News stories for BR Web Desk - Business Recorder

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Pakistan

Caretaker govt challenges Supreme Court’s military trial verdict

The caretaker government approached the Supreme Court (SC) on Friday , challenging its verdict of declaring the...

Updated 17 Nov, 2023 10:41pm

Markets

Open-market: rupee inches up against US dollar

The Pakistani rupee saw marginal improvement against the US dollar in the open market on Friday, as the local...

Updated 17 Nov, 2023 10:39pm

BR’s refresher: your morning briefing for the day

Important updates from November 16, 2023

Published 17 Nov, 2023 08:35am

Pakistan

Caretaker PM Kakar directs all stakeholders to pursue SIFC initiatives

Chief of Army Staff reassures undaunted resolve of Pakistan Army to backstop government initiatives

Updated 16 Nov, 2023 11:02pm

Pakistan

Bilawal vows relief to masses as PPP kickstarts election campaign in KP

Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday said his party has a plan to provide...

Updated 16 Nov, 2023 11:05pm

Markets

Pakistan’s central bank reserves fall $115mn, now stand at $7.4bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $115 million on a weekly basis, clocking...

Updated 23 Nov, 2023 07:56pm

Pakistan

Pakistan calls on world to hold Israel accountable for attacks on Gaza hospitals

Foreign Office Spokesperson Mumtaz Zahra Baloch says Pakistan is appalled by Israeli incursion at Al-Shifa hospital

Updated 16 Nov, 2023 11:04pm

Markets

Gold price per tola decreases Rs500 in Pakistan

Gold rates in Pakistan decreased on Thursday, in line with decline in the international rate. The yellow metal was...

Published 16 Nov, 2023 04:04pm

Pakistan

Security forces kill four terrorists in Peshawar operation: ISPR

Slain terrorists also include high-value terrorist commander Samiullah alias Shenay

Updated 16 Nov, 2023 08:28pm

Markets

Pakistan refining policy: PRL executes upgrade agreement with OGRA

Pakistan Refinery Limited (PRL), one of the country’s largest oil refineries, has successfully executed an upgrade...

Published 16 Nov, 2023 01:20pm

Markets

Open-market: rupee registers gain against US dollar

Updated 16 Nov, 2023 05:35pm

Business & Finance

Regent Plaza sale to SIUT: PHDL board appoints execs to finalise $52m deal

Pakistan Hotels Developers Limited’s (PHDL) board of directors nominated two executives to finalise the sale of...

Updated 16 Nov, 2023 08:25pm

Markets

New high: momentum continues at PSX as KSE-100 crosses 57,000 level

Analysts say IMF-Pakistan agreement a 'positive development' which has improved market sentiment

Updated 16 Nov, 2023 11:03pm

BR’s refresher: your morning briefing for the day

Important updates from November 15, 2023

Published 16 Nov, 2023 08:18am

Business & Finance

Govt cuts petrol price by Rs2.04, HSD by Rs6.47

The new prices go into effect on November 16

Published 15 Nov, 2023 11:54pm

Business & Finance

Cabinet approves levy of 40% tax on banks’ windfall profit earned during 2021-22

The federal cabinet on Wednesday accorded approval to impose 40% tax on windfall profit earned by banks on the...

Published 15 Nov, 2023 10:20pm

Business & Finance

Pakistan, IMF reach staff-level agreement on first review for 9-month Stand-By Arrangement

Agreement subject to approval by the IMF Executive Board

Updated 15 Nov, 2023 10:16pm

Sports

Shan Masood appointed Test captain, Shaheen to lead Pakistan in T20Is

Pakistan Cricket Board (PCB) has announced the appointment of Shan Masood as the Test captain and Shaheen Afridi as...

Published 15 Nov, 2023 08:51pm

Sports

Babar Azam steps down as Pakistan captain

Babar Azam has announced that he was stepping down as the Pakistan cricket captain in all formats. Babar announced...

Updated 15 Nov, 2023 10:39pm

Pakistan

Security forces kill seven terrorists in Tank IBO: ISPR

Forces also recovered weapons and ammunition from killed terrorists, the military's media wing says

Updated 15 Nov, 2023 10:40pm

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 8 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 8 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 8 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 8 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 8 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 8 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 8 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 8 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 8 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 8 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 8 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 8 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 8 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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