Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024
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ISLAMABAD: The Power Division clarified on Saturday that the industrial electricity tariff has been reduced approximately by Rs18.94 per unit since March 2024, state media reported.
Directly affected
- No company is named in this report.
Indirectly affected
- XLU Utilities Select Sector SPDR+4.7% 30d
Utilities Select Sector SPDR: it holds power utilities. Linked by “electricity” (power and utilities) in this story.
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- EEM iShares MSCI Emerging Markets ETF-4.4% 17d
iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“pakistan”).
- NEE NextEra Energy+10.5% 30d
NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “electricity” (power and utilities) in this story.
- CAT Caterpillar-31.9% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DUK Duke Energy+7.5% 30d
Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “electricity” (power and utilities) in this story.
- DE Deere-2.2% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLU | +1.25% | +1.14% | base | after close | after close | after close | after close |
| XLI | +4.34% | +4.15% | base | after close | after close | after close | after close |
| EEM | +3.03% | +3.88% | base | after close | after close | after close | after close |
| NEE | -2.20% | +1.70% | base | after close | after close | after close | after close |
| CAT | +9.84% | +5.82% | base | after close | after close | after close | after close |
| DUK | +0.46% | +1.43% | base | after close | after close | after close | after close |
| DE | -0.85% | +0.44% | base | after close | after close | after close | after close |
| WMT | +1.78% | +2.99% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024 Arab News PK
Source: Arab News PK
How far Select Sector Spdr Tr (XLU) has moved since 7 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | three days earlier | +5.82% | final price |
| Caterpillar (CAT) | five days earlier | +9.84% | final price |
| Deere (DE) | three days earlier | +0.44% | final price |
| Deere (DE) | five days earlier | -0.85% | final price |
| Duke Energy (DUK) | three days earlier | +1.43% | final price |
| Duke Energy (DUK) | five days earlier | +0.46% | final price |
| Ishares Tr (EEM) | three days earlier | +3.88% | final price |
| Ishares Tr (EEM) | five days earlier | +3.03% | final price |
| Nextera Energy (NEE) | three days earlier | +1.70% | final price |
| Nextera Energy (NEE) | five days earlier | -2.20% | final price |
| Walmart (WMT) | three days earlier | +2.99% | final price |
| Walmart (WMT) | five days earlier | +1.78% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | +4.15% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | +4.34% | final price |
| Select Sector Spdr Tr (XLU) | three days earlier | +1.14% | final price |
| Select Sector Spdr Tr (XLU) | five days earlier | +1.25% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $15,001 - $50,000 on 2 Oct 2026. That is 36 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $15,001 - $50,000 on 14 Sep 2026. That is 54 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $1,001 - $15,000 on 2 Sep 2026. That is 66 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 40 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Duke Energy (DUK) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 43 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Duke Energy (DUK), worth $1,001 - $15,000 on 24 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 36 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 40 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 43 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLU)
Companies mentioned with this story
- XLU Select Sector Spdr Tr
For “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024,” Select Sector Spdr Tr (XLU) is linked, with no stored direction, medium confidence. Reason on file: Utilities Select Sector SPDR: it holds power utilities. Linked by “electricity” (power and utilities) in this story
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024.” Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- EEM Ishares Tr
For “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“pakistan”)
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024.” Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- NEE Nextera Energy
Nextera Energy (NEE) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024.” Reason on file: NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “electricity” (power and utilities) in this story
- DE Deere
In “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
In “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DUK Duke Energy
In “Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024,” Duke Energy (DUK) is linked, with no stored direction, medium confidence. Reason on file: Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “electricity” (power and utilities) in this story
Select Sector Spdr Tr (XLU)
“Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024” (7 Nov 2026) reaches Select Sector Spdr Tr (XLU) through this story.
For Select Sector Spdr Tr (XLU), the reason on file says Utilities Select Sector SPDR: it holds power utilities. Linked by “electricity” (power and utilities) in this story
Also listed, Select Sector Spdr Tr (XLI): Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Dates and price levels for Select Sector Spdr Tr (XLU)
EEM traded between 65.24 and 68.87 across 14 sessions. The latest close on file is 65.76. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73. XLU traded between 39.05 and 42.88 across 19 sessions. The latest close on file is 42.56.
How strong the case is around Select Sector Spdr Tr (XLU)
46 out of 100
“Pakistan says reduced industrial electricity tariff by Rs18.94 per unit since March 2024” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.