News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

Nestlé says saves water by implementing drip irrigation, smart soil moisture sensors

KARACHI: Nestlé Pakistan is transforming ways the use water of in its production and has also initiated many...

Published 11 Sep, 2023 06:32am

Traders seal 12 deals for import of 0.7m MTs of wheat

KARACHI: Pakistani traders have finalized 12 deals for the import 0.7 million metric tons of wheat to avoid the...

Updated 08 Sep, 2023 09:18am

Exchange companies sector: MCR enhanced to Rs500m as SBP introduces major reforms

KARACHI: The State Bank of Pakistan (SBP), introducing the structural reforms for the Exchange Companies, on...

Updated 07 Sep, 2023 09:17am

ECAP resents deployment of LEAs’ personnel at exchange cos

KARACHI: The Exchange Companies Association of Pakistan (ECAP) has opposed deployment of personnel of law...

Updated 06 Sep, 2023 10:54am

Growing significance of RMB highlighted

KARACHI: Speakers, at a seminar titled “RMB Prospects & Applications” hosted by the Industrial and Commercial...

Updated 30 Aug, 2023 09:07am

Business & Finance

Former BoI chief gives ‘road map’ to arrest economic slide

KARACHI: Former Chairman of Board of Investment (BoI) Muhammad Azfar Ahsan has given a roadmap to overcome the...

Published 29 Aug, 2023 06:01am

Abhi’s valuation grew to $90m in two years

KARACHI: Pakistan’s financial startup Abhi’s valuation grew to $90 million during the last two years and became one...

Updated 23 Aug, 2023 09:45am

Business & Finance

Jul remittances down 19.3pc to $2.027bn YoY

KARACHI: Inflow of home remittances fell sharply, ie, over 19.3 percent during the first month of this fiscal year,...

Published 11 Aug, 2023 05:17am

All-time high rice exports likely

KARACHI: The country’s rice export fell sharply, ie, 14 percent during the last fiscal year (FY23) due to lower crop...

Updated 04 Aug, 2023 09:33am

Purchase of USD for card payments facility extended by 5 months

KARACHI: The State Bank of Pakistan (SBP) has decided to extend settlement of card-based cross-border transactions...

Updated 01 Aug, 2023 09:39am

Business & Finance

Policy rate kept unchanged as economic uncertainty ebbs

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate...

Published 01 Aug, 2023 06:19am

Business & Finance

Foreign investors: Repatriation of profit, dividend dives to 18-year low

KARACHI: The repatriation of profit and dividend by foreign investors plunged by 80 percent, ie, to 18 years lowest...

Updated 27 Jul, 2023 10:01am

Budgetary support: Govt borrows Rs500bn from banks in 2 weeks: SBP

Says federal government's borrowing for budgetary support rose by 218 percent during the initial two weeks of this fiscal year

Updated 26 Jul, 2023 01:00pm

ECs can import dollars in cash through cargo or security companies

KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars...

Updated 26 Jul, 2023 04:21pm

Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts

KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the...

Updated 21 Jul, 2023 09:25am

Business & Finance

Imported items: PM urged to remove ‘solar panel’ from non-essential list

KARACHI: The Pakistan Solar Association (PSA) has urged the prime minister for removal of the import of solar panel...

Published 08 Jul, 2023 06:20am

Productivity, export and debt: SBP asks govt to exercise greater prudence

Assessment of macroeconomic dynamics reveals a number of challenges for the banking sector and the repayment capacity of borrowers may come under stress

Updated 08 Jul, 2023 05:14pm

Q1FY24: Cash-strapped govt to borrow record Rs11trn

KARACHI: In the absence of sufficient foreign inflows, the federal government has planned to borrow over Rs 11...

Updated 07 Jul, 2023 09:07am

Govt debt stocks hit all-time high of Rs59trn

KARACHI: The federal government’s total debt stocks rose to an all-time high level of Rs 59 trillion at the end of...

Updated 06 Jul, 2023 08:35am

Business & Finance

24.88pc shares of BIPL: JS Bank resumes process of acquisition

KARACHI: JS Bank Limited resumed the process of acquisition of 24.88 percent shares of BankIslami Pakistan Limited...

Published 28 Jun, 2023 06:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 8	278.78
USD PKR Interbank Buying / Jan 8	278.58
USD to Japanese Yen / Jan 8	158.14
USD to Swiss Franc / Jan 8	0.91
Pound Sterling to USD / Jan 8	1.25
Euro to USD / Jan 8	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
Nasdaq / Jan 7	19,489.68
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57
France CAC40 / Jan 7	7,489.35
India Sensex / Jan 8	77,786.54
Tokyo Nikkei / Jan 8	40,008.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Petrol/Litre / Jan 8	252.66
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Diesel/Litre / Jan 8	258.34

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.35 ▲ 0.46 (15.92%)
Dadabhoy Cement / Jan 8 Dadabhoy Cement Industries Limited(DBCI)	6 ▲ 0.61 (11.32%)
Paramount Mod / Jan 8 First Paramount Modaraba(FPRM)	10.27 ▲ 1.00 (10.79%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
Ahmad Hassan / Jan 8 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.30 ▼ -2.03 (-11.71%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
F.Credit & Inv / Jan 8 First Credit and Investment Bank Limited(FCIBL)	7.52 ▼ -0.78 (-9.40%)
Fateh Sports / Jan 8 Fateh Sports Wear Limited(FSWL)	71.20 ▼ -7.37 (-9.38%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.40 ▼ -2.52 (-9.36%)
Shahzad Tex. / Jan 8 Shahzad Textile Mills Limited(SZTM)	27.10 ▼ -2.77 (-9.27%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	413,265,659 ▲ 0.15
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.21
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▲ 0.01
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▲ 0.12
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 1.75
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -0.55
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	23,513,012 ▼ -0.90
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.11
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▲ 0.25

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