News Archives for Business & Finance - 2025-11-19

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Business & Finance - 2025-11-19

South Asia

Bangladesh court halts arbitration with India’s Adani Power over dues

DHAKA/NEW DELHI: The Bangladesh High Court on Wednesday halted arbitration proceedings between the country’s power...

Published 19 Nov, 2025 09:40pm

Middle East

AMD, Cisco and Saudi’s Humain launch AI joint venture, land first major customer

SAN FRANCISCO: Advanced Micro Devices, Cisco Systems and Saudi Arabian artificial intelligence startup Humain are...

Published 19 Nov, 2025 09:35pm

Middle East

MP Materials to build Saudi rare earths refinery with Pentagon, Maaden

MP Materials said on Wednesday it would build a rare earths refinery in Saudi Arabia with the U.S. Department of...

Published 19 Nov, 2025 09:13pm

Commodities

Copper rebounds as stocks stabilise amid supply worries

LONDON: Copper prices recovered on Wednesday as some investors viewed the recent retreat a good entry point as stock...

Published 19 Nov, 2025 09:05pm

Markets

Multinational firms repatriated one-year high profit of $385.6mn from Pakistan in Oct 2025

Power sector sends highest amount of profit to their headquarters abroad at $341.7 million in first four month of FY26

Updated 19 Nov, 2025 10:22pm

Markets

Indian state regulator delays power deal with Adani’s $2 billion project over cost issues

NEW DELHI: The power regulator for northern Indian state Uttar Pradesh has delayed approval of a power supply deal...

Published 19 Nov, 2025 07:35pm

Markets

US trade gap narrows in August in report delayed by shutdown

In August, the overall US trade deficit narrowed, reaching $59.6 billion

Published 19 Nov, 2025 07:35pm

Stocks

Gulf markets dip amid caution ahead of Nvidia earnings, US jobs data

Most Gulf stock markets ended lower on Wednesday, tracking global peers as investors turned cautious ahead of...

Published 19 Nov, 2025 07:31pm

Technology

Adobe bolsters AI marketing tools with $1.9 billion Semrush buy

Adobe will acquire software platform Semrush for $1.9 billion, the companies said on Wednesday, as the Photoshop...

Published 19 Nov, 2025 07:24pm

Stocks

Wall Street on pace for higher open as Nvidia test looms

Wall Street’s main indexes were set for a higher open on Wednesday following sharp losses earlier in the week, as...

Published 19 Nov, 2025 07:19pm

Stocks

IT, materials stocks drag Sri Lankan shares lower

CSE All-Share index settled 0.09% lower at 23,029.86 points

Published 19 Nov, 2025 05:10pm

Asia

China passes US to return as Germany’s top trade partner

Figure for trade between Germany and the United States slowed by almost 4%

Published 19 Nov, 2025 04:48pm

Financial

India bonds inch lower after Bloomberg index entry euphoria calms

MUMBAI: Indian government bonds dipped slightly on Wednesday after a short-lived rally on hopes of a potential...

Published 19 Nov, 2025 04:41pm

Middle East

Saudi crown prince seeks to burnish image with Corporate America’s top executives

WASHINGTON: Saudi Arabian Crown Prince Mohammed bin Salman will rub shoulders with many of Corporate America’s most...

Published 19 Nov, 2025 04:38pm

Stocks

Shield Corporation to exit PSX

Company announced development in a filing to bourse

Updated 19 Nov, 2025 10:05pm

Commodities

Palm hits almost three-week high on strong soyoil

KUALA LUMPUR: Malaysian palm oil futures rose to their highest close in almost three weekson Wednesday after rising...

Published 19 Nov, 2025 04:21pm

Commodities

India considers raising sugar floor price, ethanol rates to support mills, sources say

MUMBAI: India is considering raising the floor price for sugar sales in the domestic market, government and industry...

Published 19 Nov, 2025 04:09pm

Forex

Indian rupee ends nearly flat, wedged between competing merchant flows

MUMBAI: The rupee closed nearly unchanged on Wednesday, easing off a two-week high as importer dollar demand ate...

Published 19 Nov, 2025 04:05pm

Stocks

Indian shares closer to peak levels as foreign inflows likely help

Indian shares shook off early nerves and inched closer to record highs on Wednesday, underpinned possibly by foreign...

Published 19 Nov, 2025 04:01pm

South Asia

Indian seafood exporters rally after report of China suspending Japanese imports

Indian seafood exporters surged as much as 11% on Wednesday following media report that China had notified Japan of...

Published 19 Nov, 2025 03:56pm

Commodities

South Korea’s MFG starts buying corn in tender, traders say

The tender seeks up to 210,000 tons for February 2026 arrival and negotiations about more purchases continue

Published 19 Nov, 2025 03:40pm

Companies

Pakistan’s PPL to create artificial island to ramp up oil & gas exploration: report

Pakistan Petroleum Limited (PPL), one of the country’s leading energy companies, is reclaiming land from the sea to...

Updated 19 Nov, 2025 10:07pm

Business & Finance

Turkiye keen to invest in Sindh’s Special Economic Zones

SEZs in Sindh include Karachi Education City and Marble City

Updated 19 Nov, 2025 04:27pm

Money & Banking

Lootah proposes shareholding adjustment at Bank Makramah

Bank Makramah Limited (BML) has received a formal proposal from its sole sponsor shareholder, Nasser Abdulla Hussain...

Published 19 Nov, 2025 01:53pm

Financial

Gold price per tola gains Rs7,900 in Pakistan

Silver price increases by Rs177 per tola to reach Rs5,422

Published 19 Nov, 2025 01:10pm

Commodities

Jordan issues tender to buy up to 120,000 metric tons wheat

The deadline for submission of price offers in the tender is November 25

Published 19 Nov, 2025 12:41pm

Markets

Flydubai CEO says range and size drove Airbus jet order

Ghaith Al Gaith said in an interview that the door had always been open to Airbus since the airline's 2008 debut

Published 19 Nov, 2025 12:40pm

Stocks

South Korean shares extend losses as chipmakers track Wall Street slide

The benchmark KOSPI was down 97.51 points, or 2.47%, at 3,856.11

Published 19 Nov, 2025 12:34pm

Stocks

Retail investors drive 40% rally at PSX: Bloomberg

Rising inflation, regional tensions could weigh on sentiments

Updated 19 Nov, 2025 10:12pm

Forex

Thai baht/US dollar steady on Wednesday

The baht was 0.06% lower at 32.39 versus the dollar, after trading in a range of 32.390 to 32.415.

Published 19 Nov, 2025 12:31pm

Stocks

Japan’s Nikkei stages cautious rebound after plunge on tech valuation concerns

The Nikkei 225 Index advanced 0.4% to 48,899.69 in early trading

Published 19 Nov, 2025 12:30pm

Stocks

Australian shares range-bound as sector-wide strength counters banking slump

The S&P/ASX 200 index held its ground at 8,474.50

Published 19 Nov, 2025 12:29pm

Commodities

Copper inches up as investors weigh US job data, Fed rate decision

The most-active copper contract on the Shanghai Futures Exchange gained 0.15% to 86,060 yuan

Published 19 Nov, 2025 12:27pm

Commodities

Soybeans fall for second session; market eyes Chinese demand

The most-active soybean contract on the Chicago Board of Trade (CBOT) was down 0.4% at $11.49-1/4 a bushel

Published 19 Nov, 2025 12:26pm

Commodities

Malaysian palm oil futures rise for fifth day on rival oils strength

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 36 ringgit

Published 19 Nov, 2025 12:24pm

Forex

Yuan steady before US jobs report expected to guide Fed rate path

The yuan was 0.04% lower at 7.1100 to the dollar after trading in a range of 7.1081 to 7.1133

Published 19 Nov, 2025 12:05pm

Markets

India’s Adani Enterprises wins creditor nod for $1.53bn takeover plan for Jaiprakash Associates, sources say

Besides Adani and Vedanta, other bidders included Dalmia Bharat, Jindal Power and PNC Infratech

Published 19 Nov, 2025 11:58am

Money & Banking

Bank Makramah secures court approval for restructuring

Allows the bank to comply with SBP's minimum capital requirements

Published 19 Nov, 2025 11:58am

Stocks

HK stocks set to extend losing streak on Wall Street woes, geopolitical tensions

Hong Kong benchmark Hang Seng dropped 0.5% by the midday break

Published 19 Nov, 2025 11:56am

Forex

Australia, New Zealand dollars slip as Nvidia test looms

The kiwi dollar dropped 0.4% to $0.5634, the lowest level in a week

Published 19 Nov, 2025 11:52am

Mutual Funds

Benchmark JGB yields touch 17-year high on spending concerns

The 10-year JGB yield rose 1.5 basis points (bps) to 1.76%, and earlier reached 1.775%, the highest since June 2008

Published 19 Nov, 2025 11:41am

Markets

China to suspend imports of Japanese seafood amid diplomatic dispute, media reports

Before that ban, China accounted for more than a fifth of all Japan’s seafood exports, according to official data

Published 19 Nov, 2025 11:21am

Mutual Funds

India bonds rangebound as Bloomberg index-entry hopes counter

The yield on the benchmark 10-year note was at 6.5157%

Published 19 Nov, 2025 11:16am

Companies

Air India seeks China route over Xinjiang as Pakistan airspace closure triggers heavy losses

Financial toll from ban on Indian carriers flying over Pakistan mounts

Published 19 Nov, 2025 10:49am

Exchange

Rupee registers gain against US dollar

Currency settles at 280.66 against greenback

Updated 19 Nov, 2025 07:21pm

Stocks

Buying returns to bourse, KSE-100 settles with nearly 1,300 points gain

Benchmark index settles above 162,000

Updated 19 Nov, 2025 06:59pm

Markets

Nvidia set for $320 billion price swing after earnings, options indicate

Nvidia shares have come under pressure in recent days on news of some high-profile investors

Published 19 Nov, 2025 08:56am

Pakistan

‘KFH to be upgraded with EU standards’

KARACHI: Sindh government has initiated comprehensive planning to upgrade the Karachi Fish Harbour in accordance ...

Published 19 Nov, 2025 08:55am

Bullion Rate

Gold subdued as dollar firms; spotlight on Fed minutes, US jobs data

Spot gold was down 0.2% at $4,059 per ounce

Published 19 Nov, 2025 08:51am

Stocks

India equity benchmarks to open flat on subdued global sentiment

The Gift Nifty futures were trading at 25,969 points

Published 19 Nov, 2025 08:48am

Forex

Indian rupee set to ignore weaker Asian peers, eyes US-India trade deal cues

The 1-month non-deliverable forward indicated the rupee will open in the 88.58-88.62 range versus the US dollar, having settled at 88.6050 on Tuesday

Published 19 Nov, 2025 08:45am

Companies

CCP approves acquisition of TSYS

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of Total System Services LLC...

Published 19 Nov, 2025 08:39am

Industry

PAPS-2025 concludes on positive note

KARACHI: The Pakistan Auto Show (PAPS) 2025 ended after witnessing a number of new vehicles launches and innovative...

Published 19 Nov, 2025 08:30am

Markets

Elon Musk, Jensen Huang to talk AI at US-Saudi investment forum

The discussion will be moderated by Abdullah Alswaha, Saudi Arabia's minister of communications & information technology

Published 19 Nov, 2025 08:29am

Stocks

Asia markets wobble toward Nvidia earnings test

Japan's Nikkei made an unsteady 0.4% gain and South Korea's Kospi fell 0.8%

Published 19 Nov, 2025 08:25am

Forex

Yen bid, dollar steadies as investors look for safety from global selloff

The yen advanced 0.1% after hitting a nine-month low against the dollar on Tuesday and was fetching 155.49 yen to the dollar

Published 19 Nov, 2025 08:22am

Energy

Oil falls sharply after report of US proposal to end Russia-Ukraine war

Brent crude futures fell $1.81, or 2.8%, to $63.08 a barrel

Updated 19 Nov, 2025 07:14pm

Business & Finance

Could a $500m MoU draw Pakistan into a US–China minerals rivalry?

Cooperating with US in critical minerals sector could test Islamabad's diplomatic balance, according to one expert

Published 19 Nov, 2025 08:00am

Pakistan

Reko Diq project: progress reviewed

ISLAMABAD: The Senate Standing Committee on Petroleum on Tuesday discussed issues in gas supply and refinery ...

Published 19 Nov, 2025 07:54am

Companies

Chevron Pakistan Lubricants, HBL launch strategic partnership

KARACHI: Chevron Pakistan Lubricants (Private) Limited is pleased to announce the establishment of a strategic...

Published 19 Nov, 2025 07:51am

Business & Finance

First quarter of current fiscal year: Punjab’s total debt portfolio declines by Rs34.8bn

LAHORE: The Punjab government’s total debt portfolio declined by Rs34.8 billion, a drop of 2 percent, during the...

Published 19 Nov, 2025 07:48am

Industry

Belgium envoy opens ‘Belgian Catalogues Exhibition’

LAHORE: The Ambassador of Belgium to Pakistan, Charles Idesbald Van Der Gracht, commended Pakistan’s economic...

Published 19 Nov, 2025 07:47am

Commodities

‘Supply & demand of sugar stable across Punjab’

LAHORE: Punjab currently holds 11,937 metric tons of sugar in stock. As sugarcane crushing season has begun on...

Published 19 Nov, 2025 07:45am

Industry

PRGMEA, ABIT sign MoU to boost ties in textile sector

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and the Brazilian Textile...

Published 19 Nov, 2025 07:44am

Taxes

PRA seizes record of 20 businesses

LAHORE: The Punjab Revenue Authority (PRA) has accelerated its province-wide crackdown on tax defaulters, seizing...

Published 19 Nov, 2025 07:21am

Money & Banking

BOJ chief tells Takaichi central bank seeking smooth landing towards price goal

TOKYO: Bank of Japan Governor Kazuo Ueda said on Tuesday he told Prime Minister Sanae Takaichi the central bank was...

Published 19 Nov, 2025 07:18am

Cotton & Textile

Volume of business improves on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst ...

Published 19 Nov, 2025 07:03am

Business & Finance

Ahsan for plan to ensure price stability

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal directed all relevant...

Published 19 Nov, 2025 06:53am

Business & Finance

Bulgarian envoy for strengthening bilateral trade ties

KARACHI: Ambassador of the Republic of Bulgaria Irena Gancheva has said that as Bulgaria and Pakistan celebrate the...

Published 19 Nov, 2025 06:51am

Companies

Fresh proceedings: Competition Appellate Tribunal remands Al-Ghazi Tractors Ltd case back to CCP

ISLAMABAD: The Competition Appellate Tribunal, Islamabad has remanded the Al-Ghazi Tractors Limited case back to the...

Published 19 Nov, 2025 06:49am

Business & Finance

EPBD hosts high-profile DIALOG delegation

ISLAMABAD: The Economic Policy and Business Development (EPBD), a think tank, hosted a high-profile delegation of...

Published 19 Nov, 2025 06:47am

Business & Finance

Extensions for filing tax returns: FTO directs investigation against FBR over inaction

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed that an investigation be initiated against the Federal Board...

Published 19 Nov, 2025 06:14am

World

Trump hails $1trn Saudi investment pledge

WASHINGTON: Donald Trump defended Saudi Arabia’s Crown Prince Mohammed bin Salman over the murder of a journalist...

Published 19 Nov, 2025 06:14am

Business & Finance

Karachi Port: Standardised bunkering operations launched

KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry announced the launch of standardized...

Published 19 Nov, 2025 06:14am

Business & Finance

Pakistan, Azerbaijan explore digital partnerships

Both countries agreed to promote a structured startup ecosystem exchange program

Published 19 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 / 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%)
Gadoon Textile / Aug 3 Gadoon Textile Mills Limited(GADT)	302.79 ▲ 27.53 (10%)
Shahtaj Sugar / Aug 3 Shahtaj Sugar Mills Limited(SHJS)	210.97 ▲ 19.18 (10%)
Tri-Star Power / Aug 3 Tri-Star Power Limited(TSPL)	15.29 ▲ 1.39 (10%)
Sindh Abadgar / Aug 3 Sindh Abadgar's Sugar Mills Limited(SASML)	393.30 ▲ 35.75 (10%)
TPL Properties / Aug 3 TPL Properties Limited(TPLP)	14.60 ▲ 1.23 (9.2%)
AL-Noor Sugar / Aug 3 Al-Noor Sugar Mills Limited(ALNRS)	132 ▲ 9.78 (8%)
The Thal Ind.Corp. / Aug 3 The Thal Industries Corporation Limited(TICL)	1,239.98 ▲ 88.52 (7.69%)
Ali Asghar / Aug 3 Ali Asghar Textile Mills Limited(AATM)	57.84 ▲ 3.9 (7.23%)

Stock	Price
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%)
Aisha Steel(ConPS) / Aug 3 Aisha Steel(ConPS)(ASLPS)	35.13 ▼ -3.83 (-9.83%)
Wasl Mobility Mod. / Aug 3 Wasl Mobility Modaraba(WASL)	7.16 ▼ -0.76 (-9.6%)
Premier Insurance / Aug 3 Premier Insurance Limited(PINL)	12.20 ▼ -1.21 (-9.02%)
Grays Leasing / Aug 3 Grays Leasing Limited(GRYL)	20.86 ▼ -2.04 (-8.91%)
Security Investment Bank / Aug 3 Security Investment Bank Limited(SIBL)	6.80 ▼ -0.6 (-8.11%)
Ellcot Spinning / Aug 3 Ellcot Spinning Mills Limited(ELSM)	152.50 ▼ -13.21 (-7.97%)
GOC (Pak) / Aug 3 GOC (Pak) Limited.(GOC)	186 ▼ -13.52 (-6.78%)

Stock	Volume
TPL Properties / Aug 3 TPL Properties Limited(TPLP)	29,531,037 ▲ 1.23
Trust Sec.& Brok. / Aug 3 Trust Securities & Brokerage Limited(TSBL)	16,760,665 ▲ 0
Wasl Mobility Mod. / Aug 3 Wasl Mobility Modaraba(WASL)	10,756,485 ▼ -0.76
TPL Corp Ltd / Aug 3 TPL Corp Limited(TPL)	8,074,624 ▲ 1.37
Pak Refinery / Aug 3 Pakistan Refinery Limited(PRL)	6,032,930 ▲ 2.36
Cnergyico PK / Aug 3 Cnergyico PK Limited(CNERGY)	6,011,510 ▲ 0.16
Maple Leaf Cement / Aug 3 Maple Leaf Cement Factory Limited(MLCF)	5,829,572 ▲ 3.13
B.O.Punjab / Aug 3 The Bank of Punjab(BOP)	4,905,645 ▲ 0.49
Oilboy Energy / Aug 3 Oilboy Energy Limited(OBOY)	4,319,235 ▼ -1.01
Itanz Technologies / Aug 3 Itanz Technologies Limited(ITANZ)	4,288,208 ▲ 1.89

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