News stories for BR Research - Business Recorder

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International Industries Limited

International Industries Limited (PSX: INIL) was incorporated in Pakistan in 1948. The principal activity of the...

Published 26 Feb, 2024 09:10am

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Barefoot on the edge of precipice

If there is one economic indicator that would single-handedly be responsible for turning GDP growth negative during...

Published 23 Feb, 2024 09:17am

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Power exercise: Very costly

Electricity generation in January 2023 went down 3 percent year-on-year to 7.9 billion units – marking a fourth...

Published 23 Feb, 2024 09:12am

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Ittehad Chemicals Limited

Ittehad Chemicals Limited (PSX: ICL) was incorporated in Pakistan in September 1991 to purchase the assets of...

Published 23 Feb, 2024 09:08am

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Fertilizer gas pricing: myopic approach to have long-term repercussions

The unstoppable growth of circular debt has forced the federal government to increase prices and comply with the...

Updated 22 Feb, 2024 10:29am

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FDI – the worst isn’t over yet!

It is no exaggeration that political and economic instability scares away the investors – be it local or foreign....

Published 22 Feb, 2024 08:38am

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Johnsons & Phillips (Pakistan) Limited

Johnsons & Phillips (Pakistan) Limited (PSX: JOPP) was incorporated in Pakistan as a public limited company in...

Published 22 Feb, 2024 08:35am

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Gas tariffs: No protection for protected

Natural gas prices went up once again, as the authorities take nothing for chance under the IMF SBA conditions. The...

Published 21 Feb, 2024 08:33am

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Cherat: Rain in a drought

What would lead to the highest-ever quarterly earnings for a cement manufacturer like Cherat Cement (PSX: CHCC)?...

Published 21 Feb, 2024 08:29am

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Synthetic Products Enterprises Limited

Synthetic Products Enterprises Limited (PSX: SPEL) was incorporated in Pakistan as a private limited company in...

Published 21 Feb, 2024 08:27am

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Current account roundup: 7MFY24

The current account posted a deficit of $269 million in Jan 2024 against a surplus of $404 million during Dec 2023....

Published 20 Feb, 2024 08:45am

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HUBC - earnings continue to rise

The Hub Power Company Limited (PSX: HUBC) has been benefitting from its diversification beyond the base plant and...

Published 20 Feb, 2024 08:43am

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Siddiqsons Tin Plate Limited

Siddiqsons Tin Plate Limited (PSX: STPL) was incorporated in Pakistan as a public limited company in 1996. The...

Published 20 Feb, 2024 08:40am

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Six quarters of LSM decline

The Large Scale Manufacturing (LSM) Index was in red for December 2023 – marking the 18 th consecutive month of...

Published 19 Feb, 2024 08:20am

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Rice exports: the taper begins

Pakistan’s rice exports reached the $2.1 billion mark in the first seven months of FY24, shooting past annual...

Published 19 Feb, 2024 08:16am

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Cherat Packaging Limited

Cherat Packaging Limited (PSX: CPPL) was incorporated as a public limited company in 1989. The company is engaged in...

Published 19 Feb, 2024 08:10am

BR Research

Circular Debt – a tough row to hoe

The circular debt continues to be a growing challenge, literally, and it’s the real pain in the energy sector. The...

Published 16 Feb, 2024 08:57am

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PSO in 1HFY24

Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 1HFY24 yesterday where it...

Published 16 Feb, 2024 08:54am

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Descon Oxychem Limited

Descon Oxychem Limited (PSX: DOL) was incorporated in Pakistan as a private limited company in 2004 and then changed...

Published 16 Feb, 2024 08:51am

BR Research

Oil price: Firm for now

After a relative calm of six days, things have started to heat up again in and around the Red Sea – offering bullish...

Published 15 Feb, 2024 08:43am

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
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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