News stories for Mushtaq Ghumman

Mushtaq Ghumman

Senate’s recommendations on ‘illegitimate’ payments to IPPs: PD asked to share implementation status

ISLAMABAD: The Power Division has reportedly been asked to share implementation status of Senate’s recommendations...

Updated 10 Sep, 2024 09:21am

Business & Finance

Rs20bn Green Sukuk likely in Dec

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives (MPD&SI) is tailoring a plan to launch...

Updated 10 Sep, 2024 09:28am

Processing industry: MoF seeks mechanism to avoid misuse of gas

ISLAMABAD: Finance Ministry has reportedly sought a mechanism from the Petroleum Division which guarantees that the...

Updated 09 Sep, 2024 09:08am

Settlement of circular debt thru adjustments strong probability

Deputy PM Ishaq Dar directs Petroleum and Power Division to reassess the plan for settlement of circular debt through cash/ non-cash adjustments

Updated 09 Sep, 2024 09:42am

KOEN demands tariffs for its hydel projects under 2015 Policy

ISLAMABAD: Korean company KOEN (Korea-South East Power Company, Ltd) has called on National Electric Power...

Updated 09 Sep, 2024 12:56pm

Electricity arrears: KP to move CCI against deductions at source by MoF

ISLAMABAD: The Khyber Pakhtunkhwa government has decided to take up the issue of at-source deductions of Rs 3.426...

Updated 08 Sep, 2024 09:58am

QTA mechanism: Rs1.75/unit hike approved for Discos, KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase of Rs1.75 per unit in...

Updated 07 Sep, 2024 03:13pm

MoF seeks making KE QTA mechanism in line with other Discos

ISLAMABAD: Ministry of Finance has asked Power Division to explore the possibility of similar mechanism for KE QTA’s...

Updated 07 Sep, 2024 03:08pm

Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs

Govt's experts and officials look to reduce consumer end tariff with deal close to being finalised

Updated 07 Sep, 2024 08:24pm

Markets

BTPL licence application still pending: Nepra directs IESCO to pass on net metering benefit to BT consumers

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has the directed Islamabad Electric Supply...

Published 07 Sep, 2024 06:59am

Nepra backs ISMO for streamlining wholesale electricity market

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has supported establishment of a new organisation to...

Updated 07 Sep, 2024 03:14pm

Markets

IESCO consumers irked by over-billing, flawed AMI technology

ISLAMABAD: Hundreds of consumers of Islamabad Electric Supply Company (IESCO) are at the suffering due to allegedly...

Published 06 Sep, 2024 07:04am

Attacks on grid stations: Govt decides to treat errant KP MPs in a heavy manner

ISLAMABAD: The federal government has decided to take strict action against those provincial lawmakers of...

Updated 06 Sep, 2024 09:25am

FTAs, PTAs: MoC urged to include commercial transactions clause

ISLAMABAD: Senate Standing Committee on Commerce on Thursday urged the Commerce Ministry to include a clause of...

Updated 06 Sep, 2024 09:15am

China, IMF: PM asks MoF to follow key matters up

Ministry of Railways, Planning, and Finance directed to expeditiously finalise negotiations on Karachi-Hyderabad segment of ML-1 project with Chinese authorities

Updated 06 Sep, 2024 09:26am

PD officials quizzed by Nepra on shift to SOFR

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday quizzed officials of Power Division...

Updated 06 Sep, 2024 09:24am

China seeks RMB pilot project at Gwadar Free Zone

ISLAMABAD: China has asked Pakistan to establish RMB internationalization pilot project in Gwadar Free Zone to...

Updated 05 Sep, 2024 08:55am

Govt rightsizing: 33 SOEs to be closed in first phase

Cabinet directs to finalize the implementation plan for the rightsizing of the federal government (Phase-1) within two weeks’ time

Updated 05 Sep, 2024 10:03am

Business & Finance

Ministries, Divs barred from releasing funds for new projects

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has barred ministries/Divisions from...

Updated 04 Sep, 2024 09:14am

Business & Finance

Rs25bn recoveries from trade groups: CPPA-G rejects changes to Nepra determinations

ISLAMABAD: The Central Power Purchasing Agency–Guaranteed (CPPA-G) has opposed any change in determinations of NEPRA...

Updated 04 Sep, 2024 08:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Askari Life Assur. / Dec 26 Askari Life Assurance Company Limited(ALAC)	6.18 ▲ 0.58 (10.36%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Data Agro / Dec 26 Data Agro Limited(DAAG)	132.83 ▲ 12.08 (10.00%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)
Ellcot Spinning / Dec 26 Ellcot Spinning Mills Limited(ELSM)	100 ▼ -9.34 (-8.54%)
Reliance Cotton / Dec 26 Reliance Cotton Spinning Mills Limited(RCML)	650 ▼ -60.29 (-8.49%)
LSE Capital / Dec 26 LSE Capital Limited(LSECL)	5.90 ▼ -0.51 (-7.96%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.07
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	82,033,757 ▲ 1.22
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,683,681 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.66
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.20
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.18
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	27,600,272 ▼ -0.05
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.19
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.14

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