News Archives for Business & Finance - 2025-12-04

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Business & Finance - 2025-12-04

Companies

British American Tobacco plans to offload stake in India’s ITC Hotels

BAT's shares rose 1.5% after the announcement

Published 04 Dec, 2025 09:39pm

Business & Finance

Master Chery opens priority pre-bookings for Pakistan’s largest super PHEV lineup

PHEV range marks a significant leap toward intelligent, efficient, and future-ready mobility in Pakistan

Published 04 Dec, 2025 08:44pm

Business & Finance

Pakistan curbed sale of toxic paints by more than half in 3 years: study

However, market share of hazardous oil and lead-based paints remains elevated at 41% at present in Pakistan

Updated 04 Dec, 2025 09:03pm

Business & Finance

Govt moves to tighten rules on used car imports, vows protection for local auto industry

PAMA stresses that tax reforms and tighter controls on used car imports were essential to stabilising production

Published 04 Dec, 2025 06:00pm

Markets

Saudi Arabia extends term for $3bn deposit placed with Pakistan for another year

Development a relief for central bank’s foreign exchange reserves currently standing at $14.56 billion as of November 21, 2025

Published 04 Dec, 2025 05:01pm

Companies

Chaos after India’s biggest airline cancels 1,200 flights

IndiGo said it was offering customers alternative travel arrangements and refunds while restoring its services

Published 04 Dec, 2025 04:37pm

Business & Finance

PTA imposes stringent conditions on Telenor acquisition

Regulator wants to impose certain safeguards to protect the rights of consumers and other licensees

Updated 04 Dec, 2025 04:09pm

Business & Finance

Pakistan, Kyrgyzstan sign agreements to strengthen bilateral cooperation

Includes cooperation in energy, mining, commerce, agriculture, culture, health, tourism, and regional connectivity

Updated 04 Dec, 2025 04:57pm

Stocks

Industrials, banks lift European shares higher

European shares rose on Thursday after two sessions of muted trading, lifted by industrials and banks, while copper...

Published 04 Dec, 2025 02:40pm

Commodities

Gold price drops by Rs1,700 per tola in Pakistan

Reaches Rs441,462 during the day

Published 04 Dec, 2025 02:39pm

Stocks

Major Gulf markets gain on oil, US rate cut hopes

Major stock markets in the Gulf rose in early trade on Thursday, supported by climbing oil prices and anticipation...

Published 04 Dec, 2025 02:37pm

Business & Finance

NFC session: centre, provinces agree to form technical sub-groups

Finance minister Senator Mohammed Aurangzeb inaugural meeting of the 11th National Finance Commission

Updated 04 Dec, 2025 10:42pm

Currency

Indian rupee recovers from record low, helped by foreign banks’ dollar sales

Indian rupee end up 0.2% at 89.9750

Updated 04 Dec, 2025 06:04pm

Stocks

South Korean shares end lower as AI worries overshadow auto gains

KOSPI closed down 7.79 points, or 0.19%, at 4,028.51

Published 04 Dec, 2025 01:14pm

Commodities

Iron ore extends decline as higher supply sours sentiment

SINGAPORE: Iron ore futures prices slipped for a second consecutive session on Thursday, as mounting global supplies...

Published 04 Dec, 2025 01:07pm

Currency

South African rand steady before current account data release

JOHANNESBURG: The South African rand was steady in early trade on Thursday, ahead of the release of current account...

Published 04 Dec, 2025 01:05pm

Business & Finance

Pakistan’s Salman Habib, Hassan Chaudhry make it to Forbes 30 under 30 list

Habib was chosen in the 'transportation and aerospace' cateogry while BlackRock's Chaudhry made it to the 'venture capital' list

Updated 04 Dec, 2025 03:06pm

Commodities

Shanghai copper hits record high on tightening supply

SHANGHAI: Shanghai copper hit a record high on Thursday, boosted by a spike in cancellation of the metal in...

Published 04 Dec, 2025 01:03pm

Commodities

Gold slips as investors turn cautious ahead of Fed meeting

Gold dipped on Thursday as investors booked profits and turned cautious ahead of next week’s U.S. Federal Reserve...

Published 04 Dec, 2025 12:04pm

Commodities

Palm extends losses on weaker rival oils, higher stockpile expectations

JAKARTA/KUALA LUMPUR: Malaysian palm oil futures fell for a second session on Thursday, pressured by weaker edible...

Published 04 Dec, 2025 11:50am

Forex

India’s largest private lender sees Indian rupee falling to 92 in absence of quick US trade deal

“If the trade deal with the US happens in the near future, then Indian rupee may quickly stabilise. Else Indian rupee could hover between 90 and 92,” says HDFC Bank

Published 04 Dec, 2025 11:45am

Forex

India central bank to tolerate weaker Indian rupee as inflows dry up, sources say

Indian rupee, down 5.5% on year, is Asia's worst performing currency

Published 04 Dec, 2025 11:36am

Commodities

Japan rubber futures slip on soft demand

Japanese rubber futures fell on Thursday, as weak supply-demand fundamentals overshadowed support from firmer oil....

Published 04 Dec, 2025 11:17am

Financial

Japan’s 30-year bond yields rise to record as auction tests demand

TOKYO: Record-high yields on 30-year Japanese bonds helped support demand at an auction of the debt on Thursday at a...

Published 04 Dec, 2025 10:57am

Exchange

Pakistan rupee posts marginal gain against US dollar

Currency settles at 280.45 against greenback

Updated 04 Dec, 2025 08:14pm

Companies

Kenya to sell 15% Safaricom stake to Vodacom in $1.6 billion deal

NAIROBI: Safaricom said late Wednesday that Kenya is selling a 15% stake in the telecom operator to South Africa’s...

Published 04 Dec, 2025 10:31am

Forex

Indian rupee hits record low, forward premiums surge on weakening bias

MUMBAI: The Indian rupee hit a record low on Thursday, deepening its slide past the 90 per dollar mark, as foreign...

Published 04 Dec, 2025 10:28am

Stocks

Australian shares rise as copper surge lifts mining stocks

Australian shares ended higher on Thursday as mining stocks got a boost from record-high copper prices, outweighing...

Updated 04 Dec, 2025 01:21pm

Stocks

Japan’s Nikkei ends at 3-week high as robot makers surge on physical AI bets

TOKYO: Japan’s Nikkei share average closed at a three-week high on Thursday, extending its rally for a third...

Updated 04 Dec, 2025 01:11pm

Stocks

China stocks decline for third day, investors await policy cues

HONG KONG: China stocks dropped for the third straight session on Thursday, notching a one-week low, with investors...

Updated 04 Dec, 2025 02:43pm

Stocks

India’s stock benchmarks snap losing run ahead of RBI rate decision

Nifty rose 0.18% and Sensex added 0.19%

Updated 04 Dec, 2025 05:59pm

Energy

Oil steady after Ukraine strike on Russian oil pipeline does not disrupt supply

Brent crude rose 35 cents, or 0.6%, to $63.02 at 1326 GMT

Updated 04 Dec, 2025 09:52pm

Forex

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

SINGAPORE: The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from...

Published 04 Dec, 2025 10:07am

Stocks

KSE-100 Index closes marginally higher after range-bound trading

Benchmark index above 166,000 level

Updated 04 Dec, 2025 05:55pm

Industry

Chinese delegation visits GGIP

ISLAMABAD: A Chinese delegation led by Dong Wei Wei of the HuaRui GuiXing Cultural Group, along with Liu Ying,...

Published 04 Dec, 2025 07:20am

Energy

LESCO recovers Rs150m from defaulters in Nov

LAHORE: The Lahore Electric Supply Company (LESCO) has further intensified its crackdown on electricity thieves and...

Published 04 Dec, 2025 07:10am

Taxes

Zubair Bilal given charge of Member IR Operations FBR HQ

ISLAMABAD: After serious injury to Dr Hamid Ateeq Sarwar Member (Strategic Transformation), Federal Board of Revenue...

Published 04 Dec, 2025 07:03am

Pakistan

Rabi crops: PMD warns below-normal rainfall may hinder early growth

KARACHI: Pakistan is likely to face a drier-than-usual start to the winter season along with above-normal...

Published 04 Dec, 2025 06:04am

Pakistan

PDWP approves several development projects

KARACHI: The 24th meeting of the Provincial Development Working Party (PDWP) was held on Wednesday, presided over by...

Published 04 Dec, 2025 06:04am

Taxes

Customs foils Rs167m tax evasion bid

KARACHI: The Federal Board of Revenue (FBR) has claimed that the Collectorate of Customs, Enforcement Karachi...

Published 04 Dec, 2025 06:04am

Business & Finance

Kaspersky detects around 500,000 malicious files daily in 2025

ISLAMABAD: A leading cyber security company detected around 500,000 malicious files per day in 2025, marking a 7...

Published 04 Dec, 2025 06:04am

Business & Finance

STDC announces first-ever interim dividend, declaring Rs3.27 per share payout

KARACHI: Sindh Transmission & Dispatch Company (Private) Limited (STDC) has announced the first-ever interim...

Published 04 Dec, 2025 06:04am

Business & Finance

Petroleum minister meets OMAP, OCAC officials

ISLAMABAD: The Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting on Wednesday with representatives ...

Published 04 Dec, 2025 06:04am

Business & Finance

Govt to set up single-window desks for SMEs: Haroon

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan has said...

Published 04 Dec, 2025 06:04am

Business & Finance

Pakistan calls for deeper ties among D-8 states

ISLAMABAD: Minister for Commerce Jam Kamal Khan has called for deeper cooperation among D-8 countries, including a...

Published 04 Dec, 2025 06:04am

Business & Finance

Denmark says will help Pakistan switch over to environment-friendly technologies

FAISALABAD: The Danish Government will help Pakistan to switch over to environment friendly technologies in addition...

Published 04 Dec, 2025 06:04am

Energy

Eastern Offshore Indus Block C: PPL signs Assignment Agreement with Turkish company

KARACHI: Pakistan Petroleum Limited (PPL) has formalised a major step in strengthening Pakistan-Türkiye energy...

Published 04 Dec, 2025 06:04am

Industry

Emergency moot slams ex-LCCI president behaviour

LAHORE: An important emergent meeting of the Executive Committee of the Lahore Chamber of Commerce & Industry...

Published 04 Dec, 2025 06:04am

Business & Finance

Imported mobile phones: NA body concerned at high taxes

ISLAMABAD: The National Assembly’s Standing Committee on Finance expressed serious concern over high taxes on...

Published 04 Dec, 2025 06:04am

Business & Finance

Developing nations’ debt servicing costs: World Bank for using relaxed global financing terms

LONDON: The gap between developing nations’ debt servicing costs and new financing hit a more than 50-year high of...

Published 04 Dec, 2025 06:04am

Industry

Business confidence in Pakistan surges to +22 pc: OICCI Survey

KARACHI: Pakistan’s business sentiment has strengthened notably, with the OICCI Business Confidence Index (BCI)...

Updated 04 Dec, 2025 07:51am

Companies

PMI expands partnership with Scuderia Ferrari HP

KARACHI: Philip Morris International (PMI) Inc Wednesday announced an expanded partnership with Scuderia Ferrari HP...

Published 04 Dec, 2025 06:04am

Money & Banking

‘Beyond Banking, Sowing Change’: HBL chief underscores need for aligning agri policy

ISLAMABAD: HBL Chairman, Sultan Ali Allana, spoke at the Pakistan Business Council’s 4th edition of its two-day...

Published 04 Dec, 2025 06:04am

Companies

Jubilee Life partners with InsurTech 2025 as Title Sponsor

KARACHI: Jubilee Life Insurance partnered with InsurTech 2025 as the Title Sponsor, facilitating the Summit’s ...

Published 04 Dec, 2025 06:04am

Taxes

PRA warns of strict action against unregistered businesses

LAHORE: Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra has warned that strict legal action will be ...

Published 04 Dec, 2025 06:04am

Money & Banking

Euro hits six-week high on economic, Ukraine optimism, dollar dips

NEW YORK: The euro hit a six-week high against the dollar on Wednesday, boosted by data showing an expansion in euro...

Published 04 Dec, 2025 06:04am

Companies

VIS upgrades long-term entity rating of Sindh Bank Ltd

KARACHI: VIS Credit Rating Company Limited (VIS) has upgraded the long-term entity rating of Sindh Bank Limited ...

Published 04 Dec, 2025 06:04am

Business & Finance

Debt-to-GDP ratio falls to 26pc: SBP governor

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said Pakistan’s external debt burden has...

Published 04 Dec, 2025 06:04am

Business & Finance

PIA will be put up for sell-off on 23rd: PM

ISLAMABAD: In a move that many are calling the final blow to a once-iconic national institution, Prime Minister...

Published 04 Dec, 2025 06:04am

Money & Banking

Pakistan’s external debt-to-GDP ratio drops to 26% in FY25

Country’s external debt to GDP stood at 31% a couple of years ago

Updated 04 Dec, 2025 10:05am

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Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	7.92 ▲ 1 (14.45%)
First AL-Noor Mod. / Jul 31 First Al-Noor Modaraba(FANM)	9.08 ▲ 1 (12.38%)
Cres.Star Ins. / Jul 31 Crescent Star Insurance Limited(CSIL)	6.04 ▲ 0.62 (11.44%)
Premier Insurance / Jul 31 Premier Insurance Limited(PINL)	13.41 ▲ 1.22 (10.01%)
Asim Textile / Jul 31 Asim Textile Mills Limited(ASTM)	38.38 ▲ 3.49 (10%)
Trust Mod. / Jul 31 Trust Modaraba(TRSM)	24.19 ▲ 2.2 (10%)
The Thal Ind.Corp. / Jul 31 The Thal Industries Corporation Limited(TICL)	1,151.46 ▲ 104.68 (10%)
Shahtaj Sugar / Jul 31 Shahtaj Sugar Mills Limited(SHJS)	191.79 ▲ 17.44 (10%)
J.A.Textile / Jul 31 J.A. Textile Mills Limited(JATM)	38.75 ▲ 3.52 (9.99%)
Aisha Steel(ConPS) / Jul 31 Aisha Steel(ConPS)(ASLPS)	38.96 ▲ 3.54 (9.99%)

Stock	Price
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	20.40 ▼ -2.27 (-10.01%)
Olympia Mills / Jul 31 Olympia Mills Limited(OML)	148.54 ▼ -15.74 (-9.58%)
Imperial Limited / Jul 31 Imperial Limited(IML)	21.16 ▼ -1.82 (-7.92%)
Kohinoor Power / Jul 31 Kohinoor Power Company Limited(KOHP)	25.84 ▼ -2.2 (-7.85%)
Gulistan Sp. / Jul 31 Gulistan Spinning Mills Limited(GUSM)	9.56 ▼ -0.74 (-7.18%)
786 Invest Ltd / Jul 31 786 Investments Limited(786)	24.04 ▼ -1.82 (-7.04%)
Asia Ins. / Jul 31 Asia Insurance Company Limited(ASIC)	41.12 ▼ -2.88 (-6.55%)
Shaheen Ins. / Jul 31 Shaheen Insurance Company Limited(SHNI)	8.76 ▼ -0.57 (-6.11%)
Zahid Jee Textile / Jul 31 Zahidjee Textile Mills Limited(ZAHID)	77.70 ▼ -4.87 (-5.9%)
Bhanero Textile / Jul 31 Bhanero Textile Mills Limited(BHAT)	830.44 ▼ -48.56 (-5.52%)

Stock	Volume
Trust Sec.& Brok. / Jul 31 Trust Securities & Brokerage Limited(TSBL)	178,796,682 ▲ 0.04
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	81,740,502 ▼ -2.27
Cnergyico PK / Jul 31 Cnergyico PK Limited(CNERGY)	50,456,921 ▲ 0.13
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	48,675,508 ▲ 1
TPL Properties / Jul 31 TPL Properties Limited(TPLP)	32,842,886 ▲ 0.64
F. Nat.Equities / Jul 31 First National Equities Limited(FNEL)	31,454,195 ▲ 0.02
WorldCall Telecom / Jul 31 Worldcall Telecom Limited(WTL)	28,353,328 ▲ 0
TPL Corp Ltd / Jul 31 TPL Corp Limited(TPL)	27,658,286 ▲ 1.15
Oilboy Energy / Jul 31 Oilboy Energy Limited(OBOY)	22,266,613 ▲ 0.66
Pak Refinery / Jul 31 Pakistan Refinery Limited(PRL)	21,805,902 ▲ 3.51

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