News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Business & Finance

Petrol price hiked by Rs3.47, HSD’s by Rs2.61

ISLAMABAD: Federal government announced on Wednesday a raise in petroleum products prices up to Rs 3.47 per litre ...

Published 16 Jan, 2025 03:04am

Business & Finance

POL products: Ex-depot prices may go up by Rs6.20/litre from 16th

ISLAMABAD: The ex-depot prices of petroleum products are estimated to increase by up to Rs6.20 per litre with effect...

Published 15 Jan, 2025 02:59am

Case against PEL: FHL seeks PD’s support in enforcing SICC ruling

ISLAMABAD: Frontier Holdings Ltd (FHL), a foreign oil and gas exploration company, has requested assistance from the...

Updated 11 Jan, 2025 08:52am

Govt wants to complete PIA privatisation this year

ISLAMABAD: The Pakistani government plans to complete the privatisation of Pakistan International Airlines Company...

Updated 10 Jan, 2025 03:09pm

Downstream oil sector deregulation: OCAC refuses to endorse any future road map

ISLAMABAD: The Oil Companies Advisory Committee (OCAC) has issued a strong statement, asserting that the oil...

Updated 07 Jan, 2025 12:53pm

Business & Finance

Average cost of Platts with incidentals, duty hike HSD price

ISLAMABAD: The price of high-speed diesel (HSD) in Pakistan has increased in the latest price review, according to ...

Updated 02 Jan, 2025 08:09am

Sale of 15pc stake in Reko Diq: Minister says matters will be finalised soon

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik, while talking to media persons, stated that the matters...

Updated 01 Jan, 2025 09:29am

Markets

Alleged 3rd party gas sale: Minster says facts to be shared with media

ISLAMABAD: The petroleum minister has sought detail of alleged third-party sale of gas without a license from the...

Published 01 Jan, 2025 03:03am

Markets

Entire next month: SSGC to curtail supply of gas to power generation by 50pc

ISLAMABAD: The Sui Southern Gas Company (SSGC) has curtailed supply of gas for power generation by 50 percent from...

Published 31 Dec, 2024 06:32am

Two foreign oil, gas firms win arbitration against PEL

ISLAMABAD: Two foreign oil and gas companies Frontier Holdings Limited (“FHL”) and Spud Energy Pty Limited (“SEPL”)...

Updated 23 Dec, 2024 09:50am

Pakistan

PEL inquiry reports: Senate panel puts off briefing on PD proposals

ISLAMABAD: A parliamentary committee on Thursday postponed a briefing on the Ministry of Energy (Petroleum Division)...

Published 20 Dec, 2024 02:43am

Markets

Production bonus terms: Senate panel dismisses OGDCL’s claims

ISLAMABAD: A parliamentary panel on Thursday dismissed claims made by the Oil and Gas Development Company Limited...

Published 20 Dec, 2024 02:43am

Ogra recommends significant hike in gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended a significant hike in gas prices for both gas...

Updated 18 Dec, 2024 08:56am

Markets

Potential increase in petrol prices adjusted by reducing IFEM

ISLAMABAD: The federal government has adjusted the potential increase in petrol prices by reducing the Inland ...

Published 17 Dec, 2024 08:31am

Business & Finance

Petrol rate unchanged: Rs3.05 reduction in HSD price

ISLAMABAD: The Federal Government announced today that the price of petrol will remain unchanged, while the rates of...

Published 16 Dec, 2024 06:08am

Markets

Significant cut in POL products’ prices likely

ISLAMABAD: The federal government is considering a significant reduction in ex-depot prices for petroleum ...

Published 13 Dec, 2024 08:28am

Markets

Minister seeks presentation on Discos’ sell-off plan

ISLAMABAD: Federal Minister for Privatization Abdul Aleem Khan on Wednesday directed the Ministry of Power to ...

Published 12 Dec, 2024 07:25am

SIFC to take up critical energy sector issues today

ISLAMABAD: The Special Investment Facilitation Council (SIFC) will take up critical issues in meeting scheduled to...

Updated 11 Dec, 2024 03:11pm

Business & Finance

Talks under way to import Russian oil: minister

ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by...

Published 05 Dec, 2024 06:47am

Markets

Petrol, HSD prices rise due to combined impact of taxes, OMCs’ margins

ISLAMABAD: The combined impact of taxes and Oil Marketing Companies (OMCs) margins, accounting for 68 percent of...

Published 04 Dec, 2024 03:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	3.74 ▲ 0.34 (10.00%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.20 ▲ 0.74 (9.92%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.50 ▼ -6.07 (-7.73%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Punjab Oil / Jan 21 Punjab Oil Mills Limited(POML)	147 ▼ -11.02 (-6.97%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.15 ▼ -0.66 (-6.73%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)
Prosperity Weav / Jan 21 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -2.00 (-5.41%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.01
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.34
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.02
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	36,422,905 ▲ 1.79
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	28,252,842 ▲ 0.28
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.10
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.13
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.79
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.80

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