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economic activity

ADR race: calm down your horses

The ADR race is now close to the finish line. After reaching a bottom of 37 percent in September 2024, the banking...

Updated 05 Dec, 2024 10:46am

Business & Finance

‘More policy rate cut needed to boost economic activity’

KARACHI: President of the Hub Chamber of Commerce and Industry, Yakoob H Karim welcomed the 250 basis points...

Published 06 Nov, 2024 06:10am

Business & Finance

LCCI says concerned at some taxation measures

LAHORE: While appreciating some of the pro-business measures in federal budget, the Lahore Chamber of Commerce and...

Published 13 Jun, 2024 06:51am

Opinion

Need for standard Shariah stock screening criteria

The act of narrowing down the universe of all potential stocks to a selected group of equities that meet the...

Published 27 Mar, 2024 04:38am

Major tax base-broadening initiative: ‘Tajir Dosti’ plan to be extended to more cities

ISLAMABAD: The Federal Board of Revenue (FBR) has launched a pilot project of Tajir Dost Scheme, 2024, at federal...

Updated 26 Mar, 2024 09:43am

Opinion

It’s turtles all the way down

There is an anecdote oft repeated in university environments and I am copying it from Neuroscientist Robert...

Published 24 Feb, 2024 06:42am

Challenges of inflation persist: MoF

ISLAMABAD: The Finance Ministry has said the challenges of inflation persist in the forms of supply chain...

Updated 01 Feb, 2024 08:58am

Pakistan

Pakistan’s headline inflation reading clocks in at 26.9% in October

Inflation reading significantly lower than September, when it stood at 31.4%

Updated 01 Nov, 2023 10:57pm

Higher markup payments will continue to pose big challenges: MoF

ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for...

Updated 01 Nov, 2023 09:59am

Business & Finance

PBF voices its concern over decline in country’s investment-to-GDP ratio

KARACHI: The Pakistan Business Forum (PBF) says investment-to-GDP ratio in the last fiscal year stood at 13.6...

Published 12 Oct, 2023 05:57am

Mid-Year Performance Review: Macroeconomic environment remains challenging: SBP

KARACHI: The State Bank of Pakistan (SBP) on Monday said that the macroeconomic environment remains challenging...

Updated 19 Sep, 2023 09:42am

Business & Finance

Global consumer giants’ bottom lines boosted by price hikes - but will the spending last?

NEW YORK: Major global consumer-facing companies like McDonald’s, General Motors and Nestle posted steady...

Published 02 May, 2023 05:59am

BR Research

Repatriation and dollar shortage

Dividend and profit repatriation on foreign direct invest has been falling over the last eight months of the fiscal...

Published 31 Mar, 2023 08:46am

BR Research

Oil holds firm ground

Everything the collective West has thrown at Russia, it has been responded with substance. Brent oil had its highest...

Published 14 Feb, 2023 09:32am

Pakistan

SBP says it recognises cost of monetary tightening, but curbing inflation essential

The State Bank of Pakistan (SBP) says that it recognises the short-term cost of monetary tightening on economic...

Published 30 Jan, 2023 07:50pm

Business & Finance

Korangi Causeway Bridge: KATI members praise CM for prompt action

KARACHI: Korangi Association of Trade and Industry (KATI) patron-in-chief S M Muneer, Association president Salman...

Published 29 Jul, 2022 06:14am

Business & Finance

Inflation revised up: ADB sees ‘slight’ recovery in GDP growth

Bank notes inflation in Pakistan is highest after Sri Lanka in region.

Updated 22 Jul, 2022 12:37pm

Markets

South Africa’s business owners fume as power cuts hit profits

JOHANNESBURG: South Africans’ annoyance at power cuts has given way to worry, with business owners complaining ...

Published 18 Jul, 2022 06:22am

BR Research

Petroleum consumption to come down

Consumption of petroleum products is expected to decline, and FY23 is slated to be a year with slow volumetric ...

Published 13 Jul, 2022 08:39am

Business & Finance

OICCI conveys concerns over tax anomalies in budget proposals

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has conveyed its concerns over tax anomalies...

Published 22 Jun, 2022 06:45am

Business & Finance

Investors: Govt committed to providing friendly environment: Miftah

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail said here on Thursday that the incumbent ...

Published 20 May, 2022 06:00am

Russia sends Pakistan 4-year economic cooperation roadmap

ISLAMABAD: Following the visit of former prime minister Imran Khan to Moscow, Russia has sent a draft four-year...

Updated 20 Apr, 2022 12:23pm

SBP argues why higher growth imperative

KARACHI: Pakistan’s economy maintained the growth momentum in the first quarter of current fiscal year (FY22) as...

Updated 18 Mar, 2022 10:14am

BR Research

Economic development and the planet

“…A crazy idea that there can be unlimited economic development on a planet with finite natural resources”,...

Updated 11 Feb, 2022 07:59am

World

England cuts Covid isolation period to boost economy

LONDON: The UK government said Thursday it will cut the minimum self-isolation period for those with Covid-19 in...

Published 13 Jan, 2022 07:22pm

World

UAE aims for $1 trillion in activity with Israel by 2031

DUBAI: The United Arab Emirates aims to raise the value of economic activity with Israel to more than $1 trillion in...

Updated 14 Sep, 2021 03:09pm

Pakistan

PM briefed on KP tourism roadmap

ISLAMABAD: The provincial government of Khyber Pukhtunkhwa (KP) has finalized a comprehensive roadmap to boost...

Published 29 Jul, 2021 04:48am

Economic activity rebounds strongly: IMF

ISLAMABAD: Economic activity in Pakistan worsened notably in fiscal year 2020 due to the Covid-19, recording a...

Published 06 Jun, 2021 02:56am

Pakistan

Lodhran-Multan Highway will increase economic activity, reduce travel time: PM

The 62-kilometer long section of N-5 Highway will cost Rs6.88 billion and will be completed in two years
The N-5 section of the highway will connect Karachi, Lahore, and Peshawar

Updated 04 Jun, 2021 01:21pm

World

New eurozone business loans plunge

FRANKFURT: New lending to euro zone companies plunged in April, indicating that banks are tightening access to ...

Published 01 Jun, 2021 04:59am

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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