News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Technology

Pakistan's startups in 2021: $350mn raised across 81 deals

Pakistan’s startup sector witnessed the best year in 2021, as 81 deals worth $350 million were made, according to ...

Updated 04 Jan, 2022 05:31pm

Markets

Pakistan Rupee sees one of its worst years in 2021

Currency has lost a cumulative 38% in the last 4 years

Published 01 Jan, 2022 09:00pm

Markets

December: Inflation reading comes in at 12.3%, highest in 22 months

In Nov, CPI was reported at 11.5%

Updated 01 Jan, 2022 06:03pm

Markets

Arif Habib Limited expects KSE-100 to make history next year

In its strategy report for 2022, brokerage house says KSE-100 could hit 55,000

Updated 24 Dec, 2021 07:50pm

Business & Finance

Auto financing in Pakistan reaches Rs349bn, but growth slows

Auto financing in Pakistan maintained its upwards trajectory, reaching an all-time high at Rs349 billion in November...

Published 21 Dec, 2021 05:34pm

Markets

November: Pakistan's electricity generation cost up 85% year-on-year

The cost of generating electricity has increased close to 85% in just one year, going up to Rs6.32 kWh in November...

Published 20 Dec, 2021 01:58pm

Markets

Over 7.2mn bales of cotton reach ginneries, up 44% YoY: PCGA

Cotton arrival in Pakistan picked up pace, increasing 44%, showed latest data released by the Pakistan Cotton...

Published 18 Dec, 2021 01:58pm

Markets

5MFY22: Pakistan's petroleum group imports increase massive 112%

Clock in at $8.38 billion during July-November 2021

Published 17 Dec, 2021 08:39pm

Markets

July-November: FDI up 12% year-on-year, clocks in at $798 million

On a monthly basis, FDI drops 39% in November 2021

Published 17 Dec, 2021 02:55pm

Markets

Interest rate hike in line with expectations, to reduce uncertainty: experts

Say latest announcement will be reflected positively in equity and money markets

Published 14 Dec, 2021 07:27pm

Markets

Roshan Digital Account: Inflows climb above $2.9bn in November this year

State Bank of Pakistan says 299,676 accounts have been opened so far from across 175 countries

Updated 09 Dec, 2021 03:25pm

Markets

Market anticipates another major hike in policy rate

State Bank of Pakistan's latest Monetary Policy Committee is scheduled to meet on December 14

Published 09 Dec, 2021 01:13pm

Markets

7.2mn bales of cotton reach ginneries, up 54% YoY: PCGA

Cotton arrival in Pakistan increased 54% year-on-year, showed the latest fortnightly data released by the Pakistan...

Published 03 Dec, 2021 01:32pm

Markets

Raising funding: TPL Properties gets SECP nod

In a major development for the real estate sector, TPL Properties Limited (TPLP) Wednesday announced that the...

Published 01 Dec, 2021 01:36pm

Markets

Pakistan’s REER declines in October as trade competitiveness improves

The Real Effective Exchange Rate (REER) of Pakistan, a measure of the value of a currency against a weighted average...

Updated 26 Nov, 2021 11:25pm

Markets

Pakistan’s recent policy measures to curtail rising external risks: Fitch

Says Pakistan’s current-account deficit in the ongoing fiscal year is set to be wider than previous forecast of 2.2% of GDP

Published 24 Nov, 2021 07:40pm

Business & Finance

Chery SUVs to be launched this financial year, says Ghandhara Nissan

In notice to PSX, company says it is currently engaged in pre-launch task of the project

Updated 23 Nov, 2021 06:27pm

Business & Finance

Monetary policy: Experts say rate hike higher than expected

Market expected interest-rate increase of up to 100 basis points

Updated 19 Nov, 2021 09:20pm

Markets

Over 6.8mn bales of cotton reach ginneries, up 70 YoY: PCGA

Cotton arrival in Pakistan increased by 70% year-on-year, showed the latest fortnightly data released by the ...

Published 18 Nov, 2021 01:57pm

Markets

Reclassification: MSCI adds three Pakistani securities to Frontier Markets Index

Development comes as Pakistan was downgraded from emerging market status earlier

Updated 12 Nov, 2021 05:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 29	278.93
USD PKR Interbank Buying / Jan 29	278.73
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,557.81
Dow Jones / Jan 29	44,713.52
Germany DAX 30 / Jan 29	21,637.53
France CAC40 / Jan 29	7,872.48
India Sensex / Jan 30	76,776.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	3.88 ▲ 0.39 (11.17%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
MithchellsFruit / Jan 30 Mitchells Fruit Farms Limited(MFFL)	274.36 ▲ 24.94 (10%)
Loads Limited / Jan 30 Loads Limited(LOADS)	18.92 ▲ 1.72 (10%)
J.K.Spinning / Jan 30 J.K. Spinning Mills Limited(JKSM)	63.80 ▲ 5.8 (10%)
Sanghar Sugar / Jan 30 Sanghar Sugar Mills Limited(SANSM)	33.76 ▲ 3.07 (10%)
Leather Up Ltd. / Jan 30 Leather Up Limited(LEUL)	48.85 ▲ 4.44 (10%)
Supernet Ltd. / Jan 30 Supernet Limited (GEM)(GEMSPNL)	21.78 ▲ 1.98 (10%)

Stock	Price
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Premier Sugar / Jan 30 The Premier Sugar Mills(PMRS)	359.58 ▼ -39.95 (-10%)
Pak Gen.Ins. / Jan 30 The Pakistan General Insurance Co. Ltd.(PKGI)	7.65 ▼ -0.84 (-9.89%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.52 ▼ -1.22 (-8.28%)
First Fid. Leasing / Jan 30 First Fidelity Leasing Modaraba(FFLM)	2.11 ▼ -0.19 (-8.26%)
Khairpur Sug. / Jan 30 Khairpur Sugar Mills Limited(KPUS)	121.13 ▼ -8.86 (-6.82%)
Shahmurad Sugar / Jan 30 Shahmurad Sugar Mills Limited(SHSML)	374 ▼ -24.7 (-6.2%)
Pak Synthetics / Jan 30 Pakistan Synthetics Limited(PSYL)	37.51 ▼ -1.99 (-5.04%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.34 ▼ -0.46 (-4.69%)

Stock	Volume
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.06
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.02
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 0.77
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.98
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.01
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	15,998,837 ▲ 0.33
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	13,320,993 ▲ 0.39
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▼ -0.05
Fauji Foods Ltd / Jan 30 Fauji Foods Limited(FFL)	12,818,739 ▲ 0.07

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