News stories for BR Web Desk - Business Recorder

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Markets

Record-breaking stock rally: KSE-100 settles above 114,000 after 3,370-point gain

Positive macroeconomic indicators, rate cut expectations and liquidity towards stock market driving bullish momentum

Updated 12 Dec, 2024 09:44pm

BR’s refresher: your morning briefing for the day

Important updates from December 11, 2024

Published 12 Dec, 2024 08:41am

Pakistan

Soldier martyred, seven terrorists killed in two North Waziristan IBOs: ISPR

Security forces killed seven terrorists in two separate intelligence-based operations (IBOs) in the North Waziristan...

Updated 11 Dec, 2024 09:39pm

Pakistan

D-Chowk protest: PTI’s Gohar demands probe into alleged deaths

Pakistan Tehreek-e-Insaf claims 12 killed in operation against protesters at D-Chowk on November 26

Updated 11 Dec, 2024 10:57pm

Sports

Haris Rauf crowned ICC Men’s Player of the Month for November

Pakistan fast bowler Haris Rauf, who inspired a historic ODI series win in Australia, has been named the ICC Men’s...

Published 11 Dec, 2024 05:00pm

Business & Finance

China plans $1bn medical city in Dhabeji Special Economic Zone, says Sindh govt

A Chinese business delegation has expressed ‘deep interest’ in establishing a $1 billion medical city in the Dhabeji...

Published 11 Dec, 2024 03:59pm

Markets

Gold price per tola gains Rs3,100 in Pakistan

Gold prices in Pakistan registered a significant gain on Wednesday in line with their increase in the international...

Published 11 Dec, 2024 02:56pm

Pakistan

ADB approves $330mn financing to bolster Pakistan’s social protection programmes

Result-based loan to expand grassroots-level social protection, lender says

Updated 11 Dec, 2024 09:45pm

Pakistan

Japan announces $3.1mn grant for polio eradication in Pakistan

Pakistan to use these funds to procure more than 20.22 million doses of vaccines to support polio campaigns in 2025

Updated 11 Dec, 2024 10:59pm

Markets

ADB approves $200mn loan to modernise Pakistan’s power distribution network

The Asian Development Bank (ADB) on Wednesday approved a $200 million loan to modernise Pakistan’s power...

Updated 11 Dec, 2024 09:45pm

Business & Finance

MCB Bank appoints Nauman Chughtai as President & CEO

The Board of Directors (BoD) of MCB Bank, one of Pakistan’s largest commercial banks, has appointed Muhammad Nauman...

Updated 11 Dec, 2024 10:58pm

Business & Finance

Banking sector’s ADR climbs to nearly 48% as of Nov 29

The banking sector’s gross Advance-to-Deposit Ratio (ADR) maintained its upward trajectory, hitting nearly 48% as of...

Updated 11 Dec, 2024 11:01pm

Markets

Stocks stage strong recovery, KSE-100 settles at fresh record high

A day after intense profit-taking, bullish momentum returned to the Pakistan Stock Exchange (PSX) with the benchmark...

Updated 11 Dec, 2024 11:00pm

BR’s refresher: your morning briefing for the day

Important updates from December 10, 2024

Published 11 Dec, 2024 09:09am

Pakistan

Pakistan condemns Israeli aggression against Syria

Pakistan on Tuesday strongly condemned the Israeli aggression against Syria and its illegal seizure of the Syrian...

Updated 10 Dec, 2024 09:40pm

Business & Finance

Month-on-month: car sales in Pakistan down 22% in November due to year-end effect

Car sales in Pakistan fell by 22% month-on-month (MoM) in November 2024, totaling 10,163 units, stated a report by...

Updated 10 Dec, 2024 09:32pm

Pakistan

Soldier martyred, 15 terrorists killed in Balochistan IBO: ISPR

A soldier was martyred and 15 terrorists were killed in an intelligence-based operation (IBO) in Balochistan’s Zhob...

Updated 10 Dec, 2024 09:40pm

Pakistan

Ex-ISI chief Faiz Hameed arraigned on charges of ‘engaging in political activities’ among others, says ISPR

Lt Gen Faiz Hameed (retd) being afforded with all legal rights as per law, adds military's media wing

Updated 10 Dec, 2024 10:57pm

Business & Finance

Pakistan’s Citi Pharma, Martin Dow partner with Chinese firm for biotech manufacturing

Pakistan’s pharmaceutical companies Citi Pharma Limited (CPHL), Martin Dow, and Chinese pharmaceutical giant Kingbo...

Updated 10 Dec, 2024 09:23pm

Markets

Gold price per tola increases Rs1,000 in Pakistan

Gold prices in Pakistan registered a minor gain on Tuesday in line with their increase in the international rate. In...

Updated 10 Dec, 2024 06:15pm

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 26	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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