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Economic distress

2025: Economic challenges meeting political crossroads

2024 was a year of economic stabilization for Pakistan. Inflation plummeted, the exchange rate showed marginal...

Published 30 Dec, 2024 06:24am

Opinion

The fault is not in our stars but in ourselves!

Federal Finance Minister Muhammad Aurangzeb has consistently pledged implementation of all agreed reforms in the...

Published 30 Dec, 2024 06:21am

Jul-Dec: SOEs post staggering Rs408bn losses

Brings accumulated losses since 2014 to Rs5.9 trillion till December 2024

Updated 28 Dec, 2024 05:12pm

Opinion

Need for a more balanced policy emphasis by Pakistan and Argentina

Pakistan and Argentina have somewhat similar macroeconomic, and growth consequences, whereby although the extent of...

Published 27 Dec, 2024 06:27am

Opinion

Fiscal crisis and reset

Pakistan’s fiscal system has long been under immense strain due to the mounting pressure of borrowing and the...

Published 27 Dec, 2024 06:27am

Editorials

A fragile economy

EDITORIAL: Dr Hafiz Pasha while speaking in an Aaj Television programme expressed serious reservations over ...

Published 24 Dec, 2024 06:53am

Opinion

Imbalanced balance of payments

There has been celebration about the surplus of USD 944 million from July to November 2024 in the current account...

Updated 24 Dec, 2024 07:38am

Editorials

Debt sustainability analysis

EDITORIAL: A debt sustainability analysis conducted by the Ministry of Finance concluded that its attainment will...

Updated 17 Dec, 2024 08:22am

Opinion

Lack of awareness of IMF conditions

Pakistan’s private sector elite in industry and the farm sectors, major non-institutional recipients of budgeted...

Updated 16 Dec, 2024 07:42am

Opinion

Invest, but not for profit

The government and other key actors are grappling with conflicting objectives in addressing Pakistan’s economic...

Updated 16 Dec, 2024 07:45am

Editorials

Blaming IMF for inflation!

EDITORIAL: In response to a query from a member of the Treasury benches, Tahira Aurangzeb, the Ministry of Finance...

Published 13 Dec, 2024 07:27am

Markets

Outsandings against provincial depts/entities: Power minister seeks CMs’ intervention for recovery

ISLAMABAD: Minister for Power, Sardar Awais Ahmed Khan Leghari has sought personal interventions of chief ministers...

Published 13 Dec, 2024 06:29am

CAD declined 79pc in 2MFY25, NA told

ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb said the Current Account Deficit (CAD) has declined...

Updated 12 Dec, 2024 09:07am

Business & Finance

Post-harvest losses in country up to 40pc, says ADB

ISLAMABAD: Post-harvest losses in Pakistan are estimated at 20 to 40 percent for various crops, due to lack of...

Published 10 Dec, 2024 08:20am

Opinion

Poor FBR performance

The monthly Economic Update and Outlook was uploaded on the Finance Division website on 28 November 2024 with the ...

Updated 09 Dec, 2024 08:11am

Opinion

Unravelling of the Textile Sector

Pakistan’s textile industry, a key component of the economy and a full-spectrum value chain, is unravelling under...

Updated 09 Dec, 2024 08:21am

Editorials

Pledge to IMF reforms

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb, during a recent briefing to the National Assembly Standing...

Updated 07 Dec, 2024 08:47am

Opinion

Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with...

Updated 06 Dec, 2024 08:09am

Opinion

A truly global economic policy needed

In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of...

Updated 06 Dec, 2024 08:12am

Editorials

Petroleum industry: a messy corner of economy

EDITORIAL: Petroleum sales have picked up and reached a 25-month high in November. The increase is attributed mainly...

Updated 06 Dec, 2024 08:00am

Opinion

Pakistan’s energy revolution: 35% gas reserve for private firms

Amid growing energy challenges and economic strains, Pakistan has embarked on a transformative journey to revitalize...

Published 05 Dec, 2024 07:24am

Editorials

Retirement age proposal

EDITORIAL: The recent proposal to reduce retirement age from 60 to 55 years for the bureaucracy warrants a serious...

Published 05 Dec, 2024 07:16am

PCP, PR, OPF boards’ reconstitution gets nod: CCoSOEs concerned over Rs1trn annual losses by SOEs

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), Wednesday, expressed serious concerns over...

Updated 05 Dec, 2024 09:17am

Opinion

Falling industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released recently for the first quarter of...

Updated 03 Dec, 2024 06:30am

Pakistan

PTI protests have caused Rs192bn daily losses: ministry

ISLAMABAD: Pakistan Tehreek-e-Insaf’s recent protests caused Rs 192 billion indirect losses per day to the...

Published 02 Dec, 2024 06:04am

Opinion

Falling farm income reverberates across wider economy

One of the key reasons for macroeconomic stability is the decline in commodity prices, driven by both global and...

Updated 02 Dec, 2024 07:26am

Pakistan

PTI ‘violent protests’ caused Rs192bn daily losses to economy: Interior Ministry

The recent “violent protests” organised by the Pakistan Tehreek-e-Insaf (PTI) resulted in indirect economic losses...

Updated 01 Dec, 2024 10:28pm

Opinion

It’s all about political stability

Perturbed by the ongoing political uncertainty, the trade and industry leaders met and expressed concerns that the...

Published 30 Nov, 2024 06:26am

Editorials

Crisis has been stalled but it’s far from over

EDITORIAL: After heavy volatility last week, the KSE-100 finally touched the milestone of 100k mark. The current...

Published 29 Nov, 2024 06:07am

Editorials

PTI protest and its impact on economy

EDITORIAL: The chaotic scenes witnessed in Islamabad on November 26, marked by clashes between PTI protesters and...

Updated 28 Nov, 2024 06:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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