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Author: Faisal Shahnawaz

  • Dogecoin to Pak Rupee on March 14, 2022

    Dogecoin to Pak Rupee on March 14, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs20.59 on March 14, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs19.89 on March 13, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.11 on March 14, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.11 on March 13, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Dogecoin to Pak Rupee on March 13, 2022

  • NKATI launches industrial area beautification

    NKATI launches industrial area beautification

    KARACHI: North Karachi Association of Trade & Industry (NKATI) has launched drive to beautify industrial area with the collaboration of GFS Builders & Developers and DMC.

    Initially, jointly laid the foundation stone for the renovation of Park and Saba Chowrangi in Sector 16B, a statement said on Sunday.

    READ MORE: NKATI urges PM Imran to reduce petroleum prices

    Maulana Bashir Farooqi, Chairman, Sailani Welfare Trust, Irfan Wahid, CEO, GFS Builders & Developers, Faisal Moiz Khan, President, NKATI, Taha Saleem, Deputy Commissioner & Administrator, Central District, Shabir Ismail, SVP NKATI, VP Naeem Haider, Sadiq Mohammad, S. Tariq Rasheed, Akhtar Ismail, Shaukat Ismail, Naseem Akhtar, Nasir Darwish, Shahid Ansari, Younus Khamisani, Iftikhar Malik, Mahmood Rangoonwala, Farooq Khatura, Faisal Shabo, Syed Nasir Ali, Yasir Ali, Shehzad Elahi, Kashif Ghauri, Sajjad Aziz, Mudassar Saeed and a large number of industrialists were present.

    READ MORE: Pakistan raises petrol price to record high at Rs160/liter

    Maulana Bashir Farooqi, Chairman, Sailani Welfare Trust laid the foundation stone of the project, and offered special prayers. He said that the beginning of beautification of North Karachi Industrial Area is welcome and the efforts of GFS Builders, NKATI, DMC are commendable.

    Bashir Farooqi appreciated the role of the industrialist community in stabilizing the economy and providing employment, and said that the business community should come forward, and set up more and more industries so that no one would be left unemployed.

    READ MORE: NKATI expresses concerns over gas disconnection

    Faisal Moiz Khan, President, North Karachi Association of Trade & Industry (NKATI), said that Karachi’s infrastructure is in bad condition and we will continue to play a vital role in improving Karachi’s infrastructure and enhancing the beauty of the city of lights.

    Faisal lauded the cooperation of GFS Builders & Developers and DMC and said that the renovation of intersections in North Karachi Industrial Area as well as construction of a park in Sector 16-B would provide opportunities for healthy recreation.

    READ MORE: NKATI condemns artificial raw material shortage

    Irfan Wahid, CEO, GFS Builders & Developers, said that GFS will play its role in beautifying Karachi and will continue its cooperation in the style of renovation works in North Karachi Industrial Area with the help of NKATI.

    Taha Saleem, Deputy Commissioner, Central District, welcomed the joint venture of NKATI, GFS, and assured his cooperation, saying that such joint efforts would bring cleanliness and beauty to the Industrial Area.

  • Bitcoin to Pak Rupee on March 13, 2022

    Bitcoin to Pak Rupee on March 13, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs7,002,634.28 on March 13, 2022, in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs6,998,633.21 on March 12, 2022.

    The rate of Bitcoin in US Dollar (USD) is $39,186.54 on March 13, 2022 in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $39,164.15 on March 12, 2022.

    Disclaimer: All data and information is provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Bitcoin to Pak Rupee on March 12, 2022

  • Ripple to Pak Rupee on March 13, 2022

    Ripple to Pak Rupee on March 13, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs142.01 on March 13, 2022, in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs141.51 on March 12, 2022.

    The rate of Ripple in US Dollar (USD) is $0.79 on March 13, 2022, in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.79 on March 12, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Ripple to Pak Rupee on March 12, 2022

  • Dogecoin to Pak Rupee on March 13, 2022

    Dogecoin to Pak Rupee on March 13, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs20.66 on March 13, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs20.64 on March 12, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.12 on March 13, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.12 on March 12, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    Dogecoin to Pak Rupee on March 12, 2022
  • Weekly Review: market likely to stay range bound

    Weekly Review: market likely to stay range bound

    KARACHI: The stock market likely stay range bound during next week owing to political uncertainties after no-confidence motion against the prime minister.

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  • Bitcoin to Pak Rupee on March 12, 2022

    Bitcoin to Pak Rupee on March 12, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs7,005,207.81 on March 12, 2022, in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs6,935,172.67 on March 11, 2022.

    The rate of Bitcoin in US Dollar (USD) is $39,200.94 on March 12, 2022 in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $38,750.03 on March 11, 2022.

    Disclaimer: All data and information is provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    Bitcoin to Pak Rupee on March 11, 2022
  • Ripple to Pak Rupee on March 12, 2022

    Ripple to Pak Rupee on March 12, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs150.24 on March 12, 2022, in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs132.12 on March 11, 2022.

    (more…)
  • Dogecoin to Pak Rupee on March 12, 2022

    Dogecoin to Pak Rupee on March 12, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs20.88 on March 12, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs20.70 on March 11, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.12 on March 12, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.12 on March 11, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    Dogecoin to Pak Rupee on March 11, 2022
  • Pakistan stocks dip 200 points on political uncertainty

    Pakistan stocks dip 200 points on political uncertainty

    KARACHI: Pakistan stocks declined by 200 points on Friday due to political uncertainty and high commodity prices.

    The benchmark KSE-100 index closed at 43,653 points as against previous day’s closing of 43,853.62 points, showing a decrease of 200 points.

    READ MORE: Pakistan stocks gain 810 points on sharp dip in oil prices

    Analysts at Arif Habib Limited said that range bound session was observed today due to political unrest and overheated commodities cycle.

    Market opened in the green zone and stayed volatile throughout the day.

    READ MORE: Stocks gain 165 points on unchanged monetary policy

    Main board activity remained gloomy. On the flip-side, activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks. In the last trading hour, across the board selling was witnessed.

    Sectors contributing to the performance include Commercial Banks (-43.0 points), E&P (-42.0 points), Cement (-40.1 points), Power (-30.0 points) and OMC’s (-19.5 points).

    READ MORE: KSE-100 index sheds 389 points in volatile trading

    Volumes decreased from 271.9 million shares to 149.3 million shares (-45.1 per cent DoD). Traded value also decreased by 29.7 per cent to reach US$ 29.5 million as against US$ 42.0 million.

    Stocks that contributed significantly to the volumes include TPLP, PAELR3, TPL, UNITY and FLYNGR1.

    Analysts at Topline Securities said that range bound activity was observed at the exchange today during the first trading session, as the index juggled between positive and negative zone.

    READ MORE: Pakistan stocks nosedive on world oil, political unrest

    However pressure was observed in the second half of trading session, as investor preferred to reduce their exposure in the market before the weekend given ongoing local political uncertainty and volatility in commodity prices on the backdrop of Russia Ukraine armed conflict.