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gdp

November CPI likely to decline marginally

ISLAMABAD: Pakistan’s November CPI is expected to decline marginally and may remain in the range of 23 percent to...

Updated 30 Nov, 2022 12:50pm

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Editorials

Winter of discontent has arrived

EDITORIAL: Reportedly, the much-needed and important 9th review of the ongoing IMF (International Monetary Fund)...

Published 21 Nov, 2022 06:31am

Business & Finance

NA informed: $5.66bn foreign loan, aid received

ISLAMABAD: The National Assembly was informed on Friday that the total amount of foreign loans and aid received by...

Updated 19 Nov, 2022 10:15am

Q1 FY23: External debt, liabilities dip over $3bn

KARACHI: Pakistan’s external debt and liabilities fell over $3 billion during the first quarter (Jul-Sep) of this...

Updated 17 Nov, 2022 09:18am

FBR chairman tells NA body: ‘So far, no mini-budget is under consideration’

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad, Monday, said that so far the FBR is not considering...

Updated 16 Nov, 2022 10:16am

IMF urges G20 leaders to ‘allow trade to do its job’

NUSA DUA, (Indonesia): International Monetary Fund Managing Director Kristalina Georgieva warned G20 leaders on...

Updated 16 Nov, 2022 10:18am

Staff-level mission date not finalised: IMF wants required adjustments

Political situation is also one of the factors behind delay in fielding a staff-level mission by the IMF

Updated 16 Nov, 2022 11:17am

Opinion

Unrealistic budget of 2022-23

The budget of 2022-23 has been framed with agreement of the IMF (International Monetary Fund) as part of the ongoing...

Published 15 Nov, 2022 05:52am

Business & Finance

Broadening tax base: Two directorates made functional: FBR

FBR clarifies that the present policy of FBR and the Federal Government is also based on a direct tax-dominated system

Updated 13 Nov, 2022 09:43am

Opinion

Economic developments and business confidence

We have a mixed bag of economic developments. The foreign trade data for October shows encouraging signs. The ...

Published 11 Nov, 2022 05:54am

9th IMF review: Framework yet to be finalized

IMF and Finance Division have yet to agree on starting date for negotiations

Updated 11 Nov, 2022 09:27am

Technology

For higher yield, sustainability: Agri experts for adopting precision agriculture, AI technologies

ISLAMABAD: Agriculture experts have stressed the need for adopting precision agriculture and Artificial Intelligence...

Published 09 Nov, 2022 03:41am

Opinion

EU to propose more flexible spending rules

The European Commission will propose reforms to EU fiscal rules on Wednesday, hoping to strike a new balance between...

Updated 08 Nov, 2022 06:19am

Opinion

The forthcoming IMF review

The 9th review of the IMF (International Monetary Fund) Programme is due shortly. It will represent an appraisal by...

Published 08 Nov, 2022 05:56am

Agri package, concessional electricity: IMF irked by govt steps

Discussions on Ninth Review scheduled to start soon

Updated 07 Nov, 2022 10:24am

Business & Finance

Q1 fiscal deficit soars to 1pc of GDP from 0.7pc of GDP YoY

ISLAMABAD: The government has closed the first quarter of the current fiscal year with one percent of GDP fiscal...

Published 06 Nov, 2022 03:44am

Markets

Japan economy set to slow sharply as global inflation, recession risks hurt

TOKYO: Japan’s economy is expected to have slowed markedly in the third quarter as global recession risks hurt...

Published 04 Nov, 2022 11:29am

Power sector: Circular debt touching Rs2.6trn mark

ISLAMABAD: The country’s power sector’s circular debt is reportedly touching Rs 2.6 trillion mark at present against...

Updated 03 Nov, 2022 09:54am

Business & Finance

MENA, Central Asia economies show resilience but global headwinds loom: IMF

DUBAI: Economic activity in the Middle East and Central Asia was resilient with recovery continuing in 2022 but the...

Published 31 Oct, 2022 12:07pm

Opinion

Debt rescheduling challenge

The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing...

Published 31 Oct, 2022 06:23am

Markets

Asian currencies mixed in thin trading, Chinese yuan falls most

Asian currencies were mixed against a choppy US dollar in thin trading on Monday, with the Chinese yuan remaining...

Published 24 Oct, 2022 11:39am

Business & Finance

China Q3 GDP growth tops forecasts but meaningful rebound elusive

BEIJING: China’s economy rebounded at a faster-than-anticipated clip in the third quarter, but a more robust revival...

Updated 24 Oct, 2022 11:20am

Business & Finance

Japan’s stimulus plan must exceed $100bn, says ruling party executive

TOKYO: Japan’s promised economic stimulus must be big enough to exceed the economy’s output gap of about 15 trillion...

Published 23 Oct, 2022 11:56am

Fitch cuts long-term forex IDR to ‘CCC+’

ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to...

Updated 22 Oct, 2022 09:46am

Markets

Gasoline crack flips to discount, naphtha recoups some losses

NEW DELHI: Asia’s refining margin for gasoline flipped to a discount on Tuesday, amid weak fuel demand outlook ...

Published 19 Oct, 2022 05:54am

Business & Finance

Japan won’t rule out corporate, income tax hikes to fund military spending

TOKYO: Japan has not ruled out raising corporate and household income taxes to fund a planned increase to its...

Published 17 Oct, 2022 12:06pm

Opinion

Pakistan’s pension system

The cost of Pakistan’s public sector pensions is borne entirely by the government and has witnessed a significant...

Published 17 Oct, 2022 05:57am

IMF censures ‘untargeted’ subsidy schemes

Says Fund will be fielding a mission in November

Updated 15 Oct, 2022 09:52am

IMF projects decline in govt gross debt

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

Updated 13 Oct, 2022 10:21am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / Jun 7 HBL Investment Fund(HIFA)	1.60 ▲ 0.20 (14.29%)
Reliance Ins. / Jun 7 Reliance Insurance Company Limited(RICL)	8.27 ▲ 1.00 (13.76%)
Pak Gulf Leasing / Jun 7 Pak-Gulf Leasing Company Limited(PGLC)	7.39 ▲ 0.89 (13.69%)
HBL Growth Fund / Jun 7 HBL Growth Fund(HGFA)	4.15 ▲ 0.40 (10.67%)
Bilal Fibres / Jun 7 Bilal Fibres Limited(BILF)	2.44 ▲ 0.20 (8.93%)
Ist.Capital Sec / Jun 7 First Capital Securities Corporation(FCSC)	1 ▲ 0.08 (8.70%)
Dandot Cement / Jun 7 Dandot Cement Company Limited(DNCC)	9.39 ▲ 0.75 (8.68%)
P.I.A.C.(A) / Jun 7 Pakistan International Airlines Corp(PIAA)	3.73 ▲ 0.27 (7.80%)
Ahmad Hassan / Jun 7 Ahmad Hassan Textile Mills Limited(AHTM)	51.60 ▲ 3.60 (7.50%)
Ghani Value Glas / Jun 7 Ghani Value Glass Limited(GVGL)	65.39 ▲ 4.56 (7.50%)

Stock	Price
Sec. Inv. Bank / Jun 7 Security Investment Bank Limited(SIBL)	3.05 ▼ -0.94 (-23.56%)
Tri-Star Mutual / Jun 7 Tri-Star Mutual Fund Limited(TSMF)	3 ▼ -0.60 (-16.67%)
SME Leasing Ltd / Jun 7 SME Leasing Limited(SLL)	1.73 ▼ -0.26 (-13.07%)
Bank of Khyber / Jun 7 The Bank of Khyber(BOK)	11.75 ▼ -1.00 (-7.84%)
Ellcot Spinning / Jun 7 Ellcot Spinning Mills Limited(ELSM)	105.43 ▼ -8.55 (-7.50%)
Crescent Cotton / Jun 7 Crescent Cotton Mills Limited(CCM)	32.38 ▼ -2.62 (-7.49%)
Reliance Weaving / Jun 7 Reliance Weaving Mills Limited(REWM)	84.18 ▼ -6.82 (-7.49%)
Ashfaq Textile / Jun 7 Ashfaq Textile Mills Limited(ASHT)	7.06 ▼ -0.55 (-7.23%)
Pakistan Cables / Jun 7 Pakistan Cables Limited(PCAL)	92.82 ▼ -7.12 (-7.12%)
Gillette Pak / Jun 7 Gillette Pakistan Limited(GLPL)	110 ▼ -7.90 (-6.70%)

Stock	Volume
WorldCall Telecom / Jun 7 Worldcall Telecom Limited(WTL)	24,434,530 ▲ 0.00
Pak Refinery / Jun 7 Pakistan Refinery Limited(PRL)	20,516,561 ▲ 0.81
Cnergyico PK / Jun 7 Cnergyico PK Limited(CNERGY)	15,490,079 ▲ 0.16
Pak Petroleum / Jun 7 Pakistan Petroleum Limited(PPL)	10,780,480 ▼ -0.50
Pak Elektron / Jun 7 Pak Elektron Limited(PAEL)	9,829,910 ▲ 0.43
Sui North Gas / Jun 7 Sui Northern Gas Pipelines Limited(SNGP)	9,750,118 ▼ -0.70
Oil & Gas Dev. / Jun 7 Oil & Gas Development Company Limited(OGDC)	8,971,203 ▼ -0.25
Mod. Al-Mali (R) / Jun 7 Modaraba Al-Mali R(MODAMR1)	7,359,500 ▲ 0.00
Maple Leaf Cement / Jun 7 Maple Leaf Cement Factory Limited(MLCF)	7,232,895 ▲ 0.01
P.S.O. / Jun 7 Pakistan State Oil Company Limited(PSO)	6,844,695 ▲ 5.72

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	286.57
USD PKR Interbank Buying / Jun 6	286.37
USD to Japanese Yen / Jun 6	139.49
USD to Swiss Franc / Jun 6	0.90
Pound Sterling to USD / Jun 6	1.24
Euro to USD / Jun 6	1.07
UK LIBOR % / Jun 5	5.07

Stock	Volume
S&P 500 / Jun 5	4273.79
Nasdaq / Jun 5	13229.43
Dow Jones / Jun 5	33562.86
India Sensex / Jun 6	62638.57
Tokyo Nikkei / Jun 6	32470.90
Hang Seng / Jun 6	19189.58
FTSE 100 / Jun 6	7591.19
Germany DAX 30 / Jun 6	15958.06
France CAC40 / Jun 6	7199.34

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	20235
Gold 10 Grams PKR / Jun 5	197531
Crude Oil USD/Barrel / Jun 6	71.71
Gold Spot USD/Ounce / Jun 6	1958.23
Cotton US¢/pound / Jun 6	81.97

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