News stories for Zaheer Abbasi

Zaheer Abbasi

Business & Finance

Performance of SOEs: Process of hiring CMU initiated by MoF

ISLAMABAD: The Ministry of Finance has started the process for hiring of Central Monitoring Unit (CMU), which will ...

Published 06 Aug, 2022 04:02am

Russian side may be offered import of wheat at $390 per MT

TCP initiated process of importing wheat from Russia after ECC meeting in May

Updated 06 Aug, 2022 09:52am

Pakistan

PM orders release of Rs5bn to NDMA

Says government has to help people above its party interests

Updated 06 Aug, 2022 12:00pm

Fixed tax regime: Decision deferred for a year: Miftah

ISLAMABAD: The government has decided to reverse the decision of the fixed tax regime on electricity bills for a...

Updated 05 Aug, 2022 11:14am

Rs30bn additional taxes to be finalised soon: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Thursday said additional taxes to the tune of Rs30 billion...

Updated 05 Aug, 2022 11:40am

Petroleum prices: Finance hints at making changes, adjustments on weekly basis

ISLAMABAD: The Finance Ministry has hinted at making changes/adjustment in petroleum prices on a weekly basis ...

Updated 05 Aug, 2022 12:01pm

Mobile broadband services: 2,100 MHz band to be auctioned

ISLAMABAD: The meeting of the Spectrum Auction Advisory Committee has unanimously decided to go for auction for ...

Updated 04 Aug, 2022 09:53am

Miftah meets small traders: Govt likely to review ‘fixed tax’ imposition decision

ISLAMABAD: Finance Minister Miftah Ismail, Tuesday, assured the Chambers of Small Traders and Small Industry (CSTSI)...

Updated 03 Aug, 2022 10:02am

Subsidized power to export-oriented sectors: PD says it needs Rs77.9bn

ISLAMABAD: The Finance Ministry would be required to provide Rs77.9 billion to the Power Division if it wanted to...

Updated 02 Aug, 2022 09:39am

Business & Finance

Electricity bills: Traders protest against imposition of ‘fixed tax’

ISLAMABAD: Traders Monday warned the government of a country-wide shutter-down strike on August 17, if the issue of...

Updated 02 Aug, 2022 10:17am

Rs20bn supplementary grant for PSO approved by ECC

ISLAMABAD: An urgently convened meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs...

Updated 01 Aug, 2022 09:48am

Cabinet approves hike in petroleum dealers’ margin

ISLAMABAD: The federal cabinet has reportedly approved an increase in dealers’ margin to Rs7 per litre on the ...

Updated 31 Jul, 2022 09:38am

Business & Finance

ECC decides to shift fertilizer, Agritech plants to gas

Units want revision of variable contribution margin (VCM) of Rs186 per bag, capping of GST

Updated 30 Jul, 2022 11:49am

Import of wheat approved: ECC lifts import ban on all items except CBUs, home appliances

Gives approval for an increase in petroleum dealers margin by Rs7 per litre both on petrol and diesel from Rs4.90 per litre and Rs4.13 per litre

Updated 29 Jul, 2022 09:42am

MoF depicts a bleak picture of economy

ISLAMABAD: The Finance Division has emphasized the intense need for a successful completion of the International...

Updated 29 Jul, 2022 09:20am

SOEs’ sell-off: Govt needs to come up with better law: Miftah

Criticises current privatization law for not allowing privatization of entities that are in pipeline

Updated 28 Jul, 2022 10:00am

Power supply to export sectors at low rates: More funding contingent on IMF’s consent, ECC told

Energy Ministry seeks views of Finance Division on proposal for providing electricity at 9 cents per kWh

Updated 27 Jul, 2022 09:50am

Five export-oriented sectors: ECC decides to increase RLNG rate to $9 per MMBTU

Approval increase in indigenous gas price for general industry at Rs1,550 per MMBTU

Updated 26 Jul, 2022 09:22am

Appointment of new SBP governor: six names under consideration

Miftah said full term governor will be appointed

Updated 26 Jul, 2022 09:53am

‘Falling forex reserves, growing political instability detrimental to economy’

ISLAMABAD: Pakistan’s economy faces serious challenges due to fast decreasing foreign exchange reserves and...

Updated 24 Jul, 2022 02:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 10	280.13
USD PKR Interbank Buying / Mar 10	279.93
USD to Japanese Yen / Mar 10	147.11
USD to Swiss Franc / Mar 10	0.88
Pound Sterling to USD / Mar 10	1.29
Euro to USD / Mar 10	1.09
UK LIBOR % / Mar 10	4.96

Stock	Volume
S&P 500 / Mar 10	5,614.56
India Sensex / Mar 10	73,743.88
Tokyo Nikkei / Mar 10	36,382.57
Nasdaq / Mar 10	17,468.32
Hang Seng / Mar 10	23,604.44
FTSE 100 / Mar 10	8,600.22
Dow Jones / Mar 10	41,911.71
Germany DAX 30 / Mar 10	22,620.95
France CAC40 / Mar 10	8,047.60

Item	Value
Crude Oil USD/Barrel / Mar 10	65.99
Karachi Cotton PKR/37.32 KG / Mar 10	17,585
Gold 10 Grams PKR / Mar 10	262,345
Gold Spot USD/Ounce / Mar 10	2,896.17
Cotton US¢/pound / Mar 10	65.68
Petrol/Litre / Mar 11	255.63
Diesel/Litre / Mar 11	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 11 The Pakistan General Insurance Co. Ltd.(PKGI)	9.84 ▲ 0.99 (11.19%)
Pak. P.V.C. / Mar 11 Pakistan PVC Limited(PPVC)	9.92 ▲ 0.92 (10.22%)
Macter Int. Ltd / Mar 11 Macter International Limited(MACTER)	355.73 ▲ 32.34 (10%)
Hussain Industries / Mar 11 Husein Industries Limited(HUSI)	28.39 ▲ 2.58 (10%)
Barkat Frisian Agro / Mar 11 Barkat Frisian Agro Limited(BFAGRO)	24.22 ▲ 2.2 (9.99%)
Idrees Tex. / Mar 11 Idrees Textile Mills Limited(IDRT)	19.61 ▲ 1.78 (9.98%)
Reliance Cotton / Mar 11 Reliance Cotton Spinning Mills Limited(RCML)	548 ▲ 48.48 (9.71%)
Next Capital / Mar 11 Next Capital Limited(NEXT)	9.70 ▲ 0.76 (8.5%)
Dawood Equities / Mar 11 Dawood Equities Limited(DEL)	9.29 ▲ 0.65 (7.52%)
Sally Textile / Mar 11 Sally Textile Mills Limited(SLYT)	9.74 ▲ 0.68 (7.51%)

Stock	Price
786 Invest Ltd / Mar 11 786 Investments Limited(786)	8.31 ▼ -0.97 (-10.45%)
Khalid Siraj / Mar 11 Khalid Siraj Textile Mills Limited(KSTM)	9.02 ▼ -1 (-9.98%)
F.Credit & Inv / Mar 11 First Credit and Investment Bank Limited(FCIBL)	6.76 ▼ -0.59 (-8.03%)
Power Cem(Pref) / Mar 11 Power Cement (Pref)(POWERPS)	13.30 ▼ -1.16 (-8.02%)
Ghazi Fabrics / Mar 11 Ghazi Fabrics International Limited(GFIL)	6.93 ▼ -0.54 (-7.23%)
Noon Sugar / Mar 11 Noon Sugar Mills Limited(NONS)	73.52 ▼ -5.48 (-6.94%)
Shaheen Ins. / Mar 11 Shaheen Insurance Company Limited(SHNI)	6.50 ▼ -0.45 (-6.47%)
Equity Modaraba / Mar 11 First Equity Modaraba(FEM)	3 ▼ -0.17 (-5.36%)
Bawany Air Products / Mar 11 Bawany Air Products Limited(BAPL)	26 ▼ -1.45 (-5.28%)
LSE Capital / Mar 11 LSE Capital Limited(LSECL)	5.20 ▼ -0.25 (-4.59%)

Stock	Volume
Power Cement / Mar 11 Power Cement Limited(POWER)	24,823,328 ▼ -0.16
Fauji Cement / Mar 11 Fauji Cement Company Limited(FCCL)	22,194,869 ▼ -0.51
Maple Leaf Cement / Mar 11 Maple Leaf Cement Factory Limited(MLCF)	19,750,525 ▼ -1.03
B.O.Punjab / Mar 11 The Bank of Punjab(BOP)	19,550,989 ▲ 0.19
Sui South Gas / Mar 11 Sui Southern Gas Company Limited(SSGC)	17,959,994 ▼ -0.6
K-Electric Ltd. / Mar 11 K-Electric Limited(KEL)	16,661,305 ▼ -0.04
WorldCall Telecom / Mar 11 Worldcall Telecom Limited(WTL)	11,985,116 ▼ -0.03
At-Tahur Ltd. / Mar 11 At-Tahur Limited(PREMA)	11,338,540 ▲ 0.58
D.G.K.Cement / Mar 11 D.G. Khan Cement Company Limited(DGKC)	9,171,488 ▼ -0.35
Dewan Cement / Mar 11 Dewan Cement Limited(DCL)	7,841,983 ▼ -0.13

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