News Archives for Business & Finance - 2025-07-07

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Business & Finance - 2025-07-07

Business & Economy

ADB finances $500mn for women’s financial inclusion, economic empowerment in Pakistan

The State Bank of Pakistan (SBP) officially joined the global initiative of Women Entrepreneurs Finance Code (WE...

Published 07 Jul, 2025 08:24pm

Business & Finance

Govt notifies 7% hike in federal pensions from July 1

ISLAMABAD: Finance Division notified the 7% increase with effect from 1 July, 2025 to all Civil Pensioners of the...

Published 07 Jul, 2025 06:37pm

Business & Finance

FY2024-25: CCP ramps up enforcement against cartels, deceptive marketing

The Competition Commission of Pakistan (CCP) undertook robust enforcement measures in FY 2024–25, targeting...

Published 07 Jul, 2025 06:19pm

Taxes

FBR introduces Pakistan’s first AI-powered customs clearance system

Initiative aims at enhancing transparency, reducing human intervention, and facilitating trade

Updated 07 Jul, 2025 07:35pm

Mutual Funds

Euro zone bond yields tick higher as focus shifts to US tariff deadline

LONDON: Euro zone bond yields rose on Monday as markets remained focused on developments around US tariffs, with...

Published 07 Jul, 2025 03:36pm

Technology

Apple appeals 500mn-euro EU fine

BRUSSELS: Apple filed an appeal on Monday against 500-million-euro fine imposed by the EU and accused Brussels of...

Published 07 Jul, 2025 03:33pm

Business & Finance

Oil & gas production soars at OGDCL’s Rajian oilfield in Punjab

In a move towards enhancing oil and gas production, Oil and Gas Development Company Limited (OGDCL), one of...

Updated 07 Jul, 2025 10:30pm

Taxes

Finance Division notifies austerity measures for FY26

ISLAMABAD: In a belt-tightening move, the Finance Division on Monday notified a continuation of stringent austerity...

Updated 07 Jul, 2025 10:29pm

Stocks

European shares subdued as investors brace for Trump’s tariff deadline

European shares were subdued on Monday, with investors on the lookout for any trade-related headlines in the...

Published 07 Jul, 2025 02:34pm

Business & Finance

Boom-bust cycle: SBP advises not to repeat past mistakes of accelerating demand, rapid economic growth

Pakistan will not “repeat past mistakes such as accelerating demand and economic growth too rapidly”, State Bank of...

Updated 07 Jul, 2025 09:59pm

Business & Finance

PTA Global Holding replaces AsiaPak, Montage as acquirer of Lotte Chemical Pakistan

PTA Global Holding Limited, a UAE-based company, has replaced AsiaPak Investments Limited and Montage Oil DMCC as...

Published 07 Jul, 2025 01:15pm

Companies

Public offer launched to buy 7.64% stake in Pakistan General Insurance

Muhammad Shahzad Habib, along with his family and associates, has formally launched a public offer to acquire a...

Published 07 Jul, 2025 12:41pm

Markets

Pakistan looks beyond traditional markets as TDAP approves export expansion plan

The Trade Development Authority of Pakistan (TDAP) on Monday approved a series of strategic initiatives aimed at...

Published 07 Jul, 2025 12:19pm

Commodities

Palm drops for a second session on weak rivals, crude oil

JAKARTA: Malaysian palm oil futures fell for a second straight session on Monday dragged by weaker rival edible oils...

Published 07 Jul, 2025 12:16pm

Technology

Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales

SEOUL: Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday,...

Published 07 Jul, 2025 12:15pm

Forex

Turkiye lira trades flat after hitting 40 against dollar

ISTANBUL: The Turkiye lira traded flat early on Monday, after weakening overnight over news of a widening legal...

Published 07 Jul, 2025 12:14pm

Stocks

Japan’s Nikkei falls on caution ahead of Trump tariff deadline

TOKYO: Japan’s Nikkei share average fell on Monday as cautious investors weighed the details of US President Donald...

Published 07 Jul, 2025 12:12pm

Stocks

China, Hong Kong stocks weaken as US tariff deadline looms

HONG KONG: China and Hong Kong stocks fell on Monday as anxiety over US trade policy intensified ahead of the July 9...

Published 07 Jul, 2025 12:11pm

Mutual Funds

India bonds steady as traders await fresh triggers

MUMBAI: Indian government bonds barely moved in early deals on Monday, as traders stayed pat in the absence of any...

Published 07 Jul, 2025 12:11pm

Mutual Funds

Philippines awards $502mn in T-bills

MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday: BTR...

Published 07 Jul, 2025 12:09pm

Markets

Nissan Motor eyes $4 billion in bond sales, term sheet shows

SYDNEY/TOKYO: Japan’s Nissan Motor plans to sell $4 billion worth of US dollar- and euro-denominated senior...

Published 07 Jul, 2025 12:08pm

Energy

Saudi Arabia raises August oil prices for Asia, Europe buyers

Saudi Arabia, the world’s biggest oil exporter, on Sunday hiked August prices for Asian and European buyers by more...

Published 07 Jul, 2025 11:59am

Forex

Yuan softens as markets await US tariff deadline

SHANGHAI: China’s yuan eased against the greenback on Monday as investors turned cautious ahead of US President...

Published 07 Jul, 2025 11:56am

Forex

Australia, NZ dollars start big central bank week on back foot as tariff uncertainty mounts

SYDNEY: The Australian and New Zealand dollars started a big central bank week on the back foot as investors braced...

Published 07 Jul, 2025 11:55am

Commodities

Iron ore futures drop on China steel output curbs, trade uncertainty

BEIJING: Iron ore futures slid on Monday as renewed concerns over demand weighed on the market, pressured by output...

Published 07 Jul, 2025 11:54am

Commodities

Wheat falls more than 3% on supply pressure; corn, soybeans drop

SINGAPORE: Chicago wheat futures slid more than 3% to a one-week low on Monday, as ample supplies from the ongoing...

Published 07 Jul, 2025 11:53am

Stocks

South Korean shares flat; traders focus on US tariffs

The benchmark KOSPI was up 2.73 points, or 0.07%, at 3,057.01

Published 07 Jul, 2025 11:50am

Markets

Farmers push for govt support as climate change, water shortage threaten Pakistan’s mango industry

KARACHI: The government needs to adopt modern techniques and technologies to protect mangoes, said progressive...

Published 07 Jul, 2025 11:48am

Commodities

Copper prices fall amid uncertainty over US trade talks

SINGAPORE: Copper prices on the Shanghai Futures Exchange and London Metal Exchange fell on Monday, pressured by...

Published 07 Jul, 2025 11:40am

Stocks

Australian shares steady ahead of RBA rate decision, Trump tariff deadline

Australian shares were little changed on Monday, with losses in miners and gold stocks offsetting gains in...

Published 07 Jul, 2025 11:33am

Forex

Thai baht/US dollar weaker on Monday

The baht was 0.25% lower at 32.45 versus the dollar

Published 07 Jul, 2025 11:31am

Stocks

Pakistani companies with market cap of over $2bn at PSX

A total of five listed companies have a market cap ranging from $2.05 billion to $3.46 billion as of July 7, 2025

Updated 07 Jul, 2025 06:28pm

Companies

From Karachi to Gaza: Pakistani startup ships prosthetics to child war survivors

KARACHI: As soon as eight-year-old Sidra Al Bordeeni returned from the clinic with her prosthetic arm, she jumped on...

Published 07 Jul, 2025 10:17am

Currency

Pakistan rupee depreciates to 19-month low against US dollar

Currency settles at 284.22 against greenback

Updated 07 Jul, 2025 07:27pm

Stocks

Stocks surge, KSE-100 settles above 133,000 level

Trading at the Pakistan Stock Exchange (PSX) remained bullish on Monday, with the benchmark KSE-100 Index closing...

Updated 07 Jul, 2025 09:54pm

Stocks

India’s stock benchmarks to open flat on caution ahead of US tariff deadline

India’s equity benchmarks are poised to open little changed on Monday, as caution prevailed among investors ahead of...

Published 07 Jul, 2025 08:33am

Forex

Indian rupee to track Asian peers lower after Trump flags return to higher tariffs if no deal

MUMBAI: The Indian rupee is poised to begin the week on a weak note, pressed by the decline in Asian peers following...

Published 07 Jul, 2025 08:32am

Markets

Gold falls on trade deal progress, tariff reprieve extension

Gold prices dropped on Monday after U.S. President Donald Trump signalled progress on multiple trade agreements and...

Published 07 Jul, 2025 08:29am

Markets

Trump says US nears trade deals as tariff effective date delayed

MORRISTOWN: The United States is close to finalizing several trade agreements in the coming days and will notify...

Published 07 Jul, 2025 08:27am

Forex

Dollar pinned near multi-year lows as Trump tariff deadline looms

TOKYO: The U.S. dollar hovered near its lowest since 2021 against the euro and the weakest since 2015 versus the...

Published 07 Jul, 2025 08:21am

Stocks

Stocks slip in Asia on US tariff confusion, oil skids

SYDNEY: Stock markets slipped in Asia on Monday amid confusion as U.S. officials flagged a delay on tariffs but...

Published 07 Jul, 2025 08:17am

Energy

Oil steadies as tight market supports despite big OPEC+ hike

LONDON: Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as...

Updated 07 Jul, 2025 05:22pm

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%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	8.06 ▲ 1 (14.16%)
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%)
First Capital Equities / Jun 5 First Capital Equities Limited(FCEL)	5.30 ▲ 0.52 (10.88%)
Merit Packaging / Jun 5 Merit Packaging Limited(MERIT)	10.35 ▲ 1 (10.7%)
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%)
Dewan Automotive Eng. / Jun 5 Dewan Automotive Engineering Limited(DWAE)	29 ▲ 2.64 (10.02%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.49 ▼ -4.5 (-10%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	66.78 ▼ -7.42 (-10%)
Ghazi Fabrics / Jun 5 Ghazi Fabrics International Limited(GFIL)	29.21 ▼ -3.23 (-9.96%)
Fateh Ind. / Jun 5 Fateh Industries Limited(FIL)	166.02 ▼ -14.04 (-7.8%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38.10 ▼ -2.55 (-6.27%)
Mandviwala / Jun 5 Mandviwala Mauser Plastic Industries(MWMP)	65 ▼ -4 (-5.8%)
Mughal Energy / Jun 5 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Husein Industries / Jun 5 Husein Industries Limited(HUSI)	34.13 ▼ -1.87 (-5.19%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	39.70 ▼ -2.02 (-4.84%)
JS Investments / Jun 5 JS Investments Limited(JSIL)	40 ▼ -2 (-4.76%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	41,992,586 ▲ 0.53
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	41,990,948 ▲ 0.53
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	41,639,369 ▲ 0.9
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	26,329,637 ▼ -0.23
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	23,800,560 ▲ 0.02
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,604,921 ▲ 0.08
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	17,744,957 ▲ 0.02
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	17,209,572 ▲ 1
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	15,002,213 ▼ -0.09
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	14,836,146 ▼ -0.86

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