News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Finland's 'major development financier' eyes investment in Pakistan's TPL Insurance

Finnfund, a major development financier of Finland, has expressed its intent to invest in TPL Insurance Limited, a...

Published 01 Jul, 2021 02:41pm

Business & Finance

SBP devises guidelines on dispute resolution mechanism for credit bureaus

The State Bank of Pakistan ( SBP) has developed guidelines on a dispute resolution mechanism for all the licensed...

Published 01 Jul, 2021 12:16pm

Pakistan

CAA slams foreign air carriers for 'overbooking'

Says blame of rescheduling/canceling flights rests solely on concerned foreign air carriers

Published 30 Jun, 2021 08:49pm

Business & Finance

PSX to form wholly-owned subsidiary for demerger of real estate

The Board of Directors of the Pakistan Stock Exchange (PSX) has decided to form a wholly-owned subsidiary namely...

Updated 30 Jun, 2021 02:43pm

Business & Finance

Gas crisis to be resolved in coming days, says SAPM on Power

Gauhar says re-gasification process would start soon

Updated 30 Jun, 2021 01:01pm

Business & Finance

KSE-100 breaks losing streak, ends 135 points higher

The KSE-100 managed to change its course as the index closed in the green zone during the trading session at the...

Published 29 Jun, 2021 09:28pm

Pakistan

National Assembly approves amended Finance Bill 2021

Finance Minister Shaukat Tarin says focus remains on agriculture sector
Roadmap made to lift 4 million households out of poverty, adds Tarin

Published 29 Jun, 2021 07:55pm

Business & Finance

Foreign investors repatriate $1.5b in Jul-May FY21

Foreign investors repatriated close to $1.5 billion on account of profit and dividend during the first eleven months...

Published 29 Jun, 2021 02:12pm

Pakistan

IHC orders removal of NBP President Arif Usmani

Was hearing petition filed against appointment of NBP official

Published 29 Jun, 2021 02:07pm

Business & Finance

World Bank approves $800m loan for power sector, human development programs

Funds will be used to finance the Pakistan Program for Affordable and Clean Energy (PACE) and the Second Securing Human Investments to Foster Transformation

Published 29 Jun, 2021 01:47pm

Business & Finance

Economic rebound to continue, says finance ministry

Current account balance is expected to show a deficit of around $0.5 billion by the end of the current fiscal year, states Monthly Economic Update & Outlook June 2021

Published 29 Jun, 2021 01:38pm

Business & Finance

Pakistan to launch collateral-free financing for SMEs: SBP governor

Dr Reza Baqir says lending will be on basis of cash flows rather than collateral

Published 28 Jun, 2021 04:15pm

Business & Finance

IMF's new SDR allocation could bolster Pakistan's forex reserves by $2.8 billion: Fitch

IMF's board of governors expected to approve allocation in August

Published 28 Jun, 2021 02:30pm

Business & Finance

E-banking transactions increase 31% year-on-year during Jan-Mar: SBP

Says customers performed 309.5 million e-banking transactions in three-month period, up 31% by volume and 29% by value year-on-year

Updated 28 Jun, 2021 03:44pm

Business & Finance

Pakistan, World Bank sign $442m for Punjab's water supply, sanitation

Amount was approved last week
Minister for Economic Affairs Omar Ayub Khan says project is aimed at investing in people and improve living standards

Published 26 Jun, 2021 05:08pm

Business & Finance

Any other country would have long been out of grey list: Tarin

Finance minister says Pakistan is trapped in geopolitics

Updated 26 Jun, 2021 06:15pm

Business & Finance

Current account posts massive $632m deficit in May 2021

This is the highest monthly deficit since December 2019

Updated 25 Jun, 2021 08:40pm

Business & Finance

KSE-100 loses 359 points as FATF concern keeps investors jittery

Ends near 47,600 as MSCI's announcement and FATF's decision take toll on investor sentiment

Published 25 Jun, 2021 06:30pm

Business & Finance

FATF to announce future course of action on Pakistan today

Plenary session will consider report of Asia-Pacific Group

Updated 25 Jun, 2021 10:56pm

Business & Finance

MSCI to begin consultation on proposal to downgrade Pakistan

Announces launch of consultation process for potential downgrade of MSCI Pakistan Index from Emerging Markets to Frontier Markets status
Seeks feedback from market participants on this reclassification proposal until August 31, 2021

Updated 25 Jun, 2021 01:57pm

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
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
Cotton US¢/pound / Nov 26	71.35
Petrol/Litre / Nov 27	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 27 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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