Trends - Trade - Business Recorder

Trade

Trade, commercial activities remain suspended in Karachi

KARACHI: The city on Monday remained closed with a suspension of trade and commercial activities after a countrywide...

Updated 20 Apr, 2021 10:03am

Business & Finance

Chinese trade team to visit Pakistan

ISLAMABAD: A Chinese trade delegation from Guangxi Province will visit Pakistan to explore new investment venues in...

Updated 19 Apr, 2021 09:53am

Business & Finance

PRGMEA for duty-free fabric import to overcome shortage

LAHORE: Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), supporting the Prime...

Updated 18 Apr, 2021 10:30am

July-March 2020-21: Textile group exports witness 9.06pc growth

ISLAMABAD: The country’s textile group exports have witnessed 9.06 percent growth during the first nine months...

Published 17 Apr, 2021 03:28am

Business & Finance

US pulls back on charge Switzerland, Vietnam manipulate currency

WASHINGTON: The US Treasury rolled back a Trump-era accusation that Switzerland and Vietnam were manipulating their...

Published 17 Apr, 2021 03:28am

Markets

Gold prices slightly up

KARACHI: Gold prices on Wednesday gained some weight on the local market, traders said. The precious metal price ...

Published 15 Apr, 2021 03:22am

Supplements

Pakistan & Srilanka-Trade and Investment Opportunities: Trade and Economic ties between Pakistan & Sri Lanka

YASIN JOYIA, Honorary Consul General Sri Lanka Punjab (Designated) Prime Minister of Pakistan H.E Imran Khan in his...

Published 14 Apr, 2021 03:22am

Pakistan

PM, Uzbek president to review ties in virtual summit today

ISLAMABAD: Prime Minister Imran Khan and President of Uzbekistan Shavkat Miromonovich Mirziyoyev will review the...

Published 14 Apr, 2021 03:21am

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 8.551 ...

Published 14 Apr, 2021 03:21am

Smuggling, parallel trade of food items: Customs taking steps towards enforcement of SRO

ISLAMABAD: The Customs authorities are taking appropriate steps for the enforcement of SRO237(I)/2019 to check...

Published 14 Apr, 2021 03:21am

Business & Finance

China’s imports pick up further, exports strong

BEIJING: China’s imports and exports boomed again in March, data showed Tuesday, reaffirming the recovery in the...

Updated 14 Apr, 2021 10:12am

Markets

EU wheat at 1-month high on weather concerns

Most traded September milling wheat on Paris-based Euronext, closed 1.6pc higher at 202.00 euros a tonne.

Updated 14 Apr, 2021 12:03am

Germany says ready to boost investment

BERLIN (Germany): Germany on Monday expressed intent to increase investment in Pakistan’s diverse sectors and ...

Updated 13 Apr, 2021 09:27am

Markets

Gold prices decline

KARACHI: A falling trend continues to hit the local gold market on Monday, traders said. The precious metal saw a...

Published 13 Apr, 2021 04:31am

Business & Finance

LCCI forwards budget proposals to govt departments

LAHORE: Feedback from the private sector plays a fundamental role in formulating appropriate policies for the trade,...

Updated 13 Apr, 2021 09:29am

Business & Finance

Pak-Malaysia bilateral trade reviewed

KARACHI: A meeting of Board of Directors of Pak-Malaysia Business Council of Federation of Pakistan Chambers of...

Updated 13 Apr, 2021 09:29am

Pakistan

Pakistan wishes more economic linkages with Germany: FM

Qureshi thanked Germany for supporting Pakistan at FATF and also its support to grant EU GSP Plus status to Pakistan.

Published 12 Apr, 2021 06:34pm

Business & Finance

PSW Act to facilitate trade in Pakistan, says PM Khan

The prime minister informed that PSW will bring an annual savings of $500 million and reduce will cargo clearance time from days to hours by integrating 75 regulatory departments including “customs, banks, port authorities, shipping companies and brokers etc.”

Published 12 Apr, 2021 02:28pm

Opinion

Lavrov in Pakistan

Russia’s foreign minister Sergey Lavrov, who is known as the most powerful person in Russia after President...

Published 12 Apr, 2021 03:59am

Business & Finance

Dubai trade volumes fell 13.7% in 2020

Trade with the United States decreased 21.5% to 61 billion dirhams, and trade with Saudi Arabia, its largest Arab trading partner, declined 3.6% to 54 billion dirhams.

Updated 11 Apr, 2021 05:50pm

Opinion

UK PM's loose talk on Brexit reverberates in N Ireland

In the febrile build-up to Britain's Brexit deal with the European Union, Prime Minister Boris Johnson said there...

Published 11 Apr, 2021 05:27am

Pakistan

Markets

Gold prices nearly stagnant

KARACHI: Gold prices on Thursday remained nearly stagnant on the local market, traders said. The precious metal...

Published 09 Apr, 2021 04:51am

Markets

U.S. natgas edges up as storage report offsets lower LNG exports

Refinitiv projected average gas demand, including exports, would slide from 89.3 bcfd this week to 87.6 bcfd next week as the weather turns milder.

Published 08 Apr, 2021 11:50pm

Markets

Oil flat as weaker dollar offsets surge in U.S. gasoline stocks

Brent futures rose 20 cents, or 0.3pc, to $63.36 a barrel by 11:43 a.m. EDT (1543 GMT), while U.S. West Texas Intermediate (WTI) crude rose 2 cents to $59.79.

Updated 09 Apr, 2021 12:08am

Markets

Copper rises on supply concerns, lower U.S. dollar

Prices of the metal used widely in the power and construction industries are down 6pc since hitting 9-1/2-year highs of $9,617 last month.

Updated 09 Apr, 2021 12:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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