Iron, steel output swells to 4 7m tonnes - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.
ISLAMABAD, July 23 (China Economic Net) - According to the data of Sensitive Price Index, sugar prices soared to Rs98-110 per kg in major cities of Pakistan in fiscal year 2021 as compared to Rs78-85 in the preceding year. Thus consumers have to pay Rs20-25 more.
Touching upon why the sugar prices increased, Iskandar Khan, Central President of Pakistan Sugar Mills Association, said “when mills buy expensive cane from the middleman, automatically sugar prices rise. So later it’s found that the recovery of sugar cane will be reduced this season. In the present price of sugar, 80% is the price of sugarcane.”
Daily Times
July 19, 2021
Pakistan Stock Exchange witnessed positive trend during the week ended on July 16, on the back of fresh buying by both local and foreign investors.
BR Index100 gained 38.63 points on week-on-wenk basis to close at 5,221.35 points. Average daily trading volumes stood at 402.539 million shares.
BR Index30 increased by 116.46 points during this week to close at 26.961.10 points with average daily turnover of 234.783 million shares.
KSE-100 index surged by 270.88 points on week-on-week basis and closed at 47,834.33 points. Trading activities remained slightly low as average daily volumes on ready counter decreased by 3.9 percent to 466.99 million shares as compared to previous week’s average of 485.86 million shares. Average daily traded value declined by 9.4 percent to Rs 15.34 billion.