Trends - Cement sector - Business Recorder

Cement sector

Flying Cement Company Limited

Flying Cement Company Limited (PSX: FLYNG) was incorporated in Pakistan as a public limited company in 1992. The...

Published 11 Feb, 2025 08:48am

Markets

Pakistan, China sign MoUs to enhance cooperation in clean energy, construction

Pakistan and China signed multiple memorandums of understanding (MoUs) Thursday to enhance cooperation in different...

Published 06 Feb, 2025 12:29pm

Business & Finance

Jan cement despatches soar 11.64pc to 3.313m tons YoY

LAHORE: Local cement despatches by the industry during January 2025 were recorded at 3.313 million tons compared to...

Published 04 Feb, 2025 08:26am

BR Research

Of delusions of grandeur

Some statements made by industry leaders should come with a trigger warning. So fare warnings, readers: ridiculous...

Published 06 Jan, 2025 08:47am

Business & Finance

Tax reductions can help boost sales: APCMA: Dec domestic cement despatches fall 4.76pc YoY

LAHORE: Referring to a 4.76 percent decline in domestic cement despatches during the month of December 2024, the All...

Published 03 Jan, 2025 07:28am

BR Research

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	280.20
USD PKR Interbank Buying / Mar 28	280
USD to Japanese Yen / Mar 28	150.83
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 27	5,693.31
Nasdaq / Mar 27	17,804.03
Dow Jones / Mar 27	42,299.70
India Sensex / Mar 28	23,448.24
Tokyo Nikkei / Mar 28	36,977.70
Hang Seng / Mar 28	77,559.63
FTSE 100 / Mar 28	8,672.68
Germany DAX 30 / Mar 28	22,600.10
France CAC40 / Mar 28	7,969.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 27	17,085
Gold 10 Grams PKR / Mar 27	275,205
Petrol/Litre / Mar 28	255.63
Crude Oil USD/Barrel / Mar 28	69.76
Gold Spot USD/Ounce / Mar 28	3,079.82
Diesel/Litre / Mar 28	258.64
Cotton US¢/pound / Mar 28	66.73

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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Cement sector

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