Home - Business Recorder

Updated 08 May, 2024 11:06pm

May power bills: NEPRA approves Rs2.83 per unit hike in FCA

Increase applies to all consumer categories of ex-Wapda distribution companies except EV charging stations and lifeline consumers

Pakistan

Police baton charge, fire tear gas as lawyers protest outside LHC

Updated 08 May, 2024 11:06pm

Pakistan

Taliban deny Afghan bomber involved in deadly attack on Chinese dam engineers

Updated 08 May, 2024 07:20pm

Markets

Rupee largely stable against US dollar

Updated 08 May, 2024 09:42pm

Pakistan

Qatar’s Minister of State to arrive in Pakistan on Thursday: FO

Published 08 May, 2024 11:03pm

Pakistan

Six terrorists killed in separate KP operations: ISPR

Updated 08 May, 2024 10:11pm

World

Israel continues aggression in Gaza as negotiators work towards truce

Updated 08 May, 2024 11:05pm

Markets

KSE-100 falls as profit-taking kicks in, volume high over WorldCall Telecom

Updated 08 May, 2024 09:55pm

Pakistan

IHC accepts Bushra Bibi’s plea seeking transfer to Adiala Jail

Updated 08 May, 2024 09:59pm

Sports

Azlan Shah Cup: Pakistan inch closer to final after 5-4 win over Canada

Published 08 May, 2024 09:45pm

Markets

Attock Refinery restarts operation of key unit

Updated 08 May, 2024 11:04pm

Must Read

Editorials

Tax targets for FY25

Opinion

Electricity tariffs

BR Research

Loadshedding: Discos in a bind!

Life & Style

Cruise operator Royal Caribbean recruiting thousands to meet surging demand

Business & Finance

Pakistan giant Engro looks to go global, its main investor says

Business & Finance

Pakistan set to spend above 50% of revenue on interest, IIF says

World

Death, misery, hunger: Israeli aggression in Gaza

Editorials

State of the economy

Opinion

Uncertain budgetary outcome in 2023-24

Opinion

Wheat, wheat everywhere…

BR Research

Energy prices take charge of WPI

Calculate your monthly liability in FY24

Govt mulling taking big step to reduce pension burden

NJLI Sarmaya Growth Fund Rates

Pakistan giant Engro looks to go global, its main investor says

Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees

ST registered persons: FBR modifies requirement of filing balance sheet

PD and then to Sovereign Fund: CCoP’s nod sought for transfer of OGDCL shares

Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan

Electricity tariffs

Rupee largely stable against US dollar

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Cotton US¢/pound / May 8	77.79
Petrol/Litre / May 9	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Cotton US¢/pound / May 8	77.79
Petrol/Litre / May 9	288.49

Govt mulling taking big step to reduce pension burden

NJLI Sarmaya Growth Fund Rates

Pakistan giant Engro looks to go global, its main investor says

Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees

ST registered persons: FBR modifies requirement of filing balance sheet

PD and then to Sovereign Fund: CCoP’s nod sought for transfer of OGDCL shares

Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan

Electricity tariffs

Rupee largely stable against US dollar

Business & Finance

Energy

May power bills: NEPRA approves Rs2.83 per unit hike in FCA

Increase applies to all consumer categories of ex-Wapda distribution companies except EV charging stations and lifeline consumers

Updated 08 May, 2024 11:06pm

BR Research

Loadshedding: Discos in a bind!

Pakistan’s power sector is in a constant state of flux. It has its weird cycles of its own- a period of severe power...

Published 08 May, 2024 06:39am

Stocks

KSE-100 falls as profit-taking kicks in, volume high over WorldCall Telecom

Bearish sentiment prevailed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 ended with a loss of... Updated 08 May, 2024 09:55pm

Commodities

Gold price per tola falls Rs800 in Pakistan

Gold prices fell in Pakistan for the second consecutive session on Wednesday in line with an ease in the... Updated 08 May, 2024 05:48pm

BR Research

OMC sales lackluster

All the hype around the rebound in petroleum consumption and oil sales has died down as April 2024 recorded the...

Published 08 May, 2024 06:35am

Exchange

Rupee largely stable against US dollar

Currency settles at 278.10 against the greenback in inter-bank market

Updated 08 May, 2024 09:42pm

Companies

Attock Refinery restarts operation of key unit

Amid improvement in the uplifting of High-Speed Diesel (HSD), Attock Refinery Limited (ATRL), a subsidiary of Attock... Updated 08 May, 2024 11:04pm

Energy

Oil slides on rising US stockpiles, strong dollar

LONDON: Oil prices fell on Wednesday as industry data showed a rise in crude and fuel inventories in the U.S. and as... Updated 08 May, 2024 05:01pm

2024-05-08-03-12

Global debt burden hits record $315trn: IIF

NEW YORK: A key measure of world indebtedness has resumed its climb as global debt hit a record high of $315 ... Published 08 May, 2024 06:43am

2024-05-08-03-12

Import of 200,000 MTs of urea fertiliser allowed: ECC increases Passco’s wheat procurement target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased procurement of wheat target of... Published 08 May, 2024 06:43am

BR Research

Artistic Denim Mills Limited

Artistic Denim Mills Limited (PSX: ADMM) was incorporated in Pakistan in 1992. The principal activity of the company...

Published 08 May, 2024 06:30am

BR Research

Energy prices take charge of WPI

The Wholesale Price Index (WPI) at 13.9 percent for April 2024 was at a 39-month low. It should spell good news for...

Published 07 May, 2024 09:30am

BR Research

Interview with Muhammad Azfar Ahsan – Pakistan’s former Minister for Investment

‘Saudi Arabia is serious about investing in Pakistan; ad hocism is a major hurdle’ Muhammad Azfar Ahsan is a...

Published 07 May, 2024 09:26am

BR Research

Wheat: executing a flawed policy poorly

If you want to make a muck of something, entrust it to the government. Starting in 2019, this will be the fifth...

Published 06 May, 2024 08:43am

Pakistan

Qatar’s Minister of State to arrive in Pakistan on Thursday: FO

The Minister of State for Foreign Affairs of the State of Qatar, Dr Mohammed bin Abdulaziz Al-Khulaifi will visit... Published 08 May, 2024 11:03pm

Six terrorists killed in separate KP operations: ISPR

Military's media wing says law enforcement agencies remain dedicated to eliminating threat of terrorism from the country

Updated 08 May, 2024 10:11pm

Taliban deny Afghan bomber involved in deadly attack on Chinese dam engineers

KABUL: The Taliban defence ministry on Wednesday denied Pakistan’s allegations that Afghans were involved in an... Updated 08 May, 2024 07:20pm

Police baton charge, fire tear gas as lawyers protest outside LHC

Punjab CM Maryam Nawaz Sharif directs IG Police to refrain from using force against the lawyers

Updated 08 May, 2024 11:06pm

IHC accepts Bushra Bibi’s plea seeking transfer to Adiala Jail

The former first lady was detained in Banigala instead of Adiala Jail

Updated 08 May, 2024 09:59pm

2024-05-08-03-06

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