News stories for Farhat Ali - Business Recorder

Farhat Ali

Opinion

A sad tale indeed – II

A The political and economic events unfolding in Pakistan since April 2022 amidst an opportunistic power struggle...

Published 07 Jan, 2023 06:00am

Opinion

A sad tale indeed – I

Pakistan has been struggling ever since its emergence on the world map to achieve political and economic stability,...

Published 31 Dec, 2022 06:28am

Opinion

Circular debt – short-term remedies

The circular debt (CD) emerged as a perpetual menace ever since the Independent Power Producers (IPPs) surfaced on...

Updated 24 Dec, 2022 06:31am

Opinion

Shocking fall in workers’ remittances

Amidst falling exports and FDI the decline in remittances from Overseas Pakistanis is the last thing one expects at...

Published 17 Dec, 2022 05:58am

Opinion

Political instability has its toll on economy

It has been proved time and again that political stability plays a highly important role in the process of economic...

Published 10 Dec, 2022 06:00am

Opinion

Prospects of oil from Russia: much love lost

A delegation led by State Minister for Petroleum Musadik Malik, who wasd accompanied by the officials of Petroleum...

Published 03 Dec, 2022 05:51am

Opinion

Default imminent?

The mantra “Pakistan is heading for a default” and the counter narrative “that it is not going to default”...

Published 26 Nov, 2022 04:13am

Opinion

Misconceived ML-1 railway project

During a meeting between Chinese President Xi Jinping and Prime Minister Shehbaz Sharif early this month, both sides...

Published 19 Nov, 2022 06:17am

Opinion

Energy sector—hiding behind the truth

Speaking on the occasion of signing of dollar 3 billion loan by World Bank to develop energy infrastructure and to...

Updated 12 Nov, 2022 06:51am

Opinion

PM’s China visit: main takeaways

Prime Minister Shehbaz Sharif concluded his two-day November 1-2 visit to China. With effectively on one day at his...

Updated 05 Nov, 2022 07:06am

Opinion

Pakistan’s exports in the doldrums

Subsidies such as those relating to power tariffs have been the lifelines of our export industry, notably the ...

Published 29 Oct, 2022 05:55am

Opinion

No more concessions from global lenders

The Finance Minister Ishaq Dar on his recent visit to Washington could not apparently get concessions from the...

Published 22 Oct, 2022 05:42am

Opinion

Future of CPEC projects

The high point of roll out-of mega projects under the CPEC (China Pakistan Economic Corridor) was in the last tenure...

Published 15 Oct, 2022 05:38am

Opinion

The aftershocks of govt-IMF agreement

The aftershocks of the agreement with IMF are being felt by trade, industry and all segments of society....

Published 08 Oct, 2022 03:25am

Opinion

Dar: a solo flight no longer an option

The PML-N (Pakistan Muslim League-Nawaz) stalwart Ishaq Dar, after securing safe water for his return, landed at Nur...

Published 01 Oct, 2022 04:20am

Opinion

IMF’s questionable approach to govts

Minister of State for Finance and Revenue, Dr Aisha Ghaus Pasha, while addressing an event at the Lahore Chamber of...

Published 24 Sep, 2022 03:49am

Opinion

Fact sheet: renewable energy

Prime Minister (PM) Shehbaz Sharif this week, in a meeting with a Chinese company that is interested to set up a...

Published 17 Sep, 2022 04:27am

Opinion

The IMF report

Ever since the incumbent government came to power some four months ago, all roads lead to the IMF (International...

Published 10 Sep, 2022 04:14am

Opinion

Rising electricity tariffs: a fact-sheet

The IMF (International Monetary Fund) conditionalities imposed with the grant of their loan is invariably cited by...

Published 03 Sep, 2022 04:25am

Opinion

Flood havoc and role of NDMA

Once again a national disaster in the shape of massive flooding has wreaked havoc across much of Pakistan and once...

Published 27 Aug, 2022 05:49am

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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