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Pakistan Economy

Incoming govt to 'endorse' caretaker’s economic initiatives: Solangi

Caretaker Information Minister Murtaza Solangi on Saturday said that the incoming government, which will come into...

Updated 04 Feb, 2024 03:02am

SIFC gives go-ahead to FBR reforms

Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs 9th Apex Committee of the SIFC

Updated 03 Feb, 2024 06:46pm

Business & Finance

IMF says central banks should not rush into rate cuts

WASHINGTON: The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon...

Published 03 Feb, 2024 05:46am

Pakistan

Eggplants, bottles, beds: Pakistan politicians reclaim election symbols

ISLAMABAD: Aamir Mughal brandishes an eggplant before a gaggle of voters, rallying support behind the Pakistani...

Updated 02 Feb, 2024 09:05pm

Pakistan

Pakistan’s trade deficit contracts 33% to $13.2bn in 7MFY24

Pakistan’s trade deficit shrank 33% to $13.167 billion during July-January (7MFY24) on account of a considerable...

Updated 02 Feb, 2024 09:16pm

Markets

Pakistan’s headline inflation reading clocks in at 28.3% in January

Figure in line with official estimates that put CPI reading in range of 27.5-28.5%

Updated 01 Feb, 2024 05:42pm

Markets

Tight Gas Policy 2024 eyes increased investment in Pakistan’s energy sector

The federal government, in its bid to facilitate investment by the oil and gas industry in unconventional...

Updated 01 Feb, 2024 05:51pm

FBR revamp plan approved by caretakers

Federal Tax Policy Board will be formed in the Revenue Division which will be responsible for the formulation of tax policy

Updated 31 Jan, 2024 09:57am

Business & Finance

Pakistan inching towards economic stability: HCCI president

HYDERABAD: President Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that Pakistan is...

Published 31 Jan, 2024 05:22am

Markets

KSE-100 sees another fall, plummets 1.5% amid political volatility

Volatility on political front, status quo in monetary policy keep investors on the backfoot

Updated 30 Jan, 2024 09:24pm

Business & Finance

Nawaz vows economic stability if voted to power

LAHORE: Expressing concern over soaring inflation and unemployment, Pakistan Muslim League-Nawaz (PML-N) supremo...

Published 30 Jan, 2024 04:52am

Markets

SBP keeps key policy rate unchanged at 22%

Central bank governor conveys MPC has revised projected inflation figure for FY24 from 20-22% to 23-25%

Updated 29 Jan, 2024 09:48pm

Opinion

Design flaws in IMF programme

The International Monetary Fund (IMF) programmes are regarded as well designed by other multilaterals (with routine...

Published 29 Jan, 2024 04:37am

Opinion

Next govt faces an economic tightrope

As the general elections are just around the corner, the economic battleground takes center stage with the...

Published 29 Jan, 2024 04:37am

Business & Finance

‘Taxpayers’ rights to be protected always’

PESHAWAR: Advisor Federal Tax Ombudsman Peshawar Sardar Ali Khawaja said that taxpayers are the backbone of the...

Published 29 Jan, 2024 04:37am

Nawaz says will overcome economic challenges

SIALKOT: Pakistan Muslim League-Nawaz (PML-N) supremo and former Prime Minister Nawaz Sharif on Sunday promised to...

Updated 29 Jan, 2024 09:48am

Editorials

Reiteration of economic challenges

EDITORIAL: The caretaker finance minister while addressing the NUST Institute of Policy Studies (NIPS) correctly...

Published 29 Jan, 2024 04:37am

Pakistan

‘High chances of a coalition government’, says brokerage house as Pakistan braces for elections

Smooth transfer of power will help overcome concerns of international lenders, says Topline Securities

Published 27 Jan, 2024 04:59pm

Rs272bn TSGs approved despite IMF agreement

As pledged under the ongoing International Monetary Fund programme there have been no disbursements under supplementary grants

Updated 27 Jan, 2024 10:37pm

H1FY24: Profit repatriation up record 161pc to $567.7m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a record growth of 161 percent during the...

Updated 27 Jan, 2024 10:37pm

Markets

National Saving Schemes: CDNS reduces rates of return on some products

The Central Directorate of National Savings (CDNS) has revised the rates of return on some of its National Savings...

Updated 26 Jan, 2024 08:34pm

Markets

KSE-100 down 0.81% as profit-taking, rumours dominate session

Benchmark index settles with a loss of over 500 points

Updated 25 Jan, 2024 10:27pm

Energy sector: Major step taken towards reducing circular debt

Caretaker Prime Minister Anwaar-ul-Haq Kakar directs Ministry of Energy to prepare and submit a comprehensive and sustainable plan after consultation with Finance Ministry

Updated 25 Jan, 2024 09:47am

Opinion

Not investing in future!

The International Monetary Fund’s (IMF’s) board has disbursed around $700 million as second tranche under a $3...

Published 23 Jan, 2024 05:14am

Business & Finance

Corporate sector: ‘IPOs streamline process to increase capital’

KARACHI: The IPO Summit 2024 was held in order to outline the steps that could help stabilize the country’s economy....

Published 23 Jan, 2024 05:14am

Markets

SGF to conduct Rs1.5bn equity investment in Service Long March Tyres

The shareholders of Service GlobalFootwear Limited (SGF) have given their approval to the company to make further...

Published 22 Jan, 2024 02:34pm

Pakistan

PIDE to unveil ‘reform manifesto’ today

ISLAMABAD: In a momentous stride towards national transformation, the Pakistan Institute of Development Economics...

Published 22 Jan, 2024 05:37am

Opinion

‘It is a tale told by an idiot…’

Data collection and its dissemination is an exercise impacting on politics the world over; however, the capacity of...

Published 22 Jan, 2024 05:37am

Opinion

IPO Summit 2024

The following is the full text of the speech of MD and CEO, Pakistan Stock Exchange Farrukh H. Khan that he made at...

Published 22 Jan, 2024 05:37am

Markets

Country report: IMF expresses satisfaction over Pakistan’s SBA performance

Says all but one of 7 QPCs for end-September were met, and while ceiling on general government primary budget deficit was missed, deviation was minor and accounted for by technical factors

Published 20 Jan, 2024 08:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
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	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Cotton US¢/pound / Apr 29	82.15
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

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