Trends - commodity - Business Recorder

commodity

Wheat worth Rs330bn imported in 7 months

ISLAMABAD: Wheat worth 330 billion rupees was imported in seven months—from August 2023 to March 2024—and 1.3...

Updated 06 May, 2024 09:19am

Editorials

Punjab’s wheat crisis

EDITORIAL: There’s a reason PML-N (Pakistan Muslim League-Nawaz) is being blamed, and will not be able to escape...

Published 04 May, 2024 05:48am

Markets

Retreat from record high: gold price per tola falls Rs3,500 in Pakistan

Gold rates eased in the local and international markets on Monday as the yellow metal retreated from its record...

Updated 22 Apr, 2024 10:25pm

Business & Finance

Wheat import bill hits $1bn mark

KARACHI: Pakistan spent some one billion dollars on the import of wheat during this fiscal year (FY24) to meet the...

Published 20 Apr, 2024 04:18am

Markets

Soybeans up on short-covering

SINGAPORE: Chicago soybeans gained more ground on Tuesday, rising almost 1% as the market was supported by...

Published 28 Feb, 2024 06:10am

Opinion

Waiting for Ramazan

The holy month of Ramazan is just around the corner. It is a month of piety and sharing and gives the well-to-do a...

Published 17 Feb, 2024 05:51am

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 12, 2024)...

Published 13 Feb, 2024 05:59am

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 21, 2023)...

Published 22 Nov, 2023 05:48am

Markets

Soyabeans, corn up on Brazil weather worry, weaker dollar

HAMBURG: Chicago soyabeans and corn rose on Monday as dealers assessed forecasts of rain for parched Brazilian ...

Published 21 Nov, 2023 06:01am

Opinion

Real cost of cross subsidies

No other commodity in Pakistan creates more economic distortions than electricity. Normal goods, public goods,...

Updated 26 Oct, 2023 06:33am

World

China signs US agriculture purchase agreements in first ceremony in years

CHICAGO: A delegation of commodity importers from China on Monday signed agreements to buy billions of dollars’...

Published 25 Oct, 2023 06:19am

Traders seal 12 deals for import of 0.7m MTs of wheat

KARACHI: Pakistani traders have finalized 12 deals for the import 0.7 million metric tons of wheat to avoid the...

Updated 08 Sep, 2023 09:18am

Markets

Japanese rubber futures post best week in nearly 2 years on softer yen

SINGAPORE: Japanese rubber futures spiked on Friday to their highest levels since early June and recorded their best...

Published 27 Aug, 2023 03:05am

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 11, 2023)...

Published 12 Jul, 2023 06:39am

Pakistan

PM urges int’l community to deliver on commitments made at COP27

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday urged the international community to deliver on commitments made...

Published 24 Jun, 2023 06:02am

Opinion

Helpless against inflation

The government can blame external factors like high commodity prices or IMF’s conditions like withdrawal of...

Published 09 Jun, 2023 06:20am

Markets

CBOT soyabeans fall to new 10-month

CHICAGO: Chicago Board of Trade (CBOT) soyabean futures slid sharply on technical trading on Friday, as investors...

Published 21 May, 2023 04:00am

Pakistan

PA proceedings: Sindh govt says there exists no wheat crisis in province

KARACHI: The treasury on Friday ruled out any wheat crisis in the province, informing the Sindh Assembly on fresh...

Published 06 May, 2023 06:23am

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 10, 2023)...

Published 11 Apr, 2023 03:44am

Markets

Japanese rubber futures dip

SINGAPORE: Japanese rubber futures fell on Thursday, as wild swings in the banking sector this week reduced risk...

Published 17 Mar, 2023 06:15am

Business & Finance

Rice body discusses proposals for boosting production

LAHORE: The sub-committee on ‘rice seed’, which met here on Tuesday with Governor Punjab Muhammad ...

Published 15 Mar, 2023 06:01am

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 13, 2023)...

Published 14 Mar, 2023 03:18am

Markets

Canola futures rise

CHICAGO: ICE canola futures rose on Friday on a round of short-covering by commodity funds ahead of a three-day...

Published 19 Feb, 2023 03:19am

Business & Finance

Prices of essential kitchen items witness rising trend

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against...

Published 29 Jan, 2023 03:15am

BR Research

Deeper into quagmire

The biggest geopolitical conflict to have rocked planet earth in recent years looks likely to turn into an...

Published 23 Jan, 2023 09:40am

Markets

China didn’t drive commodity markets in 2022

LAUNCESTON, (Australia): China’s commodity trade data for 2022 shows that prices and volumes weren’t driven by...

Published 17 Jan, 2023 06:02am

Markets

CBOT soybeans rise on smaller US harvest outlook, Argentina drought

CHICAGO: Chicago Board of Trade soybean futures climbed on Friday on follow-through buying after the US Department ...

Published 15 Jan, 2023 04:01am

Business & Finance

FBR starts virtual assessments of imported consignments

ISLAMABAD: The Federal Board of Revenue (FBR) has started virtual assessments of imported consignments without...

Published 12 Jan, 2023 05:51am

Markets

Iron ore futures down

MANILA: Dalian and Singapore iron ore futures fell on Monday after China’s state planner vowed to ramp up efforts...

Published 10 Jan, 2023 06:00am

Pakistan

Scramble at flour sale point leaves one dead in Mirpurkhas

MIRPURKHAS: The endeavour to get a cheap flour bag resulted in the death of a person in Mirpurkhas in Sindh as...

Published 08 Jan, 2023 03:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	278.32
USD PKR Interbank Buying / May 7	278.12
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
Dow Jones / May 6	38852.27
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44
Hang Seng / May 7	18439.46
FTSE 100 / May 7	8295.53
Germany DAX 30 / May 7	18257.19

Item	Value
Crude Oil USD/Barrel / May 7	78.61
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 7	205761
Gold Spot USD/Ounce / May 7	2322.69
Cotton US¢/pound / May 7	77.61
Petrol/Litre / May 8	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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