News stories for Salman Siddiqui

Salman Siddiqui

Business & Finance

SBP projects Pakistan FX reserves to hit $21.1bn by end of FY27

Central banks releases biannual Monetary Policy Report

Published 10 Aug, 2026 10:48pm

Business & Finance

Tasdeeq to raise Rs450mn by selling 150mn shares in IPO at PSX

Share price surges 58% to Rs3 per share from Rs1.9 at Dutch bidding

Published 06 Aug, 2026 10:50pm

Business & Finance

Pakistan's trade deficit widens over 25% YoY to $3.95bn in July 2026

Trade deficit narrows 15% MoM

Published 05 Aug, 2026 10:16pm

Business & Finance

SECMC set to increase coal production from Thar by 47% from Sept 2026

Increase in coal production to enable mining firm to expand supply of lignite to Lucky Electric Power Company Limited in Karachi

Published 04 Aug, 2026 09:17pm

Markets

First time in 23 months: foreign investors emerge as net buyers at PSX in July 2026

Foreigners inject net $34.4mn, mainly in banking and E&P sectors

Updated 01 Aug, 2026 10:28pm

Business & Finance

Citi's banking operations grow to over $1bn balance sheet in Pakistan

Billion dollar balance sheet has both assets and liabilities, says Citi Head of Services Shahmir Khaliq

Updated 04 Aug, 2026 05:38pm

Business & Finance

Pharmaceutical distributors’ turnover tax doubled

The government of Pakistan doubled the rate of minimum turnover tax on pharmaceutical distributors to 0.5 percent...

Published 28 Jul, 2026 05:33am

Markets

Pakistan’s FY27 external debt servicing projected at $21.5bn: SBP governor

External debt repayments stood at $26.5 in FY26

Updated 27 Jul, 2026 11:40pm

Business & Finance

Subsidised housing finance scheme: banks seen taking applications from people aged up to 65 years

Pakistanis having no house in their names stand eligible for PM subsidised housing finance scheme

Updated 23 Jul, 2026 12:49am

Markets

Punjab ban on wheat movement distorted free-market, fuelled inter-provincial smuggling: PFMA

Punjab govt has continued to restrict movement of wheat outside province for second consecutive year

Published 15 Jul, 2026 09:59pm

Business & Finance

SBP chief sees Pakistan's current account in surplus for FY26

State Bank of Pakistan (SBP) Governor Jameel Ahmad projected on Wednesday the current account would remain balanced...

Updated 08 Jul, 2026 11:03pm

Markets

Pakistan initiates issuance of Eurobond, Sukuk, dollar-settled rupee-linked bonds at global capital markets

Finance minister forms task force to ensure SMEs gain access to required bank financing

Updated 07 Jul, 2026 11:22pm

Business & Finance

Pakistan received 'strong interest' from foreign investors for Discos privatisation: official

Industrial policy in finalisation phase, says Advisor to Finance Minister Khurram Schehzad

Published 06 Jul, 2026 09:36pm

Business & Finance

Banks say shift in cost of remittances to burden them, dent profitability

SBP reports remittances cost at Rs76bn in FY26, projects cost to grow to Rs85-90bn in FY27

Updated 04 Jul, 2026 11:35pm

Business & Finance

Pakistan's GDP growth for FY26 to remain above govt estimate, says SBP chief

Workers' remittances estimated to hit above $41.5bn

Updated 03 Jul, 2026 06:21pm

Markets

'Four-year high': Pakistan trade deficit hits $39.5bn in FY26

Import volume spikes 8% to $69.6bn, export earnings drop 6% to $30.1bn in FY26

Published 02 Jul, 2026 11:19pm

Pakistan

Pakistan govt entity hit by cyberattack last week, official says

Public, private sector organisations given six months to establish cybersecurity operation centers

Published 01 Jul, 2026 08:44pm

Markets

Finance ministry sees June inflation at 11-12%

Projects improvement in CPI inflation, growth outlook for FY27

Published 30 Jun, 2026 10:34pm

Markets

CNG association seeks Sindh CM, governor intervention on four-month closure

Warns of layoffs if closure persists

Updated 29 Jun, 2026 10:57pm

Pakistan

Cardiologists urge people to monitor blood pressure, cholesterol, and blood sugar levels regularly

Cardiologists have stressed on the importance of regularly monitoring blood pressure, cholesterol and sugar levels -...

Published 29 Jun, 2026 02:36am

BR100
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 11	277.87
USD PKR Interbank Buying / Aug 11	277.67
USD to Japanese Yen / Aug 11	159.21
USD to Swiss Franc / Aug 11	0.81
Pound Sterling to USD / Aug 11	1.35
Euro to USD / Aug 11	1.15
SOFR % / Aug 11	3.62

Stock	Volume
S&P 500 / Aug 11	7,728.20
India Sensex / Aug 11	78,154.25
Nasdaq / Aug 11	26,445.45
FTSE 100 / Aug 11	10,844.19
Dow Jones / Aug 11	53,791.85
Germany DAX 30 / Aug 11	26,391.42
France CAC40 / Aug 11	8,714.94
Tokyo Nikkei / Aug 12	66,996.61
Hang Seng / Aug 12	25,361.63

Item	Value
Crude Oil USD/Barrel / Aug 11	83.45
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 11	394,149
Gold Spot USD/Ounce / Aug 11	4,370.32
Cotton US¢/pound / Aug 11	84.39
Petrol/Litre / Aug 12	325.92
Diesel/Litre / Aug 12	382.25

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	9.71 ▲ 0.95 (10.84%)
Azgard Nine (Non-Voti) / Aug 11 Azgard Nine (Non-Voti)(ANLNV)	8.80 ▲ 0.82 (10.28%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	12.95 ▲ 1.18 (10.03%)
Tri-Star Power / Aug 11 Tri-Star Power Limited(TSPL)	18.34 ▲ 1.67 (10.02%)
Ashfaq Textile / Aug 11 Ashfaq Textile Mills Limited(ASHT)	40.76 ▲ 3.71 (10.01%)
Ruby Textile / Aug 11 Ruby Textile Mills Limited(RUBY)	23.19 ▲ 2.11 (10.01%)
Asim Textile / Aug 11 Asim Textile Mills Limited(ASTM)	74.79 ▲ 6.8 (10%)
Buxly Paints / Aug 11 Buxly Paints Limited(BUXL)	277.72 ▲ 25.25 (10%)
IGI Life Ins / Aug 11 IGI Life Insurance Limited(IGIL)	21.89 ▲ 1.99 (10%)
Tata Textile / Aug 11 Tata Textile Mills Limited(TATM)	172.39 ▲ 15.67 (10%)

Stock	Price
Dawood Equities / Aug 11 Dawood Equities Limited(DEL)	23.64 ▼ -2.59 (-9.87%)
Fateh Ind. / Aug 11 Fateh Industries Limited(FIL)	286.78 ▼ -31.21 (-9.81%)
TPL Insurance / Aug 11 TPL Insurance Limited(TPLI)	62.84 ▼ -6.34 (-9.16%)
Jubilee Spinning / Aug 11 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	54.39 ▼ -4.42 (-7.52%)
East West Ins. / Aug 11 East West Insurance Company Limited(EWIC)	62.23 ▼ -4.99 (-7.42%)
Engro Powergen / Aug 11 Engro Powergen Qadirpur Limited(EPQL)	24.99 ▼ -1.7 (-6.37%)
F.Credit & Inv / Aug 11 First Credit and Investment Bank Limited(FCIBL)	32.11 ▼ -2.12 (-6.19%)
Kohinoor Mills / Aug 11 Kohinoor Mills Limited(KML)	10.68 ▼ -0.64 (-5.65%)
Trust Mod. / Aug 11 Trust Modaraba(TRSM)	18.94 ▼ -1.02 (-5.11%)
Bawany Air Products / Aug 11 Bawany Air Products Limited(BAPL)	30.43 ▼ -1.6 (-5%)

Stock	Volume
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	133,907,407 ▼ -0.29
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	61,848,727 ▲ 0
Hascol Petrol / Aug 11 Hascol Petroleum Limited(HASCOL)	45,032,184 ▲ 1.06
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	40,090,062 ▲ 0.01
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	31,666,040 ▲ 0.91
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	28,282,358 ▲ 0
Beco Steel Ltd / Aug 11 Beco Steel Limited(BECO)	24,832,349 ▲ 0.27
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	24,355,243 ▲ 0.95
B.O.Punjab / Aug 11 The Bank of Punjab(BOP)	22,518,009 ▼ -1.17
Pervez Ahmed Consultancy / Aug 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,091,236 ▲ 0.19

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