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energy tariffs

Trump wants EU to buy more US oil and gas or face tariffs

US President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its...

Updated 20 Dec, 2024 11:20pm

Business & Finance

PALSP says high energy tariffs brought steel sector to its knees

ISLAMABAD: Pakistan’s steel industry, the backbone of the country’s economy, is teetering on the edge of ...

Published 11 Dec, 2024 08:01am

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

Perspectives

CTBCM’s impact: a promise of affordable and reliable electricity?

The potential transition of Pakistan’s power sector to a competitive wholesale electricity market under the...

Published 04 Oct, 2024 09:30pm

Opinion

Beyond stabilisation: challenges and opportunities

The IMF board has finally approved a $7 billion package, with the first tranche already disbursed. Economic...

Updated 30 Sep, 2024 08:10am

BR Research

Textile exports: what does FY25 look like?

Will the rise in income tax on exportsblow textile exports out of water? Will the rising energy tariffs wipe out...

Published 09 Sep, 2024 09:08am

BMP assails increase in power tariffs

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has condemned the...

Updated 09 Sep, 2024 09:04am

BMP underscores need for taking steps to achieve export target

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has stressed the need for...

Updated 12 Aug, 2024 09:19am

Pakistan

JI expands scope of its protest campaign

KARACHI: Jamaat-e-Islami (JI) is set to stage a sit-in protest outside the Governor House Sindh against the high...

Published 31 Jul, 2024 06:40am

BR Research

Static demand, costly power

Power generation in June 2024 at 13 billion units stayed lower 2 percent year-on-year–and so did the FY24 net...

Published 24 Jul, 2024 07:49am

Opinion

Smoke and mirrors

Pakistan’s energy sector is in a peculiar mess. On paper, the electricity supply is sufficient at a lower energy...

Updated 22 Jul, 2024 07:17am

Business & Finance

KCCI urges govt to revisit taxation measures, bring down energy tariffs

KARACHI: Keeping in view the perpetually intensifying hardships being suffered by small traders, industrialists,...

Published 20 Jul, 2024 05:34am

Markets

Pakistan’s economic crisis is largely due to its power sector: experts propose bypassing govt

Pakistan, the world’s fifth most populous country, has a power sector problem and experts believe this is a core...

Published 10 Jul, 2024 08:23pm

Markets

Up to 200 units of consumption: PM Shehbaz announces Rs50bn power subsidy for 25mn households

Says time has come for 'elite to make sacrifices'

Updated 09 Jul, 2024 09:32pm

Markets

UBG leader says concerned at hike in energy tariffs

KARACHI: SM Tanveer, the patron of the United Business Group (UBG) has expressed grave concerns over the...

Published 07 Jul, 2024 03:08am

Markets

Govt’s balancing act: incentivise solar, but not too much?

KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –...

Updated 10 May, 2024 09:51am

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

Opinion

Rising energy tariffs, sinking economy

Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent....

Published 25 Apr, 2024 03:05am

BR Research

Circular debt mystery: What is the real number?

If it had not been for the World Bank Pakistan Development Update, the common folk would have continued guessing the...

Published 08 Apr, 2024 08:00am

Pakistan

Ramazan: people irked by hike in energy tariffs, food prices

LAHORE: The soaring prices of edibles and the recent hike in petrol by Rs 10 per litre have perturbed the people of...

Published 07 Apr, 2024 03:01am

Senators criticise ‘unbearable’ rise in energy tariffs

ISLAMABAD: The members of the Senate Standing Committee on Finance on Wednesday vehemently criticised what they...

Updated 15 Feb, 2024 09:48am

Business & Finance

Rising energy costs: APTMA says 50pc industry at high risk of closure

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has again raised its voice against high electricity and...

Published 15 Feb, 2024 05:39am

Markets

IMF rejection of CD, tariff strategy: MoF’s ‘half-hearted’ support cited as the reason

ISLAMABAD: The Finance Ministry’s half-hearted support may have been a reason behind the IMF rejection of the...

Published 14 Feb, 2024 09:20am

Markets

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

BR Research

Nishat Mills Limited

Nishat Mills Limited (PSX: NML), the flagship company of Nishat Group was established in 1951. Being one of the...

Published 30 Jan, 2024 09:02am

Business & Finance

KCCI demands release of pending incremental consumption package

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has urged that in ...

Published 28 Jan, 2024 02:43am

Business & Finance

KCCI chief praises DG Rangers for activation of complaint cell

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has lauded the support ...

Published 12 Jan, 2024 03:06am

Business & Finance

PTEA says concerned at state of economy

FAISALABAD: Textile export industry is highly concerned over continuous downfall in exports. Inconsistent policies,...

Published 28 Nov, 2023 04:56am

Opinion

Export or perish

The fundamental problem of our economy is that balance of payments crises and a perpetual risk of default have ...

Updated 20 Nov, 2023 07:16am

TMA concerned at ‘exorbitant’ hike in gas tariffs

KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan (TMA) has expressed...

Updated 28 Oct, 2023 09:13am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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

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