kel - - Company - Business Recorder

Business & Finance

KE says will take ‘appropriate legal action’ on ex-board member’s letter

Asad Ali Shah, in letter to PSX CEO, says KE's financial statements carried 'material misstatements' that made them 'misleading'

Updated 13 Jan, 2023 07:22pm

Markets

September FCA: NEPRA approves Rs5.13 per unit refund to KE consumers

Decrease applicable on all consumer categories except lifeline consumers

Updated 11 Nov, 2022 07:51pm

Markets

Power ‘fully restored’ across Pakistan after massive outage: energy ministry

Govt forms inquiry committee to investigate the blackout

Updated 13 Oct, 2022 10:28pm

Pakistan

SHC stops K-Electric from collecting municipal charges through electricity bills

Court orders municipal department to implement different strategies to ensure revenue collection

Updated 26 Sep, 2022 06:32pm

Business & Finance

FY22 KE net profit declines YoY

KARACHI: K-Electric has posted a net profit of Rs 8.52 billion for the fiscal year 2022 against Rs 11.99 billion...

Updated 22 Sep, 2022 10:52am

Pakistan

K-Electric says power supply restored to 95% feeders in Karachi

K-Electric said on Wednesday that it restored 95% of feeders affected due to rains by the evening of July 11 after...

Published 13 Jul, 2022 12:01pm

Pakistan

Keep safe distance from broken wires, cables: K-Electric issues guidelines for rain

Says power supply to waterlogged areas may be temporarily suspended for public safety

Published 08 Jul, 2022 03:54pm

Business & Finance

K-Electric power tariff hiked by Rs5.28 per unit

Nepra will release an official notification shortly

Published 14 Jun, 2022 12:52pm

Markets

K-Electric awards $84mn EPC contract to Siemens Pakistan

Project will enable company to import additional power of up to 800MW from the national grid from mid-2024

Published 06 May, 2022 01:08pm

Business & Finance

Acquisition of KE shares: Shanghai Electric extends timeline for PAO

K-Electric announced that it has received an intimation for extension in timeline for the public announcement of...

Published 24 Sep, 2021 11:42am

Business & Finance

Shanghai Electric submits fresh PAI to acquire K-Electric shares

On Tuesday, it was learned K-Electric has received “withdrawal” of Public Announcement of Intention (PAI) for the acquisition of up to 66.40pc voting shares of K-Electric Limited by Shanghai Electric Power Company Limited.

Published 31 Mar, 2021 02:55pm

Business & Finance

OGRA grants KE license for RLNG pipeline Construction & Operation

K-Electric had submitted an application for the same on 18 May 2020, so as to ensure the pipeline would be built in time for the commissioning of the first unit of BQPS-III.

Published 08 Jan, 2021 04:04pm

Business & Finance

K-Electric urges shareholders to approve Rs 275mn investment in KEVCL

The creation of KEVCL is part of the diversification strategy of the Company to get into allied businesses and create new revenue streams for KE. KEVCL will be a subsidiary of KE and is intended to be the holding company for all such investments to be made by KE.

Published 28 Oct, 2020 11:13am

Business & Finance

KE to invest further Rs9.5bn for rain risk mitigation plan

The additional investment will be over and above budgeted investment of Rs24.4bn for the upgradation of infrastructure and advancement of protection in distribution network.

Published 06 Oct, 2020 10:47am

Business & Finance

Most parts of Karachi suffers power outages as KE urges public to cooperate

24 hours have passed since the power outage in Quaidabad, Gulshan-e-Bunir, Gulshan-e-Hadid, and Gulshan-e-Maymar, power is off in Gulistan-e-Jauhar Block 19, Gulshan-e-Iqbal 13D, 13C as well.

Updated 28 Aug, 2020 02:49pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jan 29 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 29 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 29 Allied Bank Limited(ABL)	65 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 29 Abbott Laboratories (Pakistan) Limited(ABOT)	348.44 ▼ 0.00 (0.00%)
Abson Ind. / Jan 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 29 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 29 Attock Cement Pakistan Limited(ACPL)	55.56 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jan 29 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 29 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 29 Allied Bank Limited(ABL)	65 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 29 Abbott Laboratories (Pakistan) Limited(ABOT)	348.44 ▼ 0.00 (0.00%)
Abson Ind. / Jan 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 29 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 29 Attock Cement Pakistan Limited(ACPL)	55.56 ▼ 0.00 (0.00%)

Stock	Volume
Pak Refinery / Jan 29 Pakistan Refinery Limited(PRL)	14,225,354 ▼ 0.00
Cnergyico PK / Jan 29 Cnergyico PK Limited(CNERGY)	13,167,971 ▼ 0.00
Fauji Foods Ltd / Jan 29 Fauji Foods Limited(FFL)	12,526,831 ▼ 0.00
WorldCall Telecom / Jan 29 Worldcall Telecom Limited(WTL)	9,891,019 ▼ 0.00
K-Electric Ltd. / Jan 29 K-Electric Limited(KEL)	9,686,092 ▼ 0.00
Hub Power Co. / Jan 29 The Hub Power Company Limited(HUBC)	8,819,700 ▼ 0.00
Habib Bank / Jan 29 Habib Bank Limited(HBL)	8,556,359 ▼ 0.00
Engro Polymer / Jan 29 Engro Polymer & Chemicals Limited(EPCL)	6,713,796 ▼ 0.00
Maple Leaf Cement / Jan 29 Maple Leaf Cement Factory Limited(MLCF)	5,509,833 ▼ 0.00
Lotte Chemical / Jan 29 Lotte Chemical Pakistan Limited(LOTCHEM)	5,393,473 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	265
USD PKR Interbank Buying / Jan 27	263
USD to Japanese Yen / Jan 27	129.88
USD to Swiss Franc / Jan 27	0.92
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.09
UK LIBOR % / Jan 27	4.31

Stock	Volume
S&P 500 / Jan 27	4070.56
India Sensex / Jan 27	59330.90
Tokyo Nikkei / Jan 27	27382.56
Nasdaq / Jan 27	11621.71
Hang Seng / Jan 27	22688.90
FTSE 100 / Jan 27	7765.15
Dow Jones / Jan 27	33978.08
Germany DAX 30 / Jan 27	15150.03
France CAC40 / Jan 27	7097.21

Item	Value
Crude Oil USD/Barrel / Jan 27	79.68
Karachi Cotton PKR/37.32 KG / Jan 27	20235
Gold 10 Grams PKR / Jan 27	173610
Gold Spot USD/Ounce / Jan 27	1928.04
Cotton US¢/pound / Jan 27	86.89

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