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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

Commodities

Global LNG: Asia spot prices gain amid Russia-Ukraine gas transit concerns

SINGAPORE: Asian spot liquefied natural gas (LNG) prices gained this week, the first rise after three weekly...

Published 27 Dec, 2024 06:24pm

Energy

Pakistan Petroleum Limited commissions new exploratory well in Sujawal

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has successfully commissioned the exploratory...

Updated 27 Dec, 2024 09:38pm

Energy

Big Oil backtracks on renewables push as climate agenda falters

LONDON: Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing...

Published 27 Dec, 2024 12:18pm

Energy

PM calls for uninterrupted gas supply to domestic consumers

Prime Minister Shehbaz Sharif directed authorities on Friday to ensure uninterrupted gas supply to domestic...

Updated 27 Dec, 2024 11:08pm

Energy

Oil heads for weekly gain on China stimulus hopes

LONDON: Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a...

Updated 27 Dec, 2024 06:02pm

Energy

Defaulters: Lesco recovers over Rs93m in 24 hours

LAHORE: The Lahore Electric Supply Company (Lesco) has intensified its crackdown against power defaulters, ...

Published 27 Dec, 2024 08:42am

Energy

Gas closure claims belied: RLNG import priority needs explanation: SNGPL

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) states that the gas was closed in some part of December...

Published 27 Dec, 2024 06:27am

Energy

PSO board approves SPA execution with Azerbaijan’s SOCAR

The Board of Management (BoM) of Pakistan State Oil Company Limited (PSO), the largest fuel marketing company in the...

Updated 26 Dec, 2024 07:54pm

Energy

Oil rises on China stimulus hopes, US inventory drop

LONDON: Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in ...

Published 27 Dec, 2024 06:27am

Energy

US natural gas prices retreat from 2-year peak on less cold forecasts

NEW YORK: US natural gas futures fell more than 5% on Thursday from a near two-year high in holiday-thinned trade as...

Published 27 Dec, 2024 06:27am

Energy

OGDCL revives well in Hyderabad, enhances oil production

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

Updated 26 Dec, 2024 06:30pm

Energy

China’s first batch of 2025 fuel export quota flat vs a year ago

SINGAPORE: China has issued 19 million metric tons of export quotas for gasoline, diesel and aviation fuel under the...

Published 26 Dec, 2024 10:40am

Energy

Oil edges up on China stimulus hopes, US inventory drop

LONDON: Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China,...

Updated 26 Dec, 2024 06:43pm

Energy

SNGPL clarification

LAHORE: This is with reference to news published with subject “Local gas cuts cause $194m loss to economy in 4...

Published 26 Dec, 2024 06:11am

Energy

Indian state refiners may buy Mideast spot oil to replace Russian shortfall

NEW DELHI: Indian state refiners are considering tapping the Middle East crude market as spot supply from their top...

Published 26 Dec, 2024 06:11am

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

US natgas prices hit 23-month high on increased LNG feedgas, heating demand

NEW YORK: US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an ...

Published 26 Dec, 2024 06:11am

Energy

Oil prices rise in thin pre-holiday trade

NEW YORK: Oil prices rose more than 1% on Tuesday, reversing the prior session’s losses on a brightening ...

Published 26 Dec, 2024 06:11am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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