News stories for Farhat Ali - Business Recorder

Farhat Ali

Opinion

Energy sector

There were times when our energy sector was rated in the region as one of the best performing and forward looking...

Published 13 Feb, 2021 04:11am

Opinion

SOEs: forensic audit

The federal government, in the third year of its five- year tenure, is reported to have decided to conduct forensic...

Published 06 Feb, 2021 04:06am

Opinion

State governance in 3rd year: challenges

The PTI government had distinguished itself from its predecessors by doing away with many subsidies and concessions...

Published 30 Jan, 2021 03:55am

Opinion

Civil service reforms

The Federal Minister for Education and Professional Training, Shafqat Mahmood, in his capacity as head of the ...

Published 23 Jan, 2021 03:56am

Opinion

Supremacy of state institutions

In the last couple of days, much has happened in the United States of America. A politically charged mob, reported ...

Published 16 Jan, 2021 02:56am

Opinion

Privatising PSEs only solution?

The incumbent government, in its third year in office, appears to have concluded that restructuring and turnaround ...

Updated 09 Jan, 2021 03:22am

Opinion

Power sector decline

Among the critical issues that are being carried forward, unresolved, to 2021, by the government of the day, is the...

Published 02 Jan, 2021 03:04am

Opinion

Once again electric utility up for sale - II

K-Electric (KE) is once again up for sale. This time the potential bidder to buy KE majority shares is Shanghai...

Updated 26 Dec, 2020 04:31am

Opinion

Once again electric utility up for sale - I

Karachi Electric Supply Corporation (KESC) (now K-Electric) has an interesting history. In 1913, it was formed as a...

Published 19 Dec, 2020 03:02am

Opinion

Emerging business independence

There is something unique in the air of Sialkot which makes this city different from the rest in the country, if not...

Published 12 Dec, 2020 02:52am

Opinion

Civil servants

Prime Minister Imran Khan early this week approved the Civil Servants (Efficiency and Discipline) Rules, 2020 with a...

Published 05 Dec, 2020 03:01am

Opinion

The lost art of losing gracefully

In American politics, Democrat William Jennings Bryan is reported to have started it all in 1896 with a telegram ...

Published 28 Nov, 2020 03:04am

Markets

Fixing power sector

The Special Assistant to the Prime Minister on Power has spelled out a roadmap to fix Pakistan's power sector. It...

Published 21 Nov, 2020 02:44am

Opinion

Do away with subsidies

As reported in the press, the federal cabinet, in its meeting early this week, was surprised to learn that the...

Published 14 Nov, 2020 02:52am

Opinion

Political jalsas and fading public interest

Unlike the past, when political rallies by opposition led to uncertainty in markets, shutter-down and difficulty in...

Published 07 Nov, 2020 02:39am

Opinion

PIA under greater govt focus

Adviser to Prime Minister on Institutional Reforms and Austerity, Dr Ishrat Husain has proposed to the federal...

Updated 24 Oct, 2020 03:12am

Opinion

Power sector in turmoil

Chairing a meeting on energy reforms a few days ago, prime minister Imran Khan expressed his grave concern over the...

Published 17 Oct, 2020 03:08am

Opinion

Business growth versus regulations

The businesses in Pakistan are strongly influenced and controlled by Statutory Regulatory Orders (SROs). A favorable...

Published 10 Oct, 2020 03:02am

Opinion

Energy sector challenges

Prime Minister Imran Khan, while chairing a meeting this week to review progress of reforms in the energy sector, is...

Published 03 Oct, 2020 02:45am

Opinion

Gas load-shedding: new challenge

The advent of summer or winter, year after year, ushers in fears in the minds of people of Pakistan - fear of power...

Published 26 Sep, 2020 02:40am

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 23	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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