News stories for Shahid Sattar

Shahid Sattar

Opinion

USD25bn textile exports can be a reality

After a challenging year in 2023, Pakistan’s value-added textile sector has demonstrated remarkable resilience in...

Updated 23 Dec, 2024 08:51am

Opinion

CTBCM stillborn

Pakistan’s energy sector stands ensnared in inefficiencies, financial instability, and a chronic inability to...

Updated 16 Dec, 2024 07:58am

Opinion

Unravelling of the Textile Sector

Pakistan’s textile industry, a key component of the economy and a full-spectrum value chain, is unravelling under...

Updated 09 Dec, 2024 08:21am

Opinion

Implications of the US-China trade war

Six years after their imposition, the Section 301 tariffs under the US Trade Act of 1974 continue to significantly...

Updated 02 Dec, 2024 07:39am

Opinion

Smog: Who’s responsible?

Smog choking Pakistan’s major urban hubs is a tragedy that has been decades in the making, rooted in poor policy...

Updated 20 Nov, 2024 08:51am

Opinion

Retaining export competitiveness through traceability

Traceability has become essential in the modern textile supply chain as buyers increasingly demand transparency,...

Published 13 Nov, 2024 07:25am

Opinion

Cost of misguided energy policies

“Elimination of captive power from the gas sector” has been committed to the IMF as a structural benchmark to be...

Updated 28 Oct, 2024 08:48am

Opinion

Country losing billions due to agri mismanagement—II

Outdated farming techniques: Pakistani farmers continue to rely on obsolete and labour-intensive farming techniques,...

Updated 16 Oct, 2024 08:34am

Opinion

Country losing billions due to agri mismanagement—I

Pakistan, an agrarian economy, is currently grappling with an alarming crisis of low crop yields, resulting in the...

Updated 15 Oct, 2024 07:53am

Opinion

The impact of reduced cotton production on rural economies and country’s balance of payments

The basic rule of economics is clear: global demand drives global production, and countries with a comparative...

Updated 08 Oct, 2024 08:40am

Opinion

Country’s energy woes

Energy sector issues risk further deepening Pakistan’s socio-economic divides as recent years have witnessed an...

Updated 30 Sep, 2024 09:02am

Opinion

Utter madness

Pakistan’s economic management, particularly its treatment of export-oriented industries, is nothing short of...

Published 19 Sep, 2024 06:37am

Opinion

Overcrowded and underprepared: Pakistan’s crisis

Population growth can be a double-edged sword: it can either provide a growing labor force that drives economic...

Updated 09 Sep, 2024 08:33am

Opinion

A requiem for manufacturing?

Amidst a deepening economic crisis, the government seems intent on pushing the economy’s most vital sector—the...

Updated 02 Sep, 2024 07:25am

Opinion

Bring back zero-rating

Should the government ensure implementation of sales tax at the point-of-sale, ~Rs 293 billion in tax revenue could...

Updated 13 Aug, 2024 07:51am

Opinion

Export ambitions vs economic realities

While the Government is seeking a 100% increase in exports over the next three years, maintaining even the current...

Published 23 Jul, 2024 07:05am

Opinion

Dancing on a volcano

Ten days into the new fiscal year, the FY25 budget is already in disarray. Amid calls for a nationwide strike, the...

Published 10 Jul, 2024 03:14am

Opinion

Give SMEs a chance

The turnover tax regime in Pakistan poses significant challenges for small and medium enterprises (SMEs), placing...

Published 07 Jun, 2024 06:24am

Opinion

Invest in renewable energy

The recent upsurge in circular debt (CD) accumulation coincided with the signing of “take-or-pay” contracts for...

Published 03 Jun, 2024 06:30am

Opinion

Safeguard industrial efficiency

The government’s recent contemplation of cutting off gas supply to industrial captive power plants (CPPs) while...

Updated 27 May, 2024 07:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 30	252.10
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Diesel/Litre / Dec 30	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.42 ▲ 0.26 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.26 ▲ 0.74 (11.35%)
TPL Corp Ltd / Dec 30 TPL Corp Limited(TPL)	6.78 ▲ 0.68 (11.15%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.62 ▲ 0.64 (10.70%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
LSE Financial Serv. / Dec 30 LSE Financial Services Limited(LSEFSL)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Universal Ins. / Dec 30 The Universal Insurance Company Limited(UVIC)	10.67 ▼ -1.18 (-9.96%)
Crescent Cotton / Dec 30 Crescent Cotton Mills Limited(CCM)	44 ▼ -4.65 (-9.56%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.02 ▼ -3.69 (-8.85%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
PIA Holding Co.B / Dec 30 PIA Holding Company Limited B(PIAHCLB)	831.06 ▼ -60.00 (-6.73%)
First Fid. Leasing / Dec 30 First Fidelity Leasing Modaraba(FFLM)	2.28 ▼ -0.16 (-6.56%)

Stock	Volume
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.14
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	87,082,405 ▲ 0.74
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	84,302,017 ▲ 0.10
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	81,317,135 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	47,459,027 ▲ 0.09
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	41,023,406 ▲ 0.21
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.05
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,037,666 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▲ 0.00

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