News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Price of 11.8 kg LPG domestic cylinder down by Rs 180.75 for June

Oil and Gas Regulatory Authority (Ogra) has decreased the price of 11.8 kg liquefied petroleum gas (LPG) domestic cylinder by Rs 180.75 for the month of June. A substantial reduction in demand of LPG, the oil and gas authority accounts for an 11 percent r

Published 01 Jun, 2019 12:00am

Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products' prices

A month after a massive increase in POL prices, the Oil and Gas Regulatory Authority (Ogra) has computed up to Rs 8.99 in prices of petroleum products for June. The recommendation of oil and gas regulator has been sent to Petroleum Division for final deci

Published 31 May, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products' prices

Published 31 May, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products'' prices

Published 31 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said.

Published 24 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Published 24 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies'' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said.

Published 24 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies'''' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said

Published 24 May, 2019 12:00am

Iranian petroleum products: Illegal cross-border trade causing Rs 60 billion losses to exchequer p.a.

The federal government has been facing revenue leakage of around Rs 60 billion annually from illegal cross-border trading of petroleum products at Pak-Iran border, which is increasing due to the US sanctions on Iran and exorbitant petroleum prices in the

Published 22 May, 2019 12:00am

Iranian petroleum products: Illegal cross-border trade causing Rs 60 billion losses to exchequer p.a.

Published 22 May, 2019 12:00am

Markets

SNGPL, SSGCL allowed increase in gas prices

The Oil and Gas Regulatory Authority (OGRA) has allowed Sui Northern Gas Pipelines Limited (SNGPL) an average gas price increase by 47 percent and Sui Southern Gas Company Limited (SSGCL) an average price increase by 28 percent for financial year 2019-20.

Published 18 May, 2019 12:00am

Markets

SNGPL, SSGCL allowed increase in gas prices

Published 18 May, 2019 12:00am

Markets

SNGPL, SSGCL allowed increase in gas prices

Published 18 May, 2019 12:00am

Markets

Sell-off of two power plants, two banks envisaged

The Privatisation Division has envisaged privatising two newly established RLNG-based power plants, SME Bank and First Women Bank, besides preparing revival plans for Pakistan Steel Mills (PSM) and Power Distribution Companies in financial year 2019-20.

Published 17 May, 2019 12:00am

Markets

Sell-off of two power plants, two banks envisaged

Published 17 May, 2019 12:00am

Markets

Sell-off of two power plants, two banks envisaged

Published 17 May, 2019 12:00am

July-September: PLL floats tenders for international bidders

Pakistan LNG Limited (PLL) has invited tenders for international bidders for spot purchase of liquid natural gas (LNG) for three months (July-September) amidst on-going price negotiation with Qatar for import of additional 400 mmcfd LNG.

Published 14 May, 2019 12:00am

Drilling up to 5500 feet in Kekra-1: Exxon Mobil may achieve target by end of May

Exxon Mobil, a US company, is likely to achieve the target of ultra deep drilling up to 5500 feet in Kekra-1 (Indus G Block) for oil and gas exploration by end of May, sources said. Officials of Petroleum Division said that work at Kekra-1 is progressing

Published 08 May, 2019 12:00am

Drilling up to 5500 feet in Kekra-1: Exxon Mobil may achieve target by end of May

Published 08 May, 2019 12:00am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 7 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 7 Al-Abbas Sugar Mills Limited(AABS)	280.00 ▼ 0.00 (0.00%)
Agro Allianz / Jul 7 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 7 Allied Bank Limited(ABL)	68.11 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 7 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 7 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 7 Attock Cement Pakistan Limited(ACPL)	67.98 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 7 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 7 Al-Abbas Sugar Mills Limited(AABS)	280.00 ▼ 0.00 (0.00%)
Agro Allianz / Jul 7 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 7 Allied Bank Limited(ABL)	68.11 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 7 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 7 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 7 Attock Cement Pakistan Limited(ACPL)	67.98 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 5	206.90
USD PKR Interbank Buying / Jul 5	206.70
USD to Japanese Yen / Jul 5	135.24
USD to Swiss Franc / Jul 5	0.97
Pound Sterling to USD / Jul 5	1.20
Euro to USD / Jul 5	1.03
UK LIBOR % / Jul 5	1.57

Stock	Volume
S&P 500 / Jul 5	3831.39
India Sensex / Jul 5	53134.35
Tokyo Nikkei / Jul 5	26077.04
Nasdaq / Jul 5	11322.24
Hang Seng / Jul 5	21621.01
FTSE 100 / Jul 5	7025.47
Dow Jones / Jul 5	30967.82
Germany DAX 30 / Jul 5	12401.20
France CAC40 / Jul 5	5794.96

Item	Value
Crude Oil USD/Barrel / Jul 5	100.33
Karachi Cotton PKR/37.32 KG / Jul 5	16680.00
Gold 10 Grams PKR / Jul 5	118800.00
Gold Spot USD/Ounce / Jul 5	1770.30
Cotton US¢/pound / Jul 5	93.42

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