Trends - construction sector - Business Recorder

construction sector

Minister assures ABAD of complete elimination of land mafias, kidnappers

KARACHI: Provincial Minister for Home and Parliamentary Affairs Sindh Ziaul Hassan Lanjhar assured the ...

Published 09 Nov, 2024 07:55am

Pakistan

Uplift schemes worth Rs3.6bn approved

LAHORE: The Provincial Development Working Party (PDWP) on Friday approved two development schemes worth Rs 3.6...

Published 09 Nov, 2024 07:14am

Business & Finance

ABAD demands long-term tax policies, easier financing access

KARACHI: The Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has urged the...

Published 19 Oct, 2024 06:48am

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

New levy: Taxable profits of builders, developers fixed

ISLAMABAD: The Federal Board of Revenue (FBR) has fixed minimum profits of builders and developers for collecting a...

Updated 29 Jun, 2024 02:14pm

Construction sector: IMF asks FBR to abolish special tax regime

Recommends subjecting sector to standard income tax regime

Updated 15 Mar, 2024 04:03pm

Perspectives

Challenges and opportunities in Pakistan’s real estate Sector

Pakistan’s once-booming real estate sector is facing a crisis, with declining home values and skyrocketing interest...

Published 01 Mar, 2024 12:06pm

Business & Finance

Cut in taxes on real estate to help attract foreign investment: ICCI

ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the...

Published 11 Sep, 2023 06:32am

Business & Finance

New advance tax imposed on construction, residential businesses

ISLAMABAD: Finance Act 2023 has imposed a new advance tax on the construction, development and disposal of ...

Published 27 Jun, 2023 06:15am

Business & Finance

IAPEX expo: thinkPVC showcases latest products, solutions for construction sector

KARACHI: thinkPVC, a unique concept store and one-stop solution for sustainable construction products in Pakistan, ...

Published 19 May, 2023 06:17am

Markets

European shares slip as data signal slower economic recovery

PARIS: European shares fell on Wednesday as investors maintained a cautious stance after data signalled a...

Published 06 Apr, 2023 06:20am

BR Research

Plight of the labour class

If these are not the toughest times an average Pakistani citizen has faced, the toughest must have been close to...

Published 24 Mar, 2023 08:47am

Pakistan

IAP Exhibition 2023: Use of black money in construction sector should be discouraged: President

ISLAMABAD: President Dr Arif Alvi has called for adopting green and sustainable building practices in the ...

Published 21 Jan, 2023 06:15am

Markets

China Dec steel output rises from prior month

SHANGHAI: China’s December steel output rose 4.5% from the prior month, official data showed on Tuesday, as demand...

Published 19 Jan, 2023 05:58am

Business & Finance

Govt should give incentives to construction sector: KATI chief

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has said the government ...

Published 03 Jan, 2023 03:25am

Pakistan

Sustainable engineering plays key role in construction sector, says administrator

KARACHI: Administrator Karachi, Spokesperson Sindh Government and CM Advisor on Law Barrister Murtaza Wahab on ...

Published 28 Nov, 2022 07:06am

Markets

Iron ore futures lower

MANILA: Iron ore futures slumped on Tuesday, with the Dalian benchmark contract hitting a seven-week low, while...

Published 26 Oct, 2022 05:52am

Business & Finance

Concern expressed over rising cement prices

KARACHI: Secretary General of the United Business Group (UBG), Southern Zone, former chairman of Association of...

Published 20 Oct, 2022 05:36am

BR Research

Real wages nosedive

The daily wages for the construction sector may well have grown the most in ten quarters at 10 percent during 1QFY23...

Updated 28 Sep, 2022 08:42pm

Business & Finance

Pakistan Property Show in Dubai attracts 20,000 people

Pakistan Property Show was inaugurated by H.E Sultan Butti Bin Mejren, Director General of the Dubai Land Department

Published 13 Sep, 2022 05:29pm

Business & Finance

Cartelisation, abuse of dominance: CCP investigating potential involvement of two float glass manufacturers

ISLAMABAD: Float glass, an important component of the construction sector, is under scrutiny of the Competition...

Published 10 Sep, 2022 04:14am

Business & Finance

India’s economy grows at fastest pace in a year; slowdown expected

NEW DELHI: India’s economy grew at its fastest pace of 13.5% year-on-year in the April-June quarter though...

Published 01 Sep, 2022 05:50am

Editorials

Economy must have clear precedence

EDITORIAL: The ongoing political impasse is a negation of what the country needs urgently to bring the economy...

Published 15 Aug, 2022 05:41am

Business & Finance

Facing massive cost-escalation, construction industry braces for tough time

Builders facing difficulties in pricing housing units for new projects

Published 23 Jul, 2022 07:37pm

Opinion

FY2021-22: Overstatement of GDP growth rate

The latest Pakistan Economic Survey for 2021-22 reveals that the economy has performed well this year and the growth...

Published 28 Jun, 2022 06:10am

Business & Finance

SBP, banks organise ‘mela’ in Faisalabad to promote housing finance

KARACHI: State Bank of Pakistan (SBP) together with banks held a Mela in Faisalabad on Saturday to increase ...

Published 20 Mar, 2022 06:04am

Opinion

Fine points about new amnesty scheme

Having failed to honour his word and bring back all the wealth looted from the country and stashed in foreign...

Published 03 Mar, 2022 04:39am

Business & Finance

Construction cost goes up amid cement, steel price hike

Local cement prices have been hiked by Rs30 per bag (50kg) in the South region

Published 21 Feb, 2022 04:13pm

BR Research

Construction and housing: Boom, doom or bust?

That this government could facilitate the building of 5 million houses in five years was anyway too outlandish an...

Published 31 Dec, 2021 07:59am

Pakistan

ABAD hands ‘charter of demand’ over to CM

KARACHI: Mohsin Sheikhani, Chairman, Association of Builders and Developers (ABAD) on Wednesday said that a...

Published 02 Dec, 2021 03:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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