Trends - President Tayyip Erdogan

President Tayyip Erdogan

Tayyip Erdogan says Turkiye stands with Lebanon in light of tensions with Israel

ANKARA: President Tayyip Erdogan said on Wednesday that Turkiye stood in solidarity with Lebanon in light of growing...

Published 26 Jun, 2024 03:24pm

Pakistan

PM Shehbaz, President Erdogan reaffirm further cementing bilateral ties between Pakistan, Turkiye

Prime Minister Muhammad Shehbaz Sharif and President of Turkiye Recep Tayyip Erdogan on Sunday reaffirmed their...

Updated 16 Jun, 2024 09:38pm

Business & Finance

Turkiye to impose stocks, crypto assets transaction tax, official says

ANKARA: Turkiye has almost finalised work on imposing a transaction tax on the purchase and sale of stocks and...

Published 05 Jun, 2024 12:31pm

World

Erdogan opens former church to Muslim worshippers

ISTANBUL: Turkey on Monday reopened a mosque converted from an ancient Orthodox church in Istanbul for Muslim...

Published 07 May, 2024 07:59am

World

Erdogan and Abbas to discuss delivering aid to Gaza, Turkiye source says

ANKARA: President Tayyip Erdogan is set to discuss Turkiye efforts to deliver humanitarian aid to Gaza with...

Published 04 Mar, 2024 03:15pm

Business & Finance

Turkiye central bank net reserves drop some $6bn last week

ISTANBUL: The Turkiye Central Bank’s net reserves slid around $6 billion last week to $23.5 billion, four bankers’...

Published 23 Jan, 2024 12:32pm

Business & Finance

Turkiye central bank ready to take action if needed

ANKARA: Turkiye central bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is...

Published 15 Jan, 2024 10:14am

Markets

Turkiye lira hits 30 vs dollar milestone after years-long slide

ISTANBUL: The Turkiye lira hit a new record low beyond 30 to the dollar on Thursday after losing more than a third...

Published 11 Jan, 2024 02:08pm

World

Three months in, deaths mount and diplomats vie to stop Gaza war's spread

OCCUPIED JERUSALEM/AMMAN: Top international diplomats discussed strategies for keeping the Gaza war from spreading...

Updated 07 Jan, 2024 10:02pm

Markets

Turkiye lira hits record low 29 versus dollar

ISTANBUL: Turkiye lira touched a new all-time low of 29 to the dollar on Monday and it is down 35% so far this year...

Published 11 Dec, 2023 01:09pm

Business & Finance

Turkiye central bank total reserves hit record high of $140bn

ISTANBUL: The Turkiye central bank’s total reserves rose $3.5-3.8 billion last week to a record level exceeding $140...

Published 05 Dec, 2023 12:25pm

Business & Finance

Turkiye’s central bank total reserves hit record high $136.5bn

ANKARA: The Turkiye’s central bank total reserves rose $2 billion last week to a record level of $136.5 billion,...

Published 28 Nov, 2023 01:08pm

World

Arab and Muslim leaders demand immediate end to Gaza war

RIYADH: Saudi Arabia and other Muslim countries called on Saturday for an immediate end to military operations in...

Published 12 Nov, 2023 11:15am

Business & Finance

Turkey’s inflation to fall to 44% just before Erdogan faces voters

ISTANBUL: Turkish annual inflation is seen slowing to 44% in April, just before landmark elections in which living...

Published 03 May, 2023 10:19am

Markets

Turkiye central bank takes fresh measures to support de-dollarisation

ISTANBUL: The Turkish central bank took fresh steps on Friday in line with its goals to boost de-dollarisation and...

Updated 07 Apr, 2023 02:35pm

Markets

Turkiye’s lira flat after overnight tumble to record low of 19.8 vs dollar

ANKARA: Turkiye’s lira, which is prone to sharp swings before regular trading hours, was flat early on Friday, after...

Published 10 Mar, 2023 10:14am

World

Earthquake death toll in Turkiye rises above 45,000

ISTANBUL: The death toll in Turkiye from last month's devastating earthquake has risen to 45,089, the Disaster and...

Published 01 Mar, 2023 11:17am

Business & Finance

Turkey’s C/A deficit seen at $3.15bn in August, year-end forecast jumps to $55.5bn

Turkey’s current account is seen recording a deficit of $3.15 billion in August, a Reuters poll showed on Wednesday,...

Published 11 Oct, 2022 11:03am

World

Erdogan targets joining Shanghai Cooperation Organisation

ISTANBUL: President Tayyip Erdogan said he was targeting membership of the Shanghai Cooperation Organisation (SCO)...

Published 18 Sep, 2022 06:05am

Business & Finance

Turkey’s C/A deficit seen at $3.60bn in July, more than $46bn in 2022

ISTANBUL: Turkey’s current account is expected to record a deficit of $3.60 billion in July and end the year with a...

Published 12 Sep, 2022 12:14pm

World

MBS, Erdogan meet in Turkey with ‘full normalisation’ in sights

ANKARA: Saudi Crown Prince Mohammed bin Salman arrived in Turkey for the first time in years on Wednesday for talks...

Published 23 Jun, 2022 08:22am

Markets

Turkey’s recurring currency nightmare strikes again

LONDON: Another 9% plunge in Turkey’s lira this month and debt market danger gauges at levels last seen during the...

Published 30 May, 2022 12:51pm

Markets

Turkish parliament to debate finance sector corporate tax rise

ANKARA: The Turkish parliament will start debating a draft law this week under which the corporate tax imposed on...

Published 28 Mar, 2022 12:07pm

Markets

Turkey hikes gas price for power production; reduces tax on electricity

ANKARA: Turkey's state energy company BOTAS said on Tuesday the price of natural gas used for electricity production...

Published 01 Mar, 2022 12:35pm

World

Turkey's opposition leader looks to emerge from Erdogan's shadow

ANKARA: A veteran Turkish political leader who has struggled for years to have President Tayyip Erdogan voted out of...

Published 21 Feb, 2022 10:30am

Markets

Turkish central bank halts easing after currency crisis

ISTANBUL: Turkey's central bank held its policy rate steady at 14% on Thursday, as expected, halting an easing cycle...

Published 20 Jan, 2022 04:33pm

Business & Finance

Turkish cenbank to halt easing after stirring a crisis

ISTANBUL: Turkey’s central bank is expected to hold its policy rate steady at 14%, a Reuters poll showed, halting...

Published 17 Jan, 2022 07:06am

World

Erdogan vows to tame Turkish inflation as scepticism grows

ANKARA: President Tayyip Erdogan promised on Wednesday to tame Turkey's surging inflation, which hit 36% last month,...

Updated 12 Jan, 2022 07:05pm

Markets

Turkish lira dips, business group chief questions policy

ISTANBUL: Turkey's lira slipped as much as 1.7% on Thursday, and has shed some 22% in the last nine trading ...

Published 06 Jan, 2022 02:57pm

Business & Finance

Volatile Turkish lira seesaws after inflation surges

ISTANBUL: Turkey’s lira briefly rallied as much as 3% on Monday afternoon, reversing an early plunge and ...

Published 04 Jan, 2022 06:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Cotton US¢/pound / Dec 24	69.13
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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President Tayyip Erdogan

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