Trends - FY21 - Business Recorder

FY21

Wealth statement: FY21: IK’s assets grow by over Rs60m YoY

ISLAMABAD: Prime Minister Shehbaz Sharif was liable to pay a loan of more than Rs140 million including over Rs60...

Updated 16 Jun, 2022 09:46am

Opinion

Trade credit: a basic building block for industry—I

Trade credit financing is encouraged globally by regulators as it expands businesses and creates opportunities for...

Published 18 Jan, 2022 04:20am

SBP explains how economic rebound achieved in FY21

State Bank of Pakistan releases its Annual Report on the State of Pakistan’s Economy reviewing the fiscal year 2020-21

Updated 25 Nov, 2021 09:24am

Business & Finance

‘Monetary Policy Statement’: clarification by SBP

KARACHI: With regard to the editorial in Business Recorder dated November 22, 2021 titled “Monetary Policy...

Published 24 Nov, 2021 06:25am

Editorials

SBP: 'It is not enough that we do our best...'

EDITORIAL: The State Bank of Pakistan (SBP) has recently released its annual performance review of 2020-21. The...

Updated 08 Nov, 2021 09:44am

Opinion

SBP's profit declines

According to a Business Recorder news item, State Bank of Pakistan's (SBP's) profit declined sharply 35 percent...

Published 31 Oct, 2021 04:05am

Q1 FDI slips as Chinese investment plummets

KARACHI: Foreign Direct Investment (FDI) in the country fell by 4 percent during the first quarter of this fiscal...

Updated 19 Oct, 2021 11:53am

Remittances post 12pc growth in Q1

KARACHI: The inflows of home remittances posted 12 percent growth during the first quarter of this fiscal year...

Published 09 Oct, 2021 03:58am

Business & Finance

FY21 direct taxes: FBR fails to achieve target

LAHORE: All the taxes surpassed their targets in Financial Year 2020-21 except direct taxes, which fell short by 3.5...

Published 28 Sep, 2021 05:12am

APTMA rejects RD on export of cotton yarn

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has strongly opposed the move of imposing Regulatory Duty...

Updated 27 Sep, 2021 10:28am

Pakistan

PIBT contributes Rs5.8bn to govt kitty in FY21

KARACHI: Pakistan International Bulk Terminal (PIBT) has contributed Rs 5.8 billion in FY2020-21 to the national...

Published 10 Sep, 2021 04:41am

Editorials

Karachi and its ports need attention

EDITORIAL: To the surprise of many city-wise export figures for the past two years, more than 50 percent exports...

Published 10 Sep, 2021 04:41am

FY21: It's lower tax collection in dollar terms, says expert

Former special assistant to the prime minister on revenue Haroon Akhtar says if we convert revenue collection in dollars, the current regime is still far behind compared to collection during 2018

Updated 06 Sep, 2021 10:51am

External debt, liabilities hit historic high of $122bn

KARACHI: Pakistan’s external debt and liabilities continued to grow and reached the historic level of $122 billion...

Updated 31 Aug, 2021 09:30am

Markets

FY21: PSO earns Rs29.1bn PAT

KARACHI: In a fast changing, pandemic, lockdown world, Pakistan State Oil (PSO) beat all odds. A record breaking...

Published 25 Aug, 2021 04:43am

$2.7bn remittances arrive in July

KARACHI: With $2.7 billion inflows, workers' remittances maintained strong trend in the first month of this fiscal...

Published 11 Aug, 2021 04:57am

Pakistan

Agri credit disbursement reaches Rs1.366trn despite Covid-19 challenges

KARACHI: Despite the ongoing challenges posed by Covid-19 pandemic and climate change, credit disbursement by the...

Published 10 Aug, 2021 04:39am

Business & Finance

30 years of existence: KSE-100 Index posts average annual returns of 14pc

KARACHI: Pakistan Stock Exchange’s most followed KSE-100 Index posted average annual returns of 14 percent in last...

Published 03 Aug, 2021 04:35am

Profit, dividend: Foreign investors repatriate $1.622bn in FY21

Amount rose by 20% year-on-year

Updated 29 Jul, 2021 10:06am

Opinion

Cotton production prospects

According to State Bank of Pakistan (SBP) Second Quarterly Report on the “State of Pakistan’s Economy for ...

Published 28 Jul, 2021 04:45am

Business & Finance

Encouraged by 'positive developments', SBP keeps interest rate unchanged at 7%

Growth projected to rise from 3.9 percent in FY21 to 4-5 percent this year, says central bank in monetary policy statement
Economic recovery will be accompanied by external stability, adds SBP

Updated 27 Jul, 2021 08:11pm

MPS today: Key policy rate may stay unchanged

KARACHI: The Governor State Bank of Pakistan (SBP), Dr Reza Baqir will unveil Monetary Policy Statement (MPS) on...

Published 27 Jul, 2021 02:43am

Services trade deficit declines by 43pc in FY21

KARACHI: Pakistan's service trade deficit shrank 43 percent during the last fiscal year (FY21) mainly due to lower...

Published 26 Jul, 2021 05:52am

C/A surplus turns to deficit on higher import bill

Country's import bill for the last month of FY21 was $6.32 billion
Pakistan ended with a C/A deficit of $1.85 billion in FY21, against deficit of $4.449 billion in FY20

Updated 20 Jul, 2021 09:34am

Opinion

Casino economy?

Pakistan’s economy bounced back during FY21 after a lull of two years. The government is striving to have business...

Published 18 Jul, 2021 04:14am

FDI down 29pc in FY21 on fall in Chinese investment

KARACHI: Foreign Direct Investment (FDI) posted a decline of 29 percent during the last fiscal year (FY21) as ...

Updated 17 Jul, 2021 10:33am

Opinion

SBP’s economic outlook

Going forward, in FY22, the economic momentum that became evident during FY21 is expected to strengthen further. The...

Published 17 Jul, 2021 04:21am

Pakistan

PM hails growth in housing finance: FIs achieve 97pc of June target: Baqir

KARACHI: Housing and construction finance continues to increase, supported by favourable government policies and...

Published 16 Jul, 2021 04:34am

Editorials

Remittances: momentum must last

EDITORIAL: Home remittances or workers’ remittances have really done well in the outgoing financial year in sharp...

Published 16 Jul, 2021 04:34am

Pakistan

Pakistan well-positioned for growth: Citibank officials

Pakistan is well-positioned for growth but concerns around inflation, global protectionism, and US monetary...

Published 15 Jul, 2021 04:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 28	281.26
USD PKR Interbank Buying / Apr 28	281.06
USD to Japanese Yen / Apr 28	142.05
USD to Swiss Franc / Apr 28	0.82
Pound Sterling to USD / Apr 28	1.34
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
India Sensex / Apr 28	80,218.37
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Hang Seng / Apr 28	21,971.96
FTSE 100 / Apr 28	8,417.34
Dow Jones / Apr 28	40,227.59
Germany DAX 30 / Apr 28	22,271.67
France CAC40 / Apr 28	7,573.76

Item	Value
Crude Oil USD/Barrel / Apr 28	62.05
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Gold Spot USD/Ounce / Apr 28	3,347.70
Cotton US¢/pound / Apr 28	67.55
Petrol/Litre / Apr 29	254.63
Diesel/Litre / Apr 29	258.64

Gainers
Losers
Leaders

Stock	Price
Ruby Textile / Apr 28 Ruby Textile Mills Limited(RUBY)	7.98 ▲ 0.78 (10.83%)
ECOPACK Ltd / Apr 28 Ecopack Limited(ECOP)	34.71 ▲ 3.16 (10.02%)
EMCO Industries / Apr 28 Emco Industries Limited(EMCO)	38.36 ▲ 3.49 (10.01%)
Sunrays Textile / Apr 28 Sunrays Textile Mills Limited(SUTM)	172.02 ▲ 15.64 (10%)
S.S.Oil / Apr 28 S.S.Oil Mills Limited(SSOM)	392.76 ▲ 35.71 (10%)
Shakarganj / Apr 28 Shakarganj Limited(SML)	43.58 ▲ 3.96 (9.99%)
PIA Holding Co.B / Apr 28 PIA Holding Company Limited B(PIAHCLB)	3,608.54 ▲ 326.25 (9.94%)
Popular Islamic / Apr 28 Popular Islamic Modaraba(PIM)	13.89 ▲ 1.25 (9.89%)
Supernet Ltd. / Apr 28 Supernet Limited (GEM)(GEMSPNL)	23.79 ▲ 1.96 (8.98%)
MCB Invest. Managmt. / Apr 28 MCB Investment Management Limited(MCBIM)	92.81 ▲ 7.54 (8.84%)

Stock	Price
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	358.88 ▼ -1392.57 (-79.51%)
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	7 ▼ -1 (-12.5%)
Dewan Textile / Apr 28 Dewan Textile Mills Limited(DWTM)	6.51 ▼ -0.79 (-10.82%)
Pak Gen.Ins. / Apr 28 The Pakistan General Insurance Co. Ltd.(PKGI)	8.74 ▼ -0.99 (-10.17%)
Matco Foods Ltd / Apr 28 Matco Foods Limited(MFL)	39.84 ▼ -4.43 (-10.01%)
Bunnys Limited / Apr 28 Bunnys Limited(BNL)	30.75 ▼ -3.42 (-10.01%)
Cyan Limited / Apr 28 Cyan Limited(CYAN)	36.20 ▼ -4.02 (-10%)
Atlas Battery / Apr 28 Atlas Battery Limited(ATBA)	292.11 ▼ -32.46 (-10%)
Dawood Lawrencepur / Apr 28 Dawood Lawrencepur Limited(DLL)	216.10 ▼ -24 (-10%)
At-Tahur Ltd. / Apr 28 At-Tahur Limited(PREMA)	78.07 ▼ -8.67 (-10%)

Stock	Volume
B.O.Punjab / Apr 28 The Bank of Punjab(BOP)	23,705,546 ▼ -0.41
Power Cement / Apr 28 Power Cement Limited(POWER)	21,585,733 ▼ -0.99
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	18,309,847 ▼ -0.03
Pak Elektron / Apr 28 Pak Elektron Limited(PAEL)	18,055,841 ▼ -2.41
Maple Leaf Cement / Apr 28 Maple Leaf Cement Factory Limited(MLCF)	14,648,408 ▼ -0.99
Sui North Gas / Apr 28 Sui Northern Gas Pipelines Limited(SNGP)	13,187,141 ▼ -4.28
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	12,616,978 ▼ -1
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	12,357,232 ▼ -0.28
Sui South Gas / Apr 28 Sui Southern Gas Company Limited(SSGC)	11,366,687 ▼ -2.77
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	9,953,480 ▼ -1392.57

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