Trends - commercial banks - Business Recorder

commercial banks

ADR financing: undermining monetary policy?

Commercial banks are on a lending spree—not due to excess liquidity or a dramatic economic turnaround, but because...

Published 12 Nov, 2024 08:41am

BR Research

FE-25 financing indicating imminent currency adjustment?

The currency market looks confused. Over the past twelve months, export financing – both pre- and post-shipment –...

Published 05 Jul, 2024 08:33am

Business & Finance

Forex reserves up $30.8m to $14.415bn: SBP

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 30.8 million during the last week, ...

Published 21 Jun, 2024 06:37am

Business & Finance

Banks slow to limit coal financing: NGO

FRANKFURT, (Germany): Banks lent almost $470 billion to the coal industry between 2021 and 2023, according to a ...

Published 03 May, 2024 06:29am

BR Research

Rising textile NPLs: who is on the hook?

Not all commercial banks are created equals. And some are certainly better capitalized than others. As the economy...

Published 04 Apr, 2024 06:10am

Business & Finance

Forex decreases by $44m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SB) decreased by $44 million to...

Published 23 Feb, 2024 06:36am

Business & Finance

NBP’s profit surges by 72%, clocks in at Rs53.3bn in 2023

National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)...

Published 22 Feb, 2024 02:48pm

Business & Finance

Kifaalat Programme: BISP launches new payment system of stipends thru six banks

ISLAMABAD: Benazir Income Support Programme (BISP) has launched a new payment system, by increasing from two to six,...

Published 22 Feb, 2024 06:55am

Opinion

Protecting the common man: navigating street banking

In this age of information, fueled by electronic media reaching the very heart of our homes, even the “common...

Published 21 Feb, 2024 05:29am

Business & Finance

Forex reserves drop by $217m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $ 217 million to $...

Published 24 Nov, 2023 05:29am

Business & Finance

Forex reserves down $79m

KARACHI: The country’s liquid foreign exchange reserves declined by $79 million to stand at $ 12.576 billion by ...

Published 03 Nov, 2023 06:11am

Opinion

Capacity payments conundrum

The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these...

Updated 19 Oct, 2023 05:34am

Business & Finance

Both banknotes of Rs75 legal tender: SBP

KARACHI: The State Bank of Pakistan (SBP) has clarified that under Section 25 of the State Bank of Pakistan Act,...

Published 13 Oct, 2023 05:50am

Business & Finance

Forex reserves down $25m

KARACHI: The country’s liquid foreign exchange reserves declined by $25 million to $13.162 billion at the end of...

Published 29 Sep, 2023 06:24am

Markets

Bank AL Habib says will establish wholly-owned Exchange Company

Becomes fourth bank in recent weeks to make this announcement

Updated 22 Sep, 2023 10:40pm

Business & Finance

Forex reserves rise

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 108 million to $ 13.187 billion as of...

Published 22 Sep, 2023 03:33am

Business & Finance

SBP extends deadline for encashment of prize bonds

KARACHI: The State Bank of Pakistan (SBP) has announced the extension in last date for...

Published 07 Sep, 2023 06:21am

Effective today: No Raast services for 2 days due to system upgradation: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days due...

Updated 03 Sep, 2023 09:37am

Banking institutions asked to strengthen financial inclusion, gender equality

KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening...

Updated 29 Aug, 2023 08:40am

Business & Finance

Pakistan Remittance Summit to be held in Dubai

KARACHI: Dellsons Associates in collaboration with leading commercial banks will organize an international...

Published 29 Aug, 2023 06:01am

Business & Finance

Forex reserves fall $131m

KARACHI: The country’s total liquid foreign exchange reserves fell by $131 million during the last week due to...

Published 25 Aug, 2023 06:34am

Business & Finance

SBP’s reserves up by $12m

KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12 ...

Published 18 Aug, 2023 05:42am

Business & Finance

$3bn bank loans given during PTI govt’s tenure: PAC again demands list of 628 beneficiaries

ISLAMABAD: Members of the Public Accounts Committee (PAC) again demanded a list of the 628...

Published 09 Aug, 2023 05:33am

Business & Finance

FPCCI disappointed over 21pc key policy rate

KARACHI: President FPCCI, Irfan Iqbal Sheikh has expressed his profound disappointment over maintaining status quo ...

Published 15 Jun, 2023 06:03am

SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months

KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks...

Updated 09 Jun, 2023 09:00am

Debit, credit cards: ECAP suggests 10pc tax on shopping abroad

KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of...

Updated 02 Jun, 2023 12:07pm

Bringing energy efficiency to industrial sector: World Bank advocates establishing credit line

WB in consultation with the National Energy Efficiency & Conservation Authority is implementing two substantial technical assistance activities to the scoping and implementation of EE&C measures in Pakistan

Updated 26 May, 2023 09:00am

Letters of credit: Banks asked to facilitate: Export-oriented sectors find favour with Dar

Finance minister reiterates government’s resolve to overcome challenges and set the economy towards growth

Updated 22 May, 2023 05:34pm

ECC approves Rs13.2bn TSG for PMRCL

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical...

Updated 09 May, 2023 09:12am

Business & Finance

FPCCI chief urges SBP to remove lien marking immediately

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has urged the State Bank of Pakistan to immediately discontinue the 3...

Published 09 May, 2023 05:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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