Home - Business Recorder

Updated 20 Jun, 2025 08:43pm

Iran says no nuclear talks under Israeli fire, Trump considers options

Iran launches at least one new barrage of missiles against Israel early on Friday

Pakistan

PM Shehbaz speaks with the US Secretary of State Marco Rubio

Published 20 Jun, 2025 07:52pm

Markets

KSE-100 Index closes flat after volatile trading

Updated 20 Jun, 2025 10:09pm

Markets

Budget FY25-26: Finance bill still being discussed, says FBR

Published 20 Jun, 2025 10:20pm

Markets

SBP injects record high Rs14.3trn in banks for seven days

Published 20 Jun, 2025 10:33pm

Markets

Rupee registers marginal decline against US dollar

Updated 20 Jun, 2025 06:53pm

Markets

Lucky Cement says ‘unidentified flying object’ hit Iraq plant

Updated 20 Jun, 2025 10:09pm

Business & Finance

EU imposes measures to curb ethanol imports from Pakistan

Published 20 Jun, 2025 07:34pm

Pakistan

Pakistan signs $4.5bn loans with local banks to ease power sector debt

Updated 20 Jun, 2025 10:08pm

Pakistan

PIA special flight repatriates 121 stranded Pakistanis from Iran via Baku

Updated 20 Jun, 2025 10:08pm

Pakistan

Another mild earthquake jolts Karachi

Published 20 Jun, 2025 07:22pm

Must Read

Live

IRAN-ISRAEL WAR: Trump to decide on US action in Israel-Iran war within two weeks

Markets

Pakistan launches National Electric Vehicle Policy 2025-30

BR Research

Cement price dynamics

Perspectives

Iran-Israel tensions threaten Pakistan’s fragile economic recovery

Life & Style

Netizens troll Macron’s post about Rafale jet reminding of Pak-India skirmish

World

As death toll rises, Gazans make life-risking journeys to seek food

Editorials

KPK budget FY26

Pakistan

Pakistan salaried class rejects govt’s claim of giving relief in income tax

Budget 2025-26

Taxing safety, subsidising risk

Opinion

Policy issues in the EFF programme — III

Opinion

An appraisal of provincial budgets

Trump to decide on US action in Israel-Iran war within two weeks, White House says

Trump praises Field Marshal over ceasefire with India

IMF agreed to spare agriculture sector from taxes, says PM Shehbaz

Pakistan launches National Electric Vehicle Policy 2025-30

PD tells NA body Rs2.50/litre carbon levy to apply from July 1

Pakistan salaried class rejects govt’s claim of giving relief in income tax

PIACL shares along with management control: Eight potential buyers submit EOIs to PC

Petroleum products: Senate body rejects Rs2.50/litre carbon levy

Solar power: Curb the bigger beast of net-metering first

Fauji Fertilizer Company Limited

Nishat Mills Limited

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35

Markets →

Trump to decide on US action in Israel-Iran war within two weeks, White House says

Trump praises Field Marshal over ceasefire with India

IMF agreed to spare agriculture sector from taxes, says PM Shehbaz

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Pakistan launches National Electric Vehicle Policy 2025-30

PD tells NA body Rs2.50/litre carbon levy to apply from July 1

Pakistan salaried class rejects govt’s claim of giving relief in income tax

PIACL shares along with management control: Eight potential buyers submit EOIs to PC

Petroleum products: Senate body rejects Rs2.50/litre carbon levy

Solar power: Curb the bigger beast of net-metering first

Fauji Fertilizer Company Limited

Nishat Mills Limited

Business & Finance

Money & Banking

SBP injects record high Rs14.3trn in banks for seven days

The State Bank of Pakistan (SBP) has injected a record high Rs14.3 trillion in conventional commercial and... Published 20 Jun, 2025 10:33pm

BR Research

Cement price dynamics

Cement prices have been on a whirlwind and consumers should get used to it, if they haven’t already. Once again...

Published 20 Jun, 2025 06:20am

Taxes

Budget FY25-26: Finance bill still being discussed, says FBR

The Federal Board of Revenue (FBR) on Friday said the Finance Bill 2025 was still being discussed in the National... Published 20 Jun, 2025 10:20pm

Companies

Lucky Cement says ‘unidentified flying object’ hit Iraq plant

Lucky Cement Limited issued on Friday a clarification to the Pakistan Stock Exchange (PSX) to address what it called... Updated 20 Jun, 2025 10:09pm

BR Research

Taxing safety, subsidising risk

The government says it does not want to reward risk-averse investors. It wants to encourage risk takers instead. ...

Published 20 Jun, 2025 06:20am

EU imposes measures to curb ethanol imports from Pakistan

PARIS: The European Commission has ended tariff preferences for non-fuel ethanol imports from Pakistan, answering EU... Published 20 Jun, 2025 07:34pm

Pakistan signs $4.5bn loans with local banks to ease power sector debt

KARACHI: Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50... Updated 20 Jun, 2025 10:08pm

Govt launches Rs180mn Skardu International Airport upgrade project

The government has formally launched the upgrade project of Skardu International Airport, marking a key milestone in... Published 20 Jun, 2025 05:20pm

Companies

Adamjee Insurance to divest 6.5% stake in subsidiary

Adamjee Insurance Company Limited (AICL) has announced to divest 6.5% of its shareholding, amounting to 16.25... Published 20 Jun, 2025 03:53pm

Bullion Rate

Gold price per tola falls Rs1,595 in Pakistan

Gold prices in Pakistan decreased on Friday in line with their fall in the international market. In the local... Updated 20 Jun, 2025 06:26pm

BR Research

Attock Cement Pakistan Limited

Attock Cement Pakistan Limited (PSX: ACPL) was incorporated in Pakistan as a public limited company in 1981. The...

Updated 20 Jun, 2025 09:16am

BR Research

Fauji Fertilizer Company Limited

Fauji Fertilizer Company Limited (PSX: FFC) is incorporated in Pakistan as a public limited company. The company is...

Updated 19 Jun, 2025 09:06am

BR Research

Solar power: Curb the bigger beast of net-metering first

News is out that the National Assembly Standing Committee on Finance has unanimously rejected the proposed 18 ...

Updated 19 Jun, 2025 09:08am

BR Research

Current account: Surplus on borrowed time?

After a brief surplus stint in April 2025, Pakistan’s current account has slipped back into deficit — clocking...

Updated 19 Jun, 2025 08:55am

Pakistan

PM Shehbaz speaks with the US Secretary of State Marco Rubio

Prime Minister Shehbaz Sharif received a telephone call from U.S. Secretary of State Marco Rubio this evening, the... Published 20 Jun, 2025 07:52pm

Another mild earthquake jolts Karachi

Another mild earthquake jolted parts of Karachi on Friday evening, the Pakistan Meteorological Department (PMD)... Published 20 Jun, 2025 07:22pm

Pakistan signs $4.5bn loans with local banks to ease power sector debt

KARACHI: Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50... Updated 20 Jun, 2025 10:08pm

PIA special flight repatriates 121 stranded Pakistanis from Iran via Baku

A second special repatriation flight operated by Pakistan International Airlines (PIA) safely brought home 121... Updated 20 Jun, 2025 10:08pm

Field Marshal underscores potential for broader US-Pakistan ties

Chief of Army Staff (COAS), Field Marshal Syed Asim Munir has underscored the immense potential for a broader,... Published 20 Jun, 2025 01:44pm

EU and Pakistan hold talks on global, regional peace and strategic stability

The EU and Pakistan engaged on Friday in a comprehensive exchange of views on issues related to international and... Updated 20 Jun, 2025 02:03pm

World

USA

Trump says Europe will not be able to help much with Iran-Israel war

WASHINGTON: U.S. President Donald Trump said on Friday that Europe would not be able to help much in the war between... Published 21 Jun, 2025 01:35am

Middle East

In Istanbul, top Arab League diplomats discuss Iran-Israel war

ISTANBUL: Arab League foreign ministers gathered in Istanbul late Friday to discuss the escalating war between Iran... Published 21 Jun, 2025 01:22am

Middle East

5.1-magnitude quake rattles northern Iran amid Israel war: USGS

TEHRAN: A 5.1-magnitude earthquake shook northern Iran on Friday, the US Geological Survey said, as Israel pounded... Updated 21 Jun, 2025 01:25am

Europe

European powers urge Iran to continue US nuclear talks

GENEVA: European powers on Friday urged Iran to continue diplomacy with the United States to find a solution in the... Published 20 Jun, 2025 11:39pm

Middle East

Guterres urges ‘give peace a chance’ in Israel-Iran conflict

UN Secretary-General Antonio Guterres warned on Friday that expansion of the Israel-Iran conflict could ignite a... Published 20 Jun, 2025 08:24pm

Editorials

KPK budget FY26

EDITORIAL: Khyber Pakhtunkhwa (KPK) unveiled a 2119 billion-rupee budget outlay for next fiscal year with a ...

Meeting the water scarcity threat

EDITORIAL: For a problem of such scale as funding mega storage dams to deal with India’s water aggression, ...

Maintaining the policy rate

EDITORIAL: The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 11 percent in spite of ...

Absurd claims

EDITORIAL: Disinformation campaigns are a well-established tool used by various state and non-state actors to...

Punjab budget

EDITORIAL: Punjab Finance Minister Mian Mujtaba Shujaur Rehman has presented a 5.33 trillion-rupees budget with a ...

Opinion

An appraisal of provincial budgets

Huzaima Bukhari | Abdul Rauf Shakoori | Dr Ikramul Haq

Provincial budgets for Punjab, Sindh, and Khyber Pakhtunkhwa for the fiscal year (FY) 2025–26 reflect a precarious...

Policy issues in the EFF programme — III

Dr Omer Javed

Covid-19 pandemic, and then the catastrophic floods in 2022, both of which had significant climate change causality...

Budget FY26: balancing social sector priorities amid fiscal constraints

Khadija Hasan

Pakistan’s federal budget for FY2025-26 has come at a critical time. The country is going through a fragile phase...

Beyond poverty alleviation: crafting a comprehensive social policy for all

Muhammad Aqib Zardad

Social policy, whether taken as a sectoral policy or as a policy of issues depending upon the specifics of the...

Perspectives

Iran-Israel tensions threaten Pakistan’s fragile economic recovery

Faiza Virani

The world is holding its breath as tensions between Iran and Israel reach a boiling point. What began as a shadow...

Stability or survival? The truth behind economic optimism

Dr Ghulam Mohey-Ud-Din

Celebrating the “success” of IMF discussions, the Prime Minister of Pakistan, has tried to paint an optimistic...

Sustainable path to $100 billion textile exports

Naeem A Butt

The Government of Pakistan appreciates the proactive engagement of textile sector associations in highlighting the...

Life Style

Netizens troll Macron’s post about Rafale jet reminding of Pak-India skirmish

Paris Air Show will wrap on June 22

Updated 20 Jun, 2025 06:34pm

Life & Style

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