News stories for Ali Khizar - Business Recorder

For the love of Karachi

ARTICLE: Karachi is prestigiously part of the world top 10-12 cities club, in terms of population. In terms of...

Updated 30 Aug, 2020 05:21pm

Opinion

Defusing the pension bomb

ARTICLE: Tick tock tick. That is the sound that the consolidated budget position of any growing expenditure element...

Updated 23 Aug, 2020 10:11am

Opinion

Energy tariffs: increase the denominator

ARTICLE: Last week, an MoU was signed between the government and 2002 policy IPPs to reduce the latter's guaranteed...

Published 16 Aug, 2020 02:18am

Markets

Foreign policy and economic imperatives

ARTICLE: Last week, there was uproar in the market on foreign exchange flowing in and out from friendly countries....

Published 09 Aug, 2020 03:00am

Opinion

Tapping the digital banking potential

ARTICLE: Based on extrapolation from a 2005 SMEDA survey, and using commercial and industrial electricity ...

Published 26 Jul, 2020 02:47am

Markets

Early signs of recovery

ARTICLE: Many economists and analysts have claimed gloom and doom in the aftermath of Covid-19 and exchange rate...

Published 19 Jul, 2020 02:41am

Opinion

Housing thrust - the long mile

Construction of 100,000 five marla (125 sq. yard) houses in one year can create 200,000 direct jobs for masons, carpenters, and plumbers, etc.

Updated 12 Jul, 2020 12:08pm

Opinion

CAA: stay home, stay safe?

PIA's journey from 'great people to fly with' to 'sadly no one wishes to fly with', is a five-decade story....

Updated 05 Jul, 2020 05:19pm

Markets

A week of ill-timed decisions

ARTICLE: Last week was eventful. On Wednesday, long-term bond (PIBs) yields went up in regular auction. The very ...

Published 28 Jun, 2020 02:59am

Markets

SBP must take a pause

State Bank of Pakistan (SBP) is now becoming predicable in its surprises. Right after the announcement of IMF ...

Published 26 Jun, 2020 03:34am

Opinion

Petrol saga - the domino effect

Energy economics is complex; any mismanagement could create a crisis. Recent petrol shortage is...

Updated 22 Jun, 2020 09:18am

Opinion

All is not well beyond budget numbers

ARTICLE: The budget was a non-event. It was presented as a yearly routine. In the last decade or so, budget-making...

Published 14 Jun, 2020 03:09am

Opinion

Between the IMF and Covid-19

By Ali Khizar, Head of Research at Business Recorder.

Updated 13 Jun, 2020 11:59am

Opinion

No time for a raise

ARTICLE: It is a tough budget to make this year. The FBR revenues have been stagnant for the last two years. Debt...

Updated 07 Jun, 2020 08:33pm

Opinion

Fiscal mess - straighten the priorities

Budget-making is in the process. This one is a tough budget to make. Covid-19 demands stimulus; but the fiscal deficit is already too high. The government is asking for no new taxes and demanding stimulus for industries and vulnerable. The government want

Updated 31 May, 2020 08:04am

Opinion

Sugar inquiry: Fix the illness not the symptoms

The sugar inquiry report did not focus on the structural problems creating the 'economic rents'. Rather the energies are expended on chasing the rentiers. And the media eyes are on personalities. The study dealt with the tactical issues - nothing on fixin

Published 24 May, 2020 12:01am

Opinion

The going gets tougher

As new data comes in, the bitter reality is sinking. The global economic slowdown is expected to be worse than what was earlier expected. There could be further downside risks to global economic growth outlook of minus 3 percent in 2020. No economist in t

Published 17 May, 2020 12:03am

Opinion

GDP estimates: Between a rock and a hard place

Provincial GDP figures for 2019-20 will be announced. The official number is likely to remain in the range of negative 0.6 percent to 0.7 percent. The IMF projection is of negative 1.5 percent, and SBP's latest estimation is similar. This could be the fir

Updated 10 May, 2020 06:00am

Opinion

Shrinking banking spreads

It's a known fact that banks in Pakistan are not doing their supposed financial intermediation business of routing savings of large pool to lending businesses and consumers. In the developed world, big corporates and governments do not really rely on bank

Published 03 May, 2020 12:05am

Opinion

Is the cement 'cartel' back?

It is widely argued that historically cement cartel existed in Pakistan. It appears that the 'cartel' is back. Last week, reportedly, there was a meeting of cement companies to jack up prices in North. Some say that how can a cartel persist with around tw

Published 25 Apr, 2020 09:49pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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