Home - Business Recorder

Updated 19 Apr, 2024 09:29am

IMF says ready to support, stresses need for reform

IMF's Middle East and Central Asia director says it is important to accelerate the reforms, double down on the structure of reforms in order to provide Pakistan with its full potential of growth

World

Israel attacks Iran, sources say, drones reported over Isfahan

Updated 19 Apr, 2024 10:30am

Markets

Oil prices surge 3% on reports of Israeli strikes on Iran

Updated 19 Apr, 2024 10:38am

Markets

Intra-day update: rupee gains against US dollar

Published 19 Apr, 2024 10:28am

Pakistan

Police kill bomber, militant to thwart attack on Japanese nationals in Karachi

Published 19 Apr, 2024 10:26am

Saudi business tycoons due shortly: PM

Updated 19 Apr, 2024 09:20am

Fund for hiring top-notch professionals: Aurangzeb asked to engage with corporate sector

Updated 19 Apr, 2024 10:40am

Global investors apprised about upward forex trend

Updated 19 Apr, 2024 09:02am

SBP’s reserves up $14.4m to $8.055bn

Updated 19 Apr, 2024 09:02am

Discos officials conniving with power thieves to face the music

Updated 19 Apr, 2024 09:23am

PM seeks urgent plan to revamp transmission system, Discos

Updated 19 Apr, 2024 09:01am

Must Read

Editorials

The LSM decline

Opinion

Section 7E: Constitutional validity

Opinion

EFF programme, non-inflationary economic growth, and counter-cyclical policy approach

BR Research

Repatriation picks up!

Opinion

Ending hopium — III

Editorials

Pak-Saudi relationship is alive and kicking

BR Research

Time to miss another opportunity

Opinion

Brent and Bibi

Opinion

Ending hopium—II

World

Australia mulls citizenship for Pakistani guard in Sydney mall attack

Opinion

Developing the semiconductor industry

Calculate your monthly liability in FY24

Budget: body formed to firm up proposals

Aurangzeb expects to avoid wild rupee devaluation as govt engages IMF: report

Rupee largely stable against US dollar

Demand & supply side: More work needs to be done: IMF official

Equity trading: SECP files criminal complaint against 2 individuals on charges of front-running

‘Kindly refrain from emailing Mr. Porter and Ms. Kozack...,’ IMF tells BR

E-filers face problems after new amendments to ST rules

NJLI Sarmaya Growth Fund Rates

Aurangzeb meets Donald Lu, other US officials

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

NJLI Sarmaya Growth Fund Rates

Saudi Arabia agrees to build strong partnership

24.8pc inflation forecast: IMF projects 2pc growth

Rupee again sees marginal decline against US dollar

Dhaka-based Bank Asia looks to acquire Bank Alfalah Bangladesh

Rising capacity payments: EVs to the rescue

Riyadh eyes significant investment in Pakistan: Saudi FM

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.61
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.24
Euro to USD / Apr 18	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
India Sensex / Apr 18	72488.99
Tokyo Nikkei / Apr 18	37716.66
Nasdaq / Apr 18	15601.50
Hang Seng / Apr 18	16385.87
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40

Item	Value
Crude Oil USD/Barrel / Apr 18	82.64
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Gold Spot USD/Ounce / Apr 18	2374.36
Cotton US¢/pound / Apr 18	80.61
Petrol/Litre / Apr 19	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.61
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.24
Euro to USD / Apr 18	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
India Sensex / Apr 18	72488.99
Tokyo Nikkei / Apr 18	37716.66
Nasdaq / Apr 18	15601.50
Hang Seng / Apr 18	16385.87
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40

Item	Value
Crude Oil USD/Barrel / Apr 18	82.64
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Gold Spot USD/Ounce / Apr 18	2374.36
Cotton US¢/pound / Apr 18	80.61
Petrol/Litre / Apr 19	293.94

Budget: body formed to firm up proposals

Aurangzeb expects to avoid wild rupee devaluation as govt engages IMF: report

Rupee largely stable against US dollar

Demand & supply side: More work needs to be done: IMF official

Equity trading: SECP files criminal complaint against 2 individuals on charges of front-running

‘Kindly refrain from emailing Mr. Porter and Ms. Kozack...,’ IMF tells BR

E-filers face problems after new amendments to ST rules

NJLI Sarmaya Growth Fund Rates

Aurangzeb meets Donald Lu, other US officials

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

NJLI Sarmaya Growth Fund Rates

Saudi Arabia agrees to build strong partnership

24.8pc inflation forecast: IMF projects 2pc growth

Rupee again sees marginal decline against US dollar

Dhaka-based Bank Asia looks to acquire Bank Alfalah Bangladesh

Rising capacity payments: EVs to the rescue

Riyadh eyes significant investment in Pakistan: Saudi FM

Surge in remittances

Business & Finance

Currency

Intra-day update: rupee gains against US dollar

Currency hovers at 278-279 level in the inter-bank market

Published 19 Apr, 2024 10:28am

BR Research

Power generation: The rut continues

For the sixth month running, electricity generation went down year-on-year, as March 2024 generation was recorded...

Published 19 Apr, 2024 08:55am

Energy

Oil prices surge 3% on reports of Israeli strikes on Iran

Oil prices jumped $3 a barrel on Friday in reaction to reports that Israeli missiles had struck a site in Iran,... Updated 19 Apr, 2024 10:38am

2024-04-19-02-42

PM forms body to probe Matiari Transmission Line underutilisation

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee headed by Minister for Petroleum Senator... Updated 19 Apr, 2024 09:34am

BR Research

Repatriation picks up!

Repatriation of dividends and profits on net foreign direct investment that had tumbled to negligible level in FY23...

Published 19 Apr, 2024 08:52am

2024-04-19-02-49

Jul-Mar ’24: Textile group exports down 0.25pc to $12.44bn YoY

ISLAMABAD: The country’s textile group exports declined by around 0.25 percent during the first nine months... Published 19 Apr, 2024 05:07am

Business & Economy

Pakistan’s inflation deceleration broad-based, says central bank chief

Jameel Ahmad says qualitative improvements in external account allowed the State Bank to more than double its foreign exchange reserves since January 2023

Updated 18 Apr, 2024 10:43pm

2024-04-19-01-43

Tractor supplier failed to recover taxes

LAHORE: A supplier of imported tractors has failed to recover extra duties and taxes because of signing a contract ... Published 19 Apr, 2024 05:07am

2024-04-19-02-42

FBR names officials for better FBR/PRAL liaison

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 25 focal persons in the field formations for... Published 19 Apr, 2024 05:07am

2024-04-19-01-43

TMB announces Rs1.2bn pre-tax profit for FY23

KARACHI: Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform... Published 19 Apr, 2024 05:07am

BR Research

Interview with Kashif Hussain Shah - Executive Director, Skills360

“We aim to also create opportunities for job creation and economic growth.” Coach360, a platform for mentoring and...

Published 19 Apr, 2024 07:13am

BR Research

Time to miss another opportunity

Lady luck has a strange romance reserved for PML-N. After two years of record high food inflation - averaging above...

Published 18 Apr, 2024 07:44am

BR Research

LSM: 20 months in the red

The longest negative LSM growth streak got longer, as per the latest data released by the Pakistan Bureau of...

Published 18 Apr, 2024 07:39am

BR Research

KSB Pumps Company Limited

KSB Pumps Company Limited (PSX: KSBP) is a KSB group company incorporated in Pakistan in 1959. The company’s core...

Published 18 Apr, 2024 07:32am

Pakistan

Police kill bomber, militant to thwart attack on Japanese nationals in Karachi

KARACHI: Police in Karachi shot down a suicide bomber and a militant on Friday as they attacked a vehicle carrying... Published 19 Apr, 2024 10:26am

2024-04-19-02-49

Zardari’s address: Joint sitting of parliament drowned in din

ISLAMABAD: President Asif Ali Zardari, Thursday, addressed a joint sitting of Parliament amid the protest of... Published 19 Apr, 2024 05:07am

2024-04-19-02-49

President for joint efforts to steer country out of crises

ISLAMABAD: President Asif Ali Zardari on Thursday stressed the need to make joint efforts to steer the country out ... Published 19 Apr, 2024 05:07am

2024-04-19-02-49

Five Customs personnel martyred in D I Khan

ISLAMABAD: Five officials of the Directorate of Intelligence & Investigation Customs (Peshawar) embraced... Published 19 Apr, 2024 05:07am

2024-04-19-02-42

Intelligence agencies: SC urged to order investigation into IHC judges’ allegations

ISLAMABAD: The Supreme Court has been requested to pass an order to probe the Islamabad High Court (IHC) judges’... Published 19 Apr, 2024 05:07am

2024-04-19-02-42

Quetta, Gwadar submerged, roads washed away as stormy rains lash Balochistan

GWADAR: Continuous heavy rains have caused widespread destruction in Balochistan. Quetta and Gwadar submerged and... Published 19 Apr, 2024 05:07am

World

Israel attacks Iran, sources say, drones reported over Isfahan

Iranian media says forces destroy drones

Updated 19 Apr, 2024 10:30am

2024-04-19-02-49

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