News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Inflation reading clocks in at 9.7% in June

The Consumer Price Index (CPI) clocked in at 9.7% on a year-on-year basis in June 2021 compared to 10.9% in the...

Published 01 Jul, 2021 05:56pm

Business & Finance

KSE-100 opens FY22 on a high, gains 445 points

Increase comes on back of approval of amended budget and high export numbers

Published 01 Jul, 2021 05:24pm

Business & Finance

Pakistan records highest export of goods in FY21

Monthly figures for June 2021 also register record
Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood congratulates exporters

Published 01 Jul, 2021 04:21pm

Business & Finance

Finland's 'major development financier' eyes investment in Pakistan's TPL Insurance

Finnfund, a major development financier of Finland, has expressed its intent to invest in TPL Insurance Limited, a...

Published 01 Jul, 2021 02:41pm

Business & Finance

SBP devises guidelines on dispute resolution mechanism for credit bureaus

The State Bank of Pakistan ( SBP) has developed guidelines on a dispute resolution mechanism for all the licensed...

Published 01 Jul, 2021 12:16pm

Pakistan

CAA slams foreign air carriers for 'overbooking'

Says blame of rescheduling/canceling flights rests solely on concerned foreign air carriers

Published 30 Jun, 2021 08:49pm

Business & Finance

PSX to form wholly-owned subsidiary for demerger of real estate

The Board of Directors of the Pakistan Stock Exchange (PSX) has decided to form a wholly-owned subsidiary namely...

Updated 30 Jun, 2021 02:43pm

Business & Finance

Gas crisis to be resolved in coming days, says SAPM on Power

Gauhar says re-gasification process would start soon

Updated 30 Jun, 2021 01:01pm

Business & Finance

KSE-100 breaks losing streak, ends 135 points higher

The KSE-100 managed to change its course as the index closed in the green zone during the trading session at the...

Published 29 Jun, 2021 09:28pm

Pakistan

National Assembly approves amended Finance Bill 2021

Finance Minister Shaukat Tarin says focus remains on agriculture sector
Roadmap made to lift 4 million households out of poverty, adds Tarin

Published 29 Jun, 2021 07:55pm

Business & Finance

Foreign investors repatriate $1.5b in Jul-May FY21

Foreign investors repatriated close to $1.5 billion on account of profit and dividend during the first eleven months...

Published 29 Jun, 2021 02:12pm

Pakistan

IHC orders removal of NBP President Arif Usmani

Was hearing petition filed against appointment of NBP official

Published 29 Jun, 2021 02:07pm

Business & Finance

World Bank approves $800m loan for power sector, human development programs

Funds will be used to finance the Pakistan Program for Affordable and Clean Energy (PACE) and the Second Securing Human Investments to Foster Transformation

Published 29 Jun, 2021 01:47pm

Business & Finance

Economic rebound to continue, says finance ministry

Current account balance is expected to show a deficit of around $0.5 billion by the end of the current fiscal year, states Monthly Economic Update & Outlook June 2021

Published 29 Jun, 2021 01:38pm

Business & Finance

Pakistan to launch collateral-free financing for SMEs: SBP governor

Dr Reza Baqir says lending will be on basis of cash flows rather than collateral

Published 28 Jun, 2021 04:15pm

Business & Finance

IMF's new SDR allocation could bolster Pakistan's forex reserves by $2.8 billion: Fitch

IMF's board of governors expected to approve allocation in August

Published 28 Jun, 2021 02:30pm

Business & Finance

E-banking transactions increase 31% year-on-year during Jan-Mar: SBP

Says customers performed 309.5 million e-banking transactions in three-month period, up 31% by volume and 29% by value year-on-year

Updated 28 Jun, 2021 03:44pm

Business & Finance

Pakistan, World Bank sign $442m for Punjab's water supply, sanitation

Amount was approved last week
Minister for Economic Affairs Omar Ayub Khan says project is aimed at investing in people and improve living standards

Published 26 Jun, 2021 05:08pm

Business & Finance

Any other country would have long been out of grey list: Tarin

Finance minister says Pakistan is trapped in geopolitics

Updated 26 Jun, 2021 06:15pm

Business & Finance

Current account posts massive $632m deficit in May 2021

This is the highest monthly deficit since December 2019

Updated 25 Jun, 2021 08:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
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 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

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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