News stories for BR Web Desk - Business Recorder

BR Web Desk

Pakistan

PM Shehbaz orders action to combat human trafficking in wake of Greek boat tragedy

Premier expresses dismay over delay in taking action against such elements after 2023 boat overturning accident that claimed lives of over 200 Pakistanis

Updated 18 Dec, 2024 10:52pm

Markets

Gold price per tola gains Rs1,000 in Pakistan

Gold prices in Pakistan gained on Wednesday in line with their increase in the international rate. In the local...

Updated 18 Dec, 2024 09:37pm

Pakistan

Aurangzeb optimistic about economic trajectory amid positive indicators

Finance minister says Pakistan’s current account posted a surplus after 10 years.

Updated 18 Dec, 2024 10:40pm

Pakistan

Internet disruption: IT minister says national security top priority of government

Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja said on Wednesday that...

Updated 18 Dec, 2024 10:54pm

Pakistan

NA speaker says office open 24 hours, ‘ready to play role in govt, PTI talks’

National Assembly Speaker Sardar Ayaz Sadiq said Wednesday he was “ready to play his role” in facilitating talks...

Updated 18 Dec, 2024 09:36pm

Business & Finance

Attock Cement’s parent company considering options including potential sale

Pharaon Investment Group Limited (Holding) S.A.L, Lebanon, the parent company of Attock Cement Pakistan Limited...

Updated 18 Dec, 2024 06:27pm

Pakistan

PM Shehbaz leaves for Egypt for ‘Developing Eight’ countries summit

Prime Minister Shehbaz Sharif embarked on a three-day official visit to Egypt on Wednesday to attend the Eleventh...

Updated 18 Dec, 2024 10:53pm

Markets

Pakistan’s power generation increases in November as cost inches up

Power generation in Pakistan clocked in at 8,032 GWh (11,156 MW) in November 2024, an increase of over 6% YoY...

Updated 18 Dec, 2024 10:56pm

Markets

Selling pressure persists as KSE-100 plunges record 3,790 points on profit-taking

After a positive open, bears return to take charge at Pakistan Stock Exchange

Updated 18 Dec, 2024 10:53pm

BR’s refresher: your morning briefing for the day

Important updates from December 17, 2024

Published 18 Dec, 2024 08:52am

Pakistan

Sindh govt announces 11-day winter vacation for schools, colleges

The Sindh government on Tuesday announced an 11-day winter vacation for public and private schools and colleges...

Published 17 Dec, 2024 10:54pm

Markets

Cabinet body meets to discuss utilisation of Gwadar Port for public sector imports

Committee emphasises utilising Gwadar Port for bulk imports such as wheat, sugar, and urea

Updated 17 Dec, 2024 11:00pm

Pakistan

Japan approves $9.91mn grant for KP’s flood-hit areas

Japan approved on Tuesday a grant worth $9.91 million for improvement of maternal and child health equipment in...

Updated 17 Dec, 2024 10:54pm

Pakistan

Khawaja Asif calls PTI’s decision to begin talks with govt ‘positive change’

Defence minister says there has been great deal of hostility in the National Assembly in recent years

Updated 17 Dec, 2024 09:05pm

Markets

Pakistan’s REER index increases further to 102.92 in November 2024

Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of...

Updated 17 Dec, 2024 10:56pm

Markets

Gold price per tola falls Rs2,100 in Pakistan

Gold prices in Pakistan decreased on Tuesday in line with their decline in the international rate. In the local...

Updated 17 Dec, 2024 10:40pm

Pakistan

Pakistan records massive $729mn current account surplus in November 2024

This is fourth consecutive month in which Pakistan's current account has posted surplus

Updated 17 Dec, 2024 10:49pm

Pakistan

Govt’s interest payments to decrease by Rs1.5tn in FY25 as policy rate comes down: SBP chief

State Bank of Pakistan (SBP) Governor Jameel Ahmad has said the decline in key policy rate will help the government...

Updated 17 Dec, 2024 09:04pm

Pakistan

2 cops martyred in attack on police checkpost in KP’s Shangla

At least two cops were martyred while three others injured on Tuesday when terrorists attacked a police checkpost in...

Updated 17 Dec, 2024 07:54pm

Markets

Selling pressure at PSX, KSE-100 settles just below 115,000

Profit-taking comes as SBP cut key policy rate in line with expectations

Updated 17 Dec, 2024 09:50pm

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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