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energy sector

Energy sector experts say ‘solar tax is not a hoax’

LAHORE: The energy sector experts have feared that the solar tax was not a hoax. Rather, it was a litmus check to...

Published 02 May, 2024 04:58am

Markets

Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24

Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,...

Updated 25 Apr, 2024 09:06pm

Ahead of PM’s visit to KSA: SIFC ‘striving’ to resolve KE’s issues

ISLAMABAD: The Special Investment Facilitation Council (SIFC) is reportedly endeavouring to find ways to resolve...

Updated 24 Apr, 2024 09:02am

Editorials

The energy conundrum

EDITORIAL: The mismanagement and irrational decision-making in the energy sector is making the industrial sector...

Published 22 Apr, 2024 04:39am

Opinion

Powering Pakistan: Transforming energy distribution for economic prosperity

In Pakistan, the energy sector stands as both a pillar of progress and a stumbling block to prosperity. At the heart...

Published 20 Apr, 2024 04:18am

Markets

Energy sector: Pakistan should implement broad-based structural reforms

ISLAMABAD: Pakistan has to bring and strictly implement broad-based structural reforms in the energy sector to get...

Published 20 Apr, 2024 04:18am

Opinion

Ending hopium — III

The energy sector needs significant investment in refinery, petrochemical, oil and gas storages and transmission...

Published 19 Apr, 2024 05:07am

Opinion

The upcoming budget

According to a Business Recorder news item, Prime Minister Shehbaz Sharif has constituted an 11-member ministerial...

Published 19 Apr, 2024 05:07am

BR Research

Circular debt mystery: What is the real number?

If it had not been for the World Bank Pakistan Development Update, the common folk would have continued guessing the...

Published 08 Apr, 2024 08:00am

Opinion

The grid and energy sustainability

In the ambitious quest for a sustainable future, the conversation about energy often revolves around the creation of...

Published 05 Apr, 2024 04:50am

Editorials

The energy sector mess

EDITORIAL: That the energy sector is in a mess and is dragging the already low productivity of the manufacturing...

Published 01 Apr, 2024 05:34am

Markets

Minister invites investment in Sindh energy sector

KARACHI: Provincial Minister of Energy, Development and Planning Syed Nasir Hussain Shah has said that there are ...

Published 28 Mar, 2024 05:47am

Ban on unions in energy cos: PSI seeks ILO’s intervention

ISLAMABAD: The government is facing troublesome situation with respect to ban on unions in energy sector companies...

Updated 26 Mar, 2024 09:45am

Markets

Power sector woes: PM Shehbaz assigns tasks to ministries

Wants them completed in 1-3 months

Updated 25 Mar, 2024 10:23pm

Power, gas theft: FIA asked to launch ‘massive’ crackdown

ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday directed the Federal Investigation Agency (FIA) to launch a...

Updated 22 Mar, 2024 09:44am

RE projects: PPIB willing to alter draft pact with Saudi Arabia

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has expressed willingness to alter draft framework...

Updated 15 Mar, 2024 09:15am

Economic indicators, other related matters: IMF team takes stock

Discusses Pakistan’s overall macro-economic indicators and efforts on fiscal consolidation

Updated 15 Mar, 2024 09:59am

SBA talks: Govt to have little ‘manoeuvrability’ to cut utility prices

ISLAMABAD: The government will have little, if any, maneuverability to reduce utility prices during the second...

Updated 13 Mar, 2024 12:30pm

Tight gas, undersea oil and gas reserves: PM speaks of criticality of investment

Prime Minister Shehbaz Sharif directs to provide all kinds of facilities to private sector and local and foreign investors in oil and gas discovery

Updated 12 Mar, 2024 04:52pm

Markets

SSGC incurs massive loss of Rs9.3bn in 6MFY23

After much delay, Sui Southern Gas Company (SSGC) made public its accounts for the first half of fiscal year 2022-23...

Updated 11 Mar, 2024 10:54pm

Business & Finance

‘FPCCI to take up KP’s energy issues with Centre’

PESHAWAR: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Atif Ikram Sheikh said...

Updated 11 Mar, 2024 09:58am

Editorials

SOS from APTMA

EDITORIAL: All Pakistan Textile Mills Association (APTMA) has raised a very loud, very serious red flag, warning the...

Published 11 Mar, 2024 04:45am

Markets

Cnergyico Pk anticipates investment of over $1bn in refinery upgradation

Cnergyico Pk Limited, formerly known as Byco Petroleum Pakistan Limited, sees its anticipated investment at over $1...

Updated 08 Mar, 2024 11:31pm

Markets

Energy sector: Khaqan for immediate implementation of privatisation agenda

ISLAMABAD: Former prime minister Shahid Khaqan Abbasi has strongly urged the government to urgently implement the...

Published 07 Mar, 2024 04:59am

BR Research

Nepra: ghosts of the report past

A collective effort is needed to bring stability to real sectors of the economy, as policymaking relies on clarity...

Published 06 Mar, 2024 06:52am

Business & Finance

BMP for joint efforts to deal with economic challenges

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the...

Published 04 Mar, 2024 04:15am

Opinion

Rescuing Pakistan

For over three decades, Pakistan’s energy sector has grappled with the persistent issue of circular debt, casting a...

Updated 02 Mar, 2024 04:38am

Markets

OGDCL inaugurates ‘Digital Drilling Hub’

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) on Wednesday inaugurated the country’s premier...

Published 29 Feb, 2024 04:41am

Energy sector revolving debt has reached Rs5,422bn: minister

ISLAMABAD: Caretaker Energy Minister Muhammad Ali on Tuesday said that total revolving debt of the energy sector is...

Updated 28 Feb, 2024 10:12am

Markets

PPL’s earnings jump 44%, clock in at Rs69.8bn in 1HFY24

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the county, saw its profit-after-tax (PAT) jump...

Updated 26 Feb, 2024 10:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
India Sensex / May 3	74412.88
Hang Seng / May 3	18417.07
FTSE 100 / May 3	8208.23
Germany DAX 30 / May 3	17993.66

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Petrol/Litre / May 3	288.49
Crude Oil USD/Barrel / May 3	79.12
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2308.69
Diesel/Litre / May 3	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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