News stories for BR Research - Business Recorder

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Autos’ downward spiral

Very evidently, car buyers have gone into what’s starting to look a lot like a prolonged winter hibernation. In the...

Published 15 Jan, 2024 07:49am

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Petroleum imports 1HFY24

Unlike the previous years like FY22 when the petroleum imports were rising, FY23 was a year where the oil imports...

Published 15 Jan, 2024 07:47am

BR Research

An interview with Rabel Sadozai, Director Marketing and Sales, Fatima Fertilizer

"Pakistan needs 5 percent consistent annual growth in the agriculture sector" Rabel Sadozai is the first female...

Published 15 Jan, 2024 07:42am

BR Research

Cement: Still leaning on prices

Trailing at a little over Rs1200, by the first week of January, cement price on average this fiscal year (for the...

Published 12 Jan, 2024 09:19am

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On K-Electric agreements

After a Herculean effort, the Government of Pakistan has resolved the legacy challenges of K-Electric. The signing...

Published 12 Jan, 2024 09:15am

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Azgard Nine Limited

Azgard Nine Limited (PSX: ANL) was incorporated as “Indigo Denim Mills Limited” as a public limited company in...

Published 12 Jan, 2024 09:04am

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Remittances 1HFY24

The worker remittances into the country witnessed a respite in December 2023 as the latest data by the central bank...

Published 11 Jan, 2024 09:14am

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LNG price respite

The energy commodity prices have come full circle. RLNG spot prices in the oft-quoted Japan-Korea Marker (JKM)...

Published 11 Jan, 2024 09:10am

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Baba Farid Sugar Mills Limited

Baba Farid Sugar Mills Limited (PSX: BAFS) was incorporated in Pakistan as a public limited company in 1978. The...

Published 11 Jan, 2024 09:07am

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Petroleum revenues reach all-time highs

Pakistan’s fiscal operation numbers for 1HFY24 are yet to be announced, but it is almost certain that highest-ever...

Published 10 Jan, 2024 09:08am

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Poultry: a crisis of confidence

If there is one industry whose confidence has been shattered since the pandemic, it is probably poultry. Nearly four...

Published 10 Jan, 2024 09:05am

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Maqbool Textile Mills Limited

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

Published 10 Jan, 2024 09:02am

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PKR to appreciate?

The currency market has been moving smoothly for the past month because the PKR is stable in both the interbank and...

Updated 09 Jan, 2024 11:33am

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Repatriation back on track?

The repatriation of dividends and profits hit a snag in FY23 where the payments of foreign direct investment were...

Published 09 Jan, 2024 09:16am

BR Research

Interview with Mohammed Alnahari Alhashmi, Vice President Pakistan - Emirates Airlines

Pakistan is crucial market for Emirates due to the diaspora and business connections with UAE Mohammed Alnahari...

Published 09 Jan, 2024 09:12am

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Cement: Not enough!

Sluggish domestic construction would suggest very little cement is sold in the market. Numbers indicate such an...

Published 08 Jan, 2024 07:42am

BR Research

Working abroad – on the rise

It should not come as a surprise that people in Pakistan, increasingly want to work abroad. The year gone by saw a...

Published 08 Jan, 2024 07:40am

BR Research

An interview with Dr. Adil Najam, Dean Emeritus at the Frederick S. Pardee School of Global Studies at Boston University

‘Adaptation is the failure of mitigation, but adaption is not the opposite of mitigation’ Dr. Adil Najam is the...

Updated 08 Jan, 2024 03:07pm

BR Research

Bleeding monsters

The best-performing state-owned power distribution company in Pakistan is loss-making. There are ten of them. There...

Published 05 Jan, 2024 08:39am

BR Research

1HFY24 – Fall in oil sales

The oil sales by the oil marketing sector during the first half of FY24 (1HFY24) witnessed a decline of around 15...

Published 05 Jan, 2024 08:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
LSE Capital / Dec 23 LSE Capital Limited(LSECL)	6.68 ▲ 0.65 (10.78%)
Khalid Siraj / Dec 23 Khalid Siraj Textile Mills Limited(KSTM)	10.60 ▲ 1.00 (10.42%)
I.C.C. Ind. / Dec 23 ICC Industries Limited(ICCI)	10.94 ▲ 1.00 (10.06%)
Masood Textile / Dec 23 Masood Textile Mills Limited(MSOT)	55 ▲ 5.00 (10.00%)
TRG Pak Ltd / Dec 23 TRG Pakistan Limited(TRG)	61.15 ▲ 5.56 (10.00%)
Frontier Ceram / Dec 23 Frontier Ceramics Limited(FRCL)	38.21 ▲ 3.47 (9.99%)
Liven Pharma / Dec 23 Liven Pharma Limited(LIVEN)	93.56 ▲ 8.50 (9.99%)
Ghazi Fabrics / Dec 23 Ghazi Fabrics International Limited(GFIL)	11 ▲ 0.96 (9.56%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
MCB Invest. Managmt. / Dec 23 MCB Investment Management Limited(MCBIM)	59.01 ▼ -6.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Kohinoor Textile / Dec 23 Kohinoor Textile Mills Limited(KTML)	110.18 ▼ -9.70 (-8.09%)
Next Capital / Dec 23 Next Capital Limited(NEXT)	7.25 ▼ -0.53 (-6.81%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.62 ▼ -0.77 (-6.76%)
Blessed Tex. / Dec 23 Blessed Textiles Limited(BTL)	245.01 ▼ -14.99 (-5.77%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6.18 ▼ -0.36 (-5.50%)
Saritow Spinning / Dec 23 Saritow Spinning Mills Limited(SSML)	8.80 ▼ -0.47 (-5.07%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.21
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.09
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.46
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.12
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.13
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 1.81
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▼ -0.14
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.35

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