News Archives for Business & Finance - 2025-07-28

<<>>

Business & Finance - 2025-07-28

Business & Finance

NLC, Kyrgyz Railways ink MoU on bilateral cooperation

The National Logistics Corporation (NLC) has signed a Memorandum of Understanding (MoU) with Kyrgyz Temir Zholu, the...

Published 28 Jul, 2025 10:55pm

Money & Banking

ABAD urges State Bank of Pakistan to reduce interest rate to single digit

The Association of Builders and Developers (ABAD) urged on Monday the State Bank of Pakistan (SBP) to reduce the...

Published 28 Jul, 2025 10:49pm

Business & Finance

Finance minister, US Chargé d’Affaires discuss strengthening economic, trade cooperation

U.S. Chargé d’Affaires in Pakistan Elizabeth Horst on Monday called on Federal Minister for Finance and Revenue...

Published 28 Jul, 2025 10:38pm

Markets

Trade talks: Finance minister Aurangzeb leaves for US

Final discussions on Pakistan-US trade dialogue to take place during visit, says Finance ministry
'Vast opportunities' for partnership in key sectors such as IT, minerals, and agriculture

Published 28 Jul, 2025 10:22pm

Companies

India’s Motherson Sumi Wiring reports Q1 profit below estimates on higher expansion costs

Motherson Sumi Wiring India reported quarterly profit below estimates on Monday due to higher expansion costs. The...

Published 28 Jul, 2025 10:10pm

Stocks

Industrial stocks drag UK equities, investors assess US-EU trade deal

London’s main stock indexes closed lower on Monday, pressured by industrial shares, while investors assessed a...

Published 28 Jul, 2025 09:56pm

Stocks

European shares close lower as US-EU trade deal draws mixed response

European shares pulled back from a four-month high and settled Monday’s choppy session marginally lower as investors...

Published 28 Jul, 2025 09:54pm

Markets

Jane Street seeks more time to respond to Indian regulator’s interim order

BENGALURU: U.S. trading firm Jane Street said on Monday it has sought an extension to respond to an interim order...

Published 28 Jul, 2025 09:51pm

Markets

PSX completes work to half stock settlement duration to one day from Feb 2026

KARACHI: In a major milestone, Pakistan Stock Exchange (PSX) has initiated work to upgrade its cash-based trading...

Published 28 Jul, 2025 08:35pm

Companies

GAIL India posts bigger-than-expected drop in quarterly profit on higher input costs

Gas distributor GAIL (India) posted a bigger-than-expected fall in quarterly profit on Monday, as higher raw...

Published 28 Jul, 2025 08:12pm

Companies

India’s JK Paper reports decline in first-quarter profit on higher costs

Indian paper and packaging board maker JK Paper reported an eighth straight quarter of a decline in profit on Monday...

Published 28 Jul, 2025 08:09pm

Stocks

S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week

The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a...

Published 28 Jul, 2025 07:55pm

Stocks

TSX retreats from record high, investors assess US and EU trade deal

Canada’s commodity-heavy main stock index scaled back from its record high on Monday, pressured by mining shares,...

Published 28 Jul, 2025 07:52pm

Stocks

UAE gains on trade optimism, earnings hopes; Saudi slips in volatile trade

Gulf equities were mixed on Monday, with UAE markets tracking global gains on trade optimism, while Saudi markets...

Published 28 Jul, 2025 07:48pm

Business & Economy

Finance ministry projects July inflation at 3.5-4.5% as price pressures ease

Inflation stood at 3.2% in June

Published 28 Jul, 2025 07:13pm

World

EU-sanctioned Indian refiner Nayara takes Microsoft to court over outage

NEW DELHI: Russia-backed Indian refiner Nayara Energy Monday said it has started legal proceedings against Microsoft...

Published 28 Jul, 2025 07:02pm

Commodities

Wheat down 4-5 cents, corn down 2-3, soybeans down 6-7

CHICAGO: The following are U.S. expectations for the resumption of grain and soy complex trading on Monday. Wheat -...

Published 28 Jul, 2025 06:51pm

Markets

Cut interest rates to single digit, Tanveer urges SBP

LAHORE: As the State Bank of Pakistan prepares to announce its monetary policy decision, business leader S.M....

Updated 28 Jul, 2025 07:47pm

Companies

India’s Adani Green Energy posts quarterly profit jump on strong power sales

BENGALURU: India’s Adani Green Energy reported a 31% jump in first-quarter profit on Monday, driven by an increase...

Published 28 Jul, 2025 06:46pm

Money & Banking

India’s IndusInd Bank posts quarterly profit drop as loans decline

BENGALURU: India’s IndusInd Bank reported a quarterly profit drop on Monday, as its loans declined and funds kept...

Published 28 Jul, 2025 06:44pm

Companies

India’s Adani Total Gas posts lower quarterly profit as input costs rise

India’s Adani Total Gas reported a drop in quarterly profit on Monday, as gas purchases became costlier after the...

Published 28 Jul, 2025 06:41pm

Financial

India bonds extend fall as August rate-cut bets fade

MUMBAI: Indian government bonds fell for a fifth straight session on Monday, as investors scaled back bets of an...

Published 28 Jul, 2025 06:38pm

Commodities

Arabica coffee and sugar prices rise

LONDON: Arabica coffee futures rose on Monday, boosted partly by concern that cold weather in Brazil could damage...

Published 28 Jul, 2025 06:33pm

Commodities

Copper holds firm, focus on U.S.-China trade talks

LONDON: Copper prices held firm on Monday ahead of the resumption of talks between top U.S. and Chinese officials on...

Published 28 Jul, 2025 06:26pm

Stocks

Energy, communication stocks lift Sri Lanka shares

CSE All Share index settled up 0.26% at 19,517.86

Published 28 Jul, 2025 06:24pm

Forex

Russian rouble slides to more than six-week low after central bank rate cut

The Russian rouble weakened beyond the 80 mark to the dollar for the first time in more than six weeks on Monday as...

Published 28 Jul, 2025 05:55pm

Companies

India’s top gas importer Petronet seeks 120 billion Indian rupee loan

NEW DELHI: India’s top gas importer, Petronet LNG, is looking to raise a 120 billion rupee (about $1.4 billion)...

Published 28 Jul, 2025 05:51pm

Companies

India’s ABSL AMC ups long-duration government bond bets, sees more rate easing

MUMBAI: India’s Aditya Birla Sun Life Asset Management Company is turning overweight on longer-duration government...

Published 28 Jul, 2025 05:46pm

Companies

India’s third largest airport operator eyes Oct close for over $500mn bond, sources say

MUMBAI: India’s Bangalore International Airport Ltd (BIAL) plans to raise over 46.3 billion rupees ($535 million)...

Published 28 Jul, 2025 05:41pm

Companies

Global slowdown could dampen demand for Indian exports, finance ministry report says

NEW DELHI: A global slowdown could further dampen demand for Indian exports and continued uncertainty on U.S....

Published 28 Jul, 2025 05:38pm

Forex

Indian rupee slips but sidesteps firmer dollar as flows dominate price-action

MUMBAI: The Indian rupee dipped on Monday as month-end dollar bids from importers exerted some pressure, but the...

Published 28 Jul, 2025 05:34pm

Commodities

Gold price per tola decreases Rs100 in Pakistan

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

Published 28 Jul, 2025 05:07pm

Stocks

Indian shares dragged down by Kotak Mahindra Bank, TCS; trade deal delay weighs

Indian shares fell on Monday as financials and IT declined due to weak results from Kotak Mahindra Bank and Tata...

Published 28 Jul, 2025 04:50pm

Commodities

Palm extends losses on weak rival oils, concerns over rising output, stocks

KUALA LUMPUR: Malaysian palm oil futures traded lower for a second session on Monday, weighed down by weak rival...

Published 28 Jul, 2025 04:48pm

Markets

Ajrak plates backlog: motorcyle applications for July could soon cross 100,000

Sindh’s Motor Registration Wing Excise and Taxation Department receieved 60,000 applications for new motorcycle plates during the first three weeks of July

Published 28 Jul, 2025 03:29pm

Companies

FFCL acquires 100% stake of Fatima Petroleum Company Limited

Fatima Fertilizer Company Limited (FFCL) has decided to acquire 100% ownership of Fatima Petroleum Company Limited...

Published 28 Jul, 2025 03:18pm

Companies

Sazgar to roll out Pakistan-assembled HAVAL H6 PHEV in August

In a step towards hybrid adoption, Sazgar Engineering Works (SAZEW) has officially begun pre-bookings for its first...

Published 28 Jul, 2025 02:35pm

Companies

Supernet’s subsidiary inks reseller agreement with KSA’s Arabsat

Pheonix Global FZE (PGF), a wholly owned subsidiary of Supernet Limited, has signed a reseller agreement with...

Published 28 Jul, 2025 02:28pm

Companies

CCL Holding submits public intention to acquire over 26% stake in Mitchells Fruit Farms

Aims to increase its total shareholding in Mitchell’s to over 73%

Published 28 Jul, 2025 02:10pm

Technology

Management shakeup: Pak Datacom sends CEO on forced leave

Pak Datacom Limited (PAKD) has announced a leadership change, sending its Chief Executive/Executive Director, Syed...

Published 28 Jul, 2025 01:28pm

Stocks

European shares rise to 4-month high after US-EU trade deal

European shares advanced to a four-month high on Monday, led by gains in auto and pharmaceutical stocks, after the...

Published 28 Jul, 2025 12:33pm

Business & Finance

Malaysia’s economy projected to grow 4% to 4.8% this year, central bank says

KUALA LUMPUR: Malaysia’s economy is projected to expand by 4% to 4.8% in 2025, down from a previous forecast of 4.5%...

Published 28 Jul, 2025 11:56am

Forex

Yuan touches one-month low as investors await Sino-US trade talk

SHANGHAI: China’s yuan touched a one-month low against the U.S. dollar in early trade on Monday but reversed most of...

Published 28 Jul, 2025 11:43am

Mutual Funds

JGBs rebound as traders reassess BOJ rate-hike trajectory

TOKYO: Japan’s shorter-dated government bonds rose on Monday, recovering from a sell-off last week, as investors...

Published 28 Jul, 2025 11:42am

Exchange

Rupee strengthens against US dollar

Currency settles at 283.21 level in interbank market

Updated 28 Jul, 2025 06:50pm

Stocks

China stocks cool after 5-week rally as investors eye US trade talk progress

At the midday break, the Shanghai Composite index fell 0.2% to 3,587.69 points

Published 28 Jul, 2025 11:40am

Mutual Funds

Philippines awards $498mn T-bill offer

Tenders total 103.45 billion pesos

Published 28 Jul, 2025 11:38am

Commodities

Palm slides on weak rival oils, concerns over rising output, stocks

KUALA LUMPUR: Malaysian palm oil futures extended losses to a second session on Monday, tracking weak rival edible...

Published 28 Jul, 2025 11:36am

Mutual Funds

India bonds dip as wary traders sell before US, domestic cenbank policy

MUMBAI: Indian government bonds fell in early deals on Monday, as traders nervously sold debt ahead of rate...

Published 28 Jul, 2025 11:35am

Stocks

Japan’s Nikkei falls as investors take profits ahead of corporate earnings

TOKYO: Japan’s Nikkei share average erased early gains to trade lower on Monday, as investors locked in profits...

Published 28 Jul, 2025 11:34am

Stocks

Banks boost Aussie shares higher; investors brace for corporate earnings

Australian shares rose on Monday, led by gains in financial stocks, while investors braced for the start of the...

Published 28 Jul, 2025 11:32am

Forex

Australia, NZ dollars climb as US-EU trade deal bolsters risk sentiment

SYDNEY: The Australian and New Zealand dollars climbed on Monday, as relief over a U.S. trade deal with the European...

Published 28 Jul, 2025 11:31am

Companies

ADB appoints new DG for region including Pakistan

The Asian Development Bank (ADB) has appointed Leah Gutierrez as Director General for its Central and West Asia...

Published 28 Jul, 2025 10:36am

Companies

Haseeb Waqas Sugar Mills halts share buyback amid speculative price hike

Haseeb Waqas Sugar Mills Limited announced on Monday its decision not to go for buyback of shares and halt any...

Published 28 Jul, 2025 09:51am

Stocks

KSE-100 closes marginally higher as selling trims intra-day gains

The Pakistan Stock Exchange (PSX) witnessed mixed trading on Monday, as its benchmark KSE-100 closed marginally...

Updated 28 Jul, 2025 08:36pm

Markets

Samsung Elec signs chip supply deal with Tesla, sources say

SEOUL: Samsung Electronics has signed a deal to supply chips to Tesla Inc, two people briefed about the matter told...

Published 28 Jul, 2025 08:39am

Forex

Risk boost from US-EU trade deal of little help to Indian rupee as outflows persist

MUMBAI: The Indian rupee is expected to open little changed on Monday, with any support from improved risk sentiment...

Published 28 Jul, 2025 08:26am

Markets

Gold falls to near two-week low after US, EU agree to tariff deal

Gold prices fell to their lowest level in nearly two weeks on Monday, as a framework trade agreement between the...

Published 28 Jul, 2025 08:25am

Stocks

India’s equity benchmarks set to open near one-month low

India’s equity benchmarks are likely to open on Monday near the previous session’s one-month closing low, with...

Published 28 Jul, 2025 08:22am

Markets

BOJ may paint less gloomy view, signal rate-hike resumption

TOKYO: The Bank of Japan is set to hold off raising interest rates on Thursday but may offer a less gloomy view on...

Published 28 Jul, 2025 08:13am

Stocks

Stocks rise, euro firms after US-EU trade agreement

SINGAPORE: Global stocks rose and the euro firmed on Monday after a tradeagreement between the United States and the...

Published 28 Jul, 2025 08:09am

Forex

Euro rises after US, EU agree to tariff deal

TOKYO: The euro gained on Monday following the announcement of a framework trade agreement between the United States...

Published 28 Jul, 2025 08:06am

Energy

Oil rises on US-EU deal and shorter US deadline for Russia

LONDON: Oil prices rose on Monday after a trade deal between the United States and the European Union and U.S....

Updated 28 Jul, 2025 06:35pm

USA

Fed poised to hold off on rate cuts, defying Trump pressure

WASHINGTON: The US central bank is widely expected to hold off slashing interest rates again at its upcoming ...

Published 28 Jul, 2025 05:42am

Pakistan

SBP pensioners demand recalculation of family pension

PESHAWAR: The SBP Pensioners Welfare Association has demanded the recalculation of family pension on the basis of...

Published 28 Jul, 2025 05:42am

Business & Finance

Housing sector facing sharp slowdown owing to various factors

KARACHI: Amid surging inflation, high interest rates, and mounting taxes on property transactions, Pakistan’s...

Published 28 Jul, 2025 05:42am

Industry

Expo centre in Faisalabad is need of the day: FCCI

FAISALABAD: Expo Centre in Faisalabad is the need of the day to organize international level exhibitions to showcase...

Published 28 Jul, 2025 05:42am

Companies

India’s TCS to cut 12,000 jobs

MUMBAI: Indian IT giant Tata Consultancy Services said Sunday it will cut around two percent of its global ...

Published 28 Jul, 2025 05:42am

South Asia

BD orders 25 Boeing planes as part of push to ease US tariffs

DHAKA: Bangladesh has ordered 25 aircraft from Boeing and ramped up imports of key American goods in an effort to...

Published 28 Jul, 2025 05:42am

Money & Banking

Sterling at four month low against euro

LONDON: The pound dropped to its weakest level against the euro in four months on Friday as a weekly decline in gilt...

Published 28 Jul, 2025 05:42am

Business & Finance

NBP upgrades ATM services on Murree Road

ISLAMABAD: The National Bank of Pakistan (NBP) has upgraded its ATM services at the Passport Office Branch on Murree...

Published 28 Jul, 2025 05:42am

Commodities

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food items was witnessed in the retail market. A weekly-market survey...

Updated 28 Jul, 2025 06:11am

Business & Finance

Policy interest rate: SMAP urges MPC to consider significant cut

KARACHI: The Salt Manufacturers Association of Pakistan (SMAP), on behalf of its members and the wider industrial...

Published 28 Jul, 2025 05:42am

Cotton & Textile

Weekly Cotton Review: Price plunge hits linked sectors

KARACHI: In recent days, a significant drop in cotton prices has been observed, impacting sectors associated with ...

Published 28 Jul, 2025 05:42am

Business & Finance

Higher interest rates stifling economy: Gohar Ejaz

ISLAMABAD: Former caretaker federal minister Gohar Ejaz has stated that the monetary policy is strangling the...

Published 28 Jul, 2025 05:42am

Business & Finance

FCCI advocates ‘visible’ cut in interest rate

FAISALABAD: A visible cut in policy rate has become imperative to consolidate the economic achievements, reduce...

Published 28 Jul, 2025 05:42am

Industry

Smeda establishes facilitation desk at PCSTSI

PESHAWAR: The Small and Medium Enterprises Development Authority (Smeda) has established a facilitation desk at...

Published 28 Jul, 2025 05:42am

Industry

PAJCCI hails Pakistan-Afghanistan PTA

PESHAWAR: Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) has welcomed signing of Preferential Trade...

Published 28 Jul, 2025 05:42am

Industry

Concerns voiced over ‘renewed’ surge in inflation

LAHORE: The Businessmen Panel (BMP) has sounded the alarm over a renewed surge in inflation, warning that recent...

Published 28 Jul, 2025 05:33am

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%)
Kohat Textile / Jun 8 Kohat Textile Mills Limited(KOHTM)	109.78 ▲ 9.98 (10%)
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%)
Ruby Textile / Jun 8 Ruby Textile Mills Limited(RUBY)	22.50 ▲ 1.96 (9.54%)
D.S. Ind. Ltd. / Jun 8 D.S. Industries Limited(DSIL)	12.22 ▲ 1.03 (9.2%)
East West Ins. / Jun 8 East West Insurance Company Limited(EWIC)	57 ▲ 4.7 (8.99%)
Pak Qatar Gen.Takaful / Jun 8 Pak Qatar General Takaful Limited(PQGTL)	18.20 ▲ 1.5 (8.98%)

Stock	Price
Dawood Lawrencepur / Jun 8 Dawood Lawrencepur Limited(DLL)	60.80 ▼ -564.03 (-90.27%)
Ideal Spinning / Jun 8 Ideal Spinning Mills Limited(IDSM)	77.24 ▼ -8.58 (-10%)
Crescent Fib. / Jun 8 Crescent Fibres Limited(CFL)	54.26 ▼ -5.73 (-9.55%)
First Imrooz Mod. / Jun 8 First Imrooz Modaraba(FIMM)	195 ▼ -19.64 (-9.15%)
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%)
Shahzad Tex. / Jun 8 Shahzad Textile Mills Limited(SZTM)	61.65 ▼ -5.15 (-7.71%)
Javedan Corp.(Pref) / Jun 8 Javedan Corp.(Pref)(JVDCPS)	70.09 ▼ -5.58 (-7.37%)
Nagina Cot. / Jun 8 Nagina Cotton Mills Limited(NAGC)	65.75 ▼ -5.1 (-7.2%)
Tariq Corp.Pref. / Jun 8 Tariq Corporation Limited-Preference Shares(TCORPCPS)	12.40 ▼ -0.96 (-7.19%)

Stock	Volume
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	19,400,641 ▲ 0.48
Waves Home Appliances / Jun 8 Waves Home Appliances Limited(WAVESAPP)	17,078,846 ▲ 0.27
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	16,779,127 ▲ 0.59
D.S. Ind. Ltd. / Jun 8 D.S. Industries Limited(DSIL)	12,799,558 ▲ 1.03
Pak Qatar Gen.Takaful / Jun 8 Pak Qatar General Takaful Limited(PQGTL)	12,614,650 ▲ 1.5
Pace (Pak) Ltd. / Jun 8 Pace (Pakistan) Limited(PACE)	12,094,711 ▲ 0.36
Pak Qatar Family / Jun 8 Pak Qatar Family Takaful Limited(PAKQATAR)	11,878,549 ▲ 0.53
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	9,850,130 ▲ 0
Beco Steel Ltd / Jun 8 Beco Steel Limited(BECO)	9,165,502 ▼ -0.2
Oilboy Energy / Jun 8 Oilboy Energy Limited(OBOY)	8,276,451 ▲ 1.02

Most Popular