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اردو

Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2024-10-02

IAP elects its new Executive Committee for 2024-26

Press Release Published October 2, 2024

KARACHI: The Insurance Association of Pakistan (IAP) has elected its new Executive Committee for the year 2024-26 who will assume their office from 1st October 2024, with Shoaib Javed Hussain as Chairman, Muhammad Hisham as Senior Vice Chairman and Syed Ather Abbas as Vice Chairman.

The full composition of newly elected members of the Executive Committee for the year 2024-26 is as follows:

=====================================================================
EXECUTIVE COMMITTEE
=====================================================================
1. Shoaib Javed Hussain, Chairman     State Life Insurance Corp. Pak.
2. Muhammad Hisham, Senior                 IGI General Insurance Ltd.
Vice Chairman
3. Syed Ather Abbas, Vice Chairman           Habib Insurance Co. Ltd.
4. Javed Ahmed                        Jubilee Life Insurance Co. Ltd.
5. Jehanzeb Zafar                       Askari Life Assurance Co. Ltd
6. Manzar Mushtaq                     Adamjee Life Assurance Co. Ltd.
7. Mohammed Ali Ahmed                      EFU Life Assurance Limited
8. Nadeem Ahmed                            Adamjee Insurance Co. Ltd.
9. Syed Nayyar Hussain Zaidi                   Salaam Takaful Limited
10. Umer Haroon                          East West Insurance Co. Ltd.
11. Waqas Ahmad                      Pak-Qatar Family Takaful Ltd.-PR
=====================================================================

IAP new Executive Committee

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 10	280.65
USD PKR Interbank Buying / Apr 10	280.45
USD to Japanese Yen / Apr 10	146.33
USD to Swiss Franc / Apr 10	0.85
Pound Sterling to USD / Apr 10	1.29
Euro to USD / Apr 10	1.10
UK LIBOR % / Apr 8	4.96

Stock	Volume
S&P 500 / Apr 9	5,456.90
India Sensex / Apr 9	73,847.15
Nasdaq / Apr 9	17,124.97
Dow Jones / Apr 9	40,608.45
Tokyo Nikkei / Apr 10	34,609
Hang Seng / Apr 10	20,681.78
FTSE 100 / Apr 10	7,991.30
Germany DAX 30 / Apr 10	20,795.81
France CAC40 / Apr 10	7,230.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	17,085
Gold 10 Grams PKR / Apr 9	275,205
Cotton US¢/pound / Apr 9	66.63
Crude Oil USD/Barrel / Apr 10	60.72
Gold Spot USD/Ounce / Apr 10	3,105.88
Petrol/Litre / Apr 11	254.63
Diesel/Litre / Apr 11	258.64

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Apr 10 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▲ 1 (14.08%)
Burj Clean Energy Modaraba / Apr 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9 ▲ 1 (12.5%)
Pak Agro Pack. (GEM) / Apr 10 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.85 ▲ 0.79 (11.19%)
Nazir Cotton Mills / Apr 10 Nazir Cotton Mills Limited(NCML)	11.84 ▲ 1.08 (10.04%)
Pak Gulf Leasing / Apr 10 Pak-Gulf Leasing Company Limited(PGLC)	17.79 ▲ 1.62 (10.02%)
Frontier Ceram / Apr 10 Frontier Ceramics Limited(FRCL)	24.59 ▲ 2.24 (10.02%)
Tandlianwala Sugar / Apr 10 Tandlianwala Sugar Mills Limited(TSML)	73.99 ▲ 6.73 (10.01%)
Sanghar Sugar / Apr 10 Sanghar Sugar Mills Limited(SANSM)	53.19 ▲ 4.84 (10.01%)
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	39.13 ▲ 3.56 (10.01%)
Air Link Com. / Apr 10 Air Link Communication Limited(AIRLINK)	173.15 ▲ 15.74 (10%)

Stock	Price
JS Mom. Factor ETF / Apr 10 JS Momentum Factor ETF(JSMFETF)	11.69 ▼ -1.58 (-11.91%)
Premier Sugar / Apr 10 The Premier Sugar Mills(PMRS)	324 ▼ -36 (-10%)
Fateh Ind. / Apr 10 Fateh Industries Limited(FIL)	121.01 ▼ -11.82 (-8.9%)
Pak. P.V.C. / Apr 10 Pakistan PVC Limited(PPVC)	8.26 ▼ -0.74 (-8.22%)
Sardar Chemical / Apr 10 Sardar Chemical Industries Limited(SARC)	32.25 ▼ -2.41 (-6.95%)
Tri-Star Power / Apr 10 Tri-Star Power Limited(TSPL)	6.62 ▼ -0.42 (-5.97%)
Elahi Cot. / Apr 10 Elahi Cotton Mills Limited(ELCM)	128.80 ▼ -7.6 (-5.57%)
Gulshan Sp. / Apr 10 Gulshan Spinning Mills Limited(GSPM)	3.11 ▼ -0.18 (-5.47%)
Pak Gen.Ins. / Apr 10 The Pakistan General Insurance Co. Ltd.(PKGI)	9 ▼ -0.48 (-5.06%)
United Brands / Apr 10 United Brands Limited(UBDL)	22.09 ▼ -1.14 (-4.91%)

Stock	Volume
Cnergyico PK / Apr 10 Cnergyico PK Limited(CNERGY)	86,201,675 ▲ 0.18
K-Electric Ltd. / Apr 10 K-Electric Limited(KEL)	57,719,498 ▲ 0.34
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	44,728,211 ▲ 3.56
Pak Int.Bulk / Apr 10 Pakistan International Bulk Terminal(PIBTL)	37,513,715 ▲ 0.76
Maple Leaf Cement / Apr 10 Maple Leaf Cement Factory Limited(MLCF)	20,991,880 ▲ 0.92
PIA Holding Co.Ltd / Apr 10 PIA Holding Company Limited(PIAHCLA)	20,463,930 ▼ -0.11
Pak Elektron / Apr 10 Pak Elektron Limited(PAEL)	20,122,690 ▲ 4.08
Fauji Cement / Apr 10 Fauji Cement Company Limited(FCCL)	19,229,506 ▲ 0.12
At-Tahur Ltd. / Apr 10 At-Tahur Limited(PREMA)	19,056,551 ▲ 3.8
WorldCall Telecom / Apr 10 Worldcall Telecom Limited(WTL)	16,620,477 ▲ 0.03