News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Acute food inflation and a shallow global policy leadership response

The ‘Food security’ update recently released by World Bank indicated a very difficult food inflation situation...

Published 05 Aug, 2022 06:27am

Opinion

Global economic players’ dismal policy action

International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World...

Published 29 Jul, 2022 06:14am

Opinion

Default risk at hand

Around end of March, in a World Bank published article ‘Are we ready for the coming spate of debt crises’ it was...

Published 22 Jul, 2022 06:07am

Opinion

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP...

Published 15 Jul, 2022 06:20am

Opinion

Inflation, stagflation, recession

Years of neoliberal assault globally leading to a diminishing role of government, especially in regulating markets,...

Published 08 Jul, 2022 05:36am

Opinion

Reflections on G7 leaders’ summit 2022

G7 Leaders’ Summit 2022 was held recently in Germany, a little over a year later after the last such meetings were...

Updated 01 Jul, 2022 06:42am

Opinion

WTO’s 12th Ministerial Conference and Covid vaccine

‘Last week’s WTO 12th Ministerial Conference (MC12) in Geneva concluded with pro-corporate, anti-worker, and...

Published 24 Jun, 2022 06:15am

Opinion

Global economy at a delicate crossroad – II

A similar balance should be struck in the case of developing countries like Pakistan for it is critical to dealing...

Published 15 Jun, 2022 05:47am

Opinion

Global economy at a delicate crossroad – I

Global economy stands at a delicate crossroad, where wrong policy choices will be difficult to unwind in at least ...

Published 10 Jun, 2022 06:16am

Opinion

Needed: an objectives-based and mission-oriented budget

‘…which is outcomes-based budgeting. First ask ourselves what needs to be done. What does it mean to tackle...

Published 03 Jun, 2022 05:56am

Opinion

Policy rate and oil subsidy — II

Therefore, such policy increase will likely do a lot of harm to the impact of bottom-up approach by the previous...

Updated 01 Jun, 2022 09:44am

Opinion

Policy rate and oil subsidy — I

In its latest Monetary Policy Statement (MPS), released a few days ago, State Bank of Pakistan (SBP) raised policy...

Published 28 May, 2022 05:11am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Opinion

Controlling inflation, financing deficits — II

Moreover, the government should even think of immediately quitting the IMF programme. If the Fund does not ...

Published 17 May, 2022 05:39am

Opinion

Controlling inflation and financing deficits — I

In April 2020, International Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a...

Published 14 May, 2022 04:05am

Opinion

Economy: Demystifying some policy choices

In a recent blog article ‘War dims global economic outlook as inflation accelerates’ published by the...

Published 07 May, 2022 05:46am

Opinion

The cost of IMF programme

Pakistan has been a prolonged user of International Monetary Fund (IMF) resources since the decade starting 1990,...

Published 29 Apr, 2022 05:43am

Opinion

Reaching a good balance between austerity and counter-cyclical policies

First it was vaccine apartheid practiced by many rich, advanced countries, which significantly contributed to an...

Published 22 Apr, 2022 05:36am

Opinion

Reaching an appropriate cure for inflation

‘This is a cost-push inflation… it’s a rise in costs of fuel, which is something that is used in everything...

Published 15 Apr, 2022 05:29am

Opinion

Shehbaz Sharif’s election year economic policies

Immediately after being elected as the 23rd Prime Minister of Pakistan, Shehbaz Sharif announced in National ...

Published 13 Apr, 2022 06:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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