News stories for Rizwan Bhatti

Rizwan Bhatti

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

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

Technology

SBP allows IT cos to acquire shareholding in entities abroad

KARACHI: In order to enhance IT exports, the State Bank of Pakistan (SBP) on Thursday allowed export-oriented IT...

Updated 12 Jul, 2024 09:05am

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

FY24: forex reserves record increase of over $5bn on foreign inflows

Foreign exchange position improved during the last fiscal year supported by arrival of inflows from the international financial and multilateral agencies

Updated 05 Jul, 2024 09:30am

Business & Finance

Fruits, vegetables: Exports may face downward trend due to load of taxes: PAHF

KARACHI: Exporters have warned that export of fruit and vegetables may face a declining trend due to imposition of...

Published 04 Jul, 2024 07:53am

Business & Finance

Rice exports hit historic high of $3.88bn in FY24

KARACHI: For the first time in the history, Pakistan’s rice sector has achieved a historic milestone of $ 3.88...

Published 04 Jul, 2024 05:47am

Sugar export: 100pc receipt of export proceeds in advance made mandatory

KARACHI: The State Bank of Pakistan (SBP) has linked the export of sugar with 100 percent receipt of export proceeds...

Updated 03 Jul, 2024 09:23am

Aurangzeb says empathises with salaried class

KARACHI: Finance Minister Muhammad Aurangzeb has said the government will provide relief to the salaried class at...

Updated 02 Jul, 2024 09:24am

Conventional to Islamic banking: SBP issues broad parameters for conversion

KARACHI: The State Bank of Pakistan (SBP) has developed broad guiding parameters to help banks to devise their...

Updated 29 Jun, 2024 09:10am

Profit, dividend: Foreign investors repatriate record $918m in May

KARACHI: Foreign investors have repatriated the highest-ever $918 million on account of profit and dividend during...

Updated 28 Jun, 2024 08:23am

Commodity traders seek permission to export surplus wheat

KARACHI: Pakistan can earn a foreign exchange of over $300 million through the export of one million tons of surplus...

Updated 25 Jun, 2024 08:27am

Business & Finance

PFVA demands restoration of 1pc tax regime

KARACHI: Fruit and vegetable exporters have rejected the new proposed tax regime for exporters and demanded...

Updated 24 Jun, 2024 08:44am

Business & Finance

Primary payments: C/A posts $270m deficit in May

KARACHI: After a surplus for three consecutive months, the country recorded a current account deficit of $ 270...

Published 22 Jun, 2024 06:47am

Rs8bn tagged for ‘Haari cards’

KARACHI: The Sindh government has allocated Rs 8 billion in the next fiscal year budget for “Haari Card” to provide...

Updated 15 Jun, 2024 08:49am

Sindh earmarks Rs959bn for development expenditures

KARACHI: The Sindh government has earmarked a huge amount of Rs 959 billion for the development expenditures during...

Updated 15 Jun, 2024 04:17pm

Business & Finance

Rs539bn financing to be provided to export sector thru SBP

KARACHI: The federal government has announced to provide a financing of Rs 539 billion to the exporters through ...

Published 13 Jun, 2024 06:22am

Business & Finance

Remittances via formal route: Rs86.9bn set aside for TT charges refund

KARACHI: The federal government has proposed to allocate Rs 86.9 billion for the reimbursement of TT charges to ...

Published 13 Jun, 2024 06:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
FTSE 100 / Dec 3	8,359.41
Dow Jones / Dec 3	44,705.53
Germany DAX 30 / Dec 3	20,016.75
France CAC40 / Dec 3	7,255.42
India Sensex / Dec 4	19,739.03
Tokyo Nikkei / Dec 4	39,276.39

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Petrol/Litre / Dec 4	252.10
Crude Oil USD/Barrel / Dec 4	70.17
Gold Spot USD/Ounce / Dec 4	2,644.45
Diesel/Litre / Dec 4	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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