Trends - TCP - Business Recorder

TCP

TCP proposes issuance of bonds to clear huge mark-up on its loans

ISLAMABAD: The Trading Corporation of Pakistan (TCP) on Friday proposed that the government should issue bonds to...

Updated 08 Mar, 2025 09:34am

Govt entities owe billions of rupees: TCP receivables stand at Rs308bn

ISLAMABAD: The Trading Corporation of Pakistan’s receivables stock stood at Rs 308 billion as of February 28, 2025,...

Updated 01 Mar, 2025 02:57pm

Bids invited for export of another 50,000 MTs of rice to Bangladesh

KARACHI: The state-run grain trader has invited bids for the export of 50,000 metric tons of non-Basmati parboiled...

Updated 22 Feb, 2025 09:45am

Opinion

2024 cotton shortfall: economic consequences

The 2024 cotton season in Pakistan has once again been fraught with significant challenges, posing severe concerns...

Published 04 Feb, 2025 06:29am

BD keen to import sugar on G2G basis

KARACHI: Bangladesh has expressed interest in importing up to 15,000 metric tons sugar from Pakistan on a...

Updated 21 Jan, 2025 08:57am

Markets

Rice export to BD: TCP receives 11 bids

KARACHI: The Trading Corporation of Pakistan (TCP) has received 11 bids for the supply of 50,000 metric tons of long...

Published 07 Jan, 2025 05:55am

Opinion

2025 strategy: pathways to increase cotton production

As Pakistan’s cotton industry grapples with declining yields and rising imports, the year 2025 presents a critical...

Published 03 Jan, 2025 06:56am

‘Poor’ performance: Cabinet assails MoC bodies, trade missions

Suggests privatization of the Trade and Development Authority of Pakistan

Updated 03 Jan, 2025 03:18pm

Markets

Weekly Cotton Review: Prices stable amid low trade volumes

KARACHI: Cotton prices improve during the previous amid challenges persisting. Recent market trends have shown a...

Updated 30 Dec, 2024 08:40am

Clearance of overdue urea subsidy payments: ECC asks ministry to persuade provinces

ISLAMABAD: The Economic Coordination Committee (ECC) has directed the Ministry of Industries and Production...

Updated 28 Dec, 2024 04:14pm

Sugar export to Tajikistan: SBP asks banks to process transactions

KARACHI: Pakistan is set to export 40,000 tons of sugar to Tajikistan under bilateral trade arrangements on a...

Updated 19 Oct, 2024 02:55pm

Editorials

Alternate dispute resolution committees

EDITORIAL: The Sindh High Court’s (SHC’s) directive to the Federal Board of Revenue (FBR) to withdraw all...

Published 13 Oct, 2024 06:46am

SHC asks FBR to withdraw recovery notices issued to SOEs

ISLAMABAD: Sindh High Court (SHC) has directed the Federal Board of Revenue (FBR) to withdraw all recovery notices...

Updated 08 Oct, 2024 09:10am

NLC ready to help boost imports thru Gwadar Port

ISLAMABAD: The government has decided to start 50 percent public sector imports from Gwadar Port destined for...

Updated 11 Sep, 2024 08:53am

Business & Finance

PNSC declared ‘strategic’: TCP, Smeda categorised as ‘essential’ SOEs

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) categorised Trading Corporation of Pakistan...

Published 03 Sep, 2024 06:27am

Markets

Categorisation of SOEs: SMEDA declared as essential, PNSC as strategic

TCP may be categorised as essential SOE under SOEs Policy 2023, Cabinet Committee on State-Owned Enterprises decides

Updated 02 Sep, 2024 10:36pm

Fertilizer sector: ECC directs ministry to design holistic policy

Aspects such as production, provision of gas to industry, elements triggering/necessitating imports, pricing, and intensive/over fertilization of urea are to be covered

Updated 08 Aug, 2024 01:55pm

ECC approves urea import proposal

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved the proposal to import 100,000 MT urea...

Updated 03 Aug, 2024 01:40pm

Export growth: MoC angry with MoF for ignoring its budget proposals

ISLAMABAD: The Commerce Ministry on Wednesday showed its wrath against the Finance Ministry for not making its...

Updated 04 Jul, 2024 03:05pm

Business & Finance

Mar 1-Apr 30 period: Rs3trn domestic, $433m foreign loans raised, NA told

ISLAMABAD: The National Assembly was informed on Monday that total amount of domestic loans raised during March 01,...

Published 11 Jun, 2024 03:17am

Editorials

Political uncertainty continues to pervade

EDITORIAL: Three months after the general elections that were expected to presage easing of all political ...

Published 11 May, 2024 06:22am

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

Business & Finance

A productive visit to Karachi: Jam holds talks with key economic, trade bodies

KARACHI: Federal Minister for Commerce, Jam Kamal Khan, recently concluded a comprehensive and fruitful visit to...

Published 26 Mar, 2024 04:20am

Private sector import of wheat: Deadline extended despite opposition by Punjab

ISLAMABAD: The federal government has extended the deadline for the import of milling wheat till March 31, 2024, by...

Updated 07 Mar, 2024 09:16am

Selling imported urea thru local firms: Cabinet approves principles of basket price mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved principles of basket price...

Updated 12 Feb, 2024 10:10am

Sindh, Balochistan: MoC seeks MoF’s support for recovery of urea subsidy share

ISLAMABAD: The Commerce Ministry has sought the Finance Ministry’s support to recover 50pc share of cost of imported...

Updated 07 Feb, 2024 09:35am

Pakistan

Punjab govt decides to clear payment of Rs180m to TCP

LAHORE: The Punjab government has decided to clear the balance payment of Rs 180 million to the Trading Corporation...

Published 01 Feb, 2024 04:52am

Imported urea fertiliser: Hike in basket price approved by ECC

Economic Coordination Committee of the Cabinet approves increase in basket price of 220,000 MT imported urea fertiliser

Updated 15 Jan, 2024 10:03am

Business & Finance

Govt gets no offers in 110,000 tons wheat tender

HAMBURG: No price offers were believed to have been submitted in a tender from Pakistan on Wednesday to purchase...

Published 28 Dec, 2023 04:52am

Business & Finance

ADB’s IED rates $800m ‘TCP’ as ‘successful’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Published 09 Dec, 2023 05:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Petrol/Litre / Jun 13	253.63
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Diesel/Litre / Jun 13	254.64
Cotton US¢/pound / Jun 13	67.63

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.86 ▲ 0.93 (48.19%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.88 ▲ 0.76 (35.85%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.56 ▲ 0.43 (20.19%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.50 ▲ 0.89 (13.46%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.58 ▼ -4.4 (-10%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Calcorp Ltd / Jun 13 Calcorp Limited(CASH)	44.15 ▼ -4.85 (-9.9%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Gulistan Sp. / Jun 13 Gulistan Spinning Mills Limited(GUSM)	6.50 ▼ -0.68 (-9.47%)
Hafiz Ltd. / Jun 13 Hafiz Limited(HAFL)	273 ▼ -28 (-9.3%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	106,246,089 ▲ 0.93
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	54,080,437 ▲ 0.04
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	52,854,404 ▲ 0.72
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	20,177,213 ▲ 0.47
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	17,724,938 ▼ -0.27
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	17,346,884 ▲ 1
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	16,767,068 ▼ -0.14
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	14,905,226 ▼ -0.87
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	14,830,325 ▼ -1.5
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	14,340,188 ▲ 0.22

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