Home - Business Recorder

Published 19 Apr, 2024 12:10pm

Pakistan hopes for Moody’s rating upgrade as economic indicators improve

Last year, Moody's downgraded Pakistan’s credit rating to ‘Caa3’

World

Israel attacks Iran, sources say, drones reported over Isfahan

Updated 19 Apr, 2024 10:30am

Markets

Oil prices surge 3% on reports of Israeli strikes on Iran

Updated 19 Apr, 2024 10:38am

Markets

Intra-day update: rupee gains against US dollar

Published 19 Apr, 2024 10:28am

Markets

Stocks recover after Israeli strikes on Iran, KSE-100 gains

Updated 19 Apr, 2024 12:39pm

Pakistan

Five Japanese escape unhurt in Pakistan suicide blast attack

Updated 19 Apr, 2024 01:33pm

Pakistan

Aurangzeb pitches bankable projects to attract Saudi, UK investments

Updated 19 Apr, 2024 11:56am

World

Dubai rains provide ‘opportunity to enhance emergency response systems’: Crown Prince

Published 19 Apr, 2024 11:51am

Fund for hiring top-notch professionals: Aurangzeb asked to engage with corporate sector

Updated 19 Apr, 2024 10:40am

IMF says ready to support, stresses need for reform

Updated 19 Apr, 2024 09:29am

Saudi business tycoons due shortly: PM

Updated 19 Apr, 2024 09:20am

Must Read

Editorials

The LSM decline

Opinion

Section 7E: Constitutional validity

Opinion

EFF programme, non-inflationary economic growth, and counter-cyclical policy approach

BR Research

Repatriation picks up!

Opinion

Ending hopium — III

Editorials

Pak-Saudi relationship is alive and kicking

BR Research

Time to miss another opportunity

Opinion

Brent and Bibi

Opinion

Ending hopium—II

World

Australia mulls citizenship for Pakistani guard in Sydney mall attack

Opinion

Developing the semiconductor industry

Calculate your monthly liability in FY24

Budget: body formed to firm up proposals

Aurangzeb expects to avoid wild rupee devaluation as govt engages IMF: report

Rupee largely stable against US dollar

Demand & supply side: More work needs to be done: IMF official

Equity trading: SECP files criminal complaint against 2 individuals on charges of front-running

‘Kindly refrain from emailing Mr. Porter and Ms. Kozack...,’ IMF tells BR

E-filers face problems after new amendments to ST rules

NJLI Sarmaya Growth Fund Rates

Aurangzeb meets Donald Lu, other US officials

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

NJLI Sarmaya Growth Fund Rates

Saudi Arabia agrees to build strong partnership

24.8pc inflation forecast: IMF projects 2pc growth

Rupee again sees marginal decline against US dollar

Dhaka-based Bank Asia looks to acquire Bank Alfalah Bangladesh

Rising capacity payments: EVs to the rescue

Riyadh eyes significant investment in Pakistan: Saudi FM

Surge in remittances

Govt increases petrol price by Rs4.53, takes it to Rs293.94 per litre

NJLI Sarmaya Growth Fund Rates

Pakistan and IMF discussing new multi-billion-dollar programme, finance minister says

Gold price per tola increases Rs800 in Pakistan

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

Gold hits another all-time high, is now near Rs250,000 per tola in Pakistan

Global lender recommends tax policy reforms

World Bank quantifies Pakistan’s financing needs

Rupee records further decline against US dollar

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40
France CAC40 / Apr 18	8023.26
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40
France CAC40 / Apr 18	8023.26
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Budget: body formed to firm up proposals

Aurangzeb expects to avoid wild rupee devaluation as govt engages IMF: report

Rupee largely stable against US dollar

Demand & supply side: More work needs to be done: IMF official

Equity trading: SECP files criminal complaint against 2 individuals on charges of front-running

‘Kindly refrain from emailing Mr. Porter and Ms. Kozack...,’ IMF tells BR

E-filers face problems after new amendments to ST rules

NJLI Sarmaya Growth Fund Rates

Aurangzeb meets Donald Lu, other US officials

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

NJLI Sarmaya Growth Fund Rates

Saudi Arabia agrees to build strong partnership

24.8pc inflation forecast: IMF projects 2pc growth

Rupee again sees marginal decline against US dollar

Dhaka-based Bank Asia looks to acquire Bank Alfalah Bangladesh

Rising capacity payments: EVs to the rescue

Riyadh eyes significant investment in Pakistan: Saudi FM

Surge in remittances

Govt increases petrol price by Rs4.53, takes it to Rs293.94 per litre

NJLI Sarmaya Growth Fund Rates

Pakistan and IMF discussing new multi-billion-dollar programme, finance minister says

Gold price per tola increases Rs800 in Pakistan

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

Gold hits another all-time high, is now near Rs250,000 per tola in Pakistan

Global lender recommends tax policy reforms

World Bank quantifies Pakistan’s financing needs

Rupee records further decline against US dollar

Business & Finance

Business & Economy

Pakistan hopes for Moody’s rating upgrade as economic indicators improve

Last year, Moody's downgraded Pakistan’s credit rating to ‘Caa3’

Published 19 Apr, 2024 12:10pm

BR Research

Power generation: The rut continues

For the sixth month running, electricity generation went down year-on-year, as March 2024 generation was recorded...

Published 19 Apr, 2024 08:55am

Stocks

Stocks recover after Israeli strikes on Iran, KSE-100 gains

The Pakistan Stock Exchange (PSX) recovered after some initial pressure as the benchmark KSE-100 index gained over... Updated 19 Apr, 2024 12:39pm

Business & Economy

Aurangzeb pitches bankable projects to attract Saudi, UK investments

Federal Minister for Finance and Revenue Muhammad Aurangzeb, in his meetings with officials of Saudi Arabia and... Updated 19 Apr, 2024 11:56am

BR Research

Repatriation picks up!

Repatriation of dividends and profits on net foreign direct investment that had tumbled to negligible level in FY23...

Published 19 Apr, 2024 08:52am

Exchange

Intra-day update: rupee gains against US dollar

Currency hovers at 278-279 level in the inter-bank market

Published 19 Apr, 2024 10:28am

Energy

Oil prices surge 3% on reports of Israeli strikes on Iran

Oil prices jumped $3 a barrel on Friday in reaction to reports that Israeli missiles had struck a site in Iran,... Updated 19 Apr, 2024 10:38am

2024-04-19-02-42

PM forms body to probe Matiari Transmission Line underutilisation

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee headed by Minister for Petroleum Senator... Updated 19 Apr, 2024 09:34am

2024-04-19-02-49

Jul-Mar ’24: Textile group exports down 0.25pc to $12.44bn YoY

ISLAMABAD: The country’s textile group exports declined by around 0.25 percent during the first nine months... Published 19 Apr, 2024 05:07am

Business & Economy

Pakistan’s inflation deceleration broad-based, says central bank chief

Jameel Ahmad says qualitative improvements in external account allowed the State Bank to more than double its foreign exchange reserves since January 2023

Updated 18 Apr, 2024 10:43pm

BR Research

Interview with Kashif Hussain Shah - Executive Director, Skills360

“We aim to also create opportunities for job creation and economic growth.” Coach360, a platform for mentoring and...

Published 19 Apr, 2024 07:13am

BR Research

Time to miss another opportunity

Lady luck has a strange romance reserved for PML-N. After two years of record high food inflation - averaging above...

Published 18 Apr, 2024 07:44am

BR Research

LSM: 20 months in the red

The longest negative LSM growth streak got longer, as per the latest data released by the Pakistan Bureau of...

Published 18 Apr, 2024 07:39am

BR Research

KSB Pumps Company Limited

KSB Pumps Company Limited (PSX: KSBP) is a KSB group company incorporated in Pakistan in 1959. The company’s core...

Published 18 Apr, 2024 07:32am

Pakistan

Five Japanese escape unhurt in Pakistan suicide blast attack

KARACHI: Five Japanese nationals in Pakistan escaped unhurt on Friday from a suicide bomb attack on their vehicle as... Updated 19 Apr, 2024 01:33pm

2024-04-19-02-49

Zardari’s address: Joint sitting of parliament drowned in din

ISLAMABAD: President Asif Ali Zardari, Thursday, addressed a joint sitting of Parliament amid the protest of... Published 19 Apr, 2024 05:07am

2024-04-19-02-49

President for joint efforts to steer country out of crises

ISLAMABAD: President Asif Ali Zardari on Thursday stressed the need to make joint efforts to steer the country out ... Published 19 Apr, 2024 05:07am

2024-04-19-02-49

Five Customs personnel martyred in D I Khan

ISLAMABAD: Five officials of the Directorate of Intelligence & Investigation Customs (Peshawar) embraced... Published 19 Apr, 2024 05:07am

2024-04-19-02-42

Intelligence agencies: SC urged to order investigation into IHC judges’ allegations

ISLAMABAD: The Supreme Court has been requested to pass an order to probe the Islamabad High Court (IHC) judges’... Published 19 Apr, 2024 05:07am

2024-04-19-02-42

Quetta, Gwadar submerged, roads washed away as stormy rains lash Balochistan

GWADAR: Continuous heavy rains have caused widespread destruction in Balochistan. Quetta and Gwadar submerged and... Published 19 Apr, 2024 05:07am

World

Israel attacks Iran, sources say, drones reported over Isfahan

Iranian media says forces destroy drones

Updated 19 Apr, 2024 10:30am

MENA

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