Trends - EFF - Business Recorder

EFF

Positive GDP growth rate unlikely?

Dr Hafeez Pasha says this is due to negative growth in the large-scale manufacturing industries and a decline in major agriculture crops

Updated 23 Dec, 2024 09:31am

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

Less than modest economic recovery?

International Monetary Fund (IMF) programme under the Extended Fund Facility rolled out this September has spurred...

Updated 14 Dec, 2024 08:32am

Business & Finance

Riyadh extends $3bn deposits term by 1 year

KARACHI: In a significant move, Saudi Arabia has extended the term of its $3 billion deposits with Pakistan for an...

Published 06 Dec, 2024 06:58am

In violation of IMF’s EFF: Ministry drafts incentive plan for semiconductor industry

ISLAMABAD: In violation of the International Monetary Fund (IMF) ongoing Extended Fund Facility (EFF) program,...

Updated 29 Nov, 2024 02:23pm

Budgeted $9bn time deposits: EAD says country gets no amount in Jul-Oct FY25

Government budgeted $3 billion time deposit for the last fiscal year 2023-24 including $2 billion from Saudi Arabia and one billion from UAE

Updated 28 Nov, 2024 02:38pm

Preparatory work on RSF under way: IMF

ISLAMABAD: Pakistan and International Monetary Fund (IMF) are engaged in preparatory work for Resilience and...

Updated 23 Nov, 2024 05:35pm

Roll back state control in economy, IMF tells govt

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to decrease State intervention in the economy...

Updated 17 Nov, 2024 12:59pm

Editorials

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Markets

IMF calls for reduced govt intervention, energy reforms in Pakistan’s economy

Washington-based lender's mission led by Nathan Porter states conclusion of a staff visit to Pakistan from November 12 to 15, 2024

Updated 16 Nov, 2024 04:30pm

IMF-govt talks conclude

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) on Friday concluded the five-day talks with a...

Updated 16 Nov, 2024 03:04pm

Opinion

There’s a context to ‘unusual’ IMF talks

This is apropos a Business Recorder news item titled “IMF team holds ‘unusual’ talks over USD7 billion...

Published 14 Nov, 2024 07:40am

Opinion

No surprise in the surprise visit

The only surprise in the IMF team’s surprise visit to Pakistan this week was that it took the trouble to jolt the...

Updated 14 Nov, 2024 07:15am

IMF briefed about recovery plan, local debt

ISLAMABAD: The Finance Division on Wednesday apprised the International Monetary Fund (IMF) on debt, external...

Updated 14 Nov, 2024 09:22am

Editorials

An initial audit by IMF?

EDITORIAL: Confirmed reports suggest that the visiting International Monetary Fund (IMF) mission met Finance...

Updated 14 Nov, 2024 07:08am

Editorials

IMF mission in town

EDITORIAL: The schedule of reviews shared in the staff-level agreement report uploaded on the International Monetary...

Published 13 Nov, 2024 07:07am

FBR tells IMF: No need for contingency revenue measures

However, one proposal to impose lower rate of sales tax between 5 to 7 percent on petroleum products under examination

Updated 13 Nov, 2024 10:49am

Business & Finance

IMF team holds ‘unusual’ talks over $7bn bailout

ISLAMABAD: The International Monetary Fund’s Pakistan mission chief Nathan Porter on Tuesday opened unusual talks...

Published 13 Nov, 2024 06:33am

Pakistan

IMF delegation meets Aurangzeb: Finance Divison

Senior officials, including FBR chairman and SBP governor, also present at meeting

Updated 12 Nov, 2024 10:48pm

Opinion

Problem with IMF projections

An IMF delegation has probably arrived in Pakistan to conduct a ‘stock-taking’ as indicated by the Finance...

Updated 12 Nov, 2024 07:29am

Editorials

Nosediving tax-to-GDP ratio

EDITORIAL: It’s a bit rich of the FBR (Federal Board of Revenue) to claim an improvement in the country’s tax-to-GDP...

Published 10 Nov, 2024 02:51am

Govt will go for privatisation of PIA again: Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb, while admitting trust and credibility deficit with the...

Updated 09 Nov, 2024 07:11pm

Editorials

Captive power phase-out: the show must go on

EDITORIAL: Only a few weeks into the latest International Monetary Fund (IMF) programme, the Prime Minister has been...

Updated 09 Nov, 2024 08:21am

BR Research

EFF progress review: don’t let them off the hook!

As the political government gears up to revert the economy back onto a growth path, the IMF mission is set to arrive...

Published 08 Nov, 2024 09:00am

IMF team to check progress on EFF shortly

IMF staff to visit Pakistan on November 11

Updated 07 Nov, 2024 03:26pm

Editorials

Celebrating the fiscal surplus

EDITORIAL: The government, especially the finance ministry, can’t seem to trumpet the first fiscal surplus in 24...

Published 05 Nov, 2024 03:30am

Editorials

Wheat support price dilemma

EDITORIAL: Why is the government so paralysed, without rhyme or reason, when it comes to taking a position about...

Published 02 Nov, 2024 06:15am

Editorials

Challenge of poverty reduction

EDITORIAL: It turns out that poverty reduction remains a formidable challenge despite all the recent macroeconomic...

Published 27 Oct, 2024 02:44am

Editorials

Social sectors and BISP

EDITORIAL: The constant refrain in the International Monetary Fund (IMF) document titled “Pakistan: 2024 Article ...

Updated 23 Oct, 2024 07:13am

IMF briefed about array of reforms

WASHINGTON: Pakistani delegation comprising Secretary Finance Imdad Ullah Bosal and Governor State Bank of Pakistan...

Updated 23 Oct, 2024 09:25am

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 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Khalid Siraj / Dec 23 Khalid Siraj Textile Mills Limited(KSTM)	10.60 ▲ 1.00 (10.42%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Hala Enterprise / Dec 23 Hala Enterprises Limited(HAEL)	14.51 ▲ 1.32 (10.01%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Dawood Lawrencepur / Dec 23 Dawood Lawrencepur Limited(DLL)	241.63 ▲ 21.97 (10.00%)
Leiner Pak Gelat / Dec 23 Leiner Pak Gelatine Limited(LPGL)	119.99 ▲ 10.91 (10.00%)
MithchellsFruit / Dec 23 Mitchells Fruit Farms Limited(MFFL)	226.01 ▲ 20.55 (10.00%)
Masood Textile / Dec 23 Masood Textile Mills Limited(MSOT)	55 ▲ 5.00 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	5.95 ▼ -0.59 (-9.02%)
PIA Holding Co.B / Dec 23 PIA Holding Company Limited B(PIAHCLB)	829.98 ▼ -80.94 (-8.89%)
Hallmark Co. / Dec 23 Hallmark Company Limited(HCL)	703.02 ▼ -65.93 (-8.57%)
Punjab Oil / Dec 23 Punjab Oil Mills Limited(POML)	150.13 ▼ -13.24 (-8.10%)
MCB Invest. Managmt. / Dec 23 MCB Investment Management Limited(MCBIM)	61 ▼ -4.56 (-6.96%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.60 ▼ -0.79 (-6.94%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.17
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.09
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -1.09
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.13
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.09
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.15
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.32
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 0.89

Markets →

Budget 2024-25: income tax calculator for FY25

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