News stories for BR Web Desk - Business Recorder

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Pakistan

SC says reserved seats cannot be allocated in deviance from principle of proportional representation

The Supreme Court adjourned the hearing of the case of the reserved seats until Thursday, stating that reserved...

Published 25 Jun, 2024 07:35pm

Pakistan

Operation Azm-e-Istehkam to energise IBOs without population displacement: PM Shehbaz

Prime Minister Shehbaz Sharif clarified on Tuesday that Operation Azm-e-Istehkam was not a large-scale military...

Updated 25 Jun, 2024 10:59pm

Markets

KSE-100 loses another 292 points on profit-taking

The Pakistan Stock Exchange (PSX) witnessed another negative session on Tuesday as its benchmark KSE-100 Index lost...

Published 25 Jun, 2024 05:57pm

World

At least 10 dead as police fire at anti-tax protesters in Kenya

NAIROBI: At least ten people were shot dead in Kenya’s capital on Tuesday, a paramedic said, as protests against tax...

Updated 25 Jun, 2024 10:55pm

Pakistan

PIA bidding process to take place in first week of August

The bidding process for the privatisation of Pakistan International Airlines (PIA) will be held in the first week of...

Updated 25 Jun, 2024 11:00pm

Pakistan

Honoraria for NA, Senate staff but no change in tax rates for salaried group as Aurangzeb wraps up budget discussion

Finance minister Aurangzeb says reduced sales tax to continue to apply on Hybrid Electric Vehicles, stationary items to remain exempted

Updated 25 Jun, 2024 07:32pm

Markets

Gold price per tola decreases Rs500 in Pakistan

After increasing in the previous session, gold prices declined in Pakistan on Tuesday in line with the decrease in...

Updated 25 Jun, 2024 10:25pm

Pakistan

Operation Azm-e-Istehkam not political but national security effort: Asif

Says KPK CM Ali Amin Gandapur also attended Apex Committee meeting and had not raised any objections regarding the operation

Updated 25 Jun, 2024 11:00pm

BR’s refresher: your morning briefing for the day

Important updates from June 25, 2024

Published 25 Jun, 2024 08:17am

Pakistan

In meeting with Bill Gates, PM vows to eradicate polio from country

Prime Minister Shehbaz Sharif on Monday reaffirmed his resolve to completely eradicate polio from the country. He...

Published 24 Jun, 2024 10:25pm

Sports

PCB chief Naqvi approves plan for promoting quality domestic cricket

Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Monday gave in-principle approval to a plan to promote quality...

Updated 24 Jun, 2024 09:23pm

Technology

IT exports will cross $3bn this year, says Shaza Fatima

Minister of State for Information Technology says training will begin with Google, Microsoft, and other leading IT companies to prepare at least 1.5 million IT-certified individuals over the next five years

Updated 24 Jun, 2024 10:33pm

Markets

Equity swap only option to address circular debt issue, says PSO

The management of Pakistan State Oil (PSO), the country’s largest oil-marketing company (OMC), believes equity swap...

Updated 24 Jun, 2024 09:22pm

Pakistan

Pakistan’s Kamal Siddiqi among 7 journalists to receive prestigious award in Manila

Pakistani journalist Kamal Siddiqi received the prestigious ‘Journalists Courage and Impact Award’ at the East-West...

Published 24 Jun, 2024 04:15pm

Pakistan

Aurangzeb assures ‘favourable outcomes’ for public, business in final budget

Finance Division says recommendations being noted and will be considered in finalisation of budget

Updated 24 Jun, 2024 10:50pm

Markets

KSE-100 closes 578 points lower as investors look to book gains

Selling pressure was observed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index lost 578 points...

Updated 24 Jun, 2024 10:53pm

Markets

Gold price per tola increases Rs500 in Pakistan

In the local market, gold price per tola stood at Rs242,000

Published 24 Jun, 2024 12:58pm

Pakistan

CJP Isa says PTI-backed independents ‘committed suicide’ by merging with SIC

Chief Justice of Pakistan (CJP) Qazi Faez Isa on Monday said the independents backed by the Pakistan Tehreek-e-Insaf...

Updated 24 Jun, 2024 10:47pm

BR’s refresher: your morning briefing for the day

Important updates from June 23 and June 24, 2024

Published 24 Jun, 2024 08:39am

Pakistan

Opposition can present their suggestions regarding operation ‘Azm-e-Istehkam’ in parliament, says Asif

Defence Minister Muhammad Asif said Sunday that opposition benches could raise their concerns and make suggestions...

Updated 23 Jun, 2024 07:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.28
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
Tokyo Nikkei / Jan 1	39,894.54
S&P 500 / Jan 2	5,868.55
Nasdaq / Jan 2	19,280.79
FTSE 100 / Jan 2	8,260.09
Dow Jones / Jan 2	42,392.27
Germany DAX 30 / Jan 2	20,024.66
France CAC40 / Jan 2	7,393.76
India Sensex / Jan 3	79,739.02

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 2	18,085
Gold 10 Grams PKR / Jan 2	242,888.30
Petrol/Litre / Jan 3	252.66
Crude Oil USD/Barrel / Jan 3	73.26
Gold Spot USD/Ounce / Jan 3	2,657
Diesel/Litre / Jan 3	258.34

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
GOC (Pak) / Jan 3 GOC (Pak) Limited.(GOC)	79.20 ▲ 7.20 (10.00%)
Liven Pharma / Jan 3 Liven Pharma Limited(LIVEN)	200.37 ▲ 18.22 (10.00%)
Suhail Jute / Jan 3 Suhail Jute Mills Limited(SUHJ)	175.52 ▲ 15.96 (10.00%)
Dewan Automotive Eng. / Jan 3 Dewan Automotive Engineering Limited(DWAE)	41.71 ▲ 3.79 (9.99%)
Bilal Fibres / Jan 3 Bilal Fibres Limited(BILF)	13.68 ▲ 1.24 (9.97%)
Hallmark Co. / Jan 3 Hallmark Company Limited(HCL)	1,199 ▲ 107.60 (9.86%)

Stock	Price
Frontier Ceram / Jan 3 Frontier Ceramics Limited(FRCL)	31.28 ▼ -3.48 (-10.01%)
Blue-Ex Ltd / Jan 3 Blue-Ex Limited (GEM)(GEMBLUEX)	42.92 ▼ -4.77 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
Sindh Abadgar / Jan 3 Sindh Abadgar's Sugar Mills Limited(SASML)	37.20 ▼ -4.05 (-9.82%)
Trust Sec.& Brok. / Jan 3 Trust Securities & Brokerage Limited(TSBL)	11.33 ▼ -1.17 (-9.36%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	166.60 ▼ -14.78 (-8.15%)
Khalid Siraj / Jan 3 Khalid Siraj Textile Mills Limited(KSTM)	8.12 ▼ -0.71 (-8.04%)
Kohinoor Mills / Jan 3 Kohinoor Mills Limited(KML)	32.01 ▼ -2.72 (-7.83%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,001,410 ▼ -0.04
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.20
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	52,175,076 ▼ -0.24
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▼ -0.14
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	35,164,265 ▼ -2.67
Pak Elektron / Jan 3 Pak Elektron Limited(PAEL)	33,998,434 ▲ 0.75
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	31,794,537 ▲ 0.40
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	28,281,840 ▲ 0.17

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