News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Markets

SNGPL seeks 137pc increase in prescribed gas price

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has sought an increase in prescribed/cost of gas price by...

Published 06 Dec, 2023 04:27am

PSO allowed Rs3.21 per litre exchange rate adjustment

ISLAMABAD: As the maximum petroleum levy (PL) on petrol can not exceed Rs 60 per litre without parliamentary...

Updated 02 Dec, 2023 03:33pm

Govt embarks on restructuring PIA, PSM, railways

Federal government has periodically been releasing unbudgeted support to pay the salaries of Pakistan Steel Mills employees since 2013

Updated 01 Dec, 2023 12:42pm

Business & Finance

No change in petrol price but diesel’s slashed by Rs7

ISLAMABAD: The interim government on Thursday decided to keep the petrol price unchanged but slashed ex-depot prices...

Published 01 Dec, 2023 04:43am

Markets

Gas sector-related problems getting worse: audit report

ISLAMABAD: Gas sector-related issues have been worsening over the years which include inter alia gas shortage due to...

Published 30 Nov, 2023 04:53am

PLL’s LNG tender: OQT quotes lowest bid

ISLAMABAD: The OQT LNG trader has quoted the lowest bid of $18.4600 per mmbtu for one spot cargo for January 2024 in...

Updated 25 Nov, 2023 08:46am

GIDC collection: Rs341bn remains un-utilised

No Gas Infrastructure Development Cess collection has been released to Inter State Gas Systems (Private) Limited (ISGS) since its establishment in 1996

Updated 22 Nov, 2023 10:06am

PIA sell-off: PC Board tasks FA to prepare plan by Dec-end

ISLAMABAD: The Privatisation Commission (PC) Board has tasked Financial Advisor Ernest & Young-led consortium to...

Updated 17 Nov, 2023 09:45am

Markets

HSD, petrol: Ogra accepts claim of PSO exchange rate adjustment

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) accepted the claim of Pakistan State Oil (PSO) exchange rate...

Published 17 Nov, 2023 06:06am

Petrol price slashed by Rs2.04, HSD’s by Rs6.47

ISLAMABAD: Interim government on Wednesday announced a significant reduction in the ex-depot prices of petroleum...

Updated 16 Nov, 2023 09:26am

Illegal gas sale to unlicensed third party: PEL secures stay order against PD letter from court

ISLAMABAD: M/s Petroleum Exploration (Pvt) Limited (PEL), a private oil and gas sector company has obtained a stay...

Updated 16 Nov, 2023 09:53am

Business & Finance

Petrol price likely to remain unchanged

ISLAMABAD: The interim government may keep the price of petrol unchanged, and a significant decrease in other...

Published 15 Nov, 2023 06:09am

New gas sale prices notified by Ogra

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in accordance with the policy guidelines of the federal...

Updated 09 Nov, 2023 03:53pm

Markets

Oil, gas: 70pc area remains unexplored

ISLAMABAD: Up to 70 percent area in Pakistan is still unexplored and needs to be evaluated for the exploration of...

Updated 08 Nov, 2023 08:31am

Cabinet likely to discuss factors assisting privatisation

ISLAMABAD: Federal cabinet is expected to deliberate on the factors that would assist in the determination of...

Updated 07 Nov, 2023 09:15am

How were prices of HSD, petrol kept unchanged?

ISLAMABAD: The interim government has kept the prices of high-speed diesel (HSD) and petrol unchanged with effect...

Updated 02 Nov, 2023 11:38am

Hike comes into effect from July: Rs65bn financial impact also added to gas tariff raise: govt

ISLAMABAD: The interim government has raised the gas prices up to 193 percent with effect from July 2023 for...

Updated 01 Nov, 2023 09:56am

Gas tariffs increased

The drastic devaluation of rupee against dollar has resulted into increasing cost of gas

Updated 31 Oct, 2023 10:00am

Business & Finance

Prices of POL products likely to rise

ISLAMABAD: Prices of petroleum products are expected to rise with effect from November 1, 2023 owing to a surge in...

Updated 26 Oct, 2023 04:01pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01
France CAC40 / Apr 26	8088.24
India Sensex / Apr 29	74257.68

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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