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Published 06 Jun, 2024 03:09am

Five-day China visit: PM vows security to investments, individuals

SHENZHEN: Prime Minister Shehbaz Sharif on Wednesday, assuring all-out facilitation to Chinese investors, and...

Russians discussing with SIFC wide range of trade ties

Published 06 Jun, 2024 03:09am

Pakistan, China sign 32 agreements in ‘historic moment’

Published 06 Jun, 2024 03:09am

Pakistan keen to access Chinese capital markets: Aurangzeb

Published 06 Jun, 2024 03:09am

Mobilising finance via PPPs: ADB approves $250m policy-based loan

Published 06 Jun, 2024 03:09am

AGP office distances itself from ‘award in favour of SHPL’

Published 06 Jun, 2024 03:09am

Payments to IPPs: PPIB urges SBP to make $758m available

Published 06 Jun, 2024 03:09am

FBR finalises revised GST schedules for budget

Published 06 Jun, 2024 03:09am

Delay in release of imported cotton: APTMA seeks PM’s intervention

Published 06 Jun, 2024 03:09am

NA budget session begins today

Published 06 Jun, 2024 03:09am

$130 per metric ton customs value fixed on Pink Rock Salt’s export

Published 06 Jun, 2024 03:09am

Must Read

Editorials

Is inflation finally easing?

Opinion

Sustainable wheat crop: strategies

BR Research

Profit and dividend repatriation in 10MFY24

Editorials

The PM’s visit to China

Opinion

Low taxation of property

Perspectives

Sovereign and strategic: looking at a budget beyond the IMF

BR Research

CPI: a surprise reading – but will it hold?

Life & Style

‘Most visited place on earth’: Emaar announces AED1.5bn expansion for Dubai Mall

Perspectives

Understanding net metering, gross metering, and net billing: Pakistan needs sustainable practices

Editorials

Planned sell-off of Discos

Opinion

Budget: govt between a rock and a hard place

Calculate your monthly liability in FY24

Sheikh Mujeeb’s propaganda video: FIA decides to examine IK’s ‘X’ account

NJLI Sarmaya Growth Fund Rates

Understanding net metering, gross metering, and net billing: Pakistan needs sustainable practices

PRL, ED Investment may establish a joint group

Categorising PBC as strategic SOE: Ministry seeks Cabinet body on SOEs nod

Pakistan eyes access to Chinese capital markets: Aurangzeb

Super tax cannot be imposed retrospectively: LHC

Is inflation finally easing?

Pakistan, China agree to explore opportunities under CPEC

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.50
USD PKR Interbank Buying / Jun 5	278.30
USD to Japanese Yen / Jun 5	156.06
USD to Swiss Franc / Jun 5	0.89
Pound Sterling to USD / Jun 5	1.28
Euro to USD / Jun 5	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
India Sensex / Jun 5	74382.24
Tokyo Nikkei / Jun 5	38490.17
Nasdaq / Jun 5	17187.05
Hang Seng / Jun 5	18424.96
FTSE 100 / Jun 5	8246.95
Dow Jones / Jun 5	38807.33
Germany DAX 30 / Jun 5	18575.94

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Crude Oil USD/Barrel / Jun 5	74.07
Gold 10 Grams PKR / Jun 5	206276
Gold Spot USD/Ounce / Jun 5	2375.50
Cotton US¢/pound / Jun 5	73.51
Petrol/Litre / Jun 6	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.50
USD PKR Interbank Buying / Jun 5	278.30
USD to Japanese Yen / Jun 5	156.06
USD to Swiss Franc / Jun 5	0.89
Pound Sterling to USD / Jun 5	1.28
Euro to USD / Jun 5	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
India Sensex / Jun 5	74382.24
Tokyo Nikkei / Jun 5	38490.17
Nasdaq / Jun 5	17187.05
Hang Seng / Jun 5	18424.96
FTSE 100 / Jun 5	8246.95
Dow Jones / Jun 5	38807.33
Germany DAX 30 / Jun 5	18575.94

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Crude Oil USD/Barrel / Jun 5	74.07
Gold 10 Grams PKR / Jun 5	206276
Gold Spot USD/Ounce / Jun 5	2375.50
Cotton US¢/pound / Jun 5	73.51
Petrol/Litre / Jun 6	268.36

Sheikh Mujeeb’s propaganda video: FIA decides to examine IK’s ‘X’ account

NJLI Sarmaya Growth Fund Rates

Understanding net metering, gross metering, and net billing: Pakistan needs sustainable practices

PRL, ED Investment may establish a joint group

Categorising PBC as strategic SOE: Ministry seeks Cabinet body on SOEs nod

Pakistan eyes access to Chinese capital markets: Aurangzeb

Super tax cannot be imposed retrospectively: LHC

Is inflation finally easing?

Pakistan, China agree to explore opportunities under CPEC

Business & Finance

2024-06-06-12-40

Prospective PIA bid: Arif Habib says amount should go into core company as capital

KARACHI: Arif Habib, chief executive of the group that is one of the six entities which pre-qualified for the... Published 06 Jun, 2024 03:09am

BR Research

WPI bottoming out?

The Wholesale Price Index (WPI) at 9.9 percent for May 2024 is the first single digit reading in 40 months. The WPI...

Published 05 Jun, 2024 06:43am

Companies

‘Protect local auto industry’: Indus Motor CEO wants higher duties, taxes on import of used cars

Ali Asghar Jamali, Chief Executive Officer of Indus Motor Company (IMC) that assembles/manufactures Toyota-brand... Published 06 Jun, 2024 12:01am

2024-06-06-01-39

Govt should prioritise & target economic growth: PBF

KARACHI: Chairperson of Pakistan Business Forum (PBF) Sindh Chapter, Shabnum Zafar has said that our commitment and... Published 06 Jun, 2024 03:09am

BR Research

Profit and dividend repatriation in 10MFY24

Profit and dividend repatriation on FDI during 10MFY24 has exceeded the FY23 annual tally by three times already....

Published 05 Jun, 2024 06:40am

2024-06-06-01-24

SBP governor chairs meeting on implementation of priority sector initiatives

KARACHI: The Governor State Bank of Pakistan (SBP), Jameel Ahmed, chaired the first Steering Committee meeting for... Published 06 Jun, 2024 03:09am

Stocks

Budget 2024-25: PSX proposes tax reforms to boost capital market

The Pakistan Stock Exchange (PSX) on Wednesday submitted its proposals to the government for the upcoming budget,... Published 05 Jun, 2024 09:50pm

Stocks

KSE-100 extends losses amid selling pressure

The Pakistan Stock Exchange (PSX) witnessed another negative session on Wednesday as its benchmark KSE-100 Index... Updated 05 Jun, 2024 10:47pm

Business & Economy

ADB approves $250mn loan to boost public-private partnerships in Pakistan

The Asian Development Bank (ADB) on Wednesday approved a $250-million policy-based loan to help Pakistan drive... Updated 05 Jun, 2024 10:43pm

Energy

Power Division rejects reports of ending net metering policy

The Power Division on Wednesday rejected reports claiming that the government might take a decision to end the net... Updated 05 Jun, 2024 10:18pm

BR Research

Nishat Power Limited

Nishat Power Limited (PSX: NPL) was incorporated in Pakistan as a public limited company in 2007. The company owns,...

Published 05 Jun, 2024 06:37am

BR Research

CPI: a surprise reading – but will it hold?

Over the past two years, rising inflation shattered records and surpassed analysts’ expectations. However, a...

Published 04 Jun, 2024 09:01am

BR Research

Sugar industry: political affiliation isn’t helping

The sugar industry is in the news again. The industry wants a license to export surplus stocks; the government wants...

Published 04 Jun, 2024 08:58am

BR Research

Octopus Digital Limited

Octopus Digital Limited (PSX: OCTOPUS) was incorporated in Pakistan as a private limited company in 2017 as Avanceon...

Published 04 Jun, 2024 08:55am

Pakistan

No restriction on court reporting: IHC

The Islamabad High Court (IHC) clarified on Wednesday that journalists were free to report on court proceedings, but... Published 05 Jun, 2024 06:49pm

2024-06-06-01-51

Vawda, Kamal press conferences: SC issues notices to TV channels

ISLAMABAD: The Supreme Court issued contempt notices to TV channels for broadcasting press conferences of Senator... Published 06 Jun, 2024 03:09am

2024-06-06-01-51

Pakistan may become UNSG non-permanent member

ISLAMABAD: Pakistan is likely to get elected as a non-permanent member of the UN Security Council for the eighth... Published 06 Jun, 2024 03:09am

2024-06-06-01-51

PTI founder reaping what he sowed: Bilawal

KARACHI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said that the Pakistan Tehreek-e-Insaf ... Published 06 Jun, 2024 03:09am

2024-06-06-01-54

Controversial tweet case: IHC bars FIA from taking action against PTI leaders

ISLAMABAD: The Islamabad High Court (IHC), Wednesday, restrained the Federal Investigation Agency (FIA) from taking... Published 06 Jun, 2024 03:09am

Bilawal urges party leaders to meet public expectations, stop in-fighting

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday urged Sindh ministers to focus on their... Published 05 Jun, 2024 06:25pm

World

2024-06-06-01-20

World hits streak of record temperatures as UN warns of ‘climate hell’

BRUSSELS/GENEVA: Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU’s... Published 06 Jun, 2024 03:09am

2024-06-06-01-54

World’s richest have never been so wealthy: study

PARIS: The world has never had so many rich people and their investments in soaring stock markets have made them... Published 06 Jun, 2024 03:09am

Europe

Russia to deploy more ‘instructors to Burkina Faso’: Lavrov

ABIDJAN: The number of Russian military instructors in Burkina Faso “will increase”, Moscow’s Foreign Minister... Published 05 Jun, 2024 06:46pm

Europe

Kyiv welcomes US VP Harris participation at Ukraine summit

KYIV: Kyiv on Wednesday welcomed an announcement from Washington that US Vice President Kamala Harris will attend an... Published 05 Jun, 2024 02:14pm

South Asia

India’s Modi, allies to meet after election verdict, key ally pledges support

HYDERABAD: A key ally of Indian Prime Minister Narendra Modi pledged support to him on Wednesday and was set to... Updated 05 Jun, 2024 12:19pm

Editorials

Injudicious use of development outlay

EDITORIAL: The disarray marring Pakistan’s development agenda was laid bare recently by the planning ministry as ...

Indian elections: a glimmer of hope?

EDITORIAL: Following the announcement of results of India’s parliamentary elections on June 4, many in Pakistan...

Is inflation finally easing?

EDITORIAL: Pakistan Bureau of Statistics (PBS) estimated the Consumer Price Index (CPI) at 11.8 percent in May,...

Another non-starter?

EDITORIAL: It’s becoming increasingly clear that US President Joe Biden was perhaps the only person who thought ...

The PM’s visit to China

EDITORIAL: The Chinese Ambassador to Pakistan, Jiang Zeidong, recently stated that Prime Minister Shehbaz Sharif’s...

Opinion

PARTLY FACETIOUS: ‘Some poodles are more equal than others…’

Anjum Ibrahim

“So, what is with the debates between Starmer and Sunak?” “Well, you can’t accuse the British of doing a...

Sustainable wheat crop: strategies

Dr Sobia Rose

The recent wheat crisis in Pakistan can be attributed to two primary factors. Firstly, the Punjab government ...

Should we not prevent heat islands and flooding in Karachi?

Yasmeen Lari

Over my dead body! Don’t you dare stop my delivery vans driving directly to my shop! The year was 2019 and Haji...

Revisiting govt jobs

Nadeem Ahmed Khan

“Permanent jobs with absolute job security have made the government officers complacent. It has brought great...

The burgeoning burden of capacity payments

Kamran Arshad

As Pakistan prepares for a significant increase in electricity prices next year, driven by further rupee devaluation...

Perspectives

Sovereign and strategic: looking at a budget beyond the IMF

Aania Alam

Recently, Pakistan’s coffers were replenished with the final tranche from the IMF’s Stand-by Agreement (SBA),...

Understanding net metering, gross metering, and net billing: Pakistan needs sustainable practices

Annam Lodhi

The recent buzz around gross metering has reignited discussions on renewable energy, a crucial subject as the world...

Dubai: learning from a tourism success story

Travel Recorder

“The future belongs to those who can imagine it, design it, and execute it. It isn’t something you await, but rather...

Life Style

It’s Christmas in June for Ottawa filmmakers

OTTAWA: It’s Christmas in Ottawa, with filmmakers this spring and summer capturing couples smooching under... Published 05 Jun, 2024 11:12pm

Life & Style

Sana Safinaz, Misha Lakhani, Sania Maskatiya set to exhibit in Dubai

Updated 05 Jun, 2024 11:09pm

Life & Style

Alec Baldwin, facing manslaughter trial, to star in reality show

Published 05 Jun, 2024 05:53pm

Sports

Pakistan-US match at Grand Prairie Cricket Stadium in Dallas today

LAHORE: Pakistani skipper Babar Azam will be hoping it is third time lucky for him when he captains Pakistan in the... Published 06 Jun, 2024 03:09am

Sports

Rohit in the runs as India rout Ireland in T20 World Cup

Updated 05 Jun, 2024 10:56pm

Sports

Sabalenka eyes French Open semis, Rybakina beaten by Paolini

Published 05 Jun, 2024 08:05pm

Skipper Rohit Sharma tried to get Dravid to stay on as India coach

NEW YORK: India captain Rohit Sharma said Tuesday that he had unsuccessfully tried to get Rahul Dravid to stay on as... Published 05 Jun, 2024 11:40am

Sports

Euro 2024: Spain factfile

Published 05 Jun, 2024 01:33pm

Sports

Euro 2024: Italy factfile

Published 05 Jun, 2024 12:43pm

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