News stories for BR Web Desk - Business Recorder

BR Web Desk

BR’s refresher: your morning briefing for the day

Important updates July 12, 2024

Published 13 Jul, 2024 08:50am

Markets

IMF, Pakistan reach staff-level agreement on $7bn Extended Fund Facility

The new 37-month programme is now subject to approval by the lender's Executive Board

Updated 13 Jul, 2024 10:15pm

Pakistan

‘Constitution has been rewritten’: law minister reacts to SC’s verdict on reserved seats

Federal Minister for Law and Justice Azam Nazeer Tarar on Friday said the Supreme Court’s (SC) judgement to give the...

Updated 12 Jul, 2024 09:21pm

Sports

Pakistan Champions qualify for WCL 2024 final after beating West Indies by 20 runs

Pakistan Champions on Friday became the first team to qualify for the World Championship of Legends (WCL) final...

Updated 12 Jul, 2024 09:37pm

Markets

Indus Motor temporarily halts production citing inventory shortage

Indus Motor Company (IMC), the manufacturer and assembler of Toyota-brand vehicles in Pakistan, has announced a...

Updated 12 Jul, 2024 11:14pm

Markets

KSE-100 recovers from early 1,300-point loss on political noise, closes nearly flat

The KSE-100 Index was able to recover around a 1,300-point loss it had suffered after the Supreme Court’s verdict on...

Updated 12 Jul, 2024 10:45pm

Markets

Gold price per tola jumps Rs2,200 in Pakistan

Gold prices in Pakistan registered gains for the third successive session on Friday in line with the increase in the...

Updated 12 Jul, 2024 10:45pm

Pakistan

Win for PTI as SC declares party eligible for reserved seats

'PTI was and is a political party', court rules

Updated 12 Jul, 2024 10:44pm

BR’s refresher: your morning briefing for the day

Important updates July 11, 2024

Published 12 Jul, 2024 08:38am

Markets

SBP-held foreign exchange reserves increase $16mn, now stand at $9.4bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $16 million on a weekly basis,...

Published 11 Jul, 2024 08:24pm

Pakistan

Reserved seats case: Supreme Court to announce verdict on Friday

Full court, led by CJP Isa, will announce judgement tomorrow at 12pm

Updated 11 Jul, 2024 10:17pm

Markets

KSE-100 ends with 151-point gain after volatile trading

The Pakistan Stock Exchange (PSX) witnessed a volatile session on Thursday, as its benchmark KSE-100 Index swayed in...

Published 11 Jul, 2024 06:34pm

Pakistan

No plans to enter into talks with banned TTP, says FO

Foreign Office Spokesperson Mumtaz Zahra Baloch says terrorist entity is responsible for killing Pakistani and foreign citizens inside Pakistan

Updated 11 Jul, 2024 10:18pm

Markets

Gold price per tola increases Rs1,200 in Pakistan

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

Published 11 Jul, 2024 04:32pm

Pakistan

Pakistan, Azerbaijan discuss $2bn investment boost in mutually beneficial projects

PM Shehbaz Sharif receives President Ilham Aliyev on his arrival in Pakistan on two-day visit

Updated 11 Jul, 2024 10:46pm

Business & Finance

Fleet Space Technologies’ ExoSphere to be used for Reko Diq exploration

Fleet Space Technologies of Australia will deploy ExoSphere, an end-to-end mineral exploration solution, to advance...

Updated 11 Jul, 2024 10:37pm

Markets

PM Shehbaz directs third-party audit of WeBOC

Prime Minister Shehbaz Sharif on Thursday has directed relevant authorities to conduct a third-party audit of Web...

Updated 11 Jul, 2024 10:16pm

Pakistan

Justice Aalia Neelum takes oath as LHC’s first female top judge

Justice Aalia Neelum took oath on Thursday as the Lahore High Court’s first woman chief justice. Punjab Governor...

Updated 11 Jul, 2024 02:12pm

BR’s refresher: your morning briefing for the day

Important updates July 10, 2024

Published 11 Jul, 2024 08:27am

Pakistan

Security forces kill three terrorists in Peshawar IBO: ISPR

Weapons and ammunition were also recovered during the operation, the military's media wing says

Published 10 Jul, 2024 09:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
Ghandhara Ind. / Dec 23 Ghandhara Industries Limited(GHNI)	577.96 ▲ 52.54 (10.00%)
Leiner Pak Gelat / Dec 23 Leiner Pak Gelatine Limited(LPGL)	119.99 ▲ 10.91 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
Al-Khair Gadoon / Dec 23 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.52 ▼ -2.66 (-8.81%)
Quetta Textile / Dec 23 Quetta Textile Mills Limited(QUET)	18 ▼ -1.56 (-7.98%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.57 ▼ -0.82 (-7.20%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.44 ▼ -0.75 (-6.70%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.16
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.09
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.60
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.16
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▼ -0.05
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.37
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.22
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.20

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