MUMBAI: Shares in Indian cigarette makers fell on Saturday after India's federal budget raised excise duty on cigarettes by 25 percent for cigarettes of length not exceeding 65 mm, and by 15 percent for cigarettes of other lengths.
ITC Ltd slumped 7.3 percent while VST Industries lost 3 percent. Although cigarette demand is relatively inelastic, analysts have said higher taxes would hurt volume growth and force companies to diversify faster.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Nov 22
|
277.85
|
|
USD PKR Interbank Buying
/ Nov 22
|
277.65
|
|
USD to Japanese Yen
/ Nov 23
|
154.78
|
|
USD to Swiss Franc
/ Nov 23
|
0.89
|
|
Pound Sterling to USD
/ Nov 23
|
1.25
|
|
Euro to USD
/ Nov 23
|
1.04
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Nov 22
|
5,969.34
|
|
India Sensex
/ Nov 22
|
79,117.11
|
|
Tokyo Nikkei
/ Nov 22
|
38,283.85
|
|
Nasdaq
/ Nov 22
|
18,003.65
|
|
Hang Seng
/ Nov 22
|
19,229.97
|
|
FTSE 100
/ Nov 22
|
8,262.08
|
|
Dow Jones
/ Nov 22
|
44,296.51
|
|
Germany DAX 30
/ Nov 22
|
19,322.59
|
| Item | Value |
|---|---|
|
Karachi Cotton PKR/37.32 KG
/ Nov 22
|
17,785
|
|
Gold 10 Grams PKR
/ Nov 22
|
240,483
|
|
Petrol/Litre
/ Nov 23
|
248.38
|
|
Crude Oil USD/Barrel
/ Nov 23
|
71.24
|
|
Gold Spot USD/Ounce
/ Nov 23
|
2,716.19
|
|
Diesel/Litre
/ Nov 23
|
255.14
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 23
786 Investments Limited(786)
|
6.82
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 23
Al-Abbas Sugar Mills Limited(AABS)
|
593.76
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 23
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 23
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 23
Ali Asghar Textile Mills Limited(AATM)
|
70.89
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 23
Allied Bank Limited(ABL)
|
120.21
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 23
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,023.10
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 23
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 23
Alfalah Consumer Index ETF.(ACIETF)
|
12.55
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 23
786 Investments Limited(786)
|
6.82
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 23
Al-Abbas Sugar Mills Limited(AABS)
|
593.76
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 23
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 23
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 23
Ali Asghar Textile Mills Limited(AATM)
|
70.89
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 23
Allied Bank Limited(ABL)
|
120.21
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 23
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,023.10
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 23
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 23
Alfalah Consumer Index ETF.(ACIETF)
|
12.55
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
WorldCall Telecom
/ Nov 23
Worldcall Telecom Limited(WTL)
|
177,135,830
▲ 0.00
|
|
K-Electric Ltd.
/ Nov 23
K-Electric Limited(KEL)
|
124,131,268
▲ 0.00
|
|
Hascol Petrol
/ Nov 23
Hascol Petroleum Limited(HASCOL)
|
105,013,176
▲ 0.00
|
|
Fauji Foods Ltd
/ Nov 23
Fauji Foods Limited(FFL)
|
77,697,371
▲ 0.00
|
|
Treet Battery
/ Nov 23
Treet Battery Limited(TBL)
|
43,783,366
▲ 0.00
|
|
B.O.Punjab
/ Nov 23
The Bank of Punjab(BOP)
|
36,573,763
▲ 0.00
|
|
Sui South Gas
/ Nov 23
Sui Southern Gas Company Limited(SSGC)
|
32,719,678
▲ 0.00
|
|
PIA Holding Co.Ltd
/ Nov 23
PIA Holding Company Limited(PIAHCLA)
|
27,969,689
▲ 0.00
|
|
Cnergyico PK
/ Nov 23
Cnergyico PK Limited(CNERGY)
|
25,874,820
▲ 0.00
|
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