News stories for BR Web Desk - Business Recorder

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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

Markets

Inflation in Pakistan drops to single digit after three years, clocks in at 9.6% in August

Reading in line with official expectations that put figure in range of 9.5-10.5%

Updated 02 Sep, 2024 08:40pm

Markets

Gold unchanged at Rs262,500 per tola in Pakistan

Gold prices in Pakistan remained stable on Monday, in line with the international rates. In the local market, the...

Published 02 Sep, 2024 02:17pm

Markets

Nishat Mills Limited to establish company in UK

The Board of Directors of Nishat Mills Limited (NML), the flagship company of Nishat Group, has given its nod to...

Updated 02 Sep, 2024 11:35pm

Business & Finance

Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24

Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),...

Updated 02 Sep, 2024 10:37pm

Markets

National Refinery suffers massive Rs15.8bn loss in FY24

Despite higher revenue and lower finance cost, National Refinery Limited (NRL) registered a massive loss of Rs15.79...

Updated 02 Sep, 2024 04:32pm

Business & Finance

Nimir completes acquisition of P&G’s soap manufacturing facility, assumes operational control

Chemical company says acquisition will enable it to strengthen presence in the southern region, increase production capacity, and expand export operations through seaports

Published 02 Sep, 2024 11:30am

Markets

Indus Motor to invest another Rs1.1bn ‘for additional localization’

Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1.1 billion...

Updated 02 Sep, 2024 04:33pm

BR’s refresher: your morning briefing for the day

Important updates from August 31, and September 1, 2024

Published 02 Sep, 2024 09:06am

Markets

PM Shehbaz expresses satisfaction over ease in inflation

Pakistan’s headline inflation projected to decline and range between 9.5-10.5% in August

Updated 02 Sep, 2024 12:01am

Pakistan

President, PM pay tribute to Syed Ali Geelani on his 3rd death anniversary

President Asif Ali Zardari and Prime Minister Shehbaz Sharif Sunday paid tribute to the heroic struggle of the...

Updated 01 Sep, 2024 08:21pm

Business & Finance

Govt reduces petrol price by Rs1.86, HSD’s by Rs3.32 per litre

New prices come into effect from September 01, 2024

Published 31 Aug, 2024 10:30pm

Pakistan

Nawaz Sharif calls for reduction in govt spending to increase relief efforts

PML-N chief presides over a party meeting to assess the relief efforts undertaken by the federal and Punjab governments

Updated 31 Aug, 2024 10:13pm

Markets

Gold price per tola increases Rs1,000 in Pakistan

After declining in the previous session, gold prices in Pakistan increased on Saturday, despite a decrease in the...

Updated 31 Aug, 2024 04:21pm

Pakistan

Cyclone Asna moves away from Karachi, PMD predicts heavy rains

Says cyclone over northeast Arabian Sea off the Sindh coast likely to track further west-southwestwards

Updated 31 Aug, 2024 10:15pm

BR’s refresher: your morning briefing for the day

Important updates from August 30, 2024

Published 31 Aug, 2024 08:51am

Pakistan

Security forces kill 12 terrorists in Tirah Valley IBOs, says ISPR

The security forces killed 12 terrorists in multiple intelligence-based operations (IBOs) in Tirah Valley of Khyber...

Published 30 Aug, 2024 10:02pm

Pakistan

Finance ministry expects inflation to fall further to 9.5-10.5% in August

Headline inflation figure hit 11.1% in July and brokerage houses now see the number falling to single digits

Updated 30 Aug, 2024 10:09pm

Pakistan

Balochistan attacks conspiracy to sabotage SCO conference in Pakistan: Mohsin Naqvi

Federal Interior Minister Mohsin Naqvi on Friday said recent attacks in Balochistan were fully planned by multiple...

Updated 30 Aug, 2024 09:37pm

Business & Finance

Third successive decline: weekly SPI down 0.62%

The Sensitive Price Indicator (SPI) for the current week ended on August 29, 2024 decreased by 0.62%, according to...

Published 30 Aug, 2024 04:12pm

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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