News stories for BR Web Desk - Business Recorder

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Markets

Gold price per tola increases another Rs1,100 in Pakistan

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

Published 05 Jul, 2024 04:22pm

Technology

Pakistan’s DealCart announces $3mn seed round led by international investors

DealCart, a Pakistani social e-commerce startup, announced on Thursday that it has successfully raised $3 million in...

Updated 05 Jul, 2024 07:09pm

Pakistan

At least three killed, several injured in Mardan bomb blast

At least three people were killed and eight others injured on Friday in an explosion in Khyber Pakhtunkhwa’s (KPK)...

Updated 05 Jul, 2024 04:34pm

Business & Finance

Transaction complete: UBL sells off stake in its UK subsidiary to Bestway Group

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has successfully concluded the transaction...

Updated 05 Jul, 2024 07:09pm

Pakistan

Dr Gohar Ejaz urges govt to provide relief to salaried class

Former caretaker minister also advocates lowering key interest rate

Updated 05 Jul, 2024 04:45pm

Markets

Farrukh H Khan resigns as Pakistan Stock Exchange CEO

Farrukh H Khan has resigned from the position of Chief Executive Officer (CEO) of Pakistan Stock Exchange Limited...

Updated 05 Jul, 2024 04:32pm

BR’s refresher: your morning briefing for the day

Important updates from July 4, 2024

Published 05 Jul, 2024 08:45am

Business & Finance

After fresh tax: milk in Pakistan becomes more expensive than in France

Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the...

Published 04 Jul, 2024 07:44pm

Pakistan

Qatar pledges support for Pakistan’s climate-vulnerable sectors

Both countries discuss collaboration on climate risk management, environment conservation, and other areas of interest

Published 04 Jul, 2024 07:32pm

Markets

SBP-held foreign exchange reserves increase $494mn, now stand at $9.39bn

Central bank says official inflows from multilateral agencies helped boost foreign currency reserves

Published 04 Jul, 2024 07:26pm

Pakistan

Pakistan to host SCO meeting in October 2024: Foreign Office

Islamabad holds rotating chairmanship of Shanghai Cooperation Organization’s Council of Heads of Government

Updated 04 Jul, 2024 11:06pm

Markets

After positive start, KSE-100 ends session on flat note

After initial gains that propelled the benchmark index to near the 81,000 level, the Pakistan Stock Exchange (PSX)...

Updated 04 Jul, 2024 11:08pm

Markets

FTSE Russell downgrades Pakistan to frontier market from secondary emerging status

In a key development, FTSE Russell has lowered Pakistan ranking to frontier market status from secondary emerging....

Updated 04 Jul, 2024 08:51pm

Markets

Gold price per tola increases Rs1,000 in Pakistan

Gold prices in Pakistan registered gains for the second consecutive session on Thursday in line with an increase in...

Published 04 Jul, 2024 03:07pm

Pakistan

SCO summit: terrorism, extremism must be fought collectively, says PM Shehbaz

There is no justification for killing innocent people or using the bogey of terrorism for political point-scoring, premier adds in address

Updated 04 Jul, 2024 11:06pm

Business & Finance

Bank of Punjab to open offices in Bahrain, UAE

The Board of Directors of the Bank of Punjab (BoP) has given its approval to the bank to establish a Wholesale...

Updated 04 Jul, 2024 05:06pm

BR’s refresher: your morning briefing for the day

Important updates from July 3, 2024

Published 04 Jul, 2024 08:47am

Pakistan

Former senator Hidayat Ullah, two others killed in Bajaur blast

Hidayatullah was traveling for an election campaign when his vehicle was targeted

Updated 03 Jul, 2024 07:02pm

Pakistan

PM Shehbaz seeks barter trade revival with Russia in meeting with Putin

Says positive trajectory of Pak-Russia relations is a matter of 'great comfort'

Updated 03 Jul, 2024 07:02pm

Markets

Gold price per tola increases Rs800 in Pakistan

After remaining unchanged in the previous session, gold prices improved in Pakistan on Wednesday in line with an...

Published 03 Jul, 2024 02:31pm

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
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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