News Archives for Business & Finance - 2025-08-23

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Business & Finance - 2025-08-23

Companies

Tucson launch in 2020: Tribunal upholds CCP’s order against Hyundai for ‘deceptive marketing’

The Competition Appellate Tribunal (CAT) has upheld the order of the Competition Commission of Pakistan (CCP)...

Updated 23 Aug, 2025 10:15pm

Commodities

Gold price per tola gains Rs4,100 in Pakistan

Gold prices in Pakistan increased on Saturday in line with their gain in the international market. In the local...

Published 23 Aug, 2025 02:37pm

Currency

Pakistan must accelerate shift to new economy, says Aurangzeb

Technology is all about being faster, cheaper and better, says finance minister

Updated 23 Aug, 2025 05:33pm

South Asia

India says trade negotiations with US are still going on

MUMBAI: India’s foreign minister said on Saturday that trade negotiations with US are still going on but there are...

Published 23 Aug, 2025 12:22pm

Business & Finance

Direct flights, shipping routes proposed to strengthen Pakistan-Bangladesh ties

In a bid to strengthen trade ties, Pakistan’s Commerce Minister Jam Kamal Khan, along with Bangladesh’s Adviser for...

Updated 23 Aug, 2025 10:16pm

Cotton & Textile

Call to accelerate research activities on non-BT cotton varieties

LAHORE: Chief Executive Officer of the Pakistan Central Cotton Committee (PCCC) and Cotton Commissioner Ministry of...

Published 23 Aug, 2025 07:34am

Companies

CCP approves acquisition of certain assets of Merit Packaging by Kompass

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of certain assets of Merit...

Published 23 Aug, 2025 07:31am

Companies

PSC signs MoU with Fauji Fertilizer Company

LAHORE: The Punjab Seed Corporation (PSC) signed a Memorandum of Understanding (MoU) with the Fauji Fertilizer...

Published 23 Aug, 2025 07:28am

Industry

PAAPAM voices concerns on proposed tariff policy for FY2025-31

KARACHI: ‎Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has raised serious...

Published 23 Aug, 2025 07:14am

Pakistan

PDWP Punjab approves seven uplift schemes

LAHORE: The Provincial Development Working Party (PDWP) Punjab on Friday approved seven development schemes in the...

Published 23 Aug, 2025 07:07am

Business & Finance

ADB to back Pak rail upgrade as China financing stalls

ISLAMABAD: The Asian Development Bank will fund upgrades to part of Pakistan’s creaking railway system, replacing...

Published 23 Aug, 2025 06:11am

Pakistan

President constitutes 11th NFC

ISLAMABAD: The President of Pakistan has constituted the 11th National Finance Commission (NFC), which would be...

Updated 23 Aug, 2025 06:57am

Business & Finance

Imports’ rules for Poly Vinyl Alcohol clarified

LAHORE: The customs authorities have issued guidelines for the release of consignments of Poly Vinyl Alcohol (PVA), ...

Published 23 Aug, 2025 06:11am

Industry

PCJCCI describes CPEC a ‘game-changer’ for Afghanistan

LAHORE: The China-Pakistan Economic Corridor (CPEC) presents significant opportunities for Afghanistan’s...

Published 23 Aug, 2025 06:11am

Industry

BMP voices its opposition to imposition of retrospective gas arrears on industries

LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has...

Published 23 Aug, 2025 06:11am

Companies

Jazz audit notes: PTA rejects protocol violation claims

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has firmly rejected claims that it violated regulatory...

Published 23 Aug, 2025 06:11am

Money & Banking

Dollar drops broadly

NEW YORK: The dollar dropped broadly on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate...

Published 23 Aug, 2025 06:11am

Money & Banking

Asian currencies: Taiwan dollar heads for worst week in a decade

BENGALURU: Taiwan’s dollar led Asian currency declines on Friday, logging a seventh straight session of losses and...

Published 23 Aug, 2025 06:11am

Industry

LCCI chief assures DG Environment of implementing steps to address pollution concerns

LAHORE: The President of the Lahore Chamber of Commerce and Industry (LCCI), Mian Abuzar Shad, has emphasized that...

Updated 23 Aug, 2025 07:23am

Companies

Soneri Bank collaborates with MG Motors

KARACHI: Soneri Bank has announced a special collaboration with MG Motors Pakistan, offering both conventional and...

Updated 23 Aug, 2025 06:19am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	278.60
USD PKR Interbank Buying / Jun 8	278.40
USD to Japanese Yen / Jun 8	160.18
USD to Swiss Franc / Jun 8	0.80
Pound Sterling to USD / Jun 8	1.33
Euro to USD / Jun 8	1.15
SOFR % / Jun 8	3.62

Stock	Volume
S&P 500 / Jun 8	7,405.73
India Sensex / Jun 8	73,524.26
Tokyo Nikkei / Jun 8	64,024.60
Nasdaq / Jun 8	25,929.66
Hang Seng / Jun 8	24,657.06
FTSE 100 / Jun 8	10,373.20
Dow Jones / Jun 8	50,786.01
Germany DAX 30 / Jun 8	24,616.22
France CAC40 / Jun 8	8,199.29

Item	Value
Crude Oil USD/Barrel / Jun 8	91.34
Gold 10 Grams PKR / Jun 8	386,987
Gold Spot USD/Ounce / Jun 8	4,326.41
Cotton US¢/pound / Jun 8	77.61
Petrol/Litre / Jun 9	377.78
Diesel/Litre / Jun 9	380.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 8 First Fidelity Leasing Modaraba(FFLM)	8.76 ▲ 1 (12.89%)
Gulistan Sp. / Jun 8 Gulistan Spinning Mills Limited(GUSM)	9.03 ▲ 1 (12.45%)
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	10.33 ▲ 1 (10.72%)
Pak. P.V.C. / Jun 8 Pakistan PVC Limited(PPVC)	19.53 ▲ 1.78 (10.03%)
Cresent Jute / Jun 8 Crescent Jute Products Limited(CJPL)	14.73 ▲ 1.34 (10.01%)
D.S. Ind. Ltd. / Jun 8 D.S. Industries Limited(DSIL)	12.31 ▲ 1.12 (10.01%)
Oilboy Energy / Jun 8 Oilboy Energy Limited(OBOY)	16.82 ▲ 1.53 (10.01%)
Quantum Data Tech. / Jun 8 Quantum Data Technologies Limited(QTECH)	33.95 ▲ 3.09 (10.01%)
Nagina Cot. / Jun 8 Nagina Cotton Mills Limited(NAGC)	77.94 ▲ 7.09 (10.01%)
Shams Textile / Jun 8 Shams Textile Mills Limited(STML)	41.99 ▲ 3.82 (10.01%)

Stock	Price
Dawood Lawrencepur / Jun 8 Dawood Lawrencepur Limited(DLL)	60.49 ▼ -564.34 (-90.32%)
Azgard Nine (Non-Voti) / Jun 8 Azgard Nine (Non-Voti)(ANLNV)	7.42 ▼ -0.98 (-11.67%)
Ruby Textile / Jun 8 Ruby Textile Mills Limited(RUBY)	18.49 ▼ -2.05 (-9.98%)
Aisha Steel(ConPS) / Jun 8 Aisha Steel(ConPS)(ASLPS)	28.85 ▼ -3.15 (-9.84%)
Elahi Cotton / Jun 8 Elahi Cotton Mills Limited(ELCM)	176.66 ▼ -19.18 (-9.79%)
Javedan Corp.(Pref) / Jun 8 Javedan Corp.(Pref)(JVDCPS)	68.40 ▼ -7.27 (-9.61%)
Ideal Spinning / Jun 8 Ideal Spinning Mills Limited(IDSM)	77.65 ▼ -8.17 (-9.52%)
Power Cem(Pref) / Jun 8 Power Cement (Pref)(POWERPS)	25.57 ▼ -2.46 (-8.78%)
F.Credit & Inv / Jun 8 First Credit and Investment Bank Limited(FCIBL)	37 ▼ -3.49 (-8.62%)
Tri-Star Mutual / Jun 8 Tri-Star Mutual Fund Limited(TSMF)	17.48 ▼ -1.64 (-8.58%)

Stock	Volume
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	60,567,709 ▲ 1
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	42,410,725 ▲ 0.74
Pace (Pak) Ltd. / Jun 8 Pace (Pakistan) Limited(PACE)	26,156,618 ▼ -0.07
Waves Home Appliances / Jun 8 Waves Home Appliances Limited(WAVESAPP)	24,010,462 ▲ 0.06
Thatta Cement / Jun 8 Thatta Cement Company Limited(THCCL)	22,234,491 ▲ 3.04
Beco Steel Ltd / Jun 8 Beco Steel Limited(BECO)	20,895,260 ▼ -0.26
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	20,707,751 ▼ -0.01
Pak Qatar Family / Jun 8 Pak Qatar Family Takaful Limited(PAKQATAR)	20,529,844 ▲ 0.58
D.S. Ind. Ltd. / Jun 8 D.S. Industries Limited(DSIL)	20,239,775 ▲ 1.12
Pak Qatar Gen.Takaful / Jun 8 Pak Qatar General Takaful Limited(PQGTL)	19,782,746 ▲ 1.67

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