Trends - PSMA - Business Recorder

PSMA

Industry yet to export any amount of sugar

ISLAMABAD: The country’s sugar industry has not yet been able to export any amount of sugar out of 250,000 tons...

Updated 04 Feb, 2023 09:29am

Mills to get quotas for sugar export on basis of installed capacity

ISLAMABAD: The government is to allocate sugar quota to mills for exports on the basis of their installed capacity...

Updated 13 Jan, 2023 08:49am

Sugar export to be halted if local price rises: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) has decided that in case of an increase in sugar price in the...

Updated 11 Jan, 2023 08:53am

There’s no shortage of wheat: govt

ISLAMABAD: The government while denouncing the rumours regarding a wheat shortage crisis has said that the country...

Updated 05 Jan, 2023 08:59am

ECC allows export of additional quantity of sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed export of additional 150,000 tons of...

Updated 04 Jan, 2023 09:40am

Business & Finance

Ministry directed to convene meeting of SAB for taking decision on sugar exports

ISLAMABAD: The government has directed Ministry of National Food Security and Research to convene a meeting of Sugar...

Published 30 Dec, 2022 05:50am

Business & Finance

PSMA again offers to sell surplus sugar at Rs115/kg

LAHORE: The Pakistan Sugar Mills Association (Punjab Zone) has once again offered the federal government to buy the...

Published 29 Dec, 2022 05:59am

Business & Finance

Minister urged to resolve LCs issue, ease dollar crisis

LAHORE: Pakistan Steel Melting Association (PSMA) on Thursday appealed to the Finance Minister Ishaq Dar to resolve...

Published 23 Dec, 2022 05:54am

Business & Finance

Supply of sugar: LHC restrains FBR from setting minimum value

ISLAMABAD: The Lahore High Court (LHC) has restrained the Federal Board of Revenue (FBR) from the fixation of the...

Published 21 Dec, 2022 06:05am

Business & Finance

SAB recommendation: ECC allows export of up to 100,000 MTs of sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed sugar export of up to 100,000 metric...

Updated 16 Dec, 2022 09:30am

SAB allows export of up to half a million tons of sugar

ISLAMABAD: The Sugar Advisory Board (SAB) has finally allowed the sugar industry to export up to half a million tons...

Updated 15 Dec, 2022 09:54am

Business & Finance

Sugar mills directed to purchase NSG-59 from growers

LAHORE: The Sugarcane Control Board (SCB) on Friday has directed all the sugar mills of the province to purchase...

Published 10 Dec, 2022 07:41am

FBR set to fix minimum value for sugar supply

FBR has constantly been engaged with the industry on the issue and taking input of the concerned industry

Updated 05 Dec, 2022 02:06pm

Business & Finance

Export of refined sugar: govt, PSMA fail to reach decision

ISLAMABAD: Pakistan sugar industry is eyeing earning an estimated profit of Rs35 billion by exporting one million...

Updated 30 Nov, 2022 09:54am

Dar willing to allow sugar export?

ISLAMABAD: Finance Minister Ishaq Dar is said to have expressed his willingness to allow the export of sugar;...

Updated 29 Nov, 2022 09:42am

Business & Finance

Sufficient stocks of sugar available in Pakistan, Finance Division told

The country has sufficient stocks of sugar available, the Finance Division was informed in a meeting on Monday....

Published 28 Nov, 2022 05:44pm

Markets

PSMA says there’s no sugar shortage in country

LAHORE: Pakistan Sugar Mills Association (Punjab Zone) has categorically denied a news item in the media regarding...

Updated 24 Nov, 2022 09:38am

Country facing sugar shortage

ISLAMABAD: Pakistan is facing a sugar shortage of 260,000 tons for the ongoing year, official data revealed....

Updated 23 Nov, 2022 09:34am

Sugar export: decision to be taken on Thursday

ISLAMABAD: The government would decide whether to allow the export of sugar or not on Thursday after collecting data...

Updated 22 Nov, 2022 09:34am

Business & Finance

Stock position: Sugar industry asked to provide verified data

ISLAMABAD: The government has asked the sugar industry to provide verified and authentic data on sugar stocks in the...

Published 22 Nov, 2022 03:23am

Opinion

Sugar turns sour

According to a Business Recorder news item, “Export of sugar: PSMA links sugarcane crushing to govt permission”,...

Published 20 Nov, 2022 04:16am

Export of sugar: PSMA links sugarcane crushing to govt permission

LAHORE: The Punjab government has asked the sugar millers to start sugarcane crushing for the season 2022-23 before...

Updated 19 Nov, 2022 10:17am

Business & Finance

PSMA declines to start crushing if sugar export not allowed

LAHORE: The Pakistan Sugar Mills Association (PSMA) has expressed its inability to start the crushing season 2022-23...

Published 09 Nov, 2022 03:41am

PSMA seeks export of surplus sugar to make room for new stock

LAHORE: Pakistan Sugar Mills Association (PSMA) has reiterated their claim that ample stocks of sugar is lying in...

Updated 21 Oct, 2022 09:43am

Markets

PSMA lobbying for sugar export

ISLAMABAD: The sugar industry has requested the government to allow the export of surplus sugar keeping in view the...

Published 07 Oct, 2022 05:59am

PSMA reiterates its export surplus sugar demand

LAHORE: The Pakistan Sugar Mills Association (PSMA) has reiterated its demand that the government should immediately...

Updated 06 Oct, 2022 09:31am

Business & Finance

PSMA delegation meets NEPRA chairman

LAHORE: A delegation headed by Mian Ahmed Hassan, Chairman Pakistan Steel Melters Association (PSMA) met Chairman...

Published 25 Sep, 2022 06:01am

Business & Finance

Anwer elected unopposed as PSMA chairman

KARACHI: Syed Anwer Sohail Razvi has been elected unopposed Chairman of Pakistan Soap Manufacturers Association...

Published 15 Sep, 2022 05:57am

Business & Finance

PSMA Sindh lobbying for export of surplus sugar

KARACHI: Pakistan Sugar Mills Association (PSMA) Sindh chapter on Thursday said the dollar-strapped Pakistan can...

Published 26 Aug, 2022 05:57am

Business & Finance

PSMA urges govt to allow export of surplus sugar

LAHORE: The Pakistan Sugar Mills Association (PSMA) reiterating its demand on Tuesday has appealed to the federal...

Published 24 Aug, 2022 05:08am

Gainers
Losers
Leaders

Stock	Price
S.G.Power / Feb 8 S.G. Power Limited(SGPL)	6.83 ▲ 0.93 (15.76%)
Premier Insurance / Feb 8 Premier Insurance Limited(PINL)	7.71 ▲ 1.00 (14.90%)
Kohinoor Power / Feb 8 Kohinoor Power Company Limited(KOHP)	4.58 ▲ 0.58 (14.50%)
Popular Islamic / Feb 8 Popular Islamic Modaraba(PIM)	8.40 ▲ 0.90 (12.00%)
Gammon Pak / Feb 8 Gammon Pakistan Limited(GAMON)	6.45 ▲ 0.65 (11.21%)
First Prudential Mod. / Feb 8 First Prudential Modaraba(PMI)	1.64 ▲ 0.16 (10.81%)
Ghani Chemical Ind. (B) / Feb 8 Ghani Chemical Industries Limited. (B)(GCILB)	6.50 ▲ 0.63 (10.73%)
Ghani Chem. Ind. / Feb 8 Ghani Chemical Industries Limited(GCIL)	11.33 ▲ 1.00 (9.68%)
Ghani Glo Hol / Feb 8 Ghani Global Holdings Limited(GGL)	11.29 ▲ 0.95 (9.19%)
Leather Up Ltd. / Feb 8 Leather Up Limited(LEUL)	12.10 ▲ 1.00 (9.01%)

Stock	Price
Data Textile / Feb 8 Data Textiles Limited(DATM)	4.92 ▲ -0.87 (-15.03%)
Universal Ins. / Feb 8 The Universal Insurance Company Limited(UVIC)	3.30 ▲ -0.50 (-13.16%)
Unicap Modaraba / Feb 8 Unicap Modaraba(UCAPM)	1.68 ▲ -0.18 (-9.68%)
Service Textile / Feb 8 Service Industries Textiles Limited(SERT)	6.91 ▲ -0.69 (-9.08%)
TPL Trakker Ltd / Feb 8 TPL Trakker Limited(TPLT)	9 ▲ -0.78 (-7.98%)
Land Mark Spinning / Feb 8 Landmark Spinning Industries Limited(LMSM)	11.60 ▲ -1.00 (-7.94%)
Mod.Al-Mali / Feb 8 Modaraba Al-Mali(MODAM)	4.13 ▲ -0.34 (-7.61%)
Jahangir Sidd(Pref) / Feb 8 Jahangir Sidd(Pref)(JSCLPSA)	7 ▲ -0.57 (-7.53%)
Ellcot Spinning / Feb 8 Ellcot Spinning Mills Limited(ELSM)	128.58 ▲ -10.42 (-7.50%)
The Thal Ind.Corp. / Feb 8 The Thal Industries Corporation Limited(TICL)	267.33 ▲ -21.67 (-7.50%)

Stock	Volume
WorldCall Telecom / Feb 8 Worldcall Telecom Limited(WTL)	63,994,329 ▼ 0.09
Pak Petroleum / Feb 8 Pakistan Petroleum Limited(PPL)	31,774,289 ▲ -0.52
Oil & Gas Dev. / Feb 8 Oil & Gas Development Company Limited(OGDC)	22,182,825 ▼ 1.19
Sui South Gas / Feb 8 Sui Southern Gas Company Limited(SSGC)	16,127,166 ▲ -0.18
Sui North Gas / Feb 8 Sui Northern Gas Pipelines Limited(SNGP)	14,255,656 ▼ 0.05
Lotte Chemical / Feb 8 Lotte Chemical Pakistan Limited(LOTCHEM)	13,129,733 ▼ 1.18
K-Electric Ltd. / Feb 8 K-Electric Limited(KEL)	11,829,779 ▼ 0.01
Ghani Glo Hol / Feb 8 Ghani Global Holdings Limited(GGL)	10,956,173 ▼ 0.95
TRG Pak Ltd / Feb 8 TRG Pakistan Limited(TRG)	9,313,459 ▼ 2.59
Habib Bank / Feb 8 Habib Bank Limited(HBL)	8,576,564 ▼ 0.89

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 8	275.30
USD PKR Interbank Buying / Feb 8	273.30
USD to Japanese Yen / Feb 8	131.45
USD to Swiss Franc / Feb 8	0.92
Pound Sterling to USD / Feb 8	1.21
Euro to USD / Feb 8	1.07
UK LIBOR % / Feb 7	4.56

Stock	Volume
S&P 500 / Feb 8	4140.45
India Sensex / Feb 8	60663.79
Tokyo Nikkei / Feb 8	27606.46
Nasdaq / Feb 8	11988.56
Hang Seng / Feb 8	21283.52
FTSE 100 / Feb 8	7897.71
Dow Jones / Feb 8	34067.65
Germany DAX 30 / Feb 8	15418.13
France CAC40 / Feb 8	7132.82

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 7	22235
Crude Oil USD/Barrel / Feb 8	77.34
Gold 10 Grams PKR / Feb 8	169753
Gold Spot USD/Ounce / Feb 8	1874.07
Cotton US¢/pound / Feb 8	84.27

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