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OMCs

Navigating petroleum pricing: Need to introduce deregulation

Introduction: The intricacies of Pakistan’s oil pricing system, tethered to the fortnightly determination of prices,...

Updated 30 Nov, 2023 05:20am

OMAP urges ministry, Ogra to reconsider proposed weekly adjustments

LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Sunday appealed to the Ministry of...

Updated 27 Nov, 2023 08:38am

BR Research

Petroleum sales and some recovery?

Monthly petroleum sales in the country have been weakening due economic slowdown, rising inflation, and depreciating...

Published 03 Nov, 2023 08:42am

Business & Finance

Earnings up 52pc YoY, dividend 13pc: Corporate sector posts record profitability in Q1

KARACHI: The listed corporate sector companies performed exceptionally well, as the KSE-100 index companies recorded...

Published 02 Nov, 2023 03:15am

Opinion

Clear message of no more business as usual-II

Fuel market requires a paradigm change. Not subtly but by disruption aimed at creating an upheaval, leading to a...

Updated 20 Oct, 2023 06:31am

BR Research

Petroleum pricing: Border and currency controls imperative

The petroleum product price relief for the ongoing fortnight felt too little, given how retail prices are almost 50...

Published 03 Oct, 2023 08:54am

Markets

KSE-100 index companies: PAT increases by 16pc on YoY

KARACHI: The profit after tax (PAT) of KSE-100 index companies increased by 16 percent on year-on-year basis to Rs...

Published 29 Sep, 2023 06:24am

BR Research

OMC volumes: some surge in retail fuels

The oil marketing segment has been hit hard by weaker volumes amid escalating prices, shrinking margins, weaker...

Published 05 Sep, 2023 08:50am

Business & Finance

OMAP urges govt to resolve issues facing oil industry

LAHORE: Oil Marketing Association of Pakistan (OMAP) on Wednesday drew attention of the caretaker cabinet towards ...

Published 31 Aug, 2023 06:00am

PMG, HSD sectors: OMAP says concerned at pricing mechanism

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has raised concerns on the pricing mechanism associated...

Updated 21 Aug, 2023 08:54am

Business & Finance

HSD price cut: Ogra says has no mandate to review or amend govt policy

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil...

Updated 21 Jul, 2023 08:56am

Markets

Inventory loss: OMAP says govt decision impacted OMCs in ‘unfavourable manner’

LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Monday expressed its deep concern on the recent decision...

Published 19 Jul, 2023 03:21am

Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs

ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of...

Updated 11 Jul, 2023 09:00am

Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued

ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on...

Updated 10 Jul, 2023 08:58am

Markets

Ogra peruses concerns raised by OMAP

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has perused the concerns raised by the Oil Marketing...

Published 23 Jun, 2023 06:00am

BR Research

The oil sector in ES

The oil sector has been under pressure with demand falling over the last year and sales contracting as a result. The...

Published 19 Jun, 2023 08:50am

Oil import thru bonded storage facilities: PD asked to consult stakeholders on guidelines

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Petroleum Division (PD) to consult...

Updated 14 Jun, 2023 09:08am

FBR expresses reservations at PD’s policy guideline

ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy...

Updated 07 Jun, 2023 08:55am

FY24 budget: RRMC recommends cashless purchases at petrol pumps

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has recommended that petrol stations across the...

Updated 26 May, 2023 12:53pm

Markets

Newly-launched night navigation increases FOTCO’s terminal capacity by 30pc

Port Qasim, FOTCO successfully dock first-ever oil vessel at night

Updated 12 May, 2023 11:26am

Sale of smuggled Iranian diesel causing huge revenue loss

KARACHI: Iranian smuggled diesel has replaced 40pc of Pakistan’s domestic diesel consumption, causing unprecedented...

Updated 08 May, 2023 09:03am

Business & Finance

Shell Pakistan posts massive loss of Rs4.8bn in Jan-Mar quarter

Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a loss of Rs4.76 billion in...

Published 04 May, 2023 06:04pm

Markets

Low upliftment of HSD: ARL seeks Orga’s intervention

ISLAMABAD: Attock Refinery Limited (ARL) has sought intervention from the Oil and Gas Regulatory Authority (Ogra) -...

Published 04 May, 2023 04:26am

BR Research

APL in 9MFY23

After a good year (FY22), the oil marketing companies’ (OMCs) earnings were expected to come under pressure during...

Published 02 May, 2023 09:16am

Markets

Earnings of KSE-100 index firms up 37pc QoQ in Q3

KARACHI: Inspite economic challenges and contrary to market expectations, the KSE-100 index companies’ earnings...

Published 29 Apr, 2023 06:04am

Setting up of big refinery in Balochistan: proposals sought

CSG and a Chinese consortium are coordinating to setup a 10 million MTPA refinery project in Pakistan

Updated 12 Apr, 2023 12:54pm

BR Research

Oil sales continue downhill

Petroleum demand has been coming down as a result of rising prices, a depreciating currency, and economic hardships...

Published 04 Apr, 2023 09:23am

Business & Finance

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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