News stories for Nasir Ahmed - Business Recorder

Nasir Ahmed

Business & Finance

Speeding asset prices meet oncoming savings juggernaut

LONDON: If global population ageing is the real mega-trend steering modern financial markets, don't get too used to

Published 04 Mar, 2015 08:20am

Markets

FTSE 100 index is opening up 10 to 11 points

LONDON: Britain's FTSE 100 index is seen opening up 10 to 11 points, or 0.2 percent higher on Wednesday, according t

Published 04 Mar, 2015 08:12am

Business & Finance

Orascom Construction Ltd offers 11pc of shares on Cairo bourse

CAIRO: Limited said on Wednesday it was offering 11 percent of its shares on the Cairo bourse at 108.71 Egyptian pounds

Published 04 Mar, 2015 08:06am

Business & Finance

Toyota promotes foreigners, including woman, to top posts

TOKYO: Toyota Motor Corp said on Wednesday it will promote two foreigners to senior posts - one marking the first woman

Published 04 Mar, 2015 08:00am

Business & Finance

Poland's No.1 web portal Wp.pl eyes $80.5mn

WARSAW: Poland's leading web portal, Wp.pl, plans to debut on the Warsaw bourse with an initial public offering (IPO

Published 04 Mar, 2015 07:56am

Markets

Shares set to halt pull-back ahead of PMIs

PARIS: European stocks were set to inch up on Wednesday, halting the previous session's pull-back as investors await

Published 04 Mar, 2015 07:46am

Business & Finance

Lean times at mining's annual conference

TORONTO: When the world's miners head for Toronto each year to attend their industry's annual conference, they a

Published 04 Mar, 2015 07:40am

Markets

Asian shares drift lower, India surprises with rate cut

TOKYO: Asian shares fell on Wednesday as investors grew cautious before upcoming central bank meetings and US jobs data,

Published 04 Mar, 2015 07:27am

Markets

Gulf markets edge down; Etisalat, Aramex support UAE

DUBAI: Gulf stock markets edged down in early trade on Wednesday after a mixed set of corporate news did little to boost

Published 04 Mar, 2015 07:20am

Markets

Europe Factors to Watch-Shares set to halt pull-back ahead of PMIs

PARIS: European stocks were set to inch up on Wednesday, halting the previous session's pull-back as investors await

Published 04 Mar, 2015 07:15am

Business & Finance

Rising Singapore interest rates sting mortgage borrowers

SINGAPORE: The era of ultra-easy money is drawing to an end for Singapore mortgage holders, with domestic interest rates

Published 03 Mar, 2015 02:02pm

Business & Finance

Tunisia's El Wifack Leasing to convert to Islamic bank in Q3

MANAMA: Tunisia's El Wifack Leasing plans to become the country's third full-fledged Islamic bank by August and

Published 03 Mar, 2015 01:56pm

Business & Finance

Huawei plans big push to sell its phones, wearable devices in US

SAN FRANCISCO/BEIJING: Two years after US legislators branded it a national security threat, China's Huawei Technolo

Published 03 Mar, 2015 01:50pm

Business & Finance

India's Sun Pharma to buy Glaxo's opiates business in Australia

MUMBAI: Sun Pharmaceutical Industries Ltd, India's largest drug maker by sales, said on Tuesday it has agreed to buy

Published 03 Mar, 2015 01:20pm

Markets

South Korean won recoups early losses, shares extend 5-month high

SEOUL: The South Korean won firmed against the dollar on Tuesday, reversing losses after the Reserve Bank of Australia (

Published 03 Mar, 2015 01:12pm

Business & Finance

Canon CEO has ample funds, willingness for more M&A after Axis

TOKYO: Canon Inc Chief Executive Fujio Mitarai said the company had both the funds and willingness for more acquisitions

Published 03 Mar, 2015 01:08pm

Business & Finance

Cakra bids for Cokal in play for Indonesia coal project

MELBOURNE: Indonesian firm Cakra Mineral Tbk has offered at least A$70 million ($54 million) to take over Australian min

Published 03 Mar, 2015 01:02pm

Business & Finance

Merck KGaA sees slight increase in 2015

DARMSTADT: Germany's Merck KGaA said underlying core earnings would stagnate or grow only slightly this year as it s

Published 03 Mar, 2015 12:57pm

Markets

South Korea's commercial oil storage facility fully leased

SEOUL: South Korea's energy ministry said on Tuesday the country's 8.2 million barrels of commercial oil storage

Published 03 Mar, 2015 12:51pm

Markets

Nikkei falls on profit-taking; Sharp dives as it seeks aid

TOKYO: Japan's Nikkei share average edged down in choppy trade on Tuesday as investors took profits from recent gain

Published 03 Mar, 2015 11:41am

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
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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