News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

PL on POL products target: IMF-govt talks hamstrung by disconnect

Final figure of actual petroleum levy collection on POL products in the first half of financial year will be released in the current month

Updated 08 Feb, 2023 09:17am

Panel asks PD to broker agreements between govt, gas producing provinces

ISLAMABAD: A parliamentary panel, on Thursday, asked the Petroleum Division to provide gas sale and purchase...

Updated 03 Feb, 2023 08:57am

Markets

Ogra allows huge hike in prices of LPG cylinders

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday notified a massive increase of Rs60 per kg on...

Published 01 Feb, 2023 05:58am

Pakistan

‘Wasted’ holiday in Islamabad causes huge loss to traders

ISLAMABAD: The visiting UAE president announcement to cancel the trip has not only wasted one-day holiday in the...

Published 31 Jan, 2023 06:01am

Signing of deal in March: Refineries to get Russian oil by April-end

Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan

Updated 27 Jan, 2023 09:02am

Loss-cutting targets: PM Secretariat seeks report on gas utilities’ failure

ISLAMABAD: Prime Minister Secretariat asked the Petroleum Division about the actions being taken by the two gas...

Updated 26 Jan, 2023 09:15am

Business & Finance

POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre

ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum...

Updated 25 Jan, 2023 08:56am

Fuel prices kept unchanged amid speculation

Government adjusts rates of petroleum levy (PL) with effect from today

Updated 16 Jan, 2023 09:40am

Markets

FY 2022-23: Ogra determines up to 11.5pc increase in gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has determined up to 11.5 percent increase in the prescribed...

Published 14 Jan, 2023 06:22am

Markets

Oil prices may be kept unchanged

ISLAMABAD: Based on the existing petroleum levy (PL) and general sales tax (GST) on petroleum products, an estimated...

Published 14 Jan, 2023 06:22am

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

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	155.80
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 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Jan 22 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.95 ▲ 0.85 (10.49%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Calcorp Ltd / Jan 22 Calcorp Limited(CASH)	36.08 ▲ 3.08 (9.33%)
Popular Islamic / Jan 22 Popular Islamic Modaraba(PIM)	12.59 ▲ 1.06 (9.19%)
Shadman Cotton / Jan 22 Shadman Cotton Mills Limited(SHCM)	34.70 ▲ 2.90 (9.12%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24 ▲ 1.92 (8.70%)
Sanghar Sugar / Jan 22 Sanghar Sugar Mills Limited(SANSM)	24.90 ▲ 1.85 (8.03%)
Elahi Cot. / Jan 22 Elahi Cotton Mills Limited(ELCM)	110.60 ▲ 7.60 (7.38%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.11 ▼ -0.89 (-14.83%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.15 ▼ -0.39 (-11.02%)
Kohinoor Ind. / Jan 22 Kohinoor Industries Limited(KOIL)	7.86 ▼ -0.92 (-10.48%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.28 ▼ -0.78 (-9.68%)
Sindh Abadgar / Jan 22 Sindh Abadgar's Sugar Mills Limited(SASML)	37.11 ▼ -3.89 (-9.49%)
Supernet Tech. / Jan 22 Supernet Technologies Limited(STL)	841.10 ▼ -85.81 (-9.26%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)
Suhail Jute / Jan 22 Suhail Jute Mills Limited(SUHJ)	105 ▼ -8.47 (-7.46%)
Mandviwala / Jan 22 Mandviwala Mauser Plastic Industries(MWMP)	21.25 ▼ -1.70 (-7.41%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▼ -0.05
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.03
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.04
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.87
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.13
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.07
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.33
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▼ -0.07
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.08

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