News Archives for Business & Finance - 2025-10-18

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Business & Finance - 2025-10-18

Industry

Pakistan to launch national action plan to protect endangered sharks in Arabian Sea

Pakistan is preparing to roll out a national action plan aimed at safeguarding vulnerable shark species in the...

Published 18 Oct, 2025 09:12pm

Companies

Astrik and Grant Thornton partner with JS Bank to automate IFRS 9 ECL & EIR framework

Astrik, in partnership with Grant Thornton, has officially signed an engagement letter with JS Bank to develop and...

Published 18 Oct, 2025 06:46pm

Business & Finance

Pakistan Housing Affordability Index falls to 0.4 in 2025

KARACHI: Pakistan’s housing affordability index has dropped to 0.4 from 0.5, reflecting worsening affordability amid...

Published 18 Oct, 2025 04:42pm

Business & Finance

Sindh decides to develop mini-fish harbours in Thatta, Sujawal to boost coastal economy

Fisheries Dept has prepared concept papers to establish "fully equipped" mini harbours

Published 18 Oct, 2025 03:53pm

Money & Banking

India’s ICICI Bank beats quarterly profit estimates on lower provisions for bad loans

MUMBAI: Indian private lender ICICI Bank reported a higher-than-expected profit for the second quarter on Saturday,...

Published 18 Oct, 2025 03:48pm

Commodities

Gold rally boost Pakistan’s external buffers, pushes reserves near all-time high

A stunning surge in global gold prices — up more than 50% so far in 2025 — is proving to be a windfall for...

Published 18 Oct, 2025 03:44pm

Money & Banking

India’s IndusInd Bank reports net loss in first quarter after management change

MUMBAI: Indian private lender IndusInd Bank reported a net loss for the second quarter on Saturday, in its first...

Published 18 Oct, 2025 03:42pm

Money & Banking

India’s HDFC Bank beats quarterly profit estimates on strong loan growth

MUMBAI: Indian private lender HDFC Bank reported a higher-than-expected profit for the second quarter on Saturday,...

Published 18 Oct, 2025 01:51pm

Bullion Rate

Gold price per tola falls Rs10,600 in Pakistan

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

Published 18 Oct, 2025 12:58pm

Commodities

China’s aluminium imports up 35.4% on year in September

China’s imports of unwrought aluminium and products rose 35.4% in September from a year earlier, customs data showed...

Published 18 Oct, 2025 12:40pm

South Asia

China Eastern Airlines to resume flights as China, India restore air links

BEIJING: State-backed China Eastern Airlines 600115.SS will resume Shanghai-Delhi flights from November 9, the...

Published 18 Oct, 2025 12:35pm

Business & Finance

Pakistan plans to extend debt maturity to reduce refinancing, interest rate risks: Aurangzeb

Finance Minister Muhammad Aurangzeb said Pakistan plans to extend the maturity profile of its domestic and external...

Published 18 Oct, 2025 12:01pm

Business & Finance

Bessent, Chinese vice premier to meet to try to defuse US tariff hike

WASHINGTON: US Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese Vice...

Published 18 Oct, 2025 11:52am

Interest Rates

SBP seen holding policy rates as inflation rises post-floods

The State Bank of Pakistan (SBP) is expected to maintain status quo in its upcoming Monetary Policy Committee (MPC)...

Published 18 Oct, 2025 10:53am

Business & Finance

Aurangzeb discusses post-flood recovery, economic reforms with World Bank chief

Finance Minister Muhammad Aurangzeb met with World Bank President Ajay Banga in Washington DC, where he discussed...

Updated 18 Oct, 2025 07:50pm

Pakistan

FTO finds E&T depts police seizing NCP vehicles under provincial laws

ISLAMABAD: The Federal Tax Ombudsman (FTO) has found that provincial Excise & Taxation departments and Police...

Published 18 Oct, 2025 07:58am

Pakistan

PTCL Group & PPAF announce expansion of ‘Ba-Ikhtiar’ programme

ISLAMABAD: PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), announced the expansion ...

Published 18 Oct, 2025 07:46am

Business & Finance

World Bank annual meeting in Washington: Pakistan showcases FBR’s successful tax transformation

ISLAMABAD: The World Bank invited Pakistan’s Federal Board of Revenue (FBR) to showcase its successful...

Published 18 Oct, 2025 07:16am

Markets

Gold rally gives forex reserves a huge push

KARACHI: Pakistan’s external financial position has strengthened significantly, buoyed by a powerful rally in...

Published 18 Oct, 2025 06:57am

Companies

Mari Energies announces oil, gas discovery in Sindh

KARACHI: Mari Energies Limited has announced the discovery of new oil and natural gas deposits in Sindh Province,...

Published 18 Oct, 2025 06:54am

Business & Finance

Govt says floods caused USD2.9bn losses

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal said that Pakistan...

Published 18 Oct, 2025 06:49am

Companies

SBP closes operations of forex company

KARACHI: The State Bank of Pakistan (SBP) has announced the closure of operations of M/s Muhammadi Exchange ...

Published 18 Oct, 2025 06:46am

Pakistan

LTBA concerned at reappointment of retired officer in FBR

LAHORE: Tax professionals have expressed grave concerns over reappointment of retired officers at senior positions ...

Published 18 Oct, 2025 06:00am

Technology

Hacktivist campaigns: New threat to businesses, govt organisations disclosed

ISLAMABAD: A cyber security company Friday disclosed that 120 hacktivist groups and over 11,000 hacktivist posts ...

Updated 18 Oct, 2025 08:43am

Pakistan

OMAP protests over Sindh cess deduction without price adjustment

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has strongly protested over the recent deduction of the...

Published 18 Oct, 2025 06:00am

Pakistan

Wheat cultivation: Rs55.9bn to be spent on farmers: Sharjeel

KARACHI: Sindh Senior Minister and Minister for Information, Transport and Mass Transit Sharjeel Inam Memon has said...

Published 18 Oct, 2025 06:00am

Agriculture and Allied

Punjab, China sign various MoUs to modernise agri sector

LAHORE: The Punjab Agriculture Department has signed several Memorandums of Understanding (MoUs) with Chinese...

Published 18 Oct, 2025 06:00am

Business & Finance

Vietnamese business team visits LCCI

LAHORE: A high-level business delegation from Vietnam visited the Lahore Chamber of Commerce & Industry (LCCI)...

Published 18 Oct, 2025 06:00am

Business & Finance

5th Pakistan-Africa trade development conference begins in Addis Ababa

ISLAMABAD: The 5th Pakistan-Africa Trade Development Conference (PATDC) and Made in Pakistan Exhibition officially...

Published 18 Oct, 2025 06:00am

Industry

EPBD chief concerned over widening trade deficit

ISLAMABAD: Chairman of the Economic Policy and Business Development (EPBD) Gohar Ejaz has voiced deep concern over...

Published 18 Oct, 2025 06:00am

Industry

EDF urges better tax management and regional trade integration

KARACHI: President Economic Diplomacy Forum (EDF) Dr Muhammad Farooq Afzal has said that Pakistan’s solution lies...

Published 18 Oct, 2025 06:00am

Companies

PTCL Group signs partnership with Mercantile

ISLAMABAD: Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & ...

Published 18 Oct, 2025 06:00am

Money & Banking

Asian equities, FX fall on US credit concerns

BENGALURU: Emerging Asian equity markets fell and currencies weakened on Friday, as a broad risk-off mood prevailed...

Published 18 Oct, 2025 06:00am

Money & Banking

Dollar down against major currencies

NEW YORK: The US dollar was set for a weekly loss against major currencies on Friday, as concern about trade ...

Published 18 Oct, 2025 06:00am

Business & Finance

57 items’ exemption from COO’s requirement: Balochistan businessmen, FBR officials discuss impact for trade with Iran

ISLAMABAD: Business community of Balochistan and top customs officials of the Federal Board of Revenue (FBR) Friday...

Published 18 Oct, 2025 06:00am

Business & Finance

Weekly SPI slightly up

ISLAMABAD: Upsurge in vegetable prices keeps the inflation in the positive zone as the Sensitive Price Index (SPI)...

Published 18 Oct, 2025 06:00am

Business & Finance

SBP chief highlights improved macroeconomic outlook

KARACHI: Governor of the State Bank of Pakistan Jameel Ahmad highlighted Pakistan’s improving macroeconomic ...

Published 18 Oct, 2025 06:00am

Business & Finance

WTO urges US, China to de-escalate trade war

WASHINGTON: The head of the World Trade Organization said she is urging the US and China to de-escalate trade...

Published 18 Oct, 2025 06:00am

Business & Finance

3.5-4pc growth likely despite flood damages

ISLAMABAD: Finance Minister Muhammad Aurangzeb has projected Pakistan’s economic growth between 3.5 and 4 percent...

Published 18 Oct, 2025 06:00am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 5	277.95
USD PKR Interbank Buying / Aug 5	277.75
USD to Japanese Yen / Aug 6	157.77
USD to Swiss Franc / Aug 6	0.81
Pound Sterling to USD / Aug 6	1.35
Euro to USD / Aug 6	1.15
SOFR % / Aug 5	3.66

Stock	Volume
S&P 500 / Aug 5	7,723.55
Nasdaq / Aug 5	26,363.44
Dow Jones / Aug 5	54,349.12
India Sensex / Aug 6	78,733.83
Tokyo Nikkei / Aug 6	65,266.67
Hang Seng / Aug 6	25,455.75
FTSE 100 / Aug 6	10,904.77
Germany DAX 30 / Aug 6	26,081.89
France CAC40 / Aug 6	8,726.90

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 5	18,780
Gold 10 Grams PKR / Aug 5	375,459
Petrol/Litre / Aug 6	333.01
Crude Oil USD/Barrel / Aug 6	74.78
Gold Spot USD/Ounce / Aug 6	4,250.14
Diesel/Litre / Aug 6	383.86
Cotton US¢/pound / Aug 6	82.86

Gainers
Losers
Leaders

Stock	Price
Dawood Equities / Aug 6 Dawood Equities Limited(DEL)	22.17 ▲ 2.02 (10.02%)
Asim Textile / Aug 6 Asim Textile Mills Limited(ASTM)	56.19 ▲ 5.11 (10%)
Buxly Paints / Aug 6 Buxly Paints Limited(BUXL)	208.65 ▲ 18.97 (10%)
J.A.Textile / Aug 6 J.A. Textile Mills Limited(JATM)	56.74 ▲ 5.16 (10%)
Tata Textile / Aug 6 Tata Textile Mills Limited(TATM)	145.11 ▲ 13.19 (10%)
East West Ins. / Aug 6 East West Insurance Company Limited(EWIC)	66.57 ▲ 6.05 (10%)
First Tri-Star Mod. / Aug 6 First Tri-Star Modaraba(FTSM)	42.17 ▲ 3.83 (9.99%)
Supernet Tech. / Aug 6 Supernet Technologies Limited(STL)	43.44 ▲ 3.91 (9.89%)
Nishat Chun.Pow. / Aug 6 Nishat Chunian Power Limited(NCPL)	61.92 ▲ 5.5 (9.75%)
Nishat Power / Aug 6 Nishat Power Limited(NPL)	72.18 ▲ 6.41 (9.75%)

Stock	Price
MACPAC Films / Aug 6 MACPAC Films Limited(MACFL)	63.43 ▼ -7.05 (-10%)
Pak. P.V.C. / Aug 6 Pakistan PVC Limited(PPVC)	24.34 ▼ -2.55 (-9.48%)
786 Invest Ltd / Aug 6 786 Investments Limited(786)	26.06 ▼ -2.51 (-8.79%)
Diamond Ind. / Aug 6 Diamond Industries Limited(DIIL)	59.76 ▼ -4.74 (-7.35%)
Redco Textile / Aug 6 Redco Textiles Limited(REDCO)	31.07 ▼ -2.3 (-6.89%)
Trust Mod. / Aug 6 Trust Modaraba(TRSM)	20.25 ▼ -1.31 (-6.08%)
Olympia Mills / Aug 6 Olympia Mills Limited(OML)	101.94 ▼ -6.35 (-5.86%)
Jauharabad Sug / Aug 6 Jauharabad Sugar Mills Limited(JSML)	62.56 ▼ -3.03 (-4.62%)
Dadabhoy Cement / Aug 6 Dadabhoy Cement Industries Limited(DBCI)	15.35 ▼ -0.66 (-4.12%)
Shadman Cotton / Aug 6 Shadman Cotton Mills Limited(SHCM)	54.66 ▼ -2.35 (-4.12%)

Stock	Volume
B.O.Punjab / Aug 6 The Bank of Punjab(BOP)	66,023,844 ▲ 1.25
Unity Foods Ltd / Aug 6 Unity Foods Limited(UNITY)	62,508,135 ▲ 0.76
Cnergyico PK / Aug 6 Cnergyico PK Limited(CNERGY)	56,219,311 ▲ 0.19
Trust Sec.& Brok. / Aug 6 Trust Securities & Brokerage Limited(TSBL)	32,748,672 ▼ -0.07
Maple Leaf Cement / Aug 6 Maple Leaf Cement Factory Limited(MLCF)	30,408,553 ▲ 5.15
Pace (Pak) Ltd. / Aug 6 Pace (Pakistan) Limited(PACE)	26,004,112 ▲ 0.19
WorldCall Telecom / Aug 6 Worldcall Telecom Limited(WTL)	22,085,414 ▼ -0.02
Pak Int.Bulk / Aug 6 Pakistan International Bulk Terminal(PIBTL)	20,540,858 ▲ 0.12
TPL Properties / Aug 6 TPL Properties Limited(TPLP)	16,352,135 ▲ 0.19
Cres.Star Ins. / Aug 6 Crescent Star Insurance Limited(CSIL)	15,096,693 ▲ 0.34

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