News stories for BR Web Desk - Business Recorder

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Markets

Proft-taking weighs on PSX, KSE-100 closes lower by 310 points

After a strong start led by buying momentum, profit-taking was observed at the Pakistan Stock Exchange (PSX) as the...

Updated 20 Nov, 2024 09:48pm

Markets

IBEX Limited buys back 3.56mn shares from TRGI in $70mn deal

IBEX Limited, a US-based technology company, has repurchased approximately 3.56 million shares for $70 million from...

Updated 20 Nov, 2024 07:30pm

Pakistan

US says ‘dedicated to enhancing Pakistan’s civilian, military capabilities’ amid terror attacks

US State Department spokesperson Matthew Miller says Washington aware of the recent terrorist attacks in Pakistan

Updated 20 Nov, 2024 10:40pm

BR’s refresher: your morning briefing for the day

Important updates from November 19, 2024

Published 20 Nov, 2024 08:36am

Pakistan

Apex Committee meeting: no other choice but to crush terrorists, says PM Shehbaz

Premier says politics of sit-ins not in national interest
Committee approves comprehensive military operation against terrorist organisations operating in Balochistan

Updated 19 Nov, 2024 11:13pm

Pakistan

Imran pushes PTI leaders for Nov 24 protest, govt vows stern action

Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Tuesday asked his party leaders to ensure their participation...

Updated 19 Nov, 2024 11:03pm

Pakistan

Constitutional bench dismisses petition challenging extension of army chief’s tenure

The Constitutional Bench of the Supreme Court Tuesday dismissed a petition against the extension of the tenure of...

Updated 19 Nov, 2024 11:02pm

Pakistan

Punjab govt announces reopening of all schools from November 20

The Punjab government on Tuesday announced the reopening of all schools across the province from November 20,...

Updated 19 Nov, 2024 11:01pm

Pakistan

Pakistani, Chinese militaries to hold joint anti-terrorism exercise

The Ministry of National Defense announced Tuesday that the Western Theater Command of the Chinese People’s...

Published 19 Nov, 2024 06:20pm

Business & Finance

Sugar sector: PM orders crackdown on tax evaders, hoarders

Prime Minister Shehbaz Sharif on Tuesday directed authorities including the Federal Board of Revenue (FBR), Federal...

Updated 19 Nov, 2024 09:24pm

Markets

ECC approves power relief package for winter

Consumers to be charged a flat rate of Rs26.07 per unit for electricity usage above benchmark consumption

Updated 19 Nov, 2024 08:45pm

Pakistan

Pakistan, Saudi Arabia working to enhance economic, investment cooperation: PM Shehbaz

Prime Minister Shehbaz Sharif said Tuesday that Pakistan and Saudi Arabia are collaborating to enhance economic and...

Published 19 Nov, 2024 05:07pm

Pakistan

IDEAS will prove to be milestone in development of country’s defence industry: Khawaja Asif

Defence Minister Khawaja Asif said on Tuesday that the 12th edition of IDEAS with a participation of defence experts...

Updated 19 Nov, 2024 10:58pm

Markets

Gold price per tola increases Rs3,600 in Pakistan

Gold prices in Pakistan went higher on Tuesday in line with their increase in the international rate. In the local...

Updated 19 Nov, 2024 04:07pm

Pakistan

Pakistan reports 50th polio case this year

Case reported from KPK in a girl

Updated 19 Nov, 2024 04:32pm

Business & Finance

Pakistan’s inflation likely to slow down further in November, signals room for another rate cut

The slowing inflationary trend in Pakistan is likely to continue as the CPI-based figure is expected to fall below...

Updated 19 Nov, 2024 06:16pm

Pakistan

Section 144 imposed in Karachi amid IDEAS 2024

As Karachi hosts the 12th edition of the International Defence Exhibition and Seminar (IDEAS-24) at the Expo Centre...

Updated 19 Nov, 2024 04:32pm

Markets

KSE-100 jumps 861 points to close above 95,000 for the first time

Stocks rose again as the market extended a buying spree that has pushed the benchmark KSE-100 to a series of record...

Updated 19 Nov, 2024 10:59pm

BR’s refresher: your morning briefing for the day

Important updates from November 18, 2024

Published 19 Nov, 2024 08:54am

Pakistan

Islamabad administration bans public gathering ahead of PTI’s Nov 24 protest

The Islamabad administration on Monday imposed a ban on public gatherings in the capital for two months, Aaj News...

Published 18 Nov, 2024 11:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Fateh Sports / Jan 31 Fateh Sports Wear Limited(FSWL)	95.07 ▲ 8.64 (10%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.83 ▼ -4.52 (-9.97%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	33 ▼ -3.56 (-9.74%)
Popular Islamic / Jan 31 Popular Islamic Modaraba(PIM)	11.35 ▼ -1.19 (-9.49%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	15.61 ▼ -1.43 (-8.39%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	136 ▼ -11.19 (-7.6%)
ZIL Limited / Jan 31 ZIL Limited(ZIL)	216.12 ▼ -17.36 (-7.44%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.94
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	45,150,993 ▲ 0.25
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.49
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.11
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▼ -0.01
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.01
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.93
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▼ -0.12
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,863,023 ▲ 6.44

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