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AIIB

World Bank approves $240m for Karachi’s water & sanitation project

KARACHI: The World Bank has approved $240 million to improve water and sewerage services in Karachi through the...

Published 14 Dec, 2024 07:34am

Energy transmission sector: AIIB shows interest in exploring investments

ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) on Wednesday indicated its interest in exploring future...

Updated 07 Nov, 2024 09:26am

Development goals: AIIB vows support to Pakistan

ISLAMABAD: Asian Infrastructure Investment Bank (AIIB) has reiterated the commitment to supporting Pakistan in...

Updated 06 Nov, 2024 08:27am

Opinion

‘President Xi’s shared prosperity model’

This is apropos three letters to Editor titled “President Xi’s shared prosperity model” carried by the...

Published 01 Nov, 2024 06:51am

Pakistan

Aurangzeb praises role of Pakistani diaspora

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb appreciated Pakistani diaspora on...

Updated 28 Oct, 2024 08:52am

Business & Finance

China-led AIIB head criticizes advanced nations for trade barriers

WASHINGTON: Asian Infrastructure Investment Bank (AIIB) President Jin Liqun on Saturday criticized advanced...

Published 27 Oct, 2024 02:44am

July-March: govt signs $2.166bn loan commitments

ISLAMABAD: The Government of Pakistan signed new agreements worth $2.166 billion as commitments in the period...

Updated 13 Aug, 2024 02:02pm

$390m IBRD loan: World Bank likely to restructure T4HP to extend closing date

ISLAMABAD: The World Bank is likely to restructure Tarbela Fourth Extension Hydropower Project (T4HP) to extend the...

Updated 05 Jun, 2024 02:11pm

Pakistan

CM for adoption of ‘new cropping pattern’ to offset water shortage effects

KARACHI: Sindh Chief Minister Syed Murad Ali Shah expressing concern over the impact of climate change on water...

Published 17 Apr, 2024 05:28am

Rehabilitation of Tunnel 5 gates of Tarbela Dam: World Bank asks Wapda to seek Rs80bn allocation in budget

ISLAMABAD: The World Bank (WB) has asked the Water and Power Development Authority (Wapda) to approach the...

Updated 02 Apr, 2024 09:45am

Business & Finance

Jul-Nov borrowing down $0.829bn to $4.285bn YoY

ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months...

Updated 19 Dec, 2023 09:41am

Pakistan

Rs1.38bn approved for purchase of equipment & vehicles for Rangers

KARACHI: The Sindh Cabinet on Friday approved the release of Rs1.38 billion funds for the purchase of water canons,...

Published 02 Dec, 2023 05:09am

Opinion

Low inflows of external financing

The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully...

Published 21 Nov, 2023 06:01am

$250m RISE-II loan: Negotiations with AIIB next week likely

ISLAMABAD: Pakistan and Asian Infrastructure Investment Bank (AIIB) are likely to hold negotiations for $250 million...

Updated 08 Oct, 2023 07:06pm

IBRD, AIIB loans for T5HP: Wapda to seek extension of closing date

ISLAMABAD: Water and Power Development Authority (Wapda) is to seek extension in closing date of $390 million IBRD...

Updated 21 Sep, 2023 09:54am

Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials

ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)...

Updated 23 Aug, 2023 10:17am

$2.89bn borrowed from multiple financing sources in July

ISLAMABAD: The country borrowed $2.890 billion from multiple financing sources during the first month (July) of the...

Updated 22 Aug, 2023 09:12am

Business & Finance

Jul-Dec: Govt inks $3.9bn new loan agreements

ISLAMABAD: The government has signed new loan agreements worth $3.904 billion with development partners during the...

Published 10 May, 2023 06:03am

Dar holds virtual meeting with President AIIB

ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday held a virtual meeting with Jin...

Updated 16 Apr, 2023 10:06am

Policy efforts, 9th review’s success: Timely external aid will be critical: IMF

ISLAMABAD: Timely financial assistance from external partners will be critical to support the Pakistani authorities’...

Updated 25 Mar, 2023 06:05pm

Projects worth billions of dollars: AIIB voices concern over undue delay

ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) has reportedly expressed concerns on undue delay in...

Updated 18 Mar, 2023 09:13am

AIIB chief economist briefed about state of economy

ISLAMABAD: A meeting was held with Erik Berglof, Chief Economist, Asian Infrastructure Bank (AIIB) here. SAPM on...

Updated 08 Feb, 2023 09:12am

Pakistan

Damage caused by carbon emissions to developing nations highlighted

ISLAMABAD: State Minister for Petroleum Division Musadak Malik has said that developing and under-developed ...

Published 07 Feb, 2023 06:07am

Business & Finance

PCJCCI holds ceremony for celebrating Chinese New Year

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) on Monday arranged an exclusive New Year...

Published 25 Jan, 2023 06:25am

T4HP: Govt seeks another extension in closing date of World Bank loan

ISLAMABAD: The government has requested the World Bank for extending the closing date of credit for Tarbela Fourth...

Updated 26 Dec, 2022 09:34am

External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY

ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from...

Updated 20 Dec, 2022 09:38am

Markets

Rupee depreciation continues, settles at 224.4 against US dollar

Currency depreciates 0.01% in inter-bank market on Friday

Updated 09 Dec, 2022 08:45pm

Forex reserves fall to $6.7bn on repayments

KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 784 million to $6.715 billion during...

Updated 09 Dec, 2022 09:22am

Opinion

SBP’s newfound realism

The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the ...

Published 06 Dec, 2022 05:58am

Business & Finance

Pakistan has received $500m from AIIB: Dar

ISLAMABAD: Finance Minister Ishaq Dar has stated on Tuesday that Pakistan has received US$500 million from the Asian...

Published 30 Nov, 2022 05:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
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%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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