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IMF Program

Aurangzeb says govt plans power rate cut to boost exports: report

Finance Minister Muhammad Aurangzeb has said that the government plans to lower electricity costs as part of a...

Updated 27 Mar, 2025 11:27pm

Markets

PM urges end to Pakistan’s reliance on IMF loans

Prime minister says country has achieved economic stability

Updated 27 Mar, 2025 10:13pm

Markets

IMF agreement brings relief, but economic challenges persist, say experts

Analysts believe Pakistan must remain committed to IMF programme to ensure sustainable economic growth

Updated 26 Mar, 2025 07:58pm

Markets

PSX soars, KSE-100 surges over 1,100 points on IMF staff-level deal

Bullish momentum dominated the Pakistan Stock Exchange (PSX) as investors rejoiced over Pakistan’s successful...

Updated 26 Mar, 2025 08:03pm

Markets

IMF reaches staff-level deal with Pakistan to unlock $1.3 billion of new cash

Lender also agrees on first review of ongoing 37-month bailout programme

Updated 26 Mar, 2025 10:35pm

Pakistan

Pakistan may present budget early to secure IMF board approval, says Topline

The signing of a Staff Level Agreement (SLA) between the Pakistani authorities and the International Monetary Fund...

Updated 17 Mar, 2025 09:23pm

Markets

Pakistan nearing $4.4bn loan to ease power sector debt

KARACHI: Pakistan’s government is negotiating a 1.25 trillion Pakistani rupee ($4.47 billion) loan with commercial...

Updated 08 Mar, 2025 06:39pm

BR Research

Should the IMF give Pakistan a clean bill of health?

The KSE-100 index has surged by 1,400 points. The finance minister radiates confidence. The prime minister has...

Published 07 Mar, 2025 07:11am

Pakistan

IMF lauds Pakistan’s economic efforts, says Aurangzeb ahead of upcoming review

Finance Minister Muhammad Aurangzeb on Wednesday said the government received “very positive” feedback from the...

Updated 12 Feb, 2025 08:10pm

Markets

PM Shehbaz, IMF’s Georgieva discuss ongoing programme

Washington-based lender reiterates continued support for Pakistan’s reform agenda, read a statement

Updated 12 Feb, 2025 10:21pm

Editorials

Assessment of economy by Fitch

EDITORIAL: In its latest report, Fitch, one of the three major international rating agencies, has maintained that...

Updated 11 Feb, 2025 07:11am

Markets

Higher than market consensus: SBP reduces key policy rate by 250bps, takes it to 15%

Most analysts had expected cut of 200bps

Updated 04 Nov, 2024 09:53pm

Business & Finance

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

Process of PIA bidding concludes with just one sole bid
Ball now in PC and cabinet's court

Updated 01 Nov, 2024 09:55am

BR Research

PPL in 1QFY25

The oil and gas exploration and production sector has witnessed a weak first quarter of FY25, primarily due to...

Published 30 Oct, 2024 09:20am

Business & Finance

IMF Executive Board approves final review of SBA, allows disbursement of $1.1bn for Pakistan

The International Monetary Fund (IMF) on Monday completed its final review of Pakistan’s economic reform programme...

Updated 30 Apr, 2024 09:11am

Markets

7th straight status quo: SBP holds key interest rate at 22%

Upcoming budgetary measures may have implications for the near-term inflation outlook, Monetary Policy Committee says in press release

Updated 29 Apr, 2024 09:53pm

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

BR Research

MCB: Advances shrink, profits grow

MCB Bank Limited (MCB) posted another quarter of stellar p the pretax profits jumped 41 percent year-on-year,...

Published 26 Apr, 2024 07:30am

Markets

KSE-100 retreats after positive start, closes below 72,000

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index retreated after a positive start on Thursday, as...

Updated 25 Apr, 2024 10:36pm

Business & Finance

Ministers to discuss trade issues with KCCI: PM to announce relief package on May 1

KARACHI: Prime Minister Shehbaz Sharif, after listening to the grievances highlighted by the Karachi Chamber,...

Updated 25 Apr, 2024 09:19am

Business & Finance

Upcoming budget: Experts support stabilisation reforms

ISLAMABAD: In the context of a forthcoming IMF program and upcoming budget for FY 2024-2035, economic minds on...

Updated 25 Apr, 2024 08:54am

Markets

IMF rejection of CD, tariff strategy: MoF’s ‘half-hearted’ support cited as the reason

ISLAMABAD: The Finance Ministry’s half-hearted support may have been a reason behind the IMF rejection of the...

Published 14 Feb, 2024 09:20am

BR Research

IMF and PDM 2.0

The new government will likely be formed under a PDM set up. Chances are that without public support, economic...

Published 14 Feb, 2024 08:49am

Markets

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

BR Research

MCB: High(est) profits – low(est) ADR

MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high...

Published 12 Feb, 2024 08:58am

Opinion

Lack of economics behind politics

The marriage between politics and economics is well established globally though in Pakistan political parties’...

Published 12 Feb, 2024 06:26am

Pakistan

Negotiating new IMF deal, controlling inflation: Dr Reza Baqir highlights challenges for new govt

Remarks come as Pakistanis vote to elect future govt on Thursday

Updated 08 Feb, 2024 11:23pm

Pakistan

Bloomberg survey says jailed ex-PM Imran Khan favoured most to run Pakistan’s economy

Twelve respondents, not named in the survey, were asked to rate four politicians from 1 to 5 on question of who is best to manage Pakistan's economy with 5 being the most positive

Updated 31 Jan, 2024 10:37pm

Markets

Foreign investors sold $35mn at PSX in January: report

Heavy selling was witnessed at the Pakistan Stock Exchange (PSX) by foreign portfolio investors which sold $35...

Updated 31 Jan, 2024 05:56pm

World

IMF says global ‘soft landing’ in sight, raises 2024 economic growth outlook

WASHINGTON: The International Monetary Fund (IMF) on Tuesday edged its forecast for global economic growth higher,...

Updated 30 Jan, 2024 10:46pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.30 ▲ 0.7 (26.92%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.88 ▲ 0.37 (24.5%)
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	2.95 ▲ 0.58 (24.47%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.95 ▲ 0.96 (24.06%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
Cres.Star Ins. / May 12 Crescent Star Insurance Limited(CSIL)	2.70 ▲ 0.44 (19.47%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.25 ▲ 0.83 (18.78%)
Chenab Ltd / May 12 Chenab Limited(CHBL)	5.92 ▲ 0.91 (18.16%)
Ghani Chemworld / May 12 Ghani Chemworld Limited(GCWL)	6.85 ▲ 1 (17.09%)

Stock	Price
First AL-Noor Mod. / May 12 First Al-Noor Modaraba(FANM)	2.60 ▼ -0.4 (-13.33%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	101 ▼ -11.19 (-9.97%)
Suraj Cotton / May 12 Suraj Cotton Mills Limited(SURC)	112 ▼ -11.14 (-9.05%)
F.Credit & Inv / May 12 First Credit and Investment Bank Limited(FCIBL)	7.02 ▼ -0.69 (-8.95%)
National Silk / May 12 The National Silk & Rayon Mills Limited(NSRM)	38.55 ▼ -3.5 (-8.32%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	41.40 ▼ -3.47 (-7.73%)
First Elite Cap.Mod / May 12 First Elite Capital Modaraba(FECM)	17.21 ▼ -1.23 (-6.67%)
Sindh Modaraba / May 12 Sindh Modaraba(SINDM)	10.70 ▼ -0.61 (-5.39%)
Idrees Tex. / May 12 Idrees Textile Mills Limited(IDRT)	16.15 ▼ -0.91 (-5.33%)
The Thal Ind.Corp. / May 12 The Thal Industries Corporation Limited(TICL)	305 ▼ -16.01 (-4.99%)

Stock	Volume
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	58,464,051 ▲ 0.91
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	57,425,048 ▲ 0.47
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	52,079,673 ▲ 0.16
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	31,206,066 ▲ 1
Power Cement / May 12 Power Cement Limited(POWER)	26,339,565 ▲ 1.03
B.O.Punjab / May 12 The Bank of Punjab(BOP)	23,987,997 ▲ 0.92
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	19,347,424 ▲ 0.96
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	16,340,076 ▲ 10.24
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	12,626,036 ▲ 1
Pak Elektron / May 12 Pak Elektron Limited(PAEL)	11,650,277 ▲ 4.02

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