News Archives for Business & Finance - 2025-06-28

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Business & Finance - 2025-06-28

Companies

Stellantis to recall over 250,000 US vehicles due to improperly sealed air bag, NHTSA says

Chrysler parent Stellantis is recalling 250,651 vehicles in the U.S. due to an improperly sealed side curtain air...

Published 28 Jun, 2025 05:39pm

Companies

Emirates extends suspension of flights to and from Tehran until July 5

CAIRO: Emirates extended its cancellation of flights to and from Iran’s capital Tehran until July 5 due to the...

Published 28 Jun, 2025 04:40pm

Markets

Pakistan leads emerging markets in sovereign risk recovery, says Bloomberg Intelligence

Default probability down from 59% to 47%, an 11 percentage point improvement

Updated 28 Jun, 2025 07:29pm

Commodities

Gold price per tola falls Rs1,600 in Pakistan

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

Published 28 Jun, 2025 04:23pm

Companies

No price tag yet: govt denies $100mn valuation for Roosevelt Hotel

The Privatisation Commission of Pakistan on Saturday clarified that no base price has yet been determined for the...

Published 28 Jun, 2025 03:33pm

Industry

PNSC eyes $700mn freight earnings amid fleet expansion

Pakistan National Shipping Corporation (PNSC) is expected to generate an estimated $700 million in freight earnings...

Published 28 Jun, 2025 02:11pm

Stocks

KSE-100 beats US, India & Germany to emerge among top global performers in FY25

Pakistan Stock Exchange (PSX) emerged as one of the top-performing stock markets in the world during FY25, with the...

Updated 28 Jun, 2025 05:00pm

Stocks

Stocks emerge as best-performing asset class in Pakistan for FY25

KSE-100 Index deliver an impressive return of 55.6%, outpacing traditional assets such as gold, T-Bills.

Updated 28 Jun, 2025 05:01pm

Industry

Urea sector: Body decides to extend gas supply until Sept 30

ISLAMABAD: The committee constituted by Prime Minister Shehbaz Sharif to ensure stability of urea prices, under the...

Published 28 Jun, 2025 07:01am

Industry

HCSTSI team participates in ‘Financing Agreement Signing’ ceremony

HYDERABAD: A high-level delegation of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) participated...

Published 28 Jun, 2025 06:49am

Energy

Outages in some areas restored: Power supply remains stable: KE

KARACHI: The city witnessed its first monsoon spell, bringing gusty winds and scattered showers. Despite sporadic,...

Published 28 Jun, 2025 06:27am

Companies

Alibaba.com launches ‘CoCreate Pitch’

KARACHI: Alibaba.com, a leading B2B e-commerce platform, has announced the newly expanded pitch competition,...

Published 28 Jun, 2025 06:19am

Industry

SITE concerned at proposed minimum wages for workers

KARACHI: President of SITE Association of Industry Ahmed Azeem Alvi has expressed concern over announcement made by...

Published 28 Jun, 2025 06:13am

Industry

Women entrepreneurs meet TDAP chief

KARACHI: A delegation of women entrepreneurs from Federation of Pakistan Chamber of Commerce and Industry headed by...

Published 28 Jun, 2025 05:57am

Energy

Iranian oil imports to China hit record high in June

SINGAPORE: China’s Iranian oil imports surged in June as shipments accelerated before the recent conflict in the...

Published 28 Jun, 2025 05:50am

Business & Finance

PACRA’s shares trading to commence from Monday

LAHORE: The gong ceremony for marking the listing of Pakistan Credit Rating Agency (PACRA) will be held on the ...

Published 28 Jun, 2025 05:28am

Business & Finance

PDWP approves Rs31.2bn for 16 uplifts projects

LAHORE: The Provincial Development Working Party (PDWP) on Friday approved 16 major development schemes worth...

Published 28 Jun, 2025 05:28am

Industry

PITB holds training session on e-filing

LAHORE: The Punjab Information Technology Board (PITB) organised a training session on the e-Filing and Office...

Published 28 Jun, 2025 05:28am

Business & Finance

Only individuals restricted from cash withdrawals under Section 114C

LAHORE: Only individuals have been restricted from cash withdrawals, as of now, under Section 114-C, said tax...

Published 28 Jun, 2025 05:28am

Industry

SMEDA, PBS launch National SME Survey

LAHORE: In a landmark step towards data-driven policy making, the Small and Medium Enterprises Development Authority...

Published 28 Jun, 2025 05:28am

Industry

LCCI rejects 37AA, describes it as ‘black law’

LAHORE: The Lahore Chamber of Commerce and Industry, trade and industrial associations, at a press conference at...

Published 28 Jun, 2025 05:28am

Business & Finance

Murtaza Ali joins IAMTN Advisory Board

KARACHI: Murtaza Ali, President of JazzCash, Pakistan’s leading digital financial services platform, has been...

Published 28 Jun, 2025 05:28am

Budget 2025-26

Bright economic future: EPBD for shifting resources away from banking returns to productive investments

ISLAMABAD: The Economic Policy and Business Development (EPBD) think tank has emphasised that Pakistan’s economic...

Published 28 Jun, 2025 05:28am

Industry

Key aspects of sugar sector reviewed

ISLAMABAD: The high-level committee reviewed key aspects of the sugar sector, including domestic production, import...

Published 28 Jun, 2025 05:28am

Business & Finance

Overlaps, outdated practices: SAPM for reviewing regulatory frameworks of SBP, SECP and FBR

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

Published 28 Jun, 2025 05:28am

Industry

KICT assures to ease container backlog amid industry protest

KARACHI: Amid rising complaints over growing delays in container examinations at the Karachi International Container...

Updated 28 Jun, 2025 07:42am

Industry

KCCI urges govt, ECC to withdraw gas tariff hike proposal

KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI),...

Published 28 Jun, 2025 05:28am

Money & Banking

Asian currencies: Taiwan dollar hits 3-year high

BENGALURU: The Taiwan dollar jumped to a more than three-year high on Friday on a weaker greenback, while other...

Published 28 Jun, 2025 05:28am

Money & Banking

Dollar lower against euro

NEW YORK: The dollar hit a fresh three-and-a-half-year low against the euro on Friday as traders bet that the ...

Published 28 Jun, 2025 05:28am

Money & Banking

Bank holiday

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on 1st July, 2025 (Tuesday), which...

Published 28 Jun, 2025 05:28am

Stocks

Shares rally on China-US trade optimism

NEW YORK/PARIS: Global shares reached a record high on Friday, helped by market optimism over signs of progress in...

Published 28 Jun, 2025 05:28am

Business & Finance

US CG visits Pakistan-based US company in Hub

KARACHI: The US Consul General in Karachi Scott Urbom recently visited the Pakistan based American company,...

Updated 28 Jun, 2025 06:03am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 4	278.62
USD PKR Interbank Buying / Jun 4	278.42
USD to Japanese Yen / Jun 5	159.94
USD to Swiss Franc / Jun 5	0.79
Pound Sterling to USD / Jun 5	1.34
Euro to USD / Jun 5	1.16
SOFR % / Jun 4	3.63

Stock	Volume
S&P 500 / Jun 4	7,584.31
Nasdaq / Jun 4	26,830.96
FTSE 100 / Jun 4	10,332.30
Dow Jones / Jun 4	51,561.93
Germany DAX 30 / Jun 4	24,944.95
France CAC40 / Jun 4	8,244.29
India Sensex / Jun 5	74,364.43
Tokyo Nikkei / Jun 5	66,812.85
Hang Seng / Jun 5	24,982.27

Item	Value
Gold 10 Grams PKR / Jun 4	402,335
Gold Spot USD/Ounce / Jun 4	4,470.19
Petrol/Litre / Jun 5	381.78
Crude Oil USD/Barrel / Jun 5	93.10
Diesel/Litre / Jun 5	380.78
Cotton US¢/pound / Jun 5	77.59

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
D.S. Ind. Ltd. / Jun 5 D.S. Industries Limited(DSIL)	11.19 ▲ 1.02 (10.03%)
Askari Life Assur. / Jun 5 Askari Life Assurance Company Limited(ALAC)	23.28 ▲ 2.12 (10.02%)
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	10.98 ▲ 1 (10.02%)
Zephyr Textile / Jun 5 Zephyr Textiles Limited(ZTL)	17.57 ▲ 1.6 (10.02%)
Grays Leasing / Jun 5 Grays Leasing Limited(GRYL)	25.14 ▲ 2.29 (10.02%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	20.54 ▲ 1.87 (10.02%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.51 ▼ -4.48 (-9.96%)
Fateh Ind. / Jun 5 Fateh Industries Limited(FIL)	166.02 ▼ -14.04 (-7.8%)
First AL-Noor Mod. / Jun 5 First Al-Noor Modaraba(FANM)	6.20 ▼ -0.51 (-7.6%)
IbrahimFibres / Jun 5 Ibrahim Fibres Limited(IBFL)	215.50 ▼ -17.5 (-7.51%)
ARM Green Industries / Jun 5 ARM Green Industries Limited(ARMG)	49.70 ▼ -3.63 (-6.81%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	69.20 ▼ -5 (-6.74%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38 ▼ -2.65 (-6.52%)
Suhail Jute / Jun 5 Suhail Jute Mills Limited(SUHJ)	89.01 ▼ -5.99 (-6.31%)
Universal Ins. / Jun 5 The Universal Insurance Company Limited(UVIC)	22.30 ▼ -1.32 (-5.59%)
Dewan Textile / Jun 5 Dewan Textile Mills Limited(DWTM)	9.57 ▼ -0.56 (-5.53%)

Stock	Volume
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	38,524,449 ▲ 0.5
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	35,834,212 ▲ 0.6
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	20,844,188 ▲ 0.72
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	20,238,375 ▼ -0.14
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	19,792,496 ▲ 0.1
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	18,867,216 ▲ 0.14
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	16,674,074 ▲ 1
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	14,315,555 ▲ 0.01
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	13,049,311 ▼ -0.19
TRG Pak Ltd / Jun 5 TRG Pakistan Limited(TRG)	12,210,504 ▲ 0.15

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