News stories for Nasir Ahmed - Business Recorder

Nasir Ahmed

Business & Finance

Chinese insurer Anbang extends M&A drive with $1bn South Korea buy

SEOUL/BEIJING: China's Anbang Insurance Group is paying $1 billion to buy a controlling stake in South Korea's T

Published 17 Feb, 2015 10:02am

Business & Finance

William Demant in talks to buy French retailer Audika

COPENHAGEN: Danish hearing aid maker William Demant has opened talks to buy French retailer Audika in a deal that would

Published 17 Feb, 2015 09:52am

Business & Finance

Aldermore doubles profit, challenging big British banks

LONDON: British bank Aldermore said its pretax profit more than doubled in 2014 and its profit margin improved as it inc

Published 17 Feb, 2015 09:44am

Markets

Saudi Arabia gains as oil firms; Egypt slips

DUBAI: Saudi Arabia's stock market rose in early trade on Tuesday as oil prices resumed their rally, while Egypt edg

Published 17 Feb, 2015 09:35am

World

China banks buy yuan again in January, sign of capital outflows

BEIJING: China's central bank and commercial banks bought 108.3 billion yuan ($17.3 billion) worth of renminbi in Ja

Published 17 Feb, 2015 09:31am

Markets

Russia to export 2mn Tonnes of wheat in February-June

MOSCOW: Russia may export more than 2 million tonnes of wheat between February and June as traders have to fulfil previo

Published 16 Feb, 2015 10:47am

Markets

Australian wheat lowest in Iraq's 50,000 Tonnes wheat tender

HAMBURG: Australian wheat was offered lowest at $279.70 a tonne c&f free out (ciffo) in a tender from Iraq's sta

Published 16 Feb, 2015 10:41am

World

South Korea, Japan to let $10bn currency swap pact expire

SEOUL: South Korea and Japan have agreed to let a $10-billion currency swap agreement expire this month after 14 years,

Published 16 Feb, 2015 10:32am

Markets

Russia's March oil export duty seen down at $105.8/Tonnes

MOSCOW: Russia's oil export duty is expected to fall 6 percent to $105.8 per tonne in March, following lower oil pri

Published 16 Feb, 2015 10:16am

Business & Finance

Fitch Appoints Global Head of Islamic Finance Group

DUBAI/LONDON: Fitch Ratings today announces the appointment of Bashar Al Natoor as Global Head of Islamic Finance, based

Published 16 Feb, 2015 10:07am

Business & Finance

Puma expects more pain from volatile currencies

BERLIN: German sportswear firm Puma reported quarterly sales rose faster than expected but profitability disappointed an

Published 16 Feb, 2015 09:56am

Markets

Thailand sells around 500,000 tonnes of rice in tender, half its offer

BANGKOK: Top rice exporter Thailand sold less than 500,000 tonnes of rice in its latest tender; the Commerce Ministry sa

Published 16 Feb, 2015 09:38am

World

Turkish January budget surplus 3.8bn lira

ANKARA: The Turkish government budget showed a surplus of 3.8 billion lira ($1.55 billion) and a primary surplus of 8.8

Published 16 Feb, 2015 09:20am

Markets

Euro up but on edge before crunch meeting on Greece

TOKYO/SYDNEY: LONDON: The euro edged up on Monday ahead of a meeting of euro zone finance ministers that investors hope

Published 16 Feb, 2015 09:15am

Business & Finance

Japan's Fanuc doubles investment plan days after Third Point challenge

TOKYO: Industrial robot maker Fanuc Corp said on Monday it was doubling its planned investment in a new plant to 100 bil

Published 16 Feb, 2015 08:34am

Business & Finance

Budget carrier Citilink expects first profitable year in 2015

SINGAPORE: Budget airline Citilink, owned by PT Garuda Indonesia Tbk, is set to turn profitable this year, partly booste

Published 16 Feb, 2015 08:16am

Markets

Tokyo shares at 8-year top

SYDNEY: Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cau

Published 16 Feb, 2015 07:59am

World

US port strike pushes up freight rates with ships held up offshore

SINGAPORE: A US West Coast port strike is pushing up shipping freight rates as delays in offloading and taking on new ca

Published 16 Feb, 2015 07:48am

Business & Finance

Hyundai Motor to enter commercial vehicle market in US, Europe

SEOUL: South Korean automaker Hyundai Motor said on Monday that it plans to enter the commercial vehicle market in the U

Published 16 Feb, 2015 07:22am

Markets

Gold has bullish hopes, sobering current reality

LAUNCESTON: The price of gold appears caught in a holding pattern, stuck between what is actually happening to demand an

Published 16 Feb, 2015 07:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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