Trends - forecast - Business Recorder

forecast

Russia raises 2023 GDP growth forecast

MOSCOW: Russia’s economy ministry revised higher on Friday its 2023 gross domestic product (GDP) forecast to 1.2%...

Published 17 Apr, 2023 06:41am

Business & Finance

Microsoft warns of forex hit, cuts forecast

NEW YORK: Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US...

Published 03 Jun, 2022 08:22am

Pakistan

Widespread rains likely in Balochistan

QUETTA: Pakistan Meteorological Department Quetta Regional Center on Sunday forecast that widespread...

Published 04 Oct, 2021 05:56am

Pakistan

Cyclone Gulab: Karachi, parts of Sindh to receive heavy rainfall

Met department says a low-pressure system is currently lying over central India which is likely to track in the northwest direction

Published 28 Sep, 2021 04:37pm

Pakistan

Karachi likely to receive heavy rain with strong winds from Monday, predicts PMD

Met Office says under the influence of the monsoon low-pressure system, the rain spell will continue till October 2

Updated 26 Sep, 2021 01:05pm

Business & Finance

ADB says Pakistan's economy to grow at 4% in FY22

Forecast is lower than what the government is targeting

Updated 22 Sep, 2021 10:29pm

Pakistan

Drizzle likely

KARACHI: The Pakistan Meteorological Department (PMD) on Sunday forecast partly cloudy weather with chances of...

Published 16 Aug, 2021 05:59am

Pakistan

Heavy rains may trigger landslides, flash floods in urban areas: Met Office

Thundershowers are expected in Punjab and Sindh from August 15 to 17
The alert warns that urban flooding is also expected in upper parts of the country

Updated 12 Aug, 2021 08:29pm

Pakistan

The Weather

KARACHI: The weather report on Tuesday (August 10, 2021) and the forecast for Wednesday (August 11, 2021)....

Published 11 Aug, 2021 04:27am

Pakistan

Rain likely today in eastern Sindh

KARACHI: Monsoon currents of a light to moderate intensity are likely to penetrate into eastern Sindh to cause rains...

Published 24 Jul, 2021 04:27am

Pakistan

Parts of Sindh receive first monsoon rain

Karachi likely to receive heavy shower today
Electricity supply disrupted in several areas. SEPCO official says staff working towards restoration
Four people have been reported injured in different rain-related incidents in the province

Updated 17 Jun, 2021 12:37pm

Pakistan

Heavy rainfall forecasted across central, eastern Pakistan

Met department issues urban flood warning in low-lying areas of Lahore, Sialkot, Gujranwala among others

Updated 09 Jun, 2021 05:06pm

Business & Finance

GDP growth forecast of 4.8pc approved for next fiscal: Umar

The minister was of the view that the approval reflects the strength of growth momentum in the economy while maintaining strong fundamentals.

Updated 28 May, 2021 08:38pm

Pakistan

Karachi to experience sizzling temperature with hot winds today

Met Office predicts the temperature in the city is likely to soar to 39 degrees centigrade
The weather will remain hot and dry in the city with winds expected to move at the rate of nine kilometers per hour

Updated 23 May, 2021 11:54am

Pakistan

Gusty winds, rain to hit Karachi again today, predicts Met Dept

The temperature in Karachi is expected to range between 38 and 40 degrees Celsius
On May 18, Karachi was hit by rain and dust storm due to the influence of the cyclone Tauktae

Published 19 May, 2021 12:12pm

Economy to experience sluggish recovery: IMF

ISLAMABAD: Pakistan’s economy, which was relatively resilient in 2020, are forecast to experience a sluggish...

Updated 12 Apr, 2021 09:14am

Pakistan

Temperature in Karachi likely to decrease after heatwave

The record for the hottest day in April in Karachi was broken on April 3 when the mercury soared to 44°Celsius
The Met Office has said that rains across the country will be less than the average during the month of April

Published 04 Apr, 2021 01:50pm

Business & Finance

Economic growth forecast raised amid robust industrial growth, says Hammad

While still modest, at around 3 percent, growth in FY21 is now projected to be higher than previously anticipated due to improved prospects for manufacturing and reflecting in part the monetary and fiscal stimulus provided during Covid, stated MPC.

Published 20 Mar, 2021 01:11pm

Pakistan

The Weather

KARACHI: The weather report on Friday (March 12, 2021) and the forecast for Saturday (March 13, 2021)....

Published 13 Mar, 2021 04:28am

Pakistan

The Weather

KARACHI: The weather report on Friday (January 29, 2021) and the forecast for Saturday (January 30, 2021)....

Published 30 Jan, 2021 03:55am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (January 26, 2021) and the forecast for Wednesday (January 27, 2021)....

Published 27 Jan, 2021 04:59am

Pakistan

Cold wave: Karachi to experience chilly weather in upcoming week: PMD

Mercury is expected to drop to six degrees while cold and dry weather along with fog is expected in multiple parts of Sindh
Dense fog engulfed motorways and the National Highway in various parts of Punjab and Sindh causing poor visibility

Published 17 Jan, 2021 12:38pm

Pakistan

The Weather

KARACHI: The weather report on Saturday (January 16, 2021) and the forecast for Sunday (January 17, 2021)....

Updated 17 Jan, 2021 09:33am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	3.73 ▲ 1.00 (36.63%)
Universal Ins. / Dec 1 The Universal Insurance Company Limited(UVIC)	6.15 ▲ 1.00 (19.42%)
LSE Propetech / Dec 1 LSE Propetech Limited(LSEPL)	3.84 ▲ 0.52 (15.66%)
Saritow Spinning / Dec 1 Saritow Spinning Mills Limited(SSML)	7.98 ▲ 1.00 (14.33%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.03 ▲ 0.86 (13.94%)
Bilal Fibres / Dec 1 Bilal Fibres Limited(BILF)	2.84 ▲ 0.31 (12.25%)
Next Capital / Dec 1 Next Capital Limited(NEXT)	6.22 ▲ 0.55 (9.70%)
Haseeb Waqas / Dec 1 Haseeb Waqas Sugar Mills Limited(HWQS)	11.38 ▲ 1.00 (9.63%)
Shaheen Ins. / Dec 1 Shaheen Insurance Company Limited(SHNI)	3.65 ▲ 0.32 (9.61%)
Sakrand Sugar / Dec 1 Sakrand Sugar Mills Limited(SKRS)	9.90 ▲ 0.85 (9.39%)

Stock	Price
Askari Life Assur. / Dec 1 Askari Life Assurance Company Limited(ALAC)	5.16 ▼ -0.79 (-13.28%)
Tri-Star Mutual / Dec 1 Tri-Star Mutual Fund Limited(TSMF)	5 ▼ -0.63 (-11.19%)
Aruj Industries / Dec 1 Aruj Industries Limited(ARUJ)	8.15 ▼ -0.87 (-9.65%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	8.35 ▼ -0.71 (-7.84%)
Siemens Pak. / Dec 1 Siemens (Pakistan) Engineering(SIEM)	717.18 ▼ -58.15 (-7.50%)
Leiner Pak Gelat / Dec 1 Leiner Pak Gelatine Limited(LPGL)	21.71 ▼ -1.46 (-6.30%)
HBL Growth Fund / Dec 1 HBL Growth Fund(HGFA)	8.06 ▼ -0.43 (-5.06%)
Clover Pakistan / Dec 1 Clover Pakistan Limited(CLOV)	24.10 ▼ -1.27 (-5.01%)
Unilever Foods / Dec 1 Unilever Pakistan Foods Limited(UPFL)	21500 ▼ -1000.00 (-4.44%)
Samba Bank / Dec 1 Samba Bank Limited(SBL)	8 ▼ -0.36 (-4.31%)

Stock	Volume
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.05
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.02
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.05
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	23,606,137 ▲ 1.11
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	20,067,000 ▲ 1.14
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	18,168,696 ▲ 1.35
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▲ 0.08
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.05
Hum Network / Dec 1 Hum Network Limited(HUMNL)	12,374,000 ▲ 0.36
Air Link Com. / Dec 1 Air Link Communication Limited(AIRLINK)	11,938,826 ▲ 3.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	148.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.26
Euro to USD / Nov 30	1.09
UK LIBOR % / Nov 30	5.46

Stock	Volume
S&P 500 / Nov 30	4567.80
India Sensex / Nov 30	66988.44
Tokyo Nikkei / Nov 30	33486.89
Nasdaq / Nov 30	14226.22
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7453.75
Dow Jones / Nov 30	35950.89
Germany DAX 30 / Nov 30	16215.43
France CAC40 / Nov 30	7310.77

Item	Value
Crude Oil USD/Barrel / Nov 30	75.50
Karachi Cotton PKR/37.32 KG / Nov 30	17435
Gold 10 Grams PKR / Nov 30	189472
Gold Spot USD/Ounce / Nov 30	2039.45
Cotton US¢/pound / Nov 30	80.06

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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