News stories for Ahmed Malik - Business Recorder

Ahmed Malik

Markets

PSX crosses 0.1m milestone

KARACHI: Pakistan Stock Exchange on Thursday achieved historic milestone crossing 100,000 mark for the first time in...

Published 29 Nov, 2024 05:50am

Markets

PSX: historic single-day rally

KARACHI: Pakistan Stock Exchange on Wednesday witnessed a remarkable recovery and recorded highest-ever single-day...

Published 28 Nov, 2024 05:45am

Markets

Stocks nosedive on political unrest

KARACHI: Pakistan Stock Exchange on Tuesday nosedived and recorded worst ever single day decline due to panic ...

Published 27 Nov, 2024 06:44am

Markets

PSX: new milestone

KARACHI: Pakistan Stock Exchange on Thursday achieved historic milestone and hit highest-ever level on the back of...

Published 22 Nov, 2024 03:03am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	7.07 ▲ 0.98 (16.09%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Tri-Star Power / Dec 18 Tri-Star Power Limited(TSPL)	5.96 ▲ 0.58 (10.78%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)
B.R.R. Guardian / Dec 18 B.R.R. Guardian Limited(BRRG)	21.24 ▲ 1.93 (9.99%)

Stock	Price
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.12 ▼ -3.23 (-9.98%)
Hafiz Ltd. / Dec 18 Hafiz Limited(HAFL)	199 ▼ -20.05 (-9.15%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	742 ▼ -67.76 (-8.37%)
Fateh Sports / Dec 18 Fateh Sports Wear Limited(FSWL)	80 ▼ -7.22 (-8.28%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	60 ▼ -5.00 (-7.69%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	341 ▼ -27.22 (-7.39%)
Frontier Ceram / Dec 18 Frontier Ceramics Limited(FRCL)	27.02 ▼ -1.82 (-6.31%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.03
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 1.09
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.04
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.37
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 1.06
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.12
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.44
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▲ 1.56
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▲ 0.06

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