Trends - Pakistan Economy - Business Recorder

Pakistan Economy

Moody’s speaks of elevated political uncertainty

Prolonged delays in formation of govt will increase policy and political uncertainty at a time when it faces very challenging macroeconomic conditions

Updated 15 Feb, 2024 11:56am

Textile exporters blame govt for ‘economic disaster’

KARACHI: The interim rule has again drawn severe criticism for “intruding” into the economic matters that left the...

Updated 15 Feb, 2024 08:42am

Markets

APTMA urges govt to end unproductive cross-subsidies

The All Pakistan Textile Mills Association (APTMA), which represents the largest industrial sector of Pakistan, has...

Updated 14 Feb, 2024 09:28pm

Markets

MSCI adds 19 Pakistani companies to Small Cap, 3 to Frontier Markets Indexes

In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the February 2024...

Updated 13 Feb, 2024 09:14pm

BR Research

Cement’s count down

No amount of mental gymnastics and premeditation can prepare an economy for the political uncertainty and mayhem...

Published 13 Feb, 2024 09:04am

Pakistan

All parties should work together for economic stability

KARACHI: Petroleum and CNG industry leader, member of UBG Core Committee, Malik Khuda Bakhsh has urged all political...

Published 13 Feb, 2024 05:59am

Editorials

Economic turmoil could worsen

EDITORIAL: Moody’s Investor Services’ warning that a timely announcement of the election results is crucial for...

Published 13 Feb, 2024 05:59am

‘Right people’ will take appropriate economic decisions: Pasha

ISLAMABAD: Matters are now in the hands of the right people and they will take appropriate economic decisions. This...

Updated 13 Feb, 2024 09:43pm

Business & Finance

H1 debt stocks jump 7.14pc to Rs65.188trn YoY

KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 4 trillion during the first...

Updated 13 Feb, 2024 08:56am

Pakistan

Pakistan ‘is bankrupt’ and ‘sinking deeper every year’: Atif Mian

Atif Mian, a noted Pakistani-American economist and currently a professor of Economics, Public Policy, and Finance...

Updated 12 Feb, 2024 10:18pm

Markets

Pakistan’s remittances clock in at $2.4bn in January, up 26% YoY

However, inflow increase only 1% on a monthly basis

Updated 12 Feb, 2024 10:40pm

Markets

Market shrugs off energy ministry’s post, KSE-100 loses nearly 3%

Lack of clarity on political front, delays and uncertainty on formation of new govt along with reports around circular debt management plan drive negative sentiment

Updated 12 Feb, 2024 10:52pm

What’s next in election deadlock?

ISLAMABAD: National election ended with no party winning a majority in parliament, in polls marred by militant...

Updated 12 Feb, 2024 08:43am

Business & Finance

Digital economy promotion: Roadmap prepared for next govt: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication Dr. Umar Saif has said that...

Published 12 Feb, 2024 06:25am

Business & Finance

Fiscal trajectory: Expert underscores role of taxation

PESHAWAR: Muhammad Umair Zeb, a leading tax expert has underscored the pivotal role of taxation in shaping the...

Published 12 Feb, 2024 06:25am

Business & Finance

New govt will have to introduce long-term financing plan: Moody’s

ISLAMABAD: The newly-elected government will have to put in place a long-term financing plan to meet its very large...

Published 10 Feb, 2024 05:48am

Viable projects for international investment: PM seeks ‘plan of action’ within five days

ISLAMABAD: Caretaker Prime Minister, Anwaar-ul-Haq Kakar, on Friday, directed all the ministries to prepare a plan...

Updated 10 Feb, 2024 04:23pm

Govt may face more economic misery if election result unclear

LONDON/ISLAMABAD: The possibility of a political stalemate in Pakistan leading to delays in both reforms and crucial...

Updated 10 Feb, 2024 04:25pm

Pakistan

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

Pakistan

Negotiating new IMF deal, controlling inflation: Dr Reza Baqir highlights challenges for new govt

Remarks come as Pakistanis vote to elect future govt on Thursday

Updated 08 Feb, 2024 11:23pm

Opinion

I’m not voting

None of the top politicians and political parties making promises about free houses and hundreds of electricity...

Updated 08 Feb, 2024 08:42pm

MoF issues FY25 budget call circular

ISLAMABAD: The Finance Ministry has issued the Budget Call Circular (BCC) for fiscal year 2024-25 with a timeline...

Updated 08 Feb, 2024 10:00am

Pakistan

PwC survey: 42% of Pakistani CEOs see business model unviable in less than a decade

A significant number of Pakistani Chief Executive Officers (CEOs) of companies believe their current business model...

Published 07 Feb, 2024 09:16pm

Pakistan

Majority CEOs somewhat optimistic over Pakistan’s economic growth in coming 12 months

A majority of Pakistani Chief Executive Officers (CEOs) of companies remain somewhat optimistic about Pakistan’s...

Updated 07 Feb, 2024 09:03pm

IMF briefed about tariff, circular debt plans

International Monetary Fund seeks some clarification from the caretaker government’s team

Updated 06 Feb, 2024 10:28am

Opinion

PBS needs a makeover

Policymaking at all levels of government requires precise, timely and accurate statistics to achieve various targets...

Published 05 Feb, 2024 06:08am

Editorials

‘Worst economic crisis’

EDITORIAL: Human Rights Watch’s (HRW’s) World Report 2024 only confirms what most Pakistanis have been...

Published 05 Feb, 2024 06:08am

Business & Finance

Chitral Economic Zone inaugurated

PESHAWAR: The Khyber Pakhtunkhwa government has achieved a milestone in the journey towards industrial development ...

Published 05 Feb, 2024 06:08am

Business & Finance

PAJCCI for issuance of special passes to truckers

PESHAWAR: Coordinator Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Ziaul Haq Sarhadi has suggested...

Published 05 Feb, 2024 06:08am

Markets

Cotton arrival inches up 1.1% in last two weeks of Jan: PCGA

Cotton arrival in Pakistan remained largely unchanged, witnessing a marginal increase of 1.1% as of January 31...

Updated 03 Feb, 2024 08:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.60
USD PKR Interbank Buying / Apr 29	278.40
USD to Japanese Yen / Apr 29	156.26
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.26
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	82.60
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2334.17
Cotton US¢/pound / Apr 29	81.52
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Pakistan Economy

Most Popular