News stories for Muhammad Shafa

Muhammad Shafa

Business & Finance

Utility getting ready to operate in competitive environment: KE has applied for ‘non-exclusive’ distribution licence: CEO

KARACHI: After enjoying status of the sole ‘vertically integrated’ power company for more than 100 years, K-Electric...

Updated 16 Feb, 2023 08:53am

Dar approves proposal to raise $2bn from expats

KARACHI: As Pakistan is grappled with economic challenges, Finance Minister Ishaq Dar Thursday approved a proposal...

Updated 03 Feb, 2023 08:58am

Markets

Discos inflict Rs170bn loss on exchequer

KARACHI: The national exchequer has to bear a whopping Rs 170 billion financial loss on account of low collection of...

Published 30 Jan, 2023 05:56am

Markets

KE pays Rs160m as penalty to Nepra

KARACHI: The K-Electric paid Rs 160 million out of a total of Rs 200 million as penalty imposed by the National...

Published 27 Jan, 2023 06:15am

Pakistan

Dhaka debacle termed huge blow to Pakistani art movement

KARACHI: The painter and art professor, Salima Hashmi, said that the separation of East Pakistan in 1971 shattered...

Published 23 Jan, 2023 06:42am

Business & Finance

LCs for additional mining equipment: SECMC seeks SBP’s approval

KARACHI: Sindh Engro Coal Mining Company (SECMC) has sought State Bank of Pakistan (SBP) approval for establishing...

Published 20 Jan, 2023 06:10am

Dollar manipulation: SBP concludes probe

KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved...

Updated 19 Jan, 2023 11:19am

PPP, JI claim victories: LG elections marred by low turnout

KARACHI: On Sunday the much delayed local bodies elections were held in Karachi, and Hyderabad divisions amid a...

Updated 16 Jan, 2023 11:27am

Business & Finance

PSQCA to get office space in Chaman

KARACHI: Pakistan Standards and Quality Control Authority (PSQCA) said on Friday that the Deputy Commissioner Chaman...

Published 14 Jan, 2023 06:22am

Business & Finance

Heimtextil-2023: Visa denial to rob exporters of orders worth millions of dollars

KARACHI: Pakistan is likely to lose export orders worth millions of dollars because a number of exporters intending...

Published 06 Jan, 2023 05:58am

Pakistan

Journalists urged to use RTI as tool for better reporting

KARACHI: Speakers at a journalists training session on Wednesday called for the implementation of Right to...

Published 29 Dec, 2022 05:59am

Markets

Pakistan has huge solar resource potential, media persons told

KARACHI: Netline Group of Companies, a family-owned energy solution provider in Pakistan, has grown up exponentially...

Published 27 Dec, 2022 06:07am

Pakistan

Four months on, many villages of Johi still submerged in floodwater

KARAHI: Over four months have passed, but the already vulnerable dwellers of Sindh’s Dadu district are still...

Published 26 Dec, 2022 05:48am

Business & Finance

FPCCI opposes early restaurant closure

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday objected the federal...

Published 21 Dec, 2022 06:55am

Pakistan

PSQCA to send cases of ‘dismissed employees’ to cabinet panel

KARACHI: Pakistan Standards & Quality Control Authority (PSQCA) board has now decided to send cases of some 22...

Published 13 Dec, 2022 07:50am

Pakistan

KMC going to auction six key parking spaces

KARAHI: Karachi Metropolitan Corporation (KMC) is going to start auction process of some six key parking locations...

Published 10 Dec, 2022 07:55am

Business & Finance

Debt market web portal likely to be launched soon: SBP

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Tuesday said that the central bank is currently...

Updated 07 Dec, 2022 11:55am

Pakistan

Flood-affected families: Lari plans to build emergency shelters for 1m households

KARACHI: Pakistan’s first female architect, and CEO of UN-recognized Heritage Foundation Pakistan Professor ...

Published 06 Dec, 2022 05:58am

Pakistan

In effort to curb street crimes, police introducing ‘smart car’

KARACHI: As street crime continued to skyrocket in the city during 2022, District South Police is going to introduce...

Published 02 Dec, 2022 07:41am

Pakistan

Cabinet has been asked to approve scheme: PQA plans to deepen port’s draft, widen its navigational channel

KARACHI: Chairman of the Port Qasim Authority Rear Admiral (retd) Syed Hasan Nasir Shah said on Wednesday that PQA ...

Published 01 Dec, 2022 05:47am

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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