SSGC and SNGP rise 4.98% & 5.00% on the back of new deals

MG News | January 08, 2018 at 12:28 PM GMT+05:00

0:00

As reported by MG Link News after the market hours on Friday, Prime Minister Shahid Khaqan Abbasi approved financing plan for 1.2 Billion Cubic Feet per Day (BCFD) capacity RLNG-III pipeline project (Karachi to Lahore) to be undertaken by SSGCL and SNGPL. The ECC directed Petroleum Division to also examine the possibility of Public-Private Partnership for the project.

$\"\"$

Sui Southern Gas Company SSGC gained more than +4.98% reaching its upper lock trading with average volumes of the week.

Sui Northern Gas Company SNGP, the other company that is part of the 39 billion Rupees project, also attracted a lot of interest from investors as it gained +5.00% within the first three hours of trading.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	160,935.13 302.86M	-0.47% -752.05
ALLSHR	97,686.29 1,543.63M	-0.40% -388.98
KSE30	48,680.99 105.19M	-0.55% -269.99
KMI30	229,518.04 108.34M	-0.52% -1206.38
KMIALLSHR	63,481.12 606.98M	-0.42% -269.58
BKTi	43,984.51 23.92M	-0.89% -393.05
OGTi	30,948.28 5.94M	-0.56% -175.69

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,635.00	93,960.00 89,325.00	1665.00 1.81%
BRENT CRUDE	64.13	64.42 63.62	-0.07 -0.11%
RICHARDS BAY COAL MONTHLY	85.00	85.00 85.00	-0.55 -0.64%
ROTTERDAM COAL MONTHLY	96.45	96.45 96.45	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.94	60.10 59.26	0.08 0.13%
SUGAR #11 WORLD	14.75	14.88 14.63	-0.05 -0.34%