News stories for Salman Siddiqui

Salman Siddiqui

Markets

Banks to develop SME index to help boost financing for small businesses

The Pakistan Banks’ Association (PBA) has announced to develop an small and medium-sized enterprises (SME) index...

Published 12 Feb, 2025 08:01pm

Markets

New Year effect: Pakistan car sales soar 73% MoM in January 2025

Car sales in Pakistan significantly increased by 73% month-on-month (MoM) to 17,010 units as compared to the...

Published 11 Feb, 2025 10:28pm

Markets

Zarea Limited raises over Rs1 billion in 2025’s first IPO at PSX

Zarea Limited, one of Pakistan’s largest commodities B2B platforms, raised Rs1.03 billion by selling 62.5 million...

Updated 11 Feb, 2025 11:13pm

Markets

Sindh govt, Dewan Group look to introduce 500 electric taxis in province

The Sindh government and Dewan Group are making progress in introducing 500 electric taxis in the province, with the...

Updated 10 Feb, 2025 11:00pm

Pakistan

Pakistan’s economic stability improves, but IMF & structural reforms crucial: Fitch

Securing sufficient external financing remains a challenge, rating agency says

Updated 07 Feb, 2025 09:55pm

Markets

Jun-Oct 2024: SBP buys $3.8bn from market to increase FX reserves

The State Bank of Pakistan (SBP) purchased $3.8 billion from domestic foreign exchange (FX) markets from June to...

Published 05 Feb, 2025 08:34pm

Business & Finance

SBP issues first digital retail banking license to easypaisa

The State Bank of Pakistan (SBP) on Tuesday awarded its first digital retail banking (DRB) license to easypaisa...

Updated 28 Jan, 2025 11:32pm

Markets

New currency notes to enter circulation in 2025, confirms SBP governor

Notes of all existing denominations would be issued one by one instead in one go, according to the SBP chief

Updated 27 Jan, 2025 10:05pm

Business & Finance

FBR chief stands firm on decision to purchase 1,010 cars for tax officers

Sales tax cannot be collected without site visits, Rashid Mahmood Langrial says

Updated 26 Jan, 2025 10:34pm

Markets

Commercial banks borrow Rs9.61 trillion from SBP for 7 days

Commercial banks have borrowed Rs9.61 trillion from the State Bank of Pakistan (SBP) at an interest rate of 13.04%...

Updated 25 Jan, 2025 06:43am

Technology

CBUs: Lucky Motor set to launch new KIA electric SUVs in Pakistan

Lucky Motor, the authorised assembler and distributor of KIA-brand vehicles in Pakistan, is set to introduce various...

Published 21 Jan, 2025 11:55pm

Markets

SUVs take the spotlight as Pakistan car sales soar 69% YoY in December

Car sales in Pakistan surged 69% to 9,820 units in December 2024 as compared to the same month of the last year,...

Updated 14 Jan, 2025 11:51pm

Business & Finance

SBP aims to achieve 75% financial inclusion by 2028

Central bank launches National Financial Inclusion Strategy (NFIS) 2024-28

Updated 13 Jan, 2025 09:55pm

Pakistan

‘Ineligible persons’: stock brokers urge Aurangzeb for consultation on Tax Law (Amendment) Act

KARACHI: Pakistan Stock Brokers Association (PSBA) has urged Finance Minister Muhammad Aurangzeb to consult...

Updated 07 Jan, 2025 10:12pm

Markets

Veon Group invests $15mn in Mobilink Bank to fuel growth, tech advancement

A global digital operator VEON Group has invested $15 million in Mobilink Bank to support the bank’s growth...

Updated 02 Jan, 2025 10:29pm

Markets

Surge in capacity drives up electricity production cost, NEPRA report reveals

Pakistan’s total installed capacity to generate power increased to 45,888 megawatts (MW) as on June 30, 2024,...

Published 31 Dec, 2024 10:10pm

Markets

realme launches ‘first Pakistan-assembled’ waterproof mobile phone

Chinese smartphone maker realme unveiled on Monday a “waterproof and shockproof” Android mobile phone, claiming it...

Published 23 Dec, 2024 09:40pm

Pakistan

Sherry Rehman urges stakeholders to incentivise EV buyers to overcome climate change impacts

Senator and Chairperson, Standing Committee on Climate Change, Sherry Rehman warned Saturday that transport-born...

Updated 21 Dec, 2024 07:22pm

Markets

Unilever, FrieslandCampina fined for marketing ‘frozen desserts’ as ‘ice cream’

The Competition Commission of Pakistan (CCP) has imposed a cumulative penalty of Rs170 million on manufacturers and...

Updated 20 Dec, 2024 10:24pm

Pakistan

No UAE visa issue, waiting for Islamabad to sign FTA: UAE consul general

KARACHI: UAE Consul General in Karachi Dr Bakheet Ateeq Al Rumaithi announced on Thursday that talks for a free...

Updated 19 Dec, 2024 09:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Gainers
Losers
Leaders

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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