News Archives for Business & Finance - 2025-09-29

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Business & Finance - 2025-09-29

Money & Banking

SBP designated as resolution authority to deal with distressed banks, protect depositor interests

Central bank establishes Financial Institutions Resolution Department for orderly resolution of distressed/problem banks

Published 29 Sep, 2025 10:06pm

Stocks

London stocks rise as financials lead gains; US government shutdown looms

London stocks rose on Monday, with financial and industrial names leading gains, while investors focused on a...

Published 29 Sep, 2025 09:33pm

Stocks

TSX rises as gold gains amid fears of US government shutdown

Canada’s commodity-heavy main stock index rose on Monday, led by gains in mining shares, as investors weighed...

Published 29 Sep, 2025 09:27pm

Technology

Musk’s X ‘deeply concerned’ by Indian court order over content takedown, plans appeal

Social media platform X said on Monday that it was “deeply concerned” by an Indian court’s ruling that quashed its...

Published 29 Sep, 2025 08:43pm

Companies

VW to overhaul India business amid market pressures, company memo shows

NEW DELHI: Volkswagen Group is restructuring its business in India, a key growth market for the carmaker where it...

Published 29 Sep, 2025 08:37pm

Companies

Hindustan Unilever pares losses on hopes demand will recover as prices stabilise

Indian consumer giant Hindustan Unilever pared most losses after falling as much as 2.7% on Monday as investors...

Published 29 Sep, 2025 08:33pm

Commodities

India’s SEBI bars Man Industries, top executives for two years over alleged fund diversion

India’s market regulator barred Man Industries and three of its top executives, including the chairman, from...

Published 29 Sep, 2025 07:54pm

Stocks

S&P 500, Nasdaq rise as investors look past hawkish talk, await shutdown clarity

The S&P 500 and the Nasdaq indexes gained on Monday, kicking off a potentially turbulent week on a strong...

Published 29 Sep, 2025 07:41pm

Stocks

Most stock markets gain on US rate cut hopes

Most stock markets in the Gulf closed higher on Monday, supported by investor optimism that the U.S. Federal Reserve...

Published 29 Sep, 2025 07:27pm

Stocks

Sri Lankan shares post tenth consecutive session of gains

CSE All-Share index rose nearly 0.4% to 21,676.30

Published 29 Sep, 2025 05:08pm

Asia

China’s DeepSeek releases ‘intermediate’ AI model on route to next generation

BEIJING: Chinese AI developer DeepSeek has released its “experimental” latest model, which it said was more...

Published 29 Sep, 2025 04:51pm

Financial

India benchmark bonds fall on supply reshuffle before RBI policy

MUMBAI: Benchmark Indian government bonds fell on Monday following an increase in the share of their issuance in New...

Published 29 Sep, 2025 04:46pm

South Asia

Moody’s affirms India’s sovereign ratings, retains ‘stable’ outlook

Moody’s Ratings on Monday has affirmed India’s long-term local and foreign-currency sovereign ratings and retained...

Published 29 Sep, 2025 04:42pm

Forex

Indian rupee anchored near record low on outflows, corporate dollar demand

MUMBAI: The Indian rupee closed near its all-time low on Monday as lingering foreign portfolio outflows and...

Published 29 Sep, 2025 04:32pm

Commodities

Copper gains on weaker dollar and supply concerns

LONDON: Copper prices rose on Monday, supported by a weaker dollar and concerns over global supply after an accident...

Published 29 Sep, 2025 04:28pm

Commodities

Palm falls on weak soyoil, but expectations of lower stocks limits losses

KUALA LUMPUR: Malaysian palm oil futures reversed gains to close lower on Monday for the second consecutive session,...

Published 29 Sep, 2025 04:24pm

Stocks

India’s equity benchmarks slip for 7th day, led by private banks

India’s equity benchmarks extended their losing streak on Monday, as weakness in heavyweight private banks...

Published 29 Sep, 2025 04:18pm

Money & Banking

SBP unveils interest-free financing scheme for e-bikes, e-rickshaws

The federal government, in its bid to accelerate the adoption of green technology, has unveiled the ‘Cost Sharing...

Published 29 Sep, 2025 04:14pm

Markets

India’s industrial output rises 4% y/y in August

NEW DELHI: India’s industrial output grew 4% year-on-year in August on the back of increased mining activity,...

Published 29 Sep, 2025 04:13pm

Commodities

Arabica coffee prices rise, cocoa and sugar also up

LONDON: Arabica coffee futures on ICE rose on Monday, boosted by the recent decline in exchange stocks, while cocoa...

Published 29 Sep, 2025 04:07pm

Commodities

Pakistan buys 80,000 tons sugar, seeks 100,000 tons more

HAMBURG: Pakistan’s state agency the Trading Corporation of Pakistan (TCP) issued a tender to purchase 100,000...

Published 29 Sep, 2025 03:53pm

Companies

Airlink profit jumps to Rs4.75bn in FY25

Despite lower revenue, Airlink Communication Limited reported a consolidated profit of Rs4.75 billion for the year...

Published 29 Sep, 2025 03:33pm

Financial

Gold prices in pakistan cross Rs400,000 per tola, hit new record

Gold prices in Pakistan hit a fresh record high on Monday, in line with their increase in the international rates....

Published 29 Sep, 2025 02:59pm

Energy

Saudi Arabia expected to lift November crude prices to Asia

The premium hit $3.63 a barrel on September 15, a 6-month high

Published 29 Sep, 2025 02:47pm

Taxes

Income tax returns must be filed by Sept 30, clarifies FBR

The Federal Board of Revenue (FBR) has categorically dismissed reports of any extension in the deadline for filing...

Published 29 Sep, 2025 02:12pm

Companies

Mandviwala Mauser Plastic approves Rs250mn expansion plan

Mandviwala Mauser Plastic Industries Limited announced on Monday that it had approved the expansion plan of Rs250...

Published 29 Sep, 2025 01:52pm

Stocks

European shares gain on healthcare, technology boost

The pan-European STOXX 600 rose 0.2% to 555.8 point

Published 29 Sep, 2025 12:53pm

Markets

Lufthansa announces 4,000 job cuts and higher profitability targets

MUNICH: Lufthansa will cut 4,000 administrative jobs by 2030 and set higher profitability targets, the German...

Published 29 Sep, 2025 12:43pm

Markets

Mercedes cuts EVs’ environment footprint with low-carbon aluminium

AARDAL: Aluminium made with renewable power and from recycling is helping luxury automaker Mercedes-Benz cut CO2...

Published 29 Sep, 2025 12:39pm

Markets

AstraZeneca to switch to direct US listing, retain UK base

AstraZeneca plans to directly list its shares on the New York Stock Exchange, instead of its current depositary...

Published 29 Sep, 2025 12:33pm

Markets

UK’s Reeves says she wants only one full budget assessment a year

The International Monetary Fund have said that we should move to just one major fiscal event a year, and I agree with their recommendations

Published 29 Sep, 2025 12:30pm

Stocks

Pakistan’s Big Bird Foods proposes converting Rs1.5bn director loans into equity

The Board of Directors of Big Bird Foods Limited (BBFL), a Pakistani chicken processing unit, has considered a...

Published 29 Sep, 2025 11:54am

Markets

Gold’s glitter dims for Pakistan weddings amid soaring prices

KARACHI: In the bustling wedding halls in Karachi, Lahore, and other Pakistan cities, where tradition once dictated...

Updated 29 Sep, 2025 05:12pm

Business & Finance

IMF talks with MoF kick off in Islamabad

The much-anticipated talks between the Ministry of Finance (MoF) and the International Monetary Fund (IMF) kicked...

Updated 29 Sep, 2025 01:01pm

Currency

Rupee registers gain against US dollar

Currency settles at 281.35 against the greenback

Updated 29 Sep, 2025 09:06pm

Markets

Hindustan Unilever shares down 2.7% on sales impact forecast

Shares of India’s Hindustan Unilever fell 2.7% early on Monday after the consumer goods giant warned that the recent...

Published 29 Sep, 2025 10:24am

Stocks

India’s equity benchmarks edge higher, led by energy shares

The Nifty was up 0.43% at 24,761.5, while the BSE Sensex added 0.39% to 80,745.23

Published 29 Sep, 2025 10:17am

Stocks

Records tumble: KSE-100 settles above 163,000 level amid broad-based buying

Benchmark index gains nearly 1,600 points during trading on Monday

Updated 29 Sep, 2025 09:23pm

Markets

Toyota’s August sales grow for eighth month on robust US demand

Its global vehicle production rose 4.9%, a third consecutive month of growth

Published 29 Sep, 2025 09:50am

Forex

Dollar on the defensive before data releases, risk of US government shutdown

Against the yen , the dollar was down 0.2% to 149.24

Published 29 Sep, 2025 09:48am

Forex

Indian rupee, government bonds to track RBI decision

The rupee closed at 88.7175 on Friday, touching a record low of 88.7975 per dollar earlier in the week

Published 29 Sep, 2025 09:46am

Bullion Rate

Gold hits record high as soft dollar, rate-cut bets lift appeal

Spot gold was up 0.8% at $3,789.39 per ounce

Published 29 Sep, 2025 09:43am

Stocks

Shares edge higher in Asia, dollar dips as US government risks shutdown

MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.4%, to be up almost 4% for the month

Published 29 Sep, 2025 09:38am

Energy

Oil prices drop more than 3% as OPEC+ plans for oil output hike

Brent crude futures dropped $2.42, or 3.5%, to $67.71 a barrel

Published 29 Sep, 2025 02:56am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 10	327.62
Diesel/Litre / Aug 10	380.86

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02

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