News Archives for Business & Finance - 2024-08-31

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Business & Finance - 2024-08-31

Govt reduces petrol price by Rs1.86, HSD’s by Rs3.32 per litre

New prices come into effect from September 01, 2024

Published 31 Aug, 2024 10:30pm

Bullion Rate

Gold price per tola increases Rs1,000 in Pakistan

After declining in the previous session, gold prices in Pakistan increased on Saturday, despite a decrease in the...

Updated 31 Aug, 2024 04:21pm

Energy

Privatization key solution for power sector’s challenges: experts

KARACHI: The Sustainable Development Policy Institute (SDPI) and the Network for Clean Energy Transition (NCET)...

Published 31 Aug, 2024 08:07am

Industry

Pakistan, Iran: Need stressed to promote ‘official trade’

KARACHI: Chief Executive of Ta’min Petroleum & Petrochemical Investment Company (TAPPICO) of Iran, Reza Babak...

Published 31 Aug, 2024 08:04am

PSA takes strong steps to check substandard solar imports

KARACHI: Pakistan Solar Association (PSA) is doing its utmost to ensure a stable and reliable supply of solar panels...

Published 31 Aug, 2024 06:55am

Weekly SPI inflation down 0.62pc

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended August 29, 2024, decreased by 0.62 per...

Published 31 Aug, 2024 06:55am

Provisional collection stands at Rs785bn in 30 days

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 785 billion during first 30 days of...

Published 31 Aug, 2024 06:55am

Investors participating in IPOs being facilitated

KARACHI: Pakistan Stock Exchange (PSX) and Central Depository Company of Pakistan Limited (CDC), under the aegis of...

Published 31 Aug, 2024 06:55am

World Bank team briefed about Pesco’s new projects

PESHAWAR: A team of the World Bank visited the Peshawar Electric Supply Company head office in Peshawar and held a...

Published 31 Aug, 2024 06:55am

Industry

SECP appoints Salman as religious board head

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has appointed Salman Hamid Afridi as the...

Published 31 Aug, 2024 06:55am

Taxes

PRA notifies operation of Bahawalpur office

LAHROE: In line with the directives of the Punjab chief minister, the Punjab Revenue Authority (PRA) has officially...

Published 31 Aug, 2024 06:55am

PESSI approves Rs36bn surplus budget for FY2024-25

LAHORE: The Punjab Employees Social Security Institution (PESSI) governing body has approved a surplus budget of Rs...

Published 31 Aug, 2024 06:55am

Industry

Additional WHT on edibles: KWGA says will observe strike today

KARACHI: Karachi Wholesale Grocers Association (KWGA) has announced to hold a shutter-down strike Friday (today)...

Published 31 Aug, 2024 06:55am

Industry

FPCCI, SECP organise seminar

LAHORE: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and Securities and Exchange Commission of...

Published 31 Aug, 2024 06:55am

Industry

LCCI elections: PPPA announces names of its candidates

LAHORE: The Piaf Pioneer Progressive Alliance (PPPA) has unanimously announced the names of its all candidates for...

Published 31 Aug, 2024 06:55am

Industry

LCCI, PSQCA sign MoU

LAHORE: The Lahore Chamber of Commerce & Industry and Pakistan Standards and Quality Control Authority (PSQCA)...

Published 31 Aug, 2024 06:55am

Companies

IMC bags awards at Environment, Health and Safety Summit

KARACHI: Indus Motor Company (IMC) has been recognised for its outstanding commitment to global sustainability goals...

Published 31 Aug, 2024 06:55am

Taxes

Reintroduction of sales tax on advances: KTBA seeks guidelines on advance invoices’ declaration

KARACHI: Taxpayers in Karachi are grappling with significant challenges in paying sales tax and claiming ...

Published 31 Aug, 2024 06:55am

Companies

H1 ended June 30th: ABL posts Rs23.641bn PAT

LAHORE: Allied Bank is committed to offering top-tier global services to its customers, striving to be their...

Updated 31 Aug, 2024 08:22am

Money & Banking

Australia, NZ currencies hold hefty monthly gains

SYDNEY: The Australian and New Zealand dollars were looking to close out the month with sizable gains on Friday as...

Published 31 Aug, 2024 06:55am

Money & Banking

US dollar gains after inflation data

NEW YORK: The US dollar gained on Friday after data showed a key inflation measure came in line with forecasts, ...

Published 31 Aug, 2024 06:55am

Money & Banking

Asian currencies set for monthly gains

BENGALURU: Most emerging Asian currencies were set on Friday for monthly gains despite falling during the day, while...

Published 31 Aug, 2024 06:55am

Companies

CCP recovers Rs5m penalty from Wateen Telecom

ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully recovered a penalty of Rs 5 million from...

Published 31 Aug, 2024 06:55am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 23	277.92
USD PKR Interbank Buying / Sep 23	277.72
USD to Japanese Yen / Sep 23	143.76
USD to Swiss Franc / Sep 23	0.85
Pound Sterling to USD / Sep 23	1.33
Euro to USD / Sep 23	1.11

Stock	Volume
S&P 500 / Sep 20	5,702.55
Tokyo Nikkei / Sep 20	37,723.91
Nasdaq / Sep 20	17,948.32
Dow Jones / Sep 20	42,063.36
India Sensex / Sep 23	84,928.61
Hang Seng / Sep 23	18,214.80
FTSE 100 / Sep 23	8,218.11
Germany DAX 30 / Sep 23	18,704.04

Item	Value
Gold 10 Grams PKR / Sep 21	233,625
Petrol/Litre / Sep 23	249.10
Crude Oil USD/Barrel / Sep 23	70.95
Karachi Cotton PKR/37.32 KG / Sep 23	18,935
Gold Spot USD/Ounce / Sep 23	2,615.19
Diesel/Litre / Sep 23	249.69

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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