News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Markets

Gas price hike: Ogra holds public hearing in response to SSGCL’s petition

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) held a public hearing at Karachi on Thursday on a petition of...

Published 08 Apr, 2022 05:28am

Business & Finance

In favour of PIOGCL: Eni Pakistan asked to provide undertaking of HPHL

ISLAMABAD: The Petroleum Division has asked Eni Pakistan Limited to provide an undertaking of Hub Power Holdings...

Published 07 Apr, 2022 05:15am

Pakistan

PTV remains under PTI control even after NA dissolution

ISLAMABAD: The state-run Pakistan Television (PTV) remains under the control of Pakistan Tehreek-e-Insaf (PTI) even...

Updated 06 Apr, 2022 05:04pm

Cut in prices of petrol, diesel: PM’s relief package termed ‘unsustainable’

OGRA had recommended increasing the price of HSD to Rs213.02 and petrol to Rs205.64 per litre from April 1

Updated 06 Apr, 2022 02:31pm

Markets

Capped prices of petroleum products: Govt to bear additional burden of Rs33bn

ISLAMABAD: Federal government decision to un-change the prices of petroleum products for first half of April will...

Published 01 Apr, 2022 05:41am

Pakistan

Meeting with vendors today: Ministry to seek justification of hike in prices of cars, SUVs

ISLAMABAD: The Ministry of Industries and Productions has convened a meeting with auto vendors Thursday (Mar 31) to...

Published 31 Mar, 2022 05:11am

Business & Finance

Lack of facilities: SEZs fail to fetch expected FDI

ISLAMABAD: The federal government exempted Rs49.39 billion of custom duties and taxes on the import of plant and...

Published 29 Mar, 2022 06:26am

POL products: Rs114bn collected through PL

ISLAMABAD: The federal government has been able to collect a revenue of Rs114 billion through Petroleum Levy (PL) on...

Updated 20 Mar, 2022 09:02am

Markets

Senate panel told: PSO has invited bids for additional diesel supply

ISLAMABAD: A parliamentary panel, on Thursday, was apprised that the Pakistan State Oil (PSO) with 50 percent market...

Published 18 Mar, 2022 05:20am

Diversion of LNG to households: PD says circular debt likely to soar to Rs398bn by 2025

Petroleum Division tells parliamentary committee circular debt can be contained only through price rationalisation

Updated 18 Mar, 2022 01:49pm

Markets

POL products’ prices remain unchanged

ISLAMABAD: The government is going to pay a heavy sum of Rs 30 billion to keep petroleum product prices at current...

Published 16 Mar, 2022 05:40am

OMCs’ PDCs up to Mar 31st: ECC approves another Rs11.73bn as suppl grant

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved an allocation of additional...

Updated 16 Mar, 2022 10:03am

Pakistan

Second half of March: Govt will absorb rise in prices of petrol, diesel

ISLAMABAD: The government will absorb an estimated increase in the High Speed Diesel (HSD) ex-depot price of Rs38.10...

Updated 15 Mar, 2022 06:40am

Business & Finance

Construction on govt housing projects stalled: Ministry given task to look into possibility of giving one-time relief to contractors through SRO

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has been tasked to see how stalled...

Published 04 Mar, 2022 04:37am

Pakistan

PM’s subsidy decision: PD asks Ogra to calculate amount of OMCs’ PDC receivable

ISLAMABAD: Amid Oil Companies Advisory Council (OCAC) demand for removal of price differential claim (PDC) and a...

Published 03 Mar, 2022 04:39am

Ogra hikes gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased the average prescribed gas prices by up to ...

Updated 03 Mar, 2022 09:45am

Markets

‘Substantial’ raise likely in petroleum products’ prices

ISLAMABAD: The federal government may announce a substantial raise in petroleum products prices up to Rs5.59 per...

Updated 26 Feb, 2022 10:30am

Highest bid of Rs99.99/share received: PC holds bidding of HEC ‘sans CCoP nod’

ISLAMABAD: The Privatisation Commission on Monday held bidding for Heavy Electrical Complex (HEC) without prior...

Updated 22 Feb, 2022 10:13am

Pakistan

Senate panel approves two amendments to Ogra bill

ISLAMABAD: The Senate Standing Committee on Cabinet approved two amendments in “The Oil and Gas Regulatory...

Published 17 Feb, 2022 06:37am

Borrowing money from MNCs to show big tax collection: AGP raises concern over FBR ‘manoeuvring’

ISLAMABAD: The Auditor General of Pakistan (AGP) raised serious concern over the Federal Board of Revenue’s...

Updated 17 Feb, 2022 10:10am

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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