News stories for Fazal Sher - Business Recorder

Fazal Sher

NAB acquiesces to indemnity bond move

The National Accountability Bureau (NAB) has said that the government may take any decision on its discretion with respect to removal of Nawaz Sharif's from exit control list (ECL) but it should evolve a mechanism to ensure that if Sharif is permitted to

Published 15 Nov, 2019 12:00am

Zardari's plea rejected

The Accountability Court hearing multibillion rupees fake bank accounts case against former president Asif Ali Zardari and his sister Faryal Talpur on Tuesday rejected Zardari's plea seeking medical treatment of his choice in Karachi.

Published 13 Nov, 2019 12:00am

Pakistan

Roshan Sindh project scam: another accused ready to become approver

The Accountability Court hearing the multibillion rupees fake bank accounts case was informed on Monday by National Accountability Bureau (NAB) that another accused of Roshan Sindh project scam has expressed his desire to become an approver against other

Published 12 Nov, 2019 12:00am

Pakistan

Illegal allotment of welfare plot case: AC permits NAB to file supplementary reference till November 29

The Accountability Court hearing the multibillion rupees fake bank accounts case again granted time to the National Accountability Bureau (NAB) on Friday for filing a supplementary reference in the illegal allotment of a welfare plot case till November 29

Published 09 Nov, 2019 12:00am

Pakistan

Auction of properties: AC rejects plea of Dar's wife

The Accountability Court hearing a corruption case against former finance minister Ishaq Dar on Thursday rejected Tabassum Ishaq Dar's plea and allowed National Accountability Bureau (NAB) to auction Dar's movable and immovable properties.

Published 08 Nov, 2019 12:00am

Business & Finance

Cotton yield target likely to be revised down

The government is likely to revise down country's cotton production target of 10.2 million bales for the current season 2019-20 owing to increased moisture level in the produce following recent rains which will further deteriorate cotton lint quality.

Published 07 Nov, 2019 12:00am

Pakistan

Dar's extradition: UK government to consider Pakistan's request on case-to-case basis

Following refusal of Interpol to issue red notice to former finance minister Ishaq Dar, the government has begun to explore the possibility of his extradition from the UK as the UK government had previously stated that it would consider Pakistan's request

Published 06 Nov, 2019 12:00am

Pakistan

Illegal appointment: NAB summons OGDCL officials today

National Accountability Bureau (NAB) has summoned managing director (MD) of Oil and Gas Development Company (OGDCL) and its board members in illegal appointment at executive management level in the OGDCL case.

Published 06 Nov, 2019 12:00am

Pakistan

Azadi March turned sit-in People suffer owing to restricted entry into Red Zone

The restricted entry to Red Zone which houses all ministries, the apex court, parliament, Federal Board of Revenue and the Diplomatic Enclave which houses most of the embassies in the wake of security arrangements for the ongoing Jamiat Ulema-e-Islam-Faza

Published 06 Nov, 2019 12:00am

Pakistan

Pink Residency reference: NAB directed to ensure presence of all accused on 20th

An Accountability Court hearing multibillion rupees fake bank accounts case on Monday ordered to ensure presence of all the accused in the Pink Residency reference on the next hearing to be held on November 20.

Published 05 Nov, 2019 12:00am

Pakistan

JUI-F decides to convene APC today

Jamiat Ulema Islam Fazl (JUI-F) has decided to convene an all-party conference today (Monday) of the opposition political parties to chalk out future course of action jointly against the PTI government, as government has plainly rejected the two key deman

Published 04 Nov, 2019 12:00am

Nawaz's name still on ECL

The name of former Prime Minister Nawaz Sharif is still on the exit control list (ECL) to whom Islamabad High Court (IHC) has granted bail for six weeks in Al-Azizia reference on medical grounds.

Published 02 Nov, 2019 12:00am

Karkey RPPs scam: Physical remand of ex-Pepco MD extended till November 4

An accountability court on Wednesday extended physical remand of former managing director of Pakistan Electric Power Company (PEPCO) for another five days in the multibillion rupees Karkey Rental Power (RPPs) scam. The National Accountability Bureau (NAB)

Published 31 Oct, 2019 12:00am

Illegal appointments case: AC extends physical remand of two officials till November 9

An accountability court on Wednesday extended physical remand of two officials of Ministry of Housing and Works for another eight days in connection with an ongoing inquiry regarding illegal appointments against senior leader of Jamiat Ulema-e-Islam-Fazl

Published 31 Oct, 2019 12:00am

Unit set up for FATF action plan

The government has set up Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) Unit at Federal Investigation Agency (FIA) headquarters in order to ensure effective and timely completion of Financial Action Task Force (FATF)-related action

Published 30 Oct, 2019 12:00am

Remand of Khaqan, Miftah & ex-MD PSO extended till November 19

The Accountability Court Monday extended judicial remand of former prime minister Shahid Khaqan Abbasi, former finance minister Miftah Ismail and ex-managing director (MD) Pakistan State Oil (PSO) Sheikh Imran-ul-Haque till November 19 in the liquefied na

Published 29 Oct, 2019 12:00am

Stray dog's population surges in Islamabad

Stray dogs are proliferating in the capital including in the Blue Area and Red Zone which houses the most sensitive entities in the country including the Prime Minister and the President's House and Secretariat, the parliament, Supreme Court and most mini

Published 28 Oct, 2019 12:00am

ICT admin gears up to tackle 'Azadi March'

Islamabad Capital Territory (ICT) administration is likely to close all entry and exits points of the city on Oct 29 to prevent entry of 'Azadi March' participants into city if the negotiations between the govt and opposition Rehbar committee bear no frui

Published 26 Oct, 2019 12:00am

Business & Finance

NACTA issues threat alert

The National Counter Terrorism Authority (NACTA) on Thursday issued a threat alert across the country, fearing that terrorists attack of ISKP may target proposed Jamiat Ulema-i-Islam-Fazl (JUI-F) Azadi march scheduled to start on October 27 and will enter

Published 25 Oct, 2019 12:00am

There is no justification of digging trenches in capital: Ijaz

Interior Minister Brigadier Ijaz Shah (retd) has said that following the announcement of Prime Minister Imran Khan that Jamiat Ulema-e-Islam-Fazl (JUI-F) is allowed to proceed with its 'Azadi March,' there is no justification of digging trenches in the fe

Published 25 Oct, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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