Home - Business Recorder

Updated 28 May, 2024 07:10pm

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

Pakistan

With Beijing’s assistance, Gwadar port to transform into logistics hub, says Shehbaz

Updated 28 May, 2024 08:15pm

Pakistan

Youm-e-Takbeer collective effort of all facets of national power: PM Shehbaz

Updated 28 May, 2024 07:11pm

Pakistan

Home-grown economic uplift: PM includes eight more experts into committee

Published 28 May, 2024 05:06pm

Pakistan

Nawaz Sharif elected PML-N president after six-year hiatus

Updated 28 May, 2024 06:08pm

Markets

Gold sheds Rs500 per tola in Pakistan

Published 28 May, 2024 03:38pm

World

After Raisi funeral, Iran’s focus turns to vote for successor

Published 28 May, 2024 11:30am

Farmers propose ‘fixed tax regime’ for agri sector

Updated 28 May, 2024 09:26am

World

Israeli tanks reach centre of Rafah as Security Council to discuss camp blaze

Published 28 May, 2024 05:30pm

‘NAB ends probes’: NCPL demands PD pay Rs8.35bn withheld amount

Updated 28 May, 2024 03:11pm

All set to dispatch high-level trade team to Iran

Updated 28 May, 2024 09:01am

Must Read

Editorials

Phenomenal rise in domestic borrowing

Opinion

Big financing risks

Life & Style

Gold rush in Dubai continues to attract all nationalities including Pakistanis

Pakistan

Pakistan ranked 101st out of 119 in WEF’s Travel and Tourism Development Index

Opinion

Budget 2024-25: expectations

Opinion

External-internal conundrums

Editorials

IMF programme: there is need for design audit

Opinion

Budget projections for FY25

Opinion

The long and winding road to revitalising investment

Markets

Amid funding crunch, solar companies are being offered a door at PSX

BR Research

Tackling the solar storm

Calculate your monthly liability in FY24

Youm-e-Takbeer: PM Shehbaz announces public holiday on May 28

NJLI Sarmaya Growth Fund Rates

Major changes in tax laws expected through Finance Bill 2024

Farmers propose ‘fixed tax regime’ for agri sector

FBR to replace WeBOC with new digital system

‘NAB ends probes’: NCPL demands PD pay Rs8.35bn withheld amount

Tackling the solar storm

Budget 2024-25: expectations

All set to dispatch high-level trade team to Iran

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	156.89
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.09

Stock	Volume
S&P 500 / May 27	5304.72
Nasdaq / May 27	16920.79
Dow Jones / May 27	39069.59
India Sensex / May 28	75437.68
Tokyo Nikkei / May 28	38855.37
Hang Seng / May 28	18837.33
FTSE 100 / May 28	8306.71
Germany DAX 30 / May 28	18823.58

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Petrol/Litre / May 28	273.10
Crude Oil USD/Barrel / May 28	78.74
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2343.50
Diesel/Litre / May 28	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	156.89
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.09

Stock	Volume
S&P 500 / May 27	5304.72
Nasdaq / May 27	16920.79
Dow Jones / May 27	39069.59
India Sensex / May 28	75437.68
Tokyo Nikkei / May 28	38855.37
Hang Seng / May 28	18837.33
FTSE 100 / May 28	8306.71
Germany DAX 30 / May 28	18823.58

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Petrol/Litre / May 28	273.10
Crude Oil USD/Barrel / May 28	78.74
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2343.50
Diesel/Litre / May 28	274.08

Youm-e-Takbeer: PM Shehbaz announces public holiday on May 28

NJLI Sarmaya Growth Fund Rates

Major changes in tax laws expected through Finance Bill 2024

Farmers propose ‘fixed tax regime’ for agri sector

FBR to replace WeBOC with new digital system

‘NAB ends probes’: NCPL demands PD pay Rs8.35bn withheld amount

Tackling the solar storm

Budget 2024-25: expectations

All set to dispatch high-level trade team to Iran

Business & Finance

Business & Economy

Home-grown economic uplift: PM includes eight more experts into committee

Prime Minister Shehbaz Sharif has included another eight economic experts, including professors from the... Published 28 May, 2024 05:06pm

BR Research

Tackling the solar storm

The rooftop solar penetration is increasing at a rapid pace due to falling prices for solar plates as well as...

Published 27 May, 2024 08:51am

Business & Economy

With Beijing’s assistance, Gwadar port to transform into logistics hub, says Shehbaz

PM invites Chinese businesses especially the textile sector to set up industries in Pakistan

Updated 28 May, 2024 08:15pm

Commodities

Gold sheds Rs500 per tola in Pakistan

Gold prices fell in Pakistan on Tuesday in line with the decrease in the international rate. In the local market,... Published 28 May, 2024 03:38pm

BR Research

An interview with Fabio Ricci of FederUnacoma Italian Agricultural Machinery Manufacturers Association

Pakistan’s private sector can team up with Italian industry to provide the latest farm technology on a rental basis...

Published 27 May, 2024 08:46am

South Asia

Sri Lanka holds rates to manage inflation, foster economic stability

COLOMBO: Sri Lanka’s central bank held interest rates steady on Tuesday to ensure inflation pressures remain in... Published 28 May, 2024 11:01am

2024-05-28-03-00

Foreign investors: Jul-Apr profit repatriation up 250pc

KARACHI: Repatriation of profit and dividend by foreign investors posted a notable growth of 250 percent during the... Updated 28 May, 2024 09:11am

2024-05-28-02-10

FED on cigarettes likely to be increased in budget

ISLAMABAD: The government is likely to increase Federal Excise Duty on cigarettes in coming budget (2024-25). It is... Published 28 May, 2024 05:30am

2024-05-28-03-00

FBR to replace WeBOC with new digital system

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to replace WeBOC customs clearance system with the new... Published 28 May, 2024 05:30am

2024-05-28-03-00

Meezan Exchange Company Ltd launched

KARACHI: Meezan Bank, strengthening foothold in forex services and business, has formally launched its wholly owned... Published 28 May, 2024 05:30am

BR Research

IT exports 10MFY24

IT exports have been witnessing a recovery over the past 5 months of FY24. Total IT exports for 9MFY24 stood at...

Published 24 May, 2024 08:58am

BR Research

Sapphire Fibres Limited

Sapphire Fibres Limited (PSX: SFL) was incorporated in Pakistan as a public limited company in 1979. The principal...

Published 24 May, 2024 08:53am

BR Research

Power sector: The rut, the rot, the riot

April 2024 marked the 7th straight month of electricity generation going down year-on-year. Make it 19 out of the...

Published 23 May, 2024 08:14am

BR Research

Imported cotton demand: a threat managed?

Earlier this month, the IMF came under fire for projecting a significantly exaggerated forecast of Pakistan’s trade...

Updated 23 May, 2024 05:53pm

Pakistan

For deaf children in Pakistan, school is life

LAHORE: At a school for the deaf in Pakistan, the faces of students are animated, their smiles mischievous, as their... Published 28 May, 2024 04:48pm