News stories for N H Zuberi - Business Recorder

N H Zuberi

Business & Finance

Business community urges SBP to take back interest rate hike

KARACHI: Business community has sharply reacted over the steep increase in interest rate by 2.5 percent to 12.25...

Published 09 Apr, 2022 04:39am

Business & Finance

Concerns voiced over PKR slide

KARACHI: Business community has said the weakening currency has impacted the consumers’ purchasing power as...

Published 30 Mar, 2022 06:08am

Markets

Budget proposals: PYMA demands cut in taxes, duties

KARACHI: Pakistan Yarn Merchants Association (PYMA) has proposed the government to cut Customs Duty, Sales Tax,...

Published 29 Mar, 2022 05:49am

Pakistan

Business leader for an end to smuggling of fertilizer to Afghanistan

KARACHI: Pakistan Businesses Forum vice president Ahmad Jawad said the smuggling of urea fertiliser is continuing...

Published 20 Mar, 2022 06:04am

Pakistan

Business community hails PM’s relief package

KARACHI: Business and industrial community welcomed the relief measures announced by Prime Minister Imran Khan,...

Published 04 Mar, 2022 04:37am

Business & Finance

Industrial community rejects hike in prices of POL products

KARACHI: Industrial community has rejected increase in prices of petroleum products by the government, of more than...

Published 18 Feb, 2022 04:31am

Business & Finance

Afghanistan: PAJCCI urges govt to frame concrete policy on trade, banking

KARACHI: Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) Chairman Zubair Motiwala Tuesday urged...

Published 16 Feb, 2022 06:20am

Pakistan

FPCCI’s policy board urges SBP to bring core inflation under its focus

KARACHI: The Policy Advisory Board – Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has...

Published 10 Feb, 2022 04:40am

Business & Finance

Gas shortages: Industrialists stage protest in front of SSGC head office

KARACHI: Hundreds of demonstrators including the leadership of Businessmen Group and Karachi Chamber of Commerce and...

Published 03 Feb, 2022 04:02am

Markets

Flour prices: PBF urges govt to release wheat stocks

KARACHI: Pakistan Businesses Forum (PBF) vice president Ahmad Jawad has expressed fear that the flour rates are ...

Published 02 Feb, 2022 04:45am

Business & Finance

PBF for promoting foreign trade in PKR

KARACHI: Vice President of Pakistan Businesses Forum (PBF) Ahmad Jawad has said the government must form a taskforce...

Published 27 Jan, 2022 04:05am

Business & Finance

PBF says ‘mini-budget’ totally inconsistent with govt’s agri policy

KARACHI: The imposition of 17 percent tax on agriculture seed and machinery imports come at a time when the...

Published 13 Jan, 2022 07:17am

Technology

Pakistan has great potential to earn from crypto assets: FPCCI paper

KARACHI: Pakistan has great potential to encash the windfall gains of billions of dollars in crypto assets of...

Updated 03 Jan, 2022 09:17am

Business & Finance

‘Mini-budget’ Cost of doing business to soar: business community

KARACHI: Business Community has expressed fear that cost of doing business will go up, exports will suffer and the...

Updated 02 Jan, 2022 10:58am

BMP clinches victory in FPCCI elections

KARACHI: The Business-men Panel (BMP) clinched the victory in the annual elections of the country’s apex trade...

Published 31 Dec, 2021 04:07am

Pakistan

Tough fight likely between BMP, UBG in FPCCI polls

KARACHI: Election commission of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made all...

Published 30 Dec, 2021 04:40am

Business & Finance

Cross-subsidisation slows down economic growth: FPCCI

KARACHI: The cross-subsidisation of the residential and agriculture sectors by the industrial and commercial sectors...

Published 29 Dec, 2021 06:57am

Business & Finance

BMP chief hits out at govt’s approach to economy

KARACHI: Chairman of Businessmen Panel (BMP) Mian Anjum Nisar has said that the regular attempts of economic ...

Published 22 Dec, 2021 06:13am

Business & Finance

‘Mini-budget’ to unleash another wave of inflation: PBF

KARACHI: Vice President of Pakistan Businesses Forum (PBF) Ahmad Jawad has said that after new taxes in the proposed...

Published 21 Dec, 2021 04:14am

Business & Finance

Businesspeople question policy rate hike, say cost of doing business will rise

KARACHI: Business community has sharply reacted on the second interest rate hike in 25 days, saying that rising cost...

Published 16 Dec, 2021 04:00am

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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