Trends - PSO - Business Recorder

PSO

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...

Published 04 Jun, 2024 06:28am

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

Markets

Rupee records marginal decline against US dollar

Currency settles at 278.2 against the greenback in inter-bank market

Updated 09 May, 2024 09:29pm

Markets

Sales of petroleum products fall by 6% in April

Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year...

Updated 03 May, 2024 10:49pm

Markets

For fortnight from May 1: Exchange rate adjustment on petrol, diesel allowed

ISLAMABAD: The federal government allowed per litre exchange rate adjustment of Rs1.14 per litre on petrol and 17...

Published 03 May, 2024 06:29am

BR Research

PSO - 9MFY24

Pakistan State Oil Company Limited (PSX: PSO) posted a weaker quarterly financial performance, but growth for an...

Published 30 Apr, 2024 08:53am

Business & Finance

9MFY24: PSO posts Rs13.4bn profit

KARACHI: Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated...

Published 27 Apr, 2024 05:03am

Markets

PSO’s profit plunges over 70% in 3QFY24, amounts to Rs3.74bn

Despite higher sales, Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) plunged over 70%, clocking...

Published 26 Apr, 2024 02:44pm

Markets

PSO & Railways inaugurate fuel management system

KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ...

Published 20 Apr, 2024 04:18am

Business & Finance

PSO allowed per litre exchange rate adjustment

ISLAMABAD: The federal government has allowed Pakistan State Oil (PSO) per litre exchange rate adjustment of Rs1.34...

Published 17 Apr, 2024 05:28am

Business & Finance

Petrol price hiked by Rs4.53, diesel’s by Rs8.14

ISLAMABAD: Federal government on Monday announced a massive raise in the price of high speed diesel (HSD) by Rs 8.14...

Published 16 Apr, 2024 03:38am

Business & Finance

OMCs raise price of HOBC by Rs10 per litre from April 1

ISLAMABAD: The Oil Marketing Companies (OMCs) have raised the price of Hi-Octane Blending Component (HOBC) by Rs10...

Updated 06 Apr, 2024 08:47am

Business & Finance

Incorporating exchange rate: Govt approves price adjustment for PSO

ISLAMABAD: The federal government has approved adjustments in petroleum prices, allowing Pakistan State Oil (PSO) to...

Published 03 Apr, 2024 05:29am

Markets

Sale of petroleum products inches up 4%, signals some stability

Sale of total petroleum products in Pakistan clocked in at 1.15 million tons in March, an increase of 4%...

Updated 02 Apr, 2024 11:48pm

SNGPL urges PD to help ensure clearance of dues

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

Updated 02 Apr, 2024 09:44am

PRL explains what has made its business model ‘unsustainable’

ISLAMABAD: The top management of Pakistan Refinery Limited (PRL) has cautioned the Pakistan State Oil (PSO) that...

Updated 01 Apr, 2024 08:44am

PD revises price forecast for spot LNG

ISLAMABAD: The Ministry of Energy (Petroleum Division) has revised price forecast for spot LNG with Sui gas...

Updated 25 Mar, 2024 09:43am

PSO says LNG business ‘bleeding’ its resources

ISLAMABAD: Pakistan State Oil (PSO) has claimed that LNG (Liquefied Natural Gas) business is bleeding its financial...

Updated 19 Mar, 2024 09:20am

Fuel supply on exclusive basis to 3 IPPs: CCP rejects PSO’s exemption extension request

ISLAMABAD: The Competition Commission of Pakistan (CCP) has rejected an application of Pakistan State Oil (PSO)...

Updated 09 Mar, 2024 01:26pm

Business & Finance

Recovery from PIA: PSO receiveables soar to Rs 21.7bn

ISLAMABAD: The Pakistan State Oil (PSO) has proposed the imposition of a levy of upto Rs4 per litre on Jet-A1 to...

Updated 07 Mar, 2024 09:50am

Mayor inaugurates PSO ECO Street project

Pakistan

Cabinet Committee on Privatisation directs Power Division to submit timelines for each of the issues hindering the process of privatisation of Nandipur Power Plant and Guddu Power Plant

Updated 29 Feb, 2024 09:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.52
USD PKR Interbank Buying / Jun 3	278.32
USD to Japanese Yen / Jun 3	156.38
USD to Swiss Franc / Jun 3	0.90
Pound Sterling to USD / Jun 3	1.28
Euro to USD / Jun 3	1.09

Stock	Volume
S&P 500 / Jun 3	5283.40
India Sensex / Jun 3	76468.78
Tokyo Nikkei / Jun 3	38719.97
Nasdaq / Jun 3	16828.67
Hang Seng / Jun 3	18507.05
FTSE 100 / Jun 3	8262.75
Dow Jones / Jun 3	38571.03
Germany DAX 30 / Jun 3	18608.16

Item	Value
Crude Oil USD/Barrel / Jun 3	73.73
Karachi Cotton PKR/37.32 KG / Jun 3	19935
Gold 10 Grams PKR / Jun 3	207219
Gold Spot USD/Ounce / Jun 3	2347.41
Cotton US¢/pound / Jun 3	73.58
Petrol/Litre / Jun 4	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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