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Energy

TotalEnergies further delays $20 bln Mozambique LNG project, FT reports

France’s TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing...

Published 22 Jan, 2025 12:39pm

Energy

Oil steady as investors watch Trump 2.0 policies

SINGAPORE: Oil prices were little changed on Wednesday as markets weighed US President Donald Trump’s declaration of...

Updated 22 Jan, 2025 10:58am

Energy

Oil prices fall

NEW YORK: Oil prices fell on Tuesday as investors assessed US President Donald Trump’s plans to apply new tariffs...

Published 22 Jan, 2025 06:06am

Energy

US natural gas futures lower

NEW YORK: US natural gas futures fell about 4% to a one-week low on Tuesday even as extreme cold across much of the...

Published 22 Jan, 2025 06:06am

Energy

Trump lifts freeze on LNG export permit applications

WASHINGTON: President Donald Trump issued an order on Monday for the US to resume processing export permit...

Published 21 Jan, 2025 12:41pm

Energy

Bangladesh’s RPGCL seeks LNG cargo for end-Feb delivery, document shows

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) has issued a tender seeking one cargo of liquefied...

Published 21 Jan, 2025 12:15pm

Energy

India’s MRPL issues first crude oil import tender for 2025

SINGAPORE: Indian refiner Mangalore Refinery and Petrochemical Ltd issued its first crude import tender for 2025,...

Published 21 Jan, 2025 12:00pm

Energy

Oil falls as traders digest Trump tariff reprieve, stronger dollar

LONDON: Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump’s plans to apply new tariffs...

Updated 21 Jan, 2025 07:33pm

Energy

Meeting discusses provision of solar panels to 200,000 houses

KARACHI: Provincial Minister for Energy Syed Nasir Hussain Shah chaired a meeting at Energy Department office ...

Published 21 Jan, 2025 07:43am

Energy

PARCO MD visits Descon’s Head Office

KARACHI: The Managing Director of PARCO, Irteza Ali Qureshi, a valued client of Descon Engineering for over 25 ...

Published 21 Jan, 2025 06:12am

Energy

OGDCL boosts oil production at Pasakhi-7, starts gas supply from Chak 212-1

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) boosts oil production at Pasakhi-7, commenced gas...

Published 21 Jan, 2025 07:41am

Energy

Rousch Power transfers complex to government entity after CPPA settlement

Rousch (Pakistan) Power Limited (RPPL), an Independent Power Producer (IPP), has handed over its complex to the...

Updated 20 Jan, 2025 07:41pm

Energy

LNG traders divert six US cargoes to Europe from Asia

SINGAPORE: Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe...

Published 20 Jan, 2025 02:32pm

Energy

US natgas futures drop in quiet trade

NEW YORK: US natural gas futures dropped to a near one-week low in holiday-thinned trade on Monday on forecasts of...

Published 21 Jan, 2025 06:12am

Energy

Oil prices slide as market awaits Trump’s return to White House

HOUSTON: Oil prices slipped on Monday as US President-elect Donald Trump’s inauguration is expected to bring a...

Published 21 Jan, 2025 06:12am

Energy

Nuclear power dominates as Pakistan’s electricity generation increases 1% in December 2024

Power generation in Pakistan clocked in at 7,800 GWh (10,484 MW) in December 2024, an increase of 1% YoY compared to...

Updated 20 Jan, 2025 06:55pm

Energy

Iran raises February light crude price to Asia

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.95 a barrel above...

Published 20 Jan, 2025 12:45pm

Energy

China’s crude oil imports from top supplier Russia reach new high in 2024

SINGAPORE: China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while...

Published 20 Jan, 2025 12:35pm

Energy

OGDCL enhances oil and gas production

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

Updated 20 Jan, 2025 04:36pm

Energy

Oil prices slide as market awaits Trump’s return to White House

HOUSTON: Oil prices slipped on Monday as U.S. President-elect Donald Trump’s inauguration is expected to bring a...

Updated 20 Jan, 2025 09:25pm

Energy

Oil giant BP cuts thousands of jobs to slash costs

LONDON: British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its...

Published 20 Jan, 2025 05:31am

Energy

‘Disco Support Unit’ established

LAHORE: In a significant move to curb power theft and improve recovery, the government has established a Disco...

Published 19 Jan, 2025 02:47am

Commodities

Global LNG: Asian spot LNG slips amid healthy stocks, weak demand

SINGAPORE: Asian spot liquefied natural gas (LNG) prices slightly declined this week, weighed by healthy inventory...

Published 17 Jan, 2025 06:42pm

Energy

US natural gas prices drop

NEW YORK: US natural gas futures dropped about 5% on Friday from a two-year high in the prior session on forecasts...

Published 19 Jan, 2025 02:47am

Energy

Oil prices down

HOUSTON: Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the...

Published 19 Jan, 2025 02:47am

Energy

OPEC’s share in India’s annual oil imports rises after 8-year drop

NEW DELHI: OPEC’s share in India’s crude oil imports edged up in 2024, rising for the first time in nine years,...

Published 17 Jan, 2025 02:04pm

Energy

India’s IOC buys Middle East, African oil to replace Russian supply

SINGAPORE/NEW DELHI: Indian Oil Corp (IOC), the country’s top refiner, has bought 7 million barrels of spot Middle...

Published 17 Jan, 2025 12:20pm

Energy

Oil falls as halt to Houthi’s shipping attacks expected

HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red...

Published 17 Jan, 2025 02:56am

Energy

Race to renewables: Attock Cement commissions 4.8MW windmill project

As Pakistan’s corporate sector increasingly turns to renewable energy to meet its power needs, Attock Cement became...

Updated 16 Jan, 2025 12:48pm

Energy

Qatar hikes March al-Shaheen oil term price to over 2-year high

SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in March, trade sources said on...

Published 16 Jan, 2025 12:04pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Jan 22 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.95 ▲ 0.85 (10.49%)
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Flying Cement / Jan 22 Flying Cement Company Limited(FLYNG)	27.54 ▲ 2.50 (9.98%)
Popular Islamic / Jan 22 Popular Islamic Modaraba(PIM)	12.59 ▲ 1.06 (9.19%)
Shadman Cotton / Jan 22 Shadman Cotton Mills Limited(SHCM)	34.70 ▲ 2.90 (9.12%)
Calcorp Ltd / Jan 22 Calcorp Limited(CASH)	36 ▲ 3.00 (9.09%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.11 ▼ -0.89 (-14.83%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.28 ▼ -0.78 (-9.68%)
Sindh Abadgar / Jan 22 Sindh Abadgar's Sugar Mills Limited(SASML)	37.11 ▼ -3.89 (-9.49%)
Supernet Tech. / Jan 22 Supernet Technologies Limited(STL)	850.10 ▼ -76.81 (-8.29%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	56.98 ▼ -4.92 (-7.95%)
Suhail Jute / Jan 22 Suhail Jute Mills Limited(SUHJ)	105 ▼ -8.47 (-7.46%)
Mandviwala / Jan 22 Mandviwala Mauser Plastic Industries(MWMP)	21.25 ▼ -1.70 (-7.41%)
Pak Gulf Leasing / Jan 22 Pak-Gulf Leasing Company Limited(PGLC)	21.10 ▼ -1.54 (-6.80%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.07
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.22
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.03
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 2.75
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 2.93
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.11
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.94
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.19
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.11

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