Trends - Construction - Business Recorder

Construction

Cement prices: No promises

Cement manufactuers have managed to keep suitably afloat against sufficiently stacked odds, massive thanks to prices...

Published 07 Jun, 2023 08:41am

Pakistan

NA panel requested to revive pending legislation about CAA

ISLAMABAD: The National Assembly Standing Committee on Aviation was requested to revive pending legislation, which...

Published 07 Mar, 2023 03:16am

BR Research

Construction: No good news

Though manufacturing is undoubtedly suppressed and demand is affected, monthly production of two key construction...

Published 13 Feb, 2023 09:30am

BR Research

It’s all about prices

One could cite a wide range of reasons for cement offtake plunging 22 percent in the Jul-Nov period (year on...

Published 09 Dec, 2022 08:50am

BR Research

Construction: Fight or flight mode on

Long steel makers are urging the SBP to cut interest rates urgently so that steel manufacturers slipping into...

Published 06 Oct, 2022 07:54am

Markets

Iron ore hits one-week high on China demand hopes

SINGAPORE: China’s iron ore prices gained more ground on Wednesday, with the market jumping to a one-week high on...

Published 25 Aug, 2022 07:21am

BR Research

Construction: Adieu!

Despite a substantial, near dramatic rise in steel prices, steel production in the July to May period (11M) ...

Published 14 Jun, 2022 08:22am

Pakistan

PM Shehbaz stresses on industrial collaboration with Turkey

Invites businessmen to invest in hydel, solar and wind projects in Pakistan

Updated 01 Jun, 2022 06:59pm

BR Research

Construction costs: Breaking back!

Last month, the price of steel rebar in the domestic market crossed Rs200,000 per ton more than doubling in a matter...

Published 05 Apr, 2022 08:22am

Pakistan

CM performs groundbreaking of Saggian Road project

LAHORE: Punjab Chief Minister Sardar Usman Buzdar, while addressing the groundbreaking ceremony of Saggian Road...

Published 26 Feb, 2022 04:37am

Pakistan

Construction work on SNHF kicks off

FAISALABAD: Construction work of another landmark project of Shifa International Hospitals Ltd (SIHL), known as ...

Published 01 Feb, 2022 04:07am

PM’s low-cost housing scheme: Considerable increase in borrowing from banks

ISLAMABAD: A meeting of the National Coordination Committee on Housing, Construction and Development was informed...

Updated 07 Jan, 2022 09:45am

BR Research

Construction and housing: Boom, doom or bust?

That this government could facilitate the building of 5 million houses in five years was anyway too outlandish an...

Published 31 Dec, 2021 07:59am

Business & Finance

MPMG: Banks receive Rs245bn mortgage finance applications

Mera Pakistan Mera Ghar (MPMG) scheme by banks is getting traction, latest data by State Bank of Pakistan shows

Updated 11 Dec, 2021 03:39pm

Rs444bn Sindh uplift plan: PM asks depts to prioritise less-developed areas

ISLAMABAD: Prime Minister Imran Khan Friday directed the relevant departments to give priority to the less-developed...

Updated 27 Nov, 2021 12:35pm

Markets

Shanghai steel futures soar

BEIJING: Steel futures prices in China jumped on Monday, with hot-rolled coils and construction rebar climbing more...

Published 23 Nov, 2021 03:54am

Opinion

Patients from Sindh and Balochistan: Under-construction SKMCH&RC facility gives birth to new hope

Construction work for the new Shaukat Khanum Memorial Cancer Hospital and Research Centre...

Published 21 Nov, 2021 04:19am

Pakistan

Govt incentivising construction industry for low-income segment: PM

Says amount of Rs35 billion has been allocated as subsidy for construction of houses

Updated 19 Nov, 2021 07:47pm

BR Research

Ghani Glass Limited

Ghani Glass Limited (PSX: GHGL) was established as a limited liability in 1992, under the Companies Ordinance, 1984...

Published 21 Oct, 2021 07:30am

Pakistan

Highway sector; 23 schemes to be inaugurated in 16 districts of Sindh: minister

KARACHI: Sindh Minister for Works and Services Syed Zia Abbas Shah has said that 23 schemes of highway sector in 16...

Published 11 Oct, 2021 04:32am

Construction of high-rise buildings: Ministerial body to formulate recommendations

ISLAMABAD: A high-level ministerial committee is to formulate recommendations for removal of restrictions on...

Published 05 Oct, 2021 04:05am

BR Research

Construction: Controlling expectations, not prices

Builders and developers want the government to “strictly” control prices of cement and steel because it is...

Published 27 Sep, 2021 07:30am

Editorials

Low-cost housing

EDITORIAL: The construction boom is visible as the market is flooded with developers and new projects. Land prices...

Updated 20 Sep, 2021 10:23am

BR Research

Amreli: Firing up all cylinders

Amreli’s recovery from losses of last year is at par with profits during FY18. In fact, besides that year, FY21 ...

Published 17 Aug, 2021 07:40am

BR Research

Cement: Ready, set

Coming off of new peaks that the industry reached during the last fiscal year—covid-19 and lockdowns be...

Published 09 Aug, 2021 08:40am

Business & Finance

UBG sees huge potential in trade ties with Italy

KARACHI: Leadership of United Business Group (UBG) has said that Pakistan and Italy had a tremendous potential to...

Published 05 Aug, 2021 04:34am

Pakistan

Kamyab Pakistan programme will be an example to follow for the developing world: PM Imran Khan

Programme slated to be launched on August 9

Published 02 Aug, 2021 10:15pm

Pakistan

Additional land lying barren: Govt urged to construct new reservoirs for irrigation

ISLAMABAD: Experts have urged upon the government for construction of new reservoirs for irrigation of additional...

Published 29 Jul, 2021 04:48am

Business & Finance

RCCI to hold exhibition

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) will organize a three-day exhibition on interior,...

Published 26 Jul, 2021 05:21am

Pakistan

Ample opportunities for investors in Sri Lanka: Pak envoy

KARACHI: Pakistan's Ambassador to Sri Lanka Major General Muhammad Saad Khattak (Retd) has said despite Covid-19, ...

Published 18 Jul, 2021 04:14am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

Construction

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