News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Business & Finance

Petrol price hiked by Re1, diesel’s by Rs7

ISLAMABAD: High-speed diesel (HSD) and petrol rates have been increased up to Rs 7 per litre on Friday for the next...

Published 01 Feb, 2025 06:30am

Indigenous gas sale in RLNG areas: SNGPL urges PD to review policy of allowing third parties

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has asked the Petroleum Division that the policy of...

Updated 31 Jan, 2025 03:00pm

USAID pauses funding programmes for Pakistan

ISLAMABAD: The US Agency for International Development (USAID) has paused all funding for programmes in Pakistan...

Updated 29 Jan, 2025 03:34pm

Non-protected domestic categories: Rs100/mmbtu hike balanced with gas utilities’ profits

ISLAMABAD: The federal government has adjusted the proposed Rs100 per mmbtu gas increase for non-protected domestic...

Updated 28 Jan, 2025 09:11am

Domestic consumers spared: Gas made costlier for captive power plants

ECC approves a gas tariff increase from Rs3,000 to Rs3,500 per mmbtu for captive power plants, effective from February 1, 2025

Updated 26 Jan, 2025 10:39am

Pakistan

JUI Senator hits out at CDA for its ‘questionable’ performance

ISLAMABAD: A lawmaker belonging to Jamiat-e-Ulema-e-Islam (JUI) took the federal capital’s civic agency to task in...

Published 23 Jan, 2025 06:14am

Business & Finance

Petrol price hiked by Rs3.47, HSD’s by Rs2.61

ISLAMABAD: Federal government announced on Wednesday a raise in petroleum products prices up to Rs 3.47 per litre ...

Published 16 Jan, 2025 03:04am

Business & Finance

POL products: Ex-depot prices may go up by Rs6.20/litre from 16th

ISLAMABAD: The ex-depot prices of petroleum products are estimated to increase by up to Rs6.20 per litre with effect...

Published 15 Jan, 2025 02:59am

Case against PEL: FHL seeks PD’s support in enforcing SICC ruling

ISLAMABAD: Frontier Holdings Ltd (FHL), a foreign oil and gas exploration company, has requested assistance from the...

Updated 11 Jan, 2025 08:52am

Govt wants to complete PIA privatisation this year

ISLAMABAD: The Pakistani government plans to complete the privatisation of Pakistan International Airlines Company...

Updated 10 Jan, 2025 03:09pm

Downstream oil sector deregulation: OCAC refuses to endorse any future road map

ISLAMABAD: The Oil Companies Advisory Committee (OCAC) has issued a strong statement, asserting that the oil...

Updated 07 Jan, 2025 12:53pm

Business & Finance

Average cost of Platts with incidentals, duty hike HSD price

ISLAMABAD: The price of high-speed diesel (HSD) in Pakistan has increased in the latest price review, according to ...

Updated 02 Jan, 2025 08:09am

Sale of 15pc stake in Reko Diq: Minister says matters will be finalised soon

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik, while talking to media persons, stated that the matters...

Updated 01 Jan, 2025 09:29am

Markets

Alleged 3rd party gas sale: Minster says facts to be shared with media

ISLAMABAD: The petroleum minister has sought detail of alleged third-party sale of gas without a license from the...

Published 01 Jan, 2025 03:03am

Markets

Entire next month: SSGC to curtail supply of gas to power generation by 50pc

ISLAMABAD: The Sui Southern Gas Company (SSGC) has curtailed supply of gas for power generation by 50 percent from...

Published 31 Dec, 2024 06:32am

Two foreign oil, gas firms win arbitration against PEL

ISLAMABAD: Two foreign oil and gas companies Frontier Holdings Limited (“FHL”) and Spud Energy Pty Limited (“SEPL”)...

Updated 23 Dec, 2024 09:50am

Pakistan

PEL inquiry reports: Senate panel puts off briefing on PD proposals

ISLAMABAD: A parliamentary committee on Thursday postponed a briefing on the Ministry of Energy (Petroleum Division)...

Published 20 Dec, 2024 02:43am

Markets

Production bonus terms: Senate panel dismisses OGDCL’s claims

ISLAMABAD: A parliamentary panel on Thursday dismissed claims made by the Oil and Gas Development Company Limited...

Published 20 Dec, 2024 02:43am

Ogra recommends significant hike in gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended a significant hike in gas prices for both gas...

Updated 18 Dec, 2024 08:56am

Markets

Potential increase in petrol prices adjusted by reducing IFEM

ISLAMABAD: The federal government has adjusted the potential increase in petrol prices by reducing the Inland ...

Published 17 Dec, 2024 08:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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