News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Franchise areas: Gas cos asked to install town border stations to cut down UfG

ISLAMABAD: The Petroleum Division has directed both gas companies - Sui Northern Gas Pipelines Limited (SNGPL) and...

Updated 06 Nov, 2022 09:46am

TAPI gas pipeline: Only Turkmenistan offered strategic commitment: Musaddiq

ISLAMABAD: Federal government has received a strategic commitment from Turkmenistan for the construction of the...

Updated 05 Nov, 2022 11:36am

GST on petroleum products likely in second half of Nov

ISLAMABAD: Federal government is likely to impose general sale tax (GST) on petroleum products in the second half of...

Updated 02 Nov, 2022 04:48pm

Pakistan

Senate panel told: 152 big climatic events pushed up food insecurity in country

ISLAMABAD: A parliamentary panel was informed on Friday that the country witnessed 152 extreme climatic events – ...

Published 29 Oct, 2022 06:42am

Russian oil idea unlikely to get traction in Pakistan

Can save no more than $1bn a year due to limited local oil refineries' capacity and their long-term contracts with Middle East oil companies

Updated 21 Oct, 2022 11:18am

Business & Finance

From tobacco makers: FBR collected Rs160bn last year, PAC told

ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs160 billion tax from tobacco manufacturers last year, ...

Published 20 Oct, 2022 05:36am

Pakistan

Govt should revisit auto policy, PAC told

ISLAMABAD: The policy of import compression by the government to manage the balance of payments which was ...

Updated 19 Oct, 2022 07:20am

Markets

Consumers to face gas load-shedding despite more RLNG cargoes

ISLAMABAD: Consumers of both gas companies- the Sui Northern Gas Pipeline Limited (SNGPL) and the Sui Southern Gas...

Published 18 Oct, 2022 06:47am

Markets

PL rates adjusted: POL products’ prices kept unchanged

ISLAMABAD: The federal government Saturday announced that the prices of petroleum products will be maintained at the...

Published 16 Oct, 2022 03:53am

Pakistan

PLL committed Rs26.2bn irregularities: AGP

ISLAMABAD: The Auditor General of Pakistan has observed that Pakistan LNG Limited (PLL) committed Rs26.2 billion...

Published 12 Oct, 2022 05:46am

Low consumption of MS, HSD: Jul-Aug PDL collection shortfall stands at Rs93bn

ISLAMABAD: The shortfall in collection of petroleum levy against the budgeted target was Rs93 billion in July and...

Updated 04 Oct, 2022 09:40am

Pakistan

PAC examines appropriation accounts of NA, Senate secretariats

ISLAMABAD: A meeting of the Public Accounts Committee (PAC) was held Wednesday under the convenership of Noor Alam...

Published 29 Sep, 2022 05:54am

Business & Finance

Centre may revise royalty of oil, gas deposits of Balochistan govt

ISLAMABAD – The federal government is considering to revise the royalty of oil and gas deposits of Balochistan...

Published 25 Sep, 2022 06:01am

Markets

Ogra report: SNGPL, SSGC give connections to 467,054 new consumers in FY21

ISLAMABAD: State-owned gas companies – Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company...

Published 24 Sep, 2022 03:49am

There’s no plan to raise GST on POL products: official

ISLAMABAD: The government has no plan to increase the general sales tax (GST) on petroleum products, however...

Updated 24 Sep, 2022 10:15am

Business & Finance

Cash-strapped PSO’s receivables hit Rs583.2bn mark

ISLAMABAD: Faced with serious financial constraints, Pakistan State Oil (PSO) has repeatedly approached the federal...

Updated 23 Sep, 2022 09:50am

Petrol price raised by Rs1.45 per litre

ISLAMABAD: The federal government Wednesday announced an increase of Rs1.45 per litre in the price of petrol. The...

Published 22 Sep, 2022 05:48am

Pakistan

Assessment of losses to take two weeks, MPs told

ISLAMABAD: A parliamentary panel on Tuesday has been informed that the flood damage need assessment (DNA) in...

Published 21 Sep, 2022 05:57am

Business & Finance

Litigations against Ogra on the rise

ISLAMABAD: The number of court cases involving billions of rupees has increased by 240 cases against the Oil and Gas...

Updated 17 Sep, 2022 11:03am

Extra revenue collection goal: Govt may not pass full relief on to POL consumers

ISLAMABAD: The federal government may not pass on the full relief to the end-consumers in a bid to collect ...

Updated 15 Sep, 2022 09:59am

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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