News stories for Mushtaq Ghumman

Mushtaq Ghumman

Pakistan

US envoy to visit Karachi, Thatta on 22nd

ISLAMABAD: US Ambassador to Pakistan Donald Blome along with a team of embassy officials will visit Karachi and...

Published 21 May, 2023 04:00am

Proposed policy: Local refineries: Finance Div for adequate tariff protection

ISLAMABAD: Finance Division has proposed that tariff protection enjoyed by the existing refineries in neighbouring...

Updated 21 May, 2023 09:33am

Hydropower, water projects: Ministry agrees to allocate Rs100bn as IBC

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives (MPD&SI) has agreed to allocate Rs 100...

Updated 20 May, 2023 08:54am

Rs1.25/unit hike in consumer tariff also sought: KP govt urges Centre to clear Rs62bn NHP dues

ISLAMABAD: Khyber Pakhtunkhwa (KP) government has asked the federal government to announce second interim...

Updated 20 May, 2023 08:58am

Business & Finance

Discos, KE seek positive adjustment in FCA for April

ISLAMABAD: The Power Distribution Companies (Discos) and K-Electric have sought positive adjustment of Rs 2 per unit...

Published 20 May, 2023 05:59am

Supply of gas, other heads: Rs50bn spent on PSM since its shutdown

ISLAMABAD: The federal government has spent about Rs 50 billion on Pakistan Steel Mills (PSM) since it shut down its...

Updated 19 May, 2023 09:14am

Business & Finance

Tariff relief: AEDB urges govt to hold talks with DFC’s 5 wind power projects

ISLAMABAD: The Alternative Energy Development Board (AEDB) has proposed to the government to start negotiations with...

Published 19 May, 2023 06:17am

PD’s FY24 uplift projects: Rs50bn indicative budget ceilings approved

The Ministry of Planning, Development and Special Initiatives advises Power Division to adjust its prioritized projects

Updated 19 May, 2023 09:01am

Foreign investment promotion: MoEA to prioritise countries for holding various joint commissions

ISLAMABAD: Ministry of Economic Affairs has decided to prioritise countries for holding Joint Commissions (JCs),...

Updated 19 May, 2023 09:15am

Subsidy availed under ZRI scheme: Finance Division proposes industries’ forensic audit

ISLAMABAD: The Finance Division has proposed forensic audit of industries which availed subsidy under Zero Rated...

Updated 18 May, 2023 09:34am

Non-determination of tariff by Nepra: Kapco threatens to invoke sovereign guarantee

ISLAMABAD: M/s Kot Addu Power Company Limited (Kapco) is said to have threatened to invoke sovereign guarantee if...

Updated 18 May, 2023 09:37am

Chancery building in Washington: Cabinet approves $7.1m sale price

ISLAMABAD: The Federal Cabinet has approved $ 7.1 million or higher negotiated sale price of Chancery Building in...

Updated 17 May, 2023 09:07am

$2bn Saudi deposits: Pakistan to pay 4pc annual profit

Saudi Arabia had agreed to deposit amount to meet one of the preconditions of the IMF

Updated 17 May, 2023 10:35am

Power sector subsidy: Finance shows willingness to allocate Rs450bn

ISLAMABAD: Finance Division has reportedly shown willingness to allocate Rs 450 billion for power sector subsidy in...

Updated 17 May, 2023 09:10am

Pakistan

Pakistan, Azerbaijan to hold third round of BPCs on 30th

ISLAMABAD: Pakistan and Azerbaijan to hold third round of Bilateral Political Consultations (BPCs) on May 30-June 1,...

Published 16 May, 2023 03:23am

Markets

Dismal performance: Top brass of Sepco, Hesco grilled by Nepra

ISLAMABAD: The National Electric Power Regulator Authority (Nepra) on Monday quizzed the top brass of Sukkur ...

Published 16 May, 2023 03:23am

$42.3m of WB disbursement: ECC approves Rs7.84bn TSG as rupee cover

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Technical Supplementary Grant (TSG)...

Updated 16 May, 2023 09:13am

ECC struggles to lower prices of essentials

Pakistan Bureau of Statistics (PBS) suggests measures required to be taken to lower inflation in the country

Updated 15 May, 2023 09:05am

Delay in Gharo transmission line irks IPPs

ISLAMABAD: Three Wind Independent Power Producers (IPPs) have expressed concern at the delay in completion of...

Updated 15 May, 2023 08:58am

Five DFC wind power projects: US says no new investment till tariff settlement

ISLAMABAD: The United States has categorically conveyed to Islamabad not to expect any investment from US...

Updated 15 May, 2023 08:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	158.39
USD to Swiss Franc / Jan 10	0.91
Pound Sterling to USD / Jan 10	1.23
Euro to USD / Jan 10	1.03

Stock	Volume
S&P 500 / Jan 9	5,918.25
Nasdaq / Jan 9	19,478.88
Dow Jones / Jan 9	42,635.20
India Sensex / Jan 10	77,645.98
Tokyo Nikkei / Jan 10	39,265.97
Hang Seng / Jan 10	19,069.63
FTSE 100 / Jan 10	8,317.44
Germany DAX 30 / Jan 10	20,333.83

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	74.32
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,674.40
Cotton US¢/pound / Jan 10	68.55
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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