News stories for Fazal Sher - Business Recorder

Fazal Sher

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

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

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

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

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

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

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

Business & Finance

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

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

Business & Finance

Azam Khan made AC -II judge

The government Thursday appointed Muhammad Azam Khan, district and sessions judge/judge special court (banking court), as Accountability Court-II judge.

Published 25 Oct, 2019 12:00am

Azadi March: Entry, exits points of capital blocked to prevent marchers

As the Jamiat Ulema-e-Islam Fazl's Azadi March onto the federal capital nears, the civic authorities of twin cities of Islamabad and Rawalpindi have taken different steps, including placement of shipping containers on roads leading to Red Zone as well as

Published 24 Oct, 2019 12:00am

Zardari shifted to PIMS cardiac centre

Former president Asif Ali Zardari was shifted to Pakistan Institute of Medical Sciences (PIMS) for medical checkup on Tuesday after appearing before the Accountability Court along with his sister Faryal Talpur in connection with the mega money laundering

Published 23 Oct, 2019 12:00am

Zardari shifted to PIMS cardiac centre

Published 23 Oct, 2019 12:00am

Business & Finance

Fake bank accounts case: Judicial remand of Qaimkhani extended till November 14

The Accountability Court hearing the multibillion rupees fake bank accounts case, involving former president Asif Ali Zardari, on Monday extended the judicial remand of Liaquat Qaimkhani, former Director General (Parks), Karachi Metropolitan Corporation (

Published 22 Oct, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular