News stories for BR Web Desk - Business Recorder

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Markets

KSE-100 extends losses amid selling pressure

The Pakistan Stock Exchange (PSX) witnessed another negative session on Wednesday as its benchmark KSE-100 Index...

Updated 05 Jun, 2024 10:47pm

Pakistan

Bilawal urges party leaders to meet public expectations, stop in-fighting

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday urged Sindh ministers to focus on their...

Published 05 Jun, 2024 06:25pm

Pakistan

Pakistan, Italy agree to undertake joint efforts against drug trafficking

Interior Minister Mohsin Naqvi and his Italian counterpart Matteo Piantedosi meet in Rome to discuss the issue

Published 05 Jun, 2024 05:55pm

Pakistan

ADB approves $250mn loan to boost public-private partnerships in Pakistan

The Asian Development Bank (ADB) on Wednesday approved a $250-million policy-based loan to help Pakistan drive...

Updated 05 Jun, 2024 10:43pm

Markets

Power Division rejects reports of ending net metering policy

The Power Division on Wednesday rejected reports claiming that the government might take a decision to end the net...

Updated 05 Jun, 2024 10:18pm

Business & Finance

Air Link inks MoU with China’s IMIKI Corporation to manufacture smart wearable devices

Air Link Communication Limited, a manufacturer of smartphones in Pakistan, has inked a Memorandum of Understanding...

Updated 05 Jun, 2024 10:53pm

Markets

Gold price per tola sheds Rs400 in Pakistan

After increasing in the previous session, gold prices declined in Pakistan on Wednesday in line with a decrease in...

Published 05 Jun, 2024 03:17pm

Pakistan

PM in China pledges to protect Chinese nationals in Pakistan

Prime Minister Shehbaz Sharif on Wednesday expressed the resolve to spare no efforts in protecting the lives of...

Updated 05 Jun, 2024 11:07pm

Pakistan

Pakistan eyes access to Chinese capital markets: Aurangzeb

Finance Minister sees policy rate cut this year

Updated 05 Jun, 2024 10:56pm

BR’s refresher: your morning briefing for the day

Important updates from June 4, 2024

Published 05 Jun, 2024 08:49am

Markets

IATA again urges Pakistan to release blocked airline funds

The International Air Transport Association (IATA), a trade body of global airlines, on Tuesday again urged Pakistan...

Updated 04 Jun, 2024 06:56pm

Pakistan

CPEC, investments, loans: PM arrives in China

Prime Minister Shehbaz Sharif on Tuesday arrived in Shenzhen, China for a five-day official visit during which he...

Updated 04 Jun, 2024 10:21pm

Markets

Gold price per tola increases Rs700 in Pakistan

After remaining unchanged in the previous session, gold prices rose in Pakistan on Tuesday in line with an increase...

Published 04 Jun, 2024 01:53pm

Markets

Selling pressure at PSX, KSE-100 down over 900 points

KSE-100 falls below 75,000 level as index-heavy stocks take battering

Updated 04 Jun, 2024 10:20pm

Pakistan

SIC in assemblies: CJP says PTI’s intra-party elections could have solved problems

Justice Muneeb remarks the Election Commission’s decision to remove the bat symbol had set forth a ‘cascading’ series of errors

Updated 04 Jun, 2024 10:19pm

BR’s refresher: your morning briefing for the day

Important updates from June 3, 2024

Published 04 Jun, 2024 08:44am

Pakistan

11 killed in Quetta coal mine gas leak accident

Nine miners were among the deceased

Published 03 Jun, 2024 09:18pm

Pakistan

Pakistan’s trade deficit narrows 15.25% YoY to $21.73bn in 11MFY24

Exports increase by 10.65% to $28.07bn, while imports decline 2.37% to $49.8bn

Updated 03 Jun, 2024 10:52pm

Business & Finance

PIA sell-off: 6 companies/consortiums pre-qualified for privatisation process

Air Blue, Arif Habib Corporation, Blue World City, Fly Jinnah, Pak Ethanol Consortium, and YB Holdings Consortium included in the list

Updated 03 Jun, 2024 10:58pm

Sports

T20 World Cup winner to get record prize money of $2.45mn

Runners-up to earn at least $1.28mn

Updated 03 Jun, 2024 08:48pm

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 22	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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