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Energy

CCP highlights inefficiencies of state monopolies of Discos

ISLAMABAD: The Competition Commission of Pakistan (CCP) Tuesday highlighted the inefficiencies of state monopolies ...

Published 25 Dec, 2024 07:49am

Energy

‘Power bureaucracy discouraging consumers of solar energy’

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 25 Dec, 2024 08:30am

Energy

Bangladesh’s RPGCL seeks LNG cargo for Jan delivery, document shows

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking a liquefied natural gas (LNG) cargo for...

Published 24 Dec, 2024 10:45am

Energy

KATI opposes gas tariff hike recommendation by Ogra

KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has strongly opposed ...

Published 24 Dec, 2024 08:41am

Energy

KE crackdown on power thieves in Gulistan-e-Johar

KARACHI: K-Electric (KE) continues its crackdown against power theft and non-payment of bills. In collaboration with...

Published 24 Dec, 2024 09:05am

Energy

Oil prices rise in thin pre-holiday trade

NEW YORK/LONDON: Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term...

Updated 24 Dec, 2024 09:48pm

Energy

US natgas prices ease after hitting 23-month high

NEW YORK: US natural gas futures edged down on Monday from a near 23-month high in volatile trading, as short-term...

Published 24 Dec, 2024 06:33am

Energy

Oil prices ease on surplus concerns

NEW YORK: Oil prices edged lower on Monday on concerns about a supply surplus next year and strengthened dollar, in...

Published 24 Dec, 2024 06:33am

Energy

Middle East share of India’s Nov oil imports at 9-mth high; Russia down

NEW DELHI: India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its...

Published 23 Dec, 2024 02:13pm

Energy

China’s CNOOC brings onstream Suizhong 36-2 oilfield 36-2 block development project

BEIJING: China’s CNOOC Limited said on Monday its Suizhong 36-2 oilfield 36-2 block development project has started...

Published 23 Dec, 2024 11:22am

Energy

Oil prices stable on Monday as data offsets surplus concerns

LONDON: Oil prices stabilised on Monday after losses last week as lower-than-expected U.S. inflation data offset...

Updated 23 Dec, 2024 04:52pm

Energy

Pakistan joins fossil-fuel non-proliferation coalition

ISLAMABAD: Pakistan has joined a coalition of climate-vulnerable countries advocating for a global fossil-fuel...

Published 23 Dec, 2024 06:03am

Energy

No load-shedding in franchise areas: SSGC

KARACHI: At the outset it must be noted that SSGC is continuously experiencing gas shortages due to the yearly...

Published 23 Dec, 2024 06:03am

Energy

LESCO recovers over Rs8m from 446 defaulters

LAHORE: The Lahore Electric Supply Company (LESCO) recovered over Rs 8 million from 446 defaulters in collaboration...

Published 22 Dec, 2024 02:57am

Energy

SSGC’s operation girift: 4,962 illegal connections removed

KARACHI: Sui Southern Gas Company (SSGC) launched its operation girift campaign in 2016, with the objectives to...

Published 21 Dec, 2024 08:26am

Energy

US natural gas prices jump

NEW YORK: US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder...

Published 22 Dec, 2024 02:57am

Energy

Ogra notifies RLNG price cut for SNGPL, SSGCL

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price...

Published 21 Dec, 2024 08:37am

Energy

Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand

HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut...

Published 22 Dec, 2024 02:57am

Energy

China’s Nov fuel oil imports extend gains to seven-month high

SINGAPORE: China’s fuel oil imports hit their highest in seven months for November, customs data showed on Friday,...

Published 20 Dec, 2024 11:58am

Energy

Oil falls on strong dollar, demand growth worries

HOUSTON: Oil prices eased on Friday due to a strong dollar and worries about demand growth in 2025, especially in...

Updated 20 Dec, 2024 09:45pm

Energy

Energy reforms need of the hour: EEPF

KARACHI: The Energy and Economy Parliamentary Forum has convened its third meeting chaired by Dr Nafisa Shah, and co...

Published 20 Dec, 2024 02:43am

Energy

Oil makes gains on falling US crude inventories

NEW YORK: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited...

Published 20 Dec, 2024 02:43am

Energy

Gazprom to send 42.4 mcm of gas to Europe via Ukraine on Thursday

MOSCOW: Russian gas producer Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine...

Published 19 Dec, 2024 02:02pm

Energy

PACRA upgrades SSGC’s credit ratings

KARACHI: Pakistan Credit Rating Agency (PACRA) has upgraded the credit ratings of Sui Southern Gas Company Limited...

Published 20 Dec, 2024 02:43am

Energy

Gas price hike: Ogra’s move to add to the woes of masses and industries alike: KCCI

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Jawed Bilwani while strongly opposing the Oil...

Published 20 Dec, 2024 02:43am

Energy

Kunnar West Well-3: OGDCL announces commencement of production

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production...

Published 20 Dec, 2024 02:43am

Energy

Sinopec forecasts China’s petroleum consumption will peak by 2027

BEIJING: China’s petroleum consumption is expected to peak by 2027 at no more than 800 million metric tons, the...

Published 19 Dec, 2024 12:07pm

Energy

US natgas prices climb on lower output, rising LNG feedgas

NEW YORK: US natural gas futures climbed about 4% to a 13-month high on Thursday on lower output in recent days and...

Published 20 Dec, 2024 02:43am

Energy

OGDCL begins oil & gas production from Hyderabad

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

Updated 19 Dec, 2024 10:46pm

Energy

Power theft: LESCO recovers over Rs2.4m in a day

LAHORE: In a significant achievement, the Lahore Electric Supply Company (LESCO) has recovered a staggering Rs...

Published 19 Dec, 2024 08:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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