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Energy

Oil steady as investors weigh US rate fears, firmer seasonal demand

SINGAPORE: Oil prices were stable on Friday as investors considered the latest comments from the US Federal Reserve...

Published 24 May, 2024 09:53am

Energy

Ogra holds seminar on consumer safety

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) organised a seminar on consumer and operational safety at...

Published 24 May, 2024 06:41am

Energy

Budget: FCCI expects power tariff relief

FAISALABAD: Despite daunting economic challenges, Prime Minister Mian Muhammad Shehbaz Sharif is making serious...

Published 24 May, 2024 07:12am

Energy

SSGC removes 965 illegal gas connections

KARACHI: SSGC’s theft control teams continued to show zero tolerance towards gas thieves by cracking down on...

Published 24 May, 2024 05:35am

Energy

Wapda discusses financing opportunities with ADB for its projects

LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (r) discussed financing opportunities in Wapda projects with Asian...

Published 24 May, 2024 07:10am

Energy

Petronas’ flagship Bintulu LNG facility resumes full operations

Malaysian state-run Petronas said on Thursday its liquefied natural gas (LNG) complex in Bintulu was fully restored...

Published 23 May, 2024 10:33am

Energy

Oil creeps back up after three days of losses

LONDON: Oil prices crept up on Thursday, clawing back some of the previous three days’ losses despite the U.S....

Updated 23 May, 2024 05:04pm

Energy

US natural gas prices up

NEW YORK: US natural gas futures climbed about 2% to a four-month high on Thursday on expectations utilities ...

Published 24 May, 2024 06:27am

Energy

Oil falls for fourth straight session, US demand in focus

NEW YORK: Oil prices fell on Thursday for the fourth session in a row, as the prospect of higher-for-longer US...

Published 24 May, 2024 06:27am

Energy

Power cuts, overbilling: Sindh govt to take up issues with KE, Hesco and Sepco, PA told

KARACHI: The Sindh government is going to take up the issues of unchecked prolonged power cuts and overbilling with...

Published 23 May, 2024 05:16am

Energy

US natgas prices ease

NEW YORK: US natural gas futures eased about 1% on Wednesday on signs producers started increasing output, forecasts...

Published 23 May, 2024 05:16am

Energy

Oil slips for third day on prospect of US rates staying high

NEW YORK: Oil prices fell nearly 1% on Wednesday, retreating for a third straight day on expectations that US...

Published 23 May, 2024 05:16am

Energy

Russia plans to open sea terminal for LPG exports to Asia by 2025-end

MOSCOW: Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with...

Published 22 May, 2024 05:54pm

Energy

Energy-starved Pakistan is seeking sanction-free Iranian gas, says Musadik Malik

Petroleum minister stresses that Pakistan is a 'poor country' and cannot afford sanctions

Updated 22 May, 2024 09:24pm

Commodities

Chinese companies keen in expansion project, says PRL

In notice to PSX, refinery says senior management from PRL visited China and had 'productive' discussions

Updated 22 May, 2024 05:54pm

Energy

US natgas prices ease on signs of rising output

NEW YORK: US natural gas futures eased about 1% on Tuesday on signs producers were no longer cutting output and...

Published 22 May, 2024 05:54am

Energy

Oil down by 1pc on US inflation

HOUSTON: Oil prices declined by more than 1% on Tuesday with lingering US inflation poised to keep interest rates...

Published 22 May, 2024 05:54am

Energy

Managing demand, supply dynamics: Ogra directs ministry to devise more effective strategy in relation to imported RLNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed the Ministry of Energy to devise a more ...

Published 22 May, 2024 05:54am

Energy

India’s Russian oil imports rise to nine-month high in April

NEW DELHI: India’s Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers...

Published 21 May, 2024 12:48pm

Energy

Power generation in Pakistan falls nearly 14% YoY in April

Power generation in Pakistan clocked in at 8,639 GWh (11,612 MW) in April 2024, 13.7% lower as compared to the same...

Updated 21 May, 2024 09:02pm

Energy

Oil falls 1% as sticky US inflation weighs on demand at the pump

HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates...

Updated 21 May, 2024 09:30pm

Energy

Reconstitution of Discos’ boards: CCoSOEs approves Power Division’s proposal

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the Power Division’s proposal for...

Updated 21 May, 2024 10:11am

Energy

Govt decision to reduce POL products’ prices lauded

KARACHI: Khalid Tawab Regional Chairman United Business Group (UBG) extends his heartfelt appreciation to the...

Published 21 May, 2024 03:39am

Energy

Oil prices steady

NEW YORK: Oil prices were stable on Monday as the market awaited further clues on the likely path of US interest...

Published 21 May, 2024 03:39am

Energy

US natural gas prices on lower output

NEW YORK: US natural gas futures climbed about 2% to a fresh 16-week high on Monday on a decline in output and as...

Published 21 May, 2024 03:39am

Energy

Saudi Arabia’s crude exports hit nine-month high in March

Saudi Arabia’s crude oil exports rose for the second straight month in March, reaching their highest in nine months,...

Published 20 May, 2024 05:19pm

Energy

Russia is China’s top oil supplier for a 12th month in April

Russia China’s top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official...

Published 20 May, 2024 10:20am

Energy

Oil steadies after death of Iran’s president, Saudi king’s ill health

LONDON: Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s...

Updated 20 May, 2024 05:37pm

Energy

Net metering policy likely to be revisited: Leghari

LAHORE: Federal Minister of Energy Sardar Awais Ahmad Khan Leghari has said the government is all committed to...

Published 20 May, 2024 05:44am

Energy

US natgas prices up on rising LNG feedgas

NEW YORK: US natural gas futures jumped about 5% to a 16-week high on Friday with an increase in the amount of...

Published 19 May, 2024 03:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Cotton US¢/pound / May 23	79
Petrol/Litre / May 24	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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