News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

July-Nov services sector deficit falls over 50pc to $865m YoY

KARACHI: Services sector is presenting an improved picture with some 50 percent decline in the trade deficit during...

Updated 21 Dec, 2022 10:14am

Business & Finance

Jul-Nov CAD shrinks 57pc YoY

KARACHI: The country’s current account deficit shrank 57 percent during the first five months of this fiscal year...

Updated 17 Dec, 2022 09:54am

Business & Finance

Jul-Nov workers’ remittances decline nearly 10pc YoY

KARACHI: Inflows of workers’ remittances maintained a declining trend and fell 9.77 percent during the first five...

Updated 15 Dec, 2022 09:59am

PM’s youth loan scheme relaunched

KARACHI: The government has relaunched the Prime Minister’s Youth Loan Scheme with revised features including...

Updated 13 Dec, 2022 09:38am

Business & Finance

Small farmers: Syngenta launches Aaghaz centres

Pakistan: Syngenta Pakistan Limited has stepped up once again for the facilitation of smallholders by successfully...

Published 10 Dec, 2022 07:41am

ECs: SBP further tightening data reporting mechanism

KARACHI: The State Bank of Pakistan (SBP) is further tightening the data reporting mechanism for Exchange Companies...

Updated 10 Dec, 2022 09:58am

Business & Finance

Bank Alfalah signs MoU with Ignite

KARACHI: Intending to leapfrog the digital ecosystem in Pakistan, Bank Alfalah has signed a Memorandum of...

Published 10 Dec, 2022 06:00am

Govt debt stocks hit historic high of Rs50.152trn

KARACHI: The federal government’s total debt (domestic and external) stocks crossed the Rs 50 trillion mark by the...

Updated 06 Dec, 2022 09:31am

Business & Finance

NBP, SIAPEP sign LoI to promote high efficiency irrigation systems

KARACHI: A Letter of Intent (LOI) has been signed between National Bank of Pakistan (NBP) and Sindh Irrigated...

Published 03 Dec, 2022 05:50am

Business & Finance

Payments to Google: SBP rejects allegations

KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the...

Updated 27 Nov, 2022 09:43am

Policy rate hiked to 16pc to quell biting inflation

Including this 100bps increase, SBP has raised its key rate by 625bps cumulatively in 2022
Policy rate jumps to 23-year high

Updated 26 Nov, 2022 12:48pm

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Monetary policy to be announced on Friday

KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on...

Updated 23 Nov, 2022 09:31am

Business & Finance

Lower imports: Jul-Oct CAD plummets 47pc YoY

KARACHI: The country’s current account deficit fell sharply by 47 percent during the first four months of this...

Published 22 Nov, 2022 03:23am

Business & Finance

NdcTech implements Temenos banking cloud in UAE’s Invest Bank

KARACHI: Invest Bank, a premier commercial bank in UAE, has selected Temenos (SIX: TEMN) to take its digital and ...

Published 19 Nov, 2022 05:49am

Q1 FY23: External debt, liabilities dip over $3bn

KARACHI: Pakistan’s external debt and liabilities fell over $3 billion during the first quarter (Jul-Sep) of this...

Updated 17 Nov, 2022 09:18am

Business & Finance

RDA inflows rise to $5.3bn

KARACHI: Inflows of Roshan Digital Accounts (RDA) rose to $5.3 billion at the end of October 2022 since its...

Published 08 Nov, 2022 06:38am

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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