News Archives for Print - 2020-04-13 - Business Recorder

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Print - 2020-04-13

Air France repatriation flight damaged

Air France repatriation flight damaged

An Air France plane that was to have repatriated French citizens from the Republic of Congo back to Paris amid the coronavirus epidemic was damaged by gunfire while on the airport tarmac, the airline and sources said Sunday.

Published 13 Apr, 2020 12:00am

Sindh CM brief Zardari about coronavirus situation

Sindh CM brief Zardari about coronavirus situation

Former President of Pakistan and President Pakistan Peoples Party Parliamentarians Asif Ali Zardari and Sindh Chief Minister Murad Ali Shah had a telephonic contact.

Published 13 Apr, 2020 12:00am

Joe Biden wins Alaska primary

Joe Biden wins Alaska primary

Joe Biden, the presumptive Democratic presidential nominee, was declared winner of the Alaska primary late Saturday after the state shifted to postal voting due to the coronavirus pandemic.

Published 13 Apr, 2020 12:00am

Covid-19 outbreak: Punjab, KP submit reports before SC

Covid-19 outbreak: Punjab, KP submit reports before SC

Two provinces -Punjab and Khyber Pakhtunkhwa on Sunday submitted reports before Supreme Court about the measures undertaken by the provincial governments to contain coronavirus.

Published 13 Apr, 2020 12:00am

14 deaths reported across country: Zafar

14 deaths reported across country: Zafar

Special Assistant to the Prime Minister on Health Services Dr Zafar Mirza on Sunday warned the nation to be extra vigilant as the last 24 hours proved quite heavy after 14 deaths were reported across the country due to Covid-19 pandemic and the rise in lo

Published 13 Apr, 2020 12:00am

UAE warns on worker repatriation

UAE warns on worker repatriation

Saudi Arabia indefinitely extended a curfew due to the coronavirus on Sunday amid a surge of new infections, and the United Arab Emirates warned of possible action against countries refusing to allow migrant workers to be repatriated.

Published 13 Apr, 2020 12:00am

Pope marks 'Easter of solitude' in virus lockdown

Pope marks 'Easter of solitude' in virus lockdown

Pope Francis broke with centuries of tradition to livestream Easter Sunday mass to those suffering in the solitude of a coronavirus lockdown that forced the world's Catholics to improvise on their holiest day.

Published 13 Apr, 2020 12:00am

Futures spread up by 362bps

Stocks

Futures spread up by 362bps

The futures spread increased by 362bps to 11.03 percent on the last day of the outgoing week.

Published 13 Apr, 2020 12:00am

Bulls again on driving seat

Stocks

Bulls again on driving seat

Pakistan Stock Exchange recovered some of its losses during the outgoing week ended on April 10, 2020 on the back of fresh buying by local investors and institutional support.

Published 13 Apr, 2020 12:00am

Energy sector circular debt touches Rs 2 trillion

Energy sector circular debt touches Rs 2 trillion

The country's energy sector circular debt has touched whopping level of Rs 2 trillion as failures are witnessed starting from generation, transmission distribution and recovery.

Published 13 Apr, 2020 12:00am

Economic stimulus package: PM briefed about progress

Economic stimulus package: PM briefed about progress

Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh on Sunday called on Prime Minister Imran Khan and briefed him about the progress on economic stimulus package.

Published 13 Apr, 2020 12:00am

Country facing recession prospect

Country facing recession prospect

Pakistan may fall into a recession with the real GDP for fiscal year 2020 could contract by 2.2 percent and a painful decline in per-capita income, says the World Bank (WB).

Published 13 Apr, 2020 12:00am

PM calls for global initiative on debt relief

PM calls for global initiative on debt relief

Prime Minister Imran Khan on Sunday appealed for a "Global Initiative on Debt Relief" saying that Covid-19 pandemic has posed unprecedented health and economic challenges.

Published 13 Apr, 2020 12:00am

IPPs reject allegations of wrongdoings

IPPs reject allegations of wrongdoings

Independent Power Producers (IPPs) have brushed aside all allegations of wrongdoings in the purported inquiry committee report tailored by a committee.

Published 13 Apr, 2020 12:00am

What was behind fixation of sugarcane price, sugar export?

What was behind fixation of sugarcane price, sugar export?

The newly-appointed Minister for Industries and Production, Hammad Azhar is reportedly going through all the documents of Sugar Advisory Board (SAB) which led to fixation of sugarcane price and sugar export, well informed sources told Business recorder

Published 13 Apr, 2020 12:00am

Payment of wages to workers: TMAP lauds SBP decision regarding soft loans

Towel Manufacturers Association of Pakistan (TMAP) on Sunday said the State Bank of Pakistan's (SBP) announcement regarding soft loans for payment of wages to workers during the pandemic layoff and recession is very timely and correct steps to save indust
Published 13 Apr, 2020 12:00am

Deferred sales tax refund claims: Exporters paying close attention to Razak's FBR visit

Exporters are confident that Abdul Razak Dawood, advisor to the prime minister on commerce, will take up the issue of deferred sales tax refund claims with the tax authorities on Monday (today), during his visit to the Federal Board of Revenue (FBR).
Published 13 Apr, 2020 12:00am

Johnson says 'no question' medics saved his life

British Prime Minister Boris Johnson left hospital on Sunday and thanked staff for saving his life from COVID-19, but his government was forced to defend its response to the coronavirus outbreak as the national death toll passed 10,000.
Published 13 Apr, 2020 12:00am

Iran says $1.6 billion claimed by US released in Luxembourg

Iran's President Hassan Rouhani said Sunday the country had won a legal "victory" over $1.6 billion of its assets that had long been frozen on a US request in Luxembourg.
Published 13 Apr, 2020 12:00am

Taliban set to release first prisoners in fragile Afghan exchange

In what appeared some breakthrough in peace process between the Afghan government and the Taliban, the armed group announced on Sunday that it will be freeing 20 prisoners of the Kabul administration in response to the earlier releases of 200 Taliban pris
Published 13 Apr, 2020 12:00am

Resolution & termination of pact between PLTL, PGPCL: PD awaiting comments of AGP, Law Div for final round

Petroleum Division is waiting for comments of Attorney General of Pakistan and Law Division to proceed for final round on dispute resolution and termination of agreement between Pakistan LNG Terminal Limited (PLTL) and Pakistan Gas Port Consortium Limited
Published 13 Apr, 2020 12:00am

Indian troops deliberately targeting civilians

Director General Inter Services Public Relations (DG ISPR) Major General Babar Iftikhar Sunday said the Indian Army troops resorted to unprovoked ceasefire violation late last night along the Line of Control (LoC) and Working Boundary in Chirikot and Shak
Published 13 Apr, 2020 12:00am

Ahfaz-ur-Rahman passes away

Renowned journalist, writer and poet Ahfaz ur Rehman passed away early on Sunday at the age of 78 after a prolonged illness.
Published 13 Apr, 2020 12:00am

OPEC, Russia approve biggest ever oil cut

OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil prices amid the coronavirus pandemic.
Published 13 Apr, 2020 12:00am

Letters
Striking a delicate balance

The announcement of a comprehensive construction promotion package by prime minister Imran Khan is a decision in the right direction. Elevating this sector's status to an industry would certainly attract more investors and an increased economic activity i
Published 13 Apr, 2020 12:00am

Articles
Oil prices, virus, instability put Algeria on edge

Algeria faces economic and social turmoil if crude prices continue to collapse, experts have warned, with the oil-dependent country reeling from a year of popular protests, political turmoil and now, coronavirus.
Published 13 Apr, 2020 12:00am

Articles
A silver lining in the Covid-19 clouds

Clouds obscure the sun. The horizon becomes grey and dark. It seems all ominous. However, rays of sunlight do break through eventually to make the world seem brighter. While Covid-19 has darkened the lights and sounds of the hustling bustling world, it ha
Published 13 Apr, 2020 12:00am

Articles
Sugar under greater focus

While the poor and the vulnerable continue to grapple with the serious implications of the Coronavirus that has compromised their ability to feed their families prompting the government to disburse cash to meet their daily needs the media and peoples' rep
Published 13 Apr, 2020 12:00am

Need for better social messaging

A picture is worth a thousand words. That old adage has assumed special significance in these trying times of coronavirus, as President Arif Alvi may have learned to his chagrin when a picture showing him wearing an N-95 mask at an official meeting in Lah
Updated 14 Apr, 2020 09:29am

Rs1.2trn package: a misnomer?

The much-touted 1.2 trillion rupee relief package announced by the government appears to be a misnomer as it not only restates budgeted expenditure envisaged as far back as in June 2019, at least five months before news of the Coronavirus began to filter
Updated 14 Apr, 2020 09:29am

Cotton & Textile
WEEKLY COTTON REVIEW: Business activities remain suspended

Increasing trend was witnessed in the international cotton markets. Like textile mills of Punjab textile mills of Sindh hinted to start operations partially. State Bank of Pakistan has announced a refinance scheme for the payments of salaries to the worke
Published 13 Apr, 2020 12:00am

Bilawal greets Christian community on Easter

Chairman, Pakistan Peoples Party, Bilawal Bhutto Zardari has extended greetings to the Christian community in Pakistan and the world over on the Easter being celebrated on Sunday In his message, the PPP Chairman said that this Easter was being celebrated
Published 13 Apr, 2020 12:00am

Two more die as 93 new cases surface: Murad

Sindh Chief Minister Syed Murad Ali Shah has said that 93 new cases of Coronavirus have been detected while two more patients succumbed to the infection during the last 24 hours.
Published 13 Apr, 2020 12:00am

Pakistani-Americans deaths in New York: Pak Embassy terms reports unauthenticated

The Pakistan Embassy on Saturday brushed aside as "guesstimates" media reports about the death of more than 100 Pakistani-Americans in the New York region resulting from the coronavirus pandemic sweeping the United states and many other countries of the w
Published 13 Apr, 2020 12:00am

COVID-19 cases: Positive outcome of lockdown is visible: President

President Dr Arif Alvi Sunday said that with the support from the people and religious scholars, the positive outcome of the lockdown was visible in the country in form of the coronavirus cases far lower than the estimates.
Published 13 Apr, 2020 12:00am

Energy
SNGPL to donate Rs 38 million for Covid-19 relief activities

Sui Northern Gas Pipelines Limited (SNGPL) has announced to donate Rs. 38 Million to support efforts in combating Coronavirus in the Country. The Company Board of Directors accorded approval for the donation in its meeting held on April 11, 2020 at the He
Published 13 Apr, 2020 12:00am

Ration distribution: Process should not be used for publicity: minister

Sindh Minister for Information, Local Government, Housing & Town Planning, Religious Affairs, and Forest & Wildlife Syed Nasir Hussain Shah on Sunday said that focus of the Sindh government was to slow down the spread of the Coronavirus (Covid-19) to save
Published 13 Apr, 2020 12:00am

Money & Banking
President & CEO of BankIslami says: Banks, financial institutions providing support to economy

While the coronavirus outbreak is threatening businesses around the world and economies are also witnessing a slowdown, banks and financial institutions in Pakistan remain functional as a fundamental support for the economy.
Published 13 Apr, 2020 12:00am

Reopening markets: Jewellers distance themselves from calls

Distancing itself from the calls of other trader associations for reopening shops and markets amid deteriorating financial condition of people, the Lahore Division Sarafa and Jewellers Association (LDS&JA) has announced to completely support of the govern
Published 13 Apr, 2020 12:00am

Business & Economy
APCEA demands special relief package for gems stone sector

The All Pakistan Commercial Exporters Association (APCEA) has demanded of the government to announce special relief package for traders and workers attached with gems stone sector.
Published 13 Apr, 2020 12:00am

Buzdar participates in Christian community festivities

Chief Minister Punjab Sardar Usman Buzdar participated in the Christian community festivities on the eve of Easter and sent cake gifts to the leaders of Christian community and also congratulated them on their Easter.
Published 13 Apr, 2020 12:00am

Christians celebrate Easter in lockdown

The Christian community in Karachi on Sunday celebrated the Easter amid COVID-19 fears and lockdown. People mostly opted to stay at homes and arranged small gatherings at rooftops of their buildings to mark the day, as the provincial government has impose
Published 13 Apr, 2020 12:00am

Business & Economy
Steps needed to stabilise exchange rates to avert inflation: PBIF

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that steps should be taken to stabilise exchange rates otherwise it will add to debt and inflation while the business community will find it hard to plan for the fu
Published 13 Apr, 2020 12:00am

NSC meeting to decide fate of lockdown: Yasmeen

Provincial Health Minister Dr Yasmeen Rashid said on Sunday that the final decision on extending the lockdown will be made in the upcoming meeting of the National Security Council (NSC) and no respite will be allowed to areas having more coronavirus cases
Published 13 Apr, 2020 12:00am

Meeting discusses return of Pakistani citizens stranded in Afghanistan

A meeting of officials of government departments concerned was held at Tehsil Guest House on Sunday to review measures initiated prior to bring back stranded Pakistan from Afghanistan via Torkham border.
Published 13 Apr, 2020 12:00am

Life-saving health awareness messaging drive launched

Alight Pakistan, an NGO, with the collaboration of the National Commission for Human Development (NCHD) and Pakistan Alliance for Girls Education (PAGE) has launched a six-week life-saving health awareness messaging campaign titled "InOurHands" on social
Published 13 Apr, 2020 12:00am

Jirga demands end to lockdown to allow business activities

Peshawar Qaumi Jirga, a grand civil society organization of the provincial metropolis of Khyber Pakhtunkhwa, has demanded the KP government to immediately end the lockdown to allow business activities.
Published 13 Apr, 2020 12:00am

Fear, anxiety caused by coronavirus: Counselling Centre set up at LGH

Psycho-Counselling Centre has been set up at Lahore General Hospital to address the maximum fear and anxiety caused by the Corona Virus outbreak and the psychological problems that result from it. Principal Post Graduate Medical Institute Prof. Dr. Sardar
Published 13 Apr, 2020 12:00am

Sarwar blames opposition for resorting to political stunts

Punjab Governor Chaudhry Mohammad Sarwar has said that opposition is hurting national solidarity in the war against corona pandemic by resorting to political stunts that is not the right way to approach such a serious issue.
Published 13 Apr, 2020 12:00am

Business & Economy
SAARC CCI calls for closer cooperation to defeat coronavirus in South Asia

SAARC Chamber of Commerce and Industry (CCI) Sunday called for closer cooperation among national health emergency agencies to defeat the deadly Coronavirus and a long-term economic recovery plan for the region.
Published 13 Apr, 2020 12:00am

Stocks
Toronto stock market to recoup recent losses

Toronto's stock market is set to recoup recent losses and continue climbing but the coronavirus outbreak and its impact on global growth could hold back prospects for a steeper uplift in valuations, a Reuters poll found.
Published 13 Apr, 2020 12:00am

Stocks
Russian stocks to reach new highs in 2020

Russia's stock market is forecast to surpass record levels reached in January by the end of this year, a Reuters poll of market experts showed, but concerns over the effects of China's coronavirus epidemic are causing uncertainty.
Published 13 Apr, 2020 12:00am

Money & Banking
The dollar is still king, even as coronavirus slams US

The coronavirus outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar.
Published 13 Apr, 2020 12:00am

Money & Banking
Daily FX volumes soar to record $2.2 trillion in March

Average daily foreign exchange trading volumes rocketed 18% year-on-year in March to a record $2.2 trillion, CLS said in a statement on Thursday, as panic over the coronavirus sent currency prices moving wildly.
Published 13 Apr, 2020 12:00am

Stocks
Offshore holdings of Chinese bonds edge up last month

Foreign investors were net buyers of Chinese government bonds in March, new data showed on Thursday, but they added to their holdings at the slowest pace in more than a year as pandemic-driven panic prompted a global flight to liquidity.
Published 13 Apr, 2020 12:00am

Stocks
Junk bond prices rally after Fed offers lifeline to riskier credits

Prices on US high-yield bond exchange-traded funds and individual junk-rated issues like Ford Motor Co and Occidental Petroleum Corp soared on Thursday after the Federal Reserve announced it would expand its corporate bond-buying program to include some s
Published 13 Apr, 2020 12:00am

Stocks
Foreign holding of South Africa bonds sinks to four-year low

South Africa's bond yields soared on Friday and the rand crashed to all-time lows as the growing likelihood of a global recession due to the spreading novel coronavirus compounded concerns about the local economy following a ratings downgrade to junk.
Published 13 Apr, 2020 12:00am

Stocks
Stuck-at-home punters flock to financial betting, and lose badly

The wild swings in stock, currency and commodity prices in recent weeks are proving too tempting for thousands of stuck-at-home punters convinced they know which way markets are headed as the coronavirus ravages economies.
Published 13 Apr, 2020 12:00am

Stocks
Royal London suspends two property funds

Investment manager Royal London has suspended dealings in its Royal London Property Fund and Royal London Property Trust with effect from March 31, it said in a notice on its website.
Published 13 Apr, 2020 12:00am

Money & Banking
Central European FX could begin slow rebound after virus hit

Central Europe's currencies could be over the worst of their pounding as a result of the global coronavirus pandemic, as Hungary's forint is seen recovering from record lows and the Czech crown gradually firming in the next year, a Reuters poll showed on
Published 13 Apr, 2020 12:00am

Stocks
Saudi shares fall after OPEC+ output deal falters

Saudi Arabia's stock market closed lower on Sunday following eight winning sessions as investors paused after OPEC and other oil producing countries struggled to finalise a record deal to cut output and support crude prices.
Published 13 Apr, 2020 12:00am

Essential food items: KP government taking steps for home delivery

The provincial government of Khyber Pakhtunkhwa is taking steps for home delivery of the essential food items like fruits and vegetables etc through online app to the people. This was stated during a meeting of the Agriculture & Livestock Department held
Published 13 Apr, 2020 12:00am

PM's Ehsaas Programme: Rs 6.74 billion disbursed among 559,849 persons in Punjab

Under the prime ministers Ehsaas Programme, Punjab government has distributed an amount of Rs 6.74 billion among the needy across the province during last three days and as many as 559,849 persons have got benefit from this financial aid.
Published 13 Apr, 2020 12:00am

FDA to complete Rs70m uplift schemes of roads under PM's SDP

Under the Prime Minister's Sustainable Development Programme (SDP), the five uplift schemes of improvement of carpet roads and construction of streets in the different localities of the city would be completed with Rs70 million fund under the supervision
Published 13 Apr, 2020 12:00am

600 Americans leave Pakistan

As there is no let up in Covid-19 case in the country, evacuation of US citizens in Pakistan continued, as some 600 Americans were flown out of the country through special flights on April 10 and 12, respectively.
Published 13 Apr, 2020 12:00am

Brief Recordings
An interview with Aamer Hayat Bhandara, progressive farmer & climate activist “Banning threshers in favour of combines may worsen the food shortage”

Aamer Hayat Bhandara is a young farmer from district Pakpattan of southern Punjab. He was an elected member of the district council 2016-18. Prior to joining his family farming business, Hayat Farms, he studied politics and journalism at Bahauddin Zakaria
Updated 13 Apr, 2020 03:48am

Motorsport great Moss dies aged 90

Motorsport great Stirling Moss has died aged 90 following a long illness, the British driver's wife announced Sunday.
Published 13 Apr, 2020 12:00am

Tourists forced to write 'sorry' 500 times over India lockdown breach

Ten foreigners who broke a coronavirus lockdown in an Indian town made famous by the Beatles, were forced to repent by writing "I am so sorry" - 500 times, officials said Sunday.
Published 13 Apr, 2020 12:00am

Sri Lanka makes cremations compulsory for virus deaths, angering Muslims

Sri Lanka made cremations compulsory for coronavirus victims on Sunday, ignoring protests from the country's minority Muslims who say it goes against Islamic tradition.
Published 13 Apr, 2020 12:00am

China toughens restrictions on border with Russia

Chinese cities near the border with Russia said on Sunday they would tighten border controls and quarantine measures on arrivals from abroad after the number of imported cases of COVID-19 hit a record high.
Published 13 Apr, 2020 12:00am

Lawyer says Assange fathered two kids with her while in Ecuador embassy

WikiLeaks founder Julian Assange fathered two children with one of his lawyers while holed up in Ecuador's embassy in London for much of the past decade, according to a report Sunday confirmed by the mother.
Published 13 Apr, 2020 12:00am

China chasing coronavirus praise from Germany

Chinese representatives tried to influence German government officials to give positive comments about Beijing's management of the coronavirus outbreak, Germany's Die Welt newspaper reported Sunday.
Published 13 Apr, 2020 12:00am

IT & Computers
Japanese PM criticised as tone deaf after lounge-at-home Twitter video

Japanese Prime Minister Shinzo Abe on Sunday drew an angry response from some Twitter users after sharing a video of himself lounging on a sofa with his dog, drinking tea and reading, with a message telling people to stay at home. "Who do you think you ar
Published 13 Apr, 2020 12:00am

Global Business Economy
China's US envoy says trade deal being implemented, hopes for coordinated response

China is still implementing the first phase of a Sino-US trade pact, its ambassador to the United States said, but hoped the two could work together to assess the changing situation and coordinate their response, the Global Times said on Sunday.
Published 13 Apr, 2020 12:00am

Global Business Economy
Rising unemployment from virus fight threatens China's poverty targets

Although China is claiming success in its battle against the coronavirus, millions have lost their jobs in the economic fallout, throwing into jeopardy an ambitious target to eradicate poverty this year.
Published 13 Apr, 2020 12:00am

Global Business Economy
Canadian lawmakers approve vast economic aid plan

Canadian lawmakers passed a wage subsidy program Saturday heralded as the largest economic measure in the country since World War II, to help businesses and their employees get through the coronavirus crisis.
Published 13 Apr, 2020 12:00am

Global Business Economy
Wet markets in Wuhan struggle to survive coronavirus blow

Fish and vegetable merchants are reopening stalls at wet markets in China's central city of Wuhan as it lifts a months-long lockdown against the coronavirus pandemic, but their future looks uncertain with few customers as the virus stigma persists.
Published 13 Apr, 2020 12:00am

Stocks
JPMorgan Chase to raise mortgage borrowing standards

JPMorgan Chase & Co, the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption.
Published 13 Apr, 2020 12:00am

Money & Banking
US banks prepare to seize energy assets as shale boom goes bust

Major US lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on loans to energy companies that may go bankrupt, sources aware of the plans told Reuters.
Published 13 Apr, 2020 12:00am

Money & Banking
Turkey calls on private banks to do more to help fight coronavirus

Turkey called on private banks on Sunday to do more to help customers hurt by the economic impact of the coronavirus, saying that state-owned banks had offered delays in repayments for loans.
Published 13 Apr, 2020 12:00am

Global Business Economy
US airlines want Treasury to scrap proposal to make some grant money repayable

Major US airlines were urging Treasury officials and the federal government's outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the for
Published 13 Apr, 2020 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 13 Apr, 2020 12:00am

The Weather

The weather report on Sunday (April 12, 2020) and the forecast for Monday (April 13, 2020).

Published 13 Apr, 2020 12:00am

Rates
Returns on Profit and Loss Sharing Investment Bank Accounts (July to December 2019)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 13 Apr, 2020 12:00am

Rates
Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 6 to 10, 2020).

Published 13 Apr, 2020 12:00am

Previous Day

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

153.63

USD to Swiss Franc / Dec 18

0.89

Pound Sterling to USD / Dec 18

1.27

Euro to USD / Dec 18

1.05

Stock Volume

S&P 500 / Dec 17

6,050.61

Nasdaq / Dec 17

20,109.06

Dow Jones / Dec 17

43,449.90

India Sensex / Dec 18

80,231.76

Tokyo Nikkei / Dec 18

39,081.71

Hang Seng / Dec 18

19,857.31

FTSE 100 / Dec 18

8,222.99

Germany DAX 30 / Dec 18

20,267.35

Item Value

Gold 10 Grams PKR / Dec 17

241,860

Petrol/Litre / Dec 18

252.10

Crude Oil USD/Barrel / Dec 18

70.43

Karachi Cotton PKR/37.32 KG / Dec 18

17,585

Gold Spot USD/Ounce / Dec 18

2,644.54

Diesel/Litre / Dec 18

255.38

Gainers
Losers
Leaders

Stock Price

LSE Capital / Dec 18

LSE Capital Limited(LSECL)

6.70

▲ 1.00 (17.54%)

S.G.Power / Dec 18

S.G. Power Limited(SGPL)

9.17

▲ 1.00 (12.24%)

Faran Sugar (R) / Dec 18

Faran Sugar Mills Limited (R)(FRSMR)

9.43

▲ 1.00 (11.86%)

Gulshan Sp. / Dec 18

Gulshan Spinning Mills Limited(GSPM)

4.47

▲ 0.42 (10.37%)

Aisha Steel Mill / Dec 18

Aisha Steel Mills Limited(ASL)

11.06

▲ 1.01 (10.05%)

Oilboy Energy / Dec 18

Oilboy Energy Limited(OBOY)

11.50

▲ 1.05 (10.05%)

Suhail Jute / Dec 18

Suhail Jute Mills Limited(SUHJ)

61.55

▲ 5.60 (10.01%)

Attock Cement / Dec 18

Attock Cement Pakistan Limited(ACPL)

259.27

▲ 23.57 (10.00%)

AL-Ghazi Tractors / Dec 18

Al-Ghazi Tractors Limited(AGTL)

564.23

▲ 51.29 (10.00%)

Stock Price

National Bank / Dec 18

National Bank of Pakistan(NBP)

66.38

▼ -7.38 (-10.01%)

First Imrooz Mod. / Dec 18

First Imrooz Modaraba(FIMM)

180.01

▼ -19.99 (-10.00%)

Imperial Limited / Dec 18

Imperial Limited(IML)

20.16

▼ -2.24 (-10.00%)

J.A.Textile / Dec 18

J.A. Textile Mills Limited(JATM)

44.37

▼ -4.93 (-10.00%)

Macter Int. Ltd / Dec 18

Macter International Limited(MACTER)

331.40

▼ -36.82 (-10.00%)

Mari Petroleum / Dec 18

Mari Petroleum Company Limited(MARI)

728.78

▼ -80.98 (-10.00%)

Synthetic Prod / Dec 18

Synthetic Products Enterprises Limited(SPEL)

45.89

▼ -5.10 (-10.00%)

Biafo Ind. / Dec 18

Biafo Industries Limited(BIFO)

198.85

▼ -22.08 (-9.99%)

Bilal Fibres / Dec 18

Bilal Fibres Limited(BILF)

12.61

▼ -1.40 (-9.99%)

Stock Volume

WorldCall Telecom / Dec 18

Worldcall Telecom Limited(WTL)

151,921,663

▼ -0.15

Pak Elektron / Dec 18

Pak Elektron Limited(PAEL)

107,502,606

▲ 0.34

Cnergyico PK / Dec 18

Cnergyico PK Limited(CNERGY)

67,234,901

▼ -0.51

B.O.Punjab / Dec 18

The Bank of Punjab(BOP)

60,136,151

▲ 0.13

Pak Refinery / Dec 18

Pakistan Refinery Limited(PRL)

55,973,468

▼ -1.00

K-Electric Ltd. / Dec 18

K-Electric Limited(KEL)

46,669,770

▼ -0.33

Sui South Gas / Dec 18

Sui Southern Gas Company Limited(SSGC)

42,923,281

▲ 1.67

PIA Holding Co.Ltd / Dec 18

PIA Holding Company Limited(PIAHCLA)

36,897,118

▼ -0.46

Aisha Steel Mill / Dec 18

Aisha Steel Mills Limited(ASL)

36,858,206

▲ 1.01

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NJLI Sarmaya Growth Fund Rates

Selling pressure returns, KSE-100 plunges 3,790 points on profit-taking

Interest rate cut to help stimulate economic growth: PM

PSX record rally: more Pakistani companies join billion-dollar club

Tax rates can be reduced if revenue generated effectively: FBR chief

Pakistan records massive $729mn current account surplus in November 2024

Target set for attaining 50/100 Mbps broadband speed

OGDC considers disconnecting CPPs next month

Ogra recommends significant hike in gas prices

NJLI Sarmaya Growth Fund Rates

Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’

PSX record rally: more Pakistani companies join billion-dollar club

PIA sell-off: Govt will have to own Rs800bn in liabilities: Asif

Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13%

Pakistan records massive $729mn current account surplus in November 2024

Selling pressure at PSX, KSE-100 settles just below 115,000

Solar panels free of charge: Provincial govts’ move leaves policymakers scrambling

Rs1.8m GST cuts on services: FBR and top CA firm at loggerheads

Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13%

NJLI Sarmaya Growth Fund Rates

PSX record rally: more Pakistani companies join billion-dollar club

Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’

Invest, but not for profit

Pakistan records massive $729mn current account surplus in November 2024

PIA sell-off: Govt will have to own Rs800bn in liabilities: Asif

OGDCL revives heavy oil well in Punjab, enhances production capacity

Interview with Usman Asif, Chief Executive Officer, Devsinc

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