News stories for Ahmed Malik - Business Recorder

Ahmed Malik

Business & Finance

Park View Enclave intends to acquire 51pc control of Silk Bank

KARACHI: M/s Park View Enclave (Private) Limited, owned by businessman and politician Aleem Khan, has expressed its...

Published 01 Jun, 2022 05:53am

Business & Finance

Saima Group, Agha Steel ink pact

KARACHI: Agha Steel Industries Limited, a leading Steel manufacturing company, has signed an agreement with Saima...

Published 31 May, 2022 05:11am

No E-Form for exports to Afghanistan: Banks stop receiving payments in USD, AED remittance form

KARACHI: The local banks have suddenly stopped receiving payments in the form of remittance in USD and AED and...

Updated 15 Jan, 2022 09:43am

Pakistan

NCCPL deposits Rs8.8bn CGT in national exchequer

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has collected and deposited Rs8.8 billion capital ...

Published 08 Oct, 2021 04:30am

Semi Annual Review: Pakistan now has weight of 0.023pc in MSCI EM Standard Index

KARACHI: The Morgan Stanley Capital International (MSCI) has announced the outcome of its Semi Annual Review, ...

Published 13 May, 2021 03:10am

Business & Finance

OMCs’ sales increase by 11pc YoY

KARACHI: The oil marketing companies’ (OMC) total sales increased by 11 percent on year-on-year basis to 11.27...

Updated 03 Feb, 2021 09:15am

Payment in 3 installments within year: Roadmap delineated for IPPs

ISLAMABAD/KARACHI: The federal government has reportedly given consent to pay the agreed amounts to clear the dues ...

Published 02 Jan, 2021 03:04am

FIPI outflows exceed $244m: Offshore investors withdraw $37.497m

Foreign investors opted to pull out their investment from Pakistan equity market due to their concerns over deadly coronavirus and slowing economic activities.

Published 28 May, 2020 12:03am

Pakistan

MSCI announces outcome of semi-annual review

The Morgan Stanley Capital International (MSCI) has announced outcome of its Semi Annual Review (SAIR), whereby Pakistan now has a weight of 0.026 percent. Additionally, Pakistan's weight in the small cap index has been revised to 0.734 percent.

Published 14 May, 2020 12:04am

Rs 200 billion Pakistan Energy Sukuk-II launched

In a bid to ensure transparency and competitive bidding, the government has launched the first-ever Rs 200 billion Shariah-compliant debt instrument - Pakistan Energy Sukuk-II (PES-II) - through Pakistan Stock Exchange (PSX).

Published 05 May, 2020 12:06am

APPMA demands elimination of 'anomalous' tariff

All Pakistan Paper Merchants Association (APPMA) has said that the local printing industry has reached to the edge of destruction due to the continuation of anomalous tariff and once it closed down, will never be able to revive itself.

Published 04 May, 2020 12:07am

Foreign investors withdraw $68.971 million during April

Foreign selling continued as offshore investors withdrew 68.971 million dollars from the local capital market during the month of April 2020.

Published 03 May, 2020 12:05am

Cut in POL products' prices: Government tactfully avoids losing revenue

Federal government has tactfully avoided losing its revenue by reducing the prices of petroleum products in the country.

Published 02 May, 2020 12:08am

SNGPL still without permanent MD

Sui Northern Gas Pipelines Limited (SNGPL) is without a permanent MD for the most part under the present government. The recruitment process has been completed twice but shelved at the last minute.

Published 01 May, 2020 12:54am

RSIAs launch: PSX proposes mechanism, regulatory structure

Pakistan Stock Exchange (PSX) has proposed the federal government to introduce a mechanism and regulatory structure for the launch of registered savings and investment accounts (RSIAs) to help channel savings towards productive investments.

Published 30 Apr, 2020 12:07am

Markets

PSX remains calm despite Covid-19 hits market worse than 2008 crisis

The Covid-19 pandemic has been spiralling around the globe crashing the economies, did not spare the Pakistan Stock Exchange (PSX), which in totality dipped 62 percent during the pandemic.

Published 27 Apr, 2020 02:51am

KSE-30 Index: First-ever market halt due to upper locks

Pakistan Stock Exchange triggered Market Halt on Friday at 10:52am due to 5.0 percent increase in KSE-30 index. It was the first ever market halt that was triggered when the market was in bullish mood and the KSE-30 Index saw a sudden increase of 5.0 perc

Published 18 Apr, 2020 12:00am

Stockbrokers send out an SOS

Keeping in view the devastating impact that COVID-19 has brought to the stock brokerage fraternity and capital market investors, PSX Stockbrokers Association (PSA) has requested the federal government to take immediate and timely action in order to save b

Published 10 Apr, 2020 12:00am

Analysts expect 0.25 percent growth against targeted 4 percent

Due to severe impact of deadly coronavirus outbreak and lockdown on economic activities, the country's GDP growth is expected at 0.25 percent in the current fiscal year (FY20) as compared to government's target of 4.0 percent, economists said.

Published 05 Apr, 2020 12:00am

Summit Bank Limited: Lootah wants to acquire majority shareholding

Nasser Abdullah Hussain Lootah, a Dubai-based businessman has shown intention to acquire majority shareholding (at least 51 percent) of Summit Bank Limited.

Published 31 Mar, 2020 12:00am

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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