Topic

financing

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan

Updated 23 Dec, 2024 08:53pm

The International Finance Corporation (IFC), a member of the World Bank Group, and a consortium of Pakistani banks,...

World Bank approves $1bn financing for Dasu Hydropower Project

Updated 11 Jun, 2024 07:52pm

The World Bank’s Board of Executive Directors approved $1 billion as the second round of additional financing for...

Elevate secures financing of $5m

Published 07 Jun, 2024 06:24am

KARACHI: Elevate, a fintech, based in London and Dubai, has secured financing of $5 million to expand further into...

ADB approves $659mn project financing to support Pakistan

Updated 06 Dec, 2023 10:22pm

The Asian Development Bank (ADB) has approved three projects totalling $658.8 million in Pakistan, which would allow...

Govt releases Rs10bn more for digital census

Updated 20 Mar, 2023 08:59am

ISLAMABAD: The federal government has released around Rs 10 billion for digital census in the country, bringing the...

Bridge financing for digital census: ECC asks 4 ministries to surrender Rs12bn

Updated 12 Mar, 2023 09:51am

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed four Ministries to surrender Rs 12...

HSBC embarks on KSA hiring spree

Published 06 Feb, 2023 07:46am

LONDON: HSBC is hiring dealmakers as “fast as it can” in Saudi Arabia to capitalise on a wave of financing...

NGOs denounce banks financing new oil and gas projects

Published 18 Jan, 2023 06:47am

PARIS: Despite joining industry groups committed to reaching carbon neutrality the world’s top banks are ...

IMF programme revival credit positive, but challenges remain, says Moody’s

Updated 05 Sep, 2022 09:18pm

Rating agency says ongoing floods will add to inflationary pressures in Pakistan, while imports would also rise

Pakistan to receive $2bn from Qatar: report

Updated 22 Aug, 2022 11:07pm

Acting governor of the State Bank of Pakistan Dr Murtaza Syed says Pakistan will also get $1 billion in oil financing from Saudi Arabia and a similar amount in investments from the UAE

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

Updated 14 Aug, 2022 09:43am

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

Financing of Rs74bn disbursed for renewable energy projects: SBP

Published 10 Feb, 2022 12:08am

The State Bank of Pakistan (SBP), in a bid to counter climate change and enhance renewable energy generation, has...

Import of POL products: ITFC to provide $761.5mn Murabaha financing to Pakistan

Published 04 Nov, 2021 04:22pm

The International Islamic Trade Finance Corporation (ITFC), an autonomous subsidiary within the Islamic Development...

World Bank approves $800m loan for power sector, human development programs

Published 29 Jun, 2021 01:47pm

Funds will be used to finance the Pakistan Program for Affordable and Clean Energy (PACE) and the Second Securing Human Investments to Foster Transformation

Green bond launched: Cannot advance without long-term planning, says PM

Published 31 May, 2021 01:26pm

He said that 10 dams will be constructed in Pakistan in the coming ten years.

Renewable energy: Banks extend financing of around Rs36bn

The revised scheme is expected to make access to housing finance much easier for a large number of households who currently do not own a house.

Procurement of Wheat: SBP issues instructions for banks

Published 22 Mar, 2021 01:35pm

Special efforts shall be made to ensure that the facilities availed for purposes other than wheat procurement are not utilized for financing of wheat stocks, it said.

State Bank approved financing under TERF reaches Rs374bn

Published 10 Feb, 2021 10:47am

TERF has shown significant growth over the last ten months as reflected by increase in requested amount from Rs 36.1 billion by end April 2020 to Rs 687.4 billion by Jan 28, 2021.

New kinds of loans and bonds could fill $28 billion COVID funding gap: WHO

Published 15 Dec, 2020 05:01pm

The WHO and GAVI vaccine alliance aim to provide poor and middle-income countries with diagnostic tests and vaccines through a fund known as the Access to COVID-19 Tools (ACT) Accelerator
Senior WHO adviser says financing is what stands between us and getting out of this pandemic as rapidly as possible

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BR30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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