Trends - Pakistan Sugar Mills Association

Pakistan Sugar Mills Association

PSMA seeks nod to export more sugar

ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has sought government’s permission to export more sugar,...

Updated 08 Nov, 2024 09:53am

Business & Finance

Faisal Ahmad elected PSMA (Centre) chairman

LAHORE: Pakistan Sugar Mills Association (Central) on Thursday elected Faisal Ahmed Mukhtar as its chairman for the...

Published 11 Oct, 2024 06:30am

Business & Finance

PSMA-Sindh Zone elects office-bearers for 2024-26

KARACHI: The Annual General Meeting and Election of Pakistan Sugar Mills Association-Sindh Zone were held on...

Published 04 Oct, 2024 06:46am

Business & Finance

Once again, PSMA urges govt to allow export of ‘surplus’ sugar

LAHORE: The Pakistan Sugar Mills Association (PSMA) has once again asked the government to allow early export of...

Updated 07 Aug, 2024 07:00am

Business & Finance

Millers again urge govt to allow export of surplus sugar

LAHORE: Pakistan Sugar Mills Association (Punjab Zone) says that in a recent meeting of Sugar Advisory Board (SAB) ...

Published 29 Jul, 2024 06:37am

BR Research

Sugar industry: political affiliation isn’t helping

The sugar industry is in the news again. The industry wants a license to export surplus stocks; the government wants...

Published 04 Jun, 2024 08:58am

Pakistan

PSMA clarification

LAHORE: Pakistan Sugar Mills Association (Punjab Zone) has categorically denied a news report carried Business...

Published 30 May, 2024 06:19am

Business & Finance

PSMA-Punjab urges govt to allow immediate export of sugar

LAHORE: A spokesman of Pakistan Sugar Mills Association (Punjab Zone) has denied that the ex-mill prices of sugar...

Published 22 Apr, 2024 04:39am

Business & Finance

PSMA urges govt to create ‘permanent’ window of sugar export

LAHORE: The Pakistan Sugar Mills Association (Punjab Zone) has urged the government to create a permanent window of...

Published 03 Apr, 2024 05:29am

Business & Finance

PSMA clarification

LAHORE: Pakistan Sugar Mills Association (PSMA) while referring to a news item appeared in a section of a press...

Published 19 Jan, 2024 05:37am

Markets

Pakistan govt disallows sugar export till season-end assessment: Dr Gohar Ejaz

Caretaker Federal Minister for Commerce & Industries Dr Gohar Ejaz on Wednesday said that the government will...

Updated 22 Nov, 2023 10:42pm

Pakistan

Govt to take steps to stop sugar smuggling: minister

Punjab Industries Minister SM Tanveer assures the sugar and ethanol industry to solve their problems

Updated 06 Aug, 2023 10:26am

Millers reject govt-fixed sugar price

LAHORE: The Pakistan Sugar Mills Association (PSMA) has rejected the ex-mill and retail price of sugar fixed by the...

Updated 01 May, 2023 08:57am

Business & Finance

Ministries, provinces: MoC conveys sugar export mechanism

ISLAMABAD: The Ministry of Commerce (MoC) has conveyed sugar export mechanism to the concerned ministries and...

Published 19 Jan, 2023 05:58am

Business & Finance

PSMA again offers to sell surplus sugar at Rs115/kg

LAHORE: The Pakistan Sugar Mills Association (Punjab Zone) has once again offered the federal government to buy the...

Published 29 Dec, 2022 05:59am

Markets

PSMA says there’s no sugar shortage in country

LAHORE: Pakistan Sugar Mills Association (Punjab Zone) has categorically denied a news item in the media regarding...

Updated 24 Nov, 2022 09:38am

Business & Finance

PBF supports PSMA’s stance on sugar export

KARACHI: Pakistan Businesses Forum (PBF) vice president Ahmad Jawad has supported the stance of Pakistan Sugar Mills...

Published 12 Oct, 2022 06:50am

Business & Finance

Cartelisation: CCP slaps Rs45bn penalties in 2 years

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed an accumulative penalty of around Rs45 billion...

Published 06 Oct, 2022 05:59am

Business & Finance

PSMA urges govt to allow export of surplus sugar

LAHORE: The Pakistan Sugar Mills Association (PSMA) reiterating its demand on Tuesday has appealed to the federal...

Published 24 Aug, 2022 05:08am

Business & Finance

Miftah for maintaining strategic reserves of sugar

ISLAMABAD: Finance Minister Miftah Ismail has assured the Pakistan Sugar Mills Association (PSMA) that the present...

Published 28 May, 2022 05:11am

Business & Finance

Talks between PSMA, govts: spokesman says there’s no solid outcome

LAHORE: Pakistan Sugar Mills Association (PSMA) members have expressed concerns over the futile meetings with the...

Published 14 Jan, 2022 07:45am

Pakistan

PSMA rejects claim of cane commissioner

LAHORE: The Pakistan Sugar Mills Association (PSMA) rejected the claim by the cane commissioner that supply of...

Published 08 Jan, 2022 03:59am

Business & Finance

PSMA asks cane commissioner to identify ‘unauthorised purchasing agents’

LAHORE: The Pakistan Sugar Mills Association (PSMA) Punjab Zone has asked the Cane Commissioner Punjab to identify...

Published 16 Dec, 2021 04:00am

Cases registered against owners of three sugar mills

LAHORE: The Punjab government on Friday initiated stern action against the sugar mills for committing violations of...

Updated 16 Oct, 2021 01:34pm

Sugar millers yet to deposit Rs44bn penalty

Competition Commission of Pakistan had found PSMA and its 81 members guilty of certain prohibited cartel-like behaviour/conduct and causing "by object restriction" on competition in the industry

Updated 07 Sep, 2021 10:51am

BR Research

Knowledge of rival stock position: what good is it?

Commenting on CCP’s Sugar Order, BR Research explained yesterday that while “PSMA needs to explain why it ...

Published 24 Aug, 2021 07:25am

BR Research

CCP Sugar Order: what is ‘sensitive commercial information’?

Last week, the Competition Commission imposed Rs 44 billion worth penalties on Pakistan Sugar Mills Association and...

Updated 23 Aug, 2021 08:01am

Largest penalty ever of Rs44bn imposed on sugar mills, PSMA

The hearings for 80 mills (5 mills chose not to appear or respond) spanned a considerable period, commencing on 7 January 2021 and concluding on 26 May 2021
Cartelisation, anti-competitive activities, collectively deciding the quantum of exports among reasons

Updated 14 Aug, 2021 10:59am

Order to fix price of sugar rattles the industry

ISLAMABAD: The federal government has issued a new notification on July 30, 2021 through the Ministry of Industries...

Updated 03 Aug, 2021 09:57am

Business & Finance

PSMA concerned at cane commissioner’s statement

LAHORE: The Pakistan Sugar Mills Association (PSMA) Punjab on Friday showed its concern on the recent statement of...

Published 17 Apr, 2021 03:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 7	278
USD PKR Interbank Buying / Nov 7	277.85
USD to Japanese Yen / Nov 7	152.67
USD to Swiss Franc / Nov 7	0.87
Pound Sterling to USD / Nov 7	1.30
Euro to USD / Nov 7	1.08

Stock	Volume
S&P 500 / Nov 7	5,973.10
India Sensex / Nov 7	79,541.79
Tokyo Nikkei / Nov 7	39,475.04
Nasdaq / Nov 7	19,269.46
Hang Seng / Nov 7	20,767.64
FTSE 100 / Nov 7	8,140.74
Dow Jones / Nov 7	43,729.34
Germany DAX 30 / Nov 7	19,362.52

Item	Value
Crude Oil USD/Barrel / Nov 7	71.82
Karachi Cotton PKR/37.32 KG / Nov 7	18,285
Gold 10 Grams PKR / Nov 7	237,311
Gold Spot USD/Ounce / Nov 7	2,659.75
Cotton US¢/pound / Nov 7	71.01
Petrol/Litre / Nov 8	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Pakistan Sugar Mills Association

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