Trends - Hafeez Sheikh - Business Recorder

Hafeez Sheikh

PARTLY FACETIOUS: Lies are outright lies…

“So what do you reckon? Lies, half-truths or full truth - no, no…that simply is not an option.” “In a world...

Published 03 Aug, 2024 06:46am

Opinion

Aurangzeb: legitimate expectations?

Expectations are extremely high with the appointment of Muhammad Aurangzeb as finance minister on 11 March 2024 – ...

Published 18 Mar, 2024 04:56am

Opinion

PARTLY FACETIOUS: Appointment of yet another revolving finance minister

“I was saddened.” “By what?” “The appointment of yet another revolving finance minister.” “Hey look at...

Published 24 Aug, 2023 06:22am

Opinion

PARTLY FACETIOUS: Dar doesn’t like qualified economists

“Ishaq Dar says that he has to fix the economy that was mishandled by the inexperienced Khan administration.”...

Published 17 Feb, 2023 06:00am

Opinion

PARTLY FACETIOUS: Journalists and generalists

“We are a nation of generalists.” “I don’t get you.” “We have a law minister who has a commerce degree,...

Published 30 Nov, 2022 05:53am

Opinion

PARTLY FACETIOUS: ZB does receive some spiritual guidance

“So any lessons learned?” “As a race we Pakistanis are not given to learning any lessons from our mistakes or...

Published 18 Nov, 2022 05:53am

Opinion

Has Ishaq Dar lost his magic?

Statesmanship demands maintaining a delicate balance between economy and politics. Unfortunately, the scales world...

Published 24 Oct, 2022 05:45am

Opinion

PARTLY FACETIOUS: Our finance ministers

“We have had five finance ministers, not including The Khan’s Interim man Hammad Azhar, so any commonalities...

Published 15 Oct, 2022 05:38am

Opinion

PARTLY FACETIOUS: A conspiracy is brewing…

“I have it on good authority that a conspiracy is brewing.” “Against The Khan again! I mean…” ...

Published 01 Jul, 2022 06:13am

Opinion

PARTLY FACETIOUS: A gag order may work better

“The Boy Who Cried Wolf.” “That Boy fooled his village people three times right and then was eaten by the...

Published 09 Jun, 2022 06:18am

Pakistan

Court issues notice to NAB in reference against Hafeez Sheikh

KARACHI: Accountability Court Karachi on Saturday issued notice to the NAB prosecutor in a graft reference against...

Published 29 May, 2022 06:48am

Pakistan

AC grants interim bail to Hafeez Sheikh

KARACHI: Accountability Court Karachi on Friday granted interim bail to former finance minister Hafeez Sheikh in a...

Published 28 May, 2022 05:11am

Opinion

PARTLY FACETIOUS: Maryam uses daddy’s full name

“Hammad Azhar, our dynamic minister for…for…what’s his latest portfolio?” “Don’t be facetious. You...

Published 07 Dec, 2021 06:29am

Opinion

Markets really hate uncertainty

Markets across Asia rallied on Tuesday as Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Wellington, Taipei, Manila...

Updated 11 Nov, 2021 01:13pm

Editorials

IMF may have its way

EDITORIAL: A Business Recorder exclusive news report has revealed that the government has agreed to pass on the...

Updated 14 Oct, 2021 10:35am

Editorials

Defending the budget

EDITORIAL: The statement of PML-N’s Birjees Tahir on the floor of the house that the budget 2021-22 was a “pack...

Published 23 Jun, 2021 04:26am

Extremely generous Eidi?

The budget 2021-22 can best be described as an extremely generous Eidi to the people of this country: 10 percent...

Updated 12 Jun, 2021 01:43pm

Opinion

PARTLY FACETIOUS: The FY21 growth rate

“Hammad Azhar was the first to boast of a 4 percent growth rate…” “So? He is a member of the cabinet.”...

Published 25 May, 2021 04:40am

Opinion

Perhaps the last chance

Prime Minister Imran Khan this week again said that the appointment of Shaukat Tarin as finance minister is aimed at...

Published 22 May, 2021 04:05am

Opinion

Finance minister Tarin working harder

It is heartening to learn that the government has successfully devised a strategy to move towards sustainable...

Published 12 May, 2021 04:23am

Editorials

Inflation time bomb ticks away

EDITORIAL: That the gap between actual prices of essential food items and rates fixed by district administrations ...

Published 01 May, 2021 03:28am

Opinion

Tarin versus Sheikh

The appointment of Shaukat Tarin as federal finance minister is generating considerable controversy particularly in...

Published 26 Apr, 2021 03:29am

Editorials

PTI and poverty reduction

EDITORIAL: The prime minister has come to the correct conclusion, perhaps a little late in the day, that the success...

Published 24 Apr, 2021 03:21am

Editorials

Putting a lid on inflation

EDITORIAL: Finance Minister Hammad Azhar is right to make rising inflation his top priority right at the start. It...

Published 11 Apr, 2021 05:27am

Opinion

Ghulam Ishaq Khan was extremely good at market dynamics

Like his predecessors, new finance minister Hammad Azhar has ordered a slew of steps aimed at arresting the alarming...

Published 09 Apr, 2021 04:51am

Opinion

Partly Facetious: Politics a big gamble

“There is something about overplaying one’s hands that leads you to defeat.” “I am not sure which card game...

Published 08 Apr, 2021 04:10am

Opinion

Hafeez Sheikh – a final farewell?

Dr Hafeez Sheikh was dismissed on 29 March 2021, ten and a half weeks before completing the six month tenure as the...

Updated 05 Apr, 2021 10:42am

Opinion

In defence of Dr Hafeez Sheikh — II

But how ironic it is that Asad Umar who lost finance portfolio for opposing the IMF programme or its harsh...

Published 02 Apr, 2021 04:58am

Opinion

In defence of Dr Hafeez Sheikh — I

This is apropos a Business Recorder editorial “Hafeez Sheikh: ignominious exit” carried by the newspaper...

Published 01 Apr, 2021 04:10am

Opinion

PARTLY FACETIOUS: Hafeez, too, tested positive for Covid-19

“Now that Hafeez Sheikh has departed…” “He is still in the country I reckon – packing.” “May I tell...

Published 01 Apr, 2021 04:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.76
USD to Swiss Franc / Jun 17	0.81
Pound Sterling to USD / Jun 17	1.36
Euro to USD / Jun 17	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88
India Sensex / Jun 17	81,649.49
Tokyo Nikkei / Jun 17	38,502.10
Hang Seng / Jun 17	23,945.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Petrol/Litre / Jun 17	258.43
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Diesel/Litre / Jun 17	262.59
Cotton US¢/pound / Jun 17	67.96

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.57 ▲ 1 (21.88%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Nets Internat.Comm. / Jun 17 Nets International Communication Limited(GEMNETS)	37.94 ▲ 3.45 (10%)
Macter Int. Ltd / Jun 17 Macter International Limited(MACTER)	467.18 ▲ 42.47 (10%)
Fecto Cement / Jun 17 Fecto Cement Limited(FECTC)	84.49 ▲ 7.68 (10%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Data Agro / Jun 17 Data Agro Limited(DAAG)	101.19 ▲ 9.2 (10%)

Stock	Price
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.36 ▼ -0.49 (-12.73%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	3.48 ▼ -0.4 (-10.31%)
Mandviwala / Jun 17 Mandviwala Mauser Plastic Industries(MWMP)	18.79 ▼ -2.09 (-10.01%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.20 ▼ -1699.99 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
Blue-Ex Ltd / Jun 17 Blue-Ex Limited (GEM)(GEMBLUEX)	58.55 ▼ -6.5 (-9.99%)
Fateh Ind. / Jun 17 Fateh Industries Limited(FIL)	119.58 ▼ -13.25 (-9.98%)
National Silk / Jun 17 The National Silk & Rayon Mills Limited(NSRM)	48.57 ▼ -5.35 (-9.92%)
Aisha Steel (CPS) / Jun 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	17 ▼ -1.75 (-9.33%)
Hussain Industries / Jun 17 Husein Industries Limited(HUSI)	28.06 ▼ -2.74 (-8.9%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	182,166,654 ▲ 0.02
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	71,987,070 ▲ 0.14
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	36,333,177 ▼ -0.49
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	33,772,376 ▲ 0.23
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	33,064,969 ▲ 0.38
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	27,294,301 ▼ -0.3
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	24,960,409 ▲ 0.04
Secure Logistics / Jun 17 Secure Logistics Group Limited(SLGL)	17,788,553 ▲ 1.61
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	16,115,183 ▲ 0.38
Dewan Cement / Jun 17 Dewan Cement Limited(DCL)	16,054,544 ▲ 0.47

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Hafeez Sheikh

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