News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Bold steps need of the hour to address economic challenges: Dr Shahid

Rector, Lahore School of Economics Dr Shahid Amjad Chaudhry said on Wednesday that to address the economic challenges Pakistan needs to introduce measures to boost revenue, contain the current account deficit and revive economic growth.

Published 28 Mar, 2019 12:00am

Punjab public sector's Universities: process of appointing VCs progresses at a snails's pace

The process of appointments of permanent vice chancellors of universities of Punjab and chairperson Punjab Higher Education Commission has not entered in to the final stage. According to the sources the last date of applying for the post of 12 vice chance

Published 25 Mar, 2019 12:00am

Level playing field demands deregulation of LNG sector

Noted businessman and Chairman Associated Group Iqbal Z Ahmed suggested that the government should ensure continued support to LNG sector and deregulate the sector for a level playing field. "There are many loopholes and the private sector's role in LNG h

Published 24 Mar, 2019 12:00am

Punjab Assembly adopts Aab-e-Pak Authority Bill

The Punjab Assembly on Thursday passed Punjab Aab-e-Pak Authority Bill 2019 with majority. All the amendments of the opposition were rejected. The opposition showed their reservation on making Governor Punjab Chaudhry Muhammad Sarwar as patron in chief of

Published 15 Mar, 2019 12:00am

Punjab PA adopts bill to raise MPAs' salaries from Rs 83,000 to Rs 0.2 million

Punjab Assembly unanimously passed a private bill seeking raise in salaries of MAPs on Wednesday. The bill was approved by the legislators few hours after it was presented in the House. It was brought for approval after receiving consent from the standing

Published 14 Mar, 2019 12:00am

Punjab Assembly recommends awards for pilots who downed IAF's planes

The Punjab Assembly on Tuesday unanimously passed a resolution to award medals to Squadron Leader Hassan Siddiqui and Wing Commander Nauman Ali Khan for shooting down two Indian warplanes for intruding into Pakistan's airspace.

Published 13 Mar, 2019 12:00am

Debate in Punjab Assembly: budget 2019-20 will focus on development: minister

Finance Minister Punjab Makhdoom Hashim Jawan Bakht said on Monday that 2019-20 budget will focus on development while the 2018-19 budget was a corrective budget. The Minister said this while opening the pre-budget debate in the Punjab Assembly. He said f

Published 12 Mar, 2019 12:00am

Solid Waste Management Companies: Minister slams PML-N former government over corruption

The hot words were exchanged on Friday between PML-N and PTI lawmakers in Punjab Assembly on the issue of corruption in the Solid Waste Management Companies. The hot words were exchanged between Industries Minister Mian Aslam Iqbal and PML-N MPA Malik Ahm

Published 09 Mar, 2019 12:00am

Solid Waste Management Companies: Minister slams PML-N former government over corruption

Published 09 Mar, 2019 12:00am

Anti-Hindus remarks: Opposition walks out in Punjab Assembly against Chohan's statement

The opposition walked out in Punjab Assembly on Tuesday against the use of derogatory language by Information Minister Fayaz-ul-Hasan Chohan against Hindus. They also demanded the resignation of the minister.

Published 06 Mar, 2019 12:00am

Punjab Assembly: Opposition concerned at transfer of HBL PSL matches

Opposition in the Punjab Assembly on Monday showed concerns over transfer of HBL PSL matches from Lahore to Karachi. The shifting of matches gave the message that we are afraid of tension on the borders. Speaking on a point of order, PML (N) MPA Waris Kal

Published 05 Mar, 2019 12:00am

Punjab Assembly: Opposition concerned at transfer of HBL PSL matches

Published 05 Mar, 2019 12:00am

Handing over of Indian pilot: opposition in Punjab Assembly expresses reservations

Opposition in Punjab Assembly on Friday showed their reservations on handing over Indian captured pilot Abhinandan Varthama to India without consultation with the opposition.

Published 02 Mar, 2019 12:00am

Punjab Assembly passes three bills, congratulates PAF

The Punjab Assembly on Wednesday passed The Punjab Skill Development Authority Bill 2018, The Punjab Technical Education and Vocational Training Authority (Amendment) Bill 2018, The Punjab Board of Technical Education (Amendment) Bill 2018 and The Provinc

Published 28 Feb, 2019 12:00am

Markets

APTMA urges government to revive contracts with IPPs

The All Pakistan Textile Mills Association (APTMA) has demanded the government revive their contracts with the Independent Power Producers as they were involved in over billing. There is a corruption of Rs 200 billion in power sector, it said. While addre

Published 23 Feb, 2019 12:00am

Punjab Assembly rejects PPP's resolution on Durrani's arrest

The panel of chair in the Punjab Assembly rejected Pakistan Peoples Party's resolution against the arrest of Sindh Assembly Speaker Agha Siraj Durrani by the National Accountability Bureau after majority of the members rejected the opposition's demand.

Published 22 Feb, 2019 12:00am

Sasti Roti Scheme: Minister asked to present audit report of Rs 13.374 billion subsidy

Speaker Punjab Assembly on Wednesday directed the Food minister to present the audit report of subsidy of Rs 13.374 billion on wheat in Sasti Roti Scheme introduced by the PML-N government in the next session of Assembly. The Speaker gave these directions

Published 21 Feb, 2019 12:00am

Mansha urges government to portray country's soft image abroad

Chairman Nishat Group and leading businessman of the country Mian Muhammad Mansha said on Wednesday that jobs creation in the country is possible only if we portray a positive image of the country at international level and let the businessmen work. Mansh

Published 21 Feb, 2019 12:00am

Borrowing money: Government hasn't crossed limit, SBP governor clarifies

State Bank of Pakistan Governor Tariq Bajwa said that the federal government has not crossed any limit in borrowing money from the bank. He also dispelled the impression that the country will be facing financial crisis in the current financial year. The S

Published 19 Feb, 2019 12:00am

Borrowing money: Government hasn''t crossed limit, SBP governor clarifies

Published 19 Feb, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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