News stories for Rizwan Bhatti

Rizwan Bhatti

ECs handled around $7bn forex in 2024

KARACHI: Exchange companies have demonstrated remarkable performance in 2024 by successfully handling a total volume...

Updated 03 Jan, 2025 08:50am

SBP unveils updated regulatory framework for ECs

KARACHI: The State Bank of Pakistan (SBP) on Friday revised the regulatory guidelines for exchange companies and...

Updated 28 Dec, 2024 09:30am

Monetary policy lending operations: SBP unveils collateral, counterparty eligibility framework

KARACHI: The State Bank of Pakistan (SBP) on Thursday issued a framework for collateral & counterparty...

Updated 27 Dec, 2024 09:19am

Gas price hike: Industrialists urge govt to revisit decision

KARACHI: Industrialists have strongly opposed the proposed gas price hike, urging the federal government to...

Updated 20 Dec, 2024 09:26am

Business & Finance

Foreign investors: Jul-Nov profit repatriation soars 112pc to $1.129bn YoY

KARACHI: The repatriation of profits and dividends by foreign investors has soared by 112 percent during the first...

Updated 19 Dec, 2024 09:49am

Business & Finance

Jul-Nov FDI soars 31pc to $1.124bn YoY

KARACHI: Foreign Direct Investment (FDI) in Pakistan surpassed the $1 billion mark during the first five months of...

Published 18 Dec, 2024 08:15am

Business & Finance

Nov CA surplus hits 10-year peak

KARACHI: Pakistan’s current account recorded a 10-year high monthly surplus of $729 million in November 2024,...

Published 18 Dec, 2024 06:37am

Business & Finance

Key interest rate brought down by 200bps to 13pc

KARACHI: With inflation declining in line with its expectations, the Monetary Policy Committee (MPC) of the State...

Published 17 Dec, 2024 06:47am

Mobile apps: SBP issues new guidelines for transaction security

KARACHI: In a significant step to improve the security of digital payments, the State Bank of Pakistan (SBP) has...

Updated 11 Dec, 2024 09:19am

Budgetary support: Over Rs2trn borrowings cleared in just 5 months

KARACHI: In a positive turn on the economic front, borrowings by both the federal and provincial governments for...

Updated 11 Dec, 2024 09:18am

Business & Finance

No gas for CPPs: Textile Council urges govt to reverse its decision

KARACHI: The Pakistan Textile Council (PTC) has called on the government to reverse its decision of gas ...

Published 10 Dec, 2024 06:13am

Business & Finance

Jul-Nov FY25: Remittances surge 34pc to $14.76bn YoY

KARACHI/ISLAMABAD: Inflows of home remittances witnessed a significant 34 percent increase during the first five...

Published 10 Dec, 2024 06:13am

Business & Finance

Riyadh extends $3bn deposits term by 1 year

KARACHI: In a significant move, Saudi Arabia has extended the term of its $3 billion deposits with Pakistan for an...

Published 06 Dec, 2024 06:58am

Banks’ ADR recorded at 47pc as of Nov 15th

KARACHI: The banking sector’s gross Advance-to-Deposit Ratio (ADR) maintained its upward trajectory, reaching 47...

Updated 04 Dec, 2024 03:23pm

Business & Finance

Climate programme: SBP receives $500m loan from ADB

KARACHI: Pakistan on Thursday received inflows amounting to $500 million as loan from the Asian Development Bank...

Published 29 Nov, 2024 05:50am

Jul 1 to Nov 15: Record Rs880bn credit disbursed to private sector

KARACHI: Banks are aggressively ramping up credit disbursement to the private sector, driven by a pressing need to...

Updated 28 Nov, 2024 02:30pm

Business & Finance

PKR saving deposits: IBIs required to pay profit equivalent to 75pc of WAGY of all pools

KARACHI: In a significant move aimed at boosting returns for savers, the State Bank of Pakistan (SBP) has asked the...

Published 27 Nov, 2024 06:44am

Key requirement for conventional banks removed

Banks will now pay negotiated rates to corporate sector

Updated 27 Nov, 2024 04:00pm

Banks start scrapping monthly fee on large deposits

KARACHI: Banks have begun reversing their arbitrarily imposed five percent monthly charges on all accounts with...

Updated 27 Nov, 2024 09:35pm

Business & Finance

Jul-Oct: C/A posts $218m surplus on foreign inflows

KARACHI: The country’s current account balance posted a surplus of $218 million in the first four months of FY25,...

Published 19 Nov, 2024 06:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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