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DFIs

DFIs having interests in IPPs move Nepra

Development Finance Institutions confirms opting for term SOFR+CAS as the base rate for replacement of London Interbank Offered Rate

Updated 13 Nov, 2024 09:24am

Business & Finance

SME sector: SBP revises per party exposure limits

KARACHI: Aimed at facilitating the SME sector, the State Bank of Pakistan (SBP) has revised the per party exposure...

Published 09 Oct, 2024 06:26am

SBP increases clean lending limit for SMEs by 100pc

KARACHI: Amending the Prudential Regulations for SME Financing, the State Bank of Pakistan (SBP) has announced to...

Updated 17 Aug, 2024 02:37pm

FIs facing problems: SBP to amend and extend timelines of IFRS 9

KARACHI: The State Bank of Pakistan (SBP) has decided to make some amendments and extend the timelines of IFRS 9...

Updated 31 Jul, 2024 10:18am

Business & Finance

Business community for soft loans to new entrepreneurs in KP

PESHAWAR: Business community urged the Bank of Khyber (BoK) and other commercial banks to issue soft loans for...

Published 22 May, 2024 05:54am

Pakistan

Bank holiday

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 01, 2024, which...

Published 30 Dec, 2023 06:28am

SBP launches ‘SUNWAI’ portal to address complaints

KARACHI: The State Bank of Pakistan (SBP) has launched “SUNWAI”- a facilitative portal for consumer to address their...

Updated 30 Dec, 2023 09:22am

Pakistan

PBA conducts training session on trade-based money laundering

KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade...

Published 01 Dec, 2023 04:43am

Editorials

Harnessing DFIs

EDITORIAL: Caretaker Finance Minister Dr Shamshad Akhtar is right in stressing that DFIs (Development Finance...

Published 14 Nov, 2023 05:08am

Business & Finance

Capital market: DFIs can be potential drivers of growth: Shamshad

ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar Thursday said the Development Finance...

Updated 10 Nov, 2023 08:44am

Energy projects sans Chinese IPPs: PPIB resubmits transition from LIBOR to ‘SOFR’

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has resubmitted the transition from LIBOR to SOFR for...

Updated 31 Oct, 2023 10:02am

From Libor to SOFR: DFIs anxiously waiting for transition

10 Development Finance Institutions wait for transition from USD London Interbank Offer Rate to Secured Over Night Financing Rate in Pakistani energy sector

Updated 23 Oct, 2023 10:11am

Meeting with Dr Shamshad: Banks, DFIs agree to set up private equity, venture funds

KARACHI: Dr. Shamshad Akhtar, Federal Minister for Finance, Revenue and Economic Affairs, chairing a meeting with...

Updated 01 Oct, 2023 10:43pm

Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze...

Updated 28 Sep, 2023 10:18am

Budget proposals by PBA: FBR urged to gradually reduce tax rate for banks

KARACHI: Pakistan Banks Association (PBA), demanding a level playing field, has proposed to the Federal Board of...

Updated 26 May, 2023 08:52am

Business & Finance

SBP invites applications for selection of PDs

KARACHI: The State Bank of Pakistan (SBP) has invited applications for selection of Primary Dealers/Preliminary...

Published 13 May, 2023 05:59am

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

Opinion

Infrastructure financing gap

On the 14th of March 2023, InfraZamin Pakistan hosted the country’s first-ever summit on infrastructure titled...

Published 03 May, 2023 06:35am

Business & Finance

Banks, DFIs with Rs500bn or above assets: SBP extends date for implementation of IFRS 9

KARACHI: The State Bank of Pakistan (SBP) has extended the date for the implementation of International Financial...

Published 14 Apr, 2023 05:59am

USD LIBOR to SOFR: DFIs concerned at transitioning delay

ISLAMABAD: The world’s top ten Development Finance Institutions (DFIs) have expressed serious concern at...

Updated 10 Apr, 2023 08:33am

Foreign loans of IPPs: PPIB seeks guidance to replace Libor with SOFR

ISLAMABAD: The Private Power Infrastructure Board (PPIB) has proposed the Finance Ministry to provide guidance...

Updated 21 Dec, 2022 10:03am

Amendments to power plants’ documents,transition from USD Libor benchmark to SOFR: MoF urges PD to nominate body as focal point

ISLAMABAD: The Ministry of Finance has urged the Power Division to nominate a body as focal point to facilitate...

Updated 09 Dec, 2022 09:31am

ECC approves Kissan Package: Power tariff for tubewells reduced to Rs13 per unit

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved Kissan Package-2022 with a...

Updated 30 Nov, 2022 09:51am

Agreements with IPPs: DFIs underscore need for amendments

DFls are in the process of coordinating proposals for amendments to be made to the financing agreements and are sharing these with the IPPs to which they lend

Updated 28 Nov, 2022 10:55am

SBP launches ‘ESRM manual’ for banks and DFIs

KARACHI: The State Bank of Pakistan (SBP) Wednesday launched Environmental & Social Risk Management (ESRM)...

Updated 10 Nov, 2022 09:08am

Business & Finance

SBP directs FIs to submit shareholding info

KARACHI: The State Bank of Pakistan (SBP) has directed the Financial Institutions to submit shareholding information...

Updated 26 Oct, 2022 09:30am

Enhancement in limits: SBP makes key amendments to PRs for agri financing

KARACHI: The State Bank of Pakistan (SBP) has made amendments to Prudential Regulations (PRs) for Agriculture...

Updated 20 Sep, 2022 09:49am

Implementation of IFRS 9: SBP issues final instructions

Business & Finance

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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