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Jul 21, 2026 اردو

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Business & Finance Print edition: 2024-10-01

Sheikh Umer Rehan elected PVMA chairman for 2024-26 term

ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pa-kistan Vanaspati Manufacturers Association (PVMA)...

Published October 1, 2024 Updated October 1, 2024 06:49am

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ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pakistan Vanaspati Manufacturers Association (PVMA) for the year 2024-26.

Asjad Arif and Khalid Islam Sheikh were also unanimously elected Senior Vice Chairman and Vice Chairman respectively for the year 2024-2026.

The Secretary General PVMA Monday announced the final results at 80th Annual General Body Meeting of the Association at FPCCI Capital House, Islamabad.

The Executive Committee and Members of PVMA congratulated Sheikh Umer Rehan and hoped that being a veteran, seasoned and experienced person he will fully utilize his potentialities to resolve the problems being faced by the ghee/cooking oil industry.

The event was held at FPCCI Capital House, Islamabad to bid farewell to the outgoing Chairman Sheikh Abdul Razzaque and to welcome the incoming Chairman Sheikh UmerRehan.

Razzaque and Sheikh Umer Rehan, in their speeches highlighted, the challenges being faced by the industry. Sheikh Umer Rehan thanked the members for reposing confidence in him and assured to solve their problems on fast track basis.

PVMA Sheikh Umer Rehan

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Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

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Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
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Leather Up Ltd. / Jul 21 Leather Up Limited(LEUL)	50.58 ▲ 4.6 (10%)
National Silk / Jul 21 The National Silk & Rayon Mills Limited(NSRM)	329.37 ▲ 29.94 (10%)
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Dadabhoy Cement / Jul 21 Dadabhoy Cement Industries Limited(DBCI)	20.58 ▲ 1.87 (9.99%)

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S.G.Power / Jul 21 S.G. Power Limited(SGPL)	79.05 ▼ -8.78 (-10%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	22.75 ▼ -2.36 (-9.4%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.81 ▼ -5.23 (-9.33%)
Imperial Limited / Jul 21 Imperial Limited(IML)	22.20 ▼ -1.81 (-7.54%)
D.M. Corporation / Jul 21 D.M. Corporation Limited(DMC)	185.26 ▼ -12.27 (-6.21%)
Maqbool Textile / Jul 21 Maqbool Textile Mills Limited(MQTM)	31.50 ▼ -1.93 (-5.77%)
Premier Sugar / Jul 21 The Premier Sugar Mills(PMRS)	500.01 ▼ -29.81 (-5.63%)
Adamjee Life Assur. / Jul 21 Adamjee Life Assurance Company Limited(ALIFE)	30.76 ▼ -1.72 (-5.3%)
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,600 ▼ -84.32 (-5.01%)
PICIC Ins.Ltd. / Jul 21 PICIC Insurance Limited(PIL)	5.32 ▼ -0.28 (-5%)

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Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	54,617,454 ▲ 0.26
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	20,138,353 ▲ 0.51
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	15,752,419 ▲ 0.11
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	12,093,587 ▲ 3.2
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F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	6,646,895 ▲ 0
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	4,682,787 ▲ 0.17
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Wasl Mobility Mod. / Jul 21 Wasl Mobility Modaraba(WASL)	3,390,900 ▲ 0.28
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