Trends - FY22 - Business Recorder

FY22

NAC approves FY22 5.97pc provisional growth rate

ISLAMABAD: The National Accounts Committee (NAC) has approved 5.97 percent estimated provisional Gross Domestic...

Updated 19 May, 2022 09:43am

Business & Finance

FY22: Jul-Apr cement despatches fall 8.22pc to 44.3m tons

LAHORE: Cement despatches (both domestic and exports) during the first 10 months of current financial year 2021-22...

Published 10 May, 2022 06:20am

Addition of over Rs500bn to power circular debt: WB holds previous govt, Nepra responsible

According to World Bank, power sector has long been a drag on the economy, providing unreliable service and contributing to large fiscal deficits

Updated 06 May, 2022 12:57pm

Business & Finance

First 9 months of FY22: Exports to Italy reach all-time high of $805m

ISLAMABAD: Pakistan has posted a trade surplus of $372 million during the first nine months (July- March) of FY...

Published 29 Apr, 2022 05:43am

March C/A deficit increases 98pc to $1.028bn MoM

KARACHI: Pakistan’s current account deficit has increased to $1.028 billion in the month of March 2022 as compared...

Published 24 Apr, 2022 05:36am

Business & Finance

Jul-Mar FDI declines 2pc to $1.285bn YoY

KARACHI: Foreign Direct Investment (FDI) witnessed negative growth and declined by two percent during the first nine...

Published 20 Apr, 2022 05:12am

Remittances: $2.8bn record inflows received in March

KARACHI: Inflows of workers’ remittances maintained unprecedented growth surging to $ 23 billion in the first nine...

Published 15 Apr, 2022 05:29am

Business & Finance

KPRA likely to collect Rs30bn in remaining period of FY22

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has collected revenue to the tune of Rs.21 billion during last...

Published 28 Mar, 2022 07:13am

Feb C/A deficit dips 78pc MoM

KARACHI: The country’s current account (C/A) deficit sharply declined by 78 percent during February 2022 compared...

Updated 20 Mar, 2022 08:59am

Workers’ remittances cross $20bn mark

KARACHI: Inflows of home remittances crossed $ 20 billion mark in the first eight months of this fiscal year ...

Published 11 Mar, 2022 05:12am

Jul-Jan FDI posts 11pc growth YoY

KARACHI: Foreign Direct Investment (FDI) posted 11 percent growth during the first seven months of this fiscal year...

Updated 18 Feb, 2022 09:29am

Business & Finance

Forex reserves fall sharply in three weeks

KARACHI: The country’s foreign exchange reserves fell sharply over $1.5 billion in the first three weeks of ...

Published 28 Jan, 2022 04:44am

SBP maintains rate at 9.75pc on fiscal tightening

KARACHI: As per expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has maintained...

Updated 25 Jan, 2022 09:27am

H1FY22 FDI jumps 20pc to $1.06bn YoY

KARACHI: Foreign Direct Investment (FDI) into Pakistan rose by 20 percent during the first half of this fiscal year...

Updated 19 Jan, 2022 09:28am

Govt debt hits historic high of Rs40.9trn

KARACHI: The federal government’s total debt stocks rose to a historic level of Rs 40.9 trillion by the end of...

Updated 06 Jan, 2022 09:34am

Foreign investors: Jul-Nov profit repatriation drops 16.5pc YoY

KARACHI: Repatriation of profit and dividend by foreign investors fell by 16.5 percent during the first five months...

Updated 30 Dec, 2021 10:02am

Opinion

Increased agriculture lending

That the State Bank of Pakistan has been playing a highly meaningful role under the leadership of Dr Reza Baqir is a...

Published 22 Dec, 2021 06:13am

Rise in advance tax on cell phone users under consideration

KARACHI: The federal government is considering increasing the advance tax on telecom users to earn more revenue....

Updated 21 Dec, 2021 09:52am

Jul-Nov remittances post 10pc growth YoY

KARACHI: Inflows of home remittances posted a 10 percent growth during the first five months of this fiscal year,...

Updated 14 Dec, 2021 10:06am

Opinion

The MPS surprise

State Bank of Pakistan (SBP) has made a surprise and aggressive move by increasing the policy rate by 150bps (basis...

Published 21 Nov, 2021 04:19am

4MFY22 YoY: Current account posts $5bn deficit on higher import bill

On a month-on-months basis, deficit widened to $1.66 billion in October 2021 compared to $1.13 billion in September 2021

Updated 20 Nov, 2021 10:17am

Opinion

PKR: managing common currency area

The rupee slide in recent weeks suggests that the traditional arguments of elevated current account deficits, ...

Updated 10 Nov, 2021 09:54am

Markets

Federal govt’s debt stocks touch new high of Rs39.77trn

KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 1 trillion during the...

Updated 06 Oct, 2021 07:35pm

Pakistan

Healthcare sector allocated Rs21.7bn from FY22 PSDP

ISLAMABAD: In the current fiscal year's Public Sector Development Programme (PSDP) 2021-2022, a sum of Rs21.7 ...

Published 22 Sep, 2021 03:48am

Pakistan

Upcoming policy: There will be incentives for refineries: experts

KARACHI: The government is planning to table a new refinery policy after a gap of almost 23 years to provide...

Updated 10 Sep, 2021 05:04pm

Current account posts $773m deficit in July

Import payments for goods increased significantly by 51 percent to $5.396 billion in July 2021

Updated 21 Aug, 2021 11:02am

July FDI plunges 31pc YoY, clocks in at $90 million

KARACHI: Pakistan fetched Foreign Direct Investment (FDI) amounting to $90 million in the first month of this fiscal...

Updated 18 Aug, 2021 11:29am

Business & Finance

Encouraged by 'positive developments', SBP keeps interest rate unchanged at 7%

Growth projected to rise from 3.9 percent in FY21 to 4-5 percent this year, says central bank in monetary policy statement
Economic recovery will be accompanied by external stability, adds SBP

Updated 27 Jul, 2021 08:11pm

Opinion

SBP’s economic outlook

Going forward, in FY22, the economic momentum that became evident during FY21 is expected to strengthen further. The...

Published 17 Jul, 2021 04:21am

SBP foresees surge in current account deficit, inflation

Major downside risk to overall growth outlook for FY22 is the ongoing third and potentially additional waves of Covid-19
While remaining bounded, the current account deficit is expected to rise, mainly due to a further widening in the trade deficit

Updated 17 Jul, 2021 10:35am

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 20 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 20 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 20 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 20 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 20 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 20 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 20 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 20 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 20 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 20 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 20 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 20 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 20 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 20 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 20 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 20 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 20 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 20 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 20 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 20 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 20 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

FY22

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