News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Inflation reading increases to four-month high, stands at 9.2% in October

Inflation is a key indicator for the govt these days that is battling various issues on the economic front

Updated 01 Nov, 2021 08:16pm

Technology

Xiaomi partners with Air Link to manufacture smartphones in Pakistan

Development comes after Air Link last month announced that it will incorporate a wholly-owned subsidiary 'Select Technologies (Pvt) Limited'

Updated 01 Nov, 2021 08:01pm

Markets

After technical issues, stock brokers association slams PSX for 'new trading system'

Volumes reduce significantly as members face difficulties in conducting transactions

Published 26 Oct, 2021 10:42pm

Markets

Pakistan's power generation increases, but so does cost

Output was 7% higher in September, but cost increased 65% year-on-year

Published 21 Oct, 2021 02:38pm

Markets

KSE-100 gains 870 points as investor sentiment soothed on IMF front

Reports of IMF talks moving 'positively' seem to have calmed nerves at stock market

Updated 20 Oct, 2021 06:52pm

Technology

ADB-backed Rider raises $2.3 million in seed round

Karachi-based startup announces raising funds in round led by ADB Ventures, Global Founders Capital, Fatima Gobi Ventures among others

Published 20 Oct, 2021 01:14pm

Business & Finance

Remittances clock in at $2.67 billion in September

Amount nearly 17% higher year-on-year

Published 08 Oct, 2021 06:37pm

Business & Finance

Roshan Digital Accounts: Pace picks up as inflow crosses $2.4 billion in 13 months

Inflow amounting to $297 million received in September alone, over 21% high month-on-month

Updated 08 Oct, 2021 01:22pm

Business & Finance

Rising coal prices spelling trouble for local cement sector: report

Rising commodity prices in international markets especially coal have raised concerns for the local cement sector,...

Published 07 Oct, 2021 09:26pm

Business & Finance

Air Link announces wholly-owned subsidiary for mobile device manufacturing

Subsidiary would take on additional mobile device manufacturing of certain selected brand(s)

Updated 06 Oct, 2021 01:00pm

Business & Finance

GGL set to launch IPO of subsidiary Ghani Chemicals Industries

Riding the wave of fresh public listings, Ghani Global Holdings Limited (GGL), a Lahore-based industrial and...

Published 04 Oct, 2021 03:17pm

Business & Finance

Hours before deadline, FBR’s Iris portal becomes non-functional

Filers of tax returns complain of page's functionality for past 8-9 hours

Updated 30 Sep, 2021 01:48pm

Markets

KSE-100 companies: Earnings jump 56% year-on-year, register record high

Analysis features results of 83 companies while remaining 17 have not disclosed earnings yet

Published 28 Sep, 2021 03:44pm

Technology

Pakistan’s fintech Oraan raises $3m

Pakistan's fintech Oraan has raised $3 million in the largest seed funding closed by a local women-led startup,...

Updated 27 Sep, 2021 03:43pm

Business & Finance

ADB says Pakistan's economy to grow at 4% in FY22

Forecast is lower than what the government is targeting

Updated 22 Sep, 2021 10:29pm

Business & Finance

KSE-100 recovers after intra-day fall of over 1,200 points

Benchmark index reacts to triggers emanating from regional markets as well as interest-rate hike in Pakistan

Updated 22 Sep, 2021 06:18pm

Business & Finance

Karachi emerges among least safe major cities in the world: EIU report

Ranked 59th out of 60 peers in The Safe Cities Index 2021 report compiled by The Economist Intelligence Unit

Published 21 Sep, 2021 12:06pm

Business & Finance

July-August: Pakistan's food import bill increases 50% YoY, amounts to $1.47bn

Of the food group, palm oil imports were the major constituent

Published 18 Sep, 2021 02:33pm

Business & Finance

Pakistan’s REER declines to 97.4 in August

The Real Effective Exchange Rate (REER) of Pakistan, a measure of the value of a currency against a weighted average...

Published 17 Sep, 2021 05:33pm

Business & Finance

Pakistan's current account deficit swells to $1.48 billion in August

Increases over 80% on a monthly basis

Published 17 Sep, 2021 04:35pm

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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