News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Business & Finance

APOTCA rejects deregulation of oil prices

ISLAMABAD: All Pakistan Oil Tankers Contractors Association (APOTCA) on Tuesday rejected the proposed deregulation ...

Published 14 Sep, 2022 04:45am

Business & Finance

Khaqan says govt set to deregulate prices of POL products

ISLAMABAD: Former premier Shahid Khaqan Abbasi has said that the government is all set to deregulate the prices of...

Published 11 Sep, 2022 03:51am

Pakistan

PAC bars politicians, guests from using CMs’ helicopters

ISLAMABAD: The Public Accounts Committee (PAC) has barred the leaders of political parties to utilise provincial...

Updated 09 Sep, 2022 09:33am

Pakistan

Alleged loss of Rs70m to public exchequer: PAC directs NAB to share list of 1,800 beneficiaries

ISLAMABAD: The Public Accounts Committee (PAC) has tasked the National Accountability Bureau (NAB) to share the list...

Published 07 Sep, 2022 04:13am

Business & Finance

Govt taking steps for enhancing SOEs’ governance, transparency

ISLAMABAD: Higher growth, investment, and job creation will crucially depend on addressing long-standing structural...

Published 03 Sep, 2022 04:25am

Gas prices: govt fails to honour pledge

ISLAMABAD: The federal government has missed its pledge to the International Monetary Fund (IMF) to increase the...

Updated 03 Sep, 2022 11:24am

Petroleum levy on petrol jacked up by 87pc

ISLAMABAD: Federal government has jacked up the rate of petroleum levy (PL) on petrol by 87 percent, ie, all-time...

Updated 02 Sep, 2022 11:35am

POL products’ prices increased

ISLAMABAD: Federal government Wednesday announced up to Rs 10.92 per litre increase in the prices of petroleum...

Updated 01 Sep, 2022 09:26am

First half of Sept: Cut in oil prices expected

ISLAMABAD: An estimated up to Rs20 per litre reduction in the prices of major petroleum products (petrol and...

Updated 31 Aug, 2022 09:42am

Optimal use of LNG capacity at terminal-II: Ogra policy opposed by SNGPL

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA)’s promotion of gas liberalisation by engaging the private...

Updated 28 Aug, 2022 09:22am

Govt aims to collect Rs91bn thru GST, PL on POL products

ISLAMABAD: The federal government may impose General Sales Tax (GST) on all petroleum products with effect from...

Updated 27 Aug, 2022 09:47am

Pakistan

PAC examines audit reports of petroleum division for 2019-20

ISLAMABAD: A parliamentary panel on Wednesday was apprised that the Saudi government’s pledge to set up an ultra...

Published 25 Aug, 2022 06:09am

Pakistan

Appointment of SNGPL board’s head: PAC directs Petroleum Division to hold inquiry

ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday termed the appointment of Chairperson of Sui Northern ...

Published 25 Aug, 2022 06:09am

Pakistan

Parliamentary body threatens to issue summons to minister, secretary

ISLAMABAD: A parliamentary committee expressed displeasure over the continued absence of the minister of state and...

Published 24 Aug, 2022 05:08am

Pakistan

All public-sector entities: PAC assigns AGP to hold performance audit

ISLAMABAD: A parliamentary panel on Wednesday has assigned the Auditor General of Pakistan (AGP) to hold a...

Published 18 Aug, 2022 05:27am

Oil refineries’ estimates: POL products’ prices may soar by up to Rs16.48 per litre

OGRA will send summary to finance division seeking revision on Monday

Updated 14 Aug, 2022 04:53pm

Markets

Losses in gas supply chain: Panel rejects PD’s response to PMIC’s report

ISLAMABAD: A parliamentary committee rejected the Petroleum Division (PD)’s response to the Prime Minister’s...

Published 13 Aug, 2022 06:27am

Import of petroleum products: PSO receives Rs62bn for confirmation of LCs

Issue pertaining to confirmation of LCs by local, international banks was resolved few weeks ago

Updated 12 Aug, 2022 10:47am

Pakistan

UN’s sustainable development goals: ‘Rotary working with local partners in 7 areas across globe’

ISLAMABAD: The visiting President of Rotary International Jennifer Jones on Saturday said that Rotary is focusing ...

Published 07 Aug, 2022 05:41am

Cabinet yet to approve hike in gas rates

Under OGRA’s Amended Act, there is a defined period of 40 days after determination of tariff by the regulator following which the determined tariff would automatically become applicable

Updated 03 Aug, 2022 10:38am

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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