Trends - FY22 - Business Recorder

FY22

2023: Disappointments & hopes

Year 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of...

Updated 30 Dec, 2022 06:45am

Business & Finance

FY22 IT refund payments plunge 40.6pc to 54.22bn YoY

ISLAMABAD: The Federal Board of Revenue (FBR) paid income tax refunds of Rs54.221 billion during 2021-22 against...

Published 04 Oct, 2022 06:48am

FY22 withholding tax collection grows 24pc to 1.53trn YoY

ISLAMABAD: The withholding tax (WHT) collection stood at Rs 1,534.4 billion during 2021-22 against Rs 1,237.3...

Updated 03 Oct, 2022 09:36am

FY22 domestic consumption of POL products: Sales tax collection declines 54.4pc to Rs107bn YoY

Major chunk of around 44 percent of sales tax domestic collection comes from ten sectors including petroleum products, electricity, sugar, cement, natural gas

Updated 03 Oct, 2022 09:59am

Business & Finance

KSE-100 cos’ FY22 PAT grows 22pc to Rs1.0trn YoY

KARACHI: The KSE-100 companies’ profit after-tax (PAT) grew by 22 percent on year-on-year basis to Rs 1.0 trillion...

Published 25 Sep, 2022 06:01am

Business & Finance

FY22 KE net profit declines YoY

KARACHI: K-Electric has posted a net profit of Rs 8.52 billion for the fiscal year 2022 against Rs 11.99 billion...

Updated 22 Sep, 2022 10:52am

FY22: Profit repatriation rises to $1.5bn

KARACHI: Foreign investors repatriated some $1.5 billion as profit and dividend on their investments in Pakistan...

Updated 29 Jul, 2022 09:18am

Markets

FY22: rice sector achieves $2.51bn export milestone

Country exports slightly over 4.88 million tons of rice despite various impediments

Updated 21 Jul, 2022 10:31am

FY22: Over $31bn record remittances received

Home remittances improved 6.1% during last fiscal year

Updated 19 Jul, 2022 10:32am

Business & Finance

APTMA links export growth to competitive energy tariffs

KARACHI: Patron in Chief All Pakistan Textile Mills Association (APTMA) Dr Gohar Ejaz in a statement has indicated...

Published 17 Jul, 2022 05:19am

Opinion

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP...

Published 15 Jul, 2022 06:20am

Business & Finance

NITL distributes dividend of over Rs4.77bn for FY22

KARACHI: The National Investment Trust Limited (NITL) has declared its annual results for its funds under management...

Published 07 Jul, 2022 07:36am

Markets

Country’s oil production down 3pc YoY

KARACHI: The oil production in Pakistan declined by 3 percent on year-on-year basis to 26.8 million barrels during...

Published 07 Jul, 2022 05:35am

Business & Finance

RDA inflows hit historic high of $4.6bn

KARACHI: Inflows of Roshan Digital Account (RDA) continued to post healthy growth, reaching historic level of $4.6...

Updated 06 Jul, 2022 10:05am

Markets

Total POL sales decline by 11pc on MoM basis

KARACHI: Total petroleum products sales in the country declined by 11 percent on month-on-month basis to 1.9 million...

Published 05 Jul, 2022 05:19am

Markets

KSE-100 Index sees largest decline after 8 quarters

KARACHI: Pakistan’s benchmark KSE-100 Index witnessed largest decline after eight quarters where index was down by...

Updated 01 Jul, 2022 11:15am

SRB collects Rs153.5bn in FY22

KARACHI: Sindh Revenue Board succeeded in its efforts in achieving yet another milestone by collecting Rs 153.5...

Published 01 Jul, 2022 06:13am

July-May period: C/A deficit crosses $15bn mark

KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this...

Updated 29 Jun, 2022 09:50am

Opinion

Textile sector: removing structural inefficiencies

The textile sector continues to steer Pakistan’s economy through difficult conditions, consistently outperforming...

Published 21 Jun, 2022 05:51am

Opinion

Economy and national security

The fragile state economy of the country is worrisome and has distressed all segments of society and pillars of ...

Published 11 Jun, 2022 06:14am

Key policy rate hiked to 13.75pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday announced increase in the...

Updated 24 May, 2022 09:51am

Tarin underscores need for ‘interim’ setup to deal with myriad economic challenges

KARACHI: Former Minister for Finance Shaukat Tarin has said that the economic performance of PTI government was much...

Updated 23 May, 2022 10:01am

Pakistan

FDI inflow soars to $170.6m in April

KARACHI: The inflow of Foreign Direct Investment (FDI) into Pakistan increased to $170.6 million in April 2022...

Published 21 May, 2022 04:34am

April CA deficit dips 39pc to $623m MoM

KARACHI: The country’s current account deficit sharply declined by 39 percent during the month of April 2022,...

Updated 20 May, 2022 11:44am

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

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	284.05
USD PKR Interbank Buying / Mar 30	283.80
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

FY22

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