News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Gas tariffs increased

The drastic devaluation of rupee against dollar has resulted into increasing cost of gas

Updated 31 Oct, 2023 10:00am

Business & Finance

Prices of POL products likely to rise

ISLAMABAD: Prices of petroleum products are expected to rise with effect from November 1, 2023 owing to a surge in...

Updated 26 Oct, 2023 04:01pm

Business & Finance

PSO restores fuel supply to at least 20 PIA flights

ISLAMABAD: Pakistan State Oil (PSO) restored fuel supply to at least 20 flights of Pakistan International Airlines...

Updated 24 Oct, 2023 08:40am

E&P companies: Petroleum Division fails to recover billions of rupees

ISLAMABAD: The Petroleum Division has failed to recover billions of rupees from exploration and production companies...

Updated 20 Oct, 2023 10:07am

Markets

Oil price cut aimed at to meet levy target?

ISLAMABAD: Petroleum Division announced a reduction in the price of petrol by Rs 40 per litre, a cut of 12 percent,...

Published 19 Oct, 2023 05:10am

Business & Finance

Petrol price slashed by Rs40, HSD’s by Rs15

ISLAMABAD: Caretaker government on Sunday announced a significant relief to general public by slashing the ex-depot...

Published 16 Oct, 2023 05:47am

Business & Finance

Significant reduction in POL products likely

ISLAMABAD: A significant reduction in petroleum products ex-depot prices upto Rs35 per litre is projected for the...

Published 14 Oct, 2023 05:32am

‘Selling govt share in Reko Diq to KSA’: Terms being drafted to hire FA for 3rd-party assessment

ISLAMABAD: Energy Division along with Board of Investment (BoI) has been drafting terms and conditions to hire a...

Updated 12 Oct, 2023 09:32am

Only core business of PIA to be offered: Fawad

ISLAMABAD: The core business of the PIA would be offered to potential buyers with current liabilities and assets...

Updated 11 Oct, 2023 08:44am

Protected gas consumers: Rs500 per mmbtu gas tariff hike under study

ISLAMABAD: The federal government has been considering a proposal for increasing Rs500 per mmbtu gas tariff for 60...

Updated 26 Sep, 2023 11:17am

Business & Finance

Privatisation of SOEs: Minister explains mandate of caretaker govt

ISLAMABAD: A few buyers of state-owned entities (SOEs) claimed demurrage from the Privatisation Division for ...

Published 22 Sep, 2023 03:33am

BoI: Reconstituted BoD yet to convene any meeting

ISLAMABAD: Twenty-five members of the board of directors of the Board of Investment (BoI) have failed to convene a...

Updated 21 Sep, 2023 08:54am

Caretaker setup hikes price of petrol by Rs26, HSD’s by Rs17.34

ISLAMABAD: Interim government on Friday night notified once again a massive increase in the price of petrol by Rs...

Updated 16 Sep, 2023 09:56am

Summary seeking up to 50pc raise in gas sale prices re-submitted

Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt

Updated 15 Sep, 2023 10:07am

Markets

Ogra revenue falls by Rs30.5m in FY2021-22

ISLAMABAD: The revenue of the Oil and Gas Regulatory Authority (Ogra) declined by Rs 30.5 million in the fiscal year...

Published 08 Sep, 2023 06:01am

Govt hikes price of petrol by Rs14.91, HSD’s by Rs18.44

ISLAMABAD: The interim government on Friday hiked once again the prices of petroleum products up to Rs 18.44 per...

Updated 01 Sep, 2023 08:43am

Another fuel price hike on the cards

ISLAMABAD: There might be a big rise of upto Rs20 per litre in the cost of petrol and high-speed diesel (HSD) due to...

Updated 30 Aug, 2023 10:46am

Digital census: PPP, MQM-P say concerned about ‘under-reporting’ of Sindh population

Pakistan

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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