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Shell Pakistan

Shell Pakistan renamed Wafi Energy

KARACHI: The name of Shell Pakistan Limited has been changed to Wafi Energy Pakistan Limited. “The Company is...

Published 15 Jan, 2025 02:59am

Business & Finance

11th Tameer Awards 2024: Shell Pakistan celebrates young Pakistani entrepreneurs

KARACHI: Recently acquired by Wafi Energy, Shell Pakistan — one of the country's longest-standing multinational...

Updated 23 Nov, 2024 05:47am

Markets

Share capital of Shell Pakistan: Proposed name ‘Wafi Energy Pakistan Ltd’ approved

KARACHI: After the completion of acquisition of 87.78 percent of the total issued share capital of Shell Pakistan...

Published 01 Nov, 2024 07:44am

Business & Finance

TPL Trakker launches exclusive discount for Shell cardholders

KARACHI: TPL Trakker, a leader in vehicle tracking solutions announced collaboration with Shell Pakistan to provide...

Published 15 Oct, 2024 08:54am

Business & Finance

Waqar Siddiqui decides to resign from position as Shell Pakistan CEO

KARACHI: Waqar I Siddiqui, the Chief Executive Officer of Shell Pakistan Limited has announced his intention to step...

Published 11 Oct, 2024 06:30am

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

Saudi Group acquires majority stake in Shell Pakistan

ISLAMABAD: Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42 percent...

Updated 07 Jul, 2024 08:26pm

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

Pakistan

ECO-friendly car launched

KARACHI: At a simple, brief ceremony held at the premises of the SOS Technical Training Institute located on the...

Published 15 May, 2024 05:47am

Business & Finance

77.42pc shares, control of Shell Pakistan: PRL, AIRLINK withdraw intention

KARACHI: Pakistan Refinery Limited (PRL) and Air Link Communication Limited have withdrawn the intention to acquire...

Published 04 Apr, 2024 04:56am

Business & Finance

PRL, Air Link withdraw intention to buy 77.42% shares, control of Shell Pakistan

Pakistan Refinery Limited (PRL) and Air Link Communication Limited (Air Link) have announced their withdrawal from...

Updated 03 Apr, 2024 10:34pm

BR Research

Shell Pakistan – returning to profits

The previous couple of years had the bearing on the OMC where despite growth in revenues due to rising prices, the...

Published 08 Mar, 2024 09:07am

Business & Finance

Shell Pakistan announces financial results for 2023

KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced the company’s financial results for the...

Published 07 Mar, 2024 04:59am

Markets

SPCo, WAFI Energy execute SPA for acquisition of Shell Pakistan Limited

Completion of transaction subject to issuance of public offer by WAFI Energy, receipt of requisite approvals, and satisfaction of other closing formalities

Updated 01 Nov, 2023 04:37pm

Markets

Saudi Arabia’s WAFI Energy eyes acquisition of Shell Pakistan Limited

WAFI Energy LLC is a fast-growing retail gas station network and sole licensee of Shell Retail Network in Saudi Arabia

Updated 31 Oct, 2023 10:34pm

Business & Finance

Shell Pakistan announces financial results for Q3 2023

KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced nine months results for the company on...

Published 19 Oct, 2023 05:10am

Markets

Prax Overseas Holdings looks to acquire majority stake, control of Shell Pakistan

AKD Securities, manager to the offer, submits public announcement of intention

Updated 16 Oct, 2023 10:49pm

Markets

Saudi Aramco exploring potential bid for Shell’s Pakistan unit: report

Saudi Aramco is exploring a potential bid for Shell Plc’s assets in Pakistan, reported Bloomberg, citing people...

Published 14 Oct, 2023 12:00am

Business & Finance

Sept POL products’ sales plunge 31pc to 1.06m tons YoY

KARACHI: The petroleum products sales declined to 1.06 million tons, ie, down significantly by 31 percent YoY and 25...

Published 04 Oct, 2023 06:20am

Markets

Aug petroleum sales decline 8pc to 1.41m of tons YoY

KARACHI: The total sales of petroleum products in the country clocked-in at 1.41 million of tons in August 2023,...

Published 04 Sep, 2023 06:21am

Markets

Sale of petroleum products dips 8% year-on-year in August

Decline comes 'mainly on account of 64% YoY fall in Furnace Oil sales, says Arif Habib Limited

Updated 02 Sep, 2023 07:42pm

Markets

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (July 26, 2023)....

Published 27 Jul, 2023 06:26am

Markets

PRL, Air Link look to acquire majority stake, control of Shell Pakistan

Next Capital, manager to the offer, submits public announcement of intention

Updated 17 Jul, 2023 02:52pm

Pakistan

Shell Pakistan builds road using its recycled plastic in Karachi

KARACHI: Shell Pakistan introduces a plastic infused road in Karachi by recycling discarded Shell lubricant ...

Published 06 Jul, 2023 05:42am

Opinion

Criticality of foreign investment

Apparently, foreign investors are finding it difficult to maintain sustainability of their businesses in Pakistan....

Updated 03 Jul, 2023 07:56am

Markets

Shell Pakistan’s share price has soared over 24% in 3 days after parent company’s intent to sell

Business Recorder talks to market experts on reasons behind increase

Published 16 Jun, 2023 07:14pm

Shell decides to exit Pakistan market

KARACHI: Shell Petroleum, global energy giant on Wednesday made the strategic decision to sell its entire 77.42...

Updated 15 Jun, 2023 09:06am

BR Research

Shell Pakistan in 1QCY23

Shell Pakistan Limited (PSX: SHEL) announced its financial performance for the first quarter of 2023, which was...

Published 15 May, 2023 08:38am

BR Research

Shell Pakistan – profits return

2022 was a slow year Shell Pakistan Limited (PSX: SHEL) in terms of profitability as the company announced a loss...

Updated 16 Mar, 2023 11:28am

Sports

Shell Pakistan to continue as sponsor of Multan Sultans

KARACHI: Shell Pakistan announced the continuation of its sponsorship of Multan Sultans team in the HBL Pakistan...

Published 11 Jan, 2023 05:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.21
USD to Swiss Franc / May 16	0.83
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 15	5,916.93
Nasdaq / May 15	19,112.32
Dow Jones / May 15	42,322.75
India Sensex / May 16	82,241.91
Tokyo Nikkei / May 16	37,762.61
Hang Seng / May 16	23,345.94
FTSE 100 / May 16	8,686.51
Germany DAX 30 / May 16	23,854.97
France CAC40 / May 16	7,901.67

Item	Value
Karachi Cotton PKR/37.32 KG / May 15	16,985
Gold 10 Grams PKR / May 15	287,379
Crude Oil USD/Barrel / May 16	61.55
Gold Spot USD/Ounce / May 16	3,224.61
Cotton US¢/pound / May 16	65.53
Petrol/Litre / May 17	252.63
Diesel/Litre / May 17	254.64

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
First Capital Equities / May 16 First Capital Equities Limited(FCEL)	4.50 ▲ 0.52 (13.07%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Kohinoor Mills / May 16 Kohinoor Mills Limited(KML)	32.09 ▲ 2.92 (10.01%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.16 ▼ -0.54 (-14.59%)
Tariq Corp.Pref. / May 16 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.14 ▼ -0.97 (-11.96%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	47.57 ▼ -5.27 (-9.97%)
Apna Microfin. / May 16 Apna Microfinance Bank Limited(AMBL)	9.05 ▼ -0.99 (-9.86%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Ellcot Spinning / May 16 Ellcot Spinning Mills Limited(ELSM)	101.65 ▼ -10.54 (-9.39%)
East West Ins. / May 16 East West Insurance Company Limited(EWIC)	52 ▼ -5.29 (-9.23%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.30 ▼ -2.43 (-9.09%)
B. F. Mod. / May 16 B.F. Modaraba(BFMOD)	7.95 ▼ -0.78 (-8.93%)
Olympia Mills / May 16 Olympia Mills Limited(OML)	46.20 ▼ -4.27 (-8.46%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,317,984 ▲ 0.21
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,148,988 ▼ -0.18
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,049,504 ▲ 1.31
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,229,848 ▼ -0.52
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	18,507,342 ▼ -0.04
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,144,829 ▼ -1.47
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,543,964 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,849,609 ▲ 0.05
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,650,899 ▲ 0.64
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,606,631 ▼ -1.2

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