News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Loss-cutting targets: PM Secretariat seeks report on gas utilities’ failure

ISLAMABAD: Prime Minister Secretariat asked the Petroleum Division about the actions being taken by the two gas...

Updated 26 Jan, 2023 09:15am

Business & Finance

POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre

ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum...

Updated 25 Jan, 2023 08:56am

Fuel prices kept unchanged amid speculation

Government adjusts rates of petroleum levy (PL) with effect from today

Updated 16 Jan, 2023 09:40am

Markets

Oil prices may be kept unchanged

ISLAMABAD: Based on the existing petroleum levy (PL) and general sales tax (GST) on petroleum products, an estimated...

Published 14 Jan, 2023 06:22am

Markets

FY 2022-23: Ogra determines up to 11.5pc increase in gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has determined up to 11.5 percent increase in the prescribed...

Published 14 Jan, 2023 06:22am

Pakistan

Beneficiaries of BISP: PAC body to recover Rs19bn from govt employees’ spouses

ISLAMABAD: The Public Accounts Committee (PAC), on Thursday, constituted an inquiry committee of the Auditor General...

Published 13 Jan, 2023 06:56am

Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment

ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait...

Updated 13 Jan, 2023 08:54am

Markets

FY 2022-23: Ogra allows SNGPL, SSGCL to raise gas prices by over 74pc

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Wednesday recommended permitting two gas companies, the ...

Published 12 Jan, 2023 05:51am

Business & Finance

Pakistan Railways losses may be reduced by transporting coal, wheat: secretary

ISLAMABAD: The infrastructure losses of Rs628 billion of Pakistan Railways may be reduced by revenue generated by ...

Published 11 Jan, 2023 05:53am

Petroleum levy on HSD hiked

ISLAMABAD: After maxing out on the legislated petroleum levy on petrol at 50 rupees per litre effective 1 November,...

Updated 03 Jan, 2023 09:04am

Pakistan

Winter season: domestic consumers bracing for more gas outages

ISLAMABAD: Domestic consumers are bracing for long hours of gas outages as they are receiving supplies for only ...

Published 01 Jan, 2023 03:14am

POL products’ prices kept unchanged

ISLAMABAD: Finance Minister Ishaq Dar has announced that the government has decided to maintain the existing prices...

Updated 01 Jan, 2023 10:07am

Business & Finance

POL products: Govt may keep ex-depot prices at current level for H1

ISLAMABAD: The federal government may announce to keep the ex-depot prices of petrol and high-speed diesel (HSD) at...

Updated 31 Dec, 2022 11:41am

Cut in UfG targets in Interior Sindh, B’stan: SSGC yet to share action plan with AGP

ISLAMABAD: The Sui Southern Gas Company (SSGC) has yet to share the action plan with the Auditor General of Pakistan...

Updated 27 Dec, 2022 09:43am

Business & Finance

Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target

ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ...

Updated 17 Dec, 2022 10:04am

Business & Finance

Cut in prices of petrol, diesel announced

ISLAMABAD: Finance Minister Ishaq Dar has announced reduction in petroleum products’ prices on Thursday for the...

Updated 16 Dec, 2022 11:27am

Petrol, diesel and LNG at discounted rates: Russian ministers due next month

ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ...

Updated 06 Dec, 2022 09:33am

HSD, SKO & LDO: PL increased to generate Rs36.199bn

ISLAMABAD: The federal government has increased petroleum levy on High Speed Diesel (HSD) by 98 percent, 17 percent...

Updated 02 Dec, 2022 09:45am

Business & Finance

Rates of kerosene oil, light diesel dip

ISLAMABAD: In the fortnightly prices’ review of petroleum products, the price of kerosene oil (SKO) has been...

Updated 01 Dec, 2022 09:43am

Pakistan

Bajwa hands over baton of command to Munir

ISLAMABAD: The outgoing Chief of Army Staff General Qamar Javed Bajwa handed over the baton of command to the...

Published 30 Nov, 2022 05:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	156.38
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.26
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 13	5221.42
India Sensex / May 13	72776.13
Tokyo Nikkei / May 13	38423.88
Nasdaq / May 13	16388.24
Hang Seng / May 13	19115.06
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22

Item	Value
Crude Oil USD/Barrel / May 13	79.35
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Gold Spot USD/Ounce / May 13	2340.10
Cotton US¢/pound / May 13	77.71
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 14 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 14 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 14 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 14 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 14 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 14 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 14 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 14 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 14 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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