News stories for N H Zuberi - Business Recorder

N H Zuberi

Business & Finance

Business community terms 2pc cut in policy rate insufficient

KARACHI Business community has termed two percent cut in interest rate as disappointed despite widespread demand to...

Published 17 Dec, 2024 06:47am

Business & Finance

16-member Chinese team visits KATI: $1m investment aimed at establishing ‘medical city’ in Karachi announced

KARACHI: In a significant boost to Pakistan-China economic cooperation, Meng Xiaowei, the leader of a 16-member...

Published 12 Dec, 2024 06:01am

Business & Finance

PBF urges govt for urgent steps towards economic reforms

KARACHI: The Pakistan Business Forum (PBF) has urged the government to take immediate steps towards economic reforms...

Published 06 Nov, 2024 05:46am

Business & Finance

PBIF chief seeks strengthening of rupee

KARACHI: President, Pakistan Business Forum (PBF) Khawaja Mehboob ur Rehman urged the Finance Minister Muhammad...

Published 31 Oct, 2024 06:18am

Pakistan

KCCI concerned over spread of diseases in mega city

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani while expressing deep...

Updated 19 Oct, 2024 07:20am

Business & Finance

‘Pakistan should promote trade, economic ties with SCO member states’

KARACHI: Pakistan needs to aggressively promote its trade, investment and economic ties with Shanghai Cooperation...

Published 24 Sep, 2024 03:28am

Business & Finance

KCCI elections: All 30 candidates of BMG defeat their opponents

KARACHI: All 30 candidates of the Businessmen Group (BMG), led by BMG Chairman and former KCCI president Zubair...

Published 23 Sep, 2024 06:45am

Business & Finance

First round of KCCI polls ends peacefully

KARACHI: The first round election of Karachi Chamber of Commerce and Industry (KCCI) for 2024-26 has been completed,...

Published 22 Sep, 2024 02:47am

Business & Finance

Businessmen, industrialists say they were expecting ‘much bigger’ policy rate cut

KARACHI: Business and industrial community has expressed disappointment over the policy rate cut of 200 basis points...

Published 13 Sep, 2024 06:13am

Business & Finance

KCCI polls on 21st: 108 candidates enter the fray for 30 MC seats

KARACHI: As many as 108 candidates filed their nominations to fill for 30 managing committee vacant seats of ...

Published 03 Sep, 2024 07:38am

Business & Finance

Trade bodies support today’s strike call

KARACHI: Trade and industrial bodies have announced that they will observe a complete shutter-down strike and take ...

Published 28 Aug, 2024 06:22am

Business & Finance

‘WEBOC, PSW not synchronised to capturing global trade data’

KARACHI: The Pakistan Business Forum (PBF) said that Pakistan’s systems — WEBOC and Pakistan Single Window —...

Published 24 Aug, 2024 06:23am

Business & Finance

KCCI elections to be held on Sept 21

KARACHI: The annual elections of Karachi Chamber of Commerce and Industry (KCCI) for the year 2024-26 for 30 vacant...

Published 23 Aug, 2024 03:24am

Business & Finance

KCCI urges govt to revisit taxation measures, bring down energy tariffs

KARACHI: Keeping in view the perpetually intensifying hardships being suffered by small traders, industrialists,...

Published 20 Jul, 2024 05:34am

Business & Finance

Taxable profit: Shift from 1pc FTR to 29pc will be disastrous for exports: KCCI

KARACHI Policy Research and Advisory Council (PRAC) of Karachi Chamber of Commerce and Industry (KCCI) has noted ...

Published 25 Jun, 2024 06:42am

Business & Finance

Pak-Afghan trade declining since Taliban’s return to power: PBF

KARACHI: Pakistan Business Forum (PBF) Central Vice President Ahmad Jawad has said that the flow of Afghan transit...

Published 24 Jun, 2024 07:00am

Eid-ul-Azha: 6,234,700 hides, skins worth over Rs6bn collected: PTA

KARACHI: Pakistan Tanners Association has estimated collection of around 6,234,700 hides and skin worth more than Rs...

Updated 21 Jun, 2024 09:05am

Business & Finance

Business community leader says 150bps rate cut ‘too little, too late’

KARACHI: Business and industrial community has termed the meagre reduction in interest rate a bit disappointing and...

Published 11 Jun, 2024 03:17am

Business & Finance

Govt urged to take steps aimed at arresting capital flight

KARACHI: Pakistan Business Forum (PBF) Central Vice President Ahmad Jawad said Pakistan’s economy needed short as...

Published 31 May, 2024 06:58am

Business & Finance

PBF for simplification of tax system

KARACHI: Pakistan Business Forum (PBF) has recommended the federal government to simplify the tax system to reduce...

Published 22 May, 2024 05:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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