Trends - ABAD - Business Recorder

ABAD

Pakistan’s construction industry says concerned at curbs on non-filers

KARACHI: The construction industry has raised serious concerns over proposed financial restrictions for non-tax...

Updated 12 Jun, 2025 11:59am

Business & Finance

ABAD submits comprehensive budget proposals

KARACHI: The Association of Builders and Developers (ABAD) has submitted a comprehensive budget proposals for fiscal...

Published 23 May, 2025 06:12am

Business & Finance

Construction sector: builders, developers call for 15-year tax policy

The Association of Builders and Developers of Pakistan (ABAD) has called for a long-term 15-year tax policy for the...

Published 22 May, 2025 09:14pm

Business & Finance

Request to limit WHT monitoring to two years declined: ABAD urged to support FBR in achieving 15pc tax-to-GDP ratio

KARACHI: Chief Commissioner Aftab Alam of the Medium Taxpayer Office (MTO) Karachi has called upon the Association ...

Published 21 May, 2025 06:28am

Business & Finance

Improving tax-to-GDP ratio crucial to ease Pakistan debt burden: FBR official

Federal Board of Revenue (FBR) chief commissioner Aftab Alam said on Tuesday improving tax-to-GDP ratio was...

Published 20 May, 2025 09:18pm

Pakistan

ABAD congratulates Army over historic victory against India

KARACHI: The Association of Builders and Developers (ABAD) have congratulated Pakistan’s military, celebrating ...

Published 13 May, 2025 06:45am

Pakistan

Eliminating FED alone won’t revive Pakistan’s real estate, says ABAD chairman

Withdrawal of the Federal Excise Duty (FED) on property transactions will not lead to substantial real estate...

Updated 12 May, 2025 04:53pm

Business & Finance

Discrimination in load assessment procedures: ABAD lodges complaint with NEPRA against KE

KARACHI: Association of Builders and Developers of Pakistan (ABAD) has formally lodged a complaint in the National...

Published 14 Apr, 2025 05:20am

Pakistan

Karachi’s Central District: ABAD extends full support to SBCA’s operation

KARACHI: The Association of Builders and Developers (ABAD) has expressed full support for the Sindh Building Control...

Published 11 Apr, 2025 05:38am

Business & Finance

ABAD for withdrawal of amendments to KBTPR-2002

KARACHI: Association of Builders and Developers of Pakistan (ABAD) has called for the immediate withdrawal of recent...

Published 09 Apr, 2025 05:46am

Pakistan

Land-grab, encroachment issues: ABAD begins receiving relief

KARACHI: Members of the Association of Builders and Developers (ABAD) have begun receiving relief from land grabbing...

Published 19 Mar, 2025 07:56am

Business & Finance

Rising costs, taxes dampen construction activity: ABAD

ISLAMABAD: The rising costs of construction materials, coupled with high taxation, have slowed construction activity...

Updated 09 Mar, 2025 07:07am

Business & Finance

ABAD hoping for construction industry revival package

LAHORE: Chairman ABAD North S M Nabeel has expressed hope that the federal government will soon announce a revival...

Published 23 Feb, 2025 02:53am

Business & Finance

ABAD presents proposals for revival of housing sector

LAHORE: The Association of Builders and Developers of Pakistan (ABAD) presented a set of proposals for revival of...

Published 05 Jan, 2025 02:45am

Business & Finance

Call for environmentally sustainable building practices

KARACHI: Construction industry experts at the 18th Build Asia International Exhibition emphasised the urgent need ...

Published 26 Dec, 2024 06:11am

Pakistan

Mayor asks ABAD to transform 56 slum areas into residential complexes

KARACHI: Mayor Karachi, Barrister Murtaza Wahab, has offered the Association of Builders and Developers (ABAD) to...

Updated 14 Nov, 2024 08:39am

Pakistan

Minister assures ABAD of complete elimination of land mafias, kidnappers

KARACHI: Provincial Minister for Home and Parliamentary Affairs Sindh Ziaul Hassan Lanjhar assured the ...

Published 09 Nov, 2024 07:55am

Business & Finance

ABAD demands long-term tax policies, easier financing access

KARACHI: The Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has urged the...

Published 19 Oct, 2024 06:48am

Business & Finance

Business leaders for probe into growing misuse of law regarding cheque bounce

KARACHI: Business community has demanded a thorough investigation into the misuse of the cheque bounce law. The...

Published 12 Mar, 2024 04:27am

Business & Finance

Dagha inaugurates digitalisation of revenue land, online revenue facilitation centre

KARACHI: Caretaker Minister for Revenue, Industry and Commerce Sindh Muhammad Younus Dagha inaugurated the...

Published 18 Dec, 2023 06:42am

Business & Finance

UAE firms to invest $25bn in real estate industry

KARACHI: A conglomerate of Real Estate companies from the United Arab Emirates will invest USD 20 to 25 billion in...

Published 11 Nov, 2023 06:30am

Pakistan

Deportation centres to be set up for illegal Afghan people

KARACHI: Deportation centres are being established in Karachi to facilitate the detention and repatriation of...

Published 26 Oct, 2023 06:08am

Business & Finance

ABAD appreciates efforts of Sindh housing minister

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) has expressed its appreciation for the...

Published 07 Oct, 2023 06:01am

Pakistan

Asif Sumsum elected Chairman ABAD

KARACHI: Asif Sumsum has been elected as Chairman of the Association of Builders and Developers of Pakistan (ABAD)...

Published 01 Oct, 2023 02:59am

Business & Finance

Meeting with ABAD members: Turkiye CG interested in joint construction ventures

KARACHI: In a bid to strengthen economic ties and foster collaboration between builders and developers of Pakistan...

Published 25 Aug, 2023 06:34am

Business & Finance

Steel, glass, and tiles industries: CCP vows to conduct probe into alleged cartelization practices

KARACHI: The Competition Commission of Pakistan (CCP) has pledged to conduct a comprehensive investigation into...

Published 24 Jun, 2023 06:02am

Builders, developers: Govt may extend tax incentives

ISLAMABAD: The government is likely to give tax incentives to builders and developers in the budget (2023-24) to...

Updated 30 May, 2023 09:25am

Pakistan

Delegations of ABAD, LHCBA call on CM

LAHORE: A delegation of the Association of Builders and Developers Pakistan (ABAD) met with the Caretaker Chief...

Published 29 May, 2023 04:27am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.20
USD PKR Interbank Buying / Jun 16	283
USD to Japanese Yen / Jun 16	144.18
USD to Swiss Franc / Jun 16	0.81
Pound Sterling to USD / Jun 16	1.36
Euro to USD / Jun 16	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 16	81,650.51
Tokyo Nikkei / Jun 16	38,314.09
Hang Seng / Jun 16	23,975.22
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Petrol/Litre / Jun 16	258.43
Crude Oil USD/Barrel / Jun 16	73.56
Gold Spot USD/Ounce / Jun 16	3,417.18
Diesel/Litre / Jun 16	262.59
Cotton US¢/pound / Jun 16	68.12

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.93 ▲ 1 (34.13%)
First Prudential Mod. / Jun 16 First Prudential Modaraba(PMI)	4.39 ▲ 1 (29.5%)
First Punjab Modaraba / Jun 16 First Punjab Modaraba(FPJM)	4.48 ▲ 1 (28.74%)
Cresent Jute / Jun 16 Crescent Jute Products Limited(CJPL)	4.57 ▲ 1 (28.01%)
Unicap Modaraba / Jun 16 Unicap Modaraba(UCAPM)	4.60 ▲ 0.95 (26.03%)
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	3.85 ▲ 0.79 (25.82%)
Shaheen Ins. / Jun 16 Shaheen Insurance Company Limited(SHNI)	5.67 ▲ 0.92 (19.37%)
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	3.21 ▲ 0.5 (18.45%)
Equity Modaraba / Jun 16 First Equity Modaraba(FEM)	3.86 ▲ 0.58 (17.68%)
LSE Capital / Jun 16 LSE Capital Limited(LSECL)	6.37 ▲ 0.9 (16.45%)

Stock	Price
Intermarket Securities / Jun 16 Intermarket Securities Limited(IMS)	5.82 ▼ -51.44 (-89.84%)
PIA Holding Co.B / Jun 16 PIA Holding Company Limited B(PIAHCLB)	17,000.19 ▼ -1888.91 (-10%)
Pakgen Power / Jun 16 Pakgen Power Limited(PKGP)	263.77 ▼ -29.31 (-10%)
Khyber Textile / Jun 16 Khyber Textile Mills Limited(KHYT)	1,615.10 ▼ -179.45 (-10%)
Hala Enterprise / Jun 16 Hala Enterprises Limited(HAEL)	27.62 ▼ -3.07 (-10%)
Faisal Sp. / Jun 16 Faisal Spinning Mills Limited(FASM)	299.22 ▼ -30.74 (-9.32%)
Apna Microfin. / Jun 16 Apna Microfinance Bank Limited(AMBL)	10.70 ▼ -0.96 (-8.23%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	73.72 ▼ -5.38 (-6.8%)
Ashfaq Textile / Jun 16 Ashfaq Textile Mills Limited(ASHT)	24.16 ▼ -1.54 (-5.99%)
LSE Financial Serv. / Jun 16 LSE Financial Services Limited(LSEFSL)	40.60 ▼ -2.37 (-5.52%)

Stock	Volume
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	267,081,176 ▲ 0.17
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	92,031,551 ▲ 1
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	86,020,335 ▲ 0.79
Kohinoor Spining / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	73,827,515 ▲ 0.48
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	56,419,406 ▲ 0.5
PIA Holding Co.Ltd / Jun 16 PIA Holding Company Limited(PIAHCLA)	43,086,504 ▲ 1.78
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	37,905,727 ▲ 1.76
Dewan Cement / Jun 16 Dewan Cement Limited(DCL)	29,277,399 ▲ 1.11
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	23,084,256 ▼ -0.06
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	22,313,740 ▲ 0.04

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