World

Saudi government expects inflation to hit 3.7pc after VAT hike

The government expects inflation to hit 2.9pc in 2021, the document showed.

Reuters Published September 30, 2020

DUBAI: Saudi Arabia's government expects inflation to reach 3.7pc in 2020, partially due to an increase in its value-added tax rate, it said in a preliminary budget statement on Wednesday.

The government expects inflation to hit 2.9pc in 2021, the document showed.

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Currency	Rate
USD PKR Interbank Selling / Sep 30	277.80
USD PKR Interbank Buying / Sep 30	277.60
USD to Japanese Yen / Sep 30	141.76
USD to Swiss Franc / Sep 30	0.84
Pound Sterling to USD / Sep 30	1.34
Euro to USD / Sep 30	1.12

Currency

Rate

USD PKR Interbank Selling / Sep 30

277.80

USD PKR Interbank Buying / Sep 30

277.60

USD to Japanese Yen / Sep 30

141.76

USD to Swiss Franc / Sep 30

0.84

Pound Sterling to USD / Sep 30

1.34

Euro to USD / Sep 30

1.12

Stock	Volume
S&P 500 / Sep 27	5,738.17
Nasdaq / Sep 27	18,119.59
Dow Jones / Sep 27	42,313
India Sensex / Sep 30	84,671.27
Tokyo Nikkei / Sep 30	37,921.37
Hang Seng / Sep 30	21,438.57
FTSE 100 / Sep 30	8,306.82
Germany DAX 30 / Sep 30	19,435.24

Stock

Volume

S&P 500 / Sep 27

5,738.17

Nasdaq / Sep 27

18,119.59

Dow Jones / Sep 27

42,313

India Sensex / Sep 30

84,671.27

Tokyo Nikkei / Sep 30

37,921.37

Hang Seng / Sep 30

21,438.57

FTSE 100 / Sep 30

8,306.82

Germany DAX 30 / Sep 30

19,435.24

Item	Value
Gold 10 Grams PKR / Sep 27	240,144.70
Petrol/Litre / Sep 30	249.10
Crude Oil USD/Barrel / Sep 30	68.81
Karachi Cotton PKR/37.32 KG / Sep 30	18,235
Gold Spot USD/Ounce / Sep 30	2,658.39
Diesel/Litre / Sep 30	249.69

Item

Value

Gold 10 Grams PKR / Sep 27

240,144.70

Petrol/Litre / Sep 30

249.10

Crude Oil USD/Barrel / Sep 30

68.81

Karachi Cotton PKR/37.32 KG / Sep 30

18,235

Gold Spot USD/Ounce / Sep 30

2,658.39

Diesel/Litre / Sep 30

249.69

Stock	Price
786 Invest Ltd / Sep 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / Sep 30

786 Investments Limited(786)

▼ 0.00 (0.00%)

AL-Abbas Sugar / Sep 30

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / Sep 30

Agro Allianz Limited(AAL)

▼ 0.00 (0.00%)

AL-Abid Silk / Sep 30

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Sep 30

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / Sep 30

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / Sep 30

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / Sep 30

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Sep 30

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / Sep 30

786 Investments Limited(786)

▲ 0.00 (0.00%)

AL-Abbas Sugar / Sep 30

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / Sep 30

Agro Allianz Limited(AAL)

▲ 0.00 (0.00%)

AL-Abid Silk / Sep 30

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Sep 30

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / Sep 30

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / Sep 30

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / Sep 30

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Sep 30

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Stock

Volume

P.I.A.C.(A) / Sep 30

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / Sep 30

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / Sep 30

Pakistan Petroleum Limited(PPL)