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Pakistan Economy

A fragile economy

EDITORIAL: Dr Hafiz Pasha while speaking in an Aaj Television programme expressed serious reservations over ...

Published 24 Dec, 2024 06:53am

Opinion

Pakistan must prepare to let go off the crutches of remittances

A key ingredient in attaining external account stability is inward remittances, often hailed as the star performer....

Updated 23 Dec, 2024 08:26am

Opinion

USD25bn textile exports can be a reality

After a challenging year in 2023, Pakistan’s value-added textile sector has demonstrated remarkable resilience in...

Updated 23 Dec, 2024 08:51am

Positive GDP growth rate unlikely?

Dr Hafeez Pasha says this is due to negative growth in the large-scale manufacturing industries and a decline in major agriculture crops

Updated 23 Dec, 2024 10:51am

Editorials

Tax receipts must improve

EDITORIAL: Chairman Federal Board of Revenue (FBR) Rashid Mehmood Langrial while addressing the Lahore Chamber of...

Updated 23 Dec, 2024 08:17am

Markets

PM Shehbaz calls for early completion of Business Facilitation Centres

Prime Minister Shehbaz Sharif on Friday directed authorities to expedite the completion of Business Facilitation...

Updated 20 Dec, 2024 10:08pm

Markets

SBP-held foreign exchange reserves increase $31mn, now stand at $12.08bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $31 million on a weekly basis,...

Updated 19 Dec, 2024 10:38pm

Pakistan

No UAE visa issue, waiting for Islamabad to sign FTA: UAE consul general

KARACHI: UAE Consul General in Karachi Dr Bakheet Ateeq Al Rumaithi announced on Thursday that talks for a free...

Updated 19 Dec, 2024 09:44pm

Business & Finance

Foreign investors: Jul-Nov profit repatriation soars 112pc to $1.129bn YoY

KARACHI: The repatriation of profits and dividends by foreign investors has soared by 112 percent during the first...

Updated 19 Dec, 2024 09:49am

Business & Finance

Key economic indicators: Aurangzeb explains improvement

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday said the foundation for...

Published 19 Dec, 2024 05:57am

Business & Finance

What is Tax Laws (Amendment) Bill, 2024 introduced in National Assembly?

Finance Minister Muhammad Aurangzeb introduced the Tax Laws (Amendment) Bill, 2024 in the National Assembly (NA) on...

Published 18 Dec, 2024 09:06pm

Pakistan

Aurangzeb optimistic about economic trajectory amid positive indicators

Finance minister says Pakistan’s current account posted a surplus after 10 years.

Updated 18 Dec, 2024 10:40pm

Business & Finance

PM satisfied with CA surplus

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed satisfaction over the country’s attainment of a...

Published 18 Dec, 2024 08:18am

Business & Finance

Jul-Nov FDI soars 31pc to $1.124bn YoY

KARACHI: Foreign Direct Investment (FDI) in Pakistan surpassed the $1 billion mark during the first five months of...

Published 18 Dec, 2024 08:15am

Editorials

MPS: further cut in key interest rate

EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during...

Published 18 Dec, 2024 07:11am

Interest rate cut to help stimulate economic growth: PM

Says reduction in interest rate to encourage businesses and investors

Updated 18 Dec, 2024 05:20pm

Business & Finance

Nov CA surplus hits 10-year peak

KARACHI: Pakistan’s current account recorded a 10-year high monthly surplus of $729 million in November 2024,...

Published 18 Dec, 2024 06:37am

Pakistan

Pakistan records massive $729mn current account surplus in November 2024

This is fourth consecutive month in which Pakistan's current account has posted surplus

Updated 17 Dec, 2024 10:49pm

Opinion

Fall in the rate of inflation

The very good news is that there has been a precipitate drop in the rate of inflation, as measured by the Consumer...

Updated 17 Dec, 2024 08:25am

Editorials

Improvement in business confidence

EDITORIAL: It’s no surprise that results of the Overseas Investors Chamber of Commerce and Industry’s ...

Updated 17 Dec, 2024 08:18am

Editorials

Debt sustainability analysis

EDITORIAL: A debt sustainability analysis conducted by the Ministry of Finance concluded that its attainment will...

Updated 17 Dec, 2024 08:22am

Business & Finance

Key interest rate brought down by 200bps to 13pc

KARACHI: With inflation declining in line with its expectations, the Monetary Policy Committee (MPC) of the State...

Published 17 Dec, 2024 06:47am

Opinion

Reimagining chambers of commerce: A catalyst for economic renaissance

In the intricate tapestry of Pakistan’s economic infrastructure, the Chambers of Commerce and Industry (CCIs)...

Updated 17 Dec, 2024 08:41am

Markets

Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13%

Development in line with analysts' expectations

Updated 16 Dec, 2024 10:39pm

Opinion

Invest, but not for profit

The government and other key actors are grappling with conflicting objectives in addressing Pakistan’s economic...

Updated 16 Dec, 2024 07:45am

Pakistan

Mian Zahid praises PTI for its willingness to hold talks with govt

KARACHI: Chairman of the National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 16 Dec, 2024 06:08am

44pc increase in revenue collection: KP has outclassed other provinces: CM

PESHAWAR: KP Chief Minister Ali Amin Gandapur has claimed that despite challenges, his government has outclassed...

Updated 16 Dec, 2024 02:38pm

REAP chairman demands 500bps policy rate cut

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

Markets →

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Pakistan Economy

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