Trends - Economic Coordination Committee

Economic Coordination Committee

Special meeting: ECC shows concern over implementation delays

The Economic Coordination Committee (ECC) has shown concern over delays in the implementation of its decisions, the...

Published 27 Nov, 2024 09:56pm

Markets

ECC approves power relief package for winter

Consumers to be charged a flat rate of Rs26.07 per unit for electricity usage above benchmark consumption

Updated 19 Nov, 2024 08:45pm

Business & Finance

SCO summit: Rs2.7bn spent on arrangements, beautification of Islamabad, interior ministry tells ECC

Economic Coordination Committee approves Circular Debt Management Plan for FY 2024-25

Updated 04 Nov, 2024 11:01pm

Pakistan

ECC approves Rs2.94bn grant for purchase of 2 e-passport, 6 desktop personalisation systems

Decision aims to ensure uninterrupted, smooth business of Director General Immigration & Passports, Finance Division says

Published 01 Nov, 2024 10:47pm

Markets

ECC allows additional export of 500,000 MT of surplus sugar

Decision taken in view of availability of sufficient surplus stocks, Finance Division says

Updated 11 Oct, 2024 10:36pm

Pakistan

PM Shehbaz hands over ECC chair to finance minister Aurangzeb

Earlier, premier had decided to head committee himself

Updated 24 Mar, 2024 07:42pm

Selling imported urea thru local firms: Cabinet approves principles of basket price mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved principles of basket price...

Updated 12 Feb, 2024 10:10am

Markets

Govt-KE draft agreements: ECC approves Power Division’s proposal

Directs Power Division to present matter related to KE’s generation enhancement plan to the CCOE

Updated 15 Dec, 2023 10:42pm

Markets

Gas tariff hike to address Pakistan’s economic woes: energy minister

Says Sui companies would have sustained losses to the tune of over Rs400 billion if gas prices were not raised

Updated 31 Oct, 2023 10:48pm

Markets

Gas tariff hike to bode well for Pakistan in upcoming IMF review: brokerage house

Topline Securities says chemical sector is likely to be significantly impacted as gas prices constitute a major part of total cost and impact is unlikely to be passed on to final consumers

Updated 24 Oct, 2023 10:31pm

Business & Finance

PIA says govt support ‘eases out’ financial woes, ‘restructuring also on track’

Debt-ridden Pakistan International Airlines (PIA) said on Saturday that its financial woes have “eased out” after...

Updated 09 Sep, 2023 04:48pm

Markets

Pakistan LNG allowed to execute framework agreement with Azerbaijan’s SOCAR

ECC directs Ministry of Petroleum to determine LNG needs at least three months in advance on rolling basis

Published 14 Jun, 2023 03:27pm

Markets

ECC approves fixing maximum price of 49 new drugs

Also gives approval for issuance of government of Pakistan guarantee amounting to Rs9.5bn for the project construction of Hyderabad-Sukkur motorway on build-operate-transfer basis

Published 05 Jun, 2023 08:26pm

Markets

ECC approves SNGPL-based fertilizer plants to operate beyond May 31 on indigenous gas

Fatima Fertilizer (Sheikhupura) and Agritech to operate till August 31 with no govt subsidy requirement

Published 24 May, 2023 05:19pm

Pakistan

Roosevelt Hotel: ECC approves execution of settlement agreement

Agreement with the Hotel Union and the New York City Government (NYCG) will seek utilisation of the Roosevelt Hotel over a period of three years for immigrant housing business

Updated 10 May, 2023 05:36pm

Pakistan

ECC greenlights supply of indigenous gas to fertilizer sector

The Economic Coordination Committee (ECC) on Wednesday approved the supply of indigenous gas to fertilizer plants to...

Updated 15 Mar, 2023 09:51pm

High-speed diesel on a fortnightly basis: ECC decides to revise premium mechanism for import

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to revise the premium mechanism for...

Updated 26 Mar, 2022 10:45am

SAPM explains China’s approach to 2nd phase of CPEC

ISLAMABAD: Special Assistant to the Prime Minister on CPEC Affairs, Khalid Mansoor said that China has given the...

Updated 08 Feb, 2022 09:29am

ECC to meet today

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet will meet today (Wednesday) to take up 15-point...

Updated 19 Jan, 2022 01:40pm

Ehsaas Targeted Commodity Subsidy Programme: Rs106.102bn approved by ECC

ISLAMABAD: A special meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs106.102...

Updated 18 Dec, 2021 09:30am

Tarin to become adviser to PM?

ISLAMABAD: Finance Minister Shaukat Tarin is likely to be appointed as Adviser to Prime Minister on Finance on...

Updated 12 Oct, 2021 09:41am

Urea fertilizer plants: Ministry reluctant to supply LNG

ISLAMABAD: Ministry of Energy (Petroleum Division) is reportedly reluctant to supply LNG to two urea fertilizer...

Updated 12 Oct, 2021 09:53am

FBR asked to resolve 4pc WHT issue of IPPs

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Federal Board of Revenue (FBR) to...

Updated 11 Oct, 2021 09:24am

Up to December: ECC finalises 280,000 MTs of wheat requirement for USC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has finalised 280,000 metric tonnes wheat...

Updated 08 Oct, 2021 09:17am

CPPA-G payables: PD urges ECC to adjust pending tariff claims of KE

ISLAMABAD: Power Division (PD) is said to have proposed to Economic Coordination Committee (ECC) of the Cabinet to...

Updated 29 Sep, 2021 10:00am

Hasty summaries of ministries irk cabinet division

ISLAMABAD: The Cabinet Division is said to have expressed serious concern on submission of summaries by the...

Published 03 Sep, 2021 03:08am

Export-oriented sectors: ECC approves continuation of gas, power subsidy

Move aimed at reducing cost of manufacturing and supporting the momentum of growth in exports

Updated 17 Aug, 2021 09:48am

ECC approves ‘remittance loyalty’ plan

Programme of around Rs14 billion will provide incentives to overseas Pakistanis to encourage them to send home more remittances through formal channels
Purpose is to help govt deal with expected increase in current account deficit

Updated 12 Aug, 2021 09:32am

New policy for relending of foreign loans unveiled

ISLAMABAD: Relending to borrowers including provincial governments, federal and provincial entities, departments,...

Updated 12 Aug, 2021 09:35am

Wheat import exempted from PPRA rules

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has exempted import of 0.4 Million Metric Tons (MMT) ...

Published 30 Jul, 2021 04:31am

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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