Trends - SBP - Business Recorder

SBP

Sept workers’ remittances up 5pc to $2.206bn MoM

KARACHI: Inflows of workers’ remittances posted an increase of over 5 percent in September 2023 compared to August...

Updated 11 Oct, 2023 11:03am

Business & Finance

HMBL board approves setting up of EC

KARACHI: The board of directors of Habib Metropolitan Bank Limited has approved the establishment of an Exchange...

Published 11 Oct, 2023 03:09am

Markets

Habib Metropolitan Bank says it will establish wholly-owned EC

The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,...

Published 10 Oct, 2023 05:44pm

Pakistan

Pakistan’s remittances clock in at $2.2bn in September, 5.5% higher on monthly basis

However, inflow 11% lower year-on-year
Cumulative figure for July-September stands at $6.33bn, nearly 20% lower compared with same three-month period of FY23

Updated 10 Oct, 2023 10:42pm

Markets

PBC calls for investigation after Pakistan’s exports to China ‘underreported by $594mn’

Pakistan Business Council says FBR should also look into the possibility of loss of tax revenue

Updated 10 Oct, 2023 10:48pm

Business & Finance

Technology upgradation to boost operations: Faysal Bank plans to expand its branch network to 1,000

KARACHI: Pakistan’s first fully conventional to Islamic converted bank, Faysal Bank Limited (FBL) has planned to...

Published 10 Oct, 2023 06:19am

Opinion

Real reforms in sight?

The initial signs of real reforms are in sight. This includes crackdown on smuggling of goods and currencies through...

Updated 09 Oct, 2023 09:35am

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

SME Bank may stay as SIFC seeks a reactivation plan

ISLAMABAD: The caretaker government is likely to overturn a decision of Shehbaz Sharif-led government on Small and...

Updated 09 Oct, 2023 09:34am

SBP explains hike in interest rates

ISLAMABAD: There is a critical need to bring inflation down so as to insulate public from the regressive ‘inflation...

Updated 08 Oct, 2023 10:26pm

Business & Finance

July-August 2022-23: Exports to China soar 5.16pc to $350.297m YoY: SBP

ISLAMABAD: Pakistan’s exports of goods and services to China witnessed an increase of 5.16 percent during the ...

Published 07 Oct, 2023 06:01am

Pakistan

Solar panel import scam: FBR tries to put the blame on banks

ISLAMABAD: The Federal Board of Revenue (FBR) has tried to put the entire blame on banks for not checking massive...

Published 06 Oct, 2023 03:03am

Business & Finance

Govt debt stocks hit historic high of Rs64trn by Aug-end

KARACHI: The federal government’s total debt (domestic and external) stocks continued upward journey, reaching...

Updated 06 Oct, 2023 09:29am

Business & Finance

Forex reserves fall by $131m

KARACHI: The country’s total liquid foreign exchange reserves declined by $131m to stand at $ 13.031 billion at ...

Published 06 Oct, 2023 03:03am

Business & Finance

Bank deposits perfectly safe: SBP

KARACHI: The State Bank of Pakistan (SBP) on Wednesday said bank deposits of customers are perfectly safe owing to a...

Published 06 Oct, 2023 03:03am

Business & Finance

Bank deposits in Pakistan are perfectly safe, clarifies SBP

Central bank's statement comes after certain sections of the media, on basis of a statement given by a deputy governor SBP, imply as if bank deposits above Rs500,000 are unsafe

Updated 05 Oct, 2023 10:41pm

50bps hike in policy rate adds Rs300bn to domestic debt: MoF

ISLAMABAD: The Finance Ministry has disclosed that 0.5 percent (50 basis points) increase in interest rate...

Updated 05 Oct, 2023 11:06am

Editorials

No respite from ever-rising inflation

EDITORIAL: Consumer Price Index (CPI) rose by 4 percentage points in September – 31.4 percent year on year against...

Updated 05 Oct, 2023 06:43am

FBR asked to probe solar panel import scam

ISLAMABAD: The Senate Standing Committee on Finance directed the Federal Board of Revenue (FBR), on Wednesday, to...

Updated 05 Oct, 2023 09:46am

BR Research

Food inflation: is this the peak?

The monthly inflation report card has brought no reason for respite for the policy makers. The deceleration in...

Published 04 Oct, 2023 08:53am

Business & Finance

Solar panels import scam: FBR, SBP heads to brief Senate panel today

ISLAMABAD: Chairman Federal Board of Revenue (FBR) and Governor State Bank of Pakistan (SBP) will brief Senate...

Published 04 Oct, 2023 06:20am

Fiscal adjustment hamstrung by interest payments

Ministry of Planning, Development and Special Initiatives says economy has slowly and steadily started recovering from the downturn in growth

Updated 04 Oct, 2023 10:00am

Technology

Adoption of digital payments can boost GDP by 7pc: study

KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7...

Published 04 Oct, 2023 06:20am

Business & Finance

Bank Alfalah board approves setting up of EC

KARACHI: The Board of Directors of Bank Alfalah Limited, in its meeting held in Abu Dhabi, UAE on Tuesday approved...

Published 04 Oct, 2023 06:20am

Business & Finance

Bank Alfalah to establish wholly-owned EC

Becomes sixth commercial bank to make such announcement to date

Updated 03 Oct, 2023 10:44pm

Opinion

Taming inflation: pushing the boulder uphill

According to a recent survey, inflation and poverty are the biggest issues in Pakistan. No one could have any doubts...

Updated 02 Oct, 2023 07:16am

Settlement of employees’ obligations: SME Bank allowed to use available surplus funds

ISLAMABAD: Finance Division has given its concurrence to allow SME Bank to utilise available surplus funds and...

Updated 02 Oct, 2023 09:59am

PPIB urges SBP to clear $700m dues of power projects

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has urged State Bank of Pakistan (SBP) to clear pending...

Updated 02 Oct, 2023 10:00am

Markets

KSE-100 sees 12% increase in 3Q2023 amid positive sentiment

Pakistan’s benchmark KSE-100 Index witnessed double-digit growth of 12% in 3Q2023, as sentiments improved on back of...

Updated 30 Sep, 2023 04:45pm

Supplements

Dollar East – For All Currency Needs

TEXT: Dollar East is the most trusted name in the exchange business of Pakistan. It is an A-Category exchange ...

Published 29 Sep, 2023 06:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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