News stories for BR Web Desk - Business Recorder

BR Web Desk

Markets

Positivity prevails at PSX, KSE-100 gains over 400 points

Rate cut expectations boost sentiment

Updated 24 Jul, 2024 08:42pm

Business & Finance

Honda Atlas Cars’ profit-after-tax jumps 40% in Apr-Jun

Amid massive increase in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) rose nearly...

Updated 24 Jul, 2024 10:06pm

Pakistan

Cabinet meeting: PM Shehbaz slams PTI, but no ban so far

Premier says the govt will not tolerate any propaganda campaign against the army chief at any cost

Updated 24 Jul, 2024 10:51pm

BR’s refresher: your morning briefing for the day

Important updates from July 23, 2024

Published 24 Jul, 2024 09:04am

Pakistan

After Fitch, Aurangzeb apprises Moody’s reps on IMF deal, economic reforms

Finance Minister informs ratings agency officials that multilateral institutions’ confidence growing in financing projects in Pakistan

Updated 23 Jul, 2024 10:57pm

Markets

PBC questions govt’s ambitious $65bn export target

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has raised concerns...

Published 23 Jul, 2024 07:27pm

Pakistan

Summer vacations in Sindh educational institutions extended till August 14

Decision made due to heatwave and expected monsoon rains, according to a notification issued by Sindh Education Department

Published 23 Jul, 2024 07:24pm

Sports

Women’s Asia Cup: Pakistan grab ten-wicket win over UAE

Opener Gull Feroza shone with a second consecutive half-century as Pakistan registered a comprehensive 10-wicket win...

Updated 23 Jul, 2024 07:15pm

Markets

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December 2024

After much delay, the State Bank of Pakistan (SBP) has issued the advance calendar of Monetary Policy Committee...

Updated 23 Jul, 2024 11:15pm

Business & Finance

DFML shares progress on EV manufacturing, share price hits upper limit

Dewan Farooque Motors Limited (DFML) informed stakeholders regarding the progress made at its assembly plant for the...

Updated 23 Jul, 2024 07:18pm

Pakistan

PTI’s Raoof Hasan handed over to FIA on two-day physical remand

A district and sessions court in Islamabad on Tuesday granted a two-day physical remand of Pakistan...

Updated 23 Jul, 2024 07:23pm

Markets

Gold price per tola decreases Rs500 in Pakistan

After registering an increase in the previous session, gold prices in Pakistan registered losses on Tuesday in line...

Published 23 Jul, 2024 12:39pm

Pakistan

Reserved seats verdict: PPP files review petition in Supreme Court

After Pakistan Muslim League-Nawaz (PML-N), Pakistan People’s Party (PPP) has also filed a review petition in the...

Updated 23 Jul, 2024 09:13pm

Markets

Buying returns at PSX as KSE-100 closes nearly 450 points higher

After some selling pressure that saw a correction of around 4% in the previous two sessions, positivity returned to...

Updated 23 Jul, 2024 07:18pm

Markets

MARI successfully concludes Ghazij appraisal program

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, successfully...

Published 23 Jul, 2024 11:34am

BR’s refresher: your morning briefing for the day

Important updates from July 22, 2024

Published 23 Jul, 2024 08:57am

Pakistan

Accountability court extends Imran, Bushra Bibi’s remand by 7 days in new Toshakhana case

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

Updated 22 Jul, 2024 10:21pm

Pakistan

Aurangzeb apprises Fitch representatives about IMF deal, reform measures for stable growth

Finance Minister informs ratings agency officials that Pakistan aims to increase revenues by 1.5% of GDP in FY 2025 and by 3% over the next three years

Updated 22 Jul, 2024 10:51pm

Markets

Majority expect reduction in key policy rate in upcoming MPC meeting, AHL survey finds

Brokerage house sees 100bps cut in meeting reportedly set to be held on July 29 (Monday)

Updated 22 Jul, 2024 10:56pm

Markets

Gold price per tola increases Rs1,000 in Pakistan

After registering a drop for two consecutive sessions, gold prices in Pakistan registered gains on Monday in line...

Updated 22 Jul, 2024 09:08pm

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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