News stories for Muhammad Riaz

Muhammad Riaz

Markets

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta

Published 29 Jan, 2019 12:00am

Markets

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

Published 29 Jan, 2019 12:00am

PTA terms 'mini-budget' export driven, investment-oriented

The Chairman (Central) of Pakistan Tanners Association (PTA) Agha Saiddain has termed the mini budget presented before the National Assembly on January 23 as positive step, export driven and investment friendly. While talking to Business Recorder h

Published 27 Jan, 2019 12:00am

New car manufacturers urged to adopt localization

The Indus Motor Company (IMC) Chief Executive Officer Ali Asghar Jamali has urged the government to ensure that new entrants are persuaded to adopt localization as soon as possible as compared to imports at concessionary rates. He stated this while talkin

Published 22 Jan, 2019 12:00am

Auto development policy: Incentives for local auto parts manufacturers urged

The true growth and benefits of technology transfer, job creation, and value addition can only be realized by providing incentives to local auto parts manufacturers which have not been considered in the new Auto Development Policy.

Published 16 Jan, 2019 12:00am

PTA for removal of irritants affecting leather export

In the backdrop of continuously diminishing export of leather and leather garments, the Pakistan Tanners Association (PTA) highlighted the irritants hampering exports and requested the Prime Minister to intervene in the situation in the larger interest of

Published 11 Jan, 2019 12:00am

Markets

'Automobiles sale declines by 40 percent in recent months'

The automobiles sale has been declined by 40 percent in the recent months following curbs on purchasing new vehicles by non-filers which is very alarming for the auto industry.

Published 09 Jan, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	5.90 ▲ 0.75 (14.56%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)

Stock	Price
Maqbool Tex. / Dec 23 Maqbool Textile Mills Limited(MQTM)	31.03 ▼ -3.45 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.97 ▼ -1.54 (-9.93%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
Popular Islamic / Dec 23 Popular Islamic Modaraba(PIM)	12.60 ▼ -1.14 (-8.30%)
B.R.R. Guardian / Dec 23 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.81 (-7.94%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.12
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	56,244,868 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.12
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.39
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.81
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	36,092,298 ▲ 2.03
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	34,758,725 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	31,148,580 ▲ 2.38
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.32