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Hafeez Sheikh

PARTLY FACETIOUS: Lies are outright lies…

Published 03 Aug, 2024 06:46am

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

Aurangzeb: legitimate expectations?

Published 18 Mar, 2024 04:56am

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

PARTLY FACETIOUS: Appointment of yet another revolving finance minister

Published 24 Aug, 2023 06:22am

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

PARTLY FACETIOUS: Dar doesn’t like qualified economists

Published 17 Feb, 2023 06:00am

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

PARTLY FACETIOUS: Journalists and generalists

Published 30 Nov, 2022 05:53am

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

PARTLY FACETIOUS: ZB does receive some spiritual guidance

Published 18 Nov, 2022 05:53am

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

Has Ishaq Dar lost his magic?

Published 24 Oct, 2022 05:45am

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

PARTLY FACETIOUS: Our finance ministers

Published 15 Oct, 2022 05:38am

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

PARTLY FACETIOUS: A conspiracy is brewing…

Published 01 Jul, 2022 06:13am

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

PARTLY FACETIOUS: A gag order may work better

Published 09 Jun, 2022 06:18am

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

Court issues notice to NAB in reference against Hafeez Sheikh

Published 29 May, 2022 06:48am

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

AC grants interim bail to Hafeez Sheikh

Published 28 May, 2022 05:11am

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

PARTLY FACETIOUS: Maryam uses daddy’s full name

Published 07 Dec, 2021 06:29am

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

Markets really hate uncertainty

Updated 11 Nov, 2021 01:13pm

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

IMF may have its way

Updated 14 Oct, 2021 10:35am

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

Defending the budget

Published 23 Jun, 2021 04:26am

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

Extremely generous Eidi?

Updated 12 Jun, 2021 01:43pm

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

PARTLY FACETIOUS: The FY21 growth rate

Published 25 May, 2021 04:40am

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

Perhaps the last chance

Published 22 May, 2021 04:05am

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

Finance minister Tarin working harder

Published 12 May, 2021 04:23am

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

Inflation time bomb ticks away

Published 01 May, 2021 03:28am

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

Tarin versus Sheikh

Published 26 Apr, 2021 03:29am

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

PTI and poverty reduction

Published 24 Apr, 2021 03:21am

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

Putting a lid on inflation

Published 11 Apr, 2021 05:27am

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

Ghulam Ishaq Khan was extremely good at market dynamics

Published 09 Apr, 2021 04:51am

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

Partly Facetious: Politics a big gamble

Published 08 Apr, 2021 04:10am

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

Hafeez Sheikh – a final farewell?

Updated 05 Apr, 2021 10:42am

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

In defence of Dr Hafeez Sheikh — II

Published 02 Apr, 2021 04:58am

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

In defence of Dr Hafeez Sheikh — I

Published 01 Apr, 2021 04:10am

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

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

Published 01 Apr, 2021 04:10am

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

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Hafeez Sheikh

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