News stories for Bilal Hussain

Bilal Hussain

Pakistan

Inflation woes have taken the shine off Pakistan’s Eid festivities

Mohammad Rizwan, a vendor selling children and women’s clothing off a side street from the main Tariq Road in...

Updated 09 Apr, 2024 10:12pm

Business & Finance

CCP to analyse Pakistan’s insurance sector under IMF’s PIMA framework

The Competition Commission of Pakistan (CCP) has initiated a comprehensive competition assessment of the insurance...

Published 08 Apr, 2024 08:32pm

Business & Finance

PRL, Air Link withdraw intention to buy 77.42% shares, control of Shell Pakistan

Pakistan Refinery Limited (PRL) and Air Link Communication Limited (Air Link) have announced their withdrawal from...

Updated 03 Apr, 2024 10:34pm

Business & Finance

CCP issues showcause notices to six fertiliser firms

The Competition Commission of Pakistan (CCP) has issued showcause notices to the Fertilizer Manufacturers of...

Published 02 Apr, 2024 05:42pm

Technology

Experts hail Chinese EV giant BYD’s entry to Pakistan market

Chinese electric vehicle (EV) giant BYD revealed its plan to enter the Pakistan market and industry experts see it...

Published 29 Mar, 2024 11:00pm

Pakistan

Pakistan ‘well positioned’ to leverage $949bn global carbon market but challenges aplenty

Experts say clarity of policy and ensuring benefits reach communities affected by climate change of utmost importance

Published 27 Mar, 2024 04:32pm

Business & Finance

After launching hybrid, Indus Motor introduces cheaper, petrol variants of Corolla Cross

Gasoline vehicles priced at Rs8.199mn and Rs8.899mn

Updated 22 Mar, 2024 09:53pm

Business & Finance

CCP greenlights merger of TPL Life Insurance with Dar Es Salaam Textile Mills

The Competition Commission of Pakistan (CCP) has approved merger of TPL Life Insurance Limited with Dar Es Salaam...

Published 21 Mar, 2024 08:35pm

Pakistan

Shortage continues unabated: Need for promoting local production of insulin stressed

KARACHI: Experts said Pakistan will have to achieve local production of insulin to resolve its shortage, stressing...

Updated 21 Mar, 2024 10:21am

Business & Finance

Senior PIA official confident EASA will lift ban this year

A senior official at Pakistan International Airlines (PIA) is hopeful that flights to Europe and the UK will resume...

Updated 19 Mar, 2024 09:48am

Business & Finance

After Indus Motor, Honda Atlas reduces City’s prices in Pakistan

Honda Atlas Cars announced on Friday a price reduction of up to Rs140,000 on two of its City variants on Friday,...

Updated 15 Mar, 2024 08:02pm

Business & Finance

Dutch company acquires Pakistani microfinance bank, CCP approves acquisition

Dutch-based holding company MNT–Halan Pak B.V. has successfully acquired Advans Pakistan Microfinance Bank Limited,...

Published 14 Mar, 2024 07:35pm

Business & Finance

Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000

Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris...

Updated 14 Mar, 2024 09:23pm

Perspectives

Never has an economic roadmap been more important in Pakistan

It was in June 2022 that Pakistan’s CPI-based inflation figure topped 20%. It has since then stood stubbornly at...

Updated 13 Mar, 2024 12:18pm

Markets

Car sales in Pakistan surge 57% YoY in February

However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units

Updated 12 Mar, 2024 10:35pm

Business & Finance

inDrive’s optimism: eyeing opportunities in Pakistan’s challenging environment

Whether grappling with political turmoil, inflation, or exchange rate issues, Daniil Petin, Vice President of...

Published 08 Mar, 2024 07:29pm

Technology

Add $6 trillion to global GDP by including women in economy: US venture capitalist

Women’s participation in the workforce could add a whopping $6 trillion to global GDP, helping not only product...

Published 07 Mar, 2024 08:00pm

Business & Finance

CCP warns social media influencers against deceptive marketing practices, vows strict action

The Competition Commission of Pakistan (CCP) has warned social media influencers and endorsers against engaging in...

Published 07 Mar, 2024 07:22pm

Business & Finance

Can ride-hailing, logistics and delivery companies lead an EV revolution in Pakistan?

KARACHI: Pakistan is seeing a massive surge in intent and efforts when it comes to adopting electric vehicles (EV),...

Published 05 Mar, 2024 08:21pm

Business & Finance

KIA decreases Sportage prices in Pakistan

Low demand, competition from Corolla Cross seen as reasons for decrease in price

Published 04 Mar, 2024 05:57pm

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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