News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

SME banking: SBP launches ‘Challenge Fund’

KARACHI: The State Bank of Pakistan (SBP) has announced to launch a “Challenge Fund” for technology adoption...

Published 12 Oct, 2024 06:17am

Business & Finance

CCTV cameras: SBP advises banks, MFBs to update SOPs

KARACHI: In a significant move to bolster security across financial institutions, the State Bank of Pakistan (SBP)...

Published 12 Oct, 2024 06:17am

Business & Finance

Q1 remittances up 39pc to record $8.8bn YoY

KARACHI: The country has received highest-ever quarterly workers remittance inflows of $8.8 billion during the first...

Published 10 Oct, 2024 03:03am

Remittances: Two incentives available to banks and ECs now

KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive...

Updated 09 Oct, 2024 09:04am

Business & Finance

SME sector: SBP revises per party exposure limits

KARACHI: Aimed at facilitating the SME sector, the State Bank of Pakistan (SBP) has revised the per party exposure...

Published 09 Oct, 2024 06:26am

Business & Finance

SBP’s reserves hit 2-1/2-year high

KARACHI: The State Bank of Pakistan’s foreign exchange reserves have surpassed the $10 billion mark, reaching...

Published 04 Oct, 2024 06:46am

Business & Finance

Conventional to Islamic mode: SBP sets new bank branch conversion criteria

KARACHI: With a view to further facilitate banks in conversion of their branches, the State Bank of Pakistan (SBP)...

Updated 03 Oct, 2024 09:06am

Sugar export to Afghanistan: Banks directed to ensure 100pc advance payment

Measure aims to enhance transparency and safeguard the timely collection of export payments, particularly in trade with Afghanistan

Updated 02 Oct, 2024 03:05pm

Business & Finance

Bids amounting to Rs351bn accepted: Govt conducts buyback auction of MTBs

KARACHI: In a historical move, the federal government conducted the buyback auction of Market Treasury Bills (MTBs)...

Updated 01 Oct, 2024 09:27am

Business & Finance

REAP chairman hails removal of Minimum Export Price cap

KARACHI: With the removal of the Minimum Export Price (MEP), Pakistani rice traders can now export without price...

Updated 30 Sep, 2024 09:27am

Business & Finance

SBP receives over $1bn first tranche of IMF loan

KARACHI: Pakistan, on Friday received over $1 billion inflows as the first tranche of a long-term loan from the IMF,...

Published 28 Sep, 2024 07:16am

Business & Finance

SBP to conduct auctions for MTBs buyback

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced that it will conduct the auctions for the buyback of...

Published 27 Sep, 2024 06:26am

Foreign investors: Jul-Aug profit repatriation jumps 459pc YoY

KARACHI: The repatriation of profit and dividend by foreign investors posted a healthy growth of 459 percent during...

Updated 27 Sep, 2024 09:20am

Business & Finance

Qist Bazaar disburses Rs3.4bn loans in 3 years

KARACHI: Qist Bazaar, Pakistan's first and only Sharia-compliant BNPL (Buy Now Pay Later) fintech start-up, has...

Published 26 Sep, 2024 06:48am

Import of cash USD: SBP grants ECs one-year extension

KARACHI: The State Bank of Pakistan (SBP) on Monday granted one-year extension to Exchange Companies (ECs) for the...

Updated 24 Sep, 2024 09:11am

‘The Review’ of SBP: Timely realization of IMF lending to help revive inflows

SBP’s Mid-Year Performance Review of the Banking Sector mentions that Pakistan's macroeconomic environment has been improving with revival in economic activity

Updated 19 Sep, 2024 01:12pm

Policy rate cut yet again as inflation cools

KARACHI: As per expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday...

Updated 13 Sep, 2024 09:21am

Budgetary support: Jul-Aug borrowing drops 58pc to Rs660.3bn YoY

KARACHI: The federal government’s borrowing from scheduled banks for budgetary support saw a sharp decline of 58...

Updated 11 Sep, 2024 08:55am

Business & Finance

Jul-Aug remittances soar 44pc to $5.94bn YoY

KARACHI: During a challenging period when the country is striving to secure healthy foreign inflows to meet its...

Published 10 Sep, 2024 06:32am

Extension given in sugar export shipment

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has allowed 15 days...

Updated 07 Sep, 2024 08:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 6	278.68
USD PKR Interbank Buying / Jan 6	278.48
USD to Swiss Franc / Jan 6	0.91
Pound Sterling to USD / Jan 6	1.25
USD to Japanese Yen / Jan 7	157.55
Euro to USD / Jan 7	1.04

Stock	Volume
S&P 500 / Jan 6	5,975.38
Nasdaq / Jan 6	19,864.98
FTSE 100 / Jan 6	8,249.66
Dow Jones / Jan 6	42,706.56
Germany DAX 30 / Jan 6	20,216.19
France CAC40 / Jan 6	7,445.69
India Sensex / Jan 7	78,237.48
Tokyo Nikkei / Jan 7	40,083.30

Item	Value
Gold 10 Grams PKR / Jan 6	234,225
Petrol/Litre / Jan 7	252.66
Crude Oil USD/Barrel / Jan 7	73.37
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold Spot USD/Ounce / Jan 7	2,639.74
Diesel/Litre / Jan 7	258.34

Gainers
Losers
Leaders

Stock	Price
D.M. Textile / Jan 7 D.M. Textile Mills Limited(DMTX)	55.30 ▲ 5.03 (10.01%)
Shadman Cotton / Jan 7 Shadman Cotton Mills Limited(SHCM)	32.43 ▲ 2.95 (10.01%)
Engro Holdings Ltd / Jan 7 Engro Holdings Limited(ENGROH)	261.71 ▲ 23.79 (10.00%)
Apna Microfin. / Jan 7 Apna Microfinance Bank Limited(AMBL)	11.01 ▲ 1.00 (9.99%)
Sec. Inv. Bank / Jan 7 Security Investment Bank Limited(SIBL)	11.25 ▲ 1.02 (9.97%)
Pak. P.V.C. / Jan 7 Pakistan PVC Limited(PPVC)	12.36 ▲ 1.12 (9.96%)
JDW Sugar / Jan 7 JDW Sugar Mills Limited(JDWS)	820 ▲ 72.11 (9.64%)
Ask.Gen.Insur. / Jan 7 Askari General Insurance Company Limited(AGIC)	30.96 ▲ 2.70 (9.55%)
Fateh Sports / Jan 7 Fateh Sports Wear Limited(FSWL)	86 ▲ 7.43 (9.46%)

Stock	Price
First Capital Equities / Jan 7 First Capital Equities Limited(FCEL)	6.07 ▼ -0.89 (-12.79%)
Burj Clean Energy Modaraba / Jan 7 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7 ▼ -1.00 (-12.50%)
Pak Stock Exchange / Jan 7 Pakistan Stock Exchange Limited(PSX)	29.85 ▼ -3.32 (-10.01%)
Chakwal Spinning / Jan 7 Chakwal Spinning Mills Limited(CWSM)	68.32 ▼ -7.59 (-10.00%)
Frontier Ceram / Jan 7 Frontier Ceramics Limited(FRCL)	26.90 ▼ -2.99 (-10.00%)
GOC (Pak) / Jan 7 GOC (Pak) Limited.(GOC)	78.41 ▼ -8.71 (-10.00%)
Hafiz Ltd. / Jan 7 Hafiz Limited(HAFL)	253.51 ▼ -28.17 (-10.00%)
Karam Ceramics / Jan 7 Karam Ceramics Limited(KCL)	53.55 ▼ -5.95 (-10.00%)
Pak Engineering / Jan 7 Pakistan Engineering Company Limited(PECO)	604.27 ▼ -67.14 (-10.00%)

Stock	Volume
Cnergyico PK / Jan 7 Cnergyico PK Limited(CNERGY)	83,169,417 ▼ -0.33
Fauji Foods Ltd / Jan 7 Fauji Foods Limited(FFL)	47,302,289 ▼ -0.98
WorldCall Telecom / Jan 7 Worldcall Telecom Limited(WTL)	45,367,669 ▼ -0.01
Fast Cables / Jan 7 Fast Cables Limited(FCL)	41,206,673 ▼ -1.50
K-Electric Ltd. / Jan 7 K-Electric Limited(KEL)	37,359,837 ▼ -0.11
Pak Refinery / Jan 7 Pakistan Refinery Limited(PRL)	35,279,026 ▼ -3.15
Pak Elektron / Jan 7 Pak Elektron Limited(PAEL)	30,582,564 ▼ -2.43
Symmetry Group / Jan 7 Symmetry Group Limited(SYM)	28,673,030 ▼ -0.67
Sui South Gas / Jan 7 Sui Southern Gas Company Limited(SSGC)	21,748,616 ▼ -3.72

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular