News stories for Shahid Sattar

Shahid Sattar

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

Opinion

Bridging the gap between education, employment, and entrepreneurship

Some institutions are referred to as ‘greats’ in the world of higher education and professional desires. Among these...

Published 21 May, 2024 03:39am

Opinion

Time to act: 9 cents/kWh

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Updated 15 May, 2024 06:28am

Opinion

Dismal savings: Pakistan’s growth barrier

Pakistan has the one of the lowest savings rates in the world. During the past decade, Pakistan’s savings rate has...

Published 03 May, 2024 06:29am

Opinion

rPSF – the need for policy reform to enhance textile sustainability

In recent years, sustainable development has garnered significant attention across various industries. Among these...

Published 26 Apr, 2024 04:15am

Opinion

Rising energy tariffs, sinking economy

Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent....

Published 25 Apr, 2024 03:05am

Opinion

Productive use of energy critical to reviving economy

The new government faces the daunting challenge of navigating its complex economic landscape. The country’s foreign...

Updated 01 Apr, 2024 06:14am

Opinion

Exporting for innovation and profitability

Pakistan’s innovation landscape presents a grim picture. Pakistan ranked 88th globally and 7th regionally in the...

Updated 25 Mar, 2024 06:11am

Opinion

Self-sufficiency versus loan dependence

As Pakistan steps into critical discussions with the International Monetary Fund (IMF), it’s confronting immense...

Published 18 Mar, 2024 04:56am

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Opinion

Deindustrialisation amid rising energy costs

Against the backdrop of unaffordable energy tariffs, the government is taking a significant step by proposing to...

Updated 04 Mar, 2024 04:35am

Opinion

Why Pakistan lags in MMF exports

The global textiles and apparel trade is witnessing a significant transformation, shifting emphatically towards...

Published 19 Feb, 2024 05:24am

Opinion

Seasonal grid instability challenges in Pakistan—II

Pakistan’s generation capacity, encompassing northern hydel, southern nuclear, and coal sources, requires ...

Published 24 Jan, 2024 05:07am

Opinion

Seasonal grid instability challenges in Pakistan–I

Brownouts and blackouts are critical issues affecting the stability and reliability of power supply systems in...

Published 15 Jan, 2024 05:03am

Opinion

Pakistan’s energy use: high inefficiency and distorted consumption

Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy...

Published 08 Jan, 2024 05:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 11	280.02
USD PKR Interbank Buying / Mar 11	279.82
USD to Japanese Yen / Mar 11	147.18
USD to Swiss Franc / Mar 11	0.88
Pound Sterling to USD / Mar 11	1.29
Euro to USD / Mar 11	1.08
UK LIBOR % / Mar 10	4.96

Stock	Volume
S&P 500 / Mar 10	5,614.56
Nasdaq / Mar 10	17,468.32
FTSE 100 / Mar 10	8,600.22
Dow Jones / Mar 10	41,911.71
Germany DAX 30 / Mar 10	22,620.95
France CAC40 / Mar 10	8,047.60
India Sensex / Mar 11	73,943.98
Tokyo Nikkei / Mar 11	36,649.57
Hang Seng / Mar 11	23,539.43

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 10	17,585
Gold 10 Grams PKR / Mar 10	262,345
Petrol/Litre / Mar 11	255.63
Crude Oil USD/Barrel / Mar 11	66.06
Gold Spot USD/Ounce / Mar 11	2,894.43
Diesel/Litre / Mar 11	258.64
Cotton US¢/pound / Mar 11	65.78

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 11 The Pakistan General Insurance Co. Ltd.(PKGI)	9.84 ▲ 0.99 (11.19%)
At-Tahur Ltd. / Mar 11 At-Tahur Limited(PREMA)	35.37 ▲ 3.22 (10.02%)
Macter Int. Ltd / Mar 11 Macter International Limited(MACTER)	355.73 ▲ 32.34 (10%)
JS Investments / Mar 11 JS Investments Limited(JSIL)	23.99 ▲ 2.18 (10%)
Supernet Ltd. / Mar 11 Supernet Limited (GEM)(GEMSPNL)	19.25 ▲ 1.75 (10%)
Khyber Textile / Mar 11 Khyber Textile Mills Limited(KHYT)	499.98 ▲ 45.45 (10%)
Kohinoor Mills / Mar 11 Kohinoor Mills Limited(KML)	33.02 ▲ 3 (9.99%)
Barkat Frisian Agro / Mar 11 Barkat Frisian Agro Limited(BFAGRO)	24.22 ▲ 2.2 (9.99%)
Al-Khair Gadoon / Mar 11 Al-Khair Gadoon Limited(AKGL)	44.26 ▲ 4.02 (9.99%)
Idrees Tex. / Mar 11 Idrees Textile Mills Limited(IDRT)	19.61 ▲ 1.78 (9.98%)

Stock	Price
Sindh Abadgar / Mar 11 Sindh Abadgar's Sugar Mills Limited(SASML)	50.18 ▼ -5.58 (-10.01%)
Int. Knit. / Mar 11 International Knitwear Limited(INKL)	16.18 ▼ -1.8 (-10.01%)
Ideal Sp. / Mar 11 Ideal Spinning Mills Limited(IDSM)	14.53 ▼ -1.56 (-9.7%)
786 Invest Ltd / Mar 11 786 Investments Limited(786)	8.41 ▼ -0.87 (-9.37%)
First Elite Cap.Mod / Mar 11 First Elite Capital Modaraba(FECM)	10 ▼ -1 (-9.09%)
Suhail Jute / Mar 11 Suhail Jute Mills Limited(SUHJ)	93.09 ▼ -8.49 (-8.36%)
Suraj Cotton / Mar 11 Suraj Cotton Mills Limited(SURC)	112.05 ▼ -8.93 (-7.38%)
Pak Gulf Leasing / Mar 11 Pak-Gulf Leasing Company Limited(PGLC)	15.05 ▼ -1.14 (-7.04%)
Khalid Siraj / Mar 11 Khalid Siraj Textile Mills Limited(KSTM)	9.32 ▼ -0.7 (-6.99%)
Noon Sugar / Mar 11 Noon Sugar Mills Limited(NONS)	73.52 ▼ -5.48 (-6.94%)

Stock	Volume
Power Cement / Mar 11 Power Cement Limited(POWER)	24,823,328 ▼ -0.25
Fauji Cement / Mar 11 Fauji Cement Company Limited(FCCL)	22,194,869 ▼ -0.59
B.O.Punjab / Mar 11 The Bank of Punjab(BOP)	19,900,130 ▲ 0.06
Maple Leaf Cement / Mar 11 Maple Leaf Cement Factory Limited(MLCF)	19,750,525 ▼ -1.08
Sui South Gas / Mar 11 Sui Southern Gas Company Limited(SSGC)	17,959,994 ▲ 0.43
WorldCall Telecom / Mar 11 Worldcall Telecom Limited(WTL)	17,104,700 ▼ -0.03
K-Electric Ltd. / Mar 11 K-Electric Limited(KEL)	16,661,305 ▼ -0.07
National Bank / Mar 11 National Bank of Pakistan(NBP)	12,045,715 ▼ -0.5
At-Tahur Ltd. / Mar 11 At-Tahur Limited(PREMA)	11,338,540 ▲ 3.22
Silk Bank Ltd / Mar 11 Silkbank Limited(SILK)	10,573,866 ▲ 0

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