News stories for Hassan Abbas - Business Recorder

Hassan Abbas

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

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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

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

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

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Gainers
Losers
Leaders

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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