Trends - COP29 - Business Recorder

COP29

Confused about climate change

EDITORIAL: Senator Sherry Rehman is right to note that “institutional Pakistan remains confused about climate...

Updated 21 Dec, 2024 07:30am

Pakistan

Experts warn climate change to create food crisis

ISLAMABAD: Environmental experts at a seminar, while spelling out serious threats posed by climate change, have...

Published 19 Dec, 2024 08:13am

Pakistan

Justice Mansoor calls for issuing carbon bonds finance mechanism

ISLAMABAD: Senior puisne judge of the Supreme Court of Pakistan, Justice Mansoor Ali Shah has called upon the...

Published 18 Dec, 2024 09:09am

Climate funding: ADB commits Rs700bn, IFIs follow suit

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial...

Updated 13 Dec, 2024 09:23am

Opinion

Does COP29 matter amid eroded political consensus?

The comity of nations is joined together like the beads of a rosary through the multilateral platform of the United...

Updated 05 Dec, 2024 07:37am

World

Germany's top diplomat will not 'ignore' China disputes on visit

BERLIN: German Foreign Minister Anna Baerbock on Sunday said that she would not gloss over points of contention with...

Published 02 Dec, 2024 12:21am

World

Afghanistan must participate in future climate talks: Taliban

KABUL: An Afghan environment official on Sunday said the country must be allowed to participate in future global...

Updated 01 Dec, 2024 09:19pm

Business & Finance

Envoy discusses trade ties with Aleem

ISLAMABAD: The bilateral diplomatic activities between Azerbaijan and Pakistan, for the past several months,...

Published 01 Dec, 2024 03:13am

Opinion

Carbon emitters, climate finance, and climate justice

In the just concluded COP29 meetings in Baku, Azerbaijan, there was serious deadlock over the climate finance...

Published 29 Nov, 2024 06:21am

Opinion

Climate change & finance strategy

This new finance goal is an insurance policy for humanity, amid worsening climate impacts hitting every country. But...

Published 29 Nov, 2024 06:16am

World

Babayev blames rich countries for ‘imperfect’ deal

PARIS: The tough-fought finance deal at UN climate negotiations was “imperfect”, the Azerbaijan COP29 leadership...

Published 27 Nov, 2024 06:44am

World

Deep divisions on display at plastic pollution treaty talks

BUSAN (South Korea): A final round of talks on a treaty to curb plastic pollution opened on Monday, with deep...

Published 26 Nov, 2024 07:25am

Pakistan

KP showcases climate resilient, carbon market strategies at COP29

PESHAWAR: The Government of Khyber Pakhtunkhwa showcased its climate resilience strategies and ambitious plans to...

Published 25 Nov, 2024 06:15am

World

Developing nations blast $300bn COP29 climate deal as insufficient

BAKU: Countries at the COP29 summit in Baku adopted a $300 billion a year global finance target on Sunday to help...

Updated 24 Nov, 2024 10:47pm

World

Rich countries boost COP29 climate finance offer as developing nations seethe

BAKU: The European Union, US and other wealthy countries at the COP29 summit have agreed to raise their offer of...

Published 24 Nov, 2024 03:08am

Editorials

Climate action without debt traps

EDITORIAL: The tensions and disagreements that emerged during the climate finance summit of the 2024 UN Climate...

Published 24 Nov, 2024 03:08am

World

COP29 agrees deal to kick-start global carbon credit trading

BAKU: Countries agreed a deal at the COP29 climate conference on Saturday on rules for a global market to buy and...

Published 23 Nov, 2024 11:10pm

World

Wealthy countries back raising COP29 climate deal to $300 billion

BAKU: The European Union, United States and other wealthy countries at the COP29 climate summit have agreed to raise...

Published 23 Nov, 2024 01:07pm

World

Russia’s claim of emissions in annexed Ukraine regions draws protests at COP29

BAKU: Russia has included the territories it occupies in Ukraine in its recent greenhouse gas inventory report to...

Published 23 Nov, 2024 10:49am

World

COP29 summit overruns as $250bn draft deal stalls

BAKU: The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take...

Published 23 Nov, 2024 06:19am

Opinion

Takeaways from CPEC investment

At the China Pakistan Economic Corridor (CPEC) performance review meeting called this week by the National Assembly...

Updated 23 Nov, 2024 06:53am

Pakistan

Communications sector: Pakistan urges Turkiye to make investments

ISLAMABAD - On the eve of COP29 global forum held at Baku, Azerbaijan, Federal Minister for Communications,...

Published 22 Nov, 2024 03:03am

World

COP29 draft rejected

BAKU: Negotiators raced against the clock at UN climate talks Thursday to broker a potential trillion-dollar deal to...

Published 22 Nov, 2024 03:03am

World

New proposals published on COP29 climate finance target

BAKU: The United Nations climate body on Thursday published a fresh set of options for the COP29 summit’s primary...

Published 21 Nov, 2024 12:06pm

Pakistan

CBD Punjab showcases sustainable vision at COP29

LAHORE: The Punjab Central Business District Development Authority (PCBDDA) presented its innovative, eco-friendly...

Published 21 Nov, 2024 05:51am

World

Wealthy nations pledge ‘no new coal’

BAKU: Twenty-five countries at the COP29 climate summit Wednesday pledged not to build any new unabated coal-power...

Published 21 Nov, 2024 05:51am

Markets

OPEC Secretary General tells COP29 oil is a gift from God

BAKU: OPEC Secretary General Haitham Al Ghais on Wednesday told the COP29 climate summit in Baku that crude oil and...

Published 20 Nov, 2024 10:02pm

Pakistan

Ruda unfolds concept of eco-revitalisation of Ravi

LAHORE: The Ravi Urban Development Authority (Ruda), under the ambit of the Punjab government, unfolded the complete...

Published 20 Nov, 2024 06:45am

World

Russian invasion toll on environment $71 billion, Ukraine says

BAKU: Russia’s invasion of Ukraine has caused $71 billion in environmental damage and led to a surge in greenhouse...

Published 19 Nov, 2024 11:27pm

Pakistan

Murad showcases SPHF programme initiatives at COP29

KARACHI: Chief Minister Sindh, Syed Murad Ali Shah, showcased the remarkable achievements of the Sindh People’s...

Published 18 Nov, 2024 02:54am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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