Trends - economic recovery - Business Recorder

economic recovery

Time to channelise remittances

Remittances have been on an uphill journey in the ongoing fiscal year. These inflows increased significantly by 34...

Published 11 Dec, 2024 08:55am

BR Research

Pump your breaks

For the first time in over 2 years, net borrowing for auto financing has become positive implying that banks have...

Published 23 Oct, 2024 08:39am

BR Research

‘Cash and Code’ driving recovery

As expected, the current account is nearly balanced in the first quarter of the fiscal year. The story is...

Published 22 Oct, 2024 06:51am

World

Sri Lanka’s leftist government secures $200mn World Bank loan

COLOMBO: Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery,...

Published 07 Oct, 2024 04:43pm

BR Research

Petroleum sales see a respite

Petroleum consumption in the country was seen growing in September-2024 as the OMCs reported robust sales in...

Updated 04 Oct, 2024 11:13am

Economic recovery: COAS praises role of China, Saudi Arabia and UAE

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir, on Friday, inaugurated the Innovista Indus IT Park in...

Updated 28 Sep, 2024 08:48am

Opinion

Utter madness

Pakistan’s economic management, particularly its treatment of export-oriented industries, is nothing short of...

Published 19 Sep, 2024 06:37am

Business & Finance

Zardari, ADB President discuss economic recovery and reforms

ISLAMABAD: Asian Development Bank (ADB) President Masatsugu Asakawa and Pakistan President Asif Ali Zardari met to...

Published 19 Sep, 2024 06:37am

Business & Finance

H2FY24: SBP expects continuation of modest recovery

KARACHI: The State Bank of Pakistan (SBP) expects continuation of modest economic recovery in the second half of ...

Published 15 May, 2024 05:47am

Business & Finance

Investment, new businesses: BoI tasked to facilitate investors

ISLAMABAD: Prime Minister Shehbaz Sharif has assigned the task of creating more facilities for investment and...

Published 11 May, 2024 06:22am

Opinion

Egypt: not a good model to emulate

Increasingly, the hope of economic recovery in Pakistan is becoming hinged on the government influenced investment ...

Published 11 Mar, 2024 04:45am

Opinion

Pakistan’s economic recovery hinges on cyber-security

Internet banking fraud is on the rise: can we fight fire with voice? Introduction: As Digitization is the new avenue...

Updated 05 Feb, 2024 06:30am

Business & Finance

Economic recovery: PBF hails COAS’s efforts

LAHORE: In a resounding display of approval, Pakistan Business Forum (PBF) has expressed satisfaction with the...

Published 15 Jan, 2024 05:03am

Business & Finance

Higher markup payments challenge persists: MoF

ISLAMABAD: The challenge of higher markup payments persists, so stated the Finance Ministry while emphasizing both...

Published 28 Dec, 2023 04:52am

Business & Finance

China to bolster economic recovery and curb risks: central bank head

SHANGHAI: China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off...

Published 21 Oct, 2023 06:17pm

SIFC forum for fast-tracking sell-off process

ISLAMABAD: Special Investment Facilitation Council (SIFC) Apex Committee has resolved with consensus on...

Updated 05 Oct, 2023 08:46am

Markets

Oil drops over 1% on worries about Chinese economy

NEW YORK: Oil prices fell over 1% on Tuesday on sluggish Chinese economic data coupled with fears that Beijing’s...

Updated 15 Aug, 2023 08:33pm

PM says areas prioritised for investment under SIFC

ISLAMABAD: A group of prominent Pakistani-American businessmen and entrepreneurs, who are currently visiting...

Updated 04 Aug, 2023 09:57am

Pakistan

Economic success remains top priority for US: Blinken

ISLAMABAD: US Secretary of State, Antony Blinken, on Tuesday, spoke with Foreign Minister Bilawal Bhutto-Zardari and...

Published 26 Jul, 2023 06:17am

PM explains why base power tariff hiked

Premier says Rs5 per unit increase was made on the demand of the IMF but also to bring circular debt down

Updated 16 Jul, 2023 11:37am

Business & Finance

Ishaq Dar appreciates businessmen for cooperation amid economic challenges

Says government measures will lead to economic revival

Published 08 Jul, 2023 10:51pm

Opinion

‘The more things change…’

This is apropos an op-ed ‘The more things change…’ carried by the newspaper yesterday. The writer, Rashed...

Published 05 Jul, 2023 06:00am

World

Improving Japan business mood signals steady economic recovery

TOKYO: Japanese business sentiment improved in the second quarter as raw material costs peaked and removal of...

Published 03 Jul, 2023 09:11am

Elimination of terrorism linked to economic recovery, political stability

ISLAMABAD: The central apex committee on Friday declared that elimination of terrorism, economic recovery and...

Updated 25 Feb, 2023 09:05am

Business & Finance

Pakistan needs productivity-enhancing reforms: World Bank

Report says that by closing female employment gap relative to its peers, Pakistan can accrue GDP gains of up to 23%

Updated 10 Feb, 2023 11:03pm

Opinion

Struggling to get IMF’s booster shot

The IMF (International Monetary Fund) is a multilateral lender with a membership of over 195 countries, from ...

Published 07 Feb, 2023 06:53am

Business & Finance

Asia’s factory activity contracts despite China’s reopening

TOKYO: Asia’s factory activity contracted in January as the boost from China’s COVID reopening had yet to offset...

Published 06 Feb, 2023 06:51am

‘National contingency energy saving plan’ prepared to reduce import bill

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Thursday that National Contingency...

Updated 16 Dec, 2022 09:27am

Opinion

A drifting economy

It is quite distressful to see the nascent economic recovery ceding way to the same uncertainty and drift that...

Published 01 Sep, 2022 05:50am

BR Research

Monetary Policy: A pause

As expected, SBP kept the policy rate unchanged. SBP took a pause. The monetary policy is expected to remain data...

Published 23 Aug, 2022 08:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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