Trends - IT sectors - Business Recorder

IT sectors

‘Backbone of economy’

EDITORIAL: Finance Minister Muhammad Aurangzeb’s customary reference to agriculture and IT as “the backbone of our...

Published 22 Sep, 2024 02:47am

Perspectives

The pandemic boosted Pakistan’s freelancers, now internet disruptions are threatening their well-being

As COVID-19 reshaped the world, Pakistan’s freelance economy didn’t remain immune to change. It evolved and did so...

Published 09 Sep, 2024 08:31pm

Pakistan

Aurangzeb engages with J.P. Morgan on investment opportunities in Pakistan

High-level huddle discusses interests of institutional investors exploring fixed-income investment opportunities in Pakistan

Updated 04 Sep, 2024 09:18pm

Business & Finance

Experts call for policy continuation for IT, other sectors

KARACHI: Experts urged the government and stakeholders to maintain the continuation of policies for IT and other...

Updated 30 Aug, 2024 07:53am

Renewable energy, IT sectors: Dar invites Swiss investment

ISLAMABAD: Foreign Minister Ishaq Dar on Thursday invited Swiss companies to invest in Pakistan, particularly in the...

Updated 10 May, 2024 09:01am

Business & Finance

Promotion of IT sector key to achieving economic development: governor

LAHORE: The role of information technology is important in today’s world as it increases the employment...

Published 31 Jan, 2024 05:22am

Pakistan

Caretaker govt formally launches ‘Pakistan Startup Fund’

Will aim to invest up to Rs2bn a year in startups

Updated 09 Jan, 2024 10:26pm

Pakistan

Govt experience exchange plan: Pakistan, UAE to sign MoU

ISLAMABAD: Pakistan will enter into a MoU with the UAE government for digital Government Experience Exchange...

Published 03 Jan, 2024 05:32am

Business & Finance

UBG demands waiver of freight tax

KARACHI: The chairman of United Business Group (UBG), Shahzad Malik, has complimented the FBR team for compiling an...

Published 19 Jun, 2023 06:55am

Technology

Economic Survey 2022-23: Pakistan ‘ranks second most financially attractive location for outsourcing IT services’

In a first, government includes IT and telecommunication sectors in the document

Published 08 Jun, 2023 07:53pm

Budget proposals: PM chairs meeting on IT, telecom sectors

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on budget proposals regarding IT and telecom...

Updated 07 Jun, 2023 09:07am

PM forms body to activate STZA

ISLAMABAD: Prime Minister Shehbaz Sharif has formed a committee to activate the Special Technology Zones Authority...

Updated 09 Feb, 2023 08:44am

Business & Finance

PM urges UAE businessmen to exploit immense scope in Pakistan

ISLAMABAD: Prime Minister Shehbaz Sharif has urged the businessmen of the United Arab Emirates to utilise the ...

Published 21 Jan, 2023 06:15am

Special foreign currency accounts: SBP allows IT exporters to retain 35pc of proceeds

KARACHI: In order to encourage IT companies and freelancers to bring their foreign exchange earnings into the...

Updated 14 Jan, 2023 04:29pm

IT exports: PM voices dissatisfaction

ISLAMABAD: Prime Minister Shehbaz Sharif has been informed that the Federal Board of Revenue (FBR) has established...

Updated 24 Dec, 2022 10:02am

Business & Finance

Contribution of digital, IT sectors to GDP estimated at 13pc by 2025

ISLAMABAD: The Ministry of Information Technology and Telecommunication has estimated that the contribution of...

Published 14 Sep, 2022 04:45am

Business & Finance

Automobile, IT and renewable energy sectors: Norway offers expertise to businessmen

LAHORE: Ambassador of Norway Per Albert Ilsaas has offered Pakistan to take advantage of their expertise in...

Published 22 Aug, 2022 06:33am

Editorials

IT sector concerns

EDITORIAL: It’s very important to digest some IT (Information Technology) sector statistics before understanding...

Published 05 Aug, 2022 06:27am

Pakistan

IT sector: Minister asks experts to work for holistic development

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed the Information...

Published 27 Jul, 2022 07:44am

Pakistan

MoITT, PITB discuss strategies for various IT sector initiatives

ISLAMABAD: Federal Minister for Information Technology and Telecommunication Syed Aminul Haque, Friday, presided ...

Published 03 Jul, 2022 07:10am

Business & Finance

SECP strikes down 3,000 inactive cos

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has struck off 3,000 inactive companies from ...

Published 23 Mar, 2022 04:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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IT sectors

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