News stories for BR Web Desk - Business Recorder

BR Web Desk

Sports

Franchises announce retentions for PSL 2024

All six franchises have finalised their trades and player retentions ahead of the Pakistan Super League (PSL) Player...

Published 07 Dec, 2023 10:08pm

Business & Finance

IPO: Dubai Taxi Company shares surge over 19% on first day of trading

CEO says record-breaking demand for IPO, which was 130 times oversubscribed, reflects strength of DTC's investment proposition as Dubai’s largest mobility company

Published 07 Dec, 2023 06:59pm

Markets

Pakistan’s central bank reserves decrease $237mn, now stand at $7.02bn

Total liquid foreign reserves held by country stand at $12.1 billion as of December 1

Updated 07 Dec, 2023 10:34pm

Markets

Gold price per tola increases Rs800 in Pakistan

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

Published 07 Dec, 2023 04:26pm

Pakistan

Al-Azizia case: IHC says will hear Nawaz’s appeal on merit

Nawaz appears before the IHC
Hearing adjourned till Tuesday (Dec 12)

Updated 07 Dec, 2023 10:35pm

Pakistan

Pakistan’s future is ‘very bright’: IMF officials laud improvement in economic situation

It's one of the most important countries in the region and in the world. Pakistanis deserve much more,' says Bahador Bijani, IMF Executive Director

Updated 07 Dec, 2023 10:31pm

Markets

Engro Polymer and Chemicals inks gas supply deal with SSGC

Engro Polymer and Chemicals Limited (EPCL), a subsidiary of Engro Corporation, said on Wednesday it has entered into...

Published 07 Dec, 2023 01:45pm

Markets

Open market: rupee unchanged against US dollar

The Pakistani rupee remained unchanged against the US dollar in the open market on Thursday, while the local...

Updated 07 Dec, 2023 09:50pm

Pakistan

Death toll from fire at Karachi’s Ayesha Manzil rises to 5

The death toll from the fire that erupted on the ground floor of a building in Ayesha Manzil on Wednesday rose to...

Updated 07 Dec, 2023 06:36pm

Markets

Bulls dominate as KSE-100 hits new peak above 64,700

Bulls continued to dominate at the Pakistan Stock Exchange (PSX), as its benchmark KSE-100 Index hit a new peak on...

Updated 07 Dec, 2023 07:04pm

Pakistan

Illegal foreigners impact Pakistan’s security, economy: COAS

Says decision to repatriate them taken by government in interest of Pakistan

Updated 07 Dec, 2023 09:39pm

BR’s refresher: your morning briefing for the day

Important updates from December 6, 2023

Published 07 Dec, 2023 08:58am

Pakistan

485 foreign players register for PSL 2024 draft

As many as 485 international players from 22 nations registered for the Pakistan Super League (PSL) Player Draft...

Published 06 Dec, 2023 11:00pm

Pakistan

Security forces kill terrorist in KP’s DI Khan: ISPR

Security forces on Wednesday killed a terrorist during an intelligence-based operation in the Kulachi area of...

Published 06 Dec, 2023 10:14pm

Sports

Shane Watson takes over as Quetta Gladiators head coach

Quetta Gladiators have confirmed the appointment of former Australia all-rounder Shane Watson as head coach of the...

Published 06 Dec, 2023 07:21pm

Pakistan

At least three dead in fire incident at Karachi’s Ayesha Manzil: mayor

At least three people lost their lives in a fire erupted on the ground floor of a building that housed residences in...

Updated 06 Dec, 2023 10:49pm

Pakistan

Nawaz Sharif meets PML-Q’s Chaudhry Shujaat to discuss electoral alliance

Nawaz visits PML-Q leader at his residence in Lahore

Updated 06 Dec, 2023 10:21pm

Markets

Experts see status quo in last monetary policy announcement of 2023

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to meet on Tuesday, December 12,...

Updated 06 Dec, 2023 10:41pm

Business & Finance

Dubai Chambers attracts 101 digital startups in 2023

Dubai looks to 'activate role of private sector as key driver of sustainable economic growth'

Published 06 Dec, 2023 04:16pm

Markets

Gold price per tola drops Rs1,300 in Pakistan

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

Published 06 Dec, 2023 04:12pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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