News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Borrowing money from MNCs to show big tax collection: AGP raises concern over FBR ‘manoeuvring’

ISLAMABAD: The Auditor General of Pakistan (AGP) raised serious concern over the Federal Board of Revenue’s...

Updated 17 Feb, 2022 10:10am

Prices of petroleum products hit all-time high

New ex-depot price of petrol is Rs 159.86 from Rs 147.83 per litre

Updated 16 Feb, 2022 10:47am

Markets

PD, ministry talks begin on banned vessels carrying LPG from berthing

ISLAMABAD: The Petroleum Division (PD) has started talks with the Ministry of Maritime Affairs (MoMA) on a...

Published 12 Feb, 2022 05:09am

Pakistan

Panel underscores need for formulation of ‘concrete’ energy policy

ISLAMABAD: A parliamentary panel on Thursday recommended to take the government’s policy on distribution of gas to...

Published 11 Feb, 2022 04:31am

Markets

IMF spells out causes of gas sector circular debt

ISLAMABAD: The International Monetary Fund observed that high unaccounted for gas losses (UFG), often delayed sales...

Published 06 Feb, 2022 04:42am

POL products: GST abolished, PL revised downward

Based on existing levels of consumption, estimated revenue loss on account of zero sales tax on petroleum products would be between Rs 21 to 25 billion in one month

Updated 02 Feb, 2022 10:38am

Pakistan

POL products’ prices remain unchanged

ISLAMABAD: Federal government on Monday decided to keep the ex-depot prices of petroleum products unchanged and...

Published 01 Feb, 2022 04:07am

Up to 10.09pc hike in petroleum products’ prices likely

ISLAMABAD: The general masses may again face a significant increase up to 10.09 percent in the petroleum products...

Updated 29 Jan, 2022 10:29am

Pakistan

AGP identifies departments resisting audits

ISLAMABAD: The Auditor General of Pakistan (AGP) has identified departments under 15 federal ministries, including...

Published 21 Jan, 2022 05:27am

POL products’ prices surge

ISLAMABAD: Federal government on Saturday raised partially the ex-depot prices of petroleum products up to Rs 3.33...

Updated 16 Jan, 2022 10:03am

Senate panel told: EoI for PSM sell-off to be invited by May

ISLAMABAD: The Expression of Interest (EoI) for the privatisation of Pakistan Steel Mills (PSM) will be invited by...

Updated 14 Jan, 2022 09:51am

Pakistan

SSGC system: Senate panel informed about massive gas losses

ISLAMABAD: A parliamentary panel was informed Thursday that 15 percent unaccountable for gas (UfG) volume of the Sui...

Published 07 Jan, 2022 06:22am

PSO: power sector key defaulter

ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high at Rs425.446 billion by ...

Published 01 Jan, 2022 04:07am

‘New Year gift’: POL products’ prices hike up to Rs4.14

ISLAMABAD: Federal government has announced to increase ex-depot prices of all petroleum products up to Rs 4.15 per...

Updated 01 Jan, 2022 09:35am

Markets

Winter 2021: 500mmcfd of gas shortfall estimated

ISLAMABAD: Gas shortfall in winter 2021 has been estimated at 500 mmcfd (with 9 percent depletion of natural gas...

Published 31 Dec, 2021 06:50am

Govt misses petroleum levy target

ISLAMABAD: The federal government has been able to generate only seven percent of petroleum levy (PL) in the first...

Updated 24 Dec, 2021 09:44am

Domestic sector in Sindh facing gas shortage, admits SSGC

ISLAMABAD: The managing director (MD) of Sui Southern Gas Company Ltd (SSGC) has admitted that domestic sector in...

Updated 22 Dec, 2021 09:54am

Pakistan

Gas crisis: Govt required to prioritise expansion of existing terminals?

ISLAMABAD: To curtail the gas crisis, Pakistan must prioritise the expansion of existing terminals under the ...

Published 18 Dec, 2021 04:33am

Govt decides to slash prices of POL products

ISLAMABAD: The federal government has announced on Wednesday to slash the prices of petroleum products up to Rs7.01...

Updated 16 Dec, 2021 10:43am

Pakistan

‘Selective accountability’: NAB chief rejects allegation

ISLAMABAD: National Accountability Bureau (NAB) chairman former Justice Javed Iqbal appeared before the Public...

Published 08 Dec, 2021 06:22am

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%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
Ghandhara Ind. / Dec 23 Ghandhara Industries Limited(GHNI)	577.96 ▲ 52.54 (10.00%)
Leiner Pak Gelat / Dec 23 Leiner Pak Gelatine Limited(LPGL)	119.99 ▲ 10.91 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
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)	27.52 ▼ -2.66 (-8.81%)
Quetta Textile / Dec 23 Quetta Textile Mills Limited(QUET)	18 ▼ -1.56 (-7.98%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.57 ▼ -0.82 (-7.20%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.43 ▼ -0.76 (-6.79%)
Sana Ind / Dec 23 Sana Industries Limited(SNAI)	30.52 ▼ -2.18 (-6.67%)
Service Textile / Dec 23 Service Industries Textiles Limited(SERT)	11.40 ▼ -0.78 (-6.40%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.07
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 ▼ -0.70
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.13
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▼ -0.04
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.01
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.31
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 0.92

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