News stories for Rizwan Bhatti

Rizwan Bhatti

FDI down 29pc in FY21 on fall in Chinese investment

KARACHI: Foreign Direct Investment (FDI) posted a decline of 29 percent during the last fiscal year (FY21) as ...

Updated 17 Jul, 2021 10:33am

Economic recovery gathers momentum in Q3FY21: SBP

KARACHI: The State Bank of Pakistan (SBP) Friday said there was growing evidence that the economic recovery gathered...

Updated 17 Jul, 2021 10:08am

SBP foresees surge in current account deficit, inflation

Major downside risk to overall growth outlook for FY22 is the ongoing third and potentially additional waves of Covid-19
While remaining bounded, the current account deficit is expected to rise, mainly due to a further widening in the trade deficit

Updated 17 Jul, 2021 10:35am

SBP’s reserves hit over 4-year high: $1bn Eurobond proceeds received

KARACHI: Pakistan has received foreign inflows amounting to $1 billion of Eurobond, issued by the federal government...

Published 15 Jul, 2021 02:26am

Remittances hit all-time high of $29.4bn

KARACHI: Inflows of workers’ remittances rose to a historic level of $29.4 billion during the last fiscal year...

Published 14 Jul, 2021 04:34am

IBI assets increase by Rs120bn QoQ

KARACHI: The assets of Islamic Banking Industry (IBI) increased by Rs 120 billion during the first quarter (January...

Published 10 Jul, 2021 03:29am

Forex reserves cross $24bn mark

KARACHI: Pakistan’s total liquid foreign currency reserves crossed the $24 billion mark during last week supported...

Published 09 Jul, 2021 03:17am

FSR for CY20: Residual risks to financial stability expected to subside: SBP

KARACHI: With encouraging developments on the Covid-19 pandemic front and improvements in the macroeconomic...

Updated 08 Jul, 2021 10:31am

G-MSS for housing finance: FIs to face penalty for missing targets

KARACHI: The State Bank of Pakistan (SBP) has announced that it will impose penalty on the Financial Institutions...

Published 07 Jul, 2021 04:28am

Covid-19 impact: FIs required to implement IFRS 9 from Jan 1, 2022

KARACHI: The State Bank of Pakistan (SBP) has delayed implementation on the International Financial Reporting...

Published 07 Jul, 2021 04:28am

Debt stocks reach historic high of Rs38trn

KARACHI: The country’s total debt (domestic and external) stocks reached historical level of Rs 37.99 trillion at...

Published 06 Jul, 2021 03:48am

More incentives unveiled for marketing of remittances

KARACHI: In order to further encourage inflows of home remittances through formal channels, the federal government...

Published 06 Jul, 2021 03:48am

Business & Finance

Experts raise concerns over tax on mobile phone calls

KARACHI: The imposition of a new tax of 75 paisa on every 5 minutes on cellular call will be around 38 percent...

Published 28 Jun, 2021 04:38am

C/A deficit widens 236pc in May

KARACHI: The country’s current account deficit accelerated 236 percent in May 2021 due to decline in exports and...

Published 26 Jun, 2021 03:24am

Business & Finance

Master circulars on eCIB: SBP directs FIs to ensure strict compliance

KARACHI: While issuing master circulars on Electronic Credit Information Bureau (ECIB), the State Bank of Pakistan...

Published 23 Jun, 2021 04:26am

Business & Finance

PWDs’ financial inclusion: SBP asks FIs to submit policy framework

KARACHI: The State Bank of Pakistan (SBP) has asked financial institutions for a comprehensive policy framework and...

Published 22 Jun, 2021 04:46am

July-May FDI down 28pc YoY

KARACHI: The Foreign Direct Investment (FDI) in Pakistan fell by 28 percent in the first 11 months of this fiscal...

Published 19 Jun, 2021 03:23am

Business & Finance

Sindh budget: Rs3bn farm subsidies announced

KARACHI: The government of Sindh Tuesday announced Rs 3 billion to support the agricultural sector to provide...

Published 16 Jun, 2021 03:39am

Business & Finance

Rs10bn to be disbursed among Covid-hit people

KARACHI: The government of Sindh, in its budget for the fiscal year 2020-21, has proposed Rs 10 billion for cash...

Published 16 Jun, 2021 03:39am

Business & Finance

SNCR management: SBP issues exclusive instructions to IBIs

KARACHI: The State Bank of Pakistan (SBP) has directed Islamic Banking Institutions (IBIs) to ensure Shariah...

Published 15 Jun, 2021 03:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.60
USD PKR Interbank Buying / Jan 10	278.40
USD to Japanese Yen / Jan 10	158.39
USD to Swiss Franc / Jan 10	0.91
Pound Sterling to USD / Jan 10	1.23
Euro to USD / Jan 10	1.03

Stock	Volume
S&P 500 / Jan 9	5,918.25
Nasdaq / Jan 9	19,478.88
Dow Jones / Jan 9	42,635.20
India Sensex / Jan 10	77,645.98
Tokyo Nikkei / Jan 10	39,265.97
Hang Seng / Jan 10	19,069.63
FTSE 100 / Jan 10	8,317.44
Germany DAX 30 / Jan 10	20,333.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 9	18,785
Gold 10 Grams PKR / Jan 9	237,483
Petrol/Litre / Jan 10	252.66
Crude Oil USD/Barrel / Jan 10	74.32
Gold Spot USD/Ounce / Jan 10	2,674.40
Diesel/Litre / Jan 10	258.34

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%)
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%)
I.C.C. Ind. / Jan 10 ICC Industries Limited(ICCI)	11.47 ▲ 1.04 (9.97%)

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