News Archives for Business & Finance - 2025-10-02

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Business & Finance - 2025-10-02

Money & Banking

Digitalisation: all govt payments will go via Raast by FY26, says SBP

Over Rs11 trillion of cash available in Pakistan economy, says central bank official

Updated 02 Oct, 2025 10:48pm

Business & Finance

SBP reserves rise by $21mn, stand at $14.4bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $21 million on a weekly basis,...

Updated 02 Oct, 2025 07:35pm

Business & Finance

Pakistan’s Liven Pharma announces first export to Arab region

Liven Pharma Limited announced on Thursday its first successful export to the Arab region. The company disclosed in...

Published 02 Oct, 2025 03:45pm

Stocks

Stocks grind higher, markets mull U.S. shutdown impact

LONDON/TOKYO: Global stocks gained and gold traded near record highs on Thursday as investors digested the potential...

Published 02 Oct, 2025 03:43pm

Business & Finance

NLC makes Angoor Adda Border Terminal function in just 30 days

NLC says it developed requisite infrastructure to make fully functional terminal

Published 02 Oct, 2025 03:12pm

Business & Finance

Pakistani textile firm considering merger to revive fortune

Haji Mohammad Ismail Mills Limited said on Thursday it was considering a merger with and into a prosperous company...

Published 02 Oct, 2025 01:48pm

Commodities

Gold price per tola falls Rs2,500 in Pakistan

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

Updated 02 Oct, 2025 06:20pm

Markets

In an Indian hinterland town, hotels become Japanese havens for auto expats

VITHALAPUR: In India’s Gujarat, eating meat or seafood is frowned upon, but in the state’s dusty industrial town of...

Published 02 Oct, 2025 12:55pm

Markets

OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says

The share sale adds to SoftBank's earlier investment in OpenAI's $40 billion primary funding round

Published 02 Oct, 2025 12:45pm

Business & Finance

After $500mn settlement, Pakistan assures smooth $1.3bn Eurobond repayment next year

Finance Minister Muhammad Aurangzeb on Thursday said that Pakistan is ‘well-positioned’ to repay a $1.3 billion...

Updated 02 Oct, 2025 10:18pm

Markets

Alibaba mapping logs record for daily users on first day of China holiday

HONG KONG: Alibaba’s mapping app Amap recorded more than 360 million daily active users on the first day of China’s...

Published 02 Oct, 2025 12:11pm

Companies

Ghani Value Glass installs new screen printing glass project

Ghani Value Glass Limited announced on Thursday that it had successfully installed its new screen printing glass...

Published 02 Oct, 2025 11:04am

Forex

Australia, NZ dollars edge up, domestic data disappoints

The kiwi dollar added 0.2% to $0.5818, after bouncing 0.3% overnight as speculators took profits on short positions

Published 02 Oct, 2025 10:54am

Stocks

Miners, gold stocks power Australian shares higher; Wall Street gains add lift

The benchmark ended 0.1% lower on Wednesday

Published 02 Oct, 2025 10:51am

Stocks

Japan’s Nikkei rises after 4 days of losses as chip-related shares jump

The Nikkei rose 0.28% to 44,675.96 by the midday break after shedding 2.6% in the last four sessions

Published 02 Oct, 2025 10:49am

Stocks

Records continue to tumble at PSX as KSE-100 settles above 168,000

Benchmark index gains over 1.7% during the day

Updated 02 Oct, 2025 07:15pm

Commodities

Palm rises on stronger soyoil, positive export demand

Stronger crude oil futures make palm a more attractive option for biodiesel feedstock

Published 02 Oct, 2025 10:45am

Markets

Citigroup lifts ether outlook, trims bitcoin view on shifting investor flows

Citigroup raised its year-end price target for ether to $4,500 from $4,300, citing strong flows from ETFs and...

Published 02 Oct, 2025 10:41am

Currency

Rupee strengthens against US dollar

Currency settles at 281.27 against greenback in inter-bank market

Updated 02 Oct, 2025 09:36pm

Energy

Solar-powered farming is digging Pakistan into a water catastrophe

MURIDKE: Karamat Ali’s cows and buffalos once provided his multi-generational family with milk. But earlier this...

Published 02 Oct, 2025 10:04am

Companies

Procter & Gamble to exit Pakistan as part of global restructuring

Following the announcement, Gillette Pakistan Limited is to delist from PSX

Updated 02 Oct, 2025 10:50pm

Forex

Dollar gains as Supreme Court allows Fed’s Cook to stay in job for now

The dollar’s broader index measure against a basket of key currencies edged up 0.1% to 97.80

Published 02 Oct, 2025 09:48am

Stocks

Tech leads Asia share rally, gold near record high on Fed rate cut bets

Hong Kong’s Hang Seng added 0.5%

Published 02 Oct, 2025 09:35am

Bullion Rate

Gold hovers near all-time high on Fed rate-cut bets, US shutdown

Spot gold held its ground at $3,866.05 per ounce

Published 02 Oct, 2025 09:31am

Energy

Oil prices drop to four-month lows on oversupply concerns

NEW YORK: Oil prices fell over 1% to their lowest in four months on Thursday, extending a run of declines into a...

Updated 02 Oct, 2025 09:17pm

Money & Banking

Indian benchmarks snap losing run on cenbank lending boost

MUMBAI: India’s stock benchmarks snapped their longest losing streak in seven months on Wednesday, bolstered by...

Published 02 Oct, 2025 02:50am

Business & Finance

Floods push essential items’ prices up in Pakistan

ISLAMABAD: Floods finally take their toll on prices of essential commodities, as inflation benchmark Consumer Price...

Updated 02 Oct, 2025 07:42am

Taxes

Super tax case: taxpayers’ lawyer argues as SC hears FBR appeals

ISLAMABAD: The Supreme Court was told that Super Tax under Section 4C cannot be imposed by disallowing carried...

Published 02 Oct, 2025 02:50am

Companies

HOP signs MoU with PMI USA (Lahore Chapter)

LAHORE: The House of Professionals (HOP), Lahore, has signed a Memorandum of Understanding (MoU) with the Project...

Published 02 Oct, 2025 02:50am

Industry

DGTO grants APCAA 60 days to amend its bylaws

KARACHI: While dismissing the complaints challenging Arshad Khurshid as Chairman of the All Pakistan Customs Agents...

Published 02 Oct, 2025 02:50am

Industry

MRL and Aflatoxin compliance: TDAP concludes Punjab rice seminar series in Sialkot

SIALKOT: The Trade Development Authority of Pakistan (TDAP) successfully concluded its five-seminar series on...

Published 02 Oct, 2025 02:50am

Companies

TOMCL begins operations at KEPZA thru subsidiary

KARACHI: The Organic Meat Company Limited (TOMCL) has announced the commencement of operations at its Karachi Export...

Published 02 Oct, 2025 02:50am

Industry

Green Pakistan Project: TMA holds technical workshop aimed at reducing water footprint in textile industry

KARACHI: The Towel Manufacturers Association of Pakistan (TMA), in association with German Cooperation, Sequa, and...

Published 02 Oct, 2025 02:50am

Money & Banking

Dollar slumps as govt shutdown raises uncertainty

NEW YORK: The US dollar slid to two-week lows against the yen on Wednesday after data showed private-sector jobs in...

Published 02 Oct, 2025 02:50am

Money & Banking

Asian currencies muted

BENGALURU: Philippine stocks snapped a seven-day slide and those in Malaysia scaled a nine-month peak on Wednesday ...

Published 02 Oct, 2025 02:50am

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 9	327.62
Diesel/Litre / Aug 9	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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