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gdp

NA adopts FRDL (Amend) Bill: Limit on govt guarantee stock raised to 10pc of GDP

ISLAMABAD: The National Assembly, Friday passed “The Fiscal Responsibility and Debt Limitation (Amendment) Bill,...

Published 21 May, 2022 04:34am

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

Editorials

The way forward

EDITORIAL: The senior leadership of the eleven parties’ coalition met under the chairmanship of Prime Minister...

Published 19 May, 2022 05:29am

FY22 budget deficit likely to stand at 9pc of GDP — highest-ever in country’s history

ISLAMABAD: Former finance minister Dr Abdul Hafiz Pasha has projected Pakistan’s budget deficit for the fiscal ...

Updated 18 May, 2022 10:25am

Business & Finance

FPCCI says economic conditions have never been worse

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh has said that...

Published 16 May, 2022 05:42am

World Bank projects slowdown in remittances

ISLAMABAD: The World Bank has projected a slowdown in remittances to Pakistan and estimated it to grow at eight...

Updated 13 May, 2022 10:14am

Business & Finance

UK economic growth slows in first quarter

LONDON: Britain’s economy grew at a slower pace in the first quarter compared with the final three months of last...

Published 12 May, 2022 01:07pm

Pakistan

Public debt stands at Rs41.466trn, NA told

ISLAMABAD: The National Assembly was informed on Monday that the total public debt stands at Rs41.466 trillion –...

Published 10 May, 2022 05:10am

Consultations begin ahead of resumption of IMF talks

ISLAMABAD: Finance Ministry and Power Division are said to have started internal consultations to devise strategy...

Updated 10 May, 2022 10:11am

Markets

Energy crisis: Utilisation of indigenous resources can be a game changer: experts

LAHORE: Emphasising the need for investing in renewable energy and hydel resources, energy experts believed that...

Published 08 May, 2022 07:06am

Business & Finance

FPCCI urges govt to declare ‘economic emergency’

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to...

Published 07 May, 2022 05:46am

Business & Finance

Saudi Arabia's economy estimated to grow 9.6% in Q1, driven by oil

Saudi Arabia's economy grew by 9.6% in the first quarter of 2022, compared to a year earlier, according to flash...

Published 01 May, 2022 07:54pm

Opinion

Tentative start

The new government has undoubtedly inherited a turbulent economy. The woes are not due only to political ...

Updated 29 Apr, 2022 01:41pm

IMF asks govt to bring C/A deficit under control

DUBAI: The International Monetary Fund has urged Pakistan to bring its current account deficit under control, an...

Updated 28 Apr, 2022 11:07am

IMF projects decrease in gross debt

ISLAMABAD: The International Monetary Fund (IMF) has projected a decrease in the government gross debt for Pakistan...

Updated 21 Apr, 2022 10:02am

Govt may increase fiscal deficit to Rs5,600bn to discredit PTI: Tarin

ISLAMABAD: Leader of Pakistan Tehreek-e-Insaf (PTI) and former finance minister Shaukat Tarin on Wednesday said the...

Updated 21 Apr, 2022 10:44am

Business & Finance

Cannot bear burden of subsidy on petroleum prices, says Miftah ahead of IMF meeting

Finance minister confident of programme revival, will travel to Washington later in the day

Updated 20 Apr, 2022 08:27pm

Business & Finance

KCCI highlights problems faced by SMEs, proposes budget measures

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has highlighted problems faced by the small and medium...

Published 19 Apr, 2022 05:32am

Opinion

More and more bad news

Pakistan finds itself increasingly in a quagmire. The economy was hit severely first after March 2020 by the...

Published 05 Apr, 2022 05:38am

PESCO: Proposal to recruit prayer leaders to check power theft

ISLAMABAD: Centre for Economic Research in Pakistan (CERP) and International Growth Centre (IGC) have proposed to ...

Updated 30 Mar, 2022 10:13am

Editorials

A practical outlook on economy?

EDITORIAL: The government constantly cites the 7.6 percent growth in large-scale manufacturing (LSM) July-January...

Published 30 Mar, 2022 06:08am

MoF’s monthly outlook: Domestic, world scenarios may ‘ramify economic recovery’

ISLAMABAD: The federal government is apprehensive that domestic and international changing scenario may have...

Updated 29 Mar, 2022 10:07am

Opinion

Implications of the GDP rebasing

The Governing Council of the Pakistan Bureau of Statistics has approved the new GDP estimates, following the ...

Published 22 Mar, 2022 05:21am

Editorials

Better late than never

EDITORIAL: Finally, the rebasing of GDP (Gross Domestic Product) and trade indices has been approved by Pakistan...

Published 18 Mar, 2022 05:20am

SBP argues why higher growth imperative

KARACHI: Pakistan’s economy maintained the growth momentum in the first quarter of current fiscal year (FY22) as...

Updated 18 Mar, 2022 10:14am

Editorials

Populism: Exchequer is not a cookie jar

EDITORIAL: The virtue of giving has infinite dimensions and Pakistan, in general and its economic capital, Karachi,...

Updated 16 Mar, 2022 06:24am

ST rate will be rationalized in ‘due course’: FBR chief

LAHORE: Chairman Federal Board of Revenue (FBR) Dr Muhammad Ashfaq has said that at present, tax-to-GDP ratio is...

Updated 14 Mar, 2022 09:45am

Business & Finance

China sets lowest GDP target in decades over 'grave' outlook

BEIJING: China set its lowest annual GDP target in decades Saturday, as Premier Li Keqiang warned of a "grave and...

Published 05 Mar, 2022 10:04am

Pakistan

PML-N terms PM’s speech ‘last-ditch attempt’

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) secretary information Marriyum Aurangzeb on Monday dubbed Prime...

Published 01 Mar, 2022 05:34am

Business & Finance

Geopolitical tensions present ‘considerable’ risk factor: MoF

ISLAMABAD: With the fiscal deficit of Rs1,372 billion 2.1 percent of GDP during the first halve of the current ...

Published 01 Mar, 2022 05:34am

Gainers
Losers
Leaders

Stock	Price
First Pak Mod. / May 21 First Pak Modaraba(PAKMI)	3.30 ▲ 0.90 (37.50%)
B. F. Mod. / May 21 B.F. Modaraba(BFMOD)	7.00 ▲ 1.00 (16.67%)
Paramount Mod / May 21 First Paramount Modaraba(FPRM)	8.99 ▲ 0.99 (12.38%)
S.G.Power / May 21 S.G. Power Limited(SGPL)	4.99 ▲ 0.47 (10.40%)
Pak Gen.Ins. / May 21 The Pakistan General Insurance Co. Ltd.(PKGI)	10.99 ▲ 0.91 (9.03%)
Flying Cement / May 21 Flying Cement Company Limited(FLYNG)	8.10 ▲ 0.64 (8.58%)
Pak Engineering / May 21 Pakistan Engineering Company Limited(PECO)	279.50 ▲ 19.50 (7.50%)
Sapphire Fib. / May 21 Sapphire Fibres Limited(SFL)	1099.72 ▲ 76.72 (7.50%)
Dadex Eternit / May 21 Dadex Eternit Limited(DADX)	73.09 ▲ 5.09 (7.49%)
Maqbool Tex. / May 21 Maqbool Textile Mills Limited(MQTM)	64.12 ▲ 4.47 (7.49%)

Stock	Price
Ask.Gen.Insur. / May 21 Askari General Insurance Company Limited(AGIC)	18.06 ▲ -2.73 (-13.13%)
Oilboy Energy / May 21 Oilboy Energy Limited(OBOY)	10.35 ▲ -1.39 (-11.84%)
Sakrand Sugar / May 21 Sakrand Sugar Mills Limited(SKRS)	8.25 ▲ -0.79 (-8.74%)
Punjab Mod / May 21 First Punjab Modaraba(FPJM)	1.64 ▲ -0.15 (-8.38%)
Service Textile / May 21 Service Industries Textiles Limited(SERT)	10.00 ▲ -0.90 (-8.26%)
TPL Insurance / May 21 TPL Insurance Limited(TPLI)	30.63 ▲ -2.48 (-7.49%)
AL-Noor Sugar / May 21 Al-Noor Sugar Mills Limited(ALNRS)	57.50 ▲ -4.36 (-7.05%)
Shield Corp. / May 21 Shield Corporation Limited(SCL)	235.50 ▲ -16.50 (-6.55%)
Dynea Pakistan / May 21 Dynea Pakistan Limited(DYNO)	150.13 ▲ -9.87 (-6.17%)
Bal. Wheel / May 21 Baluchistan Wheels Limited(BWHL)	73.85 ▲ -4.78 (-6.08%)

Stock	Volume
K-Electric Ltd. / May 21 K-Electric Limited(KEL)	18,994,000 ▼ 0.00
Silk Bank Ltd / May 21 Silkbank Limited(SILK)	16,885,500 ▼ 0.00
Pak Elektron / May 21 Pak Elektron Limited(PAEL)	16,358,000 ▼ 0.00
Pak Refinery / May 21 Pakistan Refinery Limited(PRL)	12,930,788 ▼ 0.00
WorldCall Telecom / May 21 Worldcall Telecom Limited(WTL)	12,253,500 ▼ 0.00
Waves Singer / May 21 Waves Singer Pakistan Limited(WAVES)	6,934,500 ▼ 0.00
Fauji Foods Ltd / May 21 Fauji Foods Limited(FFL)	6,538,000 ▼ 0.00
Cnergyico PK / May 21 Cnergyico PK Limited(CNERGY)	5,919,271 ▼ 0.00
Fauji Cement / May 21 Fauji Cement Company Limited(FCCL)	5,880,500 ▼ 0.00
Ghani Glo Hol / May 21 Ghani Global Holdings Limited(GGL)	5,477,638 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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