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fuel prices

JI seeks 50pc cut in petrol levy

KARACHI: City Chief of Jamaat-e-Islami, Monem Zafar Khan on Monday urged the government to implement a 50 percent ...

Published 31 Dec, 2024 06:32am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.60 ▲ 0.40 (12.50%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.34 ▲ 0.88 (11.80%)
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	12.85 ▼ -1.18 (-8.41%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	225.25 ▼ -19.75 (-8.06%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.91 ▼ -1.33 (-7.29%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Asia Ins. / Jan 21 Asia Insurance Company Limited(ASIC)	12.61 ▼ -0.90 (-6.66%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)

Stock	Volume
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	61,474,182 ▲ 0.19
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.10
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.05
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	41,692,696 ▲ 1.60
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	35,242,719 ▲ 0.20
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.08
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.43
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -3.00
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.20

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