News stories for BR Web Desk - Business Recorder

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Markets

Record run continues as KSE-100 surges past 109,000 after 815-point gain

Benchmark has been on upward trajectory for past many weeks as sentiment improves on Pakistan's economic stability

Updated 06 Dec, 2024 10:09pm

BR’s refresher: your morning briefing for the day

Important updates from December 5, 2024

Published 06 Dec, 2024 08:43am

Pakistan

Security forces kill 8 terrorists in two KP IBOs: ISPR

Security forces killed eight terrorists and apprehended two others in two separate intelligence-based operations...

Updated 05 Dec, 2024 11:02pm

Markets

SBP-held foreign exchange reserves cross $12bn for first time in over 2.5 years

Central bank's reserves increase $620 million in a week, aided by inflow from Asian Development Bank

Updated 05 Dec, 2024 11:01pm

Markets

In meeting with IMF’s new representative, Aurangzeb reaffirms commitment to loan programme

Finance minister Muhammad Aurangzeb reiterated on Thursday Pakistan’s commitment to ensuring “smooth and successful”...

Updated 05 Dec, 2024 10:15pm

Markets

Saudi Fund for Development extends term of $3bn deposit for another year: SBP

$3 billion deposit agreement was initially signed with SFD in 2021 and subsequently rolled over in 2022 and 2023

Updated 05 Dec, 2024 10:15pm

Pakistan

Military’s top brass vows to serve nation ‘without bias or political affiliation’

Pakistan’s top military commanders on Thursday asserted that the Army remains committed to serving the nation and...

Published 05 Dec, 2024 06:25pm

Pakistan

Imran Khan, party leaders indicted in GHQ attack case

Former prime minister and Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan and other party leaders were...

Updated 05 Dec, 2024 10:26pm

Markets

Gold price per tola increases Rs500 in Pakistan

After remaining unchanged in the previous session, gold prices in Pakistan registered a gain on Thursday in line...

Updated 05 Dec, 2024 05:22pm

Business & Finance

Complete turnaround: SSGC reports Rs4.5bn profit in July-Sept quarter

After much delay, the Sui Southern Gas Company (SSGC) made public its accounts for the quarter ended September 30,...

Updated 05 Dec, 2024 08:05pm

Business & Finance

$500mn earned through export of surplus sugar, says PM Shehbaz

Premier calls for measures to improve taxation system

Updated 05 Dec, 2024 11:02pm

Markets

Fire incident at PIBT disrupts operations

A fire incident at the Pakistan International Bulk Terminal Limited (PIBT) has disrupted operations, which may lead...

Updated 05 Dec, 2024 05:17pm

Pakistan

5.1 magnitude earthquake jolts Lahore, other parts of Punjab

A 5.1 magnitude earthquake jolted Lahore and other parts of Punjab on Thursday, the National Seismic Monitoring...

Updated 05 Dec, 2024 04:30pm

Markets

No stopping KSE-100 as index settles above 108,000 with over 3,000-point gain

Buying supported by positive economic indicators, lower inflation reading, expectations of cut in key policy rate
This is KSE-100's third-highest day-on-day increase in terms of points

Updated 05 Dec, 2024 11:58pm

Business & Finance

Hub Power Holdings partners with Mega Conglomerate to strengthen BYD alliance

In its bid to strengthen business collaboration with Chinese electric vehicle giant BYD Auto Industry Company...

Updated 05 Dec, 2024 05:13pm

BR’s refresher: your morning briefing for the day

Important updates from December 4, 2024

Published 05 Dec, 2024 08:30am

Markets

National Tax Council meets to discuss tax reforms, harmonisation

Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says

Updated 04 Dec, 2024 10:35pm

Pakistan

Five terrorists killed in Lakki Marwat IBO: ISPR

Security forces killed five terrorists and injured two in an intelligence-based operation (IBO) in Khyber...

Updated 04 Dec, 2024 10:25pm

Sports

Pakistan makes four changes to playing XI for third Zimbabwe T20I

Pakistan have announced their playing XI for the third T20I against Zimbabwe, making four changes to their winning...

Published 04 Dec, 2024 05:22pm

Markets

Deals with IPPs: Nishat Chunian Power approves revised agreements with govt

Nishat Chunian Power Limited (NCPL), an Independent Power Producer (IPP), has approved the implementation of amended...

Updated 04 Dec, 2024 09:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Jauharabad Sug / Jan 31 Jauharabad Sugar Mills Limited(JSML)	26.42 ▲ 2.4 (9.99%)
Shadman Cotton / Jan 31 Shadman Cotton Mills Limited(SHCM)	35.24 ▲ 3.15 (9.82%)
Shaheen Ins. / Jan 31 Shaheen Insurance Company Limited(SHNI)	6.97 ▲ 0.62 (9.76%)
Supernet Ltd. / Jan 31 Supernet Limited (GEM)(GEMSPNL)	23.89 ▲ 2.11 (9.69%)
Fazal Cloth / Jan 31 Fazal Cloth Mills Limited(FZCM)	175 ▲ 14.64 (9.13%)

Stock	Price
Pakistan Services / Jan 31 Pakistan Services Limited(PSEL)	859.02 ▼ -94.59 (-9.92%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	23.57 ▼ -2.58 (-9.87%)
First Elite Cap.Mod / Jan 31 First Elite Capital Modaraba(FECM)	5.80 ▼ -0.6 (-9.38%)
Universal Ins. / Jan 31 The Universal Insurance Company Limited(UVIC)	9.20 ▼ -0.6 (-6.12%)
Punjab Mod / Jan 31 First Punjab Modaraba(FPJM)	2.61 ▼ -0.1 (-3.69%)
AL-Abbas Sugar / Jan 31 Al-Abbas Sugar Mills Limited(AABS)	655 ▼ -24.22 (-3.57%)
United Brands / Jan 31 United Brands Limited(UBDL)	22.25 ▼ -0.65 (-2.84%)
United Insurance / Jan 31 The United Insurance Company(UNIC)	16.60 ▼ -0.39 (-2.3%)
Abbott Lab. / Jan 31 Abbott Laboratories (Pakistan) Limited(ABOT)	1,250.11 ▼ -25.61 (-2.01%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.26
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.15
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.08
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	23,362,368 ▼ -0.03
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▲ 0
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▲ 0.01
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 3.95
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▼ -0.03
Dewan Motors / Jan 31 Dewan Farooque Motors Limited(DFML)	11,750,038 ▲ 0.4

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