News stories for Zahid Baig - Business Recorder

Zahid Baig

Pakistan

Flour millers to go on strike from 11th

Millers say that tax collection is the duty of the government and not the industry

Updated 07 Jul, 2024 10:12am

Pakistan

PFD initiates action against two officers

LAHORE: The Punjab Food Department (PFD) took disciplinary action on Friday against two officers from Rawalpindi...

Published 06 Jul, 2024 06:48am

Business & Finance

June cement despatches decline 12.58pc to 3.55m tons YoY

LAHORE: Cement despatches declined by 12.58% in the month of June 2024, as the total despatches were recorded at...

Published 03 Jul, 2024 07:35am

Business & Finance

‘Punjab to pay Rs376bn for purchasing wheat on credit’

LAHORE: The Punjab Food Department has to pay a debt of Rs 375 billion on account of purchase of wheat, which is...

Published 30 Jun, 2024 02:58am

Pakistan

Punjab govt imposes Section 144

LAHORE: The Punjab government imposed Section 144 across the province for a week on Friday, citing the prevailing ...

Published 22 Jun, 2024 06:47am

Pakistan

Punjab yet to develop GHG emissions inventory

LAHORE: Punjab has yet to develop a comprehensive Greenhouse Gas (GHG) emissions inventory, despite significant...

Published 20 Jun, 2024 06:01am

Business & Finance

Infant formula, fortified children’s milk powders: Govt’s decision to withdraw zero-rating benefits criticized

LAHORE: Local industrial sector specializing in infant formula and fortified children’s milk powders has voiced...

Published 17 Jun, 2024 05:30am

Pakistan

Punjab proposes Rs9bn for livestock, dairy development projects

LAHORE: The Punjab government has proposed a sum of over Rs 9 billion for livestock and dairy development projects...

Published 15 Jun, 2024 06:57am

Business & Finance

Punjab proposes allocation of Rs64.6bn for agri sector

LAHORE: The Punjab government has proposed an allocation of over Rs 64.6 billion for the agricultural sector for the...

Published 14 Jun, 2024 06:31am

Business & Finance

Agri think tank lauds direct, indirect initiatives spelled out in budget

LAHORE: Agriculture Republic, an agricultural think tank, has welcomed various direct and indirect initiatives...

Published 13 Jun, 2024 07:29am

Pakistan

Punjab to launch ‘Green Tractor’ scheme

LAHORE: The Punjab government is set to launch the “Green Tractor” scheme, aimed at providing farmers with ...

Published 12 Jun, 2024 06:51am

Business & Finance

Govt urged to abolish 20pc FED on packaged fruit juices

LAHORE: The Fruit Juice Council in a letter to the PML-N President and former Prime Minister Mian Nawaz Sharif has...

Published 07 Jun, 2024 06:24am

Business & Finance

May cement despatches rise 7.83pc YoY

LAHORE: Cement despatches increased by 7.83% in May 2024 as the total despatches were registered at 4.275 million...

Published 05 Jun, 2024 07:41am

Business & Finance

Govt urged to present ‘farmer-friendly’ budget

LAHORE: Stakeholders in the agricultural sector have urged the government to make the upcoming budget...

Published 04 Jun, 2024 06:28am

Business & Finance

PHDEC’s mango bagging initiative boosts mango industry

LAHORE: The Pakistan Horticulture Development & Export Company (PHDEC) distributed about 70,000 bags in Sindh ...

Published 31 May, 2024 06:58am

Business & Finance

Experts say dairy, beef sectors need ‘substantial efforts’ for improvement

LAHORE: Despite being the 4th largest milk producer and a major contributor to agriculture and the GDP, the dairy...

Published 08 May, 2024 06:43am

Business & Finance

Cement despatches decline marginally during April

LAHORE: Cement despatches showed a slight decline during last month as total cement despatches during April 2024...

Published 04 May, 2024 05:48am

Markets

Govt plans to revive southern Punjab as hub of cotton production

LAHORE: The current provincial government is determined to revive Southern Punjab as a hub for cotton production,...

Published 03 May, 2024 06:29am

Pakistan

PHDEC to address issue of green potato black-heart disease

LAHORE: Pakistan Horticulture Development and Export Company (PHDEC) recently brought together stakeholders and...

Published 28 Apr, 2024 02:56am

Pakistan

Agri Connections 2024 concludes: ‘Face of agriculture’ can be changed: Aurangzeb

LAHORE: Muhammad Aurangzeb, Federal Minister for Finance, has said that Pakistan’s current economic outlook can...

Published 26 Apr, 2024 04:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 26	150.14
USD to Swiss Franc / Mar 26	0.88
Pound Sterling to USD / Mar 26	1.29
Euro to USD / Mar 26	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
Nasdaq / Mar 25	18,271.86
Dow Jones / Mar 25	42,587.50
India Sensex / Mar 26	77,971.12
Tokyo Nikkei / Mar 26	38,027.29
Hang Seng / Mar 26	23,483.32
FTSE 100 / Mar 26	8,660.31
Germany DAX 30 / Mar 26	22,923.69
France CAC40 / Mar 26	8,042.59

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Petrol/Litre / Mar 26	255.63
Crude Oil USD/Barrel / Mar 26	69.26
Gold Spot USD/Ounce / Mar 26	3,018.44
Diesel/Litre / Mar 26	258.64
Cotton US¢/pound / Mar 26	65.37

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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