News stories for BR Web Desk - Business Recorder

BR Web Desk

Markets

ECC allows export of another 100,000 MT of sugar

Committee also approves Rs20 billion as special allocation for Operation Azm-e-Istehkam

Published 22 Aug, 2024 09:57pm

Pakistan

Harvard Business School delegation meets COAS

A delegation of 44 students from Harvard Business School representing 9 different countries, met Chief of Army Staff...

Published 22 Aug, 2024 07:30pm

Markets

SBP-held foreign exchange reserves increase $19mn, now stand at $9.3bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million on a weekly basis,...

Updated 22 Aug, 2024 10:41pm

Markets

Positivity continues at PSX, KSE-100 adds another 533 points

The Pakistan Stock Exchange (PSX) witnessed another positive session on Thursday as its benchmark KSE-100 Index...

Updated 22 Aug, 2024 10:46pm

Markets

Pakistan Refinery profit jumps 123% in FY24

Company announces final cash dividend of Rs2 per share

Updated 22 Aug, 2024 10:46pm

Pakistan

August inflation figure expected in single digits after almost 3 years: brokerage house

Inflationary pressure is likely to subside further in Pakistan and come down to single digits from August onwards,...

Updated 22 Aug, 2024 10:40pm

Business & Finance

Millat Tractors stops production, says govt has failed to address issues

Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, said on Thursday it has ceased production...

Updated 22 Aug, 2024 08:11pm

Technology

Azfar Manzoor appointed PTCL chairman

Pakistan Telecommunication Company Limited (PTCL) has appointed Azfar Manzoor as the new chairman of the company....

Published 22 Aug, 2024 03:24pm

Pakistan

Buna-Raast connectivity project will make remittances more convenient, says PM Shehbaz

This is Pakistan’s first cross-border real-time payment system linkage

Updated 22 Aug, 2024 10:43pm

Markets

Gold price continues to climb, hits Rs261,800 per tola in Pakistan

Gold prices in Pakistan maintained their upward trajectory on Thursday, hitting a fresh peak despite a decrease in...

Updated 22 Aug, 2024 03:29pm

Business & Finance

Engro Corp’s quarterly profit down 61%, clocks in at Rs5.07bn in Apr-Jun

Pakistan’s conglomerate Engro Corporation Limited (ENGRO) posted a consolidated profit-after-tax (PAT) of Rs5.07...

Updated 22 Aug, 2024 10:40pm

Pakistan

2 children killed, 5 injured as gunmen target school van in Attock, Punjab

Driver also injured as Pakistan president, Punjab CM offer condemnations

Updated 22 Aug, 2024 10:07pm

Markets

Pakistan’s ‘zombie power sector sucking the blood out of healthy firms’: Atif Mian

Noted economist says govt refusing to recognise the sector is bankrupt

Updated 22 Aug, 2024 03:33pm

BR’s refresher: your morning briefing for the day

Important updates from August 21, 2024

Published 22 Aug, 2024 08:41am

Pakistan

Section 144 imposed in Punjab for three days

The Punjab government on Wednesday imposed Section 144 for three days “to counter terror threats.” A notification...

Published 21 Aug, 2024 11:04pm

Pakistan

State should protect public from negative impacts of social media: COAS Asim Munir

Army chief says those who predicted Pakistan’s default are now silent

Updated 21 Aug, 2024 10:32pm

Pakistan

Karsaz Road accident: accused sent to jail on judicial remand

A Karachi city court on Wednesday sent a woman to jail in judicial remand for allegedly being responsible for a...

Updated 21 Aug, 2024 09:15pm

Markets

Bullish run at PSX, KSE-100 Index gains over 500 points

Bullish sentiments dominated the Pakistan Stock Exchange (PSX) on Wednesday, driven by optimism surrounding the...

Published 21 Aug, 2024 06:40pm

Business & Finance

Crescent Steel to supply additional coated pipes for K-IV project

Crescent Steel and Allied Products Limited (CSAP) has reached an agreement with the joint venture of China Harbour...

Published 21 Aug, 2024 05:02pm

Pakistan

PTA chairman blames Pakistan’s internet slowdown to ‘faulty submarine cable’

Says cable expected to be repaired by August 28

Updated 21 Aug, 2024 10:33pm

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	157.10
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
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Cotton US¢/pound / Dec 24	69.13
Petrol/Litre / Dec 25	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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