News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

July-August: Pakistan's food import bill increases 50% YoY, amounts to $1.47bn

Of the food group, palm oil imports were the major constituent

Published 18 Sep, 2021 02:33pm

Business & Finance

Pakistan’s REER declines to 97.4 in August

The Real Effective Exchange Rate (REER) of Pakistan, a measure of the value of a currency against a weighted average...

Published 17 Sep, 2021 05:33pm

Business & Finance

Pakistan's current account deficit swells to $1.48 billion in August

Increases over 80% on a monthly basis

Published 17 Sep, 2021 04:35pm

Markets

Rupee closes at 169.12 as the fall continues

Currency registers another 0.11% decline against the dollar on Wednesday

Published 15 Sep, 2021 04:43pm

Business & Finance

Upcoming MPC: Majority expect status quo but a greater divide is now visible

A poll, consisting of 68 participants, shows 65% expect the SBP to maintain the discount rate at 7%

Published 15 Sep, 2021 02:36pm

Business & Finance

Pakistan's rupee closes at its lowest level against the US dollar as pressure remains

The rupee has been under pressure since May this year with an increasing import bill causing immense worry among policymakers

Updated 14 Sep, 2021 05:37pm

Business & Finance

Lucky Motor Corp likely to launch KIA Stonic, Peugeot 2008 in Pakistan

Pakistan’s Lucky Motor Corporation (LMC) is likely to introduce KIA Stonic and Peugeot 2008 in the coming months,...

Published 13 Sep, 2021 03:21pm

Business & Finance

Islamic Banking Industry: Assets and deposits show highest YoY growth since 2015

Market share of IBI’s assets and deposits in overall banking industry’s recorded at 17% and 18.7%, respectively

Published 11 Sep, 2021 04:49pm

Business & Finance

Pakistan's rupee nears all-time low after another fall against US dollar

Closes at 168.02 against the dollar in the inter-bank market

Published 10 Sep, 2021 05:52pm

Business & Finance

Hybrid electric vehicles: Indus Motor Company announces $100mn investment for local production

Amount will be invested over a period of three years, says the company in its filing to the Pakistan Stock Exchange

Updated 08 Sep, 2021 09:55pm

Business & Finance

Roshan Digital Account: Full-year inflow clocks in at $2.11 billion

Pakistan attracts $245 million in August, taking cumulative amount to $2.114 billion

Published 08 Sep, 2021 12:57pm

Business & Finance

All eyes on MSCI as reclassification decision expected on Pakistan

All eyes are set on Morgan Stanley Capital International (MSCI), which will announce whether or not Pakistan is...

Updated 08 Sep, 2021 12:02am

Business & Finance

Fauji Foods plans rights issue to mitigate debt level

Will issue 780,794,596 ordinary shares at a price of Rs10/per share

Published 06 Sep, 2021 12:32pm

Markets

Ministry moving proposal for 'seasonal energy pricing'

Move aimed at encouraging power consumption during off-peak months, says minister for energy Hammad Azhar

Updated 03 Sep, 2021 03:50pm

Business & Finance

'Demand-side pressure' drives Pakistani rupee to 12-month low

Rupee near 167 level against the US dollar after another fall on Wednesday

Published 01 Sep, 2021 05:26pm

Business & Finance

Tapping govt's favourable view, TPL eyes Pakistan's biggest REIT

Plans to raise $500 million through private placement

Published 31 Aug, 2021 07:59pm

Business & Finance

Pakistani E&P consortium awarded oil block in Abu Dhabi

In a major development for Pakistan, a consortium of the country’s major E&P Companies has been awarded...

Published 31 Aug, 2021 06:06pm

Business & Finance

Air Link IPO: Book-building results in strike price of Rs71.5, offer oversubscribed 1.64 times

Book-building of Pakistan's smartphone producer Air Link has resulted in a strike price of Rs71.5 with the initial...

Published 31 Aug, 2021 05:24pm

Business & Finance

S&P Global affirms Pakistan ratings at 'B-/B', outlook stable

S&P Global Ratings has affirmed its 'B-' long-term and 'B' short-term sovereign credit rating on Pakistan, while...

Published 31 Aug, 2021 11:34am

Business & Finance

Rupee reverses gains, loses 0.2% against US dollar

Inches close to 166 level

Published 30 Aug, 2021 05:10pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Sep 18 786 Investments Limited(786)	9.00 ▼ 0.00 (0.00%)
AL- Abbas / Sep 18 Al-Abbas Sugar Mills Limited(AABS)	297.04 ▼ 0.00 (0.00%)
Agro Allianz / Sep 18 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 18 Allied Bank Limited(ABL)	69.50 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 18 Abbott Laboratories (Pakistan) Limited(ABOT)	761.22 ▼ 0.00 (0.00%)
Abson Ind. / Sep 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Sep 18 Attock Cement Pakistan Limited(ACPL)	141.44 ▼ 0.00 (0.00%)
Adam Sugar / Sep 18 Adam Sugar Mills Limited(ADAMS)	36.34 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Sep 18 786 Investments Limited(786)	9.00 ▼ 0.00 (0.00%)
AL- Abbas / Sep 18 Al-Abbas Sugar Mills Limited(AABS)	297.04 ▼ 0.00 (0.00%)
Agro Allianz / Sep 18 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 18 Allied Bank Limited(ABL)	69.50 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 18 Abbott Laboratories (Pakistan) Limited(ABOT)	761.22 ▼ 0.00 (0.00%)
Abson Ind. / Sep 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Sep 18 Attock Cement Pakistan Limited(ACPL)	141.44 ▼ 0.00 (0.00%)
Adam Sugar / Sep 18 Adam Sugar Mills Limited(ADAMS)	36.34 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 18	168.25
USD PKR Interbank Buying / Sep 18	168.15
USD to Japanese Yen / Sep 18	109.93
USD to Swiss Franc / Sep 18	0.93
Pound Sterling to USD / Sep 18	1.37
Euro to USD / Sep 18	1.17
UK LIBOR % / Sep 18	0.07

Stock	Volume
S&P 500 / Sep 18	4432.99
India Sensex / Sep 18	59051.89
Tokyo Nikkei / Sep 18	30500.05
Nasdaq / Sep 18	15043.97
Hang Seng / Sep 18	24920.76
FTSE 100 / Sep 18	6963.64
Dow Jones / Sep 18	34584.88
Germany DAX 30 / Sep 18	15490.17
France CAC40 / Sep 18	6570.19