Trends - ADB Pakistan - Business Recorder

ADB Pakistan

Pakistan, ADB reaffirm commitment to mutual cooperation, climate action

ISLAMABAD: Minister for Economic Affairs Ahad Cheema and Asian Development Bank (ADB) Country Director Xiaoqin ...

Published 12 Dec, 2024 06:01am

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

Markets

Aurangzeb optimistic about swift finalisation of ADB’s Country Partnership Framework

Finance minister engages with key partners at IMF- World Bank meetings

Updated 26 Oct, 2024 08:32pm

Pakistan

ADB appoints Xiaoqin Fan as new country director for Pakistan

The Asian Development Bank (ADB) appointed Xiaoqin (Emma) Fan as its new country director for Pakistan on Monday....

Updated 14 Oct, 2024 09:56pm

Markets

ADB approves $400mn concessional loan for Sindh Emergency Housing Reconstruction Project

Says project is key part of its multifaceted response to Pakistan’s flood crisis and forms part of the bank's commitment to provide $1.5bn in total assistance from 2023 to 2025

Updated 26 Jul, 2024 10:31pm

Pakistan

ADB approves $250mn loan to boost public-private partnerships in Pakistan

The Asian Development Bank (ADB) on Wednesday approved a $250-million policy-based loan to help Pakistan drive...

Updated 05 Jun, 2024 10:43pm

Pakistan

ADB approves $155.5mn funding to boost female access to finance in Pakistan

Says that while Pakistan’s financial inclusion has been improving, women are increasingly left behind with a large gender finance gap which currently stands at 34%

Updated 11 Dec, 2023 09:24pm

Markets

ADB approves $659mn project financing to support Pakistan

The Asian Development Bank (ADB) has approved three projects totalling $658.8 million in Pakistan, which would allow...

Updated 06 Dec, 2023 10:22pm

Pakistan

ADB approves $180mn to improve Punjab’s water supply & waste management

'Developing Resilient Environments and Advancing Municipal Services in Punjab Project' expected to benefit as many as 1.5 million people

Updated 28 Nov, 2023 04:09pm

Markets

Asian Development Bank approves $250mn for power transmission network

ADB says Power Transmission Strengthening Project will help reinforce stability of national grid

Updated 17 Nov, 2023 08:49pm

Pakistan

Pakistan’s economic growth to decelerate to 0.6% in FY23: ADB

Depending on a fast return to stability twinned with robust macroeconomic and structural reforms, country can bounce back: Asian Development Bank

Updated 04 Apr, 2023 08:38pm

Flood recovery efforts: Five financing pacts worth $775m inked with ADB

ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) Thursday signed five financing agreements...

Updated 16 Dec, 2022 09:30am

Pakistan

Flood relief: ADB approves $554mn financing package

Package includes $475mn loan and $3mn technical assistance grant, plus $5mn grant from Japan

Updated 12 Dec, 2022 06:03pm

Business & Finance

ADB provides Pakistan $100mn to improve KPK healthcare sector

Funds will be used to modernise infrastructure and equipment as well as improve human resources planning and medicine supply chain management

Updated 04 Nov, 2022 07:48pm

Pakistan

Forex boost: SBP receives $1.5bn from ADB, says Dar

Funds part of ADB's response package to support Pakistan in the wake of recent floods

Updated 26 Oct, 2022 08:55pm

Countercyclical support facility loans: Project risks identified by ADB

Documents reveal that Pakistan meets all the criteria required to access ADB’s countercyclical support facility

Updated 25 Oct, 2022 10:01am

Business & Finance

$1.5 billion BRACE programme will provide timely liquidity to Pakistan: ADB

Officials say funding will also allow govt to roll out relief and recovery package to flood victims

Updated 24 Oct, 2022 07:28pm

ADB board approves $1.5bn financing

ISLAMABAD: The Asian Development Bank (ADB) has approved $1.5 billion in financing to help the government of ...

Updated 22 Oct, 2022 09:44am

Pakistan

ADB approves $1.5bn financing for Pakistan amid floods, supply-chain disruptions

Loan will be utilised to fund government’s $2.3 billion countercyclical development expenditure programme

Updated 21 Oct, 2022 05:13pm

Pakistan

ADB says aims to mobilise $500-700mn package for immediate relief assistance to Pakistan

Is also processing $1.5-billion countercyclical support to mitigate impacts of rising food prices and other external shocks on the poor and vulnerable

Published 29 Sep, 2022 06:47pm

Pakistan

ADB to repurpose assistance for Pakistan to support flood rehabilitation

Asian Infrastructure Investment Bank has also committed to co-finance additional $500 million under Countercyclical Support Facility

Published 29 Sep, 2022 05:50pm

Pakistan

ADB approves $100mn results-based loan for Khyber Pakhtunkhwa’s health sector

Programme will look to help improve the delivery of health services at secondary hospitals by modernising infrastructure and equipment among other objectives

Updated 22 Sep, 2022 06:42pm

Pakistan

ADB forecasts Pakistan's GDP growth to slow down to 3.5% in FY23

Recent devastating floods in Pakistan add profound risk to the country’s economic outlook, says ADB Country Director for Pakistan Yong Ye

Updated 21 Sep, 2022 06:07pm

Pakistan

Flood relief: ADB 'working quickly to provide significant package' to Pakistan

Package designed to support people, livelihoods, and infrastructure immediately, says ADB

Updated 20 Sep, 2022 03:12pm

Pakistan

Bank assessing situation: ADB expresses concern over future of its projects

LAHORE: The Asian Development Bank has expressed concerns on the progress of funded-projects in the Punjab due to...

Published 15 Sep, 2022 06:34am

Pakistan

Structural reforms for growth govt’s prime focus, Miftah tells ADB

Federal Minister for Finance and Revenue Miftah Ismail on Thursday said that the present government's prime focus is...

Published 04 Aug, 2022 04:05pm

Pakistan

Pakistan’s GDP growth projected to 'recover slightly' in FY23: ADB

Asian Development Outlook Supplement highlights SBP among most aggressive central banks in region

Updated 21 Jul, 2022 06:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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