Trends - Economic distress - Business Recorder

Economic distress

Low inflation, high uncertainty

It reached an all-time high of 38 percent in May 2023 (based on monthly data available since 1964) and then dropped...

Updated 05 May, 2025 07:35am

Pakistan loses Rs750bn tax revenue to illicit trade, smuggling yearly: report

ISLAMABAD: Pakistan loses Rs 750 billion in tax revenue per annum due to illicit trade and smuggling, reflecting...

Updated 02 May, 2025 09:04am

State Bank of Pakistan identifies obstacles to FDI inflows

KARACHI: The State Bank of Pakistan (SBP) has identified political and economic instability, high taxation and...

Updated 02 May, 2025 09:23am

Editorials

Economic fallout of geopolitical shocks

EDITORIAL: Amid escalating geopolitical tensions and instability in the region – intensified by the ongoing...

Published 30 Apr, 2025 05:57am

Rupee-dollar parity: Procuring dollars from market not a sustainable policy: Pasha

ISLAMABAD: The State Bank of Pakistan (SBP) procured dollars from the market, originated from hawala hundi, to...

Updated 28 Apr, 2025 03:02pm

Editorials

Foreign loans

EDITORIAL: Pakistan has received 12.5 billion dollars in foreign loans during the first nine months of the current...

Published 23 Apr, 2025 06:11am

Opinion

Pakistan’s window of opportunity

The world is at a pivotal juncture in global economic history. The international trade landscape is undergoing a...

Published 17 Apr, 2025 06:22am

Opinion

Evolution of public debt

Pakistan today is one of the Asian countries with a relatively high level of public debt in relation to the GDP. As...

Published 15 Apr, 2025 05:54am

Power minister tells NA: Early termination of pacts with 6 IPPs helps govt save Rs411bn

ISLAMABAD: Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari Friday said as per the calculations...

Updated 12 Apr, 2025 02:42pm

Pakistan

Eid shopping slowly gaining momentum

KARACHI: Despite a slow start Eid shopping has been gaining momentum. “No matter what the economic condition is,...

Published 23 Mar, 2025 05:26am

Pakistan

2023-24: PAC concerned at lapse of economic grants worth Rs58bn

ISLAMABAD: The Public Accounts Committee Thursday expressed serious concern over lapse of economic grants worth Rs58...

Published 21 Mar, 2025 07:35am

Opinion

Pakistan in dire need of reforms

The economic situation in Pakistan remains complex, with fluctuating growth rates, high prices of commodities, and...

Published 21 Mar, 2025 06:45am

Opinion

Why net metering reforms alone won’t fix the grid crisis

Pakistan has long struggled with comprehensive, long-term energy policies that take a consolidated approach to...

Published 20 Mar, 2025 06:06am

Editorials

LSM still negative

EDITORIAL: Pakistan Bureau of Statistics (PBS) released the Quantum Indices of Large Scale Manufacturing (LSM) which...

Published 20 Mar, 2025 05:57am

Editorials

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Published 19 Mar, 2025 05:48am

Business & Finance

Country’s economic house is not exactly in order: BMP

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Monday observed...

Published 18 Mar, 2025 06:55am

SLA delay: Trust deficit cited as possible cause

ISLAMABAD: The delay in reaching a staff level agreement under the International Monetary Fund’s ongoing Extended...

Updated 18 Mar, 2025 09:29am

Opinion

Pakistan’s widening trade deficit will deepen without urgent policy reforms

Pakistan’s trade deficit has widened by 16% to USD 14.1 billion in the first seven months of FY 2025, compared to...

Published 17 Mar, 2025 06:29am

Govt urged to withdraw abrupt changes in net metering policy

PESHAWAR: Business community expressed concern over abrupt changes in net metering policy, calling it a major hurdle...

Updated 17 Mar, 2025 09:48am

Opinion

IMF: both a problem and a solution?

The country is currently under the 23rd IMF programme — a US$ 7 billion, 37-month Extended Fund Facility (EFF)...

Updated 15 Mar, 2025 07:26am

Jul-Feb tax collection falls short of target

Federal Board of Revenue collects Rs7,346 billion during the first eight months

Updated 14 Mar, 2025 04:48pm

ACT Alliance report: Tax regime inflicts huge losses on economy

ISLAMABAD: Pakistan’s economy is losing over a staggering Rs300 billion annually due to an unsustainable tax regime,...

Updated 13 Mar, 2025 08:43am

Opinion

No lessons learnt

Pakistan is a unique country in which the authorities seem incapable of learning from past experience. Here we are...

Updated 11 Mar, 2025 06:07am

Editorials

Electricity conundrum

EDITORIAL: Reports appearing in media suggest that the government intends to secure a 1.25 trillion rupees loan from...

Published 11 Mar, 2025 05:35am

Jul-Jan govt debt up 4.65pc to Rs72.12trn

KARACHI: The federal government’s total debt stock surged by over Rs 3 trillion during the first seven months of the...

Updated 07 Mar, 2025 02:33pm

Business & Finance

‘Govt should resolve all issues of textile sector immediately’

KARACHI: The Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals...

Published 07 Mar, 2025 05:45am

Business & Finance

BMP for curbing capital flight, brain drain

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Monday...

Published 04 Mar, 2025 06:30am

Opinion

Human development emergency: Pakistan’s greatest challenge

Economic policy debates in Pakistan tend to fixate on macroeconomic indicators—fiscal deficits, firm-level...

Updated 03 Mar, 2025 06:59am

Editorials

A bloated cabinet

EDITORIAL: While most Pakistanis — particularly lower-income groups, the salaried class and the corporate sector...

Published 03 Mar, 2025 06:28am

Opinion

Fix the EFS

Export-led growth is the mantra these days, but government seems uninterested in actually facilitating it. The...

Published 03 Mar, 2025 06:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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