Trends - economic situation - Business Recorder

economic situation

Govt threatens to further slash PSDP

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that due to the worst...

Updated 31 Aug, 2024 03:34pm

Pakistan

‘Economic situation is showing signs of improvement’

ISLAMABAD: Barrister Aqeel Malik, the Government’s Spokesperson on Legal Affairs, on Wednesday said that the...

Published 01 Aug, 2024 06:55am

Pakistan

Kaira meets Governor: Political stability must for economic boost: Governor

LAHORE: Senior leader of Pakistan People’s Party, Qamar Zaman Kaira, met Governor Punjab Sardar Saleem Haider Khan...

Published 27 Jun, 2024 06:52am

PTI says economic situation does warrant IMF programme

ISLAMABAD: Terming the new International Monetary Fund (IMF) programme as “highly critical” as it involves all the...

Updated 26 Mar, 2024 09:43am

Pakistan

Shehbaz, Aleem take stock of situation

LAHORE: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan met the former prime minister and the PML-N...

Published 24 Feb, 2024 06:42am

Pakistan

Bilawal says economic situation deteriorating by the day

KARACHI: Pakistan People’s Party (PPP) chairman Bilawal Bhutto Zardari has said that the economic situation of the...

Published 10 Sep, 2023 03:20am

COAS explains to businesspeople SIFC potential

Emphasises Special Investment Facilitation Council's potential to attract substantial investments of up to 100 billion dollars from countries such as Saudi Arabia, UAE, Kuwait and others

Updated 04 Sep, 2023 11:39am

Finance minister briefed by MoF officials

ISLAMABAD: Dr Shamshad Akhtar assumed the charge of caretaker finance minister on Thursday. Soon after taking oath,...

Updated 18 Aug, 2023 09:42am

Pakistan

Country’s economy showing signs of improvement: Governor

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Monday that despite difficult economic situation, the...

Published 20 Jun, 2023 03:16am

RRMC takes stock of economic situation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of...

Updated 30 Apr, 2023 09:21am

Business & Finance

Concerns voiced over country’s current economic situation

LAHORE: “Inflation in Pakistan is all-time high since 1974, and in a country where about a quarter of the...

Updated 23 Mar, 2023 06:08am

Business & Finance

Import restrictions: Bannu Woollen Mills shuts production for 6 weeks

Cites current economic situation and its effect on the ability of the banks to open LCs for import of raw materials as reason

Updated 22 Mar, 2023 09:32pm

Pakistan

Dar leaves for Qatar

ISLAMABAD: Federal Finance Minister Ishaq Dar on Monday left on a two-day visit of Qatar for talks aimed at...

Published 24 Jan, 2023 06:06am

Pakistan

Alvi exhorts stakeholders to put aside differences, hold talks

ISLAMABAD: President Dr Arif Alvi has expressed his serious concerns about Pakistan’s economy and said if all...

Published 13 Jan, 2023 06:05am

Pakistan

Traders tell ministers closure of shops at 8pm ‘unacceptable’

ISLAMABAD: All Pakistan Anjuman-e-Tajran (APAT) on Wednesday conveyed to the Minister for Defence Khawaja Muhammad...

Published 29 Dec, 2022 05:59am

Closure of shops by 8pm: Policy hinges on provinces’ nod of acknowledgement

Khawaja Asif says energy saving policy would be accorded final approval on Thursday

Updated 21 Dec, 2022 10:14am

Opinion

There’s a mood of gloom and despondency

A wave of despondency pervades the entire country because of growing political instability that has been exacting ...

Published 18 Dec, 2022 03:36am

PM, Dar, others take stock of economic situation

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said the government would fulfil its current programme with...

Updated 15 Dec, 2022 09:55am

PM rejects default speculations with much vehemence

Says government has taken much needed measures to save Pakistan from default

Updated 13 Dec, 2022 09:43am

Pakistan

Foreign investors, banks unwilling to invest: Imran Khan

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that fresh elections were imperative to remove...

Updated 13 Dec, 2022 09:36am

Pakistan

SBP chief meets Sindh governor

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed met Sindh Governor Kamran Khan Tesori at the Governor...

Published 09 Dec, 2022 05:58am

Pakistan

‘Informal’ govt-PTI talks underway: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry has revealed that they were holding...

Published 06 Dec, 2022 05:58am

Dar meets Alvi ahead of COAS’ appointment

Finance minister briefed the president on the various steps taken to provide relief to the general public

Updated 19 Nov, 2022 10:39am

Survey: businesspeople pessimistic about prospects

KARACHI: Entrepreneurs and businessmen are getting increasingly pessimistic about the future of their businesses,...

Updated 02 Nov, 2022 09:41am

Take flood havoc into account, Dar pleads with IMF

Federal Minister for Finance and Revenue briefs IMF Mission Chief Nathan Porter on the economic situation caused by devastating floods

Updated 30 Sep, 2022 09:47am

Pakistan

President, PM discuss security, economic situation

ISLAMABAD: Prime Minister Shehbaz Sharif called on President Dr Arif Alvi on Wednesday to discuss the country’s...

Published 29 Sep, 2022 06:44am

Pakistan

Shehbaz meets Nawaz, Dar at Hassan’s office

LONDON: Prime Minister Shehbaz Sharif and Pakistan Muslim League–Nawaz (PML-N) supremo Nawaz Sharif agreed to hold...

Updated 19 Sep, 2022 09:34am

Pakistan

Pasha lauds MPC’s decision to maintain policy rate

ISLAMABAD: Former finance minister Dr Hafeez Pasha has stated that Monetary Policy Committee’s decision to ...

Published 24 Aug, 2022 05:08am

Business & Finance

ICCI asks politicians to take economic situation ‘very seriously’

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Sunday asked all the political parties to take...

Published 01 Aug, 2022 05:54am

Business & Finance

Govt urged to support SMEs to reduce import-export gap

LAHORE: The Small and Medium Enterprises (SMEs) are the backbone of the economy; SMEs have to be promoted to...

Published 08 Jul, 2022 06:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 17	277.85
USD PKR Interbank Buying / Oct 17	277.65
USD to Japanese Yen / Oct 17	149.75
USD to Swiss Franc / Oct 17	0.87
Pound Sterling to USD / Oct 17	1.30
Euro to USD / Oct 17	1.09

Stock	Volume
S&P 500 / Oct 16	5,842.47
Nasdaq / Oct 16	18,367.08
Dow Jones / Oct 16	43,077.70
India Sensex / Oct 17	81,029.70
Tokyo Nikkei / Oct 17	38,911.19
Hang Seng / Oct 17	20,079.10
FTSE 100 / Oct 17	8,325.96
Germany DAX 30 / Oct 17	19,546.86

Item	Value
Crude Oil USD/Barrel / Oct 17	70.23
Karachi Cotton PKR/37.32 KG / Oct 17	18,085
Gold 10 Grams PKR / Oct 17	238,254
Gold Spot USD/Ounce / Oct 17	2,682.78
Cotton US¢/pound / Oct 17	70.58
Petrol/Litre / Oct 18	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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