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US dollar up slightly after GDP data

NEW YORK: The US dollar edged higher on Thursday after data showed the world’s largest economy grew at a faster...

Published 26 Jan, 2024 04:58am

Opinion

Not investing in future!

The International Monetary Fund’s (IMF’s) board has disbursed around $700 million as second tranche under a $3...

Published 23 Jan, 2024 05:14am

Cabinet to discuss FBR revamp plan today

KARACHI: In the cabinet meeting to be held Tuesday (Jan 23), proposals that envisage restructuring and reforms of...

Updated 23 Jan, 2024 09:09am

World

Dubai’s GDP grew by 3.3% in first nine months of 2023

RIYADH: Dubai’s gross domestic product grew 3.3% between January and September 2023, according to data released by...

Published 21 Jan, 2024 05:15pm

External financing needs: IMF lowers projection to 7.1pc of GDP

ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing...

Updated 21 Jan, 2024 09:35am

PIDE webinar: Economist talks of GDP decline during BJP rule

ISLAMABAD: GDP growth in India in Manmohan Singh government during 2004 to 2013 was as high as 7.8 percent but it...

Updated 19 Jan, 2024 09:39am

Business & Finance

Israel’s budget deficit to rise to 6.6%/GDP in 2024 due to Hamas war

OCCUPIED JERUSALEM: Israel’s budget deficit ceiling is expected to rise to 6.6% of gross domestic product in 2024...

Published 14 Jan, 2024 05:27pm

Opinion

An anatomy of economic clichés/mantras of 2023—II

It would not be out of place to state that a smaller group of economists in the community in these forums also...

Published 14 Jan, 2024 03:13am

Business & Finance

Global economy ‘resilient’ but growing too slowly: IMF

WASHINGTON: Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, the...

Published 13 Jan, 2024 05:38am

Opinion

An anatomy of economic clichés/mantras of 2023—I

Last three months of 2023 have witnessed an avalanche of economic annual meetings, conferences, economic fest and...

Published 12 Jan, 2024 03:06am

Opinion

Hopium – II

Energy pricing fortnightly (fuel, LPG and LNG), monthly (power) and 6 monthly (gas) needs an approach that smoothens...

Published 10 Jan, 2024 05:22am

Business & Finance

Boost investment to avert ‘decade of wasted opportunity’: World Bank

WASHINGTON: The global economy is on track for a woeful decade of growth unless policymakers can boost investment ...

Published 10 Jan, 2024 05:22am

Opinion

Concerns of the World Bank

An article titled “Economic Turnaround Moment?” has recently been published in the newspaper, Dawn. It has been...

Published 09 Jan, 2024 04:18am

Business & Finance

Vital role of agriculture in economy highlighted

LAHORE: Iftikhar Ali Sahoo, Chairman Planning and Development (P&D) Board, highlighted that agriculture...

Published 09 Jan, 2024 04:18am

Opinion

Pakistan’s energy use: high inefficiency and distorted consumption

Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy...

Published 08 Jan, 2024 05:23am

Editorials

Broadening tax net: will FBR win big?

EDITORIAL: For years, FBR (Federal Board of Revenue) has tried and failed to expand the tax base, leading to an...

Updated 05 Jan, 2024 12:02pm

Opinion

Bullish and bearish norms on PSX

When the bulls took over the PSX in the last week of June 2023, few expected their run to continue unbroken for six...

Published 04 Jan, 2024 05:41am

PM says govt-private cooperation a must for economic growth

LAHORE: Terming the strong interaction between the business community and the government vital for the country’s...

Updated 02 Jan, 2024 10:45am

Business & Finance

Higher markup payments challenge persists: MoF

ISLAMABAD: The challenge of higher markup payments persists, so stated the Finance Ministry while emphasizing both...

Published 28 Dec, 2023 04:52am

Business & Finance

A think tank for amending laws to improve agri sector

LAHORE: The Agriculture Republic, a think-tank that brainstorms agricultural issues and suggests remedies, says the...

Published 26 Dec, 2023 04:30am

Opinion

Energy use in region: comparisons odious

Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy...

Published 25 Dec, 2023 05:42am

Opinion

Non-disclosures & underperformance

Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to...

Published 22 Dec, 2023 05:22am

Business & Finance

‘Pakistan can achieve higher GDP growth by adopting technology’

ISLAMABAD: “Pakistan can achieve higher GDP growth and improve economic indicators, by adopting technology at...

Published 22 Dec, 2023 05:22am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Editorials

LSM floundering

EDITORIAL: Large-scale manufacturing (LSM) growth declined by 4.08 percent in October compared to October 2022 and 2...

Published 20 Dec, 2023 06:00am

Editorials

A further decline in remittances

EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7...

Published 19 Dec, 2023 05:20am

Opinion

Why emphasis on export-led growth becomes imperative

In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects...

Published 18 Dec, 2023 06:42am

Business & Finance

Over 5m SMEs receive mere 7pc of private sector credit

LAHORE: Despite the significant importance, over 5 million SMEs has been facing a huge credit gap, receiving only 7%...

Published 18 Dec, 2023 06:42am

Business & Finance

Philippine central bank sees narrower 2024 current account deficit

MANILA: The Philippines’ current account deficit is expected to narrow to $9.5 billion, or 2.0% of gross domestic...

Published 15 Dec, 2023 10:53am

Business & Finance

Key policy rate kept unchanged at 22pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate...

Published 13 Dec, 2023 05:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
Dow Jones / Apr 17	37735.31
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03
Hang Seng / Apr 18	16452.30
FTSE 100 / Apr 18	7883.62
Germany DAX 30 / Apr 18	17795.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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