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PASSCO

Wheat sector: Govt fast-tracks deregulation under IMF terms

Ministry of National Food Security and Research announces plans to organize a “National Workshop on Deregulating the Wheat Sector” to develop a comprehensive strategy

Updated 22 Jan, 2025 03:28pm

Markets

Agriculture, IT twin engines of growth: Finance Minister

Aurangzeb expresses intention to shut down Pakistan Agricultural Storage and Services Corporation, create alternative mechanism for maintaining strategic reserves

Updated 29 Dec, 2024 10:05pm

Wheat procurement: Body formed to prepare plan as per IMF terms

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee headed by Finance Minister Muhammad Aurangzeb...

Updated 16 Nov, 2024 03:03pm

Passco to allocate, release wheat: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet decided that domestic and imported wheat would...

Updated 02 Nov, 2024 03:06pm

Pakistan

Member CCP held for alleged involvement in wheat scam

ISLAMABAD: Federal Investigation Agency Anti-Corruption Circle Lahore has arrested Saeed Ahmed Nawaz, Member...

Published 04 Sep, 2024 08:27am

PASSCO privatisation: PM for preparing action plan

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed to prepare an action plan regarding the privatisation of...

Updated 13 Jul, 2024 09:50am

Markets

PASSCO increases its wheat procurement target

ISLAMABAD: Minister for Law and Justice Azam Nazeer Tarar said that Pakistan Agricultural Storage and Services...

Published 07 Jun, 2024 06:24am

Pakistan

Naqvi praises PM for farmer-friendly initiative

LAHORE: Interior Minister Mohsin Naqvi has paid tribute to Prime Minister Shehbaz Sharif for increasing target of...

Published 16 May, 2024 06:29am

Business & Finance

Passco MD, GM Procurement suspended

LAHORE: Prime Minister Shehbaz Sharif has ordered the suspension of Managing Director and General Manager...

Published 14 May, 2024 05:18am

Markets

Wheat crisis: PM suspends PASSCO higher-ups

Prime Minister Shehbaz Sharif on Monday ordered the suspension of the Managing Director and General Manager...

Updated 13 May, 2024 11:12pm

Pakistan

PM lauded for forming body to address farmers’ grievances

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has applauded the Prime Minister of Pakistan...

Published 12 May, 2024 03:09am

Editorials

Political uncertainty continues to pervade

EDITORIAL: Three months after the general elections that were expected to presage easing of all political ...

Published 11 May, 2024 06:22am

Business & Finance

Import of 200,000 MTs of urea fertiliser allowed: ECC increases Passco’s wheat procurement target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased procurement of wheat target of...

Published 08 May, 2024 06:43am

Business & Finance

Wheat procurement: FPCCI body challenges Passco’s competence

ISLAMABAD: Standing Committee on Agriculture of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has...

Published 08 May, 2024 06:43am

Wheat fiasco points towards govt ‘negligence’

ISLAMABAD: The mismanagement associated with allowing wheat imports, which benefited the private sector and deprived...

Updated 07 May, 2024 08:52am

ECC all set to approve enhancement of wheat target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve enhancement of wheat...

Updated 07 May, 2024 08:51am

Wheat procurement: PM vows to protect farmers

LAHORE: Announcing that the federal government will procure 1.8 million metric tonnes of wheat through the Pakistan...

Updated 05 May, 2024 01:52pm

Business & Finance

ECC clears Rs274bn CCL for wheat procurement

ISLAMABAD: The Economic Coordination Committee of Cabinet approved a Rs274 billion Cash Credit Limit (CCL) for the...

Published 06 Apr, 2024 05:28am

Editorials

The wheat harvest

EDITORIAL: Surely, the new prime minister, and his cabinet would have liked to settle in to better news than the...

Published 13 Mar, 2024 06:32am

Pakistan

There’s no wheat shortage, Senate told

ISLAMABAD: The caretaker government has claimed that 7.2 million metric tonnes of wheat stocks are currently...

Published 28 Nov, 2023 04:56am

Cash credit limit: ECC’s approval sought for Punjab, Sindh

ISLAMABAD: Ministry of National Food Security and Research (M/s NFS&R) has sought ECC approval for Cash Credit...

Updated 23 Nov, 2023 08:44am

Wheat procurement: ECC directs ministry to submit action plan

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

Updated 03 Nov, 2023 10:10am

Various depts/organisations: TCP receivables stand at Rs253.8bn

ISLAMABAD: The Trading Corporation of Pakistan (TCP) receivables against various departments/organisations stand at...

Updated 14 Oct, 2023 09:54am

Agencies/provinces/areas: ECC allows allocation of wheat on price-weighted average

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed allocation of wheat among the recipients...

Updated 25 Jul, 2023 09:23am

Opinion

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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