Trends - caretaker government - Business Recorder

caretaker government

PM says cut in inflation good news for people

ISLAMABAD: Prime Minister Shehbaz Sharif has said that the reduction in inflation is good news for the people. The...

Published 03 May, 2024 06:29am

Sukuk, other Shariah-compliant financing modes: Govt wants more loans against its unencumbered assets

ISLAMABAD: The federal government has decided to issue domestic and international Sukuk and raise other...

Updated 07 Mar, 2024 09:47am

Editorials

Insulating regulators from govt interference

EDITORIAL: Reportedly, a much-needed amendments in Ogra (Oil and Gas Regulatory Authority) and Nepra (National...

Published 01 Mar, 2024 02:59am

Discos: Govt refuses to appoint IFC as TA of privatisation

ISLAMABAD: The caretaker government has reportedly refused to appoint International Finance Corporation (IFC) as the...

Updated 28 Feb, 2024 08:58am

Answer to question about IK’s letter: IMF says won’t comment on developments

The International Monetary Fund says it is looking forward to working with the new government

Updated 24 Feb, 2024 04:10pm

Pakistan

LHC suspends notification of fixing drug prices

LAHORE: The Lahore High Court on Thursday suspended a notification of fixing drug prices. Earlier, the petitioner...

Published 23 Feb, 2024 06:36am

Pakistan

PM, CM Punjab hold farewell meeting

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday held a farewell meeting with Caretaker Punjab Chief...

Published 23 Feb, 2024 06:36am

Pakistan

JIT to probe ‘campaign’ against ECP, govt officials

ISLAMABAD: The government has formed a joint investigation team (JIT) for probing into the ongoing malicious...

Updated 22 Feb, 2024 09:12am

Hike in prices of 146 essential drugs notified

ISLAMABAD: The caretaker government on Wednesday notified an increase in prices of 146 essential drugs in line with...

Updated 22 Feb, 2024 09:15am

Markets

NKATI condemns hike in gas tariffs

KARACHI: Faisal Moiz Khan, President of the North Karachi Association of Trade & Industry (NKATI), has condemned...

Published 21 Feb, 2024 05:29am

Editorials

Timely intervention

EDITORIAL: Whatever possessed the caretaker government to promulgate an ordinance seeking to “neutralise the ...

Published 15 Feb, 2024 05:39am

Textile exporters blame govt for ‘economic disaster’

KARACHI: The interim rule has again drawn severe criticism for “intruding” into the economic matters that left the...

Updated 15 Feb, 2024 08:42am

PM says IMF has no issue with sell-off process

Pakistan is continuing talks with the IMF, adds the caretaker PM

Updated 13 Feb, 2024 10:06am

Proposed IRSA Act amendments: Ministers take opposite positions on CCI’s role

ISLAMABAD: The caretaker Minister for Water Resources and Planning has reportedly taken opposite positions on the...

Updated 13 Feb, 2024 09:28am

Business & Finance

H1 debt stocks jump 7.14pc to Rs65.188trn YoY

KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 4 trillion during the first...

Updated 13 Feb, 2024 08:56am

Markets

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

Business & Finance

Digital economy promotion: Roadmap prepared for next govt: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication Dr. Umar Saif has said that...

Published 12 Feb, 2024 06:25am

Pakistan

Tariff, circular debt plans: govt expects ‘further progress’ in coming week

Says there have been productive deliberations with IMF

Updated 11 Feb, 2024 11:19pm

Nation went to the polls despite security challenges: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar Saturday said voters in the general elections exercised ...

Updated 11 Feb, 2024 09:25am

Caretaker govt defends internet shutdown

ISLAMABAD: The government suspended mobile service on Election Day in view of the intelligence reports regarding...

Updated 10 Feb, 2024 09:32am

Pakistan

Cellular services suspension was imperative for smooth conduct of election: caretaker interior minister

Caretaker Interior Minister Dr Gohar Ejaz said on Friday that suspension of cellular services was needed for smooth...

Updated 09 Feb, 2024 04:37pm

Opinion

Outgoing caretakers & challenges ahead

In August 2023, Anwaar-ul-Haq Kakar assumed the charge of interim Prime Minister of Pakistan, marking the...

Published 09 Feb, 2024 03:29am

Perspectives

General Elections 2024: a job well done by the caretaker govt?

The caretaker government had one job – hold timely, free/fair elections – and that was put to the test today. To...

Published 09 Feb, 2024 12:11am

Pakistan

Caretaker Punjab CM Mohsin Naqvi appointed unopposed as PCB chairman

Caretaker Chief Minister (CM) Punjab Syed Mohsin Raza Naqvi has been elected unopposed as Pakistan Cricket Board’s...

Updated 06 Feb, 2024 08:23pm

IMF briefed about tariff, circular debt plans

International Monetary Fund seeks some clarification from the caretaker government’s team

Updated 06 Feb, 2024 10:28am

FBR restructuring: Body formed for critical tasks

ISLAMABAD: The caretaker government has constituted an eight-member high-level implementation and asset distribution...

Updated 04 Feb, 2024 09:54am

Caretakers to do only groundwork

ISLAMABAD: The caretaker government has decided that in view of its constitutional and legal mandate, it would only...

Updated 04 Feb, 2024 09:52am

Editorials

Black market for lifesaving drugs

EDITORIAL: Finally, the caretaker government has taken the tough but necessary decision of approving an increase in...

Published 03 Feb, 2024 05:46am

Pakistan

Punjab cabinet rejects imposition of 3 MPO

LAHORE: The Punjab Cabinet has turned down the proposal to extend the imposition of 3 MPO in the province for three...

Published 01 Feb, 2024 04:52am

Business & Finance

Sugar mills evading tax to face crackdown

ISLAMABAD: The caretaker government has decided to start crackdown on sugar mills involved in tax evasion, well...

Published 01 Feb, 2024 04:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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