News stories for Ali Khizar - Business Recorder

Ali Khizar

Opinion

Why monetary policy prudence is a virtue

The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to...

Updated 09 Sep, 2024 08:02am

Opinion

The IPP negotiation dilemma: govt required to step back?

Negotiations with Independent Power Producers (IPPs), particularly those involving local owners under the 1994 and...

Updated 02 Sep, 2024 07:22am

Opinion

IMF programme delay adding to uncertainty

There is growing unease due to delays in the IMF board approval. The Staff-Level Agreement (SLA) was reached in...

Updated 26 Aug, 2024 07:40am

Opinion

Digital dilemma: building a firewall against growth

In today’s world, internet connectivity is as essential as electricity or running water. Remarkably, it remains one...

Published 19 Aug, 2024 03:20am

Opinion

Task force on IPPs: another wild goose chase?

The formation of the Energy Task Force on Independent Power Producers (IPPs) appears to be a distraction from the...

Published 12 Aug, 2024 06:36am

Opinion

Economy: durable solutions remain elusive

The FY25 budget presents challenges for everyone, with few economic actors benefiting. Despite compromises due to...

Updated 05 Aug, 2024 08:41am

Opinion

Restore macroeconomic stability to revive private sector credit

Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced ...

Updated 29 Jul, 2024 07:15am

Opinion

Smoke and mirrors

Pakistan’s energy sector is in a peculiar mess. On paper, the electricity supply is sufficient at a lower energy...

Updated 22 Jul, 2024 07:17am

Opinion

Challenge of lower growth: IMF bailout insufficient

The IMF Staff-Level Agreement (SLA) for $7 billion programme is done. However, that does not ensure revival of the...

Updated 15 Jul, 2024 08:17am

Opinion

Only some bold steps can help govt fix the economy

Last week, CFA Society Pakistan conducted a seminar in Karachi where two former Deputy Governors of State Bank of...

Updated 08 Jul, 2024 08:44am

Opinion

Budget tightens the screws on urban middle class

The FY25 budget has been passed, potentially securing next programme from the IMF (International Monetary Fund) and...

Updated 01 Jul, 2024 07:22am

Opinion

Stock market growth mirage

The stock market is booming, and the KSE 100 index has almost doubled in the past year. The market is at an all-time...

Published 24 Jun, 2024 07:25am

Opinion

A budget that at once seems overambitious

Overambition is the call of the day. Con-crete measures to support high taxation growth—something the country...

Updated 13 Jun, 2024 07:53am

Opinion

Equitable taxation: a precondition for meaningful economic reform

Negotiations with the IMF on the next programme are ongoing, with budget formation being an integral part of the...

Updated 10 Jun, 2024 08:18am

Opinion

‘Strategic’ SOEs bereft of strategic merits

“There is no such thing as a strategic SOE.” This statement by Finance Minister Aurangzeb is spot on. However,...

Published 03 Jun, 2024 06:30am

Opinion

The long and winding road to revitalising investment

Pakistan’s investment-to-GDP ratio is at its lowest in fifty years, despite promises of tens of billions in ...

Updated 27 May, 2024 06:54am

Opinion

Need for a balanced revenue-sharing framework

One of the key demands of the IMF is to increase the tax-to-GDP ratio to 13-14 percent by the end of the upcoming...

Updated 20 May, 2024 06:21am

Opinion

Tax reforms: Aurangzeb has a difficult road ahead

Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,...

Published 13 May, 2024 06:08am

Opinion

Inflation expectations: normalcy in sight?

The recent data points and trends suggest that inflation is likely to come down at a faster pace than expected. This...

Updated 06 May, 2024 07:04am

Opinion

Political stability critical to attaining sustainable external account stability

The State Bank of Pakistan (SBP) has managed to maintain forex reserves despite facing substantial debt servicing...

Updated 29 Apr, 2024 05:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Flying Cement / Jan 22 Flying Cement Company Limited(FLYNG)	27.54 ▲ 2.50 (9.98%)

Stock	Price
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	596.94 ▼ -62.59 (-9.49%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.30 ▼ -0.76 (-9.43%)
Ellcot Spinning / Jan 22 Ellcot Spinning Mills Limited(ELSM)	110 ▼ -10.00 (-8.33%)
Pak Gulf Leasing / Jan 22 Pak-Gulf Leasing Company Limited(PGLC)	20.80 ▼ -1.84 (-8.13%)
Dewan Motors / Jan 22 Dewan Farooque Motors Limited(DFML)	42.02 ▼ -3.70 (-8.09%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.13
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	77,761,888 ▲ 2.20
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	75,342,898 ▼ -0.05
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.04
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 2.13
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.01
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.84
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.07
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	16,639,582 ▼ -0.38

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