Topic

FY23

Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost

Updated 17 May, 2024 09:44am

The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget

Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs

Published 17 May, 2024 05:50am

ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has...

Time to act: 9 cents/kWh

Updated 15 May, 2024 06:28am

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Profit, dividend: Jul-Mar repatriation jumps 256pc to $830.5m YoY

Published 01 May, 2024 04:14am

KARACHI: The repatriation of profit and dividend by foreign investors rose significantly by 256 percent during the...

C/A posts 3rd highest monthly surplus in March

Published 23 Apr, 2024 03:41am

KARACHI: The country’s external account is performing well, posting the third highest monthly current account...

Debt sustainability: Elevated gross financing needs constitute high risk: IMF

Published 21 Jan, 2024 03:10am

ISLAMABAD: The International Monetary Fund (IMF) has said that elevated gross financing needs continue to pose high...

NBFC sector sees 35.9% asset growth in FY23: SECP

Published 06 Dec, 2023 10:05pm

The collective asset base of the Non-Banking Finance Companies (NBFC) sector stood at Rs2.87 trillion as of June 20,...

Pakistan as an export hub

Published 15 Jul, 2023 06:08am

EDITORIAL: Planning Minister Ahsan Iqbal’s claim that the government was striving to turn Pakistan into an export...

FY23 remittances fall 13.6pc to $27bn YoY

Published 11 Jul, 2023 06:08am

KARACHI: Workers’ remittances declined by 13.6 percent to $27 billion in the fiscal year FY23 as compared to...

Jul-May period: C/A deficit narrows by 81pc on lower import bill

Updated 20 Jun, 2023 09:00am

KARACHI: The country’s current account deficit fell sharply, ie, 81 percent during the first 11 months of the...

FY23: Uncovering drivers of economic performance

Published 30 May, 2023 03:37am

The National Account numbers for FY2023 have been published and, unfortunately, they paint a truly dismal picture of...

FY23 Q1 budget deficit rises 43pc to Rs809bn YoY

Updated 25 Dec, 2022 03:54pm

Budget deficit was 438 billion rupees in the same period of the last financial year

Analysts optimistic about prospects of Pakistan-Russia oil deal

Published 07 Dec, 2022 05:54am

KARACHI: Pakistan may save around $1.0 billion annually or 6.0 percent of the total energy bill of $18 billion...

CAD: welcome decline

Published 24 Nov, 2022 04:28am

EDITORIAL: Pakistan’s current account deficit (CAD) has fallen sharply by 47 percent during the first four months...

Lower imports: Jul-Oct CAD plummets 47pc YoY

Published 22 Nov, 2022 03:23am

KARACHI: The country’s current account deficit fell sharply by 47 percent during the first four months of this...

Jul 1-Sept 2 govt borrowing rises 21pc to Rs58bn YoY

Updated 17 Sep, 2022 09:57am

KARACHI: The borrowing for budgetary support rose by 21 percent during a little over first two months of this fiscal...

Aug remittances post 8pc growth MoM

Published 14 Sep, 2022 04:45am

KARACHI: Inflows of workers’ remittances posted 8 percent growth during August 2022, the State Bank of Pakistan...

SBP sets Rs1.8trn agri credit target for FY23

Updated 27 Aug, 2022 09:47am

KARACHI: The State Bank of Pakistan (SBP) has assigned annual agriculture credit disbursement target of Rs 1,800...

July remittances down 8pc YoY

Published 17 Aug, 2022 06:07am

KARACHI: Inflows of workers’ remittances fell by 8 percent during the first month of this fiscal year (FY23), the...

FY23 CAD will likely present a pleasant prospect

Updated 09 Aug, 2022 09:24am

Experts expect it to clock in at $8.7 billion or 2.3% of GDP

India’s Punjab & Sind bank chief declares war against bad loans

Published 03 Aug, 2022 04:55am

MUMBAI: The focus for India’s Punjab & Sind Bank is to reduce its bad loans and improve recoveries to ensure...

Weighed mainly by global commodity prices: SBP sees FY23 most challenging for economy

Updated 21 Jul, 2022 11:24am

Official says Pakistan’s import bill and political instability are main reasons for depreciation of the rupee

Bond, money markets rally as yields fall 30-70bps

Updated 16 Jul, 2022 12:37pm

Analyst says yields have started falling since Pakistan reached accord with IMF

Inflation may remain on the higher side: SBP

Income tax threshold increased to Rs1.2m a year

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

FY23

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