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High Speed Diesel

Aug oil sales up 6pc MoM due to low base effect

KARACHI: Pakistan oil sales in August 2022 witnessed increase of 6 percent on Month-on-Month (MoM) basis at 1.5...

Updated 03 Sep, 2022 12:38pm

Business & Finance

July 2022 oil sales lowest since Feb 2021

KARACHI: Pakistan oil sales commenced FY23 with a decline of 26 percent on month-on-month basis to clock in at 1.44...

Published 03 Aug, 2022 04:55am

Markets

Total POL sales decline by 11pc on MoM basis

KARACHI: Total petroleum products sales in the country declined by 11 percent on month-on-month basis to 1.9 million...

Published 05 Jul, 2022 05:19am

Markets

Refineries: Ideal time to initiate ‘deep conversion’ project, say experts

KARACHI: This is high time for local refineries to execute ‘Deep Conversion Project’ which will increase ...

Published 24 Jun, 2022 06:15am

Markets

PD for subsidy withdrawal on HSD consumption by power sector

ISLAMABAD: The Petroleum Division has proposed withdrawal of subsidy on consumption of High Speed Diesel (HSD) by ...

Published 07 Jun, 2022 05:47am

Targeted fuel subsidies: Govt may make allocations in FY23 budget

ISLAMABAD: The government may make a budgetary allocation in the federal budget for the financial year 2022-23 for...

Updated 28 May, 2022 10:01am

Markets

Petroleum sales grow 30pc YoY, 19pc MoM

KARACHI: Total petroleum sales reached 2.18 million tons in April 2022, registering an increase of 30 percent on...

Published 10 May, 2022 06:20am

High-speed diesel on a fortnightly basis: ECC decides to revise premium mechanism for import

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to revise the premium mechanism for...

Updated 26 Mar, 2022 10:45am

Cut in POL products’ prices: Govt to bear over Rs70bn monthly loss

ISLAMABAD: Federal Government on Monday announced to reduce the prices of petrol and High Speed Diesel (HSD) by Rs ...

Updated 01 Mar, 2022 09:46am

Pakistan

Customs confiscated Rs1.3bn smuggled goods during July-Nov 10

KARACHI: The Collectorate of Customs (Enforcement-Multan) on Saturday claimed to have confiscated smuggled goods...

Published 14 Nov, 2021 04:12am

Pakistan

Sherry rejects expected hike in prices of petrol, diesel

ISLAMABAD: Rejecting the expected price hike in petrol prices, Vice President Sherry Rehman said, "There are reports...

Published 31 Oct, 2021 04:05am

BR Research

Is petroleum consumption really growing?

Petrol price has received much press, and for good reason too. What has gone rather unnoticed is the demand, which...

Published 28 Oct, 2021 07:25am

POL products: PL rates kept unchanged, GST reduced

ISLAMABAD: The federal government has kept the rates of Petroleum Levy (PL) unchanged, however, reduced general ...

Updated 03 Oct, 2021 11:52am

Global increase in oil prices: Massive hike in POL products’ prices worked out

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) Wednesday again worked out a massive increase in the ...

Updated 30 Sep, 2021 10:40am

Markets

Byco reports Rs8.1bn gross profit in 12 months

KARACHI: Byco Petroleum Pakistan Limited (Byco), Pakistan's largest vertically integrated oil refining company, on...

Published 25 Sep, 2021 04:59am

Massive hike in POL products’ prices

The new price of petrol is Rs123.30 per litre, while cost of supply of Pakistan State Oil (PSO) has increased to Rs95.41 litre

Updated 16 Sep, 2021 09:48am

July LSMI output down 4.91pc MoM

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output decreased by 4.91 percent in July 2021 compared to...

Updated 16 Sep, 2021 09:52am

POL products: Ogra works out massive price increase

Final decision will be announced by the federal government today

Updated 15 Sep, 2021 10:00am

POL products’ prices reduced

ISLAMABAD: The government, on Tuesday, reduced petroleum products’ prices by up to Rs1.50 per litre with effect...

Published 01 Sep, 2021 04:26am

Ex-depot prices of petrol, kerosene oil increased

ISLAMABAD: The federal government Saturday announced raise in the ex-depot prices of petrol by 1.4 percent and...

Published 01 Aug, 2021 04:34am

PL cut, waiver on POL products: Rs10bn negative revenue impact projected

ISLAMABAD: The government reduced the rate of petroleum levy (PL) on High Speed Diesel (HSD) - from Rs 3.61 per ...

Updated 24 Jul, 2021 10:44am

Petrol price hiked by Rs5.40/litre

ISLAMABAD: The government has increased petrol price by Rs5.40 per litre and High-Speed Diesel (HSD) by Rs2.54 per...

Published 16 Jul, 2021 04:40am

July-May 2020-21: Output of LSMI increases by 14.57pc

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 14.57 percent for July-May...

Published 14 Jul, 2021 02:40am

PVMA offices: CCP carries out search, inspection action

ISLAMABAD: As part of an investigation into the alleged violations of Sections 3 and 4 of the Competition Act, 2010...

Published 09 Jul, 2021 03:03am

Sales tax on motor spirit reduced

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced sales tax on motor spirit from 17 percent to 16.40 percent...

Updated 07 Jul, 2021 08:25am

Business & Finance

Prices of petroleum products raised

ISLAMABAD: Federal government has raised the ex-depot prices of petroleum products up to 4.7 percent with effect ...

Updated 01 Jul, 2021 11:15am

BR Research

Pakistan

Smuggled Iranian HSD worth Rs2.32m seized

KARACHI: Directorate General Intelligence and Investigation-Customs, Karachi has confiscated huge quantity of ...

Published 31 Mar, 2021 05:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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