Trends - SCA - Business Recorder

SCA

SC dismisses LHC’s verdict regarding election tribunals

ISLAMABAD: The Supreme Court set aside the Lahore High Court (LHC)’s judgment and the notification issued by it ...

Published 01 Oct, 2024 06:49am

Pakistan

No arbitrary relief without constitutional power, rules SC

ISLAMABAD: The Supreme Court has ruled that no court has the jurisdiction to grant arbitrary relief without the...

Published 29 Aug, 2024 06:53am

SCA approaches PM against rising tractor prices

ISLAMABAD: Sindh Chamber of Agriculture (SCA) has approached Prime Minister Shehbaz Sharif against abnormal increase...

Updated 19 Aug, 2024 09:33am

Thar coal: S. African lab results quite encouraging: DG SCA

KARACHI: Thar indigenous coal is viable to be converted into gas, liquid as well as urea, as final report of samples...

Updated 28 Oct, 2023 09:08am

Opinion

Taxing work and subsidising non-work

Turns out that there’s a Salaried Class Alliance (SCA), based in Karachi, which describes itself as a...

Updated 27 Jul, 2023 07:00am

World

Suez Canal records highest ever annual revenue of $7bn

CAIRO: Egypt’s Suez Canal Authority announced Monday an all-time revenue record, earning $7 billion during the ...

Published 05 Jul, 2022 05:19am

Technology

What Pakistan can learn as Dubai races to become cryptocurrency ‘hub’

KARACHI: Cryptocurrencies are gaining popularity the world over among both investors and governments. El Salvador...

Updated 30 Nov, 2021 05:24pm

Business & Finance

Record revenues flow from Suez despite megaship blockage

CAIRO: The Suez Canal netted Egypt a record $5.84 billion in the last tax year, its chief said Sunday, despite the...

Published 12 Jul, 2021 05:26am

World

Suez Canal Authority says door still open to negotiation with container ship owner

The Ever Given, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both directions and disrupting global trade.
On Sunday the court rejected a claim by Shoei Kisen, the Japanese owners of the vessel, to have the vessel released from detention.

Published 25 May, 2021 05:54pm

Suez Canal starts dredging work to extend double lane

CAIRO: The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way...

Published 16 May, 2021 04:26am

World

Suez Canal starts dredging work to extend double lane

The SCA announced this week that it was planning to extend a second canal lane that opened in 2015 by 10 km to make it 82 km long, and would widen and deepen a single lane stretch at the southern end of the canal.
The work had begun following directives from Egyptian President Abdel Fattah al-Sisi "to immediately start implementing the proposed development plan and put in place a timetable for completion as soon as possible".

Updated 15 May, 2021 07:06pm

Business & Finance

Fitch Ratings gets UAE regulator license

The license, effective as of April 6, allows Fitch to provide credit ratings for "onshore" entities listed in SCA-controlled stock exchanges, including the Dubai Financial Market and Abu Dhabi Securities Exchange, Fitch said in a statement.

Published 14 Apr, 2021 05:52pm

Business & Finance

Suez Canal shipping backlog ends, days after giant vessel freed

The last 61 ships, out of 422 ships that were queuing when the vessel was dislodged on Monday, passed through the vital trade artery on Saturday, the Suez Canal Authority (SCA) said.
- In total, 85 ships had been due to pass through the canal on Saturday including 24 ships that arrived after Ever Given was dislodged, the SCA said.

Published 03 Apr, 2021 06:24pm

World

Sisi promises investment to avoid another Suez closure

ISMAILIA, (Egypt): Egyptian President Abdel Fattah al-Sisi pledged Tuesday investment to avoid any repetition of the...

Updated 31 Mar, 2021 10:15am

World

Egypt's Sisi promises investment to avoid Suez closure repeat

Sisi claimed "success" in the operation after the stern was freed, several hours before the bow of the ship was finally dislodged.

Published 30 Mar, 2021 07:07pm

World

Salvager hopes to free ship blocking Suez Canal by start of next week

Giant container ship stranded since Tuesday.
Dredgers and tug boats deployed to dislodge it.
Blockage disrupting global shipping, supply chains.

Published 27 Mar, 2021 05:56pm

Business & Finance

Race to dislodge Suez blockage as shipping rates surge, tankers diverted away

More than 30 oil tankers wait to traverse canal –Refinitiv.
Bigger impact on oil products markets –analysts.
Several LNG tankers diverted –shipbroker.
Ship owner denies aims to free vessel by Saturday night.

Published 26 Mar, 2021 05:48pm

World

Egypt battles to refloat ship blocking Suez Canal as queues build

Historic sections of the canal were reopened in a bid to ease the bottleneck, with dozens of ships waiting at both ends of the waterway.

Published 25 Mar, 2021 01:17pm

Markets

UAE listed companies must have at least one female board member

The move, an amendment of a previous decision by the authority's board, is "in the context of keenness to empower Emirati women and encourage them to play a greater role in the boards of directors of listed companies," the SCA said in a statement on Sunday.

Updated 15 Mar, 2021 09:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

Markets →

Budget 2024-25: income tax calculator for FY25

SCA

Most Popular