News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Reduction in prices of POL products: Lack of coordination creates confusion

A lack of coordination among various Divisions created confusion about the size of reduction in the prices of petroleum products for the month of September. In separate tweets, Minister for Petroleum Omar Ayub Khan and Special assistant to Prime Minister

Published 31 Aug, 2019 12:00am

OGRA recommends cut of Rs4.59 per litre in petrol price

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has recommended the government to decrease the prices of all petroleu

Published 30 Aug, 2019 01:27pm

PC briefed on NPPC sell-off

The Privatisation Commission was briefed on privatisation of National Power Parks Company Limited (NPPC) in its steering/transaction meeting held here on Monday. Federal Minister for Privatisation Mohammed Mian Soomro chaired the meeting of the Steering/T

Published 27 Aug, 2019 12:00am

PC briefed on NPPC sell-off

Published 27 Aug, 2019 12:00am

Pakistan

Commission identifies ten public sector entities for privatisation

ISLAMABAD:Privatisation Commission’s (PC) Board identified ten public sector entities (PSEs) for the privatization

Updated 27 Aug, 2019 09:10am

Business & Finance

Low level flood recorded at River Indus, Sutlej

ISLAMABAD: Low flood level has been recorded at River Indus at Guddu & Sukkur and River Sutlej at Ganda Singh Wala &

Updated 26 Aug, 2019 09:18am

Business & Finance

Parliamentary panel condemns India’s move in held Kashmir; ceasefire violations

ISLAMABAD: A parliamentary panel on Thursday strongly condemned Indian Constitutional coup and the attempt to chang

Published 22 Aug, 2019 12:28pm

Pakistan

BoI fails to operationalise single SEZ during PTI’s one year tenure

ISLAMABAD: Board of Investment’s (BoI) performance has been unable to operationalise a single Special Economic Zone

Published 21 Aug, 2019 02:01pm

Performance of SOEs dissatisfactory

Performance of state-owned entities (SOEs) was dissatisfactory during the one year of Pakistan Tehreek-e-Insaaf's (PTI) government against its claims on Sunday. The report of achievements compiled by the Privatization Division and submitted to the Prime M

Published 20 Aug, 2019 12:00am

Performance of SOEs dissatisfactory

Performance of state-owned entities (SOEs) was dissatisfactory during the one year of Pakistan Tehreek-e-Insaaf''s (PTI) government against its claims on Sunday. The report of achievements compiled by the Privatization Division and submitted to the Prime

Published 20 Aug, 2019 12:00am

Performance of SOEs dissatisfactory

Published 20 Aug, 2019 12:00am

Offices witness thin attendance after Eid holidays

Despite the end of Eid-ul-Azha holidays, offices in the Federal Capital witnessed thin attendance on Friday with more than half of the staff yet to return from their hometown despite Saturday having been notified as a working day. According to a notificat

Published 17 Aug, 2019 12:00am

LHC suspends Ogra notification of banning CNG in PSVs

The federal government has asked the Oil and Gas Regulatory Authority (OGRA) to revisit its decision of banning CNG/LPG/LNG in public service vehicles (PSVs) and suspend the decision for at least 90 days.

Published 08 Aug, 2019 12:00am

New gas connection applications stand at 2.5 million: government urged to provide RLNG to domestic consumers

A parliamentary panel has recommended the government to provide expensive re-gasified liquefied natural gas (RLNG) to domestic consumers as number of pending applications for new gas connections in Punjab and Khyber Pakhtunkhwa has reached 2.5 million. Th

Published 02 Aug, 2019 12:00am

Up to 10 percent hike announced in POL products'' prices

Federal government Wednesday night announced up to 10 percent increase in petroleum products'' prices for August following the recommendation of the Oil and Gas Regulatory Authority (Ogra). The government has approved an increase of Rs5.15 per litre in Mo

Published 01 Aug, 2019 12:00am

Up to 10 percent hike announced in POL products' prices

Federal government Wednesday night announced up to 10 percent increase in petroleum products' prices for August following the recommendation of the Oil and Gas Regulatory Authority (Ogra). The government has approved an increase of Rs5.15 per litre in Mot

Published 01 Aug, 2019 12:00am

Up to 10 percent hike announced in POL products' prices

Published 01 Aug, 2019 12:00am

Markets

Higher degree courses: EU delegation sends off 100 students to European institutions

The delegation of the European Union to Pakistan organised on Tuesday an event to send off the 100 member students, the largest ever group of Pakistani students who are recipients of scholarship funded by the Erasmus programme, to European institutions fo

Published 31 Jul, 2019 12:00am

Markets

Senate body meets: Fluctuation in procuring LNG prices questioned

A parliamentary panel was informed on Monday that fluctuation in prices of liquefied natural gas (LNG) during spot purchase is much higher than LNG purchase under long-term commercial agreements. Senate Standing Committee on Petroleum met under Senator Mo

Published 30 Jul, 2019 12:00am

Pakistan seeks convening of TIFA meeting

Pakistan will seek engagement with the United States in the economic and trade arena, while emphasizing the need for early convening of the next round of Trade and Investment Framework Agreement (TIFA) meeting during the ongoing visit of Prime Minister Im

Published 23 Jul, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Petrol/Litre / May 14	288.49
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Diesel/Litre / May 14	281.96

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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