News Archives for Business & Finance - 2024-10-19

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Business & Finance - 2024-10-19

Cotton & Textile

Pakistan’s cotton import bill set to hit $1.9bn as local production plummets

In a concerning development for Pakistan, the country’s cotton import bill is projected to reach $1.9 billion in the...

Updated 19 Oct, 2024 09:47pm

Bullion Rate

New high: gold price per tola increases Rs900 in Pakistan

Gold prices in Pakistan maintained their upward trajectory on Saturday in line with their increase in international...

Updated 19 Oct, 2024 09:48pm

Industry

Financial independence must for women empowerment: Governor

LAHORE: The Punjab Governor Sardar Saleem Haider Khan said on Friday that successful women entrepreneurs are...

Published 19 Oct, 2024 07:34am

FTO visits FPCCI, assures to resolve taxpayer’s problems

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh and Vice...

Published 19 Oct, 2024 07:33am

Companies

E-payments: Nadra signs pact with BOP

ISLAMABAD: The National Database and Registration Authority (Nadra), on Friday, signed an agreement with the Bank of...

Published 19 Oct, 2024 07:02am

Companies

Top performers of PTCL’s ‘Ba-Ikhtiyar’ programme attend GITEX 2024 in Dubai

KARACHI: Pakistan’s leading telecommunications and ICT provider, PTCL Group (PTCL & Ufone 4G) showcased its...

Published 19 Oct, 2024 06:48am

PHMA denounces govt plan to withdraw gas supply to co-generation captive power & captive power plants

LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) North Zone Chairman Abdul Hameed on Friday...

Published 19 Oct, 2024 06:48am

ABAD demands long-term tax policies, easier financing access

KARACHI: The Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has urged the...

Published 19 Oct, 2024 06:48am

Money & Banking

Riba-free banking for all: BankIslami redefines Pakistan’s financial landscape

KARACHI: BankIslami, one of the leading Islamic financial institutions in Pakistan, has launched a pivotal ...

Updated 19 Oct, 2024 08:15am

Money & Banking

Indian rupee slips to record low

MUMBAI: The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp...

Published 19 Oct, 2024 06:48am

Money & Banking

US dollar falls

NEW YORK: The US dollar fell on Friday, taking a breather after five straight days of gains, as risk appetite...

Published 19 Oct, 2024 06:48am

Money & Banking

Asian currencies: Malaysian ringgit, peso down

BENGALURU: Taiwan shares jumped to a three-month high on Friday, boosted by chipmaker TSMC hitting a record peak on...

Published 19 Oct, 2024 06:48am

Stocks

Auction for GIS: PSX raises Rs243bn against Rs200bn target

KARACHI: Pakistan Stock Exchange (PSX) raised Rs 243 billion against a target of Rs 200 billion for the MoF in the...

Updated 19 Oct, 2024 08:10am

PPL, BME, GoB focuses on growth of mining projects in Balochistan

KARACHI: The 49th Annual Management Committee meeting of Bolan Mining Enterprises (BME) was held on October 17, 2024...

Published 19 Oct, 2024 06:48am

Business growth: Pharma cos urged to adopt digital channels

KARACHI: Stakeholders of the healthcare sector urged pharmaceutical companies to adopt digital channels for ...

Updated 19 Oct, 2024 08:14am

Member firms: Paapam seeks withdrawal of requirement for submission of affidavit

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam), representing over 300...

Updated 19 Oct, 2024 08:13am

Minister stresses converting transport corridors into economic corridors

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that transport...

Updated 19 Oct, 2024 07:14am

Industry

Controversial affidavit: LCCI’s commitment lauded for deferring FBR’s condition

LAHORE: The business community has lauded the Lahore Chamber of Commerce and Industry (LCCI) for its decisive...

Updated 19 Oct, 2024 07:19am

‘Malir Industrial Park to start economic stability in Karachi’

KARACHI: The Administrator of Pakistan Economic Zone Development and Management Company (PEZDMC), Brigadier Muhammad...

Updated 19 Oct, 2024 07:21am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20
France CAC40 / Nov 25	7,257.47
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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