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investments

Chinese Group intends to invest $2bn in telecom sector

ISLAMABAD: The Sunwalk Group intended to invest $ 2 billion in the telecom sector for the deployment of an optical...

Published 15 Mar, 2023 07:02am

Business & Finance

Minister stresses need for consensus on economic revival

LAHORE: Emphasising the need for stability, unity and focus for an economic turnaround, Federal Minister for...

Published 12 Mar, 2023 05:55am

Business & Finance

S4Digital announces latest acquisition in Bramerz

LAHORE: S4Digital, a Portuguese technology and services company, has announced its latest acquisition with a major...

Published 10 Mar, 2023 03:46am

Editorials

Soaring debt

EDITORIAL: The government’s total debt stock rose to 55 trillion rupees by end January 2023 as per data released ...

Published 09 Mar, 2023 06:23am

Business & Finance

RDA inflows surge to $5.811bn

KARACHI: Inflows under Roshan Digital Accounts (RDA) maintained an upward momentum, rising to $5.8 billion since its...

Published 09 Mar, 2023 06:23am

World

India, Australia aim to boost economic, defence ties at first summit of PMs

NEW DELHI/SYDNEY: Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen...

Published 08 Mar, 2023 03:14pm

Business & Finance

British PM’s trade envoy visits PBIT, meets minister

LAHORE: Member of British Parliament and British Prime Minister’s Trade envoy Mark Eastwood visited the Punjab...

Published 08 Mar, 2023 06:20am

Business & Finance

Canada economy stalls in 2022 fourth quarter

OTTAWA: Canada’s economy stalled at the end of 2022 with zero growth, the government statistical agency said...

Published 06 Mar, 2023 07:36am

Economic and investment sectors: PM, Qatari ruler discuss furthering cooperation

DOHA: Prime Minister Muhammad Shehbaz Sharif and Amir of Qatar Sheikh Tamim bin Hamad Al Thani on Sunday discussed a...

Updated 06 Mar, 2023 08:44am

QIA CEO discusses investment proposals with PM

ISLAMABAD: The CEO of Qatar Investment Authority (QIA), Mansoor Ebrahim Al-Mahmoud, called on Prime Minister Shehbaz...

Updated 06 Mar, 2023 08:45am

TIFA moot agrees to ensure progress on all issues: govt

ISLAMABAD: Commerce Minister Syed Naveed Qamar said that the meeting of the Pakistan-US Trade and Investment...

Updated 06 Mar, 2023 08:42am

Business & Finance

Need stressed for investments in agri sector

KARACHI: An Agriculture Investment Symposium was held to bring together key stakeholders, including investors,...

Published 05 Mar, 2023 03:36am

Technology

CCP, PTA ink MoU on collaboration in ICT

ISLAMABAD: The Competition Commission of Pakistan (CCP) and Pakistan Telecommunication Authority (PTA) Friday signed...

Published 04 Mar, 2023 06:52am

Business & Finance

Analyst calls for developing SME sector for sustainable future

LAHORE: Renowned political economist Dr Shahid Javed Burki on Thursday emphasized upon enhancing ratio of domestic...

Published 03 Mar, 2023 07:26am

Sukuks, investments in INPCs: Govt decides to re-pledge approved assets

Federal government is authorized to borrow under Article 166 of Constitution, says Finance Division

Updated 02 Mar, 2023 09:23am

Business & Finance

Britain says global accounting rule is crimping its economy

LONDON: A central plank of global accounting rules has become a “performance penalty” which holds back ...

Published 27 Feb, 2023 06:17am

Business & Finance

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Published 25 Feb, 2023 06:23am

US Senators meet PM, discuss trade, investment

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday highlighting the significance of long-standing cooperation...

Updated 24 Feb, 2023 08:50am

Business & Finance

Finance minister, US envoy agree to deepen trade ties

ISLAMABAD: Donald Blome, Ambassador of the United States to Pakistan called on Federal Minister for Finance and...

Published 23 Feb, 2023 05:52am

Pakistan seeks breakthrough in high-level US trade talks

WASHINGTON: Pakistan is looking for breakthroughs in agriculture and information technology during the first...

Updated 23 Feb, 2023 09:16am

Business & Finance

Jul-Jan FDI dips 44pc

KARACHI: Foreign Direct Investment (FDI) in Pakistan constricted by 44 percent during the first seven months of this...

Published 21 Feb, 2023 05:57am

Pakistan

FDI surges 102% YoY to $222.6mn in January

Cumulative figure for 7MFY23, however, is 44% lower year-on-year

Updated 20 Feb, 2023 07:26pm

Pakistan

Afghan situation hampering Pak ties with Central Asian states: minister

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar has said Pakistan’s focus is on investment,...

Published 17 Feb, 2023 07:18am

Pakistan to welcome investment from UAE: Dar

ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar said on Monday that Pakistan would welcome...

Updated 17 Feb, 2023 08:46am

Business & Finance

Future Summit ends with hope for a better tomorrow

KARACHI: The 6th Edition of The Future Summit, hosted by Nutshell Group, successfully concluded on Thursday with...

Published 17 Feb, 2023 06:00am

Markets

KE to invest Rs484bn in Transmission & Distribution FY 2024-2030

KARACHI: K-Electric has filed its investment plan FY 2024-2030 for Transmission and Distribution segments. The...

Published 14 Feb, 2023 07:14am

Business & Finance

Newly licensed digital banks promise greater financial inclusion

KARACHI: The digital banks recently licensed by the State Bank of Pakistan to operate in the country have promised...

Published 09 Feb, 2023 07:10am

Opinion

The wrong state of affairs

It wouldn’t be wrong to say that the issues with the Pakistan’s economy are deep rooted, while controllers of ...

Published 09 Feb, 2023 06:41am

Opinion

The scourge of ‘ON’

Where other countries have graduated their automobile industry from assembling to manufacturing, and progressively...

Published 08 Feb, 2023 07:01am

Business & Finance

Islamic NPC rates revised upward

KARACHI: Following the decision of the federal government, the State Bank of Pakistan (SBP) has notified revised...

Published 08 Feb, 2023 06:10am

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
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Cotton US¢/pound / May 23	79
Petrol/Litre / May 24	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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