News Archives for Business & Finance - 2025-05-18

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Business & Finance - 2025-05-18

Commodities

China’s April aluminium imports fall 3.8% y/y, customs data show

SHANGHAI: China’s imports of unwrought aluminium and aluminium products in April fell 3.8% year-on-year to 370,000...

Published 18 May, 2025 03:39pm

Energy

China’s aviation fuel exports rise to 13-month high in April

BEIJING: China’s exports of aviation fuel rose to a 13-month high of 1.89 million metric tons in April, customs data...

Published 18 May, 2025 03:31pm

Business & Finance

ECB’s Wunsch says central bank may need to cut rates below 2%, FT reports

The European Central Bank may need to cut interest rates to “slightly below” 2% as global trade tensions pose...

Published 18 May, 2025 10:10am

Business & Finance

Moody’s downgrade intensifies investor worry about US fiscal path

NEW YORK: A US sovereign downgrade by Moody’s has exacerbated investor worries about a looming debt time-bomb that...

Published 18 May, 2025 10:07am

Pakistan

‘Design District’ launches its flagship store in Karachi

KARACHI: Design District officially launched its flagship brand store in Karachi on Saturday, introducing a premium...

Updated 19 May, 2025 04:33pm

Pakistan

‘Microfinance empowering women, uplifting communities’

LAHORE: In a country where economic inclusion often falters at the margins, microfinance has emerged as a quiet...

Updated 18 May, 2025 08:00am

Business & Finance

Punjab CM extends Rs23.91bn business loans in three months

LAHORE: “For the first time in Punjab, loans worth Rs 23.91 billion have been issued to start a record number of...

Published 18 May, 2025 05:42am

Business & Finance

T O Act: Tanveer greets trade bodies for securing amendments

LAHORE: S M Tanveer, Patron-in-Chief, United Business Group (UBG), has extended his heartfelt congratulations to all...

Published 18 May, 2025 05:42am

Commodities

Prices of essential kitchen items show declining trend

ISLAMABAD: The prices of essential kitchen items have witnessed a declining trend during this week past against the...

Updated 18 May, 2025 08:08am

Commodities

Gold prices recover sharply

KARACHI: Gold made a significant recovery on Saturday as global market soared just over $3, 200 per ounce, traders...

Published 18 May, 2025 05:42am

Energy

US natural gas prices ease

NEW YORK: US natural gas futures eased about 1% to a two-week low on Friday on a smaller decline in output than...

Published 18 May, 2025 05:42am

Energy

Oil posts weekly gain but remains under supply hike pressure

HOUSTON: Oil settled higher on Friday, notching a second straight week of gains on easing US-China trade tensions,...

Published 18 May, 2025 05:42am

Energy

Turkey discovers new natural gas reserve in Black Sea

ISTANBUL: Turkey has discovered a new natural gas reserve in the Black Sea that will meet its residential energy...

Published 18 May, 2025 05:42am

Business & Finance

Moody’s cuts America’s pristine credit rating, citing rising debt

NEW YORK: Moody’s downgraded the US sovereign credit rating on Friday due to concerns about the nation’s ...

Published 18 May, 2025 05:42am

Industry

HCSTSI, RDF organize two-day ‘Bachat Bazaar’

HYDERABAD: Under the directive of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) President,...

Published 18 May, 2025 05:42am

Business & Finance

Economic independence must for a stronger defence: Mian Zahid

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 18 May, 2025 05:42am

Business & Finance

Failures in POS integration system: Chainstore Association concerned at deteriorating environment for tax-compliant retailers

LAHORE: The Chainstore Association of Pakistan, representing the country’s organized retail sector, on Saturday,...

Published 18 May, 2025 05:42am

Business & Finance

FPCCI opposes Tax Laws (Amendment) Ordinance

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly rejected the newly...

Published 18 May, 2025 05:42am

Industry

Golden jubilee celebrations of FCCI

FAISALABAD: After the success of the Bunyan-un-Marsoos, a new industrial policy will be announced very soon to...

Published 18 May, 2025 05:42am

Industry

LCCI hails withdrawing amendments to Trade Organizations Act 2025

LAHORE: The Lahore Chamber of Commerce and Industry has appreciated the Government for accepting its demand and...

Updated 18 May, 2025 08:00am

Previous Day

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	278.60
USD PKR Interbank Buying / Jun 8	278.40
USD to Japanese Yen / Jun 8	160.18
USD to Swiss Franc / Jun 8	0.80
Pound Sterling to USD / Jun 8	1.33
Euro to USD / Jun 8	1.15
SOFR % / Jun 8	3.62

Stock	Volume
S&P 500 / Jun 8	7,405.73
India Sensex / Jun 8	73,524.26
Tokyo Nikkei / Jun 8	64,024.60
Nasdaq / Jun 8	25,929.66
Hang Seng / Jun 8	24,657.06
FTSE 100 / Jun 8	10,373.20
Dow Jones / Jun 8	50,786.01
Germany DAX 30 / Jun 8	24,616.22
France CAC40 / Jun 8	8,199.29

Item	Value
Crude Oil USD/Barrel / Jun 8	91.34
Gold 10 Grams PKR / Jun 8	386,987
Gold Spot USD/Ounce / Jun 8	4,326.41
Cotton US¢/pound / Jun 8	77.61
Petrol/Litre / Jun 9	377.78
Diesel/Litre / Jun 9	380.78

Gainers
Losers
Leaders

Stock	Price
Gulistan Sp. / Jun 9 Gulistan Spinning Mills Limited(GUSM)	10.02 ▲ 1 (11.09%)
S.G.Power / Jun 9 S.G. Power Limited(SGPL)	55.30 ▲ 5.03 (10.01%)
Leather Up Ltd. / Jun 9 Leather Up Limited(LEUL)	38.73 ▲ 3.52 (10%)
LSE Financial Serv. / Jun 9 LSE Financial Services Limited(LSEFSL)	24.54 ▲ 2.23 (10%)
Arpak Int. / Jun 9 Arpak International Investments Ltd.(ARPAK)	129.17 ▲ 11.74 (10%)
Zuma Resources / Jun 9 Zuma Resources Limited(ZUMA)	96.65 ▲ 8.78 (9.99%)
Khalid Siraj / Jun 9 Khalid Siraj Textile Mills Limited(KSTM)	13.19 ▲ 1.17 (9.73%)
Pak. P.V.C. / Jun 9 Pakistan PVC Limited(PPVC)	21.10 ▲ 1.57 (8.04%)
Oilboy Energy / Jun 9 Oilboy Energy Limited(OBOY)	18.15 ▲ 1.33 (7.91%)
First Tri-Star Mod. / Jun 9 First Tri-Star Modaraba(FTSM)	22.65 ▲ 1.66 (7.91%)

Stock	Price
Din Tex. / Jun 9 Din Textile Mills Limited(DINT)	52.11 ▼ -4.15 (-7.38%)
Ruby Textile / Jun 9 Ruby Textile Mills Limited(RUBY)	17.15 ▼ -1.34 (-7.25%)
Fateh Ind. / Jun 9 Fateh Industries Limited(FIL)	154.70 ▼ -11.26 (-6.78%)
The Thal Ind.Corp. / Jun 9 The Thal Industries Corporation Limited(TICL)	889.98 ▼ -44.83 (-4.8%)
Maqbool Textile / Jun 9 Maqbool Textile Mills Limited(MQTM)	21.20 ▼ -0.8 (-3.64%)
Universal Ins. / Jun 9 The Universal Insurance Company Limited(UVIC)	25.02 ▼ -0.83 (-3.21%)
Burshane LPG / Jun 9 Burshane LPG (Pakistan) Limited(BPL)	50.11 ▼ -1.58 (-3.06%)
Frontier Ceramics / Jun 9 Frontier Ceramics Limited(FRCL)	73 ▼ -2 (-2.67%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	37 ▼ -0.85 (-2.25%)
B. F. Modaraba / Jun 9 B.F. Modaraba(BFMOD)	22.51 ▼ -0.47 (-2.05%)

Stock	Volume
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	8,343,174 ▲ 0.57
Oilboy Energy / Jun 9 Oilboy Energy Limited(OBOY)	3,836,079 ▲ 1.33
TPL Corp Ltd / Jun 9 TPL Corp Limited(TPL)	3,436,619 ▲ 0.34
Thatta Cement / Jun 9 Thatta Cement Company Limited(THCCL)	1,487,624 ▲ 2.16
K-Electric Ltd. / Jun 9 K-Electric Limited(KEL)	1,441,789 ▲ 0.13
B.O.Punjab / Jun 9 The Bank of Punjab(BOP)	1,382,443 ▲ 0.51
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	1,344,325 ▲ 0.26
S.G.Power / Jun 9 S.G. Power Limited(SGPL)	1,268,994 ▲ 5.03
Maple Leaf Cement / Jun 9 Maple Leaf Cement Factory Limited(MLCF)	1,246,780 ▲ 1.61
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	965,066 ▲ 0.01

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