News stories for BR Web Desk - Business Recorder

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Pakistan

PM Shehbaz vows to transform Pakistan, outpace India in development

Premier says economic stabilisation achieved over the past year has laid groundwork for revitalising key sectors such as agriculture and industry

Updated 22 Feb, 2025 09:08pm

Pakistan

Govt won’t support ‘plots and files’ business, says Aurangzeb

Finance Minister Muhammad Aurangzeb on Saturday reiterated the government’s commitment towards structural reforms,...

Updated 22 Feb, 2025 09:12pm

Technology

Africa-1 submarine cable reaches Pakistan

Cable to connect Pakistan with global digital hubs

Published 22 Feb, 2025 04:05pm

Markets

Gold price per tola gains Rs1,000 in Pakistan

After declining in the previous session, gold price per tola gained Rs1,000 in Pakistan, in line with their increase...

Published 22 Feb, 2025 03:36pm

Sports

Watson backs ‘pivotal’ Maxwell to inspire Australia to glory at ICC Men’s Champions Trophy 2025

Shane Watson has backed all-rounder Glenn Maxwell to dominate the ICC Men’s Champions Trophy 2025 and lead Australia...

Published 22 Feb, 2025 03:21pm

Business & Finance

CCP greenlights Nishat Hotels and Properties’ acquisition of Hotel Margala

The Competition Commission of Pakistan (CCP) approved the acquisition of assets of Hotel Margala Private Limited by...

Published 22 Feb, 2025 02:19pm

Pakistan

IMF lauds Pakistan’s commitment to governance, corruption assessment

An International Monetary Fund (IMF) mission that visited Pakistan earlier this month to assess the governance and...

Published 22 Feb, 2025 01:14pm

Pakistan

Pakistan confirms 3rd polio case of 2025

Case reported from Larkana, Sindh

Published 22 Feb, 2025 12:39pm

Pakistan

IMF mission set to visit Pakistan in early to mid-March

A technical team will be in Pakistan starting in late February to discuss technical issues

Updated 22 Feb, 2025 09:13pm

BR’s refresher: your morning briefing for the day

Important updates from February 21, 2025

Published 22 Feb, 2025 08:37am

Markets

‘Rs130/kg’: govt decides to set up sugar stalls at municipal level in Ramadan

The government has decided to set up sugar stalls at the municipal level to provide sugar at lower rates during the...

Published 21 Feb, 2025 10:30pm

Markets

SBP awards pilot licence to Mashreq Bank to operate as digital retail bank

The State Bank of Pakistan (SBP) has awarded the first restricted licence for pilot operations to Mashreq Bank...

Published 21 Feb, 2025 09:39pm

Markets

Pakistan inflation expected to clock in at 2.0-2.5% in February, says brokerage house

Consumer Price Index stood at 2.4% in January

Updated 21 Feb, 2025 10:20pm

Pakistan

Security forces kill 6 terrorists in Karak IBO: ISPR

The security forces on Friday killed six terrorists in an intelligence-based operation (IBO) in the Karak District...

Published 21 Feb, 2025 05:48pm

Sports

No extra pressure ahead of crunch India game: Rauf

Pakistan fast bowler Haris Rauf rebuffed the notion of any added pressure ahead of the high-stakes clash against...

Updated 21 Feb, 2025 06:05pm

Markets

Gold price per tola falls Rs2,000 in Pakistan

After hitting record peak in the previous session, gold price per tola fell Rs2,000 in Pakistan, in line with their...

Updated 21 Feb, 2025 10:21pm

Business & Finance

Standard Chartered Pakistan registers Rs46bn profit in 2024

Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of...

Updated 21 Feb, 2025 10:17pm

Pakistan

World Bank’s MIGA pledges support for Pakistan’s financial sector, capital markets

Delegation from Multilateral Investment Guarantee Agency meets Finance Minister Aurangzeb

Updated 21 Feb, 2025 10:15pm

Technology

Africa-1 submarine cable to make landfall in Karachi

In a key development towards improved internet connectivity in Pakistan, the Africa-1 submarine cable is set to make...

Updated 21 Feb, 2025 10:49pm

Markets

Profit-taking pulls KSE-100 down, index closes 938 points lower

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index ended 3-session buying rally as the Friday’s session...

Updated 21 Feb, 2025 10:36pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 20	280.28
USD PKR Interbank Buying / Mar 20	280.08
USD to Japanese Yen / Mar 20	148.40
USD to Swiss Franc / Mar 20	0.88
Pound Sterling to USD / Mar 20	1.30
Euro to USD / Mar 20	1.09
UK LIBOR % / Mar 19	4.96

Stock	Volume
S&P 500 / Mar 19	5,675.29
Tokyo Nikkei / Mar 19	37,751.88
Nasdaq / Mar 19	17,750.79
Dow Jones / Mar 19	41,964.63
India Sensex / Mar 20	76,000.05
Hang Seng / Mar 20	24,240.81
FTSE 100 / Mar 20	8,732.14
Germany DAX 30 / Mar 20	23,288.35
France CAC40 / Mar 20	8,163.28

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 19	17,285
Gold 10 Grams PKR / Mar 19	272,076
Crude Oil USD/Barrel / Mar 20	67.58
Gold Spot USD/Ounce / Mar 20	3,046.67
Cotton US¢/pound / Mar 20	66.70
Petrol/Litre / Mar 21	255.63
Diesel/Litre / Mar 21	258.64

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Mar 20 First Elite Capital Modaraba(FECM)	9.29 ▲ 0.94 (11.26%)
Sally Textile / Mar 20 Sally Textile Mills Limited(SLYT)	10 ▲ 1 (11.11%)
Jubilee Spinning / Mar 20 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.20 ▲ 1 (10.87%)
Universal Ins. / Mar 20 The Universal Insurance Company Limited(UVIC)	10.80 ▲ 1 (10.2%)
Crescent Textile / Mar 20 The Crescent Textile Mills Limited(CRTM)	14.72 ▲ 1.34 (10.01%)
Gammon Pak / Mar 20 Gammon Pakistan Limited(GAMON)	27.50 ▲ 2.5 (10%)
Bela Auto / Mar 20 Bela Automotives Limited(BELA)	151.70 ▲ 13.79 (10%)
Macter Int. Ltd / Mar 20 Macter International Limited(MACTER)	444.15 ▲ 40.38 (10%)
Mughal Energy / Mar 20 Mughal Energy Limited(GEM)(GEMMEL)	22 ▲ 2 (10%)
Thatta Cement / Mar 20 Thatta Cement Company Limited(THCCL)	227.63 ▲ 20.69 (10%)

Stock	Price
Burj Clean Energy Modaraba / Mar 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.29 ▼ -1 (-10.76%)
Int. Knit. / Mar 20 International Knitwear Limited(INKL)	19.57 ▼ -2.17 (-9.98%)
Sardar Chemical / Mar 20 Sardar Chemical Industries Limited(SARC)	32.75 ▼ -3.63 (-9.98%)
At-Tahur Ltd. / Mar 20 At-Tahur Limited(PREMA)	46.20 ▼ -5.07 (-9.89%)
Asim Textile / Mar 20 Asim Textile Mills Limited(ASTM)	14.10 ▼ -1.53 (-9.79%)
Elahi Cot. / Mar 20 Elahi Cotton Mills Limited(ELCM)	126.50 ▼ -13.55 (-9.68%)
Khalid Siraj / Mar 20 Khalid Siraj Textile Mills Limited(KSTM)	8.61 ▼ -0.92 (-9.65%)
Idrees Tex. / Mar 20 Idrees Textile Mills Limited(IDRT)	21.99 ▼ -2.04 (-8.49%)
IGI Life Ins / Mar 20 IGI Life Insurance Limited(IGIL)	17 ▼ -1.52 (-8.21%)
Bawany Air Products / Mar 20 Bawany Air Products Limited(BAPL)	24.50 ▼ -2.07 (-7.79%)

Stock	Volume
Cnergyico PK / Mar 20 Cnergyico PK Limited(CNERGY)	162,359,740 ▲ 0.68
Pak Int.Bulk / Mar 20 Pakistan International Bulk Terminal(PIBTL)	52,151,863 ▼ -0.33
Pak Refinery / Mar 20 Pakistan Refinery Limited(PRL)	44,734,751 ▲ 2.55
B.O.Punjab / Mar 20 The Bank of Punjab(BOP)	44,523,419 ▼ -0.52
Pak Elektron / Mar 20 Pak Elektron Limited(PAEL)	36,133,139 ▲ 0.06
WorldCall Telecom / Mar 20 Worldcall Telecom Limited(WTL)	30,884,952 ▲ 0.02
Fauji Cement / Mar 20 Fauji Cement Company Limited(FCCL)	29,042,128 ▼ -0.12
TRG Pak Ltd / Mar 20 TRG Pakistan Limited(TRG)	28,324,854 ▼ -2.01
Sui South Gas / Mar 20 Sui Southern Gas Company Limited(SSGC)	24,434,119 ▲ 0.97
PIA Holding Co.Ltd / Mar 20 PIA Holding Company Limited(PIAHCLA)	19,841,434 ▲ 1.08

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