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SIFC

Aurangzeb, UAE envoy discuss establishment of SIFC

ISLAMABAD: Ambassador of the United Arab Emirates (UAE) to Pakistan Hamad Obaid Ibrahim Salim Alzaabi called on...

Published 21 Mar, 2024 05:22am

Country needs ‘another’ IMF programme: PM

Says rising electricity and gas theft, low tax-to-GDP ratio and rapid increase in expenditure need to be dealt with seriously

Updated 21 Mar, 2024 09:54am

Non-submission of comments: PHC attaches salary of FBR chief?

ISLAMABAD: The Peshawar High Court (PHC) has attached the salary of the chairman of the Federal Board of Revenue...

Updated 20 Mar, 2024 08:46am

Business & Finance

PHHSA applauds PM’s agri measures

LAHORE: Welcoming the measures announced by Prime Minister Shehbaz Sharif to strengthen the ailing agricultural...

Published 19 Mar, 2024 04:53am

Foreign investment: Ministry under pressure to open up insurance sector

SECP Chairman Akif Saeed says that draft Insurance Ordinance had been shared with the Ministry of Commerce

Updated 18 Mar, 2024 09:53am

Green energy: NEECA prepares ‘concept note’ to seek assistance

Forum apprised that the government of Punjab has already received investor interest of around $ 4.3 billion in the Green Hydrogen projects

Updated 17 Mar, 2024 08:40pm

Editorials

Handing over Discos to provinces

EDITORIAL: The new government is inclined towards provincialization of power distribution companies (Discos) whereas...

Published 16 Mar, 2024 06:26am

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Opinion

It’s time for us to walk the talk!—II

Entrepreneurs in Pakistan are second to none with numerous having earned recognition and respect internationally....

Published 14 Mar, 2024 03:00am

PM convenes special session of SIFC today

ISLAMABAD: Prime Minister Shehbaz Sharif has convened a special session of the SIFC Apex Committee on Thursday...

Updated 14 Mar, 2024 09:06am

Markets

Weekly Cotton Review: Prices fluctuate amid low trade volumes

KARACHI: Domestic cotton prices have shown a mixed trend recently, influenced by the fluctuations in New York cotton...

Published 11 Mar, 2024 04:45am

Editorials

SOS from APTMA

EDITORIAL: All Pakistan Textile Mills Association (APTMA) has raised a very loud, very serious red flag, warning the...

Published 11 Mar, 2024 04:45am

Editorials

Sanctity of procurement procedure

EDITORIAL: It’s a shame that the M6 Hyderabad-Sukkur Motorway – the last piece of the puzzle in establishing a...

Published 07 Mar, 2024 04:59am

Saudi team briefed about SIFC

ISLAMABAD: A high-level delegation of Al-Ajlan Holding Group of the Kingdom of Saudi Arabia visited the Special...

Updated 07 Mar, 2024 09:52am

Opinion

‘IMF programme will test SIFC’

This is apropos a Business Recorder op-ed “IMF programme will test SIFC” carried by the newspaper last Thursday....

Published 05 Mar, 2024 03:09am

Opinion

Balancing policies for private sector growth

In the medium term, addressing Pakistan’s balance of payment problem requires a policy framework centered on...

Published 04 Mar, 2024 04:15am

Business & Finance

Power consumption trends indicate de-industrialization in full swing

LAHORE: Power generation and consumption trends indicate that deindustrialization is in full swing, said sources. ...

Published 03 Mar, 2024 02:55am

Opinion

Challenging times

With the unfolding of a new chapter in Pakistan’s checkered political history, the much turbulent and fought for...

Updated 02 Mar, 2024 04:37am

Opinion

IMF programme will test SIFC

Two is a trend, they say, and twice in two weeks now the market has shrugged off concerns of international rating...

Published 29 Feb, 2024 04:41am

Finance minister’s slot: New govt may not accept non-party technocrat

ISLAMABAD: Pakistan Muslim League (PML-N)-led coalition government may be reluctant to accept a non-party technocrat...

Updated 29 Feb, 2024 01:44pm

Editorials

State of the economy: Moody’s take

EDITORIAL: Moody’s Investor Service, one of the three major international rating agencies, has kept Pakistan ...

Published 29 Feb, 2024 04:41am

Business & Finance

Bulgarian envoy underscores need to enhance bilateral trade

LAHORE: The Ambassador of Bulgaria, Irena Gancheva, emphasised the necessity for Pakistan and Bulgaria to delve into...

Published 27 Feb, 2024 03:06am

Opinion

FDI: challenges and the way forward

An essential component of a robust and open economic system, Foreign Direct Investment (FDI) serves as a crucial...

Published 26 Feb, 2024 05:07am

Jhimpir wind project: SIFC asks Nepra, PPIB to resolve issues

ISLAMABAD: The Special Investment Facilitation Council (SIFC) Secretariat has reportedly pushed the National...

Updated 26 Feb, 2024 09:49am

Business & Finance

SIFC has transformed investment landscape, says envoy to US

WASHINGTON: Ambassador of Pakistan to the United States, Masood Ahmed Khan has said that the Special Investment...

Published 25 Feb, 2024 04:51am

Markets

Global lubricant giant Gulf Oil enters Pakistan

In a key development for the country’s oil sector, global lubricants giant Gulf Oil announced that it has entered...

Published 24 Feb, 2024 09:34pm

Markets

Nishat Group seeks inclusion of its two plants in IGCEP

ISLAMABAD: M/s Nishat Group has asked National Transmission and Despatch Company (NTDC) to include its two power...

Published 23 Feb, 2024 06:36am

Agreement with US: PM optimistic about salt export boost prospects

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has expressed the hope that subsequent to the signing of the...

Updated 22 Feb, 2024 09:49am

Opinion

Economic priorities for the incoming govt

Pakistan has entered a pivotal phase of governance following its recent general elections, as a new government takes...

Published 21 Feb, 2024 05:29am

Pink salt export: PM witnesses signing of JV between PMDC and Saltworks

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has stated that the government has introduced comprehensive...

Updated 21 Feb, 2024 09:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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