Home - Business Recorder

Updated 24 Jun, 2026 09:29pm

Barclays upgraded Pakistan debt to overweight on oil outlook: Bloomberg

Pakistan economy continues to demonstrate stability, with an improved fiscal position, report says

Pakistan

US-Iran technical talks expected to resume next week: FO

Published 24 Jun, 2026 09:29pm

World

Trump says assured by Iran no tolls to be charged at Hormuz

Published 24 Jun, 2026 05:54pm

Markets

Tasdeeq set for PSX IPO, a first for South Asia’s credit information industry

Published 24 Jun, 2026 09:06pm

Markets

Buying rally at PSX, KSE-100 up nearly 1,900 points

Updated 24 Jun, 2026 06:26pm

BR Research

PTA invites bids for mobile virtual network licences

Published 24 Jun, 2026 08:31pm

Markets

Brent hits lowest since before start of Iran war as more tankers exit Hormuz

Updated 24 Jun, 2026 08:51pm

World

India hails progress in US trade talks, but no deal yet

Published 24 Jun, 2026 06:05pm

Pakistan

PM Shehbaz, Qatar Emir discuss Pakistan-brokered US-Iran peace process

Published 24 Jun, 2026 05:34pm

Markets

Gold slips as Fed rate-hike expectations buoy dollar

Published 24 Jun, 2026 07:48am

World

US Senate votes to halt Iran war in latest rebuke of Trump

Updated 24 Jun, 2026 06:30pm

Must Read

Editorials

Population ‘bomb’

Editorials

Open for exits

Perspectives

From green haven to concrete zone: Shakarparian’s slow disappearance

Opinion

Handling the lows of the high performers

Opinion

Information deluge

BR Research

IT exports: strong run, hard climb ahead

BR Research

Interloop Limited: performance and outlook

Editorials

KP Budget

Business & Finance

Can Pakistan's peacekeeping role in Iran war give it an economic dividend?

Markets

IPO at PSX: Select Technologies mobilises Rs3.02bn through selling 88.88mn shares

Editorials

Balochistan Budget

PM vows Pakistan will never let Iran down

Buying rally at PSX, KSE-100 up nearly 1,900 points

Interloop Limited: performance and outlook

KP drops MHPP from World Bank-funded energy project

35 changes made in Finance Bill, 2026: Airlines get sales tax exemption on aircraft import

Brent hits lowest since before start of Iran war as more tankers exit Hormuz

US Senate votes to halt Iran war in latest rebuke of Trump

OGDCL brings Sahito-1 gas discovery into production

Circular debt plan: OGDCL receives final payment

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	278.41
USD PKR Interbank Buying / Jun 23	278.21
USD to Japanese Yen / Jun 24	161.63
USD to Swiss Franc / Jun 24	0.81
Pound Sterling to USD / Jun 24	1.32
Euro to USD / Jun 24	1.14
SOFR % / Jun 23	3.62

Stock	Volume
S&P 500 / Jun 23	7,365.46
Nasdaq / Jun 23	25,587.04
Dow Jones / Jun 23	51,666.84
India Sensex / Jun 24	76,940.11
Tokyo Nikkei / Jun 24	69,523.79
Hang Seng / Jun 24	23,277.20
FTSE 100 / Jun 24	10,427.32
Germany DAX 30 / Jun 24	24,651.10
France CAC40 / Jun 24	8,352.58

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 23	18,580
Gold 10 Grams PKR / Jun 23	368,985
Petrol/Litre / Jun 24	299.50
Crude Oil USD/Barrel / Jun 24	72.83
Gold Spot USD/Ounce / Jun 24	4,088.29
Diesel/Litre / Jun 24	311.47
Cotton US¢/pound / Jun 24	78.45

Gainers
Losers
Leaders

Stock	Price
Ghani Chemworld Limited (R) / Jun 24 Ghani Chemworld Limited Right(GCWLR)	8.01 ▲ 1 (14.27%)
Gulistan Sp. / Jun 24 Gulistan Spinning Mills Limited(GUSM)	10.07 ▲ 1 (11.03%)
Ali Asghar / Jun 24 Ali Asghar Textile Mills Limited(AATM)	57.61 ▲ 5.24 (10.01%)
Al-Shaheer Corp / Jun 24 Al Shaheer Corporation Limited(ASC)	12.20 ▲ 1.11 (10.01%)
Feroze 1888 / Jun 24 Feroze1888 Mills Limited(FML)	57.48 ▲ 5.23 (10.01%)

Stock	Price
Int. Knit. / Jun 24 International Knitwear Limited(INKL)	100.24 ▼ -11.14 (-10%)
First Fid. Leasing / Jun 24 First Fidelity Leasing Modaraba(FFLM)	22.28 ▼ -2.47 (-9.98%)
NIT PakistanXD / Jun 24 NIT Pakistan Gateway ETF(NITGETF)	37.25 ▼ -3.75 (-9.15%)
Aruj Industries / Jun 24 Aruj Industries Limited(ARUJ)	10.89 ▼ -1.05 (-8.79%)
Shams Textile / Jun 24 Shams Textile Mills Limited(STML)	42.02 ▼ -3.28 (-7.24%)

Stock	Volume
K-Electric Ltd. / Jun 24 K-Electric Limited(KEL)	65,391,815 ▲ 0.14
Pak Int.Bulk / Jun 24 Pakistan International Bulk Terminal(PIBTL)	65,127,482 ▲ 1.05
WorldCall Telecom / Jun 24 Worldcall Telecom Limited(WTL)	28,923,572 ▲ 0.02
Pak Elektron / Jun 24 Pak Elektron Limited(PAEL)	24,084,263 ▲ 0.95
The Organic Meat / Jun 24 The Organic Meat Company Limited(TOMCL)	16,472,450 ▲ 3.04

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	278.41
USD PKR Interbank Buying / Jun 23	278.21
USD to Japanese Yen / Jun 24	161.63
USD to Swiss Franc / Jun 24	0.81
Pound Sterling to USD / Jun 24	1.32
Euro to USD / Jun 24	1.14
SOFR % / Jun 23	3.62

Stock	Volume
S&P 500 / Jun 23	7,365.46
Nasdaq / Jun 23	25,587.04
Dow Jones / Jun 23	51,666.84
India Sensex / Jun 24	76,940.11
Tokyo Nikkei / Jun 24	69,523.79
Hang Seng / Jun 24	23,277.20
FTSE 100 / Jun 24	10,427.32
Germany DAX 30 / Jun 24	24,651.10
France CAC40 / Jun 24	8,352.58

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 23	18,580
Gold 10 Grams PKR / Jun 23	368,985
Petrol/Litre / Jun 24	299.50
Crude Oil USD/Barrel / Jun 24	72.83
Gold Spot USD/Ounce / Jun 24	4,088.29
Diesel/Litre / Jun 24	311.47
Cotton US¢/pound / Jun 24	78.45

PM vows Pakistan will never let Iran down

Buying rally at PSX, KSE-100 up nearly 1,900 points

Interloop Limited: performance and outlook

KP drops MHPP from World Bank-funded energy project

35 changes made in Finance Bill, 2026: Airlines get sales tax exemption on aircraft import

Brent hits lowest since before start of Iran war as more tankers exit Hormuz

US Senate votes to halt Iran war in latest rebuke of Trump

OGDCL brings Sahito-1 gas discovery into production

Circular debt plan: OGDCL receives final payment

Latest Videos

I will visit Tehran next week to pay respects to the late Supreme Leader, says PM Shehbaz

13 killed at Qatar LNG plant following technical failure, including Pakistanis and Indians

Pakistan's labour market crisis

'We love Pakistan' says JD Vance

Prime Minister Shehbaz Sharif departs for Burgenstock, Switzerland on an official visit

Business & Finance

Stocks

Tasdeeq set for PSX IPO, a first for South Asia’s credit information industry

Company expected to sell shares to investors and make them available for public trade at PSX in August 2026

Published 24 Jun, 2026 09:06pm

BR Research

IT exports: strong run, hard climb ahead

Pakistan’s IT exports remain robust. In 11MFY26, exports of IT and IT-enabled services reached USD4.184 billion, up...

Updated 24 Jun, 2026 08:19am

Barclays upgraded Pakistan debt to overweight on oil outlook: Bloomberg

Pakistan economy continues to demonstrate stability, with an improved fiscal position, report says

Updated 24 Jun, 2026 09:29pm

Exchange

Rupee registers gain against US dollar

Settles at 278.20 against greenback

Updated 24 Jun, 2026 08:44pm

BR Research

Interloop Limited: performance and outlook

Interloop Limited (PSX: ILP) was incorporated in Pakistan in 1992 and got listed on PSX in 2019. The company is...

Updated 24 Jun, 2026 08:34am

Companies

Govt shareholding in PPL climbs to 74.86% following SC's ruling

Govt shareholding in Pakistan Petroleum Limited rises to 74.86%

Published 24 Jun, 2026 03:21pm

Pakistan-Bangladesh founded Revora raises $2mn seed round, rebrands to focus on AI-powered e-commerce

Revora, an AI operating platform, raised $2mn to empower e-commerce businesses, particularly in its fastest-growing market, Saudi Arabia

Updated 24 Jun, 2026 04:29pm

Companies

Pakistan's Liven Pharma enters into strategic partnership with China’s TOFFLON

Marks a key step in its Vision 2030, aiming to transform Pakistan's pharma sector with world-class manufacturing tech

Published 24 Jun, 2026 02:11pm

Circular debt plan: OGDCL receives final payment

Completes a total of Rs92 billion under the government's circular debt settlement plan, boosting energy sector stability

Published 24 Jun, 2026 12:19pm

Lotte Chemical reappoints chairman, CEO

Reappoints Chairman Imtiaz Ahmed and CEO Adnan Afridi

Published 24 Jun, 2026 11:57am

BR Research

Fuel price- let the market work

The government has kept juggling the petroleum pricing formula ever since the US-Iran war started. There was high...

Updated 23 Jun, 2026 07:39am

BR Research

LSM finds its footings

Large-Scale Manufacturing is beginning to look less like a comeback story and more like a return to normalcy. April...

Updated 23 Jun, 2026 07:40am

BR Research

Maqbool Textile Mills Limited

Maqbool Textile Mills Limited (PSX: MQTM) was incorporated in Pakistan as a public limited company in 1989. The...

Updated 23 Jun, 2026 07:47am

BR Research

The recovery that wasn't

Even when businesses were becoming more confident about the economic recovery and the trajectory of growth,...

Published 22 Jun, 2026 05:36am

Pakistan

US-Iran technical talks expected to resume next week: FO

FO spokesperson says June 30 remains the most likely date for the talks

Published 24 Jun, 2026 09:29pm

PM Shehbaz, Qatar Emir discuss Pakistan-brokered US-Iran peace process

Qatari Emir lauds Pakistan's diplomatic efforts in the US-Iran peace process

Published 24 Jun, 2026 05:34pm

2026-06-24-02-12

Iran’s ballistic missile programme not part of Islamabad MoU: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday clarified that Iran’s ballistic missile programme was not part... Published 24 Jun, 2026 07:24am

2026-06-24-02-12

Pakistan, Iran vow to deepen bilateral ties

ISLAMABAD: Pakistan and Iran vowed to further strengthen cooperation for promoting regional peace and security,... Published 24 Jun, 2026 07:27am

2026-06-24-01-05

Justice Hassan takes oath as FCC acting CJ

ISLAMABAD: Justice Hassan Azhar Rizvi took oath as acting Chief Justice of the Federal Constitutional Court in a... Published 24 Jun, 2026 05:52am

2026-06-24-01-05

EU-funded BES-II: Over 760,000 children access quality education

ISLAMABAD: Over 760,000 children in Balochistan accessed quality education through expanded learning opportunities... Published 24 Jun, 2026 05:52am

World

Middle East

US forces killed Islamic State leader in Syria airstrike, Central Command says

Islamic State declares a new phase of operations in Syria against the government of President Ahmed al-Sharaa

Published 24 Jun, 2026 07:41pm

Middle East

Trump says assured by Iran no tolls to be charged at Hormuz

Tehran plans to charge what it calls maritime service fees for crossing the strait

Published 24 Jun, 2026 05:54pm

South Asia

STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hit

Some of Google Cloud’s intermittent network disruptions in India are also linked to the fire

Published 24 Jun, 2026 08:01pm

South Asia

India hails progress in US trade talks, but no deal yet

Says two days of talks with Greer were held in a constructive and forward-looking manner

Published 24 Jun, 2026 06:05pm

USA

Rubio starts Gulf tour as allies sceptical about Iran deal seek answers

Rubio holds a working lunch with UAE President Sheikh Mohammed bin Zayed Al Nahyan and other senior figures

Published 24 Jun, 2026 05:26pm

The price makes 'GTA VI' one of the most expensive base versions of a top-tier game

Published 24 Jun, 2026 09:11pm

Life & Style

From old to new: unsold concert T-shirts repurposed for music tours

Safeguarding protocols mandated by the global cricket body ICC and the United Kingdom prohibit players under 16 from using adult dressing rooms

Published 24 Jun, 2026 08:59pm

Sports

Senegal keeper Mendy out of World Cup clash with Iraq due to knee injury

Bosnia expect to be well supported by their fans, who have been visible in large numbers in Seattle this week

Published 24 Jun, 2026 11:38am

Sports

Croatia scorer Budimir hails win over Panama that keeps hopes alive

Published 24 Jun, 2026 11:33am

Sports

Munoz strike sends Colombia into World Cup Round of 32

Published 24 Jun, 2026 11:01am

Most Popular

Most Popular

I will visit Tehran next week to pay respects to the late Supreme Leader, says PM Shehbaz

13 killed at Qatar LNG plant following technical failure, including Pakistanis and Indians

Pakistan's labour market crisis

'We love Pakistan' says JD Vance

Prime Minister Shehbaz Sharif departs for Burgenstock, Switzerland on an official visit