News Archives for Business & Finance - 2025-10-21

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Business & Finance - 2025-10-21

Companies

France’s L’Oreal posts 4.2% growth in third-quarter sales

PARIS: France’s L’Oreal the world’s largest pure cosmetics and beauty player, posted a 4.2% rise in third-quarter...

Published 21 Oct, 2025 09:10pm

Commodities

Arabica coffee climbs as tensions between the U.S. and Colombia heat up

Coffee futures on ICE rose on Tuesday with dealers increasingly nervous about escalating tensions between the United...

Published 21 Oct, 2025 08:33pm

Stocks

TSX falls after inflation data; gold stocks hit hardest

Canada’s main stock index fell on Tuesday, led by declines in the materials sector, after hotter-than-expected...

Published 21 Oct, 2025 07:50pm

Stocks

Wall Street indexes mixed as investors assess earnings for direction

Wall Street indexes were mixed on Tuesday as investors searched for direction amid a flurry of earnings reports from...

Published 21 Oct, 2025 07:45pm

Movies & Music

Warner Bros Discovery ponders outright sale

Warner Bros Discovery is considering an outright sale following unsolicited interest, the company said Tuesday, in...

Published 21 Oct, 2025 07:39pm

Stocks

Most Gulf markets gain as investors eye earnings; Saudi bourse slips on banks

Most Gulf stock markets ended higher on Tuesday on expectations of easing U.S.-China trade tensions ahead of key...

Published 21 Oct, 2025 07:33pm

Commodities

Supplies to India, UK, France drive Swiss September gold exports up 74% y/y

LONDON: Gold exports from Switzerland rose 74% year-on-year in September as deliveries to India, Britain and France...

Published 21 Oct, 2025 07:24pm

Forex

Sterling steadies against euro after UK borrowing overshoot

LONDON: Sterling was little changed against the euro despite data on Tuesday showing Britain’s borrowing in the...

Published 21 Oct, 2025 04:47pm

South Asia

India’s September infrastructure output grows 3% y/y

NEW DELHI: India’s infrastructure output grew 3% year-on-year in September, government data showed on Tuesday. The...

Published 21 Oct, 2025 04:39pm

Companies

General Motors lifts forecast as tariff outlook improves, shares surge 8%

General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the...

Published 21 Oct, 2025 04:35pm

Companies

Coca-Cola tops quarterly revenue estimates on steady soda demand

Coca-Cola’s revenue and profit exceeded Wall Street’s third-quarter expectations on Tuesday, helped by resilient...

Published 21 Oct, 2025 04:23pm

Commodities

Copper falls on stronger dollar, muted demand from China

LONDON: Copper prices fell on Tuesday, under pressure from a stronger dollar and signs of muted demand from the...

Published 21 Oct, 2025 04:18pm

Stocks

Sri Lankan shares rise for third straight session

CSE All-Share index .CSE settled 0.66% higher at 22,783.62

Published 21 Oct, 2025 04:09pm

Stocks

Indian stock benchmarks inch higher to one-year highs in special Diwali session

India’s benchmarks inched higher in the special Diwali session on Tuesday, extending their recent rally on optimism...

Published 21 Oct, 2025 03:57pm

Commodities

Palm ends lower following Dalian’s drop

JAKARTA: Malaysian palm oil futures reversed previous gains and fell on Tuesday after the market followed softening...

Published 21 Oct, 2025 03:53pm

Business & Finance

Pakistan reaffirms commitment to human rights, labour standards under GSP+

Federal Minister for Commerce Jam Kamal Khan and European Union (EU) Ambassador to Pakistan Raimundas Karoblis on...

Updated 21 Oct, 2025 10:02pm

Business & Finance

MENA, Pakistan economies beat expectations, says IMF

Economic activity in the Middle Eastern and North African (MENA) region and Pakistan has “been stronger than...

Updated 21 Oct, 2025 10:03pm

Markets

IMF says growth accelerating in Middle East, North Africa

DUBAI: Growth has accelerated in Middle Eastern and North African countries this year despite global uncertainty and...

Published 21 Oct, 2025 01:27pm

Industry

Govt unveils plan to revive Pakistan Steel Mills via ship recycling, green steel production

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, on Tuesday unveiled a plan to revive the...

Published 21 Oct, 2025 01:24pm

Energy

Chevron, Shell cut oil output in Kazakhstan after Ukrainian strike on Russian gas plant

ALMATY/ASTANA: Oil majors, including Chevron and Shell, have reduced oil and gas output at a top Kazakhstan field...

Published 21 Oct, 2025 01:03pm

Markets

Coca-Cola HBC bolsters African bottling operations with $3.4 billion deal

Bottler Coca-Cola HBC AG reached an agreement on Tuesday to acquire a controlling stake in Coca-Cola Beverages...

Published 21 Oct, 2025 12:38pm

Markets

Unilever delays Magnum demerger timeline on US government shutdown

Unilever said on Tuesday the timeline for the planned demerger of The Magnum Ice Cream Company has been delayed due...

Published 21 Oct, 2025 12:35pm

Financial

Gold prices remain stable in Pakistan

Gold prices in Pakistan remained stable on Tuesday in the local market at Rs444,900 per tola. As per the rates...

Updated 21 Oct, 2025 07:03pm

Currency

Rupee registers marginal gain against US dollar

Currency settles at 281.06 against greenback

Updated 21 Oct, 2025 09:31pm

Companies

NEPRA’s tariff cut ‘would not be sustainable for KE,’ says power utility

K-Electric Limited (KE), the sole power utility of Karachi, faces a potential hit to its revenues after the National...

Updated 21 Oct, 2025 03:24pm

Markets

HSBC hires banking veteran David Lindberg to lead its UK business

HSBC said on Tuesday that it has appointed former NatWest executive David Lindberg as CEO of its UK business, months...

Published 21 Oct, 2025 10:06am

Stocks

Bullish sentiments persist, KSE-100 gains over 1,100 points

Benchmark index settles at 167,346.83

Updated 21 Oct, 2025 06:49pm

Energy

Venture Global ready to introduce natural gas into final part of Plaquemines LNG plant, filing shows

HOUSTON: Venture Global has asked federal regulators for permission to introduce natural gas by Thursday into the...

Published 21 Oct, 2025 09:47am

Markets

Amazon says AWS cloud service is back to normal after outage disrupts businesses worldwide

SAN FRANCISCO: Amazon.com cloud service returned to normal operations on Monday afternoon, the company said, after...

Published 21 Oct, 2025 09:37am

Forex

Yen on guard ahead of parliament vote for next prime minister

The US dollar index was little changed at 98.55

Published 21 Oct, 2025 09:25am

Stocks

Asian stocks surge as trade tensions ease, Nikkei hits record

MSCI’s broadest index of Asia-Pacific shares outside Japan hit an over four-and-half-year high and was last up 0.94%

Published 21 Oct, 2025 09:22am

Bullion Rate

Gold’s record run pauses as investors book profits

Spot gold was down 0.3% at $4,340.29 per ounce

Published 21 Oct, 2025 09:16am

Energy

Oil rises in choppy trade as investors focus on supply signals

Brent crude futures rose 23 cents, or 0.4%, to $61.24 a barrel

Updated 21 Oct, 2025 09:14pm

Business & Finance

Pakistan seeks Saudi investment to set up copper refineries

ISLAMABAD: Pakistan has sought Saudi investment to establish advanced copper refineries and downstream industries...

Updated 21 Oct, 2025 09:40am

Business & Finance

Argentina formalizes USD20bn currency swap deal with US

BUENOS AIRES, (Argentina): Argentina on Monday formalized a currency swap agreement with the United States for up to...

Published 21 Oct, 2025 06:11am

Business & Finance

Apple nears USD4trn valuation as shares surge on strong iPhone 17 demand

NEW YORK: Apple shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third...

Published 21 Oct, 2025 06:11am

Business & Finance

‘National Rescue Challenge’ inaugurated: Ahsan hails country’s economic transformation

LAHORE: Federal Minister for Planning and Development Ahsan Iqbal has hailed the country’s economic transformation...

Published 21 Oct, 2025 06:11am

Business & Finance

Ministry outlines roadmap to accelerate CPEC Phase-II

LAHORE: The Ministry of Planning, Development and Special Initiatives (PD&SI) has outlined a roadmap to...

Published 21 Oct, 2025 06:11am

Business & Finance

EOBI chief visits FCCI

FAISALABAD: “Some amendments are being made regarding the Employees’ Old-Age Benefits (EOBI) Institution and the...

Published 21 Oct, 2025 06:11am

Business & Finance

Pakistan ITeS exports register growth of 20.5% in Q1 YoY

ISLAMABAD: Pakistan’s information technology and IT-enabled services (ITeS) export, comprising computer services and...

Updated 21 Oct, 2025 09:41am

Business & Finance

FTO issues warning to taxpayer: ‘Perjury is considered a serious offence’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued a warning to the taxpayer that perjury is considered a serious...

Published 21 Oct, 2025 06:11am

Business & Finance

APMEPA urges inclusion in NAFSA

LAHORE: After rice exporters, the All Pakistan Meat Exporters and Processors Association (APMEPA) also expressing ...

Published 21 Oct, 2025 06:11am

Business & Finance

Local currency financing: SBP, IFC sign agreement

KARACHI: The State Bank of Pakistan (SBP) has partnered with the World Bank Group, through its private sector arm,...

Published 21 Oct, 2025 06:11am

Companies

Under-construction projects: MBL and Naya Nazimabad partner to launch Islamic housing finance

KARACHI: Meezan Bank Limited (MBL), Pakistan’s leading Islamic bank, and Naya Nazimabad, a flagship housing and...

Published 21 Oct, 2025 06:11am

Business & Finance

Pakistan posts current account surplus in Sept on stronger remittances

KARACHI: Pakistan’s current account turned into a surplus in September 2025, supported by higher inflows of workers’...

Updated 21 Oct, 2025 09:50am

Companies

Zong pioneering to localise global lithium safety standards

ISLAMABAD: Zong is taking a pioneering step to strengthen the reliability and safety of the nation’s telecom power...

Published 21 Oct, 2025 06:11am

Companies

Telenor launches WhatsApp-based SIM purchase replacement service

ISLAMABAD: Telenor Pakistan has introduced a WhatsApp-based SIM purchase replacement and bundle subscription ...

Published 21 Oct, 2025 06:11am

Industry

PAMF to hold ISAM on 27th

ISLAMABAD: The Pakistan Advanced Materials Forum (PAMF) on Monday announced it will host the 19th International...

Published 21 Oct, 2025 06:11am

Business & Finance

OICCI member cos contribute Rs2.7trn taxes in 2024

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) member companies, contributed Rs2.7 ...

Published 21 Oct, 2025 06:11am

Business & Finance

25% cut in tax liability: FTO for incorporating tax code in IRIS return format

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to operationalise the...

Updated 21 Oct, 2025 09:48am

Companies

‘ADAL-Justice with Dignity, Awareness and Empowerment: Bank Alfalah partners with LAS

KARACHI: In a bid to strengthen access to justice and financial inclusion for Pakistan’s most marginalized...

Published 21 Oct, 2025 06:11am

Money & Banking

Dollar edges up against yen

NEW YORK: The dollar edged up against the yen on Monday as investors shifted their focus to political developments ...

Published 21 Oct, 2025 06:11am

Companies

FCEPL announces financial results for Q325

KARACHI: Friesland-Campina Engro Pakistan Limited (FCEPL) announced its financial results for the third quarter ...

Published 21 Oct, 2025 06:11am

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
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%)
Gadoon Textile / Aug 6 Gadoon Textile Mills Limited(GADT)	374 ▲ 34 (10%)
J.A.Textile / Aug 6 J.A. Textile Mills Limited(JATM)	56.74 ▲ 5.16 (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%)
Berger Paints / Aug 6 Berger Paints Pakistan Limited(BERG)	116 ▲ 9.2 (8.61%)
Mughal Iron & Steel(C) / Aug 6 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	66.45 ▲ 5.23 (8.54%)
Crescent Fib. / Aug 6 Crescent Fibres Limited(CFL)	62.99 ▲ 4.64 (7.95%)
Elahi Cotton / Aug 6 Elahi Cotton Mills Limited(ELCM)	255 ▲ 18.09 (7.64%)

Stock	Price
MACPAC Films / Aug 6 MACPAC Films Limited(MACFL)	63.43 ▼ -7.05 (-10%)
Power Cem(Pref) / Aug 6 Power Cement (Pref)(POWERPS)	26.65 ▼ -2.79 (-9.48%)
Blessed Tex. / Aug 6 Blessed Textiles Limited(BTL)	911.30 ▼ -87.7 (-8.78%)
Fateh Ind. / Aug 6 Fateh Industries Limited(FIL)	320.02 ▼ -21.39 (-6.27%)
JS Investments / Aug 6 JS Investments Limited(JSIL)	43.03 ▼ -2.78 (-6.07%)
786 Invest Ltd / Aug 6 786 Investments Limited(786)	26.98 ▼ -1.59 (-5.57%)
Diamond Ind. / Aug 6 Diamond Industries Limited(DIIL)	61 ▼ -3.5 (-5.43%)
Pak. P.V.C. / Aug 6 Pakistan PVC Limited(PPVC)	25.45 ▼ -1.44 (-5.36%)
Shadman Cotton / Aug 6 Shadman Cotton Mills Limited(SHCM)	54.56 ▼ -2.45 (-4.3%)
JS Global Cap. / Aug 6 JS Global Capital Limited(JSGCL)	160 ▼ -7.13 (-4.27%)

Stock	Volume
Unity Foods Ltd / Aug 6 Unity Foods Limited(UNITY)	52,293,509 ▲ 0.82
B.O.Punjab / Aug 6 The Bank of Punjab(BOP)	50,549,492 ▲ 1.2
Pace (Pak) Ltd. / Aug 6 Pace (Pakistan) Limited(PACE)	20,684,958 ▲ 0.31
Pak Int.Bulk / Aug 6 Pakistan International Bulk Terminal(PIBTL)	13,524,329 ▲ 0.19
Cres.Star Ins. / Aug 6 Crescent Star Insurance Limited(CSIL)	12,490,156 ▲ 0.39
Cnergyico PK / Aug 6 Cnergyico PK Limited(CNERGY)	11,118,423 ▼ -0.13
Trust Sec.& Brok. / Aug 6 Trust Securities & Brokerage Limited(TSBL)	10,422,679 ▲ 0.05
Maple Leaf Cement / Aug 6 Maple Leaf Cement Factory Limited(MLCF)	9,620,015 ▲ 1.36
The Organic Meat / Aug 6 The Organic Meat Company Limited(TOMCL)	8,702,295 ▲ 2.63
Bunnys Limited / Aug 6 Bunnys Limited(BNL)	8,112,254 ▲ 0.03

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