News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Level playing field demands deregulation of LNG sector

Noted businessman and Chairman Associated Group Iqbal Z Ahmed suggested that the government should ensure continued support to LNG sector and deregulate the sector for a level playing field. "There are many loopholes and the private sector's role in LNG h

Published 24 Mar, 2019 12:00am

Punjab Assembly adopts Aab-e-Pak Authority Bill

The Punjab Assembly on Thursday passed Punjab Aab-e-Pak Authority Bill 2019 with majority. All the amendments of the opposition were rejected. The opposition showed their reservation on making Governor Punjab Chaudhry Muhammad Sarwar as patron in chief of

Published 15 Mar, 2019 12:00am

Punjab PA adopts bill to raise MPAs' salaries from Rs 83,000 to Rs 0.2 million

Punjab Assembly unanimously passed a private bill seeking raise in salaries of MAPs on Wednesday. The bill was approved by the legislators few hours after it was presented in the House. It was brought for approval after receiving consent from the standing

Published 14 Mar, 2019 12:00am

Punjab Assembly recommends awards for pilots who downed IAF's planes

The Punjab Assembly on Tuesday unanimously passed a resolution to award medals to Squadron Leader Hassan Siddiqui and Wing Commander Nauman Ali Khan for shooting down two Indian warplanes for intruding into Pakistan's airspace.

Published 13 Mar, 2019 12:00am

Debate in Punjab Assembly: budget 2019-20 will focus on development: minister

Finance Minister Punjab Makhdoom Hashim Jawan Bakht said on Monday that 2019-20 budget will focus on development while the 2018-19 budget was a corrective budget. The Minister said this while opening the pre-budget debate in the Punjab Assembly. He said f

Published 12 Mar, 2019 12:00am

Solid Waste Management Companies: Minister slams PML-N former government over corruption

The hot words were exchanged on Friday between PML-N and PTI lawmakers in Punjab Assembly on the issue of corruption in the Solid Waste Management Companies. The hot words were exchanged between Industries Minister Mian Aslam Iqbal and PML-N MPA Malik Ahm

Published 09 Mar, 2019 12:00am

Solid Waste Management Companies: Minister slams PML-N former government over corruption

Published 09 Mar, 2019 12:00am

Anti-Hindus remarks: Opposition walks out in Punjab Assembly against Chohan's statement

The opposition walked out in Punjab Assembly on Tuesday against the use of derogatory language by Information Minister Fayaz-ul-Hasan Chohan against Hindus. They also demanded the resignation of the minister.

Published 06 Mar, 2019 12:00am

Punjab Assembly: Opposition concerned at transfer of HBL PSL matches

Opposition in the Punjab Assembly on Monday showed concerns over transfer of HBL PSL matches from Lahore to Karachi. The shifting of matches gave the message that we are afraid of tension on the borders. Speaking on a point of order, PML (N) MPA Waris Kal

Published 05 Mar, 2019 12:00am

Punjab Assembly: Opposition concerned at transfer of HBL PSL matches

Published 05 Mar, 2019 12:00am

Handing over of Indian pilot: opposition in Punjab Assembly expresses reservations

Opposition in Punjab Assembly on Friday showed their reservations on handing over Indian captured pilot Abhinandan Varthama to India without consultation with the opposition.

Published 02 Mar, 2019 12:00am

Punjab Assembly passes three bills, congratulates PAF

The Punjab Assembly on Wednesday passed The Punjab Skill Development Authority Bill 2018, The Punjab Technical Education and Vocational Training Authority (Amendment) Bill 2018, The Punjab Board of Technical Education (Amendment) Bill 2018 and The Provinc

Published 28 Feb, 2019 12:00am

Markets

APTMA urges government to revive contracts with IPPs

The All Pakistan Textile Mills Association (APTMA) has demanded the government revive their contracts with the Independent Power Producers as they were involved in over billing. There is a corruption of Rs 200 billion in power sector, it said. While addre

Published 23 Feb, 2019 12:00am

Punjab Assembly rejects PPP's resolution on Durrani's arrest

The panel of chair in the Punjab Assembly rejected Pakistan Peoples Party's resolution against the arrest of Sindh Assembly Speaker Agha Siraj Durrani by the National Accountability Bureau after majority of the members rejected the opposition's demand.

Published 22 Feb, 2019 12:00am

Mansha urges government to portray country's soft image abroad

Chairman Nishat Group and leading businessman of the country Mian Muhammad Mansha said on Wednesday that jobs creation in the country is possible only if we portray a positive image of the country at international level and let the businessmen work. Mansh

Published 21 Feb, 2019 12:00am

Sasti Roti Scheme: Minister asked to present audit report of Rs 13.374 billion subsidy

Speaker Punjab Assembly on Wednesday directed the Food minister to present the audit report of subsidy of Rs 13.374 billion on wheat in Sasti Roti Scheme introduced by the PML-N government in the next session of Assembly. The Speaker gave these directions

Published 21 Feb, 2019 12:00am

Borrowing money: Government hasn't crossed limit, SBP governor clarifies

State Bank of Pakistan Governor Tariq Bajwa said that the federal government has not crossed any limit in borrowing money from the bank. He also dispelled the impression that the country will be facing financial crisis in the current financial year. The S

Published 19 Feb, 2019 12:00am

Borrowing money: Government hasn''t crossed limit, SBP governor clarifies

Published 19 Feb, 2019 12:00am

Borrowing money: Government hasn't crossed limit, SBP governor clarifies

Published 19 Feb, 2019 12:00am

PHEC permanent chairperson: Appointment criterion sent for CM's nod

A summary of revising the criterion of appointment of permanent chairperson Punjab Higher Education Commission (PHEC) has been sent to chief minister Punjab for approval after being approved by Law Department and Higher Education Department Punjab. Reliab

Published 16 Feb, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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