News stories for Mushtaq Ghumman

Mushtaq Ghumman

Business & Finance

Host Country Approval in favour of new investor in sight: PPIB

ISLAMABAD: The government is to extend Host Country Approval to amended guarantee coverage in favour of new investor...

Updated 16 Oct, 2024 08:06am

Failure to clear power sector receivables: Fearing credit loss, CPPA-G seeks extension of IFRS-9 exemption

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought three years’ extension in exemption on...

Updated 15 Oct, 2024 03:29pm

To be shared with IMF: MoF asks ministries to submit 17 SOEs’ makeover plans

ISLAMABAD: The Ministry of Finance has sought restructuring/business plans of 17 State Owned Entities (SOEs) from...

Updated 15 Oct, 2024 02:50pm

Govt stops payments to 18 IPPs ahead of negotiations?

ISLAMABAD: The government is said to have stopped payments to 18 Independent Power Producers (IPPs) of 4,267-MW...

Updated 14 Oct, 2024 03:17pm

Govt decides to divide NTDC into two entities

ISLAMABAD: Acknowledging ‘extreme incompetence’ in National Transmission and Despatch Company (NTDC), the federal...

Updated 14 Oct, 2024 03:18pm

Complaints against bureaucracy: cell made to facilitate NAB

ISLAMABAD: The Establishment Division (ED) has set up an Accountability Facilitation Cell (AFC) to facilitate...

Updated 14 Oct, 2024 03:18pm

Anti-corruption initiative faces setback: FIA allegedly starts colluding with Discos’ officials

ISLAMABAD: The government’s initiative to combat corruption in power Distribution Companies (Discos) by appointing...

Updated 13 Oct, 2024 09:40am

Thar coalfield phase-II: Sindh govt sounds alarm over delay in financial close

ISLAMABAD: The Sindh government has conveyed its concerns to Islamabad on possible financial implications of delay...

Updated 13 Oct, 2024 09:45am

Business & Finance

Speakers advocates for balanced energy mix

ISLAMABAD: While acknowledging the past mistakes of successive governments, speakers at a seminar advocated for a...

Published 12 Oct, 2024 06:50am

Business & Finance

PSMA election dispute lands in DGTO/ SECP

ISLAMABAD: The dispute of election of Central Chairman of Pakistan Sugar Mills Association (PSMA) for 2024-26 has...

Published 12 Oct, 2024 06:47am

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

Subsidies to BISP recipients: Ministry seeks PD’s help to get consumers’ data from KE

ISLAMABAD: Ministry of Poverty Alleviation and Social Safety (MPA&SS) has sought Power Division’s support to get...

Updated 12 Oct, 2024 08:59am

Awais praises army chief’s supportive role

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari, on Thursday expressed gratitude to Army Chief...

Updated 11 Oct, 2024 02:24pm

Refined POL items and solar power: Chinese team to explore deals with PD today

China Asia Economic Development Association expected to invest up to $13 billion in a Free Trade Zone in Pakistan over the next five years

Updated 10 Oct, 2024 11:51am

RMB, FDI, export-oriented enterprises: GFZ may be granted exemption to initiate pilot project

ISLAMABAD: The government is likely to exempt Gwadar Free Zone (GFZ) from Import and Export Order and Foreign...

Updated 10 Oct, 2024 09:11am

ISMO: CCoE approves proposal by power division

ISLAMABAD: The Cabinet Committee on Energy (CCoE), headed by the Prime Minister, has approved the along-awaited...

Updated 10 Oct, 2024 09:13am

Business & Finance

Directives regarding TDAP board member: Senate panel to refer MoC’s defiance matter to body

ISLAMABAD: The Senate Standing Committee on Commerce on Tuesday unanimously decided to refer the matter of ...

Published 09 Oct, 2024 06:26am

32 top Saudi cos’ team due today

Pakistan estimates investment of up to $15-20 billion from Saudi Arabia in different sectors/fields including purchase of public sector entities or share purchase

Updated 09 Oct, 2024 10:26am

Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

Government shows willingness to pay previous capacity dues of five IPPs

Updated 08 Oct, 2024 09:29am

CPEC power projects: All set to ink $16bn debt re-profiling pacts during Li’s visit

Government of Pakistan (GoP) has proposed debt reprofiling for CPEC projects under a win-win arrangement

Updated 08 Oct, 2024 01:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 29	278.93
USD PKR Interbank Buying / Jan 29	278.73
USD to Japanese Yen / Jan 29	154.51
USD to Swiss Franc / Jan 29	0.91
Pound Sterling to USD / Jan 29	1.25
Euro to USD / Jan 29	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
India Sensex / Jan 29	76,532.96
Tokyo Nikkei / Jan 29	39,550.38
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,557.81
Dow Jones / Jan 29	44,713.52
Germany DAX 30 / Jan 29	21,637.53

Item	Value
Crude Oil USD/Barrel / Jan 29	72.65
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Gold Spot USD/Ounce / Jan 29	2,761.89
Cotton US¢/pound / Jan 29	66.56
Petrol/Litre / Jan 30	256.13

Gainers
Losers
Leaders

Stock	Price
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Leather Up Ltd. / Jan 30 Leather Up Limited(LEUL)	48.85 ▲ 4.44 (10%)
Sanghar Sugar / Jan 30 Sanghar Sugar Mills Limited(SANSM)	33.76 ▲ 3.07 (10%)
Supernet Ltd. / Jan 30 Supernet Limited (GEM)(GEMSPNL)	21.78 ▲ 1.98 (10%)
J.K.Spinning / Jan 30 J.K. Spinning Mills Limited(JKSM)	63.80 ▲ 5.8 (10%)
AL-Noor Sugar / Jan 30 Al-Noor Sugar Mills Limited(ALNRS)	85.79 ▲ 7.79 (9.99%)
Saritow Spinning / Jan 30 Saritow Spinning Mills Limited(SSML)	16.29 ▲ 1.48 (9.99%)
Noon Sugar / Jan 30 Noon Sugar Mills Limited(NONS)	74.79 ▲ 6.79 (9.99%)
Jauharabad Sug / Jan 30 Jauharabad Sugar Mills Limited(JSML)	24.02 ▲ 2.18 (9.98%)

Stock	Price
S.G.Power / Jan 30 S.G. Power Limited(SGPL)	7.95 ▼ -0.93 (-10.47%)
Shahtaj Sugar / Jan 30 Shahtaj Sugar Mills Limited(SHJS)	103.37 ▼ -11.48 (-10%)
Premier Sugar / Jan 30 The Premier Sugar Mills(PMRS)	359.58 ▼ -39.95 (-10%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.27 ▼ -1.47 (-9.97%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.50 ▼ -4.89 (-9.7%)
Chashma / Jan 30 Chashma Sugar Mills Limited(CHAS)	66.25 ▼ -7.06 (-9.63%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.11 ▼ -2.75 (-9.53%)
Nazir Cotton Mills / Jan 30 Nazir Cotton Mills Limited(NCML)	11.01 ▼ -0.99 (-8.25%)
Pakistan Services / Jan 30 Pakistan Services Limited(PSEL)	865.02 ▼ -76.75 (-8.15%)

Stock	Volume
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.08
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.02
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 0.94
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -2
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	15,998,837 ▲ 1
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.2
Fauji Foods Ltd / Jan 30 Fauji Foods Limited(FFL)	12,818,739 ▲ 0.04
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	11,695,375 ▲ 0.22

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