Home - Business Recorder

Published 13 Nov, 2026 08:12am

Oil prices set for second weekly decline as Trump to stay with Iran blockade

Brent futures were ‌little changed, down 1 cent at $95.41 a barrel

Markets

Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO

Published 13 Nov, 2026 08:22am

Business & Finance

Govt cuts petrol price by Rs3, diesel by Rs4 per litre

Published 12 Nov, 2026 10:20pm

Markets

Dollar near 19-month high on Fed hike bets, yen tests 160

Published 13 Nov, 2026 07:53am

Gas utilities seek average price increase for FY27

Published 13 Nov, 2026 05:31am

Business & Finance

Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain

Published 13 Nov, 2026 06:41am

Power sector: gas output and use of RLNG slump

Published 13 Nov, 2026 05:34am

PMIF-2026 inaugurated: Investors urged to tap vast mineral sector

Published 13 Nov, 2026 05:56am

World

Four tankers struck by explosions in Hormuz: Iran

Published 13 Nov, 2026 06:00am

Vulnerable nations: PM for grant-based climate finance

Published 13 Nov, 2026 05:39am

AML Act, 2010: SBP raises CTR reporting threshold

Published 13 Nov, 2026 05:41am

Must Read

WATCH: Meet the bodybuilding founder who beat cancer twice

Editorials

COP31

Editorials

Development on the back burner

Opinion

Favouring the richer landowners

Opinion

Learning from China’s economic philosophy and policy — XVII

BR Research

IT exports: Beyond the growth numbers

BR Research

Nishat Power Limited: performance and outlook

Editorials

Centre expenditure on provincial subjects

Perspectives

The economics of 'log kya kaheinge'

Editorials

The sweet smell of patronage

World

Who is Nvidia interim CEO Colette Kress?

PM Shehbaz calls for grant-based climate finance, increased adaptation funds at COP31

Oil prices rise as geopolitical risks offset rising crude output

Gold price per tola falls Rs10,900 in Pakistan

Govt further decreases petrol price by Rs3, diesel's by Rs7 per litre

Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal

FBR introduces rules for e-scrutiny of taxpayers

PSX: selling conintues, KSE-100 down nearly 1%

Pakistan Atomic Energy Commission completes dome placement at Chashma-5 nuclear plant

Pearl Continental owner says ‘not a party’ to Thatta Cement-Fauji Foundation restructuring deal

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	276.81 ▼ -0.01
USD PKR Interbank Buying / Nov 12	276.61 ▼ -0.01
USD to Japanese Yen / Nov 12	159.92 ▲ 0.24
USD to Swiss Franc / Nov 12	0.84 ▲ 0.0032
Pound Sterling to USD / Nov 12	1.32 ▼ -0.004
Euro to USD / Nov 12	1.11 ▼ -0.0035
SOFR % / Nov 10	3.89 ▲ 0.01

Stock	Volume
S&P 500 / Nov 12	7,592.40
India Sensex / Nov 12	81,911.01
Tokyo Nikkei / Nov 12	60,819.36
Nasdaq / Nov 12	25,366.09
Hang Seng / Nov 12	24,008.55
FTSE 100 / Nov 12	10,863.09
Dow Jones / Nov 12	52,297.09
Germany DAX 30 / Nov 12	26,771.88
France CAC40 / Nov 12	8,361.36

Item	Value
Petrol/Litre / Nov 13	332
Diesel/Litre / Nov 13	360
Crude Oil USD/Barrel / Nov 12	88.36
Karachi Cotton PKR/37.32 KG / Nov 12	18,080
Gold 10 Grams PKR / Nov 12	357,112
Gold Spot USD/Ounce / Nov 12	3,899.01
Cotton US¢/pound / Nov 12	82.51

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Apna Microfin. / Nov 13 Apna Microfinance Bank Limited(AMBL)	23.54 ▲ 2.14 (10%)
ARM Green Industries / Nov 13 ARM Green Industries Limited(ARMG)	109.16 ▲ 9.92 (10%)

Stock	Price
Ghani Chemworld Limited(PRS) / Nov 13 Ghani Chemworld Limited(PRS)(GCWLPRS)	100 ▼ -10 (-9.09%)
Elahi Cotton / Nov 13 Elahi Cotton Mills Limited(ELCM)	215.20 ▼ -20.18 (-8.57%)
Popular Islamic / Nov 13 Popular Islamic Modaraba(PIM)	140 ▼ -12.93 (-8.45%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	3.93 ▼ -0.32 (-7.53%)
Nadeem Tex. / Nov 13 Nadeem Textile Mills Limited(NATM)	72.71 ▼ -5.29 (-6.78%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	23,467,472 ▲ 0.03
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	10,618,394 ▲ 1.1
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	6,492,237 ▲ 0.37
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	5,584,947 ▲ 0.23
Bawany Air Products / Nov 13 Bawany Air Products Limited(BAPL)	2,432,670 ▲ 1.66

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	276.81 ▼ -0.01
USD PKR Interbank Buying / Nov 12	276.61 ▼ -0.01
USD to Japanese Yen / Nov 12	159.92 ▲ 0.24
USD to Swiss Franc / Nov 12	0.84 ▲ 0.0032
Pound Sterling to USD / Nov 12	1.32 ▼ -0.004
Euro to USD / Nov 12	1.11 ▼ -0.0035
SOFR % / Nov 10	3.89 ▲ 0.01

Stock	Volume
S&P 500 / Nov 12	7,592.40
India Sensex / Nov 12	81,911.01
Tokyo Nikkei / Nov 12	60,819.36
Nasdaq / Nov 12	25,366.09
Hang Seng / Nov 12	24,008.55
FTSE 100 / Nov 12	10,863.09
Dow Jones / Nov 12	52,297.09
Germany DAX 30 / Nov 12	26,771.88
France CAC40 / Nov 12	8,361.36

Item	Value
Petrol/Litre / Nov 13	332
Diesel/Litre / Nov 13	360
Crude Oil USD/Barrel / Nov 12	88.36
Karachi Cotton PKR/37.32 KG / Nov 12	18,080
Gold 10 Grams PKR / Nov 12	357,112
Gold Spot USD/Ounce / Nov 12	3,899.01
Cotton US¢/pound / Nov 12	82.51

PM Shehbaz calls for grant-based climate finance, increased adaptation funds at COP31

Oil prices rise as geopolitical risks offset rising crude output

Gold price per tola falls Rs10,900 in Pakistan

Govt further decreases petrol price by Rs3, diesel's by Rs7 per litre

Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal

FBR introduces rules for e-scrutiny of taxpayers

PSX: selling conintues, KSE-100 down nearly 1%

Pakistan Atomic Energy Commission completes dome placement at Chashma-5 nuclear plant

Pearl Continental owner says ‘not a party’ to Thatta Cement-Fauji Foundation restructuring deal

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Business & Finance

Energy

Oil prices set for second weekly decline as Trump to stay with Iran blockade

Brent futures were ‌little changed, down 1 cent at $95.41 a barrel

Published 13 Nov, 2026 08:12am

BR Research

IT exports: Beyond the growth numbers

Pakistan’s IT exports continued their strong run in 1QFY27, reaching USD1.25 billion, up 18 percent from USD1.06...

Updated 13 Nov, 2026 08:04am

Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO

Now the 59-year-old finance chief ‌has been handed the top job on an interim basis, while Nvidia searches for a permanent successor

Published 13 Nov, 2026 08:22am

Forex

Indian rupee faltering rally faces returning oil pressure, surging US yields

The Indian rupee is expected to open weaker than the 94-per-dollar mark and remain under pressure

Published 13 Nov, 2026 08:24am

BR Research

Nishat Power Limited: performance and outlook

Nishat Power Limited (PSX: NPL) was incorporated in Pakistan as a public limited company in 2007. The company owns,...

Updated 13 Nov, 2026 08:08am

Forex

Dollar near 19-month high on Fed hike bets, yen tests 160

The Japanese yen was largely unchanged at 159.875 per dollar

Published 13 Nov, 2026 07:53am

Stocks

Indian shares likely to open flat as oil surge counters strong foreign inflows

GIFT Nifty futures were at 25,267.5

Published 13 Nov, 2026 08:04am

Stocks

Stocks recover from Nvidia whiplash, dollar climbs with US yields

Nvidia shares fell 3% in extended trading, while those of its customers, including South Korea's Naver, extended declines on Friday, with Naver down 2.75%

Published 13 Nov, 2026 07:57am

Companies

Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain

Nvidia stock fell 5% on Thursday after CEO Jensen Huang resigned; it is down 12% this week

Published 13 Nov, 2026 06:41am

2026-11-13-02-17

Approval of Raast QR MDR scheme: SBP told to prepare working paper

ISLAMABAD: The government has directed the State Bank of Pakistan (SBP) to prepare a working paper for approval of... Published 13 Nov, 2026 05:50am

BR Research

A subsidy-neutral package that isn't quite neutral

Pakistan’s Incremental Consumption Package (ICP) was meant to encourage industrial and agricultural consumers to use...

Published 12 Nov, 2026 04:29am

Aisha Steel Mills Limited: performance and outlook

Aisha Steel Mills Limited (PSX: ASL) was incorporated in Pakistan in 2005 as a public limited company and started...

Updated 12 Nov, 2026 07:10am

Remittance: What’s driving the surge?

The upbeat momentum in home remittances continues to surprise market participants. Inflows in 4MFY27 are up by 14...

Updated 11 Nov, 2026 06:11am

Flying Cement Company Limited: performance and outlook

Flying Cement Company Limited (PSX: FLYNG) was incorporated in Pakistan as a public limited company in 1992. The...

Updated 11 Nov, 2026 06:12am

Pakistan

Naqvi for referendum on creation of new provinces

ISLAMABAD: Interior Minister Mohsin Naqvi has called for a referendum on the creation of new provinces, saying that... Published 13 Nov, 2026 05:14am

Captain Asim Tariq murder case: ATC records statements of three more witnesses

ISLAMABAD: The Anti-Terrorism Court (ATC) on Thursday recorded the statements of three more prosecution witnesses in... Published 13 Nov, 2026 07:30am

Two sisters of IK released

LAHORE: Nooreen Khan Niazi and Dr Uzma Khan, sisters of jailed Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan,... Published 13 Nov, 2026 05:14am

Two policemen martyred in Swabi

SWABI: Police thwarted a late-night terrorist attack on Band Korai Police Station in Dera Ismail Khan after... Published 13 Nov, 2026 05:14am

FCC reserves judgment in provincial cess case

ISLAMABAD: The Federal Constitutional Court (FCC) on Thursday reserved its judgment on the Sindh and Khyber... Updated 13 Nov, 2026 06:04am

Sindh CM meets Dar, Aurangzeb

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar held a meeting with Chief... Published 13 Nov, 2026 05:14am

World

Middle East

Iran's Guards say they targeted a US early-warning radar in Bahrain

The Guards said the strike was in retaliation for ⁠what they described as an air attack on a telecommunications tower in Iran's southern Sirik count

Published 13 Nov, 2026 08:01am

Middle East

Four tankers struck by explosions in Hormuz: Iran

DUBAI: Four oil tankers were hit by explosions in the Strait of Hormuz, Iran’s military said on Thursday, adding... Published 13 Nov, 2026 06:00am

USA

One dead in downtown Washington shooting

WASHINGTON: One person was killed and four wounded in a shooting at and outside a fitness center in an upscale... Published 13 Nov, 2026 05:14am

Who is Nvidia interim CEO Colette Kress?

The appointment comes after the board ousted co-founder and CEO Jensen Huang

Published 12 Nov, 2026 10:37pm

Companies

Nvidia CEO Jensen Huang resigns in big blow to AI boom

Jensen Huang's resignation as Nvidia CEO plunges the $4 trillion AI giant into uncertainty, shaking the tech world and its future

Updated 12 Nov, 2026 08:41pm

The group later held a sold-out Royal Albert Hall concert in aid of the Trust in 2018, the statement said

Published 12 Nov, 2026 12:41pm

Life & Style

Actor Stacy Keach, known for playing Hammer, Hamlet and Hemingway, dead at 85

South Africa seeks batting stability, focusing on the No. 3 spot, as they prepare for upcoming Test challenges

Published 12 Nov, 2026 05:18pm

Sports

Manchester United sack manager Carrick with club in relegation zone

Azan Awais, on 16, and Mohammad Taha with 12 were the unbeaten batsmen at the interval as Pakistan edged into a 27-run lead

Published 12 Nov, 2026 12:56pm

Sports

Who said what as Khawaja autobiography revives Sandpapergate

Published 12 Nov, 2026 12:20pm

Sports

FIFA clears joint bids for 2031 and 2035 Women's World Cups

Published 12 Nov, 2026 12:38pm

Most Popular

Most Popular

Why are Pakistan’s remittances rising despite the war?

With inflation on the rise, Pakistanis need to be smart about their money

Breaking down LPG's soaring costs and supply disruption

Are living standards improving?

Of astronauts and lunar rovers