December 24, 2021 (MLN): The capital market opened on a positive note on Friday but lack of positive triggers pushed investors towards profit booking which concluded the benchmark KSE-100 index at 44,118.39 after
SPI increases by 0.4% WoW December 24, 2021 (MLN): The Sensitive Price Indicator (SPI) for the combined group witnessed an increase of 0.4% WoW for the week ended December 23, 2021, weekly data
December 24, 2021 (MLN): Federal Minister for Energy, Hammad Azhar admitted on Friday that domestic gas consumers in Karachi have been facing the problem because of supply gaps on account of a surge
December 24, 2021 (MLN): The State Bank of Pakistan (SBP) conducted another Open Market Operations (OMO) today, in which it injected Rs701 billion and Rs381.75 billion into the market for 7 days and
December 24, 2021: After extensive deliberations, the government asked the industry to increase the urea supplies by 30% ie about 3000-5000 metric tons countrywide to ease down the market, said a press release
December 24, 2021 (MLN): Pakistan received fresh external loans of $4.70 billion in the first five months of the ongoing fiscal i.e., July- Nov FY22 from multiple financing sources against the annual budget
December 24, 2021: President Dr. Arif Alvi has urged the expatriates to invest in Pakistan which is fast emerging as Asia’s premier investment and trade hub, said a press release yesterday. He emphasized
December 24, 2021: The International Monetary Fund said Thursday it will extend its flexible access to emergency funding for an additional 18 months to help nations severely impacted by the Covid-19 pandemic. The
December 24, 2021: National Economic Council (NEC) has decided in the meeting held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar that Pakistan will produce a country
December 24, 2021: Asian markets rose on Friday, extending their rally as fears over the Omicron coronavirus variant faded and further positive economic data from the United States cheered investors. Studies indicating Omicron
December 23, 2021: The Cabinet Committee on Energy (CCoE) asked the petroleum division to review the recommendations for enhancing domestic Liquified Petroleum Gas (LPG) production and forward a summary in this regard to the Economic
December 23, 2021: The State Bank of Pakistan will remain closed on December 25, 2021 (Saturday) being public holiday on the occasion of Quaid-e-Azam Day and Christmas, as declared by the Government of
December 23, 2021: Pakistan and the Kingdom of Saudi Arabia have reiterated their desire to take the existing relations to new heights in all areas of mutual interest, said a press release issued
December 23, 2021: The government’s efforts have improved the country's agricultural landscape as it increased earnings of wheat and sugarcane by 59% and 47% respectively in 2021 compared to last year, Imran Ahmed, Chief Financial Officer (CFO),
December 23, 2021: National productivity Organization (NPO) would continue to support the industrial sector to adopt energy-saving resources and increase existing international production capacity, said Muhammad Alamgir Chaudhry, Chief Executive Officer (CEO) NPO. Addressing
June 22, 2021: Finance Minister Shaukat Fayaz Ahmed Tarin has said that Government is fully cognizant of its responsibility regarding the provision of essential items at affordable prices across the board. Presiding over the meeting
June 21, 2021 (MLN): The Banking sector spread for May 2021 slightly contracted by 2 basis points (bps) over the month which brings its latest value to 4.44% as compared to prior month's spread of
June 21, 2021: In a major initiative, the State Bank of Pakistan unveiled a comprehensive policy to enhance the financial inclusion of Persons with Disabilities (PWDs) today. The Honourable President of Pakistan, Dr. Arif Alvi
June 21, 2021 (MLN): The Council of Common Interests has unanimously passed National Electricity Policy, Minister for Energy, Hammad Azhar informed on Monday. In his Tweet, he said that this policy is focused on power
June 21, 2021 (MLN): The export volume of Chemical and Pharmaceutical Products dropped by 44.8% MoM to clock in at $59million during May’21 while, the export of the similar group plummeted by 53.83% YoY. Primarily,
June 21, 2021 (MLN): Pakistan’s imports stood at $5.31 billion in the month of May 2021 with major contributions were associated with petroleum products, mobile phones, electrical machinery and plastic materials. According to the data
June 21, 2021 (MLN): The Financial Action Task Force (FATF), the global anti-money laundering watchdog is set to hold its virtual Plenary later this week on June 25, a press release said on Monday. The
June 21, 2021 (MLN): Saudi Arabia has agreed to resume oil assistance to Pakistan worth at least $1.5bn annually in July, Financial Times (FT) reported on Monday. This oil facility would help ease the external account position
June 21, 2021 (MLN): The trade value of food exports from the country in May’21 stood at around $243million, showing a decline of 24.49% YoY from $321.4mn in May 2020. Similarly, on MoM basis, the group
June 21, 2021 (MLN): The total export of textile products witnessed a fall in the month of May 2021 as it declined by 20.5% MoM to clock in at $1.06 billion. When compared with the
June 21, 2021: Special Assistant to the Prime Minister on Food Security Jamshed Iqbal Cheema says the government has allocated funds of 33 billion rupees for the uplift of the agriculture sector. Talking to newsmen
June 21, 2021: Prime Minister Imran Khan says Dasu Hydro Power Project is one of the projects which will immensely benefit the country upon their completion by 2028. In a pinned tweet with a video
June 21, 2021: Minister for Finance Shaukat Tarin says the government has allocated huge funds for development projects and social sector improvement. Talking to PTV, he said health sahulat cards, loans for farmers and youth,
Market Data and Economic Indicators Weekly Performance Jun 18, 2021 Jun 11, 2021 PKR InterBank 156.8926 155.7430 KSE100 Index 48,238.67 48,304.72 Avg Daily Volume 1,049,398,093 1,079,056,832 Gold (Karachi) Rs/10 gm 91,992 94,736 KIBOR 6M
June 20, 2021 (MLN): The latest weekly roundup is here to update few financial and economic releases, providing a guide to monitor trends in the upcoming week. The Weekly Sensitive Price Indicator (SPI) for the
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