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sugar industry

Sugar export to Tajikistan: SBP asks banks to process transactions

KARACHI: Pakistan is set to export 40,000 tons of sugar to Tajikistan under bilateral trade arrangements on a...

Updated 19 Oct, 2024 02:55pm

BR Research

De-regulating the sugar industry: do not drop the ball again

The sugar industry is in trouble, but it need not morph into a crisis. Last week, the industry association wrote a...

Updated 30 Sep, 2024 01:24pm

Cabinet bodies asked to strictly comply with directives

ISLAMABAD: The federal cabinet has directed that Cabinet Committees strictly comply with its directions and that any...

Updated 26 Sep, 2024 09:17am

BR Research

Don’t let the industry use free trade as a ruse!

Come late, come safe. Following a clarion call by the IMF to liberalize Pakistan’s farm commodity markets and remove...

Updated 25 Sep, 2024 11:23am

Pakistan

Implementation of sugar policy Punjab Governor to meet Zardari

LAHORE: Governor Punjab Sardar Saleem Haider Khan said on Monday that he is going to meet the President of Pakistan...

Published 24 Sep, 2024 03:28am

ECC grants conditional approval to sugar export to Tajikistan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet granted conditional approval for export of...

Updated 21 Sep, 2024 02:46pm

Extension given in sugar export shipment

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has allowed 15 days...

Updated 07 Sep, 2024 08:50am

BR Research

Sugar: let exporters make some hay?

After a slow takeoff by sugar exports during July 2024, the policymakers are back to repeating errors of the past....

Published 30 Aug, 2024 08:52am

Business & Finance

Taxpayers challenge random selection of returns for audit

LAHORE: Taxpayers from sugar industry have challenged the power of Commissioner Inland Revenue (CIR) to make a ...

Published 05 Jul, 2024 03:17am

Business & Finance

‘Sugar industry is facing challenges that impact its efficiency, profitability’

ISLAMABAD: Experts on Saturday said the sugar industry is facing several challenges that impact its efficiency and...

Published 23 Jun, 2024 02:50am

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

Markets

Robusta coffee hits 3-week high, arabica also up

LONDON: Robusta coffee futures on ICE rose to a three-week high on Wednesday as forecasts for largely dry weather in...

Published 22 May, 2024 03:46pm

Supplements

Overregulation hurts sugar industry of Pakistan

TEXT: Sugar industry is the 2nd largest agro-based industry in Pakistan after textiles. Pakistan is an important...

Published 14 May, 2024 05:18am

PSMA concerned at ‘unsustainable’ production costs

LAHORE: Sugar millers have claimed that production and sale of sugar below its costs of production has become...

Updated 08 Dec, 2023 10:04am

Business & Finance

Experts for Chinese help in promotion of sugar industry

ISLAMABAD: Amid the urgent need for adoption of modern technology, agriculture experts urged for joining hands with...

Published 19 Nov, 2023 03:14am

CCP struggling to recover Rs44bn penalty amount

ISLAMABAD: The Competition Commission of Pakistan (CCP) is facing a prolonged delay in the recovery of Rs 44 billion...

Updated 14 Nov, 2023 08:16am

Editorials

The complicated truth about sugar

EDITORIAL: Finally, the story of long simmering tensions between the Punjab government and sugar mills has a happy...

Published 19 Sep, 2023 06:31am

Last six months: Sugar moguls pocketed Rs260bn in profit: PTI

ISLAMABAD: Lashing out at the former Pakistan Democratic Movement (PDM) government for opening the floodgate of...

Updated 01 Sep, 2023 09:09am

BR Research

‘You say you want exports’

No, this is no plea insisting how sugar industry has been wronged by the latest ban on exports. In fact, chances are...

Published 31 Aug, 2023 07:53am

BR Research

Banking’s most eligible borrower?

If you had three guesses to answer that question, your answer would probably be government, power, and textile...

Published 15 Jun, 2023 08:42am

Opinion

The bitter truth about sugar industry

Sugar is an essential commodity in the consumption basket of all segments of society. Its production and ...

Published 31 May, 2023 03:57am

Business & Finance

Industry intimated: No non-budgeted subsidy on sugar export: MoF

ISLAMABAD: The Ministry of Finance (MoF) has conveyed to the country’s sugar industry that no non-budgeted subsidy...

Published 23 Mar, 2023 05:47am

BR Research

Sugar industry: time to pivot

During the past five years, the retail price of a regular cola bottle has increased by 55 percent. A kilogram of...

Published 24 Feb, 2023 09:15am

Industry yet to export any amount of sugar

ISLAMABAD: The country’s sugar industry has not yet been able to export any amount of sugar out of 250,000 tons...

Updated 04 Feb, 2023 09:29am

BR Research

TICL: tide turning?

PTI governments’ bad blood with the sugar industry is no secret. Yet, surprisingly, the industry may have been one...

Published 30 Dec, 2022 09:32am

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

Business & Finance

Export of refined sugar: govt, PSMA fail to reach decision

ISLAMABAD: Pakistan sugar industry is eyeing earning an estimated profit of Rs35 billion by exporting one million...

Updated 30 Nov, 2022 09:54am

BR Research

Sugar export: get a demand assessment first

Last Friday, Punjab government notified the official beginning of crushing season in the province. This follows a...

Published 28 Nov, 2022 08:41am

Business & Finance

Stock position: Sugar industry asked to provide verified data

ISLAMABAD: The government has asked the sugar industry to provide verified and authentic data on sugar stocks in the...

Published 22 Nov, 2022 03:23am

Markets

PSMA lobbying for sugar export

ISLAMABAD: The sugar industry has requested the government to allow the export of surplus sugar keeping in view the...

Published 07 Oct, 2022 05:59am

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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