News stories for Zahid Baig - Business Recorder

Zahid Baig

Flour millers reject govt's wheat release policy

LAHORE: Rejecting the wheat issuance policy of the Punjab Government for the current year, Pakistan Flour Mills...

Published 25 Jun, 2020 02:49am

Markets

PASSCO inks MoU with two provinces for supplying wheat

LAHORE: The Pakistan Agricultural Storage & Services Corporation (PASSCO) has entered into an agreement with the...

Published 24 Jun, 2020 03:13am

Pakistan

WWF for urgent action against conditions rife for next pandemic

LAHORE: While the world continues to grapple with the devastating consequences of Covid-19, the WWF is calling for...

Published 19 Jun, 2020 03:27am

Epaper

Rs 337 billion earmarked for ADP

LAHORE: The Punjab government has allocated a sum of Rs 337 billion for the annual development programme (ADP) for...

Published 16 Jun, 2020 03:37am

Business & Finance

Punjab estimates revenue collection at Rs 220.89 billion

LAHORE: The Punjab government has estimated the revenue collection of Rs220.89 billion during the financial year...

Published 16 Jun, 2020 03:37am

Markets

Agriculture and food security: Farmers' bodies term allocation insufficient

LAHORE: Farmers' organisations representatives have termed the allocation made for agriculture and food security in...

Published 13 Jun, 2020 03:31am

Markets

Locust attacks: Government urged to take immediate steps to save rice, cotton crops

LAHORE: Expressing grave concerns over the warning issued by the Food & Agriculture Organization (FAO) of the...

Published 12 Jun, 2020 03:07am

Business & Finance

Stability in flour prices: PFMA, Food Dept agree to work together

LAHORE: The Pakistan Flour Mills Association (PFMA) and the Punjab Food Department representatives discussed the...

Published 11 Jun, 2020 03:00am

Business & Finance

Brick Kiln association demands soft loans

LAHORE: The Brick Kiln Association has urged the Punjab government to extend soft loans to the kiln manufacturing...

Published 10 Jun, 2020 03:05am

Pakistan

Punjab cabinet committee reviews Covid-19 situation

LAHORE: The Punjab government, in the first phase, has decided to procure 1,000 injections approved by the Drug...

Published 07 Jun, 2020 03:13am

Business & Finance

Domestic cement despatches decline by 37.63pc in May

LAHORE: The impact of the construction package announced by the government is yet to be seen as the domestic cement...

Updated 13 Jun, 2020 11:46pm

Pakistan

PFMA, PFD agree to bring stability in flour prices

Pakistan Flour Mills Association (PFMA) and the Punjab Food Department (PFD) high officials held negotiations on Saturday to bring stability to flour prices in the market especially in the province.

Published 31 May, 2020 12:04am

Markets

Supply to KP being finalised today: Punjab food department asked to stop wheat procurement immediately

Senior & Food Minister Punjab Abdul Aleem Khan has directed the Punjab food department to immediately stop wheat procurement after total stocks of wheat reached 4.3 million metric tons.

Published 30 May, 2020 12:06am

Pakistan

PKI, APKF want money 'extorted by sugar mafia' given back to farmers

The Pakistan Kissan Ittehad (PKI) and the All Pakistan Kissan Foundation welcomed the commission's report on sugar industry and urged the government to take stern action against the culprits who were taking benefit from both sides in the name of farmers.

Published 29 May, 2020 12:05am

Pakistan

UN report: Urgent action needed to safeguard biodiversity of world's forests

Urgent action is needed to safeguard the biodiversity of the world's forests amid alarming rates of deforestation and degradation, according to the latest edition of The State of the World's Forests released on Friday.

Published 23 May, 2020 12:06am

Flour millers end strike

On the assurance of addressing their concerns by Punjab Food Minister Abdul Aleem Khan, the Pakistan Flour Mills Association (PFMA) announced on Tuesday to end their strike continued for the last two days.

Published 20 May, 2020 12:05am

Pakistan

PFMA, food secy talks end with no result

Dialogues between the flour millers and the Punjab food secretary remained inconclusive on Monday to convince the millers to call off their strike after which the Pakistan Flour Mills Association (PFMA) announced to continue its strike till acceptance of

Published 19 May, 2020 12:02am

Flour millers say shutting down mills in three provinces

Rejecting the offer of talks by Punjab government, Pakistan Flour Mills Association (PFMA) has announced that it is shutting down is operations from today for an "indefinite" period.

Published 18 May, 2020 12:06am

Flour millers decide to shut down operations in 3 provinces

Flour millers of Punjab, Balochistan and Khyber Pakhtunkhwa have announced to shut down their operations from Monday as a protest against the Punjab food department and district administrations raiding the mills' godowns under the pretext of anti-hoarding

Published 17 May, 2020 12:03am

Pakistan

Government forms 'working group' to make Punjab self-sufficient in food sector

The Punjab government has formed a 'working group' to formulate recommendations for short and long term policy to make the province self-sufficient in food sector.

Published 06 May, 2020 12:04am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Volume
Hub Power Co. / Feb 5 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.00
Cnergyico PK / Feb 5 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.00
Dewan Motors / Feb 5 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.00
Gul Ahmed / Feb 5 Gul Ahmed Textile Mills Limited(GATM)	4,995,028 ▼ 0.00
WorldCall Telecom / Feb 5 Worldcall Telecom Limited(WTL)	4,832,816 ▼ 0.00
TRG Pak Ltd / Feb 5 TRG Pakistan Limited(TRG)	4,574,299 ▼ 0.00
Lotte Chemical / Feb 5 Lotte Chemical Pakistan Limited(LOTCHEM)	3,805,565 ▼ 0.00
K-Electric Ltd. / Feb 5 K-Electric Limited(KEL)	3,686,127 ▼ 0.00
Pak Petroleum / Feb 5 Pakistan Petroleum Limited(PPL)	3,499,066 ▼ 0.00
Nishat Chun.Pow. / Feb 5 Nishat Chunian Power Limited(NCPL)	3,492,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Nasdaq / Feb 3	12006.96
Hang Seng / Feb 3	21660.47
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94

Item	Value
Crude Oil USD/Barrel / Feb 3	73.39
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Gold Spot USD/Ounce / Feb 3	1864.97
Cotton US¢/pound / Feb 3	85.43

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