News stories for BR Web Desk - Business Recorder

BR Web Desk

Markets

PM Shehbaz calls for early completion of Business Facilitation Centres

Prime Minister Shehbaz Sharif on Friday directed authorities to expedite the completion of Business Facilitation...

Updated 20 Dec, 2024 10:08pm

Pakistan

KP Apex Committee decides to dismantle bunkers, heavy weaponry in Kurram

At least 133 people killed in tribal clashes in Khyber Pakhtunkhwa's Kurram district since last month

Updated 20 Dec, 2024 11:47pm

Markets

KSE-100 gains over 3% as buying returns to PSX

Experts say recent correction created buying opportunity for investors

Updated 20 Dec, 2024 11:16pm

Markets

Hoechst Pakistan plans to establish subsidiary in UAE

To capitalize on the business-friendly environment in the United Arab Emirates (UAE), another listed Pakistani...

Updated 20 Dec, 2024 10:33pm

Pakistan

Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept

United States Principal Deputy Spokesperson Vedant Patel says longstanding US policy to deny support to Pakistan’s long-range ballistic missile program

Updated 20 Dec, 2024 11:24pm

BR’s refresher: your morning briefing for the day

Important updates from December 19, 2024

Published 20 Dec, 2024 08:38am

Pakistan

Shah Mehmood, Gandapur among 14 PTI leaders indicted in May 9 GHQ attack case

ATC judge Amjad Ali Shah indicted accused while hearing May 9 related cases at Adiala Jail

Updated 19 Dec, 2024 09:40pm

Markets

SBP-held foreign exchange reserves increase $31mn, now stand at $12.08bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $31 million on a weekly basis,...

Updated 19 Dec, 2024 10:38pm

Pakistan

Pakistan, Bangladesh agree to expand bilateral ties

Prime Minister Shehbaz Sharif meets Bangladesh's Chief Adviser Muhammad Yunus at the D-8 Summit to discuss bilateral relations

Updated 19 Dec, 2024 10:39pm

Pakistan

D-8 summit: PM Shehbaz says youth key driver to economic development

Prime Minister Shehbaz Sharif on Thursday said that a country’s youth plays a key role for its economic development....

Updated 19 Dec, 2024 09:45pm

Markets

Gold price per tola falls Rs2,600 in Pakistan

After increasing in the previous session, gold prices in Pakistan declined on Thursday in line with their fall in...

Updated 19 Dec, 2024 05:20pm

Pakistan

No loss of life as fire doused at Karachi’s Rimpa Plaza: rescue officials

Rescue officials on Thursday said they succeeded in controlling a fire that erupted in a multi-storey building named...

Updated 19 Dec, 2024 06:21pm

Markets

Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction

Benchmark index under pressure as investors look to book profits

Updated 19 Dec, 2024 10:38pm

Markets

OGDCL begins oil & gas production from Hyderabad

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

Updated 19 Dec, 2024 10:46pm

Pakistan

Pakistan, Indonesia agree to remain in close contact to maintain momentum in bilateral relations

Prime Minister Shehbaz Sharif holds a meeting with President of Indonesia H.E Prabowo Subianto,

Updated 19 Dec, 2024 06:26pm

Pakistan

Pakistan terms US sanctions on entities as unfortunate, biased

FO says such double standards and discriminatory practices not only undermine the credibility of non-proliferation regimes but also endanger regional and international peace and security

Updated 19 Dec, 2024 09:47pm

BR’s refresher: your morning briefing for the day

Important updates from December 18, 2024

Published 19 Dec, 2024 08:43am

Pakistan

11 terrorists killed in separate Khyber Pakhtunkhwa operations: ISPR

Security forces killed 11 terrorists in three separate operations in Khyber Pakhtunkhwa, the military’s media wing...

Published 18 Dec, 2024 10:48pm

Pakistan

Al-Qadir Trust case: court reserves verdict in £190mn case against Imran, Bushra

Accountability Court Judge Nasir Javed Rana to announce verdict on December 23

Updated 18 Dec, 2024 10:49pm

Business & Finance

What is Tax Laws (Amendment) Bill, 2024 introduced in National Assembly?

Finance Minister Muhammad Aurangzeb introduced the Tax Laws (Amendment) Bill, 2024 in the National Assembly (NA) on...

Published 18 Dec, 2024 09:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
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
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
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

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
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
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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