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Energy

‘Rs146bn unpaid’: Energy minister writes letters to provinces for outstanding power dues

Overdue electricity bills hindering ongoing reforms in energy sector, Awais Leghari says

Updated 12 Dec, 2024 10:31pm

Energy

IEA expects comfortably supplied oil market in 2025 despite demand hike

LONDON: The world oil market will be comfortably supplied in 2025, the International Energy Agency (IEA) said on...

Published 12 Dec, 2024 04:38pm

Commodities

Oil edges lower on IEA surplus forecast

NEW YORK: Oil prices were down more than 1% on Thursday as a forecast for ample supply in the oil market offset...

Updated 12 Dec, 2024 10:06pm

Energy

Nepra notifies Paisa 20 per unit positive adjustment

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has allowed positive adjustment of Paisa 20 per unit...

Published 12 Dec, 2024 06:01am

Energy

Remarks on CASA-1000 project: Tajik minister seeks clarification from power minister

ISLAMABAD: Tajikistan’s Minister for Energy and Water Resources, Juma Daler Shofaqir, has reportedly sought...

Published 12 Dec, 2024 06:01am

Energy

Minister seeks presentation on Discos’ sell-off plan

ISLAMABAD: Federal Minister for Privatization Abdul Aleem Khan on Wednesday directed the Ministry of Power to ...

Published 12 Dec, 2024 07:25am

Energy

SSGC disconnects 4,964 illegal gas connections

KARACHI: Sui Southern Gas Company Ltd. (SSGC) has disconnected a record 4,964 illegal gas connections during the ...

Published 12 Dec, 2024 06:01am

Energy

US natgas prices climb

NEW YORK: US natural gas futures climbed about 4% to a one-week high on Wednesday on forecasts for colder weather ...

Published 12 Dec, 2024 07:00am

Energy

Oil prices rise

HOUSTON: Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions...

Published 12 Dec, 2024 07:06am

Energy

OPEC again cuts 2024, 2025 oil demand growth forecasts

LONDON: OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in...

Published 11 Dec, 2024 06:55pm

Energy

ADB approves $200mn loan to modernise Pakistan’s power distribution network

The Asian Development Bank (ADB) on Wednesday approved a $200 million loan to modernise Pakistan’s power...

Updated 11 Dec, 2024 09:45pm

Energy

Oil rises 1% as EU agrees further sanctions threatening Russian oil flows

Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions...

Updated 11 Dec, 2024 09:50pm

Energy

KE’s Rs68bn write-off claims: Nepra reserves verdict

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday reserved its decision regarding the...

Published 11 Dec, 2024 06:45am

Energy

Oil prices rise on China stimulus, possible tight supply in Europe

HOUSTON: Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and...

Published 11 Dec, 2024 06:45am

Energy

US natural gas prices slide

NEW YORK: US natural gas futures slid about 3% on Tuesday on rising output, forecasts for milder weather and lower...

Published 11 Dec, 2024 06:45am

Energy

Palm oil futures slip

JAKARTA: Malaysian palm oil futures closed lower on Tuesday after data from the industry regulator showed a drop in...

Published 11 Dec, 2024 06:45am

Energy

China Nov crude oil imports up 14% to 48.52mn metric tons

SINGAPORE: China’s November crude oil imports rose 14.3% from a year earlier to 48.52 million metric tons, customs...

Published 10 Dec, 2024 11:04am

Energy

Oil prices rise on China stimulus, possible tight supply in Europe

HOUSTON: Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and...

Updated 11 Dec, 2024 12:00am

Energy

OPEC set to re-elect Sec Gen al-Ghais for second term

LONDON: The Organization of the Petroleum Exporting Countries is set re-elect current secretary general Haitham...

Published 10 Dec, 2024 06:13am

Energy

Lesco collects Rs3.76bn from defaulters

LAHORE: The Lahore Electric Supply Company (Lesco) has recovered Rs 3.76 billion from 126,718 dead defaulters in all...

Published 10 Dec, 2024 06:13am

Energy

Oil prices climb

HOUSTON: Oil prices rose by nearly 2% on Monday on increased geopolitical risk after the fall of Syrian President...

Published 10 Dec, 2024 06:13am

Energy

Atom Power unveils Pakistan’s first locally assembled lithium-ion batteries

Atom Power (PRIVATE) Limited is poised to transform the energy storage landscape in Pakistan with the launch of the...

Updated 09 Dec, 2024 03:12pm

Energy

Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell

LAUNCESTON: It’s always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia’s decision...

Published 09 Dec, 2024 11:44am

Energy

Oil prices rise as China moves toward monetary easing to boost growth

Oil prices climbed by more than 1% on Monday as top importer China flagged its first move toward a loosened monetary...

Updated 09 Dec, 2024 06:02pm

Energy

Saudi crude prices to Asia slump to four-year low

DUBAI: Saudi Aramco, the world’s biggest crude oil exporter, has cut its January 2025 prices for Asian buyers to the...

Published 09 Dec, 2024 06:43am

Energy

LESCO official fired for involvement in power theft

LAHORE: In a bid to curb power theft and corruption, the Lahore Electric Supply Company (LESCO) has terminated the...

Published 08 Dec, 2024 02:56am

Energy

Global LNG: Asian spot LNG remains near highest level this year

Pakistan’s deferment of some Qatari LNG cargoes from 2025 to 2026 marks second occasion in a month in which a country bought more LNG beforehand but in the end will consume less, says Klaas Dozeman, market analyst at Brainchild Commodity Intelligence

Updated 06 Dec, 2024 10:19pm

Energy

Oil prices fall on supply glut fears

NEW YORK: Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply ...

Published 08 Dec, 2024 02:56am

Energy

IPP deals: Saif Power approves revised agreements with govt

Saif Power Limited (SPWL), an Independent Power Producer (IPP), has approved implementing amended agreements with...

Updated 06 Dec, 2024 09:15pm

Energy

UAE non-oil business activity growth holds steady in November, PMI shows

ABU DHABI: Growth in the United Arab Emirates’ non-oil private sector activity held steady in November, while...

Published 06 Dec, 2024 10:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 12	278.30
USD PKR Interbank Buying / Dec 12	278.05
USD to Japanese Yen / Dec 12	152.50
USD to Swiss Franc / Dec 12	0.89
Pound Sterling to USD / Dec 12	1.28
Euro to USD / Dec 12	1.05

Stock	Volume
S&P 500 / Dec 11	6,084.19
Nasdaq / Dec 11	20,034.89
Dow Jones / Dec 11	44,148.56
India Sensex / Dec 12	81,289.96
Tokyo Nikkei / Dec 12	39,849.14
Hang Seng / Dec 12	20,397.05
FTSE 100 / Dec 12	8,316.75
Germany DAX 30 / Dec 12	20,437.69

Item	Value
Gold 10 Grams PKR / Dec 11	240,484
Petrol/Litre / Dec 12	252.10
Crude Oil USD/Barrel / Dec 12	70.60
Karachi Cotton PKR/37.32 KG / Dec 12	17,585
Gold Spot USD/Ounce / Dec 12	2,718.02
Diesel/Litre / Dec 12	258.43

Gainers
Losers
Leaders

Stock	Price
Pak Int.Bulk / Dec 12 Pakistan International Bulk Terminal(PIBTL)	9.07 ▲ 1.00 (12.39%)
Gulistan Sp. / Dec 12 Gulistan Spinning Mills Limited(GUSM)	9.72 ▲ 0.96 (10.96%)
GhaniGlobalGlass / Dec 12 Ghani Global Glass Limited(GGGL)	10.16 ▲ 1.00 (10.92%)
LSE Capital / Dec 12 LSE Capital Limited(LSECL)	5.10 ▲ 0.48 (10.39%)
HBL Invest Fund / Dec 12 HBL Investment Fund(HIFA)	3.65 ▲ 0.34 (10.27%)
Frontier Ceram / Dec 12 Frontier Ceramics Limited(FRCL)	22.39 ▲ 2.04 (10.02%)
Treet Corp / Dec 12 Treet Corporation Limited(TREET)	22.29 ▲ 2.03 (10.02%)
Data Agro / Dec 12 Data Agro Limited(DAAG)	95.10 ▲ 8.65 (10.01%)
Blue-Ex Ltd / Dec 12 Blue-Ex Limited (GEM)(GEMBLUEX)	36.80 ▲ 3.35 (10.01%)

Stock	Price
Calcorp Ltd / Dec 12 Calcorp Limited(CASH)	26.31 ▼ -2.91 (-9.96%)
Elahi Cot. / Dec 12 Elahi Cotton Mills Limited(ELCM)	80 ▼ -8.45 (-9.55%)
Crescent Cotton / Dec 12 Crescent Cotton Mills Limited(CCM)	55 ▼ -5.31 (-8.80%)
Macter Int. Ltd / Dec 12 Macter International Limited(MACTER)	420.01 ▼ -34.84 (-7.66%)
Al-Khair Gadoon / Dec 12 Al-Khair Gadoon Limited(AKGL)	41.02 ▼ -3.18 (-7.19%)
Nimir Resins / Dec 12 Nimir Resins Limited(NRSL)	24.99 ▼ -1.68 (-6.30%)
Shadman Cotton / Dec 12 Shadman Cotton Mills Limited(SHCM)	29.29 ▼ -1.85 (-5.94%)
Shahzad Tex. / Dec 12 Shahzad Textile Mills Limited(SZTM)	28.10 ▼ -1.77 (-5.93%)
At-Tahur Ltd. / Dec 12 At-Tahur Limited(PREMA)	24.30 ▼ -1.50 (-5.81%)

Stock	Volume
WorldCall Telecom / Dec 12 Worldcall Telecom Limited(WTL)	226,157,298 ▲ 0.14
K-Electric Ltd. / Dec 12 K-Electric Limited(KEL)	135,915,842 ▼ -0.10
Cnergyico PK / Dec 12 Cnergyico PK Limited(CNERGY)	79,897,601 ▲ 0.11
Pak Int.Bulk / Dec 12 Pakistan International Bulk Terminal(PIBTL)	70,527,204 ▲ 1.00
Fauji Foods Ltd / Dec 12 Fauji Foods Limited(FFL)	57,124,498 ▲ 0.03
Lotte Chemical / Dec 12 Lotte Chemical Pakistan Limited(LOTCHEM)	54,841,208 ▲ 0.44
Sui South Gas / Dec 12 Sui Southern Gas Company Limited(SSGC)	38,560,585 ▲ 1.77
Treet Corp / Dec 12 Treet Corporation Limited(TREET)	30,726,759 ▲ 2.03
Symmetry Group / Dec 12 Symmetry Group Limited(SYM)	29,244,937 ▲ 1.41

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