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Aamir Saeed

Cut in FED cost kitty Rs 85 billion in two years: SPDC

The third-tier tax structure resulted in reduction of average Federal Excise Duty (FED) of around 12 percent that caused loss of around Rs 85 billion to the national exchequer in last two financial years, a study revealed Wednesday.

Published 23 May, 2019 12:00am

BISP to initiate two new schemes under 'Ehsaas' programme

The Benazir Income Support Programme (BISP) has decided to initiate two new schemes, Kifalat and Tahafuz, from next fiscal year to ensure financial and digital inclusion of around six million women and to provide health and nutrition facilities to margina

Published 12 May, 2019 12:00am

BISP to initiate two new schemes under 'Ehsaas' programme

Published 12 May, 2019 12:00am

PML-N legislators accuse NA speaker of not allowing them to raise burning issues

Pakistan Muslim League-Nawaz (PML-N) lawmakers on Thursday accused Speaker National Assembly Asad Qaiser of not allowing them to speak during the proceedings of the House on issues like rising inflation and deteriorating economy. Speaking to the media out

Published 10 May, 2019 12:00am

Bilawal lambastes govt over sudden changes in economic team

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari Wednesday criticised the Pakistan Tehreek-e-Insaf government over the recent appointments of economic adviser, and heads of State Bank (SBP) and Federal Board of Revenue (FBR).

Published 09 May, 2019 12:00am

Government can fund health programmes through tobacco tax reforms: experts

Tobacco tax reforms and additional revenue collection from the product can help the government fund its different health programmes, especially in the rural areas of the country including tobacco control programmes. Experts and speakers said this while ad

Published 28 Apr, 2019 12:00am

Government can fund health programmes through tobacco tax reforms: experts

Published 28 Apr, 2019 12:00am

NA adopts Elections (Amendment) Bill amid opposition's protest over PM's remarks

The National Assembly Thursday passed 'the Elections (Amendment) Bill, 2019' amid opposition's protest against Prime Minister Imran Khan for calling PPP chairman Bilawal Bhutto-Zardari with suffix Sahiba (a term to address a woman) during his Wednesday's

Published 26 Apr, 2019 12:00am

Political deadlock persists over ECP members' appointment

The political deadlock on appointment of two members of the Election Commission of Pakistan (ECP) continues with increasing prospect of the prime minister bypassing direct consultation with the leader of the opposition as required by the constitution and

Published 07 Apr, 2019 12:00am

PM may unveil poverty alleviation programme this week

Prime Minister Imran Khan is expected to announce a flagship poverty alleviation programme this week and a Poverty Alleviation Coordination Council (PACC) would be established for its implementation with cooperation of the provincial governments.

Published 26 Mar, 2019 12:00am

MQM's protest over PAC chairmanship to continue

Muttahida Qaumi Movement-Pakistan (MQM-P) has decided to continue protest in Sindh Assembly along with Pakistan Tehreek-e-Insaf (PTI) and other opposition members on the issue of chairmanship of Public Accounts Committee in the province. Iqbal Muhammad Al

Published 16 Mar, 2019 12:00am

Nadra's data to be used for detecting tax evaders: Asad

Federal Finance Minister Asad Umar Wednesday said that the government has decided to use data of National Database and Registration Authority (NADRA) to detect tax evaders from the next month. "The government has decided to use technology to nab the tax e

Published 14 Mar, 2019 12:00am

Ministers, committees' members: Senate body discusses formulation of SOPs to ensure attendance

Senate Special Committee to provide mechanism for implementation of recommendations of the committees adopted by the House on Monday discussed formulation of Standard Operating Procedures with a view to ensure attendance of ministers and members of the co

Published 12 Mar, 2019 12:00am

Gurdwara Darbar Sahib Kartarpur: Pakistan committed to complete development work

Pakistan is committed to completing all development work on Gurdwara Darbar Sahib Kartarpur a sacred place for Sikhs and where Guru Nanak Dev spent 18 years by November this year to allow visa-free entry to the Indian Sikhs.

Published 12 Mar, 2019 12:00am

GDP growth drops to 4 percent, claims Ahsan

The economic growth of the country has dropped to 4 percent from 6 percent as the Pakistan Tehreek-e-Insaf government has failed to handle the economy due to its incapability. Pakistan Muslim League-Nawaz (PML-N) lawmaker Ahsan Iqbal claimed this on Wedne

Published 07 Mar, 2019 12:00am

Ahsan accuses government of making Parliament non-functional

Pakistan Muslim League-Nawaz lawmaker Ahsan Iqbal on Tuesday accused the government of making the Parliament non-functional and failing to provide relief to common man through its policies. "We have been waiting for a month to initiate debate on the mini-

Published 06 Mar, 2019 12:00am

Economy strong enough to defend the country: Umar

Finance Minister Asad Umar said on Friday that Pakistan''s economy is strong enough to defend the country as all economic indicators have shown positive signs during tensions with India this week. Speaking on the second day of the joint session of the Par

Published 02 Mar, 2019 12:00am

Economy strong enough to defend the country: Umar

Finance Minister Asad Umar said on Friday that Pakistan's economy is strong enough to defend the country as all economic indicators have shown positive signs during tensions with India this week. Speaking on the second day of the joint session of the Parl

Published 02 Mar, 2019 12:00am

Economy strong enough to defend the country: Umar

Finance Minister Asad Umar said on Friday that Pakistan''''s economy is strong enough to defend the country as all economic indicators have shown positive signs during tensions with India this week. Speaking on the second day of the joint session of the P

Published 02 Mar, 2019 12:00am

Economy strong enough to defend the country: Umar

Published 02 Mar, 2019 12:00am

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
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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