Trends - Ishaq Dar - Business Recorder

Ishaq Dar

Finance Minister Dar briefs President Alvi on country’s economic situation

Ishaq Dar informs President about steps taken by govt to provide relief to the most vulnerable segments of society

Published 07 Dec, 2022 08:55pm

IMF programme: Govt remains committed, Dar tells Nong

Finance minister says negotiations for ninth review are at an advanced state

Updated 07 Dec, 2022 09:53am

Business & Finance

ECNEC approves 10 development projects worth Rs415.8bn

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved 10 development projects...

Published 07 Dec, 2022 05:54am

Editorials

Fuel imports from Russia

EDITORIAL: The Minister of State on Energy (Petroleum Division), Musadik Malik, held a press conference on his ...

Published 07 Dec, 2022 05:54am

Markets

ECC asks Power Division to resolve KE issues

ISLAMABAD: The Economic Coordination Committee (ECC) has directed Power Division to expedite resolution of pending...

Updated 07 Dec, 2022 11:40am

Pakistan

Germany’s ambassador meets finance minister

ISLAMABAD: Ambassador of the Federal Republic of Germany Alfred Grannas called on federal Minister for Finance and...

Published 06 Dec, 2022 07:47am

Pakistan

ESCAP official calls on Dar

ISLAMABAD: Under Secretary General of the UN/ Executive Secretary of ESCAP Arminda Salsiah Alisjahbana called on...

Published 06 Dec, 2022 07:41am

Pakistan

Govt has no strategy to tackle economic crisis: ex-minister

LAHORE: Pakistan Tehreek-e-Insaf Central Punjab General Secretary Hammad Azhar has said that a new government with a...

Published 06 Dec, 2022 05:58am

Editorials

Economic policy: lack of explicitness, clarity

EDITORIAL: The difficulties faced by businesses in paying for goods and services continue to mount. Murmurings...

Published 06 Dec, 2022 05:58am

Business & Finance

Dar for exploring real potential of PDFL

ISLAMABAD: Finance Minister Ishaq Dar Monday chaired 4th meeting of the Board of Directors of Pakistan Development...

Published 06 Dec, 2022 05:58am

Revolving fund account for CPEC IPPs approved: ECC allows import of 0.583MTs of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the import of 0.583 million tonnes ...

Updated 06 Dec, 2022 09:35am

Opinion

Is default in prospect?

The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of...

Published 05 Dec, 2022 06:13am

Markets

ECC’s decision ‘rejected’: PYMA urges PM, Dar to avoid imposing RD on yarn

KARACHI: Pakistan Yarn Merchants Association (PYMA), while rejecting the Economic Coordination Committee (ECC)...

Published 04 Dec, 2022 03:37am

IK says will dissolve assemblies ‘very soon’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has told the provincial legislators of his party in...

Updated 04 Dec, 2022 09:52am

Business & Finance

Uzbekistan’s envoy meets finance minister to discuss bilateral trade

ISLAMABAD: Ambassador of the Republic of Uzbekistan to Pakistan Oybek Usmanov called on federal Minister for Finance...

Published 04 Dec, 2022 03:37am

Provinces’ power sector schemes: Rs8.11bn approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the allocation of Rs8.109 billion...

Updated 04 Dec, 2022 09:57am

Business & Finance

SBP repays $1bn bond before due date

The State Bank of Pakistan (SBP) paid back $1 billion against Sukuk bonds on Friday, three days before its...

Updated 03 Dec, 2022 01:21pm

ECC decides to import urea; Rs8bn okayed for MPs’ schemes

ISLAMABAD: The Economic Coordination Committee (ECC) has decided to import 33,000 metric tons of urea on CFR bulk...

Updated 03 Dec, 2022 11:50am

Opinion

PARTLY FACETIOUS: The Trainer Parveen Rashid

“Victory has a thousand fathers, but defeat is an orphan.” “Who said that?” “John F Kennedy after the...

Published 03 Dec, 2022 05:51am

‘Won’t take IMF’s dictation’: Dar

Finance minister says he does not have to plead before the Fund

Updated 03 Dec, 2022 11:56am

Pakistan

As IMF funding delayed, Pakistan expects $3bn from friendly country

Finance Minister says Pakistan will make alternate arrangements if IMF delays $1bn tranche

Updated 03 Dec, 2022 12:53am

Editorials

Khar’s Kabul visit

EDITORIAL: Short of according diplomatic recognition Pakistan has done everything possible to help the Taliban...

Published 02 Dec, 2022 05:47am

Pakistan

Economic advice: Dar constitutes 11-member reform, resource mobilization commission

Reforms and Resource Mobilization Commission will advise and make recommendations to finance minister on economic policies

Updated 01 Dec, 2022 10:59pm

Markets

Rupee registers gains, settles at 223.69 against US dollar

Currency appreciates 0.12% against US dollar

Updated 01 Dec, 2022 07:23pm

Opinion

Doesn’t matter who is/becomes FM

SBP’s (State Bank of Pakistan’s) surprise 100 basis point increase in its key policy rate (to a 24-year high of...

Updated 01 Dec, 2022 06:07am

Dar dismisses sovereign default threat

Says country’s economic problems are ‘temporary’

Updated 01 Dec, 2022 09:50am

Business & Finance

Rates of kerosene oil, light diesel dip

ISLAMABAD: In the fortnightly prices’ review of petroleum products, the price of kerosene oil (SKO) has been...

Updated 01 Dec, 2022 09:43am

Media campaigns: ECC approves Rs2bn TSG against Rs5bn demand

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant of...

Updated 01 Dec, 2022 09:47am

Pakistan

Petrol, diesel prices to stay unchanged for next fortnight: Ishaq Dar

Govt extends deadline to file income tax returns to December 15

Published 30 Nov, 2022 09:50pm

Business & Finance

Govt remains committed to eliminate interest-based banking system in Pakistan: Dar

A special wing to be set up at the SBP for the promotion of interest-free system, says Dar
SBP governor Jameel Ahmad says demand for Islamic banking higher than conventional banking

Updated 30 Nov, 2022 09:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 16	5297.10
Nasdaq / May 16	16698.32
Dow Jones / May 16	39869.38
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38
Hang Seng / May 17	19525.75
FTSE 100 / May 17	8430.62
Germany DAX 30 / May 17	18692.83

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210048
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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