News stories for Ahmed Malik - Business Recorder

Ahmed Malik

Business & Finance

UBL submits merger offer to Silkbank

KARACHI: The United Bank Limited (UBL) has formally submitted an offer to Silkbank Limited for the amalgamation of...

Published 02 Nov, 2024 06:15am

Markets

Share capital of Shell Pakistan: Proposed name ‘Wafi Energy Pakistan Ltd’ approved

KARACHI: After the completion of acquisition of 87.78 percent of the total issued share capital of Shell Pakistan...

Published 01 Nov, 2024 07:44am

Business & Finance

First Aramco-branded retail station launched

KARACHI: Aramco unveiled its first fuel retail station in Pakistan on Tuesday. It follows Aramco’s acquisition ...

Published 30 Oct, 2024 06:32am

Business & Finance

Exploration, uplift: PPL Asia reaches settlement with MdOC

KARACHI: PPL Asia, a subsidiary of Pakistan Petroleum Limited (PPL) has reached a settlement with Iraq’s...

Published 08 Oct, 2024 06:46am

Costly electricity: IPPs’ capacity charges not the sole factor: experts

KARACHI: Energy experts have blamed a host of issues for the rising electricity prices, saying that the recent...

Updated 13 Sep, 2024 09:27am

Business & Finance

Analysts explain significance of ratings upgrade

KARACHI: Following Fitch’s upgrade last month, Moody’s has followed suit by elevating Pakistan’s credit rating from...

Updated 29 Aug, 2024 10:23am

Maersk intends to invest $2bn for business expansion: minister

KARACHI: A.P. Møller - Mærsk A/S, usually known as Maersk, a Danish shipping and logistics company, intends to...

Updated 04 Aug, 2024 09:25pm

Business & Finance

Customs SRO 450(1)/2001: Business community urges govt to revisit Subrule 664(q)

KARACHI: The business community in Pakistan has expressed its deep concerns over the unintended consequences of...

Published 25 Jul, 2024 06:33am

Pakistan

OICCI survey: Foreign investors concerned at security situation

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest...

Published 11 Jul, 2024 07:37am

Markets

Healthy foreign buying in PSX during FY24

KARACHI: The improving economic indicators, successful initiation and completion of the IMF Standby Agreement and...

Updated 01 Jul, 2024 08:50am

Markets

FY24: PSX emerges as top performer with 95pc annual return in $ terms

KARACHI: Pakistan Stock Exchange performed exceptionally well and emerged as the top performing stock market with ...

Published 29 Jun, 2024 06:40am

Business & Finance

Acquisition of TPL: IFC approves $400m debt financing to PTCL

KARACHI: The Board of Directors of International Finance Corporation (IFC) has approved the debt financing of up to...

Published 29 Jun, 2024 06:40am

Business & Finance

OICCI says has identified ‘critical anomalies’

KARACHI: In a letter to the FBR Anomaly Committee, the Overseas Investors Chamber of Commerce and Industry (OICCI)...

Updated 28 Jun, 2024 09:16am

Business & Finance

PSO receivables hit Rs810bn mark

KARACHI: The total receivables of Pakistan State Oil (PSO) have reached Rs 810 billion, however the management...

Published 25 Jun, 2024 06:42am

Business & Finance

Hubco subsidiary ventures into EVs with China’s BYD

KARACHI: In a major development, Hub Power Holdings Limited, a wholly-owned subsidiary of The Hub Power Company...

Published 22 Jun, 2024 06:47am

Markets

Bulls return to PSX in big way on FY25 Budget

KARACHI: Pakistan Stock Exchange warmly welcomed the federal budget for FY2024-25 and made new history as the...

Published 14 Jun, 2024 06:31am

Country’s first and one of world’s largest: 550MW floating solar energy project launched

KARACHI: Pakistan’s first and one of the world’s largest 550MW floating solar energy project has been launched in...

Updated 14 Jun, 2024 09:00am

Business & Finance

Most of budget targets in line with IMF guidelines: analysts

KARACHI: The federal budget will continue the fiscal consolidation seen last year and most of the targets are in ...

Published 13 Jun, 2024 06:22am

Markets

Petroleum dealers reject plans aimed at selling diesel on roads thru DDTs

KARACHI: The petroleum dealers have strongly opposed the plan to sell diesel on roads through Doorstep Delivery...

Published 05 Jun, 2024 07:08am

Pakistan

LNG case verdict to help improve investor confidence

KARACHI: The decision of Accountability Court to honorably exonerate and acquit political leaders and prominent...

Published 08 May, 2024 06:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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