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Global coal consumption expected to hit record high in 2024, IEA says

PARIS: Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as...

Published 18 Dec, 2024 12:43pm

Business & Finance

Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational

Thatta Cement Company Limited (THCCL) categorically rejected claims made by a competitor alleging an abrupt shutdown...

Updated 21 Nov, 2024 05:22pm

Markets

China’s Oct coal imports from Russia rise 13%

BEIJING: China’s coal imports from Russia rose 13% in October from the same month a year earlier despite sanctions...

Published 20 Nov, 2024 12:21pm

Markets

China’s October coal imports rise 29% year-on-year

BEIJING: China’s coal imports rose 29% in October from a year earlier, customs data showed on Thursday, putting...

Published 07 Nov, 2024 12:21pm

Markets

Anglo to sell 33pc stake in Australian steelmaking coal assets

JOHANNESBURG: Anglo American has agreed to sell a 33.3% stake in a joint venture that owns a 70% interest in the...

Published 05 Nov, 2024 03:30am

Imported coal supply to Sahiwal power plant: CPPA-G asks PR to increase number of freight trains

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has asked Pakistan Railways (PR) to increase...

Updated 29 Oct, 2024 09:23am

Markets

Power generation in Pakistan falls in September amid rising costs, shift to renewables

Power generation in Pakistan stood at 12,487 GWh (17,343 MW) in September 2024, a decline of over 6% YoY compared to...

Updated 23 Oct, 2024 10:49pm

Markets

India to launch coal exchange soon

NEW DELHI: India is planning to establish a coal exchange which will aim to stabilize prices of the fuel and improve...

Published 22 Oct, 2024 06:33am

Markets

Energy mix: Global commitments restrict fossil fuel growth

ISLAMABAD: Pakistan is facing a serious dilemma. It needs cheap energy which could be produced with indigenous ...

Published 05 Oct, 2024 07:20am

CRA on the cards to ensure transparency in imported coal pricing

ISLAMABAD: The federal government is likely to establish a Coal Regulatory Authority (CRA) to ensure transparency in...

Updated 26 Sep, 2024 09:02am

Markets

Minister briefs French envoy on alternative energy projects

KARACHI: Minister of Energy, Development and Planning Sindh Syed Nasir Hussain Shah on Thursday met French ...

Published 20 Sep, 2024 06:10am

Markets

Pakistan’s power generation falls sharply amid rising costs, solarisation

Power generation in Pakistan clocked in at 13,180 GWh (17,714 MW) in August 2024, a decline of over 17% YoY as...

Updated 19 Sep, 2024 10:24pm

Markets

China’s August coal output up on more power, chemical demand

BEIJING: China’s coal output rose 2.8% in August from a year earlier, statistics bureau data showed on Saturday, on...

Published 14 Sep, 2024 10:48am

Markets

China’s August coal imports rise 3% as heat waves spur power demand

BEIJING: China’s coal imports rose 3% in August as utilities continued to stock up amid record-breaking hot weather,...

Published 10 Sep, 2024 10:45am

Opinion

‘Xinjiang, Balochistan and FATA’

This is apropos to two back-to-back letters titled ‘Xinjiang, Balochistan and FATA’ Xinjiang now boasts a state...

Published 08 Sep, 2024 02:42am

Markets

China’s July coal import surge boosts its major suppliers, except Russia

BEIJING: China increased its coal imports from Indonesia, Mongolia and Australia, customs data showed on Tuesday, as...

Published 20 Aug, 2024 12:03pm

Markets

China’s coal output rises as share of electricity slips: Russell

LAUNCESTON: China’s production of coal is rising while its share of electricity generation is declining, a seeming...

Published 19 Aug, 2024 10:12am

Markets

China’s July coal output up

BEIJING: China’s coal output rose 2.8% year-on-year in July as mines ramped up production to ensure steady supply...

Published 18 Aug, 2024 06:19am

Editorials

Shifting to Thar coal

EDITORIAL: How on earth is Pakistan going to convince Chinese power plants – in Sahiwal, Port Qasim and Hub, with ...

Published 12 Aug, 2024 06:36am

Markets

China’s July coal imports rise

BEIJING: China’s coal imports rose to a seven-month high in July, General Administration of Customs data showed on...

Published 08 Aug, 2024 06:22am

Markets

China’s July coal imports rise to seven-month high

BEIJING: China’s coal imports rose to a seven-month high in July, General Administration of Customs data showed on...

Published 07 Aug, 2024 12:50pm

Markets

CM terms Sindh ‘energy basket’ for entire country

KARACHI: Chief Minister Sindh Syed Murad Ali Shah has said that Sindh is the energy basket for entire Pakistan which...

Published 03 Aug, 2024 06:46am

Govt considering importing coal from Kyrgyzstan

Sources say Ambassador of Pakistan to Kyrgyz Republic called on Talaibek Baigaziev, Kyrgyz Deputy Minister of Energy and discussed cooperation on energy between two countries

Updated 03 Aug, 2024 10:23pm

Markets

Global coal demand to remain flat

LONDON: Global coal demand is set to remain largely flat this year and next as higher electricity demand in some...

Published 25 Jul, 2024 06:35am

Key ministers interact with authorities in China: Bond, loans and coal high on the critical agenda

PM Shehbaz has directed Pakistan’s ambassador to China to ensure meetings of Ministers for Finance and Power with relevant Chinese authorities to discuss their proposed plans

Updated 25 Jul, 2024 01:09pm

Markets

FY24 power generation drops 2pc YoY

KARACHI: Pakistan’s power generation recorded at 127,259 GWh (14,504MW) during FY24 down 2.0 percent on...

Published 23 Jul, 2024 06:34am

Markets

Power generation in Pakistan improves, cost declines 10% YoY in May

Power generation in Pakistan clocked in at 12,617 GWh (16,958 MW) in May 2024, an increase of 2.7% YoY as compared...

Updated 20 Jun, 2024 10:47pm

Pakistan

Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed

ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,...

Published 13 Jun, 2024 03:32am

Markets

Power generation in Pakistan falls nearly 14% YoY in April

Power generation in Pakistan clocked in at 8,639 GWh (11,612 MW) in April 2024, 13.7% lower as compared to the same...

Updated 21 May, 2024 09:02pm

Markets

China’s imports of Australian coal rise to nearly 4-year high

BEIJING: China’s imports of Australian coal in April rose to the highest level since July 2020, Reuters records ...

Published 21 May, 2024 03:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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