News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

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

Petrol price cut by Rs3.05, diesel’s increased by Rs8.95

ISLAMABAD: The government Sunday night announced slashing the petrol price by Rs3.05 per litre, and increased the...

Updated 01 Aug, 2022 09:21am

POL products’ prices: OMCs estimate up to Rs28.44/litre hike

Prices of petrol and HSD will further increase if government includes Rs 7 per litre petroleum dealers’ margin

Updated 30 Jul, 2022 12:38pm

Business & Finance

Import of CKD kits: Auto sector seeks SBP intervention for opening LCs

ISLAMABAD: Auto manufacturers have sought intervention of the State Bank of Pakistan (SBP) for opening Letters of...

Updated 22 Jul, 2022 12:32pm

Pakistan

Tayyaba Gull allegations: Tussle between PAC and NAB ends

ISLAMABAD: Acting Chairman and Director General (Lahore) National Accountability Bureau (NAB) on Wednesday ended the...

Published 21 Jul, 2022 05:40am

Reko Diq copper-gold project: Barrick sets conditions to insulate itself

Company president states first phase of Reko Diq copper-gold project will be completed by 2027-28

Updated 19 Jul, 2022 10:28am

15pc cut in oil prices recommended

Petroleum levy to stay unchanged at Rs10 per litre

Updated 14 Jul, 2022 10:43am

Burden of hike in gas prices to be passed on to rich: minister

ISLAMABAD: Minister for State for Energy, Musaddiq Malik hinted that a proposal has been submitted to the federal...

Updated 08 Jul, 2022 09:29am

Markets

Ogra increases LPG price by Rs2/kg for July

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased on Friday the Liquefied Petroleum Gas (LPG)...

Published 02 Jul, 2022 04:10am

POL products’ prices further jacked up

ISLAMABAD: Finance Minister Miftah Ismail Thursday said that increase in petroleum development levy by Rs10 on ...

Updated 01 Jul, 2022 09:42am

Wapda, Discos: No employee to get free electricity: ministry

ISLAMABAD: The Ministry of Energy (Power Division) will withdraw the free electricity facility to the employees of...

Updated 24 Jun, 2022 10:17am

‘KSA is assisting in getting another deferred oil facility through IDB’

ISLAMABAD: Government of Saudi Arabia is helping Pakistan in getting another deferred oil facility of $1.2 billion...

Updated 23 Jun, 2022 09:53am

Deposits as advance booking: AGP, FBR asked to audit accounts of auto manufacturers

Business & Finance

Budget 2022-23

455pc hike in PL proposed

ISLAMABAD: Reliance on petroleum levy (PL) has been proposed to be raised by 455 percent in federal budget 2022-23...

Updated 11 Jun, 2022 10:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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