News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Published 30 Jun, 2019 12:00am

Babar Awan likely to stage his come back as special assistant to PM

Prime Minister Imran Khan is reportedly considering giving Babar Awan the position of special assistant, possibly of Information, with the status of minister of state after passage of annual budget, sources said. "The matter of Babar Awan's appointment as

Published 29 Jun, 2019 12:00am

Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

A number of senior citizens are facing problems in the biometric verification of their bank accounts as fingerprints are difficult to capture as skin loses its elasticity with age, a survey conducted by Business Recorder reveals.

Published 22 Jun, 2019 12:00am

Swedish embassy hosts National Day reception

The Embassy of Sweden hosted a reception on the occasion of the National Day of Sweden. Ambassador of Sweden Ingrid Johansson welcomed the government dignitaries, diplomats, businessmen and others at the reception hosted here at a hotel on Friday.

Published 22 Jun, 2019 12:00am

Petroleum Division to submit new policy draft by August

The Petroleum Division will submit a draft of new petroleum policy for upstream oil and gas companies to the Cabinet before bidding for the next blocks, sources told this correspondent. The Division is deliberating on a new petroleum policy with incentive

Published 14 Jun, 2019 12:00am

Government sets Rs 150 billion target through proceeds of privatisation

The federal government has set a target of Rs 150 billion from privatisation proceeds in 2019-20. The Cabinet Committee on Privatisation (CCoP) on October 31, 2018 approved new privatisation plan for 64 state-owned entities to be privatised in five years

Published 12 Jun, 2019 12:00am

Markets

Economic Survey 2018-19: gas output sees negative growth of 1.98 percent

The production of natural gas has witnessed a negative growth of 1.98 percent in current fiscal year (2018-19) as compared with last fiscal year (2017-18), according to data released in Pakistan Economic Survey 2018-19 launched on Monday. The survey revea

Published 11 Jun, 2019 12:00am

Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Prices of POL products increased

Published 01 Jun, 2019 12:00am

Price of 11.8 kg LPG domestic cylinder down by Rs 180.75 for June

Oil and Gas Regulatory Authority (Ogra) has decreased the price of 11.8 kg liquefied petroleum gas (LPG) domestic cylinder by Rs 180.75 for the month of June. A substantial reduction in demand of LPG, the oil and gas authority accounts for an 11 percent r

Published 01 Jun, 2019 12:00am

Prices of POL products increased

Published 01 Jun, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products'' prices

A month after a massive increase in POL prices, the Oil and Gas Regulatory Authority (Ogra) has computed up to Rs 8.99 in prices of petroleum products for June. The recommendation of oil and gas regulator has been sent to Petroleum Division for final deci

Published 31 May, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products' prices

Published 31 May, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products' prices

Published 31 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies'''' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said

Published 24 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said.

Published 24 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies'' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said.

Published 24 May, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD to Japanese Yen / Jan 1	109.64
USD to Swiss Franc / Jan 1	0.94
Pound Sterling to USD / Jan 1	1.26

Stock	Volume
S&P 500 / Jan 1	3974.54
India Sensex / Jan 1	49008.50
Tokyo Nikkei / Jan 1	29176.70
Nasdaq / Jan 1	13138.73
Hang Seng / Jan 1	28336.43
FTSE 100 / Jan 1	6740.59
Dow Jones / Jan 1	33072.88
Germany DAX 30 / Jan 1	14748.94

Item	Value
Crude Oil USD/Barrel / Jan 1	60.97
Karachi Cotton PKR/37.32 KG / Jan 1	11900
Gold 10 Grams PKR / Jan 1	94564
Gold Spot USD/Ounce / Jan 1	1734.70

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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