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ADB projects

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

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

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

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

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

ADB fields mission to pace up projects, reforms

ISLAMABAD: The Asian Development Bank (ADB) has fielded a Mission to Islamabad from September 30 to October 18, 2024...

Updated 01 Oct, 2024 08:56am

ADB asked to further engage private sector in Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb hosted a dinner in honour of...

Updated 16 Sep, 2024 03:12pm

Pakistan

ADB approves $320m for KPK roads rehabilitation

ISLAMABAD: The Asian Development Bank (ADB) has approved a $320 million loan to support the rehabilitation of roads...

Published 14 Sep, 2024 06:31am

ADB team, BISP official discuss proposed $300m package

ISLAMABAD: The Asian Development Bank Fact-Finding Mission, Wednesday, called on Secretary Benazir Income Support...

Updated 01 Aug, 2024 10:15am

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

Complaints about different projects: ADB decides to dispatch mission

Accountability Mission to visit Pakistan in September

Updated 15 Jul, 2024 04:14pm

Markets

Wapda discusses financing opportunities with ADB for its projects

LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (r) discussed financing opportunities in Wapda projects with Asian...

Published 24 May, 2024 07:10am

SOE transformation: ADB sending mission to develop $400m project scope

ISLAMABAD: The Asian Development Bank (ADB) is dispatching a reconnaissance mission from 6-24 May 2024 to develop ...

Updated 21 Apr, 2024 09:17am

Business & Finance

ADB speaks of ‘major economic challenges’

ISLAMABAD: The devastating floods in 2022, the impact of the Covid-19 pandemic, security issues, structural risks,...

Published 23 Mar, 2024 05:41am

ADB approves $250m for two power transmission projects

ISLAMABAD: Asian Development Bank (ABD) is to extend financing of $ 250 million for two power sector transmission...

Updated 19 Mar, 2024 09:20am

Pakistan

Gandapur seeks enhanced ADB cooperation

PESHAWAR: KP Chief Minister Ali Amin Gandapur has sought enhancement of cooperation and partnership with Asian...

Published 18 Mar, 2024 04:56am

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

Power transmission network in Punjab, KP: ADB approves $250m in loans

ISLAMABAD: The Asian Development Bank (ADB) has approved $250 million in loans that will help deliver reliable...

Updated 18 Nov, 2023 09:35am

Four key projects: ADB sends mission to ascertain complaints’ eligibility

ISLAMABAD: The Asian Development Bank (ADB) has dispatched its Accountability Mission to ascertain eligibility of...

Updated 27 Mar, 2023 12:09pm

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

Business & Finance

Punjab: ADB approves $100m loan for TVET

ISLAMABAD: The Asian Development Bank (ADB) has approved a $100 million loan to help improve technical and ...

Published 14 Dec, 2022 07:22am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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