News stories for Omar Qureshi - Business Recorder

Omar Qureshi

Perspectives

Startups in Pakistan: where shutdowns kill competition

The past few quarters have proved to be horrendous for Pakistan’s startup sector with the country experiencing major...

Published 06 Jul, 2023 03:16pm

Markets

Shell Pakistan’s share price has soared over 24% in 3 days after parent company’s intent to sell

Business Recorder talks to market experts on reasons behind increase

Published 16 Jun, 2023 07:14pm

Perspectives

Netflix in flux: will its password crackdown strategy end in disaster?

The global streaming industry experienced its golden era three years ago when Covid gripped the world and all...

Published 03 Jun, 2023 01:18pm

Perspectives

Cybersecurity: navigating digital privacy in a data driven world

As digitalisation accelerates throughout the world, it is no secret that we now live in a highly data driven world....

Published 19 May, 2023 05:45pm

Pakistan

Govt unaware of true extent of ongoing economic crisis: Miftah Ismail

Pakistan has always managed to avert issues and this is why the current plight is being treated 'like any other', says former finance minister

Updated 18 May, 2023 07:15pm

Markets

Component-wise breakdown of petrol price in Pakistan

Decrease in rate due to decline in ex-refinery price

Published 16 May, 2023 07:16pm

Perspectives

Tech growth under threat in Pakistan due to inflation

Inflation has hit every segment of Pakistan’s society and all income groups of the population are scrambling to cope...

Published 15 Apr, 2023 09:57pm

Perspectives

Exponential growth of AI: need for global regulations to keep misuse in check

The past few months have been all about the rise and popularity of Artificial Intelligence (AI) and lately, people...

Updated 04 Apr, 2023 02:12am

Perspectives

Inevitable rise of AI: opportunity more than a threat

As technology hits new peaks every day, it is becoming increasingly difficult not to incorporate it in our daily lives

Published 16 Mar, 2023 08:31pm

Perspectives

Lagging behind in 'internet of things' race

Day after day, digitalisation is increasing all across the world and people are quick to adopt to it. Among other...

Published 20 Feb, 2023 07:21pm

Pakistan

ChatGPT will transform edtech, educational content creation, say experts at KLF

Panel discussion stresses on need to incorporate AI in curriculums for win-win results

Published 18 Feb, 2023 10:52pm

Markets

Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes

Experts believe LC issue will be resolved, inflation along with remittances to increase in short term

Updated 27 Jan, 2023 07:04pm

Business & Finance

Interest rate in 2022: climbing the hill as Pakistan's macroeconomic concerns bite

Policy rate rose from 9.75% in January to a multi-decade high of 16% in November

Updated 29 Dec, 2022 12:02am

Perspectives

Twitter in trial and error mode: bumpy road ahead for social media?

Recent back-to-back ordeals faced by Twitter following its acquisition by Elon Musk have proven to be a lesson for...

Published 27 Nov, 2022 05:38pm

Perspectives

Twitter acquisition: $8 here, $8 there

The global technological ecosystem was shook once again as Elon Musk, the new owner of Twitter, announced major...

Updated 07 Nov, 2022 10:11pm

Markets

Component-wise breakdown of petrol price in Pakistan

Petroleum development levy at its highest, OMC margin to be reviewed

Published 01 Nov, 2022 08:07pm

Perspectives

Ads included: welcome to the future of streaming

The current global economic climate poses a difficult time for all and the technology sector is no exception. While...

Published 22 Oct, 2022 07:16pm

Markets

Inflation reading falls slightly in September, clocks in at 23.2%

Decline driven by relief in fuel charges adjustment in electricity bills, say analysts

Updated 01 Oct, 2022 07:29pm

Perspectives

Metaverse: a new world of opportunities and challenges

Social media is all set to take the leap onto the next level and upgrade itself in a bid to give users a deeper...

Published 25 Sep, 2022 03:49pm

Markets

Rupee trading in range of 230-232 in open market as spread with inter-bank widens

Smuggling, low availability of dollar for importers widening gap, say currency dealers

Updated 05 Sep, 2022 08:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	155.22
USD to Swiss Franc / Dec 18	0.90
Pound Sterling to USD / Dec 18	1.26
Euro to USD / Dec 18	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
India Sensex / Dec 18	79,372.61
Tokyo Nikkei / Dec 18	38,741.83
Nasdaq / Dec 18	19,392.69
Hang Seng / Dec 18	19,666.12
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57

Item	Value
Crude Oil USD/Barrel / Dec 18	70.19
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Gold Spot USD/Ounce / Dec 18	2,609.22
Cotton US¢/pound / Dec 18	68.06
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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