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Miftah

Forget growth for four years, follow IMF programme in letter and spirit to fix economy: Miftah Ismail

KARACHI: Pakistan has for the last two to three years approached the International Monetary Fund (IMF) and agreed to...

Published 17 Feb, 2024 10:27pm

Pakistan

Govt unaware of true extent of ongoing economic crisis: Miftah Ismail

Pakistan has always managed to avert issues and this is why the current plight is being treated 'like any other', says former finance minister

Updated 18 May, 2023 07:15pm

Markets

Rupee's woeful ride continues, depreciates to settle at 231.92 against US dollar

Currency has declined by Rs13.32 in the last eight sessions

Updated 13 Sep, 2022 10:13pm

Markets

Finance ministry estimates flood losses at $18.5bn: Miftah Ismail

Finance minister assures textile sector that govt will supply cotton and fuel 'no matter what we have to do'

Updated 10 Sep, 2022 10:24pm

Pakistan

Petty moves by PTI jeopardising IMF programme: Miftah Ismail

Khyber Pakhtunkhwa finance minister Jhagra defends letter, allegedly written on Shaukat Tarin's directive, to IMF

Updated 29 Aug, 2022 05:07pm

Markets

Forex: spread between inter-bank, open market widens

Spread between the inter-bank and open market foreign exchange rates has widened during the ongoing week, with...

Published 26 Aug, 2022 01:34am

Markets

Rupee registers marginal gain against US dollar

Settles at 214.65 in the inter-bank market

Updated 19 Aug, 2022 09:08pm

Markets

SBP discouraging inter-bank trade as Pakistan battles dollar shortage: report

The State Bank of Pakistan (SBP) is discouraging trading in the inter-bank market, asking commercial lenders to...

Updated 25 Jul, 2022 07:28pm

Markets

Pressure will ease as imports have gone down: Miftah Ismail

Finance minister reiterates position that rupee's downward slide will halt

Updated 25 Jul, 2022 07:26pm

Markets

Rupee closes at new historic low against US dollar in inter-bank market

Currency depreciates for sixth successive session on Friday

Updated 22 Jul, 2022 06:02pm

Markets

Rupee closes near 227 as relentless fall continues

Currency depreciates for fifth successive session

Updated 21 Jul, 2022 06:42pm

Markets

Rupee registers marginal gain against US dollar

Appreciates 0.04% in inter-bank market on Thursday

Updated 07 Jul, 2022 06:31pm

Business & Finance

Did not ask Pakistan to renegotiate CPEC energy deals: IMF

IMF says it supports Pakistan's multipronged strategy to restore energy sector viability

Updated 16 Jun, 2022 12:58pm

Pakistan

Pakistan says willing to curb fuel subsidies as discussion with IMF underway

Finance minister Miftah Ismail, currently in Washington for talks on seventh review of IMF programme, says 'targeted subsidies' should remain

Updated 23 Apr, 2022 05:15pm

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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