Home - Business Recorder

Updated 07 Apr, 2022 02:07pm

Supreme Court resumes hearing on dismissal of no-trust vote

Chief justice had sought the record of the National Security Council meeting from the government's legal team on Wednesday

Punjab rapidly descending into deeper malaise

Updated 07 Apr, 2022 10:14am

Sindh PA adopts resolution against NA deputy speaker’s ruling on no-trust motion

Updated 07 Apr, 2022 10:19am

PPRA board accords approval: MoU signed in compliance with IMF’s conditions

Updated 07 Apr, 2022 11:06am

Benami properties in capital: Investigation hits a snag

Updated 07 Apr, 2022 10:53am

Caretaker setup empowered to procure new loans

Updated 07 Apr, 2022 10:54am

Partial clearance of dues: Govt approves Rs182bn for GPPs

Updated 07 Apr, 2022 11:04am

Business & Finance

Yellen says Russia should be expelled from G20, U.S. may boycott some meetings

Published 07 Apr, 2022 11:10am

Business & Finance

Samsung forecasts Q1 operating profit up 50.3% year-on-year

Published 07 Apr, 2022 11:34am

Cement exports: Manufacturers, revenue collection, FX reserves affected badly by decline

Updated 07 Apr, 2022 11:03am

SC likely to rule today on Imran blocking his own ouster

Updated 07 Apr, 2022 01:47pm

Must Read

Editorials

Power load-shedding in Ramazan

BR Research

Mapping political footprint in sugar: 3 years later

Opinion

Banana republic?

BR Research

Autos: Lose-lose situation

Editorials

The Fund’s seventh review

Editorials

Early elections: challenges

Opinion

Who is a true patriot?

BR Research

How did daily wagers fare?

Business & Finance

Luxury watchmakers face soaring demand, but there isn't enough time

Pakistan

PTV remains under PTI control even after NA dissolution

Editorials

PTI govt: legacy and lessons learned

7th review of EFF: IMF says will enquire over programme engagement with new govt

Automart: car prices in Karachi

APAC Managing Director of Binomo talks about growth in financial trading

Cut in prices of petrol, diesel: PM’s relief package termed ‘unsustainable’

Less than 30 days is all it took: Pakistan's road to political upheaval

Export-oriented sector: MoF for linking subsidies to higher growth

All eyes on apex court to see how it will end impasse

Second phase of CPEC: Chinese shelve investment plans due to political uncertainty

More and more bad news

After IMC and Honda, Pak Suzuki jacks up car prices

7th review of EFF: IMF says will enquire over programme engagement with new govt

Automart: car prices in Karachi

Alternative currency-based payment mechanism with Iran on the cards

Export-oriented sector: MoF for linking subsidies to higher growth

Less than 30 days is all it took: Pakistan's road to political upheaval

PPL won’t award LNG cargoes for April, May

APAC Managing Director of Binomo talks about growth in financial trading

Pakistani tycoons: nationalisation fears

After IMC and Honda, Pak Suzuki jacks up car prices

External vulnerability index of countries

Rupee falls to yet another all-time low against US dollar

Pakistani tycoons: nationalisation fears

ICT exports: slowdown looming?

Power load-shedding may stay in Ramazan

Careem Pay gets SBP’s In-Principle Approval for EMI licence

Alternative currency-based payment mechanism with Iran on the cards

MoF’s monthly outlook: Domestic, world scenarios may ‘ramify economic recovery’

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 7	186.20
USD PKR Interbank Buying / Apr 7	186.10
USD to Japanese Yen / Apr 7	123.59
USD to Swiss Franc / Apr 7	0.93
Pound Sterling to USD / Apr 7	1.31
Euro to USD / Apr 7	1.09
UK LIBOR % / Apr 7	0.33

Stock	Volume
S&P 500 / Apr 7	4481.15
India Sensex / Apr 7	59610.41
Tokyo Nikkei / Apr 7	26813.71
Nasdaq / Apr 7	13888.82
Hang Seng / Apr 7	22080.52
FTSE 100 / Apr 7	7587.70
Dow Jones / Apr 7	34496.51
Germany DAX 30 / Apr 7	14151.69
France CAC40 / Apr 7	6498.83

Item	Value
Crude Oil / Apr 7	97.39
Karachi Cotton Assoc. / Apr 7	20680.00
Gold 10 Grams / Apr 7	113855.00
Gold Spot / Apr 7	1928.80
Cotton / Apr 7	135.69

Gainers
Losers
Leaders

Stock	Price
Popular Islamic / Apr 7 Popular Islamic Modaraba(PIM)	9.01 ▲ 1.00 (12.48%)
Hala Enterprise / Apr 7 Hala Enterprises Limited(HAEL)	7.89 ▲ 0.86 (12.23%)
Pak Gen.Ins. / Apr 7 The Pakistan General Insurance Co. Ltd.(PKGI)	11.40 ▲ 0.80 (7.55%)
Pak Reinsurance / Apr 7 Pakistan Reinsurance Company Limited(PAKRI)	25.50 ▲ 1.77 (7.46%)
Ideal Sp. / Apr 7 Ideal Spinning Mills Limited(IDSM)	32.19 ▲ 2.19 (7.30%)
Engro Powergen / Apr 7 Engro Powergen Qadirpur Limited(EPQL)	27.27 ▲ 1.84 (7.24%)
Shahtaj Textile / Apr 7 Shahtaj Textile Limited(STJT)	100.89 ▲ 6.64 (7.05%)
Idrees Tex. / Apr 7 Idrees Textile Mills Limited(IDRT)	18.20 ▲ 1.19 (7.00%)
Adam Sugar / Apr 7 Adam Sugar Mills Limited(ADAMS)	40.40 ▲ 2.40 (6.32%)
Wah-Noble / Apr 7 Wah Noble Chemicals Limited(WAHN)	200.00 ▲ 11.56 (6.13%)

Stock	Price
Premier Ins. / Apr 7 Premier Insurance Limited(PINL)	4.26 ▲ -0.89 (-17.28%)
Highnoon (Lab) / Apr 7 Highnoon Laboratories Limited(HINOON)	562.50 ▲ -76.45 (-11.96%)
Dewan Farooque Sp. / Apr 7 Dewan Farooque Spinning Mills Limited(DFSM)	2.74 ▲ -0.33 (-10.75%)
Jahangir Sidd(Pref) / Apr 7 Jahangir Sidd(Pref)(JSCLPSA)	7.50 ▲ -0.67 (-8.20%)
Alfalah ETF. / Apr 7 Alfalah Consumer Index ETF.(ACIETF)	8.88 ▲ -0.72 (-7.50%)
Dadex Eternit / Apr 7 Dadex Eternit Limited(DADX)	63.66 ▲ -5.16 (-7.50%)
Gatron Ind. / Apr 7 Gatron (Industries) Limited(GATI)	485.63 ▲ -39.37 (-7.50%)
Khairpur / Apr 7 Khairpur Sugar Mills Limited(KPUS)	78.00 ▲ -6.32 (-7.50%)
MithchellsFruit / Apr 7 Mitchells Fruit Farms Limited(MFFL)	138.39 ▲ -11.22 (-7.50%)
K.S.B.Pumps / Apr 7 KSB Pumps Company Limited(KSBP)	147.75 ▲ -11.97 (-7.49%)

Stock	Volume
Ghani Glo Hol / Apr 7 Ghani Global Holdings Limited(GGL)	11,061,500 ▼ 0.00
Pak Elektron / Apr 7 Pak Elektron Limited(PAEL)	9,045,500 ▼ 0.00
K-Electric Ltd. / Apr 7 K-Electric Limited(KEL)	7,698,000 ▼ 0.00
Telecard Limited / Apr 7 Telecard Limited(TELE)	7,419,842 ▼ 0.00
GhaniGlobalGlass / Apr 7 Ghani Global Glass Limited(GGGL)	5,214,500 ▼ 0.00
WorldCall Telecom / Apr 7 Worldcall Telecom Limited(WTL)	5,086,500 ▼ 0.00
TPL Properties / Apr 7 TPL Properties Limited(TPLP)	4,268,643 ▼ 0.00
Inter.Steel Ltd / Apr 7 International Steels Limited(ISL)	4,260,919 ▼ 0.00
Cnergyico PK / Apr 7 Cnergyico PK Limited(CNERGY)	4,195,457 ▼ 0.00
Engro Polymer / Apr 7 Engro Polymer & Chemicals Limited(EPCL)	3,831,142 ▼ 0.00

Markets →

7th review of EFF: IMF says will enquire over programme engagement with new govt

Automart: car prices in Karachi

APAC Managing Director of Binomo talks about growth in financial trading

Cut in prices of petrol, diesel: PM’s relief package termed ‘unsustainable’

Less than 30 days is all it took: Pakistan's road to political upheaval

Export-oriented sector: MoF for linking subsidies to higher growth

All eyes on apex court to see how it will end impasse

Second phase of CPEC: Chinese shelve investment plans due to political uncertainty

More and more bad news

After IMC and Honda, Pak Suzuki jacks up car prices

7th review of EFF: IMF says will enquire over programme engagement with new govt

Automart: car prices in Karachi

Alternative currency-based payment mechanism with Iran on the cards

Export-oriented sector: MoF for linking subsidies to higher growth

Less than 30 days is all it took: Pakistan's road to political upheaval

PPL won’t award LNG cargoes for April, May

APAC Managing Director of Binomo talks about growth in financial trading

Pakistani tycoons: nationalisation fears

After IMC and Honda, Pak Suzuki jacks up car prices

External vulnerability index of countries

Rupee falls to yet another all-time low against US dollar

Pakistani tycoons: nationalisation fears

ICT exports: slowdown looming?

Power load-shedding may stay in Ramazan

Careem Pay gets SBP’s In-Principle Approval for EMI licence

Alternative currency-based payment mechanism with Iran on the cards

MoF’s monthly outlook: Domestic, world scenarios may ‘ramify economic recovery’

Business & Finance

Money & Banking

SBP conducts auction for MTBs: Cut-off yield rises by up to 80bps

KARACHI: The cut-off yield of short-term government papers further rose by up to 80 basis points (bps) in the ... Updated 07 Apr, 2022 01:33pm

BR Research

Beware the unintended consequences

It’s bad enough to have a full-blown political crisis amidst heightened macroeconomic vulnerabilities – now ...

Published 07 Apr, 2022 09:14am

In favour of PIOGCL: Eni Pakistan asked to provide undertaking of HPHL

ISLAMABAD: The Petroleum Division has asked Eni Pakistan Limited to provide an undertaking of Hub Power Holdings... Published 07 Apr, 2022 05:15am

Gold prices hit all-time high

KARACHI: Gold prices on Wednesday hit all-time high on the local market, traders said. Gold prices reached the... Published 07 Apr, 2022 05:15am

BR Research

Mapping political footprint in sugar: 3 years later

Amid the ongoing political turmoil in Islamabad, the release of annual industry report by Pakistan Sugar Mills...

Published 07 Apr, 2022 09:11am

Oxygen gas, related items exempted from duty

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted Customs duty on the import of oxygen gas, oxygen gas... Published 07 Apr, 2022 05:15am

PPIB advocates gas allocation to EPQL from Kandhkot field

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has expedited its efforts to get up to 55 mmcfd gas from... Published 07 Apr, 2022 05:15am

Kishenganga, Ratle hydroelectric power plants: WB to resume two separate processes by India, Pakistan

ISLAMABAD: In line with its responsibilities under the Indus Waters Treaty, the World Bank announced its decision to... Published 07 Apr, 2022 05:15am

FTO’s judgement: LTO Karachi, carmaker agree on refund mechanism

ISLAMABAD: The Large Taxpayer Office (LTO) Karachi and a leading car manufacturer have agreed on a mechanism for... Updated 07 Apr, 2022 11:01am

Energy

Oil rises from 3-week low as supply concerns linger

MELBOURNE/BEIJING: Oil prices rose on Thursday from a three-week low touched in the previous session after consuming... Updated 07 Apr, 2022 01:08pm

BR Research

Autos: Lose-lose situation

Recent almost dramatic hikes in car prices have certainly thrown a wrench in the vision of policymakers that have...

Published 07 Apr, 2022 09:03am

BR Research NML 82.55 ▼ -1.15%

Nishat Mills Limited

Nishat Mills Limited (PSX: NML) was established in 1951 under the Companies Act, 1913 (now Companies Act, 2017). It...

Published 07 Apr, 2022 08:54am

BR Research

How did daily wagers fare?

It may have gone behind the scenes now, but one must not forget inflation was at the heart of the movement against...

Published 06 Apr, 2022 08:28am

BR Research

OMC sales and robust demand

After a slower February 2022, petroleum product sales in March 2022 are back to being robust. Sales of petroleum...

Published 06 Apr, 2022 08:24am

Pakistan

Supreme Court resumes hearing on dismissal of no-trust vote

Chief justice had sought the record of the National Security Council meeting from the government's legal team on Wednesday

Updated 07 Apr, 2022 02:07pm

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