News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Petrol price may be slashed by Rs10

ISLAMABAD: Federal government will likely to cut the petroleum price by Rs 10 per litre or 10 percent for the month...

Published 01 Jul, 2020 03:09am

Petrol shortages: 'Independent' body formed to carry out probe

ISLAMABAD: Prime Minister Imran Khan has constituted a four-member "independent" technical committee to probe and...

Published 30 Jun, 2020 03:10am

Markets

OGRA imposes Rs5m penalty each on three OMCs

ISLAMABAD. The Oil and Gas Regulatory Authority (OGRA) has imposed Rs5 million penalty each on three oil marketing...

Published 30 Jun, 2020 03:10am

POL products: Govt explains increase in prices

ISLAMABAD: The federal government has passed on the partial impact of 112 percent increase in international crude ...

Updated 28 Jun, 2020 03:24am

POL products: Whopping increase in prices notified

ISLAMABAD: The government on Friday increased price of petrol by Rs 25.58 per litre effect from June 26 in an early...

Published 27 Jun, 2020 02:55am

Markets

OGRA holds public hearing: SSGC provided Rs 190 billion relief to consumers

ISLAMBAD: The Sui Southern Gas Company (SSGC) has provided Rs190 billion relief on gas prices to its industrial,...

Published 26 Jun, 2020 03:34am

Markets

Ogra urged to reduce gas tariff by 40 percent

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has been urged to reduce the gas tariff by 40 percent, in ...

Updated 25 Jun, 2020 03:35am

Pakistan

Eviction of illegal occupants from Sector G-14 halted

ISLAMABAD: A grand operation planned by the Federal Government Employees Housing Authority (FGEHA), which was to...

Updated 23 Jun, 2020 03:47am

Epaper

Sell-off process could contribute Rs 100 billion revenue

ISLAMABAD: Privatisation Division has short listed 10 entities which are scheduled to be sold out in financial year...

Published 22 Jun, 2020 03:03am

Pakistan

Seven out of twenty advisors & SAPMs submit asset declarations

ISLAMABAD: Seven out of twenty advisors and special assistants to Prime Minister (SAPMs) had submitted their asset...

Published 19 Jun, 2020 03:27am

Markets

ERR's of two gas companies: OGRA to hold two-day public hearing

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has decided to hold two-day public hearing for the Estimated...

Published 18 Jun, 2020 03:05am

Epaper

Private oil cos held responsible for petrol crisis

ISLAMABAD: The preliminary report on the petrol crisis has not only held private oil companies responsible for black...

Published 17 Jun, 2020 02:50am

Epaper

Rs 100 billion budgeted from privatisation proceeds

ISLAMABAD: The government has budgeted Rs 100 billion from privatisation proceeds in financial year 2020-21 against ...

Published 13 Jun, 2020 03:31am

Epaper

Rs 450 billion petroleum levy estimated

ISLAMABAD: Reliance on petroleum levy (PL) has been proposed to be raised by 73 percent in budget 2020-21 - from Rs...

Published 13 Jun, 2020 03:31am

Markets

OMC blames incorrect demand forecast for petrol shortage

ISLAMABAD: One of the leading oil marketing companies (OMC) has blamed incorrect demand forecast for petrol in...

Published 12 Jun, 2020 03:07am

Epaper

POL products shortages: Ogra examining OMCs' replies

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) is examining the replies received from the six oil marketing...

Published 11 Jun, 2020 03:00am

Epaper

Committee formed to probe POL crisis

ISLAMABAD: Petroleum Division on Monday constituted a seven-member committee to ascertain the element of hoarding ...

Published 09 Jun, 2020 03:06am

Epaper

Punjab & Islamabad regions: CNG prices cut by Rs7.5 to Rs64.4/litre

ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Sunday fixed average RLNG prices at $6.12 per mmbtu for Sui...

Published 08 Jun, 2020 03:12am

Epaper

Shortage of petrol, HSD: Three OMCs seek extension of time to respond to notices

ISLAMABAD: Three Oil Marketing Companies (OMCs) have sought three-day extension from the Oil and Gas Regulatory...

Published 06 Jun, 2020 02:46am

Epaper

POL products: Ogra finds 6 OMCs involved in shortage

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Wednesday found six mega Oil Marketing Companies (OMCs)...

Published 04 Jun, 2020 03:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.17
USD PKR Interbank Buying / Mar 7	279.97
USD to Japanese Yen / Mar 7	148.06
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 7	5,746.85
India Sensex / Mar 7	74,332.58
Tokyo Nikkei / Mar 7	36,887.17
Nasdaq / Mar 7	18,211.25
Hang Seng / Mar 7	24,231.30
FTSE 100 / Mar 7	8,679.88
Dow Jones / Mar 7	42,829.44
Germany DAX 30 / Mar 7	23,008.94
France CAC40 / Mar 7	8,120.80

Item	Value
Crude Oil USD/Barrel / Mar 7	67.03
Karachi Cotton PKR/37.32 KG / Mar 7	17,585
Gold 10 Grams PKR / Mar 7	263,203
Gold Spot USD/Ounce / Mar 7	2,916.80
Cotton US¢/pound / Mar 7	66.07
Petrol/Litre / Mar 10	255.63
Diesel/Litre / Mar 10	258.64

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

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