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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 an uninterrupted gas supply to domestic...

Published 27 Dec, 2024 10:35am

Energy

Oil prices set for weekly gain on China stimulus optimism

Oil prices were little changed on Friday but were set for a weekly rise amid optimism that economic stimulus efforts...

Updated 27 Dec, 2024 11:50am

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 26	157.65
USD to Swiss Franc / Dec 26	0.90
Pound Sterling to USD / Dec 26	1.25
Euro to USD / Dec 26	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
FTSE 100 / Dec 24	8,136.99
France CAC40 / Dec 24	7,282.69
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)
Shams Textile / Dec 27 Shams Textile Mills Limited(STML)	28.68 ▲ 2.57 (9.84%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Sardar Chemical / Dec 27 Sardar Chemical Industries Limited(SARC)	33.04 ▼ -3.63 (-9.90%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Kohinoor Mills / Dec 27 Kohinoor Mills Limited(KML)	29.50 ▼ -2.53 (-7.90%)
B.R.R. Guardian / Dec 27 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.77 (-7.77%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.34
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.72
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.07
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,578,068 ▲ 0.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	24,568,564 ▲ 0.32
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,455,646 ▲ 0.94
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.05
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	17,934,003 ▼ -0.06

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