News stories for BR Research - Business Recorder

BR Research

PSDP: spend more!

There hasn't been much movement in development spending of late. Latest data shows that as of November 6, Rs290...

Published 11 Nov, 2020 07:33am

BR Research

Global trade after Biden

These are no ordinary times for global trade. If the last few years was dominated by Trump’s attack on global...

Published 11 Nov, 2020 07:32am

BR Research

Byco 1QFY21 – a mixed bag

Byco Petroleum Limited (PSX: BYCO) has seen hideous times in FY20 as did the rest of the refining segment in the...

Published 11 Nov, 2020 07:32am

BR Research

Exide Pakistan Limited

Exide Pakistan Limited (PSX: EXIDE) was set up as a private limited company in 1953. It was later listed on the...

Published 11 Nov, 2020 07:25am

Markets

THE RUPEE: Upward trend continues

KARACHI: On Tuesday, PKR continued its upward trend. It went up against USD in both interbank and open markets while...

Published 11 Nov, 2020 02:53am

BR Research

Foreign (dis)investment easing

In the past seven out of ten years, SBP reserves were on average below the 4 months of imports – for four years ...

Published 10 Nov, 2020 08:10am

BR Research

Furnace oil generation: A rabbit hole

Another month, another blatant violation of merit order. It so appears that the power producers, the purchasers, and...

Published 10 Nov, 2020 08:09am

BR Research

Trade policy framework

A new trade policy is on the anvil, one which envisages Pakistan to fetch up to $46 billion over the next five ...

Published 10 Nov, 2020 08:09am

BR Research

Winter is coming!

It has already been a topsy turvy year, and the pre-existing conditions make it worse. For almost a decade now,...

Published 10 Nov, 2020 08:08am

BR Research

Baluchistan Wheels Limited

Operating in the automobile parts and accessories industry, Baluchistan Wheels Limited (PSX: BWHL) was established ...

Published 10 Nov, 2020 07:25am

Markets

THE RUPEE: PKR strengthens

KARACHI: On Monday, at the start of the new week, PKR continued to go up against USD in both interbank and open...

Published 10 Nov, 2020 02:54am

BR Research

Crowding out of Bank Deposits

The rein of cash continues as was discussed in this space earlier. More than 15.5 percent of GDP, and more than 31...

Published 09 Nov, 2020 02:00pm

BR Research

COVID-19 SOPs: Wedding Crashers

Rising cases of the coronavirus are once again forcing the government to tighten restrictions on social gatherings....

Published 09 Nov, 2020 01:55pm

BR Research

Fiscal roundup: 1QFY21

First quarter fiscal report card is out. The consolidated fiscal deficit stood at Rs484 billion (1.1% of GDP) in...

Published 09 Nov, 2020 08:38am

BR Research

It’s no fun to be Joe Biden

For Americans and millions of people around the world, waiting for US Presidential Election results was a ...

Published 09 Nov, 2020 08:37am

BR Research

Cotton substitution: are farmers worse off?

The spinning industry may have to fulfil close to half of its cotton requirement through imports during the ongoing...

Published 09 Nov, 2020 08:37am

BR Research

Indus Motors: Re-beginnings

Indus Motors (PSX: INDU) is expected to double volumetric sales in the four months ending FY21 against last year. In...

Published 09 Nov, 2020 08:36am

BR Research

An interview with Ismail Suttar, CEO, Hub Pak Salt Refinery

“Pakistan to become third largest salt maker by 2023” Ismail Suttar has been associated with Hub Pak Salt...

Published 09 Nov, 2020 07:25am

Markets

THE RUPEE: Strength vs USD on rise

KARACHI: On Friday, on market close, PKR displayed a behaviour similar to that on Thursday. It went up against USD ...

Published 07 Nov, 2020 02:39am

BR Research

Phoenix Rising: Appreciation of the Pakistani Rupee

Not really a rise of the phoenix moment, yet the appreciation of the Pakistani rupee against the US dollar is an...

Published 06 Nov, 2020 02:00pm

Gainers
Losers
Leaders

Stock	Price
Saudi Pak Leas. / Nov 29 Saudi Pak Leasing Company Limited(SPLC)	1.4000 ▲ 0.20 (16.67%)
Chakwal Spinng / Nov 29 Chakwal Spinning Mills Limited(CWSM)	2.2700 ▲ 0.32 (12.31%)
Media Times / Nov 29 Media Times Limited(MDTL)	1.4200 ▲ 0.17 (12.00%)
Ravi Textile / Nov 29 Ravi Textile Mills Limited(RAVT)	6.4900 ▲ 0.59 (10.00%)
First Pak Modaraba / Nov 29 First Pak Modaraba(PAKMI)	1.7500 ▲ 0.15 (9.37%)
Hum Network / Nov 29 Hum Network Limited(HUMNL)	7.0367 ▲ 0.54 (7.69%)
General Tyre / Nov 29 The General Tyre & Rubber(GTYR)	68.5900 ▲ 5.09 (6.77%)
Artistic Den. / Nov 29 Artistic Denim Mills Limited(ADMM)	83.5800 ▲ 5.08 (6.47%)
Buxly / Nov 29 Buxly Paints Limited(BUXL)	64.4100 ▲ 3.90 (6.45%)
Zephyr Tex / Nov 29 Zephyr Textiles Limited(ZTL)	11.0000 ▲ 0.65 (6.28%)

Stock	Price
EFU Life Assur. / Nov 29 EFU Life Assurance Limited(EFUL)	200.0000 ▼ 0.00 (-9.25%)
ZIL Ltd. / Nov 29 ZIL Limited(ZIL)	108.0000 ▼ 2.00 (-1.85%)
Descon Oxy. / Nov 29 Descon Oxychem Limited(DOL)	32.2300 ▼ 0.32 (-0.56%)
Honda Atlas Car / Nov 29 Honda Atlas Cars (Pakistan) Limited(HCAR)	289.9000 ▼ 2.40 (-0.17%)
Sitara Peroxide / Nov 29 Sitara Peroxide Limited(SPL)	22.0000 ▼ 0.00 (0.00%)
Fatima Fert.Co. / Nov 29 Fatima Fertilizer Company Limited(FATIMA)	28.0000 ▼ 0.00 (0.00%)
HBL Inv.Fund / Nov 29 HBL Investment Fund(HIFA)	2.8200 ▼ 0.00 (0.00%)
Mian Textile / Nov 29 Mian Textile Industries Limited(MTIL)	8.1500 ▼ 0.00 (0.00%)
I. C. I. / Nov 29 ICI Pakistan Limited New(ICI)	704.0000 ▼ 4.00 (0.00%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	8.0000 ▼ 0.00 (0.00%)

Stock	Volume
Unity Foods / Nov 29 Unity Foods Limited(UNITY)	25,016,500 ▼ 0.76
TRG Pak. / Nov 29 TRG Pakistan Limited(TRG)	22,762,500 ▼ 4.20
Hum Network / Nov 29 Hum Network Limited(HUMNL)	16,218,500 ▼ 0.54
TPL Corp / Nov 29 TPL Corp Limited(TPL)	12,645,500 ▼ 0.44
K-Electric Ltd / Nov 29 K-Electric Limited(KEL)	11,975,000 ▼ 0.14
Pakistan Refinery / Nov 29 Pakistan Refinery Limited(PRL)	9,053,500 ▼ 0.75
Maple Leaf / Nov 29 Maple Leaf Cement Factory Limited(MLCF)	8,575,447 ▼ 0.65
Hascol Petroleum / Nov 29 Hascol Petroleum Limited(HASCOL)	8,449,878 ▼ 0.55
Worldcall / Nov 29 Worldcall Telecom Limited(WTL)	8,126,500 ▼ 0.07
Fauji Foods / Nov 29 Fauji Foods Limited(FFL)	5,072,500 ▼ 0.65

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Nov 28	159.50
USD PKR Interbank Buying / Nov 28	159.35
USD to Japanese Yen / Nov 28	104.09
USD to Swiss Franc / Nov 28	0.91
Pound Sterling to USD / Nov 28	1.33
Euro to USD / Nov 28	1.20

Stock	Volume
S&P 500 / Nov 28	3638.35
India Sensex / Nov 28	44149.72
Tokyo Nikkei / Nov 28	26644.71
Nasdaq / Nov 28	12205.85
Hang Seng / Nov 28	26894.68
FTSE 100 / Nov 28	6367.58
Dow Jones / Nov 28	29910.37
Germany DAX 30 / Nov 28	13335.68
France CAC40 / Nov 28	5598.18

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Nov 27	20085.60
GDPGROWTH / Nov 27	1.00
Foreign Debt (PKR billions) / Nov 27	17000.00
Average CPI % / Nov 27	11.11
UK LIBOR % / Nov 28	0.08