News stories for BR Web Desk - Business Recorder

BR Web Desk

BR’s refresher: your morning briefing for the day

Important updates from August 31, and September 1, 2024

Published 02 Sep, 2024 09:06am

Markets

PM Shehbaz expresses satisfaction over ease in inflation

Pakistan’s headline inflation projected to decline and range between 9.5-10.5% in August

Updated 02 Sep, 2024 12:01am

Pakistan

President, PM pay tribute to Syed Ali Geelani on his 3rd death anniversary

President Asif Ali Zardari and Prime Minister Shehbaz Sharif Sunday paid tribute to the heroic struggle of the...

Updated 01 Sep, 2024 08:21pm

Business & Finance

Govt reduces petrol price by Rs1.86, HSD’s by Rs3.32 per litre

New prices come into effect from September 01, 2024

Published 31 Aug, 2024 10:30pm

Pakistan

Nawaz Sharif calls for reduction in govt spending to increase relief efforts

PML-N chief presides over a party meeting to assess the relief efforts undertaken by the federal and Punjab governments

Updated 31 Aug, 2024 10:13pm

Markets

Gold price per tola increases Rs1,000 in Pakistan

After declining in the previous session, gold prices in Pakistan increased on Saturday, despite a decrease in the...

Updated 31 Aug, 2024 04:21pm

Pakistan

Cyclone Asna moves away from Karachi, PMD predicts heavy rains

Says cyclone over northeast Arabian Sea off the Sindh coast likely to track further west-southwestwards

Updated 31 Aug, 2024 10:15pm

BR’s refresher: your morning briefing for the day

Important updates from August 30, 2024

Published 31 Aug, 2024 08:51am

Pakistan

Security forces kill 12 terrorists in Tirah Valley IBOs, says ISPR

The security forces killed 12 terrorists in multiple intelligence-based operations (IBOs) in Tirah Valley of Khyber...

Published 30 Aug, 2024 10:02pm

Pakistan

Finance ministry expects inflation to fall further to 9.5-10.5% in August

Headline inflation figure hit 11.1% in July and brokerage houses now see the number falling to single digits

Updated 30 Aug, 2024 10:09pm

Pakistan

Balochistan attacks conspiracy to sabotage SCO conference in Pakistan: Mohsin Naqvi

Federal Interior Minister Mohsin Naqvi on Friday said recent attacks in Balochistan were fully planned by multiple...

Updated 30 Aug, 2024 09:37pm

Business & Finance

Third successive decline: weekly SPI down 0.62%

The Sensitive Price Indicator (SPI) for the current week ended on August 29, 2024 decreased by 0.62%, according to...

Published 30 Aug, 2024 04:12pm

Pakistan

Security forces kill 5 terrorists in multiple IBOs across Balochistan: ISPR

Military's media wing says operations carried out in backdrop of cowardly terrorist activities that targeted innocent civilians in Balochistan on August 26

Updated 30 Aug, 2024 08:21pm

Markets

KSE-100 closes 139 points higher as profit-taking trims intra-day gains

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed 139 points higher on Friday as late-session...

Updated 30 Aug, 2024 09:22pm

Pakistan

Strong winds cause damage in Karachi as storm system intensifies into Cyclone Asna

Officials warn against 'unnecessary movement' as widespread rain/wind-thunderstorms expected across Sindh

Updated 31 Aug, 2024 12:56am

Markets

OGDCL discovers hydrocarbon reserves in Sindh

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

Updated 30 Aug, 2024 09:37pm

BR’s refresher: your morning briefing for the day

Important updates from August 29, 2024

Published 30 Aug, 2024 08:46am

Pakistan

Karachi schools to remain closed on Friday amid heavy rain forecast

Karachi Commissioner Hassan Naqvi has ordered that all public and private schools in the city be closed on Friday...

Published 29 Aug, 2024 11:43pm

Markets

Govt to introduce new incentives for foreign investors, Aurangzeb says

Finance minister expresses govt's commitment to creating an enabling environment for private sector investment

Published 29 Aug, 2024 10:20pm

Markets

SBP-held foreign exchange reserves increase $112mn, now stand at $9.4bn

Total liquid foreign reserves held by the country stand at $14.77bn

Updated 29 Aug, 2024 09:14pm

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular