Home - Business Recorder

Updated 16 Jun, 2026 10:37pm

US-Iran deal to be signed in Switzerland on Friday: Bern

Signing scheduled for Friday, June 19

World

Iran deputy foreign minister says US naval blockade 'lifted'

Published 16 Jun, 2026 10:27pm

Pakistan

China hails Pakistan's role in US-Iran peace deal

Published 16 Jun, 2026 06:51pm

Business & Finance

Punjab govt presents Rs5.9trn budget for FY2026-27

Updated 16 Jun, 2026 10:20pm

Business & Finance

ECC approves Rs9.56bn in supplementary grants, extends gas supply to urea plants

Published 16 Jun, 2026 10:21pm

World

Iran deal says 'loud and clear' that Tehran won't have a nuclear weapon: Trump

Published 16 Jun, 2026 05:12pm

Markets

Stocks surge, KSE-100 gains over 3,300 points

Updated 16 Jun, 2026 06:44pm

Markets

Pakistan eyes more global bond issues, sees budget upside from Iran deal

Updated 16 Jun, 2026 06:48pm

Markets

Improved regional stability post US-Iran deal to spur investment, trade: Aurangzeb tells UK minister

Published 16 Jun, 2026 11:05am

Pakistan

Aleema questions need for ‘fifth injection’ to Imran, seeks independent medical assessment

Published 16 Jun, 2026 02:37pm

Markets

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz

Updated 16 Jun, 2026 09:29pm

Must Read

Budget 26-27: Read full coverage here

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

Business & Finance

SLM raises record Rs7.78bn in largest-ever IPO

Business & Finance

The labyrinthine Finance Bill 2026 explained

Pakistan

Tax to be abolished on female hygiene products

Editorials

A nation failing its children

Opinion

Key features of federal budget FY27

Opinion

Peace at last?

Gold per tola gains Rs10,800 in Pakistan

Landmark US-Iran peace agreement: Pakistan to host signing ceremony in Geneva

Pakistan eyes more global bond issues, sees budget upside from Iran deal

Pakistan's Servis Group enters $1bn club

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

Key features of federal budget FY27

Stocks surge, KSE-100 gains over 3,300 points

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz

SLM raises record Rs7.78bn in largest-ever IPO

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 16	160.26
USD to Swiss Franc / Jun 16	0.80
Pound Sterling to USD / Jun 16	1.34
Euro to USD / Jun 16	1.16
SOFR % / Jun 16	3.65

Stock	Volume
S&P 500 / Jun 15	7,554.29
Nasdaq / Jun 15	26,683.94
Dow Jones / Jun 15	51,671.03
India Sensex / Jun 16	76,714.29
Tokyo Nikkei / Jun 16	69,722.25
Hang Seng / Jun 16	24,445.52
FTSE 100 / Jun 16	10,492.70
Germany DAX 30 / Jun 16	25,085.84
France CAC40 / Jun 16	8,452.87

Item	Value
Gold 10 Grams PKR / Jun 15	389,600
Crude Oil USD/Barrel / Jun 16	80.57
Karachi Cotton PKR/37.32 KG / Jun 16	20,280
Gold Spot USD/Ounce / Jun 16	4,326.02
Cotton US¢/pound / Jun 16	76.67
Petrol/Litre / Jun 17	373.78
Diesel/Litre / Jun 17	378.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 16 First Fidelity Leasing Modaraba(FFLM)	15.36 ▲ 2.67 (21.04%)
Pak. P.V.C. / Jun 16 Pakistan PVC Limited(PPVC)	34.60 ▲ 6.01 (21.02%)
Pak Stock Exchange / Jun 16 Pakistan Stock Exchange Limited(PSX)	52.70 ▲ 9.15 (21.01%)
Crescent Steel / Jun 16 Crescent Steel & Allied Products Limited(CSAP)	116.84 ▲ 20.28 (21%)
National Silk / Jun 16 The National Silk & Rayon Mills Limited(NSRM)	195.13 ▲ 33.87 (21%)

Stock	Price
Ideal Spinning / Jun 16 Ideal Spinning Mills Limited(IDSM)	69.48 ▼ -8.96 (-11.42%)
Askari Life Assur. / Jun 16 Askari Life Assurance Company Limited(ALAC)	23.10 ▼ -2.44 (-9.55%)
Universal Ins. / Jun 16 The Universal Insurance Company Limited(UVIC)	22.60 ▼ -2.28 (-9.16%)
Frontier Ceramics / Jun 16 Frontier Ceramics Limited(FRCL)	74.97 ▼ -6.17 (-7.6%)
Idrees Tex. / Jun 16 Idrees Textile Mills Limited(IDRT)	46.69 ▼ -3.41 (-6.81%)

Stock	Volume
Lotte Chemical / Jun 16 Lotte Chemical Pakistan Limited(LOTCHEM)	108,119,661 ▼ -0.25
Pak Int.Bulk / Jun 16 Pakistan International Bulk Terminal(PIBTL)	49,523,210 ▲ 0.84
Siddiqsons Tin / Jun 16 Siddiqsons Tin Plate Limited(STPL)	43,732,572 ▲ 0.46
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	42,975,274 ▲ 3.46
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	40,115,690 ▲ 0.09

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 16	160.26
USD to Swiss Franc / Jun 16	0.80
Pound Sterling to USD / Jun 16	1.34
Euro to USD / Jun 16	1.16
SOFR % / Jun 16	3.65

Stock	Volume
S&P 500 / Jun 15	7,554.29
Nasdaq / Jun 15	26,683.94
Dow Jones / Jun 15	51,671.03
India Sensex / Jun 16	76,714.29
Tokyo Nikkei / Jun 16	69,722.25
Hang Seng / Jun 16	24,445.52
FTSE 100 / Jun 16	10,492.70
Germany DAX 30 / Jun 16	25,085.84
France CAC40 / Jun 16	8,452.87

Item	Value
Gold 10 Grams PKR / Jun 15	389,600
Crude Oil USD/Barrel / Jun 16	80.57
Karachi Cotton PKR/37.32 KG / Jun 16	20,280
Gold Spot USD/Ounce / Jun 16	4,326.02
Cotton US¢/pound / Jun 16	76.67
Petrol/Litre / Jun 17	373.78
Diesel/Litre / Jun 17	378.78

Gold per tola gains Rs10,800 in Pakistan

Landmark US-Iran peace agreement: Pakistan to host signing ceremony in Geneva

Pakistan eyes more global bond issues, sees budget upside from Iran deal

Pakistan's Servis Group enters $1bn club

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

Key features of federal budget FY27

Stocks surge, KSE-100 gains over 3,300 points

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz

SLM raises record Rs7.78bn in largest-ever IPO

Latest Videos

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

Business & Finance

ECC approves Rs9.56bn in supplementary grants, extends gas supply to urea plants

ECC greenlights funds for critical public services, including passports and NADRA Published 16 Jun, 2026 10:21pm

BR Research

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

Money & Banking

US Federal Reserve kicks off first meeting with Warsh as chair

Fed officials are set to keep rates at a range between 3.50% and 3.75%

Published 16 Jun, 2026 07:48pm

Stocks

Pakistan resolved issues faced by Chinese stock investors: SECP chief

Govt aims to expand insurance sector, says Kabir Ahmed Sidhu

Published 16 Jun, 2026 07:31pm

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

Budgets

Punjab govt presents Rs5.9trn budget for FY2026-27

FY27 budget third under Chief Minister Maryam Nawaz Sharif

Updated 16 Jun, 2026 10:20pm

Exchange

Rupee registers gain against US dollar

Settles at 278.30 against greenback

Updated 16 Jun, 2026 09:00pm

South Asia

India limits cough syrup sales to pharmacies after contamination cases

Some cough syrups were previously on an exemption list under drug rules

Published 17 Jun, 2026 12:29am

Wafi Energy reappoints chairperson, CEO

Discloses the development in a notice to the Pakistan Stock Exchange

Published 16 Jun, 2026 03:22pm

Stocks

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

The proceeds will also support expansion of the company’s TV production line

Published 16 Jun, 2026 12:22pm

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

BR Research

Petroleum Levy target looks easily achievable

The FY27 budget leaves little room for ambiguity. In line with IMF expectations, the government has pencilled in...

Published 15 Jun, 2026 02:32am

BR Research

Cnergyico Pakistan Limited

Cnergyico Pakistan Limited (PSX: CNERGY) was incorporated in Pakistan as a public limited company in 1995. The...

Published 15 Jun, 2026 02:32am

Pakistan

China hails Pakistan's role in US-Iran peace deal

Both sides agree to remain in close contact, continue consultations on key bilateral, regional matters of common interest

Published 16 Jun, 2026 06:51pm

Aleema questions need for ‘fifth injection’ to Imran, seeks independent medical assessment

Imran Khan's family rejects PIMS reports on his health, demanding independent medical care and restoration of all his rights. Published 16 Jun, 2026 02:37pm

CTD kills five terrorists in intelligence-based operation in Attock

CTD successfully eliminated five terrorists in Attock, recovering weapons and preventing their planned attacks in Punjab. Published 16 Jun, 2026 12:34pm