News stories for BR Web Desk - Business Recorder

BR Web Desk

Pakistan

Perpetrators of May 9 violence should never be forgiven: PM Shehbaz

Says even PM should not be allowed to forgive them

Updated 16 May, 2023 10:55pm

Pakistan

Shireen Mazari re-arrested from outside Adiala Jail hours after securing bail: daughter

Aamna Mazari says her mother was re-arrested without a warrant

Published 16 May, 2023 07:25pm

Markets

Political clarity bolsters PSX, KSE-100 rises 0.69%

Market closes above 42,000 points as investors assume fresh position

Published 16 May, 2023 06:24pm

Pakistan

PTI MNA Mahmood Moulvi quits party over attack on military installations

PTI's MNA from Karachi's NA-25 also announces resignation from the seat

Updated 16 May, 2023 07:31pm

Pakistan

IHC stops police from arresting Fawad Chaudhry in any ‘undisclosed’ case

Former information minister seen sprinting back to the court as law-enforcement personnel chase PTI leader

Updated 16 May, 2023 08:01pm

Markets

Pakistan’s fuel oil exports swell amid suppressed domestic demand: report

In a surprising development, Pakistan’s fuel oil exports increased to a record in April, reported Bloomberg on...

Updated 16 May, 2023 06:02pm

Pakistan

LHC reserves verdict on Imran’s plea against arrest

Imran's petition calls on court to give him protection of law and to bar respondents from arresting him in any new criminal case

Updated 16 May, 2023 01:43pm

Pakistan

Individuals have right to protest without violence: US State Dept

Spokesperson says US does not have a position on one political party or one candidate or another

Updated 16 May, 2023 04:20pm

BR’s refresher: your morning briefing for the day

Important updates from May 15, 2023

Published 16 May, 2023 08:46am

Business & Finance

Ishaq Dar announces reduction of Rs12 in petrol price, diesel's rate cut by Rs30

Finance minister says PM Shehbaz wants maximum relief to be passed onto the public

Published 15 May, 2023 11:11pm

Pakistan

Attacks on state installations part of 'conspiracy' to ban PTI, says Imran

Former premier asks his supporters to defeat the conspiracy by holding peaceful protests

Published 15 May, 2023 10:06pm

Pakistan

'No more restraint': top military brass promises to bring perpetrators of May 9 attack to justice

Special Corps Commanders meeting resolves those involved in attacking military installations will be tried under relevant laws of Pakistan including Pakistan Army Act and the Official Secrets Act

Updated 15 May, 2023 09:53pm

Markets

KSE-100 jumps 0.56% amid upside and downside pressures

Investor activity remained slow as they waited for political clarity

Published 15 May, 2023 07:21pm

Pakistan

COAS Asim Munir, UAE president discuss bilateral cooperation over phone call

Both sides talk about collaboration in defence and military affairs

Updated 15 May, 2023 05:42pm

Pakistan

G-20 DSSI: Pakistan signs debt suspension agreements worth $20mn with Korea

Pakistan government has signed a Debt Service Suspension Agreement with the Republic of Korea to defer loans worth...

Updated 15 May, 2023 06:25pm

Pakistan

Economic distress: Pakistan’s large-scale manufacturing down 25% YoY in March

Main contributors towards overall decline are food, tobacco, textile, petroleum products, cement, pharmaceuticals, and automobiles

Updated 15 May, 2023 05:38pm

Pakistan

Protest against SC: Maryam accuses CJP of imposing ‘judicial martial law’

PML-N leader demands Chief Justice Umar Ata Bandial’s resignation

Updated 15 May, 2023 07:41pm

Pakistan

Honda Pakistan ‘prepares to resume operations’ after months-long closure

Company cites improvement in accessibility of trade finance as reason

Updated 15 May, 2023 04:13pm

Pakistan

Punjab, KPK polls: SC adjourns hearing of ECP’s review petition

A three-judge bench headed by Chief Justice Umar Ata Bandial and comprising Justice Ijazul Ahsan and Justice Munib Akhtar postpones hearing for one week

Updated 15 May, 2023 07:05pm

BR’s refresher: your morning briefing for the day

Important updates from May 13 and May 14, 2023

Published 15 May, 2023 08:44am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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