Trends - K ELECTRIC - Business Recorder

K ELECTRIC

PTI govt spending huge amount for development of Karachi: Asad

The roads were broken in many areas of Karachi, he said adding that the people did not have proper facilities in the hospitals.

Published 05 May, 2021 12:14am

K-Electric top brass meets Tarin

ISLAMABAD: Chairman K-Electric Shan A Ashary along with Khaqan Khan, Member Board of Director and CEO K-Electric ...

Updated 28 Apr, 2021 10:09am

Pakistan

Minister extends govt's support to K-Electric

The Chairman briefed the Finance Minister about operations of K-Electric as the main power utility, meeting the electricity requirements of the Karachi city.

Published 27 Apr, 2021 10:51pm

Pakistan

Sehr, Iftar: Governor asks KE to provide relief to consumers

KARACHI: Governor Sindh Imran Ismail on Wednesday asked K-Electric management to provide maximum relief to residents...

Published 15 Apr, 2021 03:22am

Opinion

The power sector tariff dilemma

The biggest economic headache this government inherited in 2018 was energy circular debt, which has only exacerbated...

Published 11 Apr, 2021 05:27am

Markets

KE allowed to take additional 450MW power from NTDC

KARACHI: In order to ease the power woes of Karachi and to mitigate the supply-demand gap ahead of sizzling summer,...

Updated 10 Apr, 2021 06:23am

Acquisition of shares by Shanghai Electric: KE receives PAI ‘withdrawal’

KARACHI: K-Electric has received “withdrawal” of Public Announcement of Intention (PAI) for acquisition of up to...

Published 31 Mar, 2021 05:42am

AGP to conduct audit of NJS

ISLAMABAD: The Auditor General of Pakistan (AGP) is to conduct financial audit of Neelum Jhelum Surcharge (NJS)...

Published 30 Mar, 2021 05:45am

Business & Finance

Committee to resolve KMC, KE payment issues

He said that as a first step, progress has been made on uncomplicated matters, after which other matters will be settled amicably.

Published 25 Mar, 2021 01:04pm

Opinion

Why selling KE to Shanghai Electric makes sense

Who remembers the KESC of 2005 or before? I do. KESC is always on the brink. KESC is known for prolonged power...

Published 25 Mar, 2021 05:08am

Markets

PSX closes in deep red: BRIndex100 plummets

KARACHI: Across-the-board selling pressure Thursday forced Pakistan Stock Exchange to close in deep red with heavy...

Published 19 Mar, 2021 05:32am

Markets

'KE committed to ensure fresh industrial connections'

KARACHI: K-Electric is fully committed and engaged with industry stakeholders to ensure fresh electricity ...

Published 14 Mar, 2021 04:13am

Pakistan

New connections: Sindh govt, KE join hands

KARACHI: K-Electric and Sindh Energy Department signed a Memorandum of Understanding (MoU) on Friday, which...

Published 13 Mar, 2021 04:28am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 13 Mar, 2021 04:28am

KE’s tariffs determined by Nepra

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has determined KE’s quarterly tariffs of four...

Published 13 Mar, 2021 04:28am

Pakistan

KE commits to enabling greater gender-diversity, inclusion

KARACHI: International Women’s Day 2021 is an opportunity to recognize and celebrate the contribution and...

Updated 08 Mar, 2021 09:19am

Opinion

Karachi: reliable power provision

Karachi, the largest metropolis of Pakistan is a city of contrasts. It boasts some of the tallest skyscrapers and...

Published 07 Mar, 2021 04:07am

Pakistan

There will be no load- shedding in areas where recovery is better: KE

KARACHI: K-Electric upcoming 900 MW RLNG-based BQPS-III is proceeding as per expected timelines and the first unit ...

Published 04 Mar, 2021 04:58am

Pakistan

K-Electric to add 450 MW by May 21

Conclusion of the interconnection agreement (ICA) with NTDC and PPA with CPPA-G for 2,050 was crucial for off-take of additional power.

Published 03 Mar, 2021 07:32pm

Power sector: ‘Structural faults in system should be corrected’

ISLAMABAD: The mammoth issues of country's power sector will remain unresolved until the Power Division corrects the...

Published 01 Mar, 2021 06:13am

Markets

KE earns Rs6.872bn net profit after tax in Q2

KARACHI: The Board of Directors of K-Electric Limited (KE) in its meeting held on February 25, 2021, at the Bin ...

Published 27 Feb, 2021 04:29am

Markets

KSE-100 Index rebounds: BRIndex100 edges up

KARACHI: Pakistan Stock Exchange Friday closed the week on a strong positive note on the back of healthy buying,...

Published 30 Jan, 2021 03:55am

Pakistan

K-Electric partners with Avanza Solutions

KARACHI: K-Electric (KE), Pakistan’s only vertically integrated power utility, has joined hands with Avanza...

Published 27 Jan, 2021 04:59am

Business & Finance

DISCOs, other institutions: PM’s vital role sought to stop proposed privatisation

FAISALABAD: Prime Minister Imran Khan should play his important role to stop the proposed privatisation of the...

Published 27 Jan, 2021 04:59am

Pakistan

Sindh ministers condemn NAB’s reference against Murad

KARACHI: Provincial Ministers have condemned the NAB’s reference against Chief Minister of Sindh, saying that it...

Published 21 Jan, 2021 04:23am

Business & Finance

K-Electric Results Review

Company Overview K-electric was incorporated as limited liability company in 1913 and is listed on Pakistan Stock...

Updated 18 Jan, 2021 12:29pm

Markets

KE suffers Rs2.96bn revenue loss for COVID-19

In spite of these financial challenges emerged after spread of COVID-19 pandemic, over Rs. 55 billion had been invested by the company across the generation, transmission and distribution businesses.

Published 29 Oct, 2020 11:41pm

Pakistan

K-Electric pays compensation to electrocuted victims’ families: Senate body told

The Committee took strong notice of the fact that a house in Mansehra District, despite completing all requisite requirements was not being given an electricity connection.

Published 29 Oct, 2020 11:15pm

Pakistan

K-Electric to inject more than Rs. 250bn in next three years to improve system

Every third consumer in Karachi has paid their fines, the MQM-P leader said, adding that the industrial consumers paid more than Rs. 1.5 billion in fines as well.

Published 21 Sep, 2020 06:37pm

Business & Finance

KE admits it experienced 'cyber incident', customers may experience disruption

All critical customer services including bill payment solutions and 118 call-centre are operational and fully functional.

Updated 10 Sep, 2020 12:15pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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