News stories for BR Web Desk - Business Recorder

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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

Life & Style

Pakistani companies participate in Beauty World Middle East 2024

The three-day Beauty World Middle East trade show opened its doors in Dubai on Monday, with 16 exhibitors from...

Published 28 Oct, 2024 09:54pm

Pakistan

PM Shehbaz vows polio eradication from Pakistan as toll reaches 41 in 2024

Prime Minister Shehbaz Sharif on Monday reiterated the government’s commitment to eradicating polio from Pakistan...

Updated 28 Oct, 2024 10:26pm

Pakistan

PM Shehbaz to attend Future Investment Initiative in Saudi Arabia on October 29-30: FO

Premier expected to hold important bilateral talks with Saudi Crown Prince Mohammed bin Salman and other senior Saudi officials, foreign office says

Updated 28 Oct, 2024 10:07pm

Pakistan

Moscow wants to strengthen bilateral relations, Russian Speaker tells Gillani

Two sides discuss diplomatic, economic, and commercial relations

Updated 28 Oct, 2024 11:40pm

Markets

FFC makes Rs22.6bn profit in 3QCY24, but holds off on dividend amid merger plans

Fauji Fertilizer Company (FFC), one of Pakistan’s largest fertilizer producers, posted a consolidated...

Updated 28 Oct, 2024 10:08pm

Markets

Gold price per tola decreases Rs900 in Pakistan

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

Updated 28 Oct, 2024 06:38pm

Markets

Indus Motor temporarily halts operations citing inventory shortage

Indus Motor Company (INDU), the manufacturer/assembler of Toyota vehicles in Pakistan, has announced to suspend its...

Updated 28 Oct, 2024 10:16pm

Business & Finance

Indus Motor Company’s profit up 58% at Rs5.09bn in 1QFY25

Indus Motor Company (IMC) reported a profit of Rs5.09 billion for the quarter ended September 30, 2024 (1QFY25), an...

Updated 28 Oct, 2024 12:11pm

Markets

Some buying momentum persists at PSX, KSE-100 settles above 90,000

Benchmark briefly crosses 91,000 level during intra-day trading on Monday before profit-taking erases gains

Updated 28 Oct, 2024 10:26pm

BR’s refresher: your morning briefing for the day

Important updates from October 26 and October 27, 2024

Published 28 Oct, 2024 08:24am

Pakistan

Four terrorists killed in separate Khyber Pakhtunkhwa IBOs: ISPR

Security forces on Sunday killed four terrorists and injured three in two separate intelligence-based operations...

Published 27 Oct, 2024 09:52pm

Sports

Rizwan confirmed as Pakistan white-ball captain, Salman Agha vice-captain

Pakistan Cricket Board (PCB) on Sunday confirmed wicketkeeper-batter Mohammad Rizwan as Pakistan’s white-ball...

Updated 27 Oct, 2024 10:08pm

Pakistan

NDMA dispatches relief consignments for Gaza, Lebanon

National Disaster Management Authority has increased humanitarian aid to Gaza and Lebanon on the orders of Prime...

Updated 27 Oct, 2024 10:31pm

Pakistan

President, PM reaffirm Pakistan’s support for Kashmiri people

In their messages on the occasion of “Kashmir Black Day” today, President Asif Ali Zardari and Prime Minister...

Updated 27 Oct, 2024 09:51pm

World

In response to Israeli strikes, Iran says it is ‘entitled’ to defend itself

Tehran says the Zionist regime's continued occupation, illegal actions, and crimes are the primary causes of tension and insecurity in the region

Published 26 Oct, 2024 10:07pm

Markets

Pakistan’s IPO market sees strong revival in 2024 with Rs8bn raised on PSX so far

The IPO market in Pakistan has seen a remarkable revival in 2024, as the Pakistan Stock Exchange (PSX) witnessed...

Updated 26 Oct, 2024 08:31pm

Pakistan

Pakistan stands with Iran and neighbours, says PM after ‘Israeli aggression’

Foreign Office says UN must take immediate steps to bring an end to Israeli recklessness in the region and its criminal behaviour

Updated 26 Oct, 2024 08:33pm

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
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 29	252.10

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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