Trends - Norway - Business Recorder

Norway

First carbon capture cement facility opens in Norway

BREVIK (Norway): Norway on Wednesday inaugurated the first large-scale facility for capturing carbon dioxide...

Published 19 Jun, 2025 07:37am

Business & Finance

Norway’s Telenor lags first-quarter core earnings expectations

Norwegian telecom operator Telenor reported first-quarter earnings slightly below analysts’ expectations on Tuesday...

Published 06 May, 2025 10:32am

World

Occupied territories: Norway fund urged by union to divest from cos aiding Israel

OSLO: Norway’s $1.8 trillion wealth fund should divest from all companies that aid Israel in the occupied...

Published 06 May, 2025 03:19am

World

Norway’s Queen Sonja, 87, hospitalised for shortness of breath

Norway’s Queen Sonja, 87, was admitted to the National Hospital on Monday evening for examinations due to shortness...

Published 22 Apr, 2025 07:47am

World

Norway to more than double Ukraine aid to $7.8bn: PM

OSLO: Norway will more than double its aid to Ukraine in 2025 to bring the annual total to $7.8 billion, Prime...

Published 06 Mar, 2025 11:01pm

World

Norway nears 100pc goal of all-electric cars

OSLO: Almost 96 percent of new cars registered in Norway in January were electric, an unparalled number in the world...

Published 04 Feb, 2025 06:29am

World

Norway seizes Russian-crewed ship over suspected cable damage

OSLO: Norwegian police said on Friday they had seized a Norwegian-owned ship at Latvia’s request over its ...

Published 01 Feb, 2025 06:30am

World

Norway to host talks on Mideast two-state solution

OSLO: Dozens of countries will send delegates to Norway on Wednesday as part of a global alliance aiming to find a...

Published 13 Jan, 2025 05:40pm

Business & Finance

Norway’s December core inflation lower than expected

OSLO: Norway’s core inflation rate eased more than expected in December, Statistics Norway (SSB) data showed on...

Published 10 Jan, 2025 12:37pm

World

Norway donates $240mn to Ukraine’s navy

OSLO: Norway will provide 2.7 billion kroner ($240 million) to strengthen the Ukrainian navy to help it deter...

Published 16 Dec, 2024 02:40pm

World

Russia says Norway state fund would need Moscow’s approval to divest frozen assets

MOSCOW: Norway’s sovereign wealth fund would need approval from the Russian government to divest frozen Russian...

Published 04 Dec, 2024 04:59pm

World

Russian embassy in Norway says it is reducing consular staff to two

Russia’s embassy in Norway said on Monday it was reducing its consular staff to two in accordance with a demand...

Published 15 Oct, 2024 10:57am

World

Norway issues warrant for man linked to Lebanon device blasts

OSLO: A Norwegian linked to the detonation of communication devices used by Lebanese militant group Hezbollah has...

Published 26 Sep, 2024 10:50pm

World

Israel revokes status of Norway envoys

OCCUPIED JERUSALEM: Israel said Thursday it was revoking the diplomatic status of Norway’s envoys to the...

Published 09 Aug, 2024 06:56am

World

Norway to donate $93mn to Ukraine for air defence, PM says

COPENHAGEN: Norway will donate 1 billion crowns ($92.69 million) in support to Ukraine for its air defence, Prime...

Published 11 Jul, 2024 05:21pm

World

Nordic countries to create Arctic military transport corridor

OSLO: Three Nordic countries have agreed to create an Arctic “military transport corridor” for channelling...

Published 21 Jun, 2024 06:37am

World

Russia nuclear-powered submarines launch missiles in Barents Sea drills

Nuclear-powered submarines of Russia’s Northern Fleet launched cruise missiles at sea targets as part of exercises...

Published 19 Jun, 2024 11:30am

Pakistan

JI appreciates Spain, Norway & Ireland

LAHORE: Jammat-e-Islami Chief Hafiz Naeem-ur-Rehman has written letters to the Prime Ministers of Spain, Norway and...

Published 31 May, 2024 06:58am

World

Spain, Norway, and Ireland recognise Palestinian state

Three European countries believe their initiative has strong symbolic impact that is likely to encourage others to follow suit

Updated 28 May, 2024 10:42pm

Pakistan

Palestine recognition: PM greets Norway’s decision

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday lauded Norway’s decision to recognise the State of Palestine in...

Published 27 May, 2024 05:52am

World

EU’s Borrell says recognising Palestine is not a gift to Hamas

MADRID: European Union’s foreign policy chief Josep Borrell said Friday said that recognising a Palestinian state...

Published 24 May, 2024 01:42pm

World

Kremlin says Russia will retaliate against Norway’s ‘discriminatory’ ban on Russian tourists

MOSCOW: The Kremlin called plans by Norway to ban entry for most Russian tourists discriminatory and said on...

Published 23 May, 2024 02:48pm

World

Saudi praises European countries’ recognition of Palestinian state

Says decision by friendly countries affirms international consensus on inherent right of Palestinian people to self-determination

Updated 22 May, 2024 10:17pm

World

Norway, Ireland, Spain say will recognise Palestinian state

OSLO: Norway, Ireland and Spain announced on Wednesday that they will recognise a Palestinian state, prompting...

Updated 22 May, 2024 08:51pm

Pakistan

Pakistan extradites Oslo Pride shooting suspect to Norway

OSLO: Pakistan has extradited to Norway a known suspected of masterminding an Oslo shooting on the eve of the 2022...

Published 04 May, 2024 05:48am

Business & Finance

Norway’s wealth fund posts $107bn first quarter gain

OSLO: Norway’s sovereign wealth fund, the world’s largest, posted a gain of more than $100 billion in the first...

Published 22 Apr, 2024 04:39am

Pakistan

Norway removes Pakistan from its NTA list

ISLAMABAD: In a significant development, Norway has taken the decision to remove Pakistan from its National Threat...

Published 08 Apr, 2024 04:46am

World

Palestinian Authority receives $114mn from Israel, Norway says

OSLO: The Palestinian Authority has received 407 million shekels ($114 million) from Israel with more funds on the...

Published 29 Feb, 2024 07:29pm

Business & Finance

Norway wealth fund posts record $213bn profit, driven by tech

OSLO: Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, reported on Tuesday a record profit of...

Published 31 Jan, 2024 05:22am

Israel OKs plan for Gaza tax funds to be held by Norway

OCCUPIED JERUSALEM: Israel’s cabinet approved a plan for frozen tax funds earmarked for the Hamas-run Gaza Strip to...

Updated 22 Jan, 2024 08:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 19	283.73
USD PKR Interbank Buying / Jun 19	283.53
USD to Japanese Yen / Jun 19	145.26
USD to Swiss Franc / Jun 19	0.82
Pound Sterling to USD / Jun 19	1.34
Euro to USD / Jun 19	1.15
UK LIBOR % / Jun 18	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 19	81,415.69
Tokyo Nikkei / Jun 19	38,488.34
Hang Seng / Jun 19	23,203.65
FTSE 100 / Jun 19	8,808.78
Germany DAX 30 / Jun 19	23,175.77
France CAC40 / Jun 19	7,594.91

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 18	16,785
Gold 10 Grams PKR / Jun 18	307,831
Petrol/Litre / Jun 19	258.43
Crude Oil USD/Barrel / Jun 19	75.58
Gold Spot USD/Ounce / Jun 19	3,356.54
Diesel/Litre / Jun 19	262.59
Cotton US¢/pound / Jun 19	66.67

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jun 19 First Equity Modaraba(FEM)	3.89 ▲ 0.63 (19.33%)
Askari Life Assur. / Jun 19 Askari Life Assurance Company Limited(ALAC)	7.40 ▲ 1 (15.63%)
Grays Leasing / Jun 19 Grays Leasing Limited(GRYL)	6.80 ▲ 0.78 (12.96%)
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	4.60 ▲ 0.48 (11.65%)
Ghazi Fabrics / Jun 19 Ghazi Fabrics International Limited(GFIL)	10.07 ▲ 1 (11.03%)
Escorts Bank / Jun 19 Escorts Investment Bank Limited(ESBL)	6.08 ▲ 0.57 (10.34%)
Crescent Textile / Jun 19 The Crescent Textile Mills Limited(CRTM)	20.85 ▲ 1.9 (10.03%)
Service Textile / Jun 19 Service Industries Textiles Limited(SERT)	21.64 ▲ 1.97 (10.02%)
Int. Knit. / Jun 19 International Knitwear Limited(INKL)	22.41 ▲ 2.04 (10.01%)
Zahid Jee Textile / Jun 19 Zahidjee Textile Mills Limited(ZAHID)	39.69 ▲ 3.61 (10.01%)

Stock	Price
PIA Holding Co.B / Jun 19 PIA Holding Company Limited B(PIAHCLB)	12,393.10 ▼ -1377.05 (-10%)
Pakgen Power / Jun 19 Pakgen Power Limited(PKGP)	192.29 ▼ -21.36 (-10%)
Sardar Chemical / Jun 19 Sardar Chemical Industries Limited(SARC)	62.45 ▼ -6.94 (-10%)
Pak Synthetics / Jun 19 Pakistan Synthetics Limited(PSYL)	60.78 ▼ -6.75 (-10%)
Shadman Cotton / Jun 19 Shadman Cotton Mills Limited(SHCM)	55.87 ▼ -6.21 (-10%)
Mughal Iron & Steel(C) / Jun 19 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	45.02 ▼ -4.55 (-9.18%)
First Elite Cap.Mod / Jun 19 First Elite Capital Modaraba(FECM)	28.90 ▼ -2.8 (-8.83%)
ECOPACK Ltd / Jun 19 Ecopack Limited(ECOP)	68.30 ▼ -5.5 (-7.45%)
F.Credit & Inv / Jun 19 First Credit and Investment Bank Limited(FCIBL)	9.16 ▼ -0.71 (-7.19%)
Faisal Sp. / Jun 19 Faisal Spinning Mills Limited(FASM)	280.10 ▼ -19.29 (-6.44%)

Stock	Volume
WorldCall Telecom / Jun 19 Worldcall Telecom Limited(WTL)	38,319,107 ▼ -0.01
Sui South Gas / Jun 19 Sui Southern Gas Company Limited(SSGC)	27,475,929 ▼ -0.62
First Prudential Mod. / Jun 19 First Prudential Modaraba(PMI)	23,329,337 ▲ 0.08
Pervez Ahmed Consultancy / Jun 19 Pervez Ahmed Consultancy Services Ltd.(PASL)	18,213,997 ▲ 0.11
PIA Holding Co.Ltd / Jun 19 PIA Holding Company Limited(PIAHCLA)	15,624,618 ▼ -0.61
Invest Bank / Jun 19 Invest Capital Investment Bank Limited(ICIBL)	12,093,818 ▲ 0.79
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	10,979,762 ▲ 0.48
Secure Logistics / Jun 19 Secure Logistics Group Limited(SLGL)	9,999,357 ▲ 0.74
Ist.Capital Sec / Jun 19 First Capital Securities Corporation(FCSC)	9,636,829 ▲ 0.03
Merit Packaging / Jun 19 Merit Packaging Limited(MERIT)	9,568,051 ▼ -0.67

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