News stories for Omar Qureshi - Business Recorder

Omar Qureshi

Perspectives

We took digital services for granted. Now it’s time to pay

As the world adopts digital solutions at a rapid pace, companies offering these services are moving to maximise ...

Published 03 Aug, 2022 07:44pm

Business & Finance

Here is a look at SBP's previous monetary policy announcements

Central bank has raised interest rates by 675 basis points since September 2021, taking the key rate to its highest since 2011

Updated 07 Jul, 2022 04:38pm

Markets

Petrol prices in Pakistan: what are the components, and how have they behaved

Business Recorder takes a look at how rates have moved in the last one year

Published 29 Jun, 2022 11:59pm

Perspectives

Lessons from a crypto winter

Cryptocurrencies witnessed a tumultuous boom and bust cycle over the past year as the two largest digital coins,...

Published 24 Jun, 2022 08:52pm

Pakistan

For IMF programme revival: Pakistan to take more measures to appease IMF

Analysts say only a small component of requirements met

Published 22 Jun, 2022 06:40pm

Perspectives

Time of fiscal discipline: minor changes can help you fight inflation

Over the past few weeks, Pakistan has witnessed historic hikes in the prices of petroleum products – Rs30 on two...

Published 06 Jun, 2022 02:45pm

Markets

With aim to become transparent, SBP launches EasyData portal

State Bank of Pakistan (SBP) Acting Governor Dr Murtaza Syed launched on Wednesday the EasyData portal that offers...

Published 01 Jun, 2022 08:12pm

Perspectives

Technology weaponisation: Pakistan needs homegrown solutions

Amidst the fourth industrial revolution, the world has become digitally interconnected and the lives of people have...

Published 28 May, 2022 09:39pm

Markets

Review: How did Pakistan's markets react to the hike in fuel prices?

Flour and energy prices increased, rupee recovered, and KSE-100 made huge intra-day gains before succumbing to profit-taking

Published 27 May, 2022 10:08pm

Markets

150 bps: roughly Rs1,250 added to monthly installments on just a Rs1m loan

The State Bank of Pakistan hiked on Monday the key interest rate by 150 basis points (bps), taking it to 13.75%. ...

Published 23 May, 2022 07:57pm

Markets

Hoarding by exporters contributing to rupee's fall, dealers say

Rule out currency's collapse is due to public demand, stress ample supply for buyers available

Published 18 May, 2022 04:53pm

Gainers
Losers
Leaders

Stock	Price
Pace (Pak) Ltd. / Aug 11 Pace (Pakistan) Limited(PACE)	3.35 ▲ 0.34 (11.30%)
Saritow Spinning / Aug 11 Saritow Spinning Mills Limited(SSML)	8.21 ▲ 0.71 (9.47%)
Bal. Wheel / Aug 11 Baluchistan Wheels Limited(BWHL)	73.10 ▲ 5.10 (7.50%)
IbrahimFibres / Aug 11 Ibrahim Fibres Limited(IBFL)	196.45 ▲ 13.70 (7.50%)
Hussain Industries / Aug 11 Husein Industries Limited(HUSI)	24.25 ▲ 1.68 (7.44%)
AKD Securities / Aug 11 AKD Securities Limited(AKDSL)	37.00 ▲ 2.49 (7.22%)
Pervez Ahmed Co / Aug 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.92 ▲ 0.06 (6.98%)
Punjab Oil / Aug 11 Punjab Oil Mills Limited(POML)	184.00 ▲ 11.10 (6.42%)
Pak Datacom / Aug 11 Pak Datacom Limited(PAKD)	56.02 ▲ 3.36 (6.38%)
Balochistan Glass / Aug 11 Balochistan Glass Limited(BGL)	10.45 ▲ 0.61 (6.20%)

Stock	Price
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	11.81 ▲ -0.99 (-7.73%)
Supernet Ltd. / Aug 11 Supernet Limited(GEMSPNL)	13.15 ▲ -1.05 (-7.39%)
Sapphire Textile / Aug 11 Sapphire Textile Mills Limited(SAPT)	876.00 ▲ -68.00 (-7.20%)
Al-Khair Gadoon / Aug 11 Al-Khair Gadoon Limited(AKGL)	39.00 ▲ -3.00 (-7.14%)
Gatron Ind. / Aug 11 Gatron (Industries) Limited(GATI)	361.10 ▲ -26.40 (-6.81%)
IGI Life Ins / Aug 11 IGI Life Insurance Limited(IGIL)	21.15 ▲ -1.54 (-6.79%)
Waves Home Appliances / Aug 11 Waves Home Appliances Limited(WHALE)	14.50 ▲ -0.77 (-5.04%)
Elite Cap.Mod / Aug 11 First Elite Capital Modaraba(FECM)	2.85 ▲ -0.14 (-4.68%)
Unicap Modaraba / Aug 11 Unicap Modaraba(UCAPM)	1.50 ▲ -0.07 (-4.46%)
PICIC Ins.Ltd. / Aug 11 PICIC Insurance Limited(PIL)	0.90 ▲ -0.04 (-4.26%)

Stock	Volume
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	14,333,500 ▼ 0.00
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	11,447,087 ▼ 0.00
Ghani Glo Hol / Aug 11 Ghani Global Holdings Limited(GGL)	6,716,088 ▼ 0.00
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	6,585,217 ▼ 0.00
Balochistan Glass / Aug 11 Balochistan Glass Limited(BGL)	5,871,500 ▼ 0.00
Fauji Foods Ltd / Aug 11 Fauji Foods Limited(FFL)	5,464,767 ▼ 0.00
Pace (Pak) Ltd. / Aug 11 Pace (Pakistan) Limited(PACE)	4,708,000 ▼ 0.00
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	4,579,500 ▼ 0.00
TPL Properties / Aug 11 TPL Properties Limited(TPLP)	4,385,965 ▼ 0.00
Engro Polymer / Aug 11 Engro Polymer & Chemicals Limited(EPCL)	4,141,996 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 10	222.50
USD PKR Interbank Buying / Aug 10	221.50
USD to Japanese Yen / Aug 10	132.86
USD to Swiss Franc / Aug 10	0.94
Pound Sterling to USD / Aug 10	1.22
Euro to USD / Aug 10	1.03
UK LIBOR % / Aug 10	2.32

Stock	Volume
S&P 500 / Aug 10	4210.24
India Sensex / Aug 10	58817.29
Tokyo Nikkei / Aug 10	27819.33
Nasdaq / Aug 10	12854.80
Hang Seng / Aug 10	19610.84
FTSE 100 / Aug 10	7507.11
Dow Jones / Aug 10	33309.51
Germany DAX 30 / Aug 10	13700.93
France CAC40 / Aug 10	6523.44

Item	Value
Crude Oil USD/Barrel / Aug 10	91.33
Karachi Cotton PKR/37.32 KG / Aug 10	17235.00
Gold 10 Grams PKR / Aug 10	128500.00
Gold Spot USD/Ounce / Aug 10	1790.68
Cotton US¢/pound / Aug 10	100.94