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energy prices

Inflation: is the worst over?

The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the...

Updated 03 May, 2024 09:55am

Opinion

Rising energy prices: adverse impact on masses

In Pakistan, 64 percent of total energy demand is met by fossil fuels, while hydropower’s and renewables’ share...

Published 04 Apr, 2024 04:56am

Markets

Romanian govt lowers regulated energy prices in support scheme

BUCHAREST: Romania’s government on Thursday lowered the price levels in its energy support scheme for households,...

Published 30 Mar, 2024 04:58am

Pakistan

‘Price hike can ultimately lead to political crisis’

KARACHI: Chairman of National Business Group Pakistan, Mian Zahid Hussain said that increasing prices of ...

Published 22 Mar, 2024 04:57am

BR Research

Rate cut in the offing?

The bond market is expecting a rate cut soon while the forex players are expecting the currency to be under...

Published 08 Mar, 2024 09:14am

Business & Finance

Increase in prices of energy, petrol termed disaster for industry

KARACHI: President of United Business Group (UBG), Zubair Tufail has said that the frequent increase in the prices ...

Published 20 Feb, 2024 03:09am

Business & Finance

FPCCI president opposes frequent hikes in energy prices

KARACHI: Atif Ikram Sheikh, President FPCCI, has strongly demanded that the government reevaluate its policy of...

Published 19 Feb, 2024 05:24am

Business & Finance

Policy rate kept unchanged at 22pc on inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy...

Published 30 Jan, 2024 04:52am

SBP terms FY23 ‘extraordinarily challenging’

KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,...

Updated 30 Dec, 2023 08:16pm

Regionally competitive level sought: APTMA demands power tariff at 9-10 cents per kWh

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal...

Updated 22 Dec, 2023 09:19am

Fertilizer at notified rates directed: Energy price hike propelled inflation to 29.2pc in Nov, ECC told

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday directed the relevant ministries to...

Updated 14 Dec, 2023 09:13am

Opinion

Rising global economic uncertainties

‘Businesses, governments, and investors were already navigating a foggy global landscape before the tragic events...

Updated 03 Nov, 2023 07:13am

Business & Finance

FCEPL announces Q3’23 results

KARACHI: Friesland Campina Engro Pakistan Limited (FCEPL) announced its financial results for Q3, 2023. The company...

Published 17 Oct, 2023 05:51am

Business & Finance

Karachi-based steel industry says stuck in legal struggle

ISLAMABAD: The inordinate delay in decision-making is fatal for Karachi-based industry which is suffering a lot due...

Published 04 Oct, 2023 06:20am

BR Research

Inflation drags the economy further

Waiting for inflation to taper is like Samuel Beckett’s Waiting for Godot, a theater in absurdity. It is showing no...

Published 03 Oct, 2023 08:57am

BR Research

Agha steel: Gold worthy?

It has been three years since the long-steel rebar maker, Agha Steel went public with an initial public offering...

Published 28 Sep, 2023 08:58am

Opinion

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are...

Published 28 Sep, 2023 05:33am

Markets

Energy tariff hike triggers significant steel price surge: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) issues a grave warning to the nation as the...

Published 26 Sep, 2023 06:33am

Pakistan

JI chief urges govt to bring down prices of power, petrol and gas

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has addressed the sit-in protest in front of Governor House on the ...

Published 25 Sep, 2023 06:34am

Opinion

Elusive macroeconomic stability

In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of...

Published 22 Sep, 2023 03:40am

Opinion

Bills: repenting for the sins of others

Jolted by the severe backlash against highly inflated power bills resulting in protests across the country joined by...

Published 09 Sep, 2023 06:20am

Markets

LME warehousers bet the great metals destock is over

LONDON: It’s been a tough couple of years to be in the metals storage business with dwindling inventories taking a...

Published 27 Aug, 2023 03:05am

BRACE report lists factors leading to greater poverty

ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in...

Updated 11 Aug, 2023 09:29am

Opinion

Reduce, not expand, the size of govt to restore investor confidence

After the unexpected IMF (International Monetary Fund) bailout, the economy is in search of regaining lost...

Published 07 Aug, 2023 06:34am

Pakistan

Ministry of Finance expects inflation ‘to ease out’ in July

In 'Monthly Economic Update & Outlook' for July, it says recent decrease in administered prices of petrol and diesel will be transmitted into lower domestic prices of essential items

Updated 26 Jul, 2023 07:07pm

Pakistan

CPI reading likely to decrease in July: brokerage house

AHL says it expects inflation to clock in at 26.4%

Updated 26 Jul, 2023 04:30pm

Opinion

‘Nexus thinking’ key to sustainable development in era of polycrisis

We are living in an era of a polycrisis: the lingering effects of the COVID-19 pandemic, the climate emergency and...

Updated 18 Jul, 2023 06:25am

Opinion

Improving foreign investment climate

‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per...

Published 14 Jul, 2023 06:55am

Business & Finance

Rising prices: Poorer nations will cut food imports: UN

PARIS: High food prices will prompt poorer nations to cut back on food imports this year, the UN’s Food and...

Published 16 Jun, 2023 06:27am

Business & Finance

IMF says UK economy to grow this year in big U-turn

LONDON: The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth...

Published 24 May, 2023 05:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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