News stories for Farhat Ali - Business Recorder

Farhat Ali

Opinion

Sinking revenues and IMF conditionalities

The International Monetary Fund (IMF) and Pakistani authorities have been unable to reach a staff-level agreement...

Published 11 Feb, 2023 05:57am

Opinion

IMF and the ideal of accountability

The international lending agencies are often under criticism that they dole out loans to developing countries while...

Published 05 Feb, 2023 03:10am

Opinion

It’s too late in the day

Country’s decisions makers are known for not taking the right decisions at the right time. Two such late decisions...

Updated 28 Jan, 2023 06:47am

Opinion

A sad tale indeed – III

The last two columns mapped out Pakistan’s economic and political comparison with India and Bangladesh. To recap...

Updated 21 Jan, 2023 07:45am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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