News stories for Rizwan Bhatti

Rizwan Bhatti

Banks’ retail transactions: Q1 share of digital payments soars to 80pc

KARACHI: The share of digital payments in retail transactions of the banking system increased to 80 percent during...

Updated 31 Dec, 2023 07:19pm

SBP terms FY23 ‘extraordinarily challenging’

KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,...

Updated 30 Dec, 2023 08:16pm

Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the...

Updated 28 Dec, 2023 08:53am

Six major currencies: ECs implement new exchange rate mechanism

KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan...

Updated 28 Dec, 2023 09:40am

Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY

Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit

Updated 27 Dec, 2023 09:54am

Open market exchange rate calculation: Mechanism finds favour with ECAP

Exchange Companies Association of Pakistan appreciates State Bank of Pakistan’s efforts for stability of exchange rate

Updated 26 Dec, 2023 10:02am

Open market: SBP unveils new exchange rate mechanism

KARACHI: In order to ensure transparency and credibility to the process of compiling open market exchange rate, the...

Updated 23 Dec, 2023 02:50pm

Nov C/A posts $9m first monthly surplus after June

KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly...

Updated 19 Dec, 2023 10:01am

Business & Finance

PBA launches ‘Shared E-Know Your Customer’ platform

KARACHI: Pakistan Banks Association (PBA), under the guidance of the State Bank of Pakistan, has launched “Shared...

Published 19 Dec, 2023 05:20am

Business & Finance

Key policy rate kept unchanged at 22pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate...

Published 13 Dec, 2023 05:33am

RDA inflows hit record high of $7.035bn

KARACHI: Gross inflows of the Roshan Digital Account (RDA) rose to an all—time higher level of $ 7.035 billion at...

Updated 12 Dec, 2023 08:45am

Digital payments: SBP launches ‘Raast P2M’ service

KARACHI: The State Bank of Pakistan (SBP) has launched an interoperable Raast Person to Merchant (P2M) service to...

Updated 06 Dec, 2023 09:50am

Business & Finance

Jul-Oct govt debt stocks increased by Rs1.641trn

KARACHI: The federal government’s total debt (domestic and external) stocks increased by Rs 1.641 trillion during...

Updated 06 Dec, 2023 08:40am

DPC proposes ‘appropriate’ changes in statute

KARACHI: The Deposit Protection Corporation (DPC) has proposed “appropriate” changes in its statute to enhance its...

Updated 02 Dec, 2023 03:53pm

SBP adopts ‘VPN technology’ for DAP connectivity

KARACHI: The State Bank of Pakistan (SBP) has decided to adopt network level security by implementing the ‘Virtual...

Updated 22 Nov, 2023 09:22am

Business & Finance

Oct remittances up 9.6pc to $2.463bn YoY

KARACHI: Inflows of workers’ remittances recorded a notable 10 percent growth during October 2023 compared to the...

Published 11 Nov, 2023 06:30am

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
Bilal Fibres / Jan 7 Bilal Fibres Limited(BILF)	16.56 ▲ 1.51 (10.03%)
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%)

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%)
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%)

Stock	Volume
Cnergyico PK / Jan 7 Cnergyico PK Limited(CNERGY)	83,169,417 ▼ -0.51
Fauji Foods Ltd / Jan 7 Fauji Foods Limited(FFL)	47,302,289 ▼ -1.16
WorldCall Telecom / Jan 7 Worldcall Telecom Limited(WTL)	43,400,401 ▼ -0.05
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 ▼ -0.21
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)	20,898,283 ▼ -3.80

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