Trends - IMF Program - Business Recorder

IMF Program

Higher than market consensus: SBP reduces key policy rate by 250bps, takes it to 15%

Most analysts had expected cut of 200bps

Updated 04 Nov, 2024 09:53pm

Business & Finance

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

Process of PIA bidding concludes with just one sole bid
Ball now in PC and cabinet's court

Updated 01 Nov, 2024 09:55am

BR Research

PPL in 1QFY25

The oil and gas exploration and production sector has witnessed a weak first quarter of FY25, primarily due to...

Published 30 Oct, 2024 09:20am

Business & Finance

IMF Executive Board approves final review of SBA, allows disbursement of $1.1bn for Pakistan

The International Monetary Fund (IMF) on Monday completed its final review of Pakistan’s economic reform programme...

Updated 30 Apr, 2024 09:11am

Markets

7th straight status quo: SBP holds key interest rate at 22%

Upcoming budgetary measures may have implications for the near-term inflation outlook, Monetary Policy Committee says in press release

Updated 29 Apr, 2024 09:53pm

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

BR Research

MCB: Advances shrink, profits grow

MCB Bank Limited (MCB) posted another quarter of stellar p the pretax profits jumped 41 percent year-on-year,...

Published 26 Apr, 2024 07:30am

Markets

KSE-100 retreats after positive start, closes below 72,000

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index retreated after a positive start on Thursday, as...

Updated 25 Apr, 2024 10:36pm

Business & Finance

Upcoming budget: Experts support stabilisation reforms

ISLAMABAD: In the context of a forthcoming IMF program and upcoming budget for FY 2024-2035, economic minds on...

Updated 25 Apr, 2024 08:54am

Business & Finance

Ministers to discuss trade issues with KCCI: PM to announce relief package on May 1

KARACHI: Prime Minister Shehbaz Sharif, after listening to the grievances highlighted by the Karachi Chamber,...

Updated 25 Apr, 2024 09:19am

Markets

IMF rejection of CD, tariff strategy: MoF’s ‘half-hearted’ support cited as the reason

ISLAMABAD: The Finance Ministry’s half-hearted support may have been a reason behind the IMF rejection of the...

Published 14 Feb, 2024 09:20am

BR Research

IMF and PDM 2.0

The new government will likely be formed under a PDM set up. Chances are that without public support, economic...

Published 14 Feb, 2024 08:49am

Markets

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

BR Research

MCB: High(est) profits – low(est) ADR

MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high...

Published 12 Feb, 2024 08:58am

Opinion

Lack of economics behind politics

The marriage between politics and economics is well established globally though in Pakistan political parties’...

Published 12 Feb, 2024 06:26am

Pakistan

Negotiating new IMF deal, controlling inflation: Dr Reza Baqir highlights challenges for new govt

Remarks come as Pakistanis vote to elect future govt on Thursday

Updated 08 Feb, 2024 11:23pm

Pakistan

Bloomberg survey says jailed ex-PM Imran Khan favoured most to run Pakistan’s economy

Twelve respondents, not named in the survey, were asked to rate four politicians from 1 to 5 on question of who is best to manage Pakistan's economy with 5 being the most positive

Updated 31 Jan, 2024 10:37pm

Markets

Foreign investors sold $35mn at PSX in January: report

Heavy selling was witnessed at the Pakistan Stock Exchange (PSX) by foreign portfolio investors which sold $35...

Updated 31 Jan, 2024 05:56pm

World

IMF says global ‘soft landing’ in sight, raises 2024 economic growth outlook

WASHINGTON: The International Monetary Fund (IMF) on Tuesday edged its forecast for global economic growth higher,...

Updated 30 Jan, 2024 10:46pm

Opinion

PSX IPO Summit 2024: Empowering the future of capital markets

The following is the full text of federal minister for finance, revenue and economic affairs Dr Shamshad Akhtar’s...

Published 21 Jan, 2024 03:10am

Markets

IMF’s first review: proud moment, says Dr Shamshad Akhtar

Caretaker Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar on Friday termed the successful...

Updated 12 Jan, 2024 05:02pm

Markets

KSE-100 closes nearly flat on profit-taking

Index settles at 64,637.64, slightly up by 20.7 points or 0.03

Updated 12 Jan, 2024 06:58pm

Markets

Macroeconomic conditions ‘have generally improved, but outlook remains challenging’, says IMF

Statement comes as Executive Board completes first review of the Stand-By Arrangement for Pakistan

Updated 12 Jan, 2024 07:04pm

Pakistan

IMF Executive Board completes 1st review under SBA: finance ministry

Development allows for immediate disbursement of $700mn

Published 11 Jan, 2024 10:11pm

World

Global economy ‘poised for a soft landing’: IMF

WASHINGTON: The global economy is “poised for a soft landing,” an IMF spokesperson said Thursday, predicting that...

Published 11 Jan, 2024 09:37pm

Markets

‘Tale of two halves’, but a year to remember for Pakistan stocks

An absolute return of nearly 55%, a USD-based return of 24%, and new peaks was the story at the PSX
Performance made KSE-100 best performing market in second half of 2023

Published 01 Jan, 2024 11:40am

Markets

When a stick reduces the pain: rupee still sees one of its worst years in 2023

Despite administrative measures, rupee saw 19.7% depreciation in 2023, which made it its fourth-worst year since the turn of the century

Updated 31 Dec, 2023 10:19pm

Projects, salaries: MoF denies delay in fund release

ISLAMABAD: The Finance Ministry here on Saturday categorically refuted as baseless the news item aired by a private...

Updated 24 Dec, 2023 09:56am

Business & Finance

Shamshad says country has potential to become major economic player

KARACHI: Pakistan has the potential to become a major economic player, but major economic reforms and a...

Published 17 Nov, 2023 06:06am

Markets

Open-market: rupee registers gain against US dollar

Updated 16 Nov, 2023 05:35pm

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 →

Budget 2024-25: income tax calculator for FY25

IMF Program

Most Popular