News stories for BR Research - Business Recorder

BR Research

Markets

Time to go long

The current account is in surplus after 21 quarters of deficits. When the incumbents came to power, the first ...

Published 23 Oct, 2020 07:40am

BR Research

‘You can’t hurt me no more’

“Cause it don’t matter now what you do”, sang The Duke in 1967. It is as if he were speaking of the endless...

Published 23 Oct, 2020 07:39am

BR Research

Allied Bank defies Covid

Pandemic it maybe. But panic it is not. Not at Allied Bank Limited (ABL). The bank announced its financial results...

Published 23 Oct, 2020 07:38am

Markets

Dadex Eternit Limited

Dadex Eternit Limited (PSX: DADX) was established in 1959 as a public limited company under the repealed Companies...

Published 23 Oct, 2020 07:25am

Markets

THE RUPEE: Gains vs USD extend

KARACHI: On Thursday, on market close, PKR gained value against USD in both interbank and open markets while also...

Published 23 Oct, 2020 02:32am

BR Research

COVID-19: Eye-opener for healthcare

Pakistan has likely avoided the brute force of COVID-19 as is currently being experienced by several countries such...

Published 22 Oct, 2020 07:38pm

BR Research

Steel builds nations: Developing the steel value chain

Pakistan has one of the lowest consumptions of steel per capita at 35 kilograms, against 197 kilograms for Middle...

Published 22 Oct, 2020 07:36pm

BR Research

LSM: growth by mathematics

All growth is mathematics; but some growth is more mathematics than others. Such seems to be the case of ...

Published 22 Oct, 2020 07:44am

BR Research

Telenor: some recovery

As previously analyzed in this space, Pakistan’s telecoms sector had come out largely unharmed from the first...

Published 22 Oct, 2020 07:43am

BR Research

Bank Al Habib: Firm and steady

Bank Al Habib Limited (BAHL) saw its after tax profits grow by a massive 87 percent year-on-year, for the nine-month...

Published 22 Oct, 2020 07:42am

BR Research

POL – a slow beginning

The exploration and production sectors performance in FY20 was scarred by a weak 4QFY20 where the impact of COVID-19...

Published 22 Oct, 2020 07:41am

Markets

Shezan International Limited

Shezan International Limited (PSX: SHEZ) was established in 1964. The company has three production plants in Lahore,...

Published 22 Oct, 2020 07:25am

Markets

THE RUPEE: Mixed behaviour

KARACHI: On Wednesday, after market closing, Pakistan Rupee displayed mixed behaviour. It gained in value against ...

Published 22 Oct, 2020 02:54am

BR Research

Navigating the World Trade Dis-organization

The World Trade Organisation is about to appoint its first-ever female head. But as it prepares to write a new...

Published 21 Oct, 2020 02:23pm

BR Research

Rural inflation: “Something’s gotta give”

Inflation – mainly food, is becoming a concern. This could have both political and economic repercussions, such as...

Published 21 Oct, 2020 08:20am

Markets

Cotton: last rites?

A ‘non-event’ event has taken place this fiscal, yet no one has batted an eye. Pakistan, which for the last...

Published 21 Oct, 2020 08:19am

BR Research

ISL: Strong against odds

A major player in the flat steel segment, International Steel (ISL) had a sombre end to FY20, turning a profit at...

Published 21 Oct, 2020 08:17am

BR Research

APL – inventory gains lift earnings

Coming from a weak FY20 financial performance where earnings plummeted to levels not seen in at least a decade,...

Published 21 Oct, 2020 08:16am

Markets

Data Agro Limited

Data Agro Limited (PSX: DAAG) was established as a private limited company in 1992 under the repealed Companies...

Updated 21 Oct, 2020 10:49am

Markets

THE RUPEE: USD falls against PKR

KARACHI: On Tuesday, on market close, USD fell against PKR in both interbank and open markets while Euro went up in...

Published 21 Oct, 2020 02:53am

Gainers
Losers
Leaders

Stock	Price
A. Shah Ghazi / Dec 6 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	6.0500 ▲ 0.55 (10.00%)
BIPL securities / Dec 6 BIPL Securities Limited(BIPLS)	10.9800 ▲ 0.98 (9.80%)
Tri-Star Power / Dec 6 Tri-Star Power Limited(TSPL)	4.3000 ▲ 0.30 (7.50%)
Amreli Steels / Dec 6 Amreli Steels Limited(ASTL)	44.8158 ▲ 2.94 (6.61%)
United Ins. / Dec 6 The United Insurance Company(UNIC)	8.1900 ▲ 0.44 (5.68%)
Telecard / Dec 6 Telecard Limited(TELE)	1.9000 ▲ 0.10 (5.56%)
National Refinery / Dec 6 National Refinery Limited(NRL)	231.1000 ▲ 11.10 (5.05%)
At-Tahur Ltd. / Dec 6 At-Tahur Limited(PREMA)	17.8500 ▲ 0.85 (4.65%)
Jahangir Sid. Co. / Dec 6 Jahangir Siddiqui & Co. Ltd.(JSCL)	28.6685 ▲ 1.57 (4.59%)
Dewan Farooq. Spin. / Dec 6 Dewan Farooque Spinning Mills Limited(DFSM)	2.0900 ▲ 0.09 (4.50%)

Stock	Price
Nishat Power / Dec 6 Nishat Power Limited(NPL)	23.0000 ▼ 0.42 (-1.83%)
Descon Oxy. / Dec 6 Descon Oxychem Limited(DOL)	32.7889 ▼ 0.39 (-0.69%)
Pak Oilfields / Dec 6 Pakistan Oilfields Limited(POL)	408.9000 ▼ 2.55 (-0.04%)
Askari Bank / Dec 6 Askari Bank Limited(AKBL)	19.6000 ▼ 0.00 (0.00%)
Highnoon / Dec 6 Highnoon Laboratories Limited(HINOON)	635.0000 ▼ 0.00 (0.00%)
Nat. Bank / Dec 6 National Bank of Pakistan(NBP)	40.4100 ▼ 0.00 (0.00%)
Pak Oxygen / Dec 6 Pakistan Oxygen Limited(PAKOXY)	161.5000 ▼ 0.00 (0.00%)
Kohinoor Energy / Dec 6 Kohinoor Energy Limited(KOHE)	34.9000 ▼ 0.00 (0.00%)
Kohinoor Mills / Dec 6 Kohinoor Mills Limited(KML)	35.0000 ▼ 0.00 (0.00%)
Pak. Int. Airlines (A) / Dec 6 Pakistan International Airlines Corporation Limited (A)(PIAA)	4.5000 ▼ 0.00 (0.00%)

Stock	Volume
TRG Pak. / Dec 6 TRG Pakistan Limited(TRG)	29,694,500 ▼ 3.53
Pakistan Refinery / Dec 6 Pakistan Refinery Limited(PRL)	20,285,000 ▼ 0.59
Aisha Steel / Dec 6 Aisha Steel Mills Limited(ASL)	16,073,000 ▼ 0.62
P.T.C.L.A / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	11,941,000 ▼ 0.40
Agha Steel / Dec 6 Agha Steel Industries Limited(AGHA)	11,802,500 ▼ 1.61
K-Electric Ltd / Dec 6 K-Electric Limited(KEL)	11,342,000 ▼ 0.05
Amreli Steels / Dec 6 Amreli Steels Limited(ASTL)	7,561,500 ▼ 2.94
Unity Foods / Dec 6 Unity Foods Limited(UNITY)	7,552,000 ▼ 0.41
Hascol Petroleum / Dec 6 Hascol Petroleum Limited(HASCOL)	7,478,013 ▼ 0.23
Maple Leaf / Dec 6 Maple Leaf Cement Factory Limited(MLCF)	6,442,231 ▼ 0.52

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Dec 5	160.20
USD PKR Interbank Buying / Dec 5	160.10
Pound Sterling to USD / Dec 5	1.34
Euro to USD / Dec 5	1.21

Stock	Volume
S&P 500 / Dec 5	3699.12
India Sensex / Dec 5	45079.55
Tokyo Nikkei / Dec 5	26751.24
Nasdaq / Dec 5	12464.23
Hang Seng / Dec 5	26835.92
FTSE 100 / Dec 5	6550.23
Dow Jones / Dec 5	30218.26
Germany DAX 30 / Dec 5	13298.96
France CAC40 / Dec 5	5609.15

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Dec 4	20241.80
GDPGROWTH / Dec 4	1.00
Foreign Debt (PKR billions) / Dec 4	17000.00
Average CPI % / Dec 4	11.11
UK LIBOR % / Dec 5	0.08