News stories for Shahab Jafry - Business Recorder

Shahab Jafry

Opinion

Only Gaza will decide about its future

Now is the time, with a four-day truce in place, to listen to the resistance in Gaza about a solution to the ...

Published 23 Nov, 2023 03:19am

Opinion

In extremis, anything is possible!

Oh hush hush, ummah’s leaders, lest you wake. Heads of Muslim states, from rich Arab princes and kings to ...

Updated 16 Nov, 2023 06:07am

Opinion

Horrors of Yemen, the forgotten war

This week’s column is an embarrassed response to a riveting reader’s comment from last week, where I lamented...

Published 09 Nov, 2023 05:38am

Opinion

On the table, getting carved

Israel’s success in bulldozing all attempts of international mediation in the Gaza conflict (thank you Uncle Sam)...

Published 02 Nov, 2023 03:16am

Opinion

Markets roll back fears of big ground invasion

A recent Bloomberg report notes: Asked on Friday whether Israel should delay the ground operation, President Joe...

Updated 26 Oct, 2023 06:34am

Opinion

War and change in the Middle East

Once again war is poised to shake the political calculus of the Middle East. For, it’s always war, never peace...

Updated 12 Oct, 2023 06:34am

Opinion

Bond vigilantes and inversion anxiety

One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all...

Updated 05 Oct, 2023 06:45am

Opinion

Quintessential Riyal Politik

Saudi crown prince and de facto ruler Mohammad bin Salman’s recent interview to Fox TV was a classing exercise in...

Published 28 Sep, 2023 05:33am

Opinion

Only and only elections…

Here’s a scenario. The president doubles down on his deadline for the election, the supreme court agrees that it...

Published 21 Sep, 2023 06:08am

Opinion

Army and the rupee

An old Indian friend, editor of an international newspaper in the Gulf, asked last week if it was alright to run a...

Updated 14 Sep, 2023 06:28am

Opinion

Bad news for Asian FX, esp PKR

Pakistani monetary authorities can only count their sorrows as King Dollar’s unrelenting advance pushes Asian...

Published 07 Sep, 2023 06:21am

Opinion

It begins…

Why do you think the only thing to come out of emergency cabinet meetings – to do something about these protests...

Published 31 Aug, 2023 06:00am

Opinion

He said, she said…

How hard is all this to untangle, really? The president says he told his staff to return the Official Secrets...

Updated 24 Aug, 2023 06:47am

Opinion

Return to the gold standard?

Mr Market remembers mid-August as the time when, on 15 August 1971, US President Richard Nixon interrupted the hit ...

Published 17 Aug, 2023 03:49am

Opinion

Path of maximum uncertainty

The market’s given a roaring farewell to the coalition government (up about 20pc since the SBA) but – write this...

Published 10 Aug, 2023 06:35am

Opinion

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...

Updated 03 Aug, 2023 06:34am

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

Opinion

Hard reset and a lost generation

No better time than election season to make the case – very controversial one, it turns out – that Pakistan’s...

Published 20 Jul, 2023 03:12am

Opinion

The BRICS’s creeping ‘gold currency’

It’s a shame that market pundits have been busy scandalising JP Morgan’s involvement with the late, notorious ...

Updated 13 Jul, 2023 05:15am

Opinion

SBA won’t cut it

Fine, it was the single biggest one-day jump in the stock market in 15 years. But is it really that unbelievable,...

Updated 06 Jul, 2023 06:20am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.20 ▲ 0.24 (12.24%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.19 ▲ 0.16 (7.88%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)

Stock	Price
Pak Gulf Leasing / Nov 28 Pak-Gulf Leasing Company Limited(PGLC)	6.83 ▼ -0.98 (-12.55%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	156.55 ▼ -10.10 (-6.06%)
Sana Ind / Nov 28 Sana Industries Limited(SNAI)	26.16 ▼ -1.59 (-5.73%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30 ▼ -1.78 (-5.60%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)
HBL Growth Fund / Nov 28 HBL Growth Fund(HGFA)	8.33 ▼ -0.46 (-5.23%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.04
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.06
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	23,210,377 ▼ -0.09
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.18
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▼ -0.04
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.86
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.63
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▼ -0.02
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.15
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.01

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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