Home - Business Recorder

Updated 07 Feb, 2023 08:40pm

Earthquake rescue work moves slowly in Turkiye, Syria as death toll passes 5,000

Turkish authorities say some 13.5 million people were affected in an area spanning roughly 450 km

Markets

Rupee falls 0.35%, settles at 276.28 against US dollar

Updated 07 Feb, 2023 06:30pm

Pakistan

Government postpones All Parties Conference again as PM will be in Turkiye

Updated 07 Feb, 2023 06:57pm

Markets

KSE-100 rises 0.81% on optimism over resolution of gas sector circular debt

Updated 07 Feb, 2023 05:25pm

Business & Finance

Up to $5mn smuggled into Afghanistan from Pakistan daily: report

Updated 07 Feb, 2023 06:59pm

Pakistan

PM Shehbaz orders establishment of relief fund to aid Turkiye

Updated 07 Feb, 2023 03:07pm

Markets

Debt reprofiling viable option for Pakistan under IMF watch: report

Updated 07 Feb, 2023 04:08pm

World

US trade deficit widens in 2022 to record on strong imports

Updated 07 Feb, 2023 08:37pm

Pakistan

Islamabad court rejects Sheikh Rashid’s bail petition

Published 07 Feb, 2023 03:44pm

Pakistan

Former president Pervez Musharraf laid to rest in Karachi: ISPR

Published 07 Feb, 2023 06:41pm

Markets

IMF should work with Pakistan to protect the deprived: Human Rights Watch

Published 07 Feb, 2023 12:43pm

Must Read

Editorials

Runaway inflation

Opinion

Strategy for resource mobilisation

Opinion

Letter to a Comrade

Opinion

Struggling to get IMF’s booster shot

Perspectives

The Musharraf era: an epoch in Pakistan’s turbulent history

Opinion

The untouchables

Business & Finance

Daraz Group lays off 11% global workforce to prepare for ‘current market reality’

BR Research

Petrol price: How the IMF sees it

Editorials

Much needs to be negotiated

Opinion

The mishandling of economy continues

Opinion

Default: last hour?

Power sector: Govt has Achilles heel somewhere, IMF finds it

Default: last hour?

Rupee up 0.46%, ends day at 275.30 against US dollar

Letter to a Comrade

Talks extended for two days: IMF demands govt withdraw power subsidy

Tariff of indigenous gas-run CPPs likely to be reviewed

Rupee falls 0.35%, settles at 276.28 against US dollar

The 80/20 rule for maximising foreign exchange earnings

High-income earners directed to pay 50pc of super tax liability

Power sector: Govt has Achilles heel somewhere, IMF finds it

Default: last hour?

Letter to a Comrade

Talks extended for two days: IMF demands govt withdraw power subsidy

The crisis was foretold

Tariff of indigenous gas-run CPPs likely to be reviewed

Rupee up 0.46%, ends day at 275.30 against US dollar

High-income earners directed to pay 50pc of super tax liability

The 80/20 rule for maximising foreign exchange earnings

Govt offers its SOE stakes to 2 UAE firms

IMF team ‘quizzes’ PD’s top brass

Power sector: Govt has Achilles heel somewhere, IMF finds it

Govt team tries to persuade IMF to unlock lending

Default: last hour?

Fitch says PKR to further weaken

Deal or default: Pakistan’s economy set for an endgame

State of the economy

Currency	Rate
USD PKR Interbank Selling / Feb 7	277.25
USD PKR Interbank Buying / Feb 7	276.25
USD to Japanese Yen / Feb 7	131.28
USD to Swiss Franc / Feb 7	0.92
Pound Sterling to USD / Feb 7	1.20
Euro to USD / Feb 7	1.07
UK LIBOR % / Feb 6	4.55

Stock	Volume
S&P 500 / Feb 7	4101.67
India Sensex / Feb 7	60286.04
Tokyo Nikkei / Feb 7	27685.47
Nasdaq / Feb 7	11889.61
Hang Seng / Feb 7	21298.70
FTSE 100 / Feb 7	7848.32
Dow Jones / Feb 7	33736.18
Germany DAX 30 / Feb 7	15302.83
France CAC40 / Feb 7	7116.43

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	22235
Crude Oil USD/Barrel / Feb 7	75.42
Gold 10 Grams PKR / Feb 7	171468
Gold Spot USD/Ounce / Feb 7	1878.46
Cotton US¢/pound / Feb 7	83.70

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Feb 7 Security Investment Bank Limited(SIBL)	4.73 ▲ 0.87 (22.54%)
Hala Enterprise / Feb 7 Hala Enterprises Limited(HAEL)	6.80 ▲ 0.65 (10.57%)
Samba Bank / Feb 7 Samba Bank Limited(SBL)	7.50 ▲ 0.70 (10.29%)
Shabbir Tiles / Feb 7 Shabbir Tiles & Ceramics Limited(STCL)	8.41 ▲ 0.71 (9.22%)
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	1.26 ▲ 0.10 (8.62%)
Tri-Star Power / Feb 7 Tri-Star Power Limited(TSPL)	13.46 ▲ 1.00 (8.03%)
J.K.Spinning / Feb 7 J.K. Spinning Mills Limited(JKSM)	44.88 ▲ 3.13 (7.50%)
Noon Sugar / Feb 7 Noon Sugar Mills Limited(NONS)	55.91 ▲ 3.90 (7.50%)
Shahtaj Textile / Feb 7 Shahtaj Textile Limited(STJT)	86.16 ▲ 6.01 (7.50%)
Crescent Fib. / Feb 7 Crescent Fibres Limited(CFL)	56.68 ▲ 3.95 (7.49%)

Stock	Price
Data Textile / Feb 7 Data Textiles Limited(DATM)	5.79 ▲ -1.00 (-14.73%)
Redco Tex. / Feb 7 Redco Textiles Limited(REDCO)	6.65 ▲ -0.99 (-12.96%)
Pak Gen.Ins. / Feb 7 The Pakistan General Insurance Co. Ltd.(PKGI)	4.95 ▲ -0.70 (-12.39%)
Service Textile / Feb 7 Service Industries Textiles Limited(SERT)	6.68 ▲ -0.92 (-12.11%)
Pak Gulf Leasing / Feb 7 Pak-Gulf Leasing Company Limited(PGLC)	5.45 ▲ -0.58 (-9.62%)
Trust Sec.& Brok. / Feb 7 Trust Securities & Brokerage Limited(TSBL)	12.02 ▲ -0.98 (-7.54%)
D.M. Textile / Feb 7 D.M. Textile Mills Limited(DMTX)	54.58 ▲ -4.42 (-7.49%)
Metro Steel / Feb 7 Metropolitan Steel Corporation Limited(MSCL)	22.48 ▲ -1.82 (-7.49%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	34.23 ▲ -2.77 (-7.49%)
Shams Textile / Feb 7 Shams Textile Mills Limited(STML)	35.14 ▲ -2.84 (-7.48%)

Stock	Volume
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	40,252,042 ▼ 0.10
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	28,992,022 ▼ 2.30
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	15,999,328 ▼ 6.92
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	14,870,340 ▼ 0.27
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,966 ▼ 0.91
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,977,024 ▲ -0.03
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	6,877,939 ▼ 4.87
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	6,095,602 ▲ -0.03
Faysal Bank / Feb 7 Faysal Bank Limited(FABL)	6,053,443 ▼ 0.79
Telecard Limited / Feb 7 Telecard Limited(TELE)	5,546,500 ▼ 0.25

Markets →

Power sector: Govt has Achilles heel somewhere, IMF finds it

Default: last hour?

Rupee up 0.46%, ends day at 275.30 against US dollar

Letter to a Comrade

Talks extended for two days: IMF demands govt withdraw power subsidy

Tariff of indigenous gas-run CPPs likely to be reviewed

Rupee falls 0.35%, settles at 276.28 against US dollar

The 80/20 rule for maximising foreign exchange earnings

High-income earners directed to pay 50pc of super tax liability

Power sector: Govt has Achilles heel somewhere, IMF finds it

Default: last hour?

Letter to a Comrade

Talks extended for two days: IMF demands govt withdraw power subsidy

The crisis was foretold

Tariff of indigenous gas-run CPPs likely to be reviewed

Rupee up 0.46%, ends day at 275.30 against US dollar

High-income earners directed to pay 50pc of super tax liability

The 80/20 rule for maximising foreign exchange earnings

Govt offers its SOE stakes to 2 UAE firms

IMF team ‘quizzes’ PD’s top brass

Power sector: Govt has Achilles heel somewhere, IMF finds it

Govt team tries to persuade IMF to unlock lending

Default: last hour?

Fitch says PKR to further weaken

Deal or default: Pakistan’s economy set for an endgame

State of the economy

Redefining Pakistan’s economy

Business & Finance

Up to $5mn smuggled into Afghanistan from Pakistan daily: report

In Bloomberg interview, Zafar Paracha said 'currency is being smuggled without any doubt. This has become quite a lucrative business'

Updated 07 Feb, 2023 06:59pm

BR Research

On energy investment

Sustaining industrial growth across the country requires sustained investment in the transmission and distribution...

Published 07 Feb, 2023 09:35am

Debt reprofiling viable option for Pakistan under IMF watch: report

Arif Habib Limited says Pakistan has a long way to go to address macroeconomic vulnerabilities

Updated 07 Feb, 2023 04:08pm

IMF should work with Pakistan to protect the deprived: Human Rights Watch

Says conditions the IMF places on its loan could either 'exacerbate social and economic hardship or provide desperately needed relief to Pakistanis while addressing crisis’s underlying causes'

Published 07 Feb, 2023 12:43pm

BR Research