News stories for Farhat Ali - Business Recorder

Farhat Ali

Opinion

A catch-22 situation

Pakistan has got itself fully trapped in a catch-22 situation, which is an impossible predicament where you are...

Published 03 Jun, 2023 03:52am

Opinion

IMF programme has dead-ended?

The uncertainty surrounding the International Monetary Fund (IMF) programme is one single factor that has been...

Updated 27 May, 2023 07:11am

Opinion

FY2023-24 Budget

The government is expected to present the budget for the next fiscal year in the first week of June. Budgets in...

Published 20 May, 2023 05:59am

Opinion

Govt on course to wind things up

A politician looks up to the next election while a statesman’s vision extends beyond the welfare of the next two...

Updated 13 May, 2023 06:25am

Opinion

Global crackdown on corruption?

The powerful banking network, real estate market and businesses of the flourishing economies of the west have long...

Updated 06 May, 2023 07:00am

Opinion

Things look grim, but all is not lost

Large-Scale Manufacturing (LSM) and export-oriented industry are stressed as never before. They present a depressing...

Updated 29 Apr, 2023 07:35am

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

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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