News stories for Muhammad Ali - Business Recorder

Customs officers, investor booked in tax evasion case

KARACHI: Directorate Intelligence and Investigation (DI&I), Customs, Karachi has booked an assistant collector...

Updated 07 Jul, 2020 03:50am

EU suspends PIA flights for 6 months

KARACHI: The European Union on Tuesday banned Pakistan International Airlines effective 1 July (today). The European...

Published 01 Jul, 2020 03:09am

PIA grounds 141 pilots

KARACHI: Pakistan Inter-national Airlines (PIA) has grounded 141 pilots whose licences are suspected to be fake....

Published 28 Jun, 2020 02:59am

Pakistan

Above 65 barred and pilgrims to be quarantined after Hajj

KARACHI: As the countries across the globe have placed lockdowns and restricted public gatherings to avert the ...

Published 24 Jun, 2020 03:13am

Pakistan

68 officials test positive, one dies: Customs House becomes hot spot for Covid-19

KARACHI: Customs House Karachi is said to have become breeding ground for coronavirus as the Covid-19 positive cases...

Published 16 Jun, 2020 03:37am

Business & Finance

Auto market witnesses 75 percent YoY decline in sales

KARACHI: With the sales of 4,473 units, the auto market has witnessed a decline of 75 percent YoY in May-2020....

Published 12 Jun, 2020 03:07am

Business & Finance

RRP meeting discusses VSS in PIA

KARACHI: Discussion over Voluntary Separation Scheme (VSS) in Pakistan International Airlines (PIA) has been...

Published 09 Jun, 2020 03:06am

Pakistan

The decoding of PK8303 black box starts in France

KARACHI: The process of 'Black Box' decoding of ill-fated flight PK 8303 of Pakistan International Airlines (PIA) ...

Published 04 Jun, 2020 03:44am

AAIB begins reassembling parts of ill-fated plane

Aircraft Accident Investigation Board (AAIB) has started reassembling the parts of ill-fated A320 aircraft of Pakistan International Airlines (PIA) in the designated hanger at Jinnah International Airport (JIAP) to ascertain the causes behind the deadly c

Published 31 May, 2020 12:04am

International flights resume

The government of Pakistan has permitted all national and foreign carriers to resume its scheduled/non-scheduled and charter operations with effect from one minute to last midnight.

Published 30 May, 2020 12:06am

Pakistan

Cockpit voice recorder of PK-8303 found after six days

The cockpit voice recorder of the unfortunate A320 aircraft of Pakistan International Airlines (PIA) has been found under debris after six days.

Published 29 May, 2020 12:05am

Cockpit voice recorder yet to be found

The cockpit voice recorder (CVR) of the ill-fated A320 (PK-8303) of Pakistan International Airlines (PIA), which is one of the vital parts in air crash investigation, is yet to be found. This development is said to have necessitated extension in stay of t

Published 28 May, 2020 12:03am

Airbus team examines crash site

An eleven-member team from the Airbus company arrived here on Tuesday from France to assist the Aircraft Accident and Investigation Board (AAIB) in the investigation into the crash of flight PK-8303.

Published 27 May, 2020 12:06am

Government promises 'transparent' plane probe

Federal Minister for Aviation Ghulam Sarwar Khan Saturday said that efforts are being made to complete the investigation report of flight PK8303 crash within three months.

Published 24 May, 2020 12:01am

Tragedy hits Karachi days before Eid

A Pakistan International Airline (PIA) Airbus A320 flying from Lahore on Friday crashed into a densely-populated residential colony near the Jinnah International Airport, killing at least 60 people. Luckily, two passengers, the CEO of Bank of Punjab, Zafa

Published 23 May, 2020 12:06am

PIA plane crash: Palpa for involving ICAO, IFALPA into probe

Pakistan Airline Pilots' Association (Palpa) has raised serious reservations over the ability of Safety Investigation Board (SIB) for air crash investigation, demanding involvement of International Civil Aviation Organization (ICAO) and International Fede

Published 23 May, 2020 12:06am

NBP shuts Customs House branch after discovery of Covid-19 case

National Bank Pakistan (NBP) has shut its customs house branch on Monday after the discovery of Covid-19 case.

Published 28 Apr, 2020 12:54am

Pakistan

PIA may operate direct flights to bring back Pakistanis from US

Pakistan International Airline (PIA) is likely to operate direct flights to New York and Washington DC for repatriating stranded Pakistanis from United States.

Published 25 Apr, 2020 06:43am

Gwadar port: Import & transit movement of Afghan cargoes allowed

Ministry of Commerce (MoC) has allowed the import and transit movement of Afghan bulk cargoes of wheat, sugar and fertilizers at Gwadar port. According to the official document, the decision was taken on the requests of Federation of Pakistan Chambers of

Published 22 Apr, 2020 02:52am

Wheat & sugar crisis: AGP to conduct audit to ascertain facts

Auditor General of Pakistan (AGP) has decided to commence special audit to ascertain the facts behind wheat and sugar crisis.

Published 21 Apr, 2020 03:03am

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 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	49.95 ▲ 4.54 (10.00%)
Liven Pharma / Dec 23 Liven Pharma Limited(LIVEN)	93.57 ▲ 8.51 (10.00%)

Stock	Price
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.99 ▼ -1.52 (-9.80%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.55 ▼ -2.63 (-8.71%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.61 ▼ -0.78 (-6.85%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	39.45 ▼ -2.46 (-5.87%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6.16 ▼ -0.38 (-5.81%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.55 ▼ -0.64 (-5.72%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.08
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.12
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.89
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.43
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.04
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.08
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.11
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.95

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