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Business & Economy

Business & Economy

US business delegation explores investment opportunities in Pakistan

Meets Prime Minister Shehbaz Sharif, expresses interest in key sectors including mining and minerals, according to PMO statement

Updated 29 Jan, 2025 10:12pm

Business & Economy

Aurangzeb hints at tax reforms for Pakistan’s salaried group

Finance minister says slabs need re-think, but commitment cannot be made

Updated 28 Jan, 2025 09:13pm

Business & Economy

Bulk of Pakistan’s foreign debt repayment for FY25 already repaid: SBP chief

Governor State Bank of Pakistan (SBP) Jameel Ahmad on Monday said “bulk of” the country’s foreign debt for the...

Updated 27 Jan, 2025 09:51pm

Business & Economy

Naqvi assures resolution of US companies issues

Federal Interior Minister Mohsin Naqvi has assured to resolve issues of US companies operating in Pakistan on a...

Updated 25 Jan, 2025 05:59pm

Business & Economy

SBP likely to deliver sixth straight rate cut to revive economy

MPC scheduled to meet on January 27 (Monday)

Updated 24 Jan, 2025 09:39pm

Business & Economy

$20bn funding: World Bank’s Country Partnership Framework for Pakistan launched

PM Shehbaz reaffirms commitment to implementing 10-year programme aimed to support inclusive, sustainable development

Updated 23 Jan, 2025 11:03pm

Business & Economy

Pakistan’s inflation expected to fall below 3% in January

Declining inflation raise hopes of further cut in policy rate

Updated 23 Jan, 2025 11:05pm

Energy

OGDCL boosts oil production at Kunnar Oil Field in Sindh

The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company,...

Updated 23 Jan, 2025 04:37pm

Business & Economy

Pakistan ‘moving in the right direction,’ Aurangzeb asserts at WEF

Finance minister says govt focused on reducing expenditures, debt servicing volume

Updated 22 Jan, 2025 10:16pm

Business & Economy

Pakistan says it has agreed $1 billion loan with two Middle East banks

Terms set at 6-7% interest rate as country continues to look at more financing

Updated 21 Jan, 2025 10:41pm

Business & Economy

Aurangzeb says Pakistan’s taxation, stabilisation measures offer lessons for other developing economies

Country addressing structural inefficiencies in revenue collection, energy, SOEs, and privatisation, finance minister writes in World Economic Forum

Updated 21 Jan, 2025 10:16pm

Business & Economy

Pakistan eyes strategic partnerships at World Economic Forum 2025

Advisor to Finance Minister Khurram Schehzad on Tuesday said Pakistan seeks to secure strategic partnerships with...

Updated 21 Jan, 2025 10:51pm

Commodities

Saudi’s Manara Minerals to buy stake in Pakistan’s Reko Diq gold project: FT reports

Mining fund set to buy 10-20% stake in Reko Diq

Updated 21 Jan, 2025 10:06pm

Business & Economy

Ministries directed to prioritise objectives in line with Uraan Pakistan

Planning minister Ahsan Iqbal on Monday asked all concerned ministries to prioritise their objectives in line with...

Published 20 Jan, 2025 09:23pm

Commodities

Pakistan’s Reko Diq mine to generate $74bn in free cash flow over 37 years, Barrick CEO says

Project expected to start production by end of 2028

Updated 20 Jan, 2025 10:18pm

Business & Economy

PM Shehbaz welcomes Pakistan’s inclusion in WEF’s Digital FDI Initiative

Pakistan’s first Digital FDI project is making significant efforts to promote digital growth by identifying key targets: PM Shehbaz Sharif

Updated 18 Jan, 2025 08:47pm

Business & Economy

Pakistan registers massive $582mn current account surplus in December 2024

This is fifth consecutive month of current account surplus

Updated 17 Jan, 2025 09:04pm

Business & Economy

UAE confirms rollover of $2bn loan to Pakistan: SBP

The United Arab Emirates (UAE) has confirmed the rollover of its two deposits of $1 billion each, the State Bank of...

Published 16 Jan, 2025 10:19pm

Energy

Govt cuts tariff on charging stations by 45%: Awais Leghari

Energy minister says decision will pave way for expansion of charging stations, and increase EV adoption in Pakistan

Updated 15 Jan, 2025 10:32pm

Business & Economy

World Bank’s $20bn pledge reflects confidence in Pakistan’s economy: PM Shehbaz

Prime Minister Shehbaz Sharif on Wednesday welcomed the World Bank’s pledge of $20 billion for Pakistan under its...

Updated 15 Jan, 2025 05:45pm

Business & Economy

Saudi firm Manara may invest in Pakistan’s Reko Diq mine, minister says

RIYADH: Saudi Arabian mining company Manara Minerals could invest in Pakistan’s Reko Diq mine in the next two...

Updated 14 Jan, 2025 11:08pm

Business & Economy

Aurangzeb, Lee explore opportunities to enhance Pakistan-Hong Kong economic ties

Finance Minister Muhammad Aurangzeb on Tuesday emphasized the need for strengthening economic and diplomatic...

Updated 14 Jan, 2025 11:08pm

Business & Economy

Aurangzeb pledges enhanced security for Chinese interests in Pakistan: Report

Pledges more cooperation with Beijing on next phase of China–Pakistan Economic Corridor

Updated 14 Jan, 2025 11:07pm

Business & Economy

Pakistan on track to meet IMF’s tax target, says Aurangzeb

Govt committed to widen, deepen tax base, adds finance minister

Updated 13 Jan, 2025 09:35pm

Business & Economy

RDA inflows up 9%, clock in at $203mn in December 2024

Inflows through the Roshan Digital Account (RDA) clocked in at $203 million in December, reflecting a growth of 9%...

Updated 11 Jan, 2025 05:50pm

Business & Economy

UN projects Pakistan’s GDP growth at 3.4% in 2025, inflation to be in double digits

UN report says the near-term economic outlook for South Asia is expected to remain robust

Updated 11 Jan, 2025 06:11pm

Business & Economy

Pakistan’s remittance inflow at $3.1bn in December 2024, up 6% month-on-month

Amount 29.3% higher when compared with $2.38 billion in December 2023

Updated 10 Jan, 2025 10:06pm

Business & Economy

Inflation to lower pace further in January, says SBP governor

However, some volatility may be seen following next month: Jameel Ahmad

Updated 09 Jan, 2025 10:53pm

Business & Economy

Gwadar Port: Planning minister seeks marketing templates, packages for ‘cost-effective’ trade routes

Materials to be distributed through Pakistan’s embassies, missions worldwide to promote Gwadar Port on global scale

Updated 08 Jan, 2025 10:59pm

Business & Economy

Current tax slabs ‘prohibitive’ but IMF commitments will be honoured, says PM

Addresses business persons at Pakistan Stock Exchange in Karachi

Updated 08 Jan, 2025 10:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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