Trends - SBA - Business Recorder

SBA

Reverse migration

EDITORIAL: One by one the social spillovers of the financial meltdown are beginning to show. Now there’s a very...

Published 18 Oct, 2023 06:09am

Opinion

Loss-making SOEs must be privatized

The SOEs are required to be privatised. This compulsion is driven by no other reason than that going forward, no...

Updated 14 Oct, 2023 06:09am

Q1FY24: $3.527bn borrowed from multiple financing sources

Economic Affairs Division data shows the country received $320.92 million in September 2023

Updated 14 Oct, 2023 05:16pm

Editorials

Sheer blackmail

EDITORIAL: With revenue-specific conditions of the IMF programme necessitating a progressive revision of the tax...

Published 14 Oct, 2023 05:32am

IMF’s Fiscal Monitor report: Macroeconomic indicators show deterioration

Fund projects government primary balance at 0.4 percent for 2024

Updated 13 Oct, 2023 09:51am

Editorials

Growth rate downgrade

EDITORIAL: In a report titled “World Economic Outlook 2023 Navigating Global Divergences,” the International...

Published 13 Oct, 2023 05:50am

Editorials

Reconciliation not confrontation

EDITORIAL: If chatter coming out of PML-N’s recent huddle is anything to go by, the party leadership has wisely...

Published 11 Oct, 2023 03:10am

Opinion

Privatising Discos: tread with caution

On 13th July 2023, IMF’s Executive Board while approving US$3 billion Stand-by Arrangement (SBA) for Pakistan...

Updated 10 Oct, 2023 06:49am

Opinion

Poverty on the rise

Poverty levels have risen from 34.2 percent in 2022 to 39.4 percent in 2023, pushing 12.5 million people below the...

Updated 09 Oct, 2023 07:03am

First review under SBA becomes due: Ministries spurred into action

Ministry of Finance asks all ministries to implement all the commitments made with the International Monetary Fund

Updated 05 Oct, 2023 09:47am

Editorials

Milking the system for what it is worth

EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary...

Published 04 Oct, 2023 06:20am

Business & Finance

World Bank revises growth downward to 1.7pc

ISLAMABAD: The World Bank has revised downward Pakistan’s GDP growth projection for the current fiscal year 2023-24...

Published 04 Oct, 2023 06:20am

Editorials

Pledged flood relief

EDITORIAL: Pakistan is concerned, and rightly so, that donors that pledged $10 billion in aid after last year’s...

Published 26 Sep, 2023 06:33am

Fiscal consolidation: Ministries, divisions asked to strictly adhere to funds release strategy

ISLAMABAD: Secretary Finance, Imdad Ullah Bosal has asked ministries and divisions to strictly adhere to the funds...

Updated 24 Sep, 2023 09:15am

Editorials

Financial account versus current account

EDITORIAL: The expectation during negotiations between the International Monetary Fund (IMF) and the government of...

Published 20 Sep, 2023 06:28am

Opinion

Private savings, govt dissaving: debt

Savings by an individual/householder or a government have different objectives and constraints and while a healthy...

Updated 18 Sep, 2023 07:33am

PM likely to meet IMF MD on UNGA sidelines

ISLAMABAD: Pakistan is looking for a meeting between caretaker Prime Minister Anwaar-ul-Haq Kakar and Managing...

Updated 16 Sep, 2023 09:08am

Editorials

Adding insult to injury

EDITORIAL: The proposal of the senate standing committee on cabinet secretariat, that the government withdraw all...

Published 06 Sep, 2023 03:37am

Opinion

Power bills and public anger

The usual jargon was issued by the Prime Minister’s Office on 27, Sunday, after an inconclusive emergent meeting...

Published 04 Sep, 2023 06:21am

Editorials

Initiative required from caretakers

EDITORIAL: The induction of well-respected technocrats in the caretaker cabinet on 17 August was widely hailed but a...

Published 04 Sep, 2023 06:21am

Editorials

Setting the record straight

EDITORIAL: Spare a thought for the caretaker setup. Their only fault, after all, is being in the wrong place at the...

Published 02 Sep, 2023 06:30am

Editorials

Woeful PKR slide

EDITORIAL: The rupee’s worrisome depreciation in the open market is a symptom and not a cause of the economic...

Published 30 Aug, 2023 03:33am

Editorials

Caretakers’ flawed approach to power bills

EDITORIAL: Spontaneous resistance to the July electricity bills, as opposed to a politically engineered resistance ...

Updated 29 Aug, 2023 06:40am

Opinion

Trade conundrum: who is at fault?

The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to...

Published 28 Aug, 2023 06:27am

Editorials

The IMF conditions

EDITORIAL: The statement by the Resident Representative of the International Monetary Fund (IMF) in Islamabad on 23...

Published 28 Aug, 2023 06:27am

Opinion

Daunting challenges facing the caretakers

The caretaker government has stepped in amidst massive economic and political challenges demanding promulgation of ...

Published 26 Aug, 2023 06:13am

Shamshad holds virtual meeting with IMF staff team

ISLAMABAD: Over a week after assuming charge of caretaker Finance Minister, Dr Shamshad Akhtar, has reportedly held...

Updated 26 Aug, 2023 06:27pm

Opinion

Need for greater discretionary economic policy

The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By...

Updated 25 Aug, 2023 07:08am

Govt required to keep SOEs under MoF oversight: IMF

KARACHI: The International Monetary Fund’s (IMF) representative in Pakistan on Wednesday said that the reform...

Updated 24 Aug, 2023 09:49am

Editorials

The state of the economy

EDITORIAL: Contractionary fiscal and monetary policies agreed with the International Monetary Fund (IMF) under the...

Updated 24 Aug, 2023 06:44am

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	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
India Sensex / May 3	74412.88
Hang Seng / May 3	18417.07
FTSE 100 / May 3	8208.23
Germany DAX 30 / May 3	17993.66

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Petrol/Litre / May 3	288.49
Crude Oil USD/Barrel / May 3	79.12
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2308.69
Diesel/Litre / May 3	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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