Home - Business Recorder

Updated 14 Dec, 2024 04:35pm

New corridors being added: Minister unveils plans for CPEC upgrade in Phase-II

China-Pakistan Economic Corridor stands as symbol of deep, enduring friendship between two countries, Ahsan Iqbal says

Special Economic Zones: Entities asked to address issues facing investors

Updated 14 Dec, 2024 04:03pm

Chinese investors ink five MoUs in Karachi

Updated 14 Dec, 2024 04:14pm

Business & Finance

Ministry refutes report World Bank cancelled Pakistan loan

Updated 14 Dec, 2024 04:28pm

Govt envisages increasing IT sector exports to $4.2bn

Updated 14 Dec, 2024 02:26pm

World

South Korea lawmakers vote to impeach President Yoon over martial law bid

Updated 14 Dec, 2024 01:39pm

Sports

Mohammad Amir announces retirement from international cricket again

Updated 14 Dec, 2024 04:28pm

DPF jumps 48pc to Rs148bn by FY24-end

Updated 14 Dec, 2024 02:26pm

World

Canada says it will respond robustly if US imposes tariffs

Updated 14 Dec, 2024 04:43pm

World

Iran will not impede IAEA access, head of its atomic organisation says

Published 14 Dec, 2024 01:22pm

Madrassah registration: President says ‘new law is unnecessary’

Updated 14 Dec, 2024 04:45pm

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Dubai’s real estate sector is evolving, moving towards ‘branded residences’

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Unlocking Pakistan’s potential in medical technology

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Recorder headlines

Plane carrying 318 stranded Pakistanis in Syria lands in Pakistan

Recorder headlines

D-Chowk protest: PTI’s Gohar demands probe into alleged deaths

Budget 2024-25: income tax calculator for FY25

NJLI Sarmaya Growth Fund Rates

Monetary policy: Balancing rate cuts and inflation

Gold prices fall

Special Economic Zones: Entities asked to address issues facing investors

World Bank approves $240mn for WASH services in Karachi

Chinese investors ink five MoUs in Karachi

Captive power plants: Govt talking with IMF, others to avoid closure

DPF jumps 48pc to Rs148bn by FY24-end

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	153.65
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.26
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 13	6,051.09
India Sensex / Dec 13	82,133.12
Tokyo Nikkei / Dec 13	39,470.44
Nasdaq / Dec 13	19,926.72
Hang Seng / Dec 13	19,971.24
FTSE 100 / Dec 13	8,300.33
Dow Jones / Dec 13	44,828.06
Germany DAX 30 / Dec 13	20,405.92

Item	Value
Crude Oil USD/Barrel / Dec 13	71.29
Karachi Cotton PKR/37.32 KG / Dec 13	17,585
Gold 10 Grams PKR / Dec 13	242,373.80
Gold Spot USD/Ounce / Dec 13	2,648.23
Cotton US¢/pound / Dec 13	69.27
Petrol/Litre / Dec 14	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 13 786 Investments Limited(786)	8.07 ▲ 1.00 (14.14%)
F.Credit & Inv / Dec 13 First Credit and Investment Bank Limited(FCIBL)	8.69 ▲ 1.00 (13.00%)
LSE Financial Serv. / Dec 13 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 13 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 13 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)

Stock	Price
First Capital Equities / Dec 13 First Capital Equities Limited(FCEL)	5 ▼ -0.76 (-13.19%)
Blue-Ex Ltd / Dec 13 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
Crescent Fib. / Dec 13 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Mughal Energy / Dec 13 Mughal Energy Limited(GEM)(GEMMEL)	21 ▼ -1.65 (-7.28%)
Askari Bank / Dec 13 Askari Bank Limited(AKBL)	37.56 ▼ -2.93 (-7.24%)

Stock	Volume
WorldCall Telecom / Dec 13 Worldcall Telecom Limited(WTL)	232,925,553 ▼ -0.01
Cnergyico PK / Dec 13 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.14
Pak Int.Bulk / Dec 13 Pakistan International Bulk Terminal(PIBTL)	75,005,438 ▲ 0.61
K-Electric Ltd. / Dec 13 K-Electric Limited(KEL)	59,689,845 ▲ 0.06
Fauji Foods Ltd / Dec 13 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.03

Markets →

Recorder headlines

Plane carrying 318 stranded Pakistanis in Syria lands in Pakistan

Recorder headlines

D-Chowk protest: PTI’s Gohar demands probe into alleged deaths

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	153.65
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.26
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 13	6,051.09
India Sensex / Dec 13	82,133.12
Tokyo Nikkei / Dec 13	39,470.44
Nasdaq / Dec 13	19,926.72
Hang Seng / Dec 13	19,971.24
FTSE 100 / Dec 13	8,300.33
Dow Jones / Dec 13	44,828.06
Germany DAX 30 / Dec 13	20,405.92

Item	Value
Crude Oil USD/Barrel / Dec 13	71.29
Karachi Cotton PKR/37.32 KG / Dec 13	17,585
Gold 10 Grams PKR / Dec 13	242,373.80
Gold Spot USD/Ounce / Dec 13	2,648.23
Cotton US¢/pound / Dec 13	69.27
Petrol/Litre / Dec 14	252.10

NJLI Sarmaya Growth Fund Rates

Monetary policy: Balancing rate cuts and inflation

Gold prices fall

Special Economic Zones: Entities asked to address issues facing investors

World Bank approves $240mn for WASH services in Karachi

Chinese investors ink five MoUs in Karachi

Captive power plants: Govt talking with IMF, others to avoid closure

DPF jumps 48pc to Rs148bn by FY24-end

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Business & Finance

Ministry refutes report World Bank cancelled Pakistan loan

The Ministry of Economic Affairs has refuted a report claiming that the World Bank (WB) cancelled an over $500... Updated 14 Dec, 2024 04:28pm

BR Research

Monetary policy: Balancing rate cuts and inflation

The monetary policy is due on Monday. The market rates (T-Bills and KIBOR) have already plummeted, making the...

Published 13 Dec, 2024 08:24am

Energy

PM orders reduction in power tariffs

ISLAMABAD: In a bid to bring down the soaring electricity tariffs, Prime Minister Shehbaz Sharif directed the... Published 14 Dec, 2024 06:46am

2024-12-14-04-00

MPS on Monday

KARACHI: The Monetary Policy Committee (MPC) of the SBP will meet on Monday (Dec 16) 2024 to decide the monetary... Published 14 Dec, 2024 06:46am

BR Research

Unlocking Pakistan’s potential in medical technology

Pakistan’s journey in precision engineering, particularly in the medical technology sector, reflects both immense...

Published 13 Dec, 2024 08:27am

Agriculture and Allied

Sufficient fertiliser stock available

ISLAMABAD: A high-level Cabinet Committee has observed on Friday that there are sufficient and stable stocks of... Published 14 Dec, 2024 06:46am

2024-12-14-03-50

World Bank approves $240m for Karachi’s water & sanitation project

KARACHI: The World Bank has approved $240 million to improve water and sewerage services in Karachi through the... Published 14 Dec, 2024 07:34am

2024-12-14-03-14

Use of AI: Minister for global regulatory framework

ISLAMABAD: Federal Minister for Information Attaullah Tarar emphasised the need for a global regulatory framework to... Published 14 Dec, 2024 07:55am

2024-12-14-03-14

KATI urges SBP to cut policy rate by 500bps

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi Friday urged the State Bank... Published 14 Dec, 2024 08:09am

2024-12-14-03-14

Indonesia wants to promote trade with Pakistan: CG

KARACHI: Indonesian Acting Consul General Teguh Wiweko is optimistic about the potential for promoting trade between... Published 14 Dec, 2024 08:10am