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Pakistan’s listed pharma sector sees earnings go down 42% YoY in 2023

Decline attributed to decrease in gross margin, higher finance cost, says brokerage house

Updated 29 Mar, 2024 04:16pm

Pakistan

LHC suspends notification of fixing drug prices

LAHORE: The Lahore High Court on Thursday suspended a notification of fixing drug prices. Earlier, the petitioner...

Published 23 Feb, 2024 06:36am

Editorials

An unrestrained public health hazard

EDITORIAL: For the last several decades, manufacturing and marketing of fake/substandard drugs have gone on in this...

Published 05 Feb, 2024 06:08am

Hike in 146 drug prices allowed

Caretaker federal cabinet approves signing of an MoU between the Competition Commission of Pakistan and the State Administration of Market Regulation China

Updated 02 Feb, 2024 11:45am

Business & Finance

PPMA urges govt to allow hike in prices of 262 medicines

KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has called upon the interim federal...

Published 12 Dec, 2023 05:28am

ECC for taking provinces on board for revising drug prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Ministry of National Health...

Updated 25 Nov, 2023 05:35pm

ECC approves over Rs33bn grants 3 days ahead of budget

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved over Rs33 billion...

Updated 06 Jun, 2023 08:47am

Editorials

Finally, DRAP yields

EDITORIAL: Finally, the Drug Regulatory Authority of Pakistan (DRAP) has allowed pharmaceutical companies to ...

Updated 25 May, 2023 07:06am

Opinion

Hike in drug prices

How ironic it is that the pharmaceutical sector of Pakistan considers a 20 percent hike in the prices of essential...

Published 30 Apr, 2023 05:10am

Hike in prices of essential drugs approved by ECC

ECC approves Ministry of National Health Services summary for an increase based on the recommendations of the Policy Board of DRAP in the wake of the devaluation of the rupee and inflation

Updated 29 Apr, 2023 11:37am

Editorials

Drug price challenge

EDITORIAL: It seems that the government has still not learned that rejecting any increase in prices of medicines to...

Published 15 Apr, 2023 06:19am

Business & Finance

Dollar-rupee fluctuation: Importers demand across-the-board hike in drug prices

KARACHI: Pakistan is facing an extreme shortage of imported medical products such as those related to general...

Published 21 Mar, 2023 06:29am

Business & Finance

Drug price adjustment: Pharma industry seeks support of govt

ISLAMABAD: Pharma industry has sought the support of the government for addressing their issues related to price...

Published 15 Mar, 2023 07:05am

Opinion

Makers to raise drug prices in US this month

Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb , AstraZeneca PLC and Sanofi SA plan to...

Published 01 Jan, 2023 03:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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