News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Experts react as SBP jacks up key interest rate

Action on the fiscal side by the government would decide future course

Published 23 May, 2022 05:57pm

Markets

Hoarding by exporters contributing to rupee's fall, dealers say

Rule out currency's collapse is due to public demand, stress ample supply for buyers available

Published 18 May, 2022 04:53pm

Perspectives

IMF programme may be crucial, but Pakistan's economic woes run really deep

Amid commencement of talks between Pakistan and the International Monetary Fund (IMF), there have been high hopes...

Updated 07 May, 2022 07:02pm

Business & Finance

PM Shehbaz constitutes 21-member Economic Advisory Council

Will convene on a weekly basis

Updated 28 Apr, 2022 08:20pm

Technology

Another round: Pakistan’s Abhi raises $17mn in Series A funding

Funding round was led by international venture capital firm Speedinvest

Updated 19 Apr, 2022 05:22pm

Business & Finance

Power generation cost up 66% YoY in March

This is mainly due to rise in coal, furnace oil, RLNG, nuclear and gas-based cost of generation

Updated 19 Apr, 2022 03:09pm

Business & Finance

Lucky Motor Corp jacks up KIA car prices as rupee falls, freight charges rise

Sportage variants get pricier by Rs300,000

Updated 18 Apr, 2022 09:34pm

Pakistan

Bank employees stage protest outside SBP, urge govt to take back longer working hours

SBP has recently notified a six-day working week, and longer work-day

Updated 15 Apr, 2022 05:48pm

Business & Finance

SBP injects Rs3.16 trillion in 7-day OMO

The State Bank of Pakistan (SBP) has injected Rs3.169 trillion worth of liquidity into the money market via an open...

Published 15 Apr, 2022 02:55pm

Technology

Electronic Money Institutions: here is a list of all SBP-authorised EMIs in Pakistan

As Pakistan adopts digital payments, the financial sector has been abuzz with new players looking to enter the ...

Updated 10 Apr, 2022 01:35am

Pakistan

Experts identify key economic challenges amid political chaos

Pakistan is facing challenges on multiple fronts including rising inflation and depleting foreign exchange reserves

Updated 08 Apr, 2022 03:24pm

Perspectives

Economy on the back-burner: some difficult decisions needed

The ongoing political turmoil in Pakistan only added to the woes of an already battered economy, which is faced with...

Published 08 Apr, 2022 03:58am

Technology

Q1CY22: Pakistan's startups carry on with fund-raising momentum

Deal Flow Tracker by Invest2Innovate shows $165 million raised across 15 deals in just three months

Published 02 Apr, 2022 10:10pm

Markets

Energy symposium: experts call for power sector reforms, deregularisation

KARACHI: Experts have called for market reforms and deregularisation in the power sector to allow Pakistan to kick...

Updated 01 Apr, 2022 11:04pm

Technology

Lahore-based COLABS raises $3mn in early funding

Will use funds to expand to other cities

Updated 26 Mar, 2022 11:54am

Pakistan

Reko Diq project to boost Balochistan economy, generate $100bn over its lifespan, says Tarin

Terming the settlement with Barrick Gold Corporation and Antofagasta for the revival of Reko Diq as a ‘major ...

Updated 22 Mar, 2022 06:53pm

Business & Finance

Pakistan's current account deficit reduces massively to $545mn in February

Registers 78% decline month-on-month after clocking in at $2.53 billion in January

Updated 19 Mar, 2022 05:52pm

World

Putin discusses Ukraine with Russian security council

LONDON: Russian President Vladimir Putin discussed Moscow’s conflict with Ukraine and its international...

Published 18 Mar, 2022 05:54pm

Business & Finance

Indus Motor expected to hike auto rates

IMC could increase car prices by 12-15% amid hike in freight charges and local currency devaluation, says report

Updated 18 Mar, 2022 09:17pm

Markets

PSX website, down due to technical issues, back up

Bourse says PSX functioned as normal despite issues, with all trading activities operating

Updated 17 Mar, 2022 06:23pm

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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