Trends - raw materials - Business Recorder

raw materials

FBR set to put more curbs on FATA/ PATA steel sector

ISLAMABAD: Federal Board of Revenue (FBR) is reportedly working on a new policy to restrict the import of raw...

Updated 03 Dec, 2024 09:23am

Negative list: FBR excludes many items

ISLAMABAD: The Federal Board of Revenue (FBR) has excluded a number of items from the negative list and allowed...

Updated 16 Jan, 2024 09:41am

World

EU parliament backs plans to secure raw materials supply

STRASBOURG (France): The European Parliament approved plans to secure the EU its own supply of critical raw ...

Published 18 Sep, 2023 07:25am

High interest rates, power tariffs, costly raw materials: Textile sector will continue to face economic headwinds: APTMA

ISLAMABAD: The textile sector will continue to experience economic headwinds related to high interest rates,...

Updated 16 Aug, 2023 10:42am

Business & Finance

KCCI urges SBP to take notice of banks’ denial to issue LCs

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep...

Published 25 Jul, 2023 06:20am

CCP urges SBP to enable SMEs to avail lower interest rates

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the State Bank of Pakistan (SBP) to make it easier...

Updated 16 Jul, 2023 09:21am

Pharmaceutical sector granted major tax relief

ISLAMABAD: The government has provided major tax relief to the pharmaceutical sector by allowing the reduced rate of...

Updated 10 Jul, 2023 08:51am

Business & Finance

APTPMA chief hails budget

FAISALABAD: Federal budget 2023-24 is a ‘balanced budget’, nevertheless, there is enough room for improvement...

Published 12 Jun, 2023 06:26am

Business & Finance

Budget proposals: KCCI for adopting ‘novel’ approaches to economic challenge

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) firmly believes that that out-of-the-box solutions...

Published 24 May, 2023 05:57am

Letters of credit: Banks asked to facilitate: Export-oriented sectors find favour with Dar

Finance minister reiterates government’s resolve to overcome challenges and set the economy towards growth

Updated 22 May, 2023 05:34pm

Business & Finance

Export facilitation scheme to boost exports: FBR collector

KARACHI: Collector of FBR Collectorate of Customs Export Shafiq Ahmed Latki said that the government has introduced...

Updated 30 Apr, 2023 06:34am

Business & Finance

Non-availability of raw materials damaging economy: PBIF

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

Published 16 Apr, 2023 03:36am

Budget proposals presented: Steel melting sector highlights challenges

LAHORE: The country’s steel melting industry is in a state of extreme distress as the banking sector remains...

Updated 03 Apr, 2023 08:41am

Business & Finance

KATI welcomes SBP for removing CMR condition on imported goods

KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has welcomed the State Bank’s...

Published 01 Apr, 2023 06:21am

Business & Finance

UBG chief urges PM to reconstitute NEAC

KARACHI: President of the United Business Group (UBG) Zubair Tufail has requested Prime Minister Shehbaz Sharif to...

Published 30 Mar, 2023 06:35am

Steel industry concerned at interest rate hike

ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability...

Updated 03 Mar, 2023 09:01am

Opinion

Lithium price slide deepens as China battery giant bets on cheaper inputs

Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices, and...

Published 01 Mar, 2023 06:21am

Business & Finance

Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has again requested the State Bank of Pakistan ...

Published 21 Feb, 2023 05:57am

Business & Finance

Bazaar launches industrial and raw material sourcing platform

KARACHI: Bazaar, Pakistan’s leading B2B commerce, fintech and supply chain platform for 5M+ businesses, is...

Published 17 Feb, 2023 06:50am

Business & Finance

Tax exemption on import of raw materials: Steps taken to check misuse of quotas by units in tribal areas

PESHAWAR: To ensure that raw materials being imported by manufacturing units in the erstwhile Federally Administered...

Published 13 Feb, 2023 05:57am

Business & Finance

Raw materials, PKR, inflation: pharma industry urges govt to help resolve issues

LAHORE: In the wake of increase in the prices of raw material, devaluation of Pakistani rupee and unprecedented...

Published 11 Feb, 2023 07:36am

Steel industry: SBP urged to help resolve issue of LCs

ISLAMABAD: The steel industry of Pakistan, facing a severe crisis, has made an urgent appeal to the State Bank of...

Updated 06 Feb, 2023 09:09am

Opinion

The crisis was foretold

Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today...

Updated 04 Feb, 2023 07:24am

Paracetamol: govt to allow increase in price

ISLAMABAD: The government is all set to increase the price of paracetamol tablets on demand of manufacturers of...

Updated 01 Feb, 2023 09:24am

Opinion

State of the economy

The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ...

Published 31 Jan, 2023 06:01am

Rs300bn taxation measures thru Ord on the way

FBR drafts proposals of new taxation measures to be enforced through the promulgation of the Tax Laws Amendments Ordinance, 2023

Updated 26 Jan, 2023 09:49am

Business & Finance

Non-opening of LCs hampering jute bags production: PJMA

LAHORE: Non-opening of LCs by the banks has created shortage of raw materials imported mainly from Bangladesh for...

Published 24 Jan, 2023 07:58am

Business & Finance

Containers stuck at ports: FPCCI chief lauds SBP’s step

LAHORE: Irfan Iqbal Sheikh, President FPCCI, has welcomed SBP’s policy decision on Monday to allow clearance of...

Published 24 Jan, 2023 07:19am

Business & Finance

Traders stage protest demo against ‘anti-industry’ policies

LAHORE: The business community lodged a massive and strong protest demonstration in front of Lahore Press Club, here...

Published 24 Jan, 2023 07:17am

Editorials

An ill-advised decision

EDITORIAL: At a time Pakistan’s economic malaise is exacerbating by the day, public functionaries are in no mood ...

Published 24 Jan, 2023 06:06am

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	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

Markets →

Budget 2024-25: income tax calculator for FY25

raw materials

Most Popular