News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Pakistan

Report to be released on 24th: Pakistan may achieve high ranking on EODB Index

The federal government is expected to achieve high ranking in the Ease of Doing Business (EODB) Report 2020 to be released on October 24, 2019. Officials in the Board of Investment (BoI) expressed hope that Pakistan would improve its ranking on the EODB I

Published 22 Oct, 2019 12:00am

Pakistan

Executive depts, autonomous bodies: PM's task force for retaining 324 OEs

Prime Minister's Task Force on Austerity and Government Restructuring has recommended that the federal government would retain 324 organizational entities (OEs) under two broad categories, ie, executive departments (87) and autonomous bodies (237) out of

Published 19 Oct, 2019 12:00am

Executive depts, autonomous bodies: PM's task force for retaining 324 OEs

Published 19 Oct, 2019 12:00am

Incentives to SEZs under CPEC being revisited

The government is revisiting incentives to Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC) and has initiated a consultative process to identify and resolve all pending issues, sources revealed.

Published 17 Oct, 2019 12:00am

Pakistan

Incentives to SEZs under CPEC being revisited

Published 17 Oct, 2019 12:00am

Employees of NA Secretariat: NA body irked over delay in delivery of plots' possession

The National Assembly Standing Committee on House and Library expressed its concerns over inordinate delay in handing over the possession of plots to the employees of National Assembly Secretariat by the management of Federal Government Employees Cooperat

Published 15 Oct, 2019 12:00am

AGP advised not to carry out audit of Ogra's regulatory functions

Law and Justice Ministry has advised the Auditor General of Pakistan (AGP) not to carry out an audit of the regulatory functions of Oil and Gas Regulatory Authority (Ogra) in future. Law and Justice Ministry wrote to AGP on Wednesday endorsing Ogra's requ

Published 11 Oct, 2019 12:00am

Pakistan

Global Competitiveness Report 2019: Pakistan's ranking drops

Pakistan's ranking on the 'Global Competitiveness Report 2019' dropped to 110th during the tenure of Pakistan Tehreek-e-Insaf (PTI) government from 107th recorded during Pakistan Muslim League-Nawaz tenure. The World Economic Forum (WEF) released the Glob

Published 10 Oct, 2019 12:00am

Global Competitiveness Report 2019: Pakistan's ranking drops

Published 10 Oct, 2019 12:00am

Pakistan

Pakistan’s ranking drop on Global Competitiveness report 2019

The World Economic Forum released the Global Competitiveness Report 2019’ on Wednesday. Pakistan has been rank

Published 09 Oct, 2019 09:51am

PTI government 'versus' bureaucracy: Stay orders remain in full force, effect

Stay orders remain in full force and effect against removal of several heads of key entities by the Khan administration. On June 14, The Islamabad High Court issued a stay order against the federal government's notification removing former federal tax omb

Published 06 Oct, 2019 12:00am

Markets

PTI government 'versus' bureaucracy: Stay orders remain in full force, effect

Published 06 Oct, 2019 12:00am

Business & Finance

PTI government 'versus' bureaucracy: Stay orders remain in full force, effect

Published 06 Oct, 2019 12:00am

Markets

PTI government 'versus' bureaucracy: Stay orders remain in full force, effect

Published 06 Oct, 2019 12:00am

OGRA notifies increase in LPG prices

The Oil and Gas Regulatory Authority (OGRA) has notified an increase in the prices of domestic 11.8kg liquefied petroleum gas (LPG) cylinder by Rs 147.87 and commercial cylinder by Rs 569 for October. In monthly review, the OGRA notified increase in price

Published 01 Oct, 2019 12:00am

POL prices remain unchanged

The federal government has decided to maintain the prices of petroleum products for the months of October and refused to pass on relief to general public, recommended by Oil and Gas Regulatory Authority (Ogra). In a late night press release, Finance Divis

Published 01 Oct, 2019 12:00am

POL prices remain unchanged

Published 01 Oct, 2019 12:00am

Up to 2.5 percent cut in POL products for October likely

Oil and Gas Regulatory Authority (Ogra) on Friday recommended up to 2.5 percent reduction in the prices of petroleum products for October 2019. In a monthly review of the month, Oil and Gas Regulator has recommended slashing motor spirit (MS) price by Rs

Published 28 Sep, 2019 12:00am

Up to 2.5 percent cut in POL products for October likely

Published 28 Sep, 2019 12:00am

Markets

CNG sector allowed to use surplus LNG capacity

The government has allowed compressed natural gas (CNG) sector to utilize LNG surplus capacity to maintain CNG price below petrol price and reduce per day capacity charges to LNG terminals. Universal Gas Distribution Company (UGDC) owned by CNG sector wil

Published 27 Sep, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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