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US millionaire gored to death by buffalo he was hunting in Limpopo
US millionaire gored to death by buffalo he was hunting in Limpopo

IOL News

time4 days ago

  • IOL News

US millionaire gored to death by buffalo he was hunting in Limpopo

Asher Watkins, a millionaire from the United States of America, was gored to death by a buffalo he was hunting in Limpopo this Sunday. The 52-year-old hunter had reportedly paid Coernraad Vermaak Safaris around R177,221 for the trip in which he planned to stalk and kill wild animals in the expedition. "It is with deep sadness and heavy hearts that we confirm the tragic death of our client and friend Asher Watkins from the USA. On Sunday, while on a hunting safari with us in Limpopo province, Asher was fatally injured in a sudden and unprovoked attack by an unwounded buffalo. "He was tracking it together with one of our professional hunters and one of our trackers. This is a devastating incident, and our hearts go out to his loved ones," said the safari's Hans Vermaak in a statement. The safari said cape buffalo have some of the most fearsome reputations on the planet. "Responsible for several deaths and many injuries to hunters each year, the buffalo is regarded as the most dangerous animal to pursue in Africa, let alone the world," it said on its website.

CPO Futures Snap Three-day Rally On Weaker Export Performance
CPO Futures Snap Three-day Rally On Weaker Export Performance

Barnama

time25-07-2025

  • Business
  • Barnama

CPO Futures Snap Three-day Rally On Weaker Export Performance

By Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, July 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended its three-day rally to close lower on Friday, weighed down by lower export performance, a trader said. Palm oil trader David Ng said Russia's announcement on the suspension of export duty for sunflower oil, which could erode palm oil's competitiveness in the vegetable oil market, also pressured prices. 'CPO prices are being impacted by concerns over increased output. We see the support level at RM4,200 per tonne, with resistance at RM4,380,' he told Bernama. At the close, the spot-month August 2025 contract slipped by RM38 to RM4,221 per tonne, the September 2025 contract shed RM52 to RM4,258, and the October 2025 contract dropped RM57 to RM4,273. The November 2025 contract fell RM51 to RM4,283 per tonne, December 2025 decreased RM39 to RM4,290, and January 2026 eased RM31 to RM4,290 per tonne. Trading volume jumped to 82,818 lots from 75,735 lots on Thursday, while open interest reduced to 229,303 contracts from 233,661 previously. The physical CPO price for July South dropped RM50 to RM4,230 per tonne. -- BERNAMA

DMart Q1FY26 Results: Standalone profit up 2.1% YoY to Rs 830 crore – check quarterly earnings of Avenue Supermarts
DMart Q1FY26 Results: Standalone profit up 2.1% YoY to Rs 830 crore – check quarterly earnings of Avenue Supermarts

Indian Express

time12-07-2025

  • Business
  • Indian Express

DMart Q1FY26 Results: Standalone profit up 2.1% YoY to Rs 830 crore – check quarterly earnings of Avenue Supermarts

DMart Share Price, Avenue Supermarts Share Price: Shares of Avenue Supermarts Limited settled in red on Friday (July 11) at Rs 4069 apiece, down 2.40 per cent. According to the NSE, the retail stock has a total market cap of Rs 2,64,783.29 crore. The company runs supermarket chain under the brand DMart. In an exchange filing, the company said, 'Total Revenue for the quarter ended June 30, 2025 stood at Rs.16,360 crore, as compared to Rs.14,069 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1FY26 stood at Rs.1,299 crore, as compared to Rs.1,221 crore in the corresponding quarter of last year. EBITDA margin stood at 7.9% in Q1FY26 as compared to 8.7% in Q1FY25. Net Profit stood at Rs.773 crore for Q1FY26, as compared to Rs.774 crore in the corresponding quarter of last year. PAT margin stood at 4.7% in Q1FY26 as compared to 5.5% in Q1FY25. Basic Earnings per share (EPS) for Q1FY26 stood at Rs.11.88, as compared to Rs.11.89 for Q1FY25.' On standalone results, the company stated that the total Revenue for the quarter ended June 30, 2025 stood at Rs.15,932 crore, as compared to Rs.13,712 crore in the same period last year. 'Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1FY26 stood at Rs.1,313 crore, as compared to Rs.1,221 crore in the corresponding quarter of last year. EBITDA margin stood at 8.2% in Q1FY26 as compared to 8.9% in Q1FY25. Net Profit stood at Rs.830 crore for Q1FY26, as compared to Rs.812 crore in the corresponding quarter of last year (y-o-y growth of 2.1%). PAT margin stood at 5.2% in Q1FY26 as compared to 5.9% in Q1FY25. Basic Earnings per share (EPS) for Q1FY26 stood at Rs.12.75, as compared to Rs.12.49 for Q1FY25,' it said in a filing. Avenue Supermarts Limited is a component of the BSE 100. According to the BSE analytics (as of July 12), shares of Avenue Supermarts Ltd gave negative returns of 4.63 per cent and 5.73 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month and 3 months, shares of the retail company fell 0.38 per cent and 1.4 per cent, respectively. In the last 1 year, shares of the company down 17.01 per cent. In the past 2 years, 3 years, and 5 years, shares of the company gained 6.20 per cent, 1.95 per cent and 75.01 per cent, respectively. Avenue Supermarts Limited never issued dividends for the shareholders. Avenue Supermarts Ltd never issued bonuses for the equity shareholders.

PSX reaches record high as index surpasses 119,000 points
PSX reaches record high as index surpasses 119,000 points

Express Tribune

time20-03-2025

  • Business
  • Express Tribune

PSX reaches record high as index surpasses 119,000 points

PSX reaches record high as index crosses 119,000 points for the first time Listen to article The Pakistan Stock Exchange (PSX) continued its bullish momentum on Thursday, achieving an all-time high as the KSE-100 Index crossing the 119,421.81-point mark during intra-day trading The stock market is currently experiencing a positive movement, with the current index up by 689.71 points, reaching 118,663.73, reflecting a 0.58% increase during the day. The market reached an all-time high of 119,421.81 points today, while the lowest point recorded so far was 118,525.00. The trading volume stands at 268,125,313 shares, with a total value of Rs20,221,788,995. The market is still open, and the final performance will be determined once it closes. This upward trend indicates a positive sentiment among investors, showing growing confidence in the market as the session continues. Earlier on Wednesday, the Pakistan Stock Exchange (PSX) hit an all-time high, reaching nearly 118,000 points, as the market extended its winning streak, gaining over 950 points. This surge was driven by robust local institutional buying and the potential resolution of the longstanding circular debt issue in the power sector. Positive expectations surrounding the approval of the IMF's first review under the $7 billion Extended Fund Facility also boosted investor confidence. The IMF's potential approval of the government's circular debt management plan and the clearing of outstanding dues for independent power producers (IPPs) eased concerns in the energy sector. Key sectors, including cement, commercial banks, oil and gas, fertilisers, and power, saw strong buying, pushing the index to an intra-day high of 118,244. The KSE-100 index closed at 117,974.03, up by 972.94 points (0.83%). Key contributors to the rise included Hub Power, Mari Petroleum, Engro Holdings, Systems Limited, and Pakistan Petroleum. However, companies like Fauji Fertiliser Co, Engro Fertilisers, and Pakistan Oilfields slightly dragged the index down. The trading volume increased to 544.2 million shares, with a total value of Rs32.3 billion. Notably, Pakistan International Bulk Terminal was the volume leader, followed by Pak Elektron and WorldCall Telecom. Foreign investors sold shares worth Rs963.9 million. Analysts are optimistic, predicting continued bullish momentum, with expectations of further progress on the IMF review and the circular debt resolution.

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