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Updated 20 Nov, 2024 10:53pm

US vetoes UN Security Council resolution on Gaza ceasefire

Only US votes against, using its veto as permanent council member to block resolution

Pakistan

Imran Khan gets bail in new Toshakana case

Updated 20 Nov, 2024 10:58pm

Pakistan

US says ‘dedicated to enhancing Pakistan’s civilian, military capabilities’ amid terror attacks

Updated 20 Nov, 2024 10:40pm

Pakistan

Suicide blast martyrs 12 security personnel in Bannu District, says ISPR

Updated 20 Nov, 2024 10:53pm

Pakistan

Interior Ministry approves deployment of Rangers, FC in Islamabad ahead of PTI protest

Updated 20 Nov, 2024 10:58pm

Markets

OPEC Secretary General tells COP29 oil is a gift from God

Published 20 Nov, 2024 10:02pm

Markets

Rupee registers marginal decline against US dollar

Updated 20 Nov, 2024 10:00pm

Markets

Proft-taking weighs on PSX, KSE-100 closes lower by 310 points

Updated 20 Nov, 2024 09:48pm

Pakistan

Joint military exercise between Pakistan, China begins in Pabbi

Published 20 Nov, 2024 09:24pm

World

US shuts Kyiv embassy due to ‘potential significant air attack’

Updated 20 Nov, 2024 10:40pm

Pakistan

Transfer of Chinese industries to Pakistan: Ahsan directs officials to identify sites for Model SEZs

Updated 20 Nov, 2024 09:22pm

Must Read

Editorials

Current Account surplus

BR Research

Cement: Redefining the game

Opinion

The real and present killer

Business & Finance

Why Dubai’s current real estate boom is here to stay

Opinion

Punjab Agricultural Income Tax (Amendment) Bill 2024

Editorials

The Finance Minister’s defence

BR Research

Current account roundup 4MFY25: surpluses galore!

Opinion

Problems with IMF projections—II

BR Research

LSM: 1QFY25 back in red

Opinion

Keeping the lights on: understanding ancillary services in power grid

Editorials

Govt approach to IPPs comes perilously close to coercion

Recorder headlines

PM Shehbaz addresses Apex Committee meeting in Islamabad

Pakistan, Saudi Arabia working to enhance economic, investment cooperation: PM Shehbaz

Recorder headlines

IDEAS will prove to be milestone in development of country’s defence industry: Khawaja Asif

Budget 2024-25: income tax calculator for FY25

NJLI Sarmaya Growth Fund Rates

Why Dubai’s current real estate boom is here to stay

Govt vows export-led growth

Petroleum Div for selling 100mmcfd gas to third party

Schlumberger selected for tight gas evaluation study

Govt aims to lower tax rates for formal sectors: MoS

US says ‘dedicated to enhancing Pakistan’s civilian, military capabilities’ amid terror attacks

Current Account surplus

ECC approves ‘winter package’: Eligible consumers to pay Rs26.07/kWh tariff

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	155.29
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 19	5,916.98
India Sensex / Nov 19	77,578.38
Nasdaq / Nov 19	18,987.47
Dow Jones / Nov 19	43,268.94
Tokyo Nikkei / Nov 20	38,283.04
Hang Seng / Nov 20	19,643.68
FTSE 100 / Nov 20	8,123.08
Germany DAX 30 / Nov 20	19,154.49

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 19	18,085
Gold 10 Grams PKR / Nov 19	234,482
Crude Oil USD/Barrel / Nov 20	69.39
Gold Spot USD/Ounce / Nov 20	2,629.88
Cotton US¢/pound / Nov 20	69.36
Petrol/Litre / Nov 21	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	609.11 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	59.80 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	609.11 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	59.80 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	60,058,856 ▲ 0.00
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	44,488,839 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	42,303,494 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	40,653,449 ▲ 0.00
P.T.C.L. / Nov 21 Pakistan Telecommunication Company Ltd(PTC)	40,072,992 ▲ 0.00

Markets →

Recorder headlines

PM Shehbaz addresses Apex Committee meeting in Islamabad

Pakistan, Saudi Arabia working to enhance economic, investment cooperation: PM Shehbaz

Recorder headlines

IDEAS will prove to be milestone in development of country’s defence industry: Khawaja Asif

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	155.29
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 19	5,916.98
India Sensex / Nov 19	77,578.38
Nasdaq / Nov 19	18,987.47
Dow Jones / Nov 19	43,268.94
Tokyo Nikkei / Nov 20	38,283.04
Hang Seng / Nov 20	19,643.68
FTSE 100 / Nov 20	8,123.08
Germany DAX 30 / Nov 20	19,154.49

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 19	18,085
Gold 10 Grams PKR / Nov 19	234,482
Crude Oil USD/Barrel / Nov 20	69.39
Gold Spot USD/Ounce / Nov 20	2,629.88
Cotton US¢/pound / Nov 20	69.36
Petrol/Litre / Nov 21	248.38

NJLI Sarmaya Growth Fund Rates

Why Dubai’s current real estate boom is here to stay

Govt vows export-led growth

Petroleum Div for selling 100mmcfd gas to third party

Schlumberger selected for tight gas evaluation study

Govt aims to lower tax rates for formal sectors: MoS

US says ‘dedicated to enhancing Pakistan’s civilian, military capabilities’ amid terror attacks

Current Account surplus

ECC approves ‘winter package’: Eligible consumers to pay Rs26.07/kWh tariff

Business & Finance

Commodities

Gold price per tola increases Rs800 in Pakistan

Gold prices in Pakistan advanced on Wednesday in line with their increase in the international rates. In the local... Published 20 Nov, 2024 06:35pm

BR Research

Cement: Redefining the game

There is nothing particularly surprising about the cement industry making reasonable earnings amid a demand drought....

Published 20 Nov, 2024 08:47am

Energy

Expanding renewables: Kohat Cement installs 5.34 MW solar power plant

Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement... Updated 20 Nov, 2024 03:31pm

Currency

Rupee registers marginal decline against US dollar

Currency settles at 278.04 against the greenback in inter-bank market

Updated 20 Nov, 2024 10:00pm

BR Research

Fecto Cement Limited

Fecto Cement Limited (PSX: FECTC) was incorporated in Pakistan as a public limited company in 1981. The company is...

Published 20 Nov, 2024 08:44am

Stocks

Proft-taking weighs on PSX, KSE-100 closes lower by 310 points

After a strong start led by buying momentum, profit-taking was observed at the Pakistan Stock Exchange (PSX) as the... Updated 20 Nov, 2024 09:48pm

Companies

IBEX Limited buys back 3.56mn shares from TRGI in $70mn deal

IBEX Limited, a US-based technology company, has repurchased approximately 3.56 million shares for $70 million from... Updated 20 Nov, 2024 07:30pm

Real Estate

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

2024-11-20-03-27

ECC approves ‘winter package’: Eligible consumers to pay Rs26.07/kWh tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a three-month winter... Updated 20 Nov, 2024 09:26am

2024-11-20-03-27

Rs148bn receivables: SNGPL holds CPPA-G responsible

ISLAMABAD: Sui Northern Gas Company Limited (SNGPL) holds the Central Power Purchasing Agency– Guaranteed (CPPA-G),... Updated 20 Nov, 2024 09:18am

BR Research

Current account roundup 4MFY25: surpluses galore!

The current account posted a surplus of $349 million in October, and the 4MFY25 surplus stands at $218 million....

Published 19 Nov, 2024 08:50am

BR Research

LSM: 1QFY25 back in red

While most macroeconomic indicators have improved in the past few months, and the authorities are increasingly...

Published 19 Nov, 2024 08:47am

BR Research

Redco Textiles Limited

Redco Textiles Limited (PSX: REDCO) is incorporated in Pakistan as a public limited company. It began its operations...

Published 19 Nov, 2024 08:42am

BR Research

IMF: Steady does it

The IMF’s “no surprises” visit comes to a close and the team has gone back. The mission was here for a stock-taking...

Published 18 Nov, 2024 08:49am

Pakistan

Joint military exercise between Pakistan, China begins in Pabbi

The opening ceremony of the Pak-China Joint Exercise Warrior-VIII between the Pakistan Army and the Peoples’... Published 20 Nov, 2024 09:24pm

Transfer of Chinese industries to Pakistan: Ahsan directs officials to identify sites for Model SEZs

Planning minister Ahsan Iqbal on Wednesday directed the officials concerned to identify suitable sites for the... Updated 20 Nov, 2024 09:22pm

Interior Ministry approves deployment of Rangers, FC in Islamabad ahead of PTI protest

The Interior Ministry has approved the deployment of Rangers and Frontier Constabulary (FC) in Islamabad to maintain... Updated 20 Nov, 2024 10:58pm

Imran Khan gets bail in new Toshakana case

IHC justice orders former prime minister's release

Updated 20 Nov, 2024 10:58pm

Suicide blast martyrs 12 security personnel in Bannu District, says ISPR

Security forces kill six terrorists

Updated 20 Nov, 2024 10:53pm

US says ‘dedicated to enhancing Pakistan’s civilian, military capabilities’ amid terror attacks

US State Department spokesperson Matthew Miller says Washington aware of the recent terrorist attacks in Pakistan

Updated 20 Nov, 2024 10:40pm

World

Hamas: No hostages-for-prisoners swap deal with Israel unless Gaza war ends

CAIRO: Hamas’ acting Gaza chief Khalil al-Hayya said in an interview with Al-Aqsa TV released on Wednesday that... Published 20 Nov, 2024 11:55pm

MENA

US vetoes UN Security Council resolution on Gaza ceasefire

Only US votes against, using its veto as permanent council member to block resolution

Updated 20 Nov, 2024 10:53pm

Europe

Lula says he and Xi put ‘peace first’ in world roiled by conflict

BRASÍLIA: Brazilian President Luiz Inacio Lula da Silva said during a state visit Wednesday by Chinese President Xi... Published 20 Nov, 2024 10:53pm

Europe

Ukraine fires UK Storm Shadow missiles into Russia: Bloomberg

LONDON: Ukraine has fired long-range British Storm Shadow missiles into Russian territory for the first time,... Published 20 Nov, 2024 07:43pm

South Asia

India’s ruling party projected to have edge in crucial state polls

MUMBAI: Indian Prime Minister Narendra Modi’s party and its allies are projected to have an edge in two crucial... Published 20 Nov, 2024 09:12pm

Editorials

Current Account surplus

EDITORIAL: Pakistan’s current account surplus for the first four months of the current year was 218 million dollars...

Unmet expectations or what?

EDITORIAL: The PPP and the PML-N have been in a partnership, generally viewed as a coalition of convenience, for ...

The Finance Minister’s defence

EDITORIAL: Finance Minister Muhammad Aurangzeb during his press briefing on Sunday appreciated the efforts towards...

Polio in Pakistan: 49 and counting

EDITORIAL: With the total number of reported polio cases this year jumping to 49, Pakistan now holds the dubious...

Govt approach to IPPs comes perilously close to coercion

EDITORIAL: Negotiations with Independent Power Producers (IPPs) are well under way in the second phase, following...

Opinion

The real and present killer

Andleeb Abbas

Bomb blasts. Shoot-outs. Missiles. All are killers. When they happen, there is uproar. There is panic. There are...

Punjab Agricultural Income Tax (Amendment) Bill 2024

The Punjab Agricultural Income Tax (Amendment) Bill 2024 is a significant legislative initiative aimed at ...

Reserves increased from two weeks to two months, bravo!

Dr Farid A Malik

A beaming Finance Minister and former President of the country’s largest bank proudly announced that the foreign...

Smog: Who’s responsible?

Kamran Arshad | Shahid Sattar | Absar Ali

Smog choking Pakistan’s major urban hubs is a tragedy that has been decades in the making, rooted in poor policy...

PARTLY FACETIOUS: ‘Each Pakistani woman has 6.2 children in her lifetime… .’

Anjum Ibrahim

“I would advise amending the constitution or laws – I am not sure what is applicable.” “I know what you are...

Perspectives

Rethinking climate finance: a call for urgent reform

Amir Ali Rajani

“The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.”...

Injectables: there are some hidden dangers with the common practice

Dr Sarah Mansoor

In our part of the world, it’s all too common for patients to demand intramuscular and intravenous injections for...

Thinking of travelling to Dubai? here are some recommendations this season

Travel Recorder

Along with expanding on businesses and cultural events, the city is also rapidly building infrastructure to house new residents and the increasing influx of tourists

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