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 / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 2	149.97
USD to Swiss Franc / Apr 2	0.88
Pound Sterling to USD / Apr 2	1.29
Euro to USD / Apr 2	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
FTSE 100 / Apr 1	8,653.57
Germany DAX 30 / Apr 1	22,445.60
France CAC40 / Apr 1	7,860.39
India Sensex / Apr 2	76,432.38
Tokyo Nikkei / Apr 2	35,703.81
Hang Seng / Apr 2	23,135.12

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Petrol/Litre / Apr 2	254.63
Crude Oil USD/Barrel / Apr 2	71.15
Gold Spot USD/Ounce / Apr 2	3,116.61
Diesel/Litre / Apr 2	258.64
Cotton US¢/pound / Apr 2	68.26

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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