Trends - Global energy - Business Recorder

Global energy

‘OPEC+ faces oil market volatility in both supply & demand’

CAIRO: OPEC+ is facing “volatile prospects” in oil markets both in supply and demand, UAE energy minister Suhail...

Published 15 Jan, 2023 04:01am

Markets

Qatar, UAE energy ministers say gas will be needed for long time

ABU DHABI: The world will need natural gas for a long time and more investment is required to ensure supply security...

Published 14 Jan, 2023 03:47pm

Pakistan

Green building concept aimed at reducing risks, Senate panel told

ISLAMABAD: A parliamentary panel was informed on Thursday that the green building concept is aimed at developing...

Published 06 Jan, 2023 05:58am

Markets

Energy efficiency rate accelerates amid high prices: IEA

COPENHAGEN: Global progress toward energy efficiency has accelerated this year as a result of high energy prices and...

Published 02 Dec, 2022 12:16pm

World

India seeks to use global energy challenge as opportunity, says minister

NEW DELHI: India, the world's third biggest oil import, hopes to convert the current global oil challenges from the...

Published 24 Nov, 2022 11:35pm

Business & Finance

Mitsubishi raises profit forecast on higher coal, LNG prices

TOKYO: Mitsubishi Corp on Tuesday raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7...

Published 08 Nov, 2022 05:56pm

Markets

Aramco says global energy transition goals ‘unrealistic’

RIYADH: Oil giant Saudi Aramco’s chief on Tuesday blasted “unrealistic” energy transition plans, calling for a...

Published 21 Sep, 2022 05:57am

World

G7 calls on OPEC to play key role to ease global energy supplies

BERLIN: Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global...

Published 27 May, 2022 08:32pm

Opinion

Biden sidelined global energy partners with record emergency oil release

The United States announced a record-sized release of emergency crude oil reserves in March without consulting...

Published 10 May, 2022 05:10am

Markets

After near miss last winter, energy supplies need more attention

LONDON: Near misses can make systems safer and more reliable if they reveal previously hidden weaknesses and...

Published 30 Apr, 2022 05:53am

Markets

Oil dives $2, forecast of mild US winter spurs retreat from multi-year highs

NEW YORK: Oil tumbled $2 on Thursday as a forecast for a warm U.S. winter put the breaks on a rally that drove ...

Published 22 Oct, 2021 04:13am

Business & Finance

Global energy 'crisis' to hurt economies: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,...

Published 04 Oct, 2021 05:56am

Gainers
Losers
Leaders

Stock	Price
Popular Islamic / Feb 8 Popular Islamic Modaraba(PIM)	8.40 ▲ 0.90 (12.00%)
WorldCall Telecom / Feb 8 Worldcall Telecom Limited(WTL)	1.34 ▲ 0.11 (8.94%)
Leather Up Ltd. / Feb 8 Leather Up Limited(LEUL)	12.09 ▲ 0.99 (8.92%)
Ferozsons (Lab) / Feb 8 Ferozsons Laboratories Limited(FEROZ)	148.52 ▲ 10.36 (7.50%)
Adamjee Life Assur. / Feb 8 Adamjee Life Assurance Company Limited(ALIFE)	20.42 ▲ 1.42 (7.47%)
Lotte Chemical / Feb 8 Lotte Chemical Pakistan Limited(LOTCHEM)	26.89 ▲ 1.87 (7.47%)
Ghani Chem. Ind. / Feb 8 Ghani Chemical Industries Limited(GCIL)	11.10 ▲ 0.77 (7.45%)
Tri-Star Power / Feb 8 Tri-Star Power Limited(TSPL)	14.46 ▲ 1.00 (7.43%)
Gharibwal Cement / Feb 8 Gharibwal Cement Limited(GWLC)	15.80 ▲ 1.06 (7.19%)
Masood Textile / Feb 8 Masood Textile Mills Limited(MSOT)	38 ▲ 2.53 (7.13%)

Stock	Price
Pak Gen.Ins. / Feb 8 The Pakistan General Insurance Co. Ltd.(PKGI)	4.26 ▲ -0.69 (-13.94%)
HBL Invest Fund / Feb 8 HBL Investment Fund(HIFA)	1.67 ▲ -0.23 (-12.11%)
Unicap Modaraba / Feb 8 Unicap Modaraba(UCAPM)	1.70 ▲ -0.16 (-8.60%)
HBL Growth Fund / Feb 8 HBL Growth Fund(HGFA)	4.80 ▲ -0.45 (-8.57%)
Land Mark Spinning / Feb 8 Landmark Spinning Industries Limited(LMSM)	11.60 ▲ -1.00 (-7.94%)
Universal Ins. / Feb 8 The Universal Insurance Company Limited(UVIC)	3.50 ▲ -0.30 (-7.89%)
Ellcot Spinning / Feb 8 Ellcot Spinning Mills Limited(ELSM)	128.58 ▲ -10.42 (-7.50%)
Engro Poly(Pref / Feb 8 Engro Poly(Pref)(EPCLPS)	12.49 ▲ -1.01 (-7.48%)
Shams Textile / Feb 8 Shams Textile Mills Limited(STML)	32.71 ▲ -2.62 (-7.42%)
Sardar Chemical / Feb 8 Sardar Chemical Industries Limited(SARC)	35.15 ▲ -2.81 (-7.40%)

Stock	Volume
WorldCall Telecom / Feb 8 Worldcall Telecom Limited(WTL)	44,714,226 ▼ 0.11
Pak Petroleum / Feb 8 Pakistan Petroleum Limited(PPL)	31,774,289 ▲ -0.90
Sui South Gas / Feb 8 Sui Southern Gas Company Limited(SSGC)	16,127,166 ▲ -0.12
Oil & Gas Dev. / Feb 8 Oil & Gas Development Company Limited(OGDC)	16,106,888 ▼ 0.09
Sui North Gas / Feb 8 Sui Northern Gas Pipelines Limited(SNGP)	14,255,656 ▲ -0.10
TRG Pak Ltd / Feb 8 TRG Pakistan Limited(TRG)	9,313,459 ▼ 1.81
K-Electric Ltd. / Feb 8 K-Electric Limited(KEL)	8,541,079 ▼ 0.02
Pak Refinery / Feb 8 Pakistan Refinery Limited(PRL)	7,382,807 ▼ 0.23
Lotte Chemical / Feb 8 Lotte Chemical Pakistan Limited(LOTCHEM)	7,143,421 ▼ 1.87
Faysal Bank / Feb 8 Faysal Bank Limited(FABL)	7,102,193 ▲ -0.17

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 8	275
USD PKR Interbank Buying / Feb 8	273.65
USD to Japanese Yen / Feb 8	131.22
USD to Swiss Franc / Feb 8	0.92
Pound Sterling to USD / Feb 8	1.21
Euro to USD / Feb 8	1.07
UK LIBOR % / Feb 7	4.56

Stock	Volume
S&P 500 / Feb 7	4164
India Sensex / Feb 7	60286.04
Nasdaq / Feb 7	12113.79
FTSE 100 / Feb 7	7864.71
Dow Jones / Feb 7	34156.69
Germany DAX 30 / Feb 7	15320.88
France CAC40 / Feb 7	7132.35
Tokyo Nikkei / Feb 8	27606.46
Hang Seng / Feb 8	21340.08

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 7	22235
Gold 10 Grams PKR / Feb 7	171468
Crude Oil USD/Barrel / Feb 8	77.32
Gold Spot USD/Ounce / Feb 8	1872.36
Cotton US¢/pound / Feb 8	84.94

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