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ADB

ADB delegation meets CDA chief

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa held a meeting with a delegation from...

Published 21 Dec, 2024 06:24am

Opinion

Power sector: role of WB, ADB, IMF

Once again the World Bank (WB) is reported to be currently working with the government to invite private sector...

Updated 21 Dec, 2024 07:32am

Opinion

ADB lending for power sector

According to a Business Recorder news report, the Asian Development Bank (ADB) has approved a seemingly huge loan to...

Published 15 Dec, 2024 02:50am

$330m loan agreement inked with ADB for ISPDP additional financing

ISLAMABAD: The government of Pakistan has signed a loan agreement with the Asian Development Bank (ADB) for the...

Updated 15 Dec, 2024 09:12am

Climate funding: ADB commits Rs700bn, IFIs follow suit

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial...

Updated 13 Dec, 2024 09:23am

Modernising power distribution infrastructure: $530m loan approved by ADB

Bank approves $330 million in additional financing to strengthen Pakistan’s federally administered social protection programmes and services

Updated 12 Dec, 2024 02:44pm

ADB projects GDP growth at 3pc, inflation at 10pc

ISLAMABAD: Pakistan’s GDP growth in fiscal year 2025 is projected at three percent, revised upwards from 2.8...

Updated 12 Dec, 2024 09:04am

ADB trims developing Asia’s growth forecast, flags US policy risks

MANILA: Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook...

Updated 12 Dec, 2024 09:43am

Pakistan

ADB approves $330mn financing to bolster Pakistan’s social protection programmes

Result-based loan to expand grassroots-level social protection, lender says

Updated 11 Dec, 2024 09:45pm

Markets

ADB approves $200mn loan to modernise Pakistan’s power distribution network

The Asian Development Bank (ADB) on Wednesday approved a $200 million loan to modernise Pakistan’s power...

Updated 11 Dec, 2024 09:45pm

Business & Finance

Post-harvest losses in country up to 40pc, says ADB

ISLAMABAD: Post-harvest losses in Pakistan are estimated at 20 to 40 percent for various crops, due to lack of...

Published 10 Dec, 2024 08:20am

Reko Diq project financial close likely by June 2025: ADB weighs third-party guarantee option

ISLAMABAD: The financial close of the Reko Diq Mining Project is expected by June 2025, as the Asian Development...

Updated 10 Dec, 2024 02:46pm

Pakistan

ADB mission visits NTDC Headquarters

LAHORE: A mission from the Asian Development Bank visited the NTDC Headquarters at WAPDA House Lahore, for meeting...

Published 06 Dec, 2024 06:59am

Business & Finance

ADB, SAFCO ink $86m financing package for SAF facility in Sheikhupura

ISLAMABAD: The Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) have signed $86.2 million...

Published 05 Dec, 2024 07:47am

Theft control in 3 Discos: CDWP seeks techno-economic feasibility for ADB-funded projects

ISLAMABAD: The Central Development Working Party (CDWP) has sought a proper techno-economic feasibility study for...

Updated 02 Dec, 2024 02:59pm

TA and lending programme: ADB wing says highest level of divergence displayed

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) said that Pakistan...

Updated 29 Nov, 2024 02:26pm

Business & Finance

Climate programme: SBP receives $500m loan from ADB

KARACHI: Pakistan on Thursday received inflows amounting to $500 million as loan from the Asian Development Bank...

Published 29 Nov, 2024 05:50am

Markets

Pakistan receives $500 million from ADB for climate programme

Proceeds to reflect in SBP’s foreign exchange reserves for week ending on November 29

Updated 28 Nov, 2024 10:59pm

Pakistan

Maryam, ADB team discuss steps aimed at overcoming smog challenge

LAHORE: Senior Provincial Minister Maryam Aurangzeb held a meeting with a delegation from the Asian Development Bank...

Published 27 Nov, 2024 08:24am

Pakistan

CM, ADB official discuss uplift projects

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif met Country Director for Pakistan Resident Mission of Asian...

Published 26 Nov, 2024 07:50am

Business & Finance

EVs to erode $5.68bn in road transport revenues: ADB

ISLAMABAD: Over 80 percent of road user revenues in Pakistan are from fuel-based revenues, involving an amount of...

Published 26 Nov, 2024 05:49am

Pakistan

Climate change: $500m loan inked with ADB

ISLAMABAD: The Asian Development Bank (ADB) and the government of Pakistan, on Monday, signed $500 million...

Published 19 Nov, 2024 07:57am

Business & Finance

Aurangzeb lauds ADB’s financial, technical aid

ISLAMABAD: A delegation of the Asian Development Bank (ADB) led by Senior Director, Tariq H. Niazi called on Federal...

Updated 19 Nov, 2024 09:27am

ADB delegation meets minister: ‘Investment needed to prepare Discos for privatisation’

ISLAMABAD: Minister for Power, Sardar Awais Khan Leghari has sought investment from development partners to prepare...

Updated 14 Nov, 2024 09:20am

Forex reserves likely to reach $12bn mark: SBP

KARACHI: Governor of the State Bank of Pakistan (SBP), Jameel Ahmed has said that despite external debt servicing,...

Updated 09 Nov, 2024 09:05am

ADB says it has 7 projects for this year, 16 for the next

New country director of ADB Emma Fan holds meeting with Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb

Updated 05 Nov, 2024 09:32am

Climate change could cut Pakistan’s GDP by 21.1pc by 2070: ADB

ISLAMABAD: Climate change could cut Pakistan’s gross domestic product (GDP) by 21.1 per cent by 2070 under a high...

Updated 01 Nov, 2024 09:58am

Pakistan

ADB approves $500m loan for CDREP

ISLAMABAD: The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change...

Published 30 Oct, 2024 06:32am

Markets

Climate and disaster resilience: ADB approves $500mn loan to support Pakistan

Lender also approves technical assistance grant of $1mn to support implementation

Updated 29 Oct, 2024 10:28pm

Business & Finance

ADB country director calls on Chairman FBR

ISLAMABAD: The Country Director Asian Development Bank (ADB) Emma Fan called on Chairman FBR Rashid Mahmood Lagrial...

Published 29 Oct, 2024 03:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75
France CAC40 / Dec 20	7,274.48
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.70 ▲ 0.43 (10.07%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Bawany Air Products / Dec 23 Bawany Air Products Limited(BAPL)	37.62 ▲ 3.42 (10.00%)
BF Biosciences / Dec 23 BF Biosciences Limited(BFBIO)	231.43 ▲ 21.04 (10.00%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	14.63 ▼ -1.62 (-9.97%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.99 ▼ -1.52 (-9.80%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.51 ▼ -2.67 (-8.85%)
Supernet Ltd. / Dec 23 Supernet Limited (GEM)(GEMSPNL)	15.55 ▼ -1.37 (-8.10%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.03
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.22
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.11
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.50
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.25
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.06
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.20
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 3.45

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