Trends - fuels - Business Recorder

fuels

Fertilizer plants: Subsidised gas supply fuels circular debt

Federal Cabinet discusses issue of supply of gas to local fertilizer industry

Updated 30 Dec, 2024 02:43pm

Opinion

LPG adulteration

The Oil and Gas Regulatory Authority (Ogra) oversees Pakistan’s gas sector, including Liquefied Petroleum Gas...

Published 19 Dec, 2024 06:38am

Business & Finance

US says LNG pause will not impact relations with allies

WASHINGTON: US Energy Secretary Jennifer Granholm said on Wednesday the government’s pause on approvals of exports...

Published 22 Feb, 2024 06:55am

Opinion

‘Transitioning away’ from fossil fuels

COP28 has ended with a compromise solution. There was one side, led by the developed countries, and climate ...

Updated 19 Dec, 2023 05:43am

World

Climate summit adopts world-first ‘transition’ from fossil fuels

DUBAI: Nearly 200 nations meeting in Dubai on Wednesday approved a first-ever call for the world to transition away...

Published 14 Dec, 2023 05:24am

Business & Finance

Aramco to acquire 40pc stake in GO Pakistan

KARACHI: Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive...

Published 13 Dec, 2023 05:33am

Business & Finance

China fuels increase in global oil demand: IEA

PARIS: World oil demand will rise slightly more than expected this year as China’s appetite for the fossil fuel ...

Published 15 Nov, 2023 06:09am

World

UK permits ‘world-first’ flight powered by sustainable fuels

LONDON: Britain’s aviation regulator announced Monday it has issued Virgin Atlantic with a permit for a...

Published 07 Nov, 2023 06:33am

Opinion

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy...

Published 21 Sep, 2023 06:37am

NPCC submits Jul-Sep fuel requirements

ISLAMABAD: National Power Control Centre (NPCC), the System Operator (SO) of power sector, has submitted fuel (RFO...

Updated 26 Jun, 2023 09:23am

LNG deal with Azerbaijan to help end gas crisis by next winter: Musadik

ISLAMABAD: State Minister for Petroleum Musadik Malik Wednesday assured that Pakistan’s Liquefied Natural Gas (LNG)...

Updated 22 Jun, 2023 08:59am

FY24 budget: RRMC recommends cashless purchases at petrol pumps

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has recommended that petrol stations across the...

Updated 26 May, 2023 12:53pm

Markets

Refineries forced to export products as power plants not lifting FO

ISLAMABAD: Power plants are reportedly not lifting furnace oil as per firm demand due to which refineries are...

Published 24 May, 2023 05:57am

PD prepares concept note to develop roadmap for green hydrogen

ISLAMABAD: Petroleum Division (PD) has prepared a concept note to develop a wide roadmap for green hydrogen in the...

Updated 09 May, 2023 09:14am

PM for removing impediments to import of solar panels, other parts

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed for fast implementation of solarization project in ...

Updated 20 Apr, 2023 08:33am

Business & Finance

Moody’s outlook downgrade fuels split reaction in Israel

OCCUPIED JERUSALEM: Israel’s finance minister on Sunday said Moody’s decision to cut the outlook for Israel’s...

Published 17 Apr, 2023 06:41am

Markets

Need stressed for exploring chances of importing fuel from neighbouring countries

ISLAMABAD: Coordinator to Federal Tax Ombudsman Meher Kashif Younis Sunday urged the need for exploring the...

Published 20 Feb, 2023 06:26am

Business & Finance

Govt asks OMCs to ensure supply of fuel

ISLAMABAD: State Minister for Energy (Petroleum Division) Musadik Malik on Wednesday negated the rumours that...

Published 09 Feb, 2023 06:02am

Country braces for fuel shortages?

KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating...

Updated 01 Feb, 2023 08:54am

Markets

Asia spot 380-cst HSFO extends gains

SINGAPORE: Asia’s spot cash differential for 380-cst high sulphur fuel oil (HSFO) extended gains to a second...

Published 18 Jan, 2023 06:22am

Business & Finance

Fuel talks with Russia begin today

ISLAMABAD: Pakistan will hold bilateral talks with a Russian delegation on Tuesday, on long-term oil and liquefied...

Published 17 Jan, 2023 07:05am

BR Research

Heating price disparity must end

The northern part of the country has now long been used to of gas pressure and supply issues in winters. This ...

Published 12 Dec, 2022 09:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 21	280.92
USD PKR Interbank Buying / Apr 21	280.72
USD to Japanese Yen / Apr 21	140.83
USD to Swiss Franc / Apr 21	0.81
Pound Sterling to USD / Apr 21	1.34
Euro to USD / Apr 21	1.15
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
Nasdaq / Apr 17	16,286.45
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
India Sensex / Apr 21	21,395.14
Tokyo Nikkei / Apr 21	34,356.93
Hang Seng / Apr 21	79,442.98

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Crude Oil USD/Barrel / Apr 21	63.76
Gold Spot USD/Ounce / Apr 21	3,389.31
Cotton US¢/pound / Apr 21	67.13
Petrol/Litre / Apr 22	254.63
Diesel/Litre / Apr 22	258.64

Gainers
Losers
Leaders

Stock	Price
Quice Food / Apr 21 Quice Food Industries Limited(QUICE)	7.53 ▲ 1 (15.31%)
Beco Steel Ltd / Apr 21 Beco Steel Limited(BECO)	10.16 ▲ 0.94 (10.2%)
Saritow Spinning / Apr 21 Saritow Spinning Mills Limited(SSML)	16.79 ▲ 1.53 (10.03%)
Power Cem(Pref) / Apr 21 Power Cement (Pref)(POWERPS)	16.48 ▲ 1.5 (10.01%)
Crescent Steel / Apr 21 Crescent Steel & Allied Products Limited(CSAP)	128.69 ▲ 11.7 (10%)
Diamond Ind. / Apr 21 Diamond Industries Limited(DIIL)	27.73 ▲ 2.52 (10%)
EMCO Industries / Apr 21 Emco Industries Limited(EMCO)	36.29 ▲ 3.3 (10%)
K.S.B.Pumps / Apr 21 KSB Pumps Company Limited(KSBP)	184.40 ▲ 16.76 (10%)
Nagina Cot. / Apr 21 Nagina Cotton Mills Limited(NAGC)	54.98 ▲ 5 (10%)
National Silk / Apr 21 The National Silk & Rayon Mills Limited(NSRM)	35.20 ▲ 3.2 (10%)

Stock	Price
Pak Reinsurance / Apr 21 Pakistan Reinsurance Company Limited(PAKRI)	13.45 ▼ -2.45 (-15.41%)
Arpak Int. / Apr 21 Arpak International Investments Ltd.(ARPAK)	61.41 ▼ -6.54 (-9.62%)
Samba Bank / Apr 21 Samba Bank Limited(SBL)	9.07 ▼ -0.9 (-9.03%)
NBP PGETF / Apr 21 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	21.51 ▼ -1.76 (-7.56%)
Dewan Automotive Eng. / Apr 21 Dewan Automotive Engineering Limited(DWAE)	32.93 ▼ -2.64 (-7.42%)
Bela Auto / Apr 21 Bela Automotives Limited(BELA)	151.60 ▼ -12.05 (-7.36%)
UDL International / Apr 21 UDL International Limited(UDLI)	7.80 ▼ -0.62 (-7.36%)
Leiner Pak Gelat / Apr 21 Leiner Pak Gelatine Limited(LPGL)	112.52 ▼ -8.89 (-7.32%)
Kohinoor Mills / Apr 21 Kohinoor Mills Limited(KML)	30.93 ▼ -2.44 (-7.31%)
Next Capital / Apr 21 Next Capital Limited(NEXT)	7.36 ▼ -0.58 (-7.3%)

Stock	Volume
Cnergyico PK / Apr 21 Cnergyico PK Limited(CNERGY)	103,028,410 ▲ 0.01
Power Cement / Apr 21 Power Cement Limited(POWER)	62,587,267 ▲ 1.23
B.O.Punjab / Apr 21 The Bank of Punjab(BOP)	42,587,808 ▲ 0.25
Sui South Gas / Apr 21 Sui Southern Gas Company Limited(SSGC)	29,216,804 ▲ 0.9
Sui North Gas / Apr 21 Sui Northern Gas Pipelines Limited(SNGP)	28,845,690 ▲ 10.7
Fauji Foods Ltd / Apr 21 Fauji Foods Limited(FFL)	27,776,861 ▲ 0.64
Maple Leaf Cement / Apr 21 Maple Leaf Cement Factory Limited(MLCF)	25,090,099 ▲ 3.93
Pak Int.Bulk / Apr 21 Pakistan International Bulk Terminal(PIBTL)	23,630,998 ▼ -0.03
Pak Elektron / Apr 21 Pak Elektron Limited(PAEL)	21,655,133 ▲ 1.29
Fauji Cement / Apr 21 Fauji Cement Company Limited(FCCL)	16,149,277 ▲ 0.34

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