Trends - Exports - Business Recorder

Exports

IT exports: Practical steps should be taken on priority basis: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that practical steps should be taken on priority basis to...

Published 22 May, 2024 05:54am

Pakistan

Pakistan’s current account posts surplus of $491mn in April 2024

Overall, during 10 months of ongoing fiscal year, current account balance stands at deficit of $202mn

Updated 17 May, 2024 07:43pm

Business & Finance

Jul-Apr textile group exports down 0.19pc to $13.683bn YoY

ISLAMABAD: The country’s textile group exports declined by around 0.19 per cent during the first 10 months...

Published 17 May, 2024 05:50am

BR Research

Currency outlook

The IMF’s latest country report has a special focus on external account assessment within its emphasis on the...

Published 15 May, 2024 08:52am

Opinion

Time to act: 9 cents/kWh

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Updated 15 May, 2024 06:28am

Business & Finance

Trade, exports: Jam reiterates his commitment to facilitation & diversification policy

KARACHI: Federal Commerce Minister, Jam Kamal Khan, reiterating the government’s commitment to policy of...

Published 14 May, 2024 05:18am

Business & Finance

China’s exports and imports return to growth, signalling demand recovery

BEIJING: China’s exports and imports returned to growth in April after contracting in the previous month, customs...

Published 13 May, 2024 06:08am

Business & Finance

Jul-Apr trade deficit shrinks 17.09pc to $19.514bn YoY

ISLAMABAD: Pakistan’s trade deficit narrowed down by 17.09 percent in the first 10 months (July-April) of the...

Published 03 May, 2024 06:29am

Country’s economic conditions show improvement: PM

ISLAMABAD: Pakistan’s economic indicators are showing positive signs, with an agenda of painful reforms and...

Updated 27 Apr, 2024 08:06pm

PBC floats 5-year ‘exports charter and imports substitution plan’

ISLAMABAD: The Pakistan Business Council (PBC) has proposed a five-year exports charter and import substitution plan...

Updated 26 Apr, 2024 01:05pm

Business & Finance

IT industry to support MoITT in achieving $3.5bn export target

ISLAMABAD: The information technology (IT) industry will fully support the initiatives of the Ministry of IT and...

Published 24 Apr, 2024 03:50am

Business & Finance

Export purposes: Manufacturing of 10-stick cigarette packs may result in local market sales: activists

ISLAMABAD: The health activists on Tuesday apprehended that any move to allow manufacturing of 10-stick cigarette...

Published 24 Apr, 2024 03:50am

Business & Finance

KP govt decides to set up a gem processing, export centre

PESHAWAR: The government of Khyber Pakhtunkhwa has decided to develop gemstone sector as formal export sector and ...

Published 22 Apr, 2024 04:39am

Markets

Russia widens grain export curbs, halts some Aston ships

MOSCOW: Russian authorities have halted grain exports on some ships belonging to Aston, one of the biggest local...

Published 04 Apr, 2024 04:56am

Business & Finance

UBG concerned at trade deficit widening with regional counterparts

KARACHI: United Business Group (UBG) leaders Zubair Tufail, President, Khalid Tawab, Regional chairman and Hanif...

Published 04 Apr, 2024 04:56am

PM seeks plan to boost exports

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the MoC to prepare an action plan to double domestic exports...

Updated 03 Apr, 2024 08:51am

Business & Finance

PSMA seeks permission to export ‘expensively produced’ sugar

ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has approached the Commerce Ministry to seek permission for...

Updated 03 Apr, 2024 08:50am

Jul-Mar trade deficit shrinks 24.94pc to $17.03bn YoY

Country’s exports increases by eight percent

Updated 02 Apr, 2024 09:51am

Pakistan

Pakistan’s trade deficit shrinks 25% to $17.03bn in 9MFY24

However, trade deficit in March alone higher on yearly and monthly basis

Updated 01 Apr, 2024 10:10pm

Business & Finance

TMA concerned at diversion of captive power generation gas to grid

KARACHI: The Senior Vice Chairman Syed Usman Ali along with the prominent exporters of the Towel Manufacturers...

Published 01 Apr, 2024 05:34am

Pakistan

PM Shehbaz says macroeconomic stability, growth priority of govt

Prime Minister Shehbaz Sharif on Tuesday said his government’s top priority is to ensure macroeconomic stability and...

Updated 26 Mar, 2024 06:32pm

Business & Finance

Need for trade diplomacy through targeted outreach stressed

ISLAMABAD: Renowned industrialist Atif Iqbal has stressed that Pakistan needs to employ trade diplomacy on a ...

Published 26 Mar, 2024 04:20am

Livestock, sugar, other commodities: Ban on export proposed by Jam

ISLAMABAD: Minister for Commerce, Jam Kamal has proposed imposition of complete ban on export of livestock, sugar,...

Updated 23 Mar, 2024 10:11am

Pakistan

Pakistan’s current account posts surplus of $128mn in February 2024

Overall balance stands at deficit of $1bn during 8MFY24 against $3.85bn in same period of FY23

Updated 19 Mar, 2024 09:56pm

Business & Finance

TDAP facilitates visit of Chinese delegation to Pakistan

KARACHI: The Trade Development Authority of Pakistan (TDAP) is proud to announce the successful facilitation of the...

Published 19 Mar, 2024 04:53am

Business & Finance

Singapore’s Feb exports down 0.1% y/y, below forecast

SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year...

Published 18 Mar, 2024 10:49am

Opinion

Getting prices right in Pakistan: Shock therapy, ‘dual-track’ price system, and input-output model

Lack of allocative and productive expenditure efficiency has led to under-utilization of revenue and aid, which in...

Updated 15 Mar, 2024 11:53am

Business & Finance

‘Apparel exporters positioning itself for robust export growth’

WASHINGTON DC: “Pakistan's apparel sector is undergoing profound transformation and is positioning itself for...

Published 13 Mar, 2024 06:32am

Editorials

SOS from APTMA

EDITORIAL: All Pakistan Textile Mills Association (APTMA) has raised a very loud, very serious red flag, warning the...

Published 11 Mar, 2024 04:45am

Pakistan

Ban on export of banana, onion slapped

ISLAMABAD: The government has reportedly slapped a ban on the export of bananas and onions till April 15, 2024,...

Published 09 Mar, 2024 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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