Trends - friendly countries - Business Recorder

friendly countries

$2.89bn borrowed from multiple financing sources in July

ISLAMABAD: The country borrowed $2.890 billion from multiple financing sources during the first month (July) of the...

Updated 22 Aug, 2023 09:12am

Jul-Mar FY23: New loan pacts worth $7.228bn signed with development partners: EAD

ISLAMABAD: A prudent external debt management strategy coupled with strong institutional arrangements is necessary...

Updated 22 Aug, 2023 09:27am

Investment task: SIFC apex body picks up the pace

PM Shehbaz Sharif chairs third meeting of the Apex Committee of Special Investment Facilitation Council to continue positive momentum to attract investment in various sectors of economy

Updated 08 Aug, 2023 09:57am

Dar informs Senate: Forex reserves rise to around $14bn

ISLAMABAD: Finance, Revenue Minister Ishaq Dar claimed in the Senate on Sunday that Pakistan’s foreign exchange...

Updated 31 Jul, 2023 08:35am

Friendly countries: SIFC approves projects for attracting investments

ISLAMABAD: The Apex Committee of the Special Investment Facilitation Council (SIFC) on Friday approved the projects...

Updated 22 Jul, 2023 09:35am

Fiscal year 2022-23: Govt borrows $10.84bn from multiple sources

Economic Affairs Division data shows that country borrowed $2.206 billion from foreign commercial banks during the fiscal year 2022-23

Updated 22 Jul, 2023 11:58am

Pakistan

Financial support from friendly countries: PM heaps praise on army chief

ISLAMABAD: Prime Minister Shehbaz Sharif has termed the $3 billion nine-month Stand-By Arrangement (SBA) with the...

Published 04 Jul, 2023 05:07am

Pakistan

Cabinet briefed about salient features of IMF deal

ISLAMABAD: The federal cabinet was briefed about the salient features of the $3 billion deal with International...

Updated 04 Jul, 2023 09:10am

Editorials

For whom the bell tolls, it tolls for thee

EDITORIAL: Some circles in the government are trying to build up a narrative that current account is coming into...

Published 22 May, 2023 06:23am

Business & Finance

Utilising friendly countries’ currencies: Govt move to import crude oil from Russia hailed

LAHORE: The President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik hails government wise decision to...

Published 01 May, 2023 03:28am

Opinion

Deep reluctance now profoundly evident

The lenders, commercial banks or bilateral lenders, while processing the loan application assess the borrower’s...

Updated 01 Apr, 2023 07:03am

Rating downgrades may have added to IMF’s concerns: Pasha

ISLAMABAD: For successful completion of the 9th review under the International Monetary Fund’s Extended Fund...

Updated 01 Apr, 2023 08:48am

UAE, Saudi Arabia: Dar says IMF seeking $3bn ‘guarantees’

Pakistan did not delay a single day in repayments, adds the finance minister

Updated 31 Mar, 2023 12:16pm

Editorials

IMF and the stalled bailout

EDITORIAL: Dr Aisha Ghous Pasha, Minister of State for Finance, became the latest in a line of senior cabinet ...

Published 31 Mar, 2023 06:45am

IMF’s ingenious approach the only hurdle to bailout

Minister of State for Finance Dr Aisha Ghaus-Pasha says the fund wants to independently verify commitments from friendly countries

Updated 30 Mar, 2023 09:27am

Pakistan’s ‘friends’: IMF wants commitments fulfilled: PM

Says he is hopeful that commitments from friendly countries will also be done

Updated 29 Mar, 2023 09:14am

Dar looks with hopeful eyes to country’s friends

Pakistan will not default and the government is making all possible efforts to steer it out of a difficult situation, he says

Updated 27 Mar, 2023 11:32am

Economic assistance: Confirmation from friendly states likely in a few days: minister

Ahsan Iqbal says Pakistan has fulfilled almost all conditions of IMF

Updated 22 Mar, 2023 09:08am

Pakistan

Bilawal says govt trying to further improve ties with friendly countries

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Sunday said that the coalition government was making efforts ...

Published 02 Jan, 2023 05:54am

Gainers
Losers
Leaders

Stock	Price
Bilal Fibres / Sep 26 Bilal Fibres Limited(BILF)	2.20 ▲ 0.19 (9.45%)
PICIC Ins.Ltd. / Sep 26 PICIC Insurance Limited(PIL)	0.80 ▲ 0.06 (8.11%)
Pak Hotels / Sep 26 Pakistan Hotels Developers Limited(PHDL)	236.54 ▲ 16.50 (7.50%)
Pak Paper Prod / Sep 26 Pakistan Paper Products Limited(PPP)	54.34 ▲ 3.79 (7.50%)
Dewan Cement / Sep 26 Dewan Cement Limited(DCL)	4.27 ▲ 0.28 (7.02%)
Agriautos Ind. / Sep 26 Agriauto Industries Limited(AGIL)	69.50 ▲ 4.47 (6.87%)
Kohinoor Mills / Sep 26 Kohinoor Mills Limited(KML)	47.53 ▲ 3.04 (6.83%)
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	6.40 ▲ 0.34 (5.61%)
Pak Tobacco / Sep 26 Pakistan Tobacco Company Limited(PAKT)	729 ▲ 37.01 (5.35%)
Hascol Petrol / Sep 26 Hascol Petroleum Limited(HASCOL)	5.04 ▲ 0.23 (4.78%)

Stock	Price
Punjab Mod / Sep 26 First Punjab Modaraba(FPJM)	1.21 ▼ -0.19 (-13.57%)
Premier Insurance / Sep 26 Premier Insurance Limited(PINL)	5.36 ▼ -0.79 (-12.85%)
First Fid. Leasing / Sep 26 First Fidelity Leasing Modaraba(FFLM)	2.80 ▼ -0.20 (-6.67%)
Burshane LPG / Sep 26 Burshane LPG (Pakistan) Limited(BPL)	14.51 ▼ -0.99 (-6.39%)
Pak Synthetics / Sep 26 Pakistan Synthetics Limited(PSYL)	25 ▼ -1.70 (-6.37%)
AKD Hospitality / Sep 26 AKD Hospitality Limited(AKDHL)	125 ▼ -6.50 (-4.94%)
Bannu Woollen / Sep 26 Bannu Woollen Mills Limited(BNWM)	19.40 ▼ -1.00 (-4.90%)
Hala Enterprise / Sep 26 Hala Enterprises Limited(HAEL)	6.70 ▼ -0.30 (-4.29%)
Agha Steel Ind. / Sep 26 Agha Steel Ind.Ltd(AGHA)	10.01 ▼ -0.44 (-4.21%)
Shezan Inter. / Sep 26 Shezan International Limited(SHEZ)	100.20 ▼ -3.79 (-3.64%)

Stock	Volume
P.I.A.C.(A) / Sep 26 Pakistan International Airlines Corp(PIAA)	29,654,500 ▲ 0.25
Pak Elektron / Sep 26 Pak Elektron Limited(PAEL)	20,636,559 ▼ -0.21
WorldCall Telecom / Sep 26 Worldcall Telecom Limited(WTL)	8,986,644 ▲ 0.01
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	8,530,265 ▲ 0.34
Unity Foods Ltd / Sep 26 Unity Foods Limited(UNITY)	5,817,127 ▼ -0.05
Nishat ChunPow / Sep 26 Nishat Chunian Power Limited(NCPL)	5,515,000 ▼ -0.24
Hascol Petrol / Sep 26 Hascol Petroleum Limited(HASCOL)	5,410,000 ▲ 0.23
Kohinoor Spining / Sep 26 Kohinoor Spinning Mills Limited(KOSM)	5,323,500 ▼ -0.03
Waves Corporation / Sep 26 Waves Corporation Limited(WAVES)	4,921,500 ▼ -0.12
Thatta Cement / Sep 26 Thatta Cement Company Limited(THCCL)	4,528,000 ▲ 0.63

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 25	291.05
USD PKR Interbank Buying / Sep 25	290.85
USD to Japanese Yen / Sep 25	148.90
USD to Swiss Franc / Sep 25	0.91
Pound Sterling to USD / Sep 25	1.22
Euro to USD / Sep 25	1.06
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 25	4337.44
India Sensex / Sep 25	66023.69
Tokyo Nikkei / Sep 25	32423.77
Nasdaq / Sep 25	13271.32
Hang Seng / Sep 25	17655.71
FTSE 100 / Sep 25	7623.99
Dow Jones / Sep 25	34006.88
Germany DAX 30 / Sep 25	15405.49
France CAC40 / Sep 25	7123.88

Item	Value
Crude Oil USD/Barrel / Sep 25	89.64
Karachi Cotton PKR/37.32 KG / Sep 25	18435
Gold 10 Grams PKR / Sep 25	184159.50
Gold Spot USD/Ounce / Sep 25	1914.53
Cotton US¢/pound / Sep 25	87.61