News stories for Hassan Abbas - Business Recorder

Hassan Abbas

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

PHEC permanent chairperson: Appointment criterion sent for CM's nod

A summary of revising the criterion of appointment of permanent chairperson Punjab Higher Education Commission (PHEC) has been sent to chief minister Punjab for approval after being approved by Law Department and Higher Education Department Punjab. Reliab

Published 16 Feb, 2019 12:00am

Only ICMAP paying 'meeting attendance fee': ICAP members

No accountant body in Pakistan is paying "meeting attendance fee" to nominated members by Ministry of Finance except Institute of Cost and Management Accountants of Pakistan (ICMAP), said Ali Latif, member Institute of Chartered Accountants of Pakistan (I

Published 14 Feb, 2019 12:00am

New administrative block to be constructed in AIOU main campus: VC

Vice-Chancellor Allama Iqbal Open University (AIOU), Dr Zia-ul-Qayyum said that new state of the art administrative block will be constructed in the main campus of the university in which offices of all the administrative departments will be established u

Published 13 Feb, 2019 12:00am

Markets

Five-year medium-term economic revival plan in the offing, says minister

Minister of State for Revenue Hammad Azhar Saturday said that the PTI-led government is going to present five-year medium term economic revival plan, to help strengthen the national economy in real term.

Published 03 Feb, 2019 12:00am

Free Trade Agreement: Pak-China talks likely in February: Dagha

Federal Secretary for Commerce Younas Dagha on Friday said that 10th round of talks between China and Pakistan on Free Trade Agreement is expected to be held in February. While talking to media after attending the meeting regarding arrangements of TEXPO 2

Published 26 Jan, 2019 12:00am

Sahiwal tragedy: Opposition expresses dissatisfaction in PA over briefing

Opposition in Punjab Assembly on Thursday expressed dissatisfaction over the briefing given in the Punjab Assembly on Sahiwal killings and demanded formation of a judicial commission to further probe the incident which claimed lives of four citizens. Whil

Published 25 Jan, 2019 12:00am

Absence of ministers, movers of motions irk Punjab speaker

The absence of ministers and movers of adjournment motions and resolutions in the Punjab Assembly prompted the Deputy Speaker to direct the government to "make sure it doesn't happen again". It was witnessed on the private members day in Punjab Assembly t

Published 23 Jan, 2019 12:00am

FPCCI urges government to cut paper prices

The government should play a decisive role for reduction in paper prices as recent massive hikes have given a big blow to this business. Executive Member Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Khamis Saeed Butt stated this while t

Published 23 Jan, 2019 12:00am

Punjab Assembly passes amendment regarding powers of speaker

The Punjab Assembly on Monday unanimously passed the amendment regarding powers of speaker to issue production order of a member under detention. The Assembly also passed The Punjab Right to Public Services Bill, 2018 while the speaker Pervez Elahi deferr

Published 15 Jan, 2019 12:00am

Punjab Assembly: Opposition protests over not removing names from ECL

The opposition in Punjab Assembly on Friday protested against the PTI government for not removing the names of Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari and Sindh Chief Minister Syed Murad Ali Shah from Exit Control List (ECL) despite t

Published 12 Jan, 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