News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

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

Business & Finance

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

ISLAMABAD: A parliamentary panel on Wednesday tasked the Auditor General of Pakistan (AGP) and the Federal Board of...

Published 16 Jun, 2022 08:19am

Hike in POL products’ prices on the cards

ISLAMABAD: The federal government is likely to increase the price of petrol by Rs8.69 per litre and high-speed ...

Updated 15 Jun, 2022 10:40am

Budget 2022-23

Rs 96 billion to be generated via sell-off proceeds

ISLAMABAD: The federal government has budgeted to generate Rs96 billion from the privatisation proceeds in the...

Published 11 Jun, 2022 06:41am

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

OMCs: Zero PDCs budgeted for 2022-23

ISLAMABAD: The federal government has budgeted zero Price Differential Claims (PDCs) for next financial year 2022-23...

Published 11 Jun, 2022 06:39am

Gas sector circular debt nearly doubled in 3 years

ISLAMABAD: Over the past three years, the stock of circular debt in gas sector has nearly doubled to Rs 650 billion...

Updated 10 Jun, 2022 09:21am

Business & Finance

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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