News stories for Farhat Ali - Business Recorder

Farhat Ali

Opinion

It’s all about the economy

Karachi, being Pakistan’s premier industrial and financial centre and home to 90 percent of the multinational...

Updated 27 Apr, 2024 05:28am

Opinion

Pakistan on the IMF doorstep again

With Pakistan embroiled in an acute burden of debt, to the extent that 70 percent of its revenue is diverted to pay...

Published 20 Apr, 2024 04:18am

Opinion

‘Education emergency’

‘All hands on deck for education of the poor is the call of the day.’ Prime Minister Shehbaz Sharif went to the...

Published 13 Apr, 2024 03:49am

Opinion

From rags to riches

Forbes has published its list of ‘World Billionaires ranking for 2024’. The much touted is the list of 200...

Published 06 Apr, 2024 05:28am

Opinion

What does 24th IMF programme mean?

It has been argued by many political and economic analysts that the 24th IMF programme could usher in a tsunami of...

Published 30 Mar, 2024 04:58am

Opinion

It’s IMF way or the highway?

Announcing the staff-level agreement on the successful completion of the 23rd short-term facility, the IMF...

Published 23 Mar, 2024 05:41am

Opinion

CPEC turnaround: how realistic is goal?

President Xi Jinping of China in a congratulatory message to Prime Minister Shehbaz Sharif stressed that “China ...

Published 16 Mar, 2024 06:26am

Opinion

Pakistan’s addiction to borrowed money

Father of the Nation Quaid-e-Azam Mohammad Ali Jinnah in his speech at Ziarat, Balochistan, in 1948 stated that:...

Published 09 Mar, 2024 04:59am

Opinion

Challenging times

With the unfolding of a new chapter in Pakistan’s checkered political history, the much turbulent and fought for...

Updated 02 Mar, 2024 04:37am

Opinion

There’s need to focus on economy

Breaking a two-week impasse following elections, Pakistan’s political power-brokers, after extensive negotiations,...

Published 24 Feb, 2024 06:42am

Opinion

Country at the crossroads

The election held on Feb 8th in Pakistan threw up a number of surprises with a significant shift in the country’s...

Published 17 Feb, 2024 05:51am

Opinion

Circular debt once again in focus

Circular debt in the energy sector is a mystery which no government could so far unfold. Over the last two decades ...

Published 10 Feb, 2024 05:48am

Opinion

Corruption, justice and accountability

Pakistan’s ranking on the global Corruption Perceptions Index (CPI), announced this week by the Berlin-based...

Published 03 Feb, 2024 05:46am

Opinion

A question of national identity and pride

A passport serves as a symbol of a nation’s global standing and the level of respect it commands in the...

Published 27 Jan, 2024 06:20am

Opinion

The rampant energy theft

Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a...

Updated 20 Jan, 2024 05:56am

Opinion

India, Pakistan: 2024 is year of elections

The general elections in Pakistan in February 2024 would soon be followed by the general election in India. Both ...

Published 13 Jan, 2024 05:38am

Opinion

IPR regime: compliance not a govt priority

There are laws that provide a foundation for the protection of ‘ Intellectual Property Rights (IPR), but the laws...

Updated 06 Jan, 2024 06:00am

Opinion

The World Bank says it all

That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception...

Published 30 Dec, 2023 06:28am

Opinion

Govt’s quest for FDI: the way forward

Foreign direct investment (FDI) has been crucial in supporting developing economies to participate in global trade ...

Updated 23 Dec, 2023 07:06am

Opinion

Energy sector – ‘a nightmare’

Caretaker Prime Minister Anwaar-ul-Haq Kakar in a statement this week has described the energy sector as “a...

Published 16 Dec, 2023 05:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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