Trends - Finance Division - Business Recorder

Finance Division

Aurangzeb vows to overhaul tax machinery

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has reiterated the government’s...

Updated 21 Dec, 2024 02:47pm

PM makes body to review ‘allowances to govt servants’

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a Special Committee to review the proposals received by the...

Updated 21 Dec, 2024 09:22am

Business & Finance

Petrol rate unchanged: Rs3.05 reduction in HSD price

ISLAMABAD: The Federal Government announced today that the price of petrol will remain unchanged, while the rates of...

Published 16 Dec, 2024 06:08am

Govt envisages increasing IT sector exports to $4.2bn

ISLAMABAD: Amid admission that a substantial portion of IT exports revenue remains un-remitted, the government...

Updated 14 Dec, 2024 06:00pm

Foreign investors meet Aurangzeb

ISLAMABAD: A high-level delegation of foreign investors and business professionals, mostly based in the United...

Updated 10 Dec, 2024 09:19am

Opinion

Poor FBR performance

The monthly Economic Update and Outlook was uploaded on the Finance Division website on 28 November 2024 with the ...

Updated 09 Dec, 2024 08:11am

Markets

In meeting with IMF’s new representative, Aurangzeb reaffirms commitment to loan programme

Finance minister Muhammad Aurangzeb reiterated on Thursday Pakistan’s commitment to ensuring “smooth and successful”...

Updated 05 Dec, 2024 10:15pm

PCP, PR, OPF boards’ reconstitution gets nod: CCoSOEs concerned over Rs1trn annual losses by SOEs

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), Wednesday, expressed serious concerns over...

Updated 05 Dec, 2024 09:17am

Markets

National Tax Council meets to discuss tax reforms, harmonisation

Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says

Updated 04 Dec, 2024 10:35pm

FCDO supports reforms programme: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a meeting with Melinda Bohannon,...

Updated 03 Dec, 2024 09:20am

Business & Finance

Petrol, diesel prices increased

ISLAMABAD: The petrol price has been increased by Rs3.72 per litre and high speed diesel (HSD) by 3.29 per litre ...

Published 01 Dec, 2024 03:13am

Business & Finance

Sustained recovery expected: FD foresees Nov inflation to range between 5.8pc and 6.8pc

ISLAMABAD: The Finance Division is anticipating sustained economic recovery in the ongoing fiscal year, inflation to...

Updated 28 Nov, 2024 09:28am

Business & Finance

Special meeting: ECC shows concern over implementation delays

The Economic Coordination Committee (ECC) has shown concern over delays in the implementation of its decisions, the...

Published 27 Nov, 2024 09:56pm

Standardising financial regimes: Aurangzeb highlights importance

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of...

Updated 27 Nov, 2024 09:21am

Business & Finance

Govt tells World Bank: Agri tax legislation to be completed in next Jan

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, Tuesday, apprised the World Bank ...

Published 27 Nov, 2024 06:44am

Pakistan

World Bank offers assistance to streamline Pakistan’s budget-making process

The World Bank has offered Pakistani authorities technical assistance to enhance the budget-making process and adopt...

Updated 26 Nov, 2024 10:23pm

Intelligence-sharing: FD to ink MoU with FMU and FIU of Belarus

ISLAMABAD: The Finance Division would sign memorandum of understanding (MoU) with Financial Monitoring Unit and...

Updated 26 Nov, 2024 09:35am

Business & Finance

FD decides to hire ‘consultant external debt’

ISLAMABAD: The Finance Division has decided to hire ‘consultant external debt’ to carry out external debt portfolio...

Updated 19 Nov, 2024 08:55am

Business & Finance

Aurangzeb lauds ADB’s financial, technical aid

ISLAMABAD: A delegation of the Asian Development Bank (ADB) led by Senior Director, Tariq H. Niazi called on Federal...

Updated 19 Nov, 2024 09:27am

Business & Finance

$500m ICBC loan FD’s date error corrected by Cabinet

ISLAMABAD: The Federal Cabinet has corrected an error made by the Finance Division regarding the date of the $500...

Published 19 Nov, 2024 06:34am

Macro-fiscal forecasts for budget: IMF asks govt to strengthen capacity of FD

Notes that current organisation of the Finance Division is relatively fragmented and presents an obstacle to achieving a more strategic approach to budgeting

Updated 16 Nov, 2024 09:08pm

Markets

POL products’ prices remain unchanged

ISLAMABAD: Federal government on Friday announce to keep the prices of petrol and high speed diesel (HSD) unchanged...

Published 16 Nov, 2024 06:04am

Pakistan

1QFY25: With IMF in Islamabad, Punjab revises budget figures, now posts Rs40bn surplus

Finance ministry says with concurrence of the IMF, it has updated revised figures on its website, showing a surplus for Pakistan's most populous province

Updated 15 Nov, 2024 10:56pm

ECC directs NAB to surrender lapsable funds

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed National Accountability Bureau...

Updated 15 Nov, 2024 09:28am

Editorials

Investment versus deposit

EDITORIAL: Pakistan’s Advance to Deposit Ratio (ADR), defined as comparing banks total loans to total deposits...

Published 15 Nov, 2024 06:20am

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

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

Riali-II project security package approval: PD all set to place summary before ECC

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

Markets →

Budget 2024-25: income tax calculator for FY25

Finance Division

Most Popular