News stories for Bilal Hussain

Bilal Hussain

Business & Finance

Pakistan car sales drop 3% MoM in March

Pakistan car sales in March totaled 9,379 units, reflecting 3% decrease compared to the previous month and 1%...

Updated 18 Apr, 2024 03:57pm

Markets

Record high: gold continues to shine, reaches Rs251,900 per tola in Pakistan

Gold continued its merry run on Wednesday, crossing Rs250,000 per tola mark for the first time in Pakistan as a...

Updated 17 Apr, 2024 09:00pm

Pakistan

Inflation woes have taken the shine off Pakistan’s Eid festivities

Mohammad Rizwan, a vendor selling children and women’s clothing off a side street from the main Tariq Road in...

Updated 09 Apr, 2024 10:12pm

Business & Finance

CCP to analyse Pakistan’s insurance sector under IMF’s PIMA framework

The Competition Commission of Pakistan (CCP) has initiated a comprehensive competition assessment of the insurance...

Published 08 Apr, 2024 08:32pm

Business & Finance

PRL, Air Link withdraw intention to buy 77.42% shares, control of Shell Pakistan

Pakistan Refinery Limited (PRL) and Air Link Communication Limited (Air Link) have announced their withdrawal from...

Updated 03 Apr, 2024 10:34pm

Business & Finance

CCP issues showcause notices to six fertiliser firms

The Competition Commission of Pakistan (CCP) has issued showcause notices to the Fertilizer Manufacturers of...

Published 02 Apr, 2024 05:42pm

Technology

Experts hail Chinese EV giant BYD’s entry to Pakistan market

Chinese electric vehicle (EV) giant BYD revealed its plan to enter the Pakistan market and industry experts see it...

Published 29 Mar, 2024 11:00pm

Pakistan

Pakistan ‘well positioned’ to leverage $949bn global carbon market but challenges aplenty

Experts say clarity of policy and ensuring benefits reach communities affected by climate change of utmost importance

Published 27 Mar, 2024 04:32pm

Business & Finance

After launching hybrid, Indus Motor introduces cheaper, petrol variants of Corolla Cross

Gasoline vehicles priced at Rs8.199mn and Rs8.899mn

Updated 22 Mar, 2024 09:53pm

Business & Finance

CCP greenlights merger of TPL Life Insurance with Dar Es Salaam Textile Mills

The Competition Commission of Pakistan (CCP) has approved merger of TPL Life Insurance Limited with Dar Es Salaam...

Published 21 Mar, 2024 08:35pm

Pakistan

Shortage continues unabated: Need for promoting local production of insulin stressed

KARACHI: Experts said Pakistan will have to achieve local production of insulin to resolve its shortage, stressing...

Updated 21 Mar, 2024 10:21am

Business & Finance

Senior PIA official confident EASA will lift ban this year

A senior official at Pakistan International Airlines (PIA) is hopeful that flights to Europe and the UK will resume...

Updated 19 Mar, 2024 09:48am

Business & Finance

After Indus Motor, Honda Atlas reduces City’s prices in Pakistan

Honda Atlas Cars announced on Friday a price reduction of up to Rs140,000 on two of its City variants on Friday,...

Updated 15 Mar, 2024 08:02pm

Business & Finance

Dutch company acquires Pakistani microfinance bank, CCP approves acquisition

Dutch-based holding company MNT–Halan Pak B.V. has successfully acquired Advans Pakistan Microfinance Bank Limited,...

Published 14 Mar, 2024 07:35pm

Business & Finance

Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000

Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris...

Updated 14 Mar, 2024 09:23pm

Perspectives

Never has an economic roadmap been more important in Pakistan

It was in June 2022 that Pakistan’s CPI-based inflation figure topped 20%. It has since then stood stubbornly at...

Updated 13 Mar, 2024 12:18pm

Markets

Car sales in Pakistan surge 57% YoY in February

However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units

Updated 12 Mar, 2024 10:35pm

Business & Finance

inDrive’s optimism: eyeing opportunities in Pakistan’s challenging environment

Whether grappling with political turmoil, inflation, or exchange rate issues, Daniil Petin, Vice President of...

Published 08 Mar, 2024 07:29pm

Technology

Add $6 trillion to global GDP by including women in economy: US venture capitalist

Women’s participation in the workforce could add a whopping $6 trillion to global GDP, helping not only product...

Published 07 Mar, 2024 08:00pm

Business & Finance

CCP warns social media influencers against deceptive marketing practices, vows strict action

The Competition Commission of Pakistan (CCP) has warned social media influencers and endorsers against engaging in...

Published 07 Mar, 2024 07:22pm

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 16	285.16
USD PKR Interbank Buying / Jul 16	284.96
USD to Japanese Yen / Jul 16	147.84
USD to Swiss Franc / Jul 16	0.80
Pound Sterling to USD / Jul 16	1.34
Euro to USD / Jul 16	1.16
UK LIBOR % / Jul 15	4.96

Stock	Volume
S&P 500 / Jul 16	6,263.70
India Sensex / Jul 16	82,634.48
Tokyo Nikkei / Jul 16	39,663.40
Nasdaq / Jul 16	20,730.49
Hang Seng / Jul 16	24,517.76
FTSE 100 / Jul 16	8,926.56
Dow Jones / Jul 16	44,254.78
Germany DAX 30 / Jul 16	24,009.38
France CAC40 / Jul 16	7,722.09

Item	Value
Crude Oil USD/Barrel / Jul 16	66.38
Karachi Cotton PKR/37.32 KG / Jul 16	16,585
Gold 10 Grams PKR / Jul 16	305,212
Gold Spot USD/Ounce / Jul 16	3,359.10
Cotton US¢/pound / Jul 16	68.56
Petrol/Litre / Jul 17	272.15
Diesel/Litre / Jul 17	284.35

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jul 17 Askari Life Assurance Company Limited(ALAC)	9.47 ▲ 2.07 (27.97%)
First IBL Mod. / Jul 17 First IBL Modaraba(FIBLM)	6.45 ▲ 1.3 (25.24%)
Sanghar Sugar / Jul 17 Sanghar Sugar Mills Limited(SANSM)	54.27 ▲ 8.27 (17.98%)
Sitara Peroxide / Jul 17 Sitara Peroxide Limited(SPL)	17.69 ▲ 2.69 (17.93%)
ICC Industries / Jul 17 ICC Industries Limited(ICCI)	14.52 ▲ 2.13 (17.19%)
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	6.40 ▲ 0.88 (15.94%)
B.R.R. Guardian / Jul 17 B.R.R. Guardian Limited(BRRG)	30.95 ▲ 4.24 (15.87%)
Pak Int.Bulk / Jul 17 Pakistan International Bulk Terminal(PIBTL)	10.21 ▲ 1.38 (15.63%)
Fazal Cloth / Jul 17 Fazal Cloth Mills Limited(FZCM)	389 ▲ 43.5 (12.59%)
B. F. Modaraba / Jul 17 B.F. Modaraba(BFMOD)	12.45 ▲ 1.35 (12.16%)

Stock	Price
Bannu Woollen / Jul 17 Bannu Woollen Mills Limited(BNWM)	94.90 ▼ -12.6 (-11.72%)
Shakarganj / Jul 17 Shakarganj Limited(SML)	67 ▼ -8 (-10.67%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	21.61 ▼ -2.2 (-9.24%)
Khalid Siraj / Jul 17 Khalid Siraj Textile Mills Limited(KSTM)	8.54 ▼ -0.65 (-7.07%)
Universal Ins. / Jul 17 The Universal Insurance Company Limited(UVIC)	10.15 ▼ -0.75 (-6.88%)
AN Textile Mills / Jul 17 AN Textile Mills Limited(ANTM)	26.10 ▼ -1.75 (-6.28%)
Shaheen Ins. / Jul 17 Shaheen Insurance Company Limited(SHNI)	11.56 ▼ -0.68 (-5.56%)
DH Partners / Jul 17 DH Partners Limited(DHPL)	41.42 ▼ -2.38 (-5.43%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	9 ▼ -0.5 (-5.26%)
MACPAC Films / Jul 17 MACPAC Films Limited(MACFL)	55.95 ▼ -2.8 (-4.77%)

Stock	Volume
Pak Int.Bulk / Jul 17 Pakistan International Bulk Terminal(PIBTL)	41,680,122 ▲ 1.38
Thatta Cement / Jul 17 Thatta Cement Company Limited(THCCL)	8,234,931 ▲ 3.14
Hub Power Co. / Jul 17 The Hub Power Company Limited(HUBC)	7,640,802 ▲ 6.54
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	6,083,072 ▲ 0.88
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	4,685,781 ▲ 0.19
Ist.Capital Sec / Jul 17 First Capital Securities Corporation(FCSC)	4,476,627 ▲ 0.23
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	3,254,058 ▲ 1.01
P.T.C.L. / Jul 17 Pakistan Telecommunication Company Ltd(PTC)	3,171,616 ▲ 0.67
Unity Foods Ltd / Jul 17 Unity Foods Limited(UNITY)	2,495,809 ▲ 1.34
Sui South Gas / Jul 17 Sui Southern Gas Company Limited(SSGC)	2,483,197 ▲ 2.34

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