News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

POL products: Govt yet to project PL and GST rates for FY23

ISLAMABAD: The government has yet to project petroleum levy (PL) and general sales tax (GST) on petroleum products...

Updated 27 May, 2022 09:55am

Pakistan

Privatisation of JCC: PC seeks fresh information from CDA

ISLAMABAD: Privatisation Commission (PC) has sought fresh information from Capital Development Authority (CDA) prior...

Published 20 May, 2022 06:00am

Sell-off of various entities: PC retained sale proceeds in ‘violation’ of Ordinance: AGP

ISLAMABAD: A parliamentary panel on Wednesday was informed that the Auditor General of Pakistan (AGP) observed that...

Updated 19 May, 2022 09:54am

Khattak, others still using official residence?

ISLAMABAD: Despite the passage of 34 days of the dissolution of the National Assembly, some of the powerful former...

Updated 15 May, 2022 08:35am

Shujaat’s son now federal minister for BoI

ISLAMABAD: Chaudhary Salik Hussain, a PML-Q leader and coalition partner of Shehbaz Sharif government, has been...

Updated 13 May, 2022 09:24am

Business & Finance

PetroChina offers lowest bid for two LNG cargoes for June

ISLAMABAD: Pakistan LNG Ltd (PLL) received the lowest spot price of $23.968 per mmbtu and $22.498 per mmbtu for two...

Published 12 May, 2022 05:40am

Five-day work week: Business community urges SBP to revisit its decision

ISLAMABAD: The business community has urged the State Bank of Pakistan (SBP) to revisit its decision of restoring ...

Updated 08 May, 2022 02:26pm

Pakistan

PTI’s dissident lawmakers: ECP adjourns hearing till 10th

ISLAMABAD: The Election Commission of Pakistan (ECP) on Friday adjourned the hearing against dissident lawmakers of...

Published 07 May, 2022 06:15am

Targeted subsidy for motorcyclists under consideration: Price differential claims on petrol, HSD increase substantially

ISLAMABAD: A proposal is under consideration of the Petroleum Division and Benazir Income Support Programme for...

Updated 03 May, 2022 09:07am

First half of May: Prices of POL products to remain unchanged

ISLAMABAD: In a fortnightly review, the federal government has decided to continue the subsidy on petroleum products...

Updated 01 May, 2022 09:03am

Pakistan

Wheat-producing districts of Punjab facing diesel shortage

ISLAMABAD: Wheat growing districts of Punjab have been reportedly facing shortage of high speed diesel (HSD) ahead ...

Published 26 Apr, 2022 05:20am

Govt likely to curb fuel subsidies

ISLAMABAD: Present government may withdraw the subsidy on petrol entirely by raising its price by Rs 21 per litre...

Updated 24 Apr, 2022 09:09am

May delivery: PLL receives lowest bids from TEGP for LNG cargoes

ISLAMABAD: Pakistan LNG Limited (PLL) Thursday received lowest bids from Total Energies Gas and Power for Liquefied...

Updated 22 Apr, 2022 10:34am

PSO receivables, payables soar to Rs508.3bn

ISLAMABAD: The receivables and payable of Pakistan State Oil (PSO) have reached Rs508.3 billion as several clients...

Updated 20 Apr, 2022 12:23pm

Business & Finance

BoI chairman tenders resignation

ISLAMABAD: Board of Investment (BoI) Chairman Muhammad Azfar Ahsan tendered his resignation to the prime minister...

Published 17 Apr, 2022 05:51am

Business & Finance

POL products’ prices kept unchanged

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced to continue the subsidy for keeping petroleum products...

Published 16 Apr, 2022 04:10am

Pakistan

PAC criticises NAB chairman for ‘targeted accountability’

ISLAMABAD: The Public Accounts Committee (PAC) criticised the National Accountability Bureau (NAB) chairman for...

Published 15 Apr, 2022 05:29am

Failure to buy LNG from spot market: Gas crisis set to simmer in summer

Only eight LNG cargoes will be imported for April against the demand of 12

Updated 13 Apr, 2022 01:51pm

Pakistan

Dr Syed Tauqir made PS to Shehbaz

ISLAMABAD: Reshuffle in top bureaucracy of the federal government and the Punjab provincial government is expected...

Published 12 Apr, 2022 05:17am

Pakistan

Dry weather may hit wheat crop in upper Punjab, KP

ISLAMABAD: The prevailing dry weather may negatively affect wheat crop in upper Punjab and Khyber Pakhtunkhwa...

Published 08 Apr, 2022 05:28am

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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