Trends - economy - Business Recorder

economy

Improved macro indicators: Govt explains approach to economy

KARACHI: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday said macroeconomic...

Updated 08 Dec, 2024 09:40am

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

BR Research

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

Pakistan

‘Youth must be equipped with entrepreneurial skills’

FAISALABAD: It is need of the hour to develop knowledge-based economy, strong academy industry linkages and to...

Published 04 Dec, 2024 03:14am

Opinion

Use of technology to deal with illegal spectrum of economy in effective manner

“The best way to predict the future is to invent it.” - Alan Kay This sentiment captures the essence of...

Published 04 Dec, 2024 03:14am

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

BR Research

Trump’s back to the future

Hindsight may be 20-20 but when it comes to a U.S. election contested by one Mr. Donald Trump, it is a blur of...

Published 11 Nov, 2024 08:59am

Opinion

‘America’s freedom of opinion: equality or exclusivity?’

For example, when we surveyed the Detroit and Dearborn areas, home to predominantly Arab communities, including...

Published 10 Nov, 2024 02:51am

Scholz summons two ministers over rival plans to fix economy

BERLIN: German Chancellor Olaf Scholz will hold meetings with his top two ministers to seek common ground after they...

Updated 04 Nov, 2024 09:21am

Opinion

Foundations of real-world economics: what every economics student needs to know

The collapse of communism diverted the world economies to a liberalization regime, where economic freedom and...

Published 29 Oct, 2024 03:27am

Opinion

The economics of conflict

Conflict has a vastly different impact on different economies based on how insulated it may be (either voluntarily ...

Updated 28 Oct, 2024 08:31am

Business & Finance

Minister says annual volume of economy to reach ‘$3trn mark soon’

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, on Monday, hoped that the...

Published 22 Oct, 2024 06:33am

Opinion

When trust goes down…

Business goes down. Stock market goes down. Growth goes down. These are the hot news ingredients that become...

Updated 16 Oct, 2024 08:39am

Opinion

Economic challenges can be overcome through creative thinking

The economy is not getting better. It will not get better until full scale structural reforms of the economy take...

Published 15 Oct, 2024 06:47am

ADB EDs assure support to structural reforms, stabilise economy

ISLAMABAD: Asian Development Bank (ADB) Executive Directors assured continuous support to Pakistan on government’s...

Updated 10 Oct, 2024 08:48am

Opinion

Kamala Harris’s Achilles’ heel: the faltering economy

Being in the US and experiencing the pre-election excitement and frenzy is an incredible experience. Unlike in our...

Published 08 Oct, 2024 06:46am

Opinion

Country in the throes of intense political instability?

It increasingly appears that the country’s economy is moving in the right direction. Declining inflation, price...

Updated 07 Oct, 2024 08:15am

Editorials

The logjam in the economy continues

EDITORIAL: Former finance minister Dr Hafiz Pasha recently maintained that the revenue shortfall that he projected ...

Updated 07 Oct, 2024 08:14am

Economy: govt now expressing great happiness

Federal Minister for Information and Broadcasting Attaullah Tarar says the world is acknowledging the country’s viable economic policies

Updated 06 Oct, 2024 05:06pm

Opinion

Country’s energy woes

Energy sector issues risk further deepening Pakistan’s socio-economic divides as recent years have witnessed an...

Updated 30 Sep, 2024 09:02am

Opinion

Beyond stabilisation: challenges and opportunities

The IMF board has finally approved a $7 billion package, with the first tranche already disbursed. Economic...

Updated 30 Sep, 2024 08:10am

Business & Finance

63pc SMBs expect economy to improve in next 12 months

KARACHI: Approximately 63 percent of small and medium-sized businesses (SMBs) in Pakistan are highly optimistic,...

Published 27 Sep, 2024 06:26am

Opinion

Stunted governance, stunted economy

Even after 60 years of financial market development, the local companies are still a small part of the market at...

Published 26 Sep, 2024 06:48am

Opinion

Middle class— tax trapped

The middle class is commonly seen as the fundamental support system of society, exerting a pivotal influence on...

Updated 23 Sep, 2024 07:43am

Opinion

Economy has been nursed to some semblance of health

There is some semblance of macroeconomic stability in Pakistan as inflation decreases, interest rates fall, and the...

Updated 23 Sep, 2024 07:32am

Perspectives

Knowledge economy: a pathway towards prosperity for Pakistan

A recent ITPI report indicates that every US dollar invested in education through a ‘community school approach’...

Published 16 Sep, 2024 09:40pm

Editorials

Plummeting optimism

EDITORIAL: Nobody ought to be really surprised that yet another international survey – conducted by Ipsos this ...

Published 15 Sep, 2024 02:45am

Editorials

Superficial austerity

EDITORIAL: These are not the old days; especially when it comes to the economy and the government cannot hope to get...

Updated 14 Sep, 2024 07:55am

Saudi envoy, finance minister discuss economy: Govt’s approach to ‘homegrown’ agenda explained

Saudi business delegation to visit Pakistan in the coming months to further explore areas for joint ventures and collaborative investments

Updated 12 Sep, 2024 09:26am

Editorials

Challenges afflicting the economy

EDITORIAL: A recent report of the finance ministry, published on September 2, has highlighted the primary challenges...

Published 08 Sep, 2024 02:42am

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

Markets →

Budget 2024-25: income tax calculator for FY25

economy

Most Popular