Trends - Pakistan State Oil - Business Recorder

Pakistan State Oil

PSO holds Iftar gathering at SOS Village

KARACHI: Pakistan State Oil (PSO) has hosted an Iftar gathering with SOS Village residents at their vicinity in...

Published 24 Mar, 2025 07:10am

Business & Finance

Musadik Malik unveils govt’s strategy for energy independence through innovation

Minister for Petroleum, Musadik Malik, announced that the government was implementing a comprehensive strategy to...

Updated 20 Feb, 2025 09:58pm

Until JV firm is formed: PSO to leverage SOCAR’s network in Singapore

ISLAMABAD: Pakistan State Oil (PSO) is to use traders/clients of State Oil Company of the Azerbaijan Republic...

Updated 20 Feb, 2025 09:18am

BR Research

PSO in 1HFY25

Pakistan State Oil (PSX: PSO) has demonstrated resilience in its financial performance for the first half of FY25...

Published 14 Feb, 2025 08:59am

BR Research

Interview with Mohsin Ali Mangi, Chief Strategy & Technology Officer - PSO

‘The refinery expansion project is a low-risk brownfield development with assured offtake’ Mohsin Ali Mangi is a...

Published 13 Jan, 2025 07:45am

BR Research

Pakistan State Oil

Pakistan State Oil (PSX: PSO) is the largest oil marketing company (OMC) in the country, commanding the highest...

Published 06 Jan, 2025 08:42am

Business & Finance

Careem partners with PSO to simplify Captains’ journey

KARACHI: Careem and Pakistan State Oil (PSO) have collaborated to offer PSO’s products and services on discounts ...

Published 06 Dec, 2024 09:00am

Business & Finance

PSO witnesses decrease in supply cost

ISLAMABAD: Pakistan State Oil (PSO) witnessed a decrease in the cost of supplying fuel; however, the government...

Published 02 Nov, 2024 06:15am

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

BR Research

Pakistan State Oil

Pakistan State Oil (PSO) is the largest marketing company and has the largest market share in the OMC sector. It is...

Published 24 Jul, 2024 07:44am

Markets

Equity swap only option to address circular debt issue, says PSO

The management of Pakistan State Oil (PSO), the country’s largest oil-marketing company (OMC), believes equity swap...

Updated 24 Jun, 2024 09:22pm

Markets

PSO & Railways inaugurate fuel management system

KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ...

Published 20 Apr, 2024 04:18am

PSO says LNG business ‘bleeding’ its resources

ISLAMABAD: Pakistan State Oil (PSO) has claimed that LNG (Liquefied Natural Gas) business is bleeding its financial...

Updated 19 Mar, 2024 09:20am

Business & Finance

Recovery from PIA: PSO receiveables soar to Rs 21.7bn

ISLAMABAD: The Pakistan State Oil (PSO) has proposed the imposition of a levy of upto Rs4 per litre on Jet-A1 to...

Updated 07 Mar, 2024 09:50am

Business & Finance

HSD cargoes’ import: PSO granted exclusive rights

ISLAMABAD: Pakistan State Oil (PSO) has been granted exclusive rights for importing high-speed diesel (HSD) cargoes...

Published 23 Jan, 2024 05:14am

Business & Finance

PL rate on HOBC fuel kept unchanged

ISLAMABAD: Interim government has kept Petroleum Levy (PL) rate on Hi-Octane blending component (HOBC) fuel...

Updated 18 Jan, 2024 09:30am

Receivables of PSO against PIA reach Rs27.5bn

ISLAMABAD: The accumulated receivable of state-owned Pakistan State Oil (PSO) has reached Rs27.512 billion including...

Updated 09 Dec, 2023 09:10am

BR Research

Pakistan State Oil

Pakistan State Oil (PSO) is the largest marketing company, and has the largest market share in the OMC sector. It is...

Published 22 Nov, 2023 08:10am

Pakistan

PIA cancels 349 flights over fuel row

ISLAMABAD: Pakistan International Airlines (PIA) has canceled 349 flights in the last two weeks due to a shortage of...

Published 26 Oct, 2023 05:41pm

Business & Finance

PSO restores fuel supply to at least 20 PIA flights

ISLAMABAD: Pakistan State Oil (PSO) restored fuel supply to at least 20 flights of Pakistan International Airlines...

Updated 24 Oct, 2023 08:40am

Markets

PSO’s profit up nearly 1074% in 1QFY24 amid higher sales

Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) witnessed an exponential increase of nearly 1074%,...

Updated 20 Oct, 2023 10:05pm

$10bn refinery: PSO interacting with Bank of China/Sinopec

ISLAMABAD: Pakistan State Oil (PSO) is reportedly interacting with Bank of China/Sinopec for establishment of either...

Updated 10 Oct, 2023 09:52am

Business & Finance

PSO receivables reach all-time high of Rs740bn

ISLAMABAD: The Pakistan State Oil’s (PSO) receivables reached an all-time high of Rs740 billion, with the Sui...

Updated 24 Aug, 2023 09:33am

Pakistan

PSO launches ration- distribution drive

KARACHI: Living up to its core values of caring and giving, Pakistan State Oil (PSO) launched a nationwide ration...

Published 12 May, 2023 05:59am

Business & Finance

Hubco: PSO’s receivables exceed Rs25.33bn

ISLAMABAD: Pakistan State Oil’s receivables against Hub Power Company (Hubco) have piled up to over Rs25.33...

Published 15 Apr, 2023 06:19am

Too tight fiscal space: MoF bans SGs, subsidies

Cites limited fiscal space and cap on expenditures as reasons

Updated 21 Mar, 2023 09:02am

PSO suggests Rs10/litre levy to avert default

ISLAMABAD: While claiming it is on the brink of collapse, Pakistan State Oil (PSO), state-owned energy marketing...

Updated 16 Mar, 2023 09:57am

First half of March: Fuel prices may be kept unchanged by adjusting PL

ISLAMABAD: The federal government may keep the prices of fuel unchanged in the first half of March (1-15) by...

Updated 28 Feb, 2023 09:35am

BR Research

PSO – inventory losses diminish earnings

While the oil marketing companies had seen robust sales of petroleum products in most of FY22, the petroleum sales...

Published 20 Feb, 2023 09:09am

PSO receivables reach Rs734bn

ISLAMABAD: The receivables of Pakistan State Oil (PSO) have reached Rs 734 billion including Rs 163 billion late...

Updated 18 Feb, 2023 08:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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Pakistan State Oil

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