News stories for Shabir Ahmed - Business Recorder

Shabir Ahmed

Markets

Business environment: There is more to it than EODB

"Who will make investment in the country if businessmen face harassment?" questioned Justice Farrukh Irfan Khan of Lahore High Court while ordering removal of Shahzad Saleem (CEO Nishat Chunian Power) from the ECL. Are the government, regulators, and watc

Published 28 Feb, 2019 12:00am

18th Amendment: More about power than people

Eight years down the road it will be appropriate to examine the extent to which the 18th Amendment; hailed by most as a turning point in our tortuous political journey, has helped governments serve people better. Wasn't that the idea?

Published 21 Feb, 2019 12:00am

Our growing middle class: myth and reality

You keep hearing something over and over again and you start to believe it. Evidence becomes unimportant. We as a nation have a fondness for stories, for the anecdotal. Evidence-based research is not something we go to sleep with.

Published 14 Feb, 2019 12:00am

Economic diplomacy: the elusive target

At least once every two years Ambassadors from selected countries get together for the Envoys conference. Almost always economic diplomacy is top of the agenda. From Prime Minister down they are reminded modern diplomacy is about promoting country's econo

Published 07 Feb, 2019 12:00am

Markets

Imran's travels: More than meets the eye?

It couldn't have been easy for the PM to break his vow to stay put for at least the first six months. Within weeks he was touching all four corners of the region: Malaysia to Turkey, Saudi Arabia to China. It must have taken some 'persuasion'.

Published 31 Jan, 2019 12:00am

Industrial policy: it's all about competitiveness

There is a growing consensus that we need an industrial policy. Advisor Commerce and Industry has promised we will have one by May. Fortuitously, the movers and shakers of our policies have stayed put in Washington D.C., keeping the Advisor out of harm's

Published 24 Jan, 2019 12:00am

Asad: between rock and a hard place

The beleaguered Finance Minister gets no respite. He is constantly in the line of fire; at times under friendly fire as well. He puts on a brave face, using his analytical mind and impressive articulation to good effect. Ironically, this invites more flak

Published 17 Jan, 2019 12:00am

Informal economy: the only path?

"Wage jihad against the four ills of our country: poverty, illiteracy, injustice, and corruption" was the PM's New Year resolution. Who could disagree? Not even those who look to the skies for a sliver of solid thinking to translate PM's noble intentions

Published 10 Jan, 2019 12:00am

Let PIA go

Once upon a time, there was an airline called Pan Am, pride of the dominant power basking in its post war supremacy. We never missed its logo as we drove through the archway of its iconic headquarters in New York. It 'disappeared' long ago, unsung and for

Published 03 Jan, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07