News stories for Mushtaq Ghumman

Mushtaq Ghumman

Textile sector may return to costlier CPPs: PD’s PPP projections to Nepra draw sharp criticism

ISLAMABAD: The Power Division came under heavy criticism on Thursday for submitting what were termed unsubstantiated...

Updated 16 May, 2025 09:45am

Pakistan

Article 370 & 35 A: MoFA directed to submit revised diplomatic strategy post-abrogation by next month

ISLAMABAD: The Parliamentary Committee on Kashmir has directed Ministry of Foreign Affairs (MoFA) to submit revised...

Published 15 May, 2025 07:14am

Hike in prices of petrol, diesel likely

Govt expected to approve an increase of over Rs 4 per litre in the price of petrol

Updated 15 May, 2025 02:46pm

Meeting scheduled for 15-16th: PD to brief IMF on CDMP, subsidy and carbon levy law

ISLAMABAD: The Power Division is all set to brief the International Monetary Fund (IMF) virtually on circular debt...

Updated 15 May, 2025 08:47am

PM Shehbaz sets up panel for petroleum sector reforms

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a high-level committee on implementation of reforms in the...

Updated 15 May, 2025 08:46am

Pakistan

Cyber security threats: Pakistan’s NJP will remain on read-only mode

ISLAMABAD: The National Information Technology Board (NITB) has announced that the National Job Portal (NJP) will...

Published 14 May, 2025 07:29am

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

ISLAMABAD: The Power Division is all set to resubmit its proposal to the Economic Coordination Committee (ECC)...

Updated 14 May, 2025 09:50am

Targeted power subsidies under BISP: Roadmap submitted to IMF, World Bank

ISLAMABAD: The government has reportedly submitted a roadmap to the International Monetary Fund (IMF) and the World...

Updated 14 May, 2025 09:51am

March FCA: KE seeks Rs5.02 interim negative adjustment

ISLAMABAD: K-Electric has requested a provisional negative adjustment of Rs5.02 per unit under the Fuel Cost...

Updated 14 May, 2025 09:11am

IWT talks resumption: No official word from New Delhi yet

ISLAMABAD: Pakistan has yet to receive any official communication from New Delhi regarding the resumption of talks...

Updated 13 May, 2025 09:30am

Ministries, Divisions told: Proposals must contain expenditures break-up: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed all ministries/Divisions that in...

Updated 13 May, 2025 09:13am

Budget 2025-26

IMF targets: ECC orders Rs50bn reallocation from PSDP to PD

Forum informed that QESCO was experiencing difficulties in retrieval of material

Updated 12 May, 2025 02:24pm

Business & Finance

Tariff anomalies: PTEA seeks rectification among industrial consumer categories

ISLAMABAD: Pakistan Textile Exporters Association (PTEA) has sought rectification of tariff design anomaly between...

Updated 12 May, 2025 09:21am

Inefficiencies hiking capacity charges highlighted

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) Member (Technical) Rafique Ahmad Shaikh has...

Updated 11 May, 2025 10:17pm

Rs757m allocated as provisional IBCs for PD

Budget 2025-26

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.21
USD to Swiss Franc / May 16	0.83
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 15	5,916.93
Nasdaq / May 15	19,112.32
Dow Jones / May 15	42,322.75
India Sensex / May 16	82,241.91
Tokyo Nikkei / May 16	37,762.61
Hang Seng / May 16	23,345.94
FTSE 100 / May 16	8,686.51
Germany DAX 30 / May 16	23,854.97
France CAC40 / May 16	7,901.67

Item	Value
Karachi Cotton PKR/37.32 KG / May 15	16,985
Gold 10 Grams PKR / May 15	287,379
Petrol/Litre / May 16	252.63
Crude Oil USD/Barrel / May 16	61.55
Gold Spot USD/Ounce / May 16	3,224.61
Diesel/Litre / May 16	254.64
Cotton US¢/pound / May 16	65.53

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
First Capital Equities / May 16 First Capital Equities Limited(FCEL)	4.50 ▲ 0.52 (13.07%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Kohinoor Mills / May 16 Kohinoor Mills Limited(KML)	32.09 ▲ 2.92 (10.01%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.16 ▼ -0.54 (-14.59%)
Tariq Corp.Pref. / May 16 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.14 ▼ -0.97 (-11.96%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	47.57 ▼ -5.27 (-9.97%)
Apna Microfin. / May 16 Apna Microfinance Bank Limited(AMBL)	9.05 ▼ -0.99 (-9.86%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Ellcot Spinning / May 16 Ellcot Spinning Mills Limited(ELSM)	101.65 ▼ -10.54 (-9.39%)
East West Ins. / May 16 East West Insurance Company Limited(EWIC)	52 ▼ -5.29 (-9.23%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.30 ▼ -2.43 (-9.09%)
B. F. Mod. / May 16 B.F. Modaraba(BFMOD)	7.95 ▼ -0.78 (-8.93%)
Olympia Mills / May 16 Olympia Mills Limited(OML)	46.20 ▼ -4.27 (-8.46%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,317,984 ▲ 0.21
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,148,988 ▼ -0.18
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,049,504 ▲ 1.31
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,229,848 ▼ -0.52
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	18,507,342 ▼ -0.04
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,144,829 ▼ -1.47
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,543,964 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,849,609 ▲ 0.05
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,650,899 ▲ 0.64
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,606,631 ▼ -1.2

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