Must Read

Editorials

PPP puts its full weight behind PPP

EDITORIAL: Bilawal Bhutto Zardari, Chairman of the Pakistan People’s Party (PPP), on the occasion of the...

Published 04 May, 2024 05:48am

Opinion

Truth and nothing but the truth

Shehbaz Sharif made some honest appraisal of the current governance and economic challenges faced by his government...

Published 04 May, 2024 05:48am

Editorials

Punjab’s wheat crisis

EDITORIAL: There’s a reason PML-N (Pakistan Muslim League-Nawaz) is being blamed, and will not be able to escape...

Published 04 May, 2024 05:48am

Editorials

Cost of IMF’s bailouts

EDITORIAL: It is instructive that statements like former prime minister Shahid Khaqan Abbasi’s latest nugget, that...

Published 03 May, 2024 06:29am

Opinion

Transparency, taxation & reforms

Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given...

Published 03 May, 2024 06:29am

BR Research

Inflation: is the worst over?

The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the...

Updated 03 May, 2024 09:55am

Opinion

Dismal savings: Pakistan’s growth barrier

Pakistan has the one of the lowest savings rates in the world. During the past decade, Pakistan’s savings rate has...

Published 03 May, 2024 06:29am

Editorials

A questionable policy stance

EDITORIAL: The Monetary Policy Statement (MPS) dated 29 April 2024 left the discount rate unchanged at 22 percent on...

Published 02 May, 2024 04:58am

Editorials

What does Dar’s elevation reveal?

EDITORIAL: The appointment of Foreign Minister and former finance minister Ishaq Dar as deputy prime minister is...

Published 02 May, 2024 04:58am

Opinion

Pakistan’s elite and the art of deception

“The ends justify the means,” Machiavelli’s famous adage, permitting rulers to forsake moral high grounds in...

Published 02 May, 2024 04:58am

Business & Finance

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

BR Research

Oil market near equilibrium?

Having rallied to $90/bbl and beyond for a brief while, it appears the international oil market seems content for...

Published 02 May, 2024 08:00am

Editorials

Inflation unchecked

EDITORIAL: The Sensitive Price Index for the week ending 25 April 2024, consisting of 51 essential items collected...

Published 01 May, 2024 04:14am

Opinion

Pakistan’s civil service dilemma

By the time you finish reading this article, the veil shrouding Pakistan’s administrative ineptitude will be...

Published 01 May, 2024 04:14am

Editorials

Deregulating petroleum sector: curb smuggling first

EDITORIAL: Finance minister Mohammad Aurangzeb recently said in a conference that bold energy and taxation reforms...

Updated 30 Apr, 2024 12:40pm

BR Research

Rate cut – maybe next time!

SBP has kept the policy rate unchanged at 22 percent despite the April inflation coming down to 18 percent. It...

Published 30 Apr, 2024 08:55am

Opinion

The falling rate of inflation

The last few months have witnessed a major drop in the rate of inflation as measured by the Consumer Price Index....

Published 30 Apr, 2024 03:43am

Opinion

Rent a party

Of late, the chorus of voices demanding ‘dialogue’ has grown to a virtual crescendo. This is understandable at one...

Published 30 Apr, 2024 03:43am

World

‘Boycotts’: KFC Malaysia temporarily shutters outlets citing challenging economy

KUALA LUMPUR: KFC Malaysia has temporarily closed outlets in the country, citing challenging economic conditions,...

Updated 30 Apr, 2024 03:55pm

Life & Style

What to watch this May: ‘Heeramandi’, ‘Bridgerton’, ‘Mother of the Bride’

The oppressive summer heat is upon us, but with it a new offering of summer programming is also available across a...

Updated 29 Apr, 2024 04:54pm

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

Editorials

Rise in reserves

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb while talking to the press after delivering a keynote address...

Updated 29 Apr, 2024 05:23am

Opinion

The LSM sector

Large scale manufacturing (LSM) registered negative 0.52 (cumulative) July-January 2024 against negative 2.67 ...

Updated 29 Apr, 2024 05:25am

Opinion

Political stability critical to attaining sustainable external account stability

The State Bank of Pakistan (SBP) has managed to maintain forex reserves despite facing substantial debt servicing...

Updated 29 Apr, 2024 05:26am

Business & Finance

PPMA chairman speaks of ‘critical’ challenges facing country’s pharma sector

KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) Chairman Mian Khalid Misbah-ur-Rehman highlighted...

Published 29 Apr, 2024 04:49am

Life & Style

Meet Sahir, a thriving Pakistani influencer in Dubai

DUBAI: “In my opinion, anybody can be an influencer.” Those were the words that introduced me to Sahir Iftikhar...

Updated 29 Apr, 2024 05:29am

World

Dubai ruler approves new $35bn airport terminal

CAIRO: Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum...

Updated 28 Apr, 2024 11:41pm

Editorials

Non-customs duty paid cars

EDITORIAL: An inquiry ordered by the Punjab chief secretary into an arrest concerning the illegal business of luxury...

Published 28 Apr, 2024 02:56am

Opinion

PIA privatisation

As Pakistan International Airlines Corporation (PIA) faces the prospect of privatization, it is imperative to...

Published 28 Apr, 2024 02:56am

Editorials

Overcoming the digital divide

EDITORIAL: Recent years have seen much hype surrounding Pakistan’s purported digital revolution, with the emergence...

Published 27 Apr, 2024 05:03am

Opinion

It’s all about the economy

Karachi, being Pakistan’s premier industrial and financial centre and home to 90 percent of the multinational...

Updated 27 Apr, 2024 05:28am

Editorials

C/A surplus

EDITORIAL: The current account registered surplus for March 2024 of 619 million dollars against 537 million dollars...

Published 26 Apr, 2024 04:15am

Opinion

SOEs: performance & accountability

The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned...

Published 26 Apr, 2024 04:15am

BR Research

Hot money returns

Pakistan’s economy is getting hot for international debt portfolio investors. There are some inflows by foreigners...

Published 26 Apr, 2024 07:40am

Opinion

Very critical 2020s: existential threats and global economy

‘The 2020s are almost halfway over and are on course to be the most difficult decade for the global economy since...

Published 26 Apr, 2024 04:15am

Net metering power: Govt mulling bringing buyback rates down to Rs11/unit from Rs21

Current trend has misbalanced govt's plan to pay capacity charges, sources say

Updated 25 Apr, 2024 10:07am

Editorials

Energising the SME sector

EDITORIAL: In yet another bid to encourage the growth of small and medium-sized enterprises (SMEs), the government...

Published 25 Apr, 2024 03:05am

Opinion

Sanctioning Iran? ‘Let’s not kid ourselves’

Watching the US House pass a $95 billion “aid package” for Ukraine, Israel and Taiwan (360-58) reminded me of a...

Published 25 Apr, 2024 03:05am

Opinion

Gas pricing 2.0: transforming Pakistan’s energy landscape with WACOG

In a move that could reshape the energy landscape of the nation, the government is now seriously considering the...

Updated 25 Apr, 2024 03:27am

Opinion

Rising energy tariffs, sinking economy

Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent....

Published 25 Apr, 2024 03:05am

Life & Style

After severe backlash, Malala condemns Israeli government for ‘war crimes’

Education activist and producer Malala Yousafzai issued a statement on Thursday, condemning the Israeli government...

Updated 25 Apr, 2024 12:13pm

BR Research

HBL profits: Strong and steady

Pakistan’s largest commercial bank, HBL started 2024 from where it left off in 2023. Another record quarterly profit...

Published 25 Apr, 2024 09:05am

Editorials

Interaction with S&P and Fitch

EDITORIAL: Finance Minister Muhammad Aurangzeb met with representatives from Standard and Poor’s and Fitch on the...

Published 24 Apr, 2024 03:50am

Opinion

Reimagining corporate affairs

The outside department. The palm greasers. The scam controllers. The ghost busters. These were some informal...

Published 24 Apr, 2024 03:50am

BR Research

Hope springs eternal, as do false promises

The thing about economic indicators is they can tell whatever story the narrator wishes to sell. A quick look at...

Updated 24 Apr, 2024 03:54pm

Markets

Spotlight: Iran-Pakistan gas pipeline and some key facts

KARACHI: Iranian President Ebrahim Raisi’s visit to Pakistan this week put the spotlight on a major gas pipeline...

Published 24 Apr, 2024 03:42pm

Markets

Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?

Regulator, which issued a press release last week detailing its account of the complaint, had not named the entity or the individuals involved

Published 23 Apr, 2024 06:00am

Perspectives

Ivy Leagues, so-called ‘anti-semitism’ and the US

American higher learning institutions are at an inflection point. Last week, prestigious Columbia University – the...

Updated 23 Apr, 2024 10:54pm

Editorials

Regional conflicts and global economy: the nexus

EDITORIAL: Regional conflicts have been impacting on the global economy in recent years – beginning with the Russian...

Published 23 Apr, 2024 03:41am

Opinion

Persistent decline of manufacturing sector

The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by...

Published 23 Apr, 2024 03:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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