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اردو

Jul 09, 2026 اردو

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Business & Finance Print edition: 2023-11-22

FPCCI elections 2024-25: UBG, BMP announce mutual candidates

Published November 22, 2023 Updated November 22, 2023 05:48am

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KARACHI: United Business Group (UBG) and Businessmen Panel (Progressive) have jointly announced Atif Ikram Sheikh as President and Saqib Fayyaz Magoon as Senior Vice President, and VPs candidates for the FPCCI elections 2024-25.

Both the groups allied to jointly contest the FPCCI elections 2024-25 and announced their mutual candidates at a dinner reception hosted by Saqib Fayaz Magoon, Adeel Siddiqui, Khurram Ashfaq, Sham Lal Manglani, Rizwan Ahsan, Imran Hussain and Shabbir Hassan Mansha.

UBG was represented by Zubair Tufail, Zafar Bakhtawari, Khalid Tawab, Sheikh

Riazuddin, Dr Mirza Ikhtiar Baig, Hanif Gohar, Momin Malik, Ali Hasam

Asghar, Amir Atta Bajwa Shaheen Sarwana, Abdul Sami Khan, Arshad

Farooq, Tariq Haleem, Gulzar Feroz, Saleem Bikiya, Ahmed, Chinoy and Aziz Karim

Both groups agreed that the business community is faced with serious challenges that need to be addressed.

The business community has welcomed the alliance.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 8	278.27
USD PKR Interbank Buying / Jul 8	278.07
USD to Japanese Yen / Jul 8	162.43
USD to Swiss Franc / Jul 8	0.81
Pound Sterling to USD / Jul 8	1.34
Euro to USD / Jul 8	1.14
SOFR % / Jul 8	3.64

Stock	Volume
S&P 500 / Jul 8	7,482.71
India Sensex / Jul 8	76,503.60
Tokyo Nikkei / Jul 8	66,819.05
Nasdaq / Jul 8	25,870.65
Hang Seng / Jul 8	24,199.46
FTSE 100 / Jul 8	10,489.04
Dow Jones / Jul 8	52,348.39
Germany DAX 30 / Jul 8	24,897.45
France CAC40 / Jul 8	8,252.66

Item	Value
Crude Oil USD/Barrel / Jul 8	74.23
Karachi Cotton PKR/37.32 KG / Jul 8	18,080
Gold 10 Grams PKR / Jul 8	368,858
Gold Spot USD/Ounce / Jul 8	4,077.04
Cotton US¢/pound / Jul 8	80.67
Petrol/Litre / Jul 9	297.53
Diesel/Litre / Jul 9	309.50

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 9 Dadabhoy Cement Industries Limited(DBCI)	9.55 ▲ 1 (11.7%)
S.G.Power / Jul 9 S.G. Power Limited(SGPL)	104.56 ▲ 9.51 (10.01%)
Baba Farid Sugar / Jul 9 Baba Farid Sugar Mills Limited(BAFS)	431.37 ▲ 39.22 (10%)
Fateh Ind. / Jul 9 Fateh Industries Limited(FIL)	429.14 ▲ 39.01 (10%)
Fateh Sports / Jul 9 Fateh Sports Wear Limited(FSWL)	262.42 ▲ 23.86 (10%)
GOC (Pak) / Jul 9 GOC (Pak) Limited.(GOC)	139.14 ▲ 12.65 (10%)
Pak Leather Crafts / Jul 9 Pak Leather Crafts Limited(PAKL)	72.63 ▲ 6.6 (10%)
Service Textile / Jul 9 Service Industries Textiles Limited(SERT)	52.46 ▲ 4.77 (10%)
Next Capital / Jul 9 Next Capital Limited(NEXT)	19.07 ▲ 1.73 (9.98%)
Premier Insurance / Jul 9 Premier Insurance Limited(PINL)	13.99 ▲ 1.27 (9.98%)

Stock	Price
First Imrooz Mod. / Jul 9 First Imrooz Modaraba(FIMM)	205.02 ▼ -21.25 (-9.39%)
Popular Islamic / Jul 9 Popular Islamic Modaraba(PIM)	22.05 ▼ -2.24 (-9.22%)
Frontier Ceramics / Jul 9 Frontier Ceramics Limited(FRCL)	102.80 ▼ -9.91 (-8.79%)
Dewan Farooque Sp. / Jul 9 Dewan Farooque Spinning Mills Limited(DFSM)	24.30 ▼ -2.32 (-8.72%)
Cordoba Logistics / Jul 9 Cordoba Logistics & Ventures Limited(CLVL)	19.17 ▼ -1.56 (-7.53%)
Khairpur Sug. / Jul 9 Khairpur Sugar Mills Limited(KPUS)	1,606.02 ▼ -114.27 (-6.64%)
AL-Noor Sugar / Jul 9 Al-Noor Sugar Mills Limited(ALNRS)	125 ▼ -6.72 (-5.1%)
Bhanero Textile / Jul 9 Bhanero Textile Mills Limited(BHAT)	851 ▼ -43.29 (-4.84%)
Punjab Oil / Jul 9 Punjab Oil Mills Limited(POML)	158 ▼ -8.04 (-4.84%)
Gulistan Sp. / Jul 9 Gulistan Spinning Mills Limited(GUSM)	10.80 ▼ -0.42 (-3.74%)

Stock	Volume
Cnergyico PK / Jul 9 Cnergyico PK Limited(CNERGY)	15,622,332 ▲ 0.27
Pace (Pak) Ltd. / Jul 9 Pace (Pakistan) Limited(PACE)	14,390,615 ▲ 0.31
K-Electric Ltd. / Jul 9 K-Electric Limited(KEL)	10,172,814 ▲ 0.03
LSE Capital / Jul 9 LSE Capital Limited(LSECL)	6,707,920 ▲ 0.12
Pak Refinery / Jul 9 Pakistan Refinery Limited(PRL)	5,348,049 ▲ 0.99
Dewan Farooque Sp. / Jul 9 Dewan Farooque Spinning Mills Limited(DFSM)	4,860,655 ▼ -2.32
B.O.Punjab / Jul 9 The Bank of Punjab(BOP)	4,141,368 ▲ 0.17
WorldCall Telecom / Jul 9 Worldcall Telecom Limited(WTL)	3,010,354 ▲ 0.01
Pak Elektron / Jul 9 Pak Elektron Limited(PAEL)	1,715,993 ▲ 0.1
Maple Leaf Cement / Jul 9 Maple Leaf Cement Factory Limited(MLCF)	1,698,698 ▲ 0.73