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moody

Moody’s says timely election result to reduce uncertainty in Pakistan: report

Moody’s Investor Services (Moody’s), a global credit ratings agency, said timely announcement of election results...

Updated 09 Feb, 2024 08:09pm

Business & Finance

Moody’s cuts NYCB ratings to junk, warns of more downgrades

Rating agency Moody’s downgraded New York Community Bancorp’s all long-term and some short-term issuer ratings to...

Published 07 Feb, 2024 11:32am

Business & Finance

India yet to see significant improvement in debt affordability: Moody’s

MUMBAI: India has not seen significant improvement in debt affordability to justify a rethink on the country’s...

Published 01 Feb, 2024 02:47pm

Pakistan

Pakistan can borrow through ICIEC to reduce financing cost, says CEO

KARACHI: As a member country, Pakistan can borrow through the Islamic Corporation for the Insurance of Investment...

Updated 20 Dec, 2022 11:16am

Opinion

Britain takes fight to restore investor faith into 2023

Major investors are rethinking their support for Britain’s economy following months of political turmoil and...

Published 17 Dec, 2022 05:58am

Opinion

Pakistan’s exports in the doldrums

Subsidies such as those relating to power tariffs have been the lifelines of our export industry, notably the ...

Published 29 Oct, 2022 05:55am

Editorials

Govt borrowing rises

EDITORIAL: The federal government borrowed 608.5 billion rupees from banks during the first 105 days of the current...

Published 27 Oct, 2022 05:54am

Editorials

Is there any way to ease economy’s travail?

EDITORIAL: The Ministry of Finance is reportedly stumped as to where to arrange the resources required to fund the...

Published 26 Oct, 2022 05:52am

Opinion

Foreign inflows at a low ebb

International perceptions of the declining credit worthiness of Pakistan have been augmented by the downgrading of...

Published 25 Oct, 2022 05:51am

Business & Finance

Rating outlook stays negative: Moody’s downgrades Wapda’s CFR & BCA to Caa1

ISLAMABAD: The Moody's Investors Service has downgraded Pakistan Water and Power Development Authority’s (Wapda)...

Published 12 Oct, 2022 05:46am

Dar touts ‘charter of economy’ idea, challenges Moody’s

Says if agency did not reverse the downgrade of Pakistan’s sovereign credit rating, he would give a 'befitting' reply

Updated 08 Oct, 2022 10:23am

Pakistan

Moody's cuts Pakistan's rating to Caa1

Rating agency says ongoing floods raise country's external financing needs, heightening risks of a balance of payments crisis

Updated 06 Oct, 2022 11:11pm

Business & Finance

Moody's retains India rating, says rising global challenges won't derail recovery

MUMBAI: Global challenges including the impact of the Russia-Ukraine conflict, higher inflation and tightening ...

Published 07 Sep, 2022 04:13am

Opinion

IMF programme needs to be protected

This is apropos a Business Recorder news item “Miftah gives a detailed account: How country saved itself from...

Updated 20 Jul, 2022 06:08am

Markets

Bloodbath: KSE-100 closes with 978-point fall as Fitch's downgrade dents sentiment

Index finishes below 40,400 level amid political uncertainty

Updated 19 Jul, 2022 05:29pm

Markets

Hammered by US dollar, rupee closes at record low of 221.99

Falls Rs6.79 or 3.06% in inter-bank market on Tuesday

Updated 19 Jul, 2022 05:51pm

Moody’s affirms B3 long-term deposit ratings of five banks

ISLAMABAD: Moody’s Investors Service has affirmed the B3 long-term deposit ratings of Pakistani banks and changed...

Updated 09 Jun, 2022 09:47am

Opinion

Pessimism grows

The nation started the year 2022 under a euphoria of all good after moving out of the Covid pandemic largely...

Published 04 Jun, 2022 04:18am

Moody’s lowers Wapda’s rating to negative

ISLAMABAD: Moody’s Investors Service has revised Pakistan Water and Power Development Authority (Wapda)’s ...

Updated 04 Jun, 2022 10:06am

Business & Finance

KATI demands withdrawal of rise in POL products’, power prices

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam has demanded to immediately...

Published 04 Jun, 2022 04:18am

Markets

Bloodbath at PSX: KSE-100 closes over 920 points lower amid economic headwinds

Index closes at41,314.88 after Moody's downgrade of Pakistan's outlook, other negative developments

Updated 03 Jun, 2022 06:08pm

Moody’s changes outlook to negative

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded its outlook for Pakistan from stable to negative....

Updated 03 Jun, 2022 09:41am

Business & Finance

Moody’s cuts Ukraine debt rating, outlook negative

WASHINGTON: Moody’s on Friday cut Ukraine’s debt rating for the second time in three months and lowered the...

Published 22 May, 2022 06:03am

IMF asks govt to bring C/A deficit under control

DUBAI: The International Monetary Fund has urged Pakistan to bring its current account deficit under control, an...

Updated 28 Apr, 2022 11:07am

Moody’s expects Pakistan to register 3-4pc growth

ISLAMABAD: Moody’s Investors Services (Moody’s) expects Pakistan’s economic growth of 3-4 percent for 2022 and 4-5...

Updated 12 Apr, 2022 10:56am

Opinion

Economy: ‘begging’ for attention

The worst possible time for political chaos is when economic conditions are deteriorating, and the singular focus...

Published 04 Apr, 2022 05:38am

Opinion

Testing times

Moody’s rating on financial health of the country is widely considered as meaningful with consequences for the...

Updated 02 Apr, 2022 12:26pm

Business & Finance

Russian rouble falls to new lows after ratings downgrades

MOSCOW: The Russian rouble slumped to new record lows against the dollar and euro on Thursday after Fitch and...

Published 04 Mar, 2022 04:37am

Business & Finance

Fitch, Moody's slash Russia's sovereign rating to junk

Ratings agencies Fitch and Moody's downgraded Russia by six notches to "junk" status, saying Western sanctions threw...

Published 03 Mar, 2022 11:50am

Economy prone to more lockdowns, demand shocks, warns Moody’s

ISLAMABAD: In the event of further lockdowns or shocks to external demand, the government of Pakistan (rating B3...

Updated 28 Jan, 2022 09:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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