News stories for Bilal Hussain

Bilal Hussain

Business & Finance

NBFC sector sees 35.9% asset growth in FY23: SECP

The collective asset base of the Non-Banking Finance Companies (NBFC) sector stood at Rs2.87 trillion as of June 20,...

Published 06 Dec, 2023 10:05pm

Business & Finance

ABAD rejects increase in property valuation rates

Says property prices have dropped by 40% approximately and increasing valuation doesn’t make sense amid economic crisis

Published 06 Dec, 2023 08:29pm

Business & Finance

Indus Motor Company lines-off Pakistan’s first 1800cc hybrid EV

Indus Motor Company (IMC) lined-off the 4th generation Toyota Corolla Cross Hybrid Electric Vehicle (HEV) at a...

Published 06 Dec, 2023 07:10pm

Perspectives

Can Pakistan boost its IT exports to $25 billion in a few years?

Think of a billion-dollar number and there is a chance that some IT minister or even a prime minister will have...

Published 30 Nov, 2023 04:41pm

Business & Finance

Atlas Honda tests the waters with electric scooter called ‘BENLY e’ in Pakistan

Displays new line during soft launch in Sheikhupura

Published 28 Nov, 2023 06:50pm

Business & Finance

Regulate quality of medicines, not prices, top Pharma Bureau official advises govt

Executive Director Pharma Bureau Ayesha Tammy Haque has advised the government to do away with price regulation,...

Published 22 Nov, 2023 08:25pm

Technology

EVs’ manufacturing licenses: two, three wheelers take front seat in Pakistan

A four-wheel EV manufacturer yet to approach govt for license under EV policy

Updated 17 Nov, 2023 10:11pm

Perspectives

Busting myths: is Pakistan replete with tech talent?

In 2014, Pakistan came third – perhaps for the first time ever, in a global football event – the Street Child...

Updated 17 Nov, 2023 11:59pm

Business & Finance

Restructuring of FBR: Customs to be separated from revenue collection mechanism, says Dr Shamshad

Notification expected next week

Published 16 Nov, 2023 10:58pm

Markets

Daewoo Express plans to introduce 200 inter-city electric buses in Pakistan

Another 1,000 EV rickshaws plan for Karachi and Lahore on cards

Updated 17 Nov, 2023 01:19pm

Business & Finance

ABAD says UAE-based firms willing to invest billions in Pakistan’s real estate

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) has stated that the United Arab Emirates...

Published 10 Nov, 2023 09:59pm

Pakistan

‘Contrary to popular belief, Pakistan among our best-performing markets’

A top official at financial institution GuarantCo says company’s model can help Pakistan develop infrastructure

Published 08 Nov, 2023 07:00am

Business & Finance

EDB invites mobile phone makers for policy consultation

The Engineering Development Board (EDB) has called authorised mobile phone manufacturers on November 10 for...

Published 07 Nov, 2023 08:21pm

World

Climate change: reducing emissions isn’t enough, world needs to decarbonise as well, says Zoe Lofgren

The world is doing worse than scientists predicted as climate change disruption is inevitable unless countries are...

Published 07 Nov, 2023 05:55pm

Pakistan

Why invest in Pakistan: panelists look for answers, but more questions spring up

A seasoned international technology investor, Sameer Chishty, who has recently become Chairman and CEO of Bol...

Published 06 Nov, 2023 09:02pm

Business & Finance

Made-in-Pakistan: Alsons Group at final hurdle of ‘cost-effective’ ventilators

Ventilator, to be sold at around one-third of the price of comparable imported unit, now awaiting approval from DRAP

Published 02 Nov, 2023 09:05pm

Business & Finance

EDB official says import quotas for new auto companies opened

Asim Ayaz, General Manager Policy at Pakistan’s Engineering Development Board (EDB), said on Saturday that quotas...

Updated 29 Oct, 2023 10:55pm

Business & Finance

Auto part makers call for tax cut on local vehicles to boost manufacturing

The country’s auto part makers have asked the government to reduce taxes on the auto sector to boost localisation....

Published 27 Oct, 2023 10:44pm

Business & Finance

PAAPAM members say ‘significant’ import substitution, exports possible in Pakistan

KARACHI: Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) officials believe...

Updated 26 Oct, 2023 10:08pm

Business & Finance

Govt, auto sector appear ‘close to resolving manufacturing certificate’ issue

OEMs' licence expired at the end of September, and has not yet been renewed due to companies missing the 2% export target in FY23

Published 26 Oct, 2023 06:50am

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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