News Archives for Business & Finance - 2025-07-17

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Business & Finance - 2025-07-17

Business & Finance

SBP-held foreign exchange reserves rise $23mn, clock in at $14.53bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $23 million on a weekly basis,...

Updated 17 Jul, 2025 11:07pm

Commodities

Gold price per tola falls Rs900 in Pakistan

Gold prices in Pakistan declined on Thursday in line with their decrease in the international market. In the local...

Published 17 Jul, 2025 06:25pm

Companies

Kohinoor Textile Mills plans 5-for-1 stock split to broaden investor base

Kohinoor Textile Mills Limited (KTML) has informed the exchange that its Board of Directors (BoD) has proposed the...

Published 17 Jul, 2025 03:31pm

Companies

Security Leasing Corporation says progressing towards revival

Security Leasing Corporation Limited (SLCL) said on Thursday that it was currently in the process of concluding some...

Published 17 Jul, 2025 03:22pm

Companies

Honda Atlas flags major hurdles to vehicle exports from Pakistan: AHL

Despite successfully exporting a limited batch of Honda City units to Japan, Honda Atlas Cars (Pakistan) Limited...

Published 17 Jul, 2025 02:37pm

Stocks

European shares rise after four-day drop as ABB shines

European shares rose on Thursday after four consecutive sessions of losses, supported by strong quarterly results...

Published 17 Jul, 2025 01:50pm

Industry

PM Shehbaz directs action plan for easy-term loans to boost small, medium-scale agriculture

Prime Minister Shehbaz Sharif directed authorities on Thursday that an action plan regarding the provision of loans...

Published 17 Jul, 2025 01:34pm

Exchange

Rupee remains stable against US dollar

Currency settles at 284.97 against greenback

Updated 17 Jul, 2025 07:03pm

Forex

Australia dollar skids as jobless jump stokes rate cut pressure

SYDNEY: The Australian dollar slid on Thursday after jobs data badly missed forecasts and unemployment hit highs not...

Published 17 Jul, 2025 12:27pm

Companies

Yamaha, Unique hike motorcycle prices in Pakistan following NEV levy imposition

Following the footsteps of Atlas Honda and Pak Suzuki Motor Company, Yamaha Motor Pakistan has announced revised...

Updated 18 Jul, 2025 01:55pm

Energy

Qatar hikes September al-Shaheen crude term price to 5-month high, sources say

SINGAPORE: QatarEnergy raised the term price for al-Shaheen crude loading in September to $3.33 a barrel above Dubai...

Published 17 Jul, 2025 12:23pm

Commodities

Malaysia hikes August crude palm oil reference price, raising duty to 9%

KUALA LUMPUR: Malaysia has increased its August crude palm oil reference price, a change that raises export duties...

Published 17 Jul, 2025 12:20pm

Commodities

Soybeans edge lower as plentiful supply stifles gains

CANBERRA: Chicago soybean futures fell on Thursday as expectations of ample supply reasserted themselves after hopes...

Published 17 Jul, 2025 12:17pm

Commodities

Iron ore rises on strong China steel demand, production curbs

SINGAPORE: Iron ore futures prices advanced on Thursday, buoyed by robust steel demand amid production curbs in top...

Published 17 Jul, 2025 12:15pm

Markets

Gold prices slip as dollar firms, Trump eases Powell uncertainty

Gold prices dipped on Thursday, pressured by a firmer dollar and easing market tensions after US President Donald...

Published 17 Jul, 2025 12:13pm

Stocks

China, HK shares rise on auto, AI gains, Citi upgrade

HONG KONG: Chinese and Hong Kong shares edged up on Wednesday, buoyed by regulatory support for the auto sector and...

Published 17 Jul, 2025 12:09pm

Companies

AKD Group Holdings acquires key stake in Pearl Continental Hotels chain

Dawood Jan also acquires a 28% shareholding of PSL

Updated 21 Jul, 2025 01:17pm

Forex

China’s yuan steadies as anxiety grows over Fed, Trump spat

SHANGHAI: China’s yuan steadied against the dollar on Thursday, as the central bank yet again set a much stronger...

Published 17 Jul, 2025 11:32am

Currency

Trump’s World Liberty crypto tokens to become tradable

Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald...

Published 17 Jul, 2025 11:28am

Mutual Funds

Japan bonds tread water as wary investors await weekend election

TOKYO: Japanese government bonds held steady on Thursday as the market turned calm in the final run-up to...

Published 17 Jul, 2025 11:13am

Business & Finance

Novartis slightly raises 2025 earnings forecast, citing strong Q2

BERLIN: Novartis on Thursday posted a slightly more optimistic full-year earnings forecast, citing the strong growth...

Published 17 Jul, 2025 11:12am

Markets

Volvo Cars Q2 operating profit falls as tariffs bite

STOCKHOLM: Sweden-based Volvo Cars reported a steep fall in second-quarter adjusted operating profit on Thursday and...

Published 17 Jul, 2025 11:10am

Mutual Funds

India bonds stuck as trading interest plummets

MUMBAI: Indian government bonds barely moved in early deals on Thursday, as weary traders stayed on the sidelines,...

Published 17 Jul, 2025 11:08am

Forex

Indian rupee contends with weak Asia, Fed leadership speculation

MUMBAI: The Indian rupee at open on Thursday will contend with a slide in Asian peers, US Federal Reserve leadership...

Published 17 Jul, 2025 10:41am

Stocks

Banks boost Australia shares; Trump eases Fed Chair fears

Australian shares gained on Thursday, led by a rise in financials, while investor sentiment improved after US...

Published 17 Jul, 2025 10:37am

Stocks

India’s stock benchmarks set for muted start, tracking Asian peers

India’s equity benchmarks are likely to open little changed on Thursday, mirroring the flat trade in Asian markets,...

Published 17 Jul, 2025 10:34am

Commodities

Copper prices edge lower as investors brace for US tariff impact

SINGAPORE: Copper prices inched lower in London and Shanghai on Thursday, as markets remained under pressure ahead...

Published 17 Jul, 2025 10:32am

Stocks

Japan chip share selloff sends Nikkei lower on ASML revenue warning

TOKYO: Japan’s Nikkei share average edged lower on Thursday, pulled down by a selloff in chip-related shares after...

Published 17 Jul, 2025 10:29am

Forex

Dollar on shaky ground as markets fret about Fed independence

TOKYO: The dollar was on a fragile footing on Thursday having lost ground overnight as concerns US President Donald...

Published 17 Jul, 2025 10:25am

Stocks

Stocks drift before tech earnings as Fed drama confounds

SINGAPORE: Asian stocks dithered on Thursday ahead of earnings from heavyweight technology companies and as market...

Published 17 Jul, 2025 10:23am

Energy

Oil rises on Mideast risk, tight supply

HOUSTON: Oil prices rose on Thursday as analysts pointed to low inventories and renewed Middle East risks as factors...

Updated 17 Jul, 2025 10:00pm

Stocks

New record at PSX: KSE-100 settles above 138,600 level

Benchmark index gains nearly 2,300 on Thursday

Updated 17 Jul, 2025 07:31pm

Business & Finance

ST cut on sugar imports: PAC grills tax authorities over FBR’s decision

ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday grilled tax authorities over a controversial decision by...

Published 17 Jul, 2025 03:32am

Money & Banking

Industry bigwigs gather: BankIslami and ZLK host session on Islamic finance

ISLAMABAD: In a joint effort to promote Riba-free banking in Pakistan, BankIslami and ZLK Islamic Financial...

Updated 17 Jul, 2025 06:54pm

Companies

AkzoNobel Pakistan partners with WCLA

LAHORE: AkzoNobel Pakistan, the maker of Dulux paints, has signed a Memorandum of Understanding (MoU) with the ...

Published 17 Jul, 2025 03:32am

Money & Banking

NBP Aitemaad Islamic branch in DHA Phase-II inaugurated

KARACHI: NBP Aitemaad Islamic Banking unveiled the new premises of Islamic Banking Branch in DHA Phase-II Karachi,...

Published 17 Jul, 2025 03:32am

Money & Banking

US dollar pares tumbles

NEW YORK: The US dollar tumbled on Wednesday on news reports that US President Donald Trump is planning to fire...

Published 17 Jul, 2025 03:32am

Money & Banking

Yuan steady against dollar

SHANGHAI: China’s yuan held steady against the dollar on Wednesday, as a firmer-than-expected official midpoint...

Published 17 Jul, 2025 03:32am

Money & Banking

Asian currencies: Indonesian rupiah steady

BENGALURU: Jakarta stocks edged higher and the rupiah held steady on Wednesday after Bank Indonesia (BI) cut its...

Published 17 Jul, 2025 03:32am

Companies

Pak-Qatar Group achieves Go-Live of New CRM System

KARACHI: Pak-Qatar Group has announced the successful go-live of its newly implemented Customer Relationship...

Published 17 Jul, 2025 03:32am

Industry

Higher business costs: MoF, SECP strongly object to amendments thru CSR Bill

ISLAMABAD: Ministry of Finance and Securities and Exchange Commission of Pakistan (SECP) strongly objected to...

Published 17 Jul, 2025 03:32am

Pakistan

PIA to resume UK flights from mid-August: spokesperson

Pakistan International Airlines (PIA) is set to resume its flight operations to the United Kingdom from mid-August,...

Published 17 Jul, 2025 12:44am

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
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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