News stories for BR Web Desk - Business Recorder

BR Web Desk

BR’s refresher: your morning briefing for the day

Important updates from September 5, 2024

Published 06 Sep, 2024 08:50am

Markets

Competition for new currency notes: SBP unveils winners, selected designs

The State Bank of Pakistan (SBP) on Thursday announced the winners of its competition for the designs of the new...

Updated 06 Sep, 2024 12:08am

Technology

Google to produce 0.5 million Chromebooks in Pakistan by 2026

Global tech giant Google on Thursday launched an initiative to produce half a million Chromebooks in Pakistan,...

Updated 05 Sep, 2024 11:45pm

Markets

SBP-held foreign exchange reserves increase $33mn, now stand at $9.44bn

Total liquid foreign reserves held by the country stand at $14.74 billion

Updated 05 Sep, 2024 10:30pm

Pakistan

SHC annuls KU decision to cancel Justice Jahangiri’s law degree

The Sindh High Court (SHC) on Thursday annulled Karachi University’s (KU) decision to cancel the law degree of...

Published 05 Sep, 2024 08:00pm

Markets

Russia created secret trade channel with India: FT report

Russia created a covert trade channel with India to secure critical electronics important for its war efforts in...

Published 05 Sep, 2024 07:59pm

Pakistan

‘Goodbye, parliament’: Mengal refuses to withdraw resignation

Says political parties should apologise to the people of Baluchistan for their mistakes

Published 05 Sep, 2024 07:28pm

Markets

KSE-100 closes flat after range-bound trading

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed flat on Thursday after witnessing range-bound...

Updated 05 Sep, 2024 10:21pm

Sports

PCB announces officials for Champions One Day Cup

The Pakistan Cricket Board (PCB) on Thursday announced the officials for the Champions One-Day Cup starting on...

Updated 05 Sep, 2024 05:32pm

Business & Finance

Siddiqsons Tin Plate starts process to shut plant amid sales decline, labour strikes

Siddiqsons Tin Plate Limited (STPL) said on Thursday that it has initiated the formal process to shut down its plant...

Updated 05 Sep, 2024 10:33pm

Pakistan

Army neither against nor in support of any political party: DG ISPR

Inter-Services Public Relations Director General (DG ISPR) Lieutenant General Ahmed Sharif Chaudhry said on Thursday...

Updated 05 Sep, 2024 06:29pm

Markets

Gold price per tola jumps Rs2,000, hits Rs262,100 in Pakistan

After back-to-back falls, gold prices in Pakistan rose on Thursday in line with an increase in the international...

Updated 05 Sep, 2024 05:06pm

Markets

Ongoing global oil price decline to benefit Pakistan: brokerage house

The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,...

Updated 05 Sep, 2024 10:32pm

BR’s refresher: your morning briefing for the day

Important updates from September 4, 2024

Published 05 Sep, 2024 08:50am

Pakistan

Rabiul Awwal moon not sighted, Eid-e-Miladun Nabi to fall on Sept 17

The Central Ruet-i-Hilal Committee announced on Wednesday that the Rabiul Awwal moon was not sighted in Pakistan....

Published 04 Sep, 2024 09:57pm

Pakistan

Security situation can normalise if parliament engages with KP, Balochistan people: Fazl

JUI-F chief says govt writ in two provinces eroded due to unrest

Updated 04 Sep, 2024 11:41pm

Markets

KSE-100 gains as Aurangzeb’s IMF-related remarks generate positivity

The Pakistan Stock Exchange (PSX) witnessed a bullish sentiment on Wednesday as its benchmark KSE-100 rallied 492...

Updated 04 Sep, 2024 09:23pm

Technology

Chakwal Spinning (CLOUD) refutes inside trading reports even as share price shoots

Chakwal Spinning Mills Limited (CLOUD) has claimed that reports around the company’s management being involved in...

Updated 04 Sep, 2024 10:17pm

Sports

Struggling Pakistan fall to 8th place in Test team rankings, Babar out of top 10 batters

Pakistan slipped two places to languish at eighth in the ICC Test team rankings after a humiliating home series loss...

Updated 04 Sep, 2024 09:41pm

Pakistan

PM Shehbaz awards Rs2.5mn to driver for rescuing family stranded in Balochistan flood

Prime Minister Shehbaz Sharif awarded on Wednesday Rs2.5 million to Mohibullah who had rescued a family stranded...

Updated 04 Sep, 2024 09:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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