News stories for Rizwan Bhatti

Rizwan Bhatti

Business & Finance

Jul-Oct C/A deficit dips sharply

KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal...

Published 21 Nov, 2023 06:01am

Urea tender validity extended till Monday: All bidders match the lowest bid price

KARACHI: All bidders of the urea import tender, conducted by the Trading Corporation of Pakistan (TCP), have matched...

Updated 18 Nov, 2023 09:07am

T-bills cut-off yield down up to 50bps

KARACHI: The cut-off yield on short-term government papers declined up to 50 basis points (bps) in the auction held...

Updated 16 Nov, 2023 09:25am

Sept debt stocks down 2.6pc to Rs62.291trn MoM

KARACHI: The federal government’s total debt (domestic and external) stocks recorded a decline of 2.6 percent in...

Updated 11 Nov, 2023 08:55am

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

Business & Finance

‘Private sector is in the field’ There’s no plan to import wheat thru TCP: official

KARACHI: The federal government has no plan to import wheat through Trading Corporation of Pakistan (TCP) as the...

Published 10 Nov, 2023 03:07am

Deals on import of over 1.3MMTs of wheat sealed

KARACHI: Pakistani traders have finalized deals for the import of over 1.3 million metric tons of wheat to meet the...

Updated 01 Nov, 2023 09:02am

Business & Finance

Policy rate kept unchanged on inflation, C/A

KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of...

Published 31 Oct, 2023 05:26am

Business & Finance

Cash transactions at BB locations: Biometric verification of accountholders a must: SBP

KARACHI: The State Bank of Pakistan (SBP) has made Biometric Verification (BV) of accountholders mandatory for all...

Published 26 Oct, 2023 06:08am

SBP expects increase in home remittances

KARACHI: With a significant increase in the labour migration, the State Bank of Pakistan (SBP) is expecting...

Updated 25 Oct, 2023 08:42am

Business & Finance

External debt servicing soars to record level in FY23

KARACHI: Pakistan’s external debt servicing soared to record level of some $18 billion mark in the last fiscal ...

Published 24 Oct, 2023 05:05am

Business & Finance

Experts say investment in healthcare sector to help promote medical tourism

KARACHI: Investment in the healthcare sector not only saves the citizens’ precious lives but will also promote the...

Published 17 Oct, 2023 05:51am

Sept workers’ remittances up 5pc to $2.206bn MoM

KARACHI: Inflows of workers’ remittances posted an increase of over 5 percent in September 2023 compared to August...

Updated 11 Oct, 2023 11:03am

Business & Finance

Technology upgradation to boost operations: Faysal Bank plans to expand its branch network to 1,000

KARACHI: Pakistan’s first fully conventional to Islamic converted bank, Faysal Bank Limited (FBL) has planned to...

Published 10 Oct, 2023 06:19am

Business & Finance

Govt debt stocks hit historic high of Rs64trn by Aug-end

KARACHI: The federal government’s total debt (domestic and external) stocks continued upward journey, reaching...

Updated 06 Oct, 2023 09:29am

Technology

Adoption of digital payments can boost GDP by 7pc: study

KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7...

Published 04 Oct, 2023 06:20am

Business & Finance

Crackdown against urea hoarding, smuggling: Market prices sharply decline

KARACHI: Market prices of urea for farmers sharply reduced by some Rs 500 to 600 per bag due to government’s...

Published 26 Sep, 2023 06:33am

For increasing remittance inflows: SBP ups cash incentives for banks, MFBs and ECs

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced increase in the financial incentives for banks,...

Updated 22 Sep, 2023 09:37am

Business & Finance

Margin on short-term investment bonds plunges

KARACHI: The cut-off yield on short-term investment papers declined sharply ranging from 171 basis points to 217...

Published 21 Sep, 2023 06:08am

Business & Finance

Expansion strategy: JS Bank plans to add 11 more branches to its network

KARACHI: Under the branch expansion strategy, JS Bank has planned to add 11 more branches to its network this year...

Published 20 Sep, 2023 06:28am

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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