News stories for Wasim Iqbal - Business Recorder

AGL 7.03 ▲ 0.41 (6.19%)

ANL 10.75 ▲ 0.34 (3.27%)

AVN 77.30 ▲ 0.40 (0.52%)

BOP 5.49 ▲ 0.05 (0.92%)

CNERGY 5.26 ▲ 0.01 (0.19%)

EFERT 88.50 ▼ -0.32 (-0.36%)

EPCL 74.90 ▼ -1.10 (-1.45%)

FCCL 13.65 ▼ -0.10 (-0.73%)

FFL 6.62 ▲ 0.02 (0.3%)

FLYNG 7.19 ▲ 0.07 (0.98%)

GGGL 10.90 ▼ -0.06 (-0.55%)

GGL 16.52 ▲ 0.04 (0.24%)

GTECH 8.69 ▲ 0.06 (0.7%)

HUMNL 6.94 ▲ 0.12 (1.76%)

KEL 2.86 ▼ 0.00 (0%)

LOTCHEM 25.25 ▲ 0.22 (0.88%)

MLCF 25.79 ▲ 0.10 (0.39%)

OGDC 77.40 ▲ 0.36 (0.47%)

PAEL 15.62 ▼ 0.00 (0%)

PIBTL 5.98 ▲ 0.03 (0.5%)

PRL 17.19 ▼ -0.02 (-0.12%)

SILK 1.26 ▲ 0.03 (2.44%)

TELE 10.75 ▲ 0.02 (0.19%)

TPL 9.10 ▲ 0.07 (0.78%)

TPLP 19.85 ▲ 0.15 (0.76%)

TREET 28.78 ▲ 0.18 (0.63%)

TRG 77.01 ▲ 0.76 (1%)

UNITY 19.94 ▲ 0.06 (0.3%)

WAVES 12.65 ▼ -0.15 (-1.17%)

WTL 1.38 ▲ 0.01 (0.73%)

BR100 4,072 15.3 (0.38%)

BR30 14,890 -16.8 (-0.11%)

KSE100 41,160 57.2 (0.14%)

KSE30 15,660 25.2 (0.16%)

Jul 06, 2022 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Wasim Iqbal

SEZ under CPEC may be inaugurated by month-end

Print

SEZ under CPEC may be inaugurated by month-end

The inaugural session of Rashakai Special Economic Zone, under the China-Pakistan Economic Corridor (CPEC) is expected to be held by the end of July, sources in the Board of Investment (BoI) said. An investment worth $138 million is expected from China in

Published 07 Jul, 2019 12:00am

New sale price of gas notified

Print

New sale price of gas notified

The Oil and Gas Regularity Authority (OGRA) has notified on Sunday new sale price of gas up to 198 percent with effect from July 1, 2019. The government increased the tariff above the recommended gas tariff of OGRA for current financial year as government

Published 01 Jul, 2019 12:00am

New sale price of gas notified

Print

New sale price of gas notified

The Oil and Gas Regularity Authority (OGRA) has notified on Sunday new sale price of gas up to 198 percent with effect from July 1, 2019. The government increased the tariff above the recommended gas tariff of OGRA for current financial year as government

Published 01 Jul, 2019 12:00am

New sale price of gas notified

Print

New sale price of gas notified

The Oil and Gas Regularity Authority (OGRA) has notified on Sunday new sale price of gas up to 198 percent with effect from July 1, 2019. The government increased the tariff above the recommended gas tariff of OGRA for current financial year as government

Published 01 Jul, 2019 12:00am

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Print

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Privatisation Commission (PC) will hire services of Financial Advisor (FA) for the privatisation of Jinnah Convention Centre located at a prime location near Constitution Avenue Islamabad till July 19. Firms and corporate finance firms have been asked to

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Print

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Privatisation Commission (PC) will hire services of Financial Advisor (FA) for the privatisation of Jinnah Convention Centre located at a prime location near Constitution Avenue Islamabad till July 19. Firms and corporate finance firms have been asked to

Published 30 Jun, 2019 12:00am

Babar Awan likely to stage his come back as special assistant to PM

Print

Babar Awan likely to stage his come back as special assistant to PM

Prime Minister Imran Khan is reportedly considering giving Babar Awan the position of special assistant, possibly of Information, with the status of minister of state after passage of annual budget, sources said. "The matter of Babar Awan's appointment as

Published 29 Jun, 2019 12:00am

Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

Print

Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

A number of senior citizens are facing problems in the biometric verification of their bank accounts as fingerprints are difficult to capture as skin loses its elasticity with age, a survey conducted by Business Recorder reveals.

Published 22 Jun, 2019 12:00am

Swedish embassy hosts National Day reception

Print

Swedish embassy hosts National Day reception

The Embassy of Sweden hosted a reception on the occasion of the National Day of Sweden. Ambassador of Sweden Ingrid Johansson welcomed the government dignitaries, diplomats, businessmen and others at the reception hosted here at a hotel on Friday.

Published 22 Jun, 2019 12:00am

Petroleum Division to submit new policy draft by August

Print

Petroleum Division to submit new policy draft by August

The Petroleum Division will submit a draft of new petroleum policy for upstream oil and gas companies to the Cabinet before bidding for the next blocks, sources told this correspondent. The Division is deliberating on a new petroleum policy with incentive

Published 14 Jun, 2019 12:00am

Government sets Rs 150 billion target through proceeds of privatisation

Print

Government sets Rs 150 billion target through proceeds of privatisation

The federal government has set a target of Rs 150 billion from privatisation proceeds in 2019-20. The Cabinet Committee on Privatisation (CCoP) on October 31, 2018 approved new privatisation plan for 64 state-owned entities to be privatised in five years

Published 12 Jun, 2019 12:00am

Economic Survey 2018-19: gas output sees negative growth of 1.98 percent

Markets

Economic Survey 2018-19: gas output sees negative growth of 1.98 percent

The production of natural gas has witnessed a negative growth of 1.98 percent in current fiscal year (2018-19) as compared with last fiscal year (2017-18), according to data released in Pakistan Economic Survey 2018-19 launched on Monday. The survey revea

Published 11 Jun, 2019 12:00am

Prices of POL products increased

Print

Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Prices of POL products increased

Print

Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jul 6 Tri-Star Power Limited(TSPL)	4.70 ▲ 1.00 (27.03%)
F.Credit & Inv / Jul 6 First Credit and Investment Bank Limited(FCIBL)	5.51 ▲ 1.00 (22.17%)
SME Leasing Ltd / Jul 6 SME Leasing Limited(SLL)	2.18 ▲ 0.33 (17.84%)
Kohinoor Power / Jul 6 Kohinoor Power Company Limited(KOHP)	4.36 ▲ 0.59 (15.65%)
S.G.Power / Jul 6 S.G. Power Limited(SGPL)	5.30 ▲ 0.67 (14.47%)
Dewan Sugar / Jul 6 Dewan Sugar Mills Limited(DWSM)	2.49 ▲ 0.24 (10.67%)
Unicap Modaraba / Jul 6 Unicap Modaraba(UCAPM)	1.75 ▲ 0.16 (10.06%)
Land Mark Spinning / Jul 6 Landmark Spinning Industries Limited(LMSM)	13.00 ▲ 1.00 (8.33%)
Balochistan Glass / Jul 6 Balochistan Glass Limited(BGL)	9.05 ▲ 0.66 (7.87%)
Mod.Al-Mali / Jul 6 Modaraba Al-Mali(MODAM)	6.90 ▲ 0.50 (7.81%)

Stock	Price
First Fidelity Leas. / Jul 6 First Fidelity Leasing Modaraba(FFLM)	2.51 ▲ -0.86 (-25.52%)
Tri-Star Mutual / Jul 6 Tri-Star Mutual Fund Limited(TSMF)	4.85 ▲ -1.00 (-17.09%)
Zephyr Textile / Jul 6 Zephyr Textiles Limited(ZTL)	10.00 ▲ -0.90 (-8.26%)
AKD Hospitality / Jul 6 AKD Hospitality Limited(AKDHL)	163.77 ▲ -13.27 (-7.50%)
K.S.B.Pumps / Jul 6 KSB Pumps Company Limited(KSBP)	130.74 ▲ -10.60 (-7.50%)
Punjab Oil / Jul 6 Punjab Oil Mills Limited(POML)	172.84 ▲ -14.01 (-7.50%)
TPL Insurance / Jul 6 TPL Insurance Limited(TPLI)	30.60 ▲ -2.47 (-7.47%)
Mehmood Tex / Jul 6 Mehmood Textile Mills Limited(MEHT)	840.00 ▲ -60.00 (-6.67%)
Reliance Weaving / Jul 6 Reliance Weaving Mills Limited(REWM)	63.50 ▲ -4.45 (-6.55%)
Bawany Air Products / Jul 6 Bawany Air Products Limited(BAPL)	8.85 ▲ -0.60 (-6.35%)

Stock	Volume
Agritech Limited / Jul 6 Agritech Limited(AGL)	25,038,000 ▼ 0.00
Unity Foods Ltd / Jul 6 Unity Foods Limited(UNITY)	5,378,891 ▼ 0.00
Azgard Nine / Jul 6 Azgard Nine Limited(ANL)	3,598,000 ▼ 0.00
Lotte Chemical / Jul 6 Lotte Chemical Pakistan Limited(LOTCHEM)	3,183,254 ▼ 0.00
Sui North Gas / Jul 6 Sui Northern Gas Pipelines Limited(SNGP)	2,727,149 ▼ 0.00
WorldCall Telecom / Jul 6 Worldcall Telecom Limited(WTL)	2,601,000 ▼ 0.00
Pak Refinery / Jul 6 Pakistan Refinery Limited(PRL)	2,597,652 ▼ 0.00
Fauji Cement / Jul 6 Fauji Cement Company Limited(FCCL)	2,144,000 ▼ 0.00
TPL Properties / Jul 6 TPL Properties Limited(TPLP)	1,949,194 ▼ 0.00
G3 Technologies / Jul 6 G3 Technologies Limited(GTECH)	1,916,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 5	206.90
USD PKR Interbank Buying / Jul 5	206.70
USD to Japanese Yen / Jul 5	135.24
USD to Swiss Franc / Jul 5	0.97
Pound Sterling to USD / Jul 5	1.20
Euro to USD / Jul 5	1.03
UK LIBOR % / Jul 5	1.57

Stock	Volume
S&P 500 / Jul 5	3831.39
India Sensex / Jul 5	53134.35
Tokyo Nikkei / Jul 5	26077.04
Nasdaq / Jul 5	11322.24
Hang Seng / Jul 5	21621.01
FTSE 100 / Jul 5	7025.47
Dow Jones / Jul 5	30967.82
Germany DAX 30 / Jul 5	12401.20
France CAC40 / Jul 5	5794.96

Item	Value
Crude Oil USD/Barrel / Jul 5	100.33
Karachi Cotton PKR/37.32 KG / Jul 5	16680.00
Gold 10 Grams PKR / Jul 5	118800.00
Gold Spot USD/Ounce / Jul 5	1770.30
Cotton US¢/pound / Jul 5	93.42

Most Popular Articles

24 Hours
3 Days
1 Week

Ban on import of luxury items: Govt decides to release ‘stuck goods’

Ban on import of luxury items: Govt decides to release ‘stuck goods’

Enough belt-‘tightening’

Enough belt-‘tightening’

Oil may collapse to $65 by year-end amid concerns of demand-crippling recession: Citigroup

Oil may collapse to $65 by year-end amid concerns of demand-crippling recession: Citigroup

Finance Act, 2022: Comments

Finance Act, 2022: Comments

The return of ‘Daronomics’?

The return of ‘Daronomics’?

The LNG conundrum

The LNG conundrum

Is sovereign default inevitable? – I

Is sovereign default inevitable? – I

‘Bangladesh has become role model for developing countries’

‘Bangladesh has become role model for developing countries’

Imports from Afghanistan: Govt likely to amend Import Policy Order

Imports from Afghanistan: Govt likely to amend Import Policy Order

Pak Suzuki suspends fresh bookings of its bikes, jacks up prices

Pak Suzuki suspends fresh bookings of its bikes, jacks up prices

Ban on import of luxury items: Govt decides to release ‘stuck goods’

Ban on import of luxury items: Govt decides to release ‘stuck goods’

Finance Act, 2022: Comments

Finance Act, 2022: Comments

The return of ‘Daronomics’?

The return of ‘Daronomics’?

Enough belt-‘tightening’

Enough belt-‘tightening’

‘Bangladesh has become role model for developing countries’

‘Bangladesh has become role model for developing countries’

Atlas Honda increases motorcycle prices by as much as Rs15,000

Atlas Honda increases motorcycle prices by as much as Rs15,000

JPMorgan warns oil prices could reach ‘Stratospheric’ $380 on worst-case Russian cut

JPMorgan warns oil prices could reach ‘Stratospheric’ $380 on worst-case Russian cut

Two wind IPPs: Three countries seek debt restructuring

Two wind IPPs: Three countries seek debt restructuring

Atlas Honda increases motorcycle prices by as much as Rs15,000

Atlas Honda increases motorcycle prices by as much as Rs15,000

Pak Suzuki suspends fresh bookings of its bikes, jacks up prices

Pak Suzuki suspends fresh bookings of its bikes, jacks up prices

‘Bangladesh has become role model for developing countries’

‘Bangladesh has become role model for developing countries’

Finance bill further amended

Finance bill further amended

PMD predicts heavy rains in Karachi from Friday

PMD predicts heavy rains in Karachi from Friday

Finance Act, 2022: Comments

Finance Act, 2022: Comments

Ban on import of luxury items: Govt decides to release ‘stuck goods’

Ban on import of luxury items: Govt decides to release ‘stuck goods’

Cement prices: No peak in sight

Cement prices: No peak in sight

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

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