News stories for BR Web Desk - Business Recorder

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Business & Finance

Dubai-based family offices manage over $1 trillion in assets: report

Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, a Bloomberg report...

Published 21 Nov, 2024 09:15pm

Markets

SBP-held foreign exchange reserves increase $29mn, now stand at $11.29bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $29 million on a weekly basis,...

Updated 21 Nov, 2024 11:09pm

Technology

Pakistan’s IT minister Shaza Fatima defends internet restrictions, says security comes first

Amid rising concerns over the ongoing slowdown of internet services in Pakistan, Minister of State for IT and...

Updated 21 Nov, 2024 10:12pm

Sports

Sumair Ahmad appointed ICC Champions Trophy tournament director

Pakistan Cricket Board (PCB) has appointed its Chief Operating Officer (COO) Sumair Ahmad Syed as the Tournament...

Published 21 Nov, 2024 04:24pm

Pakistan

ATC approves Imran Khan’s five-day physical remand in vandalism case

An anti-terrorism court (ATC) in Rawalpindi on Thursday granted a five-day physical remand of former prime minister...

Updated 21 Nov, 2024 08:43pm

Pakistan

At least 38 people killed in gun attack on passenger vans in KP’s Kurram District

At least 38 people were killed on Thursday after assailants opened fire on passenger vehicles in Uchat area of...

Updated 21 Nov, 2024 10:11pm

Markets

Gold price per tola increases Rs3,700 in Pakistan

Gold prices in Pakistan rose on Thursday in line with their increase in the international rates. In the local...

Published 21 Nov, 2024 03:35pm

Business & Finance

Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational

Thatta Cement Company Limited (THCCL) categorically rejected claims made by a competitor alleging an abrupt shutdown...

Updated 21 Nov, 2024 05:22pm

Markets

KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points

Fertiliser sector leads buying rally, adding over 1,100 points alone

Updated 21 Nov, 2024 11:09pm

BR’s refresher: your morning briefing for the day

Important updates from November 20, 2024

Published 21 Nov, 2024 08:33am

Pakistan

Joint military exercise between Pakistan, China begins in Pabbi

The opening ceremony of the Pak-China Joint Exercise Warrior-VIII between the Pakistan Army and the Peoples’...

Published 20 Nov, 2024 09:24pm

Pakistan

Transfer of Chinese industries to Pakistan: Ahsan directs officials to identify sites for Model SEZs

Planning minister Ahsan Iqbal on Wednesday directed the officials concerned to identify suitable sites for the...

Updated 20 Nov, 2024 09:22pm

Pakistan

Interior Ministry approves deployment of Rangers, FC in Islamabad ahead of PTI protest

The Interior Ministry has approved the deployment of Rangers and Frontier Constabulary (FC) in Islamabad to maintain...

Updated 20 Nov, 2024 10:58pm

Markets

Gold price per tola increases Rs800 in Pakistan

Gold prices in Pakistan advanced on Wednesday in line with their increase in the international rates. In the local...

Published 20 Nov, 2024 06:35pm

Pakistan

Imran Khan gets bail in new Toshakana case

IHC justice orders former prime minister's release

Updated 20 Nov, 2024 10:58pm

Pakistan

Suicide blast martyrs 12 security personnel in Bannu District, says ISPR

Security forces kill six terrorists

Updated 20 Nov, 2024 10:53pm

Markets

Expanding renewables: Kohat Cement installs 5.34 MW solar power plant

Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement...

Updated 20 Nov, 2024 03:31pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 28	279.70
USD PKR Interbank Buying / Feb 28	279.50
USD to Japanese Yen / Feb 28	150.63
USD to Swiss Franc / Feb 28	0.90
Pound Sterling to USD / Feb 28	1.26
Euro to USD / Feb 28	1.10
UK LIBOR % / Feb 28	4.96

Stock	Volume
S&P 500 / Feb 28	5,954.50
India Sensex / Feb 28	73,198.10
Tokyo Nikkei / Feb 28	37,155.50
Nasdaq / Feb 28	18,847.28
Hang Seng / Feb 28	22,941.32
FTSE 100 / Feb 28	8,809.74
Dow Jones / Feb 28	43,840.91
Germany DAX 30 / Feb 28	22,551.43
France CAC40 / Feb 28	8,111.63

Item	Value
Crude Oil USD/Barrel / Feb 28	69.76
Karachi Cotton PKR/37.32 KG / Feb 28	17,785
Gold 10 Grams PKR / Feb 28	257,639
Gold Spot USD/Ounce / Feb 28	2,857.83
Cotton US¢/pound / Feb 28	65.25
Petrol/Litre / Mar 2	255.63
Diesel/Litre / Mar 2	258.64

Gainers
Losers
Leaders

Stock	Price
Beco Steel Ltd / Feb 28 Beco Steel Limited(BECO)	9.60 ▲ 1 (11.63%)
Merit Packaging / Feb 28 Merit Packaging Limited(MERIT)	10.59 ▲ 1 (10.43%)
Internationl Packaging Films / Feb 28 Internationl Packaging Films Limited(IPAK)	22.28 ▲ 2.03 (10.02%)
The Thal Ind.Corp. / Feb 28 The Thal Industries Corporation Limited(TICL)	424.64 ▲ 38.6 (10%)
S.S.Oil / Feb 28 S.S.Oil Mills Limited(SSOM)	88.33 ▲ 8.03 (10%)
Sanghar Sugar / Feb 28 Sanghar Sugar Mills Limited(SANSM)	49.60 ▲ 4.51 (10%)
Khyber Tobacco / Feb 28 Khyber Tobacco Company Limited(KHTC)	302.01 ▲ 27.46 (10%)
Fateh Sports / Feb 28 Fateh Sports Wear Limited(FSWL)	85.72 ▲ 7.79 (10%)
AGP Limited / Feb 28 AGP Limited(AGP)	189.72 ▲ 17.25 (10%)
Power Cem(Pref) / Feb 28 Power Cement (Pref)(POWERPS)	14.11 ▲ 1.28 (9.98%)

Stock	Price
First Elite Cap.Mod / Feb 28 First Elite Capital Modaraba(FECM)	7.40 ▼ -0.97 (-11.59%)
Kohinoor Energy / Feb 28 Kohinoor Energy Limited(KOHE)	22.59 ▼ -2.51 (-10%)
Dadex Eternit / Feb 28 Dadex Eternit Limited(DADX)	73.05 ▼ -8.12 (-10%)
EMCO Industries / Feb 28 Emco Industries Limited(EMCO)	25.66 ▼ -2.85 (-10%)
Pak Datacom / Feb 28 Pak Datacom Limited(PAKD)	94.84 ▼ -10.53 (-9.99%)
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	29.56 ▼ -3.28 (-9.99%)
Trust Sec.& Brok. / Feb 28 Trust Securities & Brokerage Limited(TSBL)	11.58 ▼ -1.27 (-9.88%)
Data Agro / Feb 28 Data Agro Limited(DAAG)	88 ▼ -9.64 (-9.87%)
S.G.Power / Feb 28 S.G. Power Limited(SGPL)	9.12 ▼ -0.98 (-9.7%)
Dewan Textile / Feb 28 Dewan Textile Mills Limited(DWTM)	7.70 ▼ -0.76 (-8.98%)

Stock	Volume
Cnergyico PK / Feb 28 Cnergyico PK Limited(CNERGY)	71,837,021 ▼ -0.21
Pak Int.Bulk / Feb 28 Pakistan International Bulk Terminal(PIBTL)	51,942,475 ▲ 0.64
WorldCall Telecom / Feb 28 Worldcall Telecom Limited(WTL)	42,417,350 ▼ -0.04
National Bank / Feb 28 National Bank of Pakistan(NBP)	27,430,703 ▲ 3.96
GhaniGlobalGlass / Feb 28 Ghani Global Glass Limited(GGGL)	21,659,838 ▼ -0.15
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	17,624,004 ▼ -3.28
Maple Leaf Cement / Feb 28 Maple Leaf Cement Factory Limited(MLCF)	16,353,261 ▲ 2.21
Sui North Gas / Feb 28 Sui Northern Gas Pipelines Limited(SNGP)	15,824,842 ▲ 1.11
Sui South Gas / Feb 28 Sui Southern Gas Company Limited(SSGC)	14,522,331 ▼ -0.7
B.O.Punjab / Feb 28 The Bank of Punjab(BOP)	13,562,631 ▼ -0.09

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