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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 set for weekly gain on hopes of firmer demand

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

Updated 17 May, 2024 03:55pm

Energy

Nepra urged to revise NAPP upward like other solar projects

ISLAMABAD: A Karachi-based Roof-Top residential solar net metering group has urged the National Electric Power...

Published 17 May, 2024 05:50am

Energy

KE leads discussion on renewable energy trajectory

KARACHI: Although Pakistan continues to grapple with its energy challenges, the nation has been actively...

Published 17 May, 2024 05:50am

Energy

Oil prices make gains

NEW YORK: Oil futures rose on Thursday on a stabilizing US job market and slower-than-expected inflation data, which...

Published 17 May, 2024 05:50am

Energy

Oil prices rise after positive US economic data

LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,...

Updated 16 May, 2024 07:37pm

Energy

US natural gas

NEW YORK: US natural gas futures climbed about 2% to a 15-week high on Wednesday on a drop in output and forecasts...

Published 16 May, 2024 06:28am

Energy

Oil prices gain

NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced...

Published 16 May, 2024 06:28am

Energy

APL inaugurates its flagship fuel station in Islamabad

ISLAMABAD: One of the leading fuel retail brands in Pakistan, Attock Petroleum Limited organized the inauguration of...

Published 16 May, 2024 06:29am

Energy

IEA trims 2024 oil demand growth forecast, widens gap with OPEC

LONDON: The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening...

Published 15 May, 2024 08:57pm

Energy

Investors abandon bullish case for US gasoline: Kemp

LONDON: US gasoline prices and refining margins have come under pressure as inventories deplete more slowly than...

Published 16 May, 2024 06:28am

Energy

Qatar eyes more long-term gas supply deals this year

DOHA: Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand,...

Published 15 May, 2024 05:07pm

Energy

Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power

Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to...

Updated 15 May, 2024 11:06pm

Energy

China LNG import capacity to grow to 250mn T per year by 2027-28, PetroChina official says

BANGKOK: PetroChina expects China’s liquefied natural gas (LNG) import capacity to grow to 250 million metric tons...

Published 15 May, 2024 12:20pm

Energy

Oil rebounds, gains 1% after US crude draw, lukewarm inflation data

NEW YORK: Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced...

Updated 16 May, 2024 12:34am

Energy

US natural gas prices turn negative

NEW YORK: US spot natural gas prices in Texas averaged below zero for Tuesday for the fourth time this month and the...

Published 15 May, 2024 05:47am

Energy

Oil down on inflation, supply risks in Mideast

HOUSTON: Oil prices fell on Tuesday, after fresh US data indicated inflation remains sticky, while potential risks ...

Published 15 May, 2024 05:47am

Energy

OPEC sticks to oil demand view, shifts key forecast to OPEC+

LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would...

Published 14 May, 2024 05:54pm

Energy

Oil dips as US data suggests inflation stickier than expected

LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained...

Updated 14 May, 2024 07:47pm

Energy

Dar, Gezhouba Group chairman discuss ongoing projects in Pakistan

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met with the Chairman of Gezhouba Group on Mondayin...

Published 14 May, 2024 05:18am

Energy

US natgas prices little changed as rising demand offsets higher output

NEW YORK: US natural gas futures were little changed on Monday as forecasts for more demand next week than ...

Published 14 May, 2024 05:18am

Energy

Oil prices rise as attention shifts to US inflation

NEW YORK: Oil prices rose on Monday, as signs of improving demand in top importer China and potential supply...

Published 14 May, 2024 05:18am

Energy

Brent hovers above $83 as inflation data takes centre stage

LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....

Updated 13 May, 2024 06:30pm

Energy

Chinese firms win licencing bids to explore Iraq oil, gas fields

BAGHDAD: Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for...

Published 12 May, 2024 03:09am

Energy

US natural gas up on rising demand forecasts, lower output

NEW YORK: US natural gas futures held near a 14-week high on Thursday on forecasts for more demand over the next two...

Published 12 May, 2024 03:09am

Energy

Oil slips on prospect of higher-for-longer US rates

NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated...

Published 12 May, 2024 03:09am

Energy

Iraq hopes oil reserves will exceed 160bn barrels: minister

BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...

Published 11 May, 2024 06:34pm

Energy

‘Cost-side reforms’: IMF says Pakistan needs to revisit terms of power purchase agreements

Remarks come in staff report for the second and final review under $3-billion Stand-By Arrangement

Updated 11 May, 2024 08:08pm

Energy

Petroleum industry: OMAP, GOREX hold seminar to introduce AI-based safety steps

LAHORE: Oil Marketing Association of Pakistan (OMAP) in collaboration with GOREX organised a seminar to introduce...

Published 11 May, 2024 06:22am

Commodities

Global LNG: Asian spot LNG prices rise on signs of stronger demand

LONDON: Asian spot liquefied natural gas prices rose this week on stronger demand amid high temperatures in north...

Published 10 May, 2024 05:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 16	5297.10
Nasdaq / May 16	16698.32
Dow Jones / May 16	39869.38
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38
Hang Seng / May 17	19525.75
FTSE 100 / May 17	8430.62
Germany DAX 30 / May 17	18692.83

Item	Value
Petrol/Litre / May 17	273.10
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210048
Gold Spot USD/Ounce / May 17	2386.18
Diesel/Litre / May 17	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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