News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Pakistan

PARCO board: Senate body expresses reservations over selection criteria

ISLAMABAD: A parliamentary panel on Tuesday expressed its serious reservations over appointment of a parliamentarian...

Published 07 May, 2025 06:06am

PD clarifies CPP levy adjustments to be reflected in future bills

ISLAMABAD: Petroleum Division has clarified that any rebate or adjustment in the Captive Power Plants (CPP) levy...

Updated 05 May, 2025 09:03am

Last 3-1/2 months of FY25: petroleum levy hike by Rs18.02 to generate Rs90bn revenue

ISLAMABAD: The federal government has to raise additional revenue of Rs90 billion in last three and a half months of...

Updated 03 May, 2025 09:20am

Markets

Petrol, HSD prices slashed

ISLAMABAD: Federal government has decided on Wednesday to reduce the ex-depot rates of petrol and high speed diesel...

Published 01 May, 2025 06:03am

Markets

OMCs and dealers: Body reviews matter of revision in margins

ISLAMABAD: The 8th meeting of the Standing Committee on Energy (Petroleum Division) of the National Assembly was ...

Published 30 Apr, 2025 06:21am

Kandhkot to third-party buyers: PPL seeks PD’s approval to redirect unutilised gas

ISLAMABAD: Pakistan Petroleum Limited (PPL) has requested the Petroleum Division’s approval to redirect unutilised...

Updated 30 Apr, 2025 08:43am

Business & Finance

No regular member yet: Contract of Ogra Member (Finance) extended

ISLAMABAD: The Cabinet Division extended contract of Member Finance, Oil and Gas Regulatory Authority (Ogra) for one...

Published 30 Apr, 2025 05:57am

Revenue requirements of SSGC: Decision delayed by Ogra creates controversy

ISLAMABAD: A delayed decision by the Oil and Gas Regulatory Authority (Ogra) on Sui Southern Gas Company’s (SSGC)...

Updated 28 Apr, 2025 03:03pm

Business & Finance

Fresh criteria for pre-qualification: Govt aims to sell 51-100pc stake in PIA

ISLAMABAD: The federal government is hoping to offload 51 to 100 percent shares in Pakistan International Airlines...

Published 25 Apr, 2025 06:05am

Markets

‘Unwarranted’ drive initiated by SNGPL ‘entirely baseless’, says regulator

ISLAMABAD: The Sui Northern Pipeline Limited (SNGPL) has recently filed a writ petition against the Oil and Gas...

Published 22 Apr, 2025 07:12am

Business & Finance

SSGCL files plea for price increase

ISLAMABAD: The Sui Southern Gas Company Limited (SSGCL) filed an amended petition for raise in natural gas price for...

Published 22 Apr, 2025 05:55am

Calculating ROA: SNGPL challenges Ogra’s methodology in LHC

ISLAMABAD: Sui Northern Gas pipeline Limited (SNGPL) has challenged Oil and Gas Regulatory Authority’s methodology...

Updated 21 Apr, 2025 12:55pm

Markets

PD directs SNGPL, SSGCL to withdraw Grid levy

ISLAMABAD: The Petroleum Division issued directives to both gas companies – Sui Northern Gas Pipeline Limited...

Updated 18 Apr, 2025 08:31am

Markets

Petrol and HSD: Govt to raise PL beyond permitted limit

ISLAMABAD: The federal government decided to raise petroleum levy (PL) on petrol by Rs8.02 per litre and high speed...

Published 17 Apr, 2025 05:42am

Pakistan

Retired military generals as chairmen of Wapda: Lawmakers express reservations over appointments

ISLAMABAD: Lawmakers on a parliamentary panel expressed strong reservations Tuesday about the appointment of retired...

Published 16 Apr, 2025 07:59am

Pakistan Minerals Investment Forum begins today

ISLAMABAD: The two-day Pakistan Minerals Investment Forum (PMIF-25) is set to begin here today (Tuesday) with...

Updated 08 Apr, 2025 08:54am

Business & Finance

Petrol price slashes by Re1

ISLAMABAD: Federal government keeping petroleum levy (PL) at maximum level decided to maintain the price of high...

Published 29 Mar, 2025 02:58am

Business & Finance

Reko Diq Project: OGDCL completes updated feasibility study

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has announced the completion of the updated...

Published 26 Mar, 2025 05:25am

Sugar situation report: PAC summons secretaries over non-submission

ISLAMABAD: The Public Accounts Committee (PAC) summoned secretaries Industries and Productions, Commerce and Food...

Updated 26 Mar, 2025 08:50am

Pakistan

Toshakhana gifts before 2002: Cabinet body expresses its dissatisfaction with audit paras

ISLAMABAD: A parliamentary committee raised significant concerns Wednesday regarding the authenticity of deposited...

Published 20 Mar, 2025 08:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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