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GAS

Ogra notifies RLNG price cut for SNGPL, SSGCL

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price...

Published 21 Dec, 2024 08:37am

Markets

SSGC’s operation girift: 4,962 illegal connections removed

KARACHI: Sui Southern Gas Company (SSGC) launched its operation girift campaign in 2016, with the objectives to...

Published 21 Dec, 2024 08:26am

Pakistan

Gas issue: Sharjeel asks Centre to take notice

KARACHI: Senior Minister of Sindh Sharjeel Inam Memon has said that the federal government should take immediate and...

Published 21 Dec, 2024 06:24am

$1.23bn gas drilling carried out in 3 years, Senate panel told

ISLAMABAD: A parliamentary panel on Thursday was apprised that the gas drilling has been carried out at 56 different...

Updated 20 Dec, 2024 11:45pm

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

Pakistan

Sindh opposes increase in gas prices

KARACHI: Sindh Energy Minister Nasir Hussain Shah has rejected OGRA’s decision to increase gas prices, calling it...

Updated 19 Dec, 2024 08:49am

Ogra recommends significant hike in gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended a significant hike in gas prices for both gas...

Updated 18 Dec, 2024 08:56am

Markets

SSGC says rehabilitating aging gas distribution infrastructure

KARACHI: Sui Southern Gas Company (SSGC) is currently engaged in the rehabilitation of its aging gas distribution...

Published 17 Dec, 2024 08:16am

Sindh demands end to gas load-shedding, low pressure

KARACHI: Sindh Energy Minister Nasir Hussain Shah has directed the Secretary of Energy to write a letter to the...

Updated 07 Dec, 2024 09:09am

Markets

US natural gas up

NEW YORK: US natural gas futures edged up about 1% on Thursday on forecasts for cooler weather and more heating...

Published 06 Dec, 2024 06:58am

Editorials

Petroleum industry: a messy corner of economy

EDITORIAL: Petroleum sales have picked up and reached a 25-month high in November. The increase is attributed mainly...

Updated 06 Dec, 2024 08:00am

PM’s plants conversion claim not accepted: Phasing out gas, FO could save $3bn per year: China

ISLAMABAD: China has reportedly rejected Prime Minister Shehbaz Sharif’s claim that converting imported coal power...

Updated 22 Nov, 2024 02:48pm

Markets

US natgas prices slid 2pc on mild weather and lower demand

NEW YORK: US natural gas futures slid about 2% on Tuesday on forecasts for mild weather and less heating demand over...

Published 20 Nov, 2024 07:46am

Schlumberger selected for tight gas evaluation study

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) had announced an international tender for “integrated...

Updated 20 Nov, 2024 03:16pm

Petroleum Div for selling 100mmcfd gas to third party

ISLAMABAD: Petroleum Division has prepared a summary for the Executive Committee of National Economic Council...

Updated 20 Nov, 2024 09:24am

Markets

Consumers in Pindi enjoying adequate supply of gas: SNGPL

ISLAMABAD: Consumers of Rawalpindi city are enjoying adequate supply of gas. Round the clock (24/7) complaints...

Published 19 Nov, 2024 08:00am

Sale of 35pc of unallocated gas: Govt strikes deal to submit framework to Ecnec

ISLAMABAD: The high-powered committee of the federal government reached an in-principle agreement to submit a...

Updated 19 Nov, 2024 03:12pm

Markets

Russia cuts gas to Austria in payment dispute, keeps EU flows

MOSCOW: Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping steady...

Published 17 Nov, 2024 05:55am

Opinion

Disconnecting captive power: balancing between costs and efficiency

The more one writes about Pakistan’s energy sector mess, the less it seems to cover. The latest issue involves the...

Updated 11 Nov, 2024 07:21am

No gas for CPPs as per IMF terms: MoC moves PM for reversal of decision

ISLAMABAD: The Commerce Ministry has approached the Prime Minister for reversal of federal government’s decision to...

Updated 08 Nov, 2024 09:47am

Badin-IV South Block: Alleged sale of gas thru unlicensed co irks Senate panel

ISLAMABAD: A parliamentary panel, on Friday, showed serious concern over alleged third party sale of gas in the...

Updated 02 Nov, 2024 03:09pm

Markets

Czechs buy gas from Algeria

PRAGUE: The Czech Republic has started to import gas from Algeria in a bid to offset supplies from Russia as it...

Published 01 Nov, 2024 07:15am

Markets

Russia’s gas output up 8.9% to 516.6 bcm in Jan-Sept, Kommersant says

MOSCOW: Russia’s natural gas production in January-September rose 8.9% from a year earlier to 516.6 billion cubic...

Published 29 Oct, 2024 12:33pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 29.224 billion...

Published 29 Oct, 2024 03:27am

Business & Finance

PTEA assails govt for disconnecting gas supply to CPPs

ISLAMABAD: Pakistan Textile Exporters Association (PTEA) has condemned the government’s decision to discontinue ...

Published 26 Oct, 2024 05:55am

Sindh asks Centre to increase supply of natural gas

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that Sindh is currently the largest gas producing...

Published 23 Oct, 2024 06:22am

Markets

IMF suggests gradually adjusting the tariff structure while implementing direct cash transfers through the Benazir Income Support Programme to protect vulnerable households

Updated 12 Oct, 2024 09:35pm

Markets

SSGC continues raids against gas theft miscreants

KARACHI: SSGC continued to tighten the noose on gas theft miscreants through multiple targeted raids in its ...

Published 04 Oct, 2024 07:55am

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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