Print - Business Recorder

Print - 2024-05-15

Sports Print: May 15, 2024

Postecoglou ‘misread’ Spurs’ fans desperation to deny Arsenal title

LONDON: Tottenham boss Ange Postecoglou said the foundations he has built at the club are “fragile” after many fans...

Sports Print: May 15, 2024

Man City do feel the tension of title race, says Guardiola

LONDON: Manchester City will be affected by the nerves of going for a fourth consecutive Premier League title on...

World Print: May 15, 2024

Biden admin plans $1bn in new arms for Israel despite Rafah threat

WASHINGTON: US President Joe Biden’s administration informed Congress on Tuesday of a $1 billion weapons package for...

Markets Print: May 15, 2024

Reclassification: MSCI adds NBP to Frontier Market Index

In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the May 2024 index...

Markets Print: May 15, 2024

Shanghai stocks open with small losses

SHANGHAI: Mainland Chinese shares opened slightly lower Wednesday morning following a mixed bag of earnings results...

World Print: May 15, 2024

Indonesia floods kill 58 as rescuers race to find missing

TANAH DATAR: Indonesian rescuers raced Wednesday to find dozens of people still unaccounted for after flash floods...

World Print: May 15, 2024

Hezbollah commander among two killed in Israeli strike: source

BEIRUT: Lebanese state media said an Israeli strike on a car in the country’s south killed two people Tuesday, with...

Markets Print: May 15, 2024

Asian markets mixed as focus turns to US inflation report

HONG KONG: Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling...

Markets Print: May 15, 2024

Intra-day update: rupee sees marginal loss against US dollar

Currency hovers at 278-279 level in inter-bank market

World Print: May 15, 2024

Russia economy resilient; Gaza war weighs on neighbours: EBRD

LONDON: Russia’s economy will grow further this year despite Western sanctions over its Ukraine invasion, while...

World Print: May 15, 2024

India downplays US sanctions threat over Iran port deal

NEW DELHI: India’s foreign minister has said his company will work to communicate the benefits of a strategic port...

Sports Print: May 15, 2024

Future bright for ‘game changer’ Fraser-McGurk: Ganguly

NEW DELHI: Young Australian batsman Jake Fraser-McGurk has a long career ahead despite missing out on a T20 World...

Markets Print: May 15, 2024

Gold prices flat as US inflation data takes centre-stage

Gold prices traded flat on Wednesday as investors looked forward to a critical US inflation print that could offer...

Markets Print: May 15, 2024

India bond yields seen tracking US peers down before inflation data

MUMBAI: Indian government bond yields are expected to inch lower in the early session on Wednesday, tracking a...

Markets Print: May 15, 2024

Indian rupee inches up on foreign banks’ dollar sales, uptick in Asia FX

MUMBAI: The Indian rupee was mildly stronger on Wednesday, aided by gains in most Asian currencies ahead of a key US...

Markets Print: May 15, 2024

Indian shares set to open higher; Canara Bank, JSW Energy in focus

BENGALURU: Indian shares are likely to open higher on Wednesday, extending the week’s gains, as investors await US...

Markets Print: May 15, 2024

Australia shares rebound on budget boost; US inflation data awaited

Australian shares rebounded on Wednesday after the release of the domestic federal budget sparked gains in miners,...

Markets Print: May 15, 2024

Japanese shares rise on Sony, chip stocks boost; caution ahead of US data weighs

TOKYO: Japanese shares rose on Wednesday, led by Sony Group and chip-related stocks, although caution ahead of a key...

Markets Print: Updated May 15, 2024

Oil prices rise on US inventories drawdown expectations, CPI focus

SINGAPORE: Oil prices rose on Wednesday on expectations for higher demand as the US dollar weakened and a report...

Markets Print: May 15, 2024

Dollar droops ahead of crucial CPI test; yen under pressure

TOKYO: The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders...

BR Research Print: May 15, 2024

Currency outlook

The IMF’s latest country report has a special focus on external account assessment within its emphasis on the...

BR Research Print: May 15, 2024

Circular debt target: Optimistic much?

The IMF program review report is out and it reads much of the same for the energy sector, in terms of progress and...

BR Research Print: May 15, 2024

Century Paper & Board Mills Limited

Century Paper & Board Mills Limited (CEBP) was incorporated in Pakistan as a public limited company in 1984 and...

World Print: May 15, 2024

Move on from Afghan ‘trauma’ and address rising threat: US study

WASHINGTON: The United States must move on from the “trauma” of two decades of war and step up counterterrorism...

World Print: May 15, 2024

US sharply hikes tariffs on Chinese EVs and chips

WASHINGTON: US President Joe Biden took aim at China on Tuesday, saying Beijing is “cheating” rather than...

World Print: May 15, 2024

CPJ says Indian journalist shot dead at BJP election rally

NEW DELHI: The Committee to Protect Journalists condemned Monday’s killing of journalist Ashutosh Srivastava and...

World Print: May 15, 2024

Israeli tanks push into Rafah, as displaced civilians flee again

CAIRO: Israeli tanks forged deeper into eastern Rafah on Tuesday, reaching some residential districts of the ...

World Print: May 15, 2024

Record 76m people displaced worldwide, says monitor

GENEVA: Conflict in Gaza and Sudan pushed the number of internally displaced people (IDPs) worldwide to a record ...

Pakistan Print: May 15, 2024

Stemming smuggling, transit trade misuse: Changes in customs laws on the anvil: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, conveyed to the Pakistan Business Council (PBC) that major...

Pakistan Print: Updated May 15, 2024

Ex-govt officials, bankers, bureaucrats own properties in Dubai: report

KARACHI: More than a dozen retired military officials and their families, as well as bankers and bureaucrats, own...

Pakistan Print: May 15, 2024

Dar, CIDCA chairman discuss Gwadar Airport, other projects

BEIJING: Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Tuesday held a luncheon meeting with...

Sports Print: May 15, 2024

Gary Kirsten to join Pakistan team ahead of England series

LAHORE: Pakistan Cricket Board on Tuesday announced that Gary Kirsten will join the national men’s side in Leeds ...

Pakistan Print: May 15, 2024

The Weather

KARACHI: The weather report on Tuesday (May 14, 2024) and the forecast for Wednesday (May 15, 2024)...

Pakistan Print: May 15, 2024

Govt can generate Rs58.8bn by better use of land ‘occupied’ by federal govt employees: NGO

ISLAMABAD: The federal government can generate at least $58.8 billion by efficient and productive use of the land...

Pakistan Print: May 15, 2024

Spokesman defends assets of Bilawal, Aseefa

ISLAMABAD: All the national and international assets of Chairman Pakistan Peoples Party, Bilawal Bhutto-Zardari and...

Pakistan Print: May 15, 2024

Issues of KPC housing schemes to be resolved on priority basis: Info secy

KARACHI: Secretary Information Department Nadeem-ur-Rehman Memon said that the issues of journalists and press clubs...

Pakistan Print: May 15, 2024

Affairs of judiciary: AGP says govt, agencies not meddling

ISLAMABAD: The attorney general for Pakistan (AGP) denied the impression that the government or the intelligence...

Pakistan Print: May 15, 2024

Punjab CM for operationalising all inactive water filtration plants

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the authorities concerned to entrust the management ...

Pakistan Print: May 15, 2024

Customs seizes crystal Meth worth Rs3.8m at JIA

KARACHI: The Collectorate of Customs, Airport has seized a substantial quantity of crystal Meth (MDMA) at...

Pakistan Print: May 15, 2024

FO rejects Indian leaders’ anti-Pakistan rhetoric

ISLAMABAD: The Foreign Office on Tuesday rejected the anti-Pakistan rhetoric by various Indian leaders, including...

Pakistan Print: May 15, 2024

Uniform policy being implemented to deal with the challenge of power pilferage, NA told

ISLAMABAD: The National Assembly was informed on Tuesday that a comprehensive uniform policy is being implemented to...

Pakistan Print: May 15, 2024

Iddat case: court adjourns hearing till today

ISLAMABAD: The counsel of Khawar Maneka, the complainant in the Iddat case against Pakistan Tehreek-e-Insaf (PTI)...

Pakistan Print: May 15, 2024

ECO-friendly car launched

KARACHI: At a simple, brief ceremony held at the premises of the SOS Technical Training Institute located on the...

Pakistan Print: May 15, 2024

Punjab CM, Nawaz visit Mayo’s ‘Children Emergency’

LAHORE: Punjab Chief Minister Maryam Nawaz accompanied by the Pakistan Muslim League (PML-N) supremo Nawaz Sharif...

Pakistan Print: May 15, 2024

5 Chinese scholars awarded PhDs by Punjab University

LAHORE: For the first time, five Chinese scholars have been awarded PhD degrees in Punjab University’s 133rd...

Pakistan Print: May 15, 2024

Rotary Club to provide free uniforms to needy students

FAISALABAD: Rotary Club of Faisalabad will provide free uniforms to students who cannot afford uniforms, besides...

Pakistan Print: May 15, 2024

Punjab Govt Advertisement Policy-2024 approved by cabinet

LAHORE: Punjab cabinet, which met here Tuesday with Chief Minister Maryam Nawaz in the chair, accorded approval to...

Pakistan Print: May 15, 2024

LCCI organises seminar on drug addiction and rehabilitation

LAHORE: The Lahore Chamber of Commerce and Industry organized a seminar on Drug Addiction and the Rehabilitation of...

Pakistan Print: May 15, 2024

CCPO disposes of 1956 service appeals

LAHORE: CCPO Lahore Bilal Siddique Kamyana heard police employees 1956 appeals this year, issuing warnings to 1541...

Pakistan Print: May 15, 2024

Better production: Agri dept, private sector should coordinate: minister

LAHORE: Punjab Agriculture Minister Syed Ashiq Hussain Kirmani has said that the Agriculture department and the...

Pakistan Print: May 15, 2024

Legal education: CCP inks MoU with DLE

ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Directorate of Legal Education (DLE) have signed a...

Pakistan Print: May 15, 2024

Coca-Cola’s solar-powered water filtration plant benefits Megwarh villagers

ISLAMABAD: Coca-Cola’s Solar-Powered Water Filtration Plant in Megwarh Village near Umerkot Sindh has benefited ...

Pakistan Print: May 15, 2024

Dar briefs CTGI chairman over FDI scope in Pakistan

BEIJING: Executive Vice President of China Three Gorges Corporation (CTG) and Chairman of China Three Gorges...

Pakistan Print: May 15, 2024

Afghanistan: Deteriorating ties pose challenges in addressing terror threat

ISLAMABAD: The deteriorating bilateral relations between Pakistan and Afghanistan, coupled with a lack of meaningful...

Pakistan Print: May 15, 2024

Five Chinese scholars awarded PhD degrees in PU

LAHORE: For the first time, five Chinese scholars have been awarded PhD degrees in Punjab University’s 133rd...

Pakistan Print: May 15, 2024

Global team visits Guard Agricultural Research, Services

LAHORE: A high level 9-member delegation of internationally acclaimed food and agriculture scientists and ...

Pakistan Print: May 15, 2024

Petition against property tax revision: IHC issues notices to ECP and MCI

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, issued notices to the Metropolitan Corporation of Islamabad...

Pakistan Print: May 15, 2024

Muhammad Ali Randhawa chairs Islamabad Development Working Party meeting

ISLAMABAD: Chief Commissioner Islamabad Muhammad Ali Randhawa on Tuesday met the Islamabad Development Working ...

Pakistan Print: May 15, 2024

Meeting discusses role, reforms of Planning Commission

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal presided over a high-level...

Pakistan Print: May 15, 2024

Minorities rally in Karachi to support Palestinians

KARACHI: Minorities in Karachi took out a march to express solidarity with Palestinians on Monday. The march was...

Pakistan Print: May 15, 2024

Nation suffering due to wrong priorities of policymakers

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Pakistan Print: May 15, 2024

First meeting of SATRC: Pakistan urges regional collaboration in addressing common ICT challenges

ISLAMABAD: Pakistan on Tuesday underscored the importance of regional collaboration in addressing common ICT...

Pakistan Print: May 15, 2024

Parents urged to protect children from dengue

LAHORE: The Technical Working Group on Dengue Virus, which met with the provincial Health Minister Khawaja Salman...

Pakistan Print: May 15, 2024

SAU to assist PBS in Digital Agricultural Census

HYDERABAD: Sindh Agriculture University will assist the Pakistan Bureau of Statistics (PBS) in conducting the ...

Pakistan Print: May 15, 2024

NAB amendments case: SC directs Centre, Punjab to make arrangements for IK appearance through video link

ISLAMABAD: The Supreme Court directed the federal and the Punjab governments to make arrangements for the appearance...

Pakistan Print: May 15, 2024

National security: Tarar emphasises govt's firm stance

ISLAMABAD: Minister for Information and Broadcasting Attaullah Tarar on Tuesday emphasised the government's firm...

Pakistan Print: May 15, 2024

UAE CG, Sindh CS discuss collaborative projects

KARACHI: In a meeting between the Consul General of the United Arab Emirates (UAE) Bakheet Ateeq AL Remeithi, and...

Pakistan Print: May 15, 2024

Why Imran, Bushra Bibi be shifted to KP: minister

LAHORE: Provincial Minister for Information and Culture Punjab Azma Bokhari while addressing Barrister Saif said ...

Pakistan Print: May 15, 2024

Zardari visits Green Pakistan Initiative Headquarters

ISLAMABAD: President Asif Ali Zardari visited the Green Pakistan Initiative Headquarters in Rawalpindi. The...

Pakistan Print: May 15, 2024

Blome discusses ‘judicial independence, rule of law’ with Tarar

ISLAMABAD: United States Ambassador to Pakistan, Donald Blome, on Tuesday, discussed “judicial independence,...

Pakistan Print: May 15, 2024

Protesters call off march in AJK

MUZAFFARABAD: An alliance of civil rights group on Tuesday called off a protest march in Pakistan-ruled Kashmir ...

Print Print: Updated May 15, 2024

ATIR rules approved: Special body formed to consult on PECA amendments

ISLAMABAD: The federal cabinet has decided to set up a special committee for consultation on amendments in Pakistan...

Print Print: Updated May 15, 2024

FBR proposes Rs1.3trn new taxation measures

Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors

Business & Finance Print: Updated May 15, 2024

Macroeconomic conditions improve during first half of fiscal year 2024

Sports Print: May 15, 2024

Pakistan beat Ireland to edge T20 series 2-1

DUBLIN: Pakistan dominated Ireland to claim a six-wicket win in their T20 series decider in Dublin on Tuesday....

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42
France CAC40 / May 14	8225.80
India Sensex / May 15	73025.23

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 15 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 15 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 15 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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