News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Markets

Irrational energy mix, poor collection lead to high circular debt

LAHORE: Bulk share of thermal generation in the energy mix, poor revenue collection by the distribution companies ...

Published 05 Sep, 2020 02:50am

Markets

Coal-based power generation cheaper than gas and oil by Rs5.60/kWh

LAHORE: Coal-based power generation is cheaper as compared to gas and oil by Rs5.60/kWh on the basis of plant load...

Published 04 Sep, 2020 02:57am

Business & Finance

Industrial sector: Upfront load of WHT leads to increase in energy costs

LAHORE: An upfront load of withholding taxes has led to an increase in energy costs for the industrial sector, ...

Published 03 Sep, 2020 02:42am

Markets

Pakistan incurs Rs600bn T&D losses during 2013-18

LAHORE: Pakistan had lost approximately Rs 600 billion in the form of transmission and distribution (T&D) losses...

Published 02 Sep, 2020 02:42am

Business & Finance

Tax payment process: FBR takes 577 hours/ annum against world average of 108 hours

LAHORE: The Federal Board of Revenue (FBR) takes around 577 hours per annum to complete the tax payment process...

Published 01 Sep, 2020 02:57am

Dams, power projects: Delays causing cost escalation

LAHORE: Delays in completion of dams and power projects is not only raising the overall cost of the projects but ...

Published 30 Aug, 2020 01:42am

Business & Finance

'Tax reforms under TARP prove a failure'

LAHORE: Pakistan tax system reforms carried out under Tax Administration Reform Project (TARP) during 2001-2010 were...

Published 29 Aug, 2020 02:49am

Pakistan

Only 15pc farmers have access to formal financial credit

LAHORE: Only 15 percent of farmers in Pakistan have access to the formal credit while this ratio is further ...

Updated 27 Aug, 2020 03:29am

Business & Finance

Average effective tariff rate in Pakistan highest in region

LAHORE: The average effective tariff rate of 11.2% in Pakistan is the highest in the region against 10.6% in...

Published 26 Aug, 2020 02:29am

Pakistan

Population density increases to 231.99 in per unit area: PEPCO

LAHORE: Population density (Persons/Unit area) in the power sector Pakistan has increased to 231.99 in 2019 from...

Published 23 Aug, 2020 02:30am

Markets

Government plans to introduce renewable energy entrepreneurship

LAHORE: The federal government is planning to introduce renewable energy entrepreneurship in the country to promote...

Published 21 Aug, 2020 03:10am

Markets

'Remittances are used for non-productive purposes in Pakistan'

LAHORE: A larger portion of remittances are used for non-productive purposes like consumption in Pakistan, said...

Published 19 Aug, 2020 02:45am

Markets

'Pakistan cannot harness indigenous energy resources appropriately'

LAHORE: Despite severe energy crises, Pakistan could not harness its indigenous energy resources appropriately....

Published 18 Aug, 2020 03:13am

Business & Finance

'Pakistan's tax-to-GDP ratio not very low as compared to other regional countries'

LAHORE: Pakistan's tax-to-GDP ratio of 14 percent is not very low as compared to other countries of the region,...

Updated 16 Aug, 2020 02:51am

Business & Finance

2014 to 2018: Cost of tax collection rises by 36 percent

LAHORE: The cost of collection of tax in Pakistan has sharply increased over time, jumping to Rs 25 billion in 2018...

Updated 14 Aug, 2020 03:47am

Pakistan

'Efficient use of social media helped Lesco overcome corruption'

LAHORE: An efficient usage of social media has helped the Lahore Electric Supply Company (Lesco) to overcome...

Published 13 Aug, 2020 02:31am

Markets

Pakistan only emerging economy relying on similar energy sources

LAHORE: Pakistan is the only emerging economy relying constantly on similar energy sources. According to the ...

Published 12 Aug, 2020 02:58am

Markets

Electricity consumption: Population growth takes lead over economic growth: experts

LAHORE: High population growth is taking lead over the economic growth in creating demand for electricity ...

Published 11 Aug, 2020 03:08am

50pc revenue collected thru levies at import stage

LAHORE: About 50 percent revenue in Pakistan is collected from levies at the import stage as import tariffs are...

Published 09 Aug, 2020 03:00am

Business & Finance

'No effort made to end WHT regime despite documentation of economy'

LAHORE: No concerted effort is in place to put an end to the withholding tax regime despite substantial ...

Published 06 Aug, 2020 02:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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