News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

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

Pakistan

Dry weather may hit wheat crop in upper Punjab, KP

ISLAMABAD: The prevailing dry weather may negatively affect wheat crop in upper Punjab and Khyber Pakhtunkhwa...

Published 08 Apr, 2022 05:28am

Markets

Gas price hike: Ogra holds public hearing in response to SSGCL’s petition

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) held a public hearing at Karachi on Thursday on a petition of...

Published 08 Apr, 2022 05:28am

Business & Finance

In favour of PIOGCL: Eni Pakistan asked to provide undertaking of HPHL

ISLAMABAD: The Petroleum Division has asked Eni Pakistan Limited to provide an undertaking of Hub Power Holdings...

Published 07 Apr, 2022 05:15am

Pakistan

PTV remains under PTI control even after NA dissolution

ISLAMABAD: The state-run Pakistan Television (PTV) remains under the control of Pakistan Tehreek-e-Insaf (PTI) even...

Updated 06 Apr, 2022 05:04pm

Cut in prices of petrol, diesel: PM’s relief package termed ‘unsustainable’

OGRA had recommended increasing the price of HSD to Rs213.02 and petrol to Rs205.64 per litre from April 1

Updated 06 Apr, 2022 02:31pm

Markets

Capped prices of petroleum products: Govt to bear additional burden of Rs33bn

ISLAMABAD: Federal government decision to un-change the prices of petroleum products for first half of April will...

Published 01 Apr, 2022 05:41am

Pakistan

Meeting with vendors today: Ministry to seek justification of hike in prices of cars, SUVs

ISLAMABAD: The Ministry of Industries and Productions has convened a meeting with auto vendors Thursday (Mar 31) to...

Published 31 Mar, 2022 05:11am

Business & Finance

Lack of facilities: SEZs fail to fetch expected FDI

ISLAMABAD: The federal government exempted Rs49.39 billion of custom duties and taxes on the import of plant and...

Published 29 Mar, 2022 06:26am

POL products: Rs114bn collected through PL

ISLAMABAD: The federal government has been able to collect a revenue of Rs114 billion through Petroleum Levy (PL) on...

Updated 20 Mar, 2022 09:02am

Markets

Senate panel told: PSO has invited bids for additional diesel supply

ISLAMABAD: A parliamentary panel, on Thursday, was apprised that the Pakistan State Oil (PSO) with 50 percent market...

Published 18 Mar, 2022 05:20am

Diversion of LNG to households: PD says circular debt likely to soar to Rs398bn by 2025

Petroleum Division tells parliamentary committee circular debt can be contained only through price rationalisation

Updated 18 Mar, 2022 01:49pm

Markets

POL products’ prices remain unchanged

ISLAMABAD: The government is going to pay a heavy sum of Rs 30 billion to keep petroleum product prices at current...

Published 16 Mar, 2022 05:40am

OMCs’ PDCs up to Mar 31st: ECC approves another Rs11.73bn as suppl grant

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved an allocation of additional...

Updated 16 Mar, 2022 10:03am

Pakistan

Second half of March: Govt will absorb rise in prices of petrol, diesel

ISLAMABAD: The government will absorb an estimated increase in the High Speed Diesel (HSD) ex-depot price of Rs38.10...

Updated 15 Mar, 2022 06:40am

Business & Finance

Construction on govt housing projects stalled: Ministry given task to look into possibility of giving one-time relief to contractors through SRO

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has been tasked to see how stalled...

Published 04 Mar, 2022 04:37am

Pakistan

PM’s subsidy decision: PD asks Ogra to calculate amount of OMCs’ PDC receivable

ISLAMABAD: Amid Oil Companies Advisory Council (OCAC) demand for removal of price differential claim (PDC) and a...

Published 03 Mar, 2022 04:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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