News stories for Ahmed Malik - Business Recorder

Ahmed Malik

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

Business & Finance

Flexible packaging films: IPAK CEO sees huge growth potential

KARACHI: With over 250 million population which is rising each year, the largest flexible packaging films...

Published 02 May, 2024 04:58am

Business & Finance

70.1m shares to be floated: IPAK intends to raise Rs1.47bn through IPO

KARACHI: International Packaging Films Limited intends to raise Rs 1.47 billion by issuing 70.1 million shares to ...

Published 27 Apr, 2024 05:03am

Business & Finance

BD operations/assets: BAFL board approves Bank Asia’s offer

KARACHI: The Board of Directors of Bank Alfalah Limited has accorded its approval/acceptance, in principle, to the...

Published 18 Apr, 2024 03:24am

Business & Finance

Secure Logistics IPO’s book-building phase to begin today

KARACHI: Secure Logistics Group Limited IPO’s book building phase will be held on 27th and 28th March 2024, where...

Published 27 Mar, 2024 04:38am

Pakistan

Logistics’ platform for third-party vehicles: SLG plans to raise Rs1.19bn in equity capital

KARACHI: Backed by strategic investors such as Saudi Bugshan and Karandaaz, the Secure Logistics Group (SLG) has...

Published 26 Mar, 2024 04:20am

Markets

Listed securities: PSX for bringing CGT rates in line with CGT rates on sale of immovable property

KARACHI: Pakistan Stock Exchange (PSX) has proposed that Capital Gain Tax (CGT) rates on listed securities be ...

Published 16 Mar, 2024 06:26am

Business & Finance

Cnergyico says upgrading its both refineries

KARACHI: Cnergyico Friday announced to upgrade its both refineries to manufacture Euro V standards compliant ...

Published 09 Mar, 2024 04:59am

Business & Finance

Women leaders envision greater participation in public policy-making

KARACHI: A roundtable consultative dialogue with women leaders from the corporate and business sectors, both profit...

Published 06 Mar, 2024 04:18am

Pakistan

Completion of Sindh Basic Education Programme celebrated

KARACHI: The United States, in partnership with the Sindh Government, on Friday celebrated the successful completion...

Published 02 Mar, 2024 04:16am

Markets

Rehabilitation of distribution network: MD SSGC spells out steps

KARACHI: Sui Southern Gas Company has implemented various measures to streamline, expedite and enhance the...

Published 19 Feb, 2024 05:24am

Pakistan

‘Schofer’s Karachi visit bolsters Pakistan-US ties’

KARACHI: The Deputy Chief of Mission (DCM) of the United States Mission in Pakistan Andrew Schofer reinforced U.S....

Published 17 Feb, 2024 05:51am

Pakistan

Post-election situation: Experts see largely ‘polarized’ political landscape

KARACHI: Considering the number of parties and independent candidates contesting in general elections on February 8,...

Published 08 Feb, 2024 05:02am

Business & Finance

Foreign investors withdraw $37m in January

KARACHI: The foreign investors remained on the selling side and withdrew $37 million from the local equity market...

Published 01 Feb, 2024 04:52am

Business & Finance

US committed to deepening its trade ties with Pakistan, says Blome

KARACHI: The US Ambassador to Pakistan Donald Blome underscored the United States’ unwavering commitment to...

Published 25 Jan, 2024 04:23am

Business & Finance

At a premium: PSX body determines ‘minimum buyback price’ of Rs609 for Pak Suzuki Motor Company

KARACHI: The Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange (PSX) has determined the ‘minimum...

Updated 16 Jan, 2024 08:07am

Calendar year 2023: Posting hefty gains of 53pc, PSX outperforms major asset classes

KARACHI: Pakistan equities performed exceptionally well and provided hefty gains of 53 percent outperforming other...

Updated 24 Dec, 2023 09:58am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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