News stories for Shahab Jafry - Business Recorder

Shahab Jafry

Opinion

Elite’s divorced from reality

It turns out that a ringside seat to a country plummeting into sovereign default – one of the few perks of an...

Published 19 Jan, 2023 05:58am

Opinion

Fatwas don’t work with terrorists

Pakistan’s establishment understands only too well why fatwas (religious edicts) against terrorism never work with...

Published 12 Jan, 2023 05:51am

Opinion

Slim chance of Asian equities rebounding

2022 turned out to be an annus horribilis for Asian equities as an uber-hawkish Fed and unrelenting dollar strength...

Updated 05 Jan, 2023 06:26am

Opinion

Everybody’ll want the establishment back

If you’ve followed Pakistani politics for two-and-a-half decades, especially as a journalist, you’ll understand that...

Published 29 Dec, 2022 05:59am

Opinion

Another action plan?

Why did the prime minister feel the need for another “national action plan” when he vowed to deal with terrorism...

Published 22 Dec, 2022 05:57am

Opinion

Here comes another war

Counterinsurgency (COIN) 101 will tell you that once a beaten insurgent force is able to sneak out of the warzone ...

Published 15 Dec, 2022 06:35am

Opinion

Doesn’t matter who is/becomes FM

SBP’s (State Bank of Pakistan’s) surprise 100 basis point increase in its key policy rate (to a 24-year high of...

Updated 01 Dec, 2022 06:07am

Opinion

Sleepwalking into default

It’s pretty clear that the PTI (Pakistan Tehreek-e-Insaf) government will not stop agitating for an early ...

Published 24 Nov, 2022 04:28am

Opinion

Dar sb waits, and waits

Finance Minister Ishaq Dar must have spent the last few days, since the zero-interest surprise disappeared from the...

Updated 17 Nov, 2022 06:28am

Opinion

Some questions for PTI walas

Is it just me or has someone else also noticed how the cowardly and condemnable attack on Imran Khan has shocked the...

Published 10 Nov, 2022 06:15am

Opinion

Democracy hasn’t worked either

A lot of young people high on revolution as they march towards Islamabad on Imran Khan’s bandwagon don’t seem to...

Published 03 Nov, 2022 05:50am

Opinion

Dar’s charm wearing off?

It appears that Finance Minister’s charm is wearing off, but not before fooling the people and even the markets...

Published 27 Oct, 2022 05:54am

Opinion

Between Riyadh and Washington

Islamabad could have watched comfortably from the side as the historic US-Saudi security-for-oil deal of 77 years...

Published 20 Oct, 2022 05:36am

Opinion

‘Classic case of good news is bad news’

Every day in the markets is a trip to school these days. Last week began with hopes of the Federal Reserve pivoting...

Published 13 Oct, 2022 05:59am

Opinion

After the ‘oil price closet of anxieties’

Finance Minister Ishaq Dar sure looked pretty and no doubt also felt very good as he cut oil prices to announce his...

Published 06 Oct, 2022 05:59am

Opinion

Dar-dollar parity? Really?

What’s all this fuss about (former finance minister) Isahq Dar and the dollar? And why did markets, both equity ...

Published 29 Sep, 2022 05:54am

Opinion

We have met the enemy…

One would think that it couldn’t get any worse for a country overwhelmed by unprecedented political polarisation...

Published 22 Sep, 2022 05:48am

Opinion

No way around another recession?

This is turning out to be a sombre week for international markets as they digest the upside August inflation ...

Published 15 Sep, 2022 05:57am

Opinion

Sleepwalking into a nightmare

While the Pakistani press was too occupied with the latest storm unleashed by Imran Khan’s latest controversial...

Published 08 Sep, 2022 05:43am

Opinion

Elephant in the courtroom

The devastation from the floods has taken the shine off the resumption of the IMF (International Monetary Fund)...

Published 01 Sep, 2022 05:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 7	278.70
USD PKR Interbank Buying / Jan 7	278.50
USD to Japanese Yen / Jan 7	158.20
USD to Swiss Franc / Jan 7	0.91
Pound Sterling to USD / Jan 7	1.25
Euro to USD / Jan 7	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
India Sensex / Jan 7	77,947.47
Tokyo Nikkei / Jan 7	40,058.48
Nasdaq / Jan 7	19,489.68
Hang Seng / Jan 7	19,135.88
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57

Item	Value
Crude Oil USD/Barrel / Jan 7	74.56
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Gold Spot USD/Ounce / Jan 7	2,647.82
Cotton US¢/pound / Jan 7	68.37
Petrol/Litre / Jan 8	252.66

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 8 The Pakistan General Insurance Co. Ltd.(PKGI)	9.60 ▲ 0.97 (11.24%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)
Pakistan Cables / Jan 8 Pakistan Cables Limited(PCAL)	198.34 ▲ 18.03 (10.00%)
Masood Textile / Jan 8 Masood Textile Mills Limited(MSOT)	59.99 ▲ 5.45 (9.99%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.43 ▼ -1.90 (-10.96%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Baba Farid Sugar / Jan 8 Baba Farid Sugar Mills Limited(BAFS)	43.50 ▼ -4.75 (-9.84%)
F.Credit & Inv / Jan 8 First Credit and Investment Bank Limited(FCIBL)	7.52 ▼ -0.78 (-9.40%)
Sindh Abadgar / Jan 8 Sindh Abadgar's Sugar Mills Limited(SASML)	37.40 ▼ -3.85 (-9.33%)
Shahzad Tex. / Jan 8 Shahzad Textile Mills Limited(SZTM)	27.10 ▼ -2.77 (-9.27%)
TPL Life Insur. / Jan 8 TPL Life Insurance Limited(TPLL)	50.01 ▼ -4.56 (-8.36%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	80,583,371 ▲ 0.01
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.04
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▲ 0.07
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▲ 0.11
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 1.86
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▲ 0.95
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	23,513,012 ▲ 0.37
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▲ 0.11
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▲ 0.81

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