News Archives for Business & Finance - 2026-01-02

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Business & Finance - 2026-01-02

Business & Finance

Pakistan to highlight mineral investment opportunities at Riyadh forum

Minister Malik says Pakistan would set up a dedicated pavilion at the forum to present the country’s vast geological and mineral resources to global investors

Published 02 Jan, 2026 07:37pm

Markets

2025 sees investors focus on gold and stocks, away from real estate and US dollar

Experts believe prevailing investment trend likely to persist in 2026

Published 02 Jan, 2026 06:46pm

Commodities

Nickel notches 14-month high after Vale Indonesia halts mining

Three-month nickel on the LME climbed as much as 1.8% to $16,945 a metric ton

Published 02 Jan, 2026 06:16pm

Stocks

Sri Lanka shares extend rally into 2026; post 3.6% weekly gain

CSE All Share index climbed 1.06% to 22,864.08

Published 02 Jan, 2026 06:13pm

Financial

India bonds dip as supply fears loom before state debt plans

Benchmark 10-year yield settled at 6.6062%, up from 6.5818% on Thursday

Published 02 Jan, 2026 05:29pm

Energy

India asks refiners for weekly Russian oil import data as it seeks US trade deal, sources say

Doubled import tariffs on Indian goods to 50% last year as punishment for its heavy purchasing of Russian oil

Published 02 Jan, 2026 05:27pm

Currency

Sterling struggles for direction on first trading day of 2026

Sterling was last trading at $1.3447 versus the dollar

Published 02 Jan, 2026 05:10pm

Commodities

Palm oil starts 2026 on weak note as export data disappoints; production in focus

Indonesia has set its crude palm oil reference price at $915.64 per ton for January

Published 02 Jan, 2026 05:07pm

Energy

Attock Refinery temporarily shuts main crude facility

Attock Refinery Limited (ARL), a key player in Pakistan’s downstream petroleum sector, has temporarily shut down its...

Published 02 Jan, 2026 04:48pm

Commodities

Coal India opens up auctions to buyers from Bangladesh, Nepal and Bhutan

Shares of Coal India extended gains to trade more than 6% higher at 426 Indian rupees

Published 02 Jan, 2026 04:36pm

Forex

Indian rupee down, slips for second week as dollar demand outlasts likely RBI support

90 level and closed 0.3% weaker at 90.1950, its lowest close in two weeks

Published 02 Jan, 2026 04:31pm

Stocks

India’s Nifty 50 hits record high as investors bet on earnings growth recovery

Nifty 50 hit a record high of 26,340 before ending up 0.7% at an all-time closing high level of 26,328.55

Published 02 Jan, 2026 04:27pm

Real Estate

Pakistan’s trade deficit surges 24% YoY to $3.7bn in December 2025

Country’s trade balance was recorded at a deficit of $2.99 billion in December 2024.

Updated 02 Jan, 2026 08:06pm

Business & Finance

Minister admits power costs, shortages are undermining Pakistan’s fisheries exports

Chaudhry says urgent reforms are essential

Published 02 Jan, 2026 03:09pm

Commodities

Gold per tola gains Rs5,700 in Pakistan

10-gram gold sold at Rs394,600 a

Published 02 Jan, 2026 02:54pm

Companies

Exiting PSX: Shield Corp to buy back minority shares at Rs465

Cites low liquidity and losses as reasons for exit

Published 02 Jan, 2026 01:51pm

Stocks

European shares start 2026 by hitting a record high

The pan-European STOXX 600 index rose 0.4% as investors returned from New Year celebrations

Published 02 Jan, 2026 01:50pm

Stocks

Britain’s FTSE-100 index hits 10,000 mark for first time

The British benchmark gained nearly 22% in 2025, its best year since 2009, outperforming Europe's broad STOXX 600 index and the S&P 500

Published 02 Jan, 2026 01:48pm

Markets

India’s Adani Group flagship firm to launch public bond issue next week, bankers say

The Adani Group's flagship firm will issue bonds with two-, three- and five-year maturities, with 35% earmarked for retail investors, according to the bankers

Published 02 Jan, 2026 12:21pm

Business & Finance

Govt allows Norse Atlantic to operate flights to Pakistan

The airline will operate direct flights from London, Manchester and Birmingham to Islamabad

Published 02 Jan, 2026 12:16pm

Markets

Indian KFC, Pizza Hut operator Devyani rises on $934 million Sapphire merger

Devyani’s stock was last trading 2.8% higher at 151.39 rupees

Published 02 Jan, 2026 11:54am

Markets

Asia’s factories end 2025 on firmer footing as orders pick up

They followed PMIs released for China on Tuesday, which also showed an unexpected turnaround in factory activity in the world's second-largest economy

Published 02 Jan, 2026 11:37am

Technology

5G spectrum auction: cabinet approves MVNO framework

MVNO framework aims to guide spectrum needs and support better decision-making during the 5G auction

Published 02 Jan, 2026 11:36am

Stocks

Australian shares dip as miners, gold stocks slip; Northern Star slumps

The S&P/ASX 200 index fell 0.1% to 8,703.4

Published 02 Jan, 2026 11:17am

Companies

Mezan Beverages fined Rs150mn for imitating Pepsi’s Sting energy drink

CCP order concludes that such conduct “amounted to parasitic copying and constituted deceptive marketing prohibited under Pakistan’s competition law”

Updated 03 Jan, 2026 06:56am

Commodities

Copper starts New Year on a firm note after record-setting 2025 rally

SINGAPORE: London copper rose 0.8% on Friday, starting the New Year on a positive note after a stellar 2025 in which...

Published 02 Jan, 2026 11:14am

Energy

TAL JV discovers gas in KP’s Kohat

Exploratory well spudded in on August 10, 2025 and successfully reached the target depth of 4011m TVD

Published 02 Jan, 2026 11:08am

Commodities

Palm oil starts 2026 trade on weak note, production data in focus

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange dropped 1.41% to 3,993 ringgit

Published 02 Jan, 2026 11:08am

Markets

Samsung Electronics says customers praised competitiveness of HBM4 chip

Shares of Samsung Electronics and its rival SK Hynix were up 4.5% and 3.1%

Published 02 Jan, 2026 11:06am

Energy

China receives 22 shipments of LNG from sanctioned Russian projects in 2025

One shipment was from Portovaya and the rest were from the Arctic LNG 2 project

Published 02 Jan, 2026 10:43am

Taxes

Aurangzeb urges FBR to intensify enforcement, expand tax net

FBR collected Rs1,427.1 billion in December 2025, achieving 99% of its monthly target

Published 02 Jan, 2026 10:42am

Stocks

Hong Kong stocks start 2026 strong on tech rally

By the midday break on Friday, the benchmark Hang Seng Index had added 2.2% to 26,189.79

Published 02 Jan, 2026 10:40am

Markets

Lacklustre demand drags Indian factory growth to two-year low in December

The HSBC India Manufacturing Purchasing Managers’ Index (PMI) compiled by S&P Global fell to 55.0 in December from 56.6 in November

Published 02 Jan, 2026 10:37am

Mutual Funds

India bonds dip before debt sale; state supply eyed

The benchmark 10-year yield was at 6.6002%

Published 02 Jan, 2026 10:35am

Bullion Rate

Precious metals kick off the New Year higher after a robust 2025 rally

Spot gold climbed 1.3% to $4,372.02 per ounce

Published 02 Jan, 2026 10:33am

Exchange

Rupee inches up against US dollar

Currency settles at 280.11 against greenback

Updated 02 Jan, 2026 08:17pm

Stocks

Historic run continues: KSE-100 settles above 179,000

Benchmark index gains nearly 2,700 points on Friday

Updated 02 Jan, 2026 08:26pm

Forex

Indian rupee to mark time with traders seeking visibility on New Year flows

The non-deliverable forward indicated the rupee will open in the 89.94-89.96 range versus the US dollar, having settled at 89.9625 on Thursday

Published 02 Jan, 2026 08:03am

Stocks

Indian equity benchmarks likely to open higher; foreign fund outflows may cap gains

The Gift Nifty futures were trading at 26,338 points

Published 02 Jan, 2026 07:59am

Stocks

Stocks make upbeat start to 2026; precious metals extend sparkling rally

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.66% and Hong Kong’s Hang Seng Index gained 1.24%

Published 02 Jan, 2026 07:57am

Forex

Dollar makes a soft start to 2026 after sharpest drop in 8 years

The euro was steady at $1.1752 in early Asian hours after surging 13.5% last year

Published 02 Jan, 2026 07:54am

Energy

Oil prices drop after biggest annual loss since 2020

Brent crude futures lost 51 cents to $60.34 a barrel

Updated 02 Jan, 2026 09:20pm

Companies

PTCL Group injects Rs15bn capital into U Bank

ISLAMABAD: Pakistan Telecommunication Com-pany Limited (PTCL), the parent company of U Microfinance Bank Limited (U...

Published 02 Jan, 2026 07:47am

Companies

PQFTL listed on PSX after strong IPO response

KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) has been listed on the Pakistan Stock Exchange (PSX) after an...

Published 02 Jan, 2026 07:45am

Companies

44 leading companies participate in Global DEI Awards for 2025

ISLAMABAD: The 44 leading multinational and national companies participated in the Global DEI Awards for 2025,...

Published 02 Jan, 2026 07:43am

Companies

Systems Limited: Saquib assumes role of Global Chief Growth Officer

KARACHI: Saquib Ahmad has assumed the role of Global Chief Growth Officer at Systems Limited. In this capacity, he...

Published 02 Jan, 2026 07:41am

Industry

‘My Brand Expo’ begins tomorrow

KARACHI: Two-day fourth “My Brand Expo” organized by the Pakistan International Business Forum will start at...

Published 02 Jan, 2026 07:30am

Business & Finance

CCP imposes Rs2.363bn penalties, recovers Rs932.56m

ISLAMABAD: The Competition Commission of Pakistan (CCP) imposed penalties of Rs 2.363 billion, recovered Rs 932.56...

Published 02 Jan, 2026 06:11am

Business & Finance

Sections 4B & 4C of IT Ord: FCC set to take up super tax cases from 5th

ISLAMABAD: The Federal Constitutional Court (FCC) is set to take up super tax cases related to Sections 4B and 4C of...

Published 02 Jan, 2026 06:11am

Business & Finance

FY2025-26: Railways set to achieve Rs100bn revenue target: minister

ISLAMABAD: “The Pakistan Railways (PR) is set to achieve a revenue target of Rs 100 billion in the financial year...

Published 02 Jan, 2026 06:11am

Pakistan

‘Country’s first chip manufacturing unit to be established in Faisalabad’

FAISALABAD: The maiden “chip” manufacturing unit of Pakistan will be established in Faisalabad while the provincial...

Updated 02 Jan, 2026 07:09am

Business & Finance

LESCO recovers Rs15.85m from power thieves

LAHORE: The Lahore Electric Supply Company (LESCO), in coordination with police and Rangers, intensified its...

Published 02 Jan, 2026 06:11am

Business & Finance

PRA operation against tax evaders continues

LAHORE: The Punjab Revenue Authority (PRA) carried out extensive enforcement operations across the province, with...

Published 02 Jan, 2026 06:11am

Business & Finance

ECAP chairman expresses optimism about new year

KARACHI: Looking ahead to 2026, Chairman of the Exchange Companies Association of Pakistan, Malik Muhammad Bostan...

Updated 02 Jan, 2026 07:07am

Companies

Lucky Islamic Energy Fund launched

KARACHI: Lucky Investments Limited has announced the launch of the Lucky Islamic Energy Fund (LIEF), a...

Published 02 Jan, 2026 06:11am

Business & Finance

Foreign tax jurisdictions: FTO’s Office may revisit advisers’ appointments

ISLAMABAD: The Office of the Federal Tax Ombudsman (FTO) is expected to revisit overseas appointments of advisers...

Published 02 Jan, 2026 06:11am

Business & Finance

Clarification by FBR

ISLAMABAD: It has come to the notice of the Federal Board of Revenue (FBR) that a letter attributed to the FBR is...

Published 02 Jan, 2026 06:11am

Business & Finance

49 essential items: PPCC approves team of regulatory powers

LAHORE: In a major administrative move aimed at ensuring the smooth and uninterrupted supply of essential...

Published 02 Jan, 2026 06:11am

Industry

MoC set to frame overarching rules for insurance sector

ISLAMABAD: The Ministry of Commerce (MoC) is set to overhaul rules governing the insurance sector to strengthen...

Updated 02 Jan, 2026 08:19am

Business & Finance

SRB reports significant surge in collection

KARACHI: The Sindh Revenue Board (SRB) has reported a significant surge in revenue collection, with December 2025...

Published 02 Jan, 2026 06:11am

Technology

District-level internet services: PTA begins issuing Class Licences

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has commenced the grant of Class Licences for the ...

Published 02 Jan, 2026 06:11am

Business & Finance

Forex reserves stand at $21.012bn

KARACHI: Pakistan’s total liquid foreign exchange reserves stood at USD 21.012 billion as of December 26, 2025,...

Updated 02 Jan, 2026 07:27am

Business & Finance

Dec CPI inflation slows to 5.6pc YoY

ISLAMABAD: Decline in the prices of essential vegetables kept the Consumer Price Index (CPI)-based inflation stable...

Published 02 Jan, 2026 06:11am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 30	278.01
USD PKR Interbank Buying / Jul 30	277.81
USD to Japanese Yen / Jul 31	160.60
USD to Swiss Franc / Jul 31	0.81
Pound Sterling to USD / Jul 31	1.34
Euro to USD / Jul 31	1.15
SOFR % / Jul 30	3.64

Stock	Volume
S&P 500 / Jul 30	7,437.63
Nasdaq / Jul 30	25,122.18
Dow Jones / Jul 30	52,208.06
India Sensex / Jul 31	77,976.71
Tokyo Nikkei / Jul 31	64,572.25
Hang Seng / Jul 31	25,812.60
FTSE 100 / Jul 31	10,970.86
Germany DAX 30 / Jul 31	25,860.54
France CAC40 / Jul 31	8,567.09

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 30	18,480
Gold 10 Grams PKR / Jul 30	366,457
Petrol/Litre / Jul 31	335.06
Crude Oil USD/Barrel / Jul 31	81.89
Gold Spot USD/Ounce / Jul 31	4,081.14
Diesel/Litre / Jul 31	390.62
Cotton US¢/pound / Jul 31	81.07

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%)
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%)
East West Ins. / Jul 31 East West Insurance Company Limited(EWIC)	49.99 ▲ 4.52 (9.94%)
Cres.Star Ins. / Jul 31 Crescent Star Insurance Limited(CSIL)	5.95 ▲ 0.53 (9.78%)

Stock	Price
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	20.40 ▼ -2.27 (-10.01%)
First Imrooz Mod. / Jul 31 First Imrooz Modaraba(FIMM)	181.01 ▼ -18.99 (-9.5%)
Asia Ins. / Jul 31 Asia Insurance Company Limited(ASIC)	40.20 ▼ -3.8 (-8.64%)
Elahi Cotton / Jul 31 Elahi Cotton Mills Limited(ELCM)	211 ▼ -16.17 (-7.12%)
786 Invest Ltd / Jul 31 786 Investments Limited(786)	24.15 ▼ -1.71 (-6.61%)
Tariq Corp.Pref. / Jul 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	11.10 ▼ -0.77 (-6.49%)
JS Investments / Jul 31 JS Investments Limited(JSIL)	43.21 ▼ -2.62 (-5.72%)
Apna Microfin. / Jul 31 Apna Microfinance Bank Limited(AMBL)	22.12 ▼ -1.3 (-5.55%)
Kohinoor Power / Jul 31 Kohinoor Power Company Limited(KOHP)	26.50 ▼ -1.54 (-5.49%)
Olympia Mills / Jul 31 Olympia Mills Limited(OML)	155.50 ▼ -8.78 (-5.34%)

Stock	Volume
Trust Sec.& Brok. / Jul 31 Trust Securities & Brokerage Limited(TSBL)	145,971,772 ▲ 0.06
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	81,634,211 ▼ -2.27
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	47,208,598 ▲ 1
Cnergyico PK / Jul 31 Cnergyico PK Limited(CNERGY)	32,516,124 ▼ -0.05
F. Nat.Equities / Jul 31 First National Equities Limited(FNEL)	26,620,711 ▲ 0.05
WorldCall Telecom / Jul 31 Worldcall Telecom Limited(WTL)	16,567,965 ▲ 0.01
Pak Int.Bulk / Jul 31 Pakistan International Bulk Terminal(PIBTL)	15,496,652 ▲ 0.14
Oilboy Energy / Jul 31 Oilboy Energy Limited(OBOY)	14,128,689 ▲ 0.45
Pak Refinery / Jul 31 Pakistan Refinery Limited(PRL)	12,516,000 ▲ 2.07
Cres.Star Ins. / Jul 31 Crescent Star Insurance Limited(CSIL)	11,810,179 ▲ 0.53

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