr 16	38375.98

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	21735
Gold 10 Grams PKR / Apr 9	212277
Crude Oil USD/Barrel / Apr 16	85.94
Gold Spot USD/Ounce / Apr 16	2387.66

Gainers
Losers
Leaders

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

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

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

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