News stories for Mushtaq Ghumman

Mushtaq Ghumman

Private sector’s participation in Discos: IFC in talks with Power Division

CCoP directs the Privatisation Commission to lead the process of offering the Discos through long-term concession with support from the Power Division

Updated 24 Mar, 2024 05:09pm

Business & Finance

Boards of Discos: Power Division fails to discourage ‘conflict of interest’

ISLAMABAD: The Power Division has reportedly failed to discourage ‘conflict of interest’ in Boards of power...

Updated 23 Mar, 2024 05:15pm

Livestock, sugar, other commodities: Ban on export proposed by Jam

ISLAMABAD: Minister for Commerce, Jam Kamal has proposed imposition of complete ban on export of livestock, sugar,...

Updated 23 Mar, 2024 10:11am

Business & Finance

MoC asked to expedite Pak-Turkmenistan TTA

ISLAMABAD: Economic Affairs Division (EAD) has asked Ministry of Commerce (MoC) to expedite signing of Transit Trade...

Published 23 Mar, 2024 05:41am

Today MoF going to embark upon budgetary works

ISLAMABAD: The Ministry of Finance (MoF) is all set to start Demand Review Committee/Priority Committee meeting from...

Updated 22 Mar, 2024 08:32am

Fiscal deficit: OICCI submits proposals to Aurangzeb

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted proposals to the government...

Updated 22 Mar, 2024 09:46am

MYT components and other adjustments: Six Discos seek Rs5 raise in tariff

ISLAMABAD: Six power Distribution Companies (Discos) have sought increase in tariff of about Rs5 to recover about...

Updated 22 Mar, 2024 08:33am

NEECA issues energy conservation building code

ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) has issued Energy Conservation Building...

Updated 21 Mar, 2024 09:55am

Revenue requirements for gas companies; PM directs third-party forensic analysis

ISLAMABAD: Prime Minister Shehbaz Sharif has ordered a third-party forensic analysis of revenue requirements for Sui...

Updated 21 Mar, 2024 08:40am

Discos’ petitions for 2024-25: IMF asks PD to continue tariff rebasing on time

ISLAMABAD: The International Monetary Fund (IMF) has asked Power Division to continue tariff rebasing on time for...

Updated 21 Mar, 2024 09:58am

APTMA shares ‘policy roadmap’ with minister Jam

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has shared a policy road-map with newly-appointed Commerce...

Updated 20 Mar, 2024 11:58am

Govt yet to firm up strategy to overcome electricity challenge

ISLAMABAD: The federal government is yet to firm up a strategy to deal with the prevailing power sector crises with...

Updated 20 Mar, 2024 08:44am

Coal shortage period: Chinese may be allowed to declare OFME

This understanding will be part of minutes of next Energy Planning Expert Panel (EPEP) of China Pakistan Economic Corridor

Updated 19 Mar, 2024 09:50am

ADB approves $250m for two power transmission projects

ISLAMABAD: Asian Development Bank (ABD) is to extend financing of $ 250 million for two power sector transmission...

Updated 19 Mar, 2024 09:20am

Discos’ tariffs for February: CPPA-G seeks Rs5 per unit positive adjustment

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought a positive adjustment of Rs5 per unit...

Updated 19 Mar, 2024 10:49am

PSO says LNG business ‘bleeding’ its resources

ISLAMABAD: Pakistan State Oil (PSO) has claimed that LNG (Liquefied Natural Gas) business is bleeding its financial...

Updated 19 Mar, 2024 09:20am

330MW Mine-Mouth Project at Thar coal fields: PPIB seeks update from KE on buying process

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has urged K-Electric (KE) to share update on initiation...

Updated 18 Mar, 2024 09:51am

Foreign investment: Ministry under pressure to open up insurance sector

SECP Chairman Akif Saeed says that draft Insurance Ordinance had been shared with the Ministry of Commerce

Updated 18 Mar, 2024 09:53am

Brownfield Refinery Policy: PM for arranging signing ceremony of refinery upgrade agreements

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum Division to arrange signing ceremony of refinery...

Updated 18 Mar, 2024 08:55am

MYT mechanism: Three Discos’ average base tariff jacked up for 5 years

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased average base tariff of three power...

Updated 17 Mar, 2024 09:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Karachi Cotton PKR/37.32 KG / Jan 3	18,285
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Petrol/Litre / Jan 4	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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