Print - Business Recorder

Print - 2022-05-25

Sports Print: May 25, 2022

Umar Gul named Afghanistan bowling coach

The contract runs till the end of the year

Sports Print: May 25, 2022

Ibrahimovic out ‘seven to eight months’ after knee surgery

MILAN: Zlatan Ibrahimovic will be out of action for seven to eight months after the veteran striker underwent...

World Print: May 25, 2022

Ukraine FM calls on West to ‘kill Russian exports’ at Davos

DAVOS: Ukraine’s Foreign Minister Dmytro Kuleba called on the West Wednesday to “kill Russian exports” as a price...

World Print: May 25, 2022

Iran and Russia eye more cooperation in energy, trade

TEHRAN: Tehran and Moscow are seeking to expand cooperation in energy and trade, officials said Wednesday, as...

Sports Print: May 25, 2022

Salah staying at Liverpool ‘for sure’ next season as Mane hints at exit

LIVERPOOL: Mohamed Salah has confirmed he will see out his contract at Liverpool next season, but the Egypt forward...

Markets Print: May 25, 2022

VW Group to settle UK ‘dieselgate’ claims for £193mn

LONDON: Volkswagen on Wednesday said it would pay £193 million ($242 million, 226 million euros) to British...

Pakistan Print: May 25, 2022

Some internet users in Karachi, Lahore, Islamabad report connectivity issues

PTA official says situation back to normal now

Markets Print: May 25, 2022

U.S. crude stocks down, refining activity surges: EIA

U.S. crude stocks fell modestly in the most recent week, the government said on Wednesday, as refiners picked up the...

Markets Print: May 25, 2022

Indonesia considers export tax on low content nickel products

JAKARTA: Indonesia is considering imposing an export tax on low content nickel products to encourage downstream...

Markets Print: May 25, 2022

Vedanta to finalize $20 billion Indian chip, display unit site by mid-June: Chairman

DAVOS: Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by mid-June...

World Print: May 25, 2022

Brussels says about $24bn of Russian central bank assets frozen in EU, less than expected

BRUSSELS: European Union states have reported the freezing of about 23 billion euros ($24.5 billion) of assets of...

Markets Print: May 25, 2022

Wall Street rises on growth stocks ahead of Fed minutes

U.S. stock indexes shook off early weakness to trade higher on Wednesday as growth stocks rallied, with investors...

Markets Print: May 25, 2022

Rouble falls from 4-year high vs dollar as rate cut looms

The Russian rouble fell sharply past 60 to the dollar from its strongest level in more than four years in volatile...

Pakistan Print: May 25, 2022

Protesters set police van on fire during clash with security personnel in Karachi

Situation in provincial capital turns violent

Markets Print: May 25, 2022

US natural gas soars to 13-year high as power and LNG plants use more fuel

US natural gas futures jumped about 4% to a fresh 13-year high on Wednesday as power generators and liquefied...

Markets Print: May 25, 2022

Toronto index extends gains on energy boost

A rally in energy and cannabis firms put Canada’s main stock index on course for its fourth straight session of...

Markets Print: May 25, 2022

Wheat down 29-32 cents, corn down 14-16 cents, soybeans down 19-22 cents

CHICAGO: Following are U.S. trade expectations for the resumption of grain and soy complex trading at the Chicago...

World Print: May 25, 2022

Indian court orders life in jail for Yasin Malik

NEW DELHI/OCCUPIED SRINAGAR: An Indian court on Wednesday ordered life in jail for Kashmiri leader Yasin Malik for...

Markets Print: May 25, 2022

US business spending on equipment shows signs of slowing in April

WASHINGTON: New orders for US-made capital goods rose less than expected in April, pointing to some moderation in...

Markets Print: May 25, 2022

NY cocoa hits near six-month lows as supply prospects improve

LONDON: Cocoa futures on ICE hit multi-month lows on Monday on improved weather in top producing region west Africa...

Markets Print: May 25, 2022

Turkey’s lira falls beyond 16.3 vs dollar as FX need grows

ANKARA: Turkey’s lira slid beyond 16.35 against the dollar on Wednesday to its weakest level since the depths of a...

Business & Finance Print: Updated May 25, 2022

Karot Hydropower Project to be made operational soon: PM Shehbaz

Says govt working towards reviving economy, but PTI sit-ins derailing process

Markets Print: May 25, 2022

Palm ends three-day rally as India allows duty-free imports of competing oils

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, ending a three-session rally, pressured by demand...

Markets Print: Updated May 25, 2022

UAE wins contract to operate Afghan airport ground services

The United Arab Emirates has won a contract to operate ground services at three airports in Afghanistan, UAE...

Markets Print: May 25, 2022

Sri Lankan shares end lower as industrials weigh

Sri Lankan shares ended slightly lower on Wednesday, dragged by industrial stocks, with the crisis-hit nation...

Sports Print: May 25, 2022

Raducanu knocked out of French Open in second round

PARIS: US Open champion Emma Raducanu was knocked out of the French Open on Wednesday, losing to Aliaksandra...

Pakistan Print: May 25, 2022

Grateful to Punjab for rejecting PTI's violent long march: Rana Sanaullah

Says Khyber Pakhtunkhwa is where the 'real activity' took place with the help of the provincial govt there

Markets Print: May 25, 2022

European stock markets struggle to recover

LONDON: European stock markets struggled to mount a rebound Wednesday as investors weighed the fallout from surging...

Markets Print: May 25, 2022

Gold prices fall on dollar strength; Fed minutes in focus

Gold prices slipped on Wednesday, pressured by a firmer dollar as investors look to minutes from the U.S. Federal...

Markets Print: May 25, 2022

Lagarde gains key allies for rate hike plans

DAVOS/FRANKFURT: European Central Bank President Christine Lagarde gained key allies for her plan to raise rates out...

Markets Print: May 25, 2022

Industrial metals fall as global growth concerns weigh

Industrial metals fell on Wednesday on concerns about the global economy’s health and a firm U.S. dollar, with...

Markets Print: May 25, 2022

Indian shares post 3-day losing run as IT stocks drag

BENGALURU: Indian shares closed lower for a third straight session on Wednesday, pressured by sharp losses in IT...

World Print: May 25, 2022

Royal Mint makes its biggest-ever coin for Queen Elizabeth's Jubilee

LONDON: Britain's Royal Mint has produced its biggest ever coin to mark Queen Elizabeth's Platinum Jubilee, a 15...

Markets Print: May 25, 2022

Pakistan receives offers in 500,000 tonne wheat tender

HAMBURG: The lowest price offered in a tender being held by Pakistan to purchase 500,000 tonnes of wheat was ...

World Print: Updated May 25, 2022

North Korea testing 'nuclear detonation device': Seoul

SEOUL: North Korea has trialled a "nuclear detonation device", a senior South Korean presidential official said...

Pakistan Print: May 25, 2022

PAF trainer aircraft crashes near Mianwali, pilot survives

A trainer aircraft of the Pakistan Air Force (PAF) crashed on Wednesday near Mianwali during a routine flight...

Markets Print: May 25, 2022

Rouble firms to 4-year high vs dollar as Russian debt payment licence expires

The Russian rouble firmed past 56 against the dollar on Wednesday for the first time since 2018, and touched a...

Markets Print: May 25, 2022

Dollar off 1-month low, kiwi cedes post-rate hike gain

LONDON: The US dollar snapped a two-day losing streak on Wednesday as Treasury yields paused recent falls, its gain...

Pakistan Print: May 25, 2022

Long march: Major arteries blocked, authorities issue traffic plans

Plans aimed at aiding movement of public

Sports Print: May 25, 2022

Australia players raise concerns about touring Sri Lanka during crisis

Australia’s squad have raised ethical concerns about their upcoming tour of Sri Lanka with the island nation in the...

Pakistan Print: May 25, 2022

Two police personnel killed, 25 injured as bus plunges into ravine in Attock

Two police personnel were killed and 25 others injured after a bus carrying the officers plunged in a ravine in...

Markets Print: Updated May 25, 2022

Woes continue: Rupee closes near 202 against dollar

Currency registers 15th successive decline
Rising political noise, delay in resumption of IMF programme continue to dent sentiment

Pakistan Print: Updated May 25, 2022

Punjab CM election saga: LHC slaps Rs100,000 fine on Hamza Shehbaz

Penalty imposed due to non-submission of response on petitions challenging his election as CM

Markets Print: May 25, 2022

Australia shares rise; New Zealand falls as central bank hikes rate

Australian shares rose on Wednesday, led by gains in heavyweight mining and financial stocks, while New Zealand...

Pakistan Print: Updated May 25, 2022

PTI asks workers to reach Islamabad's D-Chowk as situation remains tense

PTI chief insists protest will be peaceful, wants early elections
However, in Karachi, clashes between police personnel and PTI party workers have turned violent

Markets Print: May 25, 2022

India’s palm oil imports could fall to 11-yr low

MUMBAI: India’s palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more...

Markets Print: May 25, 2022

Tokyo stocks close lower on US tech rout

TOKYO: Tokyo stocks closed lower on Wednesday after US shares mostly retreated following a profit warning from the...

Business & Finance Print: Updated May 25, 2022

After over 500-point plunge, KSE-100 closes marginally positive

Benchmark index fell in early hours, but recovered as investors cherry-picked at attractive valuations

Sports Print: May 25, 2022

Mathews, de Sliva guide Sri Lanka to 210-4 in Bangladesh Test

DHAKA: Bangladesh made early inroads on the third day of the second Test in Dhaka on Wednesday but Sri Lanka...

Pakistan Print: Updated May 25, 2022

Let PTI hold protest: SC directs Islamabad chief commissioner to provide alternate site for long march

Responds to petition asking it to direct authorities to unblock roads and not create hindrance in movement of citizens

Markets Print: Updated May 25, 2022

Oil edges higher on tight supply, surge in U.S. refining activity

NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to...

Markets Print: May 25, 2022

China’s yuan slips as weak growth outlook weighs

SHANGHAI: China’s yuan weakened against the US dollar on Wednesday as investor concerns about slowing growth in the...

Markets Print: May 25, 2022

Kiwi soars on hawkish RBNZ, greenback bounces from 1-month low

TOKYO: The New Zealand dollar traded an early decline for a big gain on Wednesday after a hawkish tilt from the...

Markets Print: May 25, 2022

India restricts sugar exports at 10 million tonnes

MUMBAI: India has imposed restrictions on sugar exports for the first time in six years by capping this season’s...

World Print: May 25, 2022

Australia urges China to drop trade tariffs

SYDNEY: Australia’s economy minister called on China Wednesday to drop punishing trade tariffs if it wants to thaw...

World Print: May 25, 2022

Gunman kills 19 children at Texas elementary school

UVALDE: A teenage gunman killed at least 19 young children and two adults at an elementary school in Texas on...

Markets Print: Updated May 25, 2022

Stock markets mixed as traders weigh dark outlook

HONG KONG: Markets were mixed Wednesday, with little sign of any relief from recent dour performances as investors...

BR Research Print: May 25, 2022

FDI sorrows

The news is abuzz with India reporting highest ever foreign direct investment of $83.57 billion for 2022. On the...

BR Research Print: May 25, 2022

Performance of major crops under PTI govt

Pakistan’s crop output is reported to have staged a comeback in the now closing FY22. According to Federal...

BR Research Print: May 25, 2022

Restoring the balancing act

With foreign minister Bilawal on his charm-offensive visiting US and China lately, there is some hope that Pakistan...

BR Research Print: May 25, 2022

Citi Pharma Limited

Citi Pharma Limited (PSX: CHPL) was set up in 2012 as a private limited company under the repealed Companies...

Pakistan Print: May 25, 2022

The Weather

KARACHI: The weather report on Tuesday (May 24, 2022) and the forecast for Wednesday (May 25, 2022)...

Pakistan Print: May 25, 2022

PIDE convocation: Govt committed to reviving economy: planning minister

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has said the government is committed to ...

Pakistan Print: May 25, 2022

NUST becomes first Pakistani university to join DCO

ISLAMABAD: Continuing with its mission to enable digital prosperity for all, the Digital Cooperation Organisation...

Pakistan Print: May 25, 2022

38th anniversary of PANAH celebrated

ISLAMABAD: President PANAH Major-General Masood-ur-Rehman Kayani (retd) said that PANAH is not just an association...

Pakistan Print: May 25, 2022

PPP delegation meets CM

LAHORE: A PPP delegation led by MPA Hasan Murtaza called on Chief Minister Punjab Hamza Shahbaz Tuesday and ...

Pakistan Print: May 25, 2022

Mohmand, Bajaur districts: Senate body takes notice of irregularities in development schemes

ISLAMABAD: The Senate Standing Committee on States and Frontier Regions (Safron) on Tuesday took serious notice of...

Pakistan Print: May 25, 2022

Habib university hosts discussion on political crisis

KARACHI: Habib University hosted its first Twitter space discussion, pioneering an insightful series of ...

Pakistan Print: May 25, 2022

Two more development schemes approved

LAHORE: The Punjab Provincial Development Working Party approved two development schemes of roads sector with an...

World Print: May 25, 2022

Erdogan’s vow to expand Syria operations raises stakes in Turkey-NATO row

ISTANBUL: President Tayyip Erdogan’s pledge to launch military operations soon to expand safe zones already set up...

World Print: May 25, 2022

Three Turkish soldiers killed in Iraq

ISTANBUL: Three Turkish soldiers serving in northern Iraq as part of operations against Kurdish militants were ...

World Print: May 25, 2022

Tedros re-elected as head of WHO

GENEVA: The World Health Organization’s (WHO) members re-elected Tedros Adhanom Ghebreyesus as Director General by...

World Print: May 25, 2022

London’s long-delayed commuter rail link opens

LONDON: Long delayed and over budget, the Elizabeth line rail link finally opened in London on Tuesday, with hopes...

Pakistan Print: May 25, 2022

PSQCA clarification

KARACHI: Pakistan Standards Quality Control Authority has refuted the news item captioned “PSQCA not following...

Pakistan Print: May 25, 2022

Water shortage: IRSA issues another advisory

ISLAMABAD: In view of alarming situation and fearing massive decline in Indus Basin Irrigation System (IBIS), Indus...

Pakistan Print: May 25, 2022

Bilawal seeks OIC role in acquittal of Yasin Malik

Islamabad: Foreign Minister Bilawal Bhutto Zardari on Tuesday urged OIC Secretary-General to ask India for the...

Pakistan Print: May 25, 2022

Political parties urged to reduce instability

KARACHI: Chairman of National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals ...

Pakistan Print: May 25, 2022

KMC workers call off protest

KARACHI: Karachi Metropolitan Corporation (KMC) workers, who were protesting against the non payment of their ...

Pakistan Print: May 25, 2022

Road checking campaign: E&T recovers Rs21.4m from defaulters

KARACHI: Sindh Excise and Taxation Department has so far recovered Rs. 21.4 million from tax defaulters during road...

Pakistan Print: May 25, 2022

Office-bearers of FUUAST teachers’ body elected

Karachi: Professor Dr Faisal Jawaid has been elected President of ‘Anjuman-e-Asatiza’ Federal Urdu University of ...

Pakistan Print: May 25, 2022

Business community rejects increase in EFS, LTFF rates

KARACHI: Business community on Tuesday rejected the increase in Export Finance Scheme (EFS) and Long-Term Financing...

Pakistan Print: May 25, 2022

Provincial govts urged to play role for saving water

KARACHI: Pakistan Businesses Forum (PBF) president Mian Usman Zulfiqar has urged the provincial governments to play...

Pakistan Print: May 25, 2022

Govt will not allow anyone to spread anarchy, chaos: CM

LAHORE: Slamming Imran Khan for his “politics of hatred,” Punjab Chief Minister Hamza Shehbaz said on Tuesday...

Pakistan Print: May 25, 2022

SCBA, PBC condemn raids on residences of lawyers

ISLAMABAD: The Supreme Court Bar Association (SCBA) and the Pakistan Bar Council (PBC) condemned the raids on the...

Pakistan Print: May 25, 2022

By-election in PK-7: June 10 last date for postal ballots

PESHAWAR: The Election Commission of Pakistan (ECP) has fixed the last date for receipt of applications for postal...

Pakistan Print: May 25, 2022

PML-N will not succumb to any pressure: Maryam

LAHORE: Pakistan Muslim League-Nawaz Vice President Maryam Nawaz held former PM Imran Khan responsible for causing...

Pakistan Print: May 25, 2022

Transgender Endowment Fund Bill 2022 presented in KP Assembly

PESHAWAR: The Pakistan’s Transgender Endowment Fund Bill 2022 has been presented in Khyber Pakhtunkhwa ...

Pakistan Print: May 25, 2022

Elahi slams arrest of PTI activists, police raids

LAHORE: Speaker Punjab Assembly Ch Pervaiz Elahi has strongly condemned the arrests of PTI activists and police ...

Pakistan Print: May 25, 2022

UET, Pakistan Tobacco Board sign accord

PESHAWAR: University of Engineering and Technology (UET) Peshawar and Pakistan Tobacco Board (PTB) entered into...

Pakistan Print: May 25, 2022

Sherani forest fire report sent to PM

ISLAMABAD: The government of Balochistan in a report on ongoing fire-fighting operation in the forest of Musha Khel...

Pakistan Print: May 25, 2022

Enforced disappearances: Bill disappeared on way to Senate, claims Mazari

ISLAMABAD: In a startling revelation, the outspoken Pakistan Tehreek-e-Insaf (PTI) leader Dr Shireen Mazari on...

Pakistan Print: May 25, 2022

PTI workers: LHC directs govt not to take illegal action

LAHORE: The Lahore High Court on Tuesday directed the Punjab government and the police not to take illegal action...

Pakistan Print: May 25, 2022

SC to hear plea against roadblocks today

ISLAMABAD: The Supreme Court will take up a petition against the blocking of roads and highways creating hindrance ...

Pakistan Print: May 25, 2022

UK minister arrives in Pakistan

ISLAMABAD: Britain’s Minister for Armed Forces James Heappey MP has arrived on a two-day visit to Pakistan to...

Pakistan Print: May 25, 2022

APNS team meets ISPR DG

RAWALPINDI: A delegation of All Pakistan Newspapers Society called on the Director General ISPR Maj-Gen Babar...

Pakistan Print: May 25, 2022

Summer vacations in Sindh from June 1 to July 31

KARACHI: Sindh Education Department on Tuesday announced two months of summer vacations in the province. According...

Pakistan Print: May 25, 2022

Senate body takes cognisance of Shireen Mazari’s arrest

ISLAMABAD: Senate Standing Committee on Human Rights called an urgent meeting on Tuesday under the chairmanship of...

Pakistan Print: May 25, 2022

Senate panel asks govt to subsidise Hajj expenses

ISLAMABAD: In order to provide relief to the pilgrims, the government has been asked by the Senate Standing ...

Pakistan Print: May 25, 2022

No monkeypox case reported in country so far: NIH

ISLAMABAD: The National Institute of Health (NIH) has clarified that no case of Monkeypox has yet been diagnosed in...

Pakistan Print: May 25, 2022

No compromise on state writ, says minister

ISLAMABAD: Federal Minister for Information and Broadcasting Marriyum Aurangzeb has said that there will be no...

Gainers
Losers
Leaders

Stock	Price
Bilal Fibres / May 25 Bilal Fibres Limited(BILF)	2.45 ▲ 0.40 (19.51%)
Grays Leasing / May 25 Grays Leasing Limited(GRYL)	3.48 ▲ 0.49 (16.39%)
Hira Textile / May 25 Hira Textile Mills Limited(HIRAT)	2.89 ▲ 0.35 (13.78%)
Shaheen Ins. / May 25 Shaheen Insurance Company Limited(SHNI)	3.20 ▲ 0.38 (13.48%)
Khurshid Spinning / May 25 Khurshid Spinning Mills Limited(KHSM)	11.65 ▲ 1.00 (9.39%)
Avanceon Ltd / May 25 Avanceon Limited(AVN)	74.41 ▲ 5.19 (7.50%)
Universal Network / May 25 Universal Network Systems Limited(GEMUNSL)	55.90 ▲ 3.90 (7.50%)
Dadex Eternit / May 25 Dadex Eternit Limited(DADX)	89.70 ▲ 6.25 (7.49%)
Octopus Digital / May 25 Octopus Digital Limited(OCTOPUS)	62.54 ▲ 4.36 (7.49%)
Shahtaj Textile / May 25 Shahtaj Textile Limited(STJT)	87.07 ▲ 6.07 (7.49%)

Stock	Price
Service Textile / May 25 Service Industries Textiles Limited(SERT)	9.06 ▲ -0.94 (-9.40%)
Huffaz Seamless / May 25 Huffaz Seamless Pipe Industries Limited(HSPI)	11.21 ▲ -0.97 (-7.96%)
Nagina Cot. / May 25 Nagina Cotton Mills Limited(NAGC)	89.63 ▲ -7.26 (-7.49%)
Sapphire Fib. / May 25 Sapphire Fibres Limited(SFL)	1011.01 ▲ -81.78 (-7.48%)
Pak Agro Pack. / May 25 Pak Agro Packaging Limited(GEMPAPL)	12.44 ▲ -1.00 (-7.44%)
Supernet Ltd. / May 25 Supernet Limited(GEMSPNL)	18.70 ▲ -1.50 (-7.43%)
Saif Textile / May 25 Saif Textile Mills Limited(SAIF)	21.29 ▲ -1.71 (-7.43%)
AL-Noor Sugar / May 25 Al-Noor Sugar Mills Limited(ALNRS)	48.20 ▲ -3.81 (-7.33%)
Dawood Lawrencepur / May 25 Dawood Lawrencepur Limited(DLL)	177.52 ▲ -13.43 (-7.03%)
Prosperity Weav / May 25 Prosperity Weaving Mills Limited(PRWM)	45.56 ▲ -3.44 (-7.02%)

Stock	Volume
Pak Refinery / May 25 Pakistan Refinery Limited(PRL)	21,151,676 ▼ 0.00
K-Electric Ltd. / May 25 K-Electric Limited(KEL)	15,051,000 ▼ 0.00
WorldCall Telecom / May 25 Worldcall Telecom Limited(WTL)	13,309,000 ▼ 0.00
Cnergyico PK / May 25 Cnergyico PK Limited(CNERGY)	12,718,144 ▼ 0.00
Ghani Glo Hol / May 25 Ghani Global Holdings Limited(GGL)	10,937,015 ▼ 0.00
Unity Foods Ltd / May 25 Unity Foods Limited(UNITY)	9,745,582 ▼ 0.00
TPL Properties / May 25 TPL Properties Limited(TPLP)	9,184,148 ▼ 0.00
Maple Leaf / May 25 Maple Leaf Cement Factory Limited(MLCF)	7,446,984 ▼ 0.00
Silk Bank Ltd / May 25 Silkbank Limited(SILK)	6,492,000 ▼ 0.00
Telecard Limited / May 25 Telecard Limited(TELE)	6,382,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

Most Popular Articles