News stories for Farhat Ali - Business Recorder

Power sector in turmoil

Chairing a meeting on energy reforms a few days ago, prime minister Imran Khan expressed his grave concern over the...

Published 17 Oct, 2020 03:08am

Opinion

Business growth versus regulations

The businesses in Pakistan are strongly influenced and controlled by Statutory Regulatory Orders (SROs). A favorable...

Published 10 Oct, 2020 03:02am

Opinion

Energy sector challenges

Prime Minister Imran Khan, while chairing a meeting this week to review progress of reforms in the energy sector, is...

Published 03 Oct, 2020 02:45am

Opinion

Gas load-shedding: new challenge

The advent of summer or winter, year after year, ushers in fears in the minds of people of Pakistan - fear of power...

Published 26 Sep, 2020 02:40am

Opinion

SOEs: most viable option

One of the IMF key benchmarks for the current Extended Fund Facility programme is the settlement of the fate of...

Published 19 Sep, 2020 02:44am

Opinion

Solutions based on creative thinking

ARTICLE: The incumbent government that has concluded 'business-as-usual' will not get the nation where PTI promised...

Published 12 Sep, 2020 02:43am

Opinion

Country needs FDI

ARTICLE: The Board of Investment (BoI) last week rolled out an investment promotion strategy for the next three...

Published 05 Sep, 2020 02:50am

Opinion

'Make in Pakistan'

ARTICLE: Prime Minister Imran Khan this week pledged to promote the local industry and pursue the policy of "Make in...

Published 29 Aug, 2020 02:49am

Opinion

Two years in power

ARTICLE: The year 2020 will be recorded in history as a year of severe global economic and political turmoil and...

Published 22 Aug, 2020 03:24am

Opinion

Culture of licences, permits & NOCs

ARTICLE: In these times when countries around the globe are competing to excel in economic growth, perhaps, none of...

Published 15 Aug, 2020 02:41am

Opinion

There's need for gap analysis

ARTICLE: In July 2020, the export proceeds grew by 5.8 per cent to $1.998 billion as per the data released by the...

Published 08 Aug, 2020 02:58am

Opinion

Impacts of Covid-19 on foreign investors

The Overseas Investors Chambers of Commerce and Industry (OICCI) conducted among its member companies a survey this...

Published 01 Aug, 2020 01:12am

Opinion

The rationale for subsidies

ARTICLE: Prime Minister Imran Khan has directed his adviser on finance Dr Hafeez Shaikh to form a "special cell" to...

Published 25 Jul, 2020 02:49am

Opinion

A 'solution' out of the box

ARTICLE: Presiding over a meeting of the Economic think tank early this week, Prime Minister Imran Khan called for...

Published 18 Jul, 2020 02:47am

Opinion

PIA: government's left with only one option

ARTICLE: The Federal Minister of Aviation, while making a statement on the floor of the National Assembly that a...

Updated 11 Jul, 2020 03:10am

Opinion

Oil sector

ARTICLE: In end May 2020, the federal government announced a big reduction in the price of petrol by Rs 7.06 per...

Published 04 Jul, 2020 03:02am

Opinion

The fate of SOEs

ARTICLE: The enthusiasm to turn around State-Owned Enterprises (SOEs) through a newly-established entity...

Published 27 Jun, 2020 02:55am

Opinion

Headhunting professionals

ARTICLE: The federal cabinet has reported to have expressed its reservations on the presentation made by Dr Ishrat...

Published 20 Jun, 2020 04:13am

Opinion

Playing the blame game in oil crisis

ARTICLE: No cartel or mafia or any vested interest can effectively function or survive anywhere in the world without...

Published 13 Jun, 2020 03:31am

Opinion

The 190 State-Owned Enterprises (SOEs) comprising Public Sector Companies (PSCs), Development Finance Institutions (DFIs) and Authorities, employing a total of over 425,000 personnel, incur a colossal loss of around Rs 500 billion a year. In other words,

Published 30 May, 2020 12:06am

Gainers
Losers
Leaders

Stock	Price
Saudi Pak Leas. / Oct 20 Saudi Pak Leasing Company Limited(SPLC)	1.7800 ▲ 0.23 (3.23%)
Kohinoor Ind. / Oct 20 Kohinoor Industries Limited(KOIL)	7.7885 ▲ 0.75 (1.76%)
TPL Trakker / Oct 20 TPL Trakker Limited(TPLT)	9.9900 ▲ 0.09 (0.91%)
Matco Foods / Oct 20 Matco Foods Limited(MFL)	21.2059 ▲ 0.26 (0.53%)
Friesland. Engro / Oct 20 Frieslandcampins Engro Foods Limited(FCEPL)	74.0000 ▲ 0.51 (0.42%)
Nishat Mills / Oct 20 Nishat Mills Limited(NML)	104.2400 ▲ 1.74 (0.35%)
Pak Int Cont. / Oct 20 Pakistan International Container(PICT)	179.5322 ▲ 0.53 (0.30%)
Orix Moda. / Oct 20 Orix Modaraba(ORIXM)	21.2000 ▲ 0.06 (0.28%)
Amreli Steels / Oct 20 Amreli Steels Limited(ASTL)	43.0900 ▲ 0.83 (0.24%)
Pak Int.Bulk Ter / Oct 20 Pakistan International Bulk Terminal Limited(PIBTL)	12.4219 ▲ 0.37 (0.19%)

Stock	Price
Grays Leas. / Oct 20 Grays Leasing Limited(GRYL)	7.3500 ▼ 0.75 (-10.20%)
First Cap. Sec. / Oct 20 First Capital Securities Corporation(FCSC)	1.5000 ▼ 0.10 (-6.67%)
Dost Steel / Oct 20 Dost Steels Limited(DSL)	4.4012 ▼ 0.20 (-4.55%)
Kohinoor Sp. / Oct 20 Kohinoor Spinning Mills Limited(KOSM)	2.9355 ▼ 0.15 (-3.68%)
Thatta Cement / Oct 20 Thatta Cement Company Limited(THCCL)	24.0500 ▼ 1.05 (-3.49%)
Quice Food / Oct 20 Quice Food Industries Limited(QUICE)	4.9000 ▼ 0.16 (-3.27%)
Lalpir Power / Oct 20 Lalpir Power Limited(LPL)	12.3800 ▼ 0.36 (-2.91%)
Tri-Star Poly / Oct 20 Tri-Star Polyester Limited(TRPOL)	8.7500 ▼ 0.24 (-2.74%)
Sui South Gas / Oct 20 Sui Southern Gas Company Limited(SSGC)	16.4000 ▼ 0.44 (-2.66%)
Worldcall / Oct 20 Worldcall Telecom Limited(WTL)	1.1500 ▼ 0.03 (-2.61%)

Stock	Volume
Jahangir Sid. Co. / Oct 20 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,874,000 ▼ 1.43
Hascol Petroleum / Oct 20 Hascol Petroleum Limited(HASCOL)	5,915,443 ▼ 0.43
TRG Pak. / Oct 20 TRG Pakistan Limited(TRG)	5,708,000 ▼ 1.48
Pak Int.Bulk Ter / Oct 20 Pakistan International Bulk Terminal Limited(PIBTL)	5,265,500 ▼ 0.37
Unity Foods / Oct 20 Unity Foods Limited(UNITY)	4,029,000 ▼ 0.39
Maple Leaf / Oct 20 Maple Leaf Cement Factory Limited(MLCF)	1,962,861 ▼ 0.69
Power Cement / Oct 20 Power Cement Limited(POWER)	1,829,000 ▼ 0.30
Treet Corp. / Oct 20 Treet Corporation Limited(TREET)	1,752,500 ▼ 0.67
Pak Elektron / Oct 20 Pak Elektron Limited(PAEL)	1,719,000 ▼ 1.04
Aisha Steel / Oct 20 Aisha Steel Mills Limited(ASL)	1,541,000 ▼ 0.27

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Oct 20	162.40
USD PKR Interbank Buying / Oct 20	162.30
USD to Japanese Yen / Oct 20	105.41
USD to Swiss Franc / Oct 20	0.91
Pound Sterling to USD / Oct 20	1.29
Euro to USD / Oct 20	1.18

Stock	Volume
S&P 500 / Oct 20	3426.92
India Sensex / Oct 20	40431.60
Tokyo Nikkei / Oct 20	23671.13
Nasdaq / Oct 20	11478.88
Hang Seng / Oct 20	24542.26
FTSE 100 / Oct 20	5884.65
Dow Jones / Oct 20	28195.42
Germany DAX 30 / Oct 20	12854.66
France CAC40 / Oct 20	4929.27

Indicator	Value
Weekly Foreign Reserves / Oct 20	19015.50
UK LIBOR % / Oct 20	0.08
GDPGROWTH / Oct 20	5.40
Foreign Debt (PKR billions) / Oct 20	15087.50
Per Capita Income USD (CPI) / Oct 20	1516.00
Average CPI % / Oct 20	11.11