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pharmaceutical

Pakistan’s Citi Pharma to set up API plants in Indonesia

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has entered into a strategic partnership with Mersi...

Published 03 Dec, 2024 02:27pm

Editorials

Archaic pharma regulations

EDITORIAL: Recent years have seen Pakistan’s pharmaceutical sector struggle to stay afloat as it grapples with...

Published 30 Nov, 2024 06:26am

Export boost: Pharma sector urges govt to lend a helping hand

KARACHI: As Pakistan’s pharmaceutical sector aims to leverage its potential for increased exports, industry experts...

Updated 13 Nov, 2024 09:25am

Business & Finance

Pakistan’s pharma sector warns 2pc Cess in KP threatens exports to Afghanistan

KARACHI: The recent imposition of 2% cess on exports by the Khyber Pakhtunkhwa (KP) government is raising alarm...

Published 11 Oct, 2024 06:30am

Business & Finance

7th Pakistan Pharma Summit: event aims to highlight innovations, collaborative growth in pharmaceutical sector

KARACHI: As Pakistan’s pharmaceutical industry looks to evolve amidst local and global challenges, the 7th ...

Published 23 Sep, 2024 06:45am

BR Research

The Searle Company Limited

The Searle Company Limited (PSX: SEARL) was incorporated in Pakistan as a private limited company in 1965 and was...

Published 12 Jun, 2024 07:04am

Business & Finance

Boosting Pakistan’s pharmaceutical exports: learning from India’s success

KARACHI: Recent research has highlighted the massive gap between Pakistan’s potential to export and the value it...

Updated 22 Apr, 2024 08:23pm

Business & Finance

Target set to enhance pharmaceutical exports to $1bn in FY24: DRAP

KARACHI: The government, along with all stakeholders of the sector, has set a target to enhance pharmaceutical...

Published 17 Nov, 2023 06:06am

BR Research

Highnoon Laboratories Limited

Highnoon Laboratories Limited (PSX: HINOON) was incorporated in Pakistan as a private limited company in 1984 and...

Published 23 Aug, 2023 08:33am

22pc interest rate inimical to business activities: PM

ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business...

Updated 13 Jul, 2023 10:33am

Govt agencies allowed to import pharma raw material

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to amend the Import Policy Order...

Updated 26 Jun, 2023 09:16am

Editorials

Imminent ‘catastrophe’

EDITORIAL: The government is trying to keep a straight face, but it seems pretty helpless as around 40 ...

Published 11 Feb, 2023 05:57am

Opinion

Scarcity of medicines

The issue of letters of credit (LCs) has enormously added to both price hike and inflationary pressures. It has also...

Published 28 Jan, 2023 06:20am

Business & Finance

‘Export emergency’ should be declared: ministry

ISLAMABAD: Export-led growth is the cure for our economic woes. Ministry of Planning and Development will recommend...

Published 28 Jan, 2023 06:20am

Business & Finance

Drug registration: DRAP all set to digitize its systems by year-end

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) is all set to digitize its entire systems by the end of ...

Published 28 Jan, 2023 06:20am

Business & Finance

Drug manufacturers seek urgent steps for raw material import

KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has earnestly appealed to the government to...

Published 19 Jan, 2023 05:58am

Markets

Searle Pakistan looks to raise Rs3.24bn through IPO

Searle Pakistan Limited (SPL), formerly OBS Pakistan Pvt Limited and a subsidiary of The Searle Company Limited...

Published 15 Dec, 2022 04:40pm

Business & Finance

Drug companies warn of increasing medicine prices 'if DRAP continues to ignore plight'

Firms set Monday as deadline for holding meeting with pharma companies

Published 29 Sep, 2022 09:22pm

Pakistan

Senate panel rejects proposed amendments to PMDC Bill

ISLAMABAD: The Senate Standing Committee on National Health Services on Wednesday, by majority votes, rejected...

Published 29 Sep, 2022 05:54am

Business & Finance

Lucky Cement announces consolidate earnings of Rs26.53bn for 9M 2021-22

KARACHI: On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of Rs26.53 billion of...

Published 29 Apr, 2022 05:43am

Pakistan

Martin Dow first company to introduce AI tool ‘MD-AlDer’ in Pakistan

KARACHI: The leading pharmaceutical group Martin Dow has achieved another landmark by introducing the Artificial...

Published 02 Feb, 2022 04:45am

Business & Finance

Raw materials: Pharma industry seeks withdrawal of 17pc GST

LAHORE: The medicine manufacturers have urged the government to review its decision imposing a 17per cent General...

Published 24 Jan, 2022 06:50am

Pakistan

PPMA holding first PESA today

ISLAMABAD: Pakistan Pharmaceutical Manufacturers Association (PPMA) is holding the 1st Pharma Export Summit and...

Published 29 Sep, 2021 03:59am

Markets

Citi Pharma plans multi-million dollar subsidiary in Uzbekistan

Eyeing expansion, Pakistan's Citi Pharma Limited said that it is planning to establish a multi-million dollar,...

Published 16 Sep, 2021 01:54pm

Business & Finance

$26bn opioid settlement ready for next step: US drug firms

NEW YORK: Four pharmaceutical companies have said they received enough support from US states to move to the next...

Published 06 Sep, 2021 06:14am

Business & Finance

UBG sees huge potential in trade ties with Italy

KARACHI: Leadership of United Business Group (UBG) has said that Pakistan and Italy had a tremendous potential to...

Published 05 Aug, 2021 04:34am

Pakistan

Ample opportunities for investors in Sri Lanka: Pak envoy

KARACHI: Pakistan's Ambassador to Sri Lanka Major General Muhammad Saad Khattak (Retd) has said despite Covid-19, ...

Published 18 Jul, 2021 04:14am

Business & Finance

Pakistan’s Dawaai raises $8.5 million amid expansion plans

Hopes to use recent investment to grow its infrastructure expansion and technology

Updated 10 Jun, 2021 01:15pm

Business & Finance

‘Pharmaceutical sector can help Pakistan with its export target’

It is a low-hanging fruit that can aid the economy achieve sustainable growth, says PBC vice-chairman

Published 02 Jun, 2021 08:02pm

Business & Finance

SMEs boost imperative: Industrial growth kept limited to LSM, says Mian Zahid

KARACHI: Chairman of National Business Group and Pakistan Businessmen and Intellectuals Forum President Mian Zahid...

Updated 18 May, 2021 09:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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