News stories for Asad Rizvi - Business Recorder

Asad Rizvi

Opinion

Facing a double-edged sword

There has been a lot of discussion among analysts and news media about the amount of liquidity in the market and ...

Published 03 Oct, 2024 07:10am

Opinion

SBP to repurchase MTBs: a wise move

SBP (State Bank of Pakistan) has announced its plan to repurchase Market Treasury Bills (MTBs). It has already...

Updated 30 Sep, 2024 08:15am

Opinion

Realistically speaking, the economy has improved

Making comments on financial issues without any expertise in the subject matter or without receiving concurrence ...

Published 17 Sep, 2024 06:33am

Opinion

Policy rate decision ahead of budget presentation

State Bank of Pakistan (SBP) will be making its monetary policy public today. As May inflation has already dropped...

Updated 10 Jun, 2024 08:06am

Opinion

Gold price surges to record high

The “DOT PLOT”, which predicts three interest rate decreases in 2024, remains intact despite Fed Chairman...

Updated 22 Mar, 2024 05:33am

Opinion

Policy rate: a cut is likely?

Despite a decline in inflation, overall costs are still growing this year in comparison to prior years. Regarding...

Published 18 Mar, 2024 04:56am

Opinion

Outlook 2024 – II

Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present...

Updated 03 Jan, 2024 05:59am

Opinion

Outlook 2024-I

Global perspective has recently changed as economies have shown to be more resilient than experts had anticipated....

Published 02 Jan, 2024 05:21am

Opinion

PKR’s performance

Fitch Solutions Co. was as quoted by Bloomberg as saying that the PKR would drop as low as 350 by the end of 2024....

Published 04 Dec, 2023 05:35am

Opinion

Is PKR only currency under duress?

The market has recently seen a decline in the value of PKR in relation to USD. This has been happening non-stop for...

Published 10 Nov, 2023 03:07am

Opinion

Outsourcing govt borrowing!

On Friday Feb 24, a news report appeared in this newspaper that the ministry of finance (MoF) is working on a plan ...

Published 27 Feb, 2023 06:17am

Opinion

Outlook 2023

After a very disappointing and disorderly year end, the global market is probably heading for another difficult...

Published 03 Jan, 2023 03:25am

Opinion

Pakistan won’t default

The ongoing ‘default’ discussion is a favourite political and economic pastime. After the first decade since...

Published 12 Dec, 2022 06:07am

Opinion

Economy needs a rate cut

Last week, the cut-off yield of PIBs and T/bills was mostly lower. It moved down by about 15 basis points to 50 ...

Published 23 May, 2022 06:15am

Opinion

Policy rate: 25bps to 50bps hike on the cards?

After the passage of the SBP autonomy bill by the National Assembly, the State Bank of Pakistan will be unveiling ...

Published 24 Jan, 2022 06:50am

Opinion

2022: What’s in store?—II

In December, SBP conducted open market operations (OMOs) three times, which did not prove to be an effective ...

Published 05 Jan, 2022 05:36am

Opinion

2022: What’s in store?—I

While the world economies are maintaining a robust growth momentum, there are strong indicators pointing towards an...

Published 04 Jan, 2022 06:54am

Opinion

The Hawala challenge

There is a lot of talk and concern about Hawala business. The surge is not new; the gap widened soon after the...

Published 22 Dec, 2021 06:13am

Opinion

IMF and the challenges ahead

An analysis by this writer ‘Policy Rate Hike-Weak Rupee can be deadly combination’ was carried by this newspaper...

Published 18 Nov, 2021 03:58am

Opinion

Policy rate hike-weak rupee can be 'deadly' combination

Five global central banks, including State Bank of Pakistan, will be making policy announcements this week. The ...

Published 20 Sep, 2021 05:23am

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%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.75 ▲ 0.66 (10.84%)
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%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

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%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.12 ▼ -3.23 (-9.98%)
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.10 ▼ -0.34 (-9.88%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	332.06 ▼ -36.16 (-9.82%)
Chakwal Spinning / Dec 18 Chakwal Spinning Mills Limited(CWSM)	48.50 ▼ -5.22 (-9.72%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.90 ▼ -6.86 (-9.30%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	51 ▼ -4.95 (-8.85%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.06
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.79
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.17
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.19
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.27
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.89
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.12
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.73
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.03

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