News stories for BR Web Desk - Business Recorder

BR Web Desk

Business & Finance

IMF Executive Board approves loan tranche for Pakistan

In March, IMF staff reached deal with Pakistan authorities for $1.3 billion arrangement and also agreed on first review of ongoing 37-month bailout programme

Published 09 May, 2025 09:13pm

Pakistan

Indian strikes against Pakistan endangered regional peace: FO

Pakistan said on Friday that India’s reckless conduct has brought the two nuclear-armed states closer to a major...

Published 09 May, 2025 09:11pm

Sports

Remaining PSL matches postponed on PM’s advice: PCB

The Pakistan Cricket Board (PCB) on Thursday announced the postponement of the remaining eight matches of the HBL...

Published 09 May, 2025 08:48pm

Pakistan

DG ISPR briefs international media on Pakistan-Indian tensions

Director General Inter Services Public Relations (ISPR) is briefing the international media on the ongoing tensions...

Updated 09 May, 2025 08:54pm

Business & Finance

Budget FY26: govt formulating tariff rationalisation strategy

The government is formulating a strategy on tariff rationalisation, it was learnt on Friday. The development came...

Published 09 May, 2025 04:05pm

Business & Finance

Pakistan’s remittances hit $3.2bn in April, fall 22% MoM

Saudi Arabia remains Pakistan's top source of remittance inflows

Published 09 May, 2025 03:39pm

Markets

Gold price per tola declines Rs1,800 in Pakistan

Gold prices in Pakistan declined on Friday in line with their fall in the international market. In the local market,...

Updated 09 May, 2025 07:03pm

World

Popular retailer Primark sets eyes on Dubai, Kuwait

'We know there is already a strong cohort of shoppers ready and waiting for us' says interim CEO

Updated 09 May, 2025 03:30pm

Business & Finance

Dubai International Chamber attracted 53 global companies in Q1 2025

Says it continues to play pivoral role in attracting FDI to the emirate

Published 09 May, 2025 02:27pm

Pakistan

Pakistan has downed 77 Indian drones so far: state media

Since May 8, Pakistan has taken down a total of 77 Indian drones so far, as per state media PTV News. “As per...

Published 09 May, 2025 02:11pm

Pakistan

Global investors respond positively to Pakistan’s economic reforms

Global investors have responded positively to Pakistan’s reform and economic transformation agenda, as leading...

Updated 09 May, 2025 02:09pm

Pakistan

Hajj 2025: flights face delays amid suspension of air operations

The Ministry of Religious Affairs and Interfaith Harmony announced on Friday that 345 pilgrims who were left behind...

Published 09 May, 2025 01:36pm

Sports

India suspends IPL 2025 tournament

The Indian Premier League (IPL) was suspended on Friday indefinitely due to the escalating tensions between Pakistan...

Published 09 May, 2025 12:40pm

Business & Finance

Pakistan’s steel maker activates 6.4MW solar plant at Karachi plant

International Steels Limited (ISL), a subsidiary of International Industries Limited, has completed and activated a...

Published 09 May, 2025 10:58am

Business & Finance

Mari Energies announces first gas discovery at Soho-1 well in Sindh

Mari Energies Limited, formerly Mari Petroleum Company Limited (MARI), has discovered gas production from its Soho-1...

Published 09 May, 2025 10:15am

Pakistan

Economic Affairs Divion’s X account hacked, says spokesperson

The X account of Pakistan’s Economic Affairs Division was hacked last night, its spokesperson said on Friday...

Updated 09 May, 2025 01:58pm

Markets

KSE-100 rebounds after historic plunge; IMF board meeting adds to investor focus

Stocks gain amid no news of any major escalation between Pakistan, India

Updated 09 May, 2025 06:58pm

BR’s refresher: your morning briefing for the day

Important updates from May 8, 2025

Published 09 May, 2025 08:59am

Pakistan

India orders X to block 8000+ accounts including international news outlets

X (formerly Twitter) announced on Thursday that it had received orders from the Indian government to block over...

Published 08 May, 2025 11:29pm

Pakistan

Security sources say Indian reports of Pakistan’s attack in IIOJK ‘fake’

Pakistan security sources on Thursday refuted claims by Indian media that Pakistan had launched drone attack in the...

Updated 08 May, 2025 10:09pm

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.15
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
Nasdaq / May 8	17,928.14
Dow Jones / May 8	41,368.45
India Sensex / May 9	79,496.11
Tokyo Nikkei / May 9	37,503.33
Hang Seng / May 9	22,833.68
FTSE 100 / May 9	8,569.40
Germany DAX 30 / May 9	23,459.01
France CAC40 / May 9	7,731.05

Item	Value
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Petrol/Litre / May 9	252.63
Crude Oil USD/Barrel / May 9	60.39
Gold Spot USD/Ounce / May 9	3,326.57
Diesel/Litre / May 9	256.64
Cotton US¢/pound / May 9	66.46

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	6 ▲ 0.85 (16.5%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
UDL International / May 9 UDL International Limited(UDLI)	7.24 ▲ 0.99 (15.84%)
B. F. Mod. / May 9 B.F. Modaraba(BFMOD)	7.34 ▲ 0.99 (15.59%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.48 ▲ 0.69 (14.41%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.47 ▲ 0.56 (14.32%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.08 ▲ 0.26 (14.29%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.48 ▲ 0.76 (13.29%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.95 ▲ 0.46 (13.18%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27 ▼ -5.08 (-15.84%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Next Capital / May 9 Next Capital Limited(NEXT)	6.90 ▼ -0.92 (-11.76%)
Paramount Mod / May 9 First Paramount Modaraba(FPRM)	6.50 ▼ -0.78 (-10.71%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.38 ▼ -1 (-10.66%)
Din Tex. / May 9 Din Textile Mills Limited(DINT)	44.99 ▼ -5 (-10%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
National Silk / May 9 The National Silk & Rayon Mills Limited(NSRM)	37.85 ▼ -4.2 (-9.99%)
Chakwal Spinning / May 9 Chakwal Spinning Mills Limited(CWSM)	36.85 ▼ -4.09 (-9.99%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,067,305 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,276,520 ▲ 0.76
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,120,731 ▼ -1.56
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,295,053 ▲ 0.46
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,283,592 ▲ 0.33
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,808,605 ▼ -1.33
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,766,407 ▲ 5.91
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.12
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,534,480 ▲ 4.13
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,314,651 ▲ 0.02

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