News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Niger plans to establish SEZ for Pakistan

Wants to attract investment in its landlocked western African country
Minister for Industries and Commerce says focus is on long-term trade relations

Published 19 Jun, 2021 01:00pm

Business & Finance

KSE-100 ends week in the green

Index gains 81.04 points or 0.17% to end at 48,238.67

Published 18 Jun, 2021 08:34pm

Business & Finance

FDI plunges 28% year-on-year in 11MFY21

Clocks in at $1.75 billion compared with $2.42 billion in 11MFY20
However, FDI's figure for May 2021 increased 63% year-on-year

Published 18 Jun, 2021 07:54pm

Business & Finance

SECP issues guidelines for Green Bonds' issuance in Pakistan

Will help initiate sustainable projects for combating climate change, says apex regulator

Published 18 Jun, 2021 04:04pm

Business & Finance

Online fund transfers: SBP deputy governor says banks now under price control

They are not free to charge whatever they want, adds ex-banker Sima Kamil
SBP had earlier issued circular, allowing banks/MFBs/EMIs to charge customers for online fund transfers

Published 18 Jun, 2021 01:18pm

Business & Finance

Flying Cement installs 12MW power plant

Wants to reduce dependency on Wapda

Published 17 Jun, 2021 02:53pm

Business & Finance

Govt increases rate of return on saving schemes

Increase has been implemented from Thursday

Published 17 Jun, 2021 01:40pm

Business & Finance

Post-budget press conference: Murad says attention given to poverty alleviation

Sindh presented Rs1.477 trillion budget for financial year 2021-22 on Tuesday

Published 16 Jun, 2021 05:14pm

Business & Finance

Federal budget pro-growth but food inflation remains concern, says think tank

PRIME Institute calls for sustainable growth measures including increasing real incomes, employment

Updated 16 Jun, 2021 04:11pm

Business & Finance

Unity Foods appoints Mehdi as chairman

Mehdi previously served as CEO of a private equity firm, chairman of PSX board

Published 16 Jun, 2021 12:25pm

Pakistan

Sindh announces Rs1.48 trillion budget for FY22

Chief Minister Syed Murad Ali Shah, who also holds portfolio of finance minister, starts budget speech amid ruckus from opposition
Says provincial govt aims to create over 2,500 jobs in upcoming fiscal year

Updated 15 Jun, 2021 05:39pm

Technology

Pakistan's Saffran Group lands $3.2m order from Japanese company

Bears Inc. awards contract to build IT platform for its real estate business

Published 15 Jun, 2021 12:40pm

Pakistan

Punjab presents Rs2.65 trillion budget for FY22

Provincial finance minister Hashim Jawan Bakht also announces 10% increase in govt employees' salaries

Updated 14 Jun, 2021 07:21pm

Business & Finance

SBP proposes framework for exporters to sell through online platforms

Key amendments aim to modernise foreign exchange regulations, says central bank

Published 14 Jun, 2021 03:54pm

Business & Finance

UBL winds up Switzerland subsidiary

Says it will not have material impact on financial position in notice to PSX

Published 14 Jun, 2021 11:07am

Business & Finance

Pakistan eyeing sustainable growth, says Tarin

Focus to stay on protecting the most vulnerable and increasing dollar revenue
Addressing post-budget press conference, finance minister says measures aimed at broadening tax base

Updated 12 Jun, 2021 03:24pm

Budget 2021-22

Proposal to tax internet data usage criticised as reactions to budget pour in

Finance Minister Shaukat Tarin announced proposals in speech earlier on Friday

Updated 11 Jun, 2021 08:49pm

JP Morgan puts weight behind Pakistan's economy, but cautions over challenges

In its report, 'Pakistan: Reassessing the investment thesis', JP Morgan says impact of remittances to fade in coming months

Updated 10 Jun, 2021 09:47pm

Business & Finance

SBP issues commemorative coin to mark 70th anniversary of Pak-China relations

Will be issued through exchange counters from 11 June

Published 10 Jun, 2021 05:03pm

Business & Finance

Remittances increase 34% year-on-year to near $2.5 billion in May

Figure for 11 months of ongoing fiscal year over $26.7 billion, up 29.4%

Published 10 Jun, 2021 12:00pm

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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