News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

SAPM for removing linkage of investment with tax exemptions

LAHORE: Special Assistant to Prime Minister on Revenue Dr Waqar Masood Khan has said that the government intended to...

Published 03 Dec, 2020 03:04am

Pakistan

32 officials terminated, 100 penalized on corruption charges: Lesco chief

LAHORE: The Lahore Electric Supply Company (LESCO) chief has terminated 32 officials from service and imposed...

Published 25 Nov, 2020 02:56am

Markets

Lesco to mange 1000MW industrial load with gas load-shedding in winter

LAHORE: Chief Executive Lahore Electric Supply Company (Lesco) Mujahid Pervaz Chattah said on Friday the Lesco ...

Published 22 Nov, 2020 02:52am

Markets

PPDB contributes 1,720MW to national grid

LAHORE: In order to ensure energy sector development and encourage investment in power sector, Punjab Power...

Updated 07 Nov, 2020 03:06am

Business & Finance

'Clause' in IT Ordinance creates confusion between LESCO, FBR

LAHORE: The Clause 66, Part IV, of the second schedule to Income Ordinance has become a hard nut to crack between ...

Published 04 Nov, 2020 02:45am

Business & Finance

Islamic banking: Barriers hindering product innovation identified

LAHROE: Product innovation has become a hard nut to crack for the Islamic banking sector in Pakistan due to multiple...

Published 01 Nov, 2020 02:50am

Markets

FY 2019-20: Net deletion of 276MW from power generation capacity occurred

LAHORE: A net deletion of 276 MW took place from the installed electric power generation capacity of the country...

Published 29 Oct, 2020 02:53am

Pakistan

31,389 villages in country yet to be electrified

LAHORE: As many as 31,389 villages in Pakistan are yet to be electrified as 157, 203 out of 188,592 villages are...

Published 27 Oct, 2020 02:59am

Markets

Govt may ban new imported fuel-based power projects

LAHORE: The federal government is considering a blanket ban on new imported fuel-based power projects, said Pakistan...

Published 25 Oct, 2020 02:25am

Markets

AEDB to notify ARE Policy 2020 soon

LAHORE: The Alternate Energy Development Board (AEDB) has planned to finalize and notify Alternate Renewable Energy...

Published 23 Oct, 2020 02:32am

Business & Finance

Economic growth: Development of Sukuk market brings positive impact: experts

LAHORE: Development of Sukuk market has a positive impact on the economic growth of the country, as one unit ...

Published 21 Oct, 2020 02:53am

Pakistan

Diamer-Bhasha dam: Life without any sediment management measure estimated at 70 years

LAHORE: The life of Diamer Bhasha dam without any sediment management measure is estimated 70 years with annual...

Published 14 Oct, 2020 03:33am

Business & Finance

Tax evasion: FBR plans to enhance accountability of officials

LAHORE: The Federal Board of Revenue (FBR) is planning to enhance accountability of the officials responsible for ...

Published 11 Oct, 2020 02:47am

Pakistan

Non-poor households receive larger electricity subsidy benefits

LAHORE: Non-poor households receive comparatively larger electricity subsidy benefits than poor households; ...

Published 08 Oct, 2020 02:54am

Pakistan

DISCOs'recovery losses surge 200 percent in 2018-19

LAHORE: Recovery losses of distribution companies (DISCOs) in Pakistan have risen to 200 percent in 2018-19 ...

Published 06 Oct, 2020 03:00am

Pakistan

QESCO, HESCO increased loadshedding duration in 2019

LAHORE: All distribution companies (DISCOs) except Quetta Electric Supply Company (QESCO) and Hyderabad Electric...

Published 04 Oct, 2020 02:47am

Pakistan

No bidder turns up at auction of RML land

LAHORE: No potential bidder turned up to participate in auction of land measuring 41 kanal, 12 marla, 130 sq. ft,...

Published 30 Sep, 2020 02:42am

Business & Finance

Agri and SME sectors: Islamic banking's real potential still untapped: sources

LAHORE: Islamic banking financing to the agriculture and SME sectors is low in a scenario where the government is...

Published 29 Sep, 2020 02:57am

Markets

'Biomass power plants produce low-cost electricity'

LAHORE: The cost of electricity from a biomass-to-electricity power plant is less than solar and wind power plants,...

Published 27 Sep, 2020 02:33am

Business & Finance

Adoption of internet banking still below anticipated levels

LAHORE: Regardless of the rise in number of internet banking users, its adoption is still below the anticipated...

Published 24 Sep, 2020 02:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 28	278.92
USD PKR Interbank Buying / Jan 28	278.72
USD to Japanese Yen / Jan 28	155.41
USD to Swiss Franc / Jan 28	0.90
Pound Sterling to USD / Jan 28	1.24
Euro to USD / Jan 28	1.04

Stock	Volume
S&P 500 / Jan 28	6,067.70
Nasdaq / Jan 28	19,733.59
FTSE 100 / Jan 28	8,533.87
Dow Jones / Jan 28	44,850.35
Germany DAX 30 / Jan 28	21,430.58
France CAC40 / Jan 28	7,897.37
India Sensex / Jan 29	76,280.68
Tokyo Nikkei / Jan 29	39,346.10

Item	Value
Crude Oil USD/Barrel / Jan 28	73.71
Karachi Cotton PKR/37.32 KG / Jan 28	18,485
Gold 10 Grams PKR / Jan 28	247,560.80
Gold Spot USD/Ounce / Jan 28	2,762.94
Cotton US¢/pound / Jan 28	67.08
Petrol/Litre / Jan 29	256.13

Gainers
Losers
Leaders

Stock	Price
Redco Textile / Jan 29 Redco Textiles Limited(REDCO)	19.97 ▲ 1.82 (10.03%)
Saritow Spinning / Jan 29 Saritow Spinning Mills Limited(SSML)	14.81 ▲ 1.35 (10.03%)
Leather Up Ltd. / Jan 29 Leather Up Limited(LEUL)	44.41 ▲ 4.04 (10.01%)
LSE Ventures / Jan 29 LSE Ventures Limited(LSEVL)	13.20 ▲ 1.2 (10%)
Sanghar Sugar / Jan 29 Sanghar Sugar Mills Limited(SANSM)	30.69 ▲ 2.79 (10%)
Calcorp Ltd / Jan 29 Calcorp Limited(CASH)	31.50 ▲ 2.86 (9.99%)
Shahmurad Sugar / Jan 29 Shahmurad Sugar Mills Limited(SHSML)	393.98 ▲ 31.53 (8.7%)
J.A.Textile / Jan 29 J.A. Textile Mills Limited(JATM)	31.50 ▲ 2.48 (8.55%)
Chashma / Jan 29 Chashma Sugar Mills Limited(CHAS)	75.50 ▲ 5.5 (7.86%)

Stock	Price
Tariq Corp.Pref. / Jan 29 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
Dewan Textile / Jan 29 Dewan Textile Mills Limited(DWTM)	6.17 ▼ -0.83 (-11.86%)
Karam Ceramics / Jan 29 Karam Ceramics Limited(KCL)	55.71 ▼ -6.19 (-10%)
Bata (Pak) / Jan 29 Bata Pakistan Limited(BATA)	1,800.10 ▼ -184.42 (-9.29%)
First IBL Mod. / Jan 29 First IBL Modaraba(FIBLM)	2.90 ▼ -0.2 (-6.45%)
Sec. Inv. Bank / Jan 29 Security Investment Bank Limited(SIBL)	8.66 ▼ -0.59 (-6.38%)
Premium Textile / Jan 29 Premium Textile Mills Limited(PRET)	375 ▼ -24.78 (-6.2%)
I.C.C. Ind. / Jan 29 ICC Industries Limited(ICCI)	12.16 ▼ -0.76 (-5.88%)
Pak Synthetics / Jan 29 Pakistan Synthetics Limited(PSYL)	37.25 ▼ -2.25 (-5.7%)

Stock	Volume
WorldCall Telecom / Jan 29 Worldcall Telecom Limited(WTL)	67,917,203 ▼ -0.02
Sui South Gas / Jan 29 Sui Southern Gas Company Limited(SSGC)	29,454,322 ▲ 0.46
Cnergyico PK / Jan 29 Cnergyico PK Limited(CNERGY)	28,426,632 ▲ 0.2
Fauji Foods Ltd / Jan 29 Fauji Foods Limited(FFL)	26,339,311 ▲ 0.2
Citi Pharma Ltd / Jan 29 Citi Pharma Ltd.(CPHL)	26,038,104 ▲ 4.59
K-Electric Ltd. / Jan 29 K-Electric Limited(KEL)	19,288,026 ▲ 0.16
Fauji Cement / Jan 29 Fauji Cement Company Limited(FCCL)	18,743,736 ▼ -0.32
Lotte Chemical / Jan 29 Lotte Chemical Pakistan Limited(LOTCHEM)	14,546,524 ▼ -0.05
Pak Elektron / Jan 29 Pak Elektron Limited(PAEL)	14,387,699 ▲ 0.02

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