News Archives for Business & Finance - 2025-10-03

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Business & Finance - 2025-10-03

Pakistan

PIA set to resume direct flights to UK this month

Pakistan International Airlines (PIA) is set to resume direct flight operations to the United Kingdom this month...

Published 03 Oct, 2025 11:54pm

Money & Banking

Islamic banking has secured 25% of industry share, says former SBP governor

KARACHI: Islamic banking is gaining traction in Pakistan as its share has grown to a quarter of the entire banking...

Published 03 Oct, 2025 11:04pm

Business & Finance

PCAA suspends Serene Air’s licence over lack of serviceable aircraft

The Pakistan Civil Aviation Authority (PCAA) has suspended the Air Operator Certificate (AOC) of Serene Air after...

Published 03 Oct, 2025 10:50pm

Business & Finance

PTC warns of export slump, industrial closures amid cost crisis

The Pakistan Textile Council (PTC) has sounded alarm over the country’s deteriorating export performance and growing...

Published 03 Oct, 2025 10:15pm

Companies

Master Changan sells 1000+ New Karvaan Power Plus 1.2L in 50 Days, Now Launches New Karvaan Power Comfort 1.2L

In August 2025, Master Changan Motors Limited (MCML) successfully introduced the all new Karvaan Power Plus 1.2L...

Published 03 Oct, 2025 07:24pm

Business & Finance

FBR busts tax evasion scam at Karachi airport involving electronics worth millions

Swift action by Collectorate of Customs Airport Karachi restores controls at JIAP

Published 03 Oct, 2025 04:13pm

Financial

Gold prices remain stable in Pakistan at Rs407,778

Gold prices in Pakistan remained unchanged on Friday in line with their loss in the international market. In the...

Published 03 Oct, 2025 03:32pm

Companies

Dewan Salman Fibre Limited announces key appointments

The Dewan Salman Fibre Limited announced on Friday key appointments in the company. The development was shared in a...

Published 03 Oct, 2025 03:21pm

Business & Finance

Pakistan, UAE discuss cooperation on railway modernisation

Pakistan and the United Arab Emirates (UAE) have discussed opportunities to enhance cooperation in upgrading...

Published 03 Oct, 2025 02:04pm

Business & Finance

‘Growing Pak-US ties good news for economy, trade and energy collaboration’

However, experts warn it must not impact relations with China

Updated 03 Oct, 2025 08:50pm

Companies

Philip Morris Pakistan to be delisted from Oct 6

Philip Morris Investments B.V., the majority shareholder of Philip Morris (Pakistan) Limited (PMPK), announced on...

Published 03 Oct, 2025 01:22pm

Energy

Pakistani textile firm begins work on 2.57MW solar power project amid rising fuel costs

To mitigate rising fuel costs, Artistic Denim Mills Limited (ADML), a leading player in Pakistan’s textile industry,...

Published 03 Oct, 2025 11:42am

Stocks

Hong Kong stocks retreat from four-year highs as investors pocket gains

The Hong Kong benchmark Hang Seng was down 0.87%

Published 03 Oct, 2025 11:28am

Commodities

Soybeans slip but head for weekly gain on Trump-Xi deal hopes

CANBERRA: Chicago soybean futures edged lower on Friday as a two-day rally lost steam, but were still set to end the...

Published 03 Oct, 2025 11:22am

Stocks

Australian shares edge higher on tech, healthcare boost; set for best week in 11

The S&P/ASX 200 index rose 0.1% to 8,953.70

Published 03 Oct, 2025 11:20am

Forex

Australia, NZ dollars up for week, diverging rate outlook favours Aussie

It was up 0.8% for the week and near the middle of its recent $0.6521 to $0.6707 range

Published 03 Oct, 2025 11:16am

Forex

Indian rupee negative drift demands central bank firepower

The Reserve Bank of India has been stepping in to ensure the rupee’s decline remains orderly

Published 03 Oct, 2025 11:14am

Stocks

India’s stock benchmarks likely to open higher on central bank’s lending boost

Gift Nifty futures were trading at 24,929.5 points

Published 03 Oct, 2025 11:10am

Forex

Yen trims weekly advance as investors weigh BOJ, election impacts

The dollar index, which measures the greenback against a basket of key currencies, rose 0.1% to 97.90

Published 03 Oct, 2025 11:08am

Energy

Oil rises 1% after fire at US refinery, set to snap four-session losing streak

Brent crude futures gained 61 cents, or 1%, to $64.73 a barrel

Updated 03 Oct, 2025 01:57pm

Commodities

Palm steady, set for weekly gain on short covering

Soyoil prices on the Chicago Board of Trade were up 0.2%

Published 03 Oct, 2025 10:56am

Mutual Funds

Japan yields edge to 2008 high ahead of LDP leadership vote

The new 10-year note yielded 1.67%, a level last seen in July 2008

Published 03 Oct, 2025 10:54am

Stocks

Asian stocks poised for weekly gains on rate cut wagers, AI fervour

MSCI's index of Asia-Pacific shares was up 0.3%, hitting a record high for second straight session

Published 03 Oct, 2025 10:52am

Currency

Rupee registers slight improvement against US dollar

Currency settles at 281.26 against greenback

Updated 03 Oct, 2025 09:20pm

Companies

Pakistan’s SLG-Trax eyes acquiring Singapore’s Finova

Pakistan’s Secure Logistic-Trax Ltd (SLG-Trax) has approved talks to acquire Singapore-based Finova Technologies,...

Published 03 Oct, 2025 10:04am

Stocks

Late selling pares intra-day gains, but KSE-100 still ends at record high

Benchmark index gains 4.15% week-on-week

Updated 03 Oct, 2025 07:15pm

Pakistan

PSQCA and BSI collaborate under UK govt’s SPP

KARACHI: The Pakistan Standards and Quality Control Authority (PSQCA) and the British Standards Institution (BSI)...

Published 03 Oct, 2025 07:31am

Energy

OPEC oil output rises further in Sept, survey finds

LONDON: OPEC’s oil output rose further in September after an OPEC+ agreement to raise production, a Reuters survey...

Published 03 Oct, 2025 07:20am

Business & Finance

Economy improves, statistics show better GDP index: Gillani

PESHAWAR: Acting president of Pakistan and Senate Chairman Syed Yousaf Raza Gillani Thursday said economic ...

Updated 03 Oct, 2025 08:12am

Industry

Pakistan Business Summit 2025: Peshawar positioned as next regional hub of commerce

PESHAWAR: Peshawar, the “Gateway to Central Asia,” hosted the Pakistan Business Summit 2025 under the patronage...

Published 03 Oct, 2025 05:47am

Money & Banking

Dollar gains against euro and yen

LONDON: The dollar gained against the euro and yen on Thursday with the greenback’s rebound against the Japanese...

Published 03 Oct, 2025 05:47am

Industry

Q1 cement despatches increase 16.25pc to 12.61 million tons YoY

LAHORE: Cement despatches — both domestic and exports — recorded a growth of 16.25 percent in the first quarter...

Published 03 Oct, 2025 05:47am

Industry

PAAPAM concerned over IMF’s recent push for trade liberalisation

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has expressed strong...

Published 03 Oct, 2025 05:47am

Industry

LCCI pledges to intensify efforts to help govt achieve economic excellence

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday pledged to intensify its efforts to help...

Published 03 Oct, 2025 05:47am

Business & Finance

Trade, investment: ‘Logistics sector becomes major structural bottleneck in Pakistan’

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the Policy Advisory Board of the Federation of...

Updated 03 Oct, 2025 07:42am

Business & Finance

Significance of transport corridors underscored: Pakistan, Tajikistan commit early rollout of CASA-1000

ISLAMABAD: Pakistan and Tajikistan underscored the significance of regional transport corridors and reaffirmed their...

Published 03 Oct, 2025 05:47am

Companies

P&G too winding down operations

KARACHI: Procter & Gamble (P&G) has announced to discontinue operations in Pakistan as part of a global...

Published 03 Oct, 2025 05:47am

Companies

CCP clears proposed acquisition of SAA Services by Systems Ltd

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of SAA Services...

Published 03 Oct, 2025 05:47am

Business & Finance

China’s banks lend to Saudi gas project

DUBAI: China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have...

Published 03 Oct, 2025 05:47am

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 8	329.82
Diesel/Litre / Aug 8	382.36

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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