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Pakistan Economy

KSE-100 closes 278 points lower on profit-taking

Despite a bullish start, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed 0.43% lower on Monday as...

Updated 08 Jan, 2024 09:52pm

Editorials

SIFC making waves

EDITORIAL: The apex committee of the Special Investment Facilitation Council (SIFC), comprising the country’s...

Published 08 Jan, 2024 05:23am

Markets

Volatile session at PSX sees KSE-100 end flat

The Pakistan Stock Exchange (PSX) saw another volatile session on Thursday, as the benchmark KSE-100 swung both ways...

Updated 04 Jan, 2024 05:37pm

BR Research

CY23: disaster, stability, and hope

After all that’s said or done, the fact of the matter is that the bleeding has stopped under the caretaker setup....

Updated 04 Jan, 2024 12:07pm

Markets

Stocks end session in green, KSE-100 up nearly 0.5%

Bullish trend returned to the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 jumped over 800 points in...

Updated 03 Jan, 2024 06:29pm

Markets

Pakistan’s bond rally may extend into 2024 contingent on another IMF bailout: report

Investors believe govt is expected to secure another bailout from IMF

Updated 03 Jan, 2024 09:44pm

Pakistan

Pakistan’s trade deficit shrinks over 34% to $11.15bn in 6MFY24

Stood at $16.97bn in same period of the previous year

Updated 02 Jan, 2024 09:03pm

BR Research

Playing snakes and ladders

You know the biggest and only strategy that goes into playing the board game snakes and Ladders? Avoid the snakes....

Published 02 Jan, 2024 08:57am

SBA: IMF set for first review on 11th

ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under...

Updated 02 Jan, 2024 10:44am

PM says govt-private cooperation a must for economic growth

LAHORE: Terming the strong interaction between the business community and the government vital for the country’s...

Updated 02 Jan, 2024 10:45am

Provincial projects: inclusion in PSDP banned

Finance Ministry conveys to provincial governments that it is going to shelve hundreds of non-starter projects besides making it mandatory for provinces to share in fertiliser subsidy and BISP funding

Updated 02 Jan, 2024 10:44am

‘Ratification of HKC will boost economy’

KARACHI: Speakers of a seminar organised by the National Trade Union Federation (NTUF) here said that the...

Updated 02 Jan, 2024 08:06am

Markets

‘Tale of two halves’, but a year to remember for Pakistan stocks

An absolute return of nearly 55%, a USD-based return of 24%, and new peaks was the story at the PSX
Performance made KSE-100 best performing market in second half of 2023

Published 01 Jan, 2024 11:40am

Performance of Shamshad better than Dar’s, says noted economist

ISLAMABAD: Dr Shamshad Akhtar’s performance as finance minister is “B negative” and her predecessor Ishaq Dar’s is...

Updated 01 Jan, 2024 12:22pm

SBP terms FY23 ‘extraordinarily challenging’

KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,...

Updated 30 Dec, 2023 08:16pm

Minister reviews matters related to TDAP, PSM

KARACHI: Federal Minister Commerce, Industries & Production Dr Gohar Ejaz presided over the meeting on matters...

Updated 30 Dec, 2023 04:17pm

‘Insecurity’ persists: Q3 business expectations rise 42pc against Q2: Gallup

KARACHI: Largely negative about their ongoing prospects, the country’s business owners have started gaining...

Updated 30 Dec, 2023 04:19pm

Pakistan

Pakistan’s inflation projected to ease to 20-22% for FY24: SBP report

In Governor’s Annual Report 2022-23, SBP chief says central bank will keep inflation expectations anchored to achieve its medium term target of 5-7%

Updated 29 Dec, 2023 08:19pm

Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the...

Updated 28 Dec, 2023 08:53am

Markets

Ministry of Finance projects inflation at 27.5-28.5% for December

In latest ‘Monthly Economic Update and Outlook’ report, it anticipates reading to further ease out to 24-25% in January

Updated 27 Dec, 2023 10:27pm

Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY

Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit

Updated 27 Dec, 2023 09:54am

Markets

Market bloodbath: KSE-100 sees massive selling, plummets over 4%

Falls 2,534 points on Tuesday, highest decline in terms of points in KSE-100 history

Updated 26 Dec, 2023 09:05pm

BR Research

Surge in IT exports

The upward trend in ICT exports is a good sign for the economy is stagnation. The country’s IT sector exports have...

Published 26 Dec, 2023 08:58am

Opinion

Some important economic policy questions

The first important policy question facing policymakers is how much role aggregate demand plays in determining...

Published 22 Dec, 2023 05:22am

Business & Finance

Shamshad highlights importance of Exim Bank

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that Exim Bank will play an important role in...

Published 22 Dec, 2023 05:22am

Editorials

If PSX sneezes, economy need not catch a cold

EDITORIAL: That PSX (Pakistan Stock Exchange) is on a roller coaster ride is a fact. The way the market moved up in...

Published 22 Dec, 2023 05:22am

Markets

Correction continues: KSE-100 Index falls 0.61% after volatile session

The Pakistan Stock Exchange (PSX) remained in the correction phase on Wednesday, as the benchmark KSE-100 Index lost...

Updated 20 Dec, 2023 05:33pm

Markets

Pakistan’s power generation cost jumps nearly 20% in November

Increase in fuel cost witnessed mainly due to a decline in nuclear, wind and, solar-based generation, says one brokerage house

Updated 20 Dec, 2023 05:00pm

Pakistan

Egypt, Oman, Bosnia, Sri Lanka, Cyprus: Alvi for enhanced cooperation

ISLAMABAD: President Dr Arif Alvi has underscored the need for increasing cooperation with Egypt, Oman, Bosnia, Sri...

Published 20 Dec, 2023 06:00am

New austerity steps await govt nod

Official documents of the Finance Division notes that measures like a ban on the procurement of durable goods and vehicles are still in vogue and being implemented

Updated 20 Dec, 2023 09:52am

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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Pakistan Economy

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