News stories for M Ziauddin - Business Recorder

Robber barons and carpetbaggers

Prime Minister Imran Khan has very rightly used the occasion of his virtual speech at the 75th session of the United...

Published 30 Sep, 2020 02:42am

Opinion

Time to go back to import substitution

Globalization has lost its shine for the rich countries which in the first place had been its promoters as they went...

Published 23 Sep, 2020 02:48am

Opinion

Water economy

ARTICLE: As much as half the world's water supply is being stolen, with agriculture responsible for much of that,...

Published 16 Sep, 2020 02:46am

Opinion

The age of geo-economics

ARTICLE: Pakistan's economy needs to grow at an annual average rate of at least 10 per cent of the GDP over the next...

Published 09 Sep, 2020 02:38am

Opinion

A new window of opportunities

ARTICLE: While Tehran's new strategic partnership with Beijing (a 25-year $400b arrangement) will give the Chinese a...

Published 02 Sep, 2020 02:42am

Opinion

STEM (ming) socio-economic stagnation

ARTICLE: For a country like Pakistan which suffers from chronic shortages of capital, energy and technology, the...

Updated 26 Aug, 2020 02:55pm

Opinion

The virtuous cycle

ARTICLE: With the Covid-19 curve seemingly well on course to flattening it is but natural for the PTI-led coalition...

Published 19 Aug, 2020 02:45am

Opinion

Digital food for thought

ARTICLE: The world is said to be producing plenty of food, still the number of undernourished has been rising since...

Published 12 Aug, 2020 02:58am

Opinion

Double trouble?

ARTICLE: Oil prices are tumbling not because of supply glut but because its demand is plummeting. There is virtually...

Published 05 Aug, 2020 03:00am

Opinion

Self-sufficiency is the answer

ARTICLE: The world seems to have been caught between what appears to be a sense of muted hope and a feeling of...

Published 29 Jul, 2020 02:48am

Opinion

'Build a pyramid, if you have to...'

ARTICLE: When you are in a crisis what you do is build an infrastructure-you build a pyramid if you have to, build...

Published 22 Jul, 2020 02:47am

Opinion

'Unbundling corruption'

ARTICLE: Generally, white collar crimes are difficult to solve. In fact, it becomes almost an insurmountable...

Published 15 Jul, 2020 02:43am

Opinion

En route to a welfare state?

ARTICLE: Because of Covid-19 we have already started spending a lot more on health cover than what we have been...

Published 08 Jul, 2020 02:55am

Opinion

Debt suspension initiative

ARTICLE: Pakistan hopes to a make a potential saving of $ 2.7 billion or nearly 1% of 2019 GDP, as the Paris Club,...

Published 01 Jul, 2020 03:09am

Opinion

Mother of all corruption

ARTICLE: Sugar scandal. Atta crisis. Petrol emergency. And many more such outrageous market manipulations are in the...

Published 24 Jun, 2020 03:13am

Opinion

Budgeting for a federation

ARTICLE: The Budget proposals for the next fiscal year read like a statement of hope written with fingers crossed....

Published 17 Jun, 2020 02:50am

Opinion

The Great Reset agenda

ARTICLE: In every crisis, there is an opportunity. And there is certainly a godsent opportunity in the Covid-19...

Published 10 Jun, 2020 03:05am

Opinion

Trapped in a 'catch-22' economic situation

ARTICLE: It is peaking in Pakistan. And there has been no full-blown lockdown as such since the Covid-19 curve...

Updated 14 Jun, 2020 02:42am

Opinion

Housing - a fundamental human right

Article 25 of the Universal Declaration of Human Rights recognizes the right to housing as part of the right to an adequate standard of living. Article 11(1) of the International Covenant on Economic, Social and Cultural Rights (ICESCR) also guarantees th

Published 27 May, 2020 12:06am

Opinion

Food security in the age of Covid-19

There never was any lockdown in the country's agricultural sector. And from the way the NCC and NCOC have been carrying out, their respective efforts over the last two months at meeting the challenges of Covid-19, it appears that for lack of enough testin

Published 20 May, 2020 12:05am

Gainers
Losers
Leaders

Stock	Price
Pak. P.V.C. / Oct 1 Pakistan PVC Limited(PPVC)	3.2800 ▲ 0.41 (14.29%)
Leather Up. / Oct 1 Leather Up Limited(LEUL)	13.8000 ▲ 1.58 (9.90%)
First Pak Modaraba / Oct 1 First Pak Modaraba(PAKMI)	1.7700 ▲ 0.16 (7.99%)
Mian Textile / Oct 1 Mian Textile Industries Limited(MTIL)	5.9067 ▲ 0.27 (4.73%)
KASB Mod. / Oct 1 KASB Modaraba(KASBM)	2.0500 ▲ 0.95 (4.55%)
Tri-Star Power / Oct 1 Tri-Star Power Limited(TSPL)	3.7500 ▲ 0.15 (4.17%)
Ados Pakistan / Oct 1 Ados Pakistan Limited(ADOS)	27.2500 ▲ 0.74 (2.79%)
Feroze1888 / Oct 1 Feroze1888 Mills Limited(FML)	101.0000 ▲ 1.00 (1.00%)
First Elite Cap. Mod. / Oct 1 First Elite Capital Modaraba(FECM)	2.5533 ▲ 0.02 (0.92%)
Aisha Steel(ConPS) / Oct 1 Aisha Steel(ConPS)(ASLPS)	17.5800 ▲ 0.11 (0.46%)

Stock	Price
SME Leasing Ltd. / Oct 1 SME Leasing Limited(SLL)	3.8500 ▼ 1.15 (-22.86%)
Trust Mod. / Oct 1 Trust Modaraba(TRSM)	3.7000 ▼ 0.70 (-18.92%)
Shaheen Ins. / Oct 1 Shaheen Insurance Company Limited(SHNI)	4.9300 ▼ 0.81 (-16.43%)
Pace (Pakistan) / Oct 1 Pace (Pakistan) Limited(PACE)	3.6400 ▼ 0.52 (-13.33%)
K.S.B. Pumps / Oct 1 KSB Pumps Company Limited(KSBP)	320.0000 ▼ 40.00 (-10.48%)
Pakistan Refinery / Oct 1 Pakistan Refinery Limited(PRL)	20.3156 ▼ 1.92 (-9.18%)
First Prud Mod. / Oct 1 First Prudential Modaraba(PMI)	1.3200 ▼ 0.12 (-9.09%)
Unicap Mod. / Oct 1 Unicap Modaraba(UCAPM)	1.1000 ▼ 0.10 (-9.09%)
Grays Leas. / Oct 1 Grays Leasing Limited(GRYL)	8.5000 ▼ 0.74 (-8.71%)
Hi-Tech Lubricants / Oct 1 Hi-Tech Lubricants Limited(HTL)	45.9188 ▼ 4.67 (-8.67%)

Stock	Volume
Hascol Petroleum / Oct 1 Hascol Petroleum Limited(HASCOL)	50,862,000 ▼ 1.90
Unity Foods / Oct 1 Unity Foods Limited(UNITY)	23,507,000 ▼ 0.75
K-Electric Ltd / Oct 1 K-Electric Limited(KEL)	17,424,000 ▼ 0.18
Bank of Punjab / Oct 1 The Bank of Punjab(BOP)	9,611,000 ▼ 0.52
Pakistan Refinery / Oct 1 Pakistan Refinery Limited(PRL)	8,434,500 ▼ 1.92
Fauji Foods / Oct 1 Fauji Foods Limited(FFL)	7,934,500 ▼ 1.24
Pak Int.Bulk Ter / Oct 1 Pakistan International Bulk Terminal Limited(PIBTL)	7,897,000 ▼ 0.84
Avanceon Ltd / Oct 1 Avanceon Limited(AVN)	6,929,000 ▼ 8.72
TRG Pak. / Oct 1 TRG Pakistan Limited(TRG)	6,803,000 ▼ 2.49
Maple Leaf / Oct 1 Maple Leaf Cement Factory Limited(MLCF)	6,681,500 ▼ 1.85

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Sep 30	166.10
USD PKR Interbank Buying / Sep 30	165.90
USD to Japanese Yen / Sep 30	105.65
USD to Swiss Franc / Sep 30	0.92
Pound Sterling to USD / Sep 30	1.29
Euro to USD / Sep 30	1.17

Stock	Volume
S&P 500 / Sep 30	3335.47
India Sensex / Sep 30	37973.22
Tokyo Nikkei / Sep 30	23539.10
Nasdaq / Sep 30	11085.25
Hang Seng / Sep 30	23275.53
FTSE 100 / Sep 30	5897.50
Dow Jones / Sep 30	27452.66
Germany DAX 30 / Sep 30	12825.82
France CAC40 / Sep 30	4832.07

Indicator	Value
Weekly Foreign Reserves / Sep 29	19903.70
GDPGROWTH / Sep 29	5.40
Foreign Debt (PKR billions) / Sep 29	15087.50
Per Capita Income USD (CPI) / Sep 29	1516.00
Average CPI % / Sep 29	11.11
UK LIBOR % / Sep 30	0.08