News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Pakistani rupee posts further gain against US dollar

Appreciates 0.11% on Friday

Published 27 Aug, 2021 04:38pm

Business & Finance

Pakistan’s local mobile phone production surpasses imports: PTA

During Jan-July 2021, the production of mobile phones by local manufacturing plants stood at 12.27 million against imported mobile phones at 8.29 million

Published 26 Aug, 2021 03:53pm

Business & Finance

Rupee's fall continues, drops to 11-month low against US dollar

Closes at 166.28 against the dollar in the inter-bank market after a decrease of another Rs1.08 or 0.65%

Published 25 Aug, 2021 05:22pm

Business & Finance

PKR continues to lose ground against USD, closes at Rs165.2 in inter-bank market

Pakistan's currency falls to a 10-month low

Published 24 Aug, 2021 04:55pm

Business & Finance

Karachi-based Bazaar Technologies raises $30mn in Series A round

In yet another development for Pakistan's startup ecosystem, Karachi-based Bazaar Technologies, a...

Updated 24 Aug, 2021 12:50pm

Business & Finance

Pakistan, Turkey partner to produce military drones

Turkish Aerospace Industries signs contract with Pakistan's NESCOM

Published 23 Aug, 2021 02:57pm

Business & Finance

Pakistan’s Real Effective Exchange Rate declines to 99.4 in July

Pakistan’s export competitiveness improved after the country’s Real Effective Exchange Rate (REER) decreased by...

Published 21 Aug, 2021 11:58am

Business & Finance

Pakistan to become more self-reliant in handset production: Fitch

Says entry of global smartphone manufacturers augers well for an import-dependent sector

Published 20 Aug, 2021 10:21am

Business & Finance

Roshan Digital Account inflows cross $2bn in less than 12 months

SBP shares milestone in Twitter post

Updated 16 Aug, 2021 02:32pm

Pakistan

Pakistan compliant in 35 out of 40 recommendations in APG action plan

Is now rated 'compliant' or 'largely compliant' in an additional 4 points
APG says country will continue to report back on progress

Published 14 Aug, 2021 03:59pm

Business & Finance

IPO: Octopus Digital's book building to be held on September 9, 10

The book-building process of Octopus Digital Limited, a 100% wholly-owned subsidiary of Avanceon Limited, will be...

Published 13 Aug, 2021 04:01pm

Business & Finance

China's vivo sets up smartphone production unit in Pakistan

Chinese smartphone manufacturer vivo has set up its first production unit in Pakistan, said Advisor to Prime ...

Published 12 Aug, 2021 12:18pm

Markets

Air Link looks to tap Pakistan's 'gold mine' as it gears up for IPO

Its planned Initial Public Offering this month will be country's biggest from the private sector

Published 11 Aug, 2021 01:01pm

Business & Finance

PTA issues MDM approval to Lucky Motor Corp for Samsung phones

The Pakistan Telecommunication Authority (PTA) has issued Mobile Device Manufacturing (MDM) authorisation to Lucky...

Published 11 Aug, 2021 11:25am

Business & Finance

Workers' remittances amount to $2.71 billion in July, down 2.1% YoY

Overseas workers' remittances amounted to $2.71 billion in July 2021, a 2.1% fall year-on-year, with the country's...

Updated 10 Aug, 2021 08:01pm

Business & Finance

KE enters into gas supply agreement with PLL for supply of 150 mmcft LNG

Energy minister shares development on Twitter

Published 10 Aug, 2021 02:14pm

Business & Finance

Avanceon's Octopus Digital set for IPO after PSX, SECP approves listing application

Maintaining its momentum of initial public offerings (IPO), Pakistan is set to see the listing of Octopus Digital...

Published 06 Aug, 2021 03:47pm

Business & Finance

Covid-19: ADB approves $500 million loan for vaccine procurement

In a statement issued on Friday, the ADB said the project will support Pakistan’s National Deployment and Vaccination Plan under which an estimated 39.8 million doses of Covid-19 vaccines, safety boxes, and syringes will be purchased and delivered

Published 06 Aug, 2021 02:37pm

Business & Finance

To boost solar energy consumption: Process for net metering simplified

In a bid to boost solar power consumption and ease the pressure on oil-based power generation, Pakistan's Board of...

Published 05 Aug, 2021 03:23pm

Business & Finance

April-June 2021: SBP imposes penalties of over half-a-billion rupees on banks

The State Bank of Pakistan (SBP) said that it has imposed penalties to the tune of Rs525.244 million on banks during...

Published 05 Aug, 2021 02:10pm

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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