News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

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

Prices of petroleum products hit all-time high

New ex-depot price of petrol is Rs 159.86 from Rs 147.83 per litre

Updated 16 Feb, 2022 10:47am

Markets

PD, ministry talks begin on banned vessels carrying LPG from berthing

ISLAMABAD: The Petroleum Division (PD) has started talks with the Ministry of Maritime Affairs (MoMA) on a...

Published 12 Feb, 2022 05:09am

Pakistan

Panel underscores need for formulation of ‘concrete’ energy policy

ISLAMABAD: A parliamentary panel on Thursday recommended to take the government’s policy on distribution of gas to...

Published 11 Feb, 2022 04:31am

Markets

IMF spells out causes of gas sector circular debt

ISLAMABAD: The International Monetary Fund observed that high unaccounted for gas losses (UFG), often delayed sales...

Published 06 Feb, 2022 04:42am

POL products: GST abolished, PL revised downward

Based on existing levels of consumption, estimated revenue loss on account of zero sales tax on petroleum products would be between Rs 21 to 25 billion in one month

Updated 02 Feb, 2022 10:38am

Pakistan

POL products’ prices remain unchanged

ISLAMABAD: Federal government on Monday decided to keep the ex-depot prices of petroleum products unchanged and...

Published 01 Feb, 2022 04:07am

Up to 10.09pc hike in petroleum products’ prices likely

ISLAMABAD: The general masses may again face a significant increase up to 10.09 percent in the petroleum products...

Updated 29 Jan, 2022 10:29am

AGP identifies departments resisting audits

Pakistan

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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