News stories for Rizwan Bhatti

Rizwan Bhatti

Policy rate hiked by100 bps to 22pc

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

Updated 27 Jun, 2023 09:02am

Pakistan receives another $300m from China

KARACHI: The country’s total liquid foreign exchange reserves fell by $515 million during the last week, mainly due...

Updated 23 Jun, 2023 08:55am

FDI plunges 21pc in 11 months

KARACHI: Foreign Direct Investment (FDI) in the country plunged by 21 percent during the first eleven months of this...

Updated 21 Jun, 2023 08:55am

Reserves, IMF term: $1bn Chinese loan received

KARACHI: Pakistan on Friday night received $1 billion inflows from China as loan to build the depleting foreign...

Updated 17 Jun, 2023 08:58am

Business & Finance

SBP leaves policy rate unchanged

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

Updated 13 Jun, 2023 12:26pm

GST on services: Rs235bn target set

KARACHI: The Sindh government has set Rs 235 billion revenue collection target for sales tax on services for the ...

Updated 11 Jun, 2023 08:09am

Additional advances to IT ITeS: 20pc concessionary tax rate on banks’ income proposed

KARACHI: The federal government has proposed concessionary tax rate for banks income from additional advances to...

Updated 10 Jun, 2023 08:51am

Cash withdrawal: Non-filers to pay 0.6pc advance tax

KARACHI: The federal government has proposed 0.6 percent advance tax on cash withdrawal for non-filers to bring more...

Published 10 Jun, 2023 04:37am

SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months

KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks...

Updated 09 Jun, 2023 09:00am

Banks disburse Rs1.222trn agri credit

KARACHI: With 27.5 percent growth, the agriculture lending financial institutions have disbursed Rs 1.222 trillion...

Updated 09 Jun, 2023 08:57am

Govt debt stocks rise to Rs58.6trn

KARACHI: The federal government’s borrowing from domestic and external resources rose by 22.5 percent during the...

Updated 06 Jun, 2023 08:47am

IPSs settlement: Banks can buy dollars from interbank market: SBP

KARACHI: The State Bank of Pakistan (SBP) Wednesday allowed banks to purchase US dollars from interbank for...

Updated 01 Jun, 2023 09:04am

Business & Finance

Bank Alfalah to launch ‘Digital Lifestyle Branch’ today

KARACHI: Brining new innovation in the banking industry, Bank Alfalah is all set to launch Pakistan’s first...

Updated 01 Jun, 2023 03:15pm

Business & Finance

SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end

KARACHI: Digital payments and infrastructure of the banking sector continues to expand and e-banking transactions...

Updated 30 May, 2023 09:22am

Business & Finance

PFVA demands withdrawal of 10pc FED on juice industry

KARACHI: All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) has proposed...

Published 27 May, 2023 06:09am

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

Presently, government is the single largest borrower from commercial banks

Updated 13 May, 2023 02:47pm

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)	3.30 ▲ 0.41 (14.19%)
Dadabhoy Cement / Jan 8 Dadabhoy Cement Industries Limited(DBCI)	6.02 ▲ 0.63 (11.69%)
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%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Jah.Sidd. Co. / Jan 8 Jahangir Siddiqui & Co. Ltd.(JSCL)	19.45 ▲ 1.77 (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)	411,254,608 ▲ 0.16
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 ▲ 0.08
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 1.76
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 ▼ -1.03
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.09
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▲ 0.24

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