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Energy

Oil rises from two-month highs on optimism over policy support for growth

SINGAPORE: Oil prices extended their gains on Friday after closing at their highest in more than two months in the...

Published 03 Jan, 2025 08:05am

Energy

Punjab govt launches solarization plan

LAHORE: On the direction of CM Punjab Maryam Nawaz Sharif, “Chief Minister Punjab Solarization for Agricultural...

Published 03 Jan, 2025 05:54am

Energy

POL products: Dec sales up 3pc to 1.28m tons YoY

KARACHI: The sales of petroleum products in the country increased by 3.0 percent on year-on-year basis to 1.28...

Published 03 Jan, 2025 05:54am

Energy

Saudi Arabia may increase February oil prices for Asia

SINGAPORE: Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in February for the first time in...

Published 03 Jan, 2025 05:54am

Energy

US natural gas prices up on rising LNG feedgas

NEW YORK: US natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG)...

Published 03 Jan, 2025 05:54am

Energy

Sale of petroleum products up 3% in December amid higher demand

The sale of total petroleum products in Pakistan clocked in at 1.28 million tons in December, an increase of 3% on a...

Published 02 Jan, 2025 04:10pm

Energy

Oil prices rise on China optimism as investors return after holiday

LONDON: Oil prices rose on Thursday as investors returned for the first trading day of the new year with an...

Updated 02 Jan, 2025 05:36pm

Energy

Norway, US, Qatar replace Russian gas: Russian gas era in Europe ends as Ukraine stops transit

MOSCOW/KYIV: Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s ...

Published 02 Jan, 2025 05:56am

Energy

Reforms in energy sector inevitable: Power consumers paying high tariffs as compared to regional countries

ISLAMABAD: Chairman Economic Policy and Business Development and former caretaker minister Gohar Ejaz has said that...

Updated 02 Jan, 2025 08:07am

Energy

KE removes 150 illegal connections weighing 1,280kg in Malir

KARACHI: K-Electric (KE) continues its crackdown against power theft and non-payment of bills. With the support of...

Updated 02 Jan, 2025 08:08am

Energy

Indonesia’s higher biodiesel mandate rollout may be gradual

JAKARTA: Indonesia’s plan to expand its biodiesel mandate from Jan. 1, which has fuelled concerns it could curb...

Published 02 Jan, 2025 05:56am

Energy

Kazakhstan’s Tengiz oil field output 20pc

MOSCOW: Output from Kazakhstan’s biggest oil field Tengiz, operated by US major Chevron, remained 20% below its...

Published 02 Jan, 2025 05:56am

Energy

US natural gas prices see best year since 2021 as LNG export demand surges

NEW YORK: US natural gas futures retreated on Tuesday as traders booked profits, though the market recorded its...

Published 02 Jan, 2025 05:56am

Energy

Alleged 3rd party gas sale: Minster says facts to be shared with media

ISLAMABAD: The petroleum minister has sought detail of alleged third-party sale of gas without a license from the...

Published 01 Jan, 2025 03:03am

Energy

Ogra decreases LPG cylinder prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday decreased the LPG cylinder prices with effect from...

Published 01 Jan, 2025 03:03am

Energy

Oil prices set for second annual loss in a row

LONDON: Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on...

Published 01 Jan, 2025 03:03am

Energy

Oil set for annual loss although buoyed on the day by China data

LONDON: Oil prices were on track to end 2024 with a second consecutive year of losses, although they rose on the day...

Updated 31 Dec, 2024 04:54pm

Energy

1,200MW added to national grid: PAEC achieves major milestone thru construction of Chashma Nuclear Power Plant Unit 5

ISLAMABAD: Pakistan Atomic Energy Commission (PAEC) achieved a major milestone through the construction of Chashma...

Published 31 Dec, 2024 06:32am

Energy

Entire next month: SSGC to curtail supply of gas to power generation by 50pc

ISLAMABAD: The Sui Southern Gas Company (SSGC) has curtailed supply of gas for power generation by 50 percent from...

Published 31 Dec, 2024 06:32am

Energy

Russian gas flows via Ukraine for last days as transit deal crumbles

MOSCOW: Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit...

Published 31 Dec, 2024 06:32am

Energy

India’s BPCL buys Middle East grades to replace Russian shortfall

NEW DELHI: State-run Indian refiner Bharat Petroleum Corp is buying Middle Eastern crude to make up for less supply...

Published 30 Dec, 2024 12:12pm

Energy

China issues at least 152mn T in 2025 crude oil import quotas, sources say

SINGAPORE: China has issued at least 152.49 million metric tons of crude oil import quotas to independent refiners...

Published 30 Dec, 2024 11:03am

Energy

Oil drifts higher in sparse holiday trade

LONDON: Oil prices edged up on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese...

Updated 30 Dec, 2024 06:20pm

Energy

Rawalpindi: SNGPL refutes reports about 8-hour loadshedding

RAWALPINDI: The Sui Northern Gas Pipelines Limited (SNGPL) Rawalpindi has refuted reports of eight-hour gas load...

Published 30 Dec, 2024 07:26am

Energy

Construction of Chashma-5 NPP commences today

MIANWALI: A ceremony to formally commence the construction of Chashma Nuclear Power Project Unit-5 (C-5) is being...

Published 30 Dec, 2024 07:34am

Energy

US natgas prices slip on smaller-than-expected gas draw from inventories

NEW YORK: US natural gas futures fell over 5% on Friday, hitting its lowest level in over a week, as a weekly ...

Published 29 Dec, 2024 02:48am

Energy

Oil prices up on large draw from US crude stocks

NEW YORK: Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of...

Published 29 Dec, 2024 02:48am

Energy

Talks with Chinese IPPs initiated, says Leghari

Federal Minister for Power Sardar Awais Ahmed Khan Leghari said the government has initiated talks with the Chinese...

Updated 28 Dec, 2024 06:07pm

Energy

PM Shehbaz expresses concern over delays in Discos’ CEO appointment

Emphasizes that appointment of CEOs should be completed with utmost transparency

Updated 28 Dec, 2024 04:49pm

Energy

Irked by gas shortages, PM calls for reform

ISLAMABAD: Taking notice of complaints by the domestic consumers, Prime Minister Shehbaz Sharif on Friday directed...

Published 28 Dec, 2024 05:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 2	278.75
USD PKR Interbank Buying / Jan 2	278.55
USD to Japanese Yen / Jan 2	157.39
USD to Swiss Franc / Jan 2	0.91
Pound Sterling to USD / Jan 2	1.24
Euro to USD / Jan 2	1.03

Stock	Volume
Tokyo Nikkei / Jan 1	39,894.54
S&P 500 / Jan 2	5,868.55
India Sensex / Jan 2	79,943.71
Nasdaq / Jan 2	19,280.79
Hang Seng / Jan 2	19,870.34
FTSE 100 / Jan 2	8,260.09
Dow Jones / Jan 2	42,392.27
Germany DAX 30 / Jan 2	20,024.66

Item	Value
Crude Oil USD/Barrel / Jan 2	73.39
Karachi Cotton PKR/37.32 KG / Jan 2	18,085
Gold 10 Grams PKR / Jan 2	242,888.30
Gold Spot USD/Ounce / Jan 2	2,633.41
Cotton US¢/pound / Jan 2	68.49
Petrol/Litre / Jan 3	252.66

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jan 2 Siddiqsons Tin Plate Limited(STPL)	6.66 ▲ 0.80 (13.65%)
Escorts Bank / Jan 2 Escorts Investment Bank Limited(ESBL)	6.85 ▲ 0.80 (13.22%)
Tri-Star Power / Jan 2 Tri-Star Power Limited(TSPL)	5.87 ▲ 0.63 (12.02%)
Ittefaq Iron Ind / Jan 2 Ittefaq Iron Industries Limited(ITTEFAQ)	9.47 ▲ 1.00 (11.81%)
Blue-Ex Ltd / Jan 2 Blue-Ex Limited (GEM)(GEMBLUEX)	47.69 ▲ 4.34 (10.01%)
Ali Asghar / Jan 2 Ali Asghar Textile Mills Limited(AATM)	79.20 ▲ 7.20 (10.00%)
AL-Ghazi Tractors / Jan 2 Al-Ghazi Tractors Limited(AGTL)	629.66 ▲ 57.24 (10.00%)
Biafo Ind. / Jan 2 Biafo Industries Limited(BIFO)	217.42 ▲ 19.77 (10.00%)
Exide (PAK) / Jan 2 Exide Pakistan Limited(EXIDE)	889.49 ▲ 80.86 (10.00%)

Stock	Price
First Prudential Mod. / Jan 2 First Prudential Modaraba(PMI)	2.97 ▼ -0.72 (-19.51%)
Zahid Jee Textile / Jan 2 Zahidjee Textile Mills Limited(ZAHID)	27.90 ▼ -3.10 (-10.00%)
Frontier Ceram / Jan 2 Frontier Ceramics Limited(FRCL)	34.76 ▼ -3.86 (-9.99%)
Ellcot Spinning / Jan 2 Ellcot Spinning Mills Limited(ELSM)	108.10 ▼ -11.97 (-9.97%)
Fateh Sports / Jan 2 Fateh Sports Wear Limited(FSWL)	78.60 ▼ -8.62 (-9.88%)
National Silk / Jan 2 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Al-Khair Gadoon / Jan 2 Al-Khair Gadoon Limited(AKGL)	37.41 ▼ -4.04 (-9.75%)
Olympia Mills / Jan 2 Olympia Mills Limited(OML)	36.36 ▼ -3.53 (-8.85%)
First Capital Equities / Jan 2 First Capital Equities Limited(FCEL)	5.51 ▼ -0.51 (-8.47%)

Stock	Volume
Fauji Foods Ltd / Jan 2 Fauji Foods Limited(FFL)	88,905,675 ▲ 0.88
Cnergyico PK / Jan 2 Cnergyico PK Limited(CNERGY)	71,999,946 ▼ -0.11
WorldCall Telecom / Jan 2 Worldcall Telecom Limited(WTL)	71,859,219 ▲ 0.03
Pak Int.Bulk / Jan 2 Pakistan International Bulk Terminal(PIBTL)	62,831,962 ▼ -0.20
Telecard Limited / Jan 2 Telecard Limited(TELE)	60,523,518 ▲ 0.72
B.O.Punjab / Jan 2 The Bank of Punjab(BOP)	45,412,470 ▼ -0.17
Pace (Pak) Ltd. / Jan 2 Pace (Pakistan) Limited(PACE)	41,276,943 ▲ 0.26
Pak Elektron / Jan 2 Pak Elektron Limited(PAEL)	33,978,834 ▲ 0.11
Aisha Steel Mill / Jan 2 Aisha Steel Mills Limited(ASL)	33,731,868 ▼ -0.39

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