News stories for BR Web Desk - Business Recorder

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Pakistan

IMF-backed reform agenda to accelerate Pakistan’s economic growth in FY25: ADB

In its Asian Development Outlook, Manila-based lender sees Pakistan's growth to grow by moderate 2.8% in FY25

Updated 25 Sep, 2024 10:52pm

Markets

Another record high: gold prices in Pakistan hit Rs275,500 per tola

Gold prices in Pakistan maintained their upward trajectory on Wednesday in line with their increase in international...

Published 25 Sep, 2024 02:23pm

Markets

‘Employees part ways’: Siemens Pakistan announces ‘Rs556mn strategic transformation’

Siemens (Pakistan) Engineering (SIEM) announced that it is transforming one of its operational segments within the...

Updated 25 Sep, 2024 06:51pm

Pakistan

At least 12 including cops injured in Quetta blast targeting police van

At least 12 people, including two cops, were injured on Wednesday in a blast that targeted a police van in Quetta,...

Updated 25 Sep, 2024 01:51pm

Technology

Mari Petroleum begins data centre initiative in Karachi

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has ramped up efforts to...

Updated 25 Sep, 2024 10:54pm

Markets

OGDCL discovers hydrocarbon reserves in Sindh

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

Updated 25 Sep, 2024 10:54pm

BR’s refresher: your morning briefing for the day

Important updates from September 24, 2024

Published 25 Sep, 2024 08:58am

Sports

Pakistan name 15-man squad for first England Test

The national selection committee on Tuesday announced a 15-member squad for the first Test against England,...

Published 24 Sep, 2024 10:28pm

Markets

Rs8.92 per unit: KE says received ‘Pakistan’s lowest tariff bid’ for 220MW hybrid project

Power utility K-Electric (KE) on Tuesday said it had received the “country’s lowest tariff bid” of Rs8.9189 per unit...

Published 24 Sep, 2024 08:17pm

Pakistan

Will not rest until constitutional court formed: Bilawal

PPP Chairman says constitutional court required to ensure that no elected prime minister is subjected to unlawful execution in the future

Updated 24 Sep, 2024 11:00pm

Pakistan

COAS visits South Waziristan, praises security forces and local support

Army chief lauds tribal elders for their 'invaluable cooperation' in combatting terrorism

Published 24 Sep, 2024 06:56pm

Sports

Asjad Iqbal crushes Indian opponent to reach IBSF World Six Red Snooker Championship Final

Pakistan’s Asjad Iqbal overpowered India’s Malkeet Singh in the semi-final of the IBSF World Six Red Snooker...

Published 24 Sep, 2024 05:35pm

Markets

New record high: gold price hits Rs273,000 per tola in Pakistan

After declining in the previous session, gold prices in Pakistan jumped on Tuesday in line with their increase in...

Published 24 Sep, 2024 02:41pm

Pakistan

UN summit: Asif says sustainable development cannot happen while tragedies like Gaza being perpetuated

Defence Minister Khawaja Asif has said that no sustainable development can be achieved until tragedies like Gaza are...

Updated 24 Sep, 2024 04:57pm

Business & Finance

Mari Petroleum says will invest Rs10bn in tech-focused subsidiary

The Board of Directors of Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has...

Updated 24 Sep, 2024 10:33pm

Business & Finance

TOMCL secures $12mn beef export deal with China

In a major development, The Organic Meat Company Limited (TOMCL) has secured a $12-million contract from China for...

Updated 24 Sep, 2024 08:29pm

Markets

KSE-100 sees selling pressure, closes 367 points lower

Selling pressure was seen at the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 Index closed...

Updated 24 Sep, 2024 10:31pm

Pakistan

Fire engulfs building near Karachi’s Empress Market

A fire erupted on Tuesday in a building near Empress Market in Karachi’s Saddar area. As per Rescue 1122, the fire...

Updated 24 Sep, 2024 01:10pm

Markets

Amreli Steels temporarily halts operations at Karachi facility amid economic issues

Due to economic hardships, the Board of Directors (BoD) of Amreli Steels Limited (ASTL) has decided to temporarily...

Updated 24 Sep, 2024 08:49pm

BR’s refresher: your morning briefing for the day

Important updates from September 23, 2024

Published 24 Sep, 2024 09:06am

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	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Cotton US¢/pound / Dec 27	68.72
Petrol/Litre / Dec 28	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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