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energy

Improving India demand boosts thermal coal prices in Asia

NEW DELHI: Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades...

Published 28 Feb, 2023 06:15am

Opinion

Democratisation of energy

“Democracy is an impossible thing until the power is shared by all,” Gandhi said this, and it supports the...

Published 19 Feb, 2023 03:19am

OGDCL asked by ECC to give Missa Keswal D&PL extension

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Oil and Gas Development Company...

Updated 17 Feb, 2023 08:48am

Pakistan

Climate change losses: PM stresses collaboration with IAEA

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday stressed greater collaboration with International Atomic ...

Published 16 Feb, 2023 07:29am

Opinion

Europe looks to geothermal energy as gas alternative

The heating plant in Munich’s southern Sendling neighbourhood has been run for more than a century on gas, often...

Published 04 Feb, 2023 06:08am

World

EU unveils plan to counter US green subsidies, China competition

BRUSSELS: The EU on Wednesday unveiled proposals to counter the threat to European industry from US green subsidies...

Published 02 Feb, 2023 06:12am

Markets

Sepco asked to expedite electrification of Sukkur villages

KARACHI: Sindh Energy Minister Imtiaz Shaikh on Wednesday directed the Sukkur Electric Supply Corporation (Sepco) to...

Published 12 Jan, 2023 05:51am

Business & Finance

Cost-of-living crisis ‘biggest global risk’

LONDON: The cost-of-living crisis will be the biggest global risk over the next two years, a survey by the World...

Published 12 Jan, 2023 05:51am

Markets

India expects utilities’ annual coal demand to surge

SINGAPORE/NEW DELHI: India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024,...

Published 11 Jan, 2023 05:53am

Business & Finance

Businesses don’t like energy conservation idea: analyst

KARACHI: Energy conservation policy for maximizing use of daylight hours for commercial activities is a brilliant...

Published 08 Jan, 2023 03:48am

Editorials

On energy conservation

EDITORIAL: The country needs to vigorously pursue the objective of energy conservation; there are no two ways about...

Published 07 Jan, 2023 06:00am

Opinion

The charter we need

Without any doubt, Pakistan is in on an economic tailspin, swiftly spiraling downwards. The issue at the core is the...

Updated 04 Jan, 2023 06:24am

Markets

Prime International acquires Eni’s business in Pakistan: Hubco

Company says Hub Power Company will further develop indigenous fuel sources, which will help reduce country’s reliance on imports

Updated 30 Dec, 2022 08:20pm

Markets

Within a week: OGDCL makes yet another oil & gas discovery in Sanghar, Sindh

Company said this is the eleventh discovery in Sinjhoro Block

Updated 22 Dec, 2022 05:21pm

Closure of shops by 8pm: Policy hinges on provinces’ nod of acknowledgement

Khawaja Asif says energy saving policy would be accorded final approval on Thursday

Updated 21 Dec, 2022 10:14am

Pakistan

Energy saving plan: govt to seek provinces’ support for early closure of markets, restaurants

Defence Minister Khawaja Asif says final decision to be taken on Thursday, stresses that few steps can help save billions of rupees

Updated 20 Dec, 2022 09:05pm

BR Research

A forever crisis?

Central banks around the world aren’t done tightening yet. Rationalizing their continued rate-hike decisions, bank...

Published 15 Dec, 2022 07:30am

PM underscores need for early completion of CASA-1000

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday said that Pakistan wanted the establishment of ...

Updated 18 Dec, 2022 09:39am

ADB describes energy plan as ‘less than effective, efficient’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Updated 14 Dec, 2022 09:53am

US warns of Chinese influence in ME

RIYADH: Chinese President Xi Jinping arrived in Saudi Arabia on Wednesday on a visit Beijing hailed as its biggest...

Updated 08 Dec, 2022 09:16am

World

France to spend 8.4bn euro to help companies with energy bills

PARIS: France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to...

Published 20 Nov, 2022 04:16am

Markets

OGDCL discovers oil reserves in Punjab

Company says latest oil discovery further extends hydrocarbon play area in Pothohar basin

Updated 27 Oct, 2022 03:54pm

Markets

Pakistan's power generation cost up nearly 46% YoY in Sep as production declines

The total cost of generating electricity in the country jumped nearly 46%, hitting Rs9.91 KWh in September 2022...

Published 17 Oct, 2022 02:52pm

Markets

Energy, agri sectors responsible for most of GHG emissions: report

LAHORE: Energy and agriculture are the main sectors responsible for most of the Green House Gas (GHG) emissions as...

Published 11 Oct, 2022 07:07am

Markets

Thar Energy Limited's 330MW plant to commence operations from Oct 1

Thar Energy Limited (TEL), a joint venture between Hub Power Company Limited (HUBCO), Fauji Fertilizer Company...

Published 30 Sep, 2022 03:45pm

Markets

New solar plants: Dastgir says govt will complete bidding for 600MW pilot project today

Federal Minister for Energy Khurram Dastgir on Wednesday said the bidding process for a 600-megawatt (MW) pilot ...

Updated 14 Sep, 2022 10:30pm

Markets

Asia naphtha margin drops

NEW DELHI: Asia’s naphtha refining profit margin fell on Monday as weakness in Chinese petrochemical demand...

Published 13 Sep, 2022 06:12am

Pakistan

PM Shehbaz takes notice of skyrocketing electricity bills

Demands detailed report on issue

Updated 22 Aug, 2022 07:59pm

FTA likely in 6 months: Pakistan, Iran agree to remove ‘anti-trade’ barriers

Both countries discuss issues related to trade, energy and payment mechanism at the 21st Session of Pak-Iran Joint Economic Commission (JEC)

Updated 19 Aug, 2022 09:48am

Pakistan

Experts see Pakistan's inflation rate topping 24% in July

Rupee depreciation, high energy tariffs, and seasonality in prices of edible items will contribute to high CPI reading

Updated 30 Jul, 2022 08:13pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.42 ▲ 0.62 (16.32%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Invest Bank / Mar 29 Invest Capital Investment Bank Limited(ICIBL)	1.19 ▲ 0.10 (9.17%)
Khyber Tex. / Mar 29 Khyber Textile Mills Limited(KHYT)	369.70 ▲ 25.79 (7.50%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shield Corp. / Mar 29 Shield Corporation Limited(SCL)	304 ▲ 20.89 (7.38%)

Stock	Price
Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
First Pak Mod. / Mar 29 First Pak Modaraba(PAKMI)	1.20 ▼ -0.20 (-14.29%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	1.61 ▼ -0.19 (-10.56%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.71 ▼ -0.49 (-9.42%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.82 ▼ -0.16 (-8.08%)
Ghazi Fabrics / Mar 29 Ghazi Fabrics International Limited(GFIL)	4.07 ▼ -0.34 (-7.71%)
Saritow Spinning / Mar 29 Saritow Spinning Mills Limited(SSML)	4.03 ▼ -0.33 (-7.57%)
Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	27.39 ▼ -2.22 (-7.50%)
Nimir Ind.Chem. / Mar 29 Nimir Industrial Chemicals Limited(NICL)	57.77 ▼ -4.68 (-7.49%)

Stock	Volume
Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.33
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	9,342,048 ▼ -0.02
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,635,500 ▼ -2.29
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,999,500 ▼ -0.17
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,517,772 ▼ -0.92
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	4,299,000 ▲ 8.00
Pak Elektron / Mar 29 Pak Elektron Limited(PAEL)	4,048,000 ▼ -0.07
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.02
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.26
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

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