News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Markets

Cut in petroleum prices expected

ISLAMABAD: A significant reduction in fuel prices is on the cards for Pakistani consumers. According to preliminary...

Updated 13 Aug, 2024 12:21pm

2024-29 sell-off roadmap presented to Dar

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) meeting held with the Deputy Prime Minister/Foreign...

Updated 03 Aug, 2024 12:17pm

Senate panel told: Ogra takes over oil demand-supply function

ISLAMABAD: An Oil and Gas Regulatory Authority (Ogra) official Friday apprised a parliamentary panel that the...

Updated 03 Aug, 2024 01:03pm

Business & Finance

HSD and petrol: FD allows PSO to make exchange rate adjustment

ISLAMABAD: The Finance Division has allowed Pakistan State Oil (PSO) Rs1.72 per litre exchange rate adjustment on...

Published 02 Aug, 2024 05:55am

Markets

Petrol price cut by Rs6.17, HSD’s by Rs10.86

ISLAMABAD: The federal government on Wednesday announced to slash the prices of petrol and high-speed diesel (HSD) ...

Published 01 Aug, 2024 06:06am

Phasing out incentives for SEZs not so easy

ISLAMABAD: Despite an International Monetary Fund (IMF) statement indicating government assurance to phase-out...

Updated 30 Jul, 2024 03:05pm

Govt to sustain gas tariff at current level: Musadik

ISLAMABAD: Minister for Petroleum Musadik Malik Saturday said the federal government has decided to sustain the gas...

Updated 28 Jul, 2024 09:37am

Deregulation of POL products’ prices: Petroleum Div to finalise framework today

ISLAMABAD: A crucial meeting is set to take place on Thursday (today) at the Petroleum Division to finalise the...

Updated 25 Jul, 2024 09:57am

NA panel briefed about PIA sell-off progress

ISLAMABAD: Pakistan International Airlines (PIA), burdened by Rs200 billion in debts and owning Rs145 billion in...

Updated 23 Jul, 2024 09:40am

Petrol price hiked by Rs9.99, HSD’s by Rs6.18

ISLAMABAD: Federal government on Monday made a massive increase in the price of petroleum products up to Rs 9.99 per...

Updated 16 Jul, 2024 09:26am

Business & Finance

Oil prices likely to increase

ISLAMABAD: The price of petrol and high-speed diesel (HSD) is expected to go up starting July 16th. This increase is...

Published 14 Jul, 2024 02:55am

Transition plan to wind up PWD: ED creates surplus pool of 7,000 employees

ISLAMABAD: The Establishment Division has created a surplus pool of around 7000P Public Works Department (PWD)...

Updated 05 Jul, 2024 09:18am

HBFC sell-off progress reviewed: Talks held with interested business group

ISLAMABAD: Federal Minister Privatisation Abdul Aleem Khan, Minister for Finance Muhammad Aurangzeb and Minister for...

Updated 05 Jul, 2024 09:28am

PIACL sell-off: Govt to decide shares percentage after bids

ISLAMABAD: The federal government will decide on the shares percentage of Pakistan International Airlines Company...

Updated 04 Jul, 2024 11:38am

Markets

Move to curb circular debt flow: Proposal seeking 10pc cut in gas sale prices rejected

ISLAMABAD: In a move to curb circular debt flow, the federal government rejected a proposed up to 10 percent ...

Published 03 Jul, 2024 07:35am

PIA, HBFCL, others: sell-off timeline issued

Transactions expected to be finalised in the first quarter of the current fiscal year (2024-25)

Updated 03 Jul, 2024 10:25am

Markets

SNGPL, SSGCL to file review with Ogra: Another increase in gas prices sought

ISLAMABAD: The gas companies - SNGPL and SSGCL – will file a review of estimated revenue requirements with the Oil...

Published 02 Jul, 2024 05:07am

PL’s max limit raised as part of contingency plan: Tarar

ISLAMABAD: The federal government has increased the maximum limit of petroleum levy (PL) on petroleum products,...

Updated 02 Jul, 2024 09:07am

Business & Finance

Petrol price hiked by Rs7.45, diesel’s by Rs9.56

ISLAMABAD: The federal government on Sunday announced a substantial raise in ex-depot rates of all petroleum ...

Published 01 Jul, 2024 07:01am

Business & Finance

Ministry’s and Ogra’s actions to ruin exports, jobs: APTMA

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) says Ministry of Energy (Petroleum Division) and Oil and...

Published 30 Jun, 2024 02:58am

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 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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