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Pakistan GDP

Ishaq Dar’s address: misplaced optimism?

EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the...

Published 30 Dec, 2022 05:50am

Business & Finance

Pakistan projected to be sixth-largest economy by 2075

KARACHI: A research paper published by Goldman Sachs on Tuesday projected Pakistan to be the sixth largest economy ...

Published 08 Dec, 2022 06:47am

Pakistan

Challenging road ahead: Pakistan's economic growth projected to slow down to 2.1%: report

EFG Hermes says political uncertainty will dent country's economic outlook

Updated 25 Nov, 2022 06:12pm

Pakistan

By 2050, Pakistan’s annual GDP can decline 18-20% due to climate change risks: World Bank

Says impact on Pakistan's natural and human capital are likely to be severe

Updated 18 Nov, 2022 07:17pm

Pakistan

Climate change-induced disasters may significantly set back uplift plans: World Bank

ISLAMABAD: Climate change-induced disasters could significantly set back Pakistan’s development ambitions and its...

Published 11 Nov, 2022 07:08am

Opinion

Inflation and Pakistan

Inflation is largely an outcome of government policies ranging from an unsustainable budget deficit to heavy ...

Published 31 Oct, 2022 06:23am

MoF Outlook: Challenges ahead as flood damages to impact whole economy

ISLAMABAD: Pakistan is faced with challenging economic environment subsequent to damages caused by the floods,...

Updated 31 Oct, 2022 10:22am

Business & Finance

Legal and free remittance channels: ACE Money Transfer, Bank AL Habib launch awareness campaign

KARACHI: ACE Money Transfer, a leading UK-based international remittance service provider, and Bank AL Habib, one of...

Published 24 Oct, 2022 05:45am

Nepra challenges ‘credibility’ of growth projections of World Bank, IMF

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Wednesday challenged the credibility of growth...

Updated 20 Oct, 2022 09:50am

Opinion

IMF projections

The latest World Economic Outlook has been released by the IMF. The report highlights the slowing down of global...

Published 18 Oct, 2022 06:02am

Inflation rate at 19.9pc: IMF projects 3.5pc growth for 2023

Current account balance is projected at negative 2.5 per cent for 2023 compared to negative 4.6per cent for 2022

Updated 12 Oct, 2022 09:40am

Business & Finance

Pakistan's economic growth to decline to 2% amid flash floods: SBP

The current account deficit is likely to be muted in FY23, said MPC

Published 10 Oct, 2022 05:25pm

Rs7.47trn target: 21.5pc growth in FY23 revenue collection required

ISLAMABAD: The Federal Board of Revenue (FBR) requires growth of 21.5 percent in revenue collection to meet the...

Updated 07 Oct, 2022 09:55am

Over 6pc growth leads to dollar crunch: minister

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal Thursday said that more than six percent of...

Updated 07 Oct, 2022 09:59am

Growth to slow to around 2pc: World Bank

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth to slow from 6 percent in the fiscal year 2022 to...

Updated 07 Oct, 2022 09:37am

Finance ministry contests rating action by Moody’s

ISLAMABAD: The Finance Ministry on Thursday strongly contested the Moody’s rating action, which it said was carried...

Updated 07 Oct, 2022 09:56am

Moody’s cuts Pakistan’s rating to Caa1

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded the government of Pakistan’s local and foreign...

Updated 07 Oct, 2022 09:37am

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

Markets

Eighth consecutive decline: KSE-100 drops 0.75% in mixed trading

Sharp decrease in Pakistan’s bond yields pull market lower

Published 23 Sep, 2022 07:25pm

Pakistan

Pakistan default fears spike on report of UN debt suspension advice

One of the main sovereign bonds due for repayment in 2024 slumped more than 10 cents to about 50 cents on the dollar , while another due in 2027 fell to about 45 cents

Updated 23 Sep, 2022 08:14pm

Pakistan

ADB forecasts Pakistan's GDP growth to slow down to 3.5% in FY23

Recent devastating floods in Pakistan add profound risk to the country’s economic outlook, says ADB Country Director for Pakistan Yong Ye

Updated 21 Sep, 2022 06:07pm

Opinion

Budget 2022-23 and the IMF programme

There are any number of ways in which a budget can be characterized. Terms, such as, pro-poor, investors’ ...

Published 14 Jun, 2022 05:56am

$30bn financing needs in FY23: Miftah underscores need for ‘restarting’ IMF programme

ISLAMABAD: While ruling out any immediate respite in inflation, the government said it is important for the country...

Updated 13 Apr, 2022 10:34am

Opinion

Economy is the victim

Economic stability is dependent upon political and social stability. While only economic stability is the major...

Published 27 Mar, 2022 05:40am

Business & Finance

Business leader spells out major challenges facing country

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 16 Mar, 2022 05:40am

Editorials

Jul-Jan C/A deficit data: a cause for worry

EDITORIAL: July-January 2021-22 data for the current account deficit is worrying as it has crossed the 11 billion...

Updated 01 Mar, 2022 10:05am

Editorials

The spectre of rising inflation

EDITORIAL: The Khan administration’s defence against the proposed no-confidence motion is to raise an extremely...

Published 16 Feb, 2022 06:20am

Opinion

Tail-end of IMF programme: some likely scenarios

With the successful sixth review board meeting of the IMF held on Feb 2, the uncertainty surrounding it has ended ...

Published 08 Feb, 2022 06:10am

Opinion

GDP growth rate in 2020-21

The PBS has released the revised estimate of the GDP growth rate for 2020-21. It has increased to 5.57 percent from...

Published 08 Feb, 2022 06:10am

GoP’s ability to sustain reform momentum uncertain: Moody’s

ISLAMABAD: Beyond the expiry of the International Monetary Fund (IMF) programme in September 2022, the Pakistan...

Updated 05 Feb, 2022 09:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 6	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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