Home - Business Recorder

Published 02 Nov, 2026 10:25pm

Govt reduces diesel price by Rs7.76, petrol by Rs3.40 per litre

New prices effective from November 3

World

China's Wang urges Middle East dialogue in meetings with Iranian, Saudi officials

Published 02 Nov, 2026 08:05pm

World

Yemen's Houthis say they launched drones towards Saudi Arabia's Dammam airport

Published 02 Nov, 2026 09:18pm

Markets

Pakistan inflation clocks in at 9.6% in October 2026

Updated 02 Nov, 2026 06:25pm

Pakistan

Chinese official praises Pakistan's role in regional peace

Published 02 Nov, 2026 10:04pm

Markets

Refineries to absorb Rs15bn monthly burden to avert petrol price hike: minister

Published 02 Nov, 2026 08:31pm

Markets

Oil drops 6% as Iran signals openness to peace talks

Updated 02 Nov, 2026 07:56pm

Markets

Pakistan explores tokenisation of existing Eurobond debt, says Aurangzeb

Published 02 Nov, 2026 12:09pm

World

Iran says contacts over ending war continue as talks end with no breakthrough

Published 02 Nov, 2026 06:06pm

Pakistan

PM Shehbaz directs banks to speed up lending to SMEs, farmers, home buyers

Published 02 Nov, 2026 05:08pm

Pakistan

Adrian Hamilton-Manns takes charge as PIA CEO

Published 02 Nov, 2026 07:20pm

Must Read

Editorials

Power subsidy ending

Technology

Why one of Austin’s top AI founders says he is ‘incredibly long Pakistan’

Perspectives

The broken promise of education as an equaliser

Technology

Marvell to buy Lumentum in $115 billion deal in AI data-center bet

Markets

Binance says customers pulled net $4.7 billion after hack as crypto world weighs risk

Opinion

Pakistan’s cooking gas crisis: a policy failure in the making

Editorials

Rein in Israel, not Iran

Opinion

It’s mostly fiscal

Opinion

Beyond the title: The living legacy of Aga Khan III

BR Research

E&P sector: Stronger earnings, but challenges persist

BR Research

Pioneer Cement Limited: performance and outlook

Pakistan inflation clocks in at 9.6% in October 2026

China's Wang urges Middle East dialogue in meetings with Iranian, Saudi officials

Oil drops 6% as Iran signals openness to peace talks

FBR marks senior citizen pensioner’s tax status as ‘In-Active’

Pakistan explores tokenisation of existing Eurobond debt, says Aurangzeb

Petrol pricing changes may cause refineries Rs49/litre loss

Rein in Israel, not Iran

Gold price per tola gains Rs2,400 in Pakistan

Govt decides to deregulate LPG pricing regime

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	276.95 ▼ -0.01
USD PKR Interbank Buying / Oct 30	276.75 ▼ -0.01
USD to Japanese Yen / Nov 2	157.81 ▲ 0.25
USD to Swiss Franc / Nov 2	0.82 ▼ -0.0016
Pound Sterling to USD / Nov 2	1.34 ▲ 0.0008
Euro to USD / Nov 2	1.12 ▲ 0.0023
SOFR % / Oct 29	3.94 -

Stock	Volume
India Sensex / Nov 2	75,317.25
Tokyo Nikkei / Nov 2	63,121.49
Hang Seng / Nov 2	23,412.78
FTSE 100 / Nov 2	10,720.19
Germany DAX 30 / Nov 2	25,787.71
France CAC40 / Nov 2	7,959.64
S&P 500 / Oct 30	7,580.07
Nasdaq / Oct 30	25,437
Dow Jones / Oct 30	51,770.31

Item	Value
Petrol/Litre / Nov 2	377.91
Crude Oil USD/Barrel / Nov 2	100.58
Karachi Cotton PKR/37.32 KG / Nov 2	18,080
Gold 10 Grams PKR / Nov 2	353,340
Gold Spot USD/Ounce / Nov 2	3,911.11
Diesel/Litre / Nov 2	402.96
Cotton US¢/pound / Nov 2	78.20

Gainers
Losers
Leaders

Stock	Price
F.Credit & Inv / Nov 2 First Credit and Investment Bank Limited(FCIBL)	141.10 ▲ 12.83 (10%)
Leiner Pak Gelat / Nov 2 Leiner Pak Gelatine Limited(LPGL)	86.92 ▲ 7.9 (10%)
Pak Leather Crafts / Nov 2 Pak Leather Crafts Limited(PAKL)	54.45 ▲ 4.95 (10%)
Popular Islamic / Nov 2 Popular Islamic Modaraba(PIM)	131.54 ▲ 11.96 (10%)
Pakistan Services / Nov 2 Pakistan Services Limited(PSEL)	1,083.71 ▲ 98.52 (10%)

Stock	Price
Premier Insurance (R) / Nov 2 Premier Insurance Limited (RIGHT)(PINLR)	0.66 ▼ -0.82 (-55.41%)
Bawany Air Products (R) / Nov 2 Bawany Air Products Limited Right(BAPLR1)	3.62 ▼ -1 (-21.65%)
Dar-es-Salaam / Nov 2 Dar-es-Salaam Textile Mills Limited(DSML)	14.18 ▼ -1.58 (-10.03%)
Ningbo Green Light / Nov 2 Ningbo Green Light Energy Limited(NGLEL)	15.35 ▼ -1.71 (-10.02%)
Attock Refinery / Nov 2 Attock Refinery Limited(ATRL)	979.95 ▼ -108.83 (-10%)

Stock	Volume
Cnergyico PK / Nov 2 Cnergyico PK Limited(CNERGY)	93,109,988 ▼ -1.36
Pervez Ahmed Consultancy / Nov 2 Pervez Ahmed Consultancy Services Ltd.(PASL)	45,177,237 -
TPL Properties / Nov 2 TPL Properties Limited(TPLP)	30,105,241 ▼ -0.44
Clover Pakistan / Nov 2 Clover Pakistan Limited(CLOV)	19,800,893 ▲ 0.43
WorldCall Telecom / Nov 2 Worldcall Telecom Limited(WTL)	12,506,278 -

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	276.95 ▼ -0.01
USD PKR Interbank Buying / Oct 30	276.75 ▼ -0.01
USD to Japanese Yen / Nov 2	157.81 ▲ 0.25
USD to Swiss Franc / Nov 2	0.82 ▼ -0.0016
Pound Sterling to USD / Nov 2	1.34 ▲ 0.0008
Euro to USD / Nov 2	1.12 ▲ 0.0023
SOFR % / Oct 29	3.94 -

Stock	Volume
India Sensex / Nov 2	75,317.25
Tokyo Nikkei / Nov 2	63,121.49
Hang Seng / Nov 2	23,412.78
FTSE 100 / Nov 2	10,720.19
Germany DAX 30 / Nov 2	25,787.71
France CAC40 / Nov 2	7,959.64
S&P 500 / Oct 30	7,580.07
Nasdaq / Oct 30	25,437
Dow Jones / Oct 30	51,770.31

Item	Value
Petrol/Litre / Nov 2	377.91
Crude Oil USD/Barrel / Nov 2	100.58
Karachi Cotton PKR/37.32 KG / Nov 2	18,080
Gold 10 Grams PKR / Nov 2	353,340
Gold Spot USD/Ounce / Nov 2	3,911.11
Diesel/Litre / Nov 2	402.96
Cotton US¢/pound / Nov 2	78.20

Pakistan inflation clocks in at 9.6% in October 2026

China's Wang urges Middle East dialogue in meetings with Iranian, Saudi officials

Oil drops 6% as Iran signals openness to peace talks

FBR marks senior citizen pensioner’s tax status as ‘In-Active’

Pakistan explores tokenisation of existing Eurobond debt, says Aurangzeb

Petrol pricing changes may cause refineries Rs49/litre loss

Rein in Israel, not Iran

Gold price per tola gains Rs2,400 in Pakistan

Govt decides to deregulate LPG pricing regime

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Business & Finance

Why one of Austin’s top AI founders says he is ‘incredibly long Pakistan’

Amir Husain, who sits on the advisory boards of LUMS and AAASE, says the numbers show Pakistan’s moment has arrived.... Published 02 Nov, 2026 11:25pm

BR Research

E&P sector: Stronger earnings, but challenges persist

Pakistan’s listed oil and gas exploration and production (E&P) sector started FY27 on a stronger note, supported...

Updated 02 Nov, 2026 06:40am

Govt reduces diesel price by Rs7.76, petrol by Rs3.40 per litre

New prices effective from November 3

Published 02 Nov, 2026 10:25pm

Refineries to absorb Rs15bn monthly burden to avert petrol price hike: minister

Petroleum minister says PM consulted oil refineries on possible measures to shield consumers from the impact of rising global fuel prices

Published 02 Nov, 2026 08:31pm

BR Research

Pioneer Cement Limited: performance and outlook

Pioneer Cement Limited (PSX: PIOC) was incorporated as a public company limited by shares in Pakistan in 1986. The...

Updated 02 Nov, 2026 06:50am

Exchange

Rupee records gain against US dollar

Currency settles at 276.72 against greenback

Updated 02 Nov, 2026 07:32pm

Pakistan inflation clocks in at 9.6% in October 2026

Consumer price index stood at 10.3% in September
In line with market expectations

Updated 02 Nov, 2026 06:25pm

Pakistan explores tokenisation of existing Eurobond debt, says Aurangzeb

The government is holding discussions on the proposed initiative and is seeking Cabinet approval

Published 02 Nov, 2026 12:09pm

Stocks

PSX: KSE-100 Index closes marginally higher as late buying offsets intra-day losses

Benchmark index settles at 166,564.06 points

Updated 02 Nov, 2026 07:17pm

Bullion Rate

Gold rises on softer oil; Markets parse Fed signals

Spot gold rose 0.7% to $3,900.90 per ounce

Published 02 Nov, 2026 11:55am

BR Research

LPG: crisis beyond prices

Pakistan’s energy vulnerabilities tend to be discussed in terms of oil, LNG and electricity. LPG rarely commands the...

Published 30 Oct, 2026 07:04am

Nadeem Textile Mills Limited: performance and outlook

Nadeem Textile Mills Limited (PSX: NATM) was incorporated in Pakistan as a public limited company in 1984. The...

Updated 30 Oct, 2026 08:29am

HUBC powers ahead as profits climb

The Hub Power Company Limited (PSX: HUBC) posted a 10 percent year-on-year increase in consolidated profits of...

Updated 29 Oct, 2026 06:49am

Pak Datacom Limited: performance and outlook

Pak Datacom Limited (PSX:PAKD) was incorporated in Pakistan as a private limited company in 1992 and was converted...

Updated 29 Oct, 2026 06:55am

Pakistan

Chinese official praises Pakistan's role in regional peace

A senior Chinese Communist Party official praised Pakistan’s role in regional peace during talks with Field Marshal... Published 02 Nov, 2026 10:04pm

Adrian Hamilton-Manns takes charge as PIA CEO

Adrian brings with him over 30 years of experience and has served as chief executive of three airlines

Published 02 Nov, 2026 07:20pm

PM Shehbaz directs banks to speed up lending to SMEs, farmers, home buyers

Rs511bn in loans approved under PM’s Apna Ghar scheme, PM told

Published 02 Nov, 2026 05:08pm

Gold price per tola gains Rs2,400 in Pakistan

International rate of gold rises by $24 to reach $3,896 per ounce

Updated 02 Nov, 2026 06:52pm

Speakers urge national consensus to tackle deepening water crisis

LAHORE: Speakers at a conference urged national and inter-provincial consensus to tackle Pakistan’s deepening water... Published 02 Nov, 2026 05:01am

Chinese minister arrives in Islamabad

ISLAMABAD: Liu Haixing, Minister of the International Department of the Communist Party of China (CPC), arrived on... Updated 02 Nov, 2026 05:34am

World

Europe

European supermarkets hit by new fridge cyber attack

The incidents follow an attack in France last month, in which police said hackers seized control of cooling units at hundreds of supermarkets

Published 02 Nov, 2026 11:24pm

Middle East

Yemen's Houthis say they launched drones towards Saudi Arabia's Dammam airport

Yemen's Houthis report drone attacks on Saudi Arabia's Dammam airport and Jizan

Published 02 Nov, 2026 09:18pm

Middle East

China's Wang urges Middle East dialogue in meetings with Iranian, Saudi officials

China's foreign minister urges Iran, Saudi Arabia to pursue political solutions, dialogue for Middle East peace

Published 02 Nov, 2026 08:05pm

Middle East

Iran says contacts over ending war continue as talks end with no breakthrough

Mediated Iran-US talks continue without a breakthrough, raising concerns about potential renewed hostilities after eight months of conflict

Published 02 Nov, 2026 06:06pm

Europe

Hackers hit Ukraine and Russia's emergency apps, send fake nuclear alerts

Ukraine and Russia's emergency alert apps were simultaneously hacked, spreading false alarms about impending air raids and nuclear threats

Published 02 Nov, 2026 07:14pm

Editorials

Power subsidy ending

EDITORIAL: Finally, the government has planned to end the slab-based electricity subsidy in the power sector. This...

Rein in Israel, not Iran

EDITORIAL: The warning issued by eight European and regional countries against renewed hostilities in the Middle...

The delusion of power

EDITORIAL: The political fortunes of US President Donald Trump’s preferred candidates are beginning to resemble a...

A food system out of balance

EDITORIAL: The Food and Agriculture Organisation’s (FAO’s) latest assessment exposes a widening gulf between what...

Government writ; government permitting

EDITORIAL: It has apparently become necessary for the federal government to remind its own employees, for a third...

Opinion

Beyond the title: The living legacy of Aga Khan III

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Sir Sultan Mahomed Shah was a visionary leader who guided his community for 72 years

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Published 02 Nov, 2026 04:57pm

Life & Style

At 'China's Hollywood', visitors become stars as consumers spend more on experiences

South Africa names its Test squad for Bangladesh, with De Zorzi and Hamza returning, while Ngidi is out due to injury

Published 02 Nov, 2026 04:00pm

Sports

'Still a very good team': coach McDonald backs Australia after South Africa disappointment

The 23-year-old Spaniard arrived in Vienna on the back of titles in Doha and Tokyo and completed a perfect 16-0 record at ATP 500 events in ⁠2026

Published 02 Nov, 2026 12:28pm

Sports

Ten Hag says relegation a real possibility for Man Utd

Published 02 Nov, 2026 12:06pm

Sports

Former Alcaraz coach Ferrero to join Shelton's team

Published 02 Nov, 2026 11:47am

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Pakistan’s race to space: what comes next?

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