News stories for Rizwan Bhatti

Rizwan Bhatti

Financial institutions: SBP formulates instructions on internal audit function

The State Bank of Pakistan (SBP) has formulated Internal Audit Function (IAF) instructions for Financial Institutions (FIs) to provide a standardized framework for the establishment and implementation of robust internal audit governance.

Published 12 Apr, 2019 12:00am

Financial institutions: SBP formulates instructions on internal audit function

Published 12 Apr, 2019 12:00am

Financial institutions: SBP formulates instructions on internal audit function

Published 12 Apr, 2019 12:00am

Markets

SBP report: Investors wary about delay in adjustment of drug prices

The State Bank of Pakistan (SBP) has said that massive delay in adjustment of medicine prices has made foreign and domestic investors wary of investing in pharmaceutical sector. The pharmaceutical industry has extensive exposure to exchange rate risk and

Published 10 Apr, 2019 12:00am

Markets

SBP report: Investors wary about delay in adjustment of drug prices

Published 10 Apr, 2019 12:00am

Markets

SBP report: Investors wary about delay in adjustment of drug prices

Published 10 Apr, 2019 12:00am

New banking ombudsman still waiting for oath

The oath-taking ceremony of new Banking Ombudsman (Mohtasib) has not taken place although over three months have passed since the issuance of a notification about his appointment. The four-year term of the current Banking Ombudsman expired on March 13, 20

Published 09 Apr, 2019 12:00am

New banking ombudsman still waiting for oath

Published 09 Apr, 2019 12:00am

New banking ombudsman still waiting for oath

Published 09 Apr, 2019 12:00am

Markets

ECs to sell greenback on presentation of evidence

Exchange Companies on Friday decided to sell dollar only for travel, education and medical purposes on presentation of evidence. Malik Muhammad Bostan President FAP told Business Recorder that association has decided to sell the dollar only for tra

Published 06 Apr, 2019 12:00am

Markets

ECs to sell greenback on presentation of evidence

Published 06 Apr, 2019 12:00am

Markets

ECs to sell greenback on presentation of evidence

Published 06 Apr, 2019 12:00am

Forex reserves up $2.4 billion in March

With arrival of inflows from China and UAE, Pakistan''s total liquid foreign reserves mounted up by $2.4 billion during March 2019. The country''s foreign exchange reserves are gradually increasing and crossed $17 billion mark end of the last month due to

Published 05 Apr, 2019 12:00am

Forex reserves up $2.4 billion in March

With arrival of inflows from China and UAE, Pakistan's total liquid foreign reserves mounted up by $2.4 billion during March 2019. The country's foreign exchange reserves are gradually increasing and crossed $17 billion mark end of the last month due to r

Published 05 Apr, 2019 12:00am

Forex reserves up $2.4 billion in March

Published 05 Apr, 2019 12:00am

Policy rate hiked to 10.75 percent

The State Bank of Pakistan (SBP) on Friday hiked the key policy rate by 50 basis points (bps) to 10.75 percent. Rising inflationary pressure on the economy, higher fiscal and current account deficit and massive government borrowing from the SBP are the fa

Published 30 Mar, 2019 12:00am

Policy rate hiked to 10.75 percent

Published 30 Mar, 2019 12:00am

Policy rate hiked to 10.75 percent

Published 30 Mar, 2019 12:00am

Policy rate hiked to 10.75 percent

Published 30 Mar, 2019 12:00am

Mobile phone levy, taxes: SBP tells banks to ensure payment through OTC channel

The State Bank of Pakistan (SBP) has advised banks to ensure payment of mobile phone levy and other taxes through Over-the-Counter (OTC) facility. The project of ''Online Collection of Government Taxes & Duties" was officially launched on March 20, 2018,

Published 24 Mar, 2019 12:00am

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
Petrol/Litre / Jan 8	252.66
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Diesel/Litre / Jan 8	258.34

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.35 ▲ 0.46 (15.92%)
Dadabhoy Cement / Jan 8 Dadabhoy Cement Industries Limited(DBCI)	6 ▲ 0.61 (11.32%)
Paramount Mod / Jan 8 First Paramount Modaraba(FPRM)	10.27 ▲ 1.00 (10.79%)
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%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.30 ▼ -2.03 (-11.71%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-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%)
Ismail Ind. / Jan 8 Ismail Industries Limited(ISIL)	1,775 ▼ -196.23 (-9.95%)
F.Credit & Inv / Jan 8 First Credit and Investment Bank Limited(FCIBL)	7.52 ▼ -0.78 (-9.40%)
Fateh Sports / Jan 8 Fateh Sports Wear Limited(FSWL)	71.20 ▼ -7.37 (-9.38%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.40 ▼ -2.52 (-9.36%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	413,571,712 ▲ 0.15
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.21
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▲ 0.01
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▲ 0.11
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 1.56
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -0.57
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	23,513,012 ▼ -0.78
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.11
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▲ 0.22

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