Home - Business Recorder

Updated 04 Nov, 2026 08:41am

US midterm elections: Democrats gain ground in battle for Congress with North Carolina flip

It's still too early to determine whether Democrats would be able to net the four Senate seats and three House seats they need to win a majority in both chambers

Markets

Oil edges down as investors await US midterm election results

Published 04 Nov, 2026 07:44am

Markets

Gold firms on softer oil prices, US midterm results awaited

Published 04 Nov, 2026 07:56am

World

Democrats projected to win majority control of US House, US media project

Published 04 Nov, 2026 08:32am

Markets

Govt cuts petrol price by Rs5.45, diesel's by Rs3.68 per litre

Published 03 Nov, 2026 10:12pm

Govt mulls over fertiliser subsidies

Published 04 Nov, 2026 05:25am

Machinery & capital goods under EFS: Rules governing imports to be simplified

Published 04 Nov, 2026 05:25am

Asaan Tax Scheme: Govt going to clamp down on non-compliant traders

Published 04 Nov, 2026 05:25am

CPPA-G seeks 8pc hike in power tariff

Published 04 Nov, 2026 05:25am

Refineries say concerned at revised pricing mechanism

Published 04 Nov, 2026 05:25am

KP’s high-loss areas: Govt agrees to increase power supply hours

Published 04 Nov, 2026 05:25am

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The inflation challenge stubbornly persists

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Israeli elections – little hope for peace

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Pakistan’s missing graduation plan

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Bringing Pakistanis and their capital back home

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The circus

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Barkat Frisian Agro Limited

Editorials

Daily petrol price fluctuations

Business & Finance

Ningbo Green share price loses 34% in four days at PSX

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Billions in the pipeline, again

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Change is constant, but leadership?

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The inflow of foreign assistance

PSX: KSE-100 settles above 168,000 amid optimism over US-Iran talks

Iran-US deal still out of reach despite diplomatic push, Iranian official says

Oil rises as Iran says war deal remains distant, US strikes Qeshm

Fauji Foundation acquires nearly 20% stake in Pearl Continental owner for Rs6.55 billion

Govt cuts petrol price by Rs5.45, diesel's by Rs3.68 per litre

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

PRAL in, FBR out—II

US carries out 'defensive' strikes on Iran's Qeshm Island, officials say

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

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 3	276.91 ▼ -0.05
USD PKR Interbank Buying / Nov 3	276.71 ▼ -0.01
USD to Japanese Yen / Nov 3	158.37 ▲ 0.52
USD to Swiss Franc / Nov 3	0.82 ▲ 0.0001
Pound Sterling to USD / Nov 3	1.34 ▲ 0.003
Euro to USD / Nov 3	1.12 ▲ 0.0024
SOFR % / Nov 2	3.95 -

Stock	Volume
Tokyo Nikkei / Nov 4	60,835.36
Hang Seng / Nov 4	23,474.67
S&P 500 / Nov 3	7,568.92
India Sensex / Nov 3	76,917.85
Nasdaq / Nov 3	25,372.01
FTSE 100 / Nov 3	10,638.43
Dow Jones / Nov 3	51,786.72
Germany DAX 30 / Nov 3	25,864.62
France CAC40 / Nov 3	8,020.31

Item	Value
Petrol/Litre / Nov 4	369.06
Gold Spot USD/Ounce / Nov 4	3,931.93
Diesel/Litre / Nov 4	391.52
Crude Oil USD/Barrel / Nov 3	96.45
Karachi Cotton PKR/37.32 KG / Nov 3	18,080
Gold 10 Grams PKR / Nov 3	353,340
Cotton US¢/pound / Nov 3	77.04

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	4.96 ▲ 1 (25.25%)
Premier Insurance (R) / Nov 3 Premier Insurance Limited (RIGHT)(PINLR)	0.80 ▲ 0.14 (21.21%)
Asia Ins. / Nov 3 Asia Insurance Company Limited(ASIC)	38.14 ▲ 3.47 (10.01%)
Burshane LPG / Nov 3 Burshane LPG (Pakistan) Limited(BPL)	59.57 ▲ 5.42 (10.01%)
Frontier Ceramics / Nov 3 Frontier Ceramics Limited(FRCL)	86.31 ▲ 7.85 (10.01%)

Stock	Price
Bawany Air Products (R) / Nov 3 Bawany Air Products Limited Right(BAPLR1)	2.62 ▼ -1 (-27.62%)
Saif Power Ltd. / Nov 3 Saif Power Limited(SPWL)	7.65 ▼ -1.03 (-11.87%)
Sindh Modaraba / Nov 3 Sindh Modaraba(SINDM)	73.98 ▼ -8.22 (-10%)
Ningbo Green Light / Nov 3 Ningbo Green Light Energy Limited(NGLEL)	13.82 ▼ -1.53 (-9.97%)
Dar-es-Salaam / Nov 3 Dar-es-Salaam Textile Mills Limited(DSML)	12.77 ▼ -1.41 (-9.94%)

Stock	Volume
Cnergyico PK / Nov 3 Cnergyico PK Limited(CNERGY)	114,826,728 ▼ -0.54
Pervez Ahmed Consultancy / Nov 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	64,936,122 ▲ 1
Pakistan Refinery / Nov 3 Pakistan Refinery Limited(PRL)	29,593,338 ▼ -2.92
Oilboy Energy / Nov 3 Oilboy Energy Limited(OBOY)	13,005,389 ▲ 0.83
Clover Pakistan / Nov 3 Clover Pakistan Limited(CLOV)	9,203,488 ▼ -0.16

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 3	276.91 ▼ -0.05
USD PKR Interbank Buying / Nov 3	276.71 ▼ -0.01
USD to Japanese Yen / Nov 3	158.37 ▲ 0.52
USD to Swiss Franc / Nov 3	0.82 ▲ 0.0001
Pound Sterling to USD / Nov 3	1.34 ▲ 0.003
Euro to USD / Nov 3	1.12 ▲ 0.0024
SOFR % / Nov 2	3.95 -

Stock	Volume
Tokyo Nikkei / Nov 4	60,835.36
Hang Seng / Nov 4	23,474.67
S&P 500 / Nov 3	7,568.92
India Sensex / Nov 3	76,917.85
Nasdaq / Nov 3	25,372.01
FTSE 100 / Nov 3	10,638.43
Dow Jones / Nov 3	51,786.72
Germany DAX 30 / Nov 3	25,864.62
France CAC40 / Nov 3	8,020.31

Item	Value
Petrol/Litre / Nov 4	369.06
Gold Spot USD/Ounce / Nov 4	3,931.93
Diesel/Litre / Nov 4	391.52
Crude Oil USD/Barrel / Nov 3	96.45
Karachi Cotton PKR/37.32 KG / Nov 3	18,080
Gold 10 Grams PKR / Nov 3	353,340
Cotton US¢/pound / Nov 3	77.04

PSX: KSE-100 settles above 168,000 amid optimism over US-Iran talks

Iran-US deal still out of reach despite diplomatic push, Iranian official says

Oil rises as Iran says war deal remains distant, US strikes Qeshm

Fauji Foundation acquires nearly 20% stake in Pearl Continental owner for Rs6.55 billion

Govt cuts petrol price by Rs5.45, diesel's by Rs3.68 per litre

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

PRAL in, FBR out—II

US carries out 'defensive' strikes on Iran's Qeshm Island, officials say

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

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Business & Finance

Energy

Oil edges down as investors await US midterm election results

Brent futures fell 26 cents, or 0.25%, to $103.34 a barrel

Published 04 Nov, 2026 07:44am

BR Research

The circus

Pakistan’s government appears to have discovered yet another way to discourage investment: persuade an industry to...

Published 04 Nov, 2026 05:25am

Bullion Rate

Gold firms on softer oil prices, US midterm results awaited

Spot gold was up 0.2% at $3,934.75 ‌per ounce

Published 04 Nov, 2026 07:56am

Forex

India rupee's recovery may find fresh legs from equity flows, dollar weakness

The Indian rupee was likely to open around 94.70, according to traders, after settling at 94.74 on Tuesday

Published 04 Nov, 2026 08:08am

BR Research

Barkat Frisian Agro Limited

Barkat Frisian Agro Limited (formerly Barkat Frisian Pasteurized Egg Company) (PSX: BFAGRO) was incorporated in...

Updated 04 Nov, 2026 08:05am

Forex

Dollar dips with US midterm results in focus

The dollar index , which measures the greenback against a basket of six currencies, edged down 0.2% to 101.7

Published 04 Nov, 2026 08:03am

Stocks

Stocks, dollar slide after some early wins for Democrats in US midterm election

MSCI's broadest index of Asia-Pacific shares outside Japan fell ⁠0.5%

Published 04 Nov, 2026 07:59am

Stocks

Indian stocks poised to open lower as US midterm vote outcome looms

GIFT Nifty futures were at 23,711

Published 04 Nov, 2026 07:46am

2026-11-04-01-37

Innovation Hub: SBP opens ‘Mojaloop Accelerator Programme’

KARACHI: The State Bank of Pakistan (SBP) on Tuesday launched the collaboration framework of its Innovation Hub.... Published 04 Nov, 2026 05:25am

Energy

Petrol price slashed by Rs5.45, HSD’s by Rs3.68

ISLAMABAD: Consumers across the country will get relief at the fuel pumps effective for November 4, as the Oil and... Published 04 Nov, 2026 06:41am

BR Research

CPI: the squeeze on households continues

Food and fuel keep monthly price increases elevated. Softer core inflation offers some comfort, but households may...

Updated 03 Nov, 2026 06:20am

Karam Ceramics Limited: performance and outlook

Karam Ceramics Limited was incorporated in Pakistan as a public limited company in 1979. The company is engaged in...

Updated 03 Nov, 2026 06:24am

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

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

Pakistan

‘Prohibited funds’: ECP to hear case against MQM-Haqiqi on 11th

ISLAMABAD: The Election Commission of Pakistan (ECP) has fixed a case against a political party for hearing for... Published 04 Nov, 2026 05:25am

IK meets his lawyer at Adiala jail

ISLAMABAD: Jailed PTI founder Imran Khan met his lawyer Barrister Salman Safdar at Adiala jail on Monday and... Published 04 Nov, 2026 05:25am

Electoral reforms: Efforts to set up parliamentary body hit early snag as PTI objects

ISLAMABAD: The government’s efforts to set up a parliamentary committee on electoral reforms hit an early snag on... Published 04 Nov, 2026 07:10am

Iran-US conflict: Senate body seeks key updates on diplomatic engagements

ISLAMABAD: The Senate Foreign Affairs Committee has sought a comprehensive briefing on Prime Minister Shehbaz... Published 04 Nov, 2026 05:25am

Police jobs: FCC lays down guiding principles

ISLAMABAD: The Federal Constitutional Court laid down guiding principles for antecedent verification in public... Published 04 Nov, 2026 05:25am

ATC grants bail to Imaan, her husband

ISLAMABAD: An Anti-Terrorism Court (ATC) on Tuesday granted bail to human rights activist Imaan Zainab Mazari and... Published 04 Nov, 2026 05:25am

World

USA

US midterm elections: Democrats gain ground in battle for Congress with North Carolina flip

It's still too early to determine whether Democrats would be able to net the four Senate seats and three House seats they need to win a majority in both chambers

Updated 04 Nov, 2026 08:41am

USA