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Sep 14, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance

Nobel laureate Stiglitz says global tax plan should aim higher

AFP 07 Sep 2021

CERNOBBIO, (Italy): Nobel economics prize laureate Joseph Stiglitz praised international backing for a global tax on corporations but said the minimum rate agreed by governments to battle "the dark side of globalisation" remains too low.

More than 130 nations have supported a plan to introduce a tax floor of at least 15 percent aimed at preventing countries from competing to offer the lowest rates in order to attract multinationals seeking to minimise their tax bills.

global tax Nobel economics prize laureate Joseph Stiglitz

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Stock	Price
Universal Ins. / Sep 14 The Universal Insurance Company Limited(UVIC)	5.67 ▲ 0.67 (13.40%)
Yousuf Weaving / Sep 14 Yousaf Weaving Mills Limited(YOUW)	8.89 ▲ 1.00 (12.67%)
Habib Metro Mod / Sep 14 Habib Metro Modaraba(HMM)	8.39 ▲ 0.94 (12.62%)
Samba Bank / Sep 14 Samba Bank Limited(SBL)	9.00 ▲ 1.00 (12.50%)
Power Cement Pref. / Sep 14 Power Cement Preference(POWERPS)	11.23 ▲ 1.00 (9.78%)
B. F. Mod. / Sep 14 B.F. Modaraba(BFMOD)	12.20 ▲ 1.00 (8.93%)
First Pak Modaraba / Sep 14 First Pak Modaraba(PAKMI)	4.00 ▲ 0.30 (8.11%)
Allied Rental Mod / Sep 14 Allied Rental Modaraba(ARM)	14.18 ▲ 1.00 (7.59%)
AKD Hospitality / Sep 14 AKD Hospitality Limited(AKDHL)	387.00 ▲ 27.00 (7.50%)
Allawasaya Tex / Sep 14 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1558.09 ▲ 108.70 (7.50%)

Stock	Price
First IBL Mod. / Sep 14 First IBL Modaraba(FIBLM)	3.01 ▲ -0.69 (-18.65%)
Service Fabrics (R) / Sep 14 Service Fabrics Limited (R)(SERFR)	2.82 ▲ -0.48 (-14.55%)
First AL-Noor Mod. / Sep 14 First Al-Noor Modaraba(FANM)	3.30 ▲ -0.40 (-10.81%)
Pak Oilfields / Sep 14 Pakistan Oilfields Limited(POL)	354.90 ▲ -34.65 (-8.89%)
Attock Petroleum / Sep 14 Attock Petroleum Limited(APL)	313.20 ▲ -28.86 (-8.44%)
Premier Ins. / Sep 14 Premier Insurance Limited(PINL)	5.98 ▲ -0.51 (-7.86%)
A. Shah Ghazi / Sep 14 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	11.78 ▲ -1.00 (-7.82%)
Attock Ref. / Sep 14 Attock Refinery Limited(ATRL)	224.02 ▲ -18.16 (-7.50%)
Buxly / Sep 14 Buxly Paints Limited(BUXL)	414.81 ▲ -33.63 (-7.50%)
First Imrooz Mod. / Sep 14 First Imrooz Modaraba(FIMM)	174.73 ▲ -14.16 (-7.50%)

Stock	Volume
Byco Petroleum / Sep 14 Byco Petroleum Pakistan Limited(BYCO)	70,873,500 ▼ 0.00
Telecard Ltd. / Sep 14 Telecard Limited(TELE)	51,041,000 ▼ 0.00
Worldcall / Sep 14 Worldcall Telecom Limited(WTL)	25,210,500 ▼ 0.00
Azgard Nine / Sep 14 Azgard Nine Limited(ANL)	22,070,500 ▼ 0.00
Hum Network / Sep 14 Hum Network Limited(HUMNL)	21,857,000 ▼ 0.00
Service Fabrics (R) / Sep 14 Service Fabrics Limited (R)(SERFR)	20,660,000 ▼ 0.00
TPL Properties / Sep 14 TPL Properties Limited(TPLP)	18,777,000 ▼ 0.00
Yousuf Weaving / Sep 14 Yousaf Weaving Mills Limited(YOUW)	10,982,500 ▼ 0.00
TPL Corp / Sep 14 TPL Corp Limited(TPL)	10,956,000 ▼ 0.00
K-Electric Ltd / Sep 14 K-Electric Limited(KEL)	10,768,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 13	168.10
USD PKR Interbank Buying / Sep 13	168.00
USD to Japanese Yen / Sep 13	110.01
USD to Swiss Franc / Sep 13	0.92
Pound Sterling to USD / Sep 13	1.38
Euro to USD / Sep 13	1.18
UK LIBOR % / Sep 13	0.07

Stock	Volume
S&P 500 / Sep 13	4468.73
India Sensex / Sep 13	58177.76
Tokyo Nikkei / Sep 13	30447.37
Nasdaq / Sep 13	15105.58
Hang Seng / Sep 13	25813.81
FTSE 100 / Sep 13	7068.43
Dow Jones / Sep 13	34869.63
Germany DAX 30 / Sep 13	15701.42
France CAC40 / Sep 13	6676.93