News stories for BR Web Desk - Business Recorder

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Markets

NayaPay named to 2024 CB Insights’ list of 100 most innovative fintech startups

NayaPay, a fintech platform and the first Electronic Money Institution in Pakistan, has been named to the 2024 CB...

Published 24 Oct, 2024 11:49pm

Markets

PM Shehbaz urges FBR to use technology to improve revenue collection

Premier seeks roadmap for reconstruction of Pakistan Revenue Automation Limited

Updated 24 Oct, 2024 11:47pm

Pakistan

Sri Lanka Air Force chief discusses defence collaboration with Gen Sahir Shamshad

Commander Sri Lanka Air Force Air Marshal RA Udeni P. Rajapaksa, who is on an official visit to Pakistan, called on...

Published 24 Oct, 2024 07:47pm

Pakistan

FO rejects OHCHR’s statement about 26th constitutional amendment

The Foreign Office rejected on Thursday the statement made by the High Commissioner for Human Rights (OHCHR)...

Updated 24 Oct, 2024 11:48pm

Markets

SBP-held foreign exchange reserves increase $18mn, now stand at $11.04bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $18 million on a weekly basis,...

Updated 24 Oct, 2024 11:17pm

Markets

Despite higher sales, textile giant Interloop’s profit down 94% in 1QFY25

Despite higher sales, Interloop Limited (ILP), one of Pakistan’s largest textile exporters, saw its profit reduce...

Updated 24 Oct, 2024 10:15pm

Pakistan

Imran Khan’s wife Bushra Bibi released from Adiala Jail on bail

Bushra Bibi, wife of incarcerated ex-prime minister Imran Khan was released on Thursday from Adiala Jail, ending...

Updated 24 Oct, 2024 10:33pm

Markets

Gold price per tola decreases Rs2,300 in Pakistan

After increasing in the previous seven sessions, gold prices in Pakistan declined on Thursday in line with their...

Updated 24 Oct, 2024 04:33pm

Markets

OGDCL begins oil & gas production from Sindh

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

Updated 24 Oct, 2024 08:18pm

Markets

PSX inks new record, KSE-100 settles near 89,000 mark

The Pakistan Stock Exchange (PSX) continued its record-breaking run, with the benchmark KSE-100 closing at a new...

Updated 24 Oct, 2024 10:14pm

Pakistan

Security forces kill 9 terrorists in Bajaur: ISPR

Pakistan’s security forces killed 9 terrorists on the night of October 24 in an intelligence-based operation...

Updated 24 Oct, 2024 08:13pm

Pakistan

Aurangzeb explores climate financing, trade deals with global institutions

Finance Minister Muhammad Aurangzeb engaged with global financial institutions, including Standard Chartered Bank...

Updated 24 Oct, 2024 11:19pm

BR’s refresher: your morning briefing for the day

Important updates from October 23, 2024

Published 24 Oct, 2024 08:35am

Pakistan

PM Shehbaz assures Palestinian students of full support in Pakistan

Prime Minister Shehbaz Sharif expressed his commitment to providing all possible facilities for Palestinian students...

Published 23 Oct, 2024 10:35pm

Markets

Majority expect up to 200bps reduction in key policy rate in upcoming MPC meeting, AHL survey finds

The State Bank of Pakistan (SBP) might opt to further reduce the key policy rate by up to 200 basis points (bps) in...

Updated 23 Oct, 2024 10:00pm

World

Pakistan ‘strongly’ condemns terror attack in Turkish capital Ankara

Four people killed, 14 others wounded in attack at Turkish Aerospace Industries’ headquarters

Updated 23 Oct, 2024 11:22pm

Sports

Emerging Asia Cup T20: Dahani takes five as Pakistan Shaheens beat UAE by 114 runs

An unbeaten half-century from skipper Mohammad Haris and a maiden T20 five-wicket haul for Shahnawaz Dahani led...

Published 23 Oct, 2024 06:49pm

Sports

Pakistan unchanged for third Test against England

England recall Rehan Ahmed to boast their spin attack

Published 23 Oct, 2024 05:05pm

Markets

KSE-100 hits record high, surges past 87,000 amid energy sector rally

Index has been on a winning run for weeks with positive economic indicators also contributing to the bullish run

Updated 23 Oct, 2024 10:44pm

Business & Finance

MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion...

Updated 23 Oct, 2024 06:12pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
Hang Seng / Dec 27	20,090.46
FTSE 100 / Dec 27	8,149.78
Dow Jones / Dec 27	42,992.21
Germany DAX 30 / Dec 27	19,984.32

Item	Value
Crude Oil USD/Barrel / Dec 27	70.60
Gold 10 Grams PKR / Dec 27	234,225
Gold Spot USD/Ounce / Dec 27	2,621.40
Cotton US¢/pound / Dec 27	68.89
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 29	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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