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import bill

Progress in medical device production: Import bill may significantly go down: TDAP CEO

KARACHI: The CEO of Trade Development Authority of Pakistan (TDAP) Zubair Motiwala said Pakistani companies have...

Updated 20 Oct, 2024 09:55am

Ghee, cooking oil industry: Aurangzeb vows to help resolve issues

ISLAMABAD: Finance Minister Muhammad Aurangzeb Friday assured the ghee and cooking oil industry to resolve the issue...

Updated 12 Oct, 2024 08:58am

Opinion

The impact of reduced cotton production on rural economies and country’s balance of payments

The basic rule of economics is clear: global demand drives global production, and countries with a comparative...

Updated 08 Oct, 2024 08:40am

Business & Finance

Primary payments: C/A posts $270m deficit in May

KARACHI: After a surplus for three consecutive months, the country recorded a current account deficit of $ 270...

Published 22 Jun, 2024 06:47am

Markets

Economic Survey: Jul-Mar POL import bill down on lower intake

ISLAMABAD: Pakistan’s petroleum import bill declined in the first nine months (July-March) of fiscal year 2023-24...

Published 12 Jun, 2024 06:51am

Business & Finance

Forex reserves rise by $239m

KARACHI: The country’s total liquid foreign reserves rose by $239 million during the last week, the State Bank of...

Updated 22 Mar, 2024 09:45am

Energy sector revolving debt has reached Rs5,422bn: minister

ISLAMABAD: Caretaker Energy Minister Muhammad Ali on Tuesday said that total revolving debt of the energy sector is...

Updated 28 Feb, 2024 10:12am

Cut in import bill: Need for promoting cultivation of palm oil plants stressed

KARACHI: Pakistan has become the third largest edible oil importer in the world after China and India as the per...

Updated 15 Jan, 2024 09:38am

Regionally competitive level sought: APTMA demands power tariff at 9-10 cents per kWh

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal...

Updated 22 Dec, 2023 09:19am

Nov C/A posts $9m first monthly surplus after June

KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly...

Updated 19 Dec, 2023 10:01am

Jul-May period: C/A deficit narrows by 81pc on lower import bill

KARACHI: The country’s current account deficit fell sharply, ie, 81 percent during the first 11 months of the...

Updated 20 Jun, 2023 09:00am

Second consecutive month: Pakistan posts $18m current account surplus in April

KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to...

Updated 17 May, 2023 09:52am

Business & Finance

C/A posts $654m surplus in March

KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years...

Published 20 Apr, 2023 06:30am

Opinion

Serious economic crisis due to austerity policies, and weak multilateralism

Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in...

Updated 07 Apr, 2023 06:32am

Pakistan

Need stressed to promote oil crops to lessen import bill

HYDERABAD: Dr Fateh Marri, Vice Chancellor, Sindh Agriculture University, has said that production problems have...

Published 27 Mar, 2023 06:44am

Cash margin requirement on goods import removed

KARACHI: The State Bank of Pakistan (SBP) Friday announced the removal of Cash Margin Requirement (CMR) on import of...

Updated 25 Mar, 2023 08:49am

Business & Finance

Jul-Feb CA declines 68pc YoY

KARACHI: The country’s current account deficit narrowed by 68 percent during the first eight months of this fiscal...

Published 21 Mar, 2023 06:29am

Business & Finance

Jul-Jan: C/A falls hugely on import curbs

KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of...

Published 21 Feb, 2023 05:57am

1,100MW K-3 inaugurated, China praised

PM Shehbaz inaugurates third unit of Karachi Nuclear Power Plant (Kanupp), which will produce 1,100 megawatts of electricity

Updated 03 Feb, 2023 09:00am

Country braces for fuel shortages?

KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating...

Updated 01 Feb, 2023 08:54am

Markets

Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes

Experts believe LC issue will be resolved, inflation along with remittances to increase in short term

Updated 27 Jan, 2023 07:04pm

Signing of deal in March: Refineries to get Russian oil by April-end

Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan

Updated 27 Jan, 2023 09:02am

Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states

Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings

Updated 21 Jan, 2023 08:58am

C/A deficit dips 60pc in H1FY23 on lower imports

KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year...

Updated 19 Jan, 2023 08:42am

Business & Finance

PIAF opposes ‘proposed’ mini-budget, urges govt to curtail current expenditure

LAHORE The Pakistan Industrial and Traders Associations Front (PIAF) while expressing serious concern over the...

Published 14 Jan, 2023 07:14am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

Pakistan

SBP rolls back import restrictions from January 2, 2023

Says authorised dealers may prioritise/ facilitate imports according to certain categories

Updated 27 Dec, 2022 09:05pm

Thar coal to be linked with PQ thru rail system

PC-I of the project has been prepared and is expected to be approved soon

Updated 26 Dec, 2022 09:39am

‘National contingency energy saving plan’ prepared to reduce import bill

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Thursday that National Contingency...

Updated 16 Dec, 2022 09:27am

Business & Finance

Q1 C/A deficit down by 37pc

KARACHI: The country’s current account deficit declined by 37 percent during the first quarter of this fiscal year...

Published 20 Oct, 2022 07:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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