News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Cabinet yet to approve hike in gas rates

Under OGRA’s Amended Act, there is a defined period of 40 days after determination of tariff by the regulator following which the determined tariff would automatically become applicable

Updated 03 Aug, 2022 10:38am

Petrol price cut by Rs3.05, diesel’s increased by Rs8.95

ISLAMABAD: The government Sunday night announced slashing the petrol price by Rs3.05 per litre, and increased the...

Updated 01 Aug, 2022 09:21am

POL products’ prices: OMCs estimate up to Rs28.44/litre hike

Prices of petrol and HSD will further increase if government includes Rs 7 per litre petroleum dealers’ margin

Updated 30 Jul, 2022 12:38pm

Business & Finance

Import of CKD kits: Auto sector seeks SBP intervention for opening LCs

ISLAMABAD: Auto manufacturers have sought intervention of the State Bank of Pakistan (SBP) for opening Letters of...

Updated 22 Jul, 2022 12:32pm

Pakistan

Tayyaba Gull allegations: Tussle between PAC and NAB ends

ISLAMABAD: Acting Chairman and Director General (Lahore) National Accountability Bureau (NAB) on Wednesday ended the...

Published 21 Jul, 2022 05:40am

Reko Diq copper-gold project: Barrick sets conditions to insulate itself

Company president states first phase of Reko Diq copper-gold project will be completed by 2027-28

Updated 19 Jul, 2022 10:28am

15pc cut in oil prices recommended

Petroleum levy to stay unchanged at Rs10 per litre

Updated 14 Jul, 2022 10:43am

Burden of hike in gas prices to be passed on to rich: minister

ISLAMABAD: Minister for State for Energy, Musaddiq Malik hinted that a proposal has been submitted to the federal...

Updated 08 Jul, 2022 09:29am

Markets

Ogra increases LPG price by Rs2/kg for July

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased on Friday the Liquefied Petroleum Gas (LPG)...

Published 02 Jul, 2022 04:10am

POL products’ prices further jacked up

ISLAMABAD: Finance Minister Miftah Ismail Thursday said that increase in petroleum development levy by Rs10 on ...

Updated 01 Jul, 2022 09:42am

Wapda, Discos: No employee to get free electricity: ministry

ISLAMABAD: The Ministry of Energy (Power Division) will withdraw the free electricity facility to the employees of...

Updated 24 Jun, 2022 10:17am

‘KSA is assisting in getting another deferred oil facility through IDB’

ISLAMABAD: Government of Saudi Arabia is helping Pakistan in getting another deferred oil facility of $1.2 billion...

Updated 23 Jun, 2022 09:53am

Business & Finance

Deposits as advance booking: AGP, FBR asked to audit accounts of auto manufacturers

ISLAMABAD: A parliamentary panel on Wednesday tasked the Auditor General of Pakistan (AGP) and the Federal Board of...

Published 16 Jun, 2022 08:19am

Hike in POL products’ prices on the cards

ISLAMABAD: The federal government is likely to increase the price of petrol by Rs8.69 per litre and high-speed ...

Updated 15 Jun, 2022 10:40am

Budget 2022-23

Rs 96 billion to be generated via sell-off proceeds

ISLAMABAD: The federal government has budgeted to generate Rs96 billion from the privatisation proceeds in the...

Published 11 Jun, 2022 06:41am

Budget 2022-23

455pc hike in PL proposed

ISLAMABAD: Reliance on petroleum levy (PL) has been proposed to be raised by 455 percent in federal budget 2022-23...

Updated 11 Jun, 2022 10:08am

Budget 2022-23

OMCs: Zero PDCs budgeted for 2022-23

ISLAMABAD: The federal government has budgeted zero Price Differential Claims (PDCs) for next financial year 2022-23...

Published 11 Jun, 2022 06:39am

Gas sector circular debt nearly doubled in 3 years

ISLAMABAD: Over the past three years, the stock of circular debt in gas sector has nearly doubled to Rs 650 billion...

Updated 10 Jun, 2022 09:21am

Business & Finance

Ogra raises gas prices up to 45pc

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has allowed late Friday night a raise in gas prices up to 45...

Updated 05 Jun, 2022 11:41am

Targeted fuel subsidies: Govt may make allocations in FY23 budget

ISLAMABAD: The government may make a budgetary allocation in the federal budget for the financial year 2022-23 for...

Updated 28 May, 2022 10:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Leiner Pak Gelat / Dec 23 Leiner Pak Gelatine Limited(LPGL)	119.99 ▲ 10.91 (10.00%)
MithchellsFruit / Dec 23 Mitchells Fruit Farms Limited(MFFL)	226.01 ▲ 20.55 (10.00%)
Masood Textile / Dec 23 Masood Textile Mills Limited(MSOT)	55 ▲ 5.00 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
Mehmood Tex / Dec 23 Mehmood Textile Mills Limited(MEHT)	630 ▼ -70.00 (-10.00%)
Al-Khair Gadoon / Dec 23 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.22 ▼ -2.96 (-9.81%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Quetta Textile / Dec 23 Quetta Textile Mills Limited(QUET)	18 ▼ -1.56 (-7.98%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.42 ▼ -0.77 (-6.88%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.06
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.14
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.07
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.99
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.14
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▼ -0.01
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 1.91
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.29
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 0.45

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular