Trends - IMF deal - Business Recorder

IMF deal

KSE-100 snaps 7-session rally as profit-taking kicks in

Selling pressure drags benchmark index below 61,000 after it hits record high during trading

Updated 29 Nov, 2023 09:35pm

Markets

KSE-100 gains 1.23%, closes near 60,000 level as buying spree continues

Benchmark index increases 725 points as cement and banks lead rally

Updated 27 Nov, 2023 10:58pm

Markets

Open-market: rupee slips slightly against US dollar

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

Updated 24 Nov, 2023 10:47pm

Markets

New high: KSE-100 crosses 59,000 as bulls maintain grip

Benchmark index has been on a gaining spree since the last week of June

Updated 24 Nov, 2023 10:33pm

Markets

Pakistan’s KSE-100 has seen a record year, but how far can the bull run?

Experts say upside still available, but dependent on several factors

Updated 23 Nov, 2023 07:34pm

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

Markets

Open-market: rupee inches up against US dollar

The Pakistani rupee saw marginal improvement against the US dollar in the open market on Friday, as the local...

Updated 17 Nov, 2023 10:39pm

Pakistan

IMF chief expects Pakistan loan review deal this week: Bloomberg TV

Remarks come as an IMF mission, led by Nathan Porter, is visiting Pakistan for the first review of the Stand-By-Arrangement

Updated 15 Nov, 2023 04:54pm

Pakistan

Dr Shamshad reaffirms Pakistan’s commitment to working closely with IMF

Statement from Finance Division comes as IMF Mission begins talks in Islamabad for review of $3 billion Stand-by-Arrangement

Published 02 Nov, 2023 09:37pm

Markets

Open-market: rupee inches upward against US dollar

The Pakistani rupee registered marginal improvement against the US dollar in the open market on Friday, while the...

Updated 27 Oct, 2023 07:42pm

Markets

Crisis-hit Sri Lanka readies for critical first IMF review

Crisis-hit Sri Lanka must convince IMF officials that it has met key goals under a $2.9 billion bailout to push...

Published 13 Sep, 2023 01:04pm

Markets

Open-market: US dollar hits 326 as rupee continues to weaken

The US dollar maintained its upward trajectory against the rupee in the open-market, and hit the 326 level during...

Updated 31 Aug, 2023 07:26pm

Markets

Open-market: USD hits 325 against rupee

Open-market prone to sharp volatility and sharp movement, says expert

Updated 30 Aug, 2023 07:02pm

Pakistan

For Pakistan’s consumers and industries, economic woes are far from over

Pakistan’s last-minute deal with the International Monetary Fund (IMF) has given Islamabad some breathing room as...

Published 18 Aug, 2023 05:56pm

Markets

Rupee stable against dollar at 294.92 in inter-bank market

Currency improves Re0.01 on Thursday

Updated 17 Aug, 2023 08:41pm

Sports

Ruthless England beat Australia to set up World Cup final with Spain

SYDNEY: Lauren Hemp and Alessia Russo did the damage late on in Sydney as England shattered Australian dreams...

Published 16 Aug, 2023 06:06pm

Pakistan

Pakistan’s caretaker finance minister Dr Shamshad Akhtar: a brief profile

Seasoned economist Dr Shamshad Akhtar has been appointed as the caretaker finance minister on Wednesday following...

Updated 16 Aug, 2023 09:35pm

Pakistan

SBP keeps key policy rate unchanged at 22%

Governor Jameel Ahmad announces Monetary Policy Committee's decision in press conference

Updated 31 Jul, 2023 06:43pm

Pakistan

China’s EXIM Bank has rolled over $2.4bn loans, says Ishaq Dar

Pakistan will only make interest payments in both years, the finance minister adds

Updated 27 Jul, 2023 03:47pm

Pakistan

Ministry of Finance expects inflation ‘to ease out’ in July

In 'Monthly Economic Update & Outlook' for July, it says recent decrease in administered prices of petrol and diesel will be transmitted into lower domestic prices of essential items

Updated 26 Jul, 2023 07:07pm

Markets

PM Shehbaz expects ‘positive results amid improved energy and agri production’

Prime Minister Shehbaz Sharif on Tuesday reiterated the country has managed to avert a ‘sovereign default’ while...

Updated 25 Jul, 2023 06:12pm

Markets

PLL, Azerbaijan’s SOCAR ink framework agreement to procure LNG cargoes

Pakistan LNG Limited (PLL) and SOCAR Trading Company, an international marketing and development arm of the State...

Updated 24 Jul, 2023 05:23pm

Markets

7th straight fall: rupee settles at 287.92 against US dollar

Currency depreciates 0.39% in inter-bank market
Cumulatively, rupee has depreciated 4% in less than two weeks

Updated 24 Jul, 2023 07:50pm

Pakistan

Tax measures in IMF’s LoI already implemented: Ishaq Dar

Finance minister reiterates stance that govt will not impose any new taxes since all measures had been taken

Updated 22 Jul, 2023 08:03pm

Markets

Dar says no plan to impose new taxes on agriculture, construction sectors

Statement comes during National Assembly session on Friday

Updated 21 Jul, 2023 06:15pm

World

IMF says Russia exit from Ukraine grain deal risks adding to global food inflation

WASHINGTON: The International Monetary Fund on Wednesday said Russia’s exit from a deal allowing Ukrainian exports...

Published 19 Jul, 2023 07:26pm

Markets

Rupee registers fourth straight loss, settles at 283.8 against US dollar

Currency depreciates 0.27% in inter-bank market

Updated 19 Jul, 2023 07:41pm

Markets

Rupee sees back-to-back losses, settles at 279.26 against US dollar

Currency depreciates 0.6% in inter-bank market

Updated 17 Jul, 2023 06:31pm

BR Research

Repatriation axed!

Dividend and profit repatriation on foreign direct invest was almost negligible in FY23 and also lowest in at least...

Published 17 Jul, 2023 07:03am

Opinion

Pakistan’s lifeline restored by IMF

Pakistan and IMF (International Monetary Fund) have reached a $3 billion Stand-By Arrangement (SBA) to help the...

Updated 16 Jul, 2023 06:37am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Dec 1 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Dec 1 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Dec 1 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Dec 1 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Dec 1 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Dec 1 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Dec 1 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Dec 1 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Dec 1 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Dec 1 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Dec 1 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Dec 1 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Dec 1 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Dec 1 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Dec 1 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Dec 1 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Dec 1 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Dec 1 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Dec 1 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Dec 1 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Dec 1 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Dec 1 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

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IMF deal

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