Trends - GDP growth - Business Recorder

GDP growth

GDP growth – real or a mirage?

The estimated GDP growth at 3.94 percent for FY21 has surprised many. There is no reason to not believe that perhaps...

Updated 03 Jun, 2021 09:53am

Pakistan

Remarkable GDP growth rate dazes opposition: Farrukh

He was of the view that the Sindh government should stop getting credit for the projects launched by donor organizations including World Bank and Asian Development Bank.

Published 23 May, 2021 07:07pm

Pakistan

Govt to provide special relief to salaried class in budget: Sheikh Rasheed

He said that despite the epidemic and unfavorable international economic conditions, the 4 percent GDP growth rate was a testament to the extraordinary performance of Prime Minister and his economic team.

Published 23 May, 2021 06:59pm

Business & Finance

UK economy picks up speed on lockdown exit

LONDON: Britain’s economic recovery is picking up speed in the second quarter as it gradually exits coronavirus...

Updated 23 May, 2021 10:36am

Credit profile reflects ‘baa2’ economic strength: Moody’s

ISLAMABAD: The credit profile of Pakistan (issuer rating B3) reflects the country's "baa2" economic strength, which...

Published 22 May, 2021 04:05am

Economy on course to grow nearly 4pc: Umar

ISLAMABAD: Government said on Friday that its economy is on course to grow 3.94 percent in the current financial ...

Published 22 May, 2021 04:05am

Business & Finance

3.94pc of GDP growth estimated during current fiscal year

ISLAMABAD: The National Accounts Committee has estimated 3.94 percent of Gross Domestic Product (GDP) during current...

Updated 22 May, 2021 02:12pm

BR Research

Development spending

Contrary to the federal government’s hopes of priming the economic pump in FY21 through increased development...

Published 20 May, 2021 07:25am

Business & Finance

Japan’s economy slumps back into decline

TOKYO: Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new Covid-19...

Updated 20 May, 2021 09:21am

Opinion

State of provincial finances

The four provincial governments combined play an important role in the public finances of the country. They account...

Published 18 May, 2021 05:05am

BR Research

9MFY21 scorecard: tricky waters ahead?

The consolidated fiscal deficit stood at Rs1.65 trillion (3.6% of GDP) in 9MFY21 as compared to Rs1.69 (3.8% of GDP)...

Updated 17 May, 2021 10:17am

World

EU predicts big economic turnaround as vaccinations ramp up

BRUSSELS: The EU on Wednesday sharply revised its growth forecasts for this year and next, saying an accelerated...

Published 13 May, 2021 03:10am

Markets

FTSE 100 climbs on strong earnings, GDP

LONDON: London’s FTSE 100 rebounded on Wednesday, supported by positive earnings updates from companies including...

Published 13 May, 2021 03:10am

Sri Lanka gets $500m South Korean loan

COLOMBO: Sri Lanka said Monday it had secured a $500 million loan from South Korea, a month after a similar loan ...

Published 11 May, 2021 04:39am

Opinion

Energy puzzle

The macroeconomic focus is clearly transitioning to growth. To make it sustainable, the energy sector puzzle needs ...

Updated 09 May, 2021 10:47am

Business & Finance

Positive growth in LSM lauded: ‘Need to achieve 7pc economic growth to reduce debt, create jobs’

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman Mian Anjum...

Updated 09 May, 2021 10:30am

Editorials

Can a weak economy afford nine holidays?

EDITORIAL: The federal government has notified five working days Eid holidays - Monday 10 May 2021 to Friday 14 May...

Published 07 May, 2021 04:35am

Business & Finance

US trade deficit jumps to record high

WASHINGTON: The US trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in...

Published 05 May, 2021 04:01am

Higher growth now govt’s main objective: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin said on Monday that a policy has been prepared to shift from stabilisation...

Published 04 May, 2021 04:26am

Business & Finance

Fiscal stimulus powers US economic growth in Q1

WASHINGTON: US economic growth accelerated in the first quarter as the government gave money to mostly lower-income...

Updated 30 Apr, 2021 10:31am

Pakistan

Whopping $33bn foreign loans taken by PTI govt: Sherry

ISLAMABAD: Pakistan People’s Party (PPP) parliamentary leader in the Senate, Senator Sherry Rehman has said that...

Updated 27 Apr, 2021 10:10am

BR Research

Current account: will the march continue?

Another month of current account (almost) in balance. Based on PBS trade data, market had expected a deficit of over...

Published 26 Apr, 2021 07:25am

World

Air pollution costs Indian businesses $95bn a year

PARIS: Toxic air that chokes Indian cities and kills hundreds of thousands of people also carries a grim economic...

Updated 26 Apr, 2021 10:15am

Opinion

PTI’s second innings: overcast conditions?

Prime minister Imran Khan has started the second innings of his 5-year term with a new zest. A clear message has ...

Published 25 Apr, 2021 03:13am

Pakistan

PTI govt lays foundation to build national economy, says Umar

ISLAMABAD: Federal Minister for Planning and Development Asad Umar has said that the foundation to build the ...

Published 24 Apr, 2021 03:21am

Opinion

Tarin: A plateful of issues to resolve

Prime Minister Imran Khan has welcomed the induction of newly-appointed finance minister Shaukat Tarin into the...

Published 24 Apr, 2021 03:21am

Editorials

PTI and poverty reduction

EDITORIAL: The prime minister has come to the correct conclusion, perhaps a little late in the day, that the success...

Published 24 Apr, 2021 03:21am

Business & Finance

'GDP growth critical to deal with unemployment, other issues'

KARACHI: There is dire need to think why Pakistan's economy is not doing well and understand a wide range of...

Updated 20 Apr, 2021 10:02am

Tarin, PM take stock of economy

ISLAMABAD: The new Minister for Finance and Revenue, Shaukat Tarin, is said to have met with Prime Minister Imran...

Published 19 Apr, 2021 03:21am

Markets

China stocks down

SHANGHAI: China stocks ended lower on Thursday, as worries about policy tightening mounted a day ahead of China’s...

Published 16 Apr, 2021 03:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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