News stories for BR Web Desk - Business Recorder

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Pakistan

PTI announces alliance with Majlis Wahdat-e-Muslimeen in centre, Punjab

Raoof Hasan says the party will form a coalition with the Jamaat-i-Islami in Khyber Pakhtunkhwa for reserved seats

Updated 13 Feb, 2024 09:39pm

Markets

PPL successfully drills, tests development well in Sindh

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the county, has successfully drilled and tested...

Published 13 Feb, 2024 04:17pm

Sports

PCB unveils PSL 2024 trophy in Lahore

Tournament begins on February 17 in Lahore

Published 13 Feb, 2024 04:05pm

Business & Finance

Allied Bank’s profit jumps 95% in 2023

Allied Bank (ABL) posted a profit-after-tax of Rs41.3 billion ($146.5 million) in 2023, a growth of nearly 95% than...

Updated 13 Feb, 2024 09:25pm

Pakistan

Will sit in opposition if independents form govt: Shehbaz Sharif

Says if PTI-sponsored or non-PTI-sponsored can form a government then they should

Updated 13 Feb, 2024 09:37pm

Pakistan

UN chief closely monitoring post-elections situation in Pakistan

Urges political leaders to maintain calm atmosphere and refrain from violence

Updated 13 Feb, 2024 09:40pm

Markets

MSCI adds 19 Pakistani companies to Small Cap, 3 to Frontier Markets Indexes

In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the February 2024...

Updated 13 Feb, 2024 09:14pm

Markets

KSE-100 stages dramatic recovery after falling below 60k

Turns a corner after plunging over 1,450 points in opening few minutes of trading

Updated 13 Feb, 2024 09:35pm

BR’s refresher: your morning briefing for the day

Important updates from February 12, 2024

Published 13 Feb, 2024 08:49am

Pakistan

PTI delegation meets President Alvi to discuss suspected ‘election irregularities’

Informs President that only 45 forms issued in different constituencies show "facts of the election results"

Updated 12 Feb, 2024 10:53pm

Pakistan

GDA not to take oath on 2 provincial seats won in Feb 8 elections: Pir Pagara

Announces sit-in at Hyderabad Bypass Road against "election-rigging"

Updated 12 Feb, 2024 10:19pm

Markets

Gold prices remain unchanged in Pakistan

Gold prices remain unchanged in Pakistan on Monday, while the yellow metal witnessed a slight decrease in the...

Published 12 Feb, 2024 05:52pm

Pakistan

Siraj-ul-Haq resigns from JI leadership

Jamaat-e-Islami (JI) Chief Siraj-ul-Haq on Monday stepped down from his post after his party failed to make an...

Updated 12 Feb, 2024 10:35pm

Pakistan

Jahangir Khan Tareen resigns from IPP leadership, quits ‘politics altogether’

Istehkam-e-Pakistan Party (IPP) patron-in-chief Jahangir Khan Tareen announced his resignation from the party’s...

Updated 12 Feb, 2024 08:54pm

Pakistan

Delay in election results do not mean rigging: PM Kakar

Says mobile services were down and not internet, adding that the idea was never to manage information on any social space or other

Updated 12 Feb, 2024 08:51pm

General Elections 2024

Access the updated results of Pakistan’s General Elections 2024 here

Click here for NA-wise, detailed results.

Published 12 Feb, 2024 04:10pm

Pakistan

Pakistan ‘is bankrupt’ and ‘sinking deeper every year’: Atif Mian

Atif Mian, a noted Pakistani-American economist and currently a professor of Economics, Public Policy, and Finance...

Updated 12 Feb, 2024 10:18pm

Pakistan

JI’s Hafiz Naeem vacates Sindh Assembly seat over alleged rigging

Jamaat-i-Islami Karachi chief Hafiz Naeem ur Rehman has relinquished his provincial assembly seat, PS-129, from...

Updated 12 Feb, 2024 03:24pm

Markets

Dawood Lawrencepur to sell entire stake in Tenaga Generasi to Artistic Milliners

The Board of Directors (BoD) of Dawood Lawrencepur Limited (DLL) has entered into a Share Purchase Agreement (SPA)...

Updated 12 Feb, 2024 05:06pm

Markets

Attock Refinery postpones month-long closure over OGRA advice

Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, has decided to postpone its month-long...

Updated 12 Feb, 2024 05:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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