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petroleum products

Ogra discusses exchange rate adjustment mechanism with OMCs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on...

Published 25 Mar, 2023 06:25am

Business & Finance

First 8 months of year 2022-23: Petroleum group imports show negative growth of 8.28pc

ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.28 percent during the first eight months...

Published 18 Mar, 2023 06:14am

Business & Finance

Ogra convenes meeting on exchange rate mechanism

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has convened a meeting to brief and align all the ...

Published 18 Mar, 2023 06:14am

Fuel prices increased

ISLAMABAD: The federal government Thursday allowed a substantial raise in the prices of petroleum products, ie, up ...

Updated 16 Mar, 2023 09:59am

Jul-Jan LSMI output falls 4.40pc YoY

The LSMI output decreases by 7.9 percent for January 2023 when compared with January 2022

Updated 15 Mar, 2023 06:16pm

ECC extends sugar export time period to 60 days

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed an extension in sugar export time...

Updated 15 Mar, 2023 08:51am

Business & Finance

Two fertiliser plants, domestic sector: PSO needs Rs39bn for payment obligations and sustaining LNG supply chain

ISLAMABAD: Petroleum Division has sought Rs 39 billion against supply of RLNG to two fertilizer plants and domestic...

Published 08 Mar, 2023 06:55am

Markets

OGRA manipulating pricing of petroleum products: OMAP

LAHORE: Oil Marketing Association of Pakistan on Sunday demanded that exchange rate adjustments should be passed on...

Published 06 Mar, 2023 07:16am

PL: Govt projects Rs175bn revenue shortfall

The government expected to raise rate of PL on high-speed diesel by Rs 5 to Rs 50 per litre

Updated 04 Mar, 2023 09:03am

BR Research

PSO – inventory losses diminish earnings

While the oil marketing companies had seen robust sales of petroleum products in most of FY22, the petroleum sales...

Published 20 Feb, 2023 09:09am

Business & Finance

Low-income segment to remain largely unaffected from gas tariff hike: Musadik Malik

Says government tried its best not to impose burden on low-income segment

Published 17 Feb, 2023 02:24pm

POL products’ prices jacked up

ISLAMABAD: The federal government Wednesday increased the prices of petroleum products up to 8.8 percent with effect...

Updated 16 Feb, 2023 08:57am

Markets

Fuel shortage: Ogra should form body to conduct raids on oil depots, petrol pumps: PPDA

LAHORE: Pakistan Petroleum Dealers Association (PPDA) on Thursday demanded that Oil and Gas Regulatory Authority...

Published 10 Feb, 2023 03:56am

Petrol shortage hits major cities of Punjab

LAHORE: Long queues of two-wheelers and cars have been witnessed at filling stations in most parts of the Punjab...

Updated 09 Feb, 2023 08:46am

PL on POL products target: IMF-govt talks hamstrung by disconnect

Final figure of actual petroleum levy collection on POL products in the first half of financial year will be released in the current month

Updated 08 Feb, 2023 09:17am

Opinion

The crisis was foretold

Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today...

Updated 04 Feb, 2023 07:24am

Opinion

Big rise in poverty, unemployment

The current combination of various negative factors is likely to lead to a big exponential jump in the number of...

Updated 04 Feb, 2023 07:11am

Markets

Sales of petroleum products plummet 20% year-on-year

Sales of total petroleum products clocked in at 1.44 million tons in January 2023, a massive decline of 20% on a...

Published 02 Feb, 2023 05:19pm

Markets

Oil nears 3-week low then steadies on higher US demand

BENGALURU: Oil prices were steady on Tuesday after dropping close to a three-week low, drawing support from a...

Published 01 Feb, 2023 07:21am

Opinion

State of the economy

The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ...

Published 31 Jan, 2023 06:01am

Business & Finance

PKR slide likely to fuel inflation in a big way

ISLAMABAD: The depreciation of Pak rupee by 13.5 percent by Friday in the interbank rate will raise inflation to 35...

Updated 30 Jan, 2023 09:26am

Pakistan

Ishaq Dar announces 35-rupee hike in prices of petrol and diesel

Finance Minister says price-increase applicable from 11am today
Price of petrol reaches Rs249.80 per litre, high speed diesel now at Rs262.80

Updated 29 Jan, 2023 03:34pm

Business & Finance

PSO says fuel being supplied across country smoothly

KARACHI: The Pakistan State Oil (PSO) has said there is no shortage of petroleum products in the country. In a...

Published 25 Jan, 2023 06:58am

Cabinet for strategy to avert recurrence of power outages

ISLAMABAD: The federal cabinet has ordered preparation of a comprehensive strategy to prevent significant ...

Updated 25 Jan, 2023 08:54am

Business & Finance

POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre

ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum...

Updated 25 Jan, 2023 08:56am

Opinion

GDP growth in 2022-23 — II

The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from...

Updated 26 Jan, 2023 12:50am

Business & Finance

Petroleum group imports show negative growth

ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.80 percent during the first half (July-December)...

Published 20 Jan, 2023 06:10am

Jul-Nov LSMI output declines 3.58pc YoY

As per provisional Quantum Index numbers (QIM) of the Large Scale Manufacturing Industries, the LSMI output decreased by 5.49 percent for November 2022

Updated 18 Jan, 2023 08:55am

Markets

Chinese team kicks off initial work on Gwadar oil refinery

QUETTA: A 15-member Chinese team consisting of engineers and experts started the initial work for implementing the...

Published 17 Jan, 2023 06:02am

Markets

Discounted oil: Russian delegation to reach Pakistan tomorrow

A high-level delegation from Russia, including its minister for energy, will reach Pakistan on Tuesday (January 17)...

Published 16 Jan, 2023 04:54pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

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