News stories for Eman Ahmed - Business Recorder

Eman Ahmed

Opinion

A regressive interest rate policy

Against the backdrop of international price hikes and unprecedented floods, the economic outlook for Pakistan in the...

Published 13 Oct, 2022 05:59am

Opinion

Escaping the jaws of stagflation

Amid elevated levels of inflation, the war in Ukraine, and rising interest rates, global economic growth is expected...

Published 31 Aug, 2022 06:27am

Opinion

Financial inclusion for entrepreneurship

The majority of people in developing economies do not have bank accounts, creating an inequitable economic world ...

Published 29 Jul, 2022 06:14am

Opinion

‘Effective’ energy allocation for export growth

Pakistan’s immense economic potential will remain elusive as long as the most productive sectors that enable...

Published 07 Jul, 2022 05:35am

Opinion

Economic growth amid political instability

Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ ...

Published 02 Jun, 2022 06:19am

Opinion

Enhanced exports: the only solution — II

Building the economy necessitates identifying gaps, devising effective policies and working towards consistent...

Published 09 Mar, 2022 06:44am

Opinion

Enhanced exports: the only solution—I

In the Prime Minister’s address to the nation this week, he lauded the export growth achieved over the past 2...

Published 06 Mar, 2022 05:14am

Opinion

Prerequisites for growth—II

Even at a cursory glance, it is evident that nations with greater gender parity have more prosperous economies....

Published 16 Dec, 2021 04:00am

Opinion

Prerequisites for growth—I

Pakistan falls short of its growth objectives time and again, despite setting well-calculated goals, showing that ...

Updated 15 Dec, 2021 07:02am

Opinion

‘Anti-export bias’ stifling growth

Pakistan’s trade imbalance is largely attributed to declining export competitiveness, a point which has been...

Published 17 Nov, 2021 04:22am

Opinion

Critical importance of competitive energy rates across textile value chain

The textile sector of Pakistan has immense significance for the economy, as evidenced by its contribution to the...

Published 27 Oct, 2021 04:50am

Opinion

Better days for cotton

Cotton, once acknowledged as the lifeline of Pakistan’s farmers and a source of raw material to more than 400...

Published 07 Oct, 2021 04:25am

Opinion

The import bill

The higher import bill and current account deficit (CAD) noted in recent months poses serious risks to the...

Published 23 Sep, 2021 04:35am

Opinion

Balancing foreign loans with sustained growth

In order to achieve debt sustainability, improve living standards and absorb the growing labour force, Pakistan’s...

Published 15 Sep, 2021 04:19am

Opinion

Sugar: health, industry, economy — II

The preponderance of sugar over other industries has contributed to the decline of our resilient cotton crop, ...

Published 28 Aug, 2021 03:54am

Opinion

Sugar: health, industry, economy

The role purportedly played by sugar in eroding society, environment, the health and consequently disposable income...

Published 12 Aug, 2021 04:34am

Opinion

Barriers to export-led growth

Exports have been stagnant over the last decade in Pakistan, while competing economies have witnessed commendable...

Published 11 Jul, 2021 04:01am

Opinion

FY22 budget: textile sector’s perspective

The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for ...

Published 01 Jul, 2021 04:10am

Opinion

Untapped export potential

The World Bank in its recent report states that Pakistan’s potential annual exports are $88.1 billion, about four...

Published 28 Apr, 2021 03:18am

Opinion

Regionally competitive energy tariffs

Pakistan’s uncompetitive and inefficient energy mix has rendered economic growth elusive and also raised pertinent...

Published 30 Mar, 2021 05:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Gainers
Losers
Leaders

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.08 ▲ 0.71 (29.96%)
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.17 ▲ 0.67 (26.8%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.18 ▲ 0.58 (22.31%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.84 ▲ 0.33 (21.85%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.64 ▲ 0.74 (18.97%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Reliance Weaving / May 12 Reliance Weaving Mills Limited(REWM)	98.10 ▼ -10.9 (-10%)
Apna Microfin. / May 12 Apna Microfinance Bank Limited(AMBL)	9.90 ▼ -1.05 (-9.59%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	103.20 ▼ -8.99 (-8.01%)
Suhail Jute / May 12 Suhail Jute Mills Limited(SUHJ)	80.01 ▼ -6.59 (-7.61%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Paramount Mod / May 12 First Paramount Modaraba(FPRM)	6.86 ▼ -0.42 (-5.77%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	147.01 ▼ -7.1 (-4.61%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -1.87 (-4.17%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	113,339,802 ▲ 0.55
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	75,586,776 ▲ 1.38
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	65,777,142 ▲ 0.15
Power Cement / May 12 Power Cement Limited(POWER)	38,991,042 ▲ 1.09
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	33,253,495 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,799,662 ▲ 1
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	23,237,026 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,435,724 ▲ 12.58
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,540,297 ▲ 1
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	12,178,931 ▲ 0.96

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