News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

POL products’ prices hiked by Rs30 per litre

ISLAMABAD: The government has announced to increase petroleum products’ prices by Rs30 per litre from Thursday ...

Updated 27 May, 2022 09:54am

POL products: Govt yet to project PL and GST rates for FY23

ISLAMABAD: The government has yet to project petroleum levy (PL) and general sales tax (GST) on petroleum products...

Updated 27 May, 2022 09:55am

Pakistan

Privatisation of JCC: PC seeks fresh information from CDA

ISLAMABAD: Privatisation Commission (PC) has sought fresh information from Capital Development Authority (CDA) prior...

Published 20 May, 2022 06:00am

Sell-off of various entities: PC retained sale proceeds in ‘violation’ of Ordinance: AGP

ISLAMABAD: A parliamentary panel on Wednesday was informed that the Auditor General of Pakistan (AGP) observed that...

Updated 19 May, 2022 09:54am

Khattak, others still using official residence?

ISLAMABAD: Despite the passage of 34 days of the dissolution of the National Assembly, some of the powerful former...

Updated 15 May, 2022 08:35am

Shujaat’s son now federal minister for BoI

ISLAMABAD: Chaudhary Salik Hussain, a PML-Q leader and coalition partner of Shehbaz Sharif government, has been...

Updated 13 May, 2022 09:24am

Business & Finance

PetroChina offers lowest bid for two LNG cargoes for June

ISLAMABAD: Pakistan LNG Ltd (PLL) received the lowest spot price of $23.968 per mmbtu and $22.498 per mmbtu for two...

Published 12 May, 2022 05:40am

Five-day work week: Business community urges SBP to revisit its decision

ISLAMABAD: The business community has urged the State Bank of Pakistan (SBP) to revisit its decision of restoring ...

Updated 08 May, 2022 02:26pm

Pakistan

PTI’s dissident lawmakers: ECP adjourns hearing till 10th

ISLAMABAD: The Election Commission of Pakistan (ECP) on Friday adjourned the hearing against dissident lawmakers of...

Published 07 May, 2022 06:15am

Targeted subsidy for motorcyclists under consideration: Price differential claims on petrol, HSD increase substantially

ISLAMABAD: A proposal is under consideration of the Petroleum Division and Benazir Income Support Programme for...

Updated 03 May, 2022 09:07am

First half of May: Prices of POL products to remain unchanged

ISLAMABAD: In a fortnightly review, the federal government has decided to continue the subsidy on petroleum products...

Updated 01 May, 2022 09:03am

Pakistan

Wheat-producing districts of Punjab facing diesel shortage

ISLAMABAD: Wheat growing districts of Punjab have been reportedly facing shortage of high speed diesel (HSD) ahead ...

Published 26 Apr, 2022 05:20am

Govt likely to curb fuel subsidies

ISLAMABAD: Present government may withdraw the subsidy on petrol entirely by raising its price by Rs 21 per litre...

Updated 24 Apr, 2022 09:09am

May delivery: PLL receives lowest bids from TEGP for LNG cargoes

ISLAMABAD: Pakistan LNG Limited (PLL) Thursday received lowest bids from Total Energies Gas and Power for Liquefied...

Updated 22 Apr, 2022 10:34am

PSO receivables, payables soar to Rs508.3bn

ISLAMABAD: The receivables and payable of Pakistan State Oil (PSO) have reached Rs508.3 billion as several clients...

Updated 20 Apr, 2022 12:23pm

Business & Finance

BoI chairman tenders resignation

ISLAMABAD: Board of Investment (BoI) Chairman Muhammad Azfar Ahsan tendered his resignation to the prime minister...

Published 17 Apr, 2022 05:51am

Business & Finance

POL products’ prices kept unchanged

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced to continue the subsidy for keeping petroleum products...

Published 16 Apr, 2022 04:10am

Pakistan

PAC criticises NAB chairman for ‘targeted accountability’

ISLAMABAD: The Public Accounts Committee (PAC) criticised the National Accountability Bureau (NAB) chairman for...

Published 15 Apr, 2022 05:29am

Failure to buy LNG from spot market: Gas crisis set to simmer in summer

Only eight LNG cargoes will be imported for April against the demand of 12

Updated 13 Apr, 2022 01:51pm

Pakistan

Dr Syed Tauqir made PS to Shehbaz

ISLAMABAD: Reshuffle in top bureaucracy of the federal government and the Punjab provincial government is expected...

Published 12 Apr, 2022 05:17am

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%)
Khalid Siraj / Dec 23 Khalid Siraj Textile Mills Limited(KSTM)	10.60 ▲ 1.00 (10.42%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Hala Enterprise / Dec 23 Hala Enterprises Limited(HAEL)	14.51 ▲ 1.32 (10.01%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Dawood Lawrencepur / Dec 23 Dawood Lawrencepur Limited(DLL)	241.63 ▲ 21.97 (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%)

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%)
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%)
PIA Holding Co.B / Dec 23 PIA Holding Company Limited B(PIAHCLB)	829.98 ▼ -80.94 (-8.89%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.51 ▼ -0.88 (-7.73%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	15 ▼ -1.25 (-7.69%)
Gammon Pak / Dec 23 Gammon Pakistan Limited(GAMON)	46.16 ▼ -3.43 (-6.92%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6.12 ▼ -0.42 (-6.42%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.16
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.08
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.84
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 ▲ 0.06
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 1.91
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.43
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 0.45

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