News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Lucky Motor announces agreement for production of Samsung-branded mobile devices in Pakistan

Has also initiated process of seeking necessary regulatory approvals to carry on the said business and filed an application with PTA for securing the licence

Published 16 Jul, 2021 03:42pm

Business & Finance

ECC has approved financial setoff mechanism for govt-owned IPPs: Hammad Azhar

Minister for Energy says this will reduce circular debt by Rs116 billion

Published 16 Jul, 2021 02:19pm

Business & Finance

Joint Cooperation Committee meeting on CPEC postponed

Was scheduled to be held on July 16
CPEC Authority Chairman Lieutenant General (retd) Asim Saleem Bajwa says new date to be announced after being finalised

Published 16 Jul, 2021 01:24pm

Markets

KSE-100 gains 137 points, finishes at 47,628

The KSE-100 finished with a gain of 137 points on Thursday, a welcome relief for investors that saw the benchmark...

Published 15 Jul, 2021 05:55pm

Business & Finance

Pakistan, Uzbekistan negotiations on PTA to be completed in two months: BOI secretary

Mazhar says feedback from businesses is very positive

Published 15 Jul, 2021 03:49pm

Pakistan

Peace in Afghanistan crucial for regional connectivity: PM Imran

Stresses on Trans Afghan Rail Project as important component of increasing trade among Central Asian states
While addressing Uzbekistan-Pakistan Business Forum, prime minister says both countries keen on expanding business and trade ties

Updated 15 Jul, 2021 02:26pm

Business & Finance

SBP's foreign exchange reserves soar to $18.2 billion, highest since January 2017

The State Bank of Pakistan (SBP) on Wednesday said that it has received $1 billion inflows against issuance of the...

Published 14 Jul, 2021 06:24pm

Markets

KSE-100 ends flat again amid range-bound trading

Cautious trading persisted as the benchmark KSE-100 Index ended almost flat for the second consecutive day on...

Published 14 Jul, 2021 05:53pm

Business & Finance

Cuba offers to establish vaccine production facility in Pakistan

In a major development for Pakistan in its efforts to enhance its pharmaceutical industry, the Republic of Cuba has...

Published 14 Jul, 2021 04:06pm

Business & Finance

Signing of trade agreements with Uzbekistan to boost Pakistani goods, says Dawood

Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood said that the signing of Transit and...

Published 14 Jul, 2021 03:02pm

Business & Finance

‘Kamyab Pakistan’ program to be launched on July 29

The government has decided to launch the "Kamyab Pakistan" program on July 29, an initiative that offers a multitude...

Published 14 Jul, 2021 02:42pm

Business & Finance

Investors remain cautious as KSE-100 Index ends 33 points higher

Investors remained cautious as the KSE-100 Index remained in a narrow range, ending almost flat on Tuesday with...

Published 13 Jul, 2021 05:27pm

Business & Finance

Bank deposits show double-digit growth in FY21: report

Pace of increase fastest in 14 years, says Topline Securities

Published 13 Jul, 2021 05:01pm

Business & Finance

Tax levy on calls exceeding five minutes unlikely to be implemented: Jazz CEO

Says there are difficulties around its implementation
Users will just adapt and end calls before the 5 minutes are over, adds Aamir Ibrahim

Updated 13 Jul, 2021 03:53pm

Business & Finance

Pakistan's remittances reach historic high of $29.4 billion in FY21

Post 27% year-on-year increase with inflows dominated by remittances from Saudi Arabia, UAE, UK, and US

Updated 13 Jul, 2021 01:14pm

Markets

Investors remain tepid as KSE-100 loses another 116 points

Index settles at 47,447, a drop of 0.24%

Updated 12 Jul, 2021 06:47pm

Business & Finance

FBR to give duty drawback on export of sports goods

In a bid to promote the sports industry and increase revenue from foreign shipments, the federal government has...

Published 12 Jul, 2021 03:13pm

Business & Finance

Experts call for pragmatic yet ambitious industrial policy for Pakistan's economic growth

Stress on innovation and role of SOEs during online session organised by IPR

Published 10 Jul, 2021 06:52pm

Business & Finance

Pakistan's garment workers lost over Rs13.5 billion in ‘wage theft’ during Covid-19: report

Asia Floor Wage Alliance cites survey of 50 factories, 605 workers

Updated 09 Jul, 2021 10:21pm

Business & Finance

Islamic Banking Industry: Assets, deposits show double-digit growth

The Islamic Banking Industry continued to show impressive gains as its overall assets and deposits achieved year on...

Published 09 Jul, 2021 06:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
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
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

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%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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