News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Pakistan

Beneficiaries of BISP: PAC body to recover Rs19bn from govt employees’ spouses

ISLAMABAD: The Public Accounts Committee (PAC), on Thursday, constituted an inquiry committee of the Auditor General...

Published 13 Jan, 2023 06:56am

Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment

ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait...

Updated 13 Jan, 2023 08:54am

Markets

FY 2022-23: Ogra allows SNGPL, SSGCL to raise gas prices by over 74pc

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Wednesday recommended permitting two gas companies, the ...

Published 12 Jan, 2023 05:51am

Business & Finance

Pakistan Railways losses may be reduced by transporting coal, wheat: secretary

ISLAMABAD: The infrastructure losses of Rs628 billion of Pakistan Railways may be reduced by revenue generated by ...

Published 11 Jan, 2023 05:53am

Petroleum levy on HSD hiked

ISLAMABAD: After maxing out on the legislated petroleum levy on petrol at 50 rupees per litre effective 1 November,...

Updated 03 Jan, 2023 09:04am

Pakistan

Winter season: domestic consumers bracing for more gas outages

ISLAMABAD: Domestic consumers are bracing for long hours of gas outages as they are receiving supplies for only ...

Published 01 Jan, 2023 03:14am

POL products’ prices kept unchanged

ISLAMABAD: Finance Minister Ishaq Dar has announced that the government has decided to maintain the existing prices...

Updated 01 Jan, 2023 10:07am

Business & Finance

POL products: Govt may keep ex-depot prices at current level for H1

ISLAMABAD: The federal government may announce to keep the ex-depot prices of petrol and high-speed diesel (HSD) at...

Updated 31 Dec, 2022 11:41am

Cut in UfG targets in Interior Sindh, B’stan: SSGC yet to share action plan with AGP

ISLAMABAD: The Sui Southern Gas Company (SSGC) has yet to share the action plan with the Auditor General of Pakistan...

Updated 27 Dec, 2022 09:43am

Business & Finance

Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target

ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ...

Updated 17 Dec, 2022 10:04am

Business & Finance

Cut in prices of petrol, diesel announced

ISLAMABAD: Finance Minister Ishaq Dar has announced reduction in petroleum products’ prices on Thursday for the...

Updated 16 Dec, 2022 11:27am

Petrol, diesel and LNG at discounted rates: Russian ministers due next month

ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ...

Updated 06 Dec, 2022 09:33am

HSD, SKO & LDO: PL increased to generate Rs36.199bn

ISLAMABAD: The federal government has increased petroleum levy on High Speed Diesel (HSD) by 98 percent, 17 percent...

Updated 02 Dec, 2022 09:45am

Business & Finance

Rates of kerosene oil, light diesel dip

ISLAMABAD: In the fortnightly prices’ review of petroleum products, the price of kerosene oil (SKO) has been...

Updated 01 Dec, 2022 09:43am

Pakistan

Bajwa hands over baton of command to Munir

ISLAMABAD: The outgoing Chief of Army Staff General Qamar Javed Bajwa handed over the baton of command to the...

Published 30 Nov, 2022 05:53am

POL rates: anomalies in notification?

ISLAMABAD: The notification issued by the Ministry of Energy on the morning of 16th November for effective POL rates...

Updated 17 Nov, 2022 09:28am

Pakistan

Irregularities in maritime ministry: PAC asks NAB chief to give briefing today

ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday asked the National Accountability Bureau (NAB) chairman to...

Published 16 Nov, 2022 05:50am

Business & Finance

Ogra grants licence to PGPL for sale of gas, RLNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra), on Friday, granted license to Pakistan GasPort Limited ...

Published 12 Nov, 2022 05:55am

Markets

Govt unlikely to ensure 8-hour smooth supply of gas during winter

ISLAMABAD: The federal government cannot ensure smooth supply of eight-hour gas during cooking hours in the coming...

Updated 11 Nov, 2022 11:48am

There’s sufficient stock of petrol, HSD: PD

ISLAMABAD: The Petroleum Division Tuesday said the country has enough stock of petrol and High-Speed Diesel (HSD) to...

Updated 09 Nov, 2022 09:36am

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
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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