Home - Business Recorder

Updated 15 Jan, 2025 06:35pm

No treaty of alliance with Pakistan, nor is Islamabad a technical ally: White House

Remarks come in backdrop of Pakistan's appeal to global community over emerging terrorist threats from Afghanistan

Markets

Govt cuts tariff on charging stations by 45%: Awais Leghari

Updated 15 Jan, 2025 07:07pm

Pakistan

Pakistan rejects India’s ‘fictitious claims’ regarding IIOJK

Updated 15 Jan, 2025 06:37pm

Markets

KSE-100 snaps 3-session rally, closes lower by 308 points

Updated 15 Jan, 2025 06:02pm

Markets

Rupee registers marginal decline against US dollar

Updated 15 Jan, 2025 06:34pm

Markets

OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

Updated 15 Jan, 2025 07:22pm

Business & Finance

Wafi Energy Pakistan Limited appoints Zubair Shaikh as interim CEO

Updated 15 Jan, 2025 07:18pm

Business & Finance

MCB’s Nauman Chughtai gets FPT clearance from State Bank

Updated 15 Jan, 2025 05:46pm

Markets

Gold price per tola jumps Rs2,900 in Pakistan

Published 15 Jan, 2025 06:10pm

Pakistan

World Bank’s $20bn pledge reflects confidence in Pakistan’s economy: PM Shehbaz

Updated 15 Jan, 2025 05:45pm

Power tariff may be reset annually from Jan 1

Updated 15 Jan, 2025 12:21pm

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Recorder headlines

Govt cuts tariff on charging stations by 45%: Leghari

CJCSC Shamshad, COAS Munir meet Bangladesh Armed Forces’ PSO

PM Shehbaz chairs federal cabinet meeting in Islamabad

Recorder headlines

Budget 2024-25: income tax calculator for FY25

Power tariff may be reset annually from Jan 1

FBR issues updated Sales Tax rules

SIFC takes stock of Uraan plan, stakeholders

Rs10-11/unit fall in power tariff likely: Cabinet clears revised pacts with 14 IPPs

NJLI Sarmaya Growth Fund Rates

Pension calculation formula

Flat steel products: Govt likely to extend RD for 3 months

Shell Pakistan changes name to Wafi Energy Pakistan Limited

MCB’s Nauman Chughtai gets FPT clearance from State Bank

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 15	278.85
USD PKR Interbank Buying / Jan 15	278.70
USD to Japanese Yen / Jan 15	157.36
USD to Swiss Franc / Jan 15	0.91
Pound Sterling to USD / Jan 15	1.22
Euro to USD / Jan 15	1.03

Stock	Volume
S&P 500 / Jan 14	5,842.91
Nasdaq / Jan 14	19,044.39
Dow Jones / Jan 14	42,518.28
India Sensex / Jan 15	76,746.81
Tokyo Nikkei / Jan 15	38,379.49
Hang Seng / Jan 15	19,223.49
FTSE 100 / Jan 15	8,250.76
Germany DAX 30 / Jan 15	20,345.48

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Karachi Cotton PKR/37.32 KG / Jan 14	18,785
Petrol/Litre / Jan 15	252.66
Crude Oil USD/Barrel / Jan 15	77.93
Gold Spot USD/Ounce / Jan 15	2,681.51
Diesel/Litre / Jan 15	258.34

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Jan 15 First Elite Capital Modaraba(FECM)	6.67 ▲ 1.00 (17.64%)
Parmount Sp. / Jan 15 Paramount Spinning Mills Limited(PASM)	5 ▲ 0.50 (11.11%)
Service Textile / Jan 15 Service Industries Textiles Limited(SERT)	15.13 ▲ 1.38 (10.04%)
Power Cem(Pref) / Jan 15 Power Cement (Pref)(POWERPS)	12.29 ▲ 1.12 (10.03%)
Gulistan Sp. / Jan 15 Gulistan Spinning Mills Limited(GUSM)	11.65 ▲ 1.06 (10.01%)

Stock	Price
Fateh Ind. / Jan 15 Fateh Industries Limited(FIL)	120.60 ▼ -13.34 (-9.96%)
Idrees Tex. / Jan 15 Idrees Textile Mills Limited(IDRT)	13.50 ▼ -1.49 (-9.94%)
Al-Khair Gadoon / Jan 15 Al-Khair Gadoon Limited(AKGL)	34 ▼ -3.39 (-9.07%)
PICIC Ins.Ltd. / Jan 15 PICIC Insurance Limited(PIL)	3.07 ▼ -0.30 (-8.90%)
United Brands / Jan 15 United Brands Limited(UBDL)	21.03 ▼ -2.05 (-8.88%)

Stock	Volume
WorldCall Telecom / Jan 15 Worldcall Telecom Limited(WTL)	68,146,464 ▲ 0.02
Pak Refinery / Jan 15 Pakistan Refinery Limited(PRL)	56,632,089 ▲ 1.60
Cnergyico PK / Jan 15 Cnergyico PK Limited(CNERGY)	43,068,457 ▼ -0.16
K-Electric Ltd. / Jan 15 K-Electric Limited(KEL)	33,447,471 ▼ -0.07
TRG Pak Ltd / Jan 15 TRG Pakistan Limited(TRG)	29,612,532 ▲ 2.51

Markets →

Recorder headlines

Govt cuts tariff on charging stations by 45%: Leghari

CJCSC Shamshad, COAS Munir meet Bangladesh Armed Forces’ PSO

PM Shehbaz chairs federal cabinet meeting in Islamabad

Currency	Rate
USD PKR Interbank Selling / Jan 15	278.85
USD PKR Interbank Buying / Jan 15	278.70
USD to Japanese Yen / Jan 15	157.36
USD to Swiss Franc / Jan 15	0.91
Pound Sterling to USD / Jan 15	1.22
Euro to USD / Jan 15	1.03

Stock	Volume
S&P 500 / Jan 14	5,842.91
Nasdaq / Jan 14	19,044.39
Dow Jones / Jan 14	42,518.28
India Sensex / Jan 15	76,746.81
Tokyo Nikkei / Jan 15	38,379.49
Hang Seng / Jan 15	19,223.49
FTSE 100 / Jan 15	8,250.76
Germany DAX 30 / Jan 15	20,345.48

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Karachi Cotton PKR/37.32 KG / Jan 14	18,785
Petrol/Litre / Jan 15	252.66
Crude Oil USD/Barrel / Jan 15	77.93
Gold Spot USD/Ounce / Jan 15	2,681.51
Diesel/Litre / Jan 15	258.34

Power tariff may be reset annually from Jan 1

FBR issues updated Sales Tax rules

SIFC takes stock of Uraan plan, stakeholders

Rs10-11/unit fall in power tariff likely: Cabinet clears revised pacts with 14 IPPs

NJLI Sarmaya Growth Fund Rates

Pension calculation formula

Flat steel products: Govt likely to extend RD for 3 months

Shell Pakistan changes name to Wafi Energy Pakistan Limited

MCB’s Nauman Chughtai gets FPT clearance from State Bank

Business & Finance

Bullion Rate

Gold price per tola jumps Rs2,900 in Pakistan

Gold prices in Pakistan increased on Wednesday in line with their rise in international rates. In the local market,... Published 15 Jan, 2025 06:10pm

BR Research

Breaking the thread: is EFS the reckoning spinning deserves?

The Export Facilitation Scheme (EFS) allows duty-free and tax-free import of inputs for export manufacturing....

Published 15 Jan, 2025 07:58am

Companies

Wafi Energy Pakistan Limited appoints Zubair Shaikh as interim CEO

The Board of Directors (BoD) of Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, has appointed Zubair... Updated 15 Jan, 2025 07:18pm

Energy

OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 15 Jan, 2025 07:22pm

BR Research

Mixed signals

Consumers say they don’t intend to purchase motor vehicles in the next six months—well, most consumers, not all;...

Published 15 Jan, 2025 07:55am

Energy

Govt cuts tariff on charging stations by 45%: Awais Leghari

Energy minister says decision will pave way for expansion of charging stations, and increase EV adoption in Pakistan

Updated 15 Jan, 2025 07:07pm

Companies

MCB’s Nauman Chughtai gets FPT clearance from State Bank

The State Bank of Pakistan (SBP) has cleared the Fit & Proper Test (FPT) for Muhammad Nauman Chughtai as... Updated 15 Jan, 2025 05:46pm

Currency

Rupee registers marginal decline against US dollar

Currency settles at 278.77 against the greenback in inter-bank market

Updated 15 Jan, 2025 06:34pm

Business & Economy

World Bank’s $20bn pledge reflects confidence in Pakistan’s economy: PM Shehbaz

Prime Minister Shehbaz Sharif on Wednesday welcomed the World Bank’s pledge of $20 billion for Pakistan under its... Updated 15 Jan, 2025 05:45pm

Stocks

KSE-100 snaps 3-session rally, closes lower by 308 points

The Pakistan Stock Exchange (PSX) witnessed selling pressure on Wednesday as its benchmark KSE-100 Index closed... Updated 15 Jan, 2025 06:02pm

BR Research

Sitara Chemical Industries Limited

Sitara Chemical Industries Limited (PSX: SITC) was incorporated in Pakistan as a public limited company in 1981. The...

Published 15 Jan, 2025 07:49am

BR Research

Pakistan’s remittance surge

In December 2024, remittances to Pakistan reached $3.08 billion, reflecting an impressive 29.3 percent year-on-year...

Published 14 Jan, 2025 08:36am

BR Research

Murree Brewery Company Limited

Murree Brewery Company Limited (PSX: MUREB) was incorporated as a public limited company in 1861. The principal...

Published 14 Jan, 2025 08:30am

BR Research

What does 2025 have in store for world cotton markets?

The weekend was full of surprises for the commodity markets. The US Department of Agriculture announced a flurry of...

Published 13 Jan, 2025 07:50am

Pakistan

No treaty of alliance with Pakistan, nor is Islamabad a technical ally: White House

Remarks come in backdrop of Pakistan's appeal to global community over emerging terrorist threats from Afghanistan

Updated 15 Jan, 2025 06:35pm

Pakistan rejects India’s ‘fictitious claims’ regarding IIOJK

Indian Army Chief's statement not only contrary to facts, but also exercise in futility, ISPR says

Updated 15 Jan, 2025 06:37pm

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