Trends - imports - Business Recorder

imports

Dollar manipulation: SBP concludes probe

KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved...

Updated 19 Jan, 2023 11:19am

Business & Finance

UAE has rolled over $2bn loan: SBP governor

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2...

Updated 19 Jan, 2023 07:41am

Markets

Current account deficit recorded at $0.4 billion in Dec 2022: SBP

Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year

Published 18 Jan, 2023 09:23pm

Markets

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 96,241 tonnes of cargo comprising 69,220 tonnes of import cargo and 27,021...

Published 18 Jan, 2023 07:02am

Business & Finance

ECC approves import of ‘old’ tractors

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved import of up to five-year old tractors...

Updated 18 Jan, 2023 10:21am

Business & Finance

Pasha warns of stagflation this year

LAHORE: Noted economist and former finance minister Dr Hafiz Pasha has warned that Pakistan inflation can skyrocket...

Published 18 Jan, 2023 06:22am

New tax raising steps under consideration

Proposed measures include increase in rates of withholding taxes, more indirect taxation, three percent flood levy on imports, and tax on banks’ foreign exchange income

Updated 18 Jan, 2023 12:40pm

Business & Finance

India hopeful of rupee trade with Russia after imports surge

NEW DELHI: India is hopeful of a rupee trade with Russia, a trade ministry official said on Monday, as government...

Published 17 Jan, 2023 06:02am

Remittances, export proceeds: ECAP seeks special exchange rate

KARACHI: In order to enhance the foreign inflows, the Exchange Companies Association of Pakistan (ECAP) has...

Updated 17 Jan, 2023 11:22am

LCs issue: CMOs likely to get force majeure for new projects

ISLAMABAD: The government is likely to grant force majeure to cellular mobile operators (CMOs) for 10 new...

Updated 17 Jan, 2023 08:55am

Pakistan

PKI warns of protests if import of pesticides, seeds not allowed soon

LAHORE: The Pakistan Kissan Ittehad (PKI) has requested the government to instruct the State Bank of Pakistan (SBP)...

Published 16 Jan, 2023 07:56am

Business & Finance

Govt focusing on CPEC-SEZs to enhance exports: SEZA chief

LAHORE: Special Economic Zones under China Pakistan Economic Corridor (CPEC-SEZs) were one of the main focuses of...

Published 16 Jan, 2023 06:18am

Business & Finance

APTMA bemoans raw material shortages

KARACHI: The country’s largest export-oriented textile industry is facing a severe crisis of raw material and the...

Updated 14 Jan, 2023 08:41am

Crisis of shortage of raw material in industries intensifies

KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to...

Updated 13 Jan, 2023 08:51am

Business & Finance

PHMA calls for PM’s intervention over SBP’s restrictions

LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has lamented that the import restriction ...

Published 13 Jan, 2023 06:05am

NA body approves ‘Imports and Exports (Control) Amendment Bill, 2022’

The Import and Export (Control) Act, 1950 is the primary legal instrument which provides the legal basis for the conduct of international trade of Pakistan

Updated 11 Jan, 2023 09:01am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

Opinion

Pakistan’s deepening crisis

Pakistan’s crisis is deepening by the day. First and foremost, it’s the economy stupid! Pakistan has throughout its...

Updated 10 Jan, 2023 06:47am

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Govt criticised for allowing import of luxury cars

KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic...

Updated 10 Jan, 2023 09:06am

Business & Finance

Car making components: FBR to charge 15pc duty on import

ISLAMABAD: The Federal Board of Revenue (FBR) will charge 15 percent customs duty on the import of components for...

Updated 10 Jan, 2023 09:03am

Editorials

Expenditure must be curtailed

EDITORIAL: The government is in the throes of an acute dollar and rupee shortage (attributable to lack of fiscal...

Updated 10 Jan, 2023 06:42am

Business & Finance

Brazil posts record trade surplus of $62.3bn in 2022

BRASILIA: Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the ...

Published 09 Jan, 2023 07:09am

Business & Finance

Economy is in dire straits, warns BMP

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has warned that...

Updated 09 Jan, 2023 06:21am

Economy: EAG underscores need for reforms

ISLAMABAD: The Economic Advisory Group (EAG) has called for necessary reforms to transform Pakistan into a globally...

Updated 07 Jan, 2023 08:48am

Business & Finance

Pak Suzuki extends plant shutdown to January 13

Company says this is due to continued shortage of inventory level

Published 06 Jan, 2023 06:07pm

Customs values of caustic soda revised upward

ISLAMABAD: Directorate General of Customs Valuation Karachi has made 35 percent increase in customs values on the...

Updated 05 Jan, 2023 09:03am

Jul-Dec trade deficit declines 32.65pc to $17.13bn YoY

The exports during July-December (2022-23) were recorded at $14.249 billion

Updated 04 Jan, 2023 09:11am

Opinion

Woeful decline in forex reserves

The State Bank of Pakistan’s foreign exchange reserves have declined below $6 billion as the SBP’s reserves...

Published 31 Dec, 2022 06:32am

FBR notifies PSW Evidence of Identity Rules, 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all persons engaged in cross-border trade transactions to...

Updated 31 Dec, 2022 08:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 20	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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