News stories for BR Web Desk - Business Recorder

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Pakistan

KE says network stable as Karachi receives light to moderate rain

K-Electric (KE) said its network in Karachi was stable as the city received light to moderate rain on Thursday. The...

Published 01 Aug, 2024 03:23pm

Business & Finance

Bank Alfalah’s profit jumps 53% in 2QCY24, clocks in at Rs12bn

Despite lower net interest income, Bank Alfalah saw its consolidated profit jump to Rs12 billion during the quarter...

Published 01 Aug, 2024 03:09pm

Pakistan

Pakistan’s headline inflation clocks in at 11.1% in July 2024, lowest since November 2021

Reading lower than official expectations that put figure in range of 12-13%

Updated 01 Aug, 2024 05:55pm

Pakistan

Heavy rain breaks 44-year record in Lahore

Lahore experienced record-breaking rainfall on Thursday, the highest in the last 44 years, according to the Regional...

Updated 01 Aug, 2024 06:08pm

Pakistan

Cannot defer reform agenda anymore, says Aurangzeb

Finance minister says state-owned insurance companies should also be handed over to private sector

Updated 01 Aug, 2024 09:34pm

BR’s refresher: your morning briefing for the day

Important updates from July 31, 2024

Published 01 Aug, 2024 09:43am

Sports

Pakistan U19 to play tri-series against UAE, Afghanistan

The Pakistan men’s U19 cricket team will take on Afghanistan and hosts United Arab Emirates (UAE) in a 50-over...

Published 31 Jul, 2024 11:39pm

Business & Finance

Govt reduces petrol price by Rs6.17, HSD’s by Rs10.86 per litre

New prices come into effect from August 1, 2024

Updated 31 Jul, 2024 11:27pm

Pakistan

PM Shehbaz extends electricity bill payment deadline by 10 days

Prime Minister Shehbaz Sharif on Wednesday ordered a 10-day extension for electricity bill payments, according to an...

Published 31 Jul, 2024 10:51pm

Pakistan

PMD predicts torrential rains across country from August 1

Met Office warns of possible flash flooding in local streams and nullahs in Kashmir, KP, and northern Punjab

Published 31 Jul, 2024 09:45pm

Sports

Waqar Younis set to return to PCB at key role

Former Pakistan captain and coach Waqar Younis is set to return to the Pakistan Cricket Board (PCB) as an advisor to...

Published 31 Jul, 2024 08:38pm

Pakistan

NA committee passes amendments to Election Act

National Assembly to consider the bill for final approval on Friday

Published 31 Jul, 2024 07:47pm

Markets

Pakistan’s internet outage takes toll on trading momentum, KSE-100 plunges nearly 1% in final hour

Analysts say inability to access real-time data could have triggered panic selling towards end of session

Updated 31 Jul, 2024 06:05pm

Business & Finance

Transaction complete: PHDL transfers title, possession of Regent Plaza to SIUT Trust

Pakistan Hotels Developers Limited (PHDL) has transferred the title and possession of Regent Plaza, a four-star...

Updated 31 Jul, 2024 06:01pm

Pakistan

Internet services face disruption across Pakistan, PTA blames PTCL

Internet services were disrupted in Pakistan on Wednesday, with users reporting outages and sluggish speeds across...

Updated 31 Jul, 2024 07:34pm

Pakistan

Pakistan says concerned with ‘growing Israeli adventurism’

Pakistan on Wednesday condemned the “reckless” killing of Hamas leader Ismail Haniyeh, saying it “views with serious...

Updated 31 Jul, 2024 07:05pm

Markets

Gold price per tola increases Rs1,200 in Pakistan

Gold prices in Pakistan registered gains on Wednesday in line with the increase in the international rate. In the...

Updated 31 Jul, 2024 03:35pm

Business & Finance

UBL’s profit clocks in at massive Rs15.3bn in 2QCY24

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive...

Updated 31 Jul, 2024 05:59pm

Business & Finance

Indus Motor starts vehicle export to other Toyota affiliated companies, but ‘financial benefits minimal’

Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, said it has...

Updated 31 Jul, 2024 03:39pm

Business & Finance

Engro Fertilizers’ earnings stand at Rs1.6bn in 2QCY24, up 57% YoY

Engro Fertilizers Limited (EFERT), a wholly-owned subsidiary of Engro Corporation Limited, posted a profit after tax...

Updated 31 Jul, 2024 03:39pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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