News stories for Mushtaq Ghumman

Mushtaq Ghumman

To be applicable from July 1, 2023: Govt set to approve transition of LIBOR to ‘SOFR’

ISLAMABAD: The government is all set to approve transition of London Interbank Offer Rate (LIBOR) to Secured Over...

Updated 19 Sep, 2023 09:10am

Business & Finance

PSM employees: ECC may approve Rs1.244bn for payment of salaries

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve an amount of Rs 1.244...

Updated 19 Sep, 2023 09:43am

CPEC power plants: Sinosure demands govt make payments

ISLAMABAD: China Export & Credit Insurance Corporation (Sinosure) has warned the GoP on not honouring its...

Updated 18 Sep, 2023 09:45am

Future of Discos: Govt advised to take stakeholders into confidence

Annual financial loss of Discos is around Rs 600 billion on account of losses and under recovery

Updated 18 Sep, 2023 10:29am

EU likely to extend GSP facility for another four years

ISLAMABAD: The European Union (EU) is likely to extend existing Pakistan’s GSP (Generalized System of Preferences)...

Updated 18 Sep, 2023 08:46am

Supply from Jhimpir Wind Farm to go down: KE seeks 60 MMCFD more gas to operate BQPS-II

ISLAMABAD: K-Electric has sought an additional 60 MMCFD gas to operate its BQPS-II for 45 days on gas instead of...

Updated 17 Sep, 2023 07:01pm

Economic stabilization: Steps yielding positive results, says Shamshad

Discussion with IMF to control expenditure is under way, adds the caretaker minister

Updated 16 Sep, 2023 03:57pm

Dasu transmission line contract given clean chit by World Bank

ISLAMABAD: The World Bank (WB) Pakistan has termed contract of 765-Kv Dasu Transmission Line Project transparent ...

Updated 16 Sep, 2023 09:08am

Business & Finance

Talks under way with WB, ADB to sort out issues pertaining to Discos, says energy minister

ISLAMABAD: Caretaker Minister for Energy, Muhammad Ali said on Friday that Power Division is in discussions with the...

Updated 16 Sep, 2023 09:28am

Pakistan

NAB seeks information from PD against ex-MD NTDC

ISLAMABAD: National Accountability Bureau (NAB) has sought information from Power Division against former acting...

Published 15 Sep, 2023 06:32am

24 spot cargoes: PLL seeks exemption from PPRA conditions

ISLAMABAD: Pakistan LNG Ltd (PLL) has sought exemption from applicability of PPRA conditions to procure ...

Updated 15 Sep, 2023 08:07am

Award of ‘dubious’ contract to German firm: Senate panel accuses World Bank official and power secretary of ‘conniving’ with NTDC

ISLAMABAD: The Senate Standing Committee on Power on Thursday accused Country Director World Bank, Najy Benhassine,...

Updated 15 Sep, 2023 09:50am

RfP for solar PV project: PPIB seeks revision in indexation, adjustment formula

ISLAMABAD: The Private Power Infrastructure Board (PPIB) has sought revision in indexation/adjustment formula,...

Updated 15 Sep, 2023 09:53am

Ministry begins interviews for positions of trade officers

ISLAMABAD: Commerce Ministry has started interviewing applicants for positions of trade and investment officers in...

Updated 14 Sep, 2023 08:56am

ECC advocates beleaguered PIA’s sell-off

Economic Coordination Committee directs that emphasis should be given to PIACL’s privatisation instead of restructuring as the national flag-carrier is on active list of privatisation

Updated 14 Sep, 2023 11:31am

Banks and FIs: MoF to do away with direct credit lines

ISLAMABAD: The Finance Ministry has reportedly decided to do away with direct credit lines from banks/financial...

Updated 14 Sep, 2023 09:09am

Markets

Nepra grills CEOs of Discos for inflated electricity bills

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday grilled Chief Executive Officers (CEOs)...

Updated 13 Sep, 2023 09:12am

Suddenly airport outsourcing plans put on ice

Federal cabinet reportedly puts outsourcing on ice till clearance by Steering Committee headed by Finance Minister

Updated 13 Sep, 2023 10:20am

PPIB extends LoI of Mahl HHP to Dec 31, 2024

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has extended Letter of Interest (LoI) of 640-MW Mahl...

Updated 13 Sep, 2023 09:25am

MoE advocates supply of RLNG to bulk consumers

ISLAMABAD: Ministry of Energy (MoE) has proposed supply of Re-gasified Liquefied Natural Gas (RLNG) to bulk...

Updated 13 Sep, 2023 09:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.81
USD PKR Interbank Buying / Jan 9	278.61
USD to Japanese Yen / Jan 9	158.16
USD to Swiss Franc / Jan 9	0.91
Pound Sterling to USD / Jan 9	1.23
Euro to USD / Jan 9	1.03

Stock	Volume
S&P 500 / Jan 9	5,918.25
India Sensex / Jan 9	77,620.21
Tokyo Nikkei / Jan 9	39,605.09
Nasdaq / Jan 9	19,478.88
Hang Seng / Jan 9	19,240.89
FTSE 100 / Jan 9	8,319.69
Dow Jones / Jan 9	42,635.20
Germany DAX 30 / Jan 9	20,317.10

Item	Value
Crude Oil USD/Barrel / Jan 9	73.92
Karachi Cotton PKR/37.32 KG / Jan 9	18,785
Gold 10 Grams PKR / Jan 9	237,483
Gold Spot USD/Ounce / Jan 9	2,690.80
Cotton US¢/pound / Jan 9	68.50
Petrol/Litre / Jan 10	252.66

Gainers
Losers
Leaders

Stock	Price
Next Capital / Jan 9 Next Capital Limited(NEXT)	10.49 ▲ 1.00 (10.54%)
Ahmad Hassan / Jan 9 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Dadex Eternit / Jan 9 Dadex Eternit Limited(DADX)	64 ▲ 5.82 (10.00%)
Dawood Lawrencepur / Jan 9 Dawood Lawrencepur Limited(DLL)	325.73 ▲ 29.61 (10.00%)
D.M. Textile / Jan 9 D.M. Textile Mills Limited(DMTX)	66.64 ▲ 6.06 (10.00%)
JDW Sugar / Jan 9 JDW Sugar Mills Limited(JDWS)	995.45 ▲ 90.50 (10.00%)
Matco Foods Ltd / Jan 9 Matco Foods Limited(MFL)	48.59 ▲ 4.40 (9.96%)
Baba Farid Sugar / Jan 9 Baba Farid Sugar Mills Limited(BAFS)	48 ▲ 3.90 (8.84%)
Asim Textile / Jan 9 Asim Textile Mills Limited(ASTM)	16.42 ▲ 1.31 (8.67%)

Stock	Price
Cresent Jute / Jan 9 Crescent Jute Products Limited(CJPL)	4.81 ▼ -0.58 (-10.76%)
F.Credit & Inv / Jan 9 First Credit and Investment Bank Limited(FCIBL)	6.85 ▼ -0.79 (-10.34%)
Ali Asghar / Jan 9 Ali Asghar Textile Mills Limited(AATM)	70.94 ▼ -7.88 (-10.00%)
Air Link Com. / Jan 9 Air Link Communication Limited(AIRLINK)	191.54 ▼ -21.28 (-10.00%)
Liven Pharma / Jan 9 Liven Pharma Limited(LIVEN)	160.68 ▼ -17.85 (-10.00%)
Power Cem(Pref) / Jan 9 Power Cement (Pref)(POWERPS)	11.25 ▼ -1.25 (-10.00%)
Suhail Jute / Jan 9 Suhail Jute Mills Limited(SUHJ)	140.74 ▼ -15.64 (-10.00%)
Chakwal Spinning / Jan 9 Chakwal Spinning Mills Limited(CWSM)	61.70 ▼ -6.85 (-9.99%)
Frontier Ceram / Jan 9 Frontier Ceramics Limited(FRCL)	21.81 ▼ -2.42 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 9 Worldcall Telecom Limited(WTL)	520,199,852 ▼ -0.01
K-Electric Ltd. / Jan 9 K-Electric Limited(KEL)	48,176,163 ▼ -0.07
Cnergyico PK / Jan 9 Cnergyico PK Limited(CNERGY)	41,301,063 ▼ -0.31
Fauji Foods Ltd / Jan 9 Fauji Foods Limited(FFL)	34,830,810 ▼ -1.04
Sui South Gas / Jan 9 Sui Southern Gas Company Limited(SSGC)	27,158,451 ▼ -1.88
Pak Refinery / Jan 9 Pakistan Refinery Limited(PRL)	24,532,091 ▼ -1.53
Pak Elektron / Jan 9 Pak Elektron Limited(PAEL)	23,028,613 ▼ -0.87
Lotte Chemical / Jan 9 Lotte Chemical Pakistan Limited(LOTCHEM)	19,891,091 ▲ 0.34
B.O.Punjab / Jan 9 The Bank of Punjab(BOP)	19,667,050 ▼ -0.02

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