News stories for BR Web Desk - Business Recorder

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Pakistan

CCoP reiterates ‘resolve to divest’ PIA shares, but adds G2G mode

Says will pursue its divestment through privatisation or government-to-government mode

Updated 15 Nov, 2024 10:29pm

Pakistan

Punjab declares health emergency in smog-hit Lahore, Multan

The Punjab government declared on Friday a health emergency in Lahore and Multan as the provincial capital...

Updated 15 Nov, 2024 10:44pm

Markets

KSE-100 pulls back after brief run past 95,000, still closes at record high

Momentum driven by growing optimism on economic front

Updated 15 Nov, 2024 10:43pm

Business & Finance

BAFL operations in Bangladesh: central banks give green signal for due diligence facilitation

The central banks of Pakistan and Bangladesh have granted in-principle approval to Bank Alfalah Limited (BAFL) to...

Updated 15 Nov, 2024 04:42pm

BR’s refresher: your morning briefing for the day

Important updates from November 14, 2024

Published 15 Nov, 2024 08:24am

Sports

ICC Champions Trophy arrives in Pakistan

The International Cricket Council (ICC) Champions Trophy has arrived from Dubai to Islamabad as Pakistan gears up to...

Published 14 Nov, 2024 11:41pm

Pakistan

Qatar lauds Pakistan’s role in regional peace, stability

Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza, on an official visit to Qatar, called on...

Published 14 Nov, 2024 09:25pm

Markets

Gold price per tola falls Rs5,500 in Pakistan

Gold prices in Pakistan fell on Thursday in line with their decline in international rates. In the local market, the...

Updated 14 Nov, 2024 10:16pm

Pakistan

Major among 2 security personnel martyred in Harnai gun battle: ISPR

Two security personnel, including a major, were martyred in an exchange of fire with terrorists in Balochistan’s...

Updated 14 Nov, 2024 08:51pm

Markets

SBP-held foreign exchange reserves increase $84mn, now stand at $11.26bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million on a weekly basis,...

Updated 14 Nov, 2024 10:37pm

Pakistan

FO terms reports of China seeking joint security for its citizens in Pakistan ‘agenda-driven’

Beijing pushing Pakistan to allow its own security staff to provide protection to thousands of Chinese citizens working in South Asian nation, Reuters had reported citing unnamed sources

Updated 14 Nov, 2024 10:38pm

Pakistan

SC’s constitutional bench seeks reports from provinces on actions against pollution

The Supreme Court (SC) sought Thursday reports from all four provinces on climate change measures including the...

Updated 14 Nov, 2024 10:29pm

Business & Finance

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

Business & Finance

Govt urged to tax high earning ‘sacred cows’ amid revenue shortfall

Former Caretaker Federal Minister for Commerce Dr Gohar Ejaz urged the government to meet its collection target by...

Updated 14 Nov, 2024 11:00pm

Business & Finance

Bank Alfalah withdraws intention to acquire stake in Samba Bank as SNB halts divestment

Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of...

Updated 14 Nov, 2024 10:59pm

Markets

New record: KSE-100 settles above 94,000 amid buying momentum

Experts say positive macroeconomic indicators including lower interest rates and controlled trade deficits providing positive momentum to stock market

Updated 14 Nov, 2024 10:59pm

BR’s refresher: your morning briefing for the day

Important updates from November 13, 2024

Published 14 Nov, 2024 08:34am

Pakistan

High-value target among 4 terrorists killed in Kech operation: ISPR

Four terrorists, including a high-value target, were killed during an exchange of fire in Balochistan’s Kech...

Published 13 Nov, 2024 10:48pm

Pakistan

PM Shehbaz reiterates resolve to ensure safety of Chinese nationals

Prime Minister Shehbaz Sharif assured Chinese Vice Premier Ding Xuexiang on Wednesday that his government is doing...

Updated 13 Nov, 2024 10:53pm

Markets

AI could add $10-20bn to Pakistan’s GDP by 2030, says Saudi Data and AI Authority advisor

Pakistan’s digital economy is poised for significant growth, potentially contributing an estimated $60 billion, with...

Published 13 Nov, 2024 09:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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