News stories for N H Zuberi - Business Recorder

N H Zuberi

Thin attendance witnessed in offices

Holiday mood prevailed in the city on Monday which led to thin attendance in government and private offices than witnessed during normal days. The government announced holidays from Tuesday June 4 to Friday June 7 whereas Saturday and Sunday of June 1 and

Published 04 Jun, 2019 12:00am

Business & Finance

President FPCCI underscores the need to enhance intra-OIC trade

KARACHI: Engineer Daroo Khan Achakzai, President of the Federation of Pakistan Chamber of Commerce and Industry (FP

Published 31 May, 2019 09:59am

BMP chief for promoting intra-OIC trade

Chairman, Businessmen Panel (BMP), Mian Anjum Nisar, has urged the Organisation of Islamic Cooperation (OIC) to promote trade within the bloc and stressed on the need to eliminate bottlenecks in this regard. He said that Pakistan should actively pursuing

Published 31 May, 2019 12:00am

Business & Finance

FPCCI shows concern over declining of foreign investment

Karachi: Engineer Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (F

Published 30 May, 2019 12:29pm

Business community perturbed over galore of holidays

Business and Industrial community have expressed serious concern over too many holidays on Eids and other occasions are having a killing affect on the economy. They said that the government announced holidays on Tuesday June 4 to Friday June 7 whereas on

Published 30 May, 2019 12:00am

Business & Finance

FPCCI shows concern over the speculation of withdrawn of Zero Rated Facility

KARACHI: Engineer Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI)

Published 29 May, 2019 09:11am

BMP chief seeks continuation of zero-rating, incentives for exporters

Chairman Businessmen Panel (BMP), Mian Anjum Nisar has said exporters now fear that the withdrawal of zero-rating, energy subsidies and other incentives will further squeeze the fiscal space to make new investments for the planned expansion of manufacturi

Published 28 May, 2019 12:00am

PSAA for doing away with third party intervention in exports, import

To increase revenue earning in a spirit of reducing cost of doing business and have positive impact on the ease of doing business, Pakistan exports need to maximize selling on C&F basis and imports to maximize buying on FOB basis, Chairman Pakistan Ships'

Published 26 May, 2019 12:00am

Business & Finance

President FPCCI condemns terrorist act in Quetta

KARACHI: Engineer Daroo Khan Achakzai, President FPCCI has vehemently condemned the brutal terrorist act at the Mo

Published 25 May, 2019 01:35pm

Business & Finance

Commercial Counsellors should be assigned exports target: FPCCI

KARACHI: Engineer Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (F

Published 23 May, 2019 03:26pm

Markets

Business community voices concern over devaluation of PKR, policy rate hike

Business community has expressed serious concern over continued depreciation of Pak rupee against dollar and hike of policy rate by another 150 basis points and termed it damaging for the economy. The declining Pak rupee value (PKR) value and hike of poli

Published 23 May, 2019 12:00am

Business & Finance

FPCCI shows concern over the rising of policy rate

KARACHI: Engineer Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (F

Updated 23 May, 2019 09:23am

Business & Finance

The FPCCI leadership hails Javed Iqbal’s decision of not calling businessmen to NAB

KARACHI: Engineer Daroo Khan Achakzai, President of the Federation of Pakistan Chamber of Commerce and Industry (FP

Published 21 May, 2019 11:40am

Roadside Iftari attracts deserving people

Uncontrolled price hike of the basic commodities and squeezing purchasing power of general public has badly affected the humanitarian activities such as roadside Iftar dastarkhwans for deserving people in Ramazan. Karachiites see relatively reduced roadsi

Published 20 May, 2019 12:00am

Markets

Businessmen Panel voices concern over all-time low PKR value

Chairman Businessmen Panel (BMP) Mian Anjum Nisar has said that Pakistan is currently facing significant economic challenges, with declining foreign exchange reserves, diminishing growth and increasing trade deficit. He said that rupee once again weakened

Published 18 May, 2019 12:00am

Business & Finance

President FPCCI to address SCO Business Council and Forum

KARACHI: Engineer Daroo Khan Achakzai, President FPCCI has left for Kyrgyz Republic to attend the meeting of the Bu

Published 17 May, 2019 10:12am

Business & Finance

KWGA chief calls for efficient tax system

KARACHI: Karachi Wholesale Grocers Association’s (KWGA) Patron in Chief, Anis Majeed and Chairman, Malik Zulfiqar e

Published 14 May, 2019 02:44pm

Business & Finance

President FPCCI condemns terrorist act at PC hotel Gwadar

KARACHI: Engineer Daroo Khan Achakzai, President FPCCI, S.M. Muneer, former CE TDAP and former President FPCCI and

Published 13 May, 2019 02:37pm

Bank accounts: Businessmen hail FBR chief's order as'pro-business' act

Industrialists and traders have appreciated the first order issued by recently appointed Chairman Federal Board of Revenue (FBR) Shabbar Zaidi after assuming charge in which all the commissioners land revenue have been barred from freezing bank accounts w

Published 12 May, 2019 12:00am

BMP asks PM to introduce internal tax reforms

Businessmen Panel Secretary General (Federal) and former chairman of FPCCI standing committee Ahmad Jawad said urged Prime Minister Imran Khan to introduce internal tax reforms to increase revenues and close those government departments rendered dysfuncti

Published 11 May, 2019 12:00am

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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