News stories for BR Web Desk - Business Recorder

BR Web Desk

Business & Finance

Import restrictions: Indus Motor suspends production again

This is Indus Motor’s second announcement of production closure this year

Updated 24 Mar, 2023 04:36pm

BR's refresher: your morning briefing for the day

Important updates from March 23, 2023

Published 24 Mar, 2023 08:46am

Pakistan

Govt constitutes high-powered JIT to probe 'attack' on Judicial Complex

Interior Minister Rana Sanaullah says JIT will complete its investigation within 14 days

Published 23 Mar, 2023 10:43pm

Pakistan

PTI to challenge Punjab election delay in Supreme Court

PTI leaders say ECP's decision was in violation of the constitution

Published 23 Mar, 2023 08:03pm

Pakistan

President Alvi confers civil awards upon Pakistani, foreign nationals

Accolades given to officials for showing excellence, courage in their respective fields

Published 23 Mar, 2023 06:12pm

Pakistan

Mild earthquake jolts Islamabad, parts of Punjab

A 4.8 magnitude earthquake jolts were felt in Islamabad, Faisalabad, and several other cities in Punjab, on Thursday...

Updated 23 Mar, 2023 06:18pm

Pakistan

ECP’s decision to postpone Punjab elections in best interest of Pakistan: Marriyum Aurangzeb

Says ECP saved Pakistan from massive constitutional crisis

Updated 23 Mar, 2023 05:53pm

Pakistan

Pakistan Day: Let us awaken spirit of service to nation, says PM

Says 'today the nation pays homage to Pakistan's founding fathers for their political wisdom'

Updated 23 Mar, 2023 06:10pm

BR's refresher: your morning briefing for the day

Important updates from March 22, 2023

Published 23 Mar, 2023 09:17am

Pakistan

Ramadan moon sighted, first fast in Pakistan on Thursday (March 23)

Central Ruet-i-Hilal Committee chairman Maulana Abdul Khabir Azad announces during press conference in Peshawar

Updated 22 Mar, 2023 10:37pm

Pakistan

ECP postpones Punjab elections till October 8

Electoral watchdog says fresh schedule will be issued in due course of time

Updated 23 Mar, 2023 12:11am

Pakistan

Have polls never been delayed before, asks Sanaullah in joint parliament session

Interior Minister objects to holding general and provincial elections separately

Published 22 Mar, 2023 10:02pm

Pakistan

Funeral prayer of Brigadier Mustafa Kamal Barki offered in Rawalpindi

Brigadier Barki played monumental in neutralizing the terrorist networks involved in the APS attack in 2016, the military's media wing says

Updated 22 Mar, 2023 09:56pm

Pakistan

Only 50% of deemed income tax be paid at the moment: SC grants interim order

Top court directs FBR to expand tax base rather than enhancing taxes on compliant citizens

Published 22 Mar, 2023 06:29pm

Pakistan

Imran claims govt planning another operation at Zaman Park using 'special squad'

Former prime minister says operation likely to be conducted 'today or tomorrow'

Published 22 Mar, 2023 06:09pm

Markets

KSE-100 falls over 500 points owing to IMF programme uncertainty

Investors get mixed signals from government and market

Updated 22 Mar, 2023 07:40pm

Markets

Electricity generation dips 4% in February as economic slowdown continues

China Power Hub Generation and Thar Energy Limited generated zero electricity during February due to coal import issues

Published 22 Mar, 2023 05:15pm

Business & Finance

Import restrictions: Bannu Woollen Mills shuts production for 6 weeks

Cites current economic situation and its effect on the ability of the banks to open LCs for import of raw materials as reason

Updated 22 Mar, 2023 09:32pm

Pakistan

At least 10 dead, 62 injured in KPK after strong earthquake

At least four people killed, 50 injured in Afghanistan

Updated 22 Mar, 2023 08:15pm

Pakistan

Energy transmission lines to be set up in Thar by April 30: PM Shehbaz

PM says the lines will help transport electricity from Thar to rest of Pakistan

Updated 22 Mar, 2023 06:03pm

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Sep 26 The Universal Insurance Company Limited(UVIC)	3.98 ▲ 0.98 (32.67%)
Bilal Fibres / Sep 26 Bilal Fibres Limited(BILF)	2.20 ▲ 0.19 (9.45%)
AL-Abbas Sugar / Sep 26 Al-Abbas Sugar Mills Limited(AABS)	543.95 ▲ 37.95 (7.50%)
Agriautos Ind. / Sep 26 Agriauto Industries Limited(AGIL)	69.91 ▲ 4.88 (7.50%)
Bal. Wheel / Sep 26 Baluchistan Wheels Limited(BWHL)	149.06 ▲ 10.40 (7.50%)
MithchellsFruit / Sep 26 Mitchells Fruit Farms Limited(MFFL)	81.27 ▲ 5.67 (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%)
Suraj Cotton / Sep 26 Suraj Cotton Mills Limited(SURC)	106.01 ▲ 7.40 (7.50%)
AEL Textile / Sep 26 AEL Textile Limited(AEL)	18.65 ▲ 1.30 (7.49%)

Stock	Price
Next Capital / Sep 26 Next Capital Limited(NEXT)	4.30 ▼ -0.58 (-11.89%)
U.D.L.Modaraba / Sep 26 First UDL Modaraba(FUDLM)	4.45 ▼ -0.50 (-10.10%)
Bawany Air Products / Sep 26 Bawany Air Products Limited(BAPL)	9.32 ▼ -0.88 (-8.63%)
AKD Hospitality / Sep 26 AKD Hospitality Limited(AKDHL)	121.75 ▼ -9.75 (-7.41%)
Blessed Tex. / Sep 26 Blessed Textiles Limited(BTL)	372 ▼ -29.00 (-7.23%)
Punjab Mod / Sep 26 First Punjab Modaraba(FPJM)	1.30 ▼ -0.10 (-7.14%)
Sapphire Fibres / Sep 26 Sapphire Fibres Limited(SFL)	1125 ▼ -80.65 (-6.69%)
JS Investments / Sep 26 JS Investments Limited(JSIL)	14 ▼ -1.00 (-6.67%)
Waves Home Appliances / Sep 26 Waves Home Appliances Limited(WHALE)	5.60 ▼ -0.39 (-6.51%)
Allawasaya Tex / Sep 26 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1460 ▼ -100.00 (-6.41%)

Stock	Volume
P.I.A.C.(A) / Sep 26 Pakistan International Airlines Corp(PIAA)	39,294,500 ▲ 0.14
WorldCall Telecom / Sep 26 Worldcall Telecom Limited(WTL)	25,977,686 ▲ 0.03
Pak Elektron / Sep 26 Pak Elektron Limited(PAEL)	20,636,559 ▼ -0.43
K-Electric Ltd. / Sep 26 K-Electric Limited(KEL)	11,029,912 ▲ 0.04
Fauji Foods Ltd / Sep 26 Fauji Foods Limited(FFL)	10,407,842 ▲ 0.24
Cnergyico PK / Sep 26 Cnergyico PK Limited(CNERGY)	9,711,198 ▲ 0.02
Pak Refinery / Sep 26 Pakistan Refinery Limited(PRL)	8,237,304 ▲ 0.16
Hascol Petrol / Sep 26 Hascol Petroleum Limited(HASCOL)	7,286,500 ▲ 0.25
Unity Foods Ltd / Sep 26 Unity Foods Limited(UNITY)	5,817,127 ▼ -0.28
Nishat ChunPow / Sep 26 Nishat Chunian Power Limited(NCPL)	5,515,000 ▼ -0.34

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 26	290
USD PKR Interbank Buying / Sep 26	289.75
USD to Japanese Yen / Sep 26	149.12
USD to Swiss Franc / Sep 26	0.91
Pound Sterling to USD / Sep 26	1.22
Euro to USD / Sep 26	1.06
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 25	4337.44
Nasdaq / Sep 25	13271.32
Dow Jones / Sep 25	34006.88
India Sensex / Sep 26	65995.16
Tokyo Nikkei / Sep 26	32315.05
Hang Seng / Sep 26	17517.92
FTSE 100 / Sep 26	7638.77
Germany DAX 30 / Sep 26	15335.80
France CAC40 / Sep 26	7071.74

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 25	18435
Gold 10 Grams PKR / Sep 25	184159.50
Crude Oil USD/Barrel / Sep 26	88.81
Gold Spot USD/Ounce / Sep 26	1910.85
Cotton US¢/pound / Sep 26	87.25