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 / Jan 10	278.60
USD PKR Interbank Buying / Jan 10	278.40
USD to Japanese Yen / Jan 10	158.39
USD to Swiss Franc / Jan 10	0.91
Pound Sterling to USD / Jan 10	1.23
Euro to USD / Jan 10	1.03

Stock	Volume
S&P 500 / Jan 9	5,918.25
Nasdaq / Jan 9	19,478.88
Dow Jones / Jan 9	42,635.20
India Sensex / Jan 10	77,645.98
Tokyo Nikkei / Jan 10	39,265.97
Hang Seng / Jan 10	19,069.63
FTSE 100 / Jan 10	8,317.44
Germany DAX 30 / Jan 10	20,333.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 9	18,785
Gold 10 Grams PKR / Jan 9	237,483
Petrol/Litre / Jan 10	252.66
Crude Oil USD/Barrel / Jan 10	74.32
Gold Spot USD/Ounce / Jan 10	2,674.40
Diesel/Litre / Jan 10	258.34

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Jan 10 Unicap Modaraba(UCAPM)	3.50 ▲ 0.63 (21.95%)
Chenab Ltd (Pref) / Jan 10 Chenab Limited (Pref)(CLCPS)	3.89 ▲ 0.49 (14.41%)
Dewan Sugar / Jan 10 Dewan Sugar Mills Limited(DWSM)	6.85 ▲ 0.75 (12.30%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.70 ▲ 0.92 (11.83%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Dewan Farooque Sp. / Jan 10 Dewan Farooque Spinning Mills Limited(DFSM)	4.48 ▲ 0.41 (10.07%)
Cresent Jute / Jan 10 Crescent Jute Products Limited(CJPL)	5.49 ▲ 0.50 (10.02%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)

Stock	Price
Habib Sugar / Jan 10 Habib Sugar Mills Limited(HABSM)	71.10 ▼ -9.33 (-11.60%)
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.41 ▼ -6.14 (-9.98%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)
PIA Holding Co.B / Jan 10 PIA Holding Company Limited B(PIAHCLB)	824 ▼ -88.39 (-9.69%)
Idrees Tex. / Jan 10 Idrees Textile Mills Limited(IDRT)	14.09 ▼ -1.51 (-9.68%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▲ 0.00
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▲ 0.04
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▼ -0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	25,945,545 ▲ 0.15
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.33
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.26
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.04
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	14,530,119 ▼ -4.88
Telecard Limited / Jan 10 Telecard Limited(TELE)	13,170,256 ▲ 0.06

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