News stories for Syed Shabbar Zaidi

Syed Shabbar Zaidi

Opinion

The entity is bankrupt: surgery is required—II

The most authentic document on Pakistan’s (organized) economy is the Pakistan Economic Survey. The Survey for...

Updated 29 Dec, 2021 03:59pm

Opinion

The entity is bankrupt: surgery is required — I

I delivered a lecture before a graduation class in Hamdard University on December 15, 2021, which as per my...

Updated 22 Dec, 2021 04:14pm

Opinion

‘In trust’ and ‘trust in’: a comment on trust acts—II

Under sub-section (1) of Section 12A of the Sindh Trusts Act, 2020, a specialized trust is required to obtain a ...

Published 17 Dec, 2021 04:30am

Opinion

‘In trust’ and ‘trust in’: a comment on trust acts—I

Purpose of these notes These notes have been prepared for the following reasons: • The Trust Act 1882 which was...

Published 16 Dec, 2021 04:00am

Opinion

Pakistan’s economy: Are interest rates relevant?

The level, extent, nature and composition of ‘cash economy’ of the country constitute a subject which is not...

Published 09 Dec, 2021 04:29am

Opinion

Domestic debt trap: an accountant’s perspective

I’m no economist per se. As an accountant, however, I’m deeply concerned at the steep hike of 150 basis points...

Updated 25 Nov, 2021 11:02am

Opinion

Wake up before it’s too late — II

Turkey was not admitted to the European Union (EU) mainly because of the fact that the union is inherently a ...

Updated 30 Oct, 2021 02:55pm

Opinion

Wake up before it’s too late—I

This week, three events related to Pakistan in international spheres have been largely ignored by media. These are...

Published 28 Oct, 2021 04:06am

Opinion

Riyasat-e-Madina—II ‘Mecca may rightly be called a merchant republic’

That the Prophet Muhammad (PBUH) became rich after marriage and success of trade the income obtained was used on the...

Published 23 Oct, 2021 04:01am

Opinion

Riyasat-e-Madina—I ‘Mecca may rightly be called a merchant republic’

This is the month of Rabi-ul-Awwal when we specially remember our Prophet Muhammad (PBUH) with a renewed fervour and...

Published 21 Oct, 2021 04:38am

Opinion

Tax havens and double standards—II

Intellectual crime against Pakistan and other poor countries Developing countries lose on all counts due to the...

Published 14 Oct, 2021 04:14am

Opinion

Tax havens and double standards-I

Prime Minister Imran Khan has rightly observed that the matters relating to offshore tax havens are to be seen in ...

Published 13 Oct, 2021 04:47am

Opinion

USD-PKR parity-II

It is very unfortunate that Pakistan's foreign exchange market is not based on fundamentals that are there in other...

Published 08 Oct, 2021 04:30am

Opinion

USD-PKR parity—I

Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their...

Published 07 Oct, 2021 04:25am

Business & Finance

Comments on Tax Laws (Third Amendment) Ordinance, 2021

A review of the provisions introduced reveals that after a long time concrete and positive steps have been ...

Published 20 Sep, 2021 05:23am

Opinion

Karachi: economic powerhouse

Two news items last week prompted me to write on the economy of Karachi, the country’s largest city and its...

Published 16 Sep, 2021 04:02am

Opinion

Correcting perceptions about MSCI downgrade

Pakistan Stock Exchange (PSX) index was downgraded from Emerging Market to Frontier Market recently by MSCI (Morgan...

Published 14 Sep, 2021 03:55am

Opinion

Events in Afghanistan

The current Afghan situation is to be seen on a bigger canvas not limited to events after the Soviet invasion in...

Published 02 Sep, 2021 04:21am

Opinion

Biden's minimum corporate rate of 15%: a Pakistani's perspective

One of the major initiatives of the new administration at the Capitol Hill in Washington is Joe Biden's...

Published 04 Aug, 2021 04:14am

Opinion

Concealment of income, FATF compliance: Improvements in tax administration required

In this last article of a multi-part series of articles I will discuss the improvements required in tax...

Published 28 Jul, 2021 04:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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