News stories for BR Web Desk - Business Recorder

BR Web Desk

Technology

$25bn IT export target: PM presented comprehensive plan

Prime Minister Shehbaz Sharif was presented with a comprehensive plan to boost Pakistan’s IT exports to $25 billion...

Updated 22 Nov, 2024 10:50pm

Markets

Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000

Index had earlier hit a high of 99,623.03 during trading

Updated 22 Nov, 2024 09:17pm

BR’s refresher: your morning briefing for the day

Important updates from November 21, 2024

Published 22 Nov, 2024 08:34am

Pakistan

PTI faces setback as IHC rules no protest allowed over weekend

The Islamabad High Court on Thursday ruled that no protests or rallies violating a recent law on public gatherings...

Published 21 Nov, 2024 10:21pm

Business & Finance

Dubai-based family offices manage over $1 trillion in assets: report

Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, a Bloomberg report...

Published 21 Nov, 2024 09:15pm

Markets

SBP-held foreign exchange reserves increase $29mn, now stand at $11.29bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $29 million on a weekly basis,...

Updated 21 Nov, 2024 11:09pm

Technology

Pakistan’s IT minister Shaza Fatima defends internet restrictions, says security comes first

Amid rising concerns over the ongoing slowdown of internet services in Pakistan, Minister of State for IT and...

Updated 21 Nov, 2024 10:12pm

Sports

Sumair Ahmad appointed ICC Champions Trophy tournament director

Pakistan Cricket Board (PCB) has appointed its Chief Operating Officer (COO) Sumair Ahmad Syed as the Tournament...

Published 21 Nov, 2024 04:24pm

Pakistan

ATC approves Imran Khan’s five-day physical remand in vandalism case

An anti-terrorism court (ATC) in Rawalpindi on Thursday granted a five-day physical remand of former prime minister...

Updated 21 Nov, 2024 08:43pm

Pakistan

At least 38 people killed in gun attack on passenger vans in KP’s Kurram District

At least 38 people were killed on Thursday after assailants opened fire on passenger vehicles in Uchat area of...

Updated 21 Nov, 2024 10:11pm

Markets

Gold price per tola increases Rs3,700 in Pakistan

Gold prices in Pakistan rose on Thursday in line with their increase in the international rates. In the local...

Published 21 Nov, 2024 03:35pm

Business & Finance

Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational

Thatta Cement Company Limited (THCCL) categorically rejected claims made by a competitor alleging an abrupt shutdown...

Updated 21 Nov, 2024 05:22pm

Markets

KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points

Fertiliser sector leads buying rally, adding over 1,100 points alone

Updated 21 Nov, 2024 11:09pm

BR’s refresher: your morning briefing for the day

Important updates from November 20, 2024

Published 21 Nov, 2024 08:33am

Pakistan

Joint military exercise between Pakistan, China begins in Pabbi

The opening ceremony of the Pak-China Joint Exercise Warrior-VIII between the Pakistan Army and the Peoples’...

Published 20 Nov, 2024 09:24pm

Pakistan

Transfer of Chinese industries to Pakistan: Ahsan directs officials to identify sites for Model SEZs

Planning minister Ahsan Iqbal on Wednesday directed the officials concerned to identify suitable sites for the...

Updated 20 Nov, 2024 09:22pm

Pakistan

Interior Ministry approves deployment of Rangers, FC in Islamabad ahead of PTI protest

The Interior Ministry has approved the deployment of Rangers and Frontier Constabulary (FC) in Islamabad to maintain...

Updated 20 Nov, 2024 10:58pm

Markets

Gold price per tola increases Rs800 in Pakistan

Gold prices in Pakistan advanced on Wednesday in line with their increase in the international rates. In the local...

Published 20 Nov, 2024 06:35pm

Pakistan

Imran Khan gets bail in new Toshakana case

IHC justice orders former prime minister's release

Updated 20 Nov, 2024 10:58pm

Pakistan

Suicide blast martyrs 12 security personnel in Bannu District, says ISPR

Security forces kill six terrorists

Updated 20 Nov, 2024 10:53pm

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
Shaheen Ins. / Jan 31 Shaheen Insurance Company Limited(SHNI)	7.19 ▲ 0.84 (13.23%)
Askari Life Assur. / Jan 31 Askari Life Assurance Company Limited(ALAC)	5.74 ▲ 0.59 (11.46%)
Dewan Farooque Sp. / Jan 31 Dewan Farooque Spinning Mills Limited(DFSM)	4.49 ▲ 0.45 (11.14%)
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.83 ▼ -4.52 (-9.97%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	33 ▼ -3.56 (-9.74%)
Khairpur Sug. / Jan 31 Khairpur Sugar Mills Limited(KPUS)	117 ▼ -12 (-9.3%)
786 Invest Ltd / Jan 31 786 Investments Limited(786)	9.31 ▼ -0.89 (-8.73%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	15.61 ▼ -1.43 (-8.39%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)
Sally Textile / Jan 31 Sally Textile Mills Limited(SLYT)	11.50 ▼ -0.98 (-7.85%)
Crescent Steel / Jan 31 Crescent Steel & Allied Products Limited(CSAP)	107.98 ▼ -8.8 (-7.54%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.91
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	46,118,680 ▲ 0.18
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.57
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.11
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▼ -0.01
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.02
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.55
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▲ 0.13
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,914,880 ▲ 6.44

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular