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اردو

Dec 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2022-05-29

Insurance distribution, payments systems: SECP event discusses technology-enabled solutions

Recorder Report Published May 29, 2022

ISLAMABAD: The Securities & Exchange Commission of Pakistan (SECP) organized a roundtable on the role of Insurance Intermediaries for enhancing insurance outreach by leveraging technology. The Commissioner, SECP, Sadia Khan chaired the session.

The session designed for the insurance brokers and insurance web aggregators to deliberate on ideas to use technology-enabled solutions for enhancing insurance distribution and simplify payments systems. Ms. Sadia Khan emphasised for need of promoting digitalization in the insurance sector and stressed for providing convenient and cost-effective insurance products to meet the protection needs of the masses.

The participants appreciated the initiative of SECP of engaging to insurance intermediaries and shared a number of proposals for further improving insurance landscape by sing digital means.

SECP

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	155.22
USD to Swiss Franc / Dec 18	0.90
Pound Sterling to USD / Dec 18	1.26
Euro to USD / Dec 18	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
India Sensex / Dec 18	79,372.61
Tokyo Nikkei / Dec 18	38,741.83
Nasdaq / Dec 18	19,392.69
Hang Seng / Dec 18	19,666.12
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57

Item	Value
Crude Oil USD/Barrel / Dec 18	70.19
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Gold Spot USD/Ounce / Dec 18	2,609.22
Cotton US¢/pound / Dec 18	68.06
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / Dec 19 First Al-Noor Modaraba(FANM)	3.79 ▲ 0.56 (17.34%)
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
LSE Capital / Dec 19 LSE Capital Limited(LSECL)	7.40 ▲ 0.70 (10.45%)
Popular Islamic / Dec 19 Popular Islamic Modaraba(PIM)	13.48 ▲ 1.23 (10.04%)
Attock Cement / Dec 19 Attock Cement Pakistan Limited(ACPL)	285.20 ▲ 25.93 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Oilboy Energy / Dec 19 Oilboy Energy Limited(OBOY)	12.65 ▲ 1.15 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Sardar Chemical / Dec 19 Sardar Chemical Industries Limited(SARC)	37.95 ▲ 3.45 (10.00%)

Stock	Price
Imperial Limited / Dec 19 Imperial Limited(IML)	18.14 ▼ -2.02 (-10.02%)
Sindh Abadgar / Dec 19 Sindh Abadgar's Sugar Mills Limited(SASML)	40.47 ▼ -4.50 (-10.01%)
Sitara Chemical / Dec 19 Sitara Chemical Industries Limited(SITC)	267.94 ▼ -29.77 (-10.00%)
Mari Petroleum / Dec 19 Mari Petroleum Company Limited(MARI)	658 ▼ -70.78 (-9.71%)
Trust Sec.& Brok. / Dec 19 Trust Securities & Brokerage Limited(TSBL)	9.55 ▼ -1.00 (-9.48%)
Nazir Cotton Mills / Dec 19 Nazir Cotton Mills Limited(NCML)	11.51 ▼ -1.20 (-9.44%)
AL-Noor Sugar / Dec 19 Al-Noor Sugar Mills Limited(ALNRS)	81 ▼ -8.35 (-9.35%)
Hoechst Pak. / Dec 19 Hoechst Pakistan Limited(HPL)	2,506 ▼ -252.82 (-9.16%)
PIA Holding Co.B / Dec 19 PIA Holding Company Limited B(PIAHCLB)	822 ▼ -78.71 (-8.74%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	139,290,885 ▲ 0.00
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	67,462,895 ▼ -0.10
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▲ 0.03
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▲ 0.37
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	50,144,684 ▲ 0.32
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	46,773,842 ▼ -0.09
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 2.91
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▲ 0.42
Fauji Foods Ltd / Dec 19 Fauji Foods Limited(FFL)	21,856,915 ▼ -0.02