Trends - S M Tanveer - Business Recorder

S M Tanveer

Tanveer advocates 500 basis points cut in policy rate

LAHORE: S M Tanveer, Patron-in-Chief UBG-BMPP, has urged the government to support economic growth by reducing ...

Published 14 Dec, 2024 06:46am

Business & Finance

Business community: FPCCI demands revoking of FIRs filed by FBR

KARACHI: The Federation of Pakistan Chamber of Commerce has demanded that the FIRs filed by the Federal Board of...

Published 26 Oct, 2024 07:02am

Business & Finance

Proposed mini-budget rejected: Govt urged to slash power rates by 9pc

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's top officials, Zakki Ejaz and SM Tanveer,...

Published 18 Oct, 2024 07:43am

Business & Finance

Power sector’s transactions: FPCCI calls for thorough forensic audit of CPPA-G

LAHORE: S M Tanveer, Patron-in-Chief of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI-UBG),...

Published 04 Oct, 2024 06:46am

Business & Finance

APTMA says business leadership can turn country into an ‘economic power’

LAHORE: While stressing the unity of the business community, Patron-in-Chief Aptma Dr Gohar Ejaz has said that the...

Published 11 Sep, 2024 06:31am

Business & Finance

Business leader for 10pc cut in policy rate

KARACHI: Pakistan’s renowned industrialist and United Business Group (UBG) leader, Farhan Hanif, has urged the...

Published 10 Sep, 2024 06:32am

Business & Finance

UBG demands cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have demanded the government to reduce interest rates by 4 to 5...

Published 10 Sep, 2024 06:32am

Business & Finance

FPCCI seeks 400bps cut in interest rate

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government and ...

Updated 07 Sep, 2024 09:00am

Business & Finance

FPCCI urges govt to cut interest rate to 12pc

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government to reduce...

Published 03 Sep, 2024 07:43am

Markets

Business leaders for swift resolution of IPPs issue

LAHORE: Business leaders call for swift resolution of IPPs issue, citing severe impact on industrialization and...

Published 17 Aug, 2024 07:47am

Business & Finance

Investment in Pakistan: Govt urged to collaborate with FPCCI

LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a...

Published 16 Aug, 2024 06:56am

Pakistan

78th Independence Day: FPCCI holds flag-hoisting ceremony

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) organized a flag-hoisting ceremony and...

Published 14 Aug, 2024 07:51am

Business & Finance

FPCCI urges govt to review agreements with IPPs

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the federal government to...

Updated 16 Jul, 2024 01:03pm

Markets

Tanveer urges Aurangzeb to reduce power tariff

LAHORE: Patron-in-Chief United Business Group (UBG) S M Tanveer has demanded Federal Finance Minister Senator...

Published 09 Jul, 2024 06:22am

Markets

Tanveer urges govt to annul agreements with IPPs forthwith

LAHORE: Patron-in-Chief United Business Group (UBG), S M Tanveer, has strongly urged the federal government to ...

Published 04 Jul, 2024 05:47am

Business & Finance

UBG hails President Raisi’s visit

KARACHI: The leaders of United Business Group (UBG) S M Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar, Mazher A...

Published 24 Apr, 2024 03:50am

Business & Finance

UBG for initiating CPEC’s second phase through launch of five SEZs

KARACHI: Leaders of United Business Group (UBG) S M Tanveer, Chief Patron, Zubair Tufail, President, Khalid Tawab,...

Published 06 Apr, 2024 05:28am

Pakistan

Govt urged to promote corporate farming

KARACHI: Leadership of United Business Group (UBG) has underscored the critical importance of corporate farming as a...

Published 27 Mar, 2024 04:38am

Pakistan

Battle against terrorism: UBG leadership expresses solidarity with Army

KARACHI: The leadership of the United Business Group (UBG), including Chief Petron S M Tanveer, President Zubair...

Published 20 Mar, 2024 03:00am

Pakistan

Punjab Agri Strategic Plan (2024-34): recommendations submitted

LAHORE: Punjab Agriculture Strategic Plan (2024-34) recommendations were submitted in the third meeting of the plan...

Published 17 Jan, 2024 06:02am

Business & Finance

UBG will surely address key challenges facing business community: Tanveer

LAHORE: Patron-in-Chief United Business Group S M Tanveer has said that the United Business Group (UBG) has secured...

Updated 01 Jan, 2024 06:59am

Markets

Sugar crushing season to start on 20th: Punjab fixes wheat support price at Rs4,000 per maund

LAHORE: The Punjab government has fixed the support price of wheat for the ongoing season at Rs 4000 per maund while...

Published 09 Nov, 2023 05:38am

Pakistan

PPPPA approves initiation of three projects

LAHORE: The executive committee of the Punjab Public Private Partnership Authority (PPPPA) on Wednesday approved the...

Published 02 Nov, 2023 03:16am

Markets

Edible oil: Centre, Punjab discuss plans aimed at reducing import expenditure

LAHORE: An important meeting of both the federation and the Punjab province held on Friday to focus on strategies to...

Published 07 Oct, 2023 06:01am

Business & Finance

KATI calls for united efforts to overcome economic crisis

KARACHI: Notable figures including S M Tanveer, Patron-in-Chief of Korangi Association of Trade and Industry (KATI)...

Published 30 Aug, 2023 03:33am

Business & Finance

‘Business support cell established at CM’s office’

LAHORE: Caretaker Punjab Industries and Commerce Minister S M Tanveer said that a business support cell has also ...

Published 18 Aug, 2023 05:42am

Pakistan

Ministers praise CM for ‘people-friendly’ budget

LAHORE: The caretaker provincial ministers have welcomed the budget presented for the first 4 months of the new...

Published 20 Jun, 2023 03:16am

Pakistan

Call to resolve long-lasting issues of Karachi immediately

KARACHI: S M Tanveer, UBG patron-in-chief and the Punjab Minister of Commerce, Industry pointed out that Karachi...

Published 09 Jun, 2023 06:20am

Business & Finance

Industrial estate: minister says PIEMDC has identified 4 places, asks ICCI to choose one

ISLAMABAD: Punjab’s Industry and Commerce Minister S M Tanveer said that on his instructions, Punjab Industrial...

Published 18 May, 2023 06:10am

Pakistan

PIAF concerned over minister’s involvement in trade politics

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Friday expressed its serious concern over...

Published 13 May, 2023 05:59am

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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S M Tanveer

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