News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Markets

Rupee closes at 169.12 as the fall continues

Currency registers another 0.11% decline against the dollar on Wednesday

Published 15 Sep, 2021 04:43pm

Business & Finance

Upcoming MPC: Majority expect status quo but a greater divide is now visible

A poll, consisting of 68 participants, shows 65% expect the SBP to maintain the discount rate at 7%

Published 15 Sep, 2021 02:36pm

Business & Finance

Pakistan's rupee closes at its lowest level against the US dollar as pressure remains

The rupee has been under pressure since May this year with an increasing import bill causing immense worry among policymakers

Updated 14 Sep, 2021 05:37pm

Business & Finance

Lucky Motor Corp likely to launch KIA Stonic, Peugeot 2008 in Pakistan

Pakistan’s Lucky Motor Corporation (LMC) is likely to introduce KIA Stonic and Peugeot 2008 in the coming months,...

Published 13 Sep, 2021 03:21pm

Business & Finance

Islamic Banking Industry: Assets and deposits show highest YoY growth since 2015

Market share of IBI’s assets and deposits in overall banking industry’s recorded at 17% and 18.7%, respectively

Published 11 Sep, 2021 04:49pm

Business & Finance

Pakistan's rupee nears all-time low after another fall against US dollar

Closes at 168.02 against the dollar in the inter-bank market

Published 10 Sep, 2021 05:52pm

Business & Finance

Hybrid electric vehicles: Indus Motor Company announces $100mn investment for local production

Amount will be invested over a period of three years, says the company in its filing to the Pakistan Stock Exchange

Updated 08 Sep, 2021 09:55pm

Business & Finance

Roshan Digital Account: Full-year inflow clocks in at $2.11 billion

Pakistan attracts $245 million in August, taking cumulative amount to $2.114 billion

Published 08 Sep, 2021 12:57pm

Business & Finance

All eyes on MSCI as reclassification decision expected on Pakistan

All eyes are set on Morgan Stanley Capital International (MSCI), which will announce whether or not Pakistan is...

Updated 08 Sep, 2021 12:02am

Business & Finance

Fauji Foods plans rights issue to mitigate debt level

Will issue 780,794,596 ordinary shares at a price of Rs10/per share

Published 06 Sep, 2021 12:32pm

Markets

Ministry moving proposal for 'seasonal energy pricing'

Move aimed at encouraging power consumption during off-peak months, says minister for energy Hammad Azhar

Updated 03 Sep, 2021 03:50pm

Business & Finance

'Demand-side pressure' drives Pakistani rupee to 12-month low

Rupee near 167 level against the US dollar after another fall on Wednesday

Published 01 Sep, 2021 05:26pm

Business & Finance

Tapping govt's favourable view, TPL eyes Pakistan's biggest REIT

Plans to raise $500 million through private placement

Published 31 Aug, 2021 07:59pm

Business & Finance

Pakistani E&P consortium awarded oil block in Abu Dhabi

In a major development for Pakistan, a consortium of the country’s major E&P Companies has been awarded...

Published 31 Aug, 2021 06:06pm

Business & Finance

Air Link IPO: Book-building results in strike price of Rs71.5, offer oversubscribed 1.64 times

Book-building of Pakistan's smartphone producer Air Link has resulted in a strike price of Rs71.5 with the initial...

Published 31 Aug, 2021 05:24pm

Business & Finance

S&P Global affirms Pakistan ratings at 'B-/B', outlook stable

S&P Global Ratings has affirmed its 'B-' long-term and 'B' short-term sovereign credit rating on Pakistan, while...

Published 31 Aug, 2021 11:34am

Business & Finance

Rupee reverses gains, loses 0.2% against US dollar

Inches close to 166 level

Published 30 Aug, 2021 05:10pm

Business & Finance

2Q2021: Despite drop in net interest income, Pakistan's banking sector posts Rs70bn profit

Despite the drop in Net Interest Income (NII), Pakistan's banking sector posted profits of Rs70 billion in the ...

Published 30 Aug, 2021 01:37pm

Business & Finance

Despite pandemic, global demand for Pakistan textile to remain strong

Analysts say PKR depreciation also likely to be positive for sector

Updated 28 Aug, 2021 09:37pm

Business & Finance

'Pakistan Prosperity Index' reaches all-time high: think tank

PRIME says there is still a need to curb inflationary pressures

Published 28 Aug, 2021 01:08pm

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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