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EFF

PKR loses 3.1pc

KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ...

Published 16 May, 2022 05:42am

IMF to initiate staff mission with Pakistan in Doha on 18th

ISLAMABAD: The International Monetary Fund (IMF) will start a staff mission on May 18 with the Pakistani authorities...

Updated 14 May, 2022 09:22am

Opinion

It’s always about the party, never…

What does a leader do when what must be done is the last thing that can be done? That’s got to be what’s keeping...

Published 12 May, 2022 05:40am

Consultations begin ahead of resumption of IMF talks

ISLAMABAD: Finance Ministry and Power Division are said to have started internal consultations to devise strategy...

Updated 10 May, 2022 10:11am

Business & Finance

RDA inflows hit $4.2bn mark

KARACHI: Inflows of Roshan Digital Account (RDA) are growing, reaching $4.2 billion at the end of April 2022. ...

Published 10 May, 2022 05:10am

Sri Lanka, IMF to start next round of technical talks from tomorrow

COLOMBO: The International Monetary Fund (IMF) would begin the next round of technical discussions with Sri Lanka...

Updated 08 May, 2022 09:00am

Govt seeks increase in size, duration of IMF programme

ISLAMABAD: Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund...

Updated 26 Apr, 2022 10:06am

Editorials

Miftah wouldn’t come back empty-handed

EDITORIAL: The statement issued by the new International Monetary Fund (IMF) mission chief for the ongoing Extended...

Published 26 Apr, 2022 05:20am

Business & Finance

Not during April: Miftah rules out any immediate increase in petrol, diesel prices

Says govt has lots of considerations to make before it can revise prices even on May 1

Updated 25 Apr, 2022 11:47pm

Govt, IMF reach new agreement?

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reportedly agreed, in principle, to extend the...

Updated 25 Apr, 2022 10:04am

Pakistan

IMF mission expected to visit Islamabad in May after Miftah holds 'productive meetings'

Both sides agree that prompt action is needed to reverse unfunded subsidies that have slowed discussions
IMF says Pakistan has also requested to extend the EFF arrangement through June 2023

Updated 25 Apr, 2022 02:19am

Editorials

The onerous task before finance minister Miftah

EDITORIAL: The new minister for finance and revenue, Miftah Ismail, tweeted “we cannot let our fiscal and external...

Published 21 Apr, 2022 05:26am

Revival of $6bn EFF: Miftah explains what IMF actually wants from new govt

IMF has sought increase in prices of petroleum products as well as taxes on levy, withdrawal of industrial amnesty scheme, reducing circular debt, increasing electricity tariffs, and fiscal saving

Updated 21 Apr, 2022 09:27pm

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

Business & Finance

Pakistan to 'continue close engagement' with IMF, World Bank: Miftah Ismail

PML-N leader, tipped to become finance chief, says Pakistan will pursue reforms that result in macroeconomic stability

Updated 16 Apr, 2022 09:24pm

Govt urged to restart talks to put IMF’s EFF back on track

ISLAMABAD: The government should immediately initiate discussions with the International Monetary Fund (IMF) to put...

Updated 16 Apr, 2022 10:44am

Pakistan

Miftah Ismail likely to be named finance chief: report

Prime Minister Shehbaz Sharif may name Ismail, a former finance minister, along with the rest of the cabinet within 24 hours

Updated 13 Apr, 2022 11:02pm

Inflation likely to pick up: FY22 growth rate projected to slow to 4pc YoY

ISLAMABAD: Pakistan’s GDP growth rate is projected to slow to four percent in fiscal year 2022 from 5.6 percent in...

Published 07 Apr, 2022 05:15am

Business & Finance

7th review of EFF: IMF says will enquire over programme engagement with new govt

Says will engage on policies on macroeconomic stability with new administration in Pakistan

Published 04 Apr, 2022 08:17pm

Editorials

Expenditure galore

EDITORIAL: The Pakistan Tehreek-e-Insaf (PTI) administration meticulously adhered to the politically challenging...

Published 04 Apr, 2022 05:38am

Macroeconomic stability: IMF, govt discuss new initiatives

ISLAMABAD: The International Monetary Fund (IMF) and the Pakistani authorities are further discussing existing...

Updated 01 Apr, 2022 10:03am

Pakistan

Moody's sees no-confidence motion as 'credit negative' for Pakistan

Expects current account deficit to widen to 5-6% of GDP in fiscal 2022 compared with its previous forecast of 4%

Updated 31 Mar, 2022 03:39pm

Editorials

Private sector’s prospects

EDITORIAL: It’s undoubtedly good news that private sector credit off-take has jumped to a record Rs911bn in...

Updated 31 Mar, 2022 10:24pm

Business & Finance

PM’s relief package, political uncertainty: Talks with IMF may continue to linger: Pasha

ISLAMABAD: Pakistan and International Monetary Fund (IMF) talks on seventh review under the Extended Fund Facility...

Updated 25 Mar, 2022 02:23pm

7th review under IMF’s EFF ‘Negotiations are continuing’

ISLAMABAD: Sections of the media have been speculating recently about the on-going 7th review under IMF’s Extended...

Updated 25 Mar, 2022 11:03am

Opinion

Hawkish Fed haunts SBP

Now you know why the State Bank of Pakistan (SBP) implied that the monetary policy committee (MPC) might meet before...

Published 24 Mar, 2022 05:36am

Editorials

7th review under the EFF is expected by the end of the current month

Updated 02 Mar, 2022 08:48am

Opinion

Ministerial appraisals: teething problems?

Last week, the federal government did a performance review of its ministries and ranked the top performers. One may...

Published 14 Feb, 2022 06:47am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / May 17 SME Leasing Limited(SLL)	3.10 ▲ 0.90 (40.91%)
First Pak Mod. / May 17 First Pak Modaraba(PAKMI)	2.39 ▲ 0.32 (15.46%)
Asim Textile / May 17 Asim Textile Mills Limited(ASTM)	7.19 ▲ 0.86 (13.59%)
Pak Gen.Ins. / May 17 The Pakistan General Insurance Co. Ltd.(PKGI)	9.57 ▲ 1.00 (11.67%)
Nagina Cot. / May 17 Nagina Cotton Mills Limited(NAGC)	75.26 ▲ 5.25 (7.50%)
Land Mark Spinning / May 17 Landmark Spinning Industries Limited(LMSM)	14.36 ▲ 1.00 (7.49%)
Karam Ceramics / May 17 Karam Ceramics Limited(KCL)	55.88 ▲ 3.89 (7.48%)
Shield Corp. / May 17 Shield Corporation Limited(SCL)	309.30 ▲ 21.30 (7.40%)
Pak Engineering / May 17 Pakistan Engineering Company Limited(PECO)	246.70 ▲ 16.72 (7.27%)
United Insurance / May 17 The United Insurance Company(UNIC)	7.67 ▲ 0.51 (7.12%)

Stock	Price
Reliance Ins. / May 17 Reliance Insurance Company Limited(RICL)	4.65 ▲ -0.85 (-15.45%)
Saritow Spinning / May 17 Saritow Spinning Mills Limited(SSML)	7.05 ▲ -1.00 (-12.42%)
Dandot Cement / May 17 Dandot Cement Company Limited(DNCC)	7.01 ▲ -0.74 (-9.55%)
Sitara Energy / May 17 Sitara Energy Limited(SEL)	11.00 ▲ -1.00 (-8.33%)
TPL Trakker Ltd / May 17 TPL Trakker Limited(TPLT)	11.05 ▲ -0.93 (-7.76%)
Ruby Tex. / May 17 Ruby Textile Mills Limited(RUBY)	3.60 ▲ -0.30 (-7.69%)
Otsuka Pak / May 17 Otsuka Pakistan Limited(OTSU)	247.57 ▲ -20.07 (-7.50%)
Sapphire Textile / May 17 Sapphire Textile Mills Limited(SAPT)	1010.20 ▲ -81.80 (-7.49%)
Shakarganj / May 17 Shakarganj Limited(SML)	42.45 ▲ -3.42 (-7.46%)
Bal. Wheel / May 17 Baluchistan Wheels Limited(BWHL)	68.05 ▲ -5.46 (-7.43%)

Stock	Volume
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	21,829,000 ▼ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	15,388,581 ▼ 0.00
Lotte Chemical / May 17 Lotte Chemical Pakistan Limited(LOTCHEM)	11,484,952 ▼ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	10,938,306 ▼ 0.00
Treet Corp / May 17 Treet Corporation Limited(TREET)	10,934,000 ▼ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	7,360,000 ▼ 0.00
Engro Polymer / May 17 Engro Polymer & Chemicals Limited(EPCL)	7,194,365 ▼ 0.00
Ghani Glo Hol / May 17 Ghani Global Holdings Limited(GGL)	6,527,788 ▼ 0.00
Hum Network / May 17 Hum Network Limited(HUMNL)	5,706,500 ▼ 0.00
Pak Int.Bulk / May 17 Pakistan International Bulk Terminal(PIBTL)	5,613,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	194.40
USD PKR Interbank Buying / May 17	194.20
USD to Japanese Yen / May 17	129.28
USD to Swiss Franc / May 17	1.00
Pound Sterling to USD / May 17	1.23
Euro to USD / May 17	1.04
UK LIBOR % / May 17	0.83

Stock	Volume
S&P 500 / May 17	4008.01
India Sensex / May 17	52973.84
Tokyo Nikkei / May 17	26665.16
Nasdaq / May 17	11662.79
Hang Seng / May 17	20311.23
FTSE 100 / May 17	7464.80
Dow Jones / May 17	32223.42
Germany DAX 30 / May 17	13964.38
France CAC40 / May 17	6347.77

Item	Value
Crude Oil / May 17	114.40
Karachi Cotton Assoc. / May 17	21180.00
Gold 10 Grams / May 17	111400.00
Gold Spot / May 17	1826.10
Cotton / May 17	151.40

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