News Archives for Business & Finance - 2025-07-14

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Business & Finance - 2025-07-14

Industry

Govt fixes ex-mill price of sugar at Rs165/kg

The Ministry of National Food Security & Research announced on Monday the ex-mill price of sugar had been fixed...

Published 14 Jul, 2025 10:18pm

Technology

Google brings Ads in AI Overviews to Pakistan

Google has announced that later this year, Ads in AI Overviews will roll out to more APAC markets 1 in English,...

Published 14 Jul, 2025 07:12pm

Business & Finance

KCCI, transporters announce July 19 strike against Finance Act provisions

The Karachi Chamber of Commerce and Industry (KCCI), joined by goods transport associations from across Pakistan,...

Updated 14 Jul, 2025 10:42pm

Business & Finance

CCP imposes Rs1 billion in penalties on cartels, deceptive advertisers during FY2024-25

The Competition Commission of Pakistan (CCP) issued 12 major orders during FY 2024-25, imposing penalties worth...

Published 14 Jul, 2025 05:56pm

Business & Finance

Govt to meet business community tomorrow, ahead of planned strike, says Aurangzeb

Emphasising constructive dialogue over confrontation, Finance Minister Muhammad Aurangzeb said that the government...

Updated 14 Jul, 2025 10:41pm

Companies

Indian clean energy firm SAEL to invest $954mn in solar manufacturing plant

Indian renewable energy firm SAEL Industries Ltd will invest 82 billion rupees ($954.04 million) to build a...

Published 14 Jul, 2025 03:31pm

Technology

Musk says he does not support merger between Tesla and xAI

Elon Musk said on Monday he does not support a merger between his electric vehicle maker Tesla and his artificial...

Published 14 Jul, 2025 01:57pm

Stocks

Major Gulf markets ease on fresh US tariff threats

Major stock markets in the Gulf fell in early trade on Monday amid fresh U.S. tariff threats, although the losses...

Published 14 Jul, 2025 01:52pm

Forex

Russian rouble weakens vs US dollar ahead of Trump’s major statement

MOSCOW: The Russian rouble weakened against the U.S. dollar ahead of U.S. President Donald Trump’s expected “major...

Published 14 Jul, 2025 01:49pm

Commodities

India’s June palm oil imports jump 60% to hit 11-month high

MUMBAI: India’s palm oil imports jumped to an 11-month high in June as refiners ramped up purchases due to a price...

Published 14 Jul, 2025 01:48pm

Middle East

Wizz Air to exit Abu Dhabi operations

Low-cost carrier Wizz Air said on Monday it would exit its Abu Dhabi operations and suspend all locally based...

Published 14 Jul, 2025 01:42pm

Financial

Euro zone bond yields touch April high after EU gets 30% tariff

LONDON: German 10-year government bond yields briefly hit their highest since early April on Monday after U.S....

Published 14 Jul, 2025 12:47pm

Forex

South African rand starts week muted as tariff uncertainty hangs over markets

JOHANNESBURG: The South African rand was softer in early trade on Monday as investors mulled over U.S. President...

Published 14 Jul, 2025 12:44pm

Stocks

European shares fall on Trump’s new tariff threats on EU and Mexico

European shares fell on Monday, led by automobiles, as the U.S. President Donald Trump’s latest threat to impose...

Published 14 Jul, 2025 12:32pm

Commodities

China’s copper imports jump 9% in June reversing two months of declines

BEIJING: China’s copper imports rebounded 8.7% in June, bucking a two-month fall, although imports to date this year...

Published 14 Jul, 2025 11:20am

Europe

EU ready to hit US with 21bn euro tariff list, Italy foreign minister says

MILAN: The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S....

Published 14 Jul, 2025 11:17am

Commodities

Palm oil gains tracking rival oils, higher crude prices

Malaysian palm oil futures closed higher on Monday, tracking stronger rival edible oils and higher crude prices, and...

Updated 14 Jul, 2025 03:49pm

Financial

JGB yields surge toward May highs on election-led fiscal concerns

TOKYO: Yields on Japanese government bonds (JGBs) surged on Monday, toward historic levels last seen in May, as...

Published 14 Jul, 2025 11:11am

Commodities

Copper prices rangebound amid US trade talks, 50% metal tariff

SINGAPORE: Copper prices on the London Metal Exchange and the Shanghai Futures Exchange were rangebound on Monday as...

Published 14 Jul, 2025 11:06am

Forex

Australia dollar slips from 8-month top as Trump flags EU tariffs, kiwi struggles

SYDNEY: The Australian dollar slipped from eight-month highs on Monday after U.S. President Donald Trump issued...

Published 14 Jul, 2025 11:03am

Commodities

Japan rubber futures firm on weather woes; weak tyre demand outlook caps gains

Japanese rubber futures ended daytime trade higher on Monday, driven by Thailand weather concerns and expectations...

Updated 14 Jul, 2025 02:01pm

Commodities

China’s June coal imports sink to more than two-year low

BEIJING: China’s June coal importsfell to the lowest monthly level in over two years, General Administration of...

Published 14 Jul, 2025 10:57am

Commodities

Ample supply pushes soybeans below $10 a bushel

CANBERRA: Chicago soybean futures fell on Monday below $10 a bushel for the first time in three months, as...

Published 14 Jul, 2025 10:53am

Financial

Jane Street deposits $567 million so it can resume India trading, sources say

Jane Street, which has been accused of market manipulation by Indian authorities, has deposited $567 million in...

Published 14 Jul, 2025 10:50am

Forex

Yuan hits more than 1-week high as strong midpoint, export surprise lift sentiment

SHANGHAI: China’s yuan rose to a more than one-week high against the U.S. dollar on Monday, buoyed by a firmer...

Published 14 Jul, 2025 10:48am

Currency

Bitcoin climbs to record $123,000 as US to debate crypto rules

SINGAPORE: Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world’s largest...

Updated 14 Jul, 2025 03:27pm

Commodities

China June soybean imports hit record high on strong Brazil shipments

BEIJING: China’s soybean imports in June hit a monthly record high, a Reuters calculation of customs data showed on...

Published 14 Jul, 2025 10:43am

Commodities

Iron ore futures rise on strong China trade data

SINGAPORE: Iron ore futures edged higher on Monday, buoyed by strong China trade data, although gains were limited...

Updated 14 Jul, 2025 01:55pm

Commodities

Gold prices scale three-week peak as Trump widens trade war

Gold prices touched a three-week high on Monday, supported by demand for safe-haven bullion after U.S. President...

Published 14 Jul, 2025 10:38am

Companies

Indian electric two-wheeler maker Ola Electric reports wider first-quarter loss

Indian electric two-wheeler maker Ola Electric reported a wider first-quarter loss on Monday, as its sales took a...

Published 14 Jul, 2025 10:31am

Stocks

Rupee slips lower against US dollar

Currency settles at 284.72 against greenback in inter-bank market

Updated 14 Jul, 2025 07:32pm

Stocks

South Korean shares hit near 4-year high on market reform hopes

KOSPI ended the session up 26.28 points, or 0.83

Updated 14 Jul, 2025 12:40pm

Forex

Indian rupee falls to over two-week low on corporate dollar bids, outflows

MUMBAI: The Indian rupee weakened past the 86 per U.S. dollar mark on Monday to its lowest level in more than two...

Updated 14 Jul, 2025 03:33pm

Financial

India bonds flat ahead of India, US inflation prints

MUMBAI: Indian government bonds held steady in early trade on Monday as traders shrugged off a sharp drop in U.S....

Published 14 Jul, 2025 10:19am

Stocks

Australia shares drift in tight range as tariff jitters drive safe-haven demand

Australian shares struggled for direction on Monday as losses in banks and technology stocks countered gains in...

Updated 14 Jul, 2025 12:42pm

Stocks

Japan’s Nikkei falls for 3rd day as trade impasse, election weigh on sentiment

TOKYO: Japan’s Nikkei share gauge slid for a third-straight session on Monday as concerns about an upcoming domestic...

Updated 14 Jul, 2025 12:35pm

Companies

Pakistan’s cement maker installs 6MW solar power system at Karachi facility

In a key step towards sustainable industrial practices, Dewan Cement Limited has successfully commissioned a 6 MW...

Published 14 Jul, 2025 10:13am

Stocks

China stocks gain on pickup in exports; Tuesday GDP data eyed

HONG KONG: China and Hong Kong stocks inched higher on Monday, as markets reacted cautiously to positive trade data...

Updated 14 Jul, 2025 01:44pm

Stocks

India’s equity benchmarks inch lower as IT stocks offset gains in other sectors

India’s equity benchmarks edged down on Monday as worries of weak quarterly results by information technology...

Updated 14 Jul, 2025 03:24pm

Energy

Oil steadies near three-week high on signs of tighter supply

LONDON: Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed...

Updated 14 Jul, 2025 09:56pm

Forex

Euro slips after Trump threatens 30% tariffs on EU

SINGAPORE: The euro fell to a three-week low early on Monday while the Mexican peso also came under pressure after...

Published 14 Jul, 2025 10:05am

Stocks

New record at PSX: KSE-100 settles above 136,500 level

Benchmark index gains over 2,200 points during day

Updated 14 Jul, 2025 08:03pm

Business & Finance

Finance bill: FCCI says will protest against ‘black laws’

FAISALABAD: “The Faisalabad Chamber of Commerce and Industry has decided to strongly protest against the black ...

Published 14 Jul, 2025 06:44am

Cotton & Textile

Weekly Cotton Review: Trade volumes improve in largely stable market

KARACHI: The cotton market has shown overall stability in prices, with an improvement in trade volume recorded....

Published 14 Jul, 2025 05:42am

Business & Finance

Mian Zahid hails PM’s focus on affordable agri loans

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

Published 14 Jul, 2025 05:42am

Money & Banking

Sterling slips as weak growth data fuels rate cut expectations

LONDON: Sterling slipped on Friday and was trading close to a more than two-week low after data showed the UK ...

Published 14 Jul, 2025 05:42am

Energy

KP asks centre to retain its two HPPs on IGCEP 2025-35

PESHAWAR: The KP government has asked the federal government to retain its two public sector energy projects i.e....

Published 14 Jul, 2025 05:42am

Industry

Traders hail initiative for revival of manufacturing sector

PESHAWAR: Members of the business community welcomed the government’s announcement of a new industrial policy for...

Published 14 Jul, 2025 05:42am

Commodities

Retail market: prices of most kitchen items remain high

PESHAWAR: Prices of important kitchen items have become dearer in the retail market. A weekly-market survey...

Updated 14 Jul, 2025 06:10am

Business & Finance

Federal Budget: PAPGAI, APPMA decry preferential treatment to specific firm

KARACHI: The Pakistan Association of Printing & Graphic Arts Industry (PAPGAI) and the All Pakistan Paper...

Published 14 Jul, 2025 05:42am

Energy

Centre’s policies stalling Sindh’s energy sector growth: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has said that Sindh holds vast untapped resources capable of...

Published 14 Jul, 2025 05:42am

Business & Finance

Virtual Asset Ordinance 2025: Explanation and comments—I

General The President of Pakistan has promulgated an Ordinance by the name of Virtual Assets Ordinance 2025. The...

Updated 14 Jul, 2025 07:34am

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
India Sensex / Jun 5	74,243.34
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

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 7	377.78
Diesel/Litre / Jun 7	380.78

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%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	8.03 ▲ 0.97 (13.74%)
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%)
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	10.98 ▲ 1 (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)	66.80 ▼ -7.4 (-9.97%)
Ghazi Fabrics / Jun 5 Ghazi Fabrics International Limited(GFIL)	29.96 ▼ -2.48 (-7.64%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38.17 ▼ -2.48 (-6.1%)
Bela Auto / Jun 5 Bela Automotives Limited(BELA)	55.85 ▼ -3.14 (-5.32%)
Tandlianwala Sugar / Jun 5 Tandlianwala Sugar Mills Limited(TSML)	385.55 ▼ -19.67 (-4.85%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	39.70 ▼ -2.02 (-4.84%)
Dewan Textile / Jun 5 Dewan Textile Mills Limited(DWTM)	9.65 ▼ -0.48 (-4.74%)
JS Investments / Jun 5 JS Investments Limited(JSIL)	40.01 ▼ -1.99 (-4.74%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75.03 ▼ -3.61 (-4.59%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	42,057,629 ▲ 0.57
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	41,999,765 ▲ 0.49
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	41,811,517 ▲ 0.9
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	26,493,657 ▼ -0.2
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	23,842,888 ▼ -0.01
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,157,441 ▲ 0.08
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	18,104,460 ▲ 0.02
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	17,319,572 ▲ 1
B.O.Punjab / Jun 5 The Bank of Punjab(BOP)	15,286,456 ▼ -0.46
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	15,013,265 ▼ -0.11

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