News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

Compensation to importer: Insurance company denies claim

LAHORE: An insurance company has denied insurance claim after the policy holder was compensated by the shipping...

Updated 21 Aug, 2024 08:00am

Pakistan

Water level in Tarbela dam reaches maximum

LAHORE: Tarbela Dam has reached its maximum conservation level of 1550 feet above mean sea level Monday, resulting ...

Published 20 Aug, 2024 06:55am

Business & Finance

Tyre importer secures duty after proving assessment

LAHORE: A tyre importer has secured duty after proving that the customs department has assessed the goods in terms ...

Published 18 Aug, 2024 06:19am

Business & Finance

Tax dept has taxed entire undeclared sales shown under ‘amnesty’

LAHORE: The sales tax department has taxed the entire undeclared sales shown in amnesty after the taxpayer failed to...

Published 16 Aug, 2024 08:24am

Markets

2020 IPP report’s recommendations: Power sector circles for implementation

LAHORE: The power sector circles have demanded transparency and accountability in Pakistan’s power sector by...

Updated 15 Aug, 2024 03:17pm

Pakistan

Govt advised to fill Tarbela Dam to maximum capacity: PMD dismisses possibility of high flood

LAHORE: The Pakistan Meteorological Department (PMD) has dismissed the possibility of a high flood ahead and advised...

Published 14 Aug, 2024 07:48am

Pakistan

Insurance firm wins jurisdictional dispute against ombudsman

LAHORE: An insurance company has secured a victory in jurisdictional dispute against the insurance ombudsman. In a...

Published 08 Aug, 2024 07:38am

Business & Finance

FBR digitalisation initiatives face challenges?

LAHORE: The Federal Board of Revenue’s (FBR) endeavours to enhance its digital capabilities are facing obstacles...

Published 07 Aug, 2024 06:49am

Business & Finance

Appellate Tribunal directs FBR to create conducive environment

LAHORE: An appellate tribunal has directed the Federal Bureau of Revenue (FBR) to guide officers towards its mission...

Published 06 Aug, 2024 06:40am

Business & Finance

LTO fails to deduct tax on transfer from CWIP to fixed assets

LAHORE: The Lahore Tax Office (LTO) failed to deduct tax on transfer from construction work in progress (CWIP) to...

Published 03 Aug, 2024 06:46am

Pakistan

Lahore hit by another record-breaking spell of rains

LAHORE: The city of Lahore witnessed another record-breaking spell of monsoon showers on Thursday, recording 350...

Updated 02 Aug, 2024 07:40am

Business & Finance

Telecom co ‘fails’ to prove deductible expenses exceeding its taxable income

LAHORE: A telecom company has failed to establish that its deductible expenses exceeded its taxable income, said...

Published 31 Jul, 2024 06:40am

Markets

Electricity demand during peak hours registers ‘zero growth’: experts

LAHORE: Demand for electricity during the peak hours has registered zero growth during the last three years due to...

Published 27 Jul, 2024 06:18am

Business & Finance

Tax dept fails to tax the amount transferred to WPPF

LAHORE: The tax department remained unsuccessful in taxing the amount transferred by a beverage company to Workers...

Published 25 Jul, 2024 06:24am

FBR extends scope of Tajir Dost Scheme to 42 cities

LAHORE: The Federal Board of Revenue (FBR) has extended scope of Tajir Dost scheme to 42 cities from six cities. The...

Updated 24 Jul, 2024 01:20pm

Pakistan

Customs fails to prove smuggling of local currency

LAHORE: The customs department has failed to establish smuggling of local currency to Afghanistan from a passenger ...

Published 23 Jul, 2024 08:29am

Pakistan

Monsoon currents

LAHORE: The very first strong monsoon currents of the season are likely to penetrate the Arabian Sea and Bay of...

Published 21 Jul, 2024 03:29am

Business & Finance

DAOs inform FTO: No guidelines for adjustment of taxes withheld from salaries

LAHROE: District Accounts Offices (DAOs) have informed the Federal Tax Ombudsman (FTO) that the FBR field formations...

Published 20 Jul, 2024 05:34am

Pakistan

No monsoon rains so far: PMD

LAHORE: Pakistan has witnessed no monsoon rains so far due to non-development of monsoon system in the Bay of ...

Published 19 Jul, 2024 06:58am

Exporters reject amendments in SRO 350(I)/2024

LAHORE: The exporters community has rejected amendments made to the SRO 350(I)/2024 dated 07-03-2024, treating their...

Updated 17 Jul, 2024 08:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	283.63
USD PKR Interbank Buying / Jun 18	283.43
USD to Japanese Yen / Jun 18	144.98
USD to Swiss Franc / Jun 18	0.82
Pound Sterling to USD / Jun 18	1.35
Euro to USD / Jun 18	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
Nasdaq / Jun 17	19,521.09
Dow Jones / Jun 17	42,215.80
India Sensex / Jun 18	81,296.14
Tokyo Nikkei / Jun 18	38,885.15
Hang Seng / Jun 18	23,694.84
FTSE 100 / Jun 18	8,846.17
Germany DAX 30 / Jun 18	23,428.07
France CAC40 / Jun 18	7,690.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Petrol/Litre / Jun 18	258.43
Crude Oil USD/Barrel / Jun 18	74.83
Gold Spot USD/Ounce / Jun 18	3,381.83
Diesel/Litre / Jun 18	262.59
Cotton US¢/pound / Jun 18	67.70

Gainers
Losers
Leaders

Stock	Price
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	4.87 ▲ 1 (25.84%)
Cresent Jute / Jun 18 Crescent Jute Products Limited(CJPL)	6.40 ▲ 0.83 (14.9%)
Siddiqsons Tin / Jun 18 Siddiqsons Tin Plate Limited(STPL)	6.89 ▲ 0.75 (12.21%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Rupali polyester / Jun 18 Rupali Polyester Limited(RUPL)	20.34 ▲ 1.85 (10.01%)
Haseeb Waqas / Jun 18 Haseeb Waqas Sugar Mills Limited(HWQS)	12.10 ▲ 1.1 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Leather Up Ltd. / Jun 18 Leather Up Limited(LEUL)	32.23 ▲ 2.93 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.18 ▼ -0.7 (-18.04%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.88 ▼ -0.43 (-12.99%)
First IBL Mod. / Jun 18 First IBL Modaraba(FIBLM)	4.21 ▼ -0.62 (-12.84%)
First Treet Manuf / Jun 18 First Treet Manufacturing Modaraba(FTMM)	4.91 ▼ -0.61 (-11.05%)
Tariq Corp.Pref. / Jun 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.94 ▼ -0.98 (-10.99%)
Gulistan Sp. / Jun 18 Gulistan Spinning Mills Limited(GUSM)	8.30 ▼ -0.98 (-10.56%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Baba Farid Sugar / Jun 18 Baba Farid Sugar Mills Limited(BAFS)	55 ▼ -6.01 (-9.85%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	110,698,161 ▼ -0.11
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	51,711,290 ▲ 1
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	40,869,408 ▼ -0.7
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	35,689,384 ▼ -0.62
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	26,132,805 ▲ 0.34
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	22,498,201 ▼ -0.43
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	19,254,790 ▼ -1.85
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	18,115,203 ▼ -0.95
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	17,153,517 ▲ 0.09
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	17,046,495 ▼ -0.72

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