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PASSCO

Import of 200,000 MTs of urea fertiliser allowed: ECC increases Passco’s wheat procurement target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased procurement of wheat target of...

Published 08 May, 2024 06:43am

Business & Finance

Wheat procurement: FPCCI body challenges Passco’s competence

ISLAMABAD: Standing Committee on Agriculture of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has...

Published 08 May, 2024 06:43am

Wheat fiasco points towards govt ‘negligence’

ISLAMABAD: The mismanagement associated with allowing wheat imports, which benefited the private sector and deprived...

Updated 07 May, 2024 08:52am

ECC all set to approve enhancement of wheat target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve enhancement of wheat...

Updated 07 May, 2024 08:51am

Wheat procurement: PM vows to protect farmers

LAHORE: Announcing that the federal government will procure 1.8 million metric tonnes of wheat through the Pakistan...

Updated 05 May, 2024 01:52pm

Business & Finance

ECC clears Rs274bn CCL for wheat procurement

ISLAMABAD: The Economic Coordination Committee of Cabinet approved a Rs274 billion Cash Credit Limit (CCL) for the...

Published 06 Apr, 2024 05:28am

Editorials

The wheat harvest

EDITORIAL: Surely, the new prime minister, and his cabinet would have liked to settle in to better news than the...

Published 13 Mar, 2024 06:32am

Pakistan

There’s no wheat shortage, Senate told

ISLAMABAD: The caretaker government has claimed that 7.2 million metric tonnes of wheat stocks are currently...

Published 28 Nov, 2023 04:56am

Cash credit limit: ECC’s approval sought for Punjab, Sindh

ISLAMABAD: Ministry of National Food Security and Research (M/s NFS&R) has sought ECC approval for Cash Credit...

Updated 23 Nov, 2023 08:44am

Wheat procurement: ECC directs ministry to submit action plan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Ministry of National Food Security...

Updated 03 Nov, 2023 10:10am

Various depts/organisations: TCP receivables stand at Rs253.8bn

ISLAMABAD: The Trading Corporation of Pakistan (TCP) receivables against various departments/organisations stand at...

Updated 14 Oct, 2023 09:54am

Agencies/provinces/areas: ECC allows allocation of wheat on price-weighted average

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed allocation of wheat among the recipients...

Updated 25 Jul, 2023 09:23am

Opinion

Wheat import: doors not closed yet

Pakistan is the 7th largest wheat producer in the world but, with respect to yield the country stands at 37th rank....

Published 28 Jun, 2023 06:31am

Sale of Passco’s damaged wheat: ECC directs ministry to resolve issue

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Ministry of National Food...

Updated 16 Jun, 2023 08:57am

Passco to auction off 44,784MTs of damaged wheat

ISLAMABAD: Pakistan Agriculture Storage and Services Corporation Limited (Passco), an arm of Ministry of National...

Updated 25 May, 2023 08:50am

Wheat procurement: ECC issues directives on issue of bank charges

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has directed Secretaries of Finance and National...

Updated 05 May, 2023 09:01am

Passco: PAC seeks wheat data

ISLAMABAD: The Public Accounts Committee (PAC) that met here under Chairman Noor Alam Khan sought data of the Passco...

Updated 05 May, 2023 09:02am

Hike in prices of essential drugs approved by ECC

ECC approves Ministry of National Health Services summary for an increase based on the recommendations of the Policy Board of DRAP in the wake of the devaluation of the rupee and inflation

Updated 29 Apr, 2023 11:37am

TCP paying Rs143m mark-up daily on loans for commodity imports

ISLAMABAD: The Trading Corporation of Pakistan (TCP) is paying Rs 143 million mark-up daily on loans raised from...

Updated 14 Apr, 2023 08:37am

Markets

Punjab Cabinet allows purchase of 300,000MT of wheat from Passco

LAHORE: Punjab Cabinet, which met here Friday, accorded approval to purchase 300,000 metric tonnes additional wheat...

Published 01 Apr, 2023 06:21am

Business & Finance

Public debt increases to Rs52.721trn by Dec 2022

ISLAMABAD: Pakistan’s public debt has increased to Rs 52.721 trillion by December 2022 from Rs 49.194 trillion end...

Published 01 Apr, 2023 06:21am

ECC told: G-B working on targeted wheat subsidy plan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet was informed that Gilgit-Baltistan (GB) is...

Updated 26 Mar, 2023 10:21am

Import via Gwadar Port: Passco directed to transport wheat under G2G arrangements

ISLAMABAD: The Ministry of National Food Security and Research has directed Pakistan Agricultural Storage &...

Updated 10 Mar, 2023 08:39am

Rs201bn cash credit limit: ECC approves procurement of 1.8 MMTs of wheat by Passco

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the procurement of 1.80 MMTs...

Updated 09 Mar, 2023 08:53am

Pakistan

Chamber president expresses concern over supply of harmful wheat

HYDERABAD: President of the Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani has...

Published 23 Feb, 2023 05:52am

Business & Finance

Staple commodities: Country can save $1.3bn annually by developing efficient storage system

LAHORE: Focus on developing an efficient storage system can help Pakistan save up to $1.3 billion annually in...

Published 02 Feb, 2023 06:12am

Business & Finance

Non-opening of LCs hampering jute bags production: PJMA

LAHORE: Non-opening of LCs by the banks has created shortage of raw materials imported mainly from Bangladesh for...

Published 24 Jan, 2023 07:58am

Pakistan

AJK to release Rs14bn to PASSCO for buying wheat

ISLAMABAD: The government of Azad Jammu and Kashmir (AJK) has decided to release Rs14 billion to the Pakistan...

Published 17 Jan, 2023 06:02am

Federal govt says sufficient wheat stocks available

Federal Minister for National Food Security and Research Tariq Bashir Cheema says if any province needs wheat then they should come and take the commodity

Updated 14 Jan, 2023 08:48am

Pakistan, Russia fail to reach any accord

ISLAMABAD: Pakistan and Russia have reportedly failed to reach any agreement for import of wheat from the latter on...

Updated 01 Nov, 2022 12:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Petrol/Litre / May 10	288.49
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Diesel/Litre / May 10	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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