News stories for Zahid Baig - Business Recorder

Zahid Baig

Business & Finance

Jan cement despatches increase 1.15pc YoY

LAHORE: The cement sector after six-month continuous decline has shown some recovery in January 2023 when its...

Published 04 Feb, 2023 06:08am

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

Pakistan

Agriculture a pillar of economy that’s often ignored by govts: PKI

LAHORE: The Pakistan Kissan Ittehad (PKI) has proposed to engage technology-providing seed companies to revitalise...

Published 25 Jan, 2023 06:25am

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

Business & Finance

Ongoing crushing season in Punjab: Sugar mills have bought sugar cane worth Rs158bn

LAHORE: Sugar mills of the province have so far purchased sugarcane worth Rs 158 billion during the ongoing crushing...

Published 19 Jan, 2023 05:58am

Pakistan

Farmers urge Punjab, KP govts to raise wheat support price to Rs4,000 per maund

LAHORE: Farmers criticising delay in the announcement of the support price for the current wheat crop have urged the...

Published 12 Jan, 2023 05:51am

Tanneries, too, facing prospect of closure?

LAHORE: Reluctance by the banks to release import documents of various inputs of the tanning industry waiting at...

Updated 08 Jan, 2023 10:18am

Business & Finance

Jul-Nov rice exports decline 30pc to 210,184 metric tons

LAHORE: Pakistan’s rice export registered collectively (basmati & non-basmati) around a 30 percent decline in...

Published 06 Jan, 2023 07:10am

Business & Finance

Cement despatches decline by 20.73pc in six months

LAHORE: Total cement despatches (domestic and exports) during the first six months of the current financial year...

Published 05 Jan, 2023 05:58am

Pakistan

Non-clearance of vessels with soyabean: PPA decides to mount protest tomorrow

LAHORE: The Pakistan Poultry Association (PPA) has decided to launch a protest demonstration from Thursday to press...

Published 04 Jan, 2023 06:02am

Business & Finance

No quantum jump recorded in production of any crop: analyst

LAHORE: Farmers’ representatives regretted that Pakistan could not take full advantage of its potential in the ...

Updated 27 Dec, 2022 07:03am

Markets

This year’s sugarcane crop in Punjab rises 6.5pc YoY: cane commissioner

LAHORE: Sugar mills in Punjab have so far crushed 9.8 million metric tons of sugarcane during the ongoing crushing...

Published 21 Dec, 2022 06:05am

Pakistan

Delay in sugarcane crushing: DCs in Punjab directed to register FIRs against six mills

LAHORE: The Cane Commissioner Punjab has directed the additional cane commissioners/deputy commissioners to get ...

Published 03 Dec, 2022 05:51am

Business & Finance

Cement despatches decline by 16.82pc last month

LAHORE: Cement despatches declined by 16.82 percent in November 22 as total despatches during the month were ...

Published 03 Dec, 2022 05:50am

Markets

‘Hike’ in poultry feed rates held responsible for increase in chicken meat prices

LAHORE: The Broiler Farmers Association Punjab alleging a hike in poultry feed prices as a reason behind the higher...

Published 30 Nov, 2022 05:53am

Pakistan

Notices issued to 10 sugar mills for not starting crushing

LAHORE: The Cane Commissioner Punjab on Monday issued show-cause notices to 10 sugar mills of the province for not...

Published 29 Nov, 2022 05:57am

Pakistan

District admins directed to ensure start of cane crushing before 25th

LAHORE: The Cane Commissioner Punjab on Tuesday directed the district administrations to take necessary measures to...

Published 23 Nov, 2022 05:55am

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

Pakistan

Anti-smog squad seals five pyrolysis plants

LAHORE: The Environment Protection Department’s anti-smog squad on Wednesday sealed five pyrolysis plants located...

Published 17 Nov, 2022 05:59am

Markets

Start of crushing: Cane commissioner seeks clarification from sugar mills

LAHORE: The Cane Commissioner Punjab has sought clarification from sugar mills in the province for announcing start...

Published 08 Nov, 2022 05:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 30	255.63
Diesel/Litre / Mar 30	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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