News Archives for Business & Finance - 2025-12-16

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Business & Finance - 2025-12-16

South Asia

India’s Digantara raises $50 million to boost space surveillance push

Space traffic and debris management is an escalating concern for the global space industry

Published 16 Dec, 2025 08:44pm

Financial

ICICI Prudential Asset becomes fourth most subscribed India IPO with $33 billion in bids

The share sale by the country’s second-largest asset manager sets the stage for India to notch a record year of fundraising

Published 16 Dec, 2025 07:12pm

Stocks

Gulf stocks fall as oil drops; Saudi index hits 3-month low

Saudi Arabia’s benchmark stock index lost 1.3% to end at 10,453

Published 16 Dec, 2025 07:04pm

Financial

India bonds close higher as traders positive ahead of RBI debt purchase

The risk to these estimates is on the upside given continued-but-lighter intervention by RBI in forex markets

Published 16 Dec, 2025 06:56pm

Technology

Crypto exchanges could attract FDI, reverse capital flight: experts

Pakistan recently issued NOCs to global crypto platforms Binance and HTX

Published 16 Dec, 2025 05:58pm

Stocks

Sri Lankan shares gain on real estate, energy stocks

CSE All-Share index rose nearly 0.2% to 22,333.25

Published 16 Dec, 2025 05:20pm

Industry

DRAP wins PM ‘Reform Champion’ award for regulatory modernisation

PPMA facilitates DRAP CEO Dr Obaidullah Malik as reforms strengthen pharmaceutical sector

Published 16 Dec, 2025 05:05pm

Markets

India private sector growth hits 10-month low in December, hiring stalls, PMIs show

The Flash Manufacturing PMI fell nearly one point to 55.7 from 56.6

Published 16 Dec, 2025 04:50pm

Stocks

Indian shares fall for second session; Axis Bank among top laggards

Nifty 50 fell 0.64% to 25,860.1 and the BSE Sensex lost 0.63% to 84,679.86

Published 16 Dec, 2025 04:46pm

Commodities

Copper eases in cautious trade ahead of US data

Benchmark three-month copper on the London Metal Exchange fell 0.6% to $11,592 per metric ton

Published 16 Dec, 2025 04:42pm

Commodities

Palm closes lowest in 6 months on concerns over rising stocks, weaker rival oils

Crude palm oil futures were seen trading lower following overall weakness in the global vegetable oil markets

Published 16 Dec, 2025 04:40pm

Forex

Indian Rupee hits record low, sapped by hedging demand and outflows

Indian rupee fell to 91.0750 per dollar before ending 0.3% lower at 91.0275

Published 16 Dec, 2025 04:37pm

Forex

Indian central bank’s $5 billion FX swap oversubscribed 2 times

The central bank accepted 118 bids at the FX swap auction with the premium cut-off set at 7.65 Indian rupees

Published 16 Dec, 2025 04:34pm

Markets

Pakistan reiterates desire to join BRICS

Finance Minister says Pakistan ready to play constructive role

Published 16 Dec, 2025 04:23pm

Companies

VEON-owned Jazz International Holding to acquire controlling stake in TPL Insurance

VEON Group remains the ultimate beneficial owner

Published 16 Dec, 2025 02:50pm

Taxes

FBR puts Islamabad property valuation tables on hold amid objections from real estate stakeholders

The Federal Board of Revenue (FBR) has put on hold the recently notified valuation tables for immovable properties...

Published 16 Dec, 2025 01:34pm

Commodities

Gold price drops by Rs4,000 per tola in Pakistan

International rate of gold declines by $40 to reach $4,285 per ounce

Published 16 Dec, 2025 12:16pm

Energy

Pakistan seeks oil deal with Russia as energy ministries hold talks, RIA reports

Russia also discussed upgrading a refinery in Pakistan

Updated 16 Dec, 2025 04:38pm

Markets

Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industry

The company is also scrapping a next-generation electric truck, codenamed the T3, as well as planned electric commercial vans

Published 16 Dec, 2025 11:53am

Commodities

Wheat slips to 8-week low as big Southern Hemisphere harvests boost supply

The US Department of Agriculture (USDA) last week increased its estimates for global production and end-of-season stocks

Published 16 Dec, 2025 11:35am

Forex

Kiwi dollar extends losing streak, bonds rally as markets wager on steady rates

The kiwi slipped 0.3% to $0.5764 after falling 0.4% overnight to be well off its two-month peak of $0.5831

Published 16 Dec, 2025 11:34am

Mutual Funds

India bonds search for direction, state debt auction may provide some clues

The benchmark 10-year yield was at 6.5924%

Published 16 Dec, 2025 11:32am

Stocks

China stocks hit two-month low, joining regional slide as US data looms

The blue-chip CSI 300 Index lost 1.4% to the lowest in nearly three weeks

Published 16 Dec, 2025 11:28am

Mutual Funds

Japan bonds drift ahead of US jobs data, BOJ policy meeting

The yield on 10-year JGBs was flat at 1.955%

Published 16 Dec, 2025 11:26am

Commodities

Iron ore edges higher on anticipation of holiday restocking

The most-traded iron ore contract on China's Dalian Commodity Exchange (DCE) added 0.66% to 758 yuan ($107.63) a metric ton

Published 16 Dec, 2025 11:22am

Stocks

Australian shares inch higher with boost from banks and

The S&P/ASX 200 index rose 0.2% to 8,653.50 points

Published 16 Dec, 2025 11:21am

Commodities

Copper eases on weak Chinese economic data

The most-traded copper contract on the Shanghai Futures Exchange declined 1.29% to 91,380 yuan ($12,975.87) a metric ton

Published 16 Dec, 2025 11:10am

Forex

Thai baht/US dollar slightly weaker on Tuesday

The baht was 0.08% lower at 31.48 versus the dollar, after trading in a range of 31.450 to 31.550

Published 16 Dec, 2025 11:08am

Stocks

Japan’s Nikkei falls 1% as AI stocks slip ahead of US jobs data

The Nikkei was down 1.3% at 49,510.60

Published 16 Dec, 2025 11:03am

Commodities

Palm oil slips on weaker rival oils, crude, soft export data

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange slid 24 ringgit, or 0.6%, to 3,989 ringgit

Published 16 Dec, 2025 11:00am

Bullion Rate

Gold edges higher as dollar eases ahead of year-end US jobs data

Spot gold was up 0.1% at $4,311.64 per ounce

Published 16 Dec, 2025 10:56am

Forex

Yuan hits fresh 14-month high on strong fix

The onshore yuan hit 7.0417 per dollar in early trade, the strongest level since September 30, 2024

Published 16 Dec, 2025 10:33am

Companies

DH Partners, Cyan to merge into Dawood Lawrencepur

Scheme is subject to the requisite corporate and regulatory approvals

Published 16 Dec, 2025 10:30am

Exchange

Rupee records gain against US dollar

Currency settles at 280.30 against the greenback

Updated 16 Dec, 2025 08:29pm

Stocks

KSE-100 closes lower amid late-session selling

Benchmark index settles at 170,447.29

Updated 16 Dec, 2025 07:51pm

Stocks

India equity benchmarks set for muted start on persistent foreign outflows

The Gift Nifty futures were trading at 26,035 points

Published 16 Dec, 2025 08:35am

Forex

Indian rupee may open at fresh record low, with risk-off tone compounding flow mismatch

The 1-month non-deliverable forward indicated the rupee will open in the 90.80-90.85 range against the US dollar, after settling at 90.73 on Monday

Published 16 Dec, 2025 08:32am

Stocks

Stocks slide as investors on edge ahead of data, central bank meetings

The defensive mood kept risk assets under pressure, including bitcoin , which hit a two-week low in the previous session and was steady at $86,407.53

Published 16 Dec, 2025 08:18am

Forex

Dollar on defensive as traders eye delayed US jobs data

The dollar index , which measures the currency's strength against a basket of six key rivals, was down 0.2% at 98.261, approaching the lowest levels since October 17

Published 16 Dec, 2025 08:15am

Energy

Oil slips below $60 on Russia-Ukraine peace deal talks, weak China data

Brent crude futures fall 81 cents, or around 1.3%, to $59.75 a barrel

Updated 16 Dec, 2025 07:09pm

Business & Finance

Adviser to KP CM highlights ongoing economic ‘struggles’

ISLAMABAD: Muzzammil Aslam, Adviser to the Chief Minister of Khyber Pakhtunkhwa on Economy, on Monday highlighted ...

Published 16 Dec, 2025 08:00am

Pakistan

CAT upholds CCP order, cuts poultry cartel fine to Rs25m

ISLAMABAD: Deciding a long-outstanding cartel case involving the Pakistan Poultry Association (PPA), the Competition...

Published 16 Dec, 2025 07:51am

Business & Finance

Tourism strategy: CCoSOEs directs Ministry to resubmit proposal, PTDC’s role

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Monday directed the Ministry of...

Published 16 Dec, 2025 07:50am

Industry

ECO-CCI events scheduled on Jan 22

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

Published 16 Dec, 2025 07:47am

Industry

Cut in policy rate: S M Tanveer hails SBP’s decision

LAHORE: S M Tanveer, FPCCI leader and Patron-in-Chief, UBG, has welcomed the decision of the State Bank of Pakistan...

Published 16 Dec, 2025 07:40am

Business & Finance

TDAP holds meeting to enhance olive production, marketing

PESHAWAR: A meeting was held between TDAP Peshawar and the Olive Culture II Scale-up Project Team at the Agriculture...

Published 16 Dec, 2025 07:32am

Business & Finance

PSW extends post-payment regime to SIDC

KARACHI: Pakistan Single Window (PSW), in collaboration with the Federal Board of Revenue and Pakistan Customs, has...

Published 16 Dec, 2025 07:31am

Business & Finance

Petroleum sector: Pakistan, Kuwait explore ways to boost cooperation

ISLAMABAD: Ali Pervaiz Malik, Federal Minister for Petroleum, held a meeting with Tariq Sulaiman Al-Roumi, Minister...

Published 16 Dec, 2025 06:04am

Pakistan

Minister for increase in wheat cultivation

ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain on Monday urged an increase...

Published 16 Dec, 2025 06:04am

Industry

Business community not happy with ‘minor’ cut in policy rate

KARACHI: The business community has expressed dissatisfaction over minor reduction in policy rate and termed it like...

Updated 16 Dec, 2025 08:39am

Business & Finance

Aurangzeb, SPDC body discuss key structural, fiscal challenges

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday held a detailed and...

Published 16 Dec, 2025 06:04am

Industry

Cut in policy rate to help fuel economic activity: LCCI

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI), Faheem ur Rehman Saigol on Monday, has said...

Published 16 Dec, 2025 06:04am

Industry

Federal capital: Traders reject hike in property valuation rates

ISLAMABAD: The business community has categorically rejected the Federal Board of Revenue’s (FBR) decision to...

Published 16 Dec, 2025 06:04am

Business & Finance

Govt taking steps to cut cost of doing business: Kayani

ISLAMABAD: Acknowledging the high cost of doing business in the country, Minister of State for Finance Bilal Azhar...

Published 16 Dec, 2025 06:04am

Business & Finance

PM recognises SECP as ‘Reforms Champion’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been recognized as a “Reforms Champion”...

Published 16 Dec, 2025 06:04am

Industry

Transporters’ strike paralyses supply chains, threatens industry: PALSP

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has expressed deep concern over the escalating...

Updated 16 Dec, 2025 08:40am

Industry

PVMA concerned at ongoing strike by transporters of goods

KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has expressed serious...

Updated 16 Dec, 2025 08:40am

Taxes

Pre-arrival GD filings: APCAA welcomes post-payment mechanism for all taxes

KARACHI: All Pakistan Customs Agents Association (APCAA) has welcomed the introduction of a post-payment mechanism...

Published 16 Dec, 2025 06:04am

Business & Finance

Pakistan okays export of kinnows, potatoes through Iran

ISLAMABAD: Pakistan has allowed export of Kinnow and potatoes to Common Wealth of Independent States (CIS) through...

Updated 16 Dec, 2025 07:09am

Business & Finance

PM praises economic team for rate cut

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday lauded the economic team led by Finance Minister Muhammad...

Published 16 Dec, 2025 06:04am

Business & Finance

HSD price slashed by Rs14; petrol’s kept unchanged

ISLAMABAD: The federal government announced a significant reduction in the price of High Speed Diesel (HSD) while...

Published 16 Dec, 2025 06:04am

Agriculture and Allied

Agri and livestock sectors: MNFS&R urged to ensure effective federal-provinces coordination

ISLAMABAD: A parliamentary body on Monday urged the Ministry of National Food Security and Research (MNFS&R) to...

Updated 16 Dec, 2025 08:38am

Business & Finance

China urges Gulf nations to seal free trade agreement

BEIJING: China’s foreign minister has pressed the Gulf Cooperation Council to conclude long-running talks on a free...

Updated 16 Dec, 2025 08:39am

Companies

JW SEZ Group & Shalimar Group launch Zalmi Developments

LAHORE: JW SEZ Group & Shalimar Group officially announced the launch of Zalmi Developments, marking a strategic...

Updated 16 Dec, 2025 08:39am

Industry

‘SME Roadmap is central pillar of economic transformation’

LAHORE: The implementation on National SME and Worker Formalisation Roadmap will pave way for competitive economic...

Updated 16 Dec, 2025 08:39am

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
Tokyo Nikkei / Jul 31	64,362.02
Nasdaq / Jul 31	25,373.85
Hang Seng / Jul 31	25,884.43
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

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 1	336.03
Diesel/Litre / Aug 1	392.38

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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