News Archives for Business & Finance - 2025-11-12

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Business & Finance - 2025-11-12

Business & Finance

Medicine prices up 15% since Feb 2024, not 32%, clarifies PPMA

PPMA Chairman Tauqeer Ul Haq attributes this to high inflation, high interest rates and rupee devaluation

Published 12 Nov, 2025 11:40pm

USA

Bostic announces retirement amid Trump push for more influence over Fed

WASHINGTON: Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of...

Published 12 Nov, 2025 09:37pm

Business & Finance

Original Birkin bag unveiled in Japan after record $10 million purchase

The original bag was custom-made for late actress Jane Birkin

Published 12 Nov, 2025 09:31pm

Business & Finance

Public-private collaboration vital for digital economy: SBP Governor

Says the digital future is no longer a distant vision, it is our present reality

Published 12 Nov, 2025 08:58pm

Industry

Pakistan, France explore collaboration in minerals, mining sectors

French companies keen to engage in sustainable mining ventures, ambassador says

Updated 12 Nov, 2025 10:32pm

Markets

SECP registers 14,802 new companies in first four months of FY26

Total number of registered companies in Pakistan stand at 272,918

Published 12 Nov, 2025 07:30pm

Stocks

Sri Lankan shares close higher on boost from IT, industrial stocks

CSE All-Share index settled 0.33% higher at 23,659.7 points

Published 12 Nov, 2025 05:01pm

Financial

Indian bonds pare most of day’s gains after steady core inflation

MUMBAI: Indian government bonds erased most of the day’s gains on Wednesday, after steady core inflation data out of...

Published 12 Nov, 2025 04:58pm

Companies

India’s power giant NTPC plans to enter coal gasification business, source says

NEW DELHI: Indian coal power giant NTPC is looking to enter the coal gasification business with a plan to start...

Published 12 Nov, 2025 04:54pm

Financial

Russia to sell its first yuan-denominated domestic bonds on December 8

MOSCOW: Russia will sell its first yuan-denominated domestic government bonds with maturities ranging from three to...

Published 12 Nov, 2025 04:46pm

Commodities

Copper supported by hopes for end to US government shutdown

LONDON: Copper prices steadied on Wednesday, supported by optimism over an expected end to the U.S. government...

Published 12 Nov, 2025 04:39pm

Markets

India’s inflation tanks to record low, boosting December rate-cut hopes

NEW DELHI: India’s retail inflation slumped to a record low of 0.25% in October, driven by a sharp fall in food...

Published 12 Nov, 2025 04:35pm

Companies

India’s Asian Paints tops profit view on higher decorative paints volumes; shares jump

Asian Paints India’s largest paint-maker by market share, beat quarterly profit estimates on Wednesday, helped by...

Published 12 Nov, 2025 04:30pm

Forex

Indian rupee edges lower as corporate dollar bids persist, Asia FX slips

MUMBAI: The Indian rupee slipped on Wednesday, weighed down by dollar demand from local companies alongside modest...

Published 12 Nov, 2025 04:28pm

Stocks

Indian shares rally on IT boost, Reliance gains; Bihar state exit polls lift mood

India’s equity benchmarks rose for a third straight session on Wednesday, lifted by IT stocks on optimism over U.S....

Published 12 Nov, 2025 04:23pm

Companies

India’s Hindustan Aeronautics posts 11% rise in quarterly profit; key margin contracts

Hindustan Aeronautics Ltd (HAL) reported higher second-quarter profit on Wednesday, supported by strong order...

Published 12 Nov, 2025 04:19pm

Companies

Indian airline SpiceJet posts wider loss on weak passenger traffic

Cash-strapped Indian carrier SpiceJet posted a wider quarterly loss on Wednesday, hit by a drop in passenger traffic...

Published 12 Nov, 2025 04:13pm

Commodities

Palm ends two-day gains on firmer ringgit

KUALA LUMPUR: Malaysian palm oil futures snapped two consecutive sessions of gains on Wednesday, as a firmer ringgit...

Published 12 Nov, 2025 04:08pm

Markets

India markets regulator panel recommends top officials make public disclosures of assets

The Indian markets regulator’s chairman and senior officers should make public their assets and liabilities to boost...

Published 12 Nov, 2025 04:03pm

Business & Finance

Customs seizes ICE worth nearly Rs1 billion in major operation

FBR says smuggling attempt on Daewoo bus was thwarted on credible information from the Deputy Collector Customs

Updated 12 Nov, 2025 10:33pm

Commodities

India’s retail inflation slows to record low of 0.25% in October

NEW DELHI: India’s annual retail inflation slowed to a record low of 0.25% in October as food prices fell sharply...

Published 12 Nov, 2025 03:53pm

Companies

Pakistan’s textile firm temporarily shuts spinning unit amid ‘unfavourable market conditions’

The country's crucial textile sector is facing a downturn

Published 12 Nov, 2025 03:14pm

Stocks

SoftBank shares slide as Nvidia stake sale highlights AI funding needs

The share drop also comes amid investor concerns about the risk that rapidly rising tech valuations are overextended

Published 12 Nov, 2025 03:06pm

Stocks

Financials lift European stocks to record levels on US shutdown relief

The pan-European STOXX 600 index added 0.58% and was last at 583.56 points

Published 12 Nov, 2025 03:00pm

Companies

Lotte Chemical Pakistan under new ownership as South Korean parent exits

Lotte Chemical Pakistan Limited (LOTTE) on Wednesday announced a major change in ownership and leadership following...

Published 12 Nov, 2025 02:25pm

Financial

Gold price per tola falls Rs1,000 in Pakistan

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

Published 12 Nov, 2025 01:08pm

Markets

PayPal re-launches in the UK after nearly two years

The digital payments platform said customers in the UK will have access to debit cards that can be used worldwide without any transaction fees

Published 12 Nov, 2025 12:47pm

Companies

CCP approves Crest Garments–Standpharm deal, cites no competition concerns

Acquisition will not result in increased market concentration, says CCP

Published 12 Nov, 2025 12:37pm

Markets

Taiwanese electronics firm Foxconn’s Q3 profit rises 17%, beats forecasts

Foxconn, formally called Hon Hai Precision Industry, last month reported a forecast-beating third-quarter revenue on strong demand for AI products

Published 12 Nov, 2025 12:13pm

Stocks

Australia shares rise as lithium miners shine, tech stocks limit gains

The S&P/ASX 200 index rose 0.2% to 8,836.90

Published 12 Nov, 2025 11:24am

Companies

Kohat Cement pushes ahead with energy expansion, to invest Rs8bn in 28.5MW power plant

There has been a growing shift towards alternative energy sources in Pakistan

Published 12 Nov, 2025 11:09am

Forex

South African rand steady before mid-year budget review

The rand traded at 17.1500 against the dollar , within touching distance of its previous close of 17.1525

Published 12 Nov, 2025 11:05am

Energy

World oil and gas demand could grow until 2050, IEA says

Trump’s Energy Secretary Chris Wright has called the IEA’s demand peak projections “nonsensical”

Published 12 Nov, 2025 10:23am

Exchange

Rupee inches upward against US dollar

Currency settles at 280.77 against greenback

Updated 12 Nov, 2025 06:46pm

Stocks

KSE-100 Index ekes out over 300-point gain after intra-day selling

Benchmark index settles at 158,183.95

Updated 12 Nov, 2025 07:16pm

Forex

Indian rupee looks to build on modest momentum on trade deal hopes, Fed rate cut bets

The 1-month non-deliverable forward indicated the rupee will open marginally higher-to-flat versus the US dollar, against 88.5675 on Tuesday

Published 12 Nov, 2025 09:57am

Stocks

Indian shares advance on trade deal hopes

The Nifty 50 rose 0.63% to 25,857.50, while the BSE Sensex added 0.67% to 84,443.74

Published 12 Nov, 2025 09:54am

Bullion Rate

Gold rally eases as dollar edges higher, investors cash out

Spot gold was down 0.5% at $4,107.41 per ounce

Published 12 Nov, 2025 09:50am

Asia

Vietnam eyes tariff deal soon, as US seeks to cut huge trade deficit

In October, the two countries agreed to finalise a trade deal within weeks that would maintain U.S. tariffs of 20% on its imports of Vietnamese goods

Published 12 Nov, 2025 09:34am

Companies

Treet Corporation approves million-dollar expansion amid surging demand

Treet Corporation Limited, a Pakistani diversified business group, has announced plans to expand its hygiene razor...

Published 12 Nov, 2025 09:33am

Stocks

Asian markets make tepid gains as US shutdown set to end

Australian stocks led gains, advancing 0.2% as lithium miners drove commodity stocks higher

Published 12 Nov, 2025 09:28am

Forex

Dollar eases as traders eye December Fed cut on weakening US jobs market

The dollar fell in the aftermath of the data release and struggled to recover its losses in early Asia trade on Wednesday

Published 12 Nov, 2025 09:24am

Energy

Oil prices fall as oversupply concerns overshadow US government reopening

Updated 12 Nov, 2025 09:55pm

Companies

Nishat Hotels pushes Rafhan Maize takeover offer deadline into Feb

KARACHI: Nishat Hotels and Properties Limited (NHPL), a part of the prominent Nishat Group, has formally extended...

Published 12 Nov, 2025 07:53am

Companies

FFC to acquire full ownership of Power Arm FPCL

KARACHI: Fauji Fertilizer Company Limited (FFC), one of Pakistan’s largest fertilizer manufacturers, has announced...

Published 12 Nov, 2025 07:44am

Business & Finance

CCP sets up awareness stall at Pakistan Data Fest 2025

ISLAMABAD: The Competition Commission of Pakistan (CCP) set up an interactive awareness stall at the Pakistan Data...

Published 12 Nov, 2025 07:40am

Companies

Aramco opens 50th retail station

KARACHI: Gas & Oil Pakistan Limited, in partnership with Aramco, inaugurated its 50th retail station on Srinagar...

Published 12 Nov, 2025 06:54am

Companies

M&C Saatchi Pakistan and CRS sign MoU

ISLAMABAD: M&C Saatchi World Services Pakistan (Pvt.) Ltd. and Communications Research Strategies (Pvt) Ltd ...

Published 12 Nov, 2025 06:46am

Industry

CG inaugurates Chinese language course at LCCI

LAHORE: Chinese Consul General Zhao Shiren emphasized the Growing importance of the Chinese language for ...

Published 12 Nov, 2025 06:02am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 132,977 Tons of cargo comprising 69,471 Tons of import cargo and 63,506 Tons...

Published 12 Nov, 2025 06:02am

Business & Finance

Sustainable growth & financial stability: Governor SBP for regional capital market integration

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has emphasised the urgent need for greater regional...

Published 12 Nov, 2025 06:02am

Business & Finance

LCCI officials, UK diplomat hold talks on how to enhance trade

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) hosted head of the British High Commission in Lahore Ben...

Published 12 Nov, 2025 06:02am

Business & Finance

Horticulture products: PHDEC promotes branding and packaging standards

MULTAN: Pakistan Horticulture Development and Export Company (PHDEC) organized a workshop at MNS University of...

Published 12 Nov, 2025 06:02am

Business & Finance

International Capital Market Conference concludes

KARACHU: The landmark International Capital Market Conference (ICMC) & Expo 2025, a two-day gathering of global...

Published 12 Nov, 2025 06:02am

Business & Finance

KE improves service thru ‘facilitation camps’

KARACHI: K-Electric organized as many as eight facilitation camps and “Khuli Kacheries”, across its service...

Published 12 Nov, 2025 06:02am

Business & Finance

Renewable energy potential in Hindu Kush Himalayas region not tapped: report

ISLAMABAD: Despite immense renewable energy potential in the Hindu Kush Himalayas (HKH) region, clean energy...

Published 12 Nov, 2025 06:02am

Business & Finance

SMEDA inkss MoU with PBS

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and the Pakistan Bureau of Statistics (PBS)...

Published 12 Nov, 2025 06:02am

Business & Finance

Sri Lankan CG for role of private sector in enhance trade

KARACHI: KARACHI: Consul General of Sri Lanka P K Sanjeewa Pattiwila, while underscoring the need to look beyond the...

Published 12 Nov, 2025 06:02am

Companies

Standard Chartered hosts investment dialogue

KARACHI: Standard Chartered Pakistan hosted its Investment Dialogue 2025, bringing together clients, industry...

Published 12 Nov, 2025 06:02am

Business & Finance

Tessori, Rwandan HC discuss bilateral ties, trade growth

KARACHI: Rwanda High Commissioner to Pakistan Harerimana Fatou on Tuesday called on Governor Sindh Kamran Khan...

Published 12 Nov, 2025 06:02am

Business & Finance

‘Trade deficit widens to $26.35bn due to surging imports’

KARACHI: In the last 12 months, the total exports of Pakistan were approximately USD 32.04 billion, whereas in the...

Updated 12 Nov, 2025 08:06am

Business & Finance

Meat export to Malaysia: Call for formation of WG to finalise report

ISLAMABAD: An inter-ministerial committee on Tuesday called for the formation of a Working Group (WG) to finalise a...

Published 12 Nov, 2025 06:02am

Stocks

SoftBank’s $5.8 billion Nvidia stake sale stirs fresh AI bubble fears

SoftBank needs the proceeds for initiatives including the $500 billion Stargate project

Published 12 Nov, 2025 01:49am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 3	277.97
USD PKR Interbank Buying / Aug 3	277.77
USD to Japanese Yen / Aug 4	157.69
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 3	3.65

Stock	Volume
S&P 500 / Aug 3	7,600.50
Nasdaq / Aug 3	25,913.90
Dow Jones / Aug 3	53,178.41
India Sensex / Aug 4	78,658.43
Tokyo Nikkei / Aug 4	63,762.03
Hang Seng / Aug 4	25,826.60
FTSE 100 / Aug 4	10,898.07
Germany DAX 30 / Aug 4	26,252.88
France CAC40 / Aug 4	8,643.35

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 3	18,780
Gold 10 Grams PKR / Aug 3	367,314
Petrol/Litre / Aug 4	331.95
Crude Oil USD/Barrel / Aug 4	81.16
Gold Spot USD/Ounce / Aug 4	4,060.14
Diesel/Litre / Aug 4	389.93
Cotton US¢/pound / Aug 4	82.01

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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