News stories for BR Web Desk - Business Recorder

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Pakistan

Lahore court sends Parvez Elahi on 14-day judicial remand in illegal appointments case

Rejects ACE's request for a physical remand

Updated 04 Jun, 2023 07:31pm

Pakistan

Jinnah House case: Punjab police says all planners 'including Yasmin Rashid' to be brought to justice

Provincial police to challenge court order discharging PTI leader, says any premature assumption at this stage is likely to be misleading

Updated 04 Jun, 2023 10:07pm

Pakistan

PTI president Parvez Elahi re-arrested second day in a row

His arrest comes minutes after being discharged by court in two cases

Published 03 Jun, 2023 09:16pm

Pakistan

Budget FY24: govt could take steps ‘to appease public’, says Topline

Facing massive political pressure, the government could take steps “to appease the public” in the upcoming budget...

Published 03 Jun, 2023 06:27pm

Pakistan

Lahore ATC orders release of Yasmin Rashid in Jinnah House attack case

PTI claims the former Punjab health minister was kept in jail in a fake case to spread propaganda in the media

Updated 03 Jun, 2023 09:05pm

Business & Finance

Turkish firm interested to explore investment opportunities in Pakistan

Limak Holdings chairperson meets PM Shehbaz during latter's Turkiye visit

Updated 03 Jun, 2023 05:45pm

Pakistan

PM Shehbaz arrives in Turkiye to attend Erdogan's swearing-in ceremony

PM will hold meetings with Turkish business community during two-day visit

Updated 03 Jun, 2023 08:07pm

Pakistan

Record inflation, but market says status quo in upcoming monetary policy

High-interest rate along with other macroeconomic measures have already put the brakes on economic growth, argues brokerage house

Updated 03 Jun, 2023 09:06pm

Markets

Pakistan’s textile exports plunge 20% in May: APTMA

Exports clock in at $1.31 billion, compared to $1.64 billion in same month of 2022

Updated 03 Jun, 2023 10:22pm

Pakistan

Delay in IMF programme ‘unprecedented’, says Dar

Finance minister believes there is no technical reason for the delay
Slams 'pseudo-intellectuals' who have predicted country will default

Updated 03 Jun, 2023 08:09pm

BR’s refresher: your morning briefing for the day

Important updates from June 2, 2023

Published 03 Jun, 2023 09:44am

Pakistan

Justice Faez Isa issues clarification about video clip that cast ‘false impression’

Justice Qazi Faez Isa on Friday issued clarification regarding the “erroneous interpretations” of a video clip...

Published 02 Jun, 2023 09:28pm

Markets

KSE-100 rises marginally as economic instability caps gains

Market up 0.21% amid thin volumes

Published 02 Jun, 2023 07:49pm

Pakistan

Former MNA Yaqoob Sheikh leaves PTI

Condemns May 9 violence

Published 02 Jun, 2023 06:33pm

Markets

Engro Fertilizers announces 26-day shutdown of Port Qasim plant

Engro Fertilizers (EFERT), one of Pakistan’s largest manufacturers of fertilizers, seeds and pesticides, announced a...

Published 02 Jun, 2023 05:24pm

Pakistan

A day after company delegation meets PM, Indus Motor announces 1-week plant shutdown

Cites insufficient inventory levels to maintain production in notice to PSX on Friday

Updated 02 Jun, 2023 07:34pm

Markets

Pakistan’s petroleum sales plummet 40% year-on-year in May

Sale of petroleum products in Pakistan clocked in at 1.3 million tons in May 2023, a decline of over 40%...

Published 02 Jun, 2023 04:42pm

Pakistan

Former Punjab CM Usman Buzdar quits politics

Condemns May 9 incident

Updated 02 Jun, 2023 06:25pm

Pakistan

Lawyer Jibran Nasir returns home a day after being ‘abducted’

Prominent human rights activist and lawyer Jibran Nasir returned home on Friday almost 24 hours after being...

Updated 03 Jun, 2023 12:27am

Pakistan

Moments after release, PTI’s Chaudhry Parvez Elahi re-arrested outside Lahore court

Arrest comes after the court ordered release of former Punjab CM in embezzlement case

Updated 02 Jun, 2023 07:47pm

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 9 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.15

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Currency	Rate

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