News Archives for Pakistan - 2024-08-31 - Business Recorder

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Dec 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan - 2024-08-31

Nawaz Sharif calls for reduction in govt spending to increase relief efforts

Nawaz Sharif calls for reduction in govt spending to increase relief efforts

PML-N chief presides over a party meeting to assess the relief efforts undertaken by the federal and Punjab governments

Updated 31 Aug, 2024 10:13pm

Cyclone Asna moves away from Karachi, PMD predicts heavy rains

Cyclone Asna moves away from Karachi, PMD predicts heavy rains

Says cyclone over northeast Arabian Sea off the Sindh coast likely to track further west-southwestwards

Updated 31 Aug, 2024 10:15pm

PK-Leaf completes skill training project

PK-Leaf completes skill training project

KARACHI: Philip Morris (Pakistan) Limited – PMPKL Leaf (PK-Leaf) has successfully completed another round of ...

Published 31 Aug, 2024 08:13am

PA Speaker, senior cabinet members visit CBD Punjab

PA Speaker, senior cabinet members visit CBD Punjab

LAHORE: Speaker Punjab Assembly Malik Muhammad Ahmad Khan along with Deputy Speaker Punjab Assembly Zaheer Iqbal on...

Published 31 Aug, 2024 08:10am

Many public sector varsities being run in contravention of their laws: SC

Many public sector varsities being run in contravention of their laws: SC

ISLAMABAD: The Supreme Court noted that many of the public sector universities are being run in contravention of...

Published 31 Aug, 2024 08:05am

Cybercrime case: Orya Maqbool granted judicial remand

Cybercrime case: Orya Maqbool granted judicial remand

LAHORE: A judicial magistrate on Friday denied further physical remand of anchorperson Orya Maqbool Jan to Federal...

Published 31 Aug, 2024 08:04am

PM accepts resignation of PC’s Deputy Chairman

PM accepts resignation of PC’s Deputy Chairman

ISLAMABAD: Prime Minister Shehbaz Sharif accepted the resignation of Planning Commission Deputy Chairman Jahanzeb...

Published 31 Aug, 2024 08:03am

Proper services should be provided to citizens: CTO

Proper services should be provided to citizens: CTO

FAISALABAD: “At all service and convenience traffic centers, services should be provided to the citizens in a good...

Published 31 Aug, 2024 08:01am

PTA uses WMS for internet content management, govt tells NA

PTA uses WMS for internet content management, govt tells NA

ISLAMABAD: The federal government has informed the National Assembly that Pakistan Telecommunication Authority (PTA)...

Published 31 Aug, 2024 07:50am

PTI terms Musakhel incident ‘failure of agencies’

PTI terms Musakhel incident ‘failure of agencies’

ISLAMABAD: Terming the Musakhel incident a “complete failure” of over two dozen intelligence agencies, Pakistan...

Updated 31 Aug, 2024 02:03pm

Punjab intensifies wildlife protection on CM’s direction

Punjab intensifies wildlife protection on CM’s direction

LAHORE: Under Chief Minister Punjab Maryam Nawaz Sharif's directives, Punjab government has launched a rigorous...

Published 31 Aug, 2024 07:45am

Preventing electronic crimes: Telecommunication appellate tribunal on the cards

Preventing electronic crimes: Telecommunication appellate tribunal on the cards

ISLAMABAD: The federal government is going to take a major decision to prevent electronic crimes by establishing a...

Published 31 Aug, 2024 07:43am

Third offshore patrol vessel PNS HUNAIN arrives in Karachi

Third offshore patrol vessel PNS HUNAIN arrives in Karachi

KARACHI: Third Offshore Patrol Vessel (OPV) PNS HUNAIN arrived in Karachi. Upon arrival, an impressive reception...

Published 31 Aug, 2024 07:40am

C&W processes 484 tenders through e-procurement system

C&W processes 484 tenders through e-procurement system

LAHORE: The Punjab Communication and Works (C&W) Department has successfully processed 484 tenders worth over Rs...

Published 31 Aug, 2024 06:55am

Alkhidmat signs MoU with UBL Ameen

Alkhidmat signs MoU with UBL Ameen

KATACHI: Alkhidmat Karachi has signed an MoU with UBL’s Islamic banking service "Ameen" to facilitate students of...

Published 31 Aug, 2024 06:55am

Monsoon season: 60pc more rains than usual received

Monsoon season: 60pc more rains than usual received

ISLAMABAD: Pakistan has received 60 per cent more rains than usual during the monsoon season July-August as heavy...

Published 31 Aug, 2024 06:55am

Fazl rejects govt offer to join it?

Fazl rejects govt offer to join it?

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has rejected Prime Minister Shehbaz...

Published 31 Aug, 2024 06:55am

Army says 37 terrorists killed in Khyber

Army says 37 terrorists killed in Khyber

RAWALPINDI: Army said late Friday that thirty seven terrorists have been killed in Khyber district in ten days, ...

Published 31 Aug, 2024 06:55am

Jan-Aug: 147pc spike in terror incidents

Jan-Aug: 147pc spike in terror incidents

ISLAMABAD: Pakistan has recorded an unprecedented 147 percent spike in terrorism-related incidents in the first ...

Published 31 Aug, 2024 06:55am

Terrorism: Pakistan urges OIC states to work collectively

Terrorism: Pakistan urges OIC states to work collectively

ISLAMABAD: Pakistan has urged the Organisation of Islamic Cooperation (OIC) to work collectively to combat all forms...

Published 31 Aug, 2024 06:55am

Missing persons not in ISI custody, AGP tells IHC

Missing persons not in ISI custody, AGP tells IHC

ISLAMABAD: The Attorney General for Pakistan (AGP) told the Islamabad High Court (IHC) that the missing professors,...

Published 31 Aug, 2024 06:55am

PM vows to defeat country’s enemies through collective efforts

PM vows to defeat country’s enemies through collective efforts

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reiterated his government’s commitment not to hold any talks...

Published 31 Aug, 2024 06:55am

PDWP-Punjab approves Rs2bn uplift schemes

PDWP-Punjab approves Rs2bn uplift schemes

LAHORE: The Provincial Development Working Party (PDWP-Punjab) for 2024-25 approved three development schemes...

Published 31 Aug, 2024 06:55am

Health of women, children top priority of CM: minister

Health of women, children top priority of CM: minister

LAHORE: Inaugurating the newly-constructed block, here at Mayo Hospital, Punjab’s Senior Provincial Minister...

Published 31 Aug, 2024 06:55am

Pakistan experiencing a record-breaking monsoon month of Aug

Pakistan experiencing a record-breaking monsoon month of Aug

LAHORE: Pakistan has just experienced a record-breaking monsoon month of August, with rainfall levels soaring to...

Published 31 Aug, 2024 06:55am

Imran says deteriorating economy is country’s biggest challenge

Imran says deteriorating economy is country’s biggest challenge

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Friday, said that...

Published 31 Aug, 2024 06:55am

Meeting with private varsity

Meeting with private varsity

ISLAMABAD: Former senator Rubina Khalid, the Chairperson BISP, held a meeting with a delegation of a private...

Published 31 Aug, 2024 06:55am

OIC Contact Group reaffirms its support to the Kashmir cause

OIC Contact Group reaffirms its support to the Kashmir cause

ISLAMABAD: The OIC Contact Group on Jammu and Kashmir has reaffirmed support for the Kashmiri people’s struggle ...

Published 31 Aug, 2024 06:55am

OGDCL hosts seminar on ‘Awareness and Prevention from Corruption’

OGDCL hosts seminar on ‘Awareness and Prevention from Corruption’

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Thursday hosted a seminar titled “Awareness and...

Published 31 Aug, 2024 06:55am

Strong winds sweep across Karachi

Strong winds sweep across Karachi

KARACHI: Gusty winds howled across the metropolis on Friday, as the swirling tropical storm “Asna” is likely to...

Published 31 Aug, 2024 06:55am

The Weather

The Weather

KARACHI: The weather report on Friday (August 30, 2024) and the forecast for Saturday (August 31, 2024)...

Published 31 Aug, 2024 06:55am

Schools shut as Pakistan, India brace for rare August cyclone

Schools shut as Pakistan, India brace for rare August cyclone

KARACHI/AHMEDABAD: Coastal towns and cities in India and Pakistan braced for a rare August cyclone on Friday, as...

Published 31 Aug, 2024 06:55am

Pakistan, BD agree to work closely for prosperity

Pakistan, BD agree to work closely for prosperity

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday held telephonic contact with Chief Adviser of the Bangladesh...

Published 31 Aug, 2024 06:55am

Discovering Diabetes save thousands from complications

Health & Wellness

Discovering Diabetes save thousands from complications

KARACHI: The Discovering Diabetes initiative has prevented complications in 452,170 individuals who were previously...

Published 31 Aug, 2024 06:55am

Senate told: No military operation in Balochistan

Senate told: No military operation in Balochistan

ISLAMABAD: Denying the possibility of a military operation in Balochistan, Interior Minister Mohsin Naqvi reiterated...

Updated 31 Aug, 2024 09:02am

Militant attacks delay launch of China-backed airport

Militant attacks delay launch of China-backed airport

ISLAMABAD: The start of operations at a Chinese-funded airport in Balochistan province has been pushed back for a...

Updated 31 Aug, 2024 09:07am

PESSI approves Rs36bn surplus budget for FY2024-25

PESSI approves Rs36bn surplus budget for FY2024-25

LAHORE: The Punjab Employees Social Security Institution (PESSI) governing body has approved a surplus budget of Rs...

Published 31 Aug, 2024 06:55am

Failed coup of May 9: Minister terms KP govt’s move to form probe commission ‘ridiculous’

Failed coup of May 9: Minister terms KP govt’s move to form probe commission ‘ridiculous’

LAHORE: Punjab Information Minister Azma Bokhari stated that the Khyber Pakhtunkhwa government’s decision to form...

Updated 31 Aug, 2024 08:04am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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Positive GDP growth rate unlikely?

Positive GDP growth rate unlikely?

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

Two foreign oil, gas firms win arbitration against PEL

Two foreign oil, gas firms win arbitration against PEL

NJLI Sarmaya Growth Fund Rates

KSE-100 gains over 4,400 points as buying momentum continues

KSE-100 gains over 4,400 points as buying momentum continues

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

Pakistan must prepare to let go off the crutches of remittances

Pakistan must prepare to let go off the crutches of remittances

Tax receipts must improve

Tax receipts must improve

Pakistan’s Feroze1888 Mills to establish subsidiary in UK

Pakistan’s Feroze1888 Mills to establish subsidiary in UK