News stories for BR Web Desk - Business Recorder

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Pakistan

Mari Mining receives licences for exploration of minerals in Chagai

Mari Mining Company (Pvt) Limited (MMC), a wholly-owned subsidiary of Mari Petroleum Company Limited (MARI), has...

Updated 03 Jul, 2024 05:11pm

Pakistan

ECP protest case: Islamabad court acquits Imran, Qureshi

A district and sessions court acquitted on Wednesday Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and former...

Updated 03 Jul, 2024 08:24pm

Markets

Record high closing: KSE-100 index settles at 80,234

The Pakistan Stock Exchange (PSX) continued with its winning run as the benchmark KSE-100 index settled above the...

Updated 03 Jul, 2024 05:11pm

BR’s refresher: your morning briefing for the day

Important updates from July 2, 2024

Published 03 Jul, 2024 09:05am

Pakistan

Measures underway to pass on benefits of economic policies to public: Ali Pervaiz Malik

Minister of State for Finance says investors' trust is increasing while the stock market has also witnessed a historic boom

Updated 02 Jul, 2024 09:10pm

Pakistan

Imran Khan’s wife Bushra Bibi gets bail in graft case

Accountability court adjourns hearing in £190 million case till July 5

Published 02 Jul, 2024 05:46pm

Markets

Pakistan’s Citi Pharma enters into strategic partnership with Indian company

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has entered into a strategic partnership with...

Updated 02 Jul, 2024 09:08pm

Markets

Pakistan’s trade deficit contracts 12% YoY to $24.1bn in FY24

Exports increase by 10.5% to $30.7bn while imports decline 0.8% to $54.7bn
However, trade deficit increases by 15.13% to $2.39 billion in June

Updated 02 Jul, 2024 08:10pm

Markets

PPL discovers gas reserves in Sindh

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has discovered gas reserves from its...

Updated 02 Jul, 2024 06:26pm

Pakistan

PM Shehbaz meets Tajik president, highlights Pakistan’s investment potential in multiple sectors

Both leaders discuss ways to strengthen cooperation in different fields between the two countries

Updated 02 Jul, 2024 09:12pm

Markets

Gold unchanged at Rs241,500 per tola in Pakistan

After declining in the previous session, gold prices in Pakistan remained unchanged on Tuesday in line with the...

Published 02 Jul, 2024 02:17pm

Markets

KSE-100 gains on heavyweight stocks, settles above 79k level for first time

Bullish momentum continued on Tuesday at the Pakistan Stock Exchange (PSX) driven by optimism over a new...

Updated 02 Jul, 2024 09:07pm

Pakistan

Imran Khan’s detention internal matter for Pakistan: US State Dept

Principal Deputy Spokesperson Vedant Patel says Pakistan's elections continue to be in Washington's focus

Updated 02 Jul, 2024 05:17pm

BR’s refresher: your morning briefing for the day

Important updates from July 1, 2024

Published 02 Jul, 2024 09:05am

Business & Finance

Prior actions for IMF programme largely complete, says Aurangzeb

IMF also wants work on some structural benchmarks like a tax-to-GDP ratio, power sector, FBR, and SOE reforms

Updated 01 Jul, 2024 11:42pm

Business & Finance

Access the Finance Act 2024 here

Published 01 Jul, 2024 05:06pm

Markets

MARI drills another appraisal well in Sindh

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

Published 01 Jul, 2024 04:34pm

Markets

SIUT Trust takes physical possession of Karachi’s Regent Plaza

Pakistan Hotels Developers Limited (PHDL) has handed over physical possession of Regent Plaza, a four-star hotel in...

Updated 01 Jul, 2024 07:16pm

Pakistan

We understand the pain, will provide relief to salaried class at first opportunity we get: Aurangzeb

Finance Minister Muhammad Aurangzeb has said that the government will provide relief to the salaried class at the...

Updated 01 Jul, 2024 07:03pm

Markets

Gold price per tola decreases Rs200 in Pakistan

Gold prices declined in Pakistan on Monday in line with the decrease in the international rate. In the local market,...

Updated 01 Jul, 2024 06:27pm

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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