Home - Business Recorder

Published 13 Aug, 2026 07:16pm

Iran, US make competing claims over control of Strait of Hormuz

No vessel could transit Strait of Hormuz without Tehran’s permission, says Iran’s joint military command

Pakistan

Norwegian FM, Army Chief Munir discuss regional security, defence ties

Published 13 Aug, 2026 04:04pm

Markets

Oil falls on weaker demand outlook and higher US stocks

Updated 13 Aug, 2026 07:02pm

Business & Finance

SBP-held reserves rise $14m to $17.06bn

Published 13 Aug, 2026 07:36pm

Technology

Pakistan names first lunar rover ‘Jinnah-1’

Published 13 Aug, 2026 08:52pm

Business & Finance

Pakistan’s fiscal deficit narrows to 22-year low of 2.6% of GDP in FY26: Schehzad

Published 13 Aug, 2026 01:08pm

World

Pakistan, Turkiye, Saudi Arabia will form political, military mechanisms to coordinate under defence pact: Ankara

Published 13 Aug, 2026 02:25pm

Pakistan

Norway commends Pakistan’s ‘constructive role’ in Iran-US conflict

Updated 13 Aug, 2026 03:50pm

Markets

KSE-100 ends lower after volatile trading

Updated 13 Aug, 2026 07:55pm

Markets

Rupee records gain against US dollar

Updated 13 Aug, 2026 07:02pm

Pakistan

DPM Dar orders intensified diplomatic engagement to secure release of Pakistani hostages

Published 13 Aug, 2026 06:28pm

Must Read

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The economy can ill afford uncertainty

Editorials

The unfulfilled promise of equality

Opinion

Should Pakistan cultivate GMO crops?

Opinion

The fog of peace

Opinion

Private affluence, public poverty—II

BR Research

From selling solar to storing solar?

BR Research

Hala Enterprises Limited

Editorials

Unbundling the gas sector

Opinion

Private affluence, public poverty—I

World

Colombia woman's earthquake survival story gives son a birthday to remember

Opinion

Governance structure in Pakistan—II

Oil falls on weaker demand outlook and higher US stocks

Norwegian FM, Army Chief Munir discuss regional security, defence ties

First youth employment policy launched

PTA imposes Rs77.8mn fine on CM Pak for SIM geo-fencing breach

Gold price per tola drops Rs3,500 in Pakistan

EU changes GSP+ mechanism: MoC

From selling solar to storing solar?

Consumers of Discos & KE: Govt seeks to recover Rs34bn for Q2FY26

Iran, US make competing claims over control of Strait of Hormuz

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	277.86
USD PKR Interbank Buying / Aug 12	277.66
USD to Japanese Yen / Aug 13	159.33
USD to Swiss Franc / Aug 13	0.81
Pound Sterling to USD / Aug 13	1.35
Euro to USD / Aug 13	1.15
SOFR % / Aug 12	3.62

Stock	Volume
S&P 500 / Aug 12	7,748.50
Nasdaq / Aug 12	26,588.49
Dow Jones / Aug 12	53,770.27
India Sensex / Aug 13	77,689.35
Tokyo Nikkei / Aug 13	68,621.41
Hang Seng / Aug 13	25,406.75
FTSE 100 / Aug 13	10,788.71
Germany DAX 30 / Aug 13	26,428.08
France CAC40 / Aug 13	8,685.18

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 12	397,750
Petrol/Litre / Aug 13	324.98
Crude Oil USD/Barrel / Aug 13	82.94
Gold Spot USD/Ounce / Aug 13	4,386.51
Diesel/Litre / Aug 13	382.79
Cotton US¢/pound / Aug 13	83.85

Gainers
Losers
Leaders

Stock	Price
Gammon Pak / Aug 13 Gammon Pakistan Limited(GAMON)	28.25 ▲ 2.57 (10.01%)
Ideal Dynamics / Aug 13 Ideal Dynamics Limited(IDEAL)	49.13 ▲ 4.47 (10.01%)
Leather Up Ltd. / Aug 13 Leather Up Limited(LEUL)	49.58 ▲ 4.51 (10.01%)
Al-Khair Gadoon / Aug 13 Al-Khair Gadoon Limited(AKGL)	79.51 ▲ 7.23 (10%)
Arctic Textile / Aug 13 Arctic Textile Mills Limited(ARCTM)	47.19 ▲ 4.29 (10%)

Stock	Price
Supernet Tech. / Aug 13 Supernet Technologies Limited(STL)	29.87 ▼ -11.86 (-28.42%)
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	13.56 ▼ -1.51 (-10.02%)
Universal Ins. / Aug 13 The Universal Insurance Company Limited(UVIC)	20.71 ▼ -2.3 (-10%)
Mughal Energy / Aug 13 Mughal Energy Limited(GEM)(GEMMEL)	27.20 ▼ -2.72 (-9.09%)
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	5.11 ▼ -0.46 (-8.26%)

Stock	Volume
Cnergyico PK / Aug 13 Cnergyico PK Limited(CNERGY)	247,072,281 ▲ 0.57
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	103,802,064 ▼ -0.46
Pak Refinery / Aug 13 Pakistan Refinery Limited(PRL)	40,235,369 ▲ 5.93
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	39,092,471 ▼ -1.51
WorldCall Telecom / Aug 13 Worldcall Telecom Limited(WTL)	26,025,744 ▲ 0.01

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	277.86
USD PKR Interbank Buying / Aug 12	277.66
USD to Japanese Yen / Aug 13	159.33
USD to Swiss Franc / Aug 13	0.81
Pound Sterling to USD / Aug 13	1.35
Euro to USD / Aug 13	1.15
SOFR % / Aug 12	3.62

Stock	Volume
S&P 500 / Aug 12	7,748.50
Nasdaq / Aug 12	26,588.49
Dow Jones / Aug 12	53,770.27
India Sensex / Aug 13	77,689.35
Tokyo Nikkei / Aug 13	68,621.41
Hang Seng / Aug 13	25,406.75
FTSE 100 / Aug 13	10,788.71
Germany DAX 30 / Aug 13	26,428.08
France CAC40 / Aug 13	8,685.18

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 12	397,750
Petrol/Litre / Aug 13	324.98
Crude Oil USD/Barrel / Aug 13	82.94
Gold Spot USD/Ounce / Aug 13	4,386.51
Diesel/Litre / Aug 13	382.79
Cotton US¢/pound / Aug 13	83.85

Oil falls on weaker demand outlook and higher US stocks

Norwegian FM, Army Chief Munir discuss regional security, defence ties

First youth employment policy launched

PTA imposes Rs77.8mn fine on CM Pak for SIM geo-fencing breach

Gold price per tola drops Rs3,500 in Pakistan

EU changes GSP+ mechanism: MoC

From selling solar to storing solar?

Consumers of Discos & KE: Govt seeks to recover Rs34bn for Q2FY26

Iran, US make competing claims over control of Strait of Hormuz

Latest Videos

Some good news but challenges abound on privatisation front

Pakistan's tax system is anti-growth, says PBC chairman Ziad Bashir

FESCO privatization: Turkiye, China, Pakistan firms eye stake

Inflation returns to single digits. What comes next?

Pakistan no longer faces power generation shortage, says power minister

Business & Finance

Companies

Jockey India licensee's quarterly profit falls on higher expenses

The company posted a profit of 1.93 billion Indian rupees ($20.22 million)

Published 13 Aug, 2026 08:50pm

BR Research

From selling solar to storing solar?

Pakistan’s solar story is entering another awkward phase for grid planners. Net metering continues to climb at a...

Published 13 Aug, 2026 02:16am

SBP-held reserves rise $14m to $17.06bn

Total liquid foreign reserves stand at $22.498 billion as of August 7

Published 13 Aug, 2026 07:36pm

US sees ‘considerable potential’ for expanding AI ties with Pakistan

U.S. Chargé d’Affaires Natalie Baker has said that artificial intelligence (AI), advanced computing, semiconductors,... Updated 13 Aug, 2026 09:10pm

BR Research

Hala Enterprises Limited

Hala Enterprises Limited (PSX: HAEL) was incorporated in Pakistan as a private limited company and was subsequently...

Published 13 Aug, 2026 02:16am

Currency

Rupee records gain against US dollar

Settles at 277.65

Updated 13 Aug, 2026 07:02pm

Commodities

Gold price per tola drops Rs3,500 in Pakistan

International rate of gold declines by $35 to reach $4,380 per ounce

Updated 13 Aug, 2026 06:27pm

Cheap data, rising costs put Pakistan’s telecom economics in focus

Telecom industry assessments suggest that Pakistanis are consuming more mobile data than ever at some of the world’s... Updated 13 Aug, 2026 03:03pm

Currency

Pakistan explores use of digital assets, tokenisation for real estate and investment assets

Discussion covered opportunities to improve access to finance through greater use of digital platforms and more efficient processes.

Published 13 Aug, 2026 02:26pm

Petroleum levy collection surges to Rs1.57tr in FY26

Government has set an ambitious Petroleum Levy collection target of Rs1.676 trillion

Updated 13 Aug, 2026 06:38pm

BR Research

Cement: Local demand holds the fort

Pakistan’s cement industry entered FY27 with domestic demand doing the heavy lifting. Total dispatches increased 6...

Updated 12 Aug, 2026 07:22am

BR Research

Sana Industries Limited: performance and outlook

Sana Industries Limited (PSX: SNAI) was incorporated as a public limited company in 1985. The principal activity of...

Updated 12 Aug, 2026 07:30am

BR Research

Remittance momentum carries into FY27

The upbeat momentum in home remittances continues in the new fiscal year despite the government withdrawing the...

Updated 11 Aug, 2026 06:07am

BR Research

Ghani Value Glass Limited: performance and outlook

Ghani Value Glass Limited (PSX: GVGL) was incorporated in Pakistan as a public limited company in 1967. The company...

Updated 11 Aug, 2026 02:22pm

Pakistan

DPM Dar orders intensified diplomatic engagement to secure release of Pakistani hostages

DPM Dar leads urgent efforts, coordinating with global partners for the safe release of Pakistani citizens held hostage off the Somali coast. Published 13 Aug, 2026 06:28pm

Norwegian FM, Army Chief Munir discuss regional security, defence ties

Vow to expand engagements in defence and security domains

Published 13 Aug, 2026 04:04pm

Norway commends Pakistan’s ‘constructive role’ in Iran-US conflict

Pakistan-Norway bilateral ties including trade, investment, climate change, maritime affairs discussed during the meeting

Updated 13 Aug, 2026 03:50pm

2026-08-13-01-27

Petrol price cut by Re0.94, HSD’s hike by Re0.54

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has updated ex-depot fuel prices, offering minor relief to... Published 13 Aug, 2026 02:16am

2026-08-13-01-06

Ambassador-designate to Libya directed to focus on trade

ISLAMABAD: President Asif Ali Zardari has directed Pakistan’s Ambassador-designate to Libya, Maj. Gen Mumtaz Hussain... Published 13 Aug, 2026 02:16am

2026-08-13-01-06

Aurangzeb discusses economic ties with Belarusian minister

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Denis Moroz,... Published 13 Aug, 2026 02:16am

World

Middle East

Iran, US make competing claims over control of Strait of Hormuz

No vessel could transit Strait of Hormuz without Tehran’s permission, says Iran’s joint military command

Published 13 Aug, 2026 07:16pm

USA

US flags dozens of trade partners as risks for aiding tariff evasion

The White House report takes aim at its longstanding concern surrounding 'illegal transshipment,' where goods could be sent through a third country

Published 13 Aug, 2026 08:26pm

South Asia

Noel Tata emerges as power broker in group's succession, listing decisions

Quietly rising, Noel Tata, chairman of Tata Trusts, now holds the decisive say in choosing Tata Sons' next leader and its potential public listing.

Published 13 Aug, 2026 08:44pm

Middle East

Iran calls for compensation after Hormuz oil spill

Iran demands compensation for an oil spill on Qeshm island, blaming a foreign vessel, though some reports suggest an earlier attack was the cause.

Published 13 Aug, 2026 08:34pm

South Asia

India clears law to curb new state taxes on mining

The bill aims to create a uniform tax framework for the mining sector

Published 13 Aug, 2026 08:47pm

Editorials

The economy can ill afford uncertainty

EDITORIAL: The sudden debate over creating new provinces and administrative units has generated days of political...

The unfulfilled promise of equality

EDITORIAL: National Minorities Day is observed in Pakistan each August 11 to commemorate Quaid-e-Azam Muhammad Ali...

Unbundling the gas sector

EDITORIAL: The government’s plan to unbundle Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company...

The Makkah Accord: the three countries bring much to the table

EDITORIAL: On the 7 August with the eyes of the world focused on Makkah the heads of government of the three largest...

Ending torture

EDITORIAL: The Human Rights Commission of Pakistan’s observation, at a roundtable held as part of its Against...

Opinion

Should Pakistan cultivate GMO crops?

Shamsul Islam Khan

GMO cultivation will further worsen the ecosystem of our agronomy

The company posted a profit of 1.93 billion Indian rupees ($20.22 million)

Published 13 Aug, 2026 08:50pm

Life & Style

Bella Ramsey finds their tribe in teen cancer comedy-drama 'Sunny Dancer'

The Miami captain flew back to Florida from Argentina on Tuesday night after attending the funeral of his father

Published 13 Aug, 2026 12:30pm

Sports

Iga Swiatek sinks Svitolina to set up Rybakina title clash in Toronto

The Netherlands had topped their group by defeating Sweden and Tunisia following a draw with Japan

Published 13 Aug, 2026 11:40am

Sports

Zverev says cutting Masters events to one week is an easy fix for crowded calendar

Published 13 Aug, 2026 11:35am

Sports

Bangladesh leave Australia reeling at 183-8 at tea

Published 13 Aug, 2026 11:10am

Most Popular

Most Popular

Some good news but challenges abound on privatisation front

Pakistan's tax system is anti-growth, says PBC chairman Ziad Bashir

FESCO privatization: Turkiye, China, Pakistan firms eye stake

Inflation returns to single digits. What comes next?

Pakistan no longer faces power generation shortage, says power minister