News Archives for Latest - 2024-12-13

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Archive - 2024-12-13

Sports

Bangladesh’s Shakib Al Hasan banned from bowling in ECB competitions

LONDON: Bangladesh all-rounder Shakib Al Hasan has been banned from bowling in England and Wales Cricket Board...

Published 13 Dec, 2024 11:39pm

Europe

Dutch court rules against ban on arms exports to Israel

THE HAGUE: A Dutch court on Friday rejected demands by pro-Palestinian groups for a ban on arms exports from the...

Published 13 Dec, 2024 11:34pm

Pakistan

May 9 riots: SC conditionally allows military courts to announce verdicts

The Supreme Court’s (SC) constitutional bench conditionally allowed on Friday military courts to announce reserved...

Updated 13 Dec, 2024 11:03pm

Companies

Pakistan’s LAAM Technologies raises $5.5mn seed funding

KARACHI: Pakistan-based technology-driven fashion startup, LAAM Technologies has successfully raised $5.5 million in...

Updated 13 Dec, 2024 11:02pm

Business & Economy

World Bank approves $240mn for WASH services in Karachi

Financing to support investments in water, sanitation services

Updated 13 Dec, 2024 10:56pm

Commodities

Gold falls massive Rs5,000 per tola in Pakistan

Gold prices in Pakistan fell significantly on Friday in line with their decline in the international rate. In the...

Updated 13 Dec, 2024 10:55pm

Stocks

KSE-100 rebounds after over 1,500-point intra-day loss, closes in the green

After profit-taking in the first half of the trading session, the Pakistan Stock Exchange (PSX) staged a comeback...

Updated 13 Dec, 2024 10:54pm

Exchange

Rupee records marginal increase against US dollar

Currency settles at 278.12 against the greenback in inter-bank market

Updated 13 Dec, 2024 10:54pm

KE FCA for October: Nepra to approve Re0.27/unit negative adjustment

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) will approve negative adjustment of Re0.27 per unit...

Updated 13 Dec, 2024 10:32pm

Energy

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced...

Updated 13 Dec, 2024 10:01pm

Energy

Oil climbs 1% to 3-week high as more sanctions loom on Russia, Iran

Brent futures rise 67 cents, or 0.9%, to $74.08 a barrel

Updated 13 Dec, 2024 09:57pm

Technology

Out of 2.32mn freelancers, only 38,000 hold bank accounts in Pakistan, PM Committee told

In a startling development, it was disclosed during a high-level meeting of the Prime Minister’s Committee on IT...

Updated 13 Dec, 2024 09:57pm

Pakistan

Security forces kill 16 terrorists in KP, Balochistan operations: ISPR

Security forces have killed 16 terrorists in extensive intelligence-based operations (IBOs) in Khyber Pakhtunkhwa...

Updated 13 Dec, 2024 09:56pm

Energy

PM Shehbaz calls for immediate shutdown of inefficient power plants, pushes for renewables

Statement from PM's Office says premier wants reforms in power sector expedited

Updated 13 Dec, 2024 09:54pm

Cricket

Pakistan allrounder Imad Wasim retires from international cricket

KARACHI: Pakistan’s white-ball spinning allrounder Imad Wasim announced his retirement from international cricket on...

Published 13 Dec, 2024 07:21pm

Commodities

Global LNG: Asian spot LNG falls on muted demand, strong inventories

LONDON: Asian spot liquefied natural gas (LNG) prices fell this week amid weak demand and the availability of more...

Published 13 Dec, 2024 07:16pm

South Asia

Second martial law impeachment vote for South Korean president on knife edge

SEOUL: South Korea’s opposition leader on Friday urged ruling party lawmakers to side with the “people” and impeach...

Published 13 Dec, 2024 06:56pm

Europe

Russian missiles batter Ukraine’s embattled power grid

KYIV: Russia hammered Ukrainian energy facilities in a massive aerial attack on Friday that President Volodymyr...

Published 13 Dec, 2024 06:50pm

Europe

France’s Macron names veteran centrist ally Bayrou as prime minister

PARIS: French President Emmanuel Macron named Francois Bayrou as his fourth prime minister of 2024 on Friday,...

Published 13 Dec, 2024 06:45pm

Movies & Music

Allu Arjun arrested after stampede death at ‘Pushpa 2’ screening

NEW DELHI: An Indian actor was arrested Friday after his appearance at a movie screening allegedly prompted a...

Updated 13 Dec, 2024 06:44pm

Europe

Fewer Russian assets frozen in Germany, finance ministry says

BERLIN: Fewer Russian assets are currently frozen in Germany than a year ago, according to a letter from the finance...

Published 13 Dec, 2024 06:28pm

Markets

India’s forex reserves drop to over five-month low

MUMBAI: India’s foreign exchange reserves fell by $3.2 billion to a more than five-month low of $654.86 billion as...

Published 13 Dec, 2024 06:24pm

Stocks

Real estate and industrial stocks lift Dubai; Abu Dhabi falls

Dubai’s main share index closed higher on Friday, in line with oil prices, boosted by gains in real estate and...

Published 13 Dec, 2024 06:19pm

Commodities

India’s rice stocks surge to record high, boosting export prospects

NEW DELHI/MUMBAI: Rice inventories in India surged to a record high at the start of December, reaching more than...

Published 13 Dec, 2024 06:09pm

Commodities

LME stocks data supports copper, but dollar dominates

LONDON: Copper prices came under pressure from a stronger dollar on Friday, but losses were limited due to London...

Published 13 Dec, 2024 06:02pm

Stocks

India’s benchmark indexes log longest weekly winning run since July

Indian equity benchmarks ended higher on Friday, buoyed by consumer stocks on easing domestic retail inflation, and...

Published 13 Dec, 2024 05:14pm

Stocks

Sri Lanka shares end higher lifted by IT, financials gain

CSE All Share index settled up 1.2% at 14,205.34

Published 13 Dec, 2024 05:11pm

Commodities

Palm ends with more than 4% weekly loss

JAKARTA: Malaysian palm oil futures extended losses on Friday, tracking weakness in rival vegetable oils at the...

Published 13 Dec, 2024 05:09pm

Pakistan

Senate unanimously passes National Forensic Agency Bill, 2024

The Senate on Friday passed the National Forensics Agency (NFA) Bill, 2024 unanimously with certain amendments,...

Published 13 Dec, 2024 05:01pm

Recorder headlines

Published 13 Dec, 2024 04:09pm

Population, economy: ICJ apprised of woeful climate change impacts

Attorney General Mansoor Awan presents Pakistan’s case at the International Court of Justice

Updated 13 Dec, 2024 03:58pm

Forex

Ugandan shilling little-changed; to ease due to commercial bank FX demand

KAMPALA: The Ugandan shilling was little-changed on Friday, but was expected to weaken due to demand for dollars...

Published 13 Dec, 2024 03:48pm

Forex

Russian rouble strengthens vs dollar in volatile trade

MOSCOW: The Russian rouble strengthened against the US dollar but weakened against China’s yuan on Friday amid...

Published 13 Dec, 2024 03:47pm

Technology

Geely, Baidu pledge to solve payroll issues facing EV venture

BEIJING: Geely and Baidu vowed to assist the management team of their electric vehicle venture to properly solve...

Published 13 Dec, 2024 03:45pm

Energy

Iranian oil prices to China hit new multi-year highs as sanctions hit

SINGAPORE: The price of Iranian crude oil sold to China has risen to the highest in years as fresh US sanctions have...

Published 13 Dec, 2024 03:43pm

Opinion

Pakistan’s economic outlook 2025: inflation, growth, & debt

Among macroeconomic indicators, primarily inflation has come down drastically over recent months, whereby consumer...

Updated 13 Dec, 2024 03:41pm

Europe

Kremlin praises Trump’s criticism of Ukrainian strikes deep into Russia

MOSCOW: The Kremlin on Friday praised US President-elect Donald Trump’s criticism of Ukrainian strikes with US...

Published 13 Dec, 2024 03:21pm

Sports

Man City announce record Premier League revenue

LONDON: Manchester City posted record revenues for a Premier League club last season as the champions’ income...

Published 13 Dec, 2024 02:52pm

Forex

South African rand slips after central bank’s quarterly bulletin

JOHANNESBURG: South Africa’s rand slipped against the dollar on Friday after the central bank released its quarterly...

Published 13 Dec, 2024 02:36pm

Over 50 Chinese cos to invest $1.4bn in Sindh projects

KARACHI: Over 50 Chinese companies are set to invest $1.4 billion in Sindh’s various sectors, including healthcare,...

Updated 13 Dec, 2024 02:27pm

Middle East

Israeli strike on Gaza post office kills 30 Palestinians

CAIRO: An Israeli strike on a post office sheltering Gaza residents killed at least 30 Palestinians and wounded 50,...

Updated 13 Dec, 2024 02:27pm

Discos’ sell-off: Power Division fails to satisfy Senate panel

ISLAMABAD: Power Division on Thursday failed to satisfy the Senate Standing Committee on Power about privatisation...

Updated 13 Dec, 2024 02:26pm

Forex

Sterling falls after UK GDP unexpectedly contracts in October

LONDON: The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could...

Published 13 Dec, 2024 02:12pm

Forex

Kenya’s shilling unchanged versus dollar, LSEG data shows

NAIROBI: Kenya’s shilling was unchanged in early trade against the dollar on Friday, London Stock Exchange Group...

Published 13 Dec, 2024 02:08pm

Mutual Funds

Euro area bond yields edge higher after ECB flags caution

LONDON: Euro zone bond yields rose on Friday, a day after the European Central Bank (ECB) cut interest rates but...

Published 13 Dec, 2024 02:06pm

Stocks

European stocks on course to snap three-week winning streak

European stocks slipped on Friday, and were on track to break a three-week winning streak, as investors sought...

Published 13 Dec, 2024 02:02pm

Europe

Antony Blinken says he discussed Gaza ceasefire agreement with Turkiye top officials

ANKARA: US Secretary of State Antony Blinken said on Friday that he discussed the imperative of Palestinian group...

Published 13 Dec, 2024 01:55pm

South Asia

Sri Lanka says Adani port project to continue despite US charges

COLOMBO: Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its...

Published 13 Dec, 2024 01:41pm

Sports

India targeting big first innings total in Brisbane: Gill

BRISBANE: India are determined to post a big first innings total in the third Test against Australia at Brisbane,...

Published 13 Dec, 2024 01:39pm

Life & Style

Taylor Swift closed her Eras tour on top of the world. Now what?

NEW YORK: The nearly two-year-long, $2 billion Eras tour shattered records, made history and quite literally...

Published 13 Dec, 2024 01:32pm

Life & Style

‘Carry-On’ film conjures airport anxieties of the holiday season

LOS ANGELES: For actor Taron Egerton, the Netflix action film “Carry-On” pays homage to Transportation Security...

Published 13 Dec, 2024 01:28pm

Life & Style

Chanel picks Matthieu Blazy as creative director

PARIS: French fashion house Chanel selected former Bottega Veneta design chief Matthieu Blazy as its next creative...

Published 13 Dec, 2024 01:25pm

Plane carrying 318 stranded Pakistanis in Syria lands in Pakistan

Published 13 Dec, 2024 12:46pm

Stocks

China stocks slide as policy pledges fail to impress investors

SINGAPORE: Chinese stocks skidded toward their heaviest losses in three weeks on Friday, after a readout from a...

Published 13 Dec, 2024 12:27pm

Mutual Funds

JGB yields fall as BOJ’s rate hike bets weaken

TOKYO: Japan’s mid-to-long-term government bond yields fell on Friday as the market saw it as less likely that the...

Published 13 Dec, 2024 12:19pm

Asia

China, Egypt agree on need to promote peace in Middle East

BEIJING: China’s foreign minister Wang Yi said Beijing agreed with Egypt that both nations should promote peace and...

Published 13 Dec, 2024 12:14pm

South Asia

Indian police say probing bomb threat to central bank in Mumbai

MUMBAI: Police in India’s financial capital Mumbai said on Friday that they were investigating a bomb threat to the...

Published 13 Dec, 2024 12:11pm

Business & Finance

German exports fall more than expected in October

German exports fell by 2.8% in October compared with the previous month, data from the federal statistics office...

Published 13 Dec, 2024 12:07pm

Europe

Emmanuel Macron, Tusk discuss idea of foreign peacekeepers in Ukraine

WARSAW: Polish Prime Minister Donald Tusk on Thursday said he discussed with French President Emmanuel Macron the...

Published 13 Dec, 2024 12:00pm

South Asia

Six dead in India hospital fire

NEW DELHI: A fire at a private hospital in southern India killed at least six people, police said Friday, with more...

Published 13 Dec, 2024 11:53am

Sports

Veteran Wawrinka gets Australian Open wildcard

MELBOURNE: Three-time Grand Slam champion Stan Wawrinka was handed a wildcard Friday for the Australian Open, a...

Published 13 Dec, 2024 11:49am

Middle East

G7 to meet on Syria, government pledges ‘rule of law’

DAMASCUS: G7 leaders will attempt Friday to forge a common approach to the new government of Syria, which has...

Published 13 Dec, 2024 11:43am

Europe

Britain launches plan to ease development of clean energy projects

LONDON: Britain on Friday launched a plan to make it easier for developers to build clean energy projects which it...

Published 13 Dec, 2024 11:28am

Asia

South Korea opposition leader Lee says impeaching Yoon best way to restore order

SEOUL: South Korean opposition leader Lee Jae-myung said on Friday the best way to restore order in the country is...

Published 13 Dec, 2024 11:24am

Europe

Senior Ukraine official says Kyiv not yet ready for talks with Russia

Ukrainian President Volodymyr Zelenskiy’s chief of staff said in an interview broadcast late on Thursday that Kyiv...

Published 13 Dec, 2024 11:19am

Business & Finance

IMF board concludes review that makes $131 million available to Jordan

WASHINGTON: The International Monetary Fund’s executive board has concluded a review that makes $131 million...

Published 13 Dec, 2024 11:16am

Stocks

South Korean shares dip ahead of impeachment vote

KOSPI was down 4.08 points, or 0.16%, at 2,478.04

Published 13 Dec, 2024 11:13am

USA

Elon Musk says SpaceX headquarters to be in Starbase, Texas

Elon Musk said on social media platform X on Thursday that the SpaceX headquarters will now officially be in the...

Published 13 Dec, 2024 11:10am

Sports

Australia’s Smith consults ‘Mr Cricket’ in bid to arrest slump

MELBOURNE: Australia batsman Steve Smith is weighing a “less is more” approach to training in a bid to arrest his...

Published 13 Dec, 2024 11:07am

Sports

New Zealand ponder Mitch Santner recall for Southee farewell in third England Test

New Zealand will wait until Saturday’s toss to decide whether spinner Mitch Santner will be recalled to the side but...

Published 13 Dec, 2024 11:03am

Sports

Josh Hazlewood returns for third Test against India, Boland out

MELBOURNE: Josh Hazlewood will return to Australia’s XI for the third Test against India in Brisbane after...

Published 13 Dec, 2024 10:48am

Sports

Ben Stokes wary of Ashes distractions as England aim for NZ sweep

England captain Ben Stokes concedes that he has probably spoken too much about next year’s Ashes and is keen that...

Updated 13 Dec, 2024 10:45am

Forex

China’s yuan eases after remarks at key economic meeting fail to inspire

SHANGHAI: China’s yuan eased against the US dollar on Friday as remarks from the annual economic meeting failed to...

Published 13 Dec, 2024 10:44am

Commodities

Iron ore retreats, set for weekly loss as China stimulus disappoints

SINGAPORE: Iron ore futures retreated on Friday and were on track to end the week lower, as top consumer China’s...

Published 13 Dec, 2024 10:41am

USA

Trump to meet widow of former Japan PM Abe on Sunday, source says

US President-elect Donald Trump is planning to meet with Akie Abe, the widow of the late Japanese Prime Minister...

Published 13 Dec, 2024 10:39am

Stocks

Asian shares fall, long-dated Treasuries set for worst week in a year

SYDNEY: Asia shares fell on Friday as a strong dollar kept risk sentiment fragile, while longer-dated Treasury...

Published 13 Dec, 2024 10:30am

Commodities

Corn heads for 4th straight weekly gain on falling US stockpiles

CANBERRA: Chicago corn futures edged lower on Friday after disappointing US export data but were on track for a...

Published 13 Dec, 2024 10:24am

Forex

Australia, NZ dollars under pressure as US yields climb

SYDNEY: The Australian and New Zealand dollars were pinned near multi-month lows on Friday as rising Treasury yields...

Published 13 Dec, 2024 10:17am

Bullion Rate

Gold prices steady as focus turns to Fed’s policy decision

Gold prices were steady on Friday as investors refrained from making big bets, with attention turning to the Federal...

Published 13 Dec, 2024 10:15am

Sports

‘Special Ks’ to reunite for doubles at Australian Open

Thanasi Kokkinakis and Nick Kyrgios will team up for doubles at next month’s Australian Open, and the entertaining...

Published 13 Dec, 2024 10:12am

Mutual Funds

India 10-year bond yield at 6.75%, traders eye debt sale

MUMBAI: Indian government bond yields rose on Friday, hurt by elevated US yields and with the local benchmark bond...

Published 13 Dec, 2024 10:08am

Forex

Indian rupee weakness to persist on rally in dollar, US

MUMBAI: The Indian rupee will have to contend with the higher run in the US dollar and yields at the open on Friday,...

Published 13 Dec, 2024 10:06am

Stocks

Metals drag down Indian shares down at the open

Indian shares opened lower on Friday, dragged down by metal stocks on a strong US dollar and lack of clarity around...

Published 13 Dec, 2024 10:04am

Commodities

Palm tracks weakness in rival oils, set for a weekly loss

JAKARTA: Malaysian palm oil futures opened low on Friday, tracking weakness in rival vegetable oils at Chicago and...

Published 13 Dec, 2024 10:01am

Commodities

Copper eases on firm dollar, lack of clarity around China stimulus; set for weekly loss

NEW DELHI: London copper prices nudged lower on Friday and were on track for weekly losses on the back of a stronger...

Published 13 Dec, 2024 09:57am

Stocks

Japan’s Nikkei falters as traders lock in profit, assess US data

TOKYO: Japan’s Nikkei share average fell on Friday, as investors locked in profit following a four-session climb...

Published 13 Dec, 2024 09:54am

Stocks

Australian shares fall for fourth session as miners weigh

Australian shares tracked Wall Street losses to drop on Friday, with mining stocks declining the most, a day after...

Published 13 Dec, 2024 09:52am

Forex

Dollar set for best week in a month on cut-then-wait Fed outlook

TOKYO: The dollar rose to a 2 1/2-week high against major peers on Friday, on track for its best week in a month,...

Published 13 Dec, 2024 09:48am

Disputes related to cotton cess: PCCC concerned over prolonged delays

ISLAMABAD: Pakistan Central Cotton Committee’s (PCCC) governing body on Thursday expressed serious concern over the...

Updated 13 Dec, 2024 09:24am

Climate funding: ADB commits Rs700bn, IFIs follow suit

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial...

Updated 13 Dec, 2024 09:23am

Pakistan

Trial of civilians under the Army Act: CB’s Mandokhail raises concerns over legitimacy

ISLAMABAD: Justice Jamal Khan Mandokhail questioned how a civilian, not in armed forces, can be tried by military...

Updated 13 Dec, 2024 09:22am

Pakistan

SC CB dismisses pleas against practice procedure ordinance

ISLAMABAD: The Supreme Court (SC) of Pakistan’s Constitutional Bench on Thursday dismissed a set of petitions...

Updated 13 Dec, 2024 09:16am

$425m national transmission modernisation project: World Bank rates implementation as ‘moderately satisfactory’

ISLAMABAD: The World Bank has rated the implementation of “National Transmission Modernization Project” of $425...

Updated 13 Dec, 2024 09:14am

Significant breakthrough: US FAA likely to resume flight operations

KARACHI: Pakistan’s aviation sector is poised for a significant breakthrough as discussions progress with the US...

Updated 13 Dec, 2024 09:12am

Pakistan

SC rejects ECP’s order to disqualify MNA Adil Bazai

ISLAMABAD: The Supreme Court set aside the Election Commission of Pakistan’s order to disqualify Member of ...

Updated 13 Dec, 2024 09:10am

Pakistan

Mayor praises KPC for promoting, strengthening democracy

KARACHI: Mayor Karachi, Barrister Murtaza Wahab, said that Karachi Press Club (KPC) is our historical heritage, and...

Updated 13 Dec, 2024 09:09am

Foreign investment: PM expresses satisfaction over OICCI report

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed satisfaction over the latest report released by...

Updated 13 Dec, 2024 08:47am

BR’s refresher: your morning briefing for the day

Important updates from December 12, 2024

Published 13 Dec, 2024 08:41am

BR Research

Prosperity Weaving Mills Limited

Prosperity Weaving Mills Limited (PSX: PRWM) was incorporated in Pakistan as a public limited company in 1991. The...

Published 13 Dec, 2024 08:39am

Industry

‘Majority of SMEs have no access to formal financing’

ISLAMABAD: Small and Medium Enterprises (SMEs) are playing a role of the backbone of the national economy,...

Published 13 Dec, 2024 08:33am

Business & Finance

Minister calls for structural and operational reforms in TDAP

ISLAMABAD: The Federal Minister for Commerce, Jam Kamal Khan, presided over the 11th Board Meeting of the Trade...

Published 13 Dec, 2024 08:30am

Pakistan

Tarar arrives in Istanbul on three-day official visit

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar has arrived in Istanbul on a three-day...

Published 13 Dec, 2024 08:30am

Energy

Significant cut in POL products’ prices likely

ISLAMABAD: The federal government is considering a significant reduction in ex-depot prices for petroleum ...

Published 13 Dec, 2024 08:28am

BR Research

Unlocking Pakistan’s potential in medical technology

Pakistan’s journey in precision engineering, particularly in the medical technology sector, reflects both immense...

Published 13 Dec, 2024 08:27am

Industry

Chinese CG pays special visit to LCCI

LAHORE: The Chinese Consul General in Lahore Zhao Shiren has paid a special visit to the Lahore Chamber of Commerce...

Published 13 Dec, 2024 08:26am

Pakistan

EPD intensifies operation against non-zigzag brick kilns

LAHORE: The Environment Protection Department (EPD) has intensified operations against non-zigzag brick kilns and...

Updated 13 Dec, 2024 08:25am

BR Research

Monetary policy: Balancing rate cuts and inflation

The monetary policy is due on Monday. The market rates (T-Bills and KIBOR) have already plummeted, making the...

Published 13 Dec, 2024 08:24am

Companies

FY2023-24: NESPAK secured 156 new projects worth Rs23bn

LAHORE: NESPAK, a leading organization of consulting engineers, has set an all-time record in business acquisition ...

Updated 13 Dec, 2024 08:23am

Pakistan

Environmental pollution: Punjab CM proposes to establish JWG with China

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif proposed to establish a joint working group with China to ...

Updated 13 Dec, 2024 08:21am

Letters

‘40pc of world’s Shariah-compliant financial experts hail from Pakistan’

This is apropos a Business Recorder news item ‘40pc of world’s Shariah-compliant financial experts hail from...

Published 13 Dec, 2024 07:57am

Opinion

Victory of peoples’ power in Syria — lesson for tyrants

The decades-long tyranny, repression and iron-fisted rule of the Assad dynasty in Syria has finally crumbled,...

Published 13 Dec, 2024 07:51am

Opinion

FBR: Messing up a messy law

Actus legis nemini facit injurium (A party should not suffer on account of an act or omission by the Court or State...

Published 13 Dec, 2024 07:39am

Editorials

An unnecessary disputation

EDITORIAL: The madressah’s registration bill has ended up triggering an unsavoury controversy between the ...

Published 13 Dec, 2024 07:33am

Editorials

Blaming IMF for inflation!

EDITORIAL: In response to a query from a member of the Treasury benches, Tahira Aurangzeb, the Ministry of Finance...

Published 13 Dec, 2024 07:27am

Companies

FBL recognised as fastest growing bank in Pakistan’s remittance sector

KARACHI: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been honoured by the State Bank ...

Published 13 Dec, 2024 06:29am

Supplements

61st ANNIVERSARY OF KENYA’S INDEPENDENCE: AMB. LT. GEN. PETER MBOGO NJIRU (RTD)

ON THE 61st ANNIVERSARY OF KENYA’S INDEPENDENCE It is with great pleasure and humility that I welcome you all ...

Published 13 Dec, 2024 06:29am

Supplements

61st ANNIVERSARY OF KENYA’S INDEPENDENCE: MOHAMMAD HANIF JANOO ON THE 61st ANNIVERSARY OF KENYA’S INDEPENDENCE

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $ 13 million, reaching $...

Published 13 Dec, 2024 06:29am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 13	277.85
USD PKR Interbank Buying / Aug 13	277.65
USD to Japanese Yen / Aug 14	159.32
USD to Swiss Franc / Aug 14	0.81
Pound Sterling to USD / Aug 14	1.35
Euro to USD / Aug 14	1.16
SOFR % / Aug 14	3.63

Stock	Volume
S&P 500 / Aug 14	7,785.76
India Sensex / Aug 14	78,009.25
Tokyo Nikkei / Aug 14	68,713.80
Nasdaq / Aug 14	26,729.16
Hang Seng / Aug 14	25,116.85
FTSE 100 / Aug 14	10,750.11
Dow Jones / Aug 14	53,732.41
Germany DAX 30 / Aug 14	26,440.31
France CAC40 / Aug 14	8,636.80

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 13	18,580
Gold 10 Grams PKR / Aug 13	394,749
Crude Oil USD/Barrel / Aug 14	82.40
Gold Spot USD/Ounce / Aug 14	4,376.40
Cotton US¢/pound / Aug 14	84.80
Petrol/Litre / Aug 15	325.43
Diesel/Litre / Aug 15	383.95

Gainers
Losers
Leaders

Stock	Price
Gammon Pak / Aug 13 Gammon Pakistan Limited(GAMON)	28.25 ▲ 2.57 (10.01%)
Ideal Dynamics / Aug 13 Ideal Dynamics Limited(IDEAL)	49.13 ▲ 4.47 (10.01%)
Leather Up Ltd. / Aug 13 Leather Up Limited(LEUL)	49.58 ▲ 4.51 (10.01%)
Al-Khair Gadoon / Aug 13 Al-Khair Gadoon Limited(AKGL)	79.51 ▲ 7.23 (10%)
Arctic Textile / Aug 13 Arctic Textile Mills Limited(ARCTM)	47.19 ▲ 4.29 (10%)
Aisha Steel (CPS) / Aug 13 Aisha Steel Mills Limited (CPS)(ASLCPS)	114.83 ▲ 10.44 (10%)
Asim Textile / Aug 13 Asim Textile Mills Limited(ASTM)	90.50 ▲ 8.23 (10%)
Buxly Paints / Aug 13 Buxly Paints Limited(BUXL)	336.04 ▲ 30.55 (10%)
J.A.Textile / Aug 13 J.A. Textile Mills Limited(JATM)	68.84 ▲ 6.26 (10%)
MACPAC Films / Aug 13 MACPAC Films Limited(MACFL)	73.07 ▲ 6.64 (10%)

Stock	Price
Supernet Tech. / Aug 13 Supernet Technologies Limited(STL)	29.87 ▼ -11.86 (-28.42%)
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	13.56 ▼ -1.51 (-10.02%)
Universal Ins. / Aug 13 The Universal Insurance Company Limited(UVIC)	20.71 ▼ -2.3 (-10%)
Mughal Energy / Aug 13 Mughal Energy Limited(GEM)(GEMMEL)	27.20 ▼ -2.72 (-9.09%)
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	5.11 ▼ -0.46 (-8.26%)
Tri-Star Mutual / Aug 13 Tri-Star Mutual Fund Limited(TSMF)	17.14 ▼ -1.43 (-7.7%)
Asia Ins. / Aug 13 Asia Insurance Company Limited(ASIC)	39.82 ▼ -3.18 (-7.4%)
ARM Green Industries / Aug 13 ARM Green Industries Limited(ARMG)	55.60 ▼ -4.43 (-7.38%)
Shadman Cotton / Aug 13 Shadman Cotton Mills Limited(SHCM)	64.02 ▼ -4.9 (-7.11%)
Pak Tobacco / Aug 13 Pakistan Tobacco Company Limited(PAKT)	1,364.29 ▼ -96.5 (-6.61%)

Stock	Volume
Cnergyico PK / Aug 13 Cnergyico PK Limited(CNERGY)	247,072,281 ▲ 0.57
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	103,802,064 ▼ -0.46
Pak Refinery / Aug 13 Pakistan Refinery Limited(PRL)	40,235,369 ▲ 5.93
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	39,092,471 ▼ -1.51
WorldCall Telecom / Aug 13 Worldcall Telecom Limited(WTL)	26,025,744 ▲ 0.01
Thatta Cement / Aug 13 Thatta Cement Company Limited(THCCL)	19,608,245 ▲ 3.36
B.O.Punjab / Aug 13 The Bank of Punjab(BOP)	16,204,913 ▲ 0.18
Hascol Petrol / Aug 13 Hascol Petroleum Limited(HASCOL)	15,337,298 ▼ -0.48
TPL Properties / Aug 13 TPL Properties Limited(TPLP)	15,140,554 ▼ -0.31
TPL Corp Ltd / Aug 13 TPL Corp Limited(TPL)	14,138,754 ▲ 0.53