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Energy

Oil prices fall as demand concerns offset Libya supply risks

Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a...

Updated 28 Aug, 2024 07:02pm

Energy

Oil prices fall 2pc on economic worries, technical decline

NEW YORK: Oil prices fell about 2% on Tuesday on worries that slower economic growth in the US and China could...

Published 28 Aug, 2024 06:22am

Energy

US natural gas prices slide

NEW YORK: US natural gas futures slid about 2% to a four-week low on Tuesday on forecasts for less hot weather over...

Published 28 Aug, 2024 06:22am

Energy

LESCO recovers Rs50m in a day

LAHORE: On the directives of Chief Executive Engineer Shahid Hayder, LESCO has intensified its recovery drive ...

Published 28 Aug, 2024 06:22am

Energy

Oil bears focus on lacklustre demand and planned output boost

LONDON: Investors have remained resolutely bearish about the outlook for petroleum prices despite increasing...

Published 28 Aug, 2024 06:22am

Energy

Oil slips after surge on Libyan outages and Middle East risk

LONDON: Oil prices slipped slightly on Tuesday after rebounding more than 7% over the previous three sessions on...

Updated 27 Aug, 2024 04:37pm

Energy

Oil climbs 3pc as Libya output cuts further supply concerns

HOUSTON: Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from...

Published 27 Aug, 2024 06:44am

Energy

LESCO Safety Directorate identifies safety violations

LAHORE: The Safety Directorate of Lahore Electric Supply Company (LESCO) has inspected 51 sites in the past month,...

Published 27 Aug, 2024 06:44am

Energy

IESCO’s Rs14 per unit relief for domestic consumers

ISLAMABAD: As per the decision of the Punjab Government, IESCO's domestic consumers who used between 201 and 500...

Published 27 Aug, 2024 06:44am

Energy

Kuwait signs 15-year deal for Qatar gas supply

KUWAIT CITY: Kuwait’s state oil giant on Monday announced a 15-year deal for the supply of natural gas from Qatar,...

Published 26 Aug, 2024 06:54pm

Energy

US natural gas prices slip

NEW YORK: US natural gas futures fell about 2% to a three-week low on Monday on forecasts for lower demand next week...

Published 27 Aug, 2024 06:44am

Energy

Pakistan’s largest IPP HUBCO posts profit of Rs75.3bn in FY24

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit increase by...

Updated 26 Aug, 2024 10:32pm

Energy

QatarEnergy, Kuwait Petroleum Corp to agree long-term LNG deal

KUWAIT: State-owned QatarEnergy and Kuwait Petroleum Corporation will sign a long-term sales and purchase agreement...

Published 26 Aug, 2024 02:25pm

Energy

Oil up 2% on Libya shutdowns, Mideast escalation fears

LONDON: Oil prices rose 2% on Monday on news of fresh production outages in Libya, adding to earlier gains on...

Updated 26 Aug, 2024 05:17pm

Energy

SkyElectric completes first phase of JET programme in Japan

KARACHI: Pakistan’s prestigious solar technology brand, SkyElectric has achieved a momentous breakthrough in the...

Published 26 Aug, 2024 08:04am

Energy

China’s Sinopec posts 2.7% rise in first-half profit

BEIJING: China’s Sinopec posted a 2.7% rise in net profit for the first half of the year, it said on Sunday, as...

Updated 25 Aug, 2024 10:35pm

Energy

US natgas prices slide on lower demand

NEW YORK: US natural gas futures slid about 2% to a two-week low on Friday on forecasts for lower demand this week...

Published 25 Aug, 2024 03:05am

Energy

China’s plunging coal plant approvals signal energy policy pivot, report says

BEIJING: A sharp drop in new coal plant permits in China suggests the world’s largest builder of the polluting...

Published 25 Aug, 2024 03:05am

Energy

Oil climbs $2/barrel

HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome...

Published 24 Aug, 2024 06:23am

Energy

Morgan Stanley cuts 2024 oil demand growth outlook

NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower...

Published 24 Aug, 2024 06:23am

Energy

Former caretaker minister steps up criticism of IPPs

FAISALABAD: Independent Power Producers (IPPs) have kept the industry and all other sectors of the country hostage...

Published 24 Aug, 2024 06:23am

Commodities

Global LNG: Asia spot prices ease from 8-month top on weaker demand

SINGAPORE: Asian spot liquefied natural gas (LNG) prices eased this week from a more than eight-month top on the...

Published 23 Aug, 2024 04:38pm

Energy

Oil climbs with U.S. Federal Reserve pivot

HOUSTON: Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest...

Updated 23 Aug, 2024 11:34pm

Energy

Chevron to invest about $989mn in India, state minister says

Chevron plans to invest 83 billion rupees ($989.20 million) in India’s Bengaluru, in what will be the oil and gas...

Published 22 Aug, 2024 11:03am

Energy

PBIF lauds Punjab govt for giving power bill relief

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 23 Aug, 2024 03:24am

Energy

US natgas prices slide

NEW YORK: US natural gas futures slid about 3% to a two-week low on Thursday on forecasts for less hot weather over...

Published 23 Aug, 2024 03:24am

Energy

Pakistan’s ‘zombie power sector sucking the blood out of healthy firms’: Atif Mian

Noted economist says govt refusing to recognise the sector is bankrupt

Updated 22 Aug, 2024 03:33pm

Energy

Oil prices steady as US crude draw limits downside

Oil prices steadied on Thursday after four days of declines on investor concern over the global demand outlook,...

Updated 22 Aug, 2024 05:42pm

Energy

Niger resumes oil exports via Benin after suspension

COTONOU: Landlocked Niger has resumed crude oil exports via Benin after a dispute between the countries halted the...

Published 22 Aug, 2024 06:58am

Energy

SNGPL’s shareholders approve 45pc cash dividend for FY 2022-23

LAHORE: The Sui Northern Gas Pipelines Limited (SNGPL) is celebrating 60 years of its journey. The Annual General...

Published 22 Aug, 2024 08:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 28	278.55
USD PKR Interbank Buying / Aug 28	278.35
USD to Japanese Yen / Aug 28	144.50
USD to Swiss Franc / Aug 28	0.84
Pound Sterling to USD / Aug 28	1.32
Euro to USD / Aug 28	1.11

Stock	Volume
S&P 500 / Aug 27	5,625.80
Nasdaq / Aug 27	17,754.82
Dow Jones / Aug 27	41,250.50
India Sensex / Aug 28	81,717.23
Tokyo Nikkei / Aug 28	38,279.19
Hang Seng / Aug 28	17,684.26
FTSE 100 / Aug 28	8,343.27
Germany DAX 30 / Aug 28	18,745.27

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 27	18,535
Gold 10 Grams PKR / Aug 27	227,884.60
Crude Oil USD/Barrel / Aug 28	75.54
Gold Spot USD/Ounce / Aug 28	2,509.04
Cotton US¢/pound / Aug 28	69.26
Petrol/Litre / Aug 29	260.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Aug 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Aug 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Aug 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Aug 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Aug 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Aug 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Aug 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Aug 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Aug 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Aug 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Aug 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Aug 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Aug 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Aug 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Aug 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Aug 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Aug 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Aug 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Aug 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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