News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Shaikh to help resolve Etisalat dispute

The government of Pakistan Tehreek-e-Insaaf (PTI) will resume talks with the management of Dubai-based Etisalat for payment of outstanding dues under the newly-appointed Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Sh

Published 26 Apr, 2019 12:00am

Shaikh to help resolve Etisalat dispute

Published 26 Apr, 2019 12:00am

Shaikh to help resolve Etisalat dispute

Published 26 Apr, 2019 12:00am

Safeguards placed for local industries: Dawood

Beijing and Islamabad have agreed to enter into China-Pakistan Free Trade Agreement-II (CPFTA-II), which will be finalised during the four-day visit of Prime Minister Imran Khan to China. In a joint media briefing at the Board of Investment along with BoI

Published 24 Apr, 2019 12:00am

Safeguards placed for local industries: Dawood

Published 24 Apr, 2019 12:00am

Safeguards placed for local industries: Dawood

Published 24 Apr, 2019 12:00am

Business & Finance

There is zero tolerance against gas theft and line losses: Omar Ayub Khan

ISLAMABAD: Petroleum Minister Omar Ayub Khan on Tuesday said there is zero tolerance against gas theft and line los

Published 23 Apr, 2019 01:03pm

Sarwar refuses to take charge of aviation ministry

Former Minister for Petroleum Ghulam Sarwar Khan has reportedly refused to take charge as Minister for Aviation as notified on Thursday. Sources said that Ghulam Sarwar has requested Prime Minister that he be allowed to continue for four months to show an

Published 20 Apr, 2019 12:00am

Sarwar refuses to take charge of aviation ministry

Published 20 Apr, 2019 12:00am

BoI rejects Punjab government's seven proposals for setting up SEZs

Board of Investment (BoI) rejected seven proposals referred by Punjab government for setting up special economic zones (SEZs) with an investment of billions of rupees, documents available with this correspondent revealed.

Published 13 Apr, 2019 12:00am

Business & Finance

UAE’s Mubadla Group expresses interest in investing in Pakistan

ISLAMABAD: Chief Executive Officer (CEO) of Mubadla Petroleum, Musabbeh Al Kaabi called on the Federal Minister of Petro

Published 11 Apr, 2019 02:57pm

Ease of Doing Business Index: PTI government optimistic about improving ranking

The Pakistan Tehreek-e-Insaf (PTI) government has expressed hope that the measures taken in last eight months in collaboration with 30 federal and provincial organisations would help improve Pakistan's ranking on Ease of Doing Business Index. Foreign dire

Published 11 Apr, 2019 12:00am

PC to accord approval to various agenda items today

The Privatization Commission (PC) Board will give its approval to the signing of contract with Financial Advisor (FA) on privatization of two RLNG Power Plants and appointment of FA for SME Bank Limited in a meeting scheduled to be held today (Tuesday). S

Published 09 Apr, 2019 12:00am

Saudi Arabia, Malaysia offer LNG at cheaper rates: minister

The price of Liquefied Natural Gas (LNG) as per the 2016 deal signed with Qatargas for 15 years at 13.37 percent of Brent is considerably more expensive than what is available at spot rates today. Saudi Arabia and Malaysia offered LNG at relatively cheape

Published 30 Mar, 2019 12:00am

Saudi Arabia, Malaysia offer LNG at cheaper rates: minister

Published 30 Mar, 2019 12:00am

Saudi Arabia, Malaysia offer LNG at cheaper rates: minister

Published 30 Mar, 2019 12:00am

RLNG-based power plants: Senate panel voices concern over financial adviser's selection criteria

A parliamentary panel has shown reservations over hiring process of financial adviser (FA) as transaction manager for privatisation of two RLNG-based power plants, i.e, 1230MW Haveli Bahadur Shah and 1223MW Balloki. The Senate Standing Committee on Privat

Published 29 Mar, 2019 12:00am

Business & Finance

Parliamentary panel raise concerns over privatisation of RLNG power plants

ISLAMABAD— A parliamentary panel has shown reservations over hiring process of Financial Advisor (FA) as transaction man

Published 28 Mar, 2019 10:02am

Gas utilities to reimburse consumers for inflated bills

Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) would reimburse to gas consumers against inflated gas bills due to application of gas pressure factor but those consumers who paid higher gas bills due to revision in

Published 27 Mar, 2019 12:00am

Gas utilities to reimburse consumers for inflated bills

Published 27 Mar, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.03
USD PKR Interbank Buying / Mar 7	279.78
USD to Japanese Yen / Mar 7	147.73
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 6	5,738.52
Nasdaq / Mar 6	18,069.26
Dow Jones / Mar 6	43,579.08
India Sensex / Mar 7	74,478.53
Tokyo Nikkei / Mar 7	36,894.23
Hang Seng / Mar 7	24,558.34
FTSE 100 / Mar 7	8,631.91
Germany DAX 30 / Mar 7	23,117.01
France CAC40 / Mar 7	8,112.97

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 6	17,785
Gold 10 Grams PKR / Mar 6	260,630
Crude Oil USD/Barrel / Mar 7	66.30
Gold Spot USD/Ounce / Mar 7	2,907.79
Cotton US¢/pound / Mar 7	65.05
Petrol/Litre / Mar 8	255.63
Diesel/Litre / Mar 8	258.64

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

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