News stories for Zahid Baig - Business Recorder

Zahid Baig

Business & Finance

PTA decries hikes in tariff, minimum wage

LAHORE: The Export Standing Committee of the Pakistan Tanners Association (PTA), expressing the inability of their...

Published 03 Dec, 2023 02:59am

Business & Finance

Nov cement despatches down 2.12pc YoY

LAHORE: Cement despatches declined by 2.12 percent in Nov 2023. Total cement despatches during Nov 2023 were 3.924...

Published 03 Dec, 2023 02:59am

Business & Finance

CCP issues show-cause notices to eight sugar mills

LAHORE: The Cane Commissioner Punjab Abdul Rauf has issued show cause notices under the Punjab Sugar Factories...

Published 02 Dec, 2023 05:09am

Business & Finance

Non-textile sectors: MoC constitutes 21-member ‘Export Advisory Council’

LAHORE: To develop a concrete strategy to boost exports, the Federal Ministry of Commerce has constituted a ...

Published 29 Nov, 2023 05:09am

Business & Finance

President House: REAP going to organise first-ever ‘Biryani Festival’

LAHORE: The Rice Exporters Association of Pakistan (REAP) is organizing the first-ever domestic ‘Biryani...

Published 28 Nov, 2023 04:56am

Pakistan

Sugarcane crushing: Punjab govt issues notification

LAHORE: The Punjab government on Tuesday issued notification for starting the sugarcane crushing season across the...

Published 22 Nov, 2023 05:48am

Business & Finance

14th hybrid heat-tolerant rice variety: successful trial

LARKANA: Longping High-Tech, a leading Chinese agricultural company, in collaboration with its Pakistani ...

Published 21 Nov, 2023 06:02am

Business & Finance

REAP concerned at transportation impediments caused by Axle load restrictions

LAHORE: Expressing concern over axle load restrictions recently slapped by the Punjab Government, Haseeb Ali Khan,...

Published 20 Nov, 2023 06:28am

Business & Finance

Govt urged to allow export of surplus sugar

LAHORE: Sugar millers from Punjab have asked the federal ministry of industries and production to allow immediate...

Published 17 Nov, 2023 06:06am

Markets

Millers divided over govt’s wheat release price?

LAHORE: Flour millers seemed to be divided on the wheat release price of Rs 4700 per maund announced by the Punjab...

Published 10 Nov, 2023 03:07am

Markets

Sugar crushing season to start on 20th: Punjab fixes wheat support price at Rs4,000 per maund

LAHORE: The Punjab government has fixed the support price of wheat for the ongoing season at Rs 4000 per maund while...

Published 09 Nov, 2023 05:38am

Business & Finance

Punjab farmers decry fertiliser shortages, overpricing

LAHORE: Farmers and their representative organisation are complaining about either non-availability of fertilisers ...

Published 07 Nov, 2023 06:33am

Business & Finance

Oct cement despatches decline 5.78pc YoY

LAHORE: Cement despatches during October 2023 were registered at 4.007 million tons against 4.253 million tons...

Published 04 Nov, 2023 06:00am

Punjab urges Centre to procure cotton at Rs 8,500/maund

LAHORE: Expressing concerns over dwindling prices of cotton, the Punjab government has asked the federation to...

Updated 24 Oct, 2023 09:39am

Markets

Punjab sets wheat production target for Kharif

LAHORE: The Punjab province, which produces about 76 per cent of country’s total wheat, has set a production ...

Published 19 Oct, 2023 05:10am

Business & Finance

Agri sector needs major transformation: Experts

LAHORE: Experts are of the view that Pakistan’s agricultural sector needs a major transformation to meet its...

Published 05 Oct, 2023 06:23am

Business & Finance

Sept cement despatches decline 3.96pc YoY

LAHORE: Cement despatches declined by 3.96% in Septmber 2023 as the total despatches during last month stood at ...

Published 04 Oct, 2023 06:20am

Pakistan

Review Committee to tackle environmental pollution from factories

LAHORE: The Punjab government on Monday warned of an indiscriminate action against the factories causing...

Published 26 Sep, 2023 06:33am

Pakistan

IWMI introduces ‘soil moisture sensors’ technology in Okara

LAHORE: International Water Management Institute (IWMI) has introduced cutting-edge scientific instruments called...

Published 25 Sep, 2023 06:34am

Markets

FSC&RD has made local production of imported varieties, hybrids compulsory

NATHIA GALI: The Federal Seed Certification & Registration Department has made local production of imported...

Published 19 Sep, 2023 06:31am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Dec 6 Trust Modaraba(TRSM)	2.16 ▲ 0.60 (38.46%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	4 ▲ 1.00 (33.33%)
Treet Corp. (R) / Dec 6 Treet Corporation Limited (R)(TREETR2)	4.14 ▲ 0.76 (22.49%)
LSE Propetech / Dec 6 LSE Propetech Limited(LSEPL)	4.55 ▲ 0.79 (21.01%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	6.51 ▲ 1.00 (18.15%)
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	6.69 ▲ 1.00 (17.57%)
HBL Invest Fund / Dec 6 HBL Investment Fund(HIFA)	3.80 ▲ 0.49 (14.80%)
LSE Ventures / Dec 6 LSE Ventures Limited(LSEVL)	5.57 ▲ 0.71 (14.61%)
F. Nat.Equities / Dec 6 First National Equities Limited(FNEL)	6.70 ▲ 0.80 (13.56%)
Redco Textile / Dec 6 Redco Textiles Limited(REDCO)	6.90 ▲ 0.80 (13.11%)

Stock	Price
Dar-es-Salaam / Dec 6 Dar-es-Salaam Textile Mills Limited(DSML)	7.51 ▼ -0.74 (-8.97%)
Ist.Dawood Bank / Dec 6 First Dawood Investment Bank Limited(FDIBL)	2.30 ▼ -0.19 (-7.63%)
Kohat Textile / Dec 6 Kohat Textile Mills Limited(KOHTM)	19.81 ▼ -1.61 (-7.52%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	208.72 ▼ -16.92 (-7.50%)
Shadman Cotton / Dec 6 Shadman Cotton Mills Limited(SHCM)	14.42 ▼ -1.17 (-7.50%)
Land Mark Spinning / Dec 6 Landmark Spinning Industries Limited(LMSM)	16.47 ▼ -1.33 (-7.47%)
SME Leasing Ltd / Dec 6 SME Leasing Limited(SLL)	1.90 ▼ -0.15 (-7.32%)
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.47 ▼ -0.40 (-6.81%)
Suraj Cotton / Dec 6 Suraj Cotton Mills Limited(SURC)	136.50 ▼ -9.50 (-6.51%)
J.K.Spinning / Dec 6 J.K. Spinning Mills Limited(JKSM)	44 ▼ -3.00 (-6.38%)

Stock	Volume
K-Electric Ltd. / Dec 6 K-Electric Limited(KEL)	143,393,681 ▲ 0.16
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.05
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	56,884,642 ▲ 0.02
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	54,169,500 ▲ 1.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.84
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.06
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.03
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	35,317,902 ▲ 0.99
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▼ -0.61
The Searle Co. / Dec 6 The Searle Company Limited(SEARL)	28,673,613 ▲ 3.11

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	284.43
USD PKR Interbank Buying / Dec 6	284.13
USD to Japanese Yen / Dec 6	147.26
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
Nasdaq / Dec 5	14229.91
Dow Jones / Dec 5	36124.56
India Sensex / Dec 6	69555.66
Tokyo Nikkei / Dec 6	33445.90
Hang Seng / Dec 6	16427.53
FTSE 100 / Dec 6	7516.04
Germany DAX 30 / Dec 6	16541.49
France CAC40 / Dec 6	7392.44

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Crude Oil USD/Barrel / Dec 6	72.27
Gold Spot USD/Ounce / Dec 6	2021.37
Cotton US¢/pound / Dec 6	80.12

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