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Pakistan

‘Balochistan continuously neglected by Parliament’: Akhtar Mengal resigns from NA

Balochistan National Party-Mengal (BNP-M) Chairman Akhtar Mengal announced on Tuesday that he has resigned as a...

Updated 03 Sep, 2024 11:05pm

Business & Finance

Pakistan’s trade deficit shrinks marginally to $3.6bn in 2MFY25

Pakistan’s trade deficit shrank marginally to $3.6 billion during the first two months of fiscal year 2024-25...

Updated 03 Sep, 2024 10:28pm

Markets

Gold price per tola decreases Rs1,000 in Pakistan

After remaining stable in the previous session, gold prices in Pakistan declined on Tuesday, in line with decrease...

Published 03 Sep, 2024 12:52pm

Markets

Govt working on implementing IMF conditions, says PM

Pakistan has not yet been added to the IMF Executive Board calendar for September

Updated 03 Sep, 2024 08:28pm

Markets

Sale of petroleum products plunges 14% in August amid smuggling from Iran

Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%...

Updated 03 Sep, 2024 09:43pm

Business & Finance

Imran Maniar resigns as Sui Southern Gas Company CEO, MD

Imran Maniar has resigned from his position as Chief Executive Officer (CEO) and Managing Director (MD) of Sui...

Updated 03 Sep, 2024 10:24pm

BR’s refresher: your morning briefing for the day

Important updates from September 2, 2024

Published 03 Sep, 2024 08:35am

Pakistan

PM Shehbaz terms Pak-China friendship vital for regional stability

Prime Minister Shehbaz Sharif has emphasized that Pak-China friendship is inevitable not only for both countries but...

Published 02 Sep, 2024 11:31pm

Business & Finance

No plans to shut down Utility Stores Corporation: Rana Tanveer

Minister for Industries and Production says various options being considered for restructuring of USC

Published 02 Sep, 2024 09:46pm

Markets

Categorisation of SOEs: SMEDA declared as essential, PNSC as strategic

TCP may be categorised as essential SOE under SOEs Policy 2023, Cabinet Committee on State-Owned Enterprises decides

Updated 02 Sep, 2024 10:36pm

Markets

Air Link posts massive 382% increase in profit in FY24

Pakistan’s smartphone manufacturer Air Link Communication Limited saw its profit-after-tax (PAT) grow by 382% to...

Published 02 Sep, 2024 06:34pm

Pakistan

Sindh, Punjab to receive heavy rainfall in next 48 hours: Met Office

The Pakistan Meteorological Department (PMD) Monday predicted heavy to moderate rainfall, windstorms and...

Updated 02 Sep, 2024 06:47pm

Markets

KSE-100 closes 205 points lower in mixed session

The Pakistan Stock Exchange (PSX) endured a mixed session on Monday as the benchmark KSE-100 Index closed 205 points...

Updated 02 Sep, 2024 11:34pm

Markets

Inflation in Pakistan drops to single digit after three years, clocks in at 9.6% in August

Reading in line with official expectations that put figure in range of 9.5-10.5%

Updated 02 Sep, 2024 08:40pm

Markets

Gold unchanged at Rs262,500 per tola in Pakistan

Gold prices in Pakistan remained stable on Monday, in line with the international rates. In the local market, the...

Published 02 Sep, 2024 02:17pm

Markets

Nishat Mills Limited to establish company in UK

The Board of Directors of Nishat Mills Limited (NML), the flagship company of Nishat Group, has given its nod to...

Updated 02 Sep, 2024 11:35pm

Business & Finance

Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24

Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),...

Updated 02 Sep, 2024 10:37pm

Markets

National Refinery suffers massive Rs15.8bn loss in FY24

Despite higher revenue and lower finance cost, National Refinery Limited (NRL) registered a massive loss of Rs15.79...

Updated 02 Sep, 2024 04:32pm

Business & Finance

Nimir completes acquisition of P&G’s soap manufacturing facility, assumes operational control

Chemical company says acquisition will enable it to strengthen presence in the southern region, increase production capacity, and expand export operations through seaports

Published 02 Sep, 2024 11:30am

Markets

Indus Motor to invest another Rs1.1bn ‘for additional localization’

Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1.1 billion...

Updated 02 Sep, 2024 04:33pm

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 26	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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