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Stocks end flat with hopes pinned on spending budget

Stocks end flat with hopes pinned on spending budget
June 12, 2021
Stocks remained range-bound in Friday’s session, wherein the benchmark index opened on a positive note and closed in the green territory with investors’ optimism primarily fuelled by hopes of an investor friendly federal budget, dealers said.
Ahsan Mehanti at Arif Habib Corp said stocks closed higher led by selected scrips across the board as investors weighed IMF relaxations in federal budget FY22, GDP growth target of 4.8 percent for FY 22, progress in resolving Rs2.1 trillion circular debt and record remittances of $2.5 billion in May 2021.
“Higher global crude oil prices at over $70, surging foreign exchange reserves to $16.4 billion and rupee stability played a catalytic role in the positive close,” he added. ....

Maaz Mulla , Ahsan Mehanti , Pakistan Stock Exchange , Byco Petroleum , National Refinery , Worldcall Telecom , Ahsan Mehanti At Arif Habib Corp , Sitara Industries , Arif Habib Corp , Stock Exchange , Federal Budget , Attock Refinery , Pakistan Refinery , Ghani Glass , Agritech Limited , Engro Polymer , Gharibwal Cement , Pioneer Cement , Maple Leaf Cement , Lucky Cement , Unilever Foods , Sapphire Textile , Rafhan Maize , Wyeth Pakistan , மாஜ் முல்லா , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் ,

Creating opportunities

Mon, 05, 21
The incentivised package for the construction industry announced by Prime Minister Imran Khan in April 2020 has paid dividends within a year. Robust construction activities across the country have resulted in cement sales in the month of April to about five million tons, registering a growth of about 40 percent on month-on-month basis over April last year. Also, there has been enormous increase in cement exports, valuing $300 million during this period.
The incentivised package for the construction industry announced by Prime Minister Imran Khan in April 2020 has paid dividends within a year. Robust construction activities across the country have resulted in cement sales in the month of April to about five million tons, registering a growth of about 40 percent on month-on-month basis over April last year. Also, there has been enormous increase in cement exports, valuing $300 million during this period. ....

Lakki Marwat , North West Frontier , Lasbela District , Mardan District , Chakwal District , Sri Lanka , Dera Ghazi Khan , Dadu District , Northern Areas , Usman Buzdar , Imran Khan , Mera Ghar , Engineering Corporation , Naya Pakistan Housing Programme , Public Sector Development Programme , Prime Minister Imran Khan , Mohmand Dam , Diamer Basha Dam , Dasu Dam , State Bank , Mera Pakistan , Mera Ghar Scheme , Naya Pakistan Housing , Chief Minister Usman Buzdar , Bestway Cement , Attock Cement ,

Pakistan cement companies show significant profits during 2QFY20

Pakistan cement companies show significant profits during 2QFY20
02 March 2021
Pakistan’s top cement manufacturers recorded significant profitability with improved margins during the last quarter of 2020. The experts believe this trend is likely to continue in reaming quarters of the ongoing financial year.
According to an analyst of Spectrum Securities Ltd, the cement sector’s profitability continued in 2QFY21 as the bottom line of the 13 companies on the Pakistan Stock Exchange (PSX) posted profits to the tune of PKR11bn (US$69.7m) as compared to PAT of PKR5bn in the preceding quarter.
The surge in profits is mainly attributed to the 11 per cent QoQ higher dispatches, the six per cent QoQ improvement in average retention prices and the decline in finance cost by 12 per cent QoQ. Furthermore, after coming online of new capacities, depreciation cost also declined. ....

Federally Administered Tribal Areas , Maple Leaf Cement Factory , Gharibwal Cement Ltd , Spectrum Securities Ltd , Cherat Cement Co Ltd , Pakistan Stock Exchange , Thatta Cement Co Ltd , Decan Cement Ltd , Attock Cement Pakistan Ltd , Fuji Cement Co Ltd , Bestway Cement Ltd , Kohat Cement , Lucky Cement , Pioneer Cement , Power Cement , Indian Subcontinent , Coal Prices , மேப்பிள் இலை சிமென்ட் தொழிற்சாலை , ஸ்பெக்ட்ரம் பத்திரங்கள் லிமிடெட் , செரட் சிமென்ட் இணை லிமிடெட் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , தட்டா சிமென்ட் இணை லிமிடெட் , டெக்கான் சிமென்ட் லிமிடெட் , புஜி சிமென்ட் இணை லிமிடெட் , சிறந்த வழி சிமென்ட் லிமிடெட் , கோஹாட் சிமென்ட் ,

Pakistan Cement & Concrete Market Analysis Forecast: Attock Cement, Bestway Cement, Cherat Cement, Dandot Cement Dominate

Press release content from Business Wire. The AP news staff was not involved in its creation.
Pakistan Cement & Concrete Market Analysis Forecast: Attock Cement, Bestway Cement, Cherat Cement, Dandot Cement Dominate - ResearchAndMarkets.com
February 8, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 8, 2021
The report provides an in-depth analysis of the cement and concrete market in Pakistan. It presents the latest data of the market size, consumption, domestic production, exports, cost dynamics and trends in the industry. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. ....

Federally Administered Tribal Areas , Laura Wood , E St Office Hours Call , Office Hours Call , Topics Covered , Five Market Share , Five Export Market Share , Five Profitability , Packing Material , Cement Sales , Senior Press , Free Call , Hours Call , Business Wire , South Asia , லாரா மரம் , ஏ ஸ்டம்ப் அலுவலகம் மணி அழைப்பு , அலுவலகம் மணி அழைப்பு , தலைப்புகள் மூடப்பட்ட , ஐந்து சந்தை பகிர் , ஐந்து ஏற்றுமதி சந்தை பகிர் , ஐந்து ப்ராஃபிடபிலிடீ , ப்யாகிஂக் பொருள் , சிமென்ட் விற்பனை , மூத்தவர் ப்ரெஸ் , இலவசம் அழைப்பு ,