News stories for N H Zuberi - Business Recorder

N H Zuberi

Sellers offer up to 75 percent discounts on winter, old stocks to attract buyers

Shopkeepers are seeking to off-load their winter and old stocks by offering 30 to 75 percent discount on winter and other garments. Visits to various markets revealed that the shopkeepers had remained very much focused on selling as much winter stock as p

Published 03 Mar, 2019 12:00am

India's act of withdawing MFN status for Pakistan criticized

Secretary General (Federal) Businessmen Panel (BMP) Ahmad Jawad has slammed India for withdrawing the Most Favoured Nation (MFN) status for Pakistan, saying it will not impact on us as well on economy. On 16th February, India also made an immature attempt

Published 18 Feb, 2019 12:00am

Markets

mbs visit to start new era of economic prosperity: BMP chief

Chairman Businessmen Panel (BMP) Mian Anjum Nisar has said that Saudi Arabia Crown Prince Mohammed bin Salman visit to Pakistan on 16th February helps to start a new era of economic prosperity in the country and it is expected that around $20 billion inve

Published 14 Feb, 2019 12:00am

Low gas pressure renders over 80 percent units closed, claims SAI

President of Site Association of Industry (SAI) Salem Parekh has claimed that 80 to 90 percent industrial units remained closed for two days due to low gas pressure and lack of gas supply in their industrial area.

Published 08 Feb, 2019 12:00am

BMP for restorating 27 trade bodies annulled by DGTO

Businessmen Panel (BMP) chairman Mian Anjum Nisar has urged the Ministry of Commerce (MOC) to restore twenty-seven trade bodies whose licenses were cancelled earlier by the Directorate General of Trade Organisation (DGTO) so that these trade bodies may wo

Published 06 Feb, 2019 12:00am

Markets

Online banking facility sought for overseas Pakistanis

Businessmen Panel chairman Mian Anjum Nisar has suggested that the government should ask State Bank of Pakistan to work out a mechanism with the help of NADRA to open banking accounts online for overseas Pakistanis. The BMP head said that overseas Pakista

Published 01 Feb, 2019 12:00am

New visa policy: business leaders see growing tourism, trade

Business community hailed the PTI-led government for granting visa on arrival, business visa and e-visa under new visa policy. The veteran business leader said that easing the visa policy with the facility of on arrival visa for 50 countries, business vis

Published 29 Jan, 2019 12:00am

Markets

Sale of dry fruits remains low due to high prices

The sale of dry fruits remains sluggish during the current winter season due to high prices which made it beyond the reach of the common man. The winter is the peak season for dry fruit sellers and around 70 percent of the annual sale happens during winte

Published 27 Jan, 2019 12:00am

BMP chief optimistic of PKR's stabilisation

Chairman of Businessmen Panel (BMP), Mian Anjum Nisar has expressed hoped that now Pakistan Rupee will be stable after increasing in country's foreign reserves as 18th January 2019, liquid foreign reserve exchange position was $ 13.25 billion dollars offi

Published 26 Jan, 2019 12:00am

'Reforms package' a step in right direction, opine business leaders

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.03
USD PKR Interbank Buying / Mar 7	279.78
USD to Japanese Yen / Mar 7	147.73
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 6	5,738.52
Nasdaq / Mar 6	18,069.26
Dow Jones / Mar 6	43,579.08
India Sensex / Mar 7	74,478.53
Tokyo Nikkei / Mar 7	36,894.23
Hang Seng / Mar 7	24,558.34
FTSE 100 / Mar 7	8,631.91
Germany DAX 30 / Mar 7	23,117.01
France CAC40 / Mar 7	8,112.97

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 6	17,785
Gold 10 Grams PKR / Mar 6	260,630
Petrol/Litre / Mar 7	255.63
Crude Oil USD/Barrel / Mar 7	66.30
Gold Spot USD/Ounce / Mar 7	2,907.79
Diesel/Litre / Mar 7	258.64
Cotton US¢/pound / Mar 7	65.05

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

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