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اردو

Feb 07, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2024-10-02

IAP elects its new Executive Committee for 2024-26

Press Release Published October 2, 2024

KARACHI: The Insurance Association of Pakistan (IAP) has elected its new Executive Committee for the year 2024-26 who will assume their office from 1st October 2024, with Shoaib Javed Hussain as Chairman, Muhammad Hisham as Senior Vice Chairman and Syed Ather Abbas as Vice Chairman.

The full composition of newly elected members of the Executive Committee for the year 2024-26 is as follows:

=====================================================================
EXECUTIVE COMMITTEE
=====================================================================
1. Shoaib Javed Hussain, Chairman     State Life Insurance Corp. Pak.
2. Muhammad Hisham, Senior                 IGI General Insurance Ltd.
Vice Chairman
3. Syed Ather Abbas, Vice Chairman           Habib Insurance Co. Ltd.
4. Javed Ahmed                        Jubilee Life Insurance Co. Ltd.
5. Jehanzeb Zafar                       Askari Life Assurance Co. Ltd
6. Manzar Mushtaq                     Adamjee Life Assurance Co. Ltd.
7. Mohammed Ali Ahmed                      EFU Life Assurance Limited
8. Nadeem Ahmed                            Adamjee Insurance Co. Ltd.
9. Syed Nayyar Hussain Zaidi                   Salaam Takaful Limited
10. Umer Haroon                          East West Insurance Co. Ltd.
11. Waqas Ahmad                      Pak-Qatar Family Takaful Ltd.-PR
=====================================================================

IAP new Executive Committee

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 7	279.10
USD PKR Interbank Buying / Feb 7	278.90
USD to Japanese Yen / Feb 7	151.83
USD to Swiss Franc / Feb 7	0.91
Pound Sterling to USD / Feb 7	1.24
Euro to USD / Feb 7	1.04
UK LIBOR % / Feb 6	4.96

Stock	Volume
S&P 500 / Feb 6	6,083.57
Nasdaq / Feb 6	19,791.99
Dow Jones / Feb 6	44,747.63
India Sensex / Feb 7	77,690.12
Tokyo Nikkei / Feb 7	38,787.02
Hang Seng / Feb 7	21,133.54
FTSE 100 / Feb 7	8,720.64
Germany DAX 30 / Feb 7	21,935.62
France CAC40 / Feb 7	8,010.74

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	18,285
Gold 10 Grams PKR / Feb 6	256,087
Petrol/Litre / Feb 7	257.13
Crude Oil USD/Barrel / Feb 7	71.16
Gold Spot USD/Ounce / Feb 7	2,864.56
Diesel/Litre / Feb 7	267.95
Cotton US¢/pound / Feb 7	66.40

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Feb 7 Tri-Star Mutual Fund Limited(TSMF)	8.49 ▲ 0.99 (13.2%)
Askari Life Assur. / Feb 7 Askari Life Assurance Company Limited(ALAC)	5.86 ▲ 0.66 (12.69%)
Pak. P.V.C. / Feb 7 Pakistan PVC Limited(PPVC)	10.40 ▲ 0.98 (10.4%)
Imperial Limited / Feb 7 Imperial Limited(IML)	18.86 ▲ 1.71 (9.97%)
Karam Ceramics / Feb 7 Karam Ceramics Limited(KCL)	68 ▲ 6.1 (9.85%)
Pakistan Cables / Feb 7 Pakistan Cables Limited(PCAL)	188.99 ▲ 16.86 (9.79%)
Calcorp Ltd / Feb 7 Calcorp Limited(CASH)	34.10 ▲ 2.96 (9.51%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	34.99 ▲ 2.98 (9.31%)
ZIL Limited / Feb 7 ZIL Limited(ZIL)	248 ▲ 20 (8.77%)
Diamond Ind. / Feb 7 Diamond Industries Limited(DIIL)	21.20 ▲ 1.7 (8.72%)

Stock	Price
Tariq Corp.Pref. / Feb 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.30 ▼ -0.99 (-11.94%)
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	1.07 ▼ -0.12 (-10.08%)
Leather Up Ltd. / Feb 7 Leather Up Limited(LEUL)	35.26 ▼ -3.92 (-10.01%)
Fateh Sports / Feb 7 Fateh Sports Wear Limited(FSWL)	85.50 ▼ -9.5 (-10%)
Intermarket Securities / Feb 7 Intermarket Securities Limited(IMS)	48.63 ▼ -5.4 (-9.99%)
National Silk / Feb 7 The National Silk & Rayon Mills Limited(NSRM)	33.41 ▼ -3.7 (-9.97%)
Unicap Modaraba / Feb 7 Unicap Modaraba(UCAPM)	2.81 ▼ -0.31 (-9.94%)
Punjab Mod / Feb 7 First Punjab Modaraba(FPJM)	2.60 ▼ -0.28 (-9.72%)
Power Cem(Pref) / Feb 7 Power Cement (Pref)(POWERPS)	9.99 ▼ -1.01 (-9.18%)
Dewan Textile / Feb 7 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.69 (-9.09%)

Stock	Volume
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	119,523,297 ▼ -0.12
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	80,384,932 ▲ 0.03
Bank Makramah / Feb 7 Bank Makramah Limited(BML)	64,937,708 ▼ -0.11
B.O.Punjab / Feb 7 The Bank of Punjab(BOP)	17,199,644 ▼ -0.26
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	13,127,512 ▲ 0.13
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	12,104,269 ▲ 0
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	11,809,310 ▼ -0.03
National Bank / Feb 7 National Bank of Pakistan(NBP)	10,980,621 ▲ 2.08
Fauji Foods Ltd / Feb 7 Fauji Foods Limited(FFL)	10,484,043 ▼ -0.23
The Searle Co. / Feb 7 The Searle Company Limited(SEARL)	10,207,814 ▼ -1.97