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KSE-100 settles at new record high as bulls continue to dominate

Benchmark index settles at 76,706.77 after gain of 499 points

Updated 14 Jun, 2024 06:43pm

Pakistan

Pakistan’s budget to support negotiations with IMF for new programme: Moody’s

Says government spends more than half its revenue on interest payments, indicating very weak debt affordability which drives high debt sustainability risks

Updated 14 Jun, 2024 07:40pm

Pakistan

‘Federal budget will bring no change in common man life’

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor while commenting on the federal budget said honestly...

Published 14 Jun, 2024 07:36am

Pakistan

Private Schools & Colleges Association rejects budget

ISLAMABAD: All Pakistan Private Schools & Colleges Association while expressing serious concerns over neglecting...

Published 14 Jun, 2024 06:31am

Pakistan

FAPUASA rejects federal budget

LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA) unequivocally rejects the...

Published 14 Jun, 2024 06:31am

Opinion

Budget: an analysis

Flanked by the Deputy Prime Minister, Muhammad Ishaq Dar, once hailed as the PM-N’s (Pakistan Muslim...

Updated 14 Jun, 2024 07:56am

Opinion

A stagflationary federal budget

Stagflation is a situation when economic growth is stagnating, and inflation is also increasing. Growth requires...

Updated 14 Jun, 2024 07:57am

Markets

Bulls return to PSX in big way on FY25 Budget

KARACHI: Pakistan Stock Exchange warmly welcomed the federal budget for FY2024-25 and made new history as the...

Published 14 Jun, 2024 06:31am

Pakistan

Opposition denounces Punjab budget

KARACHI: In a turbulent session, the Punjab Assembly witnessed a dramatic rejection of the proposed budget for the...

Published 14 Jun, 2024 06:31am

Business & Finance

Debate begins: Opposition in Senate assails govt, budget

ISLAMABAD: The federal government, Thursday, came under scathing criticism from the opposition over preparing...

Published 14 Jun, 2024 06:31am

Business & Finance

APTMA assails FY25 budget

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has voiced severe concerns regarding the FY25 budget...

Published 14 Jun, 2024 06:31am

Business & Finance

‘IT industry’s budgetary proposals completely overlooked’

ISLAMABAD: The information technology industry’s budgetary proposals were completely overlooked, despite repeated...

Published 14 Jun, 2024 06:31am

Business & Finance

Tax Memorandum 2024-25: a turbulent takeoff amidst the IMF negotiations

Published 13 Jun, 2024 07:35pm

Business & Finance

Federal Budget 2024-25: memorandum

Published 13 Jun, 2024 07:31pm

Business & Finance

Comments on Finance Bill 2024

Published 13 Jun, 2024 07:31pm

Markets

KSE-100 sees record 3,410-point gain, settles at historic high of 76,208

Analysts say government's proposed budgetary measures largely positive for market that gained nearly 5% on Thursday

Updated 13 Jun, 2024 11:14pm

Business & Finance

Agri think tank lauds direct, indirect initiatives spelled out in budget

LAHORE: Agriculture Republic, an agricultural think tank, has welcomed various direct and indirect initiatives...

Published 13 Jun, 2024 07:29am

Pakistan

JI describes budget as ‘document of IMF slavery’

LAHORE: Jamaat-e-Islami Chief Hafiz Naeem ur Rehman has rejected the budget as a document of IMF slavery. Addressing...

Published 13 Jun, 2024 07:15am

Editorials

The Budget

EDITORIAL: The federal finance minister, Muhammad Aurangzeb, presented in the National Assembly his and the Shehbaz...

Updated 13 Jun, 2024 07:32am

Business & Finance

LCCI says concerned at some taxation measures

LAHORE: While appreciating some of the pro-business measures in federal budget, the Lahore Chamber of Commerce and...

Published 13 Jun, 2024 06:51am

Business & Finance

Most of budget targets in line with IMF guidelines: analysts

KARACHI: The federal budget will continue the fiscal consolidation seen last year and most of the targets are in ...

Published 13 Jun, 2024 06:22am

Opinion

Anatomizing budget

The budget 2024-25 exercise is akin to a five-legged kangaroo - one leg manacled by the International Monetary Fund...

Updated 13 Jun, 2024 07:49am

Opinion

A budget that at once seems overambitious

Overambition is the call of the day. Con-crete measures to support high taxation growth—something the country...

Updated 13 Jun, 2024 07:53am

Business & Finance

Budget: FPCCI gives a mixed reaction

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Wednesday expressed a mixed reaction ...

Published 13 Jun, 2024 06:22am

Pakistan

Federal govt employees stage protest demo

ISLAMABAD: Federal government employees on Wednesday staged a protest demonstration outside the parliament during ...

Published 13 Jun, 2024 06:22am

Business & Finance

Business community says ‘it’s an IMF-friendly budget’

KARACHI: The federal budget 2024-25 has drawn sharp criticism from the business community, that termed it an...

Published 13 Jun, 2024 06:22am

Markets

Budget termed overall positive for market

KARACHI: Contrary to expectations of change in treatment of income from capital gain and dividends to normal tax,...

Published 13 Jun, 2024 06:22am

Pakistan

PPP accuses PML-N of ignoring its inputs: Budget ‘anti-poor’: opposition

ISLAMABAD: Having been lashed out by the opposition forces over tending to formulate the anti-poor and excessively...

Published 13 Jun, 2024 06:22am

Pakistan

Omar terms budget ‘a violation of constitutional norms’

ISLAMABAD: The Opposition Leader in the National Assembly, Omar Ayub Khan, on Wednesday, expressed strong ...

Published 13 Jun, 2024 06:22am

Business & Finance

No relief for industry in budget, claims PBF

KARACHI: Pakistan Business Forum (PBF) says despite the fragile economic position of the country the business...

Published 13 Jun, 2024 06:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 28	278.45
USD PKR Interbank Buying / Jun 28	278.25
USD to Japanese Yen / Jul 1	161.02
USD to Swiss Franc / Jul 1	0.90
Pound Sterling to USD / Jul 1	1.27
Euro to USD / Jul 1	1.08

Stock	Volume
S&P 500 / Jun 28	5,460.48
Nasdaq / Jun 28	17,732.60
Dow Jones / Jun 28	39,118.86
India Sensex / Jul 1	79,044.20
Tokyo Nikkei / Jul 1	39,631.06
Hang Seng / Jul 1	17,718.61
FTSE 100 / Jul 1	8,203.05
Germany DAX 30 / Jul 1	18,323.55

Item	Value
Gold 10 Grams PKR / Jun 28	207,219
Petrol/Litre / Jul 1	265.61
Crude Oil USD/Barrel / Jul 1	82.27
Karachi Cotton PKR/37.32 KG / Jul 1	18,235
Gold Spot USD/Ounce / Jul 1	2,325.50
Diesel/Litre / Jul 1	277.45

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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