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PSX: Closing rates Thursday

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KARACHI: Following were the Closing Rates of shares at Pakistan Stock Exchange Limited (PSX) issued here today: 

AUTOMOBILE ASSEMBLER:
Pak Suzuki Motors Co Ltd. 285.82
Sazgar Engineering Works Ltd. 223.81
Ghandhara Industries Ltd. 170.89
Dewan Farooque Motors Limited[DEFAULTER SEGMENT ] 11.65
Al-Ghazi Tractors Limited. 437.5
Ghandhara Nissan Ltd. 72.95
Honda Atlas Cars (Pak) Ltd. 240.42
Hino Pak Motor Limited. 441.28
Indus Motor Company Ltd.(XD) 1301.31
Millat Tractor Ltd.(XD) 825.74
Ghani Automobile Industries Ltd. 5.85

AUTOMOBILE PARTS & ACCESSORIES:
Loads Limited. 20.07
Exide Pakistan Ltd. 177.48
Thal Limited.(XD) 425.16
Agriautos Industries Co. Ltd.(XD) 225.38
Atlas Battery Ltd. 128.24
General Tyre & Rubber Co. 57.66

CABLE & ELECTRICAL GOODS:
EMCO Industries Ltd. 28.85
Pakistan Cables Ltd.(XD) 123
Pak Elektron Ltd. 24.02
WAVES Singer Pakistan Ltd. 27.55

CEMENT:
Thatta Cement Company Ltd. 12.67
Safe Mix Concrete Ltd. 6.42
Lucky Cement Limited. 433.43
Maple Leaf Cement Factory Ltd. 38.81
Dewan Cement Limited. 12.1
Attock Cement Pak Ltd. 91.38
Cherat Cement Co. Ltd. 62.67
Kohat Cement Co. Ltd. 87.92
Gharibwal Cement Ltd. 13.71
Fauji Cement Co Ltd.(XD) 20.07
Bestway Cement Limited.(XD) 114.11
Pioneer Cement Ltd. 35.72
D. G. Khan Cement Co. Ltd. 85.31
Dandot Cement Co. Ltd. 9.17
Javedan Corporation Ltd. 36.1
Power cement Limited 7.75

CHEMICAL:
ICI Pakistan Limited. 657.27
Bawany Air Products Ltd. [DEFAULTER SEGMENT] 6.51
Akzo Nobel Pakistan Limited. 134
Ittehad Chemical Ltd. 30.8
Nimir Resins Limited. 7.21
Sitara Peroxide Limited 20.76
Agritech Limited 4.49
Lotte Chemical Pakistan Ltd. 13.73
Colgate Palmolive (Pak) Ltd. 1950
Descon Oxychem Ltd.(XD) 20.49
Engro Polymer & Chemicals Ltd.(XD) 36.04
Ghani Gases Limited. 11.7
DYNEA Pak 98.83
Bifo Industries Ltd.(XD) 197.05
Berger Paints Pakistan Ltd. 70
Sardar Chemical IndustriesLtd. 15.58
Pakistan PVC [ DEFAULTER SEGMENT ] 4
Sitara Chemicals. 306.46
Buxly Paints Ltd. 42.69
Pakistan Oxygen Limited. 248.86

CLOSE – END MUTUAL FUND:
HBL Investment Fund 3.75
Golden Arrow. 7.2
HBL Growth Fund 9

COMMERCIAL BANKS:
Allied Bank Ltd.(XD) 107.5
Faysal Bank Limited. 23.8
United Bank Ltd.(XD) 136.82
Samba Bank Limited. 6
Silk Bank Limited. 1.01
JS Bank Limited. 5.52
Meezan Bank Limited.(XD) 95.48
Standard Chartered Bank Pak Ltd.(XD) 23.2
Bank Alfalah Ltd.(XD) 46.27
Habib Bank Limited.(XD) 135.93
Bank Of Punjab.(XD) 13
National Bank Of Pakistan. 40.19
Summit Bank Limited. 0.74
The Bank of Khyber. 11.34
Askari Bank Limited.(XD) 20.24
Bank Al-Habib Ltd.(XD) 83.57
Soneri Bank Ltd.(XD) 11.18
MCB Bank Limited.(XD) 196.26
Habib Metropolitan Bank Limited.(XD) 39.84

ENGINEERING:
Ittefaq Iron Industries Limited. 9.64
Aisha Steel Mills Limited. 9.9
Aisha Steel Mills Convertible Pre-Sh 9.5
Mughal Iron & Steels Ind Ltd. 38.19
Metropolitan Steel Corporation 12.87
International Steels Limited.(XD) 62.25
Amreli Steels Limited. 39.22
Dost Steels Ltd. 5.16
Ados Pakistan Limited. 26.9
Bolan Casting Ltd. 64
Drakkar Kingsway Ltd. [ DEFAULTER SEGMENT ] 3.31
International Industries Ltd.(XD) 121.06
Pakistan Engineering Co Ltd. 143.5
KSB Pumps Co Ltd. 145
Crescent Steel & Allied Product. 40.65

FERTILIZER:
Fatima Fertilizer Co Ltd. 31.75
Engro Fertilizers Limited.(XD) 71.73
Fauji Fertilizer Bin Qasim Ltd.(XD) 35.92
Dawood Hercules Corporation Ltd. 125.05
Engro Corporation Limited. 324.59
Fauji Fertilizer Co. Ltd.(XD) 104.58
Arif Habib Corporation Ltd. 26.32

FOOD & PERSONAL CARE PRODUCTS:
Matco Foods Limited. 28.51
At-Tahur Ltd. 27.95
Engro Foods Limited. 68.36
Al-Shaheer Corporation. 17.69
Clover Pakistan Limited. 145.5
ZIL Limited. 68.84
Treet Corporation Ltd. 21.02
Treet Corporation Ltd.(PTCs) 5.6
Murree Brewery Company Ltd.(XD) 778.5
Fauji Foods Limited. 26.98
Nestle Pakistan Ltd. 8199
Mitchells Fruit Farms Ltd. 275
National Foods Ltd. 186
Quice Food Industries Ltd. 4.07

GLASS & CERAMICS:
Ghani Global Glass Limited. 9.01
Ghani Glass Ltd. 49.09
Baluchistan Glass Ltd. 7.51
Ghani Value Glass Limited. 33.5
Shabbir Tiles and Ceramics Limited. 13.02
Frontier Ceramics Ltd. 16.97
Tariq Glass. 101.5

INSURANCE:
Askari Gen Insurance Co. 28.5
Pakistan General Insurance Co.[DEFAULTER SEGMENT] 4.98
Jubilee General Insurance Co.Ltd. 56.01
PICIC Insurance Ltd.(XR) 1.5
Reliance Insurance. 7.38
Crescent Star Insurance Ltd. 1.9
Universal Insurance Company Ltd. 5.25
Askari Life Assurance Company Ltd. 8.42
Shaheen Insurance Co Ltd. 4.47
United Insurance Company.(XB) 9
Atlas Insurance Limited. 77.25
Premier Insurance Limited. 5.75

INV. BANKS / INV. COS. / SECURITIES COS.:
Pakistan Stock Exchange Limited. 16.2
Next Capital Limited. 7.38
Cyan Limited. 27.5
Invest Capital Investment Bank Ltd. 1.25
Pervez Ahmed Securities Ltd.[DEFAULTER SEGMENT] 0.71
First National Equities Limited. 4.85
Jahangir Siddiqui & Company Ltd. 12.1
Arif Habib Limited. 39.99
First Capital Sec.Corp. Ltd. 1.47
JS Investments Limited. 8.2
Escorts Investment Bank Ltd. 20.79
Dawood Equities Ltd. 3
Apna Microfinance Bank Limited. 9.43
Security Investment Bank Ltd. 10.48
First Dawood Investment Bank Ltd. 2.1
786 Investments Limited 26.02
Trust Securities & Brokerage. 6.85

LEASING COMPANIES:
Security Leasing Corp. 4.95
Grays Leasing Ltd. 3.22
Orix Leasing Pakistan Ltd. 26.47

LEATHER & TANNERIES:
Leather Up Ltd. 16.49
Bata Pakistan Ltd. 1676.67
Service Industries. 765

MISCELLANEOUS:
Gammon Pak. 10.04
TPL Properties Limited. 7.77
ECOPAK Limited. 13.92
Pace (Pakistan) Ltd. 2.18
MACPAC Films Limited. 17.44
Siddiqsons Tin Plate Ltd. 18.77
Tri-Pack Films Ltd. 105.72
Olympia Mills Limited. 6.2
Shifa Int. Hospital Ltd. 210.14
United Distributors Pakistan. 36.18

MODARABAS:
Orient rental Modaraba. 9.3
Modarba Al-Mali. 4.15
Popular Islamic Modaraba 3.99
First Treet Manufacturing Modaraba. 12.9
First Paramount Mod. 4.5
Sindh Modaraba. 6.7
Unicap Modaraba. [ DEFAULTER SEGMENT ] 0.77
B.R.R. Guardian Modaraba. 7.79
First Pak Mod. 1.8
First UDL Mod. 8.13
First Al-Noor Mod. 3.6
First Elite Capital Mod. 3.26
First IBL Modaraba. 2.5
First Prudential Mod. 1.14

OIL & GAS EXPLORATION COMPANIES:
Pakistan Oilfields Limited.(XD) 445.14
Oil & Gas Development Company Ltd. 141.71
Pakistan Petroleum Limited. 178.68
Mari Petroleum Company Ltd.(XD) 1247.54

OIL & GAS MARKETING COMPANIES:
Hascol Petroleum Ltd. 127.42
Hi-Tech Lubricants Limited. 46.65
Shell Pakistan Ltd. 252.67
Sui Northern Gas Pipe Line Ltd. 68.15
Attock Petroleum Limited. 399.2
Sui Southern Gas Co Ltd. 20.42
Pakistan State Oil Co Ltd. 210.04

PAPER & BOARD:
Roshan Packages Limited. 18.6
Cherat Packaging Limited.(XD) 136.12
Security Papers Ltd. 89
Century Paper & Board Mills. 51.49
Merit Packaging Ltd. 22.17
Packages Ltd. 346.99

PHARMACEUTICALS:
AGP Limited. 81
Macter International Limited. 99.34
IBL HealthCare Limited. 44.1
Highnoon Laboratories Ltd. 319
Wyeth Pakistan Limited.(XD) 1007.5
Glaxo SmithKline Pakistan Ltd. 141.1
Otsuka Pakistan Ltd. 171.4
The Searle Company Ltd. 231.31
Ferozsons Laboratories Ltd. 199.51
Abbot Laboratories Pak Ltd. 645

POWER GENERATION & DISTRIBUTION:
LALPIR Power Limited. 14.5
Engro Powergen Qadirpur Ltd. 27.2
Saif Power Ltd. 24.22
Altern Energy Ltd. 36.1
TriStar Power Ltd. 3.41
Nishat Power Limited. 24.15
Pakgen Power Limited. 14.25
Kot Addu Power Company. 44.38
Nishat Chunian Power Ltd. 22.8
Hub Power Company Limited. 77.95
Arshad Energy Limited. 4
K-Electric Limited. 5.61
Kohinoor Power Co Ltd. [ DEFAULTER SEGMENT ] 1.71

REFINERY:
Attock Refinery Limited. 105.91
BYCO Petroleum Pak Ltd. 7.88
National Refinary Ltd. 156.64
Pakistan Refinery Ltd. 22.04

SUGAR & ALLIED INDUSTRIES:
Husein Sugar Mills Limited.(R) 7.85
Haseeb Waqas Sugar Mills Limit 3.46
Al-Abbas Sugar Mills Ltd. 187.95
Habib Sugar Mills Ltd. 34
Husein Sugar Mills Limited. 18.3
Adam Sugar Mills Limited. 24.49
Ansari Sugar Mills Ltd. 8
Noon Sugar Mills Ltd.(XD) 62
Sakrand Sugar Mills Ltd. 20.42
Shahtaj Suger Mills Ltd.(XD) 48
Sindh Abadgars Sugar Mills Ltd. 15.14
Abdullah Shaha Ghazi Suger Mills Ltd. 2.9
Shahmurad Sugar Mills Ltd. 93.88

SYNTHETIC & RAYON:
Pakistan Synthetics Ltd. 22.25
Tri-Star Polyester Ltd. 11.26
Ibrahim Fibre Limited. 60

TECHNOLOGY & COMMUNICATION:
TPL CORP Limited. 5.37
Avanceon Limited. 65.36
Telecard Ltd. 1.38
Media Times Limited. 1.11
Systems Limited. 104.32
Pakistan Telecommunication Co. 9.32
TRG Pakistan Ltd. 23.55
NetSol Technologies Ltd. 81.51
Worldcall Telecom Ltd. 1.15
Hum Network Limited. 4.43

TEXTILE COMPOSITE:
Crescent Textile Mills Ltd. 22.4
Ghazi Fabrics International Ltd. 3.69
Gul Ahmed Textile Mills Ltd. 55.02
Artistic Denim Mills Limited. 68
Suraj Cotton Mills Ltd. 132
Kohinoor Industries Ltd. 3.51
Mian Textile Industries Ltd. 4.5
Faisal Spinning Mills Ltd. 250
Jubilee Spinning & Weaving Mil[DEFAULTER SEGMENT] 3.95
Kohinoor Textile Mills Ltd.(XD) 43.25
Azgard Nine Limited 11.23
Safa Textiles Ltd. [ DEFAULTER SEGMENT ] 4
Masood Textile Mills Ltd. 80
Redco Textile Ltd. 3.25
Feroze1888 Mills Ltd.(XD) 98.88
Nishat (Chunia) Ltd. 51.01
Towellers Ltd. 66.8
Nishat Mills Ltd. 132.51

TEXTILE SPINNING:
Dewan Mushtaq Textile Mills Ltd.
[DEFAULTER SEGMENT] 2.5
Colony Textile Mills Ltd. 3.75
Amtex Limited. [ DEFAULTER SEGMENT ] 0.78
Indus Dyeing & Manufacturing. 478.84
Island Textile Mills Ltd. 1859.99
Dewan Farooque Spinning Mills Ltd. 1.89
Hira Textile Mills Ltd. 3.8
D. S. Industries Ltd. 2.82
J. A. Textile Mills Ltd. 4
Chakwal Spinning Mills Limited. 2.25
Service Textile Mills Ltd. 10.85
Landmark Spinning Mills Limite[DEFAULTER SEGMENT] 6.51
Khalid Siraj Textile Mills Ltd[DEFAULTER SEGMENT] 1.51
Khurshid Spinning Mills Ltd. [DEFAULTER SEGMENT] 3.39
Bilal Fibres Ltd. [DEFAULTER SEGMENT] 1.39
Tata Textile Mills Ltd. 35.15
Kohinoor Spinning Mills Ltd. 2.12
Ruby Textile Mills Ltd. 4.97
Saif Textile Mills Ltd. 15.5
Saritow Spinning Mills Ltd. 3.95
Ravi Textile Mills Ltd. [DEFAULTER SEGMENT] 2.86

TEXTILE WEAVING:
Prosperity Weaving Mills Ltd. 28
Yousuf Weaving Mills Limited. 2.62
Samin Textiles Ltd. 3.82
Service Fabrics Ltd. 3.86

TOBACCO:
Philip Morris (Pakistan)Ltd. 3587.44
Khyber Tobacco Co. Ltd. 271.05

TRANSPORT:
Pakistan Intl. Bulk Terminal Ltd. 9.88
Pakistan National Shipping Co. 59.65
Pak International Airline Corp Ltd
[DEFAULTER SEGMENT] 6.22

VANASPATI & ALLIED INDUSTRIES:
Unity Foods Limited.(XR) 12.71

REAL ESTATE INVESTMENT TRUST:
Dolmen City REIT. 11.59

 

 

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Pakistan eyes trade opportunities at China expo

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Pak China trade

KUNMING (China): Pakistani business community is highlighting the country’s trade potential by showcasing its products at an ongoing week-long expo in Chinese Yunnan province for availing future opportunities under China Pakistan Economic Corridor (CPEC).
Being held at Dianchi International Convention and Exhibition Center in capital city of Kunming, from June 12 to 18, the South and Southeast Asia Commodity Expo and Investment Fair (SSACEIF) is attracting the trade and business community from across and beyond the region, wherein various government and private entities have displayed their products to enhance their customer base.
Around 200 stalls set up by Pakistani business community were attracting thousands of the visitors taking interest in Pakistani products including textiles, jewelry, leather products, cultural and traditional handicrafts.
The objective of the expo was to highlight Yunnan’s key role in the President Xi’s Belt and Road Initiative under which Pakistan was also undertaking a flagship project of CPEC. Yunnan is the gateway to Southeast and South Asia.
The inaugural ceremony was attended among others by President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engineer Daroo Khan Achakzai, Deputy Mayor of Islamabad Syed Zeeshan Naqvi and renowned businessmen and media representatives.
The expo featured six major exhibition areas with 17 pavilions and around 74,000 booths set up by the business entities and international organizations from 74 countries.
The expo has attracted more than 3,300 entrepreneurs from home and abroad. Among the participating enterprises, nearly half were overseas.
Talking to APP’s Special Correspondent A J Zekria at the venue of the expo, Islamabad Deputy Mayor Zeeshan Naqvi said the expo would not only help highlight the trade and investment potential of Pakistan but also strengthen economic ties with the regional countries particularly China.
He said as Pakistan was fast executing CPEC, it was high time the country introduced its products in international markets to attract investment besides learning from success stories of other countries.
The seven-day event also marked the holding of the 2nd China-South Asia Cooperation Forum and China-South Asia Media Forum at Yuxi resort city, the 14th China-South Asia Business Forum and 7th China South Asia Southeast Asia Think Tank Forum.
President of FPCCI Engineer Daroo Khan Achakzai while addressing the 14th China-South Asia Business Forum and the 2nd China South Asia Cooperation Forum organized by Ministry of Foreign Affairs of China and China Council for Promotion of International Trade (CCPIT) Yunnan Council in Kunming, said Pakistan’s business community perceived China as a time-tested friend and a very important partner in its economic development.
The involvement of Chinese enterprises, both in terms of technical and financial assistance in several projects of Pakistan is reflective of the cordial relations based on mutual interest, unstinting confidence, and sincerity.
Engr Daroo Khan Achakzai while addressing the forum said Pakistan was a viable and most favorable nation for foreign investment and the foreign investors could enjoy the benefits of Pakistan’s business-friendly policies.
He said China-South Asia Business Forum provided an opportunity to South Asian countries to cooperate and collaborate for joint ventures and market their products as the event was being attended by around 4,000 companies from 74 countries.
He told the audience that industrial zones being established adjacent to CPEC route would provide an opportunity to all the participating countries to improve their competitiveness and export their products to Africa and Middle East Region at a lower cost.
Addressing the media forum at Yuxi, Consul General of Pakistan at Chengdu Muhammad Mudassir Tipu said in economic development, media could become a key partner of the state, government, civil society, and private sector.
Highlighting CPEC projects, he said the Chinese government had invested nearly $62 billion for infrastructure development of Pakistan.
He said through enhanced participation of senior Pakistani journalists in the forum, millions of people in Pakistan would know about the fast development of Yunnan and the opportunities being created there to deepen its relations with Pakistan, Southeast, and South Asia.
He said business and tourism prospects of Yunnan province possessed greater attraction for Pakistanis which needed to be highlighted through media.
Vice President of China Federation of Internet Societies and President of Xinhuanet Tian Shubin noted that South Asia and China were home to 40 percent of the world’s total population which required robust representation at the international media fora through close cooperation and innovations in the media sector.
Through use of social media and modern technology gadgets, modern-day challenges could be countered, he opined.
Speaking on ‘integrating innovation and creating new prospects of connectivity,’ Hassan Shahzad, a senior journalist from Pakistan, said the power of media laid in its capability to adapt to the system of governance in which it worked. China and Pakistan had different systems of governance but one of their commonalities was their vibrant media mechanism.
He said infrastructure connectivity was going to enhance innovation. The BRI could prove to be an inclusive club of nations by keeping their individual cultural and ideological uniqueness. Being open and trustworthy could remove barriers to innovations and sharing of ideas, he added.
Yasir Rehman, an anchorperson from Pakistan Television, while highlighting the significance of the media forum said instead of indulging into the differences, media should create a harmonious environment through highlighting the commonalities among the nations.

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ADB to conduct feasibilities for AMI, ABC cables in PESCO, HESCO, SEPCO

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ISLAMABAD: The Ministry of Energy (Power Division) has said that the Asian Development Bank (ADB) agreed to conduct feasibilities in the different electricity distribution companies of the country for installation of smart (AMI) meters and Aerial Bundle Cables (ABC) to reduce losses of the companies.
This was decided during a meeting between Federal Minister for Power and Petroleum Omar Ayub Khan and ABD Director General for Central and West Asia Werner Liepach, a statement issued by the ministry here said on Friday.
The feasibilities for installation of smart AMI meters and ABC cables would be conducted in Peshawar Electric Supply Company (PESCO), Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO).
The ADB was also ready to negotiate to introduce smart metering infrastructure in the gas sector to make it more efficient and reduce its losses, the statement added.
Mr.Werner Liepach appreciated the recent development in the Power sector and expressed the commitment of ADB for extending its support to the sector in its various fields.
He informed the minister that the ADB was providing its assistance to the various entities in the energy sector and had initiated many projects in that regard.
Omar Ayub Khan expressed his gratitude for the continued support and provision of assistance to various entities in the Energy Sector. He said that directions had already been given to all the entities to bring in international standards of transparency and quality in their projects to make them more beneficial for both the government and people of the country.
The minister said that he would conduct twice a month review meetings on the progress of projects initiated with the assistance of ADB to ensure their timely completion, besides removal of all bottlenecks.
ABD Country Director Pakistan Xiaohong Yang and other senior officials of Power Division and ADB also attended the meeting.
Earlier, the ADB was already undertaking million dollars AMI project in IESCO and LESCO.

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SC directs mineral water companies to pay tax on water

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SCP

ISLAMABAD: The Supreme Court has today directed the mineral water and beverage companies to pay government taxes over extracting underground water for sale purposes.
A three-member bench of the apex court headed by Justice Umar Ata Bandial heard the duo motto case.
The court also sought a copy of legislation regarding the use of underground water.
During the course of proceedings, Justice Umar Ata Bandial observed that except Sindh all three provinces Punjab, Khyber Pakhtunkhwa, and Balochistan had submitted their reports regarding extraction and use of underground water.
He remarked that the Sindh government did not submit proposals yet while the federal government had only submitted the notification.
Advocate General Islamabad said that as many as 42 meters were installed in the federal capital.
He said that the federal cabinet would approve the legal draft after completion of the budget session in the parliament.
Advocate General Punjab said that the provincial government had suggested imposing one rupee tax per liter on service stations and five-star hotels.
Justice Umar Ata Bandial remarked that the court had formed the committee to save water not to punish anyone.
The court directed that all industries pay tax on water usage and
adjourned hearing of the case for two weeks.

 

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