Home - Business Recorder

Published 12 Nov, 2026 10:20pm

Govt cuts petrol price by Rs3, diesel by Rs4 per litre

New prices effective for Friday, November 13

Gas utilities seek average price increase for FY27

Published 13 Nov, 2026 05:31am

Business & Finance

Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain

Published 13 Nov, 2026 06:41am

Power sector: gas output and use of RLNG slump

Published 13 Nov, 2026 05:34am

PMIF-2026 inaugurated: Investors urged to tap vast mineral sector

Published 13 Nov, 2026 05:56am

World

Four tankers struck by explosions in Hormuz: Iran

Published 13 Nov, 2026 06:00am

Pakistan

Naqvi for referendum on creation of new provinces

Published 13 Nov, 2026 05:14am

Vulnerable nations: PM for grant-based climate finance

Published 13 Nov, 2026 05:39am

AML Act, 2010: SBP raises CTR reporting threshold

Published 13 Nov, 2026 05:41am

Business & Finance

Approval of Raast QR MDR scheme: SBP told to prepare working paper

Published 13 Nov, 2026 05:50am

Meetings held with top global mining and investment cos

Published 13 Nov, 2026 05:48am

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World

Who is Nvidia interim CEO Colette Kress?

World

Nvidia CEO Jensen Huang resigns in big blow to AI boom

Opinion

The price of almost peace

Business & Finance

Khaadi IPO delayed to December amid SE Fruits fiasco

Opinion

Pakistan’s political economy: the price of privilege

BR Research

A subsidy-neutral package that isn't quite neutral

BR Research

Aisha Steel Mills Limited: performance and outlook

PM Shehbaz calls for grant-based climate finance, increased adaptation funds at COP31

Oil prices rise as geopolitical risks offset rising crude output

Gold price per tola falls Rs10,900 in Pakistan

Govt further decreases petrol price by Rs3, diesel's by Rs7 per litre

Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal

FBR introduces rules for e-scrutiny of taxpayers

PSX: selling conintues, KSE-100 down nearly 1%

Pakistan Atomic Energy Commission completes dome placement at Chashma-5 nuclear plant

Pearl Continental owner says ‘not a party’ to Thatta Cement-Fauji Foundation restructuring deal

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	276.81 ▼ -0.01
USD PKR Interbank Buying / Nov 12	276.61 ▼ -0.01
USD to Japanese Yen / Nov 12	159.92 ▲ 0.24
USD to Swiss Franc / Nov 12	0.84 ▲ 0.0032
Pound Sterling to USD / Nov 12	1.32 ▼ -0.004
Euro to USD / Nov 12	1.11 ▼ -0.0035
SOFR % / Nov 10	3.89 ▲ 0.01

Stock	Volume
S&P 500 / Nov 12	7,592.40
India Sensex / Nov 12	81,911.01
Tokyo Nikkei / Nov 12	60,819.36
Nasdaq / Nov 12	25,366.09
Hang Seng / Nov 12	24,008.55
FTSE 100 / Nov 12	10,863.09
Dow Jones / Nov 12	52,297.09
Germany DAX 30 / Nov 12	26,771.88
France CAC40 / Nov 12	8,361.36

Item	Value
Petrol/Litre / Nov 13	332
Diesel/Litre / Nov 13	360
Crude Oil USD/Barrel / Nov 12	88.36
Karachi Cotton PKR/37.32 KG / Nov 12	18,080
Gold 10 Grams PKR / Nov 12	357,112
Gold Spot USD/Ounce / Nov 12	3,899.01
Cotton US¢/pound / Nov 12	82.51

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Nov 12 Azgard Nine (Non-Voti)(ANLNV)	8.55 ▲ 0.86 (11.18%)
Security Investment Bank / Nov 12 Security Investment Bank Limited(SIBL)	10.53 ▲ 1 (10.49%)
Pervez Ahmed Consultancy / Nov 12 Pervez Ahmed Consultancy Services Ltd.(PASL)	10.96 ▲ 1 (10.04%)
Crescent Fib. / Nov 12 Crescent Fibres Limited(CFL)	76.84 ▲ 6.99 (10.01%)
Prosperity Weav / Nov 12 Prosperity Weaving Mills Limited(PRWM)	61.02 ▲ 5.55 (10.01%)

Stock	Price
Premier Insurance (R) / Nov 12 Premier Insurance Limited (RIGHT)(PINLR)	0.26 ▼ -0.2 (-43.48%)
Chenab Ltd (Pref) / Nov 12 Chenab Limited (Pref)(CLCPS)	3.76 ▼ -0.6 (-13.76%)
Hira Textile / Nov 12 Hira Textile Mills Limited(HIRAT)	4.25 ▼ -0.5 (-10.53%)
Unicap Modaraba / Nov 12 Unicap Modaraba(UCAPM)	20.76 ▼ -2.31 (-10.01%)
J.A.Textile / Nov 12 J.A. Textile Mills Limited(JATM)	77.98 ▼ -8.66 (-10%)

Stock	Volume
WorldCall Telecom / Nov 12 Worldcall Telecom Limited(WTL)	190,622,572 ▲ 0.03
Tasdeeq Info. Serv. / Nov 12 Tasdeeq Information Services Limited(TISL)	147,355,708 ▼ -0.31
F. Nat.Equities / Nov 12 First National Equities Limited(FNEL)	55,342,344 ▲ 0.03
K-Electric Ltd. / Nov 12 K-Electric Limited(KEL)	35,381,209 ▲ 0.1
LSE Financial Serv. / Nov 12 LSE Financial Services Limited(LSEFSL)	34,091,021 ▲ 0.08

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	276.81 ▼ -0.01
USD PKR Interbank Buying / Nov 12	276.61 ▼ -0.01
USD to Japanese Yen / Nov 12	159.92 ▲ 0.24
USD to Swiss Franc / Nov 12	0.84 ▲ 0.0032
Pound Sterling to USD / Nov 12	1.32 ▼ -0.004
Euro to USD / Nov 12	1.11 ▼ -0.0035
SOFR % / Nov 10	3.89 ▲ 0.01

Stock	Volume
S&P 500 / Nov 12	7,592.40
India Sensex / Nov 12	81,911.01
Tokyo Nikkei / Nov 12	60,819.36
Nasdaq / Nov 12	25,366.09
Hang Seng / Nov 12	24,008.55
FTSE 100 / Nov 12	10,863.09
Dow Jones / Nov 12	52,297.09
Germany DAX 30 / Nov 12	26,771.88
France CAC40 / Nov 12	8,361.36

Item	Value
Petrol/Litre / Nov 13	332
Diesel/Litre / Nov 13	360
Crude Oil USD/Barrel / Nov 12	88.36
Karachi Cotton PKR/37.32 KG / Nov 12	18,080
Gold 10 Grams PKR / Nov 12	357,112
Gold Spot USD/Ounce / Nov 12	3,899.01
Cotton US¢/pound / Nov 12	82.51

PM Shehbaz calls for grant-based climate finance, increased adaptation funds at COP31

Oil prices rise as geopolitical risks offset rising crude output

Gold price per tola falls Rs10,900 in Pakistan

Govt further decreases petrol price by Rs3, diesel's by Rs7 per litre

Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal

FBR introduces rules for e-scrutiny of taxpayers

PSX: selling conintues, KSE-100 down nearly 1%

Pakistan Atomic Energy Commission completes dome placement at Chashma-5 nuclear plant

Pearl Continental owner says ‘not a party’ to Thatta Cement-Fauji Foundation restructuring deal

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Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain

Nvidia stock fell 5% on Thursday after CEO Jensen Huang resigned; it is down 12% this week

Published 13 Nov, 2026 06:41am

BR Research

IT exports: Beyond the growth numbers

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Published 13 Nov, 2026 05:14am

2026-11-13-02-17

Approval of Raast QR MDR scheme: SBP told to prepare working paper

ISLAMABAD: The government has directed the State Bank of Pakistan (SBP) to prepare a working paper for approval of... Published 13 Nov, 2026 05:50am

2026-11-13-02-17

Underwhelming response: Aurangzeb for promoting Sukuk among foreign investors

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday called for promoting Pakistan’s sovereign Sukuk among... Published 13 Nov, 2026 06:03am

BR Research

Nishat Power Limited

Nishat Power Limited (PSX: NPL) was incorporated in Pakistan as a public limited company in 2007. The company owns,...

Published 13 Nov, 2026 05:14am

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Petrol price slashed by Rs3, HSD’s by Rs4

ISLAMABAD: Consumers will see slight relief at the pump stations starting November 13 following a reduction in... Published 13 Nov, 2026 06:06am

2026-11-13-01-56

PVC resin from US, Indonesia: NTC slaps up to 37.30pc anti-dumping duties

ISLAMABAD: The National Tariff Commission (NTC) has imposed definitive anti-dumping duties of up to 37.30 percent on... Published 13 Nov, 2026 05:14am

2026-11-13-01-56

MSCI adds Attock Refinery to its Pakistan Index

KARACHI: MSCI has added Attock Refinery Limited to its MSCI Pakistan Index as part of its November 2026 Frontier... Published 13 Nov, 2026 05:14am

Companies

Mercedes to halt German investments, mulling plant closures

FRANKFURT: Struggling German carmaker Mercedes-Benz announced Thursday it will halt all investment in Germany and is... Published 13 Nov, 2026 05:27am

2026-11-13-01-56

Exemption from agri income: ATIR asks FBR to set up verification system with provinces

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Islamabad, has warned that the exemption from agricultural... Published 13 Nov, 2026 05:14am

BR Research

A subsidy-neutral package that isn't quite neutral

Pakistan’s Incremental Consumption Package (ICP) was meant to encourage industrial and agricultural consumers to use...

Published 12 Nov, 2026 04:29am

Aisha Steel Mills Limited: performance and outlook

Aisha Steel Mills Limited (PSX: ASL) was incorporated in Pakistan in 2005 as a public limited company and started...

Updated 12 Nov, 2026 07:10am

Remittance: What’s driving the surge?

The upbeat momentum in home remittances continues to surprise market participants. Inflows in 4MFY27 are up by 14...

Updated 11 Nov, 2026 06:11am

Flying Cement Company Limited: performance and outlook

Flying Cement Company Limited (PSX: FLYNG) was incorporated in Pakistan as a public limited company in 1992. The...

Updated 11 Nov, 2026 06:12am

Pakistan

Naqvi for referendum on creation of new provinces

ISLAMABAD: Interior Minister Mohsin Naqvi has called for a referendum on the creation of new provinces, saying that... Published 13 Nov, 2026 05:14am

Two sisters of IK released

LAHORE: Nooreen Khan Niazi and Dr Uzma Khan, sisters of jailed Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan,... Published 13 Nov, 2026 05:14am

Two policemen martyred in Swabi

SWABI: Police thwarted a late-night terrorist attack on Band Korai Police Station in Dera Ismail Khan after... Published 13 Nov, 2026 05:14am

FCC reserves judgment in provincial cess case

ISLAMABAD: The Federal Constitutional Court (FCC) on Thursday reserved its judgment on the Sindh and Khyber... Updated 13 Nov, 2026 06:04am

Sindh CM meets Dar, Aurangzeb

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar held a meeting with Chief... Published 13 Nov, 2026 05:14am

APNS condolence

KARACHI: Senator Sarmad Ali, President and Muhammad Athar Kazi, Secretary General of the All Pakistan Newspapers... Published 13 Nov, 2026 05:14am

World

Middle East

Four tankers struck by explosions in Hormuz: Iran

DUBAI: Four oil tankers were hit by explosions in the Strait of Hormuz, Iran’s military said on Thursday, adding... Published 13 Nov, 2026 06:00am

USA

One dead in downtown Washington shooting

WASHINGTON: One person was killed and four wounded in a shooting at and outside a fitness center in an upscale... Published 13 Nov, 2026 05:14am

Who is Nvidia interim CEO Colette Kress?

The appointment comes after the board ousted co-founder and CEO Jensen Huang

Published 12 Nov, 2026 10:37pm

Companies

Nvidia CEO Jensen Huang resigns in big blow to AI boom

Jensen Huang's resignation as Nvidia CEO plunges the $4 trillion AI giant into uncertainty, shaking the tech world and its future

Updated 12 Nov, 2026 08:41pm

USA

Trump says Vance should focus on domestic corruption, 'we don't need a deal with Iran'

Trump wants VP Vance to tackle corruption in Democratic cities, asserting this focus is more vital for balancing the budget than any Iran agreement

Published 12 Nov, 2026 06:42pm

The group later held a sold-out Royal Albert Hall concert in aid of the Trust in 2018, the statement said

Published 12 Nov, 2026 12:41pm

Life & Style

Actor Stacy Keach, known for playing Hammer, Hamlet and Hemingway, dead at 85

South Africa seeks batting stability, focusing on the No. 3 spot, as they prepare for upcoming Test challenges

Published 12 Nov, 2026 05:18pm

Sports

Manchester United sack manager Carrick with club in relegation zone

Azan Awais, on 16, and Mohammad Taha with 12 were the unbeaten batsmen at the interval as Pakistan edged into a 27-run lead

Published 12 Nov, 2026 12:56pm

Sports

Who said what as Khawaja autobiography revives Sandpapergate

Published 12 Nov, 2026 12:20pm

Sports

FIFA clears joint bids for 2031 and 2035 Women's World Cups

Published 12 Nov, 2026 12:38pm

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Most Popular

Why are Pakistan’s remittances rising despite the war?

With inflation on the rise, Pakistanis need to be smart about their money

Breaking down LPG's soaring costs and supply disruption

Are living standards improving?

Of astronauts and lunar rovers