News stories for BR Web Desk - Business Recorder

BR Web Desk

Business & Finance

Pakistan’s largest IPP HUBCO posts Rs20.3bn profit in 1QFY25 despite revenue dip

Despite lower revenue, Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw...

Updated 30 Oct, 2024 09:09pm

Markets

KSE-100 snaps 7-session rally as profit-taking erases intra-day gains

Profit-taking at the Pakistan Stock Exchange (PSX) erased all intra-day gains and threw stocks in the red after the...

Updated 30 Oct, 2024 09:59pm

BR’s refresher: your morning briefing for the day

Important updates from October 29, 2024

Published 30 Oct, 2024 08:36am

Business & Finance

Govt receives one bid for stake in flag carrier PIA: report

Other 5 groups stay away from depositing 'earnest money'

Updated 30 Oct, 2024 12:44am

Pakistan

Pakistan condemns Israeli actions to undermine UNRWA

Pakistan on Tuesday unequivocally condemned the latest Israeli attempt to dismantle the operations of the United...

Published 29 Oct, 2024 11:24pm

World

‘AI is more than a trend,’ PM Shehbaz says as he addresses investment moot in Riyadh

Pakistan will encourage young minds to redefine boundaries of artificial intelligence, premier says

Updated 29 Oct, 2024 10:32pm

Markets

Aramco launches its first fuel station in Pakistan

Unveils facility in Lahore

Updated 29 Oct, 2024 11:49pm

Pakistan

Pakistan, Russia to bolster security, defence cooperation: ISPR

Pakistan and Russia Tuesday affirmed their dedication to bolstering collaboration in security and defence domains,...

Updated 29 Oct, 2024 10:39pm

Pakistan

Nowshera reports Pakistan’s 42nd polio case for 2024

The 42nd polio case of the year has been reported from the Nowshera District of Khyber Pakhtunkhwa (KP), the...

Updated 29 Oct, 2024 10:36pm

Markets

Climate and disaster resilience: ADB approves $500mn loan to support Pakistan

Lender also approves technical assistance grant of $1mn to support implementation

Updated 29 Oct, 2024 10:28pm

Markets

Pakistan’s textile exporter slashes production amid cotton shortage, rising costs

In a concerning development for Pakistan’s critical textile sector, Ghazi Fabrics International Limited, a prominent...

Updated 29 Oct, 2024 06:34pm

Pakistan

Two policemen killed in attack on polio vaccination teams in Khyber Pakhtunkhwa

Two policemen were killed in northwest Pakistan on Tuesday as unidentified gunmen attacked a health office where...

Updated 29 Oct, 2024 07:23pm

Markets

Gold price per tola increases Rs1,600 in Pakistan

After decreasing in the previous session, gold prices in Pakistan jumped on Tuesday in line with their increase in...

Updated 29 Oct, 2024 04:45pm

Business & Finance

PPL’s quarterly profit drops 24% amid lower sales, rising costs

Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) drop nearly 24% to clock in at Rs22.69 billion for...

Updated 29 Oct, 2024 01:23pm

Pakistan

Wide potential of cooperation between Russia, Pakistan in various fields: PM Shehbaz

Speaker of Federation Council of Russian Federal Assembly Ms Valentina Matvienko calls on PM Shehbaz in Islamabad

Updated 29 Oct, 2024 10:35pm

Markets

Stock rally continues at PSX as KSE-100 settles at new all-time high of 90,864

Expectations of cut in key policy rate along with corporate results' announcements drive positive sentiment

Updated 29 Oct, 2024 10:38pm

Pakistan

PM Shehbaz arrives in Saudi Arabia to attend 8th Edition of Future Investment Initiative

Prime Minister Shehbaz Sharif arrived in Saudi Arabia on Tuesday to participate in the 8th Edition of the Future...

Updated 29 Oct, 2024 04:31pm

Pakistan

Biden administration to respond to Congressmen’s letter about Imran ‘in due course’: US State Dept

The United States has said that the Joe Biden administration will respond to the letter by 60 Congresspersons...

Updated 29 Oct, 2024 10:37pm

BR’s refresher: your morning briefing for the day

Important updates from October 28, 2024

Published 29 Oct, 2024 08:28am

Pakistan

NA Speaker Sadiq clarifies comments, says he has ‘huge respect’ for courts

PTI files contempt plea against ECP for implementing reserved seats verdict

Updated 28 Oct, 2024 11:35pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
Hang Seng / Dec 27	20,090.46
FTSE 100 / Dec 27	8,149.78
Dow Jones / Dec 27	42,992.21
Germany DAX 30 / Dec 27	19,984.32

Item	Value
Crude Oil USD/Barrel / Dec 27	70.60
Gold 10 Grams PKR / Dec 27	234,225
Gold Spot USD/Ounce / Dec 27	2,621.40
Cotton US¢/pound / Dec 27	68.89
Petrol/Litre / Dec 28	252.10
Karachi Cotton PKR/37.32 KG / Dec 28	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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