Trends - PSO - Business Recorder

PSO

Exchange rate for calculating petroleum prices adjusted

ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from...

Updated 17 Sep, 2024 03:34pm

Business & Finance

Jul-Aug oil sales decline 12pc to 2.4m tons YoY

KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales decreased by 14 percent on year-on-year basis to 1.21...

Published 04 Sep, 2024 06:38am

Markets

Sale of petroleum products plunges 14% in August amid smuggling from Iran

Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%...

Updated 03 Sep, 2024 09:43pm

BR Research

PSO FY24: Robust earnings despite volume decline

Marked by significant improvements in profitability, Pakistan State Oil Company Limited (PSX: PSO) posted a strong...

Published 02 Sep, 2024 09:27am

Business & Finance

PSO reports Rs15.9bn PAT in FY24

KARACHI: PSO, the nation’s largest energy company, showcased impressive financial performance and strategic ...

Published 28 Aug, 2024 06:22am

Markets

PSO’s profit doubles, clocks in at Rs19.6bn in FY24

Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) doubled, clocking in at Rs19.65 billion for the...

Updated 27 Aug, 2024 05:54pm

Lift HSD or face consequences, Ogra warns PSO and others

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday warned the Oil Marketing Companies (OMCs)...

Updated 23 Aug, 2024 09:02am

Continuous supply of 150MMCFD RLNG to KE: SNGPL urges PPL to explore possibility

ISLAMABAD: The Sui Northern Gas Pipeline Company (SNGPL) has warned that less retention of Re-gasified Liquefied...

Updated 05 Aug, 2024 09:04am

Business & Finance

July petroleum sales dip 11pc to 1.2m tons yoy

KARACHI: The total sales of petroleum products in the country have declined by 11 percent on year-on-year basis to...

Updated 03 Aug, 2024 08:58am

Business & Finance

HSD and petrol: FD allows PSO to make exchange rate adjustment

ISLAMABAD: The Finance Division has allowed Pakistan State Oil (PSO) Rs1.72 per litre exchange rate adjustment on...

Published 02 Aug, 2024 05:55am

Refinery project: Sinopec, Aramco not satisfied with PSO data

ISLAMABAD: M/s Sinopec, China’s Petroleum Refineries Company, and Saudi giant, M/s Aramco, are reportedly not...

Updated 27 Jul, 2024 09:02am

BR Research

Pakistan State Oil

Pakistan State Oil (PSO) is the largest marketing company and has the largest market share in the OMC sector. It is...

Published 24 Jul, 2024 07:44am

Editorials

Gas sector problems

EDITORIAL: As if the power sector’s chronic circular debt wasn’t bad enough – just one of the many completely...

Published 21 Jul, 2024 03:29am

SNGPL seeks PD’s help to deal with surplus RLNG

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has sought intervention from Director General (Gas)...

Updated 19 Jul, 2024 08:49am

Opinion

Addressing gas sector circular debt: causes and solutions

The gas sector in Pakistan, which was relatively stable until 2013, has since faced the substantial challenge of...

Updated 12 Jul, 2024 08:32am

Pakistan

Petrol pumps partially shut in KP

PESHAWAR: Likewise other parts of the country, petroleum dealers on Friday observed a partial strike in Peshawar and...

Published 06 Jul, 2024 06:48am

Pakistan

Shortage of petrol likely at some places

ISLAMABAD: People may face a shortage of petrol in some places in the country following a countrywide strike on July...

Published 05 Jul, 2024 03:17am

Business & Finance

‘PSO Shaheen Program’ launched

KARACHI: Pakistan State Oil (PSO), the nation’s leading Energy Company has announced the launch of the PSO Shaheen...

Published 26 Jun, 2024 03:15am

Business & Finance

PSO receivables hit Rs810bn mark

KARACHI: The total receivables of Pakistan State Oil (PSO) have reached Rs 810 billion, however the management...

Published 25 Jun, 2024 06:42am

Markets

Equity swap only option to address circular debt issue, says PSO

The management of Pakistan State Oil (PSO), the country’s largest oil-marketing company (OMC), believes equity swap...

Updated 24 Jun, 2024 09:22pm

Rs9bn approved for clearing OMCs’ PDCs: ECC allows export of 0.15 MMTs of surplus sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 0.15 million MTs of...

Updated 14 Jun, 2024 08:20am

Business & Finance

May Petroleum products sales up 7pc to 1.39 MT YoY

KARACHI: The sales of petroleum products in the country increased by 07 percent on year-on-year and 26 percent on...

Published 05 Jun, 2024 06:37am

PRL, ED Investment may establish a joint group

ISLAMABAD: Pakistan Refinery Limited (PRL) and Saudi Arabia’s ED Investment Group are likely to establish a joint...

Updated 05 Jun, 2024 09:33am

Sinopec not interested in refinery project

ISLAMABAD: The government’s plan to set up an oil or petrochemical refinery with China’s cooperation is almost a...

Updated 04 Jun, 2024 11:26am

Opinion

‘Strategic’ SOEs bereft of strategic merits

“There is no such thing as a strategic SOE.” This statement by Finance Minister Aurangzeb is spot on. However,...

Published 03 Jun, 2024 06:30am

Rs84bn payments to PSO: SNGPL sends SOS to PD

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has sent an SOS to Petroleum Division for intervention for...

Updated 22 May, 2024 08:51am

Editorials

Strategic asset tutorial

EDITORIAL: Recently at an FPCC&I (Federation of Pakistan Chambers of Commerce and Industry) pre-budget seminar...

Published 18 May, 2024 05:45am

Exchange rate adjustment: Ogra endorses PSO’s claim

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has endorsed Pakistan State Oil’s claim for an exchange rate...

Updated 17 May, 2024 09:11am

Markets

Reclassification: MSCI adds NBP to Frontier Market Index

In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the May 2024 index...

Updated 15 May, 2024 04:48pm

Pakistan

PSO proposes swapping debt for stake in public sector companies

Everything will be done through competitive bidding and we will participate and if we win, the stakes will be offset against PSO’s receivables, says CEO Syed Muhammad Taha

Updated 09 May, 2024 10:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	142.19
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 19	5,713.64
Nasdaq / Sep 19	18,013.98
FTSE 100 / Sep 19	8,328.72
Dow Jones / Sep 19	42,025.19
Germany DAX 30 / Sep 19	19,002.38
France CAC40 / Sep 19	7,615.41
India Sensex / Sep 20	83,711.40
Tokyo Nikkei / Sep 20	37,879.54

Item	Value
Gold 10 Grams PKR / Sep 19	230,195
Crude Oil USD/Barrel / Sep 20	71.80
Karachi Cotton PKR/37.32 KG / Sep 20	18,935
Gold Spot USD/Ounce / Sep 20	2,599.47
Cotton US¢/pound / Sep 20	73.42
Petrol/Litre / Sep 21	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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