News stories for BR Web Desk - Business Recorder

BR Web Desk

Markets

'PM wants difference between fuel prices paid by rich and poor to be Rs100'

Minister of State for Petroleum Dr Musadik Malik says owners of luxury cars will pay higher rates, while low-income groups will be given cheaper fuel

Updated 20 Mar, 2023 08:38pm

Pakistan

Pakistan’s current account deficit clocks in at meagre $0.07bn in February

Cumulatively, deficit reduced to $3.9bn in Jul-Feb FY23 compared to $12.1bn in Jul-Feb FY22.

Updated 20 Mar, 2023 09:28pm

Pakistan

Citing security threats, Imran asks courts to conduct his hearings via video link

Claims govt and its handlers made solid plan to eliminate him outside the judicial complex

Updated 20 Mar, 2023 09:46pm

Pakistan

Smear campaign against COAS deserves ‘strongest condemnation’: PM Shehbaz

Says Imran Khan is stooping to unprecedented lows in desperation for power

Published 20 Mar, 2023 04:20pm

Pakistan

Punjab police to respond with equal force if assaulted again by PTI supporters: Mohsin Naqvi

Punjab Caretaker Chief Minister says police had been patient with PTI workers during Zaman Park raids

Updated 20 Mar, 2023 06:04pm

Business & Finance

Inflation could break further records, clock in above 34%: report

JS Global says higher gas and cigarette prices are among key drivers of inflation

Updated 20 Mar, 2023 03:21pm

Business & Finance

Ghandhara Tyre suspends operations as economic turmoil takes toll

Company says hindrance in securing LCs has severely disrupted supply chain

Updated 20 Mar, 2023 03:17pm

BR's refresher: your morning briefing for the day

Important updates from March 18 and March 19, 2023

Published 20 Mar, 2023 08:44am

Pakistan

PML-Z president Ijaz-ul-Haq joins PTI

Pakistan Muslim League-Zia (PML-Z) chief Ijaz-ul-Haq on Sunday announced joining the Pakistan Tehreek-e-Insaf (PTI),...

Published 19 Mar, 2023 08:39pm

Pakistan

Govt announces fuel package relief for low-income families

Wants to subsidise Rs50 per litre for those using motorcycles, rickshaws and 800cc vehicles

Updated 19 Mar, 2023 09:11pm

Pakistan

Imran Khan announces PTI power show at Minar-e-Pakistan on Wednesday

Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan announced on Sunday that his party's...

Published 19 Mar, 2023 06:20pm

Pakistan

Govt will not hold dialogue with PTI leadership: Marriyum

Information Minister says PTI leadership believes in the idea of confrontational politics

Published 19 Mar, 2023 04:26pm

Pakistan

FIR registered against Imran, other PTI leaders over chaos outside Judicial Complex

FIR states PTI chief along with his supporters violated Section 144 and blocked the road for traffic

Updated 19 Mar, 2023 06:25pm

Pakistan

Rana Sanuallah says 'enough evidence' found to start proceedings to ban PTI

Interior Minister says govt will consult legal and government team in this regard

Updated 19 Mar, 2023 02:59pm

Pakistan

Three terrorists killed in Balochistan’s Awaran: ISPR

Army remains determined to thwart attempts at sabotaging peace, stability, and progress of Balochistan, the military's media wing says

Published 18 Mar, 2023 11:38pm

Pakistan

Imran destroying Pakistan's peace to avoid indictment in one case: Attaullah Tarar

PML-N leader says PTI should be treated as a terrorist organisation as its defying the state's writ

Updated 18 Mar, 2023 08:21pm

Pakistan

PEMRA prohibits live/recorded coverage of ‘rally, public gathering, procession’ for Mar 18

Says live telecast of footage on different satellite TV channels created chaos and panic among viewers and Police

Published 18 Mar, 2023 03:17pm

Pakistan

Further hike in policy rate on the cards as inflation runs deep in Pakistan

Brokerage house AHL says it expects an increase of 100bps in upcoming meeting on April 4

Updated 18 Mar, 2023 03:29pm

Pakistan

Punjab police says it found weapons, petrol bombs from Imran Khan’s house

Imran strongly condemns ‘assault’ on his home, which occurred as PTI chief made his way to Islamabad for court appearance

Updated 18 Mar, 2023 08:19pm

Pakistan

Toshakhana case: Court suspends Imran Khan's non-bailable arrest warrant

Additional District and Sessions Judge Zafar Iqbal permitted Imran to mark attendance at the gate
Imran says the 'ruling cabal of crooks' want to jail him till the elections are over

Updated 18 Mar, 2023 08:47pm

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