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export tax

KATI condemns proposed fixed tax regime on exports

KARACHI: Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has strongly condemned...

Published 25 Jun, 2024 06:42am

Business & Finance

India raises crude oil windfall tax, cuts diesel export tax

NEW DELHI: India raised its windfall tax on crude oil marginally while cutting the tax on exports of diesel,...

Published 05 Mar, 2023 03:36am

Markets

Palm closes at near 2-week low

KUALA LUMPUR: Malaysian palm oil futures fell more than 3% on Thursday to close at a near two-week low as rival...

Published 19 Aug, 2022 05:57am

Markets

Russian wheat prices down as new crop arrives

MOSCOW: Russian wheat export prices fell last week due to pressure from the new crop, which farmers have just ...

Published 05 Jul, 2022 05:19am

Markets

Indonesia considers export tax on low content nickel products

JAKARTA: Indonesia is considering imposing an export tax on low content nickel products to encourage downstream...

Published 25 May, 2022 08:30pm

Markets

Malaysia may cut palm oil export tax by half amid global supply crisis

KUALA LUMPUR: Malaysia’s commodities ministry has proposed cutting the export tax on palm oil by as much as half ...

Published 11 May, 2022 04:58am

Markets

EU wheat hits highs on French, Russian supply concerns

PARIS: Euronext wheat rose to new contract highs on Tuesday as rain affected the milling quality of the French...

Published 11 Aug, 2021 04:27am

Markets

Russia to reduce export tax on soybeans from July 1

The new tax will be in place until September 2022, it said.

Published 28 May, 2021 11:19am

Markets

EU wheat slips to one-month low

LONDON: Euronext wheat fell on Monday, tracking a sharp decline in Chicago futures as an improving outlook for the ...

Published 25 May, 2021 04:40am

Markets

Palm oil slips 3.5pc

KUALA LUMPUR: Malaysian palm oil futures dropped 3.5% on Wednesday after the second-largest producer raised its...

Published 20 May, 2021 04:26am

Business

Argentina mulling grains export tax hike: gov’t official

BUENOS AIRES: Argentina is considering an increase in grains export taxes, an official told local radio on Friday,...

Published 25 Apr, 2021 03:13am

Markets

Paris wheat soars on dry weather outlook in EU, US

PARIS: European wheat prices rallied on Wednesday on concerns about dry weather in large European grain-producing...

Published 16 Apr, 2021 03:40am

July-March (2020-21): FBR witnesses 10pc growth in collection

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed 10 percent growth in revenue collection during ...

Published 03 Apr, 2021 03:41am

Markets

Turkey receives offers in 115,000 T corn purchase tender

HAMBURG: The lowest price offered in the first round of a tender from Turkey’s TMO state grain board to buy ...

Published 20 Mar, 2021 04:39am

Markets

Strategie Grains cuts EU wheat export forecast as demand wanes

PARIS: Consultancy Strategie Grains on Thursday lowered its monthly forecast of soft wheat exports from the European...

Published 19 Mar, 2021 05:32am

Markets

EU wheat hits 3-week low as US crop outlook improves

LONDON: European wheat prices fell to a three-week low on Friday, dragged down by weakness in Chicago prices as ...

Published 14 Mar, 2021 04:13am

Markets

European wheat prices rise

HAMBURG: European wheat prices rose on Monday as US and European grain belts were hit by freezing temperatures while...

Published 10 Feb, 2021 04:12am

Markets

Russia to introduce formula-based wheat export tax on June 2

MOSCOW: Russia is accelerating plans to switch to a formula-based tax on wheat exports, the economy minister said on...

Updated 05 Feb, 2021 11:47pm

Markets

Russia may impose formula-based export tax for wheat from June 1

The tax may be set at 70% of price per tonne minus $200.
Russian officials are still debating about what to accept as the price for the formula.

Published 30 Jan, 2021 05:31pm

Markets

Russian wheat export prices down after sharp growth

MOSCOW: Russian wheat export prices fell last week after sharp growth earlier in the month as a result of an ...

Published 27 Jan, 2021 04:59am

Markets

US MIDDAY: Corn, soya, wheat climb

CHICAGO: US corn futures surged 4% on Tuesday as news of fresh export sales to China re-ignited concerns about...

Published 27 Jan, 2021 04:59am

Markets

Russia considering 15pc sunflower oil export tariff

Russia is also planning an export tax on wheat, as part of measures to stabilise rising domestic food prices.

Published 15 Dec, 2020 04:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	155.22
USD to Swiss Franc / Dec 18	0.90
Pound Sterling to USD / Dec 18	1.26
Euro to USD / Dec 18	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
India Sensex / Dec 18	79,372.61
Tokyo Nikkei / Dec 18	38,741.83
Nasdaq / Dec 18	19,392.69
Hang Seng / Dec 18	19,666.12
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57

Item	Value
Crude Oil USD/Barrel / Dec 18	70.19
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Gold Spot USD/Ounce / Dec 18	2,609.22
Cotton US¢/pound / Dec 18	68.06
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Faran Sugar (R) / Dec 19 Faran Sugar Mills Limited (R)(FRSMR)	10.43 ▲ 1.00 (10.60%)
Popular Islamic / Dec 19 Popular Islamic Modaraba(PIM)	13.48 ▲ 1.23 (10.04%)
Attock Cement / Dec 19 Attock Cement Pakistan Limited(ACPL)	285.20 ▲ 25.93 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Sardar Chemical / Dec 19 Sardar Chemical Industries Limited(SARC)	37.95 ▲ 3.45 (10.00%)
Thatta Cement / Dec 19 Thatta Cement Company Limited(THCCL)	185.52 ▲ 16.87 (10.00%)
Al-Khair Gadoon / Dec 19 Al-Khair Gadoon Limited(AKGL)	46.35 ▲ 4.21 (9.99%)

Stock	Price
Ahmad Hassan / Dec 19 Ahmad Hassan Textile Mills Limited(AHTM)	49.50 ▼ -5.50 (-10.00%)
J.A.Textile / Dec 19 J.A. Textile Mills Limited(JATM)	40.70 ▼ -4.52 (-10.00%)
Shadman Cotton / Dec 19 Shadman Cotton Mills Limited(SHCM)	26.80 ▼ -2.95 (-9.92%)
LSE Financial Serv. / Dec 19 LSE Financial Services Limited(LSEFSL)	18.10 ▼ -1.97 (-9.82%)
Ideal Sp. / Dec 19 Ideal Spinning Mills Limited(IDSM)	11.30 ▼ -1.20 (-9.60%)
Trust Sec.& Brok. / Dec 19 Trust Securities & Brokerage Limited(TSBL)	9.55 ▼ -1.00 (-9.48%)
Imperial Limited / Dec 19 Imperial Limited(IML)	18.25 ▼ -1.91 (-9.47%)
Dadabhoy Cement / Dec 19 Dadabhoy Cement Industries Limited(DBCI)	6.90 ▼ -0.72 (-9.45%)
Nazir Cotton Mills / Dec 19 Nazir Cotton Mills Limited(NCML)	11.51 ▼ -1.20 (-9.44%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	139,290,885 ▼ -0.08
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	67,462,895 ▼ -0.18
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.21
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -0.18
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	50,144,684 ▲ 0.93
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	46,773,842 ▼ -0.21
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 2.61
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▲ 0.10
Fauji Foods Ltd / Dec 19 Fauji Foods Limited(FFL)	21,856,915 ▼ -0.26

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