Home - Business Recorder

Updated 17 Jun, 2026 09:39pm

Sindh presents Rs3.56tn provincial budget for FY2026-27 amid opposition walkout

No new taxes have been imposed in budget, says CM Murad

Markets

Pakistan posts $459mn C/A surplus in May 2026

Updated 17 Jun, 2026 09:23pm

World

Trump says he had good meeting with India's Modi, working on trade deals

Published 17 Jun, 2026 08:14pm

Markets

Volatility at bourse, KSE-100 settles nearly flat

Updated 17 Jun, 2026 06:31pm

Pakistan

Pakistan extends airspace ban on Indian aircraft until July 24

Published 17 Jun, 2026 06:23pm

World

Iran deal includes $300 billion fund, more than half of which already committed, source says

Published 17 Jun, 2026 06:28pm

Business & Finance

Balochistan cabinet approves Rs1089 billion budget for FY 2026-27

Published 17 Jun, 2026 08:25pm

World

Trump says Iran memorandum of understanding is not final

Published 17 Jun, 2026 04:57pm

Markets

Oil rises 1% on US-Iran deal doubts; IEA warns of supply glut

Updated 17 Jun, 2026 09:07pm

Technology

Pakistan’s IT exports surpass $4bn for first time

Published 17 Jun, 2026 01:14pm

World

Iranian oil tankers pass US blockade after US-Iran deal, data shows

Published 17 Jun, 2026 01:42pm

Budget 26-27: Read full coverage here

Editorials

From oil shock to hunger crisis

Opinion

Developing ownership among non-owners

Opinion

A tax breather – not a digital leap

BR Research

Ghazi Fabrics International Limited: performance and outlook

Markets

SpaceX locks in $60bn deal with Pakistani co-founded AI startup Cursor to power AI coding push

Markets

Pakistan resolved issues faced by Chinese stock investors: SECP chief

Perspectives

Türkiye’s growing tourism appeal: Istanbul’s role in a changing global travel landscape

Editorials

Fiscal fault lines could test budget outlook

Pakistan posts $459mn C/A surplus in May 2026

Age limit on vehicle imports removed: Second phase of tariff rationalisation plan unveiled

Budget: Punjab closely follows in Centre’s footsteps

Select Technologies announces Rs2.5bn IPO to establish AC manufacturing facility in Pakistan

11M textile exports rise 1.83pc to USD16.665bn YoY

Pakistan's Servis Group enters $1bn club

Oil rises 1% on US-Iran deal doubts; IEA warns of supply glut

Gold per tola gains Rs10,800 in Pakistan

Sindh presents Rs3.56tn provincial budget for FY2026-27 amid opposition walkout

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	278.50
USD PKR Interbank Buying / Jun 16	278.30
USD to Japanese Yen / Jun 17	160.29
USD to Swiss Franc / Jun 17	0.79
Pound Sterling to USD / Jun 17	1.34
Euro to USD / Jun 17	1.16
SOFR % / Jun 16	3.65

Stock	Volume
S&P 500 / Jun 16	7,511.35
Nasdaq / Jun 16	26,376.34
Dow Jones / Jun 16	51,999.67
India Sensex / Jun 17	77,090.60
Tokyo Nikkei / Jun 17	69,964.39
Hang Seng / Jun 17	24,274.30
FTSE 100 / Jun 17	10,479
Germany DAX 30 / Jun 17	24,826.83
France CAC40 / Jun 17	8,467.18

Item	Value
Gold 10 Grams PKR / Jun 15	389,600
Karachi Cotton PKR/37.32 KG / Jun 16	20,280
Petrol/Litre / Jun 17	373.78
Crude Oil USD/Barrel / Jun 17	75.96
Gold Spot USD/Ounce / Jun 17	4,325.20
Diesel/Litre / Jun 17	378.78
Cotton US¢/pound / Jun 17	78.40

Gainers
Losers
Leaders

Stock	Price
Ghani Chemworld Limited (R) / Jun 17 Ghani Chemworld Limited Right(GCWLR)	3.01 ▲ 1 (49.75%)
First AL-Noor Mod. / Jun 17 First Al-Noor Modaraba(FANM)	7.70 ▲ 1 (14.93%)
First IBL Mod. / Jun 17 First IBL Modaraba(FIBLM)	12.05 ▲ 1.1 (10.05%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	16.90 ▲ 1.54 (10.03%)
Dewan Motors / Jun 17 Dewan Farooque Motors Limited(DFML)	21.63 ▲ 1.97 (10.02%)

Stock	Price
Tri-Star Mutual / Jun 17 Tri-Star Mutual Fund Limited(TSMF)	19.58 ▼ -2.17 (-9.98%)
Asia Ins. / Jun 17 Asia Insurance Company Limited(ASIC)	35.18 ▼ -3.9 (-9.98%)
Nets Internat.Comm. / Jun 17 Nets International Communication Limited(GEMNETS)	30.18 ▼ -3.25 (-9.72%)
AN Textile Mills / Jun 17 AN Textile Mills Limited(ANTM)	33.11 ▼ -2.51 (-7.05%)
Grays Leasing / Jun 17 Grays Leasing Limited(GRYL)	20.57 ▼ -1.56 (-7.05%)

Stock	Volume
Service Long March / Jun 17 Service Long March Tyres Limited(SLM)	189,427,474 ▲ 1.75
Kohinoor Spinning / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	72,276,012 ▲ 0.42
K-Electric Ltd. / Jun 17 K-Electric Limited(KEL)	53,633,860 ▲ 0.22
Cnergyico PK / Jun 17 Cnergyico PK Limited(CNERGY)	53,028,384 ▲ 0.17
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	42,645,672 ▲ 0.98

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	278.50
USD PKR Interbank Buying / Jun 16	278.30
USD to Japanese Yen / Jun 17	160.29
USD to Swiss Franc / Jun 17	0.79
Pound Sterling to USD / Jun 17	1.34
Euro to USD / Jun 17	1.16
SOFR % / Jun 16	3.65

Stock	Volume
S&P 500 / Jun 16	7,511.35
Nasdaq / Jun 16	26,376.34
Dow Jones / Jun 16	51,999.67
India Sensex / Jun 17	77,090.60
Tokyo Nikkei / Jun 17	69,964.39
Hang Seng / Jun 17	24,274.30
FTSE 100 / Jun 17	10,479
Germany DAX 30 / Jun 17	24,826.83
France CAC40 / Jun 17	8,467.18

Item	Value
Gold 10 Grams PKR / Jun 15	389,600
Karachi Cotton PKR/37.32 KG / Jun 16	20,280
Petrol/Litre / Jun 17	373.78
Crude Oil USD/Barrel / Jun 17	75.96
Gold Spot USD/Ounce / Jun 17	4,325.20
Diesel/Litre / Jun 17	378.78
Cotton US¢/pound / Jun 17	78.40

Pakistan posts $459mn C/A surplus in May 2026

Age limit on vehicle imports removed: Second phase of tariff rationalisation plan unveiled

Budget: Punjab closely follows in Centre’s footsteps

Select Technologies announces Rs2.5bn IPO to establish AC manufacturing facility in Pakistan

11M textile exports rise 1.83pc to USD16.665bn YoY

Pakistan's Servis Group enters $1bn club

Oil rises 1% on US-Iran deal doubts; IEA warns of supply glut

Gold per tola gains Rs10,800 in Pakistan

Sindh presents Rs3.56tn provincial budget for FY2026-27 amid opposition walkout

Hear from Mahnoor Omer, who has been advocating for abolishment of tax on female hygiene products

World witnessing emergence of a 'new dawn': PM

Aurangzeb says in 'constant consultation' with the IMF

Who’s happy with the budget?

International card transactions to become cheaper

Balochistan cabinet approves Rs1089 billion budget for FY 2026-27

Allocates Rs206 billion for development, Rs797 billion for non-development expenditures

Published 17 Jun, 2026 08:25pm

BR Research

A tax breather – not a digital leap

Budget FY27 is broadly positive for Pakistan’s IT exporters but calling it a technology budget would be an...

Published 17 Jun, 2026 05:36am

Commodities

Gold price per tola gains Rs100 in Pakistan

Price of silver decreases by Rs6 to reach Rs7,503 per tola

Published 17 Jun, 2026 06:42pm

Money & Banking

Warsh-led Fed expected to leave interest rates unchanged

WASHINGTON: The Federal Reserve is expected to hold interest rates steady on Wednesday at the end of the first... Published 17 Jun, 2026 06:14pm

BR Research

Ghazi Fabrics International Limited: performance and outlook

Ghazi Fabrics International Limited (PSX: GFIL) was incorporated in Pakistan as a private limited company in 1989...

Updated 17 Jun, 2026 03:28pm

US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials

SandboxAQ was valued at $5.75 billion in April 2025 and has raised more than $1 billion to date

Published 17 Jun, 2026 04:51pm

Energy

Indian jet fuel exports to Europe heading back to 2025 levels, data shows

Around 62,000 barrels per day of jet fuel have been imported by the EU

Published 17 Jun, 2026 04:32pm

Budgets

Sindh presents Rs3.56tn provincial budget for FY2026-27 amid opposition walkout

No new taxes have been imposed in budget, says CM Murad

Updated 17 Jun, 2026 09:39pm

Currency

Rupee registers gain against US dollar

Settles at 278.27

Updated 17 Jun, 2026 09:20pm

PMOS to play central role in executing National Digital Masterplan: minister

Federal Minister for Economic Affairs Ahad Cheema said on Wednesday that Prime Minister’s Office System (PMOS) would... Published 17 Jun, 2026 04:00pm

SBP holding rates, watching risks

As expected, the SBP kept the policy rate unchanged at 11.5 percent. Overall, the stance is hawkish, and barring any...

Updated 16 Jun, 2026 06:05am

BR Research

Power subsidies: The reform that forgot to show up

At first glance, the FY27 federal budget appears short on surprises for the power sector. The headline subsidy...

Published 16 Jun, 2026 04:12am

BR Research

Data Agro Limited

Data Agro Limited (PSX: DAAG) was incorporated in Pakistan as a private limited company in 1992 and was converted...

Updated 16 Jun, 2026 06:54am

BR Research

Growth, expectations, and the inflation target

The federal budget has shifted the policy conversation from stabilization toward growth. That was inevitable. After...

Published 15 Jun, 2026 02:32am

Pakistan to facilitate repatriation of 30 Iranian nationals: Dar

Pakistan, in a multi-nation effort with Iran, the US, and UK, is facilitating the repatriation of 30 Iranian nationals, including rescued fishermen and interdicted crew, through Karachi. Published 17 Jun, 2026 09:20pm

Pakistan extends airspace ban on Indian aircraft until July 24

Ban has been in place since April 2025 due to bilateral tensions

Published 17 Jun, 2026 06:23pm

2026-06-17-01-32

‘Civil & military leadership helped prevent wider conflict’

ISLAMABAD: Pakistan’s civil and military leadership, working alongside key regional and international stakeholders,... Published 17 Jun, 2026 05:36am

2026-06-17-01-21

US-Iran talks: China tells Pakistan next phase will be ‘more difficult’

BEIJING: China’s top diplomat told his Pakistani counterpart on Tuesday that the next phase of negotiations between... Published 17 Jun, 2026 05:36am

2026-06-17-01-32

Punjab made significant financial sacrifice: Azma

LAHORE: Provincial Minister for Information and Culture Azma Bokhari has said that Punjab made a significant... Published 17 Jun, 2026 05:36am

2026-06-17-12-48

Budget debate: Treasury, opposition trade barbs

ISLAMABAD: The National Assembly’s budget debate on Tuesday descended into a sharp opposition-government clash, with... Published 17 Jun, 2026 05:36am