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industries

New gas sale prices notified by Ogra

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in accordance with the policy guidelines of the federal...

Updated 09 Nov, 2023 03:53pm

Business & Finance

NKIA industrialists: Dagha forms body to address challenges

KARACHI: Muhammad Younus Dagha, caretaker Minister of Industry and Commerce has reiterated his commitment to...

Published 03 Nov, 2023 06:11am

Industrial power consumers: FD terms proposed winter package ‘vague’

ISLAMABAD: The Finance Division has reportedly termed the proposed four-month electricity ‘winter package’ for...

Updated 31 Oct, 2023 09:50am

Business & Finance

Hike in gas tariffs to trigger industry’s closure: VATEA

KARACHI: Textile makers-cum-exporters on Monday called the ECC’s proposed hike in the gas tariffs unjust and unwise,...

Published 31 Oct, 2023 05:26am

Business & Finance

Lotte Chemical extends plant shutdown as lower demand persists

Citing lower demand, Lotte Chemical Pakistan Limited (LOTCHEM) announced it will extend the shutdown of its plant...

Updated 30 Oct, 2023 10:18pm

TMA concerned at ‘exorbitant’ hike in gas tariffs

KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan (TMA) has expressed...

Updated 28 Oct, 2023 09:13am

Business & Finance

SAB retransferred to industries ministry

ISLAMABAD: The Sugar Advisory Board (SAB) has been transferred back to the Ministry of Industries and Production...

Published 11 Oct, 2023 03:09am

Business & Finance

Cheaper electricity: KCCI welcomes winter package to industries

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while welcoming federal...

Published 10 Oct, 2023 06:19am

Opinion

Our planet is choking on plastic—II

Importantly, in the EU’s Circular Economy Action Plan, plastic is one of the priority areas of this circular...

Published 03 Oct, 2023 06:02am

PHMA demands application of single law to Sindh industries

KARACHI: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) on Monday demanded clipping multiple...

Updated 03 Oct, 2023 09:12am

Business & Finance

Dagha asks industry to focus on R&D

KARACHI: Muhammad Younus Dagha, Caretaker Sindh Minister Finance Planning and Development has urged the...

Published 07 Sep, 2023 06:21am

Markets

PYMA chief opposes increase in electricity tariffs

KARACHI: Sohail Nisar, Senior Vice Chairman, Pakistan Yarn Merchants Association (PYMA) has opposed the significant...

Published 01 Aug, 2023 06:19am

Windfall profits of sectors/industries ‘Additional Tax’ applicable for last three tax years from TY23

ISLAMABAD: The Additional Tax on windfall profits of sectors/industries would be applicable for last three preceding...

Updated 28 Jul, 2023 02:41pm

Industrial consumers: PLL, SSGC may be allowed to auction off unutilized capacity of LNG

ISLAMABAD: The government is likely to allow Pakistan LNG Limited (PLL) and Sui Southern Gas Company (SSGC) to...

Updated 25 Jul, 2023 10:04am

Business & Finance

KCCI chief seeks restoration of gas supply to industries

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf while expressing sheer...

Published 14 Jul, 2023 06:22am

Business & Finance

Uninterrupted power supply to industries sought

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has called for...

Published 26 Jun, 2023 06:38am

Business & Finance

Market view: how will the budget impact businesses?

Flanked alongside his coalition partners, Finance Minister Ishaq Dar on Friday announced the budget for the fiscal...

Published 10 Jun, 2023 12:03am

Tax exemptions cost exchequer over Rs2.23trn

Cost of tax exemptions registered a growth of 27.43 per cent during 2022-23 as compared to tax expenditure in 2021-22

Updated 09 Jun, 2023 02:49pm

Pakistan

Industries, Auqaf depts sign MoU to train seminary students

LAHORE: Provincial Minister for Religious Affairs Syed Azfar Ali Nasir has hailed the government’s pioneering...

Published 07 Jun, 2023 06:05am

Opinion

The profundity of AI

“Artificial intelligence (AI) poses a threat to human intelligence (HI)” has become an increasingly hot topic of...

Updated 02 May, 2023 06:26am

Business & Finance

Rising inflation hitting industries hard: UBG

KARACHI: Zubair Tufail, President of United Business Group (UBG) and Hanif Gohar Secretary General of UBG Sindh Zone...

Published 02 May, 2023 05:59am

Business & Finance

PSQCA chief assures traders of early resolution of issues

KARACHI: Director General of Pakistan Standards & Quality Control Authority (PSQCA), Mir Ghulam Farooq Langove...

Published 12 Mar, 2023 05:55am

Business & Finance

Businesspeople assail 300bps hike in interest rate

KARACHI: Business community has termed high interest rate disastrous for industries, SMEs. Irfan Iqbal Sheikh,...

Published 04 Mar, 2023 07:00am

Industries/sectors earning over Rs300m: SC directs payment of 4pc super tax within a week

ISLAMABAD: The Supreme Court of Pakistan (SC) has directed the industries/sectors earning income above Rs300 ...

Updated 24 Feb, 2023 08:50am

Business & Finance

Reforms aimed at enhancing productivity can help economy grow sustainably, says World Bank

ISLAMABAD: Pakistan’s economy can grow sustainably only if the country introduces productivity-enhancing reforms...

Published 11 Feb, 2023 07:41am

Business & Finance

Companies pause operations in Pakistan as economic conditions worsen

Khalid Siraj Textile Mills and Ghandhara Tyre and Rubber Company recently said they were halting factory operations

Updated 10 Feb, 2023 02:56pm

Business & Finance

Technology promotion: KATI chief urges PM, Dar to finalise 20-year ‘Charter of Economy’

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has proposed to Prime ...

Published 09 Feb, 2023 06:02am

Markets

Kati’s request: Rs7bn of incremental units owed by govt to be paid: Nepra

KARACHI: Chairman of National Electric Power Regulatory Authority (Nepra), Tauseef Farooqui has said that Rs7 ...

Updated 04 Feb, 2023 10:17am

Opinion

At crossroads

Perhaps, no reader will be surprised with the caption of this piece. This heading has acquired the status of a...

Published 31 Jan, 2023 06:01am

Business & Finance

SBP extends one-time facilitation to importers

Advises banks to provide one-time facilitation to all those importers who can either extend their payment terms to 180 days (or beyond) or arrange funds from abroad to settle their pending import payments

Updated 23 Jan, 2023 05:57pm

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	3.73 ▲ 1.00 (36.63%)
Universal Ins. / Dec 1 The Universal Insurance Company Limited(UVIC)	6.15 ▲ 1.00 (19.42%)
JS Global Banking / Dec 1 JS Global Banking Sector (ETF)(JSGBETF)	13.53 ▲ 1.78 (15.15%)
U.D.L.Modaraba / Dec 1 First UDL Modaraba(FUDLM)	7.86 ▲ 0.99 (14.41%)
Saritow Spinning / Dec 1 Saritow Spinning Mills Limited(SSML)	7.98 ▲ 1.00 (14.33%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.05 ▲ 0.88 (14.26%)
Ruby Textile / Dec 1 Ruby Textile Mills Limited(RUBY)	5 ▲ 0.60 (13.64%)
Pak Gulf Leasing / Dec 1 Pak-Gulf Leasing Company Limited(PGLC)	7.85 ▲ 0.83 (11.82%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	9.95 ▲ 0.89 (9.82%)
Next Capital / Dec 1 Next Capital Limited(NEXT)	6.22 ▲ 0.55 (9.70%)

Stock	Price
Dewan Textile / Dec 1 Dewan Textile Mills Limited(DWTM)	3.09 ▼ -1.00 (-24.45%)
Tri-Star Mutual / Dec 1 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.58 (-10.30%)
Aruj Industries / Dec 1 Aruj Industries Limited(ARUJ)	8.15 ▼ -0.87 (-9.65%)
Askari Life Assur. / Dec 1 Askari Life Assurance Company Limited(ALAC)	5.45 ▼ -0.50 (-8.40%)
Hallmark Co. / Dec 1 Hallmark Company Limited(HCL)	196.11 ▼ -15.90 (-7.50%)
Siemens Pak. / Dec 1 Siemens (Pakistan) Engineering(SIEM)	717.18 ▼ -58.15 (-7.50%)
Suraj Cotton / Dec 1 Suraj Cotton Mills Limited(SURC)	145 ▼ -11.75 (-7.50%)
Leiner Pak Gelat / Dec 1 Leiner Pak Gelatine Limited(LPGL)	21.71 ▼ -1.46 (-6.30%)
Hira Textile / Dec 1 Hira Textile Mills Limited(HIRAT)	2 ▼ -0.10 (-4.76%)
United Dist. / Dec 1 United Distributors Pakistan Limited(UDPL)	43 ▼ -2.00 (-4.44%)

Stock	Volume
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	36,144,281 ▲ 2.51
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.07
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.56
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.05
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	26,611,500 ▲ 1.32
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	26,386,459 ▲ 1.05
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▼ -0.02
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.08
Hum Network / Dec 1 Hum Network Limited(HUMNL)	14,481,500 ▲ 0.24
Air Link Com. / Dec 1 Air Link Communication Limited(AIRLINK)	13,132,985 ▲ 4.32

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	148.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.26
Euro to USD / Nov 30	1.09
UK LIBOR % / Nov 30	5.46

Stock	Volume
S&P 500 / Nov 30	4567.80
India Sensex / Nov 30	66988.44
Tokyo Nikkei / Nov 30	33486.89
Nasdaq / Nov 30	14226.22
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7453.75
Dow Jones / Nov 30	35950.89
Germany DAX 30 / Nov 30	16215.43
France CAC40 / Nov 30	7310.77

Item	Value
Crude Oil USD/Barrel / Nov 30	75.50
Karachi Cotton PKR/37.32 KG / Nov 30	17435
Gold 10 Grams PKR / Nov 30	189472
Gold Spot USD/Ounce / Nov 30	2039.45
Cotton US¢/pound / Nov 30	80.06

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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