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China growth slumps on virus lockdowns, real estate woes: poll

BEIJING: China’s economic expansion slumped in the second quarter to levels not seen since early 2020, an AFP poll...

Published 13 Jul, 2022 10:41am

Opinion

An elusive IMF programme

One can say with reasonable confidence that the economic circumstances facing today have no parallel in the history...

Published 13 Jul, 2022 05:48am

Business & Finance

‘Commercial counsellor’, PCJCCI team discuss trade deficit issue

LAHORE: Ghulam Qadir, Commercial Counsellor of Pakistan designate to Beijing, China visited Pakistan-China Joint...

Published 06 Jul, 2022 07:31am

Opinion

Finance Act, 2022: Comments

General: This note contains the comments on the Finance Act, 2022 as passed by the National Assembly. These are...

Updated 02 Jul, 2022 12:33pm

Pakistan Country Economic Memorandum: Non-mobilisation of talent, resources stunts growth: World Bank

Report notes that since 2000, Pakistan’s real GDP per capita growth has been low at around 2.0 percent – almost 2.7 percentage points lower than the South Asian average

Updated 01 Jul, 2022 11:01am

Opinion

Budget 2022-23 – Amended

In our previous article (BR: 13- 6-2022) we had examined Budget 2022-23 from the point of view of the IMF...

Published 29 Jun, 2022 05:44am

Editorials

‘Very tough’ IMF conditionalities

EDITORIAL: Prime Minister Shehbaz Sharif while laying the onus of an impending bankruptcy on the policies of the PTI...

Published 29 Jun, 2022 05:44am

Supertax: Miftah asks ‘why so much consternation?’

ISLAMABAD: Finance Minister Miftah Ismail has said that the government has imposed supertax on the factories owned...

Updated 27 Jun, 2022 10:09am

FSR for CY21 unveiled: Financial system has performed well: SBP

KARACHI: Despite legacy economic challenges and uncertainties surrounding the path of pandemic, the financial sector...

Updated 22 Jun, 2022 10:03am

Markets

IMF sees Nigeria GDP growing 3.4% in 2022, inflation staying high

Nigeria’s real GDP growth is broadening to all sectors except oil but inflation remains elevated, the International...

Published 16 Jun, 2022 01:35pm

Opinion

What’s right?

Perhaps a lot. Certainly more Right than what’s wrong. Pakistan came into existence about 75 years back, which in...

Published 15 Jun, 2022 05:47am

Pakistan facing debt in ‘excess of $250bn’: UNDP

ISLAMABAD: The United Nations Development Programme (UNDP) has said that Pakistan is currently facing a challenging...

Updated 15 Jun, 2022 12:52pm

FBR unveils Tax Expenditure Report: Cost of tax exemptions ‘much higher’

ISLAMABAD: Pakistan has a tax expenditure (cost of tax exemptions) equal to 2.8 percent of the Gross Domestic ...

Updated 12 Jun, 2022 11:00am

Budget 2022-23

1.5pc dip: Education gets Rs90.556bn

ISLAMABAD: The government has earmarked Rs 90.556 billion for Education Affairs and Services in the federal budget...

Updated 11 Jun, 2022 10:19am

Survey lists factors behind mammoth trade deficit

ISLAMABAD: The government Thursday said that significant rise in import bill due to broad-based surge in global...

Updated 10 Jun, 2022 09:34am

Editorials

Survey: state of economy carefully surveyed

EDITORIAL: The Economic Survey released as usual the day before the budget speech (today) does not, as expected by...

Updated 10 Jun, 2022 06:43am

Opinion

Challenges in tobacco control in Pakistan

The international community observed The World No Tobacco Day on 31 May 2022. In the case of Pakistan, however, the...

Published 09 Jun, 2022 06:18am

Pakistan

FY23: World Bank projects economic slowdown in Pakistan, says growth will be 4%

Economy remains engulfed in various challenges, including a widening current account deficit and rise in debt payments

Updated 08 Jun, 2022 04:26pm

Business & Finance

Saudi GDP grows 9.9% in Q1, beating flash estimate

DUBAI: Saudi Arabia's gross domestic product grew 9.9% in the first quarter, more than a flash estimate last month ...

Updated 07 Jun, 2022 02:24pm

Markets

Citigroup to hire 3,000 in Asia institutional banking business in growth push

HONG KONG: Citigroup Inc plans to hire around 3,000 new staff for its institutional business in Asia in the next...

Published 07 Jun, 2022 01:39pm

PM given presentation on Rs800bn PSDP: NEC may propose 5pc growth target for FY23

ISLAMABAD: A meeting of the National Economic Council (NEC) is likely to review and approve the economic performance...

Updated 07 Jun, 2022 09:56am

Markets

Mali gold mining revenue rises 23pc in 2021

BAMAKO: State revenue from gold mining companies in Mali rose 23% year-on-year in 2021 to 564.5 billion CFA francs...

Published 07 Jun, 2022 05:47am

Moody’s changes outlook to negative

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded its outlook for Pakistan from stable to negative....

Updated 03 Jun, 2022 09:41am

Growth unlikely to exceed 3pc mark in FY23: economist

ISLAMABAD: Pakistan’s GDP growth is unlikely to cross 3 percent in the next fiscal year (2022-23) due to...

Updated 03 Jun, 2022 09:46am

Opinion

Policy rate and oil subsidy — II

Therefore, such policy increase will likely do a lot of harm to the impact of bottom-up approach by the previous...

Updated 01 Jun, 2022 09:44am

Germany agrees $107bn fund to modernise military in face of Russia threat

World

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28
France CAC40 / Apr 25	8016.65
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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