News stories for BR Web Desk - Business Recorder

BR Web Desk

Markets

TAPI Pipeline: Pakistan and Turkmenistan sign implementation plan

PM Shehbaz says pipeline crucial for region's prosperity

Updated 08 Jun, 2023 03:29pm

BR’s refresher: your morning briefing for the day

Important updates from June 7, 2023

Published 08 Jun, 2023 08:38am

Pakistan

Jahangir Tareen to launch ‘Istehkam-e-Pakistan’ party tomorow

A large number of PTI defectors also join Tareen's camp

Published 07 Jun, 2023 11:29pm

Pakistan

China, Pakistan, Iran hold counter-terrorism talks in Beijing

FO says delegations held detailed discussions on the regional security situation

Updated 07 Jun, 2023 11:19pm

Pakistan

PPP co-chair Zardari calls stakeholders to formulate ‘charter of economy’

Cites need to prepare a 50-year plan for the country

Updated 07 Jun, 2023 09:19pm

Pakistan

Formation commanders’ moot takes note of propaganda campaign regarding May 9 violence

Miscreants' efforts to hide behind imaginary human rights violations are futile as there is irrefutable evidence of their involvement, the military's media wing says

Updated 07 Jun, 2023 09:20pm

Markets

KSE-100 rises for fourth successive session, index up 0.52%

Rise comes on back of expected resumption of IMF deal

Updated 07 Jun, 2023 07:05pm

Pakistan

Punjab elections: SC clubs ECP plea with petitions challenging judgement review law

Decision taken by three-member bench

Updated 07 Jun, 2023 09:40pm

Markets

Open market: rupee gains, dealers say USD now available

The Pakistani rupee witnessed significant improvement against the US dollar in the open-market on Wednesday with...

Updated 07 Jun, 2023 08:46pm

Pakistan

Toshakhana gifts: Imran Khan secures bail till June 21 in ‘fraud’ case

Case was registered at Kohsar Police Station on request of local watch dealer

Updated 07 Jun, 2023 05:05pm

Pakistan

USAID announces $16.4mn for Sindh’s flood affectees

Assistance will address worsening food insecurity and malnutrition and help curb the spread of disease

Updated 07 Jun, 2023 03:24pm

Pakistan

US asks Pakistan to grant consular access to Khadija Shah

Says Washington has asked Pakistani officials for consular access

Updated 07 Jun, 2023 03:41pm

BR’s refresher: your morning briefing for the day

Important updates from June 6, 2023

Published 07 Jun, 2023 08:52am

Pakistan

Sindh govt to disburse salaries of employees before Eid

Says full pay will be disbursed on June 23

Updated 06 Jun, 2023 11:14pm

Pakistan

National Economic Council approves energy conservation plan

Provinces urged to implement an energy conservation program under which commercial centers would close by 8 pm

Published 06 Jun, 2023 10:06pm

Markets

PSX sustains gains, KSE-100 up 0.61%

News reports of expected resumption of IMF deal in June strengthened investor sentiment

Published 06 Jun, 2023 07:03pm

Pakistan

Punjab govt challenges PTI leader Yasmin Rashid’s acquittal

Govt petition claims witnesses are present for the alleged involvement of the PTI leader in the events of May 9

Published 06 Jun, 2023 06:35pm

Pakistan

Three terrorists killed in exchange of fire with CTD in Swat

At least three terrorists were killed in exchange of fire with the Counter Terrorism Department (CTD) in Tehsil...

Published 06 Jun, 2023 05:21pm

Business & Finance

Pro-agriculture budget expected by brokerage house

Given the increased strain on the import bill in recent times, the government is expected to prioritise the...

Published 06 Jun, 2023 03:55pm

Pakistan

Pakistan proposes inflation target of 21% in estimates for upcoming FY24 budget: report

Pakistan has proposed a GDP (gross domestic product) growth target of 3.5% and an inflation projection of 21% in...

Updated 06 Jun, 2023 06:43pm

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 8 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 8 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 8 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 8 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 8 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 8 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 8 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 8 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 8 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 8 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 8 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 8 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 8 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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