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Energy

Oil prices fall on worries of higher US interest rates

Oil prices eased for a fourth straight day on Thursday on worries that US borrowing costs could be hiked again if...

Published 23 May, 2024 09:47am

Energy

Power cuts, overbilling: Sindh govt to take up issues with KE, Hesco and Sepco, PA told

KARACHI: The Sindh government is going to take up the issues of unchecked prolonged power cuts and overbilling with...

Published 23 May, 2024 05:16am

Energy

US natgas prices ease

NEW YORK: US natural gas futures eased about 1% on Wednesday on signs producers started increasing output, forecasts...

Published 23 May, 2024 05:16am

Energy

Oil slips for third day on prospect of US rates staying high

NEW YORK: Oil prices fell nearly 1% on Wednesday, retreating for a third straight day on expectations that US...

Published 23 May, 2024 05:16am

Commodities

Russia plans to open sea terminal for LPG exports to Asia by 2025-end

MOSCOW: Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with...

Published 22 May, 2024 05:54pm

Energy

Energy-starved Pakistan is seeking sanction-free Iranian gas, says Musadik Malik

Petroleum minister stresses that Pakistan is a 'poor country' and cannot afford sanctions

Updated 22 May, 2024 09:24pm

Energy

Chinese companies keen in expansion project, says PRL

In notice to PSX, refinery says senior management from PRL visited China and had 'productive' discussions

Updated 22 May, 2024 05:54pm

Energy

US natgas prices ease on signs of rising output

NEW YORK: US natural gas futures eased about 1% on Tuesday on signs producers were no longer cutting output and...

Published 22 May, 2024 05:54am

Energy

Oil down by 1pc on US inflation

HOUSTON: Oil prices declined by more than 1% on Tuesday with lingering US inflation poised to keep interest rates...

Published 22 May, 2024 05:54am

Energy

Managing demand, supply dynamics: Ogra directs ministry to devise more effective strategy in relation to imported RLNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed the Ministry of Energy to devise a more ...

Published 22 May, 2024 05:54am

Energy

India’s Russian oil imports rise to nine-month high in April

NEW DELHI: India’s Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers...

Published 21 May, 2024 12:48pm

Energy

Power generation in Pakistan falls nearly 14% YoY in April

Power generation in Pakistan clocked in at 8,639 GWh (11,612 MW) in April 2024, 13.7% lower as compared to the same...

Updated 21 May, 2024 09:02pm

Energy

Oil falls 1% as sticky US inflation weighs on demand at the pump

HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates...

Updated 21 May, 2024 09:30pm

Energy

Reconstitution of Discos’ boards: CCoSOEs approves Power Division’s proposal

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the Power Division’s proposal for...

Updated 21 May, 2024 10:11am

Energy

Govt decision to reduce POL products’ prices lauded

KARACHI: Khalid Tawab Regional Chairman United Business Group (UBG) extends his heartfelt appreciation to the...

Published 21 May, 2024 03:39am

Energy

Oil prices steady

NEW YORK: Oil prices were stable on Monday as the market awaited further clues on the likely path of US interest...

Published 21 May, 2024 03:39am

Energy

US natural gas prices on lower output

NEW YORK: US natural gas futures climbed about 2% to a fresh 16-week high on Monday on a decline in output and as...

Published 21 May, 2024 03:39am

Energy

Saudi Arabia’s crude exports hit nine-month high in March

Saudi Arabia’s crude oil exports rose for the second straight month in March, reaching their highest in nine months,...

Published 20 May, 2024 05:19pm

Energy

Russia is China’s top oil supplier for a 12th month in April

Russia China’s top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official...

Published 20 May, 2024 10:20am

Energy

Oil steadies after death of Iran’s president, Saudi king’s ill health

LONDON: Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s...

Updated 20 May, 2024 05:37pm

Energy

Net metering policy likely to be revisited: Leghari

LAHORE: Federal Minister of Energy Sardar Awais Ahmad Khan Leghari has said the government is all committed to...

Published 20 May, 2024 05:44am

Energy

US natgas prices up on rising LNG feedgas

NEW YORK: US natural gas futures jumped about 5% to a 16-week high on Friday with an increase in the amount of...

Published 19 May, 2024 03:00am

Energy

Oil prices gain on hopes of demand

NEW YORK: Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly...

Published 19 May, 2024 03:00am

Energy

China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand

BEIJING: China’s gasoline exports in April fell to the lowest level since July 2015, customs data and Reuters...

Published 18 May, 2024 10:19am

Energy

Govt urged to devise viable solar energy policy

ISLAMABAD: Speakers at a seminar, Friday, while urging the government to devise viable solar energy policy have...

Published 18 May, 2024 05:45am

Energy

Sixth ISEM Pakistan Solar Exhibition & Conference inaugurated

LAHORE: Extremely heartening and vibrant participation from solar industry marked the commencement of the highly...

Published 18 May, 2024 05:45am

Energy

OGDCL joins ‘change drive’

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), the largest exploration and production (E&P)...

Published 18 May, 2024 05:45am

Energy

Global LNG: Asian spot LNG edges up as hot weather spurs demand

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose this week to its highest levels since January, as hot...

Published 17 May, 2024 06:58pm

Energy

Going green: Thatta Cement to generate 8.3MW of renewable energy

Thatta Cement Company Limited became the latest company to move towards expanding renewable sources as the listed...

Published 17 May, 2024 03:46pm

Energy

Oil heads for weekly gain on hopes of firmer demand

LONDON: Oil steadied on Friday, with global benchmark Brent heading for its first weekly gain in three weeks, as...

Updated 17 May, 2024 05:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

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

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

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

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