Trends - Cement sector - Business Recorder

Cement sector

It’s tepid times for cement

Every month, the cement manufacturers association shares the industry’s volumetric sales for public consumption, and...

Published 06 Dec, 2024 08:48am

Business & Finance

$500mn earned through export of surplus sugar, says PM Shehbaz

Premier calls for measures to improve taxation system

Updated 05 Dec, 2024 11:02pm

BR Research

Pioneer: Waiting for demand

Pioneer Cement has a game plan and it involves expansions. To some, this may come across as surprising because...

Published 02 Dec, 2024 08:43am

BR Research

Cement: Of veiled truths and open secrets

Significant journalistic hours have been spent lauding the financial performance of cement companies in this column,...

Updated 30 Nov, 2024 10:52am

Business & Finance

Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational

Thatta Cement Company Limited (THCCL) categorically rejected claims made by a competitor alleging an abrupt shutdown...

Updated 21 Nov, 2024 05:22pm

Markets

Expanding renewables: Kohat Cement installs 5.34 MW solar power plant

Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement...

Updated 20 Nov, 2024 03:31pm

BR Research

Cement: Redefining the game

There is nothing particularly surprising about the cement industry making reasonable earnings amid a demand drought....

Published 20 Nov, 2024 08:47am

BR Research

Fecto Cement Limited

Fecto Cement Limited (PSX: FECTC) was incorporated in Pakistan as a public limited company in 1981. The company is...

Published 20 Nov, 2024 08:44am

BR Research

Cement: No cracks in profitability

It appears that the fate of the cement industry is no longer tied to how strongly the companies perform on volumes....

Published 18 Nov, 2024 08:41am

BR Research

‘Concrete’ challenges continue

Cement’s dispatch numbers for October (roughly 4.36 million tons) are rosier than expected, up nearly 9 percent year...

Published 07 Nov, 2024 07:27am

Hefty penalty imposed on manufacturer: FBR begins scrutinising cement sector

KARACHI: The Federal Board of Revenue (FBR) has started scrutinizing the cement sector after imposing a hefty...

Updated 29 Oct, 2024 09:29am

BR Research

Fauji catches up

After merging with another military-owned cement company, Fauji’s importance—and its financial performance—should...

Published 28 Oct, 2024 08:53am

BR Research

LSM: Cement pulls growth back

The Large Scale Manufacturing (LSM) index for August 2024 was down 2.65 percent year-and-year and served as an early...

Published 24 Oct, 2024 08:08am

BR Research

Cement’s bag of magic tricks

If there is one lesson that Pakistani companies could learn from the cement business, it is how to make money in a...

Published 17 Oct, 2024 06:28am

BR Research

Kohat Cement Company Limited

Kohat Cement Company Limited (PSX: KOHC) was established by the State Cement Corporation of Pakistan in 1984. In...

Published 09 Oct, 2024 08:52am

BR Research

Cement: No giving up

It’s not just textiles, folks. The cement industry is witnessing an impressive run in expanding its exports to...

Published 08 Oct, 2024 08:58am

BR Research

No recovery in sight

Three months into the fiscal year and there doesn’t seem to be any recovery in sight for the construction industry...

Updated 04 Oct, 2024 11:19am

BR Research

Cement financials: All is well

The economy may be in dire straits but the cement industry is climbing out of its rut in a rather agreeable fashion....

Published 02 Oct, 2024 09:09am

BR Research

DGKC’s long game?

Did you hear the one about DG Khan Cement (PSX: DGKC)’s impressive entry into the United States market via cement...

Updated 26 Sep, 2024 09:42am

Markets

KSE-100 posts highest-ever earnings of Rs1.7trn

KARACHI: The KSE-100 index companies posted highest-ever earnings of Rs 1.7 trillion up 25 percent on year-on-year...

Published 25 Sep, 2024 06:48am

BR Research

MLCF: Slow ascent

In just three years, Mapleleaf Cement (PSX: MLCF) has watched its revenues double, though most of this growth came...

Published 16 Sep, 2024 06:42am

Business & Finance

Aug cement despatches decline 25.68pc to 3.336m tons YoY

LAHORE: The unprecedented and extremely high tax measures leading to a huge increase in cement prices have caused a...

Published 06 Sep, 2024 07:04am

BR Research

Cement prices soar

After months of staying in the Rs1200 range, in just the past two weeks, cement prices quietly jumped a few steps...

Published 10 Jul, 2024 09:03am

BR Research

Cement: No pressure!

At last, the fiscal year that would go down in history as one of the gloomiest years for the economy and a...

Published 04 Jul, 2024 08:31am

BR Research

Cement: Stronger together

Expectedly, the Budget 2024-25 raised more indirect taxes, of which raising FED on cement is only one of the many...

Published 26 Jun, 2024 07:36am

BR Research

Fauji Cement Company Limited

Fauji Cement Company Limited (PSX: FCCL) was incorporated in Pakistan as a public company in 1992 and commenced its...

Published 20 Jun, 2024 08:27am

BR Research

Cement: Cuts and scrapes

A 3 percent increase in sales may seem inconsequential, signaling weakness, but for the cement industry, a combined...

Published 10 Jun, 2024 08:23am

BR Research

Cement: Nary a sign of growth

Latest recorded offtake for May 24 shows a marked improvement in dispatches, and not just that in the exports...

Published 06 Jun, 2024 07:08am

BR Research

Cement’s sweltering summer

Exports may be saving the day for many cement manufacturers in FY24. The cement exports share in the total sales mix...

Published 31 May, 2024 09:06am

BR Research

Cement prices: up or down?

Latest reports suggest cement prices across markets have surged by Rs20-30 per bag. This is despite no visible...

Published 22 May, 2024 06:30am

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

Markets →

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Cement sector

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