Trends - coalition government - Business Recorder

coalition government

Short-sighted and irresponsible

EDITORIAL: The PML(N)-led coalition government continues to make a mockery of the rule of law, keeping former prime...

Published 19 Jul, 2024 06:12am

Editorials

MQM (P)-PPP spat

EDITORIAL: The Sindh High Court ordered to scrap the entire recruitment process initiated last year by the PPP...

Published 04 Jul, 2024 06:21am

Election was ‘biggest robbery’, says Imran

ISLAMABAD: Jailed former prime minister Imran Khan said on Thursday February’s national election was stolen from his...

Updated 31 May, 2024 09:19am

Markets

SBA: IMF awaits formation of PM Shehbaz's cabinet ahead of sending mission for 2nd review

In press briefing, Julie Kozak, Director of Communications, says focus is on completion of current Stand-By Arrangement, IMF 'stands ready' to send mission

Updated 08 Mar, 2024 11:30pm

Markets

Selling pressure returns as KSE-100 settles in red

Investors resort to profit-taking, say market analysts

Updated 05 Mar, 2024 08:26pm

MQM-P, PML-N reach formal agreement

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) and Muttahida Quami Movement (MQM-P) have reached a formal agreement...

Updated 02 Mar, 2024 05:39pm

Markets

Positive momentum at PSX as govt formation takes shape

Positive sentiments led by political clarity over the formation of a new government were witnessed at the Pakistan...

Updated 01 Mar, 2024 07:17pm

Markets

In response to question on PTI letter, US urges Pakistan’s new govt to continue working with IMF

State Dept spokesperson says policies over the next several months will be crucial for the country

Updated 29 Feb, 2024 11:13pm

Markets

Bullish run continues at PSX, KSE-100 up nearly 1.4%

The buying spree comes after China rolled over a $2 billion loan to Pakistan

Updated 29 Feb, 2024 10:30pm

Finance minister’s slot: New govt may not accept non-party technocrat

ISLAMABAD: Pakistan Muslim League (PML-N)-led coalition government may be reluctant to accept a non-party technocrat...

Updated 29 Feb, 2024 01:44pm

Markets

Bulls return to PSX as KSE-100 closes nearly 500 points higher

Corporate results, political clarity on formation of govt keep investors interested

Updated 28 Feb, 2024 10:30pm

Pakistan

Pakistan’s rating likely to ‘be upgraded’ if govt’s external, liquidity risks reduce: Moody’s

Maintains Pakistan’s credit rating at Caa3 for long-term issuer rating, with a stable outlook

Updated 27 Feb, 2024 07:45pm

Pakistan

PML(N) MNA-elect says new govt to make efforts aimed at promoting ease of doing business

ISLAMABAD: “The incoming coalition government would focus on promoting ease of doing business to facilitate the...

Published 24 Feb, 2024 06:42am

Opinion

There’s need to focus on economy

Breaking a two-week impasse following elections, Pakistan’s political power-brokers, after extensive negotiations,...

Published 24 Feb, 2024 06:42am

Pakistan

PTI rejects PML(N)-PPP agreement

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday plainly rejected what it called ‘malicious attempts to...

Published 22 Feb, 2024 06:55am

PML-N negotiates terms with other parties

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has geared up efforts for making the next coalition government in...

Updated 22 Feb, 2024 09:13am

Markets

KSE-100 settles with 1.8% gain despite mid-session profit-taking

Consensus between PML-N and PPP regarding formation of government drives positive sentiment

Updated 21 Feb, 2024 05:32pm

PML-N, PPP say Shehbaz to be PM, Zardari president

ISLAMABAD: Following several rounds of consultations, the major political parties – Pakistan Muslim League-Nawaz...

Updated 21 Feb, 2024 10:40am

Pakistan

PPP, PML-N agree on power-sharing formula for coalition govt

Bilawal says Shehbaz Sharif will be coalition's joint candidate for premiership, Asif Ali Zardari for presidency

Published 21 Feb, 2024 12:11am

Markets

Election outcome in Pakistan ‘may complicate’ new IMF deal: Fitch

Pakistan’s vulnerable external position means securing financing from multilateral and bilateral partners will be 'one of the most urgent issues on the agenda for the next government'

Updated 19 Feb, 2024 10:25pm

Pakistan

Another round of talks today: Dar

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leader Ishaq Dar Wednesday said the two committees of the...

Published 15 Feb, 2024 05:39am

Pakistan

New coalition echoes same old problems

ISLAMABAD: Pakistan’s newly declared coalition government echoes the 2022 alliance that ousted Imran Khan, ...

Published 15 Feb, 2024 05:39am

Markets

PSX on path to recovery

KARACHI: Pakistan Stock Exchange (PSX) continued sharp recovery on Wednesday as political uncertainty eased after ...

Published 15 Feb, 2024 05:39am

Pakistan

Shehbaz, not Nawaz, will be PML-N’s candidate for premiership: Asif

LAHORE: Signs of formation of a coalition government at the federal level have emerged, as indicated by senior PML-N...

Published 13 Feb, 2024 05:59am

PML-N, PPP wrangle over premiership

ISLAMABAD: Country’s two largest political parties were on Monday wrangling over who will be prime minister after an...

Updated 13 Feb, 2024 08:55am

What’s next in election deadlock?

ISLAMABAD: National election ended with no party winning a majority in parliament, in polls marred by militant...

Updated 12 Feb, 2024 08:43am

PTI chairman says his party will form govts in Centre, KP and Punjab

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Ali Khan on Saturday claimed that the party would...

Updated 11 Feb, 2024 02:07pm

Nawaz hints at forming PML(N)-led coalition govt

LAHORE: Announcing that the Pakistan Muslim League-Nawaz (PML-N) has emerged as the single largest party in the...

Updated 10 Feb, 2024 04:17pm

Opinion

Path of maximum uncertainty

The market’s given a roaring farewell to the coalition government (up about 20pc since the SBA) but – write this...

Published 10 Aug, 2023 06:35am

PM terms 16-month tenure most difficult test of his life

ISLAMABAD: Shehbaz Sharif made his final appearance in National Assembly on Wednesday as prime minister with all...

Updated 10 Aug, 2023 09:49am

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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