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SIFC

BVMW-Germany’s official due next week

ISLAMABAD: The BVMW-Germany’s official Country Representative to Pakistan, Matthew D Shaw, will be visiting...

Published 20 Feb, 2024 03:09am

Who will be Pakistan’s next finance minister?

ISLAMABAD: There is intense speculation in the federal capital as to who will be selected as Pakistan’s next finance...

Updated 20 Feb, 2024 10:55am

Business & Finance

Country at the crossroads: BMP chairman

LAHROE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has said that the...

Published 19 Feb, 2024 05:24am

Captive plant-based industry must shift to grid power: Gohar

ISLAMABAD: Caretaker Minister for Commerce, Industries, Interior and Overseas Pakistanis, Gohar Ijaz Saturday said...

Updated 18 Feb, 2024 07:46pm

Opinion

Country at the crossroads

The election held on Feb 8th in Pakistan threw up a number of surprises with a significant shift in the country’s...

Published 17 Feb, 2024 05:51am

300-MW KE project to stay: SIFC decides to scrap LoIs of Cat-III wind projects

ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has decided to scrap all...

Updated 17 Feb, 2024 04:18pm

Editorials

Moody’s alarming prediction

EDITORIAL: Moody’s is the first international rating agency that has commented on Pakistan’s post-election...

Published 16 Feb, 2024 06:02am

Opinion

Mr Market’s periscope

Mr Market knows best, goes the old saying, so perhaps its best to look at the wild swings at the stock exchange to...

Published 15 Feb, 2024 05:39am

Markets

MoU signed on consortium formation for White Oil Pipeline project

ISLAMABAD: A signing ceremony of MoU between the stakeholders on Consortium Formation for Machike-Thallian-Tarujabba...

Updated 16 Feb, 2024 01:35pm

Business & Finance

‘IT exports rise 32pc in 60 days’ due to SIFC’s decisions: minister

LAHORE: Caretaker Federal Information Technology and Telecommunications (MoITT) Minister Dr Umar Saif said due to...

Published 14 Feb, 2024 02:34am

Editorials

SIFC can manage it all

EDITORIAL: Renowned economist, Dr Hafeez A Pasha, has told Business Recorder that the Special Investment ...

Published 14 Feb, 2024 02:34am

Establishment of EPZ on PSM land by federal govt: Sindh govt concurs with SIFC

Ministry of Industries and Production to start work on establishment of EPZ at the allocated land

Updated 14 Feb, 2024 10:08am

‘Right people’ will take appropriate economic decisions: Pasha

ISLAMABAD: Matters are now in the hands of the right people and they will take appropriate economic decisions. This...

Updated 13 Feb, 2024 09:43pm

Pakistan

Pakistan ‘is bankrupt’ and ‘sinking deeper every year’: Atif Mian

Atif Mian, a noted Pakistani-American economist and currently a professor of Economics, Public Policy, and Finance...

Updated 12 Feb, 2024 10:18pm

Business & Finance

Digital economy promotion: Roadmap prepared for next govt: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication Dr. Umar Saif has said that...

Published 12 Feb, 2024 06:25am

300MW category–III wind project: SIFC EC directs PPIB to conduct bidding process

ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) has directed the Private...

Updated 10 Feb, 2024 04:23pm

FBR restructuring: Body formed for critical tasks

ISLAMABAD: The caretaker government has constituted an eight-member high-level implementation and asset distribution...

Updated 04 Feb, 2024 09:54am

Pakistan

Incoming govt to 'endorse' caretaker’s economic initiatives: Solangi

Caretaker Information Minister Murtaza Solangi on Saturday said that the incoming government, which will come into...

Updated 04 Feb, 2024 03:02am

SIFC gives go-ahead to FBR reforms

Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs 9th Apex Committee of the SIFC

Updated 03 Feb, 2024 06:46pm

Pakistan

Alvi urges Russia, Italy and Mongolia to invest in country

ISLAMABAD: President Dr Arif Alvi has urged Russia, Italy, and Mongolia to invest in Pakistan and to enhance trade...

Published 02 Feb, 2024 05:20am

Senate panel approves ban on export of minerals

ISLAMABAD: The Senate Standing Committee on Commerce on Thursday approved ban on export of both metallic and...

Updated 02 Feb, 2024 08:47am

Business & Finance

Pakistan inching towards economic stability: HCCI president

HYDERABAD: President Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that Pakistan is...

Published 31 Jan, 2024 05:22am

RD on export of precious stones: SIFC panel asks FBR to share taxation procedures

ISLAMABAD: An inter-ministerial panel of the SIFC (Special Investment Facilitation Council) has asked the Federal...

Updated 30 Jan, 2024 09:47am

Development budget: NEC approves suggestions of SIFC apex body

ISLAMABAD: The National Economic Council (NEC) has approved the recommendations of the Apex Committee of the Special...

Updated 30 Jan, 2024 08:47am

Pakistan

PML-N to unveil its election manifesto today

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) is all set to unveil its manifesto for the upcoming general...

Published 27 Jan, 2024 06:20am

Pakistan

13 out of 15 ‘important targets’ achieved: MoITT

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif claimed that 13...

Published 26 Jan, 2024 04:58am

Markets

Industrial consumers: PALSP urges govt to implement 9 cents/kWh power tariff

ISLAMABAD: Pakistan Association of Large Steel Producers welcome the caretaker government’s initiative in...

Published 26 Jan, 2024 04:58am

Business & Finance

Petroleum concession deals, exploration licences signed

ISLAMABAD: Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over block no Kotra East (2867-8),...

Updated 25 Jan, 2024 09:41am

Business & Finance

SIFC EC reviews various policy-level initiatives

ISLAMABAD: The eighth session of the Executive Committee of Special Investment Facilitation Council (SIFC) started ...

Published 25 Jan, 2024 04:23am

Markets

PTEA seeks govt’s intervention for restoration of competitive energy tariff

FAISALABAD: High priced energy is adversely impacting the textile industry, the key driver of the country’s ...

Published 24 Jan, 2024 05:07am

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 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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