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IT industry

Pakistan’s IT sector is keen to show off potential at GITEX Global 2024 in Dubai

DUBAI: Fresh off record exports in the previous fiscal year, Pakistan’s tech sector is gearing up to make the most...

Updated 11 Oct, 2024 07:44am

Technology

Internet speed: Repeated reassurances done little to restore confidence

ISLAMABAD: Repeated reassurances from authorities regarding improving internet speed in the country have done little...

Published 04 Oct, 2024 08:04am

Business & Finance

P@SHA elects new CEC for 2024-26

ISLAMABAD: The IT industry across the Pakistan has elected the new 10-member central executive committee (CEC) for...

Published 20 Sep, 2024 06:58am

Technology

Pakistan’s inclusion in top tiers of Global Cybersecurity Index good news for IT industry: minister

State Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja said on Friday that Pakistan’s...

Published 13 Sep, 2024 10:27pm

Pakistan

IT minister dismisses reports govt throttling internet

Shaza Fatima Khawaja says increasing usage of VPNs caused slower internet

Updated 18 Aug, 2024 08:35pm

Business & Finance

IT industry proposes cybersecurity framework

KARACHI: IT industry has suggested formation of a joint committee, including representatives from the IT industry,...

Published 17 Aug, 2024 06:12am

Business & Finance

IT industry: Higher taxation to give big boost to brain drain: FPCCI

KARACHI: Atif Iqbal Sheikh, President FPCCI, has raise concerns over the recently announced federal budget 2024–25...

Published 28 Jun, 2024 05:41am

Business & Finance

‘IT industry’s budgetary proposals completely overlooked’

ISLAMABAD: The information technology industry’s budgetary proposals were completely overlooked, despite repeated...

Published 14 Jun, 2024 06:31am

Business & Finance

‘IT industry demonstrates growth of -3.02pc owing to decline in telecommunication’

ISLAMABAD: The information and communication industry demonstrated growth of -3.02 per cent because of a decline in...

Published 12 Jun, 2024 06:51am

Opinion

From IMF to IT

Digital revolution. E-commerce. On line expansion. Artificial intelligence. This is what the world has been talking...

Updated 22 May, 2024 06:17am

Business & Finance

IT services exporters: P@SHA proposes taxation reforms

KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary...

Published 15 May, 2024 05:47am

Business & Finance

IT industry to support MoITT in achieving $3.5bn export target

ISLAMABAD: The information technology (IT) industry will fully support the initiatives of the Ministry of IT and...

Published 24 Apr, 2024 03:50am

‘Alarming situation’: Jan IT exports slump 12.4pc to $265m MoM

ISLAMABAD: Data for information technology exports in January 2024 is alarming as it records a decline of 12.4...

Updated 13 Apr, 2024 03:11pm

Opinion

The role of technology in climate action

In the modern era, technology has become an integral part of our lives, shaping how we work, communicate, and...

Published 08 Apr, 2024 04:46am

Technology

‘Promotion of IT industry top priority of govt’

LAHORE: Lahore Development Authority (LDA) Director General Muhammad Ali Randhawa has said that promotion of the...

Published 06 Mar, 2024 04:18am

Perspectives

IT sector will not flourish with frequent social media/internet blockage

If the government of Pakistan wants to see the IT sector flourish and its exports to line up – the government must...

Published 23 Feb, 2024 05:14pm

Pakistan

IT industry urges PM to insulate it against internet disruptions

ISLAMABAD: The information technology industry has urged the government to exclude it from internet suspension. A...

Published 09 Feb, 2024 03:29am

BR Research

Interview with Zeeshan Aftab, Co-Founder & Managing Director - 10Pearls

“The AI revolution is far more powerful than social media and it’s coming.” Zeeshan Aftab is the Co-Founder &...

Published 02 Feb, 2024 07:52am

Pakistan

Govt experience exchange plan: Pakistan, UAE to sign MoU

ISLAMABAD: Pakistan will enter into a MoU with the UAE government for digital Government Experience Exchange...

Published 03 Jan, 2024 05:32am

BR Research

Interview with Burhan Mirza, Corporate Innovator, Investor and Entrepreneur

‘In the IT industry, you need to upskill with the innovation’ Burhan Mirza currently provides consultancy and...

Published 17 Nov, 2023 08:57am

Markets

Pakistan, Saudi Arabia sign deal to cooperate in IT sector

The understanding will facilitate Pakistani companies to work in Saudi Arabia, provide trained IT manpower to Saudi firms, and promote joint ventures

Updated 01 Oct, 2023 11:47pm

Many IT cos parking USD outside country: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication, Dr Umar Saif, said that the...

Updated 27 Sep, 2023 10:41am

Kakar gives go-ahead to plan aimed at bringing PayPal, Starlink to Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday approved the Ministry of Information Technology...

Updated 07 Sep, 2023 09:19am

Minister unveils roadmap of ‘$10bn IT exports’

KARACHI: Caretaker Federal Minister for IT and Telecommunication Dr Umar Saif has unveiled a roadmap to achieve the...

Updated 04 Sep, 2023 09:25am

Business & Finance

$10bn IT export target: govt unveils its roadmap

KARACHI: Caretaker Federal Minister for IT and Telecommunication Dr Umar Saif Thursday unveiled the roadmap for...

Published 01 Sep, 2023 05:41am

Technology

Umar Saif expresses wish to bring PayPal, stripe payment gateways to Pakistan

If the authorities facilitate us, I can increase the IT industry's size from $2.6 billion to $3.5 billion in a couple of months, says caretaker IT minister

Updated 31 Aug, 2023 05:37pm

Business & Finance

Alvi highlights criticality of IT development for economic uplift

ISLAMABAD: President Dr Arif Alvi said that Pakistan’s economic uplift was linked to the development of ...

Published 31 Aug, 2023 06:00am

Constraints hampering $15bn export potential of IT sector identified

ISLAMABAD: The Ministry of Information Technology and Telecommunications has identified several constraints...

Updated 21 Aug, 2023 08:31am

Business & Finance

HCSTSI president calls for promoting IT industry

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry Mohammad Farooq Shaikhani said that ...

Published 17 May, 2023 06:22am

Technology

Suspension of mobile broadband services inflicts Rs820m loss on telecom operators

ISLAMABAD: The suspension of mobile broadband services has resulted in a devastating effect on the economy as ...

Published 12 May, 2023 05:59am

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

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