News stories for Absar Ali - Business Recorder

Absar Ali

Opinion

Smog: Who’s responsible?

Smog choking Pakistan’s major urban hubs is a tragedy that has been decades in the making, rooted in poor policy...

Updated 20 Nov, 2024 08:51am

Opinion

Bring back zero-rating

Should the government ensure implementation of sales tax at the point-of-sale, ~Rs 293 billion in tax revenue could...

Updated 13 Aug, 2024 07:51am

Opinion

Export ambitions vs economic realities

While the Government is seeking a 100% increase in exports over the next three years, maintaining even the current...

Published 23 Jul, 2024 07:05am

Opinion

Dancing on a volcano

Ten days into the new fiscal year, the FY25 budget is already in disarray. Amid calls for a nationwide strike, the...

Published 10 Jul, 2024 03:14am

Opinion

Give SMEs a chance

The turnover tax regime in Pakistan poses significant challenges for small and medium enterprises (SMEs), placing...

Published 07 Jun, 2024 06:24am

Opinion

Time to act: 9 cents/kWh

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Updated 15 May, 2024 06:28am

Opinion

Rising energy tariffs, sinking economy

Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent....

Published 25 Apr, 2024 03:05am

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Opinion

Wheeling charges: do or die

On Tuesday 28th November, power regulator Nepra will hold a public hearing on the Discos’ petitions to determine a...

Published 27 Nov, 2023 06:13am

Opinion

Export or perish

The fundamental problem of our economy is that balance of payments crises and a perpetual risk of default have ...

Updated 20 Nov, 2023 07:16am

Opinion

We just can’t compete

Distortions caused by a distraught policy landscape — from high energy costs to an industry-wide liquidity crisis...

Updated 14 Nov, 2023 05:44am

Opinion

On the edge of a precipice

The World Bank recently warned that Pakistan’s economy is on the edge of a precipice. Any more of the same will...

Published 16 Oct, 2023 05:47am

Opinion

Export sector: prohibitive energy costs

If the economy is to be stabilized, exports can no longer afford to pay for the energy sector’s failures and...

Published 03 Oct, 2023 06:02am

Opinion

Sales tax blues

Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its...

Published 11 Sep, 2023 06:32am

Opinion

Fiscal discipline key to reforms

Before Pakistan can embark on the long and tedious journey of structural reforms, fiscal discipline must be embraced...

Published 23 Aug, 2023 05:50am

Opinion

Exports collapsing under power sector burden

The fundamental premise upon which the foundations of modern-day economics stand is that resources are finite and...

Published 27 Jul, 2023 06:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	155.29
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 19	5,916.98
India Sensex / Nov 19	77,578.38
Nasdaq / Nov 19	18,987.47
Dow Jones / Nov 19	43,268.94
Tokyo Nikkei / Nov 20	38,283.04
Hang Seng / Nov 20	19,643.68
FTSE 100 / Nov 20	8,123.08
Germany DAX 30 / Nov 20	19,154.49

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 19	18,085
Gold 10 Grams PKR / Nov 19	234,482
Crude Oil USD/Barrel / Nov 20	69.39
Gold Spot USD/Ounce / Nov 20	2,629.88
Cotton US¢/pound / Nov 20	69.36
Petrol/Litre / Nov 21	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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