News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Pakistan

32 officials terminated, 100 penalized on corruption charges: Lesco chief

LAHORE: The Lahore Electric Supply Company (LESCO) chief has terminated 32 officials from service and imposed...

Published 25 Nov, 2020 02:56am

Markets

Lesco to mange 1000MW industrial load with gas load-shedding in winter

LAHORE: Chief Executive Lahore Electric Supply Company (Lesco) Mujahid Pervaz Chattah said on Friday the Lesco ...

Published 22 Nov, 2020 02:52am

Markets

PPDB contributes 1,720MW to national grid

LAHORE: In order to ensure energy sector development and encourage investment in power sector, Punjab Power...

Updated 07 Nov, 2020 03:06am

Business & Finance

'Clause' in IT Ordinance creates confusion between LESCO, FBR

LAHORE: The Clause 66, Part IV, of the second schedule to Income Ordinance has become a hard nut to crack between ...

Published 04 Nov, 2020 02:45am

Business & Finance

Islamic banking: Barriers hindering product innovation identified

LAHROE: Product innovation has become a hard nut to crack for the Islamic banking sector in Pakistan due to multiple...

Published 01 Nov, 2020 02:50am

Markets

FY 2019-20: Net deletion of 276MW from power generation capacity occurred

LAHORE: A net deletion of 276 MW took place from the installed electric power generation capacity of the country...

Published 29 Oct, 2020 02:53am

Pakistan

31,389 villages in country yet to be electrified

LAHORE: As many as 31,389 villages in Pakistan are yet to be electrified as 157, 203 out of 188,592 villages are...

Published 27 Oct, 2020 02:59am

Markets

Govt may ban new imported fuel-based power projects

LAHORE: The federal government is considering a blanket ban on new imported fuel-based power projects, said Pakistan...

Published 25 Oct, 2020 02:25am

Markets

AEDB to notify ARE Policy 2020 soon

LAHORE: The Alternate Energy Development Board (AEDB) has planned to finalize and notify Alternate Renewable Energy...

Published 23 Oct, 2020 02:32am

Business & Finance

Economic growth: Development of Sukuk market brings positive impact: experts

LAHORE: Development of Sukuk market has a positive impact on the economic growth of the country, as one unit ...

Published 21 Oct, 2020 02:53am

Pakistan

Diamer-Bhasha dam: Life without any sediment management measure estimated at 70 years

LAHORE: The life of Diamer Bhasha dam without any sediment management measure is estimated 70 years with annual...

Published 14 Oct, 2020 03:33am

Business & Finance

Tax evasion: FBR plans to enhance accountability of officials

LAHORE: The Federal Board of Revenue (FBR) is planning to enhance accountability of the officials responsible for ...

Published 11 Oct, 2020 02:47am

Pakistan

Non-poor households receive larger electricity subsidy benefits

LAHORE: Non-poor households receive comparatively larger electricity subsidy benefits than poor households; ...

Published 08 Oct, 2020 02:54am

Pakistan

DISCOs'recovery losses surge 200 percent in 2018-19

LAHORE: Recovery losses of distribution companies (DISCOs) in Pakistan have risen to 200 percent in 2018-19 ...

Published 06 Oct, 2020 03:00am

Pakistan

QESCO, HESCO increased loadshedding duration in 2019

LAHORE: All distribution companies (DISCOs) except Quetta Electric Supply Company (QESCO) and Hyderabad Electric...

Published 04 Oct, 2020 02:47am

Pakistan

No bidder turns up at auction of RML land

LAHORE: No potential bidder turned up to participate in auction of land measuring 41 kanal, 12 marla, 130 sq. ft,...

Published 30 Sep, 2020 02:42am

Business & Finance

Agri and SME sectors: Islamic banking's real potential still untapped: sources

LAHORE: Islamic banking financing to the agriculture and SME sectors is low in a scenario where the government is...

Published 29 Sep, 2020 02:57am

Markets

'Biomass power plants produce low-cost electricity'

LAHORE: The cost of electricity from a biomass-to-electricity power plant is less than solar and wind power plants,...

Published 27 Sep, 2020 02:33am

Business & Finance

Adoption of internet banking still below anticipated levels

LAHORE: Regardless of the rise in number of internet banking users, its adoption is still below the anticipated...

Published 24 Sep, 2020 02:47am

Markets

MEPCO outperforms DISCOs in achieving recovery target in 2018-19: Nepra

LAHORE: The Multan Electric Power Company (MEPCO) remained very close to its recovery target, followed by Gujranwala...

Published 23 Sep, 2020 02:48am

Gainers
Losers
Leaders

Stock	Price
First Pak Modaraba / Nov 28 First Pak Modaraba(PAKMI)	1.8000 ▲ 0.20 (9.37%)
Premium Tex. / Nov 28 Premium Textile Mills Limited(PRET)	225.0000 ▲ 17.99 (8.69%)
Asim Textile / Nov 28 Asim Textile Mills Limited(ASTM)	8.9900 ▲ 0.44 (5.15%)
Macter Int. Ltd. / Nov 28 Macter International Limited(MACTER)	176.3000 ▲ 8.30 (4.94%)
TPL Corp / Nov 28 TPL Corp Limited(TPL)	7.9518 ▲ 0.65 (4.52%)
Tri-Star Power / Nov 28 Tri-Star Power Limited(TSPL)	3.7600 ▲ 0.16 (4.44%)
S. S. Oil / Nov 28 S.S.Oil Mills Limited(SSOM)	76.0700 ▲ 3.07 (4.19%)
Nazir Cotton / Nov 28 Nazir Cotton Mills Limited(NCML)	3.6000 ▲ 0.10 (2.86%)
Bilal Fibres / Nov 28 Bilal Fibres Limited(BILF)	1.5400 ▲ 0.09 (2.76%)
First Elite Cap. Mod. / Nov 28 First Elite Capital Modaraba(FECM)	3.1100 ▲ 0.06 (1.97%)

Stock	Price
BIPL securities / Nov 28 BIPL Securities Limited(BIPLS)	12.4900 ▼ 1.70 (-13.61%)
Gillette Pak / Nov 28 Gillette Pakistan Limited(GLPL)	306.2300 ▼ 41.73 (-13.55%)
Ruby Tex. / Nov 28 Ruby Textile Mills Limited(RUBY)	8.0000 ▼ 0.87 (-10.88%)
Hala Enterpries / Nov 28 Hala Enterprises Limited(HAEL)	7.8500 ▼ 1.34 (-10.84%)
EFU Life Assur. / Nov 28 EFU Life Assurance Limited(EFUL)	200.0000 ▼ 0.00 (-9.25%)
Mian Textile / Nov 28 Mian Textile Industries Limited(MTIL)	9.2400 ▼ 1.09 (-8.94%)
Arshad Energy / Nov 28 Arshad Energy Limited(AEL)	10.8400 ▼ 0.86 (-7.93%)
Chakwal Spinng / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.2700 ▼ 0.32 (-6.25%)
Mithchells / Nov 28 Mitchells Fruit Farms Limited(MFFL)	314.6800 ▼ 29.68 (-5.57%)
Unity Foods / Nov 28 Unity Foods Limited(UNITY)	25.4000 ▼ 2.19 (-5.12%)

Stock	Volume
Unity Foods / Nov 28 Unity Foods Limited(UNITY)	25,016,500 ▼ 2.19
TRG Pak. / Nov 28 TRG Pakistan Limited(TRG)	24,034,500 ▼ 4.74
Fauji Fert. Bin (R) / Nov 28 Fauji Fertilizer Bin Qasim Limited (R)(FFBLR)	20,878,500 ▼ 0.66
Hum Network / Nov 28 Hum Network Limited(HUMNL)	16,532,500 ▼ 0.86
Maple Leaf / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	15,016,103 ▼ 2.46
TPL Corp / Nov 28 TPL Corp Limited(TPL)	12,651,500 ▼ 0.65
K-Electric Ltd / Nov 28 K-Electric Limited(KEL)	11,975,000 ▼ 0.21
Pakistan Refinery / Nov 28 Pakistan Refinery Limited(PRL)	9,142,000 ▼ 1.04
Hascol Petroleum / Nov 28 Hascol Petroleum Limited(HASCOL)	8,546,632 ▼ 0.60
Power Cement / Nov 28 Power Cement Limited(POWER)	8,255,000 ▼ 0.57

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Nov 27	159.40
USD PKR Interbank Buying / Nov 27	159.30
USD to Japanese Yen / Nov 27	104.25
USD to Swiss Franc / Nov 27	0.91
Pound Sterling to USD / Nov 27	1.34
Euro to USD / Nov 27	1.19

Stock	Volume
S&P 500 / Nov 27	3629.65
India Sensex / Nov 27	44259.74
Tokyo Nikkei / Nov 27	26537.31
Nasdaq / Nov 27	12094.40
Hang Seng / Nov 27	26819.45
FTSE 100 / Nov 27	6362.93
Dow Jones / Nov 27	29872.47
Germany DAX 30 / Nov 27	13286.57
France CAC40 / Nov 27	5566.79

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Nov 27	20085.60
UK LIBOR % / Nov 27	0.08
GDPGROWTH / Nov 27	1.00
Foreign Debt (PKR billions) / Nov 27	17000.00
Average CPI % / Nov 27	11.11