News Archives for Business & Finance - 2025-11-18

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Business & Finance - 2025-11-18

Markets

Pakistan broadens mining, minerals push; seeks German collaboration after US, France

Reko Diq project stands as crucial test case for attracting further international investment, says German ambassador

Published 18 Nov, 2025 10:52pm

Money & Banking

US Fed official defends easing of bank oversight as concerns mount

WASHINGTON: The US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the...

Published 18 Nov, 2025 09:36pm

Stocks

TSX extends losses as caution persists ahead of crucial earnings, data

Canada’s main stock index fell for a second consecutive session on Tuesday as investors avoided risks ahead of U.S....

Published 18 Nov, 2025 08:13pm

Stocks

Gulf bourses track global selloff as Fed rate cut hopes fade

Most Gulf stock markets slipped on Tuesday, tracking declines in global equities as diminishing odds of an interest...

Published 18 Nov, 2025 07:50pm

Stocks

Broad-based losses drag Sri Lankan shares lower

CSE All-Share index settled 0.74% lower at 23,051.66 points

Published 18 Nov, 2025 07:44pm

Markets

Temu-owner PDD Holdings beats profit expectations, outlook uncertain

China’s PDD Holdings beat forecasts on Tuesday with a 14% rise in third-quarter adjusted earnings, a sign that the...

Published 18 Nov, 2025 07:39pm

Stocks

Wall Street eyes lower open as valuation concerns, rate-cut jitters linger

Wall Street was set to fall at the open on Tuesday, as concerns over lofty equity valuations and dimming chances of...

Published 18 Nov, 2025 07:35pm

Business & Finance

Xiaomi says electric cars and AI now profitable

Xiaomi products including smartphones, tablets and home appliances, is a newcomer to the EV field, having released its first model last year

Published 18 Nov, 2025 06:03pm

World

Elon Musk’s X down for thousands of US users, Downdetector shows

Elon Musk’s X was down for thousands of users in the U.S. on Tuesday, according to outage tracking website...

Published 18 Nov, 2025 05:11pm

Financial

India bonds snap 3-day losing streak on bargain buying

MUMBAI: Indian government bonds rebounded on Tuesday after declining for three straight sessions, as bargain hunters...

Published 18 Nov, 2025 05:08pm

Pakistan

Pakistan clears Turkish Petroleum Overseas Company-led consortium to operate offshore block

TPOC will hold 25% and will operate the block once a formal agreement is signed

Updated 18 Nov, 2025 10:03pm

Exchange

Rupee continues to strengthen against US dollar

Currency settles at 280.67 against greenback

Updated 18 Nov, 2025 08:45pm

Markets

CCP clears acquisition of Total System by Fidelity Information Services

Total System Services offers card-processing systems and is engaged with two banks in local market

Published 18 Nov, 2025 04:17pm

Commodities

Palm climbs more than 1% on stronger Chicago soyoil

KUALA LUMPUR: Malaysian palm oil futures rose more than 1% on Tuesday, gaining for a fourth straight session,...

Published 18 Nov, 2025 04:15pm

Energy

Reliance buys 1 million barrels of crude from Kuwait’s KPC, trade sources say

SINGAPORE: India’s Reliance has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender,...

Published 18 Nov, 2025 04:03pm

Forex

Indian rupee ends flat as modest inflows counter global risk-off pressure

MUMBAI: The Indian rupee ended flat on Tuesday as modest portfolio inflows and intermittent dollar sales from...

Published 18 Nov, 2025 03:56pm

Stocks

India’s stock benchmarks pull back after six-session rise; IT, metals drag

India’s equity benchmarks snapped asix-session winning streak on Tuesdaydue to losses in information technology and...

Published 18 Nov, 2025 03:53pm

Commodities

India set for record wheat planting as soil moisture and prices rise

MUMBAI: Indian farmers are set to expand wheat acreage by about 5% to a record high, aided by higher returns and...

Published 18 Nov, 2025 03:49pm

Companies

Barkat Frisian Agro sets up subsidiary in Dubai to enhance global presence, exports

Barkat Frisian Agro Limited (BFAGRO), a joint venture between the Netherlands’ Frisian Egg Group and Pakistan’s...

Published 18 Nov, 2025 03:20pm

Business & Finance

Karachi Port launches Pakistan’s first standardised bunkering operations

Bunkering is the fueling of ships for propulsion and onboard use

Published 18 Nov, 2025 02:40pm

Business & Finance

Aurangzeb holds strategic briefing with Dialog delegation

Meeting focused on Pakistan’s economic reforms and investment potential

Updated 18 Nov, 2025 03:04pm

Business & Finance

Govt greenlights key grants for security, defence and structural reforms

Approves grant of Rs100.3 million for maintenance and repair of defence equipment utilised by Federal Civil Armed Forces

Updated 18 Nov, 2025 10:04pm

Financial

Gold price drops by Rs7,000 per tola in Pakistan

Silver rate also decreases by Rs123 to reach Rs5,245 per tola

Published 18 Nov, 2025 01:33pm

Companies

Pakistan’s Millat Tractors shifts focus to new markets as exports to Afghanistan decline

MTL sales to Afghanistan have decreased due to political instability

Published 18 Nov, 2025 01:13pm

Energy

Vitol, Cnergyico make Pakistan’s biggest single delivery of marine fuel

Cnergyico will continue providing Vitol with cleaner marine fuel

Updated 18 Nov, 2025 10:02pm

Companies

Rice exporter Matco Foods to launch IPO of subsidiary Falak Foods

Decision follows earlier announcement on November 17, 2025, regarding signing of a Business Transfer Agreement (BTA) with subsidiary

Updated 18 Nov, 2025 09:15pm

Currency

Bitcoin drops below $90,000 in sign of souring mood

It traded down 2% at $89,953 in the Asia afternoon, having collapsed through chart support around $98,000 last week

Published 18 Nov, 2025 11:53am

Companies

Pakistan’s Dost Steels diversifies operations, moves into construction materials supply

Dost Steels Limited (DSL), a Pakistani steel manufacturer, announced on Tuesday an expansion of its business...

Updated 18 Nov, 2025 09:04pm

Stocks

Selling engulfs bourse, KSE-100 sheds over 750 points

Benchmark index settles at 160,935.13 on Tuesday

Updated 18 Nov, 2025 06:15pm

Bullion Rate

Gold extends fall on firm dollar, easing Fed rate-cut bets

Spot gold was down 0.1% at $4,039.19 per ounce

Published 18 Nov, 2025 08:42am

Forex

Yen on defensive, dollar firms as traders dial back Fed rate cut bets

The recent moves in the yen prompted Japanese Finance Minister Satsuki Katayama to express concern at a regular news conference on Tuesday

Published 18 Nov, 2025 08:24am

Forex

Indian rupee poised to hold firm despite softer risk tone and dollar strength

*The 1-month non-deliverable forward indicated the rupee will open in the 88.60-88.62 range versus the US dollar

Published 18 Nov, 2025 08:21am

Energy

Oil flat in choppy trade as investors weigh Russia sanctions, glut forecasts

Brent crude was down 9 cents, or 0.14%, at $64.11 a barrel

Updated 18 Nov, 2025 09:44pm

Stocks

Indian stock markets set for flat open as investors await key US data

The Gift Nifty futures were trading at 25,990.5 points

Published 18 Nov, 2025 08:06am

Stocks

Stocks slip as markets eye US data barrage, Japan PM’s meet with BOJ chief

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.7% while Japan's Nikkei was off more than 2%

Published 18 Nov, 2025 08:01am

Energy

‘Pakistan can unlock billions of barrels through modern AI-supported techniques’

ISLAMABAD: Pakistan can unlock billions of barrels of untapped oil and gas reserves through modern AI-supported...

Published 18 Nov, 2025 07:22am

Companies

Auto Policy 2026–31: Indus Motor Company proposes 40% tariff difference b/w CKD & CBU vehicles

KARACHI: Indus Motor Company proposed that the upcoming Auto Policy 2026–31 should maintain at least a 40 percent...

Updated 18 Nov, 2025 03:11pm

Companies

Pak-Qatar Group participates in Capital Market Conference

KARACHI: Pak-Qatar Group participated in the International Capital Market Conference & Expo 2025, held to...

Published 18 Nov, 2025 06:57am

Commodities

Delay in GM maize approval threatens food security?

LAHORE: CropLife Pakistan has warned that continued delays in approving Genetically Modified (GM) maize hybrids ...

Published 18 Nov, 2025 06:05am

Business & Finance

PrintPak Lahore 2025: DWP Technologies showcases high-performance digital printing technologies

LAHORE: DWP Technologies, in collaboration with Xerox, made a notable impression at PrintPak Lahore 2025 by...

Published 18 Nov, 2025 06:05am

Industry

PAJCCI voices its concerns over worsening Pak-Afghan trade ‘crisis’ due to border closures

KARACHI: President of the Pakistan-Afghanistan Joint Chamber of Commerce & Industry (PAJCCI) Junaid Makda has...

Published 18 Nov, 2025 06:05am

Industry

EU envoy discusses business opportunities with FPCCI office-bearers

KARACHI: Atif Ikram Sheikh, President FPCCI; President ECO-CCI and VP CACCI, apprised that the Ambassador of the...

Published 18 Nov, 2025 06:05am

Companies

Abhi joins hands with Numou to enhance SMEs’ access to finance

KARACHI: Abhi has partnered with Numou, ADGM’s SME growth platform, for providing embedded finance and working...

Published 18 Nov, 2025 06:05am

Industry

Blue economy can help generate up to USD150bn: Ateeq

KARACHI: Pakistan’s blue economy can generate between USD 100 billion to USD 150 billion, if it is being expanded...

Updated 18 Nov, 2025 08:10am

Business & Finance

Pakistan Business Forum concerned over business environment in Balochistan

KARACHI: Expressing deep concern over the current business environment in Balochistan, the President of the Pakistan...

Updated 18 Nov, 2025 08:07am

Business & Finance

SECP conducts training session

ISLAMABAD: The sick industrial and loss-making units would be revived by exploring various avenues available under...

Published 18 Nov, 2025 06:05am

Business & Finance

Sidelines of WTDC: Shaza holds series of high-level meetings

ISLAMABAD: Pakistan has reaffirmed its ambition to become the region’s strategic digital hub, as Federal Minister...

Published 18 Nov, 2025 06:05am

Business & Finance

Awareness session held for SMEs formalisation

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with ILO, held an awareness...

Published 18 Nov, 2025 06:05am

Money & Banking

NBP set to open its branch in Uzbekistan

ISLAMABAD: In a bold step to boost financial connectivity, the state-owned National Bank of Pakistan (NBP) is set to...

Published 18 Nov, 2025 06:05am

Money & Banking

HBL MfB launches Pakistan’s first satellite-driven agri loans

LAHORE: HBL Microfinance Bank (HBL MfB), in collaboration with the Pakistan Space & Upper Atmosphere Research...

Updated 18 Nov, 2025 06:50pm

Taxes

60pc of total revenue comes from large-scale manufacturing sector: Pasha

LAHORE: “As much as 60 percent of Pakistan’s total tax revenue comes from a single sector, the large-scale...

Published 18 Nov, 2025 06:05am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 31	278
USD PKR Interbank Buying / Jul 31	277.80
USD to Japanese Yen / Jul 31	157.40
USD to Swiss Franc / Jul 31	0.81
Pound Sterling to USD / Jul 31	1.35
Euro to USD / Jul 31	1.15
SOFR % / Jul 31	3.64

Stock	Volume
S&P 500 / Jul 31	7,489.72
India Sensex / Jul 31	78,094.64
Nasdaq / Jul 31	25,373.85
FTSE 100 / Jul 31	10,868.05
Dow Jones / Jul 31	52,485.03
Germany DAX 30 / Jul 31	25,629.24
France CAC40 / Jul 31	8,509.64
Tokyo Nikkei / Aug 3	63,240.51
Hang Seng / Aug 3	25,926.38

Item	Value
Crude Oil USD/Barrel / Jul 31	84.67
Karachi Cotton PKR/37.32 KG / Jul 31	18,480
Gold 10 Grams PKR / Jul 31	369,029
Gold Spot USD/Ounce / Jul 31	4,046.15
Cotton US¢/pound / Jul 31	81.79
Petrol/Litre / Aug 3	336.03
Diesel/Litre / Aug 3	392.38

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Aug 3 First Elite Capital Modaraba(FECM)	19.88 ▲ 1.81 (10.02%)
Asim Textile / Aug 3 Asim Textile Mills Limited(ASTM)	42.22 ▲ 3.84 (10.01%)
J.A.Textile / Aug 3 J.A. Textile Mills Limited(JATM)	42.63 ▲ 3.88 (10.01%)
Gadoon Textile / Aug 3 Gadoon Textile Mills Limited(GADT)	302.79 ▲ 27.53 (10%)
Tri-Star Power / Aug 3 Tri-Star Power Limited(TSPL)	15.29 ▲ 1.39 (10%)
Shahtaj Sugar / Aug 3 Shahtaj Sugar Mills Limited(SHJS)	210.89 ▲ 19.1 (9.96%)
Pak Refinery / Aug 3 Pakistan Refinery Limited(PRL)	65.97 ▲ 5.83 (9.69%)
AL-Noor Sugar / Aug 3 Al-Noor Sugar Mills Limited(ALNRS)	134 ▲ 11.78 (9.64%)
TPL Properties / Aug 3 TPL Properties Limited(TPLP)	14.60 ▲ 1.23 (9.2%)
Orient Rental / Aug 3 Orient Rental Mod(ORM)	12.07 ▲ 0.85 (7.58%)

Stock	Price
Wasl Mobility Mod. / Aug 3 Wasl Mobility Modaraba(WASL)	6.92 ▼ -1 (-12.63%)
Dadabhoy Cement / Aug 3 Dadabhoy Cement Industries Limited(DBCI)	18.36 ▼ -2.04 (-10%)
Olympia Mills / Aug 3 Olympia Mills Limited(OML)	133.69 ▼ -14.85 (-10%)
Trust Mod. / Aug 3 Trust Modaraba(TRSM)	21.77 ▼ -2.42 (-10%)
Mughal Energy / Aug 3 Mughal Energy Limited(GEM)(GEMMEL)	24.51 ▼ -2.69 (-9.89%)
Intermarket Securities / Aug 3 Intermarket Securities Limited(IMS)	24.80 ▼ -2.48 (-9.09%)
Al-Khair Gadoon / Aug 3 Al-Khair Gadoon Limited(AKGL)	50.10 ▼ -4.22 (-7.77%)
Ellcot Spinning / Aug 3 Ellcot Spinning Mills Limited(ELSM)	153 ▼ -12.71 (-7.67%)
Aisha Steel(ConPS) / Aug 3 Aisha Steel(ConPS)(ASLPS)	36.13 ▼ -2.83 (-7.26%)
Janana De Malucho / Aug 3 Janana De Malucho Textile Mills Limited(JDMT)	167 ▼ -12.23 (-6.82%)

Stock	Volume
TPL Properties / Aug 3 TPL Properties Limited(TPLP)	46,516,532 ▲ 1.23
Cnergyico PK / Aug 3 Cnergyico PK Limited(CNERGY)	31,975,595 ▲ 0.45
Trust Sec.& Brok. / Aug 3 Trust Securities & Brokerage Limited(TSBL)	26,010,286 ▲ 0.03
Wasl Mobility Mod. / Aug 3 Wasl Mobility Modaraba(WASL)	17,870,835 ▼ -1
TPL Corp Ltd / Aug 3 TPL Corp Limited(TPL)	16,047,446 ▲ 0.97
Pak Refinery / Aug 3 Pakistan Refinery Limited(PRL)	15,853,407 ▲ 5.83
TPL REIT Fund I / Aug 3 TPL REIT Fund I(TPLRF1)	8,024,962 ▲ 0.48
Maple Leaf Cement / Aug 3 Maple Leaf Cement Factory Limited(MLCF)	7,983,362 ▲ 3.03
Oilboy Energy / Aug 3 Oilboy Energy Limited(OBOY)	7,646,442 ▼ -1.32
B.O.Punjab / Aug 3 The Bank of Punjab(BOP)	6,569,211 ▲ 0.46

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