News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

Govt debt stocks rise to Rs69.9trn

KARACHI: The federal government’s total debt stocks rose to Rs 69.6 trillion mark at the end of July 2024 primarily...

Updated 06 Sep, 2024 08:56am

Business & Finance

July C/A deficit falls 78pc YoY on remittances

KARACHI: The country’s current account fell sharply, ie, 78 percent during the first month of this fiscal year...

Published 20 Aug, 2024 06:55am

SBP increases clean lending limit for SMEs by 100pc

KARACHI: Amending the Prudential Regulations for SME Financing, the State Bank of Pakistan (SBP) has announced to...

Updated 17 Aug, 2024 02:37pm

PIACL debt restructuring: Fair value impact to be recognised on PIAHCL portfolio as per IFRS-9: SBP

KARACHI: In order to facilitate banks in executing the PIACL debt restructuring transaction, the State Bank of...

Updated 16 Aug, 2024 09:13am

Business & Finance

External debt-to-GDP ratio hits 6-year low

KARACHI: Pakistan’s external debt to GDP ratio fell to 6 years low, ie, 26 percent at the end of the last fiscal...

Updated 16 Aug, 2024 03:15pm

Business & Finance

July remittances grow 48pc to $3bn YoY

KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year...

Updated 10 Aug, 2024 07:35am

Business & Finance

Record earnings in FY24: Rice exporters now eying $6bn exports

KARACHI: After achieving an all-time high export of $4 billion, rice exporters are now setting their sights on a $6...

Published 09 Aug, 2024 06:56am

Business & Finance

New industrial policy is under preparation: minister

KARACHI: The Sindh government is preparing a new long-term industrial policy to attract the new investors and ...

Published 03 Aug, 2024 06:46am

Business & Finance

Bank financing: Risk coverage scheme for SMEs approved

KARACHI: in order to extend more financing to the SME sector, the federal government, on the recommendation of the...

Published 02 Aug, 2024 05:55am

FIs facing problems: SBP to amend and extend timelines of IFRS 9

KARACHI: The State Bank of Pakistan (SBP) has decided to make some amendments and extend the timelines of IFRS 9...

Updated 31 Jul, 2024 10:18am

Business & Finance

SBP cuts rate by 100bps, raises inflation outlook

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday cut the key policy rate ...

Published 30 Jul, 2024 03:10am

Business & Finance

‘Country in a comfort zone’: SBP chief sees no external debt repayment crisis

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed Monday said with significant improvement in external...

Published 30 Jul, 2024 03:10am

Business & Finance

Foreign investors: Repatriation of profits, dividends hits 6-year high

KARACHI: The repatriation of profits and dividends by foreign investors, during last fiscal year, rose to its...

Published 30 Jul, 2024 03:10am

Business & Finance

Corporate Restructuring Companies: SBP revises guidelines for transfer of NPAs

KARACHI: The State Bank of Pakistan (SBP) made some necessary amendments in the guidelines to facilitate Financial...

Published 25 Jul, 2024 06:24am

SBP asked banks to develop NPLs management strategy

KARACHI: In order to facilitate banks to deal with the existing stock of Non-Performing Loans (NPLs) and minimize...

Updated 24 Jul, 2024 09:15am

Business & Finance

Banks allowed to charge off fully provisioned NPLs

KARACHI: The State Bank of Pakistan (SBP) has allowed the banks to charge off the fully provisioned corporate,...

Updated 24 Jul, 2024 08:59am

Business & Finance

Current account posts lowest deficit in 13 years

KARACHI: The country’s current account recorded 13-year lowest deficit in the last fiscal year 2023-24 (FY24)...

Published 20 Jul, 2024 05:34am

Business & Finance

PFVA demands resumption of FTR for food security

KARACHI: Fruit and Vegetable exporters urged the federal government for resumption of the fixed tax regime to ...

Published 19 Jul, 2024 06:58am

Business & Finance

Economy on the right track: Group CEO Standard Chartered

KARACHI: Bill Winters Group CEO of Standard Chartered (SC) Bank is very optimistic about Pakistan’s economy and said...

Updated 12 Jul, 2024 09:20am

Flour mills go on countrywide strike

Overall, 2,000 flour including 250 mills of Sindh completely shut their operations

Updated 12 Jul, 2024 09:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 6	278.68
USD PKR Interbank Buying / Jan 6	278.48
USD to Japanese Yen / Jan 6	158.25
USD to Swiss Franc / Jan 6	0.91
Pound Sterling to USD / Jan 6	1.25
Euro to USD / Jan 6	1.03

Stock	Volume
S&P 500 / Jan 6	5,975.38
India Sensex / Jan 6	77,964.99
Tokyo Nikkei / Jan 6	40,264.50
Nasdaq / Jan 6	19,864.98
Hang Seng / Jan 6	19,502.29
FTSE 100 / Jan 6	8,249.66
Dow Jones / Jan 6	42,706.56
Germany DAX 30 / Jan 6	20,216.19

Item	Value
Crude Oil USD/Barrel / Jan 6	73.32
Karachi Cotton PKR/37.32 KG / Jan 6	18,285
Gold 10 Grams PKR / Jan 6	234,225
Gold Spot USD/Ounce / Jan 6	2,638.79
Cotton US¢/pound / Jan 6	68.81
Petrol/Litre / Jan 7	252.66

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%)
Suhail Jute / Jan 7 Suhail Jute Mills Limited(SUHJ)	212.38 ▲ 19.31 (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%)
Fateh Sports / Jan 7 Fateh Sports Wear Limited(FSWL)	86 ▲ 7.43 (9.46%)
Dawood Lawrencepur / Jan 7 Dawood Lawrencepur Limited(DLL)	269.99 ▲ 21.92 (8.84%)

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%)
Punjab Mod / Jan 7 First Punjab Modaraba(FPJM)	2.77 ▼ -0.39 (-12.34%)
Chenab Ltd (Pref) / Jan 7 Chenab Limited (Pref)(CLCPS)	3.45 ▼ -0.41 (-10.62%)
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%)

Stock	Volume
Cnergyico PK / Jan 7 Cnergyico PK Limited(CNERGY)	83,169,417 ▼ -0.47
Fauji Foods Ltd / Jan 7 Fauji Foods Limited(FFL)	47,302,289 ▼ -1.04
WorldCall Telecom / Jan 7 Worldcall Telecom Limited(WTL)	44,374,681 ▼ -0.03
Fast Cables / Jan 7 Fast Cables Limited(FCL)	41,206,673 ▼ -1.80
K-Electric Ltd. / Jan 7 K-Electric Limited(KEL)	37,359,837 ▼ -0.19
Pak Refinery / Jan 7 Pakistan Refinery Limited(PRL)	35,279,026 ▼ -3.56
Pak Elektron / Jan 7 Pak Elektron Limited(PAEL)	30,582,564 ▼ -2.63
Symmetry Group / Jan 7 Symmetry Group Limited(SYM)	28,673,030 ▼ -0.96
Sui South Gas / Jan 7 Sui Southern Gas Company Limited(SSGC)	21,082,614 ▼ -3.50

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