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PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.918...

Published 19 May, 2023 06:17am

Markets

US natgas futures jump to one-week high on massive rig count drop

NEW YORK: US natural gas futures jumped about 6% to a one-week high on Friday on worries output will decline in the...

Published 14 May, 2023 03:24am

Markets

US natgas edges up on lower output

NEW YORK: US natural gas futures edged up about 1% on Thursday on a decline in output over the past few days and...

Published 12 May, 2023 05:59am

Markets

US natgas down as Canada exports rise

NEW YORK: US natural gas futures fell about 2% on Wednesday as Canada boosted exports after reducing flows earlier ...

Published 11 May, 2023 05:54am

Markets

US natgas futures up

NEW YORK: US natural gas futures gained about 4% to a one-week high on Monday on small declines in daily output...

Published 10 May, 2023 06:03am

Markets

KE can make huge savings by running plants on natural gas: KATI

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman said that the KE can save...

Published 06 May, 2023 06:23am

Markets

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.762...

Published 05 May, 2023 06:44am

Markets

US natgas futures drop

NEW YORK: US natural gas futures dropped about 5% on Tuesday as drillers keep pulling record amounts of gas out of...

Published 04 May, 2023 04:26am

Business & Finance

Zero-rated sectors: KCCI demands govt restore RCET

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep...

Published 04 May, 2023 04:26am

Markets

US natgas futures drop on record output

NEW YORK: US natural gas futures fell about 4% on Monday on record output and forecasts for milder weather and less...

Published 03 May, 2023 06:35am

Opinion

The law of unintended consequences

This is apropos a Business Recorder editorial “Hot desert’s coal left out in the cold” carried by the ...

Published 27 Apr, 2023 06:24am

Markets

US natgas shoots up on weather forecasts

NEW YORK: US natural gas futures jumped about 8% to a three-week high on Monday on forecasts for cooler weather and...

Published 19 Apr, 2023 06:36am

Markets

US natgas futures jump over 5% on short covering

CHICHAGO: US natural gas futures climbed more than 5% on Friday, helped by a bout of short covering following the...

Published 16 Apr, 2023 03:36am

Markets

US natgas futures hold steady

NEW YORK: US natural gas futures were little changed on Tuesday, while analysts expect higher supply and a milder...

Published 13 Apr, 2023 06:37am

Opinion

Hydrogen initiatives

The good news is that two hydrogen initiatives have been announced in Pakistan recently; one by NEECA and the other...

Updated 12 Apr, 2023 06:54am

Markets

US natgas drops on rising output

NEW YORK: US natural gas futures slipped more than 6% to a one-week low on Thursday on rising output and forecast ...

Published 09 Apr, 2023 05:58am

Markets

Why US natural gas output keeps rising as prices sink

NEW YORK: US natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal...

Published 06 Apr, 2023 06:20am

Markets

Gas supply situation getting worse: Hyderabad chamber chief

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani said that...

Published 03 Apr, 2023 06:36am

Markets

US natgas futures fall

NEW YORK: US natural gas futures fell about 3% to a fresh 30-month low on Wednesday ahead of expiration of the front...

Published 30 Mar, 2023 06:35am

Markets

US natgas futures drift lower

NEW YORK: US natural gas futures fell about 4% to a four-week low on Monday on rising output and forecasts for ...

Published 28 Mar, 2023 06:21am

Markets

US natgas up on forecasts for colder weather

NEW YORK: US natural gas futures gained about 3% on Friday after falling to a one-month low in the prior session on...

Published 26 Mar, 2023 03:19am

Markets

US natgas futures down as output rises

NEW YORK: US natural gas futures fell about 4% on Wednesday, erasing most of the prior session’s 6% gain, as ...

Published 23 Mar, 2023 05:47am

Markets

Europe gas under 40 euros for first time since 2021

LONDON: Europe’s natural gas price slid Monday below 40 euros for the first time in more than a year and a half,...

Published 20 Mar, 2023 05:33pm

Markets

US natgas dips on forecasts for lower heating demand

NEW YORK: US natural gas futures dipped more than 5% on Friday to their lowest since late-February on expectations...

Published 19 Mar, 2023 03:33am

Business & Finance

First 8 months of year 2022-23: Petroleum group imports show negative growth of 8.28pc

ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.28 percent during the first eight months...

Published 18 Mar, 2023 06:14am

Markets

US natgas gains on short-covering

NEW YORK: US natural gas futures rose on Thursday as investors covered short positions ahead of a weekly inventory...

Published 17 Mar, 2023 06:15am

Markets

US natgas falls on banking rout-led risk sell-off

NEW YORK: US natural gas futures dropped more than 5% on Wednesday, pressured by a broader sell-off across financial...

Published 16 Mar, 2023 06:01am

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 33.332...

Published 15 Mar, 2023 06:01am

Markets

US natgas futures steady on cold weather forecasts

NEW YORK: US natural gas futures held near a one-week high on Tuesday on forecasts for more cold weather and higher...

Published 15 Mar, 2023 06:01am

Business & Finance

Textile sector on verge of collapse: PAF chairman

KARACHI: A restriction on letters of credit (LCs), natural gas and electricity shortages, unavailability of raw...

Published 15 Mar, 2023 06:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 20	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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