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Business & Economy

Finance ministry sees headline inflation decelerating further to 18.5-19.5% in April

Expects further easing to 17.5-18.5% in May 2024

Published 30 Apr, 2024 02:33pm

Money & Banking

BankIslami’s Profit Before Tax reaches Rs6.3bn

KARACHI: Maintaining its growth momentum, BankIslami delivered an impressive return for its shareholders, with a...

Published 30 Apr, 2024 03:43am

Money & Banking

HBL to inject up to Rs6bn equity in its microfinance bank

The Board of Directors of Habib Bank Limited, one of the largest commercial banks in the country, has approved an...

Published 30 Apr, 2024 01:10pm

Money & Banking

Banking Mohtasib provides Rs1.26bn relief to customers in 2023

KARACHI: The Institution of Banking Mohtasib Pakistan (BMP) has provided relief amounting to Rs1.26 billion to the...

Published 30 Apr, 2024 03:43am

Money & Banking

Indian rupee logs sharpest daily decline on dollar demand

MUMBAI: The Indian rupee ended lower on Monday, its worst intraday fall in more than two weeks, pressured by...

Published 30 Apr, 2024 03:43am

Money & Banking

SCBPL delivers strong financial performance

KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth ...

Published 30 Apr, 2024 03:43am

Business & Economy

7th straight status quo: SBP holds key interest rate at 22%

Upcoming budgetary measures may have implications for the near-term inflation outlook, Monetary Policy Committee says in press release

Updated 29 Apr, 2024 09:53pm

Money & Banking

Global Basel Committee bolsters rules for supervising banks

LONDON: The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting...

Published 29 Apr, 2024 04:49am

Money & Banking

Board of Directors of Al Baraka Bank meets finance minister

ISLAMABAD: The Board of Directors of Al Baraka Bank (Pakistan) Limited met with Federal Minister for Finance and...

Published 30 Apr, 2024 03:43am

Money & Banking

Japanese yen surges against dollar

NEW YORK: Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low hit earlier on...

Published 30 Apr, 2024 03:43am

Money & Banking

Pakistani banks should set up branches in Addis Ababa: envoy

FAISALABAD: Pakistani banks should establish their branches in Addis Ababa to handle business related transactions,...

Published 29 Apr, 2024 04:49am

Money & Banking

Yuan stutters near 5-month low

SHANGHAI: China’s yuan hovered near a five-month low against the dollar on Monday after the central bank set the...

Published 30 Apr, 2024 03:43am

Money & Banking

Religious scholar throws lights on importance of Islamic banking system

HYDERABAD: Mufti Shaikh Sufyan, Shariah scholar, Faisal Bank Hyderabad said that interest is a declaration of war...

Published 29 Apr, 2024 04:49am

Money & Banking

Most Asian currencies muted ahead of Fed decision

BENGALURU: Asian emerging market currencies were subdued on Monday after inflation data in the United States further...

Published 30 Apr, 2024 03:43am

Money & Banking

Yuan near five-month low against dollar

HONG KONG: China’s yuan hovered near a five-month low against the dollar and traded a whisker away from its daily...

Published 29 Apr, 2024 04:49am

Money & Banking

Indian rupee ends little changed

MUMBAI: The Indian rupee closed little changed on Friday but logged its strongest week-on-week rise in nearly three...

Published 29 Apr, 2024 04:49am

Companies

Empowering agricultural future: ABL Islamic Banking Group arranges awareness session

LAHORE: Allied Bank (ABL) Islamic banking group recently invited Rozena Saleha, CEO of Kalam4Solutions and her team...

Published 27 Apr, 2024 05:03am

Money & Banking

BOP announces 67pc growth in profit before tax in 1Q of 2024

LAHORE: A meeting of the Board of Directors of The Bank of Punjab was held on Friday to consider and approve the...

Published 27 Apr, 2024 05:03am

Money & Banking

Japan’s yen hits new 34-year low

NEW YORK: The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by US inflation ...

Published 27 Apr, 2024 05:03am

Money & Banking

Asian currencies subdued after mixed US data

BENGALURU: Most Asian currencies were subdued on Friday as mixed US data solidified bets of fewer rate cuts, while...

Published 27 Apr, 2024 05:03am

Money & Banking

India’s foreign exchange reserves drop to six-week low

MUMBAI: India’s foreign exchange reserves fell for a second consecutive week and stood at a six-week low of $640.33...

Published 26 Apr, 2024 05:52pm

Money & Banking

JS Bank registers massive 376% jump in profit in 1QCY24

JS Bank Limited (JSBL) posted massive consolidated profit of Rs4.2 billion during the three months ended March 31,...

Updated 26 Apr, 2024 09:31pm

Money & Banking

SBP expected to hold rates on Monday ahead of IMF deal, Reuters poll finds

KARACHI: A Reuters poll found that the State Bank of Pakistan (SBP) is expected to hold its key interest rate at a...

Updated 26 Apr, 2024 09:49pm

Money & Banking

ABL posts Rs11,364m PAT for quarter ended March 31, 2024

KARACHI: Allied Bank in line with its vision to become first-choice bank for the customers is focused to delivering...

Published 26 Apr, 2024 04:15am

Money & Banking

Dollar sags after US GDP and inflation surprise

NEW YORK: The US dollar eased against most currencies on Thursday in tight seesaw trade after data showed the ...

Published 26 Apr, 2024 04:15am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee ended largely unchanged on Thursday, wedged between a decline in most of its Asian peers ...

Published 26 Apr, 2024 04:15am

Money & Banking

BAFL posts Rs9.912bn PAT in Q1 of 2024

KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 24, 2024, approved the...

Published 26 Apr, 2024 04:15am

Money & Banking

Faysal Bank unveils strong financial results for Q1’24

KARACHI: Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, continued with its growth stride...

Published 26 Apr, 2024 04:15am

Forex

SBP-held foreign exchange reserves fall just below $8bn

Central bank attributes decrease in reserves to external debt repayments

Updated 25 Apr, 2024 10:19pm

Forex

RDA inflow registers significant growth of 29%, clocks in at $182mn in March

SBP data conveys total number of RDA accounts opened reached 679,792 from 668,701 a month ago

Updated 25 Apr, 2024 10:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / Apr 30	156.75
USD to Swiss Franc / Apr 30	0.91
Pound Sterling to USD / Apr 30	1.25
Euro to USD / Apr 30	1.07

Stock	Volume
S&P 500 / Apr 29	5116.17
Nasdaq / Apr 29	15983.08
Dow Jones / Apr 29	38386.09
India Sensex / Apr 30	75020.21
Tokyo Nikkei / Apr 30	38337.50
Hang Seng / Apr 30	17733.21
FTSE 100 / Apr 30	8175.09
Germany DAX 30 / Apr 30	18100.97

Item	Value
Gold 10 Grams PKR / Apr 29	209105
Petrol/Litre / Apr 30	293.94
Crude Oil USD/Barrel / Apr 30	82.43
Karachi Cotton PKR/37.32 KG / Apr 30	20000
Gold Spot USD/Ounce / Apr 30	2326.07
Diesel/Litre / Apr 30	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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