Trends - Companies - Business Recorder

Companies

Cos plead case before PM: 10pc FED on juices to inflict revenue loss on FBR

ISLAMABAD: The imposition of 10 percent Federal Excise Duty (FED) on juices will actually result in revenue loss to...

Published 17 Feb, 2023 06:36am

Business & Finance

Companies (Registration Offices) Regulations, 2018: SECP notifies draft amendments

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has reduced the processing time for disposal of...

Published 31 Jan, 2023 06:01am

Business & Finance

Private debt markets face reality check as companies grapple with recession

LONDON: Stellar growth in private debt markets over the past decade looks set to face a reality check as a looming...

Published 26 Dec, 2022 05:48am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 24 Dec, 2022 05:50am

Business & Finance

E-voting option to members: PSX urges SECP to defer requirement for listed cos

ISLAMABAD: Pakistan Stock Exchange Limited (PSX) has asked the Securities and Exchange Commission of Pakistan (SECP)...

Published 13 Dec, 2022 05:58am

Business & Finance

Election of directors: Cos directed to give right of vote thru e-voting facility

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed companies to provide the right of...

Updated 10 Dec, 2022 01:03pm

Business & Finance

In their financial statements: SECP asks listed firms to present fair view of affairs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Thursday directed the listed companies to...

Published 25 Nov, 2022 06:46am

Business & Finance

Rating contract/agreement termination: SECP imposes new conditions on companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed new conditions on the companies...

Published 22 Jun, 2022 05:58am

Markets

KSE-100 Index ends flat amid low volume

Investors opt to stay on the sidelines ahead of federal budget announcement on June 10

Published 07 Jun, 2022 05:15pm

Markets

Systems Limited to acquire 100% of NdcTech

Agreement subject to all necessary shareholder and regulatory approvals

Published 30 May, 2022 12:19pm

Business & Finance

PNIP asked to help cos intending to raise funds thru crowdfunding

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed to Pakistan National Investor...

Published 27 Apr, 2022 06:38am

Business & Finance

March 2022: 2,033 cos registered following SECP-FBR integration

ISLAMABAD: The integration of the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of...

Published 12 Apr, 2022 05:17am

World

Germany plans more than 100bn euros of aid for companies

BERLIN: Germany plans to offer more than 100 billion euros ($108.8 billion) worth of aid to companies hit by fallout...

Published 11 Apr, 2022 07:20am

Disclosure of confidential information: Independent directors of companies barred

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has barred the independent directors of...

Updated 06 Apr, 2022 03:47pm

World

Biden’s budget boosts military, raises taxes on billionaires, companies

WASHINGTON: US President Joe Biden on Monday submitted a $5.79 trillion budget plan to Congress that calls for ...

Published 30 Mar, 2022 07:22am

Editorials

SMEs: policy needs provincial support

EDITORIAL: This government is rightly lending focus to the promotion of Small and Medium Enterprises (SMEs) in the...

Published 06 Sep, 2021 06:14am

Opinion

G7 steps towards making companies disclose climate risks

The wealthy G7 countries on Saturday moved closer to mandatory disclose of companies’ climate impact despite a ...

Published 07 Jun, 2021 03:34am

Pakistan

Illicit cigarettes' trade: Companies intentionally present inflated numbers

ISLAMABAD: The illicit cigarette's trade figures are far less in Pakistani cities against projections made by the...

Published 07 Jun, 2021 03:34am

Business & Finance

SBP amends capital adequacy regulations to boost REITs

SBP has lowered the applicable risk weight from 200% to 100% on banks/ DFIs’ investments in the units of REITs

Published 02 Jun, 2021 02:54pm

Business & Finance

SECP considering conversion of physical shares into book-entry form

As per SECP, in order to minimize shareholding disputes and make the entire process of holding, monitoring, and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring all the public listed, public unlisted, public interest and private limited companies to have their shares in book-entry form in compliance with Section 72 of the Companies Act, 2017.

Published 08 May, 2021 11:14am

World

US sanctions 10 Pakistani individuals and companies for meddling in 2020 presidential election

US imposed sanctioned on 32 individuals and entities for participating in Russia’s alleged election meddling attempts in 2020 presidential elections.
10 of them belonged to Pakistan, based in Karachi and Lahore.

Updated 17 Apr, 2021 06:00pm

Business & Finance

February 2021: 39pc corporate growth marked due to SECP reforms

ISLAMABAD: A host of reforms by the Securities and Exchange Commission of Pakistan (SECP) for ease of doing business...

Published 10 Mar, 2021 04:59am

Business & Finance

Aiming to enhance presence, dozens of Pakistani Cos participate at Gulfood 2021

HE Ahmed Amjad Ali, Consul General of Pakistan said that Pakistani companies offering wide variety of products in food and beverages are participating in the event.

Published 22 Feb, 2021 10:54am

World

Hedge fund strikes deal for Tribune Publishing newspaper group

WASHINGTON: A hedge fund has struck a deal to acquire the publisher of the Chicago Tribune, New York Daily News and...

Published 18 Feb, 2021 04:08am

Business & Finance

Czech companies to visit Pakistan, explore opportunities in power sector

Federal Minister for Energy Omar Ayub Khan has said the government is pursuing robust policies to revamp the petroleum and power sectors of the country.

Published 17 Feb, 2021 03:10pm

Technology

Microsoft tried to buy Pinterest

Microsoft approached Pinterest in recent months in an attempt to acquire the $51 billion social media company.
Although, the talks are currently not active, if successful, this could have been Microsoft's biggest deal to date.

Published 11 Feb, 2021 05:15pm

Business & Finance

SECP Business Centre records 24pc growth in company incorporation

ISLAMABAD: The SECP’s newly established Business Centre recorded 24% growth in incorporation of new companies, by...

Published 09 Feb, 2021 04:43am

World

EU must further relax state aid rules, say Austria, Denmark, Czech Republic

European businesses will face severe economic consequences well into 2021.
To end this uncertainty, we suggest that the ceilings for direct grants and uncovered fixed costs be raised significantly.

Published 28 Jan, 2021 08:54pm

Business & Finance

Pakistani Engineers' New Device Reduces Electricity Usage at Home by 20pc

A team of electrical engineering graduates from NUST at ENENT developed a device to reduce electricity use at home by 20%.

Updated 07 Nov, 2020 12:37pm

Business & Finance

Impressive Year for Bestway Cement: Profits Rise by Almost 500%

Bestway Cement Limited witnessed a stellar increase of almost 500% in profits after tax during the third quarter of the current financial year.

Published 29 Oct, 2020 01:43pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Companies

Most Popular