Trends - trade deficit - Business Recorder

trade deficit

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

Business & Finance

Significant decline in trade deficit a ‘good omen’: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Thursday termed the notable shrink to the trade ...

Published 03 Nov, 2023 06:11am

Jul-Oct FY24: Trade deficit shrinks 34.7pc YoY

Country’s exports increase by 0.66 percent to $9.617 billion during July-October 2023-24

Updated 02 Nov, 2023 09:57am

Business & Finance

PBF voices its concern over decline in country’s investment-to-GDP ratio

KARACHI: The Pakistan Business Forum (PBF) says investment-to-GDP ratio in the last fiscal year stood at 13.6...

Published 12 Oct, 2023 05:57am

Business & Finance

US trade deficit narrows to nearly three-year low in August

WASHINGTON: The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely...

Published 05 Oct, 2023 07:10pm

Business & Finance

Jul-Sep trade deficit shrinks 42.25pc to $5.289bn YoY

ISLAMABAD: Pakistan’s trade deficit narrowed down by 42.25 percent in the first quarter (July-Sept) of the current...

Published 03 Oct, 2023 06:02am

Pakistan

Import compression: Pakistan’s trade deficit narrows 42% to $5.29bn in 3MFY24

Balance stood at $9.16bn in same period of previous year

Updated 02 Oct, 2023 06:19pm

Business & Finance

Jul-Aug CAD declines 54pc to $935m YoY

KARACHI: The country’s current account deficit sharply declined by 54 percent during the first two months of this...

Published 15 Sep, 2023 06:31am

Business & Finance

US trade deficit widens slightly on rise in imports

WASHINGTON: A rise in imports widened the US trade deficit in July, government data showed Wednesday, although the...

Published 06 Sep, 2023 05:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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