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Energy

Oil prices drop on concerns China’s flagging economy to limit demand

Oil prices fell on Monday after data showed China’s inflation rate declined and a lack of clarity on the country’s...

Updated 14 Oct, 2024 12:18pm

Energy

Oil settles down

HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such...

Published 12 Oct, 2024 06:17am

Energy

US natgas prices slip

NEW YORK: US natural gas futures slid about 2% to a two-week low on Friday as power generators burned less gas...

Published 13 Oct, 2024 06:46am

Energy

24-hour gas holiday tomorrow

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for all industries including their power...

Published 12 Oct, 2024 06:17am

Energy

Global LNG: Asian spot LNG slips on tepid demand, ample supply

SINGAPORE: Asian spot liquefied natural gas (LNG) slightly slipped this week as demand remains tepid amid ample...

Published 11 Oct, 2024 05:21pm

Energy

Oil on track for weekly climb on potential Mideast supply disruption

Brent crude oil futures down 20 cents, or 0.25%, at $79.20 a barrel

Updated 11 Oct, 2024 09:17pm

Energy

US natural gas prices lower

NEW YORK: US natural gas futures fell about 2% to a two-week low on Thursday on forecasts for lower demand next week...

Updated 11 Oct, 2024 07:15am

Energy

HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has initialled a negotiated...

Updated 10 Oct, 2024 09:56pm

Energy

Govt approves termination of existing Power Purchase Agreement with five IPPs

Details of agreement between Task Force and IPP owners were presented to the Cabinet, listing HUBCO, Lalpir Power Limited, Saba Power, Rousch Power, and Atlas Power among the IPPs whose current agreements will be terminated

Updated 10 Oct, 2024 09:20pm

Energy

Lalpir Power seeks shareholder approval for early termination of key govt agreements

The Board of Directors (BoD) of Lalpir Power Limited will place the proposed terms for early termination of...

Published 10 Oct, 2024 11:49am

Energy

Oil prices climb 2% on US storm and Israel-Iran fears

NEW YORK: Oil prices climbed about 2% on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled...

Updated 10 Oct, 2024 09:59pm

Energy

Oil falls as swelling US supply counters ME and hurricane risks

NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising US crude inventories, while the risk of supply...

Published 10 Oct, 2024 03:03am

Energy

Energy sector reforms: committee approves ISMO formation

ISMO will be an independent multi-player market for electricity generation and procurement in Pakistan

Updated 09 Oct, 2024 09:57pm

Stocks

Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination

Independent Power Producers (IPPs) listed at the Pakistan Stock Exchange (PSX), including Hub Power Company Limited...

Updated 09 Oct, 2024 07:20pm

Energy

Oil falls as swelling US supply counters Middle East and hurricane risks

NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply...

Updated 09 Oct, 2024 09:40pm

Energy

KE removes 7,000 illegal connections

KARACHI: K-Electric (KE), with the support of the law enforcement agencies, is actively conducting operations ...

Published 09 Oct, 2024 08:26am

Energy

US natgas prices hold near 1-week low

NEW YORK: US natural gas futures held near a one-week low on Tuesday as lower output and higher demand forecasts...

Published 09 Oct, 2024 06:26am

Energy

Dawood Lawrencepur transfers 100% stake in Reon Energy to Juniper International

Dawood Lawrencepur Limited (DLL) has transferred its entire shareholding in Reon Energy Limited (REL) to Juniper...

Updated 08 Oct, 2024 05:49pm

Energy

Crude prices fall on possible ceasefire in Lebanon

Brent crude futures were down $3.70, or 4.57%, to $77.23 a barrel

Updated 08 Oct, 2024 10:07pm

Energy

Oil rises 3pc as ME war risk makes investors cautious

NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since...

Published 08 Oct, 2024 06:57am

Energy

LESCO’s crackdown against power thieves continues

LAHORE: The Lahore Electric Supply Company (LESCO) has launched crackdown on power thieves and 135,000 suspects...

Published 08 Oct, 2024 06:46am

Energy

US natgas prices slide to one-week low

NEW YORK: US natural gas futures slid about 2% to a one-week low on Monday on expectations Hurricane Milton will cut...

Published 08 Oct, 2024 06:46am

Energy

India prepared to handle oil supply hit from Middle East conflict, oil minister says

NEW DELHI: India will be able to navigate through any hit to oil supplies from the potential widening of the Middle...

Published 07 Oct, 2024 06:58pm

Energy

BP drops oil output reduction target in strategy reset, sources say

LONDON: BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s...

Published 07 Oct, 2024 05:12pm

Energy

China to remain world’s top LNG buyer in 2024-25, IEA says

HIROSHIMA: China is set to remain the world’s top buyer of liquefied natural gas (LNG) this year and next because of...

Published 07 Oct, 2024 12:10pm

Energy

Oil rises 3% as Middle East war makes investors end bearish bets

NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since...

Updated 07 Oct, 2024 10:10pm

Energy

XEN, three SDOs removed, five suspended for bogus statistics

MULTAN: An Executive Engineer and eight Sub Division Officers (SDOs) of Multan Electric Power Company (MEPCO) have...

Published 07 Oct, 2024 06:48am

Energy

PD refutes news item about setting up of new power plant

ISLAMABAD: The Spokesperson Ministry of Power Division on Sunday strongly refuted a news item appeared in a section...

Published 07 Oct, 2024 06:48am

Energy

Italy’s Eni in talks with Japan on supplying LNG, executive says

HIROSHIMA: Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas...

Published 06 Oct, 2024 11:22am

Energy

Iraq’s Kerbala refinery non-operational due to maintenance, source says

DUBAI: Iraq’s Kerbala refinery is under extensive maintenance and has been non-operational since Sept. 25, a source...

Published 06 Oct, 2024 10:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 11	277.73
USD PKR Interbank Buying / Oct 11	277.53
USD to Japanese Yen / Oct 11	149.13
USD to Swiss Franc / Oct 11	0.86
Pound Sterling to USD / Oct 11	1.31
Euro to USD / Oct 11	1.09

Stock	Volume
S&P 500 / Oct 11	5,815.03
India Sensex / Oct 11	81,381.36
Tokyo Nikkei / Oct 11	39,605.80
Nasdaq / Oct 11	18,342.94
Hang Seng / Oct 11	21,251.98
FTSE 100 / Oct 11	8,253.65
Dow Jones / Oct 11	42,863.86
Germany DAX 30 / Oct 11	19,373.83

Item	Value
Crude Oil USD/Barrel / Oct 11	75.56
Gold 10 Grams PKR / Oct 11	235,000.60
Gold Spot USD/Ounce / Oct 11	2,656.59
Cotton US¢/pound / Oct 11	72.21
Karachi Cotton PKR/37.32 KG / Oct 12	18,285
Petrol/Litre / Oct 14	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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