News stories for BR Web Desk - Business Recorder

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Pakistan

PM Shehbaz returns to Pakistan after completing three-day visit to Azerbaijan

Prime Minister Shehbaz Sharif arrived in Pakistan on Wednesday after completing his three-day official visit to...

Updated 13 Nov, 2024 10:52pm

Markets

KSE-100 closes marginally higher in choppy trading

The Pakistan Stock Exchange (PSX) witnessed choppy trading on Wednesday, allowing the index to close with a marginal...

Updated 13 Nov, 2024 10:01pm

Markets

Gold price per tola increases Rs1,400 in Pakistan

After a massive decline in the previous session, gold prices in Pakistan saw an increase on Wednesday in line with...

Published 13 Nov, 2024 04:09pm

Markets

Deals with IPPs: Rousch Power approves early termination of govt agreements

Company to pursue negotiated settlement

Updated 13 Nov, 2024 10:50pm

Sports

Shaheen Afridi reclaims No.1 ODI bowler ranking

Pakistan’s Shaheen Shah Afridi re-claimed the No.1 ranking on the latest ICC Men’s ODI Bowler Rankings, just months...

Updated 13 Nov, 2024 08:43pm

Pakistan

Without climate justice, there can be no real resilience: PM Shehbaz addresses COP29

Warns 'future will not forgive our inactions'

Updated 13 Nov, 2024 10:00pm

Pakistan

Japan approves $18.5mn grant for Pakistan’s flood management project

Japan has approved a $18.5 million grant for a flood management project in Pakistan, said the Ministry of Economic...

Updated 13 Nov, 2024 07:46pm

Pakistan

Religious ministry, PIA agree to provide travel services for 35,000 Hajj pilgrims

The Pakistan International Airlines (PIA) will provide travel facilities to 35,000 pilgrims who will perform Hajj...

Updated 13 Nov, 2024 07:50pm

Pakistan

5.3 magnitude earthquake jolts Islamabad, parts of Khyber Pakhtunkhwa

Tremors were felt in Nowshera, Peshawar, Abbottabad, Malakand, Kohat, Buner, Swat, Swabi and Landi Kotal

Updated 13 Nov, 2024 08:44pm

Business & Finance

CCL Holding submits public intention to acquire 50% stake, control in Mitchells Fruit Farms

Mere hours after Mitchells Fruit Farms Ltd (MFFL) said its majority shareholders were looking to divest their stake,...

Updated 13 Nov, 2024 10:53pm

Markets

OGDCL begins gas production from Uch-35 well in Balochistan

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,...

Updated 13 Nov, 2024 05:24pm

BR’s refresher: your morning briefing for the day

Important updates from November 12, 2024

Published 13 Nov, 2024 08:31am

Pakistan

PM Shehbaz calls for redefining global climate finance to support vulnerable nations

Premier says developing countries will need an estimated $6.8 trillion by 2030 to implement less than half their current Nationally Determined Contributions

Updated 12 Nov, 2024 10:38pm

Business & Finance

Fauji Foundation withdraws intention to acquire shares in Agha Steel Industries

Fauji Foundation, one of Pakistan’s largest conglomerates, has withdrawn its public announcement of intention (PAI)...

Updated 12 Nov, 2024 07:02pm

Pakistan

Omar Ayub, other PTI leaders released after brief detention

Opposition Leader in the National Assembly Omar Ayub and other Pakistan Tehreek-e-Insaf (PTI) leaders were released...

Updated 12 Nov, 2024 10:31pm

Markets

Gold price per tola falls massive Rs7,000 in Pakistan

Gold prices in Pakistan saw a massive decrease on Tuesday in line with their drop in the international rates. In the...

Updated 12 Nov, 2024 10:48pm

Markets

KSE-100 sheds 424 points as investors resort to profit-taking

After days of positive momentum, profit-taking was the theme of the day as the benchmark KSE-100 Index closed lower...

Updated 12 Nov, 2024 10:49pm

Sports

Pakistan’s Noman Ali gets ICC Men’s Player of Month Award

The International Cricket Council (ICC) announced Pakistan spinner Noman Ali as the ICC Men’s Player of the Month...

Published 12 Nov, 2024 02:35pm

Business & Finance

SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank

The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial...

Updated 12 Nov, 2024 06:16pm

Business & Finance

IGI Holdings to purchase stake in Packages Limited for Rs2.6bn

IGI Holdings Limited (IGIHL) – formerly IGI Insurance Limited – has entered into a Share Purchase Agreement (SPA)...

Updated 12 Nov, 2024 07:03pm

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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