News stories for BR Research - Business Recorder

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Auto: A picture of decay

On March 5th, Indus Motors- maker of Toyota cars in Pakistan- announced it will once again be keeping its production...

Published 25 Mar, 2024 08:57am

BR Research

An interview with Musadaq Zulqarnain, chairman Interloop Limited

‘Pakistan set to lose export market share to India unless we get our act together’ Musadaq Zulqarnain is among the...

Updated 25 Mar, 2024 03:27pm

BR Research

Power generation: Paying more for less

Electricity generation in February 2024 went down 9 percent year-on-year to 6.9 billion units – marking the fifth...

Published 22 Mar, 2024 09:02am

BR Research

Rice exports: the peak is behind us

Small wins should be celebrated, big wins, even more so. During the current fiscal year 2023-24, Pakistan’s foreign...

Published 22 Mar, 2024 08:59am

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Shahtaj Textile Limited

Shahtaj Textile Limited (PSX: STJT) was incorporated in Pakistan as a public limited company in 1990. The company is...

Published 22 Mar, 2024 08:45am

BR Research

Current account roundup: 8MFY24

The practice of having near zero current account balance continues. In February 2024, the current account posted a...

Published 21 Mar, 2024 08:56am

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FDI and SIFC

Foreign direct investment continues to be the weak link in Pakistan’s economy. Regardless of the rise FDI has seen...

Published 21 Mar, 2024 08:42am

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Cyan Limited

Cyan Limited (PSX: CYAN) was incorporated in Pakistan as a public limited company in 1960. It is a subsidiary of...

Published 21 Mar, 2024 08:34am

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Gas price: End the cross subsidy

For the longest time, two-thirds of Pakistanis paid significantly more for their heating requirements than the other...

Published 20 Mar, 2024 06:41am

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Cement: No shrinkage yet

To say that the cement industry has managed to come out of the first half of the fiscal year 2024—a very tough...

Published 20 Mar, 2024 06:37am

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Telecard Limited Company

Telecard Limited Company (PSX: TELE) was incorporated in Pakistan as a public limited company in 1992. The company...

Published 20 Mar, 2024 06:29am

BR Research

MPS: slow (and cautious) wins the race

As expected, SBP has maintained the policy rate at 22 percent. However, the implied forward guidance (the language...

Updated 19 Mar, 2024 09:43am

BR Research

Oil prices in for a surge?

International oil prices have hovered and remained steady over the last month only to be triggered by some recent...

Published 19 Mar, 2024 09:03am

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Aruj Industries Limited

Aruj Industries Limited (PSX: ARUJ) is a public limited company established in 1992. The principal activity of the...

Published 19 Mar, 2024 09:00am

BR Research

LSM: Still in red, just

The Large-Scale Manufacturing (LSM) Index, on a cumulative basis, stayed negative for the 19th straight month, as...

Published 18 Mar, 2024 08:17am

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Cement: Out of proportion

Looking at February’s dispatches, cement industry may kick off the final lap of the fiscal year FY24 in a fix. With...

Published 18 Mar, 2024 08:14am

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Feroz1888 Mills Limited

Feroz1888 Mills Limited (PSX: FML) was incorporated in Pakistan as a public limited company in 1972. The company is...

Published 18 Mar, 2024 08:10am

BR Research

MPS: Stay put in March

The monetary policy meeting is on Monday, March 18, 2024 and analysts are divided on where they will be, some...

Updated 15 Mar, 2024 04:58pm

BR Research

Oil prices favouring upside

Having stayed rather calm for four months, international crude oil prices have once again started to look set for...

Published 15 Mar, 2024 09:00am

BR Research

Interview with Qazafi Qayyum, CEO - TenX

‘Adoption of AI much faster among startups than large organisations’ Qazafi Qayyum is Chief Executive Officer of...

Published 15 Mar, 2024 08:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 7	279.10
USD PKR Interbank Buying / Feb 7	278.90
USD to Japanese Yen / Feb 7	151.83
USD to Swiss Franc / Feb 7	0.91
Pound Sterling to USD / Feb 7	1.24
Euro to USD / Feb 7	1.04
UK LIBOR % / Feb 6	4.96

Stock	Volume
S&P 500 / Feb 6	6,083.57
Nasdaq / Feb 6	19,791.99
Dow Jones / Feb 6	44,747.63
India Sensex / Feb 7	77,690.12
Tokyo Nikkei / Feb 7	38,787.02
Hang Seng / Feb 7	21,133.54
FTSE 100 / Feb 7	8,720.64
Germany DAX 30 / Feb 7	21,935.62
France CAC40 / Feb 7	8,010.74

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	18,285
Gold 10 Grams PKR / Feb 6	256,087
Petrol/Litre / Feb 7	257.13
Crude Oil USD/Barrel / Feb 7	71.16
Gold Spot USD/Ounce / Feb 7	2,864.56
Diesel/Litre / Feb 7	267.95
Cotton US¢/pound / Feb 7	66.40

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Feb 7 Tri-Star Mutual Fund Limited(TSMF)	8.49 ▲ 0.99 (13.2%)
Askari Life Assur. / Feb 7 Askari Life Assurance Company Limited(ALAC)	5.86 ▲ 0.66 (12.69%)
Pak. P.V.C. / Feb 7 Pakistan PVC Limited(PPVC)	10.40 ▲ 0.98 (10.4%)
Imperial Limited / Feb 7 Imperial Limited(IML)	18.86 ▲ 1.71 (9.97%)
Calcorp Ltd / Feb 7 Calcorp Limited(CASH)	34.10 ▲ 2.96 (9.51%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	34.99 ▲ 2.98 (9.31%)
ZIL Limited / Feb 7 ZIL Limited(ZIL)	248 ▲ 20 (8.77%)
Diamond Ind. / Feb 7 Diamond Industries Limited(DIIL)	21.20 ▲ 1.7 (8.72%)
First Capital Equities / Feb 7 First Capital Equities Limited(FCEL)	6.40 ▲ 0.51 (8.66%)
Pakistan Cables / Feb 7 Pakistan Cables Limited(PCAL)	187.01 ▲ 14.88 (8.64%)

Stock	Price
Tariq Corp.Pref. / Feb 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.30 ▼ -0.99 (-11.94%)
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	1.07 ▼ -0.12 (-10.08%)
Leather Up Ltd. / Feb 7 Leather Up Limited(LEUL)	35.26 ▼ -3.92 (-10.01%)
Fateh Sports / Feb 7 Fateh Sports Wear Limited(FSWL)	85.50 ▼ -9.5 (-10%)
Intermarket Securities / Feb 7 Intermarket Securities Limited(IMS)	48.63 ▼ -5.4 (-9.99%)
National Silk / Feb 7 The National Silk & Rayon Mills Limited(NSRM)	33.41 ▼ -3.7 (-9.97%)
Unicap Modaraba / Feb 7 Unicap Modaraba(UCAPM)	2.81 ▼ -0.31 (-9.94%)
Punjab Mod / Feb 7 First Punjab Modaraba(FPJM)	2.60 ▼ -0.28 (-9.72%)
United Brands / Feb 7 United Brands Limited(UBDL)	20.61 ▼ -2.2 (-9.64%)
Adam Sugar / Feb 7 Adam Sugar Mills Limited(ADAMS)	47.19 ▼ -4.8 (-9.23%)

Stock	Volume
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	119,523,297 ▼ -0.12
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	80,384,932 ▲ 0.03
Bank Makramah / Feb 7 Bank Makramah Limited(BML)	64,937,708 ▼ -0.1
B.O.Punjab / Feb 7 The Bank of Punjab(BOP)	17,199,644 ▼ -0.31
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	13,127,512 ▲ 0.08
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	12,104,269 ▼ -0.02
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	11,829,511 ▼ -0.03
National Bank / Feb 7 National Bank of Pakistan(NBP)	10,980,621 ▲ 1.96
Fauji Foods Ltd / Feb 7 Fauji Foods Limited(FFL)	10,484,043 ▼ -0.22
The Searle Co. / Feb 7 The Searle Company Limited(SEARL)	10,207,814 ▼ -2.22

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