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Pakistani economy

World Bank projects Pakistan’s GDP growth at 2.8% in FY25

The World Bank expects economic activity in Pakistan to continue recovering with real GDP growth estimated at 2.8%...

Updated 10 Oct, 2024 09:55pm

Markets

Govt approves termination of existing Power Purchase Agreement with five IPPs

Details of agreement between Task Force and IPP owners were presented to the Cabinet, listing HUBCO, Lalpir Power Limited, Saba Power, Rousch Power, and Atlas Power among the IPPs whose current agreements will be terminated

Updated 10 Oct, 2024 09:20pm

Markets

Saudi Arabia, Pakistan to sign Barrick deal in few weeks, says Al Faleh

Eager to start number of mining initiatives but hope to close Reko Diq project with Pakistan's SOEs and Barrick Gold in the coming weeks, says Saudi Arabia Minister for Investment

Updated 10 Oct, 2024 11:59pm

Business & Finance

World Bank raises South Asia growth forecast to 6.4% on India demand

NEW DELHI: The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of...

Published 10 Oct, 2024 12:26pm

Business & Finance

CAP to hold ‘Future of retail business summit & expo’ on 17th

LAHORE: The Chainstore Association of Pakistan has announced to hold 4th ‘Future of retail business summit and...

Published 10 Oct, 2024 03:03am

Opinion

IPPs and capacity payments

Let me ask some basic questions to start the discussion. What is the main issue with the Pakistani economy? Is it...

Updated 01 Aug, 2024 07:31am

Perspectives

Fault lies within: to fix the economy, look inward

There weren’t much high hopes when Finance Minister Mohammed Aurangzeb started delivering his budget speech on June...

Published 17 Jul, 2024 10:43pm

Pakistan

New IMF programme to improve Pakistan’s funding prospects: Moody’s

Credit rating agency, however, warns govt’s ability to sustain reform implementation will be key to continually unlock financing over three-year duration

Updated 16 Jul, 2024 09:38pm

Markets

ISMA opposes hike in electricity, gas charges

KARACHI: Khalid Tawab, Chairman of the Iron & Steel Merchants Association, warned that the Pakistani economy is...

Published 10 Jul, 2024 03:14am

Pakistan

Post-budget presser: govt wants to enhance tax-to-GDP ratio to 13% in 3 years, says Aurangzeb

Finance minister hopeful Pakistan will reach Staff-Level Agreement with International Monetary Fund (IMF) by July

Updated 13 Jun, 2024 04:40pm

BR Research

Too far gone!

The stability of the Pakistani economy—and ultimately its frequent collapses—hinges greatly on how subsequent...

Published 13 Jun, 2024 08:12am

Business & Finance

SBP expected to hold rates on Monday ahead of IMF deal, Reuters poll finds

KARACHI: A Reuters poll found that the State Bank of Pakistan (SBP) is expected to hold its key interest rate at a...

Updated 26 Apr, 2024 09:49pm

Pakistan

Pakistan’s economic condition shows improvement, but ‘needs surgery’: PM Shehbaz

ISLAMABAD: Pakistan’s economic indicators are showing positive signs, with an agenda of painful reforms and...

Updated 26 Apr, 2024 06:14pm

Opinion

Violations of privacy rights

Pakistan not only faces economic and political challenges but has also to contend with multiple pressing issues...

Updated 22 Mar, 2024 05:28am

Pakistan

Zardari underscores need for boosting Pakistan-UAE ties

ISLAMABAD: President Asif Ali Zardari said that there is a need to enhance bilateral ties between Pakistan and the...

Published 19 Mar, 2024 04:53am

Opinion

A low growth trap: assessing challenges

Over the past two years, the Pakistani economy has weathered a highly turbulent period. Inflation reached...

Published 15 Jan, 2024 05:03am

Pakistan

IMF criticised for failing to recognise climate change-induced impact of floods

KARACHI: “The International Monetary Fund’s prior actions for the approval of a long-delayed loan are not just...

Published 21 May, 2023 04:00am

Opinion

Can economy rise from the ashes?

The phoenix is a mythological bird that after living 100 years bursts into flames and turns to ashes. It is painful...

Published 15 Jan, 2023 04:01am

Opinion

The charter we need

Without any doubt, Pakistan is in on an economic tailspin, swiftly spiraling downwards. The issue at the core is the...

Updated 04 Jan, 2023 06:24am

Supplements

Economic conditions to remain tough during current fiscal year 2022-23

TEXT: The Pakistani economy is passing through a perfect storm due to troubling international and domestic dynamics....

Published 20 Dec, 2022 05:58am

Opinion

Conflict within ruling class major cause of economic ‘meltdown’

Pakistan initiated economic stabilisation and structural reform programmes in 1988. In an effort to reduce internal...

Published 20 Oct, 2022 05:36am

EU envoy, minister discuss GSP Plus scheme

ISLAMABAD: European Union (EU) ambassador to Pakistan Dr Riina Kionka on Friday called on Minister for Commerce,...

Updated 30 Jul, 2022 09:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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Pakistani economy

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