News stories for Farhat Ali - Business Recorder

Farhat Ali

Opinion

Issues multiply on stalled IMF bailout

The stand-off between the federal government and the Supreme Court of Pakistan is not going unnoticed in...

Published 25 Apr, 2023 06:25am

Opinion

Shift away from USD picking up the pace

The mighty US dollar that reigned supreme for several decades is witnessing a challenge to its dominance. There is a...

Updated 15 Apr, 2023 07:33am

Opinion

WB: A wake-up call

Nero fiddled while Rome burned. Nero was rightly blamed for ignoring a serious matter, and neglecting his people...

Published 08 Apr, 2023 06:21am

Opinion

Deep reluctance now profoundly evident

The lenders, commercial banks or bilateral lenders, while processing the loan application assess the borrower’s...

Updated 01 Apr, 2023 07:03am

Opinion

Saudi Arabia: a paradigm shift–II

While Pakistan is embroiled in an economic, political, social and constitutional crisis, the region is undergoing a...

Updated 25 Mar, 2023 06:55am

Opinion

Saudi Arabia: a paradigm shift–I

It was in October 2018 that President Donald Trump is reported to have made a remark highly critical remark about ...

Published 18 Mar, 2023 06:14am

Opinion

Are we allowing CPEC to wither away?

China Pakistan Economic Corridor (CPEC) was launched in 2015 when 51 agreements and Memoranda of Understanding ...

Published 11 Mar, 2023 03:16am

Opinion

Moody’s: there’s method in its madness

Moody’s Investors Service early this week downgraded Pakistan’s local and foreign currency issuer and senior...

Published 04 Mar, 2023 06:10am

Opinion

Watch thy neighbours–II

Pakistan has India to its east, Afghanistan to its northwest and Iran to its west while China borders the country in...

Updated 25 Feb, 2023 06:58am

Opinion

Watch thy neighbours–I

Economic strength of a nation determines its political and global weightage. India is one example which is making ...

Published 18 Feb, 2023 03:33am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 1	149.58
USD to Swiss Franc / Apr 1	0.88
Pound Sterling to USD / Apr 1	1.29
Euro to USD / Apr 1	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
India Sensex / Apr 1	77,103.74
Tokyo Nikkei / Apr 1	35,624.48
Hang Seng / Apr 1	23,206.84
FTSE 100 / Apr 1	8,653.57
Germany DAX 30 / Apr 1	22,445.60
France CAC40 / Apr 1	7,860.39

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Apr 1	71.27
Gold Spot USD/Ounce / Apr 1	3,158.40
Cotton US¢/pound / Apr 1	66.88
Petrol/Litre / Apr 2	254.63
Diesel/Litre / Apr 2	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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