News stories for BR Web Desk - Business Recorder

BR Web Desk

Pakistan

Govt keeps prices of petrol, diesel unchanged till April 15

Price of kerosene, light diesel oil reduced by Rs10 per litre

Published 31 Mar, 2023 09:15pm

Pakistan

Stampede during ration distribution in Karachi takes 11 lives

A stampede during a ration distribution event in the SITE area of Karachi on Friday killed at least 11 people and...

Published 31 Mar, 2023 06:41pm

Business & Finance

Atlas Honda, Yamaha increase motorcycle prices in Pakistan

Hike comes due to issues with opening of LCs

Published 31 Mar, 2023 05:41pm

Pakistan

Imran Khan says ready for talks with all stakeholders

Says no illegal and unconstitutional demands will be entertained

Updated 31 Mar, 2023 07:21pm

Pakistan

CJP ‘disregards’ orders of Justices Isa, Aminuddin demanding postponement of suo motu matters

Circular says unilateral assumption of judicial power in such a manner violated the rule laid down by a five-member judgment

Published 31 Mar, 2023 04:26pm

Markets

Optimism grips PSX, KSE-100 rises 0.38%

Lack of progress on resumption of IMF programme, however, keeps participation thin

Updated 31 Mar, 2023 07:25pm

Business & Finance

Pakistani conglomerate Crescent Steel and Allied Products suspends cotton plant operation

Cites shortage of raw cotton and slump in demand as some of the factors for temporary shutdown

Published 31 Mar, 2023 02:46pm

Pakistan

Dar confirms rollover of $2bn China loan, says issue is ‘no longer pending’

Denies reports that request for rollover is 'work in progress'

Updated 31 Mar, 2023 06:46pm

Markets

Ministry of Finance warns inflation to remain high, could increase further

Reasons include market frictions caused by relative demand and supply gap of essential items as well as exchange rate depreciation

Updated 31 Mar, 2023 06:48pm

Markets

MPC meeting: SBP likely to raise key policy rate by 200 basis points

MPC meeting is scheduled to be held on April 4 (Tuesday)

Updated 31 Mar, 2023 07:38pm

Pakistan

Punjab polls delay: another SC judge recuses himself as hearing adjourned

Justice Jamal Khan Mandokhail is the second judge to recuse

Updated 31 Mar, 2023 06:47pm

Business & Finance

Honda Atlas extends plant shutdown amid import difficulties

Pakistan’s auto assembler Honda Atlas Cars (Pakistan) Limited (HCAR) on Friday said its plant, which has been shut...

Updated 31 Mar, 2023 03:44pm

BR's refresher: your morning briefing for the day

Important updates from March 30, 2023

Published 31 Mar, 2023 08:42am

Pakistan

Pakistan moves ahead on plan to outsource three airports

International Finance Corporation (IFC), part of the World Bank Group, qualified as transaction advisor

Published 30 Mar, 2023 07:30pm

Pakistan

‘Five-member bench or full court’: Imran says 90-day constitutional provision ‘inviolable’

Former premier says now Imported govt of crooks, their handlers, and a compromised ECP are making a complete mockery of the Constitution

Updated 30 Mar, 2023 07:44pm

Pakistan

Government to withdraw Curative Review Petition against Justice Faez Isa: PM Shehbaz

PM says review was based on ill-will of Imran Khan and meant to harass the judge

Published 30 Mar, 2023 03:37pm

Business & Finance

Bestway Cement completes plant construction in Punjab

Plant has capacity of 7,200 tonnes of clinker per day and is located near Paikhel in District Mianwali

Published 30 Mar, 2023 03:03pm

Pakistan

Senate approves bill to curtail powers of chief justice

Bill aims to revoke CJP’s power to take suo moto notice in an individual capacity

Updated 30 Mar, 2023 04:00pm

Pakistan

Lahore High Court strikes down sedition law

Petition against law said it was recklessly being used as a tool of exploitation to curb the right to free speech

Updated 30 Mar, 2023 06:23pm

Pakistan

Technical-level talks with IMF are over: Ishaq Dar

Finance minister holds back from giving timeline on when deal will be inked

Updated 30 Mar, 2023 08:53pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.82
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 31	4082.17
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Nasdaq / Mar 31	12133.90
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7638.94
Dow Jones / Mar 31	33079.75
Germany DAX 30 / Mar 31	15641.10
France CAC40 / Mar 31	7330.27

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Crude Oil USD/Barrel / Mar 31	75.20
Gold 10 Grams PKR / Mar 31	178927
Gold Spot USD/Ounce / Mar 31	1979.46
Cotton US¢/pound / Mar 31	83.26

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