Trends - economy of Pakistan - Business Recorder

economy of 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

Pakistan

JI concerned over law, order situation

HYDERABAD: Jamaat-e-Islami Amir Hafiz Naeem ur Rehman has expressed grave concern over the deteriorating security...

Published 24 Nov, 2024 03:08am

Business & Finance

Business community leader for reducing losses of govt institutions

KARACHI: Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals...

Published 24 Nov, 2024 03:08am

Editorials

Economy on the mend

EDITORIAL: Minister of Finance Muhammad Aurangzeb while addressing the eighth edition of the “Future Summit”...

Updated 09 Nov, 2024 08:19am

Business & Finance

Economy on the path of recovery: Tarar

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar has announced that Pakistan’s economy...

Published 09 Nov, 2024 06:36am

Business & Finance

LCCI calls for private sector’s role in policy making

LAHORE: The Lahore Chamber of commerce and Industry on Monday called for a private sector role in policy making in...

Published 29 Oct, 2024 03:27am

Editorials

Barriers to economic freedom

EDITORIAL: As Pakistan attempts to implement far-reaching reforms to restructure its economy, the aim is to remove...

Published 27 Oct, 2024 02:44am

Editorials

Cut in petrol prices

EDITORIAL: The cut in petrol and diesel prices for the fifth consecutive fortnight – amounting to total reduction...

Published 05 Oct, 2024 06:43am

Opinion

Will Pakistan ever break free from the IMF cycle?

“You can’t solve a problem with the same mindset that created it.” This quotation, attributed to Albert...

Updated 04 Oct, 2024 08:34am

Pakistan

Pakistan’s GDP grows 3.07% in April-June, 2.52% in FY24

National Accounts Committee says growth in agriculture, industry and services stands at 6.76%, -3.59% and 3.69%, respectively, in fourth quarter of 2023-24

Updated 30 Sep, 2024 10:53pm

Opinion

Mixed signals on the economy

The first quarter of 2024-25 is going to come to an end shortly. During these three months, there have been a number...

Published 24 Sep, 2024 03:28am

Editorials

‘Backbone of economy’

EDITORIAL: Finance Minister Muhammad Aurangzeb’s customary reference to agriculture and IT as “the backbone of our...

Published 22 Sep, 2024 02:47am

Business & Finance

Govt, SBP urged to take steps aimed at reviving industry

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan ...

Published 21 Sep, 2024 06:43am

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

Pakistan

Punjab Governor, Kaira discuss party affairs

LAHORE: Senior leader of People’s Party, Qamar Zaman Kaira on Saturday met with Punjab Governor, Sardar Saleem...

Published 01 Sep, 2024 02:46am

Opinion

Need for modern farming practices

As climate change threatens the country there are also apprehensions about the negative effects it will have on farm...

Updated 31 Aug, 2024 07:16am

Editorials

AGP’s concerns about ‘poor financial affairs’

EDITORIAL: No wonder the Auditor General of Pakistan (AGP) has expressed “serious concern” about the country’s...

Published 31 Aug, 2024 06:55am

Opinion

Tech glitches, economy twitches

In today’s digital landscape, the internet has become a fundamental necessity for individuals and businesses ...

Updated 29 Aug, 2024 07:28am

Editorials

Demographic dividend or ticking time bomb?

EDITORIAL: Sadly, there’s no end to the long list of the country’s natural comparative advantages that ...

Published 24 Aug, 2024 06:23am

Editorials

Suffering consumers

EDITORIAL: It needs to be said that the government is guilty of either criminal neglect of the suffering fortunes of...

Published 10 Aug, 2024 06:51am

Opinion

The challenge of IPPs-I

Pakistan’s real economy is failing primarily on account of its energy sector. This author has been raising the alarm...

Published 04 Aug, 2024 02:47am

Opinion

End of the road!

“Our hand has now been forced because we have reached a level that if we don’t expand the net and bring the...

Updated 03 Aug, 2024 07:26am

Business & Finance

ICMA advocates further cut in interest rate

KARACHI: The Institute of Cost and Management Accountants (ICMA) has welcomed the recent decision by the State Bank...

Published 31 Jul, 2024 06:50am

Opinion

‘When did Noah build the Ark?’

This is apropos a Business Recorder op-ed “When did Noah build the Ark?” carried by the newspaper on Thursday....

Published 27 Jul, 2024 06:18am

Editorials

Property valuations and market rates

EDITORIAL: About time the FBR (Federal Board of Revenue) directed its field formations to increase property ...

Updated 27 Jul, 2024 07:24am

Pakistan

Pakistanis have a rising interest in relocating to Dubai: immigration expert

KARACHI: Dubai’s efforts to attract talented persons is reaping dividends as a greater number of Pakistanis are...

Updated 26 Jul, 2024 10:51am

Editorials

SMEs and the formal economy

EDITORIAL: In an attempt to highlight the importance the government accords to small and medium-sized enterprises...

Published 25 Jul, 2024 06:35am

Business & Finance

Higher power cost: FPCCI body highlights adverse impact on economy

KARACHI: The FPCCI Standing Committee on Energy, under the chairmanship of Malik Khuda Bakhsh, held an emergency...

Published 23 Jul, 2024 08:29am

Business & Finance

‘Transit trade to boost economy’

KARACHI: Transit trade will not only become a source of enormous trade development but also a resource generation ...

Published 21 Jul, 2024 03:29am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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 →

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