News stories for BR Web Desk - Business Recorder

BR Web Desk

Markets

Mari Petroleum reports profit of Rs77.3bn in FY24, announces 800% bonus shares and dividend

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, posted a profit-after-tax (PAT)...

Updated 08 Aug, 2024 09:16pm

Business & Finance

Meezan Bank’s profit up nearly 55% in 2QCY24

Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.89 billion for the second...

Updated 08 Aug, 2024 09:44pm

Pakistan

Unprecedented cooperation between govt, constitutional institutions: PM Shehbaz

Calls for national solidarity, unity and harmony to meet the challenges facing Pakistan

Updated 08 Aug, 2024 03:09pm

Pakistan

Asif Merchant’s case subject of Department of Justice, US State Dept says no discussions held with Pakistan

The United States has said that the matter of Pakistani national Asif Merchant’s indictment over his alleged...

Updated 08 Aug, 2024 09:49pm

Markets

Gold unchanged at Rs255,500 per tola in Pakistan

Gold prices remained unchanged in Pakistan on Thursday as the yellow metal held steady in the international market....

Published 08 Aug, 2024 01:33pm

Markets

Rupee stable against US dollar

Currency settles at 278.69 against the US dollar in inter-bank market

Updated 08 Aug, 2024 09:04pm

BR’s refresher: your morning briefing for the day

Important updates from August 7, 2024

Published 08 Aug, 2024 08:39am

Pakistan

FM Dar calls for durable, unconditional ceasefire in Gaza

Minister says the control of the Rafah crossing should be handed back to Egypt to enhance the provision of humanitarian assistance

Published 07 Aug, 2024 11:53pm

Pakistan

PTI’s Aliya Hamza released from jail after bail in May 9 cases

Pakistan Tehreek-e-Insaf (PTI) leader Aliya Hamza was released from Gujranwala Jail on Wednesday after her release...

Updated 07 Aug, 2024 08:41pm

Business & Finance

Rashid Mahmood Langrial appointed as new FBR chairman

He is presently posted as Secretary Power Division

Updated 07 Aug, 2024 10:00pm

Sports

PCB confirms revised schedule of Bangladesh ‘A’

Pakistan Cricket Board (PCB) on Wednesday confirmed Bangladesh A men’s team’s revised schedule to the country. The...

Published 07 Aug, 2024 06:50pm

Sports

Naseem Shah returns to Pakistan’s Test squad for Bangladesh

The national selection committee on Wednesday announced a 17-member Pakistan squad for the two-match Test series...

Published 07 Aug, 2024 06:08pm

Markets

‘No capacity payments’ received since PPA expiry in October 2022, says KAPCO

Pakistan’s power producer Kot Addu Power Company Limited (KAPCO) has rejected reports it is receiving payments...

Updated 07 Aug, 2024 08:45pm

Markets

Pakistan’s pharma company BF Biosciences looks to raise at least Rs1.38bn through IPO

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) is planning an initial public offering (IPO) at the...

Updated 07 Aug, 2024 09:09pm

Markets

Gold price per tola decreases Rs500 in Pakistan

Gold prices in Pakistan continued its downward trajectory on Wednesday, in line with a decrease in international...

Published 07 Aug, 2024 02:42pm

Markets

MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in...

Updated 07 Aug, 2024 09:49pm

Pakistan

PTI challenges Elections (Second Amendment) Bill, 2024 in SC

Pakistan Tehreek-e-Insaf (PTI) filed on Wednesday a petition in the Supreme Court (SC) challenging the...

Updated 07 Aug, 2024 08:45pm

Markets

KSE-100 closes marginally in the red as profit-taking erases early gains

The KSE-100 closed in the red on Wednesday after profit-taking wiped out more than 600 points the index had gained...

Updated 07 Aug, 2024 05:27pm

Pakistan

Pakistan stands with Bangladesh, hopes for a swift return to normalcy: FO

Expresses confidence that the resilient spirit and unity of the Bangladeshi people will lead them towards a harmonious future

Updated 07 Aug, 2024 08:45pm

Pakistan

FO in contact with US on Pakistani man charged with alleged ties to Iran

Says before giving Pakistan's formal reaction 'we also need to be sure of the antecedents of the individual in question'

Updated 07 Aug, 2024 03:23pm

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	157.10
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
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

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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