News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Markets

Weekly Cotton Review: Prices likely to rise on depleting stocks

LAHORE: Previous week saw an increasing trend in the price of quality cotton. However, with every passing day the...

Updated 01 Jan, 2024 06:52am

Pakistan

Human rights activist Ramla Baig shares her ‘inspiring journey’

LAHORE: Ramla Baig, a human rights activist, called on Tuesday for the implementation of human rights laws. While...

Updated 15 Dec, 2023 06:27pm

Pakistan

Nawaz, Dar, others meet businesspeople

LAHORE: Former prime minister Nawaz Sharif, on his historic visit to Lahore Chamber of Commerce and Industry, has...

Published 17 Nov, 2023 06:06am

Markets

Petroleum imports: OMAP seeks review of existing formula for calculating exchange rate

LAHORE: Oil Marketing Association of Pakistan (OMAP) draws the attention of the Ministry of Petroleum towards the...

Published 16 Nov, 2023 05:39am

Markets

Need stressed for reducing cost of power production, ending uniform tariff policy

LAHORE: There is a need to bring the cost of production of power down in order to reduce the electricity tariff and...

Published 07 Nov, 2023 06:33am

Business & Finance

Pakistan, China agree to fast-track Gwadar Port, ML-1 upgradation

LAHORE: Consul General of China in Lahore Zhao Shiren says the recently concluded 3rd Belt and Road Forum has...

Published 30 Oct, 2023 05:24am

Pak-Iranian border can be turned into ‘economic border’: envoy

LAHORE: Iranian Ambassador in Pakistan Dr Reza Amiri Mughaddam on Sunday suggested that 950-km long Pakistan and...

Updated 23 Oct, 2023 08:44am

Markets

Punjab expecting bumper cotton crop: Gohar

LAHORE: Caretaker Federal Minister for Commerce and Industry Dr Gohar Ejaz says Punjab will witness bumper cotton...

Published 08 Oct, 2023 03:12am

Markets

OMAP chief denies allegations levelled by Ogra

LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Monday said that OMAP sternly ...

Published 26 Sep, 2023 06:33am

Markets shut across Lahore

LAHORE: Traders of Lahore on Saturday closed their shops as a protest against rising inflation and skyrocketing...

Updated 03 Sep, 2023 02:51pm

Business & Finance

Commerce minister urges textile exporters to lay focus on value-added products

Dr Gohar Ejaz says his ministry devising a plan to boost the country’s exports to achieve $ 80 billion export target

Updated 27 Aug, 2023 10:35pm

‘Pak debt is relatively small as compared to the size of economy’

LAHORE: Rector Lahore School of Economics (LSE) Dr Shahid Amjad Chaudhry on Wednesday said Pakistan’s debt is “$85...

Updated 24 Aug, 2023 10:34am

Pakistan

Business community celebrates Independence Day with gaiety and zeal

LAHORE: Business community on the Independence Day stressed their hope that our enthusiasm will pave the way for...

Published 15 Aug, 2023 06:30am

Business & Finance

Chinese co planning to set up ‘textile park’ in Lahore

LAHORE: Optimistic about the huge advantages of Pakistan’s textile industry, Challenge Fashion (Pvt.) Ltd is...

Published 07 Aug, 2023 06:34am

Business & Finance

Sanitary wares: PCMA chief speaks about export potential

LAHORE: Pakistan has the potential of earning a foreign exchange of 10 to 15 million dollars per month only by...

Published 24 Jul, 2023 06:11am

Markets

Inventory loss: OMAP says govt decision impacted OMCs in ‘unfavourable manner’

LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Monday expressed its deep concern on the recent decision...

Published 19 Jul, 2023 03:21am

PM explains why base power tariff hiked

Premier says Rs5 per unit increase was made on the demand of the IMF but also to bring circular debt down

Updated 16 Jul, 2023 11:37am

Business & Finance

Concerns over Ogra’s ‘anti-OMCs’ bias expressed

LAHORE: The emerging Oil Marketing Companies (OMCs) have expressed their concerns regarding the biasness of Oil and...

Published 13 Jul, 2023 04:50am

Markets

Weekly Cotton Review: Market ‘crashes’ during Eid holidays

LAHORE: Cotton market crashed during the two Eidul Azha holidays. Chairman Karachi Cotton Brokers Forum Naseem Usman...

Published 03 Jul, 2023 06:04am

Business & Finance

IMF agreement: business community praises PM

LAHORE: The business community on Saturday has welcomed government’s successful negotiation of a $ 3 billion deal...

Published 02 Jul, 2023 03:13am

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
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

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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