News stories for Syed Akhtar Ali

Syed Akhtar Ali

Opinion

Prices of POL products

New petroleum prices have been announced; there is no big increase in prices of Petrol and HSD. However, the...

Published 11 Sep, 2022 03:51am

Opinion

Deregulating the oil sector — II

The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be...

Published 24 Aug, 2022 05:08am

Opinion

Deregulating the oil sector – I

There has often been talk of deregulating the petroleum sector. There are pros and cons which have been hotly...

Published 20 Aug, 2022 03:41am

Opinion

Petroleum prices: an analysis

From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre....

Published 08 Aug, 2022 05:41am

Opinion

Will low oil prices sustain?

New price of gasoline is 230.24 Rs/liter (7.44% decrease) and diesel’s is 236 Rs/L (14.66% decrease). Gasoline’s...

Published 27 Jul, 2022 05:23am

Opinion

Oil price rise

There are two recent and important developments that are worth discussion. Firstly, petrol prices were increased on...

Published 13 Jul, 2022 05:48am

Opinion

Oil, gas prices: need for stabilisation fund

Oil prices go up and down. Now gas prices are also linked with oil prices. While lower oil prices go unnoticed and...

Published 22 Jun, 2022 05:58am

Opinion

Towards a fast track solar programme

A fast track solar programme appears to be the need of the hour for reducing electricity cost. At least 1000MW ...

Published 15 Jun, 2022 05:47am

Opinion

Oil prices – what to do? – II

Classification of crude oil is based on viscosity (lightness or heavy) and sulfur level (sweet and sour/high, medium...

Published 09 Jun, 2022 06:18am

Opinion

Oil prices – what to do? – I

Petroleum prices have been increased once again. New prices are: petrol Rs209.86 and High Speed Diesel (HSD)...

Updated 08 Jun, 2022 08:11pm

Opinion

Power blackout 2021: inquiry report

On 9th January 2021, 23:40hrs, a major power blackout occurred which engulfed almost entire Pakistan, including...

Published 12 May, 2022 05:40am

Opinion

Towards petroleum pricing and subsidies

Petroleum prices have been maintained at status quo, but as it appears that it may not be possible to maintain the...

Published 06 May, 2022 05:03am

Opinion

Prices of POL and products—I

Petrol prices have been increased again to cross the mark of Rs 147 per litre, while diesel remains cheaper by a few...

Published 23 Jan, 2022 05:17am

Opinion

Diversifying gas use

A gas crisis has been caused by continuously depleting local gas resources, and rising LNG prices. Cheaper local gas...

Published 06 Jan, 2022 04:13am

Opinion

Glasgow agreement and Pakistan—II

Coal gasification Major energy source remains to be Thar coal. Thar coal can be liquefied to produce gas (SNG). It...

Published 10 Dec, 2021 04:29am

Opinion

Glasgow agreement and Pakistan—I

Glasgow Climate Conference has ended with a renewed commitment of 200 nations to climate change goals amid ...

Published 25 Nov, 2021 03:53am

Opinion

Nepra's 'State of Industry Report': An analysis-I

Nepra (National Electric Power Regulatory Authority) has released its annual State of Industry Report-21 (SOI-21)....

Updated 09 Oct, 2021 12:06pm

Opinion

An ugly IGCEP

A rather ugly situation is developing with respect to the IGCEP (Indicative Generation Capacity Expansion Plan)....

Published 23 Sep, 2021 04:35am

Opinion

Towards a hydrogen policy

Hydrogen is the most abundant element found in nature. It is a fuel of the future promising carbonless economy....

Published 18 Sep, 2021 04:02am

Opinion

Oil refining policy: a refined approach needed

New Oil Refinery Policy (NORP) is at an advanced stage of processing and approval. There are some risks and issues ...

Updated 08 Sep, 2021 11:21pm

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 22	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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular