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PSO

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

Business & Finance

Talks under way to import Russian oil: minister

ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by...

Published 05 Dec, 2024 06:47am

Markets

HSD, petrol prices unchanged: Govt reduces adjustments in exchange rate, IFEM components

ISLAMABAD: The government has decided against implementing a significant increase in fuel prices as recommended by...

Published 17 Nov, 2024 05:10am

Business & Finance

EMIs and PSOs/PSPs: SBP gives approval to two entities

KARACHI: The State Bank of Pakistan (SBP) has given in-principle approval to two entities namely M/s Toko Lab ...

Published 06 Nov, 2024 05:50am

ECC approves circular debt management plan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved circular debt management plan...

Updated 05 Nov, 2024 09:29am

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

Business & Finance

PSO earns Rs15.9bn profit after tax in FY23-24

KARACHI: Pakistan State Oil (PSO), the nation’s leading energy company, successfully convened its 48th Annual...

Published 25 Oct, 2024 06:28am

Business & Finance

CBD Punjab secures Rs81m annual lease for petrol pump site

LAHORE: The Punjab Central Business District Development Authority (PCBDDA), commonly known as Central Business...

Updated 16 Oct, 2024 07:45am

Effective Oct 16: Substantial increase in fuel prices likely

ISLAMABAD: Consumers may face a substantial increase in fuel prices, with estimates suggesting a potential rise of...

Updated 13 Oct, 2024 09:28am

Markets

Sale of petroleum products jumps 20% in September amid higher demand

Sale of total petroleum products in Pakistan clocked in at 1.27 million tons in September, an increase of 20% on a...

Updated 02 Oct, 2024 10:43pm

MPs for closure of refineries using Euro-2 standard

ISLAMABAD: A parliamentary panel on Thursday called for the closure of oil refineries producing Euro-2 and below...

Updated 27 Sep, 2024 09:12am

Exchange rate for calculating petroleum prices adjusted

ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from...

Updated 17 Sep, 2024 03:34pm

Business & Finance

Jul-Aug oil sales decline 12pc to 2.4m tons YoY

KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales decreased by 14 percent on year-on-year basis to 1.21...

Published 04 Sep, 2024 06:38am

Markets

Sale of petroleum products plunges 14% in August amid smuggling from Iran

Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%...

Updated 03 Sep, 2024 09:43pm

BR Research

PSO FY24: Robust earnings despite volume decline

Marked by significant improvements in profitability, Pakistan State Oil Company Limited (PSX: PSO) posted a strong...

Published 02 Sep, 2024 09:27am

Business & Finance

PSO reports Rs15.9bn PAT in FY24

KARACHI: PSO, the nation’s largest energy company, showcased impressive financial performance and strategic ...

Published 28 Aug, 2024 06:22am

Markets

PSO’s profit doubles, clocks in at Rs19.6bn in FY24

Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) doubled, clocking in at Rs19.65 billion for the...

Updated 27 Aug, 2024 05:54pm

Lift HSD or face consequences, Ogra warns PSO and others

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday warned the Oil Marketing Companies (OMCs)...

Updated 23 Aug, 2024 09:02am

Continuous supply of 150MMCFD RLNG to KE: SNGPL urges PPL to explore possibility

ISLAMABAD: The Sui Northern Gas Pipeline Company (SNGPL) has warned that less retention of Re-gasified Liquefied...

Updated 05 Aug, 2024 09:04am

Business & Finance

July petroleum sales dip 11pc to 1.2m tons yoy

KARACHI: The total sales of petroleum products in the country have declined by 11 percent on year-on-year basis to...

Updated 03 Aug, 2024 08:58am

Business & Finance

HSD and petrol: FD allows PSO to make exchange rate adjustment

ISLAMABAD: The Finance Division has allowed Pakistan State Oil (PSO) Rs1.72 per litre exchange rate adjustment on...

Published 02 Aug, 2024 05:55am

Refinery project: Sinopec, Aramco not satisfied with PSO data

ISLAMABAD: M/s Sinopec, China’s Petroleum Refineries Company, and Saudi giant, M/s Aramco, are reportedly not...

Updated 27 Jul, 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

Editorials

Gas sector problems

EDITORIAL: As if the power sector’s chronic circular debt wasn’t bad enough – just one of the many completely...

Published 21 Jul, 2024 03:29am

SNGPL seeks PD’s help to deal with surplus RLNG

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has sought intervention from Director General (Gas)...

Updated 19 Jul, 2024 08:49am

Opinion

Addressing gas sector circular debt: causes and solutions

The gas sector in Pakistan, which was relatively stable until 2013, has since faced the substantial challenge of...

Updated 12 Jul, 2024 08:32am

Pakistan

Petrol pumps partially shut in KP

PESHAWAR: Likewise other parts of the country, petroleum dealers on Friday observed a partial strike in Peshawar and...

Published 06 Jul, 2024 06:48am

Pakistan

Shortage of petrol likely at some places

ISLAMABAD: People may face a shortage of petrol in some places in the country following a countrywide strike on July...

Published 05 Jul, 2024 03:17am

Business & Finance

‘PSO Shaheen Program’ launched

KARACHI: Pakistan State Oil (PSO), the nation’s leading Energy Company has announced the launch of the PSO Shaheen...

Published 26 Jun, 2024 03:15am

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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