AGL 38.25 ▼ -0.01 (-0.03%)

AIRLINK 138.97 ▼ -2.03 (-1.44%)

BOP 5.45 ▲ 0.01 (0.18%)

CNERGY 3.79 ▼ -0.05 (-1.3%)

DCL 7.57 ▼ -0.03 (-0.39%)

DFML 46.15 ▼ -0.04 (-0.09%)

DGKC 78.11 ▲ 0.61 (0.79%)

FCCL 29.10 ▼ -0.18 (-0.61%)

FFBL 57.10 ▲ 0.60 (1.06%)

FFL 8.70 ▲ 0.10 (1.16%)

HUBC 101.82 ▲ 3.13 (3.17%)

HUMNL 14.25 ▲ 0.15 (1.06%)

KEL 3.82 ▼ -0.01 (-0.26%)

KOSM 7.40 ▲ 0.01 (0.14%)

MLCF 38.35 ▲ 1.65 (4.5%)

NBP 69.50 ▲ 0.60 (0.87%)

OGDC 170.02 ▲ 0.52 (0.31%)

PAEL 25.65 ▲ 0.25 (0.98%)

PIBTL 6.60 ▲ 0.04 (0.61%)

PPL 133.58 ▲ 2.58 (1.97%)

PRL 25.00 ▼ -0.11 (-0.44%)

PTC 15.54 ▼ -0.10 (-0.64%)

SEARL 63.83 ▲ 5.83 (10.05%)

TELE 6.95 ▲ 0.05 (0.72%)

TOMCL 36.98 ▲ 1.74 (4.94%)

TPLP 7.70 ▼ -0.03 (-0.39%)

TREET 13.96 ▼ -0.14 (-0.99%)

TRG 44.97 ▲ 0.28 (0.63%)

UNITY 25.40 ▼ -0.01 (-0.04%)

WTL 1.22 ▲ 0.01 (0.83%)

BR100 9,165 12.9 (0.14%)

BR30 27,556 322 (1.18%)

KSE100 86,206 365.3 (0.43%)

KSE30 27,236 2 (0.01%)

اردو

Oct 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2024-10-15

Bahra Electric and Pakistan Cables sign MoU to develop energy sectors

Press Release Published October 15, 2024

ISLAMABAD: Bahra Electric and Pakistan Cables Limited signed a Memorandum of Understanding (MoU) to strengthen partnerships between the two organizations ushering a new era for collaboration in the industrial and energy sectors between the Kingdom of Saudi Arabia and Pakistan.

The MoU was signed by Kareem Idriss, Deputy Chief Executive – Bahra Electric and Fahd K. Chinoy, CEO – Pakistan Cables at a signing ceremony in Islamabad on October 10th. The value of the MoU is estimated to be up to $100 million and is anticipated to contribute towards the strong economic relation between both the countries.

This was one of several MOUs signed during the visit of a Saudi delegation led by Honourable Khalid Bin Abdulaziz Al-Falih, Minister of Investment, Kingdom of Saudia Arabia.

The two sides agreed that Bahra Electric and Pakistan Cables will collaborate to develop electrical products for the energy sector, strengthen capabilities and supply chain resilience, and widen distribution networks.

energy sectors Pakistan Cables Limited Bahra Electric

Comments

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.93
USD PKR Interbank Buying / Oct 16	277.73
USD to Japanese Yen / Oct 16	149.30
USD to Swiss Franc / Oct 16	0.86
Pound Sterling to USD / Oct 16	1.31
Euro to USD / Oct 16	1.09

Stock	Volume
S&P 500 / Oct 15	5,815.26
Nasdaq / Oct 15	18,315.59
Dow Jones / Oct 15	42,740.42
India Sensex / Oct 16	81,711.88
Tokyo Nikkei / Oct 16	39,166.12
Hang Seng / Oct 16	20,380.75
FTSE 100 / Oct 16	8,315.68
Germany DAX 30 / Oct 16	19,442.06

Item	Value
Petrol/Litre / Oct 16	247.03
Crude Oil USD/Barrel / Oct 16	70.82
Karachi Cotton PKR/37.32 KG / Oct 16	18,085
Gold 10 Grams PKR / Oct 16	237,654
Gold Spot USD/Ounce / Oct 16	2,667.11
Diesel/Litre / Oct 16	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00