News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

KSE-100 loses 359 points as FATF concern keeps investors jittery

Ends near 47,600 as MSCI's announcement and FATF's decision take toll on investor sentiment

Published 25 Jun, 2021 06:30pm

Business & Finance

FATF to announce future course of action on Pakistan today

Plenary session will consider report of Asia-Pacific Group

Updated 25 Jun, 2021 10:56pm

Business & Finance

MSCI to begin consultation on proposal to downgrade Pakistan

Announces launch of consultation process for potential downgrade of MSCI Pakistan Index from Emerging Markets to Frontier Markets status
Seeks feedback from market participants on this reclassification proposal until August 31, 2021

Updated 25 Jun, 2021 01:57pm

Business & Finance

Pakistan's E&P consortium to incorporate special purpose vehicle

Consortium shall incorporate a company in Abu Dhabi Global Market or Pakistan, says notice to PSX

Published 24 Jun, 2021 06:00pm

Business & Finance

KSE-100 Index breaks three-day losing streak

Ends 62 points higher but stays below 48,000

Published 24 Jun, 2021 05:16pm

Business & Finance

Cherat Cement approves Rs34b greenfield plant in KP

Cement plant to have capacity of 11,000 tons per day

Published 24 Jun, 2021 03:55pm

Pakistan

PIA to induct four aircraft into its fleet

Will lease plane for six years, and replace two old Boeing 777s
First Airbus 320 is likely to arrive in Pakistan in mid-July

Published 24 Jun, 2021 12:54pm

Business & Finance

PABC's IPO oversubscribed as hungry investors take price to Rs49

Bids for 233 million shares made against offer of 93.8 million

Published 23 Jun, 2021 06:18pm

Business & Finance

KSE-100 declines for third successive session

Falls to 47,900.7 as concerns over FATF's decision remain

Published 23 Jun, 2021 05:08pm

Business & Finance

Gas shortage denting Pakistan’s exports

Industrialists complain situation will affect delivery

Published 23 Jun, 2021 02:24pm

Business & Finance

FATF: Pakistan’s progress to be reviewed

Five-day virtual plenary commences in Paris

Published 22 Jun, 2021 05:42pm

Business & Finance

KSE-100 Index ends below 48,000 as FATF review begins

Registers 25-point decrease on Tuesday

Published 22 Jun, 2021 05:16pm

Business & Finance

Dollar goes above 158 as rupee's slide continues

Ends at Rs158.19 in inter-bank market, extending the Pakistani currency's fall

Published 22 Jun, 2021 04:39pm

Business & Finance

SBP introduces Master Circular on eCIB

Measure taken to facilitate meticulous compliance, and help make informed/timely lending decisions

Published 22 Jun, 2021 04:15pm

Business & Finance

Fauji Meat Limited gets Malaysia approval for exports

Adviser to PM on Trade and Investment shares news via Twitter

Published 22 Jun, 2021 02:16pm

Business & Finance

SBP extends temporary suspension of service charges

Wants to allow banks to manage their liquidity

Published 21 Jun, 2021 06:45pm

Pakistan

Pakistan's rupee continues downward movement, closes at 157.51 in inter-bank market

Has cumulatively shed 3.4% since May 7
Fall attributed to external debt repayments and imports

Updated 21 Jun, 2021 08:36pm

Business & Finance

SBP says online funds transfer charges to ensure ‘sustainable supply of digital transactions’

In a series of tweets, central bank looks to pacify customers criticising move to allow banks to charge for IBFT

Updated 21 Jun, 2021 12:18pm

Pakistan

World Bank approves $442m for Pakistan’s water and sanitation services

Punjab Rural Sustainable Water Supply and Sanitation Project will help upgrade infrastructure in rural settlements

Published 19 Jun, 2021 04:38pm

Business & Finance

Govt should extend tax relief on cars up to 1,050cc, says think tank

PIDE says reduction in GST, FED should be expanded to promote competition
Federal govt had earlier proposed to reduce tax rate on cars up to 850cc

Published 19 Jun, 2021 03:12pm

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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