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Energy

Oil advances as major producers expected to keep output cuts in place

NEW DELHI: Oil prices rose in Asian trading on Wednesday on expectations major producers will maintain output cuts...

Published 29 May, 2024 09:50am

Energy

Four solar parks being set up: Nasir Shah

KARACHI: Minister of Energy and Development & Planning Sindh Syed Nasir Hussain Shah has said that the ...

Published 29 May, 2024 06:05am

Energy

Solar energy adoption: Zi Solar, Trina Solar join hands

KARACHI: Trina Solar, a global leader in solar photovoltaic (PV) and smart energy solutions, and Zi Solar, a...

Published 29 May, 2024 06:05am

Energy

Wapda chairman visits Tarbela 5th Extension project

PESHAWAR: Chairman Water & Power Development Authority (Wapda) Engr Lt Gen Sajjad Ghani (retd) visited Tarbela...

Published 29 May, 2024 06:05am

Energy

Nepra reschedules CTBCM hearing for tomorrow

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has rescheduled public hearing on final test run...

Published 29 May, 2024 06:06am

Energy

India’s Reliance to buy Russian oil in roubles

NEW DELHI: India’s Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal...

Published 28 May, 2024 04:42pm

Energy

No action yet against Disco officials who caused Rs589bn loss

LAHORE: No disciplinary action has yet been taken against the Disco officials, including the CEOs and the Chief...

Published 29 May, 2024 06:05am

Energy

Oil prices rise on OPEC+ restraint prospect

NEW YORK: Global oil prices increased on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at...

Published 29 May, 2024 06:05am

Energy

Oil steadies as OPEC+ restraint balances interest rate concerns

LONDON: Global oil prices steadied on Tuesday as the prospect of OPEC+ maintaining oil supply curbs at its June 2...

Updated 28 May, 2024 04:38pm

Energy

‘Renewable integration, Discos privatisation can resolve energy crisis’

KARACHI: Pakistan’s energy crisis is a complex issue that affects daily life badly. The causes included...

Published 28 May, 2024 05:30am

Energy

Power theft: Sindh, Balochistan, KP govts do not lend a helping hand to Discos?

LAHORE: A 10 percent electricity bills/recovery loss in the province of Punjab may be equal to the total demand of...

Published 28 May, 2024 05:30am

Energy

Ogra bans sale, purchase of substandard LPG cylinders

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has banned the sale and purchase of substandard liquefied...

Published 28 May, 2024 05:30am

Energy

Iran raises June crude prices to Asia

SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at...

Published 27 May, 2024 09:45am

Energy

Oil rises ahead of inflation data after downbeat week

HOUSTON: Oil prices rose by more than $1 per barrel in muted trade owing to public holidays in Britain and the...

Updated 27 May, 2024 10:06pm

Energy

There must be no further raise in electricity cost: expert

KARACHI: Requesting for 76% increase in base tariff to Rs44.69 per unit from existing base tariff of Rs34 per unit...

Published 27 May, 2024 05:52am

Energy

RE generated 30pc of world’s electricity in 2023: WEF

LAHORE: Renewable energy has generated 30 percent of the world’s electricity in 2023, said a report of World...

Published 26 May, 2024 02:56am

Energy

US natural gas prices weaker on low demand forecasts

NEW YORK: US natural gas futures dropped about 5% on Friday to a one-week low on forecasts for lower demand in two...

Published 26 May, 2024 02:56am

Energy

Oil prices drop as interest rate policy spurs fuel demand worries

HOUSTON: Oil prices rose about 1% on Friday, but fell for the week on worries that strong US economic data would ...

Published 26 May, 2024 02:56am

Energy

Mineral exploration licence: PPL enters into JVA with Degan Exploration Works

PPL is expanding its mining portfolio to develop the mineral resources

Updated 24 May, 2024 11:29pm

Energy

SSGC removes 163 illegal gas connections

KARACHI: SSGC continued to tighten its grip on the gas thieves involved in the direct pilferage by removing illegal...

Published 25 May, 2024 05:46am

Energy

Mining portfolio expansion: PPL entering into JV with Degan

KARACHI: Pakistan Petroleum Limited (PPL) is expanding its mining portfolio by entering into a joint venture...

Published 25 May, 2024 06:00am

Energy

Ogra increases RLNG prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified an increase in the price of RLNG on...

Published 25 May, 2024 06:15am

Energy

KE says its supply tariff plea will not impact consumer bills

KARACHI: K-Electric (KE) has reiterated that the company’s supply tariff petition to Nepra will not impact ...

Published 25 May, 2024 06:21am

Energy

UAE markets track oil prices lower

DUBAI: Stocks in the United Arab Emirates declined on Friday, pressured by losses in crude prices as strong US and...

Published 25 May, 2024 06:33am

Energy

OGDCL collaborates with IPRI for endowment of economic security chair

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Friday entered into a collaboration with Islamabad...

Published 25 May, 2024 06:33am

Energy

At JCC meeting, Pakistan seeks Chinese assistance in key energy projects

Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal sought Chinese assistance for the...

Updated 24 May, 2024 08:29pm

Energy

Oil holds steady around three-month lows

LONDON: Oil prices were stable on Friday but poised to show a weekly loss under pressure from lingering concerns...

Updated 24 May, 2024 05:50pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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