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gdp

Floods could shrink Pakistan's GDP growth to 2.49% in FY23: AHL

Brokerage house's research wing says annual average CPI reading to hit 19.7% in FY23 against earlier estimate of 18.6%

Published 29 Aug, 2022 05:54pm

Expert for enforcing tax writ firmly

ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi categorically said that the government has ...

Updated 29 Aug, 2022 09:47am

Economic boost, FDI tied to political stability

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has stated that political stability and consistency in...

Updated 26 Aug, 2022 09:28am

Business & Finance

eCIB: FPCCI urges SBP to decrease reflection period in view of current economic situation

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Irfan Iqbal Sheikh has urged...

Published 25 Aug, 2022 07:14am

Opinion

Fiscal performance in 2021-22

The results of fiscal operations for 2021-22 have been released. It is a spectacle of one of the worst fiscal...

Published 24 Aug, 2022 05:08am

Editorials

A nimble MPS?

EDITORIAL: The Monetary Policy Statement (MPS) announced on 22 August 2022, as expected, kept the policy rate...

Published 24 Aug, 2022 05:08am

Opinion

Burgeoning budget deficit

The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are...

Published 23 Aug, 2022 05:56am

Business & Finance

Rising budget deficit: PIAF calls for checks on govt spending, debt servicing

LAHORE: The Pakistan Industrial and Traders Association Front (PIAF) has called for keeping check on government...

Published 22 Aug, 2022 06:33am

Markets

Philippine peso, rupiah lead losses as China data hits mood

Asian currencies slipped on Monday, with the Philippine peso and Indonesian rupiah leading losses as disappointing...

Published 15 Aug, 2022 11:24am

Business & Finance

Japan’s GDP expands in Q2 after Covid curbs lifted

TOKYO: Japan’s economy expanded in the three months to June, official data showed Monday, after the government...

Published 15 Aug, 2022 10:17am

‘Economic recovery continues despite challenges’

Healthy revenue growth, improved manufacturing and agricultural output boost growth

Updated 13 Aug, 2022 09:27am

Markets

Indonesia plans large energy subsidies for 2023

JAKARTA: Indonesia will allocate “very large” energy subsidies in 2023 to stabilise prices, even as the government...

Published 08 Aug, 2022 03:35pm

Editorials

The challenge of rising inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) data on the July Consumer Price Index (CPI) of 24.9 percent...

Published 03 Aug, 2022 05:56am

Opinion

Unsustainable BoP

The State Bank of Pakistan (SBP) has just released the numbers on the external balance of payments (BoP) position ...

Published 02 Aug, 2022 05:36am

Editorials

Economy: light at the end of the tunnel?

EDITORIAL: The federal ministry of finance has uploaded the Monthly Economic Update for July on its website which...

Published 01 Aug, 2022 06:51am

World

Cyprus tourism rebounds despite sanctions-hit Russia plunge

AYIA NAPA: Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with...

Published 31 Jul, 2022 10:15am

Business & Finance

US GDP data due with all eyes on possible recession

WASHINGTON: The United States is set to release key data on economic growth Thursday and global investors are...

Published 28 Jul, 2022 12:32pm

Pakistan

Economy has slowed down due to political instability: report

ISLAMABAD: Economy dampens due to political instability and budget lags to revive business confidence, according to...

Published 28 Jul, 2022 04:41am

Business & Finance

Mining sector likely to get status of industry

Move aimed at facilitating its development as per rules of provincial governments

Updated 27 Jul, 2022 11:54am

Editorials

‘Unwarranted’ market perceptions

EDITORIAL: Acting Governor State Bank of Pakistan, Murtaza Syed, while responding to a foreign news agency in ...

Published 26 Jul, 2022 04:31am

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

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

Updated 21 Jul, 2022 11:24am

Opinion

Boosting national economy for autarky

Prime Minister Shehbaz Sharif has rightly remarked recently “Till when we would keep on going with a begging bowl?”...

Published 20 Jul, 2022 05:48am

Opinion

Economic round-up 2021-22

The just concluded fiscal year has been tumultuous. It was both economics and politics that made it extraordinary,...

Updated 20 Jul, 2022 10:50am

Fitch, too, revises outlook to negative

Affirms Pakistan's long-term foreign-currency (LTFC) issuer default rating (IDR) at “B-”

Updated 20 Jul, 2022 09:18am

Markets

Asian shares bounce as bets of bigger Fed rate hike ease

BANGKOK: Asian currencies and equities firmed on Monday, as investors dialled back bets of a bigger interest rate...

Published 19 Jul, 2022 06:00am

Fiscal consolidation: Economic, political uncertainty to challenge the pace: Moody’s

States that credit profile of Pakistan reflects its low fiscal strength, weak institutions and governance strength

Updated 19 Jul, 2022 11:04am

Markets

Morgan Stanley trims India’s GDP forecast to 7.2%

BENGALURU: Morgan Stanley cut its forecast for India’s annual growth to 7.2% for this year, as tighter financial...

Published 18 Jul, 2022 01:07pm

Opinion

The FY23 budget and Fund approval

Pakistani administrations have become adept at presenting an annual budget to parliament with the required detailed...

Published 18 Jul, 2022 07:09am

Miftah gives a detailed account: How country saved itself from bankruptcy

Finance Minister says country expecting $4 billion from friendly countries to bridge the external financing gap

Updated 17 Jul, 2022 03:51pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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