News stories for Tahir Amin - Business Recorder

Tahir Amin

Business & Finance

Internal control lapses: Rs90m penalties on erring banks termed ‘peanuts’

ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties of Rs90 million on different banks and ...

Published 20 Dec, 2023 06:00am

World Bank projects drop in remittance flows

ISLAMABAD: The World Bank has projected a drop in remittance flows to Pakistan to $24 billion in 2023 and further...

Updated 19 Dec, 2023 09:32am

Business & Finance

FY 2023-24: IT, ITeS export remittances rise 6pc in five months

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre...

Published 19 Dec, 2023 05:20am

Business & Finance

Jul-Nov borrowing down $0.829bn to $4.285bn YoY

ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months...

Updated 19 Dec, 2023 09:41am

Pakistan

Sindh barrages project faces $72m financial gap

ISLAMABAD: The “Sindh Barrages Improvement Project” of worth $326.6 million is facing financing gap of about $72...

Updated 18 Dec, 2023 07:16am

Digital transformation, FDI: Important decisions being taken through SIFC: minister

ISLAMABAD: Federal Minister for Information Technology and Telecommunications, Dr Umar Saif has said that to pave ...

Updated 17 Dec, 2023 09:24am

Oct LSMI output down 4.08pc YoY

The LSMI quantum index number (QIM) estimated for October 2023 is 111.06

Updated 16 Dec, 2023 05:34pm

PTCL to acquire Telenor Pakistan’s operations

ISLAMABAD: Pakistan Telecommunication Com-pany Limited (PTCL), on Thursday, signed a share purchase agreement with...

Published 15 Dec, 2023 03:12am

World Bank says external debt stocks at $126.942bn by end 2022

ISLAMABAD: The World Bank (WB) has estimated Pakistan’s total external debt stocks at $126.942 billion by end 2022...

Updated 14 Dec, 2023 08:55am

ADB explains why recovery is still constrained

Says Pakistan’s inflation rate is expected to ease amid fiscal consolidation and monetary tightening

Updated 14 Dec, 2023 09:58am

Business & Finance

Fitch maintains foreign currency IDR rating at CCC

ISLAMABAD: Fitch rating agency maintained Pakistan’s long-term foreign-currency issuer default rating (IDR) at...

Published 14 Dec, 2023 05:24am

Pakistan

PTA unveils ‘Cyber Security Strategy’

ISLAMABAD: Pakistan Telecommunication Authority (PTA) while admitting an increase in cyber attacks complexity...

Published 13 Dec, 2023 05:33am

Business & Finance

OIC body, Huawei Technologies sign MoU to raise cybersecurity awareness

ISLAMABAD: The Ministerial Committee for Scientific and Technological Cooperation of the Organisation of Islamic...

Published 13 Dec, 2023 05:33am

Business & Finance

ADB approves $155m to help boost women’s access to finance

ISLAMABAD: The Asian Development Bank (ADB) has approved $155.5 million in financing for Pakistan that will support...

Published 12 Dec, 2023 05:28am

ECNEC approves 9 projects worth Rs371bn

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Monday approved nine projects of...

Updated 12 Dec, 2023 08:46am

Gas price strategy: PM-industrialists meeting remains inconclusive

ISLAMABAD: The meeting between the caretaker government and industrialists remained inconclusive in devising a...

Updated 12 Dec, 2023 09:53am

Business & Finance

Sindh’s integrated health, population project: World Bank rates implementation progress as ‘satisfactory’

ISLAMABAD: The World Bank (WB) has rated the overall implementation progress of the “Sindh Integrated Health and...

Published 11 Dec, 2023 06:41am

IMF scheduled to consider first review of $3bn SBA on Jan 11

ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under...

Updated 10 Dec, 2023 11:13am

Business & Finance

Voice and latency: CMOs miss some key performance indicators: PTA

ISLAMABAD: The cellular mobile operators (CMOs) have missed some of the key performance indicators (KPIs) set in...

Published 09 Dec, 2023 05:46am

5G will be arriving in July next year, says minister

ISLAMABAD: Caretaker Federal Minister of Information Technology and Telecommunication Dr Umar Saif on Friday...

Updated 09 Dec, 2023 09:02am

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 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.71 ▲ 0.44 (10.30%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
First Imrooz Mod. / Dec 23 First Imrooz Modaraba(FIMM)	220 ▲ 20.00 (10.00%)

Stock	Price
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.99 ▼ -1.52 (-9.80%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	39.44 ▼ -2.47 (-5.89%)
First IBL Mod. / Dec 23 First IBL Modaraba(FIBLM)	3.10 ▼ -0.18 (-5.49%)
Ghazi Fabrics / Dec 23 Ghazi Fabrics International Limited(GFIL)	9.50 ▼ -0.54 (-5.38%)
Imperial Limited / Dec 23 Imperial Limited(IML)	18.90 ▼ -1.07 (-5.36%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.79 ▼ -0.60 (-5.27%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.09
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.13
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.12
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.70
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.39
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.03
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.11
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.15
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.95

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