News stories for Zahid Baig - Business Recorder

Zahid Baig

Pakistan

Punjab cabinet committee reviews Covid-19 situation

LAHORE: The Punjab government, in the first phase, has decided to procure 1,000 injections approved by the Drug...

Published 07 Jun, 2020 03:13am

Business & Finance

Domestic cement despatches decline by 37.63pc in May

LAHORE: The impact of the construction package announced by the government is yet to be seen as the domestic cement...

Updated 13 Jun, 2020 11:46pm

Pakistan

PFMA, PFD agree to bring stability in flour prices

Pakistan Flour Mills Association (PFMA) and the Punjab Food Department (PFD) high officials held negotiations on Saturday to bring stability to flour prices in the market especially in the province.

Published 31 May, 2020 12:04am

Markets

Supply to KP being finalised today: Punjab food department asked to stop wheat procurement immediately

Senior & Food Minister Punjab Abdul Aleem Khan has directed the Punjab food department to immediately stop wheat procurement after total stocks of wheat reached 4.3 million metric tons.

Published 30 May, 2020 12:06am

Pakistan

PKI, APKF want money 'extorted by sugar mafia' given back to farmers

The Pakistan Kissan Ittehad (PKI) and the All Pakistan Kissan Foundation welcomed the commission's report on sugar industry and urged the government to take stern action against the culprits who were taking benefit from both sides in the name of farmers.

Published 29 May, 2020 12:05am

Pakistan

UN report: Urgent action needed to safeguard biodiversity of world's forests

Urgent action is needed to safeguard the biodiversity of the world's forests amid alarming rates of deforestation and degradation, according to the latest edition of The State of the World's Forests released on Friday.

Published 23 May, 2020 12:06am

Flour millers end strike

On the assurance of addressing their concerns by Punjab Food Minister Abdul Aleem Khan, the Pakistan Flour Mills Association (PFMA) announced on Tuesday to end their strike continued for the last two days.

Published 20 May, 2020 12:05am

Pakistan

PFMA, food secy talks end with no result

Dialogues between the flour millers and the Punjab food secretary remained inconclusive on Monday to convince the millers to call off their strike after which the Pakistan Flour Mills Association (PFMA) announced to continue its strike till acceptance of

Published 19 May, 2020 12:02am

Flour millers say shutting down mills in three provinces

Rejecting the offer of talks by Punjab government, Pakistan Flour Mills Association (PFMA) has announced that it is shutting down is operations from today for an "indefinite" period.

Published 18 May, 2020 12:06am

Flour millers decide to shut down operations in 3 provinces

Flour millers of Punjab, Balochistan and Khyber Pakhtunkhwa have announced to shut down their operations from Monday as a protest against the Punjab food department and district administrations raiding the mills' godowns under the pretext of anti-hoarding

Published 17 May, 2020 12:03am

Pakistan

Government forms 'working group' to make Punjab self-sufficient in food sector

The Punjab government has formed a 'working group' to formulate recommendations for short and long term policy to make the province self-sufficient in food sector.

Published 06 May, 2020 12:04am

No ban on rice exports, clarifies MNFS&R

The ministries of commerce and national food security & research (MNFS&R) have made it clear that there is no ban on exports of rice from Pakistan as the country has sufficient stocks of the commodity.

Published 02 May, 2020 12:08am

REAP urges govt to exempt rice exporters from exports ban

Rice Exporters Association of Pakistan (REAP) reacting to information of a ban on export of all edible items by Pakistan, has urged the Ministry of National Food Security & Research (MNFS&R) not to apply this ban on rice exports.

Published 30 Apr, 2020 12:07am

Two fertilizer plants: Supply of gas lying suspended for last several months

Supply of natural gas to two fertilizer plants on the SNGPL network, Agritech Mianwali and FatimaFert Sheikhupura, has been lying suspended since November 2019.

Published 28 Apr, 2020 11:42pm

Markets

PSC to buy 560,000 bags of wheat seed each weighing 100kg

The Punjab Seed Corporation (PSC) will buy 560,000 bags of wheat seed each weighing 100 kilograms during the current procurement season from its registered growers to prepare certified high-quality wheat seed for the next season.

Published 25 Apr, 2020 09:49pm

Pakistan

Average profitability of 4 cement companies decline by 146 percent

Average profitability, after taxation, of four cement companies has declined by 146 percent as compared to the same period of the year 2019, while in nine months period of the current financial year, the profitability has declined by 109 percent.

Published 25 Apr, 2020 06:43am

Markets

Food department constitutes bodies for smooth wheat movement

The Punjab food department has constituted committees throughout the province at district level which will be led by officials from the Punjab agriculture department to ensure smooth wheat seed movement in the province and resolve the issues being reporte

Published 21 Apr, 2020 03:03am

Punjab government to seal all borders to snub wheat smuggling

The Punjab government has decided to seal all the borders of Punjab province to snub wheat smuggling. It has also decided that no private buyer will be allowed to pick up wheat from the province while there will be regular written purchase agreements with

Published 18 Apr, 2020 12:00am

Pakistan

PPA urges government to defer installments, payment on bank loans for a year

The Pakistan Poultry Association (PPA) submitted a set of recommendations to pull the sector out of decline due to lockdown in the country and urged the government to delay all installments and payment of the mark up on bank loans obtained by its members

Published 10 Apr, 2020 12:00am

APMPEA urges govt to help retrieve stuck payments

The All Pakistan Meat Processors & Exporters Association (APMPEA) has urged the federal government to launch efforts at commercial consulate level abroad to ensure retrieval of payments stuck/defaulted by the importers of Pakistani meat and its products.

Published 09 Apr, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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