News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Markets

Textile sector has potential to boost exports, create jobs: Professor Hina

Vice Chancellor Pakistan Institute of Fashion and Design Professor Hina Tayaba Khalil said that textile export industry in Pakistan particularly in Punjab have the infrastructure, potential and opportunities to increase exports and generate thousands of n

Published 30 Jun, 2019 12:00am

Markets

Textile sector has potential to boost exports, create jobs: Professor Hina

Published 30 Jun, 2019 12:00am

Punjab PA passes over Rs 90 billion supplementary demands for grants

Amid opposition protest, the Punjab Assembly on Friday passed the supplementary demands for grants for the year 2018-19 of over Rs 90 billion. The opposition boycotted the speech of Chief Minister Sardar Usman Buzdar.

Published 29 Jun, 2019 12:00am

PML-N for probing causes of hike in dollar's value, sugar price

The Pakistan Muslim League (N) demanded on Thursday that the government should constitute a parliamentary committee to probe the reasons of increase in prices of sugar and dollar. PML (N) MPA Sheikh Allauddin put forth this demand during a general discuss

Published 28 Jun, 2019 12:00am

Punjab PA passes Finance Bill 2019 with one amendment

The Punjab Assembly on Wednesday passed the Finance Bill 2019 with only one amendment regarding withdrawal of sales tax on intercity AC buses in a bid to provide relief to the people. The schedule of authorized expenditure for the year 2019-20 was laid in

Published 27 Jun, 2019 12:00am

Markets

FY2019-20; Punjab PA passes 41 demands for grants worth Rs 1.824 trillion

The Punjab Assembly on Tuesday passed with a thumping majority 41 demands for grants worth over Rs 1.824 trillion for the financial year 2019-20.

Published 26 Jun, 2019 12:00am

Markets

Punjab government plans industrial estates in 36 districts

Punjab Finance Minister Makhdoom Hashim Jawan Bakht said Monday that the government plans to establish industrial estates in 36 districts of Punjab according to the competitive strength of the district. He announced this while concluding the discussion on

Published 25 Jun, 2019 12:00am

Punjab budget reflects PTI's vision: PAC chief

Chairman Public Accounts Committee Punjab Syed Yawar Abbas Bukhari has said that the PTI-led coalition government has given Rs 233 billion surplus budget to a province which is under debt of Rs 2600 billion. He expressed these views during a general discu

Published 19 Jun, 2019 12:00am

Markets

Hamza foresees many mini budgets in future

Opposition leader in Punjab Assembly Hamza Shahbaz Sharif on Monday expressed his apprehension that many mini budgets are expected in near future. He said this while opening the budget speech in Punjab Assembly. He said 14-page budget short speech of fina

Published 18 Jun, 2019 12:00am

Rs 2.3 trillion Punjab budget focuses regional equalization

Punjab Finance Minister Makhoom Hashim Jawan Bakht on Friday presented the Punjab budget for fiscal year 2019-20 with an outlay of more than Rs 2300 billion in the provincial assembly. During his budget speech, the minister said that social protection, hu

Published 15 Jun, 2019 12:00am

Rs 2.3 trillion Punjab budget focuses regional equalization

Published 15 Jun, 2019 12:00am

Rs 2.3 trillion Punjab budget focuses regional equalization

Published 15 Jun, 2019 12:00am

Rs 2.3 trillion Punjab budget focuses regional equalization

Published 15 Jun, 2019 12:00am

Markets

Country passing through economic crisis: Hamza

Opposition leader in Punjab Assembly Hamza Shahbaz Sharif said that circumstances for investors are not favourable in Pakistan. While addressing the session, Hamza said investment has dropped by 52% and devaluation of our currency is the lowest in the reg

Published 14 Jun, 2019 12:00am

Raising total revenue by 33pc to be a challenge: IPR

The ambitious goal of raising total revenue by 33 percent will be a challenge in the face of moderate economic growth, said Institute for Policy Reforms in its review of the federal budget 2019-20 issued here Wednesday. According to the review the framewo

Published 13 Jun, 2019 12:00am

HEC's junior officers accused of interfering in government universities

Undue interference by junior officers deputed in the Higher Education Department Punjab from college cadre in administrative matters of public sector universities and colleges is increasing day by day. Well informed sources told Business Recorder t

Published 12 Jun, 2019 12:00am

Talks with government: PRGMEA distances itself from APTMA

Representatives of five zero rated sectors (value added textile, carpet, leather, sports goods and surgical goods) have distanced themselves from All Pakistan Textile Mills Association (APTMA) after a news circulated by APTMA leadership regarding negotiat

Published 08 Jun, 2019 12:00am

Markets

Budget proposals 2019-20: APTMA seeks permission to procure gas under zero rating facility

In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has demanded permission to procure gas under zero rating facility for taxpayers who applied for it under the STGO No. 18 of 2007.

Published 23 May, 2019 12:00am

PhD, MPhil courses: PU faculty, administration divided over HEC directives

The faculty members and administration of University of the Punjab is not the same page on the decision of Higher Education Commission of Pakistan to halt admissions in 27 PhD and 33 MPhil/ MS equivalent programs offered by the varsity.

Published 18 May, 2019 12:00am

Three names shortlisted for PHEC chairman

The process of appointment of permanent chairperson of the Punjab Higher Education Commission (PHEC) has entered the final stage. As many as 143 candidates had submitted applications for the post of second permanent chairperson. Chairman Prime Minister Ta

Published 16 May, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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