News stories for Mushtaq Ghumman

Mushtaq Ghumman

NTMP-1: World Bank not happy with progress

ISLAMABAD: The World Bank (WB) has warned National Transmission and Despatch Company (NTDC) that progress on...

Updated 28 Oct, 2023 04:31pm

Business & Finance

Solar power PV project: Pakistan organises roadshow in Dubai

ISLAMABAD: Pakistan has organized a roadshow in Dubai to attract investors for 600 MWp solar power PV project at Kot...

Updated 27 Oct, 2023 09:41am

Conversion of PKR into USD: PPIB conveys its reservations regarding IPPs to SBP

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has conveyed its reservations with respect to power...

Updated 27 Oct, 2023 09:24am

IMF staff-level talks to start from Nov 2

ISLAMABAD: Ministry of Finance (MoF) has finalised its directions on negotiations related to the on-going IMF...

Updated 27 Oct, 2023 08:48am

Industrial consumers: Three options tailored for ‘winter package’

ISLAMABAD: Power Division has tailored three options for country-wide four months (November 2023 to February 29,...

Updated 26 Oct, 2023 08:45am

Hundreds of uplift projects face the axe

These also include non-starter projects

Updated 26 Oct, 2023 09:53am

Chairman for engaging with Chinese SOEs to help revive PSM

ISLAMABAD: Chairman Pakistan Steel Mills (PSM) Aamir Mumtaz has proposed to the Special Facilitation Investment...

Updated 26 Oct, 2023 08:48am

Proposed power evacuation plan: There’re many ifs and buts

ISLAMABAD: National Transmission and Despatch Company (NTDC) has raised many ‘Ifs’ and ‘buts’ on proposed power...

Updated 25 Oct, 2023 09:32am

CASA-1000, SEZs and other projects: Cash-strapped NTDC submits Rs510bn revised investment plan

ISLAMABAD: The cash-strapped National Transmission Despatch Company (NTDC) has submitted revised three-year, ie,...

Updated 25 Oct, 2023 09:06am

Nepra ‘baffled’ by Discos’ power acquisition programme

ISLAMABAD: The Power Distribution Companies (Discos) combined five-year Power Acquisition Program (PAP) 2022-23 to...

Updated 25 Oct, 2023 09:05am

Markets

470MW Lower Spat Gah Hydropower Project: Nepra is said to have accepted tariff application

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is said to have accepted tariff application of...

Published 24 Oct, 2023 05:05am

MoF to share green bonds, debt swaps plan with SIFC today

ISLAMABAD: Finance Ministry is all set to share its plan on floating of international and domestic green bonds and...

Updated 24 Oct, 2023 09:37am

Business & Finance

SEL seeks refund of $3.5m encashed bank guarantee

ISLAMABAD: M/s Siddiqsons Energy Limited (SEL) has sought refund of encashed bank guarantee proceeds of $ 3.5 ...

Published 24 Oct, 2023 05:05am

Govt braces itself for first review of SBA

All ministries/ divisions and entities share required data with the Finance Division for onward submission to the IMF, before the first review formally starts

Updated 24 Oct, 2023 10:03am

Business & Finance

SBP projects 2-3pc real growth

KARACHI: Pakistan’s economic situation has presented early signs of improvement in the initial months of this...

Published 24 Oct, 2023 05:05am

From Libor to SOFR: DFIs anxiously waiting for transition

10 Development Finance Institutions wait for transition from USD London Interbank Offer Rate to Secured Over Night Financing Rate in Pakistani energy sector

Updated 23 Oct, 2023 10:11am

Nepra warns PR, power cos of action

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has warned legal action against Pakistan...

Updated 22 Oct, 2023 10:27pm

MoFA takes big step to help boost inward FDI flows

A dedicated Economic Diplomacy/SIFC Division at MOFA has been pre-designated from existing resources to act as a focal point between government and foreign entities bringing in investment

Updated 21 Oct, 2023 04:48pm

Rs3bn projects or above: Ministry irked by failure to appoint independent directors

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has shown annoyance at all...

Updated 21 Oct, 2023 09:10am

Different projects/programmes: World Bank for adhering to agreed timelines

ISLAMABAD: Expressing concerns at the delays in different projects/programs, the World Bank has urged the...

Updated 21 Oct, 2023 04:49pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.65
USD PKR Interbank Buying / Jan 9	278.45
USD to Japanese Yen / Jan 9	158.14
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 8	5,918.25
Nasdaq / Jan 8	19,478.88
Dow Jones / Jan 8	42,635.20
India Sensex / Jan 9	77,704.13
Tokyo Nikkei / Jan 9	39,516.87
Hang Seng / Jan 9	19,288.79
FTSE 100 / Jan 9	8,263.49
Germany DAX 30 / Jan 9	20,277.66

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 8	18,285
Gold 10 Grams PKR / Jan 8	237,483
Petrol/Litre / Jan 9	252.66
Crude Oil USD/Barrel / Jan 9	73.16
Gold Spot USD/Ounce / Jan 9	2,659.11
Diesel/Litre / Jan 9	258.34

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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