Topic

Pakistan default

Gallup Survey: Default seems imminent, say businesses

Updated 05 Sep, 2023 09:12am

KARACHI: Majority of Pakistan’s businesses are “not hopeful at all” about the ability of caretaker Prime Minister...

Fiscal imbalance

Published 10 Jul, 2023 06:52am

EDITORIAL: The gap between the boom-and-bust cycle is contracting in Pakistan, indicated by the staff-level ...

Key objectives under new programme: To govt’s chagrin, IMF team calls on PTI chairman

Updated 08 Jul, 2023 08:56am

ISLAMABAD/ LAHORE: The International Monetary Fund (IMF) has approached major political parties in Pakistan,...

SBA won’t cut it

Updated 06 Jul, 2023 06:20am

Fine, it was the single biggest one-day jump in the stock market in 15 years. But is it really that unbelievable,...

There’s no default threat now, says PM

Updated 06 Jul, 2023 08:37am

ISLAMABAD: Prime Minister Shehbaz Sharif while expressing commitment to fully comply with the International Monetary...

PTI accused of seeking to scuttle IMF deal

Updated 03 Jul, 2023 09:03am

Federal Minister for Planning, Development and Reform Ahsan Iqbal says party crossed all limits in its hatred against state

Kicking the can

Updated 03 Jul, 2023 07:58am

An IMF (International Monetary Fund) deal is finally done. This is good news as it has averted the growing concerns...

Pakistan likely to avert default this year after last-minute IMF deal: Bloomberg

Updated 01 Jul, 2023 07:26pm

Dollar funds could rise up to $9.5 billion on account of inflows from the IMF and friendly nations, but a new programme will be needed, says report

Can IMF absence be offset by ‘Plan B’?

Published 26 Jun, 2023 06:38am

EDITORIAL: With the country on the verge of sovereign default, which could cascade into a domestic debt ...

US apprised of edgy IMF ambivalence

Updated 22 Jun, 2023 08:52am

Federal Minister for Finance and Revenue Ishaq Dar meets US Ambassador to Pakistan Donald Blome

As Islamabad scrambles, Dar meets US ambassador to alleviate concerns on Pakistan’s budget

Updated 21 Jun, 2023 05:25pm

Finance minister says measures for fiscal year 2023-24 are aimed at reducing fiscal gap in order to meet national as well as international financial obligations

IMF’s criticism of Pakistan’s budget raises default odds: Bloomberg

Updated 19 Jun, 2023 08:07pm

If IMF aid doesn’t come this month, it expects growth to be much weaker in fiscal 2024 than the current forecast of 2.5%

Expert says country would not default

Updated 18 Jun, 2023 07:49pm

Ashfaq Tola says govt has not introduced any tax amnesty scheme in the budget and that any ambiguity related to such a scheme would be resolved before the International Monetary Fund (IMF)

Moody’s says chances of Pakistan securing IMF bailout dwindling: report

Updated 14 Jun, 2023 08:19pm

Moody's analyst says Pakistan could default without an IMF programme

It’s just too late

Published 08 Jun, 2023 06:30am

It’s impossible to reach the state of maximum uncertainty in Pakistan. Two caretaker provincial governments...

Delay in IMF programme ‘unprecedented’, says Dar

Updated 03 Jun, 2023 08:09pm

Finance minister believes there is no technical reason for the delay
Slams 'pseudo-intellectuals' who have predicted country will default

IMF should not interfere in Pakistan’s political, domestic affairs: Aisha Ghaus Pasha

Updated 31 May, 2023 05:22pm

Minister of State for Finance says IMF's comment on Pakistan's domestic affairs is 'extraordinary', wants 'uncertainty' on bailout to end

Atif Mian ‘has no idea how practical economics operates’: Ministry of Finance

Updated 27 May, 2023 06:48pm

Economist's statement is a misplaced criticism made from a purely theoretical point of view, says Finance Ministry

Default fears deepen but Dar exudes optimism

Updated 25 May, 2023 08:55am

Assures business community that focus of upcoming budget (2023-24) would be broadening tax base and document new taxpayers

Pakistan will not default, reiterates Ishaq Dar

Published 24 May, 2023 06:00pm

Finance minister says Pakistan will escape current difficult economic circumstances

Despite challenges, Pakistan to avert default: report

Updated 23 May, 2023 06:56pm

KTrade report says Pakistan's commercial debt obligations are low, can be handled by careful management of current account balance and support of friendly countries

IMF is baulking probably due to political unrest in Pakistan, says Bloomberg

Updated 19 May, 2023 06:07pm

Heightened political uncertainty in Pakistan is “probably one of the reasons” the International Monetary Fund (IMF)...

Federal budget on June 9: Govt will fulfil all external obligations: Dar

Updated 12 May, 2023 10:29am

Says there is a plan for foreign payments of $3.7 billion in May and June

Pakistan could default without IMF bailout programme: Moody’s

Published 10 May, 2023 06:03am

LAHORE: Pakistan could face default without an International Monetary Fund (IMF) bailout programme as the country is...

IK warns of ‘Sri Lanka-like’ situation if elections not held

Updated 30 Apr, 2023 09:24am

LAHORE: Pakistan Tehreek-e-Insaf Chairman Imran Khan has warned the ‘powerful people’ that violent protests will...

IMF agreement to be inked soon, reiterates Dar in National Assembly

Updated 10 Apr, 2023 07:16pm

Finance minister tables bill in parliament seeking approval for election funds
Says national and provincial elections should be held at the same time, under a caretaker setup

Finance minister holds back from giving timeline on when deal will be inked

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Pakistan default

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