News stories for Farhat Ali - Business Recorder

SOEs: most viable option

One of the IMF key benchmarks for the current Extended Fund Facility programme is the settlement of the fate of...

Published 19 Sep, 2020 02:44am

Opinion

Solutions based on creative thinking

ARTICLE: The incumbent government that has concluded 'business-as-usual' will not get the nation where PTI promised...

Published 12 Sep, 2020 02:43am

Opinion

Country needs FDI

ARTICLE: The Board of Investment (BoI) last week rolled out an investment promotion strategy for the next three...

Published 05 Sep, 2020 02:50am

Opinion

'Make in Pakistan'

ARTICLE: Prime Minister Imran Khan this week pledged to promote the local industry and pursue the policy of "Make in...

Published 29 Aug, 2020 02:49am

Markets

Two years in power

ARTICLE: The year 2020 will be recorded in history as a year of severe global economic and political turmoil and...

Published 22 Aug, 2020 03:24am

Opinion

Culture of licences, permits & NOCs

ARTICLE: In these times when countries around the globe are competing to excel in economic growth, perhaps, none of...

Published 15 Aug, 2020 02:41am

Markets

There's need for gap analysis

ARTICLE: In July 2020, the export proceeds grew by 5.8 per cent to $1.998 billion as per the data released by the...

Published 08 Aug, 2020 02:58am

Opinion

Impacts of Covid-19 on foreign investors

The Overseas Investors Chambers of Commerce and Industry (OICCI) conducted among its member companies a survey this...

Published 01 Aug, 2020 01:12am

Opinion

The rationale for subsidies

ARTICLE: Prime Minister Imran Khan has directed his adviser on finance Dr Hafeez Shaikh to form a "special cell" to...

Published 25 Jul, 2020 02:49am

Opinion

A 'solution' out of the box

ARTICLE: Presiding over a meeting of the Economic think tank early this week, Prime Minister Imran Khan called for...

Published 18 Jul, 2020 02:47am

Opinion

PIA: government's left with only one option

ARTICLE: The Federal Minister of Aviation, while making a statement on the floor of the National Assembly that a...

Updated 11 Jul, 2020 03:10am

Opinion

Oil sector

ARTICLE: In end May 2020, the federal government announced a big reduction in the price of petrol by Rs 7.06 per...

Published 04 Jul, 2020 03:02am

Opinion

The fate of SOEs

ARTICLE: The enthusiasm to turn around State-Owned Enterprises (SOEs) through a newly-established entity...

Published 27 Jun, 2020 02:55am

Opinion

Headhunting professionals

ARTICLE: The federal cabinet has reported to have expressed its reservations on the presentation made by Dr Ishrat...

Published 20 Jun, 2020 04:13am

Opinion

Playing the blame game in oil crisis

ARTICLE: No cartel or mafia or any vested interest can effectively function or survive anywhere in the world without...

Published 13 Jun, 2020 03:31am

Opinion

The 190 State-Owned Enterprises (SOEs) comprising Public Sector Companies (PSCs), Development Finance Institutions (DFIs) and Authorities, employing a total of over 425,000 personnel, incur a colossal loss of around Rs 500 billion a year. In other words,

Published 30 May, 2020 12:06am

Opinion

Post-coronavirus world

Most of the developed nations will move out of the current coronavirus pandemic crisis soon because of good governance, strong financial bases and political harmony. They are cooperating with each other in this hour of crisis. The problems will remain in

Published 29 May, 2020 12:05am

Opinion

Diamer-Bhasha dam

Finally, the commencement of much-awaited Bhasha dam has been formally announced. Prime Minister Imran Khan last Monday ordered immediate commencement of work on construction of Diamer-Bhasha dam, rightly describing water security as the foremost priority

Published 16 May, 2020 12:07am

Opinion

Formal and non-formal education

The World Bank is reported to have stated that it will assist Pakistan in developing a new model of non-formal education which, it said, would combine literacy, labour market skills and life skills development for uneducated and illiterate children, youth

Published 09 May, 2020 12:06am

Opinion

Report on IPPs

The report on the conduct of IPPs has indeed triggered extensive criticism on the profits made by Independent Power Producers (IPPs) in the last four decades and witnessed an extensive media bashing of IPPs on their conduct with an equally-hyped condemnat

Published 02 May, 2020 12:08am

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 22	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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