BR100 3,787 ▲ 51 (1.36%)

BR30 19,400 ▲ 298 (1.56%)

KSE100 36,579 ▲ 389 (1.07%)

KSE30 15,883 ▲ 189 (1.2%)

COVID-19 TOTAL ▲ DAILY

CASES 251,625 ▲ 2753

DEATHS 5,266 ▲ 69

RECOVERIES 161,917

Sindh 105,533 Cases

Punjab 87,043 Cases

Balochistan 11,185 Cases

Islamabad 14,108 Cases

KP 30,486 Cases

Business Recorder

Jul 13, 2020 PRINT EDITION

BR Research

Power surcharges – good luck with that!

The media is abuzz again about how the government is planning to finance the circular debt from the consumers. Only...

Published Jul 13, 2020 09:25am

BR Research

Naya Pakistan Housing: The plot thickens

Here’s what we know: there is a housing subsidy of Rs30 billion that we have known for a while. There is no more...

Updated Jul 13, 2020 12:06pm

BR Research

Exports: the great relocation?

The marathon to attract global manufacturers diversifying away from China continues. First, it was the rising costs...

Published Jul 13, 2020 09:24am

Fixing the breach

Much has been written about America’s failure in containing the spread of the coronavirus within its shores. But...

Interview with George Long, Chief Executive Officer, OPPO Pakistan

OPPO to bring 5G technology to Pakistan soon

George Long is CEO of OPPO Pakistan, AED. Mr. Long has been with OPPO...

Reading PSX pulse

It appears that investors at Pakistan Stock Exchange have decided to give weight to falling number of Covid-19 cases...

Is it the beginning of the end?

Covid-19 positive cases are witnessing a decline and not just because of a slowdown in countrywide testing, but also...

TSML: dire straits?

Interview with, Mr. Osman Khalid Waheed, CEO and Director Ferozsons Laboratories Limited

U-turn in the yield curve

Currency	Rate
USD PKR Interbank Selling / Jul 11	166.40
USD PKR Interbank Buying / Jul 11	166.10
USD to Japanese Yen / Jul 11	106.93
USD to Swiss Franc / Jul 11	0.94
Pound Sterling to USD / Jul 11	1.26
Euro to USD / Jul 11	1.13

Stock	Volume
S&P 500 / Jul 11	3185.04
India Sensex / Jul 11	36594.33
Tokyo Nikkei / Jul 11	22290.81
Nasdaq / Jul 11	10617.44
Hang Seng / Jul 11	25727.41
FTSE 100 / Jul 11	6095.41
Dow Jones / Jul 11	26075.30
Germany DAX 30 / Jul 11	12633.71
France CAC40 / Jul 11	4970.48

Indicator	Value
Weekly Foreign Reserves / Jul 9	17971.90
Foreign Debt / Jul 9	15087.50
Per Capita Income (CPI) / Jul 9	1516.00
Average CPI / Jul 9	11.11
UK LIBOR / Jul 11	0.35

BR Research

Covid-19: Optimism vs evidence (II)

Lockdown, mini-lockdown, smart lockdown, no lockdown. It seems Pakistan has tried everything. Right now, the country...

Published Jul 09, 2020 08:15am

BR Research

Rupali Polyester Limited

Rupali Polyester Limited (PSX: RUPL) as a public limited company in 1980 under the Companies Act, 1913. The company...

Published Jul 09, 2020 08:11am

BR Research

Power woes – no lessons learnt

Pakistan’s energy sector has been in perpetual crisis, for one reason or another. From massive load shedding to...

Published Jul 08, 2020 09:11am

BR Research

IPO files: TOMC

With the book building of Pakistan’s first IPO in more-than-a-year coming to end yesterday, The Organic Meat...

Published Jul 08, 2020 09:11am

BR Research

PSDP: taking stock

So how much did the federal government end up spending on development last fiscal? It’s time to take stock of the...

Published Jul 08, 2020 09:10am

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jul 13 Escorts Investment Bank Limited(ESBL)	9.5500 ▲ (0.80%) (9.14%)
Shaheen Ins. / Jul 13 Shaheen Insurance Company Limited(SHNI)	3.6400 ▲ (0.24%) (7.06%)
Bolan Castings / Jul 13 Bolan Castings Limited(BCL)	55.3400 ▲ (2.84%) (3.35%)
Azgard Nine / Jul 13 Azgard Nine Limited(ANL)	15.0800 ▲ (0.68%) (2.78%)
Aisha Steel / Jul 13 Aisha Steel Mills Limited(ASL)	10.8100 ▲ (0.71%) (2.48%)
Colony Textile / Jul 13 Colony Textile Mills Ltd.(CTM)	4.4000 ▲ (0.20%) (2.38%)
Sitara Peroxide / Jul 13 Sitara Peroxide Limited(SPL)	22.9000 ▲ (1.20%) (2.12%)
Engro Fertilizers / Jul 13 Engro Fertilizers Limited(EFERT)	64.8915 ▲ (2.09%) (2.01%)
Dewan Farooque Motors / Jul 13 Dewan Farooque Motors Limited(DFML)	6.2000 ▲ (0.35%) (1.95%)
Pakgen Power / Jul 13 Pakgen Power Limited(PKGP)	14.2000 ▲ (0.40%) (1.52%)

Stock	Price
Kohinoor Sp. / Jul 13 Kohinoor Spinning Mills Limited(KOSM)	2.2143 ▼ (0.20%) (-8.54%)
Ghazi Fab. / Jul 13 Ghazi Fabrics International Limited(GFIL)	3.0900 ▼ (0.27%) (-8.44%)
Pervez Ahmed Cons. / Jul 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.8500 ▼ (0.05%) (-5.88%)
Ruby Tex. / Jul 13 Ruby Textile Mills Limited(RUBY)	8.3000 ▼ (0.30%) (-3.61%)
Pace (Pakistan) / Jul 13 Pace (Pakistan) Limited(PACE)	2.3400 ▼ (0.11%) (-3.04%)
ECOPACK / Jul 13 Ecopack Limited(ECOP)	21.5000 ▼ (0.85%) (-2.98%)
Rupali / Jul 13 Rupali Polyester Limited(RUPL)	18.5100 ▼ (0.51%) (-2.76%)
Friesland. Engro / Jul 13 Frieslandcampins Engro Foods Limited(FCEPL)	73.8959 ▼ (3.91%) (-2.65%)
Thal LTD / Jul 13 Thal Limited(THALL)	344.5000 ▼ (8.50%) (-2.47%)
Shahmurad / Jul 13 Shahmurad Sugar Mills Limited(SHSML)	103.0000 ▼ (0.00%) (-2.42%)

Stock	Volume
Unity Foods / Jul 13 Unity Foods Limited(UNITY)	16,161,000 ▼ (0.40%)
Pak Elektron / Jul 13 Pak Elektron Limited(PAEL)	9,332,000 ▼ (0.98%)
Hascol Petroleum / Jul 13 Hascol Petroleum Limited(HASCOL)	7,851,500 ▼ (0.17%)
Aisha Steel / Jul 13 Aisha Steel Mills Limited(ASL)	7,677,000 ▼ (0.71%)
TRG Pak. / Jul 13 TRG Pakistan Limited(TRG)	6,202,000 ▼ (0.54%)
Pak Int.Bulk Ter / Jul 13 Pakistan International Bulk Terminal Limited(PIBTL)	4,377,000 ▼ (0.15%)
Maple Leaf / Jul 13 Maple Leaf Cement Factory Limited(MLCF)	3,574,500 ▼ (0.48%)
Friesland. Engro / Jul 13 Frieslandcampins Engro Foods Limited(FCEPL)	3,236,500 ▼ (3.91%)
Worldcall / Jul 13 Worldcall Telecom Limited(WTL)	3,214,000 ▼ (0.04%)
Bank of Punjab / Jul 13 The Bank of Punjab(BOP)	3,079,000 ▼ (0.22%)

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jul 11	166.40
USD PKR Interbank Buying / Jul 11	166.10
USD to Japanese Yen / Jul 11	106.93
USD to Swiss Franc / Jul 11	0.94
Pound Sterling to USD / Jul 11	1.26
Euro to USD / Jul 11	1.13

Stock	Volume
S&P 500 / Jul 11	3185.04
India Sensex / Jul 11	36594.33
Tokyo Nikkei / Jul 11	22290.81
Nasdaq / Jul 11	10617.44
Hang Seng / Jul 11	25727.41
FTSE 100 / Jul 11	6095.41
Dow Jones / Jul 11	26075.30
Germany DAX 30 / Jul 11	12633.71
France CAC40 / Jul 11	4970.48

Indicator	Value
Weekly Foreign Reserves / Jul 9	17971.90
Foreign Debt / Jul 9	15087.50
Per Capita Income (CPI) / Jul 9	1516.00
Average CPI / Jul 9	11.11
UK LIBOR / Jul 11	0.35