Trends - Power Division - Business Recorder

Power Division

KE consumers: PD seeks ‘steep positive’ adjustment

ISLAMABAD: The Power Division has sought an exorbitant positive adjustment of up to Rs 10 per unit for K-Electric...

Updated 05 Sep, 2023 09:49am

Pakistan

Power sector woes: caretaker PM Kakar orders immediate action against electricity theft

Directs authorities to submit reports in this regard on daily basis

Updated 04 Sep, 2023 08:38pm

Change of power purchaser: PPIB forms tech body to ascertain pros, cons

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has constituted a seven-member special technical...

Updated 04 Sep, 2023 08:48am

Opinion

A culture of theft!

According to a Business Recorder news report, “a meeting of the Senate Standing Committee on Finance has sought ...

Published 30 Aug, 2023 03:33am

Pakistan

Performance audit of Board of Directors ‘Lesco not providing auditable record despite reminders’

LAHORE: The Lahore Electric Supply Company (Lesco) has not provided auditable record pertaining to performance audit...

Published 29 Aug, 2023 06:01am

Senate panel seeks list of power defaulters

ISLAMABAD: A meeting of the Senate Standing Committee on Finance has sought the list of electricity defaulters and...

Updated 29 Aug, 2023 10:00am

Editorials

Caretakers’ flawed approach to power bills

EDITORIAL: Spontaneous resistance to the July electricity bills, as opposed to a politically engineered resistance ...

Updated 29 Aug, 2023 06:40am

Power tariffs: caretakers capitulate?

Caretaker Prime Minister Anwaar-ul-Haq Kakar says concerned ministries and related institutions should provide details of the officers and institutions receiving free electricity

Updated 28 Aug, 2023 09:51am

Opinion

Daunting challenges facing the caretakers

The caretaker government has stepped in amidst massive economic and political challenges demanding promulgation of ...

Published 26 Aug, 2023 06:13am

CCoE reconstituted

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq has reconstituted the Cabinet Committee on Energy (CCoE), on...

Updated 25 Aug, 2023 09:41am

Quarterly adjustment thru power tariff hike: Govt seeks recovery of Rs146bn from consumers in 6 months

ISLAMABAD: The government has sought the recovery of Rs146 billion from electricity consumers in the next six months...

Updated 24 Aug, 2023 08:42am

Power generation, distribution to provinces: Senate panel seeks briefing from PD

ISLAMABAD: A meeting of the Senate Standing Committee on Power has decided to take a detailed briefing on the...

Updated 23 Aug, 2023 09:43am

Opinion

The power sector woes

Presently, the power sector has become an existential threat for Pakistan. The situation has been further...

Published 17 Aug, 2023 03:49am

Recovery of Rs24.5bn from KE consumers: Govt seeks to impose Rs1.52/unit surcharge

ISLAMABAD: The federal government seeks to impose Rs1.52 per unit surcharge on K-Electric (KE) to recover Rs24.5...

Updated 16 Aug, 2023 09:16am

Markets

LESCO clarification

LAHORE: Apropos a news Item under the title ‘Company Secretary seeks 3rd extension amidst inquiries’, Lahore...

Published 13 Aug, 2023 02:55am

Updated CDMP as per SBA yet to be approved

ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as...

Updated 09 Aug, 2023 09:16am

Pakistan

Lesco company secretary seeks 3rd extension amidst inquiries

LAHORE: The company secretary of Lahore Electric Supply Company (Lesco) is seeking third extension in his employment...

Published 05 Aug, 2023 06:00am

Rs976bn set aside for power sector, PD official tells NA panel

ISLAMABAD: Power Division Secretary Rashid Mehmood Langrial has stated that the government has allocated Rs976...

Updated 04 Aug, 2023 09:58am

Markets

Transfer of DISCOs to provinces: PC asks govt to revisit uniform tariff

ISLAMABAD: The Privatisation Commission has proposed the government to revisit the uniform tariff prior to the...

Published 03 Aug, 2023 05:54am

Settlement of dues of IPPs/GPPs: FD seeks expenditure details of Rs601bn extended to PD

ISLAMABAD: The Finance Division has sought expenditure details of Rs 601 billion extended to the Power Division to...

Updated 01 Aug, 2023 09:13am

Energy ministry (PD): ECC approves Rs2.275bn TSG for uplift schemes’ execution

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Technical Supplementary Grant (TSG)...

Updated 30 Jul, 2023 09:55am

15 months: financial impact of power theft estimated at Rs500bn

ISLAMABAD: The Power Division Tuesday informed National Assembly Standing Committee on Power that the financial...

Updated 26 Jul, 2023 09:47am

Rs7.50 hike in power tariff formally approved

Business & Finance

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	154.85
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 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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