News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Pakistan

With UAE company’s backing, Pakistan set for bigger share of ‘$300-billion’ industry

• Galaxy Racer Pakistan CEO Fakhr-e-Alam says company’s mandate is to provide platform to boost esports in the country

Updated 28 Jan, 2022 02:33pm

Markets

Secure Logistics Group looks to generate Rs1.5bn through IPO

Applies for PSX listing, aims to issue 55.56 million shares at a floor price of Rs27

Published 25 Jan, 2022 12:25pm

Business & Finance

Monetary policy: how Pakistan's key interest rate has moved over time

Since 2016, the interest rate has moved in a wide band of 750 basis points

Published 24 Jan, 2022 08:18pm

Technology

Pakistan's Find My Doctor raises $5mn in pre-series A funding

Start-up will utilise funds to expand operations

Published 24 Jan, 2022 01:55pm

Markets

Current account deficit increases marginally to $1.93bn in December

Six-month (July-December) deficit in ongoing fiscal year amounts to $9.09 billion

Updated 22 Jan, 2022 06:20pm

Business & Finance

Pakistan's REER declines in December as trade competitiveness improves

REER decreased 1.85% on a monthly basis and remains 6.22 points below its peak of 102.95 recorded in April 2021

Published 21 Jan, 2022 03:29pm

Pakistan

Majority expects status quo in State Bank's upcoming MPC meeting

Meeting is scheduled to be held on January 24
SBP has raised the interest rate in its three previous MPC meetings by a cumulative 275 basis points

Updated 20 Jan, 2022 06:21pm

Business & Finance

Pak Suzuki increases car prices 'owing to mini-budget'

Company attributes hike to recent amendments passed by govt

Published 19 Jan, 2022 10:06pm

Markets

Remittances maintain momentum, amount to $2.5bn in December

July-December inflows clock in at $15.8 billion, up by 11.3% year-on-year

Updated 14 Jan, 2022 05:50pm

Markets

FCA for November: NEPRA raises electricity rate by Rs4.3 per unit

The National Electric Power Regulatory Authority (NEPRA) on Thursday raised electricity tariff by Rs4.3 per unit for...

Published 13 Jan, 2022 05:10pm

Markets

Pakistan's Regal Automobile Industries looks to raise Rs800mn through IPO

Applies for PSX listing, will issue 25 million shares at floor price of Rs32

Updated 12 Jan, 2022 08:19pm

Business & Finance

Yearly basis: Pakistan's passenger car sales accelerate in 2021

PSMC leads the way with 108% year-on-year growth

Published 12 Jan, 2022 02:26pm

Business & Finance

Lucky Motor Corp to launch Peugeot 2008 this month

Lucky Motor Corporation (LMC) is likely to introduce Peugeot 2008 later this month, officials familiar with the...

Updated 10 Jan, 2022 08:47pm

Business & Finance

Mera Pakistan Mera Ghar: Banks approve over Rs117bn for MPMG

Loan approval and disbursement for the government’s flagship markup subsidy scheme, commonly known as Mera ...

Published 06 Jan, 2022 07:04pm

Business & Finance

Pakistan has successfully resolved aviation safety concerns: UN aviation body

ICAO's letter comes as positive for country's aviation sector and its pilots

Updated 05 Jan, 2022 07:12pm

Pakistan

Roshan Digital Account: cumulative inflows reach $3.16bn

SBP says inflow of $244mn recorded in December

Updated 05 Jan, 2022 06:26pm

Markets

7.34mn bales of cotton reach ginneries, up 37% YoY: PCGA

Cotton arrival in Pakistan increased 37% year-on-year, showed the latest fortnightly data released by the Pakistan...

Published 04 Jan, 2022 02:49pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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