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Apr 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Energy

US crude futures climb back into positive territory

Energy

US crude futures climb back into positive territory

HOUSTON: US crude futures returned to positive territory on Monday after falling on easing fears of a wider Mideast...

Published 23 Apr, 2024 03:41am

PPL sees significant boost in oil & gas production

Energy

PPL sees significant boost in oil & gas production

Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells...

Updated 22 Apr, 2024 04:06pm

First oil discovery made in Mari D&PL

Energy

First oil discovery made in Mari D&PL

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered...

Published 22 Apr, 2024 02:49pm

US crude futures climb back into positive territory

Commodities

US crude futures climb back into positive territory

HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...

Updated 22 Apr, 2024 09:07pm

US natural gas prices little changed as colder forecasts offset storage oversupply

Energy

US natural gas prices little changed as colder forecasts offset storage oversupply

NEW YORK: US natural gas futures were little changed on Friday as bullish forecasts for cooler weather and more...

Published 21 Apr, 2024 04:10am

China's imports of Russian oil near record high in March

Energy

China's imports of Russian oil near record high in March

BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded...

Published 20 Apr, 2024 06:30pm

Disconnects 121 illegal connections: SSGC countering gas theft incidences

Energy

Disconnects 121 illegal connections: SSGC countering gas theft incidences

KARACHI: The Sui Southern Gas Company has been fighting the menace of gas theft for the past couple of years. Ever...

Published 20 Apr, 2024 04:18am

Energy sector: Pakistan should implement broad-based structural reforms

Energy

Energy sector: Pakistan should implement broad-based structural reforms

ISLAMABAD: Pakistan has to bring and strictly implement broad-based structural reforms in the energy sector to get...

Published 20 Apr, 2024 04:18am

PSO & Railways inaugurate fuel management system

Energy

PSO & Railways inaugurate fuel management system

KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ...

Published 20 Apr, 2024 04:18am

Global LNG: Asia spot LNG at fresh three-month high on supply concerns

Commodities

Global LNG: Asia spot LNG at fresh three-month high on supply concerns

LONDON: Asian spot liquefied natural gas (LNG) prices rose this week to a new three-month high due to supply...

Published 19 Apr, 2024 06:51pm

Oil slips after Iran plays down reported Israeli attack

Energy

Oil slips after Iran plays down reported Israeli attack

Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli...

Updated 19 Apr, 2024 08:40pm

SSGC continues to make inroads into gas theft cases

Energy

SSGC continues to make inroads into gas theft cases

KARACHI: Sui Southern Gas Company (SSGC) continued to make inroads into gas theft cases through its regular raids in...

Published 19 Apr, 2024 05:07am

Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday

Energy

Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power...

Published 19 Apr, 2024 05:07am

MPCL successfully drills, tests 3rd appraisal well in Ghazij

Energy

MPCL successfully drills, tests 3rd appraisal well in Ghazij

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested the third appraisal well in the...

Published 19 Apr, 2024 05:07am

‘A resilient ESG strategy is no longer optional but a must’: KE CEO

Energy

‘A resilient ESG strategy is no longer optional but a must’: KE CEO

KARACHI: “Businesses are aware of sustainability as a responsibility which must be integrated into their core...

Published 19 Apr, 2024 05:07am

Oil holds near 3-week low

Energy

Oil holds near 3-week low

NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed robust US jobs data and sanctions ...

Published 19 Apr, 2024 05:07am

Pakistan’s power generation falls over 8% year-on-year

Energy

Pakistan’s power generation falls over 8% year-on-year

Power generation in Pakistan clocked in at 8,023 GWh (10,784 MW) in March 2024, down 8.2% as compared to the same...

Published 18 Apr, 2024 03:23pm

MARI successfully drills another appraisal well in Sindh

Energy

MARI successfully drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Updated 18 Apr, 2024 04:31pm

Oil extends losses on easing Middle East tension, demand concerns

Energy

Oil extends losses on easing Middle East tension, demand concerns

LONDON: Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key...

Updated 18 Apr, 2024 06:44pm

Conversion of power plants o Thar coal: PM urges Shanghai Group to invest

Energy

Conversion of power plants o Thar coal: PM urges Shanghai Group to invest

ISLAMABAD: Prime Minister Shehbaz Sharif has invited the Shanghai Electric Group to invest in shifting imported...

Published 18 Apr, 2024 03:24am

Saudi’s Feb crude exports edge up to 6.317mn bpd

Energy

Saudi’s Feb crude exports edge up to 6.317mn bpd

Saudi Arabia’s crude oil exports in February edged up to 6.317 million barrels per day (bpd) from 6.297 million bpd...

Published 17 Apr, 2024 04:45pm

Discos: minister irked by over-billing

Energy

Discos: minister irked by over-billing

KARACHI: Sindh Provincial Minister for Energy Syed Nasir Shah has expressed anger and concern over over-billing to...

Published 18 Apr, 2024 03:24am

Oil falls nearly 3% as demand worries outweigh Middle East supply risks

Energy

Oil falls nearly 3% as demand worries outweigh Middle East supply risks

Brent futures for June were down $2.44, or 2.7%, to $87.58 a barrel

Updated 17 Apr, 2024 10:47pm

Power generation from Neelum Jhelum restricted to 530MW

Energy

Power generation from Neelum Jhelum restricted to 530MW

LAHORE: Electricity generation from Neelum Jhelum Hydel Power Station has been restricted to 530 MW due to decrease...

Published 17 Apr, 2024 05:28am

Oil prices fall slightly

Energy

Oil prices fall slightly

HOUSTON: Oil prices fell slightly on Tuesday after economic headwinds offset support provided by the United ...

Published 17 Apr, 2024 05:28am

China crude oil throughput rises 1.3% in March

Energy

China crude oil throughput rises 1.3% in March

BEIJING: China’s oil refinery throughput rose in March as refiners stepped up runs amid signs of a tentative...

Published 16 Apr, 2024 12:45pm

Oil slips on easing Middle East supply concerns

Energy

Oil slips on easing Middle East supply concerns

LONDON: Oil dipped for a second day on Tuesday as concerns about Middle East supply eased after Iran’s weekend...

Updated 16 Apr, 2024 07:25pm

Oil prices slip after Iran attack, US economic data

Energy

Oil prices slip after Iran attack, US economic data

NEW YORK: Oil prices slipped lower on Monday after Iran’s weekend attack on Israel proved to be less damaging than...

Published 16 Apr, 2024 03:38am

Iran attack on Israel spurs banks to hike oil price forecasts

Energy

Iran attack on Israel spurs banks to hike oil price forecasts

LONDON: Iran’s weekend attack on Israel has increased geopolitical risks in the oil market for the near term,...

Published 16 Apr, 2024 03:38am

China’s CNOOC stockpiles Russian oil at new reserve base

Energy

China’s CNOOC stockpiles Russian oil at new reserve base

SINGAPORE: State-run China National Offshore Oil Co, one of the country’s top importers of Russian oil, has in...

Published 16 Apr, 2024 03:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	278.53
USD PKR Interbank Buying / Apr 22	278.33
USD to Japanese Yen / Apr 22	154.79
USD to Swiss Franc / Apr 22	0.91
Pound Sterling to USD / Apr 22	1.23
Euro to USD / Apr 22	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
India Sensex / Apr 22	73648.62
Tokyo Nikkei / Apr 22	37438.61
Nasdaq / Apr 22	15451.31
Hang Seng / Apr 22	16511.69
FTSE 100 / Apr 22	8023.87
Dow Jones / Apr 22	38239.98
Germany DAX 30 / Apr 22	17860.80

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Crude Oil USD/Barrel / Apr 22	82.42
Gold 10 Grams PKR / Apr 22	213220
Gold Spot USD/Ounce / Apr 22	2328.37
Cotton US¢/pound / Apr 22	82.42
Petrol/Litre / Apr 23	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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‘Visit of foreign dignitaries’: public holiday announced in Karachi Division on Tuesday, April 23

‘Visit of foreign dignitaries’: public holiday announced in Karachi Division on Tuesday, April 23

NJLI Sarmaya Growth Fund Rates

It’s about time MPC revisited its policy stance

It’s about time MPC revisited its policy stance

Rupee registers minor loss against US dollar

Rupee registers minor loss against US dollar

Aurangzeb tries to ease concerns of S&P, Fitch

Aurangzeb tries to ease concerns of S&P, Fitch

In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn

In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn

IMF Executive board meetings scheduled till May 1: Pakistan not yet on the agenda

IMF Executive board meetings scheduled till May 1: Pakistan not yet on the agenda

Boosting Pakistan’s pharmaceutical exports: learning from India’s success

Boosting Pakistan’s pharmaceutical exports: learning from India’s success

First oil discovery made in Mari D&PL

First oil discovery made in Mari D&PL

‘Visit of foreign dignitaries’: public holiday announced in Karachi Division on Tuesday, April 23

‘Visit of foreign dignitaries’: public holiday announced in Karachi Division on Tuesday, April 23

NJLI Sarmaya Growth Fund Rates

10-year solar panel manufacturing policy finalised

10-year solar panel manufacturing policy finalised

‘Canadian dream’: is it really as appealing for Pakistanis as it used to be?

‘Canadian dream’: is it really as appealing for Pakistanis as it used to be?

Rs233m scam involving textile unit uncovered

Rs233m scam involving textile unit uncovered

Those already registered with sales tax department: Balance sheet filing requirement relaxed

Those already registered with sales tax department: Balance sheet filing requirement relaxed

Gunmen kill 7 customs officials in western Pakistan in two attacks

Gunmen kill 7 customs officials in western Pakistan in two attacks

Wheat import bill hits $1bn mark

Wheat import bill hits $1bn mark

Aurangzeb briefs global FIs on reform initiatives

Aurangzeb briefs global FIs on reform initiatives

Govt formally announces Eid-ul-Fitr holidays

Govt formally announces Eid-ul-Fitr holidays

NJLI Sarmaya Growth Fund Rates

Norway removes Pakistan from its NTA list

Norway removes Pakistan from its NTA list

10-year solar panel manufacturing policy finalised

10-year solar panel manufacturing policy finalised

Pakistan’s ‘Nazuk Mor’ is a Harvard Business School case study

Pakistan’s ‘Nazuk Mor’ is a Harvard Business School case study

Eid holidays announced

Eid holidays announced

Bank holidays: SBP announces three-day closure for Eid-ul-Fitr 2024

Bank holidays: SBP announces three-day closure for Eid-ul-Fitr 2024

Govt increases petrol price by Rs4.53, takes it to Rs293.94 per litre

Govt increases petrol price by Rs4.53, takes it to Rs293.94 per litre

‘Forced’ export of cars: Japan threatens to move WTO

‘Forced’ export of cars: Japan threatens to move WTO