News stories for BR Web Desk - Business Recorder

BR Web Desk

Business & Finance

Agha Steel says it intends to export iron ore from KPK mines

Has also entered into contract for acquisition of 50 cubic meter blast furnace for backward integration with its existing arc furnace

Published 14 Sep, 2023 02:39pm

Business & Finance

Searle Company gets UAE approval for manufacturing facility

Searle Company Limited (SEARL) announced on Thursday that it has earned approval from the UAE ministry, and...

Updated 14 Sep, 2023 06:31pm

Markets

Open-market: rupee sees improvement against USD

After weakening a day ago, the Pakistan rupee registered some improvement against the US dollar in the open market...

Updated 14 Sep, 2023 06:25pm

Pakistan

US urges Pakistan to hold fair polls in manner consistent with its laws

Spokesperson of the US State Department Matthew Miller responds to a question regarding President Dr Arif Alvi proposing November 6 as the polls date

Updated 14 Sep, 2023 02:32pm

Business & Finance

Pak Suzuki extends shutdown of motorcycle plant

Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till...

Published 14 Sep, 2023 10:53am

BR’s refresher: your morning briefing for the day

Important updates from September 13, 2023

Published 14 Sep, 2023 08:41am

Pakistan

Decision to arrest Nawaz Sharif upon return rests with law enforcers: PM Kakar

Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Wednesday that the decision of whether or not to handcuff...

Published 14 Sep, 2023 12:21am

Sports

Pakistan overhaul nearly half their squad in Asia Cup ‘semi-final’ against Sri Lanka

Pakistan include Mohammad Haris, Nawaz, Zaman, Saud and Wasim Jr in a must-win game to qualify for Asia Cup final

Published 13 Sep, 2023 08:28pm

Markets

KSE-100 drifts higher in range-bound trading

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed slightly higher in a range-bound session on...

Published 13 Sep, 2023 06:22pm

Sports

Naseem Shah ruled out of remainder Asia Cup matches with shoulder injury

Zaman Khan replaces fast bowler

Published 13 Sep, 2023 05:17pm

Pakistan

President Alvi proposes November 6 as election date

President says Article 48(5) of the Constitution empowers him to appoint a date not later than ninety days from the date of the dissolution

Updated 13 Sep, 2023 07:02pm

Pakistan

Only one party knows election date: Bilawal

Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday said only one political party in the...

Updated 13 Sep, 2023 05:24pm

Business & Finance

Market divided over extent of interest-rate increase as SBP meets on Thursday

Experts have suggested a rate hike between 100 to 300bps is on the cards

Updated 13 Sep, 2023 08:24pm

Pakistan

‘Handful of elements’ will not be allowed to hold GB’s law and order situation hostage: caretaker PM

Speaks at inauguration of outpatient department services at cardiology hospital in Gilgit

Updated 13 Sep, 2023 08:25pm

Pakistan

World Bank’s IFC doubles investment commitments in Pakistan to $1.5bn in FY23

The International Finance Corporation (IFC), a member of the World Bank, committed approximately $1.5 billion in...

Updated 13 Sep, 2023 04:55pm

Markets

OGDCL sees significant oil & gas production increase in KPK well

Nashpa Well-10 is situated within the Nashpa Development and Production Lease in the Karak district of the Khyber Pakhtunkhwa province

Updated 13 Sep, 2023 04:24pm

Markets

Open-market: rupee weakens marginally against US dollar

The rupee’s appreciation run in the open market came to a stop as the Pakistani currency inched lower against the US...

Updated 13 Sep, 2023 05:19pm

Pakistan

Cipher case: Special court extends Imran’s judicial remand

Judge Abul Hasnat Zulqarnain conducts hearing at Attock Jail

Updated 13 Sep, 2023 02:56pm

BR’s refresher: your morning briefing for the day

Important updates from September 12, 2023

Published 13 Sep, 2023 08:43am

Pakistan

Cipher case against PTI chief to be heard in Attock Jail on Wednesday: Law ministry

The hearing of the cipher case against former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan...

Published 12 Sep, 2023 11:47pm

Gainers
Losers
Leaders

Stock	Price
Bilal Fibres / Sep 26 Bilal Fibres Limited(BILF)	2.20 ▲ 0.19 (9.45%)
P.I.A.C.(A) / Sep 26 Pakistan International Airlines Corp(PIAA)	5.85 ▲ 0.47 (8.74%)
PICIC Ins.Ltd. / Sep 26 PICIC Insurance Limited(PIL)	0.80 ▲ 0.06 (8.11%)
Agriautos Ind. / Sep 26 Agriauto Industries Limited(AGIL)	69.91 ▲ 4.88 (7.50%)
Pak Hotels / Sep 26 Pakistan Hotels Developers Limited(PHDL)	236.54 ▲ 16.50 (7.50%)
Pak Paper Prod / Sep 26 Pakistan Paper Products Limited(PPP)	54.34 ▲ 3.79 (7.50%)
Kohinoor Mills / Sep 26 Kohinoor Mills Limited(KML)	47.53 ▲ 3.04 (6.83%)
Oilboy Energy / Sep 26 Oilboy Energy Limited(OBOY)	6.19 ▲ 0.38 (6.54%)
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	6.42 ▲ 0.36 (5.94%)
Hascol Petrol / Sep 26 Hascol Petroleum Limited(HASCOL)	5.09 ▲ 0.28 (5.82%)

Stock	Price
Punjab Mod / Sep 26 First Punjab Modaraba(FPJM)	1.21 ▼ -0.19 (-13.57%)
Premier Insurance / Sep 26 Premier Insurance Limited(PINL)	5.36 ▼ -0.79 (-12.85%)
Pak Synthetics / Sep 26 Pakistan Synthetics Limited(PSYL)	24.70 ▼ -2.00 (-7.49%)
Burshane LPG / Sep 26 Burshane LPG (Pakistan) Limited(BPL)	14.51 ▼ -0.99 (-6.39%)
AKD Hospitality / Sep 26 AKD Hospitality Limited(AKDHL)	125 ▼ -6.50 (-4.94%)
Bannu Woollen / Sep 26 Bannu Woollen Mills Limited(BNWM)	19.40 ▼ -1.00 (-4.90%)
Hala Enterprise / Sep 26 Hala Enterprises Limited(HAEL)	6.70 ▼ -0.30 (-4.29%)
Shezan Inter. / Sep 26 Shezan International Limited(SHEZ)	100.10 ▼ -3.89 (-3.74%)
Jauharabad Sug / Sep 26 Jauharabad Sugar Mills Limited(JSML)	15.65 ▼ -0.58 (-3.57%)
Sitara Peroxide / Sep 26 Sitara Peroxide Limited(SPL)	10.61 ▼ -0.39 (-3.55%)

Stock	Volume
P.I.A.C.(A) / Sep 26 Pakistan International Airlines Corp(PIAA)	29,654,500 ▲ 0.47
Pak Elektron / Sep 26 Pak Elektron Limited(PAEL)	20,636,559 ▼ -0.13
WorldCall Telecom / Sep 26 Worldcall Telecom Limited(WTL)	8,986,644 ▲ 0.00
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	7,808,989 ▲ 0.36
Unity Foods Ltd / Sep 26 Unity Foods Limited(UNITY)	5,817,127 ▲ 0.13
Nishat ChunPow / Sep 26 Nishat Chunian Power Limited(NCPL)	5,515,000 ▼ -0.34
Kohinoor Spining / Sep 26 Kohinoor Spinning Mills Limited(KOSM)	5,323,500 ▲ 0.03
Waves Corporation / Sep 26 Waves Corporation Limited(WAVES)	4,921,500 ▼ -0.09
Thatta Cement / Sep 26 Thatta Cement Company Limited(THCCL)	4,528,000 ▲ 0.73
Hascol Petrol / Sep 26 Hascol Petroleum Limited(HASCOL)	4,244,500 ▲ 0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 25	291.05
USD PKR Interbank Buying / Sep 25	290.85
USD to Japanese Yen / Sep 25	148.90
USD to Swiss Franc / Sep 25	0.91
Pound Sterling to USD / Sep 25	1.22
Euro to USD / Sep 25	1.06
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 25	4337.44
India Sensex / Sep 25	66023.69
Tokyo Nikkei / Sep 25	32423.77
Nasdaq / Sep 25	13271.32
Hang Seng / Sep 25	17655.71
FTSE 100 / Sep 25	7623.99
Dow Jones / Sep 25	34006.88
Germany DAX 30 / Sep 25	15405.49
France CAC40 / Sep 25	7123.88

Item	Value
Crude Oil USD/Barrel / Sep 25	89.64
Karachi Cotton PKR/37.32 KG / Sep 25	18435
Gold 10 Grams PKR / Sep 25	184159.50
Gold Spot USD/Ounce / Sep 25	1914.53
Cotton US¢/pound / Sep 25	87.61