News Archives for Business & Finance - 2025-04-01

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Business & Finance - 2025-04-01

Energy

OPEC+ members to meet Thursday, likely to stick to planned output hikes: sources

DUBAI/LONDON/MOSCOW: OPEC+ ministers from eight nations that are gradually raising oil output will meet online on...

Published 01 Apr, 2025 08:39pm

Stocks

Wall Street falls as tariff fears mount

U.S. stock indexes dropped on Tuesday, as investors sifted through economic data and braced for sweeping tariff...

Published 01 Apr, 2025 07:42pm

Asia

China willing to import more Indian products, envoy says

NEW DELHI: China is ready to import more Indian products and strengthen trade cooperation, Beijing’s ambassador to...

Published 01 Apr, 2025 05:09pm

Commodities

Chicago grains edge up as traders focus on planting and tariffs

PARIS/BEIJING: Chicago wheat, corn and soybean futures rose on Tuesday as traders digested U.S. crop data that...

Published 01 Apr, 2025 05:03pm

Commodities

Gold’s record run persists as US tariff worries bolster safe-haven demand

Gold prices extended their record run on Tuesday, hitting a record high buoyed by safe-haven demand as investors...

Published 01 Apr, 2025 05:01pm

Companies

UBS completes merger of Credit Suisse service units in India

UBS Group said on Monday it has completed the merger of Credit Suisse Service Company entities with UBS Business...

Published 01 Apr, 2025 02:37pm

Commodities

Japan rubber futures decline as fresh Trump tariffs loom

SINGAPORE: Japanese rubber futures fell for a fourth consecutive session on Tuesday, pressured by trade war concerns...

Published 01 Apr, 2025 02:34pm

Energy

Brent oil price to fall to $65-$75 per barrel in 2025, CNPC affiliate says

SINGAPORE/BEIJING: Brent oil price will fall to a range of $65-$75 per barrel this year, down from the 2024 average...

Published 01 Apr, 2025 02:31pm

Currency

South African rand slips as budget negotiations drag on

JOHANNESBURG: The South African rand weakened early on Tuesday as negotiations between coalition partners over the...

Published 01 Apr, 2025 02:01pm

Currency

Kenyan shilling firms versus dollar, LSEG data shows

NAIROBI: Kenya’s shilling gained ground against the dollar on Tuesday, data from the London Stock Exchange Group...

Published 01 Apr, 2025 01:56pm

Stocks

Asian stocks bounce back from tariff woes-led drop, currencies dip

Equities in Thailand, Taiwan and South Korea rose on Tuesday, bouncing back from multi-month lows hit in the...

Published 01 Apr, 2025 01:55pm

Stocks

European shares cautiously recover ahead of US tariff deadline

European shares rebounded on Tuesday after touching a two-month low in the previous session, although the sentiment...

Published 01 Apr, 2025 01:48pm

Commodities

Dalian iron ore at near one-month high on rising China demand

SINGAPORE: Iron ore futures prices rebounded on Tuesday, as growing demand for the steelmaking ingredient in top...

Updated 01 Apr, 2025 02:28pm

Forex

China’s yuan weakens against US dollar ahead of tariff plans

HONG KONG: China’s yuan weakened against the U.S. dollar on Tuesday as markets await more details on President...

Published 01 Apr, 2025 10:57am

Financial

Japanese bond market pauses before expected tariff salvo

SINGAPORE: Japanese government bonds took a breather on Tuesday following their sharpest jump in eight months, as...

Published 01 Apr, 2025 10:55am

Forex

Australian dollar holds steady as RBA takes a less hawkish tone

SYDNEY: The Australian dollar held steady on Tuesday after the country’s central bank kept rates on hold as...

Published 01 Apr, 2025 10:52am

Commodities

London copper rises as positive China data outweighs tariff woes

SHANGHAI: Copper prices in London rose on Tuesday, as positive Chinese economic data outweighed concerns about a...

Published 01 Apr, 2025 10:49am

Money & Banking

Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks

SYDNEY: Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still...

Published 01 Apr, 2025 10:45am

Companies

Shell completes Singapore refinery sale to Chandra Asri-Glencore JV

SINGAPORE: Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore...

Published 01 Apr, 2025 10:20am

Stocks

South Korean shares clock best rally in two weeks as impeachment ruling date lowers political risk

KOSPI closed up 40.27 points, or 1.62%, at 2,521.39

Updated 01 Apr, 2025 01:59pm

Stocks

Nikkei pinned to 8-month low as US tariffs loom

TOKYO: Japan’s Nikkei struggled for headway on Tuesday and was pinned near an eight-month low as traders braced for...

Updated 01 Apr, 2025 01:50pm

Stocks

Australian shares bounce back; RBA holds rates steady

Australian shares bounced back on Tuesday after a sharp sell-off in the previous session as upbeat China demand and...

Updated 01 Apr, 2025 01:52pm

Stocks

Indian equity benchmarks dip on US tariff worries

India’s benchmark indexes inched lower on Tuesday, dragged by information technology stocks, as caution prevailed...

Published 01 Apr, 2025 10:07am

Energy

Oil steadies near $75 as market weighs tariffs, sanctions

Brent futures were up 3 cents, or 0.04%, at $74.80 a barrel at 1352 GMT

Updated 02 Apr, 2025 09:03am

Forex

Dollar soft ahead of Trump’s reciprocal tariffs; RBA stands pat on rates

SINGAPORE: The dollar was soft on Tuesday after a bruising quarter as investors braced for reciprocal tariffs from...

Published 01 Apr, 2025 10:02am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 12	160.24
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
India Sensex / Jun 12	75,527.95
Nasdaq / Jun 12	25,888.84
FTSE 100 / Jun 12	10,471.72
Dow Jones / Jun 12	51,202.26
Germany DAX 30 / Jun 12	24,635.30
France CAC40 / Jun 12	8,350.87
Tokyo Nikkei / Jun 15	69,593.64
Hang Seng / Jun 15	24,816.13

Item	Value
Crude Oil USD/Barrel / Jun 12	84.88
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Gold Spot USD/Ounce / Jun 12	4,219.33
Cotton US¢/pound / Jun 12	76.42
Petrol/Litre / Jun 15	373.78
Diesel/Litre / Jun 15	378.78

Gainers
Losers
Leaders

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31

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