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IMF agreement

Country report: IMF expresses satisfaction over Pakistan’s SBA performance

Says all but one of 7 QPCs for end-September were met, and while ceiling on general government primary budget deficit was missed, deviation was minor and accounted for by technical factors

Published 20 Jan, 2024 08:56pm

Markets

Pakistan economy to grow by 2-2.5% this year, says Dr Shamshad

Agriculture sector expected to grow by 5.6%, says caretaker minister

Updated 20 Jan, 2024 08:00pm

Pakistan

SBP says Pakistan has received $705.6mn from IMF

Pakistan has received a tranche of $705.6 million from the International Monetary Fund (IMF), said the State Bank of...

Updated 17 Jan, 2024 07:59pm

Markets

IMF’s first review: proud moment, says Dr Shamshad Akhtar

Caretaker Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar on Friday termed the successful...

Updated 12 Jan, 2024 05:02pm

Markets

KSE-100 closes nearly flat on profit-taking

Index settles at 64,637.64, slightly up by 20.7 points or 0.03

Updated 12 Jan, 2024 06:58pm

Markets

Macroeconomic conditions ‘have generally improved, but outlook remains challenging’, says IMF

Statement comes as Executive Board completes first review of the Stand-By Arrangement for Pakistan

Updated 12 Jan, 2024 07:04pm

Pakistan

IMF Executive Board completes 1st review under SBA: finance ministry

Development allows for immediate disbursement of $700mn

Published 11 Jan, 2024 10:11pm

Markets

Pakistan’s bond rally may extend into 2024 contingent on another IMF bailout: report

Investors believe govt is expected to secure another bailout from IMF

Updated 03 Jan, 2024 09:44pm

Markets

IMF updates schedule: Executive Board to discuss Pakistan on January 11

The International Monetary Fund (IMF) included Pakistan on its Executive Board agenda on January 11, 2024, according...

Updated 01 Jan, 2024 07:53pm

Markets

‘Tale of two halves’, but a year to remember for Pakistan stocks

An absolute return of nearly 55%, a USD-based return of 24%, and new peaks was the story at the PSX
Performance made KSE-100 best performing market in second half of 2023

Published 01 Jan, 2024 11:40am

Markets

Bulls return to PSX as KSE-100 ends with 680-point gain

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed higher by over 1% on Friday as bulls dominated at...

Updated 15 Dec, 2023 10:05pm

Markets

Open market: rupee unchanged against US dollar

The Pakistani rupee was unmoved against the US dollar in the open market on Thursday, while the local currency...

Updated 14 Dec, 2023 10:32pm

Markets

Inter-bank: rupee sees 9th consecutive gain against US dollar

Currency appreciates 0.09%, settles at 283.87 against greenback

Updated 08 Dec, 2023 10:26pm

Markets

No signs of stopping: KSE-100 settles above 66k, gains over 1,500 points

Momentum comes on the back of improved economic indicators

Updated 08 Dec, 2023 10:21pm

Pakistan

IMF Executive Board to meet Jan 11 on Pakistan’s loan programme: report

The International Monetary Fund’s (IMF) executive board will meet on January 11 to consider the final approval to...

Published 08 Dec, 2023 09:07am

Pakistan

Pakistan’s future is ‘very bright’: IMF officials laud improvement in economic situation

It's one of the most important countries in the region and in the world. Pakistanis deserve much more,' says Bahador Bijani, IMF Executive Director

Updated 07 Dec, 2023 10:31pm

Markets

Another day, another high: KSE-100 gains 1.5% to close near 64,000

Experts say ongoing momentum signifies boost in investor confidence

Updated 06 Dec, 2023 10:46pm

Markets

Arif Habib Limited expects KSE-100 to hit 81,000 by December 2024

Fuelled by new-found optimism amid improved economic indicators, the Pakistan Stock Exchange’s (PSX) benchmark...

Updated 04 Dec, 2023 07:26pm

Pakistan

IMF chief praises Pakistani authorities for maintaining economic stability

IMF chief's comments come after meeting with caretaker PM on sidelines of COP28

Updated 02 Dec, 2023 11:05pm

Markets

KSE-100 gains another 919 points as index now eyes 61,000 level

Benchmark index crosses 60,000 level on Tuesday for first time in history

Updated 28 Nov, 2023 08:06pm

Markets

New high at PSX: KSE-100 crosses 58,000 level after 827-point gain

Ongoing bullish trend comes amid country’s improved economic indicators

Updated 22 Nov, 2023 10:16pm

Business & Finance

SBP keeps key policy rate unchanged at 22%

In line with the wider market consensus, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP)...

Updated 30 Oct, 2023 07:53pm

Markets

Open-market: rupee sustains losses against US dollar

The Pakistani rupee sustained losses against the US dollar in the open market on Monday, while the local currency...

Updated 30 Oct, 2023 10:50pm

Pakistan

PM Shehbaz reiterates call for national unity on Charter of Economy

Premier says the risk of default is gone due to an agreement with the IMF

Published 22 Jul, 2023 07:57pm

Business & Finance

IMF agreement: Aussie envoy hails govt’s efforts

ISLAMABAD: Australian Ambassador to Pakistan Neil Hawkins on Wednesday appreciated the government’s efforts for ...

Published 20 Jul, 2023 03:12am

Markets

Brokerage house AHL expects KSE-100 to provide upside of 24% in FY24

AHL says KSE-100 could power past 56,000 level by June 2024

Updated 15 Jul, 2023 11:52pm

Pakistan

IMF Executive Board approves $3bn Stand-By Arrangement for Pakistan

Board’s approval allows for an immediate disbursement of SDR894 million or about US$1.2 billion

Updated 12 Jul, 2023 11:57pm

Pakistan

UAE has deposited $1bn in Pakistan’s central bank: Ishaq Dar

Finance minister says SBP-held foreign exchange reserves have gotten another boost after $2bn inflow from Saudi Arabia

Updated 12 Jul, 2023 07:57pm

Pakistan

PM’s coordinator Kiyani steps up criticism of PTI

LAHORE: Prime Minister’s Coordinator for Economy and Energy Bilal Azhar Kiyani said on Sunday that PTI government...

Published 10 Jul, 2023 06:52am

Pakistan

IMF ‘seeks assurances’ from Pakistan’s political parties on commitment to new SBA

IMF official says lender's staff in process of meeting representatives from PML-N, PTI, PPP

Updated 07 Jul, 2023 05:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
FTSE 100 / May 15	8445.80
Dow Jones / May 15	39908
Germany DAX 30 / May 15	18869.36
France CAC40 / May 15	8239.99
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26

Item	Value
Gold 10 Grams PKR / May 15	209191
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

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

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

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

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IMF agreement

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