News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Business & Finance

Petrol, HSD: PSO allowed exchange rate adjustments

ISLAMABAD: The interim government has allowed Pakistan State Oil (PSO) per litre exchange rate adjustment of Rs 2.58...

Updated 17 Jan, 2024 09:45am

Business & Finance

Petrol price cut by Rs8/litre

ISLAMABAD: The interim government on Monday slashed the ex-depot price of petrol by Rs 8 per litre in a fortnightly...

Published 16 Jan, 2024 05:44am

Petroleum products: Up to Rs5.50 cut in ex-depot prices likely

ISLAMABAD: The interim government may announce a modest decrease in ex-depot prices of all petroleum products up to...

Updated 14 Jan, 2024 04:16pm

Business & Finance

KP CNG stations shut due to growing gas shortages

ISLAMABAD: CNG stations running on indigenous gas and imported LNG are facing either a shortage of gas or closure...

Updated 13 Jan, 2024 09:46am

Business & Finance

Gas shortages in Sindh becoming increasingly acute

ISLAMABAD: The gas crisis continued to worsen as the Sui Southern Gas Company Limited (SSGC) was compelled to...

Updated 05 Jan, 2024 09:34am

Markets

Prices of petrol, HSD kept unchanged

ISLAMABAD: The interim government on Sunday kept the ex-depot prices of petrol and high speed diesel (HSD) unchanged...

Updated 01 Jan, 2024 06:54am

Pakistan

Oil and gas exploration: Panel concerned over delay, slow activities

ISLAMABAD: A parliamentary penal on Friday expressed its serious concern over the delay and slow oil and gas...

Published 30 Dec, 2023 06:28am

First half of Jan’24: Petroleum products’ prices may be sustained

Decision may be taken in line with marginal increase in prices of Brent globally

Updated 29 Dec, 2023 02:24pm

Pakistan

Alleged association with PML-N: ECP to hear plea seeking removal of privatisation minister today

ISLAMABAD: The Election Commission of Pakistan (ECP) will hold a hearing on a petition filed against the removal of...

Published 21 Dec, 2023 03:54am

Business & Finance

Sindh industry opposes 87pc increase in gas tariff

ISLAMABAD/KARACHI: Sindh industry, strongly opposing the Sui Southern Gas Company (SSGC)‘s 87 percent above the...

Updated 19 Dec, 2023 10:00am

Industrial consumers in Sindh: SSGC plans three days a week gas suspension

ISLAMABAD: The Sui Southern Gas Company (SSGC) has planned two to three days industrial closure in Sindh in a week...

Updated 16 Dec, 2023 09:07am

Business & Finance

Govt slashes petrol price by Rs14, HSD’s by Rs13.50

ISLAMABAD: The caretaker government on Friday announced reduction in ex-depot prices of major petroleum products,...

Published 16 Dec, 2023 05:49am

Markets

Local communities: OGDCL spends Rs1.166bn for development in 5 years

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) spent Rs1.166 billion for the development of local...

Published 15 Dec, 2023 03:12am

Pakistan

Senate panel asks ministry to begin work on B’stan gas fields

ISLAMABAD: Rejecting the claims of state-owned Oil and Gas Development Company Limited (OGDCL) that security is the...

Published 14 Dec, 2023 05:24am

Markets

Petroleum Division briefs Senate: Ogra law amendment has helped govt collect Rs250bn more revenue

ISLAMABAD: The amendment in the Oil and Gas Regulatory Authority (Ogra) Ordinance, 2002 on March 3, 2022, paved the...

Published 14 Dec, 2023 05:24am

Markets

Minister accuses APL of not lifting petrol, HSD stock

ISLAMABAD: Caretaker Minister for Energy, Muhammad Ali, on Tuesday accused Attock Petroleum Limited (APL) – a...

Published 13 Dec, 2023 05:33am

Fertiliser plants exempted from gas load-shedding: Ali

ISLAMABAD: The interim government decided to exempt all fertiliser plants from winter gas load-shedding and import...

Updated 13 Dec, 2023 09:44am

Receivables of PSO against PIA reach Rs27.5bn

ISLAMABAD: The accumulated receivable of state-owned Pakistan State Oil (PSO) has reached Rs27.512 billion including...

Updated 09 Dec, 2023 09:10am

Business & Finance

SNGPL petition for 137pc hike: Ogra to hold public hearing sans presence of Member (Gas)

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has scheduled to hold a public hearing on the Sui Northern ...

Published 08 Dec, 2023 05:20am

Markets

SNGPL seeks 137pc increase in prescribed gas price

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has sought an increase in prescribed/cost of gas price by...

Published 06 Dec, 2023 04:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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