News stories for BR Web Desk - Business Recorder

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Markets

KSE-100 closes week marginally negative

The Pakistan Stock Exchange (PSX) ended another trading session on a flat note as the benchmark KSE-100 index...

Published 05 Jul, 2024 06:12pm

Markets

Gold price per tola increases another Rs1,100 in Pakistan

Gold prices in Pakistan registered gains for the third successive session on Friday in line with an increase in the...

Published 05 Jul, 2024 04:22pm

Technology

Pakistan’s DealCart announces $3mn seed round led by international investors

DealCart, a Pakistani social e-commerce startup, announced on Thursday that it has successfully raised $3 million in...

Updated 05 Jul, 2024 07:09pm

Pakistan

At least three killed, several injured in Mardan bomb blast

At least three people were killed and eight others injured on Friday in an explosion in Khyber Pakhtunkhwa’s (KPK)...

Updated 05 Jul, 2024 04:34pm

Business & Finance

Transaction complete: UBL sells off stake in its UK subsidiary to Bestway Group

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has successfully concluded the transaction...

Updated 05 Jul, 2024 07:09pm

Pakistan

Dr Gohar Ejaz urges govt to provide relief to salaried class

Former caretaker minister also advocates lowering key interest rate

Updated 05 Jul, 2024 04:45pm

Markets

Farrukh H Khan resigns as Pakistan Stock Exchange CEO

Farrukh H Khan has resigned from the position of Chief Executive Officer (CEO) of Pakistan Stock Exchange Limited...

Updated 05 Jul, 2024 04:32pm

BR’s refresher: your morning briefing for the day

Important updates from July 4, 2024

Published 05 Jul, 2024 08:45am

Business & Finance

After fresh tax: milk in Pakistan becomes more expensive than in France

Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the...

Published 04 Jul, 2024 07:44pm

Pakistan

Qatar pledges support for Pakistan’s climate-vulnerable sectors

Both countries discuss collaboration on climate risk management, environment conservation, and other areas of interest

Published 04 Jul, 2024 07:32pm

Markets

SBP-held foreign exchange reserves increase $494mn, now stand at $9.39bn

Central bank says official inflows from multilateral agencies helped boost foreign currency reserves

Published 04 Jul, 2024 07:26pm

Pakistan

Pakistan to host SCO meeting in October 2024: Foreign Office

Islamabad holds rotating chairmanship of Shanghai Cooperation Organization’s Council of Heads of Government

Updated 04 Jul, 2024 11:06pm

Markets

After positive start, KSE-100 ends session on flat note

After initial gains that propelled the benchmark index to near the 81,000 level, the Pakistan Stock Exchange (PSX)...

Updated 04 Jul, 2024 11:08pm

Markets

FTSE Russell downgrades Pakistan to frontier market from secondary emerging status

In a key development, FTSE Russell has lowered Pakistan ranking to frontier market status from secondary emerging....

Updated 04 Jul, 2024 08:51pm

Markets

Gold price per tola increases Rs1,000 in Pakistan

Gold prices in Pakistan registered gains for the second consecutive session on Thursday in line with an increase in...

Published 04 Jul, 2024 03:07pm

Pakistan

SCO summit: terrorism, extremism must be fought collectively, says PM Shehbaz

There is no justification for killing innocent people or using the bogey of terrorism for political point-scoring, premier adds in address

Updated 04 Jul, 2024 11:06pm

Business & Finance

Bank of Punjab to open offices in Bahrain, UAE

The Board of Directors of the Bank of Punjab (BoP) has given its approval to the bank to establish a Wholesale...

Updated 04 Jul, 2024 05:06pm

BR’s refresher: your morning briefing for the day

Important updates from July 3, 2024

Published 04 Jul, 2024 08:47am

Pakistan

Former senator Hidayat Ullah, two others killed in Bajaur blast

Hidayatullah was traveling for an election campaign when his vehicle was targeted

Updated 03 Jul, 2024 07:02pm

Pakistan

PM Shehbaz seeks barter trade revival with Russia in meeting with Putin

Says positive trajectory of Pak-Russia relations is a matter of 'great comfort'

Updated 03 Jul, 2024 07:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	49.95 ▲ 4.54 (10.00%)
Ghandhara Ind. / Dec 23 Ghandhara Industries Limited(GHNI)	577.96 ▲ 52.54 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
Al-Khair Gadoon / Dec 23 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Ghazi Fabrics / Dec 23 Ghazi Fabrics International Limited(GFIL)	9.10 ▼ -0.94 (-9.36%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.52 ▼ -2.66 (-8.81%)
Quetta Textile / Dec 23 Quetta Textile Mills Limited(QUET)	18 ▼ -1.56 (-7.98%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.60 ▼ -0.79 (-6.94%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.09
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.15
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.14
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.61
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.47
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.10
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.20
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.21
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 2.72

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