Trends - UBG - Business Recorder

UBG

UBG seeks more 3pc cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have criticised the State Bank’s mere 2% reduction in the interest...

Published 14 Sep, 2024 06:45am

Opinion

Factory shutdowns

A week ago, I was invited by the leadership of the Faisalabad Chamber of Commerce and Industry to their city to stir...

Published 10 Sep, 2024 06:32am

Business & Finance

Business leader for 10pc cut in policy rate

KARACHI: Pakistan’s renowned industrialist and United Business Group (UBG) leader, Farhan Hanif, has urged the...

Published 10 Sep, 2024 06:32am

Business & Finance

UBG demands cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have demanded the government to reduce interest rates by 4 to 5...

Published 10 Sep, 2024 06:32am

Business & Finance

FPCCI seeks 400bps cut in interest rate

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government and ...

Updated 07 Sep, 2024 09:00am

Business & Finance

UBG for cut in interest rates in upcoming monetary policy

KARACHI Syed Mazhar Ali Nasir, Vice Chairman UBG Sindh Region has appealed to the government and the State Bank of...

Published 07 Sep, 2024 06:59am

Business & Finance

Businessmen assail poor state of Karachi’s infrastructure

KARACHI: Leaders of the United Business Group (UBG) President Zubair Tufail, Chairman Sindh Zone Khalid Tawab,...

Published 06 Sep, 2024 07:04am

Business & Finance

FPCCI urges govt to cut interest rate to 12pc

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government to reduce...

Published 03 Sep, 2024 07:43am

Opinion

The govt-owned IPPs

The country’s installed power generation capacity stands at 45,885 megawatts, with a notable divide between public...

Published 22 Aug, 2024 06:58am

Markets

Business leaders for swift resolution of IPPs issue

LAHORE: Business leaders call for swift resolution of IPPs issue, citing severe impact on industrialization and...

Published 17 Aug, 2024 07:47am

Business & Finance

Investment in Pakistan: Govt urged to collaborate with FPCCI

LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a...

Published 16 Aug, 2024 06:56am

Business & Finance

Circular debt becomes major obstacle to progress: UBG

KARACHI: The circular debt, a persistent and growing challenge for Pakistan’s economy, has reached alarming levels...

Published 15 Aug, 2024 05:59am

Pakistan

78th Independence Day: FPCCI holds flag-hoisting ceremony

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) organized a flag-hoisting ceremony and...

Published 14 Aug, 2024 07:51am

Business & Finance

Govt’s decision to launch Rs1.1trn scheme for SMEs welcomed

KARACHI: Leaders of United Business Group (UBG), Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazhar Ali Nasir ...

Updated 07 Aug, 2024 07:04am

Business & Finance

UBG welcomes cabinet’s historic visa policy reform

KARACHI: United Business Group (UBG) has welcomed the federal cabinet's historic visa policy reforms, terming it a...

Published 02 Aug, 2024 05:55am

Business & Finance

‘Meagre’ cut in interest rate termed disappointing

KARACHI: United Business Group (UBG) leadership, comprising S M Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar,...

Published 01 Aug, 2024 06:06am

Opinion

Enough is enough!

Overwhelmed by the relentless surge in electricity costs, Pakistan’s business community is at its wits’ end....

Published 31 Jul, 2024 06:40am

Business & Finance

Capacity payment agreements with IPPs: Govt could face severe business disruptions: UBG

KARACHI: Central President of the United Business Group, Zubair Tufail, has warned the government that if the...

Published 27 Jul, 2024 07:08am

Business & Finance

FPCCI demands govt to renegotiate IPPs agreements

KARACHI: The FPCCI Standing Committee on Energy has demanded that the government renegotiate IPPs agreements to save...

Published 19 Jul, 2024 06:58am

Business & Finance

FPCCI urges govt to review agreements with IPPs

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the federal government to...

Updated 16 Jul, 2024 01:03pm

Markets

Tanveer urges Aurangzeb to reduce power tariff

LAHORE: Patron-in-Chief United Business Group (UBG) S M Tanveer has demanded Federal Finance Minister Senator...

Published 09 Jul, 2024 06:22am

Markets

UBG leader says concerned at hike in energy tariffs

KARACHI: SM Tanveer, the patron of the United Business Group (UBG) has expressed grave concerns over the...

Published 07 Jul, 2024 03:08am

Business & Finance

Govt urged not to succumb to IMF pressure

KARACHI: President of United Business Group (UBG), Zubair Tufail has said that the government should not mortgage ...

Published 06 Jul, 2024 06:36am

Markets

Tanveer urges govt to annul agreements with IPPs forthwith

LAHORE: Patron-in-Chief United Business Group (UBG), S M Tanveer, has strongly urged the federal government to ...

Published 04 Jul, 2024 05:47am

Business & Finance

UBG leaders disappointed over 1.5pc reduction in policy rate

KARACHI: Leaders of the United Business Group (UBG), including SM Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar,...

Published 12 Jun, 2024 06:51am

Markets

UBG opposes significant increase in power tariffs by KE

KARACHI: leaders of the United Business Group (UBG), including Chief Petron S.M. Tanveer, President Zubair Tufail,...

Published 11 Jun, 2024 03:17am

Markets

Govt decision to reduce POL products’ prices lauded

KARACHI: Khalid Tawab Regional Chairman United Business Group (UBG) extends his heartfelt appreciation to the...

Published 21 May, 2024 03:39am

Business & Finance

SOEs’ sell-off process: businesspeople urge govt to make live broadcast

KARACHI: Leaders and members of the United Business Group (UBG) S M Tanveer, Zubair Tufail, Khalid Tawab, Hanif...

Published 19 May, 2024 03:00am

Business & Finance

Businessmen, industrialists discuss challenges faced by investors

KARACHI: United Business Group (UBG) leaders Patron-in-Chief SM Tanveer, President Zubair Tufail, General Secretary...

Published 16 May, 2024 06:28am

Pakistan

PM lauded for forming body to address farmers’ grievances

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has applauded the Prime Minister of Pakistan...

Published 12 May, 2024 03:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 13	278.30
USD PKR Interbank Buying / Sep 13	278.03
USD to Japanese Yen / Sep 13	140.85
USD to Swiss Franc / Sep 13	0.85
Pound Sterling to USD / Sep 13	1.31
Euro to USD / Sep 13	1.11

Stock	Volume
S&P 500 / Sep 13	5,626.02
India Sensex / Sep 13	82,890.94
Tokyo Nikkei / Sep 13	36,581.76
Nasdaq / Sep 13	17,683.98
Hang Seng / Sep 13	17,369.09
FTSE 100 / Sep 13	8,273.09
Dow Jones / Sep 13	41,393.78
Germany DAX 30 / Sep 13	18,699.40

Item	Value
Crude Oil USD/Barrel / Sep 13	68.65
Karachi Cotton PKR/37.32 KG / Sep 13	18,735
Gold 10 Grams PKR / Sep 13	226,337
Gold Spot USD/Ounce / Sep 13	2,577.70
Cotton US¢/pound / Sep 13	69.82
Petrol/Litre / Sep 14	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 14 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 14 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 14 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 14 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 14 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 14 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 14 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 14 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 14 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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