Trends - trade deficit - Business Recorder

trade deficit

Current account posts lowest deficit in 13 years

KARACHI: The country’s current account recorded 13-year lowest deficit in the last fiscal year 2023-24 (FY24)...

Published 20 Jul, 2024 05:34am

Opinion

Role modelling values

Children do not follow what you say but what you do. What you value you emulate. Behaviour is the key to values...

Published 17 Jul, 2024 02:42am

Business & Finance

FY24 exports soar 10.54pc to $30.645bn YoY

ISLAMABAD: The country’s exports increased by 10.54 percent ($2.921 billion) to $30.645 billion during the fiscal...

Published 03 Jul, 2024 06:46am

Markets

Pakistan’s trade deficit contracts 12% YoY to $24.1bn in FY24

Exports increase by 10.5% to $30.7bn while imports decline 0.8% to $54.7bn
However, trade deficit increases by 15.13% to $2.39 billion in June

Updated 02 Jul, 2024 08:10pm

BR Research

Current account roundup 11MFY24

The current account posted a deficit of $270 million in May 2024 after three straight months of surplus. The deficit...

Published 24 Jun, 2024 08:55am

Business & Finance

July-May exports jump 10.65pc to $28.07bn YoY

ISLAMABAD: The country’s exports increased by 10.65 percent ($2.702 billion) to $28.070 billion during the first ...

Published 04 Jun, 2024 06:28am

Pakistan

Pakistan’s trade deficit narrows 15.25% YoY to $21.73bn in 11MFY24

Exports increase by 10.65% to $28.07bn, while imports decline 2.37% to $49.8bn

Updated 03 Jun, 2024 10:52pm

Business & Finance

Trade deficit: KATI President concerned at IMF forecast

KARACHI: The Korangi Association of Trade and Industry (KATI) President Johar Qandhari has expressed deep concern...

Published 30 May, 2024 06:19am

Pakistan

Pakistan’s trade deficit shrinks 18% YoY to $19.5bn in 10MFY24

Exports increase by 9.1% to $25.3bn, while imports decline 4.1% to $44.8bn

Updated 02 May, 2024 08:54pm

Business & Finance

C/A posts 3rd highest monthly surplus in March

KARACHI: The country’s external account is performing well, posting the third highest monthly current account...

Published 23 Apr, 2024 03:41am

Business & Finance

UBG concerned at trade deficit widening with regional counterparts

KARACHI: United Business Group (UBG) leaders Zubair Tufail, President, Khalid Tawab, Regional chairman and Hanif...

Published 04 Apr, 2024 04:56am

Jul-Mar trade deficit shrinks 24.94pc to $17.03bn YoY

Country’s exports increases by eight percent

Updated 02 Apr, 2024 09:51am

Pakistan

Pakistan’s trade deficit shrinks 25% to $17.03bn in 9MFY24

However, trade deficit in March alone higher on yearly and monthly basis

Updated 01 Apr, 2024 10:10pm

Business & Finance

Export of goods & services to KSA up by 27pc in 7MFY23

ISLAMABAD: Pakistan’s export of goods and services to Saudi Arabia witnessed an increase of 27 per cent during the...

Published 09 Mar, 2024 04:59am

Markets

Pakistan’s trade deficit narrows 30% to $14.9bn in 8MFY24

Deficit stood at $21.3bn in 8MFY23

Updated 01 Mar, 2024 10:28pm

July-January FY24: Trade deficit shrinks 32.7pc to $13.16bn YoY

Pakistan Bureau of Statistics says exports increased by 7.87 percent to $17.778 billion

Updated 21 Feb, 2024 01:04pm

Editorials

Lack of empathy

EDITORIAL: As Pakistan’s economic team leaders claim that stabilisation of the economy has been achieved citing a...

Published 21 Feb, 2024 05:29am

World

Iran’s Raisi says US presence ‘disrupts’ Middle East security

TEHRAN: Iranian President Ebrahim Raisi on Wednesday criticised the deployment of US troops in the Middle East,...

Published 07 Feb, 2024 08:08pm

Business & Finance

US trade gap narrows in 2023 to smallest in three years

WASHINGTON: The US trade deficit narrowed in 2023 to the smallest in three years, according to government data...

Published 07 Feb, 2024 08:04pm

Business & Finance

Jul-Jan trade deficit narrows 32.66pc YoY

ISLAMABAD: Pakistan’s trade deficit narrowed down by 32.66 per cent in the first seven months (July-January) of ...

Published 03 Feb, 2024 05:46am

Markets

KSE-100 up nearly 1% as bullish trend persists

Bullish momentum persisted at the Pakistan Stock Exchange (PSX) on account of slightly improved economic indicators...

Updated 02 Feb, 2024 06:32pm

Pakistan

Pakistan’s trade deficit contracts 33% to $13.2bn in 7MFY24

Pakistan’s trade deficit shrank 33% to $13.167 billion during July-January (7MFY24) on account of a considerable...

Updated 02 Feb, 2024 09:16pm

Business & Finance

Dec CA posts surplus of $397m

KARACHI: The country’s current account has improved significantly and recorded a $ 397 million surplus in December...

Published 18 Jan, 2024 05:54am

Business & Finance

Policy rate likely to remain unchanged

KARACHI: The State Bank of Pakistan (SBP) is most likely to maintain the policy rate at 22 percent in the next...

Updated 06 Jan, 2024 09:47pm

Editorials

Trade deficit: welcome decline?

EDITORIAL: Pakistan Bureau of Statistics (PBS) released balance of trade figures for July-December 2023, which...

Published 04 Jan, 2024 05:41am

Pakistan

Pakistan’s trade deficit shrinks over 34% to $11.15bn in 6MFY24

Stood at $16.97bn in same period of the previous year

Updated 02 Jan, 2024 09:03pm

Business & Finance

US October trade deficit widens further on falling exports

WASHINGTON: The US trade deficit continued to grow in October due to a fall in exports, according to government data...

Published 06 Dec, 2023 07:39pm

Business & Finance

Jul-Nov trade deficit shrinks 33.59pc to $9.378bn YoY

ISLAMABAD: Pakistan’s trade deficit contracted by 33.59 percent to $9.378 billion during the first five months...

Published 02 Dec, 2023 05:09am

Pakistan

Pakistan’s trade deficit narrows 34% to $9.38bn in 5MFY24

Stood at $14.28bn in same period of the previous year

Updated 01 Dec, 2023 10:44pm

Editorials

Trade deficit

EDITORIAL: Pakistan Bureau of Statistics (PBS) trade data for July-October 2023 notes an improvement in the balance...

Published 03 Nov, 2023 06:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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