News stories for Bilal Hussain

Bilal Hussain

Business & Finance

Prospective PIA bid: Arif Habib says amount should go into core company as capital

KARACHI: Arif Habib, chief executive of the group that is one of the six entities which pre-qualified for the...

Published 06 Jun, 2024 03:09am

Business & Finance

‘Protect local auto industry’: Indus Motor CEO wants higher duties, taxes on import of used cars

Ali Asghar Jamali, Chief Executive Officer of Indus Motor Company (IMC) that assembles/manufactures Toyota-brand...

Published 06 Jun, 2024 12:01am

Markets

Amid funding crunch, solar companies are being offered a door at PSX

KARACHI: On top of uncertainty around the government’s consideration to cut buyback rates, adoption of solar power...

Updated 27 May, 2024 11:34am

Perspectives

Net-metering: turning up the heat on Pakistani people instead of IPPs

As usual, Pakistan finds itself caught in a quagmire when it comes to its energy policy. Never mind that it added...

Published 23 May, 2024 08:39pm

World

Pakistan’s IT cos like incorporating in Dubai: ease of payments is just one of many reasons

Dubai’s appeal as the preferred destination for Pakistan’s software companies has a lot to do with the streamlined...

Updated 22 May, 2024 09:31am

Business & Finance

Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’

KARACHI: Pakistan’s pharmaceutical sector can increase its exports to $3 billion over the next five years, provided...

Published 17 May, 2024 05:50am

Business & Finance

Dubai’s AI blueprint can be ‘roadmap for wider region’

Dubai has recently unveiled a strategy for Artificial Intelligence (AI), an annual initiative aimed at leveraging...

Updated 16 May, 2024 07:05am

Business & Finance

CAA says news of resumption of flights to Europe premature

Says delegation left for Brussels on May 12 to attend forthcoming meeting of Air Safety Committee

Updated 13 May, 2024 09:14pm

Markets

Govt’s balancing act: incentivise solar, but not too much?

KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –...

Updated 10 May, 2024 09:51am

Business & Finance

Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan

Master Changan Motors Limited (MCML) is set to introduce its first pure electric vehicle brand in Pakistan – Deepal...

Published 06 May, 2024 11:28am

Markets

LMC says ‘fully booked’ for KIA Stonic deliveries until September 2024

Lucky Motor Corporation (LMC), the assembler and seller of KIA cars in Pakistan, has announced that it is “fully...

Published 02 May, 2024 09:01pm

Business & Finance

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

Business & Finance

KIA Pakistan announces massive Rs1.5mn price drop for Stonic EX+

In what the company called a “celebratory limited-time offer”, Lucky Motor Corporation on Monday announced a massive...

Published 29 Apr, 2024 07:36pm

Pakistan

Pakistan Digital City Haripur to be KP’s first IT-focused technology zone

Project is expected to become functional in 2026 and generate $25-50 million in exports annually

Updated 26 Apr, 2024 09:26pm

Markets

PSX formally marks listing of Mahaana Islamic Index ETF in gong ceremony

KARACHI: The Pakistan Stock Exchange (PSX) hosted a gong ceremony to celebrate the listing of the Mahaana Islamic...

Published 23 Apr, 2024 09:10pm

Markets

Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?

Regulator, which issued a press release last week detailing its account of the complaint, had not named the entity or the individuals involved

Published 23 Apr, 2024 06:00am

Business & Finance

Wilmar Pakistan, three others get CCP’s nod to acquire 23.20% stake in Unity Foods

The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 23.20% shareholding in...

Published 22 Apr, 2024 09:19pm

Business & Finance

Boosting Pakistan’s pharmaceutical exports: learning from India’s success

KARACHI: Recent research has highlighted the massive gap between Pakistan’s potential to export and the value it...

Updated 22 Apr, 2024 08:23pm

Business & Finance

Pakistan car sales drop 3% MoM in March

Pakistan car sales in March totaled 9,379 units, reflecting 3% decrease compared to the previous month and 1%...

Updated 18 Apr, 2024 03:57pm

Markets

Record high: gold continues to shine, reaches Rs251,900 per tola in Pakistan

Gold continued its merry run on Wednesday, crossing Rs250,000 per tola mark for the first time in Pakistan as a...

Updated 17 Apr, 2024 09:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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