News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Letter written to Naqvi: Foreign investors face security clearance roadblock: PTBA

KARACHI: The government has reportedly started rejecting the security clearance of foreign investors. The Pakistan...

Updated 24 Jan, 2025 09:13am

Pakistan

New Gwadar international airport starts operations

ISLAMABAD/KARACHI: The New Gwadar International Airport (NGIAP) on Monday commenced commercial operations with the...

Published 21 Jan, 2025 06:12am

Business & Finance

New tracking devices: Bonded carriers face additional burden of over Rs300m

KARACHI: Pakistan’s transit trade sector faces unprecedented turmoil as bonded carriers are forced to bear an...

Published 20 Jan, 2025 05:31am

PIA sees Rs107m revenue on direct flight to Paris

KARACHI: Pakistan International Airlines (PIA) is set to generate sizeable revenue of over Rs 107 million on its...

Updated 10 Jan, 2025 08:44am

‘Fake’ imports of solar panel: PCA unearths Rs106bn money laundering

KARACHI: Post Clearance Audit (PCA), South has uncovered another massive money laundering scam involving Rs 106...

Updated 10 Jan, 2025 08:43am

Pakistan

PCAA making efforts to mitigate shortage of pilots

KARACHI: Pakistan Civil Aviation Authority (PCAA) has partnered with international training organisations to meet ...

Published 01 Jan, 2025 03:03am

PCA unearths Rs2.4bn tax fraud ‘committed’ by cement maker

KARACHI: The Post Clearance Audit (PCA) South has detected a tax fraud amounting to Rs. 2.4 billion against a...

Updated 30 Dec, 2024 09:23am

Investments in real estate: Overseas Pakistanis now eligible for exemption from higher tax rates

KARACHI: In a significant move to attract foreign investments in the real estate sector, overseas Pakistanis are now...

Updated 27 Dec, 2024 03:15pm

Business & Finance

PCA South uncovers Rs340m tax fraud

KARACHI: The Post Clearance Audit (PCA) South has exposed a massive financial fraud involving a phantom company that...

Updated 23 Dec, 2024 09:47am

Pakistan

First Travel Store launched in Karachi: Emirates welcomes EU flight resumption

KARACHI: Emirates welcomes the resumption of direct flights between Pakistan and the EU, viewing it as a catalyst ...

Published 20 Dec, 2024 02:43am

Rs1.8m GST cuts on services: FBR and top CA firm at loggerheads

KARACHI: The Federal Board of Revenue (FBR) and a top Chartered Accountants (CA) firm are at loggerheads over Rs.1.8...

Updated 17 Dec, 2024 03:23pm

Significant breakthrough: US FAA likely to resume flight operations

KARACHI: Pakistan’s aviation sector is poised for a significant breakthrough as discussions progress with the US...

Updated 13 Dec, 2024 09:12am

Flight resumption: UK’s go-ahead likely by first quarter of 2025

KARACHI: Pakistan is likely to get a go-ahead from British aviation authorities to resume flight operations by first...

Updated 11 Dec, 2024 09:24am

New Gwadar International Airport: PAA all set to start operations next month

KARACHI: Pakistan Airports Authority (PAA) is all set to commence flights operations at the New Gwadar International...

Updated 11 Dec, 2024 09:01am

‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud

KARACHI: The Federal Board of Revenue (FBR) has reportedly halted investigations into an alleged Rs11 billion tax...

Updated 10 Dec, 2024 03:25pm

Business & Finance

PIA to resume flights to Europe on Jan 10

KARACHI: Pakistan International Airlines (PIA) will resume twice-weekly flights between Islamabad and Paris starting...

Published 07 Dec, 2024 06:51am

European Union lifts ban on PIA

KARACHI: The European Union Aviation Safety Agency (EASA) has officially lifted its ban on Pakistan International...

Updated 30 Nov, 2024 03:13pm

PTI’s tree tsunami programme: Audit exposes Rs5.2bn mismanagement

KARACHI: A recent special audit of Auditor General of Pakistan (AGP) has uncovered serious deficiencies in PTI’s...

Updated 27 Nov, 2024 09:27am

Pakistan

Tech and security infrastructure: Karachi Safe City project to be completed by 3Q2025: NRTC official

KARACHI: The first phase of the Karachi Safe City Project is scheduled to be completed by the third quarter of 2025,...

Published 22 Nov, 2024 03:03am

Business & Finance

KS&EWL to deliver 1st container ship to PNSC next year

KARACHI: Karachi Shipyard & Engineering Works Limited (KS&EWL) is set to deliver its first container ship to...

Published 21 Nov, 2024 08:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	154.72
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20
France CAC40 / Jan 30	7,941.64
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Petrol/Litre / Jan 31	256.13
Crude Oil USD/Barrel / Jan 31	72.68
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,793
Diesel/Litre / Jan 31	260.95

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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