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Ratings agency Fitch

Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects

Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25

Updated 19 Jun, 2024 10:06pm

Business & Finance

Moody’s fires France credit rating warning over snap elections

LONDON: France’s snap parliamentary elections are negative for the country’s credit score, ratings agency Moody’s...

Published 11 Jun, 2024 12:12pm

World

India’s Modi, allies to meet after election verdict, key ally pledges support

HYDERABAD: A key ally of Indian Prime Minister Narendra Modi pledged support to him on Wednesday and was set to...

Updated 05 Jun, 2024 12:19pm

Business & Finance

Fitch puts India’s IIFL Finance on negative rating watch

BENGALURU: Rating agency Fitch, on Thursday, placed India’s IIFL Finance’s ‘B+’ long-term issuer default rating and...

Published 14 Mar, 2024 04:47pm

Pakistan

China rolls over $2bn loan to Pakistan, says caretaker finance minister

ISLAMABAD: China has rolled over a $2-billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed...

Updated 29 Feb, 2024 11:13pm

Markets

Euro slips as Germany enters recession, dollar hits 2-month peak

LONDON: The euro dropped on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while...

Published 25 May, 2023 01:49pm

Business & Finance

Fitch puts US rating on negative watch as debt deadline looms

Ratings agency Fitch put the United States’ credit on watch for a possible downgrade on Wednesday, raising the...

Published 25 May, 2023 10:21am

Business & Finance

Fitch upgrades Saudi Arabia to ‘A+’ on strong balance sheet, buffers

DUBAI: Ratings agency Fitch on Wednesday upgraded Saudi Arabia’s credit rating to ‘A+’ from ‘A’, citing the Gulf...

Published 05 Apr, 2023 02:21pm

Business & Finance

Fitch upgrades Ghana’s long-term local-currency issuer default rating to ‘CCC’

ACCRA: Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’...

Published 22 Mar, 2023 02:55pm

Fitch, too, revises outlook to negative

Affirms Pakistan's long-term foreign-currency (LTFC) issuer default rating (IDR) at “B-”

Updated 20 Jul, 2022 09:18am

Markets

Fitch revises Saudi Arabia’s outlook to ‘positive’ from ‘stable’

Ratings agency Fitch revised its outlook on Saudi Arabia to “positive” from “stable” on Thursday, citing...

Published 14 Apr, 2022 06:42pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8.02 ▲ 0.91 (12.80%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.84 ▼ -22.09 (-10.00%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.14
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.26
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.54
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.01
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.37
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.02
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.73
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.26