Trends - ECC - Business Recorder

ECC

Fixation of cotton intervention price: Cabinet refers back ECC’s decision

ISLAMABAD: The Federal Cabinet has referred back a decision of the Economic Coordination Committee (ECC) on fixation...

Updated 28 Jul, 2021 10:09am

ECC likely to allow import of 100,000 MT of sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to allow import of 100,000 metric tons...

Published 28 Jul, 2021 04:20am

ECC to consider Strategic Trade Policy Framework 2020-25 today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to consider Strategic Trade Policy...

Updated 28 Jul, 2021 10:16am

Refined sugar import: MoF asked to arrange Rs18bn

ECC approved the proposal with the modification that the Finance Division shall provide the amount required for the import of 200,000 metric tons of sugar through a supplementary grant or through some other financial arrangement

Updated 27 Jul, 2021 09:24am

Nishat Chunian IPPs: Implementation Committee likely to meet this week

ISLAMABAD: In the light of a decision of a meeting of the Cabinet Committee of Energy (CCoE) of July 15, 2021, the...

Updated 27 Jul, 2021 10:38am

Business & Finance

Sugar, ghee, flour: Ministry seeks increase in prices of subsidised items at USC

ISLAMABAD: The Ministry of Industries and Production has sought increase in prices of subsidised items - sugar, ...

Published 25 Jul, 2021 05:20am

Markets

Rs5,000 per maund price for cotton insufficient: growers

LAHORE: Differing growers' organizations have termed the support price of Rs 5,000 per maund for the cotton ...

Published 20 Jul, 2021 04:14am

Business & Finance

ECC has approved financial setoff mechanism for govt-owned IPPs: Hammad Azhar

Minister for Energy says this will reduce circular debt by Rs116 billion

Published 16 Jul, 2021 02:19pm

IPPs established under 2002 policy: Power Division backed out of IAs?

ISLAMABAD: Power Division is said to have “backed out” of Implem-entation Agreements (IAs) with the Independent...

Published 13 Jul, 2021 04:40am

Platform for devolved system: NEC and CCI need to be strengthened: Umar

ISLAMABAD: The National Economic Council (NEC) and the Council of Common Interests (CCI) need to be strengthened for...

Updated 11 Jul, 2021 01:12pm

PSGP project: CCoE censures PD for inordinate delay

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has censured Petroleum Division for inordinate delay in...

Published 03 Jul, 2021 03:19am

Pakistan

Ministry of Economic Affairs: NGOs e-portal, help desk facility inaugurated

ISLAMABAD: Minister for Economic Affairs, Omar Ayub Khan, inaugurated the NGOs e-Portal and help desk facility in ...

Published 01 Jul, 2021 04:10am

IPPs of Power Policy 2002: NAB allows Power Division to process payments

ISLAMABAD: National Accountability Bureau (NAB) has reportedly allowed Power Division to process payments of...

Updated 01 Jul, 2021 11:15am

Opinion

Cotton under the govt spotlight

Monday's meeting of Economic Coordination Committee (ECC) of the Cabinet deserves praise for it has taken a key...

Published 30 Jun, 2021 03:54am

Proposal regarding MPL: Ishrat, Tarin have differences

ISLAMABAD: Finance Minister, Shaukat Tarin and Advisor to Prime Minister on Institutional Reforms and Austerity, Dr....

Published 30 Jun, 2021 03:54am

ECC takes decisions on sugar, cotton

Approves tender for import of 100,000 tons of sugar
Constitutes committee to help increase cotton production in the next fiscal year
Also directs Petroleum Division, Finance Division, and PSO to provide a timeframe for payment of outstanding dues to PNSC

Updated 29 Jun, 2021 12:11pm

Opinion

Three joint border markets

According to a Business Recorder report, a meeting of the Economic Coordination Committee (ECC) of the Cabinet has...

Published 25 Jun, 2021 04:20am

Roosevelt Hotel: Govt for putting a cap on recurring liabilities

Wants Aviation Division to formulate viable future plan

Updated 24 Jun, 2021 11:43am

ECC approves Rs300m allocation for three joint border markets in Balochistan

In the first phase, it was directed that two pilot projects at Gabd and Mond in Balochistan have to be executed

Updated 24 Jun, 2021 11:41am

Pakistan

NGOs to be categorised with reference to risk assessment

ISLAMABAD: The federal government is to categorize different Non-Governmental Organisations (NGOs) with reference to...

Published 23 Jun, 2021 04:26am

Wholesale power market: CPPA-G putting finishing touches to rules

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) is giving final touches to rules for the...

Published 23 Jun, 2021 04:26am

Ehsaas Kafalat: ECC approves indexation policy

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved indexation policy that...

Published 22 Jun, 2021 04:46am

Markets

PASSCO to receive 300,000 metric tons of wheat by July 2021

LAHORE: The Pakistan Agricultural Services & Storage Corporation (PASSCO) will be receiving 300,000 metric tons...

Published 22 Jun, 2021 04:46am

Covid-19 vaccine supplies: What has actually aggravated the situation?

ISLAMABAD: Ministry of Finance’s (MoF’s) reluctance to provide required foreign exchange for procurement of...

Published 20 Jun, 2021 03:39am

Azhar to sort out matters relating to KE

ISLAMABAD: The federal government has reportedly given the lead role to Minister for Energy, Hammad Azhar in...

Published 17 Jun, 2021 03:27am

Payment to IPPs established under 2002 policy: ECC defers decision

ISLAMABAD: The Economic Coordination Committee (ECC) is said to have deferred its decision regarding payment to...

Updated 17 Jun, 2021 02:32pm

Strategic reserves: Import of 3mn tons of wheat approved

ECC also approved $ 17.3 million for Pakistan International Airlines Investment Limited for payment of recurring as well as one-off liabilities in respect of Roosevelt Hotel

Updated 17 Jun, 2021 01:29pm

Additional power supply to KE severed, restored

Gainers
Losers
Leaders

Stock	Price
Sally Tex. / Jul 29 Sally Textile Mills Limited(SLYT)	5.39 ▲ 0.79 (17.17%)
Security Bank / Jul 29 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
Ist Paramount / Jul 29 First Paramount Modaraba(FPRM)	8.80 ▲ 1.00 (12.82%)
Tri-Star / Jul 29 Tri-Star Mutual Fund Limited(TSMF)	7.49 ▲ 0.81 (12.13%)
Dewan Farooque Motors / Jul 29 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Ghazi Fab. / Jul 29 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Thal LTD / Jul 29 Thal Limited(THALL)	434.16 ▲ 30.28 (7.50%)
Thal Ind. / Jul 29 The Thal Industries Corporation Limited(TICL)	320.68 ▲ 22.37 (7.50%)
Arpak Int. / Jul 29 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
First Tri-Star Mod. / Jul 29 First Tri-Star Modaraba(FTSM)	14.78 ▲ 1.03 (7.49%)

Stock	Price
Image Pakistan / Jul 29 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	2.72 ▲ -0.33 (-10.82%)
First Fid. Leas. / Jul 29 First Fidelity Leasing Modaraba(FFLM)	3.02 ▲ -0.28 (-8.48%)
Blessed Tex. / Jul 29 Blessed Textiles Limited(BTL)	475.45 ▲ -38.55 (-7.50%)
Gatron Ind. / Jul 29 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Pak Engg. / Jul 29 Pakistan Engineering Co Limited(PECO)	392.73 ▲ -31.84 (-7.50%)
Prosperity / Jul 29 Prosperity Weaving Mills Limited(PRWM)	46.38 ▲ -3.76 (-7.50%)
Khairpur / Jul 29 Khairpur Sugar Mills Limited(KPUS)	65.59 ▲ -5.31 (-7.49%)
Mehran Sugar / Jul 29 Mehran Sugar Mills Limited(MRNS)	53.58 ▲ -4.34 (-7.49%)
Dawood Equities / Jul 29 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)

Stock	Volume
Worldcall / Jul 29 Worldcall Telecom Limited(WTL)	49,369,000 ▼ 0.00
Byco Petroleum / Jul 29 Byco Petroleum Pakistan Limited(BYCO)	46,970,500 ▼ 0.00
Unity Foods / Jul 29 Unity Foods Limited(UNITY)	16,065,452 ▼ 0.00
Fauji Fert. Bin / Jul 29 Fauji Fertilizer Bin Qasim Limited(FFBL)	10,222,000 ▼ 0.00
Hum Network / Jul 29 Hum Network Limited(HUMNL)	10,015,500 ▼ 0.00
Aisha Steel / Jul 29 Aisha Steel Mills Limited(ASL)	9,649,500 ▼ 0.00
Silkbank / Jul 29 Silkbank Limited(SILK)	9,425,000 ▼ 0.00
Hascol Petroleum / Jul 29 Hascol Petroleum Limited(HASCOL)	9,171,860 ▼ 0.00
TPL Corp / Jul 29 TPL Corp Limited(TPL)	8,869,500 ▼ 0.00
P.T.C.L.A / Jul 29 Pakistan Telecommunication Company Ltd(PTC)	8,636,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

ECC