News stories for BR Web Desk - Business Recorder

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Pakistan

PML-N tables bill in NA against independent candidates joining parties after specified time

Bill says political parties that fail to submit a list of reserved seats within the given time would not be eligible for quota

Updated 30 Jul, 2024 11:16pm

Pakistan

President Zardari calls for stronger cooperation with Commonwealth

Says Pakistan attaches great importance to the Commonwealth for promoting cooperation among member states

Published 30 Jul, 2024 07:58pm

Pakistan

Deputy PM Ishaq Dar in Tehran to attend Iranian President-elect’s oath ceremony

Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday arrived in Tehran to attend the inauguration and...

Updated 30 Jul, 2024 08:06pm

Markets

KSE-100 retreats marginally as investors ‘unimpressed’ with 100bps cut in key policy rate

The Pakistan Stock Exchange (PSX) saw a lacklustre session on Tuesday and the KSE-100 Index fell 0.25% as investors...

Updated 30 Jul, 2024 08:50pm

Pakistan

Govt adamant on bringing agriculture into tax net: Aurangzeb

Finance Minister says every segment has to play its part

Updated 30 Jul, 2024 10:14pm

Pakistan

Ex-army officer Akbar Hussain handed 14 years jail for ‘inciting sedition’

Lieutenant Colonel Akbar Hussain, a retired officer of Pakistan Army, was handed a 14-year jail sentence after the...

Updated 30 Jul, 2024 10:15pm

Business & Finance

Fauji Fertilizer Company makes Rs25bn profit in three-month period

Fauji Fertilizer Company (FFC) , one of Pakistan’s largest fertilizer producers, posted a consolidated...

Updated 30 Jul, 2024 10:13pm

Markets

Suhail Jute Mills says political, economic uncertainties behind inability to start commercial operations

Suhail Jute Mills Limited (SUJH), engaged in the manufacturing and sale of jute products, said the company has been...

Updated 30 Jul, 2024 06:38pm

Pakistan

Parts of Karachi receive light to moderate rain

Several areas of Karachi received light to moderate rainfall on Tuesday, as the National Disaster Management...

Published 30 Jul, 2024 12:55pm

BR’s refresher: your morning briefing for the day

Important updates from July 29, 2024

Published 30 Jul, 2024 08:56am

Sports

Paris Olympics: Pakistan’s shooters miss the mark again in 10m air pistol mixed event

Pakistani shooters Gulfam Joseph and Kishmala Talat continued their disappointing run on day 3 of the Paris Olympics...

Published 30 Jul, 2024 12:01am

Pakistan

Miftah Ismail says fiscally possible to remove electricity taxes without disturbing primary surplus

Former finance minister says the reduction in revenue collection from eliminating taxes can be offset by reducing funds allocated to the Public Sector Development Programme

Published 29 Jul, 2024 09:27pm

Pakistan

New Toshakhana case: court extends Imran, Bushra Bibi’s physical remand by 10 days

An Accountability Court on Monday extended Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his spouse Bushra...

Published 29 Jul, 2024 09:03pm

Pakistan

Soldier martyred, 16 injured in violent mob attack in Gwadar: ISPR

The military's media wing says security forces have displayed extreme restraint to avoid unwarranted civilian casualties despite provocations

Updated 29 Jul, 2024 08:05pm

Pakistan

TLP leader booked for ‘inciting violence’ against CJP Isa

Lahore police on Monday registered a case against a senior leader of the Tehreek-e-Labbaik Pakistan (TLP) Pir Zaheer...

Published 29 Jul, 2024 04:01pm

Pakistan

Fitch upgrades Pakistan rating to ‘CCC+’

Upgrade reflects greater certainty over continued availability of external funding, says credit rating agency

Updated 29 Jul, 2024 07:43pm

Markets

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

Pakistan

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY

Foreign investors repatriated a massive $2.215 billion on account of profit and dividend during fiscal year...

Updated 29 Jul, 2024 08:04pm

Markets

Gold price per tola gains Rs200 in Pakistan

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

Published 29 Jul, 2024 01:21pm

Business & Finance

Global appliance maker eyes strategic alliance with Waves Home Appliances Limited

Waves Home Appliances Limited (WAVESAPP), a Pakistani manufacturer of home appliances, has received a proposal for...

Updated 29 Jul, 2024 05:55pm

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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