News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Monetary policy: how Pakistan's key interest rate has moved over time

Since 2016, the interest rate has moved in a wide band of 750 basis points

Published 24 Jan, 2022 08:18pm

Technology

Pakistan's Find My Doctor raises $5mn in pre-series A funding

Start-up will utilise funds to expand operations

Published 24 Jan, 2022 01:55pm

Markets

Current account deficit increases marginally to $1.93bn in December

Six-month (July-December) deficit in ongoing fiscal year amounts to $9.09 billion

Updated 22 Jan, 2022 06:20pm

Business & Finance

Pakistan's REER declines in December as trade competitiveness improves

REER decreased 1.85% on a monthly basis and remains 6.22 points below its peak of 102.95 recorded in April 2021

Published 21 Jan, 2022 03:29pm

Pakistan

Majority expects status quo in State Bank's upcoming MPC meeting

Meeting is scheduled to be held on January 24
SBP has raised the interest rate in its three previous MPC meetings by a cumulative 275 basis points

Updated 20 Jan, 2022 06:21pm

Business & Finance

Pak Suzuki increases car prices 'owing to mini-budget'

Company attributes hike to recent amendments passed by govt

Published 19 Jan, 2022 10:06pm

Markets

Remittances maintain momentum, amount to $2.5bn in December

July-December inflows clock in at $15.8 billion, up by 11.3% year-on-year

Updated 14 Jan, 2022 05:50pm

Markets

FCA for November: NEPRA raises electricity rate by Rs4.3 per unit

The National Electric Power Regulatory Authority (NEPRA) on Thursday raised electricity tariff by Rs4.3 per unit for...

Published 13 Jan, 2022 05:10pm

Markets

Pakistan's Regal Automobile Industries looks to raise Rs800mn through IPO

Applies for PSX listing, will issue 25 million shares at floor price of Rs32

Updated 12 Jan, 2022 08:19pm

Business & Finance

Yearly basis: Pakistan's passenger car sales accelerate in 2021

PSMC leads the way with 108% year-on-year growth

Published 12 Jan, 2022 02:26pm

Business & Finance

Lucky Motor Corp to launch Peugeot 2008 this month

Lucky Motor Corporation (LMC) is likely to introduce Peugeot 2008 later this month, officials familiar with the...

Updated 10 Jan, 2022 08:47pm

Business & Finance

Mera Pakistan Mera Ghar: Banks approve over Rs117bn for MPMG

Loan approval and disbursement for the government’s flagship markup subsidy scheme, commonly known as Mera ...

Published 06 Jan, 2022 07:04pm

Business & Finance

Pakistan has successfully resolved aviation safety concerns: UN aviation body

ICAO's letter comes as positive for country's aviation sector and its pilots

Updated 05 Jan, 2022 07:12pm

Pakistan

Roshan Digital Account: cumulative inflows reach $3.16bn

SBP says inflow of $244mn recorded in December

Updated 05 Jan, 2022 06:26pm

Markets

7.34mn bales of cotton reach ginneries, up 37% YoY: PCGA

Cotton arrival in Pakistan increased 37% year-on-year, showed the latest fortnightly data released by the Pakistan...

Published 04 Jan, 2022 02:49pm

Technology

Pakistan's startups in 2021: $350mn raised across 81 deals

Pakistan’s startup sector witnessed the best year in 2021, as 81 deals worth $350 million were made, according to ...

Updated 04 Jan, 2022 05:31pm

Markets

Pakistan Rupee sees one of its worst years in 2021

Currency has lost a cumulative 38% in the last 4 years

Published 01 Jan, 2022 09:00pm

Markets

December: Inflation reading comes in at 12.3%, highest in 22 months

In Nov, CPI was reported at 11.5%

Updated 01 Jan, 2022 06:03pm

Markets

Arif Habib Limited expects KSE-100 to make history next year

In its strategy report for 2022, brokerage house says KSE-100 could hit 55,000

Updated 24 Dec, 2021 07:50pm

Business & Finance

Auto financing in Pakistan reaches Rs349bn, but growth slows

Auto financing in Pakistan maintained its upwards trajectory, reaching an all-time high at Rs349 billion in November...

Published 21 Dec, 2021 05:34pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 7	154.44
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.26
Euro to USD / May 7	1.08

Stock	Volume
S&P 500 / May 6	5180.74
Nasdaq / May 6	16349.25
FTSE 100 / May 6	8213.49
Dow Jones / May 6	38852.27
Germany DAX 30 / May 6	18175.21
France CAC40 / May 6	7996.64
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44

Item	Value
Karachi Cotton PKR/37.32 KG / May 6	19935
Gold 10 Grams PKR / May 6	206190
Petrol/Litre / May 7	288.49
Crude Oil USD/Barrel / May 7	78.61
Gold Spot USD/Ounce / May 7	2322.69
Diesel/Litre / May 7	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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