News Archives for Business & Finance - 2025-05-31

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Business & Finance - 2025-05-31

Markets

Sindh govt says will launch new mega projects in upcoming budget

Sindh Chief Minister Syed Murad Ali Shah convened cabinet meeting with ministers, advisors, Chief Secretary Asif...

Published 31 May, 2025 06:50pm

Commodities

Gold price per tola falls Rs1,400 in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their decline in the international market. In the local...

Published 31 May, 2025 06:08pm

USA

US FDA approves Moderna’s next-generation COVID vaccine for adults 65 or older

The U.S. Food and Drug Administration has approved Moderna’s next-generation COVID-19 vaccine for everyone aged 65...

Published 31 May, 2025 03:49pm

Industry

Master Group partners with China’s No.1 global automobile export brand, Chery

Master Group of Industries, one of Pakistan’s most respected and diversified business conglomerates, has officially...

Published 31 May, 2025 03:48pm

Energy

OPEC+ agrees further accelerated oil output hike for July

LONDON/MOSCOW: OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May...

Updated 31 May, 2025 06:42pm

Companies

China urges halt to auto industry’s bruising price wars

SHANGHAI: China called on Saturday for its automotive industry to halt brutal price wars, as a threat to the...

Published 31 May, 2025 01:45pm

Commodities

Trump says will double steel, aluminum tariffs to 50%

WEST MIFFLIN: US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50...

Published 31 May, 2025 10:37am

Markets

Trump says Pakistani representatives coming to US next week for trade talks

Pakistan faces a potential 29% tariff on its exports to the US

Updated 31 May, 2025 06:27pm

Industry

SAPM announces formation of APCTMA, EDB committee

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, held a...

Published 31 May, 2025 09:02am

Money & Banking

Dollar mixed on tariff uncertainty

NEW YORK: The dollar was mixed on Friday but on track for a monthly gain against the Japanese yen as investors...

Published 31 May, 2025 06:43am

Taxes

Ride-hailing sector calls for fair taxation

KARACHI: Ride-hailing sector in Pakistan has called for fair and progressive taxation framework in the coming fiscal budget. ...

Updated 31 May, 2025 07:27am

Industry

Oil sector in Pakistan: Minister outlines key investment opportunities

KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik outlined key investment opportunities in upstream...

Updated 31 May, 2025 10:33am

Energy

PM urged to expedite Rs23bn power bill relief

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has appealed the Prime...

Updated 31 May, 2025 07:30am

World

Trump signals fresh trade tensions with China

WASHINGTON: US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had...

Published 31 May, 2025 05:56am

Business & Finance

Pakistan Crypto Council’s meeting on Monday

ISLAMABAD: The Pakistan Crypto Council will convene a high-level meeting on Monday, 2nd June 2025, to be chaired by...

Published 31 May, 2025 05:56am

Business & Finance

Reciprocal tariff talks with US formally launched

KARACHI: In a major move on the economic front, Pakistan on Friday formally initiated negotiations with US...

Published 31 May, 2025 05:56am

Business & Finance

Finance Bill 2025–26: CAP urges govt to overhaul retail tax structure

LAHORE: Pakistan’s organized retail sector on Friday urged the government to overhaul the current retail taxation...

Published 31 May, 2025 05:56am

Business & Finance

‘Port investment key to maritime growth, blue economy in Pakistan’

KARACHI: The modernisation of Pakistan’s maritime industry and the expansion of its blue economy depend heavily on...

Updated 31 May, 2025 10:41am

Technology

Cross-border logistics technology solutions: Pakistan grants official customs licence to Falcon-i

KARACHI: Falcon-i, Pakistan’s leading Internet of Things (IoT) fleet management company has been granted an official...

Updated 31 May, 2025 10:40am

Energy

Ministry seeks ECC nod for new OMCs, dealers’ digitisation

KARACHI: The Petroleum ministry is set to send a summary to the Economic Coordination Committee (ECC), in near...

Published 31 May, 2025 05:56am

Industry

Cigarette industry demands effective TTS enforcement

KARACHI: Cigarette industry has urged the federal government for the special measures in the budget for effective...

Published 31 May, 2025 05:56am

Business & Finance

SECP issues concept paper on algorithmic trading

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed a framework that seeks to foster...

Published 31 May, 2025 05:56am

Industry

Uzbek investors want to boost trade, economic ties

LAHORE: Uzbek businessmen and investors are keen to strengthen mutual trade and economic ties. These views were...

Published 31 May, 2025 05:56am

Industry

PAAPAM concerned at proposed National Tariff Policy 2025-30

LAHORE: The Pakistan Association of Auto Parts Manufacturers (PAAPAM) convened an extraordinary general meeting to...

Published 31 May, 2025 05:56am

Money & Banking

Asian currencies: S Korean won, Taiwan dollar up

BENGALURU: Asian stock markets fell on Friday after a US federal court kept President Donald Trump’s tariffs in...

Updated 31 May, 2025 06:44am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.61
USD PKR Interbank Buying / Jun 5	278.41
USD to Japanese Yen / Jun 5	160.29
USD to Swiss Franc / Jun 5	0.80
Pound Sterling to USD / Jun 5	1.33
Euro to USD / Jun 5	1.15
SOFR % / Jun 7	3.63

Stock	Volume
S&P 500 / Jun 5	7,383.74
Tokyo Nikkei / Jun 5	66,588.12
Nasdaq / Jun 5	25,709.43
Hang Seng / Jun 5	24,961.95
FTSE 100 / Jun 5	10,368.05
Dow Jones / Jun 5	50,866.78
Germany DAX 30 / Jun 5	24,759.05
France CAC40 / Jun 5	8,218.24
India Sensex / Jun 8	73,529.06

Item	Value
Crude Oil USD/Barrel / Jun 5	90.54
Gold 10 Grams PKR / Jun 5	401,012
Gold Spot USD/Ounce / Jun 5	4,328.45
Cotton US¢/pound / Jun 5	77.48
Petrol/Litre / Jun 8	377.78
Diesel/Litre / Jun 8	380.78

Gainers
Losers
Leaders

Stock	Price
Gulistan Sp. / Jun 8 Gulistan Spinning Mills Limited(GUSM)	9.03 ▲ 1 (12.45%)
S.G.Power / Jun 8 S.G. Power Limited(SGPL)	50.27 ▲ 4.57 (10%)
Zahid Jee Textile / Jun 8 Zahidjee Textile Mills Limited(ZAHID)	66.88 ▲ 6.08 (10%)
Zuma Resources / Jun 8 Zuma Resources Limited(ZUMA)	87.87 ▲ 7.99 (10%)
Khalid Siraj / Jun 8 Khalid Siraj Textile Mills Limited(KSTM)	12.02 ▲ 1.09 (9.97%)
Kohat Textile / Jun 8 Kohat Textile Mills Limited(KOHTM)	109.42 ▲ 9.62 (9.64%)
First Dawood Prop. / Jun 8 First Dawood Properties Limited(FDPL)	5.49 ▲ 0.47 (9.36%)
East West Ins. / Jun 8 East West Insurance Company Limited(EWIC)	57 ▲ 4.7 (8.99%)
JS Global Cap. / Jun 8 JS Global Capital Limited(JSGCL)	168.85 ▲ 13.85 (8.94%)
Ruby Textile / Jun 8 Ruby Textile Mills Limited(RUBY)	22.35 ▲ 1.81 (8.81%)

Stock	Price
Dawood Lawrencepur / Jun 8 Dawood Lawrencepur Limited(DLL)	60.52 ▼ -564.31 (-90.31%)
Ideal Spinning / Jun 8 Ideal Spinning Mills Limited(IDSM)	77.24 ▼ -8.58 (-10%)
First Imrooz Mod. / Jun 8 First Imrooz Modaraba(FIMM)	195 ▼ -19.64 (-9.15%)
National Silk / Jun 8 The National Silk & Rayon Mills Limited(NSRM)	122.05 ▼ -11.45 (-8.58%)
Ahmad Hassan / Jun 8 Ahmad Hassan Textile Mills Limited(AHTM)	76 ▼ -7.02 (-8.46%)
Fateh Ind. / Jun 8 Fateh Industries Limited(FIL)	165 ▼ -15.06 (-8.36%)
Shahtaj Sugar / Jun 8 Shahtaj Sugar Mills Limited(SHJS)	157.10 ▼ -13.9 (-8.13%)
Grays Leasing / Jun 8 Grays Leasing Limited(GRYL)	23.10 ▼ -2.04 (-8.11%)
Javedan Corp.(Pref) / Jun 8 Javedan Corp.(Pref)(JVDCPS)	70 ▼ -5.67 (-7.49%)
Nagina Cot. / Jun 8 Nagina Cotton Mills Limited(NAGC)	65.75 ▼ -5.1 (-7.2%)

Stock	Volume
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	20,591,903 ▲ 0.39
Waves Home Appliances / Jun 8 Waves Home Appliances Limited(WAVESAPP)	18,169,644 ▲ 0.19
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	17,486,449 ▲ 0.35
Pace (Pak) Ltd. / Jun 8 Pace (Pakistan) Limited(PACE)	17,437,053 ▲ 0.19
D.S. Ind. Ltd. / Jun 8 D.S. Industries Limited(DSIL)	15,207,275 ▲ 0.97
Pak Qatar Gen.Takaful / Jun 8 Pak Qatar General Takaful Limited(PQGTL)	14,695,705 ▲ 1.1
Pak Qatar Family / Jun 8 Pak Qatar Family Takaful Limited(PAKQATAR)	13,344,201 ▼ -0.47
Beco Steel Ltd / Jun 8 Beco Steel Limited(BECO)	11,983,118 ▼ -0.25
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	10,917,700 ▼ -0.01
Oilboy Energy / Jun 8 Oilboy Energy Limited(OBOY)	8,596,534 ▲ 0.98

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