Trends - global commodity prices

global commodity prices

Inflation: is the worst over?

The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the...

Updated 03 May, 2024 09:55am

Opinion

SOEs: performance & accountability

The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned...

Published 26 Apr, 2024 04:15am

Markets

Gold rates in Pakistan decline another Rs2,600 per tola

Price of 24-carat bar settles at Rs209,400 per tola

Updated 11 Sep, 2023 09:19pm

Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks

ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to...

Updated 01 Sep, 2023 09:11am

Opinion

Restoring investor confidence key challenge

Taming the inflation monster is turning out to be a challenge at a time when many analysts were expecting the...

Published 31 Jul, 2023 06:43am

SBP to leave 21pc policy rate unchanged amid high inflation

KARACHI: Central bank is widely expected to keep its key interest rate unchanged at 21% on Monday after aggressive...

Updated 09 Jun, 2023 09:01am

Opinion

India’s rising home prices, rentals a new inflation threat

Rising home prices and rentals in large Indian cities could pose a new challenge to the country’s central bank in...

Published 18 Jan, 2023 06:22am

‘Economic recovery continues despite challenges’

Healthy revenue growth, improved manufacturing and agricultural output boost growth

Updated 13 Aug, 2022 09:27am

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

Business & Finance

Indonesia trade surplus beats forecast after palm oil exports resumption

JAKARTA: Indonesia booked a larger-than-expected trade surplus of $5.09 billion in June, as palm oil exports surged...

Published 15 Jul, 2022 09:40am

Business & Finance

Turkey’s trade deficit surges 184pc in June

ISTANBUL: Turkey’s trade deficit jumped 184.3% year-on-year in June to $8.16 billion, the Trade Ministry said on...

Published 03 Jul, 2022 05:39am

Opinion

Challenges beyond IMF

There is a widespread perception that the revival of the stalled IMF programme will help Pakistan move out of its...

Published 25 Jun, 2022 04:42am

Business & Finance

Stability largely depends on emerging macroeconomic dynamics: SBP

KARACHI: The State Bank of Pakistan (SBP) Tuesday said that the financial stability largely depends on emerging...

Updated 22 Jun, 2022 10:06am

Budget 2022-23

Budget an attempt to appease IMF, say analysts

KARACHI: The Budget FY23 is an attempt to satisfy IMF on key matters relating to revenue collection, subsidy...

Updated 11 Jun, 2022 10:11am

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

Pakistan

Involvement of private sector a must to achieve SDGs: Aisha

ISLAMABAD: Minister of State for Finance, Dr Aisha Ghaus Pasha Friday emphasized the involvement of the private...

Published 14 May, 2022 04:05am

Opinion

No road to stability?

The political drama is reaching its climax. Multiple scenarios are possible; but perhaps none leads to a stable ...

Published 21 Mar, 2022 06:39am

Markets

PSX remains under pressure

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on March 11, 2022 due to...

Published 14 Mar, 2022 06:00am

Opinion

Steps aimed at taming inflation

That rising inflation has become a global challenge is a fact that has found its best expression from the Bank of...

Published 05 Feb, 2022 05:47am

Editorials

The spectre of rising inflation

EDITORIAL: There is no respite on the inflation front. The headline number at 13 percent in January 2022 is the...

Published 04 Feb, 2022 04:43am

Pakistan

IPR ‘factsheet’ Global commodity price hike may dampen economic activity

ISLAMABAD: Although macroeconomic indicators of six months indicate that average economic growth for this period of...

Published 03 Feb, 2022 04:02am

Rising global commodity prices cause quite a stir

Federal Minister for Finance and Revenue Shaukat Tarin presides over a meeting of macroeconomic advisory group

Updated 28 Jan, 2022 09:17am

Business & Finance

Forex reserves fall sharply in three weeks

KARACHI: The country’s foreign exchange reserves fell sharply over $1.5 billion in the first three weeks of ...

Published 28 Jan, 2022 04:44am

H1FY22 C/A deficit widens to over $9bn

KARACHI: The country’s current account continued to deteriorate and posted over $9 billion deficit during the ...

Updated 23 Jan, 2022 10:16am

Opinion

SBP governor’s growing optimism

That State Bank of Pakistan (SBP) governor Dr Reza Baqir is optimistic about country’s economic prospects is a...

Published 14 Jan, 2022 06:50am

Pakistan can ride out rising external account pressures: Baqir

ISLAMABAD: Central bank chief Dr Reza Baqir believes the country has the capacity and financial cushion to ride out...

Published 12 Jan, 2022 04:25am

Inflation won’t subside anytime soon

Ministry of Finance in its monthly economic outlook for December 2021 says there is inflationary pressure due to low base effects and surge in global commodity prices

Updated 28 Dec, 2021 09:18am

Business & Finance

‘Mini-budget’ to unleash another wave of inflation: PBF

KARACHI: Vice President of Pakistan Businesses Forum (PBF) Ahmad Jawad has said that after new taxes in the proposed...

Published 21 Dec, 2021 04:14am

Markets

PKR continues to depreciate against $

KARACHI: The rupee continued to depreciate against the US dollar last week, although the fall was less dramatic than...

Published 20 Dec, 2021 06:29am

Opinion

Some pertinent questions

The Asian Development Bank (ADB) has forecast higher inflation projection for Pakistan, while saying that ...

Published 16 Dec, 2021 04:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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