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Energy

Global oil demand growth slows as China slumps: IEA

PARIS: Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China’s economic...

Published 12 Sep, 2024 02:25pm

Energy

Oil prices jump 1% on fears over hurricane impact on US output

Oil prices rose more than 1% on Thursday, extending a rebound spurred by concern over Hurricane Francine’s impact on...

Updated 12 Sep, 2024 02:57pm

Energy

ICT consumers: Punjab govt withdraws Rs14/unit relief

ISLAMABAD: The Punjab government has withdrawn Rs14 per unit relief in tariff to domestic consumers of federal...

Published 12 Sep, 2024 03:48am

Energy

Oil recovers on worries about Hurricane Francine

HOUSTON: Oil rebounded on worries about the impending impact of Hurricane Francine to crude oil production in the US...

Published 12 Sep, 2024 03:48am

Energy

ADNOC to acquire Covestro for about $15.9bn, FT reports

Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion...

Published 11 Sep, 2024 12:32pm

Energy

Oil recovers on worries about Hurricane Francine

HOUSTON: Oil rebounded on worries about the impending impact of Hurricane Francine to crude oil production in the...

Updated 11 Sep, 2024 09:42pm

Energy

US natural gas markets point to steep price rise in 2025

LITTLETON: The northern hemisphere summer has not yet officially finished, but United States natural gas markets are...

Published 11 Sep, 2024 06:31am

Energy

OPEC again lowers 2024, 2025 global oil demand growth view

LONDON: OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this...

Published 10 Sep, 2024 07:05pm

Energy

China’s August crude oil imports fall 7% on weak demand, refining margins

BEIJING: China’s crude oil imports in August fell 7% year-on-year, customs data showed on Tuesday, as weak refining...

Published 10 Sep, 2024 11:09am

Energy

Oil prices fall on demand concerns, Brent below $70, near 3-year low

Brent crude futures down $2.33, or 3.24%, at $69.51 a barrel

Updated 10 Sep, 2024 09:16pm

Energy

SECMC Ltd-International Electric Power (Pvt) Ltd merger approved by CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 11.9% of the...

Published 10 Sep, 2024 06:32am

Energy

AMI project in IESCO region progressing successfully

ISLAMABAD: The Government of Pakistan’s state-of-the-art AMI project is steadfastly progressing in the IESCO...

Published 10 Sep, 2024 06:32am

Energy

Saudi Arabia cuts Oct Arab light crude price for Asia to 3-year low

SINGAPORE: Top oil exporter Saudi Arabia has cut the October price for flagship Arab light crude to Asia to the...

Published 10 Sep, 2024 06:32am

Energy

Oil prices edge up as storm approaches US Gulf Coast

NEW YORK: Oil prices edged up about 1% on Monday after falling to multi-month lows last week on concerns a hurricane...

Published 10 Sep, 2024 06:32am

Energy

Morgan Stanley cuts Brent crude price view as market signals demand softness

Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is...

Published 09 Sep, 2024 04:46pm

Energy

Saudi Arabia cuts Oct Arab light crude price for Asia to near 3-year low

Top oil exporter Saudi Arabia has cut the October price for flagship Arab light crude to Asia to the lowest in...

Published 09 Sep, 2024 12:18pm

Energy

Sale of Dawood Lawrencepur’s subsidiary cancelled as Artistic Milliners ‘decides not to proceed’

Dawood Lawrencepur Limited (DLL) informed that the proposed sale of Tenaga Generasi Limited, an independent power...

Updated 09 Sep, 2024 10:43pm

Energy

Goldman Sachs says oil subject to downside into 2025-2026 due to surplus

SINGAPORE: Oil prices are still subject to downside into 2025-2026 amid a surplus market, Daan Struyven, head of oil...

Published 09 Sep, 2024 11:45am

Energy

APPEC-S&P Global expects OPEC+ to increase oil output next year

SINGAPORE: The Organization of the Petroleum Exporting Countries and its allies, the group known as OPEC+, is...

Published 09 Sep, 2024 11:34am

Energy

Oil prices edge up as storm approaches US Gulf Coast after week of heavy losses

NEW YORK: Oil prices edged up about 1% on Monday after falling to multi-month lows last week on concerns a hurricane...

Updated 09 Sep, 2024 10:51pm

Energy

Allegations of illegal gas sales unfounded: PEL

ISLAMABAD: Petroleum Exploration Limited (PEL) says Frontier Holding Limited (FHL), Spud Energy Pty Limited (SPUD)...

Published 08 Sep, 2024 02:42am

Energy

US natural gas prices rise

NEW YORK: US natural gas futures edged up about 1% to an eight-week high on Friday as the amount of gas flowing to...

Published 08 Sep, 2024 02:42am

Energy

Oil prices settle down

NEW YORK: Oil prices settled 2% lower on Friday, with a big weekly loss after data US jobs data was weaker than...

Published 08 Sep, 2024 02:42am

Energy

Pakistan renegotiating power deals with IPPs to cut costs, minister says

KARACHI: Pakistan is renegotiating contracts with independent power producers to rein in “unsustainable” electricity...

Updated 07 Sep, 2024 08:24pm

Energy

CM directs removal of hurdles to BHPP

PESHAWAR: Chief Minister Sardar Ali Amin Khan Gandapur has termed the 300 MW Balakot Hydro Power Project (BHPP) as ...

Published 07 Sep, 2024 06:59am

Energy

BTPL licence application still pending: Nepra directs IESCO to pass on net metering benefit to BT consumers

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has the directed Islamabad Electric Supply...

Published 07 Sep, 2024 06:59am

Energy

Global LNG: Asia spot LNG prices down on muted demand, cooler weather

LONDON: Asian spot liquefied natural gas (LNG) prices fell this week on signals of weak economic growth in China...

Published 06 Sep, 2024 05:38pm

Energy

Oil falls more than 2% after US jobs data, set for weekly drop

Brent crude futures down $1.62, or 2.23%, to $71.07 a barrel

Updated 06 Sep, 2024 10:02pm

Energy

Oil prices up on big storage withdrawal

NEW YORK: Oil prices edged up about 1% on Thursday on a bigger-than-expected withdrawal from US inventories and a...

Published 06 Sep, 2024 07:04am

Energy

Oil rises on US crude stocks fall and possible delay to OPEC+ hike

LONDON: Oil firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+...

Updated 05 Sep, 2024 05:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 12	278.53
USD PKR Interbank Buying / Sep 12	278.33
USD to Japanese Yen / Sep 12	142.71
USD to Swiss Franc / Sep 12	0.85
Pound Sterling to USD / Sep 12	1.30
Euro to USD / Sep 12	1.10

Stock	Volume
S&P 500 / Sep 11	5,536.66
Nasdaq / Sep 11	17,395.53
Dow Jones / Sep 11	40,861.71
India Sensex / Sep 12	81,721.93
Tokyo Nikkei / Sep 12	36,785.67
Hang Seng / Sep 12	17,323.75
FTSE 100 / Sep 12	8,273.16
Germany DAX 30 / Sep 12	18,552.19

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,735
Petrol/Litre / Sep 12	259.10
Crude Oil USD/Barrel / Sep 12	67.78
Gold 10 Grams PKR / Sep 12	263,000
Gold Spot USD/Ounce / Sep 12	2,518.36
Diesel/Litre / Sep 12	262.75

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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