News stories for Muhammad Shafa

Muhammad Shafa

Waseem strips Kamal of PDG responsibility: Karachi turns into the armpit of country

"Status quo" apparently continues to prevail about lifting of garbage from streets and roads of metropolis after Mayor Karachi Wasim Akhtar and Pak Sarzameen Party (PSP) Chief Syed Mustafa Kamal stood apart due to breakdown of arrangement to clean the cit

Published 28 Aug, 2019 12:00am

Sindh government criticises Karachi mayor for making controversial call

Mayor Karachi Waseem Akhtar on Tuesday asked Karachiites not to pay taxes to the Sindh government for its alleged failure to meet people's civic needs. The unexpected statement from him came at a time when Karachi Metropolitan Corporation (KMC) is already

Published 21 Aug, 2019 12:00am

Sindh government criticises Karachi mayor for making controversial call

Published 21 Aug, 2019 12:00am

Business & Finance

Hubco declares Commercial Operations Date (COD) for its Chinese joint venture

KARACHI: China Power Hub Generation Company (CPHGC) – a joint venture between The Hub Power Company Ltd. (HUBCO) a

Published 19 Aug, 2019 09:20am

Karachiites apprehend more sufferings during second spell of monsoon

Karachiites fear more sufferings in second spell of monsoon expected from Saturday (today), due to lack of coordination and blame game amongst all civic agencies to take the ownership of the city in this emergency like situation. The first phase of Federa

Published 10 Aug, 2019 12:00am

Centre-sponsored 'Clean Karachi' drive kicks off

The 'Clean Karachi' campaign by federal government began, here on Sunday. Over 15,000 volunteers are likely to participate in the drive to help local bodies for removal of thousands of tons of garbage from the port city with the largest population in the

Published 05 Aug, 2019 12:00am

10 killed: rains bring life to a halt in Karachi

At least ten people, including a teenage girl, were killed in rain-related incidents after rains played havoc with normal life in Karachi on Monday. The downpour virtually brought life to a halt as commercial markets, shopping centers, educational institu

Published 30 Jul, 2019 12:00am

10 killed: rains bring life to a halt in Karachi

Published 30 Jul, 2019 12:00am

Business & Finance

Police issues alternate traffic plan as opposition holds public meeting at Bagh-e-Jinnah

KARACHI: The city police has chalked out alternate traffic plan as the joint opposition parties led by Pakistan Peo

Published 25 Jul, 2019 11:49am

KMC fails to make costly machinery operational for municipal services

Costly machinery and vehicles seem to have been abandoned at KMC's Mewa Shah machinery pool to turn them into scrape within next few months. This was what Business Recorder witnessed during a visit there on Tuesday. The rusted non-operational machi

Published 24 Jul, 2019 12:00am

Taiser Town Phase-II balloting: MDA web portal fails to update applicants

The applicants have slammed the Malir Development Authority for keeping them unaware of details of balloting for 'Taiser Town Phase-II' scheme's residential plots. In spite of balloting, applicants cannot know if they are named among those fortunate peopl

Published 20 Jul, 2019 12:00am

KCR's revival plan hangs in the balance

The plan for revival of Karachi Circular Railways (KCR) continues to hang in the balance in spite of the Supreme Court's directives because no stakeholders seem to own this multi-billion public sector project so far. Sources at Karachi Urban Transport Cor

Published 19 Jul, 2019 12:00am

MTTP to observe strike across country today

Markazi Tanzeem-e-Tajran Pakistan (MTTP), a trade body comprising of various associations, on Friday announced to observe a countrywide token commercial strike on Saturday (today) to protest against non-acceptance of its charter of demand by the federal g

Published 13 Jul, 2019 12:00am

'KMC's average monthly power consumption stands at around Rs 50 millions'

Karachi Metropolitan Corporation (KMC), which claims to have empty kitty to run civic services, appears generous by allowing 'unauthorised free electricity' to its residential colonies, bringing its monthly power consumption up to around Rs 50 million; it

Published 09 Jul, 2019 12:00am

Inaugural YahClick Invitational Golf opens in Karachi

YahClick, the satellite broadband service of UAE-based global satellite operator Yahsat and its partner Hughes Network Systems, held its inaugural YahClick Invitational Golf Tournament on Sunday. Hosted at Karachi Golf Club, the annual tournament brought

Published 08 Jul, 2019 12:00am

'Prostitution gang' busted

Law enforcement agencies on Friday busted a gang allegedly involved in forced prostitution. It was allegedly being patronized by a local leader of a political party after the recovery of a missing teenaged girl. Investigation officer of Darakshan police s

Published 06 Jul, 2019 12:00am

Business & Finance

K-Electric reports PKR 10.4 billion profit for the FY2017

KARACHI: The Board of Directors of K-Electric Limited in its meeting held on July 04, 2019 at KE head office, appro

Published 05 Jul, 2019 09:42am

Tug-of-war between KE, KMC intensifies

Tug of war between K-Electric and Karachi Metropolitan Corporation (KMC) is intensifying with each passing day as the civic body's anti-encroachment teams demolishing KE's office properties, whereas the power utility is disconnecting electricity of civic

Published 04 Jul, 2019 12:00am

JI won't become part of PPP, PML-N's politics: Siraj

Jamaat-e-Islami Pakistan (JI) chief Senator Sirajul Haq on Sunday said his party will not become part of the politics of Pakistan People's Party (PPP) and Pakistan Muslim League (PML-N) in their ongoing anti-government campaign. Addressing his party's pro

Published 01 Jul, 2019 12:00am

City Council approves budget at lawns as KE cuts KMC head office's electricity

The K-Electric disconnected power supply to head office of Karachi Metropolitan Corporation (KMC) due to non-payment of monthly electricity bills. It forced the council members to hold budget session outside the hall where they approved Rs 26.44 billion K

Published 29 Jun, 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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