News Archives for Business & Finance - 2025-08-16 - Business Recorder

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اردو

Nov 15, 2026 اردو

Print Edition BR Markets Dollar to PKR

Daily Petrol Prices IMF-World Bank meetings Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices

Air Canada set to shut down over flight attendants strike

Companies

Air Canada set to shut down over flight attendants strike

TORONTO: Air Canada’s flight attendants were poised to strike on Saturday as the carrier cancelled hundreds of...

Published 16 Aug, 2025 07:53pm

Gold price per tola sheds Rs900 in Pakistan

Commodities

Gold price per tola sheds Rs900 in Pakistan

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

Updated 16 Aug, 2025 05:21pm

Urgent intervention sought to resolve Customs clearance delay

Business & Finance

Urgent intervention sought to resolve Customs clearance delay

LAHORE: Customs agents are perturbed over undue delay in the clearance process of their Baggage Declarations, ...

Published 16 Aug, 2025 07:36am

SBP issues coin to mark ‘Marka-e-Haq’

Money & Banking

SBP issues coin to mark ‘Marka-e-Haq’

KARACHI: The State Bank of Pakistan (SBP) has issued Rs75 commemorative coin to celebrate Marka-e-Haq. To honor the...

Published 16 Aug, 2025 07:34am

72pc cos rely on multi-vendor ecosystems: report

Business & Finance

72pc cos rely on multi-vendor ecosystems: report

ISLAMABAD: The majority of companies (72%) rely on multi-vendor ecosystems despite the fact that such fragmented...

Published 16 Aug, 2025 07:28am

Indian financial markets closed

Stocks

Indian financial markets closed

MUMBAI: India’s equity, currency and debt markets closed on Friday, August 15, for a local holiday. Trading will...

Published 16 Aug, 2025 07:26am

Asian currencies struggle after US data

Stocks

Asian currencies struggle after US data

BENGALURU: Asian stocks slipped on Friday after an above-forecast US producer price print tempered expectations for ...

Published 16 Aug, 2025 07:21am

Dollar slips

Money & Banking

Dollar slips

NEW YORK: The dollar eased on Friday as a data-heavy week wound down, keeping the case for a September Federal...

Published 16 Aug, 2025 07:20am

Forex reserves up $11m

Business & Finance

Forex reserves up $11m

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $11 million during the week ended...

Published 16 Aug, 2025 06:55am

JazzCash, EFU Life launch fully digital insurance service

Companies

JazzCash, EFU Life launch fully digital insurance service

ISLAMABAD: JazzCash, Pakistan’s leading digital wallet, and EFU Life, one of the country’s premier life and...

Published 16 Aug, 2025 06:54am

Solar Pakistan 2025 opens at Expo Centre

Business & Finance

Solar Pakistan 2025 opens at Expo Centre

KARACHI: Pakistan’s premier alternative energy exhibition, Solar Pakistan 2025, opened today at the Karachi Expo...

Updated 16 Aug, 2025 11:18am

Hydrocarbon production output in FY25 hits 20-year low

Energy

Hydrocarbon production output in FY25 hits 20-year low

KARACHI: Pakistan’s hydrocarbon production plunged to its lowest level in over two decades in FY25, with oil and...

Published 16 Aug, 2025 06:17am

Independence Day brings message of economic growth: UBG

Industry

Independence Day brings message of economic growth: UBG

KARACHI: The country’s economic indicators are moving in a positive direction, and improving trade relations with...

Published 16 Aug, 2025 06:17am

Food exports stand at around $3bn: official

Business & Finance

Food exports stand at around $3bn: official

LAHORE: Pakistan’s food exports currently stand at around US $3 billion, with the potential to rise to US $10...

Published 16 Aug, 2025 06:17am

Weekly SPI inflation up 0.31pc

Commodities

Weekly SPI inflation up 0.31pc

ISLAMABAD: The Sensitive Price Index-based inflation witnessed an increase of 0.31 percent for the week ended August...

Published 16 Aug, 2025 06:17am

PM reiterates support for CPEC’s industrial component

Business & Finance

PM reiterates support for CPEC’s industrial component

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reaffirmed Pakistan’s commitment to advancing the industrial...

Published 16 Aug, 2025 06:17am

Bilateral trade, investment: Pakistan, US vow to boost cooperation

Business & Finance

Bilateral trade, investment: Pakistan, US vow to boost cooperation

ISLAMABAD: Pakistan and the United States have reaffirmed their commitment to strengthening bilateral trade and...

Published 16 Aug, 2025 06:17am

HSD price cut by Rs12.84

Energy

HSD price cut by Rs12.84

ISLAMABAD: On the evening of Friday, the federal government announced a decrease in the price of most petroleum...

Published 16 Aug, 2025 06:17am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Fuel Prices

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Today
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Govt reduces petrol price by Rs2 per litre, keeps diesel rate unchanged

Govt reduces petrol price by Rs2 per litre, keeps diesel rate unchanged

FBR splits tax depts in major organisational changes

FBR splits tax depts in major organisational changes

US to resume flights after air traffic network failure sparks chaos

US to resume flights after air traffic network failure sparks chaos

Major among four soldiers martyred, 24 terrorists killed in Balochistan, KP operations: ISPR

Major among four soldiers martyred, 24 terrorists killed in Balochistan, KP operations: ISPR

FBR to assess IRS officials’ capabilities on 17th

FBR to assess IRS officials’ capabilities on 17th

Nishat Group to invest in new port: minister

Nishat Group to invest in new port: minister

Rupee records gain against US dollar

Rupee records gain against US dollar

Pakistan climate minister to attend SCO dialogue in New Delhi

Pakistan climate minister to attend SCO dialogue in New Delhi

Mineral wealth: PM, Barrick chief discuss investment

Mineral wealth: PM, Barrick chief discuss investment