News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

'Banks should extend advances to individuals, enhance size of loans'

LAHORE: Banks should extend advances to individuals and enhance the size of loans for a positive impact on financial...

Published 29 Jul, 2020 02:48am

Markets

Power generation falls by 1pc in FY20

LAHORE: Power generation in Pakistan has declined by 1% YoY to 121,867 GWh (23,618 MW) during FY20 as compared to...

Published 28 Jul, 2020 02:43am

Experts identify major snags to wind power generation

LAHORE: Low credibility and capacity of pertinent regulatory and monitoring bodies, administrative delays and...

Published 26 Jul, 2020 02:47am

Business & Finance

Non-users of Islamic banking: Narrow branch network, inconvenient locations termed barriers

LAHORE: A narrow branch network, inconvenient branch locations and perception that "Islamic banks do not completely...

Published 25 Jul, 2020 02:49am

Business & Finance

High incidence of taxes on imports: Under-invoicing, smuggling on the rise

LAHORE: Under-invoicing and smuggling are large due to high incidence of taxes on imports as 45 to 50 percent of the...

Updated 24 Jul, 2020 04:12am

Bilawal demands NAB chairman's resignation

LAHORE: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari said on Wednesday that chairman National...

Published 23 Jul, 2020 02:47am

Business & Finance

Governments' focus on oppressive implication of WHT regime

LAHORE: Both the federal and provincial governments are focusing on the oppressive implication of withholding tax...

Updated 22 Jul, 2020 04:01am

Pakistan

PPP, PML-N agree to hold APC after Eid

LAHORE: In order to devise a joint strategy against the government, opposition parties, particularly PPP and the...

Published 21 Jul, 2020 02:55am

Business & Finance

AEDB assists SBP in revising financing schemes for renewable energy

LAHORE: The Alternative Energy Development Board (AEDB) has assisted State Bank of Pakistan in revision of SBP's...

Published 19 Jul, 2020 02:41am

Databank for '360-degree' view of taxpayers developed

LAHORE: The Federal Board of Revenue (FBR) has captured data sources such as banks, vehicles and real estate...

Published 17 Jul, 2020 02:53am

Business & Finance

Frequent change of FBR chiefs affect policy guideline: experts

LAHORE: Repeated replacements of Chairman Federal Board of Revenue (FBR) in a short period of 22 months have...

Published 16 Jul, 2020 02:38am

Markets

Hydro resources: About 89 percent of possible power production yet to be harnessed

LAHORE: About 89 percent of the electricity production potential from hydro resources is yet to be harnessed as the...

Updated 15 Jul, 2020 03:20am

Business & Finance

'Low interest rate to inflict negative impact on banks' profitability'

LAHORE: The low interest rate would have a negative impact on the profitability of the banking sector as banks enjoy...

Published 14 Jul, 2020 02:57am

Markets

Government fails to promote renewable energy

LAHORE: The federal government's efforts to promote renewable energy (RE) are limited to lip-service over the last...

Updated 11 Jul, 2020 03:17am

Pakistan

Delay in refund claims: Inflated claims, unreported sales prime factors

LAHORE: Inflated refund claims, unreported sales and domestic sales disguised as exports are prime factors behind a...

Published 10 Jul, 2020 02:47am

Markets

WHT on banking transactions slows down deposit growth

LAHORE: The imposition of withholding tax on banking transactions has resulted in the slowdown of bank deposit ...

Published 09 Jul, 2020 02:43am

Business & Finance

Protection of local industry: 'Revenue generation prime objectives of existing tariff structure'

LAHORE: Revenue generation and protection of local industry are important objectives of existing tariff structure as...

Published 07 Jul, 2020 02:54am

Withholding regime: 'About half of tax generated remains unclaimed'

LAHORE: About half of the tax generated from withholding regime remains unclaimed, and still almost 90 percent of...

Published 05 Jul, 2020 03:01am

Business & Finance

Finance Bill: Punjab leads in offering tax relief steps

LAHORE: The province of Punjab is leading other provinces in offering tax relief measures in its Finance Bill to...

Published 03 Jul, 2020 02:59am

Business & Finance

FBR unlikely to achieve Rs3.908trn revised tax target

The Federal Board of Revenue (FBR) will not be able to meet the revised target of Rs 3.908 trillion for 2019-20 even after the resumption of economic activity during the last fortnight of Ramazan for Eid-ul-Fitr, sources said.

Published 31 May, 2020 12:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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