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Pakistani economy

World Bank projects Pakistan’s GDP growth at 2.8% in FY25

The World Bank expects economic activity in Pakistan to continue recovering with real GDP growth estimated at 2.8%...

Updated 10 Oct, 2024 09:55pm

Markets

Govt approves termination of existing Power Purchase Agreement with five IPPs

Details of agreement between Task Force and IPP owners were presented to the Cabinet, listing HUBCO, Lalpir Power Limited, Saba Power, Rousch Power, and Atlas Power among the IPPs whose current agreements will be terminated

Updated 10 Oct, 2024 09:20pm

Pakistan

Saudi Arabia, Pakistan to sign Barrick deal in few weeks, says Al Faleh

Eager to start number of mining initiatives but hope to close Reko Diq project with Pakistan's SOEs and Barrick Gold in the coming weeks, says Saudi Arabia Minister for Investment

Updated 10 Oct, 2024 11:59pm

Business & Finance

World Bank raises South Asia growth forecast to 6.4% on India demand

NEW DELHI: The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of...

Published 10 Oct, 2024 12:26pm

CAP to hold ‘Future of retail business summit & expo’ on 17th

LAHORE: The Chainstore Association of Pakistan has announced to hold 4th ‘Future of retail business summit and...

Published 10 Oct, 2024 03:03am

IPPs and capacity payments

Let me ask some basic questions to start the discussion. What is the main issue with the Pakistani economy? Is it...

Updated 01 Aug, 2024 07:31am

Perspectives

Fault lies within: to fix the economy, look inward

There weren’t much high hopes when Finance Minister Mohammed Aurangzeb started delivering his budget speech on June...

Published 17 Jul, 2024 10:43pm

Pakistan

New IMF programme to improve Pakistan’s funding prospects: Moody’s

Credit rating agency, however, warns govt’s ability to sustain reform implementation will be key to continually unlock financing over three-year duration

Updated 16 Jul, 2024 09:38pm

Markets

ISMA opposes hike in electricity, gas charges

KARACHI: Khalid Tawab, Chairman of the Iron & Steel Merchants Association, warned that the Pakistani economy is...

Published 10 Jul, 2024 03:14am

Pakistan

Post-budget presser: govt wants to enhance tax-to-GDP ratio to 13% in 3 years, says Aurangzeb

Finance minister hopeful Pakistan will reach Staff-Level Agreement with International Monetary Fund (IMF) by July

Updated 13 Jun, 2024 04:40pm

BR Research

Too far gone!

The stability of the Pakistani economy—and ultimately its frequent collapses—hinges greatly on how subsequent...

Published 13 Jun, 2024 08:12am

Business & Finance

SBP expected to hold rates on Monday ahead of IMF deal, Reuters poll finds

KARACHI: A Reuters poll found that the State Bank of Pakistan (SBP) is expected to hold its key interest rate at a...

Updated 26 Apr, 2024 09:49pm

Pakistan

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 20	279.76
USD PKR Interbank Buying / Feb 20	279.56
USD to Japanese Yen / Feb 23	154.49
USD to Swiss Franc / Feb 23	0.77
Pound Sterling to USD / Feb 23	1.35
Euro to USD / Feb 23	1.18
SOFR % / Feb 20	3.66

Stock	Volume
S&P 500 / Feb 20	6,909.51
Tokyo Nikkei / Feb 20	56,825.70
Nasdaq / Feb 20	22,886.07
FTSE 100 / Feb 20	10,686.89
Dow Jones / Feb 20	49,625.97
Germany DAX 30 / Feb 20	25,260.69
France CAC40 / Feb 20	8,515.49
India Sensex / Feb 23	83,086.64
Hang Seng / Feb 23	26,977.53

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 19	15,780
Gold 10 Grams PKR / Feb 20	451,356
Petrol/Litre / Feb 23	258.17
Crude Oil USD/Barrel / Feb 23	65.59
Gold Spot USD/Ounce / Feb 23	5,159.67
Diesel/Litre / Feb 23	275.70
Cotton US¢/pound / Feb 23	65.29

Gainers
Losers
Leaders

Stock	Price
Itanz Technologies / Feb 23 Itanz Technologies Limited(ITANZ)	13.96 ▲ 1.27 (10.01%)
Kohinoor Ind. / Feb 23 Kohinoor Industries Limited(KOIL)	50.60 ▲ 4.6 (10%)
S.S.Oil / Feb 23 S.S.Oil Mills Limited(SSOM)	563.62 ▲ 51.24 (10%)
Ahmad Hassan / Feb 23 Ahmad Hassan Textile Mills Limited(AHTM)	92.88 ▲ 8.44 (10%)
786 Invest Ltd / Feb 23 786 Investments Limited(786)	23.56 ▲ 2.14 (9.99%)
Nazir Cotton Mills / Feb 23 Nazir Cotton Mills Limited(NCML)	16.50 ▲ 1.49 (9.93%)
Sanghar Sugar / Feb 23 Sanghar Sugar Mills Limited(SANSM)	123.45 ▲ 10.93 (9.71%)
F. Nat.Equities / Feb 23 First National Equities Limited(FNEL)	1.38 ▲ 0.12 (9.52%)
Prosperity Weav / Feb 23 Prosperity Weaving Mills Limited(PRWM)	46 ▲ 4 (9.52%)
First Treet Manuf / Feb 23 First Treet Manufacturing Modaraba(FTMM)	17.19 ▲ 1.48 (9.42%)

Stock	Price
Blue-Ex Ltd / Feb 23 Blue-Ex Limited(BLUEX)	6.07 ▼ -55.99 (-90.22%)
Trust Sec.& Brokerage Ltd (R) / Feb 23 Trust Securities & Brokerage Limited (R)(TSBLR1)	0.42 ▼ -0.1 (-19.23%)
First AL-Noor Mod. / Feb 23 First Al-Noor Modaraba(FANM)	5.43 ▼ -0.78 (-12.56%)
Trust Sec.& Brok. / Feb 23 Trust Securities & Brokerage Limited(TSBL)	1.57 ▼ -0.22 (-12.29%)
Ist.Capital Sec / Feb 23 First Capital Securities Corporation(FCSC)	4.57 ▼ -0.64 (-12.28%)
LSE Capital (R) / Feb 23 LSE Capital Limited.(Right)(LSECLR)	1.01 ▼ -0.13 (-11.4%)
Parmount Sp. / Feb 23 Paramount Spinning Mills Limited(PASM)	5.76 ▼ -0.73 (-11.25%)
Wasl Mobility Mod. / Feb 23 Wasl Mobility Modaraba(WASL)	5.16 ▼ -0.58 (-10.1%)
Saritow Spinning / Feb 23 Saritow Spinning Mills Limited(SSML)	22.73 ▼ -2.53 (-10.02%)
JS Investments / Feb 23 JS Investments Limited(JSIL)	49.28 ▼ -5.48 (-10.01%)

Stock	Volume
K-Electric Ltd. / Feb 23 K-Electric Limited(KEL)	29,735,646 ▼ -0.25
WorldCall Telecom / Feb 23 Worldcall Telecom Limited(WTL)	23,635,199 ▼ -0.03
F. Nat.Equities / Feb 23 First National Equities Limited(FNEL)	20,436,880 ▲ 0.12
Trust Sec.& Brokerage Ltd (R) / Feb 23 Trust Securities & Brokerage Limited (R)(TSBLR1)	17,416,795 ▼ -0.1
B.O.Punjab / Feb 23 The Bank of Punjab(BOP)	14,578,946 ▼ -1.44
P.T.C.L. / Feb 23 Pakistan Telecommunication Company Ltd(PTC)	12,589,342 ▼ -1.12
Pak Int.Bulk / Feb 23 Pakistan International Bulk Terminal(PIBTL)	11,711,033 ▼ -1.04
Hascol Petrol / Feb 23 Hascol Petroleum Limited(HASCOL)	9,725,386 ▼ -1.84
National Bank / Feb 23 National Bank of Pakistan(NBP)	8,971,832 ▼ -1
Nishat ChunPow / Feb 23 Nishat Chunian Power Limited(NCPL)	8,036,057 ▼ -5.56

Pakistani economy

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