News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Understanding Neoliberalism

‘Neoliberalism is the defining political economic paradigm of our time – it refers to the policies and practices...

Published 12 Feb, 2021 04:54am

Opinion

‘Mission Economy’

‘The bungled response of the government to the pandemic – from the failure to enforce lockdown early enough to...

Updated 05 Feb, 2021 11:48pm

Opinion

‘New normal’: There’s need for reformed Bretton Woods institutions

‘But rich countries also have considerable power over the lives of billions of people through their control over...

Published 29 Jan, 2021 04:55am

Opinion

Risks to global economic recovery

‘Countries are relying on effective immunizations to save lives and revive businesses. The World Bank’s...

Published 22 Jan, 2021 04:47am

Opinion

Food security and the pandemic

‘A ban on corn exports in Argentina is fanning fear among farmers and traders that one of the world’s top food...

Published 15 Jan, 2021 03:16am

Opinion

Economic recovery with high risks

‘This edition of Global Economic Prospects makes clear, policymakers face formidable challenges – in public...

Updated 08 Jan, 2021 03:29am

Opinion

Vaccine inequality and economic misfortune

‘The global scheme to deliver COVID-19 vaccines to poorer countries faces a “very high” risk of failure,...

Updated 01 Jan, 2021 03:42am

Opinion

Economic advice for the PM

The prime minister made a very timely and passionate speech recently at the signing ceremony of performance...

Updated 25 Dec, 2020 04:43am

Opinion

Handling the sovereign debt issue

‘Since 2014, total sovereign debt has increased as a share of GDP, and the range of debt instruments has...

Updated 18 Dec, 2020 03:52am

Opinion

Dealing with the debt challenge

'For the most impoverished countries, the crisis and associated economic shutdowns came at a moment of particular...

Published 04 Dec, 2020 03:04am

Opinion

Pandemic and 'fiscal stimulation'

'Fiscal policy must play a leading role in the recovery. Governments can productively counter the shortfall in...

Published 27 Nov, 2020 03:08am

Markets

Towards an improved IMF programme

'[Pakistan's] GDP growth fell to a little under 4 percent a year over 1988-2000, compared to almost 6 percent in the...

Published 20 Nov, 2020 03:04am

Opinion

Covid-19 vaccines in a neoliberal world

[Who owns the patent on this vaccine?] Well, the people, I would say. There is no patent. Could you patent the sun?...

Published 13 Nov, 2020 02:57am

Opinion

Pandemic's second wave and oil markets

'For an industry still heavily scarred by the events of March and April, when prices went into free-fall as...

Published 06 Nov, 2020 02:59am

Opinion

Need for ‘green economic recovery’

‘For a while in the early stages of the Covid-19 pandemic, there were high hopes for a V-shaped recovery. After a...

Published 30 Oct, 2020 02:54am

Opinion

'Long Covid' and deep economic recession

'Covid-19 has left many patients with debilitating symptoms after the initial infection has cleared. This is "long...

Published 23 Oct, 2020 02:32am

Opinion

Reaching and implementing correct prices

"Most economists rightly emphasize the role of the state in providing public goods and correcting market failures,...

Updated 16 Oct, 2020 03:09am

Markets

Avoiding international sovereign debt crisis

"The COVID-19 crisis has made painful sovereign-debt restructurings inevitable for many countries... The World Bank...

Published 09 Oct, 2020 02:37am

Opinion

The missing role of government in markets

The extractive institutional design, perpetuated under the garb of neoliberal thought process and created by the...

Updated 02 Oct, 2020 03:31am

Markets

Reforming agricultural sector

Agriculture is the backbone of Pakistan's economy. Unfortunately, for long it has been neglected by successive...

Published 25 Sep, 2020 02:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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