News stories for Shahid Sattar

Shahid Sattar

Opinion

Exports and currency devaluation: any link?

Any increase in exports is always a function of the elasticity of the inputs that make up the goods exported. These...

Published 05 Jan, 2022 05:36am

Opinion

Vietnam’s journey and lessons for Pakistan—II

Pakistan also experiences barriers to international trade such as high import tariffs which make exports less...

Published 30 Dec, 2021 04:40am

Opinion

Vietnam’s journey and lessons for Pakistan — I

The economy of Pakistan has been facing severe macroeconomic challenges for quite some time now. Gradually declining...

Published 29 Dec, 2021 06:57am

Opinion

Link between competitive energy and export growth

A reliable and supportive energy environment is a critical component of industrial competitiveness, without which ...

Published 23 Dec, 2021 04:23am

Opinion

Prerequisites for growth—II

Even at a cursory glance, it is evident that nations with greater gender parity have more prosperous economies....

Published 16 Dec, 2021 04:00am

Opinion

Prerequisites for growth—I

Pakistan falls short of its growth objectives time and again, despite setting well-calculated goals, showing that ...

Updated 15 Dec, 2021 07:02am

Opinion

‘Anti-export bias’ stifling growth

Pakistan’s trade imbalance is largely attributed to declining export competitiveness, a point which has been...

Published 17 Nov, 2021 04:22am

Opinion

Critical importance of competitive energy rates across textile value chain

The textile sector of Pakistan has immense significance for the economy, as evidenced by its contribution to the...

Published 27 Oct, 2021 04:50am

Opinion

Better days for cotton

Cotton, once acknowledged as the lifeline of Pakistan’s farmers and a source of raw material to more than 400...

Published 07 Oct, 2021 04:25am

Opinion

The import bill

The higher import bill and current account deficit (CAD) noted in recent months poses serious risks to the...

Published 23 Sep, 2021 04:35am

Opinion

Balancing foreign loans with sustained growth

In order to achieve debt sustainability, improve living standards and absorb the growing labour force, Pakistan’s...

Published 15 Sep, 2021 04:19am

Opinion

Sugar: health, industry, economy — II

The preponderance of sugar over other industries has contributed to the decline of our resilient cotton crop, ...

Published 28 Aug, 2021 03:54am

Opinion

Sugar: health, industry, economy

The role purportedly played by sugar in eroding society, environment, the health and consequently disposable income...

Published 12 Aug, 2021 04:34am

Opinion

Textile exports: higher value addition and volumes

Textile industry has witnessed an unprecedented growth as depicted by an increase of 22% in exports in FY21 as...

Published 21 Jul, 2021 01:51am

Opinion

Barriers to export-led growth

Exports have been stagnant over the last decade in Pakistan, while competing economies have witnessed commendable...

Published 11 Jul, 2021 04:01am

Opinion

FY22 budget: textile sector’s perspective

The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for ...

Published 01 Jul, 2021 04:10am

Opinion

RCET indispensable for export-led growth?

Textile exports reached $ 11.35 billion in the 9MFY21 from $ 10.41 billion over the corresponding months of last...

Published 23 May, 2021 03:06am

Opinion

Untapped export potential

The World Bank in its recent report states that Pakistan’s potential annual exports are $88.1 billion, about four...

Published 28 Apr, 2021 03:18am

Opinion

Reforming the reformers

Those tasked with bringing about reform for Pakistan through planning and development have no easy job, but their...

Published 15 Apr, 2021 03:22am

Opinion

Regionally competitive energy tariffs

Pakistan’s uncompetitive and inefficient energy mix has rendered economic growth elusive and also raised pertinent...

Published 30 Mar, 2021 05:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 11	280.02
USD PKR Interbank Buying / Mar 11	279.82
USD to Japanese Yen / Mar 11	147.18
USD to Swiss Franc / Mar 11	0.88
Pound Sterling to USD / Mar 11	1.29
Euro to USD / Mar 11	1.08
UK LIBOR % / Mar 10	4.96

Stock	Volume
S&P 500 / Mar 10	5,614.56
Nasdaq / Mar 10	17,468.32
FTSE 100 / Mar 10	8,600.22
Dow Jones / Mar 10	41,911.71
Germany DAX 30 / Mar 10	22,620.95
France CAC40 / Mar 10	8,047.60
India Sensex / Mar 11	73,943.98
Tokyo Nikkei / Mar 11	36,649.57
Hang Seng / Mar 11	23,539.43

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 10	17,585
Gold 10 Grams PKR / Mar 10	262,345
Petrol/Litre / Mar 11	255.63
Crude Oil USD/Barrel / Mar 11	66.06
Gold Spot USD/Ounce / Mar 11	2,894.43
Diesel/Litre / Mar 11	258.64
Cotton US¢/pound / Mar 11	65.78

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 11 The Pakistan General Insurance Co. Ltd.(PKGI)	9.84 ▲ 0.99 (11.19%)
At-Tahur Ltd. / Mar 11 At-Tahur Limited(PREMA)	35.37 ▲ 3.22 (10.02%)
Macter Int. Ltd / Mar 11 Macter International Limited(MACTER)	355.73 ▲ 32.34 (10%)
Supernet Ltd. / Mar 11 Supernet Limited (GEM)(GEMSPNL)	19.25 ▲ 1.75 (10%)
JS Investments / Mar 11 JS Investments Limited(JSIL)	23.99 ▲ 2.18 (10%)
Khyber Textile / Mar 11 Khyber Textile Mills Limited(KHYT)	499.98 ▲ 45.45 (10%)
Al-Khair Gadoon / Mar 11 Al-Khair Gadoon Limited(AKGL)	44.26 ▲ 4.02 (9.99%)
Barkat Frisian Agro / Mar 11 Barkat Frisian Agro Limited(BFAGRO)	24.22 ▲ 2.2 (9.99%)
Kohinoor Mills / Mar 11 Kohinoor Mills Limited(KML)	33.02 ▲ 3 (9.99%)
Idrees Tex. / Mar 11 Idrees Textile Mills Limited(IDRT)	19.61 ▲ 1.78 (9.98%)

Stock	Price
Sindh Abadgar / Mar 11 Sindh Abadgar's Sugar Mills Limited(SASML)	50.18 ▼ -5.58 (-10.01%)
Int. Knit. / Mar 11 International Knitwear Limited(INKL)	16.18 ▼ -1.8 (-10.01%)
First Elite Cap.Mod / Mar 11 First Elite Capital Modaraba(FECM)	9.90 ▼ -1.1 (-10%)
Ideal Sp. / Mar 11 Ideal Spinning Mills Limited(IDSM)	14.53 ▼ -1.56 (-9.7%)
Suhail Jute / Mar 11 Suhail Jute Mills Limited(SUHJ)	93.09 ▼ -8.49 (-8.36%)
IGI Life Ins / Mar 11 IGI Life Insurance Limited(IGIL)	15.60 ▼ -1.28 (-7.58%)
Suraj Cotton / Mar 11 Suraj Cotton Mills Limited(SURC)	112.05 ▼ -8.93 (-7.38%)
Pak Gulf Leasing / Mar 11 Pak-Gulf Leasing Company Limited(PGLC)	15.05 ▼ -1.14 (-7.04%)
Khalid Siraj / Mar 11 Khalid Siraj Textile Mills Limited(KSTM)	9.32 ▼ -0.7 (-6.99%)
Noon Sugar / Mar 11 Noon Sugar Mills Limited(NONS)	73.52 ▼ -5.48 (-6.94%)

Stock	Volume
Power Cement / Mar 11 Power Cement Limited(POWER)	24,823,328 ▼ -0.26
Fauji Cement / Mar 11 Fauji Cement Company Limited(FCCL)	22,194,869 ▼ -0.47
B.O.Punjab / Mar 11 The Bank of Punjab(BOP)	19,911,700 ▲ 0.06
Maple Leaf Cement / Mar 11 Maple Leaf Cement Factory Limited(MLCF)	19,750,525 ▼ -1.02
Sui South Gas / Mar 11 Sui Southern Gas Company Limited(SSGC)	17,959,994 ▲ 0.7
WorldCall Telecom / Mar 11 Worldcall Telecom Limited(WTL)	17,116,660 ▼ -0.02
K-Electric Ltd. / Mar 11 K-Electric Limited(KEL)	16,661,305 ▼ -0.06
National Bank / Mar 11 National Bank of Pakistan(NBP)	12,081,505 ▼ -0.56
At-Tahur Ltd. / Mar 11 At-Tahur Limited(PREMA)	11,338,540 ▲ 3.22
Silk Bank Ltd / Mar 11 Silkbank Limited(SILK)	10,583,866 ▲ 0

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