News Archives for Business & Finance - 2025-04-02

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Business & Finance - 2025-04-02

Stocks

TSX flat as markets await Trump tariff reveal

Canada’s main stock index was flat on Wednesday in choppy trading ahead of U.S. President Donald Trump’s reciprocal...

Published 02 Apr, 2025 08:19pm

Stocks

Wall Street falls as tariff jitters grip markets

Wall Street’s main indexes fell on Wednesday as investors worried about the potential impact of U.S. President...

Published 02 Apr, 2025 07:36pm

Money & Banking

Russian central bank warns US tariff hikes may slow global growth

MOSCOW: U.S. tariff hikes may slow down world economic growth and fuel inflation, and oil prices could be lower than...

Published 02 Apr, 2025 07:11pm

Commodities

Chicago soybean, wheat, corn retreat on tariff uncertainty

PARIS/BEIJING: Chicago grain futures declined on Wednesday, with soybeans retreating from a one-month high hit in...

Published 02 Apr, 2025 06:33pm

Currency

South Africa’s rand falls further after DA says budget talks break down

JOHANNESBURG: The South African rand extended losses on Wednesday after the Democratic Alliance (DA) party said...

Published 02 Apr, 2025 06:30pm

Forex

Russian rouble weakens slightly amid geopolitical uncertainty

MOSCOW: The Russian rouble weakened slightly against the U.S. dollar on Wednesday as the market awaited further...

Published 02 Apr, 2025 06:29pm

Stocks

Abu Dhabi bourse falls ahead of Trump tariff plan, Dubai gains

Abu Dhabi bourse ended lower on Wednesday after the Eid holiday, taking its cue from the global equity markets, as...

Published 02 Apr, 2025 06:25pm

Commodities

Arabica coffee prices fall while cocoa climbs

LONDON: Arabica coffee futures fell on Wednesday, erasing some of the previous session’s gains, while cocoa rose on...

Published 02 Apr, 2025 06:20pm

Technology

BlackBerry forecasts lower annual revenue due to weak demand for cybersecurity services

Canada’s BlackBerry forecast a revenue decline in fiscal 2026 on Wednesday, as it anticipated weak spending on its...

Published 02 Apr, 2025 06:14pm

Stocks

India’s equity benchmarks edge higher; investors brace for US tariffs

India’s heavyweight banking and information technology stocks pushed equity benchmarks higher on Wednesday, hours...

Published 02 Apr, 2025 05:56pm

Stocks

IT and materials lift Sri Lankan shares higher

CSE All-Share index settled 0.46% higher at 16,007.44 points

Published 02 Apr, 2025 05:54pm

Commodities

Copper edges up ahead of US tariffs while tin extends rally

LONDON: Copper prices drifted higher on Wednesday as investors waited for details of U.S. reciprocal tariffs, but...

Published 02 Apr, 2025 05:49pm

Commodities

Palm climbs on firmer Chicago soyoil, crude oil prices

KUALA LUMPUR: Malaysian palm oil futures settled higher on Wednesday for a fourth straight session, as firmer...

Published 02 Apr, 2025 05:47pm

Business & Finance

Dubai set to launch self-driving taxis by 2026

Dubai’s Roads and Transport Authority (RTA) has announced the launch of autonomous taxis in the Emirate of Dubai,...

Updated 03 Apr, 2025 02:57pm

Commodities

Ukraine April wheat exports seen at 1 million tons, producers union says

KYIV: Ukraine’s wheat exports are expected to remain high at 1 million metric tons in April, against 1.1 million...

Published 02 Apr, 2025 02:23pm

Business & Finance

Volvo Cars sales fall 10% in March as fully electric sales dive

STOCKHOLM: Volvo Cars sold 70,737 cars in March, down 10% from a year earlier as sales of fully electric cars...

Published 02 Apr, 2025 02:20pm

Forex

Kenyan shilling steady; importer demand matches dollar supply

Commercial banks quoted the shilling at 129.00/129.50 per dollar

Published 02 Apr, 2025 02:18pm

Stocks

European shares fall as investors on edge before US tariffs

European shares fell on Wednesday, weighed by losses in healthcare stocks, while investors were on edge ahead of...

Published 02 Apr, 2025 02:02pm

Forex

China’s yuan ends at 1-month low as markets brace for Trump’s tariff plan

SHANGHAI: China’s yuan ended the domestic session at a near one-month low against the dollar on Wednesday, as...

Published 02 Apr, 2025 01:55pm

USA

Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners

Details of Trump’s Liberation Day tariff plans still being formulated and closely held ahead of White House Rose Garden announcement ceremony scheduled for 4 pm Eastern Time

Updated 02 Apr, 2025 10:20pm

Forex

Australia, NZ dollars exposed to collateral damage from tariff fallout

SYDNEY: The Australian and New Zealand dollars were left adrift on Wednesday as investors awaited details on US...

Published 02 Apr, 2025 10:50am

Stocks

Japan’s Nikkei wobbles in countdown to fresh Trump tariffs

TOKYO: Japan’s Nikkei share average oscillated between gains and losses on Wednesday as traders nervously awaited US...

Published 02 Apr, 2025 10:44am

Stocks

Banks, real estate stocks buoy Australia shares

Australian shares rose on Wednesday as gains in heavyweight banks and real estate stocks offset declines in miners...

Published 02 Apr, 2025 10:42am

Stocks

India’s benchmarks inch higher at the open after Tuesday’s drop

India’s benchmark indexes inched higher at the open on Wednesday after logging their worst day in a month in the...

Published 02 Apr, 2025 10:37am

Forex

Indian rupee rally interrupted in run up to Trump’s tariffs

MUMBAI: A rally in the Indian rupee that has lifted the currency to a three-month high is likely to pause on...

Published 02 Apr, 2025 10:33am

Commodities

Dalian iron ore rises as resilient China demand outweighs US tariff woes

SINGAPORE: Iron ore futures strengthened on Wednesday, underpinned by resilient seasonal demand for the key...

Published 02 Apr, 2025 10:30am

Commodities

Palm futures opens higher on stronger rival oils

KUALA LUMPUR: Malaysian palm oil futures rose on Wednesday as trading resumed after a two-day public holiday,...

Published 02 Apr, 2025 10:27am

Commodities

Chicago soybeans retreat from one-month high on tariff uncertainty

BEIJING: Chicago soybean futures declined on Wednesday, retreating from a one-month high hit in the previous...

Published 02 Apr, 2025 10:13am

Bullion Rate

Gold climbs on safe-haven demand ahead of US reciprocal tariffs

Gold prices extended their gains on Wednesday, following a record high in the previous session, as investors sought...

Updated 02 Apr, 2025 04:37pm

Stocks

Stocks on tenterhooks as Trump’s tariff plans loom

SINGAPORE: Asian stocks stuttered on Wednesday, while the safe-haven gold was stuck near record highs as a nervous...

Published 02 Apr, 2025 10:08am

Forex

Dollar steady as zero hour on ‘Liberation Day’ closes in

SINGAPORE: The dollar firmed a touch and other currencies held tight ranges on Wednesday as traders anxiously...

Published 02 Apr, 2025 10:05am

Energy

Oil edges higher as market awaits fresh U.S. tariffs

NEW YORK: Oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be...

Updated 02 Apr, 2025 08:23pm

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
Tokyo Nikkei / Jun 12	66,020.04
Nasdaq / Jun 12	25,888.84
Hang Seng / Jun 12	24,718.10
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

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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