News stories for BR Web Desk - Business Recorder

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Pakistan

PM Shehbaz visits Chinese embassy to condemn Karachi firing incident

Security of Chinese nationals working in Pakistan govt’s top priority, premier says

Published 06 Nov, 2024 10:07pm

Markets

Electric Vehicle policy to be announced by end of November: Tanveer

Minister for Industries and Production Rana Tanveer Hussain said on Wednesday that the Electric Vehicle (EV) Policy...

Updated 06 Nov, 2024 07:10pm

Pakistan

PM Shehbaz announces immediate supply of 100MW electricity to Gilgit-Baltistan

Prime Minister Shehbaz Sharif announced on Wednesday that Gilgit-Baltistan will receive 100 megawatts electricity...

Published 06 Nov, 2024 05:27pm

Markets

Gold price per tola decreases Rs1,000 in Pakistan

Gold prices in Pakistan decreased further on Wednesday in line with their decrease in international rates. In the...

Published 06 Nov, 2024 03:46pm

Pakistan

Schools in Punjab closed till Nov 17 as smog chokes province

The Government of Punjab announced on Wednesday closure of all schools (primary to 12th grade) till November 17 as...

Updated 06 Nov, 2024 10:51pm

Business & Finance

Silkbank’s board grants in-principle approval for UBL merger

The Board of Directors (BoD) of Silkbank Limited have granted their in-principle approval for a potential merger...

Published 06 Nov, 2024 02:45pm

Pakistan

PM Shehbaz congratulates Donald Trump on ‘historic’ election victory

Prime Minister Shehbaz Sharif congratulated on Wednesday Donald Trump on a “historic win” for his second term as US...

Updated 06 Nov, 2024 08:40pm

Markets

Aurangzeb targets Pakistan’s credit rating improvement amid positive indicators

ECC will regularly monitor the prices of pulses and chicken, says Aurangzeb

Updated 06 Nov, 2024 06:56pm

World

After securing second term as President, Donald Trump says will ‘help US heal’

Trump, 78, recaptures White House by winning more than 270 Electoral College votes needed to win US presidency

Updated 06 Nov, 2024 10:34pm

Markets

KSE-100 closes in the red as Trump’s victory in US election weighs

Donald Trump’s victory in the US election threw market participants into a selling frenzy as profit-taking in the...

Updated 06 Nov, 2024 09:13pm

BR’s refresher: your morning briefing for the day

Important updates from November 5, 2024

Published 06 Nov, 2024 08:20am

Pakistan

Justice Amin-ud-Din Khan to head SC’s seven-member constitutional bench

Bench is valid for a term of two months

Published 05 Nov, 2024 09:45pm

World

Harris or Trump: America decides in knife-edge election

As first polling stations open, Democratic vice president Harris, 60, and Republican former president Trump, 78, dead-even in tightest and most volatile White House contest of modern times
Trump says would concede defeat ‘if it’s a fair election’

Updated 05 Nov, 2024 11:08pm

Pakistan

Federal cabinet approves Hajj Policy 2025, Pakistan’s quota to be 179,210

Under the policy, children below the age of 12 will be barred from traveling for Hajj

Updated 05 Nov, 2024 10:51pm

Markets

Gold price per tola decreases Rs500 in Pakistan

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

Updated 05 Nov, 2024 09:12pm

Pakistan

NA session indefinitely adjourned after PTI’s protest

The National Assembly (NA) session was adjourned indefinitely on Tuesday following a ruckus by the Pakistan...

Updated 05 Nov, 2024 10:08pm

Pakistan

Deputy PM Dar, Iranian FM Araghchi commit to enhance trade, investment

Both leaders discuss the situation in the Middle East and condemn Israeli aggression against Palestinians

Updated 05 Nov, 2024 09:29pm

Pakistan

Shooting in Karachi injures two Chinese nationals

KARACHI: Two Chinese nationals were shot at and injured on Tuesday in Pakistan’s commercial hub of Karachi, police...

Updated 05 Nov, 2024 11:06pm

Markets

KSE-100 closes above 92,000 for first time as buying momentum persists

Buying momentum continued at the Pakistan Stock Exchange (PSX) on Tuesday with the benchmark KSE-100 Index gaining...

Updated 05 Nov, 2024 10:10pm

Technology

Pakistan’s Neem secures $4mn credit facility from DNI Group

Neem, an embedded finance platform in Pakistan, has secured an additional $4 million credit facility from South...

Updated 05 Nov, 2024 10:35pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	154.72
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20
France CAC40 / Jan 30	7,941.64
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Petrol/Litre / Jan 31	256.13
Crude Oil USD/Barrel / Jan 31	72.68
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,793
Diesel/Litre / Jan 31	260.95

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%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (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%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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