News stories for BR Web Desk - Business Recorder

BR Web Desk

Pakistan

State should protect public from negative impacts of social media: COAS Asim Munir

Army chief says those who predicted Pakistan’s default are now silent

Updated 21 Aug, 2024 10:32pm

Pakistan

Karsaz Road accident: accused sent to jail on judicial remand

A Karachi city court on Wednesday sent a woman to jail in judicial remand for allegedly being responsible for a...

Updated 21 Aug, 2024 09:15pm

Markets

Bullish run at PSX, KSE-100 Index gains over 500 points

Bullish sentiments dominated the Pakistan Stock Exchange (PSX) on Wednesday, driven by optimism surrounding the...

Published 21 Aug, 2024 06:40pm

Business & Finance

Crescent Steel to supply additional coated pipes for K-IV project

Crescent Steel and Allied Products Limited (CSAP) has reached an agreement with the joint venture of China Harbour...

Published 21 Aug, 2024 05:02pm

Pakistan

PTA chairman blames Pakistan’s internet slowdown to ‘faulty submarine cable’

Says cable expected to be repaired by August 28

Updated 21 Aug, 2024 10:33pm

Business & Finance

Allied Bank’s profit jumps 25% in 2QCY24

Despite marginally lower net income, Allied Bank (ABL) posted a profit-after-tax of Rs12.47 billion in quarter ended...

Published 21 Aug, 2024 02:04pm

Pakistan

Punjab CM Maryam Nawaz launches new interest-free housing scheme

Owners of 1-5 marlas of land in urban areas and 1-10 marlas in rural areas to receive interest-free loans of Rs1.5m

Updated 21 Aug, 2024 08:05pm

Markets

Gold price hits fresh record high of Rs261,000 per tola in Pakistan

Gold prices in Pakistan maintained their upward trajectory on Wednesday, reaching a fresh peak in line with the...

Updated 21 Aug, 2024 01:02pm

Business & Finance

Price deregulation: Pakistan’s pharma sector sales hit $3.3bn in FY24, 22% higher year-on-year

Pakistan’s pharmaceutical industry achieved sales of Rs916 billion (USD 3.3 billion) in FY24, a 22% year-on-year...

Updated 21 Aug, 2024 03:59pm

Pakistan

At least 35 Pakistani pilgrims killed, several injured after bus overturns in Iran’s Yazd

At least 35 Pakistani pilgrims were killed and 15 injured in a bus accident in Iranian city of Yazd. The accident...

Updated 21 Aug, 2024 10:31pm

BR’s refresher: your morning briefing for the day

Important updates from August 20, 2024

Published 21 Aug, 2024 08:45am

Pakistan

Karsaz Road accident: police books woman in murder case

Karachi police has registered a murder case against the woman accused of being responsible for a deadly accident on...

Updated 21 Aug, 2024 12:27am

Pakistan

PM Shehbaz says govt working on comprehensive plan for reforms in various sectors

Premier says power sector, agriculture, digitalisation of FBR, commerce and trade are the key focuses of the reform plan

Updated 20 Aug, 2024 10:53pm

Markets

KSE-100 closes marginally lower after volatile trading

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed marginally lower in a volatile session on...

Updated 20 Aug, 2024 10:53pm

Pakistan

Security forces kill 3 terrorists involved in DC Panjgur’s assassination: ISPR

Security forces conducted an intelligence-based operation (IBO) in the Mastung district of Balochistan and killed...

Updated 20 Aug, 2024 08:57pm

Business & Finance

Weir Group secures £53mn order for Reko Diq copper-gold project in Pakistan

Scottish multinational engineering company will supply fine grinding, separation, and tailings solutions for the project's first phase

Updated 20 Aug, 2024 10:50pm

Pakistan

PEEF established to support higher education for underprivileged children:PM Shehbaz

Says 20% quota has been allocated for the youth of Balochistan under Pakistan Education Endowment Fund

Updated 20 Aug, 2024 10:51pm

Markets

Gold prices in Pakistan hit record high of Rs260,700 per tola

After declining in the previous session, gold prices in Pakistan surged on Monday, reaching record highs in line...

Updated 20 Aug, 2024 08:54pm

Pakistan

Pakistan successfully conducts test of ballistic missile Shaheen-II

Training launch aimed at training of troops, validating various technical parameters

Updated 20 Aug, 2024 10:52pm

Markets

Air Link partners with Acer Gadget to assemble laptops, tablets in Pakistan

Air Link Communication Limited, a manufacturer and distributor of smartphones in Pakistan, has entered into a...

Updated 20 Aug, 2024 10:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
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
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
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

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
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 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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