News Archives for Pakistan - 2024-08-28 - Business Recorder

MARKETS

BR100 19,539 469.9 (2.46%)

BR30 71,392 2197.8 (3.18%)

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KSE30 52,620 1192.1 (2.32%)

BECO 5.62 ▲ 0.04 (0.72%)

BML 59.51 ▼ -1.71 (-2.79%)

BOP 34.61 ▲ 0.93 (2.76%)

CNERGY 8.08 ▼ 0.00 (0%)

DCL 12.05 ▲ 0.41 (3.52%)

FCCL 54.40 ▲ 2.26 (4.33%)

FCSC 5.52 ▼ -0.11 (-1.95%)

FFL 18.05 ▲ 0.04 (0.22%)

FNEL 1.33 ▼ -0.02 (-1.48%)

HUMNL 11.07 ▲ 0.03 (0.27%)

KEL 8.05 ▲ 0.21 (2.68%)

KOSM 5.88 ▲ 0.15 (2.62%)

MLCF 90.52 ▲ 4.01 (4.64%)

NBP 190.17 ▲ 5.87 (3.19%)

PACE 11.53 ▼ -0.12 (-1.03%)

PAEL 41.07 ▲ 1.11 (2.78%)

PIAHCLA 25.84 ▲ 0.17 (0.66%)

PIBTL 17.51 ▲ 0.24 (1.39%)

PPL 225.84 ▲ 3.17 (1.42%)

PRL 34.63 ▲ 0.17 (0.49%)

PTC 64.62 ▲ 0.88 (1.38%)

SEARL 91.38 ▲ 0.92 (1.02%)

SSGC 26.97 ▲ 0.30 (1.12%)

TELE 8.93 ▲ 0.02 (0.22%)

THCCL 69.16 ▲ 0.69 (1.01%)

TPLP 10.90 ▼ -0.30 (-2.68%)

TREET 24.64 ▼ -0.06 (-0.24%)

TRG 69.78 ▼ -0.81 (-1.15%)

WAVES 11.16 ▲ 0.05 (0.45%)

WTL 1.27 ▼ 0.00 (0%)

اردو

Jun 15, 2026 اردو

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Pakistan - 2024-08-28

Pakistan’s internet disruption could continue till early October due to ‘submarine cable fault’

Business & Economy

Pakistan’s internet disruption could continue till early October due to ‘submarine cable fault’

PTA says fault occurred in two cables, one of which has been repaired

Updated 28 Aug, 2024 08:48pm

Pakistan, Turkiye call for more G2G, B2B partnerships

Business & Economy

Pakistan, Turkiye call for more G2G, B2B partnerships

Authorities in Pakistan and Turkiye stressed on enhancing bilateral trade and investment portfolio through more...

Updated 28 Aug, 2024 07:36pm

Moody’s upgrades Pakistan’s ratings to Caa2, outlook now positive

Business & Economy

Moody’s upgrades Pakistan’s ratings to Caa2, outlook now positive

Upgrade reflects Pakistan’s improving macroeconomic conditions, says Moody's
Expects IMF to approve the EFF in the next few weeks

Updated 28 Aug, 2024 08:04pm

AKU, IBA host dialogue on undergraduate education

Pakistan

AKU, IBA host dialogue on undergraduate education

KARACHI: The Aga Khan University’s Institute for Educational Development (AKU-IED), in partnership with the School...

Published 28 Aug, 2024 08:15am

Proparco, Karandaaz, PFSL collaborate to enhance gender & climate finance

Pakistan

Proparco, Karandaaz, PFSL collaborate to enhance gender & climate finance

KARACHI: Proparco, Karandaaz Pakistan and Parwaaz Financial Services Limited (PFSL) have entered into a landmark...

Published 28 Aug, 2024 08:14am

Scott Urbom assumes role as US CG

Pakistan

Scott Urbom assumes role as US CG

KARACHI: Scott Urbom has officially taken on the role of Consul General at the U.S. Consulate General in Karachi,...

Published 28 Aug, 2024 08:10am

Deputy Speaker NA adjourns session till Friday

Pakistan

Deputy Speaker NA adjourns session till Friday

ISLAMABAD: The deputy speaker National Assembly Syed Ghulam Mustafa Shah on Tuesday adjourned the house till Friday...

Published 28 Aug, 2024 08:08am

Strategic communications, outreach: Khadija Shah made lead for PTI’s EAMC

Pakistan

Strategic communications, outreach: Khadija Shah made lead for PTI’s EAMC

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday appointed Khadija Shah as its national lead for strategic...

Published 28 Aug, 2024 08:06am

SAU in collaboration with FAO installs Flux Tower

Pakistan

SAU in collaboration with FAO installs Flux Tower

HYDERABAD: In a significant step towards enhancing agricultural research and environmental monitoring, a flux tower...

Published 28 Aug, 2024 08:04am

Dubai-based Pakistan swimmer Ahmed Durrani is looking to draw inspiration from Arshad Nadeem’s gold

Pakistan

Dubai-based Pakistan swimmer Ahmed Durrani is looking to draw inspiration from Arshad Nadeem’s gold

DUBAI: Ahmed Durrani, the Dubai-based Pakistani swimmer, is determined to follow in the footsteps of javelin thrower...

Updated 28 Aug, 2024 11:25pm

Minister briefed about IESCO affairs

Pakistan

Minister briefed about IESCO affairs

ISLAMABAD: Minister for Power Sardar Awais Ahmad Khan Leghari along with Secretary Power Dr Muhammad Fakhr-e-Alam...

Published 28 Aug, 2024 06:22am

Federal, Balochistan govts take stock of situation, mull steps

Pakistan

Federal, Balochistan govts take stock of situation, mull steps

QUETTA: Interior Minister Mohsin Naqvi on Tuesday assured Balochistan Chief Minister Sarfraz Bugti that the federal...

Published 28 Aug, 2024 06:22am

Commodore Khalid promoted

Pakistan

Commodore Khalid promoted

ISLAMABAD: Commodore Muhammad Khalid of the Pakistan Navy has been promoted to the rank of Rear Admiral with...

Published 28 Aug, 2024 06:22am

Journalist shot dead in Ghotki

Pakistan

Journalist shot dead in Ghotki

GHOTKI: The police reported that the accused killed the journalist and fled the scene in Sindh Gothki district. The...

Published 28 Aug, 2024 06:22am

Alhamra premieres ‘Gumnam Rahi’

Pakistan

Alhamra premieres ‘Gumnam Rahi’

LAHORE: In collaboration with Kinnaird College Lahore, Alhamra has unveiled the gripping theatre play “Gumnam...

Published 28 Aug, 2024 06:22am

The Weather

Pakistan

The Weather

KARACHI: The weather report on Tuesday (August 27, 2024) and the forecast for Wednesday (August 28, 2024)...

Published 28 Aug, 2024 06:22am

25 terrorists killed in Tirah valley

Pakistan

25 terrorists killed in Tirah valley

ISLAMABAD: In a series of intelligence-based operations (IBOs) in Tirah, Khyber district, security forces have...

Published 28 Aug, 2024 06:22am

Forces hunt militants who killed dozens

Pakistan

Forces hunt militants who killed dozens

QUETTA: Forces hunted separatist militants Tuesday who killed dozens when they pulled passengers off buses, blew up ...

Published 28 Aug, 2024 06:22am

Nishan-i-Imtiaz (military) conferred upon General Li of PLA

Pakistan

Nishan-i-Imtiaz (military) conferred upon General Li of PLA

ISLAMABAD: President Asif Ali Zardari has conferred Nishan-i-Imtiaz (Military) upon Commander General Li Qiaoming of...

Published 28 Aug, 2024 06:22am

JI urges trade bodies to support strike

Pakistan

JI urges trade bodies to support strike

KARACHI: Trade associations on Tuesday reaffirmed their support for today’s shutter-down strike against the ...

Published 28 Aug, 2024 06:22am

IMC gifts Toyota Fortuner GRS to Arshad Nadeem

Pakistan

IMC gifts Toyota Fortuner GRS to Arshad Nadeem

KARACHI: The Indus Motor Company (IMC) has presented its top of the line “Make in Pakistan” Toyota Fortuner GRS...

Published 28 Aug, 2024 06:22am

Ministry yet to finalise National Artificial Intelligence Policy

Pakistan

Ministry yet to finalise National Artificial Intelligence Policy

ISLAMABAD: The Ministry of Information Technology and Telecommunication has yet to finalise the National Artificial...

Published 28 Aug, 2024 06:22am

SC underscores need for reconsidering laws related to prisoners

Pakistan

SC underscores need for reconsidering laws related to prisoners

ISLAMABAD: The Supreme Court said the federal and the provincial governments must reconsider the prisoners’ laws,...

Published 28 Aug, 2024 06:22am

Senate also adopts ICT LG (Amendment) Bill

Pakistan

Senate also adopts ICT LG (Amendment) Bill

ISLAMABAD: A day after the National Assembly passed the Islamabad Capital Territory Local Government (Amendment) ...

Published 28 Aug, 2024 06:22am

Bilal Zulfiqar appointed LWMC chairman

Pakistan

Bilal Zulfiqar appointed LWMC chairman

LAHORE: The Punjab government has appointed Malik Bilal Zulfiqar Ali Khokhar as the new chairman of the Lahore Waste...

Published 28 Aug, 2024 06:22am

PHA offers underpasses, pedestrian bridges for advertisements

Pakistan

PHA offers underpasses, pedestrian bridges for advertisements

LAHORE: The Parks and Horticulture Authority (PHA) has offered underpasses and overhead pedestrian bridges for...

Published 28 Aug, 2024 06:22am

Refresher course on CLMIS for population welfare officers held

Pakistan

Refresher course on CLMIS for population welfare officers held

LAHORE: A refresher course on Centralized Laboratory Management Information System (CLMIS) for capacity-building...

Published 28 Aug, 2024 06:22am

LESCO recovers Rs50m in a day

Energy

LESCO recovers Rs50m in a day

LAHORE: On the directives of Chief Executive Engineer Shahid Hayder, LESCO has intensified its recovery drive ...

Published 28 Aug, 2024 06:22am

Traders in Lahore split?

Pakistan

Traders in Lahore split?

LAHORE: A deepening divide has emerged among trader organizations in Lahore as they wrestle with a nationwide strike...

Published 28 Aug, 2024 06:22am

PM says attacks aimed at thwarting China cooperation

Pakistan

PM says attacks aimed at thwarting China cooperation

ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday that terror groups based in Afghanistan are behind latest...

Published 28 Aug, 2024 06:22am

Govt to support bill seeking increase in number of SC judges?

Pakistan

Govt to support bill seeking increase in number of SC judges?

ISLAMABAD: The federal government will support a series of legislations of private members to increase the number of...

Updated 28 Aug, 2024 09:02am

M2 toll rates raised by 10pc

Pakistan

M2 toll rates raised by 10pc

The...

Updated 28 Aug, 2024 08:11am

Rain emergency: Sindh govt ready to deal with any emergency situation: Sharjeel

Pakistan

Rain emergency: Sindh govt ready to deal with any emergency situation: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has announced the possibility of heavy rains across the province...

Updated 28 Aug, 2024 08:17am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 15	160.01
USD to Swiss Franc / Jun 15	0.79
Pound Sterling to USD / Jun 15	1.35
Euro to USD / Jun 15	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
Nasdaq / Jun 12	25,888.84
Dow Jones / Jun 12	51,202.26
India Sensex / Jun 15	76,764.22
Tokyo Nikkei / Jun 15	69,593.64
Hang Seng / Jun 15	24,816.13
FTSE 100 / Jun 15	10,499.85
Germany DAX 30 / Jun 15	25,012.02
France CAC40 / Jun 15	8,447.27

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Petrol/Litre / Jun 15	373.78
Crude Oil USD/Barrel / Jun 15	80.67
Gold Spot USD/Ounce / Jun 15	4,327.01
Diesel/Litre / Jun 15	378.78
Cotton US¢/pound / Jun 15	76.49

Gainers
Losers
Leaders

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31

Income tax calculator for FY 2026-27

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US, Iran reach peace deal, signing set for Friday, Pakistan says

US, Iran reach peace deal, signing set for Friday, Pakistan says

Gold price per tola gains Rs4,370 in Pakistan

Gold price per tola gains Rs4,370 in Pakistan

Bulls roar at PSX, KSE-100 up over 3,100 points amid US-Iran peace deal

Bulls roar at PSX, KSE-100 up over 3,100 points amid US-Iran peace deal

Federal budget: gives with one hand; takes away with the other

Federal budget: gives with one hand; takes away with the other

Import of aircraft, parts: ST exemption solely for PIACL opposed

Import of aircraft, parts: ST exemption solely for PIACL opposed

Key highlights of Pakistan budget for FY2026-27

Key highlights of Pakistan budget for FY2026-27

Gold rises 2% after US, Iran reach peace deal

Gold rises 2% after US, Iran reach peace deal

PTC seeks final tax status for export levy

PTC seeks final tax status for export levy

Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz

Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz