News stories for Tahir Amin - Business Recorder

Tahir Amin

Business & Finance

LoI to IMF: govt pledges fiscal discipline

ISLAMABAD: The government has committed to the International Monetary Fund (IMF) that it would contain non-priority...

Published 12 Oct, 2024 06:17am

Markets

Weekly SPI inflation down 0.08pc

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended October 10, 2024 decreased by 0.08 per...

Published 12 Oct, 2024 06:17am

Govt commits to IMF: Policy rate to go up if inflation rises

ISLAMABAD: The government has committed to the International Monetary Fund (IMF) to increase policy rate if new...

Updated 12 Oct, 2024 09:28am

Business & Finance

Implementing reforms can hike growth 2pc over 5 years: IMF

ISLAMABAD: The combined impact of consistent implementation of fiscal-structural, labour market, trade, and...

Published 12 Oct, 2024 06:17am

Business & Finance

ECC allows additional export of surplus sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed additional export of 0.500 million MT of...

Published 12 Oct, 2024 06:17am

Business & Finance

4.7pc of GDP: IMF projects external financing needs for FY25 at $18.813bn

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $18.813...

Updated 12 Oct, 2024 10:04pm

Pakistan

High energy prices hitting the poor hardest: World Bank

ISLAMABAD: The World Bank has revealed that high energy prices in Pakistan disproportionately impact the poor, as...

Published 11 Oct, 2024 06:30am

Pakistan

PM’s Relief Fund for Gaza, Lebanon notified

ISLAMABAD: The government has notified the establishment/ opening of Prime Minister’s Relief Fund for Gaza and...

Published 10 Oct, 2024 03:03am

World Bank pledges $2bn to help govt respond to 2022 floods

ISLAMABAD: The World Bank (WB) had pledged $2 billion, including $1.55 billion for new projects, as support to help...

Updated 09 Oct, 2024 09:04am

Strike and strife cost economy Rs190bn a day: minister

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that national economy suffered cumulative losses of...

Updated 09 Oct, 2024 08:53am

Business & Finance

Jazz to completely phase out 3G services by Nov

ISLAMABAD: In a significant move for Pakistan’s digital landscape, Jazz is set to become the first telecom ...

Published 09 Oct, 2024 06:26am

Telecom services deteriorate as CMOs meet KPIs partially

ISLAMABAD: Amid deteriorating telecom services in the country, Cellular Mobile Operators (CMOs) partially met key...

Updated 08 Oct, 2024 09:24am

World Bank rates $400m education project as satisfactory

ISLAMABAD: The World Bank has rated the implementation progress of the “Higher Education Development in Pakistan...

Updated 06 Oct, 2024 01:22pm

Weekly SPI inflation up 0.44pc

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended October 03, 2024 increased by 0.44 per...

Updated 05 Oct, 2024 02:43pm

World Bank places Pakistan in 4th quintile

With respect to operational efficiency, Pakistan with a score of 65.90 is placed in the third quintile i.e. these economies exhibit a mix of strengths and weaknesses in their business environment

Updated 05 Oct, 2024 12:52pm

Technology

Internet speed: Repeated reassurances done little to restore confidence

ISLAMABAD: Repeated reassurances from authorities regarding improving internet speed in the country have done little...

Published 04 Oct, 2024 08:04am

Pakistan

Business & Finance

Jazz chief terms Telenor-PTCL merger as significant development

ISLAMABAD: Jazz CEO Aamir Ibrahim stressed the importance of healthy competition and market repair to drive...

Updated 04 Oct, 2024 11:09am

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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