News stories for Rizwan Bhatti

PMKJ-YES: SBP raises loan limit to Rs 25 million, cuts markup by 3 percent

KARACHI: Following the directives of the federal government, the State Bank of Pakistan has announced reduction in...

Published 11 Jul, 2020 02:48am

SBP extends deferment of principal amount of loans till Sept 30

KARACHI: The State Bank of Pakistan (SBP) has extended the Deferment of Principal Amount of Loans facility for next...

Published 08 Jul, 2020 02:55am

Covid-19 financial relief package: Banks defer Rs 566 billion principal loan payments

KARACHI: Under the State Bank of Pakistan (SBP) relief package, banks and DFIs have accepted over one million...

Published 04 Jul, 2020 03:02am

Business & Finance

Rs 40,000 denomination prize bonds: Last date for conversion/replacement/encashment extended till December 31

KARACHI: The federal government has granted further relaxation to the investors of Rs 40,000 denomination National...

Published 02 Jul, 2020 02:48am

Business & Finance

Banks' profit-sharing mechanism questioned

KARACHI: A renowned economist, Shahid Hasan Siddiqui has questioned the mechanism employed by commercial banks on...

Published 01 Jul, 2020 03:09am

SBP extends Rozgar Scheme/RSF for another 3 months

KARACHI: The State Bank of Pakistan (SBP) has announced to extend the Rozgar Scheme for Supporting Employment and...

Updated 01 Jul, 2020 03:32am

SBP revising regulatory limits on consumer financing

KARACHI: In order to facilitate the banking customers, the State Bank of Pakistan (SBP) has said it is revising...

Published 30 Jun, 2020 03:10am

Islamic banking deposits expand market share to 17 percent

KARACHI: Deposits of Islamic banking industry experienced a quarterly growth of Rs 40 billion and market share of...

Published 30 Jun, 2020 03:10am

Markets

SBP extends EFS limits to individual exporters

KARACHI: The State Bank of Pakistan (SBP) has announced to extend the refinance limits sanctioned by banks to...

Published 27 Jun, 2020 02:55am

Markets

SBP cuts policy rate by 100bps to 7 percent

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP), in its emergent meeting held on...

Published 26 Jun, 2020 03:34am

May C/A posts $13m surplus

KARACHI: The country's current account posted a $13 million surplus in May supported by sharp decline in the import...

Updated 25 Jun, 2020 03:30am

Markets

$1bn inflows received from ADB, WB

KARACHI: Pakistan on Wednesday received inflows amounted to $1 billion from international financial institutions as...

Published 25 Jun, 2020 02:49am

Business & Finance

July 1 to May 15 period: Govt borrows Rs1.9trn from banks for budgetary support

KARACHI: The federal government's borrowing for budgetary support from scheduled banks witnessed a significant ...

Updated 13 Jun, 2020 10:45pm

July-April services trade deficit plunges 33 percent YoY

The country's services trade deficit plunged by 33 percent during the first ten months of this fiscal year (FY20), supported by contraction in imports.

Published 31 May, 2020 12:04am

Manila rice tender: REAP urges govt to make 'serious' efforts towards getting enlisted

Rice Exporters Association of Pakistan (REAP) has urged the federal government to make some concrete and serious efforts for enlisting in the international rice tender issued by Philippine government.

Published 29 May, 2020 12:05am

Business & Finance

SBP unveils guidelines on transfer, assignment of NPAs to CRCs

The State Bank of Pakistan (SBP) has issued guidelines on "Transfer and Assignment of Non-Performing Assets to Corporate Restructuring Companies (CRCs)."

Published 28 May, 2020 12:03am

July-April period: C/A deficit shrinks 71 percent on lower import bill

The country's external account continues to perform well as the current account deficit posted a notable decline of 71 percent during the first 10 months of this fiscal year, mainly due to lower import bill.

Published 22 May, 2020 12:03am

Rozgar Refinance Scheme: SBP allows reimbursement of wages, salaries

The State Bank of Pakistan (SBP) has allowed reimbursement of wages and salaries paid by businesses from their own sources during the April and May, under its Rozgar Refinance Scheme. According to SBP, in order to facilitate those borrowers, who had appli

Published 21 May, 2020 12:09am

Purchase of locally-procured inputs: PBEA seeks exemption from sales tax, FED

Pakistan Bedwear Exporters Association has asked for exemption from sales tax and federal excise duty (FED) on buying of locally procured input goods by exporters operating under the Export Oriented Units and Small and Medium Enterprises. The Federal Boar

Published 20 May, 2020 12:05am

FDI grows 127 percent in 10 months

Despite Covid-19 pandemic, Foreign Direct Investment (FDI) continued its rising trend in Pakistan and posted a healthy growth of 127 percent during the first ten months of current fiscal year (FY20). The State Bank of Pakistan (SBP) revealed on Monday tha

Published 19 May, 2020 12:02am

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

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