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business community

FBR seeks customs budget proposals for FY 2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has sought customs budget proposals for 2025-26 from field formations...

Published 23 Jan, 2025 08:00am

Pakistan

Pakistan has successfully come out of default danger: coordinator to PM

FAISALABAD: Pakistan has come out of the danger of default due to the positive policy interventions while it was now...

Published 19 Jan, 2025 02:47am

Business & Finance

PM welcomes C/A surplus

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday welcomed the current account surplus posted for the third...

Published 18 Jan, 2025 05:45am

Business & Finance

FPCCI hosts seminar

KARACHI: Under the leadership of Shaukat Jilani, Convener of the Sindh Regional Committee on Consumer and Public...

Published 18 Jan, 2025 05:45am

Pakistan

Downsizing of govt depts hailed

KARACHI: Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum,...

Published 13 Jan, 2025 03:06am

Opinion

Global economy: China anchor of stability

Amid numerous challenges faced by the global economy, China, as the world’s second-largest economy, continues to...

Published 12 Jan, 2025 02:44am

Business & Finance

‘NKATI ready to work with all associations for budget proposals’

KARACHI: Faisal Maize Khan, President of the North Karachi Association of Trade and Industry (NKATI), has stated the...

Published 08 Jan, 2025 06:26am

Business & Finance

LCCI welcomes visit of UAE President

LAHORE: The Lahore Chamber of Commerce and Industry has termed UAE President Sheikh Mohammed bin Zayed Al Nahyan’s...

Published 07 Jan, 2025 06:37am

Business & Finance

ezfile, Companies Regulations 2024: SECP holds awareness session at ICCI

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has reviewed existing regulations, reduced the...

Published 03 Jan, 2025 07:37am

Business & Finance

SBP, govt urged to lower interest rates

LAHORE: Pakistan continues to face a barrage of economic challenges, with businesses struggling under the weight of...

Published 03 Jan, 2025 07:16am

Business & Finance

BMPP’s Core Committee elects new office bearers

KARACHI: The Core Committee of the Businessman Panel Progressive (BMPP) has elected Saqib Fayyaz Magoon as the...

Updated 02 Jan, 2025 08:09am

Business & Finance

PBF demands govt restructure tax machinery

LAHORE: Pakistan Business Forum (PBF) has called on the federal government to restructure the Federal Board of...

Published 31 Dec, 2024 06:32am

Pakistan

Peshawar: Businessmen for restoration of Hajj flight operation

PESHAWAR: Members of the business community urged the federal government and ministry of religious affairs and...

Published 30 Dec, 2024 07:18am

Business & Finance

WexNet 2025: A celebration of women entrepreneurship

LAHORE: The Trade Development Authority of Pakistan (TDAP), is thrilled to announce the 12th edition of WexNet 2025....

Published 26 Dec, 2024 08:21am

Business & Finance

Imtiaz reelected Pak-US Business Council chairman

KARACHI: Renowned businessman Shaikh Imtiaz Hussain has once again been elected as Chairman of the Pak-US Business...

Published 26 Dec, 2024 07:54am

Call to renew focus on Quaid’s vision for economic future

KARACHI: Pakistan Business Forum (PBF) says as Pakistan marks the birth anniversary of Quaid-i-Azam Muhammad Ali...

Updated 26 Dec, 2024 09:34am

Markets

‘Power bureaucracy discouraging consumers of solar energy’

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 25 Dec, 2024 08:30am

Business & Finance

PBF urges minister to present actionable roadmap for 2025

KARACHI: Pakistan Business Forum (PBF) has urged Finance Minister Muhammad Aurangzeb to present a clear and...

Published 24 Dec, 2024 08:18am

Business & Finance

Traders for honey testing lab in Peshawar

PESHAWAR: Business community has demanded of federal and provincial governments to set up a modern laboratory for...

Published 23 Dec, 2024 06:03am

Business & Finance

KCCI chief for expediting consignment clearance processes at ports

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing deep...

Published 22 Dec, 2024 02:57am

Business & Finance

Businessmen Panel for reducing cost of doing business

KARACHI: Anjum Nisar, Patron-in-Chief of the Businessmen Panel, has called on the federal government to take ...

Updated 21 Dec, 2024 09:23am

Business & Finance

‘PBF to help develop Karachi’s business community’

KARACHI: Malik Khuda Bakhsh, President of the Pakistan Business Forum (PBF) Karachi Chapter, stated that the forum...

Published 19 Dec, 2024 08:10am

Tax rates can be reduced if revenue generated effectively: FBR chief

LAHORE: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has agreed with Lahore Chamber of Commerce...

Updated 18 Dec, 2024 03:43pm

Business & Finance

UNIDO–ITPO Bahrain to set up EDIP centres in FPCCI

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that FPCCI and UNIDO–ITPO Bahrain have exchanged letters...

Published 17 Dec, 2024 06:47am

Markets

‘Interest rate still too high’: business community reacts to SBP’s cut of 200bps

Pakistan business community welcomed the State Bank of Pakistan’s (SBP) decision to cut the key policy rate by 200...

Updated 16 Dec, 2024 09:05pm

Opinion

Invest, but not for profit

The government and other key actors are grappling with conflicting objectives in addressing Pakistan’s economic...

Updated 16 Dec, 2024 07:45am

Business community leaders urge SBP to cut interest rate by 5pc

KARACHI: Business community leaders, including S.M. Tanveer, Zubair Tufail, Faisal Moiz Khan, Mazhar Nisar, Haji...

Updated 16 Dec, 2024 09:33am

Business & Finance

Electricity bills: LCCI for withdrawing fixed charges, reducing taxes

LAHORE: The Lahore Chamber of Commerce & Industry has demanded of the government to withdraw fixed charges and...

Published 14 Dec, 2024 06:46am

Business & Finance

KCCI urges SBP to reduce policy rate by 400bps

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while referring to the...

Published 13 Dec, 2024 06:29am

Foreign investment: PM expresses satisfaction over OICCI report

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed satisfaction over the latest report released by...

Updated 13 Dec, 2024 08:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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