News stories for Mushtaq Ghumman

Mushtaq Ghumman

Industries: Tariff cut plan requires an IMF nod

ISLAMABAD: The caretaker government has reportedly prepared a plan to reduce industrial tariff by up to 25 percent...

Updated 04 Jan, 2024 09:02am

600MW wind, solar projects: PFREF moves army chief

ISLAMABAD: Pakistan Foreign Renewable Energy Forum (PFREF) has approached Army Chief General Syed Asim Munir for...

Updated 04 Jan, 2024 09:21am

Markets

Q3 QTA mechanism: Nepra approves Rs2.87/unit hike for KE

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved positive adjustment of Rs2.87 per...

Updated 04 Jan, 2024 08:38am

Devolved subjects: SIFC to discuss expenditure-sharing today

ISLAMABAD: Ministry of Finance (MoF) is all set to brief Apex Committee of Special Investment Facilitation Council...

Updated 03 Jan, 2024 09:11am

Business & Finance

Advice received to place anti-aircraft guns at Patrind Power Plant, claims SHPL

ISLAMABAD: Star Hydro Power Limited (SHPL) on Tuesday claimed that the “sensitive quarters” had advised it to...

Published 03 Jan, 2024 05:32am

NTDC supports conversion of Lalpir, Pakgen to Thar coal

ISLAMABAD: National Transmission and Despatch Company (NTDC) has supported conversion of M/s Lalpir (LP) and Pakgen...

Updated 02 Jan, 2024 08:24am

Solar IPPs: Hike in benchmark competitive tariff proposed

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has proposed increase in...

Updated 02 Jan, 2024 08:46am

Country braves blackouts as faults mar Guddu TPH generation

ISLAMABAD: The entire country is facing hours of load shedding due to massive shortfall in generation owing to...

Updated 02 Jan, 2024 09:53am

Provincial projects: inclusion in PSDP banned

Finance Ministry conveys to provincial governments that it is going to shelve hundreds of non-starter projects besides making it mandatory for provinces to share in fertiliser subsidy and BISP funding

Updated 02 Jan, 2024 10:44am

Suki Kinari hydel project: Delay in power evacuation to attract LDs, govt warned

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives (MoPD&SI) has warned the government...

Updated 01 Jan, 2024 09:38am

SIFC wants to know if Aramco’s interest in refinery project persists

AC also directs Petroleum Division to assess investment interest of other parties also in the project

Updated 01 Jan, 2024 12:55pm

Power producers: CPPA-G makes payments prior to year end

The Authority has made payments of Rs 205 billion to different power producers including government-owned power plants

Updated 31 Dec, 2023 07:08pm

Zero-rated industrial consumers: Auto sector opposed to provision of power at ‘special’ rates

ISLAMABAD: The country’s auto sector has opposed the government’s plan to provide electricity at special rates to...

Updated 31 Dec, 2023 07:09pm

Alleged violation of laws: Sacked MD of NTC to face disciplinary proceedings

ISLAMABAD: The sacked Managing Director, National Telecommunication Corporation (NTC) is to face disciplinary...

Updated 30 Dec, 2023 08:53am

Coal procurement process: Lucky Commodities lodges complaint with minister

ISLAMABAD: M/s Lucky Commodities is said to have lodged a complaint with caretaker Minister for Power and Petroleum,...

Updated 30 Dec, 2023 08:18pm

Increase in power sector subsidy: Hamstrung by grim lack of fiscal space, FD says ‘no’

The government has already budgeted Rs 970 billion as power sector subsidy in 2023-24

Updated 21 Dec, 2023 09:58am

‘Energy Hub’: KPT levels accusation against SSGCL

ISLAMABAD: Karachi Port Trust (KPT) has accused Sui Southern Gas Company Limited (SSGCL) of impeding ‘Energy Hub’...

Updated 19 Dec, 2023 10:00am

Long-term contracts: China would talk to elected govt, only

Neighbour is waiting for elected government for new endeavours to strengthen business relations

Updated 19 Dec, 2023 10:43am

Solar power initiative: PD asked to coordinate with SkyPower

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Updated 19 Dec, 2023 09:39am

MoST all set to disband PCRET

ISLAMABAD: The Ministry of Science and Technology (MoST) has prepared a plan to abolish Pakistan Council of...

Updated 18 Dec, 2023 09:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 7	278.70
USD PKR Interbank Buying / Jan 7	278.50
USD to Japanese Yen / Jan 7	157.53
USD to Swiss Franc / Jan 7	0.90
Pound Sterling to USD / Jan 7	1.26
Euro to USD / Jan 7	1.04

Stock	Volume
S&P 500 / Jan 6	5,975.38
Nasdaq / Jan 6	19,864.98
Dow Jones / Jan 6	42,706.56
India Sensex / Jan 7	78,237.48
Tokyo Nikkei / Jan 7	40,083.30
Hang Seng / Jan 7	19,402.37
FTSE 100 / Jan 7	8,213.82
Germany DAX 30 / Jan 7	20,154.11

Item	Value
Gold 10 Grams PKR / Jan 6	234,225
Crude Oil USD/Barrel / Jan 7	73.37
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold Spot USD/Ounce / Jan 7	2,639.74
Cotton US¢/pound / Jan 7	68.94
Petrol/Litre / Jan 8	252.66

Gainers
Losers
Leaders

Stock	Price
F.Credit & Inv / Jan 7 First Credit and Investment Bank Limited(FCIBL)	8.30 ▲ 0.99 (13.54%)
Paramount Mod / Jan 7 First Paramount Modaraba(FPRM)	9.27 ▲ 1.00 (12.09%)
Bilal Fibres / Jan 7 Bilal Fibres Limited(BILF)	16.56 ▲ 1.51 (10.03%)
D.M. Textile / Jan 7 D.M. Textile Mills Limited(DMTX)	55.30 ▲ 5.03 (10.01%)
Shadman Cotton / Jan 7 Shadman Cotton Mills Limited(SHCM)	32.43 ▲ 2.95 (10.01%)
Ahmad Hassan / Jan 7 Ahmad Hassan Textile Mills Limited(AHTM)	54.45 ▲ 4.95 (10.00%)
AN Textile Mill / Jan 7 AN Textile Mills Limited(ANTM)	11.55 ▲ 1.05 (10.00%)
Engro Holdings Ltd / Jan 7 Engro Holdings Limited(ENGROH)	261.71 ▲ 23.79 (10.00%)
Blue-Ex Ltd / Jan 7 Blue-Ex Limited (GEM)(GEMBLUEX)	62.03 ▲ 5.64 (10.00%)

Stock	Price
First Capital Equities / Jan 7 First Capital Equities Limited(FCEL)	6.12 ▼ -0.84 (-12.07%)
Ghani Chem. Ind. / Jan 7 Ghani Chemical Industries Limited(GCIL)	16.17 ▼ -1.80 (-10.02%)
Elahi Cot. / Jan 7 Elahi Cotton Mills Limited(ELCM)	92.70 ▼ -10.30 (-10.00%)
Hallmark Co. / Jan 7 Hallmark Company Limited(HCL)	852.52 ▼ -94.70 (-10.00%)
Karam Ceramics / Jan 7 Karam Ceramics Limited(KCL)	53.55 ▼ -5.95 (-10.00%)
Khairpur Sug. / Jan 7 Khairpur Sugar Mills Limited(KPUS)	147.86 ▼ -16.43 (-10.00%)
Liven Pharma / Jan 7 Liven Pharma Limited(LIVEN)	198.37 ▼ -22.04 (-10.00%)
Pak Gulf Leasing / Jan 7 Pak-Gulf Leasing Company Limited(PGLC)	22.68 ▼ -2.52 (-10.00%)
Suhail Jute / Jan 7 Suhail Jute Mills Limited(SUHJ)	173.76 ▼ -19.31 (-10.00%)

Stock	Volume
Cnergyico PK / Jan 7 Cnergyico PK Limited(CNERGY)	83,169,417 ▼ -0.12
WorldCall Telecom / Jan 7 Worldcall Telecom Limited(WTL)	80,416,802 ▲ 0.05
Fauji Foods Ltd / Jan 7 Fauji Foods Limited(FFL)	47,302,289 ▼ -0.26
K-Electric Ltd. / Jan 7 K-Electric Limited(KEL)	45,667,652 ▲ 0.11
Fast Cables / Jan 7 Fast Cables Limited(FCL)	41,206,673 ▼ -1.25
Pak Refinery / Jan 7 Pakistan Refinery Limited(PRL)	35,279,026 ▼ -2.31
Sui South Gas / Jan 7 Sui Southern Gas Company Limited(SSGC)	33,264,882 ▼ -1.00
Pak Elektron / Jan 7 Pak Elektron Limited(PAEL)	30,582,564 ▲ 0.47
Symmetry Group / Jan 7 Symmetry Group Limited(SYM)	28,673,030 ▼ -0.42

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