Trends - fuel prices - Business Recorder

fuel prices

Increase in petroleum products’ prices on the cards

ISLAMABAD: A significant increase in the prices of petroleum products is on the cards for the fortnight commencing...

Updated 14 Nov, 2024 11:09am

BR Research

PSO in 1QFY25

Significant headwinds from fuel prices and volume significantly impacted Pakistan State Oil’s (PSX: PSO) financial...

Published 01 Nov, 2024 09:02am

Business & Finance

Petrol price hiked by Rs1.35, HSD’s by Rs3.85

ISLAMABAD: The federal government has announced a mixed bag of news for consumers, with a price hike for petrol and...

Published 01 Nov, 2024 06:51am

Petrol’s price remains unchanged; diesel’s hiked

ISLAMABAD: The government Tuesday increased the price of high speed diesel (HSD) up to Rs 5 per liter effective from...

Updated 16 Oct, 2024 03:43pm

Effective Oct 16: Substantial increase in fuel prices likely

ISLAMABAD: Consumers may face a substantial increase in fuel prices, with estimates suggesting a potential rise of...

Updated 13 Oct, 2024 09:28am

BR Research

Petroleum sales see a respite

Petroleum consumption in the country was seen growing in September-2024 as the OMCs reported robust sales in...

Updated 04 Oct, 2024 11:13am

Business & Finance

Fuel prices decline

ISLAMABAD: The federal government has announced a substantial reduction in petroleum prices effective from October...

Published 01 Oct, 2024 06:49am

Markets

Govt reduces petrol price by Rs10, HSD’s by Rs13.06 per litre

New prices come into effect from September 16, 2024

Published 15 Sep, 2024 11:12pm

Significant cut in fuel prices likely

ISLAMABAD: As international oil prices continue to fall, the government is poised for a significant reduction in...

Updated 14 Sep, 2024 05:05pm

Finance ministry spells out 5 major economic challenges

High fuel prices among the many issues facing Pakistan's economy

Updated 03 Sep, 2024 11:52am

BR Research

PSO FY24: Robust earnings despite volume decline

Marked by significant improvements in profitability, Pakistan State Oil Company Limited (PSX: PSO) posted a strong...

Published 02 Sep, 2024 09:27am

Markets

Some reduction in fuel prices likely

ISLAMABAD: The federal government is likely to announce a reduction in fuel prices for the third consecutive...

Updated 30 Aug, 2024 09:51am

BR Research

Taking a break

It has been over 2 years—25 months to be exact—since net bank loans for consumer vehicles turned crimson. This...

Published 26 Aug, 2024 08:10am

Business & Finance

Fuel price adjustment row: SECL has refused to pay dues to SNGPL?

ISLAMABAD: M/s Sapphir Electric Power Company Limited (SECL) is said to have refused to make payment of outstanding...

Updated 26 Aug, 2024 09:26am

BR Research

Power: Stagnant generation

Power generation in July 2024 at 14.4 billion units stayed virtually unchanged from the same period last year. To...

Published 22 Aug, 2024 08:08am

Prices of petrol, diesel slashed

ISLAMABAD: Finance Division has notified reduction in petroleum prices up to Rs8.47 per litre with effect from...

Updated 14 Aug, 2024 10:14am

Markets

Cut in petroleum prices expected

ISLAMABAD: A significant reduction in fuel prices is on the cards for Pakistani consumers. According to preliminary...

Updated 13 Aug, 2024 12:21pm

Business & Finance

US seeks 6m barrels of oil for SPR

WASHINGTON: The US is seeking to buy another 6 million barrels of oil from energy companies to help replenish the...

Published 13 Aug, 2024 07:02am

Opinion

Cost-of-living crisis lingers on despite declines in inflation

High prices of essential goods and services have become a pressing issue for the poor and vulnerable in Asia and the...

Published 12 Aug, 2024 06:36am

Govt set to reduce prices of petroleum products

ISLAMABAD: The federal government is set to reduce the prices of petrol and high-speed diesel (HSD) by a substantial...

Updated 31 Jul, 2024 09:58am

Markets

Egypt raises fuel prices as part of IMF-backed reforms

CAIRO: Egypt announced Thursday a 15-percent increase in petrol prices, part of a reform package requested by the...

Published 26 Jul, 2024 07:37am

Markets

Hike in fuel prices termed death warrant for economy

KARACHI: Sharp increase in petrol and electricity prices has taken the traders by storm amid the historic inflation,...

Published 23 Jul, 2024 07:26am

Petrol price hiked by Rs9.99, HSD’s by Rs6.18

ISLAMABAD: Federal government on Monday made a massive increase in the price of petroleum products up to Rs 9.99 per...

Updated 16 Jul, 2024 09:26am

BR Research

Fuelling around: OMCs’ rollercoaster ride in FY24

FY24 was a tumultuous year for Pakistan’s Oil Marketing Companies (OMCs), marked by significant declines in overall...

Published 03 Jul, 2024 07:01am

BR Research

Inflation: What to expect in FY25

Last year was tough as the headline inflation remained above 20 percent for the second consecutive year. The FY24...

Published 02 Jul, 2024 08:02am

Business & Finance

KCCI condemns hike in fuel prices

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while expressing sheer...

Published 02 Jul, 2024 05:07am

Petrol, HSD prices likely to increase

ISLAMABAD: Petrol and high-speed diesel (HSD) prices are likely to increase in Pakistan from July 01, 2024....

Updated 28 Jun, 2024 09:21am

Markets

Govt announces cut in petrol, diesel rates

ISLAMABAD: Federal government announces up to Rs 4.74 per liter reduction in petroleum product prices, effective ...

Published 01 Jun, 2024 06:59am

Pakistan

Govt reduces petrol price by Rs4.74, HSD’s by Rs3.86 per litre

New prices come into effect from June 1, 2024

Updated 01 Jun, 2024 12:46am

Fuel prices likely to decline again

ISLAMABAD: Fuel prices are expected to go down again. The federal government is likely to announce a decrease in...

Updated 25 May, 2024 04:20pm

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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