Home - Business Recorder

Published 22 Oct, 2026 11:56am

IMF sees 1.3% contraction in Middle East, North Africa and Pakistan in 2026

IMF said its baseline assumed that the conflict would abate in early 2027 and that trade would gradually normalize during the year

IMF flags rising inflation risks for Pakistan amid Middle East conflict

Published 22 Oct, 2026 12:45pm

Markets

Oil climbs over $1 on more Houthi attacks in Saudi Arabia

Updated 22 Oct, 2026 10:40am

Business & Finance

AI could reshape Pakistan’s labour market, puts service-sector jobs in focus: World Bank

Published 22 Oct, 2026 12:01pm

Markets

PSX: selling at bourse, KSE-100 sheds over 1,400 points

Updated 22 Oct, 2026 12:41pm

Business & Finance

Govt forms committee to review gas levy policy amid exporters' concerns

Published 22 Oct, 2026 11:03am

World

Two killed, 8 injured in attack on airport in Saudi oil city Dammam

Published 22 Oct, 2026 12:27pm

Markets

Gold drops over 1% as oil rally reinforces higher-for-longer rate outlook

Published 22 Oct, 2026 11:17am

Markets

Dip in the dollar takes a breather with Fed in focus

Published 22 Oct, 2026 07:43am

Distribution networks: PC proposes power sector restructuring

Published 22 Oct, 2026 05:52am

Business & Finance

Nora EV announces revised prices

Updated 22 Oct, 2026 10:49am

Must Read

World

Meta ordered to pay $25 billion to New Mexico after jury finds company misled consumers about data privacy

Technology

Experts call for national roadmap to expand Pakistan’s freelance workforce

Editorials

Improvement in macroeconomic buffers

Editorials

Power theft

Opinion

Attention must be sustained

Life & Style

Pakistani-origin surgeon Asif Hasan receives Pride of Britain Lifetime Achievement Award

Opinion

Reimagining Pakistan’s tax administration—II

BR Research

Tariffs: an overlooked test case

BR Research

Octopus Digital Limited: performance and outlook

Pakistan

'Learn to ride the wave of chaos rather than drown in it,' Asad Umar tells students at MediaVerse ’26

Perspectives

How Pakistan’s neighborhood merchants are winning the digital shift

Oil prices steady as investors weigh progress on Russia-Ukraine talks against falling US oil stocks

US spice maker McCormick announces plan to acquire majority stake in Unilever Pakistan Foods

Pakistan urged to build on its hard-won stability

PPIB holds talks with stakeholders: USD2.3bn project to deploy 16.2m AMI meters envisaged

Stocks rebound as KSE-100 closes with 779 points gain

Gold price per tola drops Rs900 in Pakistan

Pakistan, US pursuing revised trade pact

Pakistan, Maldives target $200m bilateral trade in two years

New valuation for tyres, tubes of buses, trucks issued

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 21	277.06 ▼ -0.01
USD PKR Interbank Buying / Oct 21	276.86 ▼ -0.01
USD to Japanese Yen / Oct 22	157.56 ▼ -0.56
USD to Swiss Franc / Oct 22	0.82 ▼ -0.0018
Pound Sterling to USD / Oct 22	1.34 ▲ 0.0004
Euro to USD / Oct 22	1.12 ▲ 0.001
SOFR % / Oct 20	3.88 -

Stock	Volume
India Sensex / Oct 22	73,651.88
Tokyo Nikkei / Oct 22	63,133.40
Hang Seng / Oct 22	22,903.08
S&P 500 / Oct 21	7,757.17
Nasdaq / Oct 21	26,702.86
FTSE 100 / Oct 21	10,752.88
Dow Jones / Oct 21	52,856.09
Germany DAX 30 / Oct 21	25,645.04
France CAC40 / Oct 21	7,921.68

Item	Value
Petrol/Litre / Oct 22	379.31
Crude Oil USD/Barrel / Oct 22	98.98
Gold Spot USD/Ounce / Oct 22	4,087.86
Diesel/Litre / Oct 22	390.11
Cotton US¢/pound / Oct 22	81.36
Karachi Cotton PKR/37.32 KG / Oct 21	18,380
Gold 10 Grams PKR / Oct 21	372,544

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Oct 22 Unicap Modaraba(UCAPM)	17.67 ▲ 1.61 (10.02%)
Kohinoor Energy / Oct 22 Kohinoor Energy Limited(KOHE)	15.83 ▲ 1.44 (10.01%)
Nishat (Chun.) / Oct 22 Nishat Chunian Limited(NCL)	41.86 ▲ 3.81 (10.01%)
Crescent Textile / Oct 22 The Crescent Textile Mills Limited(CRTM)	67.97 ▲ 6.18 (10%)
Dandot Cement / Oct 22 Dandot Cement Company Limited(DNCC)	23.86 ▲ 2.17 (10%)

Stock	Price
Crescent Fib. / Oct 22 Crescent Fibres Limited(CFL)	67.59 ▼ -7.51 (-10%)
Fateh Ind. / Oct 22 Fateh Industries Limited(FIL)	407.11 ▼ -45.23 (-10%)
MACPAC Films / Oct 22 MACPAC Films Limited(MACFL)	65.83 ▼ -7.31 (-9.99%)
Javedan Corp.(Pref) / Oct 22 Javedan Corp.(Pref)(JVDCPS)	48.91 ▼ -5.36 (-9.88%)
Grays Leasing / Oct 22 Grays Leasing Limited(GRYL)	33.10 ▼ -3.37 (-9.24%)

Stock	Volume
MACPAC Films / Oct 22 MACPAC Films Limited(MACFL)	15,975,287 ▼ -7.31
Pakistan Refinery / Oct 22 Pakistan Refinery Limited(PRL)	13,850,920 ▼ -5.08
Cnergyico PK / Oct 22 Cnergyico PK Limited(CNERGY)	12,535,010 ▼ -0.12
WorldCall Telecom / Oct 22 Worldcall Telecom Limited(WTL)	6,486,706 ▼ -0.01
Nishat ChunPow / Oct 22 Nishat Chunian Power Limited(NCPL)	5,825,505 ▼ -0.71

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 21	277.06 ▼ -0.01
USD PKR Interbank Buying / Oct 21	276.86 ▼ -0.01
USD to Japanese Yen / Oct 22	157.56 ▼ -0.56
USD to Swiss Franc / Oct 22	0.82 ▼ -0.0018
Pound Sterling to USD / Oct 22	1.34 ▲ 0.0004
Euro to USD / Oct 22	1.12 ▲ 0.001
SOFR % / Oct 20	3.88 -

Stock	Volume
India Sensex / Oct 22	73,651.88
Tokyo Nikkei / Oct 22	63,133.40
Hang Seng / Oct 22	22,903.08
S&P 500 / Oct 21	7,757.17
Nasdaq / Oct 21	26,702.86
FTSE 100 / Oct 21	10,752.88
Dow Jones / Oct 21	52,856.09
Germany DAX 30 / Oct 21	25,645.04
France CAC40 / Oct 21	7,921.68

Item	Value
Petrol/Litre / Oct 22	379.31
Crude Oil USD/Barrel / Oct 22	98.98
Gold Spot USD/Ounce / Oct 22	4,087.86
Diesel/Litre / Oct 22	390.11
Cotton US¢/pound / Oct 22	81.36
Karachi Cotton PKR/37.32 KG / Oct 21	18,380
Gold 10 Grams PKR / Oct 21	372,544

Oil prices steady as investors weigh progress on Russia-Ukraine talks against falling US oil stocks

US spice maker McCormick announces plan to acquire majority stake in Unilever Pakistan Foods

Pakistan urged to build on its hard-won stability

PPIB holds talks with stakeholders: USD2.3bn project to deploy 16.2m AMI meters envisaged

Stocks rebound as KSE-100 closes with 779 points gain

Gold price per tola drops Rs900 in Pakistan

Pakistan, US pursuing revised trade pact

Pakistan, Maldives target $200m bilateral trade in two years

New valuation for tyres, tubes of buses, trucks issued

Latest Videos

How electric scooters are empowering women in Pakistan

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Business & Finance

AI could reshape Pakistan’s labour market, puts service-sector jobs in focus: World Bank

Says over 80pc of workers in key service subsectors face high AI exposure

Published 22 Oct, 2026 12:01pm

BR Research

Tariffs: an overlooked test case

Pakistan’s tariff debate has run for decades on two competing assertions. Protectionists argue that domestic...

Published 22 Oct, 2026 05:52am

IMF sees 1.3% contraction in Middle East, North Africa and Pakistan in 2026

IMF said its baseline assumed that the conflict would abate in early 2027 and that trade would gradually normalize during the year

Published 22 Oct, 2026 11:56am

Govt forms committee to review gas levy policy amid exporters' concerns

The meeting extensively reviewed industrial energy costs, particularly the gas levy and its impact on export competitiveness

Published 22 Oct, 2026 11:03am

BR Research

Octopus Digital Limited: performance and outlook

Octopus Digital Limited (PSX: OCTOPUS) was incorporated in Pakistan as a private limited company in 2017 as Avanceon...

Updated 22 Oct, 2026 07:23am

Bullion Rate

Gold drops over 1% as oil rally reinforces higher-for-longer rate outlook

Spot gold slid 1.1% to $4,094.90 per ounce

Published 22 Oct, 2026 11:17am

Nokia profit doubles in 3rd quarter on AI spending

Profit in the quarter rose to 156 million euros ($175 million) from 80 million in the same period the year before

Published 22 Oct, 2026 12:20pm

Experts call for national roadmap to expand Pakistan’s freelance workforce

IT experts and industry analysts have called for a coordinated national strategy to expand Pakistan’s freelance... Published 22 Oct, 2026 10:00am

Commodities

Copper falls as rising inventories cool supply worries

Benchmark three-month copper on the LME was down 0.44% at $14,293.5 a metric ton

Published 22 Oct, 2026 12:16pm

DeepSeek wrapping up $15 billion fundraising to fuel AI race

The fundraising is set to be complete in the coming days, but financial details are not ironclad and could still change, the other person said

Published 22 Oct, 2026 12:14pm

BR Research

POL: Strong earnings, mixed production

Pakistan Oilfields Limited (PSX: POL) started FY27 on a strong note, reporting a 51 percent year-on-year increase in...

Published 21 Oct, 2026 02:29am

BR Research

Safe Mix Concrete Limited: performance and outlook

Safe Mix Concrete Limited (PSX: SMCPL) was incorporated in Pakistan as a private limited company in 2005 and was...

Updated 21 Oct, 2026 01:42pm

BR Research

1QFY27 FDI growth masks a narrow investment base

Foreign direct investment (FDI) in Pakistan ahs seen some modest and concentrated recovery in 1QFY27. Net FDI...

Updated 20 Oct, 2026 07:21am

BR Research

Mughal Iron & Steel Industries Limited: performance and outlook

Mughal Iron & Steel Industries Limited (PSX: MUGHAL) was incorporated in Pakistan as a public limited company in...

Updated 20 Oct, 2026 07:27am

Pakistan

2026-10-22-01-49

FCC reinstates three ATC judges sacked by Sindh govt

ISLAMABAD: The Federal Constitutional Court has accepted the appeal of Muhammad Yamin, declaring invalid the Sindh... Published 22 Oct, 2026 05:52am

2026-10-22-01-49

India invites Pakistan to SCO culture ministers’ meeting in Delhi

ISLAMABAD: Pakistan has received an invitation from India to attend the Shanghai Cooperation Organization (SCO)... Published 22 Oct, 2026 05:52am

2026-10-22-01-49

Service tribunal must correct unlawful actions, not replace administrative decisions, according to SC

ISLAMABAD: The Supreme Court ruled that the effectiveness of service adjudication by the Service Tribunal lies in... Published 22 Oct, 2026 05:52am

2026-10-22-01-19

Gandapur challenges Salman to identify ‘party conspirators’

ISLAMABAD: Former Khyber Pakhtunkhwa chief minister Ali Amin Gandapur on Wednesday challenged PTI Secretary General... Published 22 Oct, 2026 05:52am

2026-10-22-01-19

Trade, investment, education, climate change: Dar for expanding cooperation with Maldives

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar called on Maldivian President Dr... Published 22 Oct, 2026 05:52am

2026-10-22-12-59

NBP partners with Habib University Foundation

KARACHI: National Bank of Pakistan (NBP) and Habib University Foundation have entered into a Memorandum of... Published 22 Oct, 2026 05:52am

World

Middle East

Two killed, 8 injured in attack on airport in Saudi oil city Dammam

Those killed were a Saudi citizen and an Indian national, the authority said

Published 22 Oct, 2026 12:27pm

Middle East

Iran's IRGC Navy says seven vessels hit, warns US of wider response

The IRGC added that three ‌more ⁠vessels collided with mines west of the Strait of Hormuz

Published 22 Oct, 2026 10:50am

Europe

Putin agrees to resume 3-way peace talks with Ukraine and US

Wednesday’s encounter unfolded amid concerns in Kyiv and among its allies that the United States is backing away from Ukraine

Published 22 Oct, 2026 08:13am

Europe

Russia hits port infrastructure in Ukraine's Odesa region, vessels used by Ukrainian army, defence ministry says

Russian armed forces carried out a 'massive strike' overnight on port

Published 22 Oct, 2026 10:34am

Asia

North Korea's Kim Yo Jong warns South Korea, says border loudspeakers to be ready within days

The statement came with a warning to Seoul of 'the most horrible and distressing situation' if South Korea continued what Pyongyang calls interference in the North's internal affairs.

Published 22 Oct, 2026 08:24am