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Agha Steel Industries Limited

The company was incorporated as a private limited company in 2013 and then converted into a publicly listed company...

Published 11 Oct, 2024 08:54am

BR Research

No recovery in sight

Three months into the fiscal year and there doesn’t seem to be any recovery in sight for the construction industry...

Updated 04 Oct, 2024 11:19am

Markets

Iron ore narrows gains on weakening steel prices

BEIJING: Iron ore futures extended their rise for a third session on Wednesday, aided by lingering optimism from...

Published 23 Nov, 2023 03:19am

Markets

Energy tariff hike triggers significant steel price surge: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) issues a grave warning to the nation as the...

Published 26 Sep, 2023 06:33am

Business & Finance

Documented steel sector assails hike in power tariff

ISLAMABAD: The documented steel sector has announced that the drastic increase in power tariff by 25 percent coupled...

Published 24 Jul, 2023 06:11am

Markets

Dalian iron ore futures higher

MANILA: Dalian iron ore futures edged higher on Tuesday, with the benchmark contract hitting a record high, as the...

Published 15 Mar, 2023 06:01am

Markets

Dalian iron ore rises as China’s steel hubs lift production curbs

BEIJING: Dalian iron ore futures extended gains for a second session on Thursday as market sentiment improved...

Published 03 Mar, 2023 07:44am

Business & Finance

Boycott of steel purchase yields positive result: ABAD

KARACHI: Association of Builders and Developers of Pakistan’s (ABAD’s) boycott of steel purchase has brought...

Published 02 Mar, 2023 06:23am

Business & Finance

ABAD concerned at hike in steel bar rates

KARACHI: Association of Builders and Developers of Pakistan (ABAD), while expressing deep concern over hike in steel...

Published 25 Feb, 2023 06:23am

BR Research

Construction: No good news

Though manufacturing is undoubtedly suppressed and demand is affected, monthly production of two key construction...

Published 13 Feb, 2023 09:30am

Markets

Iron ore futures subdued

MANILA: Iron ore futures were subdued on Thursday as traders reassessed demand prospects in key consumer China,...

Published 03 Feb, 2023 06:17am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

Markets

China steel futures ease

MANILA: Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down...

Published 15 Sep, 2022 07:05am

Markets

Dalian iron ore rebounds

MANILA: Dalian iron ore rose on Thursday after three sessions of losses, with the resumption of production at some...

Published 02 Sep, 2022 06:00am

Markets

Iron ore drops

MANILA: Dalian and Singapore iron ore futures dropped below $100 a tonne on Tuesday, while spot prices slumped to ...

Published 31 Aug, 2022 07:21am

Business & Finance

Steel maker SSAB profit hits record, but outlook uncertain

STOCKHOLM: Swedish steel maker SSAB (SSABa.ST) reported a bigger-than-expected jump in quarterly earnings on Friday...

Published 25 Jul, 2022 06:12am

Steel sector: Amended finance bill may restore turnover tax adjustment

ISLAMABAD: The amended Finance Bill 2022 is likely to restore adjustment facility of turnover tax for the documented...

Updated 23 Jun, 2022 10:01am

Markets

Chinese Iron ore futures soar

BEIJING: Chinese iron ore futures jumped nearly 4% on Tuesday, touching 900 yuan ($135.00) per tonne for the first...

Published 01 Jun, 2022 05:53am

Markets

Dalian coking coal futures slip

BEIJING: Chinese coking coal futures fell for a second straight session on Friday, and were on course to log a ...

Published 30 Apr, 2022 05:53am

Markets

China iron ore, steel futures rebound

BEIJING: Chinese iron ore and steel futures rose on Wednesday after falling for two consecutive days, as concerns...

Published 28 Apr, 2022 05:37am

Markets

China ferrous falls as Covid curbs slow consumption

BEIJING: Chinese ferrous futures fell on Friday, with steel prices losing more than 2%, as production at mills and...

Published 10 Apr, 2022 06:51am

Markets

Prices of Dalian steelmaking raw materials drop

BEIJING: Prices for steelmaking ingredients on China’s Dalian Commodity Exchange dropped on Tuesday as latest...

Published 24 Mar, 2022 05:36am

Markets

Iron ore prices fall as top consumer China battles COVID-19

MANILA: Benchmark Dalian and Singapore iron ore futures fell on Tuesday, as surging COVID-19 infections in top steel...

Published 16 Mar, 2022 05:40am

Markets

Chinese iron ore makes gains

BEIJING: Benchmark iron ore futures in China jumped more than 5% on Friday, rebounding from two sessions of losses,...

Updated 13 Mar, 2022 07:02am

Steel prices soar on rising raw material cost

KARACHI: The domestic prices of steel rebars for the first time in the history crossed Rs 200,000 per metric ton ...

Updated 08 Mar, 2022 10:09am

Markets

Chinese steel futures drop on raw material price curbs

BEIJING: China’s Shanghai steel futures dropped on Thursday, with construction rebar falling more than 3%, as...

Published 25 Feb, 2022 06:19am

Markets

US, Japan set to announce steel import quota deal

WASHINGTON: The United States and Japan on Monday are set to announce a deal to grant Japanese steelmakers relief...

Published 08 Feb, 2022 06:10am

Business & Finance

Steel prices in North Region reduced: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) Saturday stated that the steel prices in North...

Published 23 Jan, 2022 05:17am

Markets

China iron ore set for third weekly gain amid demand hopes

BEIJING: Chinese iron ore futures surged around 3% on Friday and were on course for a third straight weekly gain ...

Published 22 Jan, 2022 05:46am

Markets

Tokyo Steel holds product prices unchanged in Feb

TOKYO: Tokyo Steel Manufacturing Co Ltd, Japan’s top electric-arc furnace steelmaker, said on Monday it will hold...

Published 18 Jan, 2022 04:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Cotton US¢/pound / May 12	67.45
Petrol/Litre / May 13	252.63
Diesel/Litre / May 13	256.64

Gainers
Losers
Leaders

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.08 ▲ 0.71 (29.96%)
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.17 ▲ 0.67 (26.8%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.18 ▲ 0.58 (22.31%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.84 ▲ 0.33 (21.85%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.64 ▲ 0.74 (18.97%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Reliance Weaving / May 12 Reliance Weaving Mills Limited(REWM)	98.10 ▼ -10.9 (-10%)
Apna Microfin. / May 12 Apna Microfinance Bank Limited(AMBL)	9.90 ▼ -1.05 (-9.59%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	103.20 ▼ -8.99 (-8.01%)
Suhail Jute / May 12 Suhail Jute Mills Limited(SUHJ)	80.01 ▼ -6.59 (-7.61%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Paramount Mod / May 12 First Paramount Modaraba(FPRM)	6.86 ▼ -0.42 (-5.77%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	147.01 ▼ -7.1 (-4.61%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -1.87 (-4.17%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	113,339,802 ▲ 0.55
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	75,586,776 ▲ 1.38
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	65,777,142 ▲ 0.15
Power Cement / May 12 Power Cement Limited(POWER)	38,991,042 ▲ 1.09
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	33,253,495 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,799,662 ▲ 1
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	23,237,026 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,435,724 ▲ 12.58
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,540,297 ▲ 1
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	12,178,931 ▲ 0.96

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