Trends - UBG - Business Recorder

UBG

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

‘Youth’s future is bright as economic condition improving’

KARACHI: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) has assured the youth of Pakistan that they...

Published 10 Dec, 2024 06:13am

Business & Finance

UBG demands 500bps policy rate cut

KARACHI: United Business Group (UBG) Patron-in-Chief SM Tanveer has urged the government to reduce the policy rate ...

Published 04 Dec, 2024 03:14am

Business & Finance

UBG raises questions over govt’s power relief ‘winter package’

KARACHI: S M Tanveer, patron-in-chief of the United Business Group (UBG) has raised questions regarding the...

Published 27 Nov, 2024 08:09am

Business & Finance

‘FPCCI actively working to enhance representation of women entrepreneurs’

KARACHI: Acting President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Qurat-ul-Ain ...

Published 15 Nov, 2024 06:20am

Business & Finance

UBG urges chambers to highlight issues of economic challenges

KARACHI: Patron-in-chief of the United Business Group (UBG) and former caretaker Provincial Minister for Industry ...

Published 14 Nov, 2024 06:33am

Business & Finance

Govt urged to announce ‘winter package’ for industries

LAHORE: SM Tanveer, Patron-in-Chief, United Business Group (FPCCI-UBG) has appealed to the government to announce a...

Published 07 Nov, 2024 06:16am

Business & Finance

FPCCI-UBG leader welcomes 2.5% cut in interest rates; hopes single digit

LAHORE: While welcoming the 2.5 percentage point reduction in interest rates in the Monetary Policy Statement (MPS),...

Published 05 Nov, 2024 03:30am

Business & Finance

Business leaders demand cut in interest rates

KARACHI: President of the United Business Group (UBG), Zubair F Tufail, former Senior Vice President of FPCCI Mazhar...

Published 03 Nov, 2024 06:34am

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

UBG lauds signing of two accords with Malaysia to boost economic ties

KARACHI: United Business Group (UBG) President Zubair Tufail, other members including Khalid Tawab, Hanif Gohar, ...

Published 23 Oct, 2024 06:22am

Business & Finance

Business leaders hail govt on successful SCO summit

KARACHI: The United Business Group (UBG) warmly congratulates the Government of Pakistan on the resounding success ...

Published 20 Oct, 2024 05:51am

Business & Finance

Govt praised for terminating contracts with five IPPs

KARACHI: Malik Khuda Bakhsh, Convener of FPCCI’s Standing Committee on Energy, and central member of the UBG Core...

Published 13 Oct, 2024 06:46am

Business & Finance

UBG chief says SCO summit to boost trade, investment inflows

KARACHI: President United Business Group (UBG) Zubair Tufail, other leaders Khalid Tawab, Hanif Gohar, and Syed...

Published 13 Oct, 2024 06:46am

Business & Finance

Various sectors: ‘KSA team visit aims to boost trade & investments’

KARACHI: President United Business Group (UBG) Zubair Tufail, Chairman (Sindh) Khalid Tawab, other leaders Hanif...

Published 12 Oct, 2024 07:36am

Business & Finance

IMF loan not sufficient to overcome challenges: UBG patron-in-chief

HYDERABAD: SM Tanveer, Patron in chief of the United Businessmen Group (UBG), stated that Pakistan has entered into ...

Published 06 Oct, 2024 02:44am

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

Tax return filing: UBG for one-month extension in deadline

KARACHI: The United Business Group (UBG) has appealed to the Federal Board of Revenue (FBR) to extend the income tax...

Published 01 Oct, 2024 06:49am

Business & Finance

UBG Patron-in-Chief advocates reduction in electricity tariffs

KARACHI: SM Tanveer, Patron-in-Chief of the United Business Group (UBG), emphasized that to save the country,...

Published 29 Sep, 2024 02:46am

Business & Finance

President UBG appreciates approval of $7bn package by IMF

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has described the approval of a $7 billion...

Published 28 Sep, 2024 07:16am

Business & Finance

Govt urged to facilitate traders after successful IMF talks

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

Published 27 Sep, 2024 07:21am

Business & Finance

UBG seeks more 3pc cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have criticised the State Bank’s mere 2% reduction in the interest...

Published 14 Sep, 2024 06:45am

Opinion

Factory shutdowns

A week ago, I was invited by the leadership of the Faisalabad Chamber of Commerce and Industry to their city to stir...

Published 10 Sep, 2024 06:32am

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

UBG for cut in interest rates in upcoming monetary policy

KARACHI Syed Mazhar Ali Nasir, Vice Chairman UBG Sindh Region has appealed to the government and the State Bank of...

Published 07 Sep, 2024 06:59am

Business & Finance

Businessmen assail poor state of Karachi’s infrastructure

KARACHI: Leaders of the United Business Group (UBG) President Zubair Tufail, Chairman Sindh Zone Khalid Tawab,...

Published 06 Sep, 2024 07:04am

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

Opinion

The govt-owned IPPs

The country’s installed power generation capacity stands at 45,885 megawatts, with a notable divide between public...

Published 22 Aug, 2024 06:58am

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 23	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

Markets →

Budget 2024-25: income tax calculator for FY25

UBG

Most Popular