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businesses

Closure of businesses: Lahore businesspeople urge govt to reconsider its decision

LAHORE: The Lahore Chamber of Commerce and Industry on Thursday rejected the government decision to close businesses...

Published 24 Nov, 2023 05:29am

Pakistan

Kakar seeks Chinese investment in Pakistan’s renewable energy sector

Caretaker PM says such investments will help Pakistan reduce its burgeoning energy import bill

Updated 17 Oct, 2023 10:53pm

Business & Finance

Businesses praise govt for slashing POL products’ prices

KARACHI: Business and industrial community while appreciating the Caretaker Prime Minister Anwarul Haq Kakar’s...

Published 17 Oct, 2023 05:51am

Opinion

No more business as usual—II

Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution....

Updated 05 Oct, 2023 06:51am

50bps hike in policy rate adds Rs300bn to domestic debt: MoF

ISLAMABAD: The Finance Ministry has disclosed that 0.5 percent (50 basis points) increase in interest rate...

Updated 05 Oct, 2023 11:06am

Opinion

No more business as usual-I

It is stated that Pakistan requires a sustained GDP growth of 7-9% for 30 years, increase focus on reducing...

Updated 04 Oct, 2023 06:58am

Business & Finance

Young entrepreneurs: SECP publishes guidebooks in Balochi, Pushto and Sindhi languages

ISLAMABAD: The Securities and Exchange Commission (SECP) has taken a significant step to empower potential...

Published 11 Aug, 2023 05:17am

Order issued against authorities: Closure of One Customs clearance system hitting businesses: FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has completely shut down the One Customs clearance system since April...

Updated 02 Aug, 2023 09:59am

Markets

PYMA chief opposes increase in electricity tariffs

KARACHI: Sohail Nisar, Senior Vice Chairman, Pakistan Yarn Merchants Association (PYMA) has opposed the significant...

Published 01 Aug, 2023 06:19am

Business & Finance

BoI holds workshop on ‘Regulatory Reforms through Principle-Based Regulatory Framework’

ISLAMABAD: The Board of Investment (BoI) organised a workshop on “Regulatory Reforms through Principle Based...

Published 01 Aug, 2023 06:19am

CCP analysis on SME sector: ‘Complex regulatory regime pushes up cost of doing business’

ISLAMABAD: The Competition Commission of Pakistan (CCP) has declared that the complex regulatory regime has created...

Updated 16 Jul, 2023 09:22am

Opinion

Retrospective tax on windfall income discourages corporatization—II

Whereas, if we compare the Indian windfall tax/duty to the Pakistani windfall tax, it is clear that Section 99D is...

Published 10 Jul, 2023 06:52am

Tax exemptions cost exchequer over Rs2.23trn

Cost of tax exemptions registered a growth of 27.43 per cent during 2022-23 as compared to tax expenditure in 2021-22

Updated 09 Jun, 2023 02:49pm

Business & Finance

Shopkeepers say rising inflation hitting businesses

KARACHI: Members of a delegation from Saddar Cooperative Market sought Karachi Chamber’s assistance in dealing ...

Published 08 Jun, 2023 06:30am

Non-corporate businesses: RRMC suggests hike in tax rates

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has strongly recommended an increase in tax ...

Updated 25 May, 2023 08:53am

Business & Finance

Doing business in country ‘almost impossible’: Zahid

KARACHI: Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum ...

Published 15 May, 2023 06:41am

Business & Finance

GSMA enumerates damages caused by curbs on internet

ISLAMABAD: The Global System for Mobile Communications Association (GSMA) has expressed concerns over the...

Updated 13 May, 2023 06:37am

Business & Finance

SECP registers 1,760 new companies in April

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,760 new companies in April 2023,...

Published 12 May, 2023 06:50am

Business & Finance

Siemens to spin out motors and drives business as Innomotics

BERLIN: Siemens AG said Wednesday that the spin-out of its motors and drives business would result in a wholly owned...

Published 06 Mar, 2023 08:18am

Opinion

Future of the finance profession

When preparing for my first-ever visit to Pakistan, three things came to mind as being of particularly important...

Published 01 Mar, 2023 06:21am

Business & Finance

‘The Future Summit’: Nutshell Group to host 6th edition

KARACHI: Nutshell Group will host the 6th Edition of Pakistan’s largest corporate event, The Future Summit, in the...

Published 14 Feb, 2023 06:33am

Business & Finance

SBP extends one-time facilitation to importers

Advises banks to provide one-time facilitation to all those importers who can either extend their payment terms to 180 days (or beyond) or arrange funds from abroad to settle their pending import payments

Updated 23 Jan, 2023 05:57pm

Pakistan

Businesses urged to report cases of harassment by officials

KARACHI: Chief Collector of Customs Enforcement South Muhammad Yaqoob Mako has said that they try to resolve the...

Published 19 Jan, 2023 05:58am

Business & Finance

Power bills: FBR collects double income tax in Karachi

KARACHI: Despite being victimized by dilapidated road infrastructure, high air pollution, gas shortage,...

Published 05 Jan, 2023 05:58am

Business & Finance

SMEDA formulates proposals for improving business ecosystem in Peshawar

PESHAWAR: Small and Medium Enterprises Development Authority (SMEDA) launched recommendations for improving business...

Published 02 Jan, 2023 05:54am

Business & Finance

FWCCI urges businesses led by women to go for digital marketing

FAISALABAD: Digital Marketing is vital for business growth, women led business should fully adopt this important ...

Published 26 Dec, 2022 05:48am

SC says misuse of NAO hurt many businesses

ISLAMABAD: Chief Justice of Pakistan (CJP) Umar Ata Bandial said the National Accountability Ordinance (NAO), 1999...

Updated 14 Dec, 2022 09:56am

Business & Finance

SRB to form ‘effective’ ADRC to facilitate businesses

KARACHI: On the demand of FPCCI, Sindh Revenue Board (SRB) Chairman Dr. Wasif Ali Memon has announced that an...

Published 10 Dec, 2022 07:05am

Business & Finance

‘The worst is yet to come’: the curse of high inflation

NEW YORK: Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials...

Published 09 Dec, 2022 05:58am

Technology

Meta to bring annual marketing summit to Pakistan this year

ISLAMABAD: Meta is expanding its annual Marketing Summit to more countries in Asia Pacific this year, which includes...

Published 02 Oct, 2022 05:48am

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.74 ▲ 0.74 (12.33%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.20 ▲ 0.24 (12.24%)
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.24 ▲ 0.21 (10.34%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.45 ▲ 0.93 (8.07%)
Safe Mix Con.Lt / Nov 28 Safe Mix Concrete Limited(SMCPL)	13.70 ▲ 1.00 (7.87%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)
Gadoon Textile / Nov 28 Gadoon Textile Mills Limited(GADT)	244.63 ▲ 17.07 (7.50%)

Stock	Price
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Leather Up Ltd. / Nov 28 Leather Up Limited(LEUL)	11.01 ▼ -0.76 (-6.46%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
J.A.Textile / Nov 28 J.A. Textile Mills Limited(JATM)	51 ▼ -3.10 (-5.73%)
HBL Growth Fund / Nov 28 HBL Growth Fund(HGFA)	8.33 ▼ -0.46 (-5.23%)
Adamjee Life Assur. / Nov 28 Adamjee Life Assurance Company Limited(ALIFE)	27 ▼ -1.33 (-4.69%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.30 ▼ -1.48 (-4.66%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	158.90 ▼ -7.75 (-4.65%)
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	3.70 ▼ -0.18 (-4.64%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.21
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.08
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.13
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	20,657,692 ▲ 0.01
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.08
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.80
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.43
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.16
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.09
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.04

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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