News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

SBP’s foreign exchange reserves up

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $258 million during the last week....

Published 20 Jan, 2023 06:10am

C/A deficit dips 60pc in H1FY23 on lower imports

KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year...

Updated 19 Jan, 2023 08:42am

SBP issues framework on outsourcing to CSPs

KARACHI: The State Bank of Pakistan (SBP) on Monday issued “Framework on Outsourcing to Cloud Service Providers...

Updated 17 Jan, 2023 09:10am

Special foreign currency accounts: SBP allows IT exporters to retain 35pc of proceeds

KARACHI: In order to encourage IT companies and freelancers to bring their foreign exchange earnings into the...

Updated 14 Jan, 2023 04:29pm

Crisis of shortage of raw material in industries intensifies

KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to...

Updated 13 Jan, 2023 08:51am

Business & Finance

Digital services: SBP issues guidelines for downtime

KARACHI: The State Bank of Pakistan (SBP) has issued guidelines for downtime of digital services and directed the...

Updated 11 Jan, 2023 08:54am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

Pakistan repays over $1bn external debt

KARACHI: The country has successfully repaid over one-billion-dollar external debt to international financial...

Updated 08 Jan, 2023 11:26am

Pace of domestic debt accumulation accelerates

Recent increase in debt burden emanated from higher fiscal and current account deficit

Updated 07 Jan, 2023 04:28pm

Foreign exchange reserves at almost 9-year low level

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level...

Updated 06 Jan, 2023 09:04am

Import of 177 items: SBP to maintain cash margin requirements for another 3 months

KARACHI: The State Bank of Pakistan (SBP) Friday announced that it will maintain the cash margin requirements on the...

Updated 31 Dec, 2022 08:49am

Business & Finance

SBP raises EFS & LTFF rates by 2pc to 13pc

KARACHI: The State Bank of Pakistan (SBP) Thursday announced increase in the Export Finance Scheme (EFS) and...

Published 30 Dec, 2022 05:50am

Business & Finance

Market share of Islamic banking sector tops 20pc by Sept-end

KARACHI: The market Share of Islamic Banking Industry (IBI) in the banking sector continued to post healthy growth...

Published 29 Dec, 2022 05:59am

HS Code Chapters 84, 85 and certain items of Chapter 87: SBP withdraws curbs on import permission

KARACHI: The State Bank of Pakistan (SBP) Tuesday announced withdrawal of restrictions on prior permission before...

Updated 28 Dec, 2022 08:47am

Rain- and flood-hit farmers: Three markup waiver and financing schemes announced

KARACHI: The federal government has announced three markup waiver and financing schemes for farmers in rain and...

Updated 23 Dec, 2022 08:40am

Business & Finance

Farm mechanisation: Markup subsidy, risk sharing scheme announced

KARACHI: The State Bank of Pakistan (SBP) has announced mechanism for “Markup Subsidy and Risk Sharing Scheme for...

Updated 23 Dec, 2022 08:43am

SBP warns of higher risks to food security

KARACHI: The State Bank of Pakistan (SBP) has warned that the country may face higher risks to food security in the...

Updated 22 Dec, 2022 09:43am

Key phrase: ‘structural reforms’

State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy

Updated 22 Dec, 2022 09:52am

Around 6pc growth: What did FY22 experience bring to the fore?

KARACHI: Pakistan’s economy achieved a real GDP growth of around 6 percent, for a second consecutive year in FY22,...

Updated 22 Dec, 2022 09:42am

Business & Finance

SBP lowers FY23 growth forecast

KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank...

Published 22 Dec, 2022 05:57am

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
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Cotton US¢/pound / Jan 8	68.44
Petrol/Litre / Jan 9	252.66

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.21 ▲ 0.32 (11.07%)
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%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Parmount Sp. / Jan 8 Paramount Spinning Mills Limited(PASM)	4 ▼ -0.50 (-11.11%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-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%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.23 ▼ -2.69 (-9.99%)
National Silk / Jan 8 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	520,088,624 ▲ 0.09
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.21
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.41
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 2.33
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -2.85
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	24,452,864 ▼ -2.53
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.23
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.42

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