Home - Business Recorder

Updated 08 Oct, 2024 01:20pm

CPEC power projects: All set to ink $16bn debt re-profiling pacts during Li’s visit

Government of Pakistan (GoP) has proposed debt reprofiling for CPEC projects under a win-win arrangement

Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

Updated 08 Oct, 2024 09:29am

Markets

Intra-day update: rupee registers gain against US dollar

Updated 08 Oct, 2024 01:07pm

World

Israel-Hezbollah fighting intensifies, Hamas vows to rise again

Updated 08 Oct, 2024 01:13pm

Working group to be formed to project country’s stance globally

Updated 08 Oct, 2024 08:48am

Markets

Dawood Lawrencepur transfers 100% stake in Reon Energy to Juniper International

Published 08 Oct, 2024 01:18pm

CCP grants approval: PSPC acquires 100pc equity stakes in NSPC

Updated 08 Oct, 2024 09:27am

Telecom services deteriorate as CMOs meet KPIs partially

Updated 08 Oct, 2024 09:24am

Markets

Oil retreats as investors pare bets on Middle East war risk after sharp rally

Updated 08 Oct, 2024 01:23pm

Gang exploits dormant taxpayer identities to commit Rs81bn fraud

Updated 08 Oct, 2024 09:23am

Ministry seeks proposals from REAP with a view to achieving export target

Updated 08 Oct, 2024 09:10am

Must Read

Editorials

World Bank places Pakistan in fourth quintile

Opinion

Emerging negative factors

Opinion

Battlefield Islamabad

BR Research

Startups funding reviving?

Opinion

The impact of reduced cotton production on rural economies and country’s balance of payments

Business & Finance

Regal Automobiles gets nod to manufacture Pakistan’s first electric SUV, price set at Rs8.399mn

Editorials

The logjam in the economy continues

World

‘Year of suffering’: Gazans tired on October 7 anniversary

Opinion

Is de-dollarisation on the move?

Opinion

Transforming maturity profile of domestic debt

BR Research

‘The solar push: flying too close to the sun?’

Recorder headlines

Recorder headlines: October 07, 2024 (9pm)

Mohsin Naqvi visits Chinese Embassy, expresses condolence over Karachi bombing

President Zardari urges international community to stop Israeli adventurism, restore peace

56 Pakistani prisoners return home from Sri Lanka

Recorder headlines

Saudi delegation, led by investment minister, to visit Pakistan on October 9: FO

Recorder headlines

‘Missing’ CM Ali Amin Gandapur reaches Khyber Pakhtunkhwa (KP) Assembly

Funeral prayer for Islamabad police constable Abdul Hameed Shah

Budget 2024-25: income tax calculator for FY25

Beijing calls for investigation after two Chinese nationals killed in Karachi airport blast

NJLI Sarmaya Growth Fund Rates

‘The solar push: flying too close to the sun?’

Led by oil & gas sector, KSE-100 gains nearly 1,400 points to settle at record high

14 business categories: FTO issues notice to FBR on compulsory integration

Many filed income tax returns thru ‘FTO desk’

Transforming maturity profile of domestic debt

1,320 MW coal plant: PQEPC threatens to halt operations

Rebasing of electricity tariffs likely from Jan 1

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 8	277.70
USD PKR Interbank Buying / Oct 8	277.45
USD to Japanese Yen / Oct 8	148.02
USD to Swiss Franc / Oct 8	0.85
Pound Sterling to USD / Oct 8	1.31
Euro to USD / Oct 8	1.10

Stock	Volume
S&P 500 / Oct 8	5,695.94
India Sensex / Oct 8	81,561.53
Tokyo Nikkei / Oct 8	38,930.78
Nasdaq / Oct 8	17,923.91
Hang Seng / Oct 8	21,370.60
FTSE 100 / Oct 8	8,303.62
Dow Jones / Oct 8	41,954.24
Germany DAX 30 / Oct 8	19,104.10

Item	Value
Petrol/Litre / Oct 8	247.03
Crude Oil USD/Barrel / Oct 8	75.84
Karachi Cotton PKR/37.32 KG / Oct 8	18,485
Gold 10 Grams PKR / Oct 8	236,715.30
Gold Spot USD/Ounce / Oct 8	2,646.05
Diesel/Litre / Oct 8	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Recorder headlines

Recorder headlines: October 07, 2024 (9pm)

Mohsin Naqvi visits Chinese Embassy, expresses condolence over Karachi bombing

President Zardari urges international community to stop Israeli adventurism, restore peace

56 Pakistani prisoners return home from Sri Lanka

Recorder headlines

Saudi delegation, led by investment minister, to visit Pakistan on October 9: FO

Recorder headlines

‘Missing’ CM Ali Amin Gandapur reaches Khyber Pakhtunkhwa (KP) Assembly

Funeral prayer for Islamabad police constable Abdul Hameed Shah

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 8	277.70
USD PKR Interbank Buying / Oct 8	277.45
USD to Japanese Yen / Oct 8	148.02
USD to Swiss Franc / Oct 8	0.85
Pound Sterling to USD / Oct 8	1.31
Euro to USD / Oct 8	1.10

Stock	Volume
S&P 500 / Oct 8	5,695.94
India Sensex / Oct 8	81,561.53
Tokyo Nikkei / Oct 8	38,930.78
Nasdaq / Oct 8	17,923.91
Hang Seng / Oct 8	21,370.60
FTSE 100 / Oct 8	8,303.62
Dow Jones / Oct 8	41,954.24
Germany DAX 30 / Oct 8	19,104.10

Item	Value
Petrol/Litre / Oct 8	247.03
Crude Oil USD/Barrel / Oct 8	75.84
Karachi Cotton PKR/37.32 KG / Oct 8	18,485
Gold 10 Grams PKR / Oct 8	236,715.30
Gold Spot USD/Ounce / Oct 8	2,646.05
Diesel/Litre / Oct 8	246.29

Beijing calls for investigation after two Chinese nationals killed in Karachi airport blast

NJLI Sarmaya Growth Fund Rates

‘The solar push: flying too close to the sun?’

Led by oil & gas sector, KSE-100 gains nearly 1,400 points to settle at record high

14 business categories: FTO issues notice to FBR on compulsory integration

Many filed income tax returns thru ‘FTO desk’

Transforming maturity profile of domestic debt

1,320 MW coal plant: PQEPC threatens to halt operations

Rebasing of electricity tariffs likely from Jan 1

Business & Finance

Energy

Dawood Lawrencepur transfers 100% stake in Reon Energy to Juniper International

Dawood Lawrencepur Limited (DLL) has transferred its entire shareholding in Reon Energy Limited (REL) to Juniper... Published 08 Oct, 2024 01:18pm

BR Research

Startups funding reviving?

After the boom in venture capital (VC) funding, the local startup scene entered a “funding winter,” with 2023 being...

Published 08 Oct, 2024 09:01am

Forex

Intra-day update: rupee registers gain against US dollar

Currency hovers at 277-278 level in inter-bank market

Updated 08 Oct, 2024 01:07pm

2024-10-08-03-09

SECP registers 2,617 new companies in September

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,617 new companies during September... Published 08 Oct, 2024 06:46am

BR Research

Cement: No giving up

It’s not just textiles, folks. The cement industry is witnessing an impressive run in expanding its exports to...

Published 08 Oct, 2024 08:58am

2024-10-08-03-09

Pakistan needs to finance budget deficit thru external borrowing, non-bank borrowing: study

ISLAMABAD: Pakistan needs to finance the budget deficit through external borrowing and non-bank borrowing as these... Published 08 Oct, 2024 06:46am

2024-10-08-03-09

Market outlook event: Economic outlook improved in this fiscal: experts

KARACHI: Pakistan's economic outlook has improved since the start of this fiscal year, experts said in a Market... Published 08 Oct, 2024 06:46am

Energy

Oil rises 3pc as ME war risk makes investors cautious

NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Published 08 Oct, 2024 06:57am

2024-10-08-01-15

Exploration, uplift: PPL Asia reaches settlement with MdOC

KARACHI: PPL Asia, a subsidiary of Pakistan Petroleum Limited (PPL) has reached a settlement with Iraq’s... Published 08 Oct, 2024 06:46am

2024-10-08-01-15

Portuguese businesspeople urged to invest in Punjab’s tourism sector

LAHORE: Inaugurating the ‘CM Transport Program for Women in Girls Colleges’, Chief Minister Punjab Maryam Nawaz... Updated 08 Oct, 2024 07:17am

BR Research

Millat Tractors Limited

Millat Tractors Limited (PSX: MTL) is a public limited company incorporated in Pakistan in 1964. MTL is engaged in...

Published 08 Oct, 2024 08:56am

BR Research

‘The solar push: flying too close to the sun?’

Pakistan’s energy sector is quickly hitting an impasse with solarization. On one hand is the surging interest in net...

Published 07 Oct, 2024 09:15am

BR Research

Wholesale inflation: Multiyear low

Single-digit inflation is the talk of the town, and the Wholesale Price Index (WPI) joins the race like never...

Published 07 Oct, 2024 09:09am

BR Research

Most Popular

Most Popular