News stories for BR Web Desk - Business Recorder

BR Web Desk

Technology

TRG Pakistan says indirect portfolio company Afiniti has agreed ‘comprehensive restructuring plan’

TRG Pakistan, being a shareholder in The Resource Group International (TRGI), announced on Friday that its indirect...

Updated 20 Sep, 2024 04:56pm

Markets

KSE-100 gains another 615 points, closes at record high

Bulls continued to make further inroads at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 Index, led by...

Updated 20 Sep, 2024 10:18pm

BR’s refresher: your morning briefing for the day

Important updates from September 19, 2024

Published 20 Sep, 2024 08:45am

Pakistan

President Zardari, Russia Deputy PM discuss trade, economic cooperation

Pakistan and Russia Thursday reaffirmed their commitment to expanding trade and economic ties, besides enhancing...

Published 19 Sep, 2024 07:19pm

Markets

SBP-held foreign exchange reserves increase $43mn, now stand at $9.51bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $43 million on a weekly basis,...

Updated 19 Sep, 2024 10:51pm

Pakistan

Election Act amendments invalidate SC verdict on reserved seats, NA Speaker tells ECP

Ayaz Sadiq says protection of laws passed by Parliament and ensuring their enforcement are constitutional responsibilities of the ECP

Updated 19 Sep, 2024 10:51pm

Pakistan

PM Shehbaz says Pakistan keen to expand trade, security cooperation with Russia

Prime Minister Shehbaz Sharif said on Thursday that Pakistan is keen to expand its trade, economic, energy,...

Updated 19 Sep, 2024 10:38pm

Markets

Pakistan’s power generation falls sharply amid rising costs, solarisation

Power generation in Pakistan clocked in at 13,180 GWh (17,714 MW) in August 2024, a decline of over 17% YoY as...

Updated 19 Sep, 2024 10:24pm

Pakistan

Pakistan terms electronic means to commit terrorism in Lebanon ‘reprehensible’

Pakistan strongly condemned on Thursday the recent attacks on Lebanon’s Hezbollah, saying that the use of cyber and...

Updated 19 Sep, 2024 10:24pm

Markets

Gold price hits new record high of Rs268,500 per tola in Pakistan

After registering a decline in the previous session, gold prices in Pakistan gained on Thursday in line with their...

Updated 19 Sep, 2024 06:01pm

Markets

KSE-100 retreats after briefly hitting record high of 82,000

Led by index-heavy stocks, benchmark index gains nearly 1.24% to settle at 81,459.29

Updated 19 Sep, 2024 09:00pm

BR’s refresher: your morning briefing for the day

Important updates from September 18, 2024

Published 19 Sep, 2024 08:50am

Markets

Pakistan govt considers proposal to establish new steel mill in Karachi with Russian cooperation

The government is considering a proposal to establish a new steel mill in Karachi with Russian cooperation and both...

Updated 18 Sep, 2024 11:31pm

Pakistan

Fazl ‘completely rejects’ govt proposed constitutional package

JUI-F chief says the government gave different proposals to different individuals

Updated 18 Sep, 2024 08:58pm

Business & Finance

Pakistan’s REER index decreases to 100.16 in August 2024

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

Updated 18 Sep, 2024 10:36pm

Pakistan

PTI intra-party election case: ECP adjourns hearing until October 2

ECP warns the party could face an uncertain future if the intra-party election not recognised

Published 18 Sep, 2024 05:04pm

Pakistan

Pakistan’s current account posts surplus of $75mn in August 2024

Development comes on back of massive increase in remittance inflows

Updated 18 Sep, 2024 10:31pm

Pakistan

Russia would support Pakistan’s inclusion in BRICS, says Russian deputy PM

Alexei Overchuk along with high-level delegation are in Islamabad on two-day visit

Updated 18 Sep, 2024 11:29pm

Markets

Gold price per tola decreases Rs300 in Pakistan

After registering gains in the last three sessions, gold prices in Pakistan declined on Wednesday in line with their...

Published 18 Sep, 2024 02:48pm

Markets

PSX’s earnings jump to Rs1.03bn in FY24, massive 368% higher

Increase led by share of profit from associates and income from exchange operations

Updated 18 Sep, 2024 08:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
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
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
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
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
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular