News stories for M Ziauddin - Business Recorder

M Ziauddin

Opinion

Afghan economy collapsing

Afghanistan is running out of money fast, its currency is in a tail-spin and prices across the board are going...

Published 03 Nov, 2021 03:54am

Opinion

Samuelson versus Friedman

Successive governments in Pakistan, since independence, have been promising to turn the country into a social ...

Published 27 Oct, 2021 04:50am

Opinion

Economic melt-down in the making?

Pakistan’s oil import bill has widened by over 97 percent to $4.59 billion in the first quarter of current fiscal...

Published 21 Oct, 2021 04:38am

Opinion

Belt and Road vs Build Back Better

The US has decided to confront China in every aspect of human endeavour to keep what Washington regards as the 'free...

Updated 13 Oct, 2021 06:15pm

Opinion

And now Pandora Papers

The Pandora papers, though revealing a gigantic store of hidden treasure of riches beyond the reach of the law and...

Published 06 Oct, 2021 04:17am

Opinion

3D-printed houses

In some parts of the world houses are being built using the 3d printing technology. Countries as rich as the US and...

Published 29 Sep, 2021 03:59am

Opinion

Don’t try to reinvent the wheel

At the fag-end of last month and with the next general elections only 23 months away, Finance Minister Shaukat ...

Published 22 Sep, 2021 03:48am

Opinion

‘Aid-to-Afghanistan Consortium’?

Afghanistan is facing a severe economic downturn that could throw many millions into poverty and hunger, may ...

Published 15 Sep, 2021 04:19am

Opinion

De-dollarisation can pick up speed

A new humanitarian crisis could be imminent in Afghanistan, as the World Food Programme of the United Nations has...

Published 08 Sep, 2021 04:06am

Opinion

The goal was endless war

According to the terms of the Washington-Taliban agreement signed in Doha in February 2020, the US is bound to...

Published 01 Sep, 2021 03:59am

Opinion

Kabul's economic challenges

Perhaps out of pique or anger for what has seemed as an ignominious defeat suffered at the hands of the ramshackle...

Published 25 Aug, 2021 04:43am

Opinion

The economy of relocation

Pakistan’s economy has remained predominantly import based all through the past seven decades. However, since the...

Published 18 Aug, 2021 04:00am

Opinion

China 'out-STEMs' the US

A large share of the best universities in the world is said to be in the United States and they are known for...

Published 11 Aug, 2021 04:27am

Opinion

Trading out of trouble

Last year China announced that it had eradicated extreme poverty. As of 2018 the number of people living in extreme...

Published 04 Aug, 2021 04:14am

Opinion

UK’s role in global illicit finance?

On the face of it, the UK government has made good progress in implementing the actions of its 2019 Economic Crime...

Published 28 Jul, 2021 04:45am

Opinion

Stop the war; ‘Mine’ the economy

Now that the last of the foreign occupying troops are seen leaving Afghanistan it is time to put an end to the...

Published 21 Jul, 2021 01:51am

Opinion

Socio-economic cost: Falling fertility rates in rich world

As we, in the developing countries like Pakistan, worry about perennial population explosion, the situation in the...

Published 14 Jul, 2021 03:59am

Opinion

It is the rich countries, stupid!

The sword of Financial Action Task Force (FATF) is continuing to hang over the head of Pakistan, not because...

Published 07 Jul, 2021 04:28am

Opinion

A new kind of cold war in the offing?

The world is likely to witness a boom in physical infrastructure development activity as the Blue Dot Network (BDN),...

Published 30 Jun, 2021 03:54am

Opinion

An economic mishap in the making

Pakistan’s estimated population, according to the National Institute of Population Studies (NIPS), is 215.25...

Published 23 Jun, 2021 04:26am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Dec 6 Trust Modaraba(TRSM)	2.16 ▲ 0.60 (38.46%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	4 ▲ 1.00 (33.33%)
Treet Corp. (R) / Dec 6 Treet Corporation Limited (R)(TREETR2)	4.14 ▲ 0.76 (22.49%)
LSE Propetech / Dec 6 LSE Propetech Limited(LSEPL)	4.55 ▲ 0.79 (21.01%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	6.51 ▲ 1.00 (18.15%)
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	6.69 ▲ 1.00 (17.57%)
HBL Invest Fund / Dec 6 HBL Investment Fund(HIFA)	3.80 ▲ 0.49 (14.80%)
LSE Ventures / Dec 6 LSE Ventures Limited(LSEVL)	5.57 ▲ 0.71 (14.61%)
F. Nat.Equities / Dec 6 First National Equities Limited(FNEL)	6.70 ▲ 0.80 (13.56%)
Redco Textile / Dec 6 Redco Textiles Limited(REDCO)	6.90 ▲ 0.80 (13.11%)

Stock	Price
Dar-es-Salaam / Dec 6 Dar-es-Salaam Textile Mills Limited(DSML)	7.51 ▼ -0.74 (-8.97%)
Ist.Dawood Bank / Dec 6 First Dawood Investment Bank Limited(FDIBL)	2.30 ▼ -0.19 (-7.63%)
Kohat Textile / Dec 6 Kohat Textile Mills Limited(KOHTM)	19.81 ▼ -1.61 (-7.52%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	208.72 ▼ -16.92 (-7.50%)
Shadman Cotton / Dec 6 Shadman Cotton Mills Limited(SHCM)	14.42 ▼ -1.17 (-7.50%)
Land Mark Spinning / Dec 6 Landmark Spinning Industries Limited(LMSM)	16.47 ▼ -1.33 (-7.47%)
SME Leasing Ltd / Dec 6 SME Leasing Limited(SLL)	1.90 ▼ -0.15 (-7.32%)
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.47 ▼ -0.40 (-6.81%)
Suraj Cotton / Dec 6 Suraj Cotton Mills Limited(SURC)	136.50 ▼ -9.50 (-6.51%)
J.K.Spinning / Dec 6 J.K. Spinning Mills Limited(JKSM)	44 ▼ -3.00 (-6.38%)

Stock	Volume
K-Electric Ltd. / Dec 6 K-Electric Limited(KEL)	143,393,681 ▲ 0.16
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.05
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	56,884,642 ▲ 0.02
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	54,169,500 ▲ 1.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.84
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.06
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.03
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	35,317,902 ▲ 0.99
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▼ -0.61
The Searle Co. / Dec 6 The Searle Company Limited(SEARL)	28,673,613 ▲ 3.11

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	284.43
USD PKR Interbank Buying / Dec 6	284.13
USD to Japanese Yen / Dec 6	147.26
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
Nasdaq / Dec 5	14229.91
Dow Jones / Dec 5	36124.56
India Sensex / Dec 6	69555.66
Tokyo Nikkei / Dec 6	33445.90
Hang Seng / Dec 6	16427.53
FTSE 100 / Dec 6	7516.04
Germany DAX 30 / Dec 6	16541.49
France CAC40 / Dec 6	7392.44

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Crude Oil USD/Barrel / Dec 6	72.27
Gold Spot USD/Ounce / Dec 6	2021.37
Cotton US¢/pound / Dec 6	80.12

Calculate your monthly liability in FY24

Most Popular Articles