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China’s commerce minister met Canadian trade minister to discuss tariffs

BEIJING: Chinese Commerce Minister Wang Wentao on Saturday met with Canadian Trade Minister Mary Ng in Peru to...

Published 17 Nov, 2024 10:45am

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 31.273 billion...

Published 05 Nov, 2024 03:30am

Markets

US tightens steel, aluminum import rules to curb China tariff evasion

WASHINGTON: The United States unveiled stricter rules Wednesday on steel and aluminum imports from Mexico, moving to...

Published 11 Jul, 2024 07:37am

Business & Finance

Rio Tinto to invest $1.1bn to expand aluminum smelter in Canada

BENGALURU: Rio Tinto will invest $1.1 billion to expand its “low-carbon” aluminum smelter at Complexe Jonquière...

Published 19 Jun, 2023 06:54am

Markets

US focused on existing metals talks, Tai tells South Korean trade chief

WASHINGTON: US Trade Representative Katherine Tai told South Korea’s trade minister on Thursday the United States...

Published 29 Jan, 2022 06:05am

Markets

US, EU agree to deal on Trump-era steel, aluminum tariffs

WASHINGTON/ROME: The United States and European Union are expected to announce a deal to resolve a long-running ...

Published 31 Oct, 2021 04:05am

Business & Finance

Consumer goods companies walk a tightrope as inflation surges

CALIFORNIA: Big global brands Pepsi and Levi Strauss told investors this week they offset inflation with price...

Published 11 Oct, 2021 04:32am

Business

Reduced rate of import duty: FBR releases names of items, active drug ingredients

ISLAMABAD: The Federal Board of Revenue (FBR) has released the names of the items and active pharmaceutical...

Published 03 Jul, 2021 03:19am

Business & Finance

PABC's IPO oversubscribed as hungry investors take price to Rs49

Bids for 233 million shares made against offer of 93.8 million

Published 23 Jun, 2021 06:18pm

Business & Finance

Country's only can-maker PABC seeks listing to raise Rs3.3bn

KARACHI: Pakistan Aluminium Beverage Cans Limited (PABC) is planning to raise at least Rs3.3 billion by offering a ...

Published 19 Jun, 2021 03:23am

Markets

Chongqing Shunbo eyes $868m aluminium base in Anhui

BEIJING: China’s Chongqing Shunbo Aluminum Co, a maker of recycled aluminium products, said on Wednesday it ...

Published 13 May, 2021 03:10am

Markets

Canadian dollar rises by most in 11 months as commodities jump

Analysts expect Canada's employment report on Friday to show the economy shed 175,000 jobs in April as restrictions were tightened in some provinces to contain the coronavirus pandemic.

Published 07 May, 2021 11:22am

Business & Finance

Auto industry under pressure to increase price of products: experts

KARACHI: The local automotive industry is facing difficulties in bearing the cost of production as the prices of...

Updated 17 Mar, 2021 09:42am

US to impose anti-dumping tax on 18 countries

WASHINGTON: The US Department of Commerce is preparing to tax aluminum sheet exporters from 18 countries after...

Updated 04 Mar, 2021 09:38am

Markets

US to impose anti-dumping tax on 18 countries

According to the statement, 559 orders on various imports are currently in effect to "provide relief to American companies and industries impacted by unfair trade."

Published 03 Mar, 2021 11:20am

Markets

Japan's Showa Denko set to sell aluminum business to Apollo

Specifically, the Japanese materials maker plans to sell its aluminum rolled products business for electronic components as well as the aluminum can business.
The transaction is due to close by June, it said, without citing sources.

Published 28 Jan, 2021 05:59pm

World

Biden's Commerce pick Raimondo vows toughness on China

During the Trump administration, the commerce department cracked down on Chinese tech companies suspected of industrial espionage or of compromising US national security.

Published 27 Jan, 2021 11:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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