News stories for BR Web Desk - Business Recorder

BR Web Desk

BR’s refresher: your morning briefing for the day

Important updates from April 23, 2025

Published 24 Apr, 2025 08:29am

Pakistan

Faisal Vawda calls for national unity, PTI inclusion in NAP talks amid rising India tensions

Amid escalating tensions after India suspended Indus Waters Treaty with Pakistan, senior politician Senator Faisal...

Updated 24 Apr, 2025 09:30am

Pakistan

PM Shehbaz convenes emergency NSC meeting after India suspends Indus Waters Treaty

Prime Minister Shehbaz Sharif has called an emergency meeting of the National Security Committee (NSC) for Thursday...

Published 23 Apr, 2025 09:44pm

Pakistan

PAA confirms upgrade of DG Khan Airport for larger aircraft

Pakistan Airports Authority (PAA) has announced the upgradation of Dera Ghazi Khan Airport to facilitate Airbus A320...

Published 23 Apr, 2025 09:27pm

World

India suspends Indus Waters Treaty with Pakistan with immediate effect

Attari-Wagah border will be closed with immediate effect, Indian official says

Updated 24 Apr, 2025 10:27am

Business & Finance

Power minister sacks 7 NTDC officials over ‘negligence, unnecessary project delays’

Federal Power Minister Sardar Awais Ahmed Khan Leghari has ordered the immediate removal of seven senior National...

Published 23 Apr, 2025 07:44pm

Markets

ICMA calls for fast-track industrial solarisation to address power crisis

The Institute of Cost and Management Accountants (ICMA) Pakistan has urged the government and industry stakeholders...

Published 23 Apr, 2025 07:07pm

Sports

PSL 10: Multan Sultans owner Ali Tareen denies exit rumours

Multan Sultans owner Ali Tareen has dismissed speculation suggesting he plans to part ways with the franchise after...

Published 23 Apr, 2025 05:56pm

Markets

Kohinoor Energy profit declines 60% to Rs180mn in Jan-Mar 2025

Kohinoor Energy Limited registered a decline of 60% in its profit for the quarter ended March 31, 2025, against the...

Published 23 Apr, 2025 05:32pm

Pakistan

4 killed, 4 injured in car-truck collision in Balochistan’s Lasbela

Four people lost their lives and four others sustained injuries in a collision between a passenger car and a truck...

Published 23 Apr, 2025 05:30pm

Business & Finance

Govt set to scrap federal excise duty on property to boost real estate

The government is set to eliminate Federal Excise Duty (FED) on property transactions after Prime Minister Shehbaz...

Updated 23 Apr, 2025 07:11pm

Business & Finance

Barkat Frisian says to set up Rs500mn dried egg powder plant

Barkat Frisian Agro Limited (BFAGRO) said on Wednesday it would set up a dried egg powder production facility with...

Updated 23 Apr, 2025 07:08pm

Markets

Gold falls massive Rs11,700 per tola in Pakistan

After hitting record high in the previous session, gold prices decreased in the local market and international...

Updated 23 Apr, 2025 08:43pm

Markets

Aurangzeb highlights Panda, ESG bonds in key meetings at Washington: Finance Division

Finance minister meets delegations of Deutsche Bank, Moody’s

Updated 23 Apr, 2025 07:06pm

Markets

Selling returns to PSX, KSE-100 Index closes over 1,200 points lower

Selling returned to the Pakistan Stock Exchange (PSX) as its benchmark KSE-100 Index lost over 1,200 points during...

Updated 23 Apr, 2025 06:30pm

Pakistan

Pakistan expresses concern at loss of tourists’ lives in IIOJK firing

Pakistan said Wednesday that it was concerned at the loss of tourists’ lives in an attack in Anantnag district of...

Updated 23 Apr, 2025 09:38pm

BR’s refresher: your morning briefing for the day

Important updates from April 22, 2025

Published 23 Apr, 2025 08:42am

Business & Finance

Aurangzeb highlights Pakistan’s macroeconomic stability at G-24 meeting

Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday highlighted the country’s progress in...

Published 22 Apr, 2025 08:20pm

Pakistan

Law Minister pledges ‘constitutional solution’ to canals dispute with Sindh

Law Minister Azam Nazeer Tarar assured the Senate on Thursday that the contentious canals issue would be resolved...

Published 22 Apr, 2025 07:06pm

Business & Finance

CCP approves merger of Junaid Jamshed, U&I Garments

The Competition Commission of Pakistan (CCP) has approved proposed merger of Junaid Jamshed (Private) Limited (JJPL)...

Published 22 Apr, 2025 06:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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