Trends - growth - Business Recorder

growth

Wall St Week Ahead: Investors jump into commodities while keeping eye on recession risk

Investors have sent $10.5 billion into commodities-focused ETFs and mutual funds since the start of the year

Updated 13 Mar, 2022 10:25pm

Business & Finance

Indian economy loses pace in Dec quarter, Ukraine clouds outlook

NEW DELHI: India's economy lost momentum in the final quarter of 2021, with growth slowing from previous two...

Published 28 Feb, 2022 08:04pm

Pakistan

Current IMF programme 'should be enough': Shaukat Tarin

Finance minister says curtailing budget deficit and tapping international markets should help sustain economic growth

Updated 03 Feb, 2022 05:11pm

Business & Finance

National Foods announces results for FY2021

KARACHI: National Foods Limited, at the group level, delivered a healthy topline and bottom-line growth of 20 ...

Published 14 Sep, 2021 03:55am

BR Research

CPI: Risky business

The CPI inflation clocked at 8.4 percent in July 21. The headline number is falling. However, the monthly recording...

Published 03 Aug, 2021 08:47am

Budget 2021-22

Pakistan targets 4.8% GDP growth in upcoming fiscal year

Finance minister unveils third budget of PTI government
CGT reduced on sale of shares
No new taxes on salaried persons in upcoming fiscal year

Updated 12 Jun, 2021 05:06am

BR Research

Growth perceptions

Why are businesses happy but consumers are not? Do businesses and consumers care about different things? Is the...

Updated 08 Jun, 2021 11:31am

Pakistan

Pak economy heads back to steady growth after pandemic: Shibli

Every penny of public money was being spent only on projects of progress and prosperity of the people, he added.

Published 29 May, 2021 06:58pm

Business & Finance

Moving towards growth mode, Pakistan to spend $6bn on development

“That’s the bare minimum we need for a country this size,” said Tarin, who will be presenting a new budget in June.

Published 10 May, 2021 12:46pm

Business & Finance

China’s exports top forecasts, imports growth best in 10 years

BEIJING: Chinese exports grew at a forecast-busting rate last month, data showed Friday, while imports surged at...

Published 08 May, 2021 03:30am

Business & Finance

Current COVID wave threatens Pakistan's economic recovery: Tarin

“The current IMF program was quite difficult and such conditions were imposed, which has a political cost as well," said Tarin.

Published 05 May, 2021 03:27pm

Perspectives

Coaching to steer clear in turbulent contexts

As aptly put by Alivn Tofler, “The illiterate of the 21st century will not be those who cannot read and write, but...

Published 02 May, 2021 09:41pm

March trade deficit widens by 118.36pc YoY: PBS

ISLAMABAD: Pakis-tan’s trade deficit widened by a massive 118.36 percent on year-on-year basis to $3.271 billion ...

Published 04 Apr, 2021 04:12am

Pakistan

FBR achieves net revenue of Rs.3394 billion in July-March, 2020-21

This represents a growth of about 10% over the collection of Rs.3076 billion during the same period of last Fiscal Year 2019-20, said a press release issued by FBR here on Wednesday.

Published 01 Apr, 2021 12:03am

Business & Finance

Pharmaceutical sector records strong gains

KARACHI: The Pharmaceutical sector recorded strong growth during CY20. Sales for the chosen sample companies...

Published 27 Mar, 2021 05:41am

World

US govt revises Q4 2020 growth up slightly to 4.3pc

The world's largest economy saw whipsaw growth last year as the Covid-19 pandemic forced businesses to close and lay off employees en masse.

Published 25 Mar, 2021 08:56pm

World

Eurozone economy returns to growth as Germany revs up

The firm's PMI index rose to 52.5 points in March from 48.8 points in February, breaking through the 50-point level which indicates growth.

Published 24 Mar, 2021 04:56pm

Jul-Jan LSMI output up 7.85pc YoY

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 7.85 percent during...

Updated 17 Mar, 2021 09:37am

Pakistan

BOK posts highest profit of Rs.3.8bn in 2020, registers growth

The chairman remarked that despite the challenges brought about by the pandemic bank’s performance for the year 2020 remained sound.

Published 03 Mar, 2021 08:19pm

Markets

South Africa's January credit growth slows to 3.26% y/y

Expansion in the broadly defined M3 measure of money supply also fell, to 9.15% in January from 9.48% the previous month.

Published 26 Feb, 2021 11:52am

Technology

Amazon to open its first Fire TV manufacturing line in India

Amazon announced today that it will be opening its first manufacturing line for Fire TV devices in India.

Published 17 Feb, 2021 02:48pm

Technology

Reddit to double its workforce after raising $250M

Reddit to grow its workforce by 100% over the course of this year after raising $250 million in a new funding round.

Updated 09 Feb, 2021 04:58pm

Markets

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 05 Feb, 2021 04:53am

Business & Finance

Double digit growth in OMCs volume sales continue

“We attribute continues uptick in HSD to government efforts in curbing HSD smuggling along with resumption of economic activities. Up till now, FBR has sealed 1556 retail outlets across the country from 2094 illegal retail outlets,” stated the report.

Published 03 Feb, 2021 12:21pm

Cement growth in Jan remains confined to local consumption

Technology

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Pakistan

Indicators show economy witnessing significant growth

LSMI witnessed growth of 7.41 percent during the first five months (July-November) of the current fiscal.

Published 18 Jan, 2021 06:58pm

Technology

Global PC Market Witnesses First Big Growth in a Decade

Personal Computers (PC) Market witnessed highest growth since 2010.
Growth in the Global PC Market accelerated with a surge in demand for PCs due to an increase in remote work and learning needs during the Pandemic.

Published 12 Jan, 2021 02:45pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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