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LCs

Import from China: Customs’ values on fleece fabrics fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new Customs values on the import of six...

Published 25 Nov, 2023 05:19am

Economic growth has to be backed by structural reforms: Shamshad

ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar has said political and economic instability...

Updated 24 Nov, 2023 09:44am

Business & Finance

Jul-Oct mobile phone imports soar 107.91pc to $469.99m YoY

ISLAMABAD: The country imported mobile phones worth $469.992 million during the first four months (July-October) of...

Published 19 Nov, 2023 03:14am

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Business & Finance

Jan-Sep 2023: 13.02m mobile handsets manufactured locally

ISLAMABAD: Local manufacturing plants have manufactured/assembled 13.02 million mobile handsets during the first ...

Published 24 Oct, 2023 05:05am

MoF to share green bonds, debt swaps plan with SIFC today

ISLAMABAD: Finance Ministry is all set to share its plan on floating of international and domestic green bonds and...

Updated 24 Oct, 2023 09:37am

Business & Finance

Senate commerce committee members say will help resolve issues facing KCCI

KARACHI: The Senate’s Standing Committee on Commerce, headed by its Senator Chairman Zeeshan Khanzada, paid a ...

Published 15 Sep, 2023 06:31am

Business & Finance

Sitara Peroxide extends shutdown for 30 days

Sitara Peroxide Limited (SPL), Pakistan’s chemical manufacturer, announced on Friday that it is extending its plant...

Updated 08 Sep, 2023 06:54pm

Business & Finance

IMC hasn’t announced layoffs despite 55pc cut in production: CEO

KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a...

Published 31 Aug, 2023 06:00am

Opinion

Trade conundrum: who is at fault?

The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to...

Published 28 Aug, 2023 06:27am

Falls under domain of Ministry of Commerce: SBP says it can’t impose ban on import of any item

ISLAMABAD: State Bank of Pakistan (SBP) has stated that it cannot impose a ban on import of any item as it falls...

Updated 28 Aug, 2023 08:44am

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 weakens marginally, settles at 287.60 against US dollar

Currency depreciates 0.05% in inter-bank market

Updated 10 Aug, 2023 08:58pm

Pakistan

Discrimination in issuance of LCs: Stakeholders demand a level playing field

ISLAMABAD: The Senate Standing Committee on Finance, Wednesday, held that targeted Letters of Credit (LCs) issuance...

Published 10 Aug, 2023 06:35am

Opinion

LSM sector travails

Large-scale manufacturing (LSM) sector, as per data released by the Finance Division, registered negative 8.1 ...

Published 07 Aug, 2023 06:34am

PM calls for devising extensive export policy

KARACHI: Prime Minister Shehbaz Sharif has called for formulating a comprehensive export policy in consultation with...

Updated 27 Jul, 2023 09:22am

Business & Finance

KCCI urges SBP to take notice of banks’ denial to issue LCs

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep...

Published 25 Jul, 2023 06:20am

Editorials

Rise in clearance of imports, exports

EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased...

Updated 22 Jul, 2023 06:40am

22pc interest rate inimical to business activities: PM

ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business...

Updated 13 Jul, 2023 10:33am

Editorials

Import payments and dollar reserves

EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ...

Updated 13 Jul, 2023 05:11am

Inward flows of dollars to create breathing space: ministry

ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of...

Updated 12 Jul, 2023 08:51am

Business & Finance

Jan-May: 4.88m mobile phones manufactured in country

ISLAMABAD: Local manufacturing plants have manufactured/assembled 4.88 million mobile handsets during the first four...

Published 11 Jul, 2023 06:08am

Sufficient inflows of USD mandatory: Relaxation on retiring of LCs not ‘unrestrained’: official

Information shared by Ministry of Industries and Production (MoI&P) informally with National Assembly Standing Committee on Industries and Production

Updated 11 Jul, 2023 09:06am

Spare parts for TPS-14 rehabilitation: GE warns TPS Guddu management against LC opening delay

ISLAMABAD: M/s General Electric (GE) has cautioned the management of Thermal Power Station (TPS) Guddu that any...

Updated 08 Jul, 2023 09:00am

Business & Finance

USF, Ignite: minister approves Rs21.242bn annual budget

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque chaired the Universal Service Fund (USF)...

Published 07 Jul, 2023 05:24am

Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms

LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new...

Updated 29 Jun, 2023 03:21pm

Zardari reaches out to textile tycoons ahead of elections

Says Pakistan Peoples Party is ready to sign ‘charter of economy'

Updated 24 Jun, 2023 08:59am

Business & Finance

KOTRA Karachi, NJE Tech organise training programme

KARACHI: Pakistani automobile industry is facing tough time due to economic meltdown. The ban or non-issuance of...

Published 21 Jun, 2023 05:21am

Business & Finance

Pak Suzuki shuts automobile, motorcycle plant till July 8

Pak Suzuki Motor Company (PSMC) has announced another shutdown of its automobile and motorcycle plant from June 22...

Published 19 Jun, 2023 05:51pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	5.61 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	513.38 ▼ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	82.39 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	475.95 ▼ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	10.21 ▼ 0.00 (0.00%)
Attock Cement / Nov 29 Attock Cement Pakistan Limited(ACPL)	92.22 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	5.61 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	513.38 ▲ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	82.39 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	475.95 ▲ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	10.21 ▲ 0.00 (0.00%)
Attock Cement / Nov 29 Attock Cement Pakistan Limited(ACPL)	92.22 ▲ 0.00 (0.00%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.00
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▲ 0.00
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.00
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.00
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.00
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.00
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▲ 0.00
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.00
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▲ 0.00
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	147.02
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
India Sensex / Nov 28	66174.20
Tokyo Nikkei / Nov 28	33283.70
Nasdaq / Nov 28	14281.76
Hang Seng / Nov 28	17354.14
FTSE 100 / Nov 28	7455.24
Dow Jones / Nov 28	35416.98
Germany DAX 30 / Nov 28	15992.67
France CAC40 / Nov 28	7250.13

Item	Value
Crude Oil USD/Barrel / Nov 28	76.66
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Gold Spot USD/Ounce / Nov 28	2045.04
Cotton US¢/pound / Nov 28	79.60

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