News stories for BR Web Desk - Business Recorder

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Markets

Gold price per tola decreases Rs1,400 in Pakistan

Gold prices in Pakistan declined for the second consecutive session on Wednesday in line with the decrease in the...

Updated 04 Sep, 2024 05:32pm

Business & Finance

BF Biosciences enters into agreement with Lucky Core Industries

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has entered into a contract manufacturing and supply...

Updated 04 Sep, 2024 09:11pm

Markets

Iran-Pak pipeline: US warns of potential ramifications but wants to help Pakistan address energy shortage

State Department spokesperson says the US continues to stand shoulder to shoulder with Pakistan in its fight against terrorism

Updated 04 Sep, 2024 09:00pm

BR’s refresher: your morning briefing for the day

Important updates from September 3, 2024

Published 04 Sep, 2024 08:47am

Pakistan

‘No exceptions’: Army reaffirms commitment to ensure internal accountability

Says strict adherence to professionalism fortifies the institution’s integrity, ensuring that no individual is above the law or exempt from scrutiny

Published 03 Sep, 2024 08:24pm

Markets

KSE-100 posts slim gain in volatile session

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index ended with a fractional gain on Tuesday, following a...

Updated 03 Sep, 2024 10:16pm

Markets

Pakistan in ‘advanced stage’ to get external financing assurances, says Aurangzeb

Finance minister hopeful of getting IMF Executive Board approval on time

Updated 03 Sep, 2024 09:45pm

Pakistan

‘Balochistan continuously neglected by Parliament’: Akhtar Mengal resigns from NA

Balochistan National Party-Mengal (BNP-M) Chairman Akhtar Mengal announced on Tuesday that he has resigned as a...

Updated 03 Sep, 2024 11:05pm

Business & Finance

Pakistan’s trade deficit shrinks marginally to $3.6bn in 2MFY25

Pakistan’s trade deficit shrank marginally to $3.6 billion during the first two months of fiscal year 2024-25...

Updated 03 Sep, 2024 10:28pm

Markets

Gold price per tola decreases Rs1,000 in Pakistan

After remaining stable in the previous session, gold prices in Pakistan declined on Tuesday, in line with decrease...

Published 03 Sep, 2024 12:52pm

Markets

Govt working on implementing IMF conditions, says PM

Pakistan has not yet been added to the IMF Executive Board calendar for September

Updated 03 Sep, 2024 08:28pm

Markets

Sale of petroleum products plunges 14% in August amid smuggling from Iran

Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%...

Updated 03 Sep, 2024 09:43pm

Business & Finance

Imran Maniar resigns as Sui Southern Gas Company CEO, MD

Imran Maniar has resigned from his position as Chief Executive Officer (CEO) and Managing Director (MD) of Sui...

Updated 03 Sep, 2024 10:24pm

BR’s refresher: your morning briefing for the day

Important updates from September 2, 2024

Published 03 Sep, 2024 08:35am

Pakistan

PM Shehbaz terms Pak-China friendship vital for regional stability

Prime Minister Shehbaz Sharif has emphasized that Pak-China friendship is inevitable not only for both countries but...

Published 02 Sep, 2024 11:31pm

Business & Finance

No plans to shut down Utility Stores Corporation: Rana Tanveer

Minister for Industries and Production says various options being considered for restructuring of USC

Published 02 Sep, 2024 09:46pm

Markets

Categorisation of SOEs: SMEDA declared as essential, PNSC as strategic

TCP may be categorised as essential SOE under SOEs Policy 2023, Cabinet Committee on State-Owned Enterprises decides

Updated 02 Sep, 2024 10:36pm

Markets

Air Link posts massive 382% increase in profit in FY24

Pakistan’s smartphone manufacturer Air Link Communication Limited saw its profit-after-tax (PAT) grow by 382% to...

Published 02 Sep, 2024 06:34pm

Pakistan

Sindh, Punjab to receive heavy rainfall in next 48 hours: Met Office

The Pakistan Meteorological Department (PMD) Monday predicted heavy to moderate rainfall, windstorms and...

Updated 02 Sep, 2024 06:47pm

Markets

KSE-100 closes 205 points lower in mixed session

The Pakistan Stock Exchange (PSX) endured a mixed session on Monday as the benchmark KSE-100 Index closed 205 points...

Updated 02 Sep, 2024 11:34pm

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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