Aramco declares $1.71 trillion valuation in blockbuster IPO
"The base offer size will be 1.5 per cent of the company's outstanding shares," the state-owned energy giant says.
Worst is over, Hafeez tells business leaders in Karachi
Rs200bn worth of bonds to address circular debt soon.
EU offers technical assistance on FATF action plan
EU-Pakistan Joint Commission discusses issues hampering trade and investment, GSP-Plus implementation.
Stocks repeat bullish week
KSE-100 index up by 1,606 points, closes above the 37,000 resistance level at 37,584.
Tomato price again crosses Rs300 mark in Karachi markets
Many retailers have also increased the per kilogram price of onion to Rs90-100 from Rs80 per kg.
Asian Bank evaluating KP’s hydropower dam proposal
The proposed project will include a 60-metre high concrete dam and have an installed capacity of 300MW.
Policy Board directs SECP to recall officers deputed at NAB, FIA
SEPB directs the SECP to revisit proposed Growth Enterprise Market (GEM) Listing Regulations of the PSX.
Global debt to top record $255tr by year’s end
Around 60 per cent of the jump comes from the US and China.
Foreign debt servicing surges past $3bn in July-September
SBP data says external debts and liabilities' percentage with respect to GDP has significantly declined.
Increasing non-tax revenue top priority: PM
Prime minister says government does not want to get rid of loss-bearing entities by just privatising them.
EXCHANGE RATES
Exchange Rates for Currency Notes
| Countries | Selling (Rs.) | Buying (Rs.) |
|---|---|---|
| U.S.A. | 155.40 | 155.20 |
| U.K. | 200.20 | 199.20 |
| Euro | 171.50 | 170.50 |
| Japan | 1.4500 | 1.4100 |
| Saudi Arabia | 41.35 | 41.25 |
| U.A.E. | 42.35 | 42.25 |
Highlights
BULLION RATES
| City | Gold (24-ct) | Silver |
|---|---|---|
| Karachi | 73,903 | 857.34 |
| Multan | 73,210 | 865.00 |
Business & Finance
Betting on SEZs — again
Business community is desperately waiting for government measures that will reboot the economy.
A thumping vote
IMF directors and senior officials have appreciated the robust take-off on the programme commitments by the government.
Weekly rupee-dollar parity
Chart by RA
Published in Dawn, The Business and Finance Weekly, November 12th, 2019
KSE 100-share index fluctuations
Chart by Rehan Ahmed
Published in Dawn, The Business and Finance Weekly, November 12th, 2019