Trends - circular debt - Business Recorder

circular debt

KSE-100 down 0.81% as profit-taking, rumours dominate session

Benchmark index settles with a loss of over 500 points

Updated 25 Jan, 2024 10:27pm

Opinion

The energy rip-off

Once an energy surplus country today it faces a circular debt of Rs 5.725 trillion, in addition to the power...

Published 25 Jan, 2024 04:23am

Energy sector: Major step taken towards reducing circular debt

Caretaker Prime Minister Anwaar-ul-Haq Kakar directs Ministry of Energy to prepare and submit a comprehensive and sustainable plan after consultation with Finance Ministry

Updated 25 Jan, 2024 09:47am

Markets

Govt executes petroleum concession agreement, exploration licences with E&Ps

Petroleum Division says minimum investment to be carried out by E&P companies will be over $33.3 million in 3 years

Updated 24 Jan, 2024 07:07pm

BR Research

Circular debt settlement plan

The circular debt settlement plan of Rs1,268 billion developed by the Ministry of Energy (MoE) is making rounds in...

Published 24 Jan, 2024 07:53am

Circular debt reduction: MoF objects to plan tailored by minister

ISLAMABAD: The Ministry of Finance (MoF) has reportedly raised objections on circular debt reduction plan tailored...

Updated 23 Jan, 2024 09:09am

Markets

Oil and gas sector drives PSX after dull session

Buying interest comes after reports that Pakistan is expected to resolve its circular debt of energy sector crisis

Updated 22 Jan, 2024 10:55pm

Pakistan

Economic challenges: Ateeq underlines broad-based reforms

KARACHI: Our Economic Frame Work faces serious challenges which need to be redressed by broad based reforms. There...

Published 22 Jan, 2024 05:38am

Power tariff: Timely adjustments critical to energy sector viability: IMF

ISLAMABAD: Timely adjustments in electricity tariff are critical to restore energy sector viability while...

Updated 21 Jan, 2024 10:11pm

Energy sector: Circular debt jumps to over Rs5.725trn

Minister for Power and Petroleum prepares an innovative plan to reduce circular debt of energy sector

Updated 19 Jan, 2024 10:03am

Opinion

Hopium – II

Energy pricing fortnightly (fuel, LPG and LNG), monthly (power) and 6 monthly (gas) needs an approach that smoothens...

Published 10 Jan, 2024 05:22am

Editorials

Subsidies on power: where’s fiscal prudence?

EDITORIAL: A recent consolidated report on State-Owned Entities (SOEs) released by the Finance Ministry noted a...

Published 10 Jan, 2024 05:22am

Opinion

Attaining energy security through coal

Coal is back but with application of Clean Coal Technologies which augers well for Pakistan, this was the clear...

Published 07 Jan, 2024 02:43am

BR Research

Bleeding monsters

The best-performing state-owned power distribution company in Pakistan is loss-making. There are ten of them. There...

Published 05 Jan, 2024 08:39am

Industries: Tariff cut plan requires an IMF nod

ISLAMABAD: The caretaker government has reportedly prepared a plan to reduce industrial tariff by up to 25 percent...

Updated 04 Jan, 2024 09:02am

Govt working towards reducing electricity cost: minister

ISLAMABAD: Caretaker Minister for Power and Petroleum Muhammad Ali has said that the government is working on...

Updated 16 Dec, 2023 09:06am

Fertilizer at notified rates directed: Energy price hike propelled inflation to 29.2pc in Nov, ECC told

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday directed the relevant ministries to...

Updated 14 Dec, 2023 09:13am

Recovery of Rs170.237bn from power sector: SNGPL seeks Petroleum Division’s support

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has sought the Petroleum Division’s support for recovery of Rs...

Updated 12 Dec, 2023 09:28am

BR Research

Discos’ horror show

Another exercise of clearing the energy sector circular debt stock via dividends, Sukuks or direct cash transfer is...

Published 07 Dec, 2023 08:09am

Minister reviews power sector progress

ISLAMABAD: Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed, on Tuesday,...

Updated 06 Dec, 2023 08:38am

Editorials

The bigger picture of weaknesses in economy

EDITORIAL: The World Bank’s regional vice president for South Asia, Martin Raiser, while addressing an event...

Published 05 Dec, 2023 03:01am

Editorials

Growth must be backed by structural reforms

EDITORIAL: Caretaker Finance Minister Shamshad Akhtar while addressing the 26 Sustainable Development Conference...

Published 29 Nov, 2023 05:09am

Editorials

Circular debt devil could devour economy

EDITORIAL: That the devil of power circular debt has not stopped growing despite successive increase in base ...

Published 27 Nov, 2023 06:13am

Pakistan

Punjab CM optimistic about country’s future

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi has expressed unwavering optimism about the future of...

Published 25 Nov, 2023 05:19am

Power sector circular debt swells despite recovery drive

Reaches Rs 2.537 trillion during first quarter

Updated 21 Nov, 2023 09:57am

IMF, govt reach SLA on first SBA review

ISLAMABAD: The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level...

Updated 16 Nov, 2023 09:36am

‘Winter package’ not allowed to see the light of day

Govt fails to secure nod for industry package from IMF, sources says

Updated 14 Nov, 2023 02:34pm

PTI issues ‘white paper’ on state of economy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government put the fast dwindling economy of the country on the path of...

Updated 13 Nov, 2023 08:56am

Editorials

Discos’ infrastructure needs

EDITORIAL: The Asian Development Bank’s (ADB’s) revelation that “significant investment is required in ...

Published 08 Nov, 2023 05:42am

Editorials

Gas price hike: work doesn’t end here

EDITORIAL: After long deliberations and numerous announcements of intent, gas prices have finally increased. ...

Updated 06 Nov, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.61
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
India Sensex / Apr 25	74339.44
Tokyo Nikkei / Apr 25	37628.48
Nasdaq / Apr 25	15611.76
Hang Seng / Apr 25	17284.54
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28

Item	Value
Crude Oil USD/Barrel / Apr 25	83.77
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Gold Spot USD/Ounce / Apr 25	2331.28
Cotton US¢/pound / Apr 25	81.08
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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