News stories for BR Web Desk - Business Recorder

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Pakistan

Government to establish 10 IT parks by next year: IT Ministry

The project of Islamabad IT Park will be completed with the cooperation of South Korea

Published 22 May, 2024 05:54pm

Pakistan

PTI calls for judicial commission to probe attack on Raoof Hasan

The Pakistan Tehreek-e-Insaf (PTI) on Wednesday demanded that a judicial commission investigate what it called a...

Updated 22 May, 2024 09:26pm

Pakistan

PM Shehbaz arrives in Iran to offer condolences following President Raisi’s death

The premier will meet with Dr. Mohammad Mokhber, Iran's acting president, and Ayatollah Khamenei, the country's supreme leader, to offer condolences

Updated 22 May, 2024 09:25pm

Markets

Energy-starved Pakistan is seeking sanction-free Iranian gas, says Musadik Malik

Petroleum minister stresses that Pakistan is a 'poor country' and cannot afford sanctions

Updated 22 May, 2024 09:24pm

Markets

PABC says ongoing security issues at Chaman denting revenue

Pakistan Aluminum Beverage Cans Limited (PABC) said “ongoing security issues” at Chaman, which has already strangled...

Updated 22 May, 2024 05:55pm

Pakistan

ISPR says security forces killed 29 terrorists in April

Pakistan has witnessed a surge in terrorist incidents orchestrated from Afghan soil, adds military’s media wing

Updated 22 May, 2024 02:16pm

Markets

Gold price per tola decreases Rs300 in Pakistan

Gold fell for second straight session in Pakistan on Wednesday, witnessing a decrease of Rs300 per tola in line with...

Published 22 May, 2024 01:39pm

Pakistan

FM Dar forms fact-finding committee to probe Bishkek mob attacks

The committee will coordinate with Kyrgyz authorities and review all the findings and developments at Bishkek and submit its report within two weeks, says deputy PM

Updated 22 May, 2024 03:28pm

Markets

Chinese companies keen in expansion project, says PRL

In notice to PSX, refinery says senior management from PRL visited China and had 'productive' discussions

Updated 22 May, 2024 05:54pm

Markets

Rupee declines further against US dollar

Currency settles at 278.47 against greenback in inter-bank market

Updated 22 May, 2024 09:30pm

BR’s refresher: your morning briefing for the day

Important updates from May 21, 2024

Published 22 May, 2024 08:49am

Pakistan

PTI’s Parvez Elahi released from jail

Former Chief Minister Punjab and Pakistan Tehreek-e-Insaf (PTI) President Parvez Elahi was released from Kot Lakhpat...

Published 21 May, 2024 10:41pm

Business & Finance

Aramco, GO Petroleum get CCP’s nod for product supply agreement

The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product...

Published 21 May, 2024 06:03pm

Markets

Banks lead rally at PSX as KSE-100 gains 123 points

The Pakistan Stock Exchange (PSX) witnessed a positive session on Tuesday, as its benchmark KSE-100 Index closed 123...

Published 21 May, 2024 05:35pm

Pakistan

Bill opposing dual nationality for judges tabled in NA Secretariat

Lawmaker Noor Alam Khan moves the bill seeking amendments to Constitutional Article 177

Updated 21 May, 2024 08:58pm

Pakistan

Brokerage houses see Pakistan’s headline inflation falling below 14% in May

Two brokerage house said they see CPI-based inflation reading to post a steep decline, and hover around 13-14% in...

Updated 21 May, 2024 08:57pm

Business & Finance

RDA inflow declines 6%, clocks in at $171mn in April

Inflows through the Roshan Digital Account (RDA) clocked in at $171 million in April, a fall of over 6% compared to...

Updated 21 May, 2024 09:47pm

Markets

Gold price per tola falls Rs1,900 in Pakistan

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

Updated 21 May, 2024 05:41pm

Pakistan

Agri, industries perform: Pakistan posts 2.09% growth in Q3FY24, says NAC

Revises Q1 and Q2 estimates upwards to 2.71% and 1.79%, respectively
Targets GDP growth of 2.4% in FY24

Updated 21 May, 2024 10:07pm

Pakistan

Sindh announces summer vacations from June 1

Vacations in all public and private institutions will end on July 31

Updated 21 May, 2024 01:31pm

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 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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