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National Development and Reform Commission

China’s Xiaomi wins state planner nod to make EVs amid glut in autos

HONG KONG: Xiaomi Corp has won the approval of China’s state planner to manufacture electric vehicles (EVs), said...

Published 23 Aug, 2023 11:44am

Business & Finance

China says will craft policies to help economy, improve child care

BEIJING: China’s state planning body and finance ministry on Thursday said they will craft policies aimed at...

Published 16 Feb, 2023 10:07am

Markets

Dalian iron ore tumbles as China scrambles to cool price rally

China's iron ore futures slumped on Monday, after last week's rally that sent the steelmaking ingredient to its...

Published 14 Feb, 2022 09:59am

Markets

China coal prices claw back after Beijing signals pacing down price drive

Traders take cue from a meeting earlier on Wednesday as the country's top economic planner says prices should not fall too much too fast

Published 03 Nov, 2021 07:33pm

Business & Finance

China targets 1.8% cut in average coal use at power plants by 2025

BEIJING: China flagged on Wednesday it is targeting a 1.8% reduction in average coal use for electricity generation...

Published 03 Nov, 2021 07:15pm

Markets

China eases power crunch with boost to coal production

BEIJING: China said it has increased daily coal production by over one million tonnes, easing its energy shortage as...

Published 02 Nov, 2021 09:27am

Markets

China to release over 10m tonnes of coal from reserves

BEIJING: China will release more than 10 million tonnes of coal from state reserves to ensure steady supply to the...

Published 16 Jul, 2021 04:34am

Markets

China's 2020 power consumption grows 3.1% despite COVID-19 disruption

In 2019, China consumed a total of 7.23 trillion kilowatt hours (kWh).

Published 19 Jan, 2021 11:00am

Business & Finance

China to support economic recovery, avoid 'policy cliff'

China is likely to cool credit growth and scale back fiscal stimulus this year to help stabilise debt levels, but policymakers are likely to tread cautiously to avoid derailing the recovery, policy insiders said.

Published 19 Jan, 2021 10:17am

Markets

China's Dec LNG imports hit monthly record of over 9mn T

This in turn is leading to spot LNG prices rising to multi-year highs.

Published 31 Dec, 2020 10:27am

Markets

China's 2020 crude oil production to reach 3.87mn bpd

Natural gas production in China is meanwhile set to exceed 186 billion cubic meters this year, Zhang was cited as saying at an energy work conference, up at least 7.1% from 2019.

Published 23 Dec, 2020 10:14am

Business & Finance

China reduces items on the negative list for market access

Among the changes, foreign companies are now allowed to explore for, and produce, oil and gas in China. The restriction on foreign firms seeking to carry out carbon emission assessment in China was also lifted.

Published 16 Dec, 2020 10:15am

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 23	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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