Perspectives - Business Recorder

Perspectives

Return of the turncoats: a familiar tale in Balochistan politics

Recent years have seen tumultuous political conditions in Pakistan with no one party able to form a clear majority,... Published 02 May, 2024 12:02am

Perspectives

Practical significance of the global security initiative (GSI)

On April 21, 2024, the Global Security Initiative (GSI) celebrated its second anniversary since its launch. This... Published 27 Apr, 2024 08:28pm

Perspectives

Iranian president’s visit: outcomes may be short of expectations, but exchange is significant

The visit of Iranian President Dr Seyyed Ebrahim Raisi to Pakistan has perhaps, partially repaired the trust that... Published 24 Apr, 2024 08:44pm

Ivy Leagues, so-called ‘anti-semitism’ and the US

American higher learning institutions are at an inflection point. Last week, prestigious Columbia University – the...

Pakistan’s investment pitch deck: fix security issues and terrorism

“The menace of terrorism is again rearing its ugly head, threatening our nation’s security as well as regional peace...

‘Canadian dream’: is it really as appealing for Pakistanis as it used to be?

Popularised by the best-seller, Epic America (1931), the term American dream became synonymous with the story of...

From vulnerability to opportunity: climate diplomacy for a Pakistan-GCC sustainable future

Climate change poses an existential threat to Pakistan and the Middle Eastern countries. Its disastrous...

Global events and effects on Pakistan’s inflation

What’s in store as India prepares for Lok-Sabha elections 2024

A blood-stained Eid in Gaza will be remembered

Gwadar flooding: govt should take climate change more seriously

Islamabad's Sunday Bazaar reveals city's diverse socioeconomic landscape

Future success hinges on its adaptability, necessitating government support through investments in infrastructure improvements, waste management, and vendor training

Updated 01 Apr, 2024 01:51pm

BFA 2024 concludes on sanguine note despite challenges

Themed as ‘Asia and the World: Common Challenges, Shared Responsibilities’, the Boao Forum for Asia (BFA) annual... Published 31 Mar, 2024 10:02pm

How tech is transforming SDGs into reality

Working for a tech firm, I find many opportunities to delve into the impact that our work has on the globe today. As... Published 27 Mar, 2024 03:21pm

For Gaza’s children, Eid will be amid death and destruction

Muslim children will be celebrating Eid at the end of the holy month of Ramadan. They will go for Eid prayers with... Published 24 Mar, 2024 06:05pm

Iran-Pakistan gas pipeline: a case that deserves greater attention

The first 80 kilometers of the Iran-Pakistan gas pipeline project have been approved for development inside... Published 22 Mar, 2024 01:07am

Economic agenda: Pakistan will continue walking on a tightrope

After months of political volatility in Pakistan, the dust finally settled over the formation of a new government. A... Published 18 Mar, 2024 10:18am

Never has an economic roadmap been more important in Pakistan

It was in June 2022 that Pakistan’s CPI-based inflation figure topped 20%. It has since then stood stubbornly at... Updated 13 Mar, 2024 12:18pm

2024 may not serve the climate cause well

If 2023 wasn’t a good year for climate change, 2024 may not be any better – for those who wanted to hear some good... Published 08 Mar, 2024 03:53pm

The new coalition and the way forward

When it comes to the outlook of Pakistan’s political sphere, there are questions on whether stability or... Published 05 Mar, 2024 06:15pm

Beware the Ides of March

The expression ‘Beware the Ides of March’ was used in renowned playwright William Shakespeare’s epic Julius Caesar.... Published 03 Mar, 2024 03:24pm

Challenges and opportunities in Pakistan’s real estate Sector

Pakistan’s once-booming real estate sector is facing a crisis, with declining home values and skyrocketing interest... Published 01 Mar, 2024 12:06pm

Longer working hours, productivity: there is no correlation

We have a lot to thank the Industrial Revolution for including innovations, efficiency, and the infamous 9am-5pm... Published 27 Feb, 2024 06:38pm

IT sector will not flourish with frequent social media/internet blockage

If the government of Pakistan wants to see the IT sector flourish and its exports to line up – the government must... Published 23 Feb, 2024 05:14pm

Key takeaways from the 15th edition of KLF

The latest edition of the Karachi Literature Festival (KLF) wrapped on Sunday, bringing together speakers and... Updated 19 Feb, 2024 11:53pm

Reimagining Pakistan’s academic pedagogy

In a world driven by knowledge and innovation, the importance of a competitive education system cannot be overstated... Published 15 Feb, 2024 07:42pm

Government-transition and PSX performance

More than 1/4th of the total market capitalisation of companies listed at the Pakistan Stock Exchange was added in... Updated 12 Feb, 2024 04:01pm

Pakistan’s next premier: another case of political uncertainty

Riggings and fraud allegations surrounding the election results in Pakistan have sparked widespread attention and... Published 11 Feb, 2024 11:47pm

General Elections 2024: a job well done by the caretaker govt?

The caretaker government had one job – hold timely, free/fair elections – and that was put to the test today. To... Published 09 Feb, 2024 12:11am

Pakistan didn’t default, but its citizens certainly did

Floods came and destroyed our homes — there was little we could do, we were told. We managed to endure, and tried to... Published 07 Feb, 2024 05:28pm

The manifesto monitor

Manifestoes are a contract between political parties and the voters, and parties are bound to deliver on it.... Published 07 Feb, 2024 09:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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