News stories for BR Research - Business Recorder

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Surging IT exports

The newly elected Finance Minister has hinted at touching $3.5 billion in IT exports for FY24, and part of it is due...

Published 29 Mar, 2024 09:18am

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Electricity (price) shock incoming

One of the key objectives of the IMF’s next Extended Fund Facility (EFF) to Pakistan will be “restoring the energy...

Published 28 Mar, 2024 10:49am

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All is quiet on the sugar front

All is quiet on the sugar front. At a time when reports of a demand slowdown should have put prices in reverse gear,...

Published 28 Mar, 2024 10:49am

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Dewan Farooque Spinning Mills Limited

Dewan Farooque Spinning Mills Limited (PSX: DFSM) was incorporated in Pakistan as a public limited company in 2003....

Published 28 Mar, 2024 10:48am

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Smuggling back in surge

Petrol smuggling is back. Earlier this week, the Chairman Oil Companies Advisory Council (OCAC) wrote a hard-hitting...

Published 27 Mar, 2024 07:04am

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Cement prices: End of an era?

Here’s the thing: despite yawningly weak demand that is only becoming weaker every month, the financial success of...

Published 27 Mar, 2024 06:59am

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IBL HealthCare Limited

IBL HealthCare Limited (PSX: IBLHL) was incorporated in Pakistan as a private limited company in 1997. The company...

Published 27 Mar, 2024 06:53am

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Edible oil price: Historic retreat

Terms of trade in the food sector have been Pakistan’s savings grace on the trade balance front this fiscal year....

Published 26 Mar, 2024 09:24am

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SYS in CY23 – earnings keep shining

After a hefty increase in earnings for CY22, Systems Limited (PSX: SYS) announced another good year in earnings. The...

Published 26 Mar, 2024 09:21am

BR Research

Interview with Ahmed Saljouk - Founding member and Director of Finance & Development, Alif Holdings (Pvt. Ltd)

‘We are a high-street brand that is approachable and affordable’ Ahmed Saljouk is a visionary Leader Shaping...

Published 26 Mar, 2024 09:16am

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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

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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

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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

BR Research

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

BR Research

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Mirpurkhas Sugar / Jan 31 Mirpurkhas Sugar Mills Limited(MIRKS)	31.90 ▲ 2.9 (10%)
Fateh Sports / Jan 31 Fateh Sports Wear Limited(FSWL)	95.07 ▲ 8.64 (10%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	32.90 ▼ -3.66 (-10.01%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.82 ▼ -4.53 (-9.99%)
Popular Islamic / Jan 31 Popular Islamic Modaraba(PIM)	11.35 ▼ -1.19 (-9.49%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	15.61 ▼ -1.43 (-8.39%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	136 ▼ -11.19 (-7.6%)
First Elite Cap.Mod / Jan 31 First Elite Capital Modaraba(FECM)	6 ▼ -0.4 (-6.25%)
Diamond Ind. / Jan 31 Diamond Industries Limited(DIIL)	18.30 ▼ -1.2 (-6.15%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.71
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	41,455,326 ▲ 0.19
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.33
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.05
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▲ 0
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.01
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.58
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▼ -0.08
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,796,227 ▲ 6.44

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