Trends - PSEB - Business Recorder

PSEB

Registeration of VPNs: deadline extension likely

ISLAMABAD: The government is likely to extend the deadline for registering virtual private networks (VPNs) till end...

Updated 30 Nov, 2024 02:32pm

PTA streamlines VPN registration process

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has streamlined the VPN registration process for...

Updated 17 Nov, 2024 09:42am

Business & Finance

Pak-US Tech Investment Conference held: CBD Punjab highlights investment potential in IT sector

LAHORE: At the landmark Pakistan-US Tech Investment Conference held at Stanford University, CEO CBD Punjab Imran ...

Published 15 Nov, 2024 06:20am

Technology

Pakistan’s tech sector reaps huge returns at GITEX, Dubai: PSEB acting CEO

DUBAI: Pakistan Software Export Board (PSEB) Acting CEO Zeeshan Khattak said the country’s tech companies are...

Published 16 Oct, 2024 06:58am

Technology

PSEB: Capacity-building ordered

ISLAMABAD: Minister of State for IT and Telecommunications Shaza Fatima Khawaja has directed the management of...

Published 10 Oct, 2024 03:03am

Pakistan

Pakistan govt begins VPN registration amid internet services disruption

Expert says on days when services are blocked (election day, Muharram, etc) those with registered VPNs will not be impacted

Updated 30 Aug, 2024 11:30pm

Pakistan

Visa and travel: S Arabia will facilitate Pakistani tech cos: envoy

ISLAMABAD: Ambassador of the Kingdom of Saudi Arabia to Pakistan Nawaf bin Saeed Ahmad Al-Malkiy assured to support...

Published 26 Jul, 2024 07:50am

Business & Finance

July-May IT, ITeS remittances up 23pc to $2.9bn YoY

ISLAMABAD: Information technology (IT) and IT-enabled services (ITeS) export remittances comprising computer ...

Published 22 Jun, 2024 06:47am

Business & Finance

Jul-Apr ITeS export remittances rise 21pc YoY

ISLAMABAD: IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre ...

Published 18 May, 2024 05:45am

Business & Finance

CBD, PSEB to establish ‘Nawaz Sharif IT City’

LAHORE: Punjab Central Business District Development Authority (PCBDDA) and the Pakistan Software Export Board ...

Published 21 Apr, 2024 04:10am

Technology

24th ITCN Asia 2024: Zohaib highlights IT, ITeS investment prospects

ISLAMABAD: The country is expecting leads and Memorandums of Understanding (MoUs) worth around $500 million in IT ...

Published 18 Apr, 2024 03:24am

Opinion

Freelancer tax exemptions killing IT export corporate sector?

Just like IT export businesses, Pakistan also gives tax exemptions to freelancers on their export income. However,...

Updated 20 Mar, 2024 04:11am

Business & Finance

LEAP 2024 Riyadh: IT industry represented by 74 cos, 800 delegates

ISLAMABAD: Pakistan’s IT industry has been represented by 74 companies and 800 delegates at LEAP 2024 in Riyadh,...

Published 07 Mar, 2024 04:59am

Business & Finance

‘IT exports rise 32pc in 60 days’ due to SIFC’s decisions: minister

LAHORE: Caretaker Federal Information Technology and Telecommunications (MoITT) Minister Dr Umar Saif said due to...

Published 14 Feb, 2024 02:34am

Technology

All set for ‘Pakistan Mobile Summit’

ISLAMABAD: Pakistan Mobile Summit, the first all-encompassing mobile conference in Pakistan, is set to take place on...

Published 26 Jan, 2024 04:58am

First-ever IT and ITeS export strategy unveiled

Caretaker Federal Minister for Information Technology and Telecommunications says country has the potential of increasing the exports to $12-15 billion

Updated 24 Nov, 2023 10:11am

Opinion

Development of Special Technology Zones

Software development and IT-enabled services (ITeS) for data centres, technical service/call centres, and telecom...

Updated 08 Nov, 2023 06:30am

Technology

AI & Big Data Expo Europe: Pakistan embassy in The Hague sets up ‘Tech Destination Pakistan’ pavilion

ISLAMABAD: Embassy of Pakistan, the Hague in collaboration with the Pakistan Software Export Board (PSEB) and Trade...

Published 22 Oct, 2023 03:20am

Telecom industry: Govt to bring power tariff at par with other industries

ISLAMABAD: The caretaker federal government has decided to bring the power tariff of the Telecom Industry at par ...

Updated 10 Sep, 2023 09:44am

Technology

23rd ITCN Asia begins today

KARACHI: The 23rd edition of ITCN Asia will be held from August 31 to September 02 in Karachi at the Expo Centre....

Published 31 Aug, 2023 06:00am

Business & Finance

ITCN Asia estimated to attract $100m business deals

KARACHI: ITCN Asia, the flagship business event of Pakistan’s IT and Telecom industry, is estimated to record...

Published 29 Aug, 2023 06:01am

Business & Finance

June ITeS export remittances decline 5pc to $214m MoM

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by around five percent on a...

Published 19 Aug, 2023 06:36am

Pakistan

‘National Freelancing Policy’ drafted

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Freelancing...

Published 14 Jul, 2023 06:23am

Business & Finance

ITeS export remittances decline 1pc in 11 months

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by one percent during the ...

Published 21 Jun, 2023 05:21am

Business & Finance

PSEB bars ministries, PSEs from engaging with particular IT firm

ISLAMABAD: Pakistan Software Export Board (PSEB) Limited, an arm of Ministry of Information Technology and Telecom,...

Published 20 Jun, 2023 03:16am

IT exporters, freelancers: 35pc of export proceeds can be retained in special forex accounts: SBP

KARACHI: In order to facilitate IT companies and freelancers, the State Bank of Pakistan (SBP) has extended...

Updated 08 Jun, 2023 09:27am

Technology

USF policy body approves Rs4.3bn for Q4

ISLAMABAD: The Universal Service Fund (USF) Policy Committee, on Tuesday, approved the release of Rs4.370 billion to...

Published 24 May, 2023 05:57am

Jul-Apr ITeS export remittances down 3pc to $2.133bn YoY

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by three percent during the...

Updated 18 May, 2023 09:32am

Business & Finance

35pc retention of remittances in FCY accounts: SBP to coordinate to help resolve banking matters

ISLAMABAD: The State Bank of Pakistan (SBP) will coordinate to engage commercial bank representatives with the...

Published 13 May, 2023 05:59am

Business & Finance

SBP orders dealers to facilitate IT, ITeS exporters

ISLAMABAD: The State Bank of Pakistan has directed authorised dealers to swiftly facilitate IT and ITeS exporters,...

Published 31 Jan, 2023 06:01am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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