News Archives for Business & Finance - 2025-11-06

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Business & Finance - 2025-11-06

Companies

TRG Pakistan profit jumps nearly threefold to Rs6.9bn in Jul-Sep 2025

Company recorded Rs2.4 billion profit in same period last year

Updated 16 Jan, 2026 12:59pm

Commodities

Aluminium falls to two-week low as lower stocks drag metals down

LONDON: Aluminium prices fell to a two-week low on Thursday as a decline in the equities market hit sentiment...

Published 06 Nov, 2025 09:49pm

Stocks

Financials, IT stocks lift Sri Lanka shares ahead of federal budget

Sri Lankan shares closed higher on Thursday, lifted by gains in financial and information technology stocks, a day...

Published 06 Nov, 2025 08:53pm

Stocks

Most Gulf markets track Asian shares higher

Most stock markets in the Gulf ended higher on Thursday, mirroring gains in Asian shares, as...

Published 06 Nov, 2025 08:50pm

Stocks

TSX pauses after strongest rally in three weeks; commodities support sentiment

Canada’s main stock index remained largely unchanged on Thursday, as higher commodity prices offset broader market...

Published 06 Nov, 2025 08:43pm

Markets

Warner Bros Discovery posts bigger-than-expected loss ahead of potential sale or split

Warner Bros Discovery posted a bigger-than-expected quarterly loss on Thursday, as lackluster growth in its...

Published 06 Nov, 2025 08:23pm

Pakistan

SBP reserves rise by $31 million to $14.5bn

The central bank says total liquid foreign reserves held by the country stood at $19.66 billion as of October 31

Published 06 Nov, 2025 08:00pm

Companies

India’s Apollo Hospitals misses quarterly profit estimates as occupancy takes a hit

India’s Apollo Hospitals reported a smaller-than-expected second-quarter profit on Thursday, hurt by higher costs...

Published 06 Nov, 2025 07:25pm

Companies

Singtel offers to sell stake worth $1.18 billion in India’s Airtel, Bloomberg News reports

A unit of Singapore Telecommunications has offered to sell shares in India’s Bharti Airtel in a deal that could net...

Published 06 Nov, 2025 07:22pm

Commodities

Adani unit signs deal with Australia’s Caravel Minerals copper project

India’s Adani Enterprises said on Thursday its unit Kutch Copper Ltd (KCL) has signed a non-binding deal with...

Published 06 Nov, 2025 07:18pm

Markets

India’s markets regulator to consult stakeholders to review IPOs of small firms

India’s markets regulator will consult with exchanges, banks and small-and-medium enterprises associations to review...

Published 06 Nov, 2025 07:15pm

South Asia

Bangladesh orders 25 Boeing planes, Airbus eyes deals

DHAKA: Bangladesh has ordered 25 wide-body aircraft from Boeing as part of a tariff deal with the United States, a...

Published 06 Nov, 2025 06:15pm

Money & Banking

Bank of England leaves rate unchanged before UK budget

LONDON: The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK...

Published 06 Nov, 2025 05:40pm

Business & Finance

Pakistan, Qatar discuss avenues for enhancing investment including in energy, tech sectors

Al-Sowaidi reaffirms QIA’s commitment to exploring new opportunities for collaboration

Updated 06 Nov, 2025 06:32pm

Financial

India bonds end higher on whispers of RBI support

MUMBAI: Indian government bonds gained on Thursday, as heavy purchases over the last two sessions, which traders...

Published 06 Nov, 2025 05:16pm

Companies

Indian IT firm Mphasis counts on banks to power revenue growth, CEO says

BENGALURU: Blackstone backed Indian IT services firm Mphasis expects its key financial segment to drive sales in the...

Published 06 Nov, 2025 05:09pm

Markets

State Bank of India, Amundi to jointly sell 10% stake in SBI Funds Management via IPO

BENGALURU/MUMBAI: State Bank of India the country’s largest lender by assets, and Europe’s biggest fund manager...

Published 06 Nov, 2025 05:03pm

Commodities

India needs to double sugar exports as surplus rises on lower ethanol output

NEW DELHI/MUMBAI: India needs to double its sugar export allocation to 2 million metric tons in the new season, as...

Published 06 Nov, 2025 04:59pm

Companies

India’s UPL swings to quarterly profit on strong Americas demand

Agrochemicals maker UPL swung to a profit in the second quarter from a loss a year earlier, boosted by strong demand...

Published 06 Nov, 2025 04:54pm

Forex

Indian rupee sidesteps gains in Asian peers as deprecation bias lingers

MUMBAI: The Indian rupee closed little changed on Thursday, wedged between persistent dollar demand from importers...

Published 06 Nov, 2025 04:44pm

Markets

India plans to retain cap on voting rights for large shareholders in banks, sources say

NEW DELHI: India plans to retain a cap on voting rights for large shareholders in domestic banks, two sources said,...

Published 06 Nov, 2025 04:40pm

Stocks

Indian stock benchmarks consolidate lower; Reliance offsets some losses

Indian equity benchmarks inched lower on Thursday as a lack of major triggers kept the market in consolidation mode,...

Published 06 Nov, 2025 04:34pm

Commodities

Palm oil trades higher on Dalian’s palm olein prices

JAKARTA: Malaysian palm oil futures closed higher on Thursday after ending at a 17-week low in the previous session,...

Published 06 Nov, 2025 04:28pm

Markets

KFC’s India operator Devyani posts quarterly loss as demand stays muted

Devyani International which operates KFC and Pizza Hut restaurants in India, reported a quarterly loss on Thursday,...

Published 06 Nov, 2025 04:24pm

Financial

India’s Bajaj Housing posts slowest profit growth since listing

India’s Bajaj Housing Finance reported on Thursday its slowest quarterly profit growth since listing in September...

Published 06 Nov, 2025 04:16pm

Commodities

Asia rice: Sluggish demand, harvest supplies weigh on rates across top hubs

Asian rice export markets remained subdued this week with Indian and Vietnamese prices holding steady and Thai rates...

Published 06 Nov, 2025 03:59pm

Companies

CAT overturns Rs40mn fine on Al-Ghazi Tractors

Company announces in a notice to the PSX

Published 06 Nov, 2025 02:23pm

Stocks

Australia shares gain on miners recovery; NAB slides off record high

The S&P/ASX 200 index closed 0.3% higher at 8,828.30 points

Published 06 Nov, 2025 02:13pm

Forex

Sterling steadies near multi-month lows ahead of BoE decision

Sterling edged 0.1% higher to $1.3066 ahead of a 1200 GMT BoE rate decision

Published 06 Nov, 2025 02:10pm

Stocks

European stocks slip as Legrand’s results disappoint

More broadly, the pan-European STOXX 600 slipped 0.2% to 570.58 points

Published 06 Nov, 2025 02:07pm

Stocks

Major Gulf markets track Asian shares higher

In Abu Dhabi, the index edged 0.1% higher

Published 06 Nov, 2025 02:03pm

Financial

Gold price per tola gains Rs3,700 in Pakistan

Silver price per tola increases by Rs90

Published 06 Nov, 2025 01:59pm

Markets

Emirates half-year profit up 13% to $2.9bn: statement

Emirates made a profit after tax of $2.7 billion, up 13 percent from last year

Published 06 Nov, 2025 01:54pm

Industry

Pakistan announces multi-billion upgrade for Gaddani, new Green Ship Yard at Port Qasim

Government plans to expand fleet to 30 ships by 2026

Published 06 Nov, 2025 01:52pm

Markets

Qatar Airways to sell all of its Cathay Pacific stake

Qatar Airways' shareholding in Cathay represents about 9.6 percent of the total issued shares of the Hong Kong carrier

Published 06 Nov, 2025 01:51pm

Business & Finance

Gilgit-Baltistan could enhance agriculture produce by up to 30% via tech: study

Introduction of affordable soil moisture sensors, weather micro-stations and smart irrigation controllers could revolutionize agricultural landscape: P@SHA

Published 06 Nov, 2025 01:47pm

Markets

Germany pledges over $131mn in new assistance for Pakistan

Funds to be utilised for achieving climate and energy transition

Published 06 Nov, 2025 12:56pm

Markets

Drugmaker AstraZeneca profit jumps as it expands in US

Profit after tax stood at $2.53 billion in the three months to the end of September

Published 06 Nov, 2025 12:52pm

Money & Banking

Pakistan’s central bank launches ‘InvestPak’ portal to digitise investment in government securities

Portal allows customers to bid in government security auctions online

Updated 06 Nov, 2025 02:50pm

Markets

Nvidia’s Huang warns China will ‘win the AI race’: FT

The United States has cited the risk of giving China a military advantage as a reason for the block

Published 06 Nov, 2025 12:37pm

Markets

Musk’s Starlink to start services in India

The launch of Starlink, which provides high-speed internet to remote locations using low-orbit satellites

Published 06 Nov, 2025 12:27pm

Stocks

Japan’s Nikkei climbs as Wall Street rebound restores risk appetite

The broader Topix rose 1% to 3,300.64

Published 06 Nov, 2025 11:51am

Forex

Australia, NZ dollars cling to risk-fuelled gains after days of losses

The Aussie was flat at $0.6502, having been up from a three-week low of $0.6459 overnight to squeeze out a small gain of 0.3%

Published 06 Nov, 2025 11:32am

Markets

Nissan sells, leases back headquarters in $643 million deal

Nissan will announce its earnings for the half-year through September later on Thursday

Published 06 Nov, 2025 11:30am

Commodities

Vietnam Jan-Oct coffee exports up 13.4% y/y to 1.3 million tons

Export revenues over the period rose 62% to $7.4 billion

Published 06 Nov, 2025 11:28am

Commodities

Vietnam October rice exports down 56.2% y/y at 344,000 T

Rice export revenues in the month fell 64.8% from a year earlier to $177 million

Published 06 Nov, 2025 11:26am

Stocks

South Korea shares rebound, tracking Wall Street

The benchmark KOSPI was up 20.42 points, or 0.51%, at 4,024.84

Published 06 Nov, 2025 11:23am

Commodities

Palm oil recovers on strength in Dalian rival oils

Palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 12 ringgit, or 0.29%, to 4,120 ringgit ($975.38) a metric ton

Published 06 Nov, 2025 11:19am

Commodities

Soybeans fall 1% as market awaits Chinese buying; wheat, corn down

Wheat fell on expectations of higher Russian supplies, while corn edged lower

Published 06 Nov, 2025 11:15am

Energy

Saudi Arabia cuts December oil prices for Asia as OPEC+ boosts output

State oil giant Saudi Aramco set its December official selling price at $1 per barrel above the Oman/Dubai average

Published 06 Nov, 2025 11:12am

Commodities

Shanghai copper rises after four-day decline as selling pressure eases

The most-active copper contract on the Shanghai Futures Exchange was up 0.97% to trade at 86,260 yuan ($12,110.07) per metric ton

Published 06 Nov, 2025 11:09am

Commodities

Iron ore steady after four-day decline amid oversupply concerns

The benchmark December iron ore on the Singapore Exchange was 0.16% lower at $103.35 a ton

Published 06 Nov, 2025 11:07am

Commodities

Sri Lanka’s budget to drive economic reforms, meet IMF goals

Sri Lanka has been working to meet IMF conditions, including achieving a 2.3% primary surplus target and boosting public revenue to 15% of GDP for 2025

Published 06 Nov, 2025 11:03am

Markets

Turkiye Airlines reaches engine deal with GE Aerospace for 75 Boeing planes

ISTANBUL: Turkiye Airlines has reached an agreement with GE Aerospace to procure engines, spare engines, and engine...

Published 06 Nov, 2025 11:00am

Mutual Funds

India bonds poised to rally on signs of RBI support in market

The benchmark 10-year yield was at 6.5178%

Published 06 Nov, 2025 10:57am

Stocks

Shanghai stock benchmark reclaims 4,000 level on domestic chip optimism

The Shanghai Composite index was up 0.9% at 4,004.25 points

Published 06 Nov, 2025 10:55am

Forex

China’s yuan climbs from three-week low as global risk appetite improves

Onshore yuan was 0.04% higher at 7.1244 per dollar

Published 06 Nov, 2025 10:52am

Bullion Rate

Gold firms on softer dollar, US government shutdown

Spot gold was up 0.1% at $3,986.23 per ounce

Published 06 Nov, 2025 10:49am

Business & Finance

MSCI adds 3 Pakistani cos to Frontier Market Index, 11 to FM Small Cap Index

Three Pakistani banks added to MSCI’s Frontier Market Index

Updated 06 Nov, 2025 03:43pm

Exchange

Rupee registers marginal gain against US dollar

Currency settles at 280.85 against greenback

Updated 06 Nov, 2025 07:09pm

Stocks

Stocks lose momentum as KSE-100 slips nearly 500 points

Benchmark index settles at 159,096.78

Updated 06 Nov, 2025 06:29pm

Markets

US orders 10% flights cut at major US airports due to shutdown

Airlines say at least 3.2 million travelers have already been impacted by air traffic control shortages

Published 06 Nov, 2025 08:34am

Energy

Oil stable as easing glut fears balance weak demand

Brent crude futures were up 3 cents, or 0.05%, to $63.55 a barrel

Updated 06 Nov, 2025 08:19pm

Stocks

India equity benchmarks set to open higher as upbeat results lift sentiment

Gift Nifty futures were trading at 25,727.5 points

Published 06 Nov, 2025 08:24am

Forex

RBI’s shadow, Asia tailwind likely to lift Indian rupee at open

The 1-month non-deliverable forward (NDF) indicated the rupee will open in the 88.60 to 88.62 range versus the US dollar

Published 06 Nov, 2025 08:22am

Stocks

Asia shares rise as upbeat US data calms nerves over stretched valuations

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.32%

Published 06 Nov, 2025 08:19am

Forex

Dollar dips from peaks, sterling squeezed ahead of BoE

At $1.1495 against the euro the dollar hasn’t budged a great deal

Published 06 Nov, 2025 08:16am

Industry

Liaison with governor: LCCI chief appoints Amir as focal person

LAHORE: President of the Lahore Chamber of Commerce & Industry Faheem-ur-Rehman Saigol has appointed LCCI...

Published 06 Nov, 2025 07:47am

Industry

PIDE seminar: Call to transform local automobile industry

ISLAMABAD: Experts at a seminar emphasized the need to transform the local automobile industry from “dependence to...

Published 06 Nov, 2025 07:42am

Technology

Govt urged adopting different approach to spectrum policy

ISLAMABAD: A radically different approach to spectrum policy and pricing is needed to ensure affordable and...

Published 06 Nov, 2025 07:34am

Energy

KE obtains stay against Nepra’s order

KARACHI: K-Electric Limited has secured interim relief from the Sindh High Court after filing a legal challenge...

Published 06 Nov, 2025 07:08am

Industry

TFS 9th edition opens: Visionary leaders chart course for future growth

KARACHI: THE FUTURE SUMMIT (TFS) 9th Edition, one of Pakistan’s premier thought leadership platforms, opened here...

Published 06 Nov, 2025 07:06am

Industry

LCCI & PJBF hold seminar on enhancing exports to Japan

LAHORE: A seminar on enhancing Pakistan’s exports to Japan was organized at the Lahore Chamber of Commerce &...

Published 06 Nov, 2025 07:02am

Business & Finance

Govt taking steps to increase meat exports to Malaysia

ISLAMABAD: Pakistan is eyeing a major push to increase meat exports to Malaysia to USD 200 million, as the ...

Published 06 Nov, 2025 06:14am

Pakistan

CPEC metro train celebrates 5 years of successful operation

LAHORE: First electric railway transportation project under China-Pakistan Economic Corridor (CPEC) “The Orange...

Updated 06 Nov, 2025 08:30am

Business & Finance

PIBF to hold exhibition on 21st

LAHORE: The Pak International Business Forum (PIBF) is organizing a grand exhibition titled “Mera Brand Pakistan...

Published 06 Nov, 2025 06:14am

Industry

FPCCI, ICCD & Al Baraka Bank collaborate: High-profile dialogue with diplomats held under STF initiative

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce and...

Published 06 Nov, 2025 06:14am

Business & Finance

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 205,276 Tons of cargo comprising 177,627 Tons of import cargo and 27,649 ...

Published 06 Nov, 2025 06:14am

Money & Banking

Flood-hit infrastructure: Bank Alfalah pledges Rs1.4bn for rehabilitation

LAHORE: Bank Alfalah has announced a donation of Rs1.4 billion (USD5 million) for rehabilitation of flood-hit...

Published 06 Nov, 2025 06:14am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 4	277.96
USD PKR Interbank Buying / Aug 4	277.76
USD to Japanese Yen / Aug 4	157.55
USD to Swiss Franc / Aug 4	0.81
Pound Sterling to USD / Aug 4	1.34
Euro to USD / Aug 4	1.15
SOFR % / Aug 4	3.66

Stock	Volume
S&P 500 / Aug 4	7,736.52
India Sensex / Aug 4	78,428.95
Tokyo Nikkei / Aug 4	63,957.53
Nasdaq / Aug 4	26,584.99
Hang Seng / Aug 4	25,852.92
FTSE 100 / Aug 4	10,879.38
Dow Jones / Aug 4	54,085.88
Germany DAX 30 / Aug 4	26,202.35
France CAC40 / Aug 4	8,666.63

Item	Value
Crude Oil USD/Barrel / Aug 4	75.86
Karachi Cotton PKR/37.32 KG / Aug 4	18,780
Gold 10 Grams PKR / Aug 4	366,886
Gold Spot USD/Ounce / Aug 4	4,088.17
Cotton US¢/pound / Aug 4	82.12
Petrol/Litre / Aug 5	328.56
Diesel/Litre / Aug 5	385.86

Gainers
Losers
Leaders

Stock	Price
Kohinoor Mills / Aug 4 Kohinoor Mills Limited(KML)	10.31 ▲ 1 (10.74%)
First Elite Cap.Mod / Aug 4 First Elite Capital Modaraba(FECM)	21.87 ▲ 1.99 (10.01%)
Trust Mod. / Aug 4 Trust Modaraba(TRSM)	23.95 ▲ 2.18 (10.01%)
Tri-Star Power / Aug 4 Tri-Star Power Limited(TSPL)	16.82 ▲ 1.53 (10.01%)
786 Invest Ltd / Aug 4 786 Investments Limited(786)	25.97 ▲ 2.36 (10%)
Asim Textile / Aug 4 Asim Textile Mills Limited(ASTM)	46.44 ▲ 4.22 (10%)
Cresent Jute / Aug 4 Crescent Jute Products Limited(CJPL)	26.29 ▲ 2.39 (10%)
East West Ins. / Aug 4 East West Insurance Company Limited(EWIC)	55.02 ▲ 5 (10%)
Shadman Cotton / Aug 4 Shadman Cotton Mills Limited(SHCM)	55 ▲ 5 (10%)
Masood Textile / Aug 4 Masood Textile Mills Limited(MSOT)	153.67 ▲ 13.97 (10%)

Stock	Price
Dadabhoy Cement / Aug 4 Dadabhoy Cement Industries Limited(DBCI)	16.52 ▼ -1.84 (-10.02%)
Aisha Steel(ConPS) / Aug 4 Aisha Steel(ConPS)(ASLPS)	31.55 ▼ -3.51 (-10.01%)
Olympia Mills / Aug 4 Olympia Mills Limited(OML)	120.32 ▼ -13.37 (-10%)
Shahtaj Sugar / Aug 4 Shahtaj Sugar Mills Limited(SHJS)	189.86 ▼ -21.09 (-10%)
Mehmood Tex / Aug 4 Mehmood Textile Mills Limited(MEHT)	169.98 ▼ -18.89 (-10%)
TPL Insurance / Aug 4 TPL Insurance Limited(TPLI)	64.81 ▼ -6.71 (-9.38%)
Asia Ins. / Aug 4 Asia Insurance Company Limited(ASIC)	40.94 ▼ -3.79 (-8.47%)
Tariq Corporation / Aug 4 Tariq Corporation Limited(TCORP)	21.30 ▼ -1.93 (-8.31%)
JS Investments / Aug 4 JS Investments Limited(JSIL)	43.07 ▼ -3.63 (-7.77%)
First Imrooz Mod. / Aug 4 First Imrooz Modaraba(FIMM)	185.36 ▼ -14.64 (-7.32%)

Stock	Volume
Pak Int.Bulk / Aug 4 Pakistan International Bulk Terminal(PIBTL)	89,708,629 ▼ -0.34
Trust Sec.& Brok. / Aug 4 Trust Securities & Brokerage Limited(TSBL)	86,054,121 ▲ 0.08
TPL Properties / Aug 4 TPL Properties Limited(TPLP)	67,239,170 ▲ 0.23
Sui South Gas / Aug 4 Sui Southern Gas Company Limited(SSGC)	34,618,297 ▲ 0.81
Cnergyico PK / Aug 4 Cnergyico PK Limited(CNERGY)	26,068,716 ▼ -0.09
Wasl Mobility Mod. / Aug 4 Wasl Mobility Modaraba(WASL)	25,984,861 ▼ -0.36
Pak Refinery / Aug 4 Pakistan Refinery Limited(PRL)	17,848,982 ▼ -0.72
Hascol Petrol / Aug 4 Hascol Petroleum Limited(HASCOL)	17,709,924 ▲ 0.35
Aisha Steel Mill / Aug 4 Aisha Steel Mills Limited(ASL)	17,663,056 ▲ 0.02
TPL REIT Fund I / Aug 4 TPL REIT Fund I(TPLRF1)	16,449,687 ▼ -0.34

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