News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

Internet, IT devices: SBP advocates cut in duties and taxes

KARACHI: The State Bank of Pakistan (SBP) has asked for reduction of the duties and taxes on internet and IT devices...

Published 23 May, 2023 06:14am

Slow growth, rising inflation: SBP projects a double whammy for country

Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23

Updated 20 May, 2023 07:23pm

Second consecutive month: Pakistan posts $18m current account surplus in April

KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to...

Updated 17 May, 2023 09:52am

Govt debt stocks soar to record Rs57trn by Mar-end: SBP

KARACHI: The federal government’s total debt (domestic and external) surged to Rs 57 trillion by the end of March...

Updated 16 May, 2023 11:04am

May-July: govt intends to borrow record Rs9.4trn

Presently, government is the single largest borrower from commercial banks

Updated 13 May, 2023 02:47pm

Business & Finance

July-April remittances decline 13pc to $22.74bn YoY

KARACHI: Workers’ remittances fell by 13 percent during the first ten months of this fiscal year (FY23) as ...

Published 11 May, 2023 05:54am

Pakistan

Flour millers end strike

Sindh government pledges to supply 0.5 million 100-kg bags of wheat grains from Monday.

Updated 07 May, 2023 09:56am

Business & Finance

Flour millers assured that there will be smooth supply of wheat

KARACHI: Sindh government has assured the flour mills for uninterrupted supply of wheat grains from next week to...

Published 06 May, 2023 06:23am

Business & Finance

BankIslami emerging as a stronger bank: President/CEO

KARACHI: “BankIslami has overcome from the difficult period and now it is emerging as a stronger bank in the...

Published 03 May, 2023 06:35am

Business & Finance

Foreign investors: Jul-Mar profit repatriation plunges 82pc to $233.1m YoY

KARACHI: The repatriation of profit and dividend by foreign investors continued to post negative growth and plunged...

Updated 28 Apr, 2023 08:48am

REAP urges govt to help it achieve $5bn rice exports

KARACHI: Rice Exporters Association of Pakistan (REAP) has asked the federal government to devise a long-term...

Updated 25 Apr, 2023 09:00am

Banks told to transfer EDS deductions to SBP

KARACHI: The State Bank of Pakistan (SBP) has directed banks to transfer the consolidated amount of Export...

Updated 21 Apr, 2023 08:53am

Business & Finance

C/A posts $654m surplus in March

KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years...

Published 20 Apr, 2023 06:30am

In response to SC order SBP acts obligingly

Central bank allocates/attaches Rs21bn from treasury for elections in KPK, Punjab

Updated 17 Apr, 2023 10:11am

Business & Finance

Banks told to set up digital fraud risk management units

KARACHI: The State Bank of Pakistan (SBP) announcing the measures to enhance security of digital banking services ...

Published 15 Apr, 2023 06:19am

Business & Finance

Banks, DFIs with Rs500bn or above assets: SBP extends date for implementation of IFRS 9

KARACHI: The State Bank of Pakistan (SBP) has extended the date for the implementation of International Financial...

Published 14 Apr, 2023 05:59am

Business & Finance

Payment Systems Review unveiled: Q2 Raast transactions soar 82pc

KARACHI: Pakistan’s instant payment system – Raast - launched by State Bank of Pakistan (SBP), has witnessed...

Published 12 Apr, 2023 06:11am

Policy rate hiked to 21pc to bridle unbridled inflation

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Cotton US¢/pound / Dec 4	71.11
Petrol/Litre / Dec 5	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 5 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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