Trends - Red Sea - Business Recorder

Red Sea

Six Russians dead, 39 tourists rescued after submarine sinks in Red Sea off Egypt

CAIRO: Six Russians died on Thursday and 39 foreign tourists were rescued when a viewing submarine sank off the...

Published about 2 hours ago

World

US strikes hit targets in Yemeni capital, Houthi-run TV reports

CAIRO: The United States struck targets in the Yemeni capital of Sanaa on Wednesday, Houthi-run Al Masirah TV...

Published 20 Mar, 2025 10:37am

World

Houthis announce new attack on US warships

SANAA: Yemen’s Houthis said on Tuesday they carried out their third attack on American warships in 48 hours,...

Published 19 Mar, 2025 05:36am

World

US says ‘multiple’ leaders of Houthi dead in Yemen strikes

SANAA: A White House official on Sunday said a wave of United States air strikes on Yemen killed senior Houthi rebel...

Published 17 Mar, 2025 05:29am

World

Donald Trump launches large-scale strikes on Yemen’s Houthis, at least 31 killed

Strikes represent the biggest US military operation in the Middle East since Trump took office in January

Updated 16 Mar, 2025 10:15pm

World

Yemen’s Houthis to resume attacks on Israeli ships after Gaza aid deadline ended

CAIRO/DUBAI: Yemen’s Houthis said on Tuesday they would resume attacks on Israeli ships passing through the Red and...

Published 12 Mar, 2025 10:33am

World

Houthi rebels say attacked US aircraft carrier in Red Sea

SANAA: Yemen’s Houthi rebels said Wednesday that they carried out a missile and drone attack on a US aircraft...

Published 15 Jan, 2025 11:05pm

Opinion

Was it a ‘friendly fire’ or ‘hostile fire’ incident?

What Iran, Hezbollah, and Hamas couldn’t do the Houthis have done successfully: challenge the growing aggression...

Published 12 Jan, 2025 02:44am

World

Israel army says intercepted missile launched from Yemen

OCCUPIED JERUSALEM: Israel’s military said it intercepted a missile launched from Yemen after it crossed into...

Published 03 Jan, 2025 12:05pm

World

US fighter shot down in ‘apparent case of friendly fire’ over Red Sea

WASHINGTON: The US military said it mistakenly shot down one of its own fighter aircraft over the Red Sea early on...

Updated 22 Dec, 2024 10:45pm

World

Houthi drone hits central Israeli residential building

YAVNÉ, (Israel): A drone claimed by Yemen’s Houthi rebels exploded on the top floor of a residential building in...

Published 10 Dec, 2024 06:13am

World

Yemen’s Houthis say targeted cargo ship in Red Sea

SANAA: Yemen’s Houthi rebels announced Tuesday they had targeted a cargo ship in the Red Sea, while a multinational...

Published 20 Nov, 2024 12:00am

World

Yemen rebels warn German ships over Red Sea, Israeli ports

BERLIN: Yemen’s Houthi rebels have theartened to hit vessels of German shipping firms passing near the Red Sea or...

Published 18 Nov, 2024 06:13pm

World

Blaze near Jerusalem after missile from Yemen intercepted: army

OCCUPIED JERUSALEM: Israeli firefighters were battling blazes Monday west of Jerusalem, with the army saying the...

Published 11 Nov, 2024 02:13pm

World

Houthis strike tanker off Yemen, causing minor damage and no injuries

CAIRO: A Liberia-flagged tanker was struck twice with missiles and drones in the Red Sea on Thursday morning, in an...

Published 11 Oct, 2024 12:04am

World

Attack damages ship off Yemen coast: UK maritime agency

DUBAI: A ship was struck and damaged by an “unknown projectile” in the Red Sea, a British maritime agency said on...

Published 10 Oct, 2024 10:53am

World

Yemen’s Houthis claim missile attack on Israel

SANAA: Yemen’s Iran-backed Houthi rebels on Wednesday said they had fired cruise missiles “deep inside” Israel,...

Published 02 Oct, 2024 02:13pm

World

Attacks damage two ships off Yemen

DUBAI: Two ships were damaged in separate attacks off Yemen on Tuesday, a British maritime agency said, as regional...

Published 02 Oct, 2024 06:19am

World

Red Sea insurance costs soar

LONDON: The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some...

Published 20 Sep, 2024 06:11am

World

Stricken Red Sea tanker salvage makes ‘slow’ progress

ATHENS: The towing of an abandoned tanker struck by Yemen’s Huthi rebels in August, threatening environmental...

Published 16 Sep, 2024 06:08am

World

Saudi tanker, another oil ship attacked in Red Sea

LONDON/ATHENS: A Saudi-owned crude tanker and a separate Panama-flagged oil ship were attacked on Monday in the Red...

Published 02 Sep, 2024 06:39pm

World

Yemen’s Houthis claim to have attacked ship again in Gulf of Aden

Yemen’s Houthi said on Saturday that they attacked a Liberia-flagged container vessel for a second time in the...

Published 31 Aug, 2024 11:22pm

World

Red Sea insurance nearly doubles

LONDON/ADEN: The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis...

Published 29 Aug, 2024 07:37am

World

British maritime agencies report blast incidents near Yemen's Hodeidah

CAIRO: A ship's captain reported an explosion in the vicinity of the vessel located about 63 nautical miles ...

Updated 13 Aug, 2024 11:50am

World

Triple attack targets ship off Yemen: maritime security firm

DUBAI: Three attempted attacks likely launched by Houthi rebels targeted a merchant vessel off Yemen but caused no...

Published 09 Aug, 2024 02:02pm

World

Houthis pledge ‘huge’ response to Israel strike as Gaza violence spreads

HODEIDA, (Yemen): Yemen’s Houthi on Sunday promised a “huge” retaliation against Israel following a deadly...

Published 22 Jul, 2024 05:39am

World

Egypt’s Suez Canal income falls amid Yemen Houthi attacks

CAIRO: Egypt’s Suez Canal on Thursday reported a 23.4-percent drop in revenues attributed to disruptions in Red ...

Published 19 Jul, 2024 06:05am

World

Houthi rebels claim attack on ship off Yemen

DUBAI: Yemen’s Iran-backed Houthi rebels claimed an attack Thursday targeting a merchant ship in the Red Sea, which...

Published 27 Jun, 2024 11:42pm

Opinion

Wider, uglier war inevitable?

My heart goes out to my Lebanese friends and their families as they get in line to become cannon fodder for the next...

Updated 27 Jun, 2024 07:12am

World

Drone attack damages merchant ship in Red Sea: UK agency

DUBAI: A drone attack damaged a merchant ship in the Red Sea near Yemen early Sunday morning, though no injuries ...

Published 24 Jun, 2024 08:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	280.20
USD PKR Interbank Buying / Mar 28	280
USD to Swiss Franc / Mar 27	0.88
USD to Japanese Yen / Mar 28	150.83
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 27	5,693.31
Nasdaq / Mar 27	17,804.03
FTSE 100 / Mar 27	8,666.12
Dow Jones / Mar 27	42,299.70
Germany DAX 30 / Mar 27	22,678.74
France CAC40 / Mar 27	7,990.11
India Sensex / Mar 28	23,448.24
Tokyo Nikkei / Mar 28	36,977.70
Hang Seng / Mar 28	77,559.63

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 27	17,085
Gold 10 Grams PKR / Mar 27	275,205
Petrol/Litre / Mar 28	255.63
Crude Oil USD/Barrel / Mar 28	69.76
Gold Spot USD/Ounce / Mar 28	3,079.82
Diesel/Litre / Mar 28	258.64
Cotton US¢/pound / Mar 28	66.73

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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