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Money & Banking

Significant rise in mobile banking malware, cryptocurrency-related phishing

ISLAMABAD: A leading cybersecurity company has detected significant increase in mobile banking malware and...

Published 17 May, 2024 05:50am

Money & Banking

Debt Card, ATM services: Euronet partners with JS Bank

KARACHI: JS Bank has partnered with Euronet Pakistan, a division of Euronet Worldwide and a global payment ...

Published 17 May, 2024 05:50am

Money & Banking

Dollar rebounds on hot US import prices

NEW YORK: The dollar rose on Thursday after data showed US import prices increased 0.9% last month, a jump that...

Published 17 May, 2024 05:50am

Money & Banking

China’s yuan firmer against dollar

SHANGHAI: China’s yuan firmed on Thursday, as the US dollar was broadly sold off after a better-than-expected...

Published 17 May, 2024 05:50am

Money & Banking

Asian currencies: Malaysian ringgit, Thai baht hit multi-month highs

BENGALURU: Most emerging Asian currencies gained ground against a weakening greenback on Thursday and stocks also...

Published 17 May, 2024 05:50am

Forex

SBP-held foreign exchange reserves increase $15mn, now stand at $9.13bn

Total liquid foreign reserves held by the country stand at $14.62 billion

Updated 16 May, 2024 10:28pm

Money & Banking

Risk Associates announces Meezan Bank’s certification with PCI 3DS standard

KARACHI: Risk Associates, Pakistan’s leading PCI Qualified Security Assessor (QSA), has recently announced Meezan...

Published 16 May, 2024 06:28am

Money & Banking

Dollar slides after US CPI data

NEW YORK: The dollar fell on Wednesday after US consumer prices rose less than expected in April, indicating...

Published 16 May, 2024 06:28am

Money & Banking

Freelancers and IT exporters: BankIslami launches exclusive priority banking lounge

KARACHI: BankIslami, a leading financial institution announced the opening of its exclusive priority banking lounge...

Published 16 May, 2024 06:29am

Money & Banking

Fed gets some good news on inflation progress

Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some...

Published 15 May, 2024 08:53pm

Money & Banking

China’s yuan edges up

SHANGHAI: China’s yuan edged higher on Wednesday, as a report of a possible plan to ease the country’s housing...

Published 16 May, 2024 06:28am

Money & Banking

Asian currencies: Malaysian ringgit hits 2-month high

BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key...

Published 16 May, 2024 06:28am

Money & Banking

HDFC Bank, consumer stocks weigh on Indian shares

BENGALURU: Indian shares closed lower on Wednesday, dragged by top private lender HDFC Bank and consumer stocks,...

Published 16 May, 2024 06:28am

Money & Banking

FBL inaugurates regional head office & flagship branch in Multan

MULTAN: Faysal Bank Limited (FBL) Pakistan’s fastest growing Islamic bank, inaugurated its Multan Regional Head...

Published 16 May, 2024 06:28am

Money & Banking

Al Baraka Bank (Pakistan) organises webinar to enhance exports of Pakistan

KARACHI: Al Baraka Bank (Pakistan) Limited organized 2nd Webinar for Al Baraka Group (ABG) Inter-Franchise...

Published 15 May, 2024 05:47am

Money & Banking

BoK signs agreement with SKMCH

PESHAWAR: Bank of Khyber (BoK) signed an agreement with Shaukat Khanum Memorial Cancer Hospital (SKMCH) for access ...

Published 15 May, 2024 05:47am

Money & Banking

Dollar slips after unexpected rise in US producer prices

NEW YORK: The dollar edged lower on Tuesday following an unexpected increase in US producer prices in April amid...

Published 15 May, 2024 05:47am

Money & Banking

Yuan lingers near 2-week low

SHANGHAI: China’s yuan hovered near a two-week low on Tuesday against a steady dollar, with investors awaiting an...

Published 15 May, 2024 05:47am

Money & Banking

US Fed’s Powell expects inflation to fall, though not as confident as before

AMSTERDAM: Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through...

Published 14 May, 2024 08:48pm

Business & Economy

Political uncertainty impacting Pakistan economy, says SBP

Policy, structural challenges need to be addressed as necessary tailwind, says central bank in half-year report

Updated 14 May, 2024 10:50pm

Money & Banking

BoK inaugurates sub-branch at UOM

PESHAWAR: Bank of Khyber (BoK) announced the inauguration of its state-of-the-art sub-branch at University of...

Published 14 May, 2024 05:18am

Money & Banking

China’s yuan drops to 2-week low

SHANGHAI: China’s yuan slipped to a two-week low against the dollar as weak domestic credit data reinforced the...

Published 14 May, 2024 05:18am

Money & Banking

Dollar slips as market awaits key inflation data

NEW YORK: The dollar slid versus most major currencies on Monday amid expectations key US data this week will show a...

Published 14 May, 2024 05:18am

Money & Banking

Asian currencies: Philippine peso drops 0.7pc, rupiah slips 0.3pc

BENGALURU: Most Asian currencies slipped against the dollar on Monday, as traders awaited US inflation data to ...

Published 14 May, 2024 05:18am

Money & Banking

US Fed vice chair says interest rates should remain on pause

WASHINGTON: The US central bank should keep interest rates at their current “restrictive” levels until it sees real...

Published 13 May, 2024 07:29pm

Money & Banking

Indian rupee closes little changed

MUMBAI: The Indian rupee closed nearly flat on Friday, tracking subdued moves in its Asian peers and as expectations...

Published 13 May, 2024 06:08am

Money & Banking

C$ steady against US dollar

TORONTO: The Canadian dollar steadied against its broadly stronger US counterpart on Friday, with the currency...

Published 13 May, 2024 06:08am

Money & Banking

SBP provides foundation for elimination of Riba by Dec 31, 2027

FAISALABAD: State Bank of Pakistan (SBP) has provided a solid and practicable foundation for the elimination of Riba...

Published 12 May, 2024 03:09am

Money & Banking

IMF welcomes SBP's decision to keep key policy rate unchanged

The International Monetary Fund (IMF) has welcomed the State Bank of Pakistan’s (SBP) Monetary Policy Committee...

Updated 11 May, 2024 05:17pm

Money & Banking

Borrower fails to shift dispute with branch manager to recovery proceedings of bank

LAHORE: A borrower has failed to shift his personal dispute with branch manager to the recovery proceedings of a ...

Published 11 May, 2024 06:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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