Trends - OCAC - Business Recorder

OCAC

Policy inconsistencies major obstacle to investment

EDITORIAL: Policy inconsistencies and delays are the biggest impediments to investment. Irrespective of who is in...

Published 10 Jan, 2025 03:51am

Downstream oil sector deregulation: OCAC refuses to endorse any future road map

ISLAMABAD: The Oil Companies Advisory Committee (OCAC) has issued a strong statement, asserting that the oil...

Updated 07 Jan, 2025 12:53pm

Markets

Punjab, ICT: OCAC seeks facilitation in POL transportation

ISLAMABAD: Oil Companies Advisory Council (OCAC) has requested the Punjab and Federal Capital administrations to...

Published 26 Nov, 2024 06:59am

Markets

Ogra organises workshop

ISLAMABAD: In a significant move to enhance transparency, accountability, and operational efficiency in Pakistan’s...

Updated 15 Nov, 2024 07:38am

PD misses SIFC deadline to resolve issues facing oil refineries

ISLAMABAD: The Petroleum Division could not address oil refineries obstacles by November 10th, as mandated by the...

Updated 12 Nov, 2024 02:35pm

Business & Finance

Surplus of HSD stock: PSO asked to re-evaluate HSD quantities contracted with Kuwait Petroleum Company

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed Pakistan State Oil (PSO) to reevaluate the...

Updated 04 Sep, 2024 08:49am

OCAC opposes Ogra decisions to permit additional HSD imports

KARACHI: Repeated decisions of Oil and Gas Regulatory Authority (Ogra) to permit additional HSD imports amidst...

Updated 01 Sep, 2024 09:35am

Ogra urged to conduct probe: OCAC concerned at discounted sale of imported oil by OMC

ISLAMABAD: The Oil Companies Advisory Council (OCAC) has expressed its concern over the sale of imported oil at...

Updated 04 Aug, 2024 09:58am

Exchange rate adjustment: Ogra endorses PSO’s claim

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has endorsed Pakistan State Oil’s claim for an exchange rate...

Updated 17 May, 2024 09:11am

Editorials

Oil smuggling

EDITORIAL: It’s shocking that at least 4,000 MT of smuggled oil still finds its way into Pakistan every day,...

Published 30 Mar, 2024 04:58am

Business & Finance

OCAC urges govt to dismantle smuggling network

ISLAMABAD: The Oil Companies Advisory Council (OCAC) has urged the government to extend support to aggressively...

Updated 26 Mar, 2024 09:44am

Amended oil refinery policy notified

Refineries’ upgradation will bring in an investment of US $5-6 billion and not only result in cleaner environment-friendly fuels but also major savings of precious foreign exchange

Updated 25 Feb, 2024 10:44pm

Pakistan

OCAC election

ISLAMABAD: The Oil Companies Advisory Council (OCAC), on Monday, elected Adil Khattak, Chief Executive Officer (CEO)...

Published 02 Jan, 2024 05:21am

Markets

HSD, petrol: Ogra accepts claim of PSO exchange rate adjustment

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) accepted the claim of Pakistan State Oil (PSO) exchange rate...

Published 17 Nov, 2023 06:06am

Pakistan

Countrywide strike: Govt to hold talks with OTCA, OCAC representatives today

ISLAMABAD: The newly-appointed secretary petroleum has scheduled a meeting with the representatives of the Oil...

Published 20 Sep, 2023 06:28am

Business & Finance

Current Ogra pricing: Exchange rate adjustment for PSO not incorporated: OCAC

ISLAMABAD: The Oil Companies Advisory Council (OCAC) says that the exchange rate adjustment for Pakistan State Oil...

Published 07 Sep, 2023 06:21am

Business & Finance

Govt hikes petrol and HSD prices, albeit ‘reluctantly’

ISLAMABAD: The coalition government of Pakistan Muslim League-Nawaz (PML-N) has allowed a significant raise of ...

Published 02 Aug, 2023 06:47am

Business & Finance

HSD price cut: Ogra says has no mandate to review or amend govt policy

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil...

Updated 21 Jul, 2023 08:56am

Markets

Cut in HSD price controversy: OCAC says stands by its stance

ISLAMABAD: The Oil Companies Advisory Council (OCAC) stands by its stance that the Oil and Gas Regulatory Authority...

Published 20 Jul, 2023 03:12am

Business & Finance

OCAC renovated office inaugurated

KARACHI: The Oil Companies Advisory Council (OCAC) celebrated the grand inauguration of its renovated office. Dr...

Published 19 Jul, 2023 03:21am

OCAC assails Ogra’s HSD price cut decision

ISLAMABAD: The Oil Companies Advisory Council (OCAC) blamed the Oil and Gas Regulatory Authority (OGRA) that forced...

Updated 18 Jul, 2023 08:59am

Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders

ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s...

Updated 28 Jun, 2023 09:01am

PBS statement full of mistakes: economist

ISLAMABAD: Realistic projections for the current year indicate that GDP growth will be negative 4 percent against...

Updated 29 May, 2023 08:55am

BR Research

Petroleum imports slide

Consumption of petroleum products in the country has been on a downward trajectory. Weak economic activity amid...

Published 26 May, 2023 08:54am

Jul-Mar LSMI output declines 8.11pc YoY

ISLAMABAD: The Large Scale Manufacturing Industry (LSMI) output has declined by 8.11 percent during July-March...

Updated 16 May, 2023 09:25am

BR Research

Petroleum imports slump

Petroleum consumption has been on a decline in the country for obvious reasons. Demand destruction for petroleum...

Published 14 Apr, 2023 08:52am

Ogra discusses exchange rate adjustment mechanism with OMCs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on...

Published 25 Mar, 2023 06:25am

Business & Finance

Ogra convenes meeting on exchange rate mechanism

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has convened a meeting to brief and align all the ...

Published 18 Mar, 2023 06:14am

Editorials

Oil supply: risks must not be downplayed

EDITORIAL: The supply chain in various industries is at the risk of choking under import restrictions by State Bank...

Updated 14 Mar, 2023 10:29pm

Markets

OGRA calls for action against hoarders of petrol, diesel in Punjab

Development comes amid reports that POL products are in short supply in different cities of Punjab

Published 08 Feb, 2023 05:36pm

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
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%)
Orient Rental / Jan 21 Orient Rental Mod(ORM)	8.85 ▲ 0.85 (10.62%)
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%)
Suraj Cotton / Jan 21 Suraj Cotton Mills Limited(SURC)	137.90 ▲ 12.54 (10.00%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	515.02 ▼ -54.94 (-9.64%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
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%)
Shadab Textile / Jan 21 Shadab Textile Mills Limited(SHDT)	21.11 ▼ -1.46 (-6.47%)
Saritow Spinning / Jan 21 Saritow Spinning Mills Limited(SSML)	9.30 ▼ -0.63 (-6.34%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.14
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.30
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.03
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	40,874,327 ▲ 1.64
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	32,421,306 ▲ 0.25
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▲ 0.02
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.11
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.30
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.70

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