News stories for Tahir Jahangir

Tahir Jahangir

Opinion

Textile exports will start falling soon

It seems that our economic planners are living in a fantasy world. Contrary to our budgetary expectations, which...

Updated 24 Jul, 2024 08:35am

Opinion

A timid budget by a hesitant govt

The budget was really not a budget per se. We have come to expect major policy measures being enacted, loads of ...

Updated 15 Jun, 2023 06:31am

Opinion

The cost of anti-export bias

Our country in general and our bureaucracy in particular have a strange bias against exports and a particular...

Published 13 Jun, 2023 06:00am

Opinion

Decline in our exports

There are two major factors behind the decline of the dollar value of our textile exports. The first is a drop in ...

Published 05 May, 2023 06:44am

Opinion

The grim challenge of import addiction

We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I...

Updated 27 Apr, 2023 07:06am

Opinion

Stern business of funny money

In the mid-1990s the Soviet Union had collapsed and my friend Tariq Usman Haider was appointed as the envoy to...

Published 07 Mar, 2023 03:16am

Opinion

Let’s tighten our belts for one year: all will be well

There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the...

Updated 23 Feb, 2023 06:14am

Opinion

Faltering exports – the longer term for textiles

When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute...

Updated 18 Jan, 2023 07:26am

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Opinion

Export growth won’t be easy from now on

Ever since the rupee-dollar parity was allowed to be determined by market forces the Rupee depreciated dramatically...

Published 14 Sep, 2022 04:45am

Opinion

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the...

Published 18 May, 2022 05:54am

Opinion

The exchange rate challenge

It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced...

Published 11 May, 2022 04:58am

Opinion

The same old cul-de-sac…

Once again we have arrived at the same impasse. The path ends in a dead end. On both sides, and in front of us there...

Published 09 Feb, 2022 05:46am

Opinion

Export ‘boom’ may not last long

Jubilation at a 24% growth in exports in US dollar terms is not entirely justified. About 15% of this 24 % is really...

Published 08 Jul, 2021 04:22am

Opinion

Where are billions of dollars collected as EDS?

Let me explain what constitutes EDS. It stands for “Export Development Surcharge.” This is a deduction of a...

Published 19 May, 2021 06:00am

Opinion

Improving value-added exports: some suggestions

A new team has taken over the Ministry of Finance in Islamabad. Let us hope they will be more amenable to issues...

Published 12 May, 2021 04:23am

Dire prospects for value-added textile industry

The worldwide attention given to the plight of the Uighurs in the Chinese Xinjiang province has led to a conscious...

Published 01 Mar, 2021 06:13am

Opinion

Jubilation at export growth is premature

The fact that exports this financial year, July 2020 onwards are much higher than they were in the same months the...

Published 21 Jan, 2021 04:23am

Opinion

The faults that computers develop

It was gratifying to see the government functionaries admitting that the FBR super computer has faults which have ...

Published 23 Dec, 2020 02:55am

Opinion

Export growth dependent upon sales tax refunds

Over the last twelve months it has been clearly demonstrated that our exports can grow provided we are given a ...

Published 24 Nov, 2020 03:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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