News stories for BR Web Desk - Business Recorder

BR Web Desk

BR’s refresher: your morning briefing for the day

Important updates from May 29, 2024

Published 30 May, 2024 08:34am

Pakistan

SC calls UK High Commissioner's criticism of bat decision 'unjustified'

The court maintains that decision was made as per law

Published 29 May, 2024 08:59pm

Pakistan

Pakistan, Saint Lucia formalise diplomatic relations

Pakistan's Permanent Representative to the United Nations Ambassador Munir Akram and his Saint Lucian counterpart Ambassador Menissa Rambally signed the joint communiqué

Updated 29 May, 2024 08:03pm

Markets

Gold price per tola increases Rs2,400 in Pakistan

After declining in the previous session, Gold prices jumped massively in Pakistan on Wednesday in line with an...

Updated 29 May, 2024 10:31pm

Markets

Ministry of Finance expects inflation to fall further to 13.5-14.5% in May

Govt's commitment to curbing inflation through stringent administrative measures paints a promising picture for the inflation outlook

Updated 29 May, 2024 10:26pm

Markets

Negativity at PSX, KSE-100 falls below 75,000

Bearish sentiment prevailed at the Pakistan Stock Exchange (PSX) on Wednesday, as the benchmark KSE-100 index fell...

Updated 29 May, 2024 05:13pm

Business & Finance

DFML says it has commenced production of KIA Shehzore, rollout on June 4

Share price still falls after PSX notice

Updated 29 May, 2024 08:50pm

Pakistan

At least 28 dead as Quetta-bound bus falls into ditch

At least 28 people died and more than 20 were injured on Wednesday after a bus overturned and fell into a ditch in...

Updated 29 May, 2024 07:30pm

BR’s refresher: your morning briefing for the day

Important updates from May 28, 2024

Published 29 May, 2024 08:27am

Pakistan

Home-grown economic uplift: PM includes eight more experts into committee

Prime Minister Shehbaz Sharif has included another eight economic experts, including professors from the...

Updated 28 May, 2024 10:33pm

Pakistan

With Beijing’s assistance, Gwadar port to transform into logistics hub, says Shehbaz

PM invites Chinese businesses especially the textile sector to set up industries in Pakistan

Updated 28 May, 2024 08:15pm

Markets

Gold sheds Rs500 per tola in Pakistan

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

Updated 28 May, 2024 10:22pm

Pakistan

Nawaz Sharif elected PML-N president after six-year hiatus

Former prime minister Nawaz Sharif was elected on Tuesday as president of Pakistan Muslim League-Nawaz (PML-N), Aaj...

Updated 28 May, 2024 10:27pm

Pakistan

Youm-e-Takbeer collective effort of all facets of national power: PM Shehbaz

Armed Forces pay tribute to 'unwavering dedication and selfless sacrifices of all those who contributed to remarkable feat'

Updated 28 May, 2024 10:43pm

BR’s refresher: your morning briefing for the day

Important updates from May 27, 2024

Published 28 May, 2024 08:32am

Business & Finance

‘Liquidity crisis’: EPTL urges CPPA-G to clear overdue receivables

The Engro Powergen Thar Private Ltd. (EPTL) has asked the Central Power Purchasing Agency Guarantee Limited (CPPA-G)...

Published 28 May, 2024 02:10am

Pakistan

Pakistan condemns Israeli attack on refugee camp in Rafah

Pakistan on Monday condemned "in the strongest words" Israeli bombardment and targeting of an UNRWA refugee camp in...

Published 27 May, 2024 11:52pm

Business & Finance

CCP approves merger of Intermarket Securities with EFG Hermes

The Competition Commission of Pakistan (CCP) has approved a scheme of arrangement for the merger of Intermarket...

Published 27 May, 2024 10:35pm

Business & Finance

Bank holiday: SBP to remain closed on Tuesday, May 28

The State Bank of Pakistan (SBP) on Monday said it will remain closed on Tuesday, May 28, following a government...

Published 27 May, 2024 08:57pm

Markets

Public holiday: PSX to remain closed on Tuesday, May 28

The Pakistan Stock Exchange Limited (PSX) will remain closed on Tuesday, May 28, 2024 on account of the public...

Updated 27 May, 2024 09:06pm

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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