News Archives for Business & Finance - 2026-01-07

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Business & Finance - 2026-01-07

Stocks

Saudi shares lead Gulf gains as kingdom to open market to all foreign investors

Saudi Arabia’s benchmark stock index rose as much as 2.5% and ended 1.6% higher

Published 07 Jan, 2026 07:30pm

Companies

Warner Bros rejects revised Paramount bid as risky leveraged buyout

Paramount’s financing plan would saddle the smaller Hollywood studio with $87 billion in debt once the acquisition closed

Published 07 Jan, 2026 05:41pm

Financial

India bonds end flat after RBI’s debt purchase let-down

Benchmark 10-year yield ended at 6.6105% after closing at 6.6137% in the previous session

Published 07 Jan, 2026 04:51pm

South Asia

India seeks fare data from airlines as part of IndiGo antitrust scrutiny

Pilot shortages at IndiGo, which dominates India’s aviation market with a 65% share, forced it to cancel about 4,500 flights last month

Published 07 Jan, 2026 04:23pm

Commodities

Palm oil futures rise on gains in rival oils, ringgit weakness

Dalian’s most-active soyoil contract rose 0.73%

Published 07 Jan, 2026 04:12pm

Forex

India rupee gains for second straight day on RBI support

Indian rupee ended 0.3% higher at 89.88, its highest closing level in a week

Published 07 Jan, 2026 04:02pm

Business & Finance

PM Shehbaz orders SBP to simplify loan process for SMEs, agricultural sector

Announces to form a sub-committee to simplify loan procedures

Published 07 Jan, 2026 03:59pm

Stocks

India equity benchmarks fall for third session as HDFC Bank, auto stocks drag

Nifty 50 fell 0.14% to 26,140.75, while the Sensex lost 0.12% to 84,961.14

Published 07 Jan, 2026 03:58pm

Business & Finance

Surge in defence orders could end Pakistan’s reliance on IMF, says Khawaja Asif

Defence Minister Khawaja Asif said on Tuesday that Pakistan is witnessing a surge in demand for its defence...

Published 07 Jan, 2026 03:57pm

South Asia

India forecasts 2025/26 economic growth at 7.4%

Indian economy grew 6.5% in 2024/25 and 8.2% in 2023/24

Published 07 Jan, 2026 03:55pm

Markets

Xiaomi begins pre-orders for spruced up version of SU7 sedan, stresses safety features

Other EV makers including Xiaomi’s rivals Tesla and BYD have also come under scrutiny after accidents and recalls

Published 07 Jan, 2026 02:25pm

Technology

Pakistan explores tokenisation of real-world assets to strengthen capital markets

As Pakistan weighs the adoption of tokenisation and blockchain to deepen capital markets and attract investment, the...

Published 07 Jan, 2026 12:53pm

Commodities

Gold price drops by Rs1,200 per tola in Pakistan

International rate of gold declines by $12 to reach $4,444 per ounce

Published 07 Jan, 2026 12:33pm

Forex

South African rand subdued as dollar rebounds, December PMI contracts

The rand traded at 16.38 against the dollar , about 0.2% weaker than its close on Tuesday

Published 07 Jan, 2026 12:31pm

Markets

Ford’s annual US auto sales rise 6% on demand for hybrids, affordable pickup truck

The Detroit automaker’s annual sales rose 6% in 2025 to 2,204,124 units, from 2,078,832 a year ago

Published 07 Jan, 2026 12:28pm

Commodities

Soybeans rise as China buys US supplies; wheat, corn edge higher

Wheat edged higher as traders monitored crop conditions across the US Plains, while corn also posted modest gains

Published 07 Jan, 2026 12:21pm

Forex

Australian dollar hits 15-month top, inflation data a mixed bag

Figures showed consumer prices were unchanged in November for a second straight month

Published 07 Jan, 2026 12:18pm

Stocks

Japan’s Nikkei slips from record closing high, market eyes US jobs data

The Nikkei was down 0.4% at 52,284.23

Published 07 Jan, 2026 12:16pm

Forex

China’s yuan pulls back from 32-month high on weaker fix, dovish PBOC tone

The spot yuan is allowed to trade a maximum of 2% either side of the fixed midpoint each day

Published 07 Jan, 2026 12:08pm

Commodities

Iron ore rallies to multi-month high on China’s pledge of easing monetary policy

The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) closed morning trade 3.52% higher at 823.5 yuan

Published 07 Jan, 2026 12:07pm

Business & Finance

Turkish companies seek investment opportunities in Pakistan

Growing interest from Turkish companies is gaining momentum, as international advisory firm PwC Turkiye reports a...

Published 07 Jan, 2026 11:24am

Commodities

Copper hovers near record high; supply concerns keep nickel elevated

The most-traded copper contract on the Shanghai Futures Exchange gained 0.45% to 103,760 yuan ($14,854.69) a metric ton

Published 07 Jan, 2026 11:08am

Bullion Rate

Gold slides from 1-week high on profit-booking, dollar strength

Spot gold fell 0.7% to $4,466.19 per ounce

Published 07 Jan, 2026 10:38am

Money & Banking

Bank Alfalah advances exit from Afghanistan as central banks clear due diligence

Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has taken a step forward in the proposed...

Published 07 Jan, 2026 10:35am

Stocks

China stocks steady at decade high; Hong Kong slips after rally

China's blue-chip CSI300 Index was roughly flat by the lunch break

Published 07 Jan, 2026 10:31am

Mutual Funds

India bonds slide as RBI shuns liquid papers for next week’s debt purchase

The benchmark 10-year yield was at 6.6261%

Published 07 Jan, 2026 10:26am

Energy

Chevron, Quantum Energy to bid for Lukoil global assets worth $22 billion, FT reports

If a deal is reached, Chevron and Quantum plan to split Lukoil's assets between them, the FT said

Updated 07 Jan, 2026 02:34pm

Stocks

Bulls dominate bourse: KSE-100 closes at fresh record high

Record rally driven largely by aggressive buying from local funds, says Topline

Updated 07 Jan, 2026 10:49pm

Exchange

Rupee records slight uptick against US dollar

Currency settles at 280.06 against the greenback

Updated 07 Jan, 2026 07:34pm

Forex

RBI support to cushion India rupee downside amid Asia softness

The 1-month non-deliverable forward indicated the rupee will open flat, having settled 0.12% higher at 90.1650 on Tuesday

Published 07 Jan, 2026 08:09am

Markets

China reviews Meta’s purchase of AI startup Manus, FT reports

Chinese officials are reviewing Meta’s $2 billion acquisition of artificial intelligence startup Manus for possible technology control violations

Published 07 Jan, 2026 08:07am

Industry

FBR seals two chutes of Chanar Sugar Mill

KARACHI: Pursuing its zero-tolerance policy against tax evasion in the sugar sector, the Federal Board of Revenue...

Published 07 Jan, 2026 07:50am

Industry

FPCCI, UBG greet Asif Inam on appointment as SSGC Chairman

LAHORE: SM Tanveer, Leader of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and...

Published 07 Jan, 2026 07:45am

Stocks

Indian equities to open flat as geopolitical tensions offset earnings optimism

The Gift Nifty futures were trading at 26,209 points

Published 07 Jan, 2026 07:45am

Companies

‘Opening of Philippine pharmaceutical co’s subsidiary reflects increasing investor confidence in Pakistan’

ISLAMABAD: Philippine Ambassador to Pakistan Dr Emmanuel R Fernande said the opening of a Philippine pharmaceutical...

Published 07 Jan, 2026 07:43am

Energy

Venezuela to export $2 billion worth of oil to US in deal with Washington

The agreement is a strong sign that the Venezuelan government is responding to Trump's demand

Updated 07 Jan, 2026 02:23pm

Industry

Govt urged to tackle carbon regulation challenges

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial...

Published 07 Jan, 2026 07:36am

Stocks

Crude oil slumps, Asian shares edge lower as global tensions climb

Japan’s Nikkei stock index slid 0.25%

Published 07 Jan, 2026 07:33am

Industry

‘Breaching chamber protocol’: LCCI EC terminates Shad’s membership

LAHORE: The LCCI Executive Committee has terminated the basic membership of Mian Abuzar Shad after disciplinary...

Published 07 Jan, 2026 07:32am

Energy

Oil edges down as market digests Trump’s statements on Venezuela oil exports

Brent crude futures lost 14 cents, or 0.2%, to $60.56 a barrel

Updated 07 Jan, 2026 07:25pm

Business & Finance

SECP registers 21,668 new cos during July-Dec 2025-26

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 21,668 new companies during...

Published 07 Jan, 2026 07:28am

Forex

Dollar meanders as traders await key US economic data

Sterling was flat at $1.3502, while the Japanese yen was a touch stronger at 156.63

Published 07 Jan, 2026 07:24am

Business & Finance

Shahzad made Ogra Member (Gas)

ISLAMABAD: The Federal government has appointed Shahzad Iqbal as Member (Gas) of the Oil and Gas Regulatory ...

Published 07 Jan, 2026 07:23am

Business & Finance

Telecom operators caution govt against ‘rushing’ for 5G auction

ISLAMABAD: As Pakistan prepares to auction 5G spectrum, Telecom Operators Association of Pakistan Chairman Aamir...

Published 07 Jan, 2026 07:21am

Business & Finance

PSX elects new chairman, pays tribute to late chairperson

KARACHI: The Pakistan Stock Exchange Limited (PSX) announced the election of Ruhail Mohammad as Chairman of the ...

Published 07 Jan, 2026 07:18am

Pakistan

CM approves six biogas plants

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has approved the establishment of six biogas plants in the...

Published 07 Jan, 2026 05:53am

Business & Finance

1st cohort of Regulatory Sandbox: SBP announces short-listed applicants

KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced the short-listing of six applicants for live testing...

Updated 07 Jan, 2026 03:56pm

Business & Finance

Indonesia, Pakistan agree to bolster trade in spices, agri products

KARACHI: The Consulate General of the Republic of Indonesia in Karachi, in collaboration with the Directorate of...

Updated 07 Jan, 2026 06:57am

Industry

Over 400 SMEs take part in Mera Brand Pakistan Expo

KARACHI: More than 400 brands participated in the ‘Mera Brand Pakistan’ Expo 2026, held at Karachi’s Expo Centre on...

Updated 07 Jan, 2026 06:57am

Companies

Jack of Digital appointed reseller for Yango Ads in Pakistan

KARACHI: Jack of Digital, Pakistan’s leading digital media reseller and ad-tech solution provider, has been...

Published 07 Jan, 2026 05:53am

Companies

VIS Credit Rating Company assigns AM2+ rating to PQAMC

KARACHI: VIS Credit Rating Company Limited (VIS) has assigned an initial Asset Manager rating of ‘AM2+’ (AM-Two...

Published 07 Jan, 2026 05:53am

Energy

NGC energises 220kV Quaid-e-Azam Business Park Grid Station

LAHORE: The National Grid Company of Pakistan (NGC) has successfully energised the 220kV Quaid-e-Azam Business Park...

Published 07 Jan, 2026 05:53am

Energy

High-tech energy storage solutions: Chinese co partners with local entities

LAHORE: Renowned Chinese inverter manufacturer Hoymiles has fostered partnership with Harisun Energy and Superstar...

Published 07 Jan, 2026 05:53am

Business & Finance

Construction of 1,100-TEU container vessel launched

KARACHI: Construction of a 1,100 twenty-foot equivalent unit (TEU) container vessel for the Pakistan National...

Updated 07 Jan, 2026 06:59am

Business & Finance

Disputes on imported goods: FBR reconstitutes customs classification body

ISLAMABAD: The Federal Board of Revenue (FBR) has reconstituted customs classification committee for resolving...

Updated 07 Jan, 2026 06:58am

Industry

Delegation of transporters from Karachi visits LCCI

LAHORE: A high-level delegation of transporters from Karachi, led by Chairman United Goods Transport Alliance Yaseen...

Published 07 Jan, 2026 05:53am

Industry

PHMA echoes a growing alarm across textile industry

LAHORE: Pakistan Hosiery Manufacturers Association (PHMA) on Tuesday echoed the growing alarm across the textile...

Published 07 Jan, 2026 05:53am

Stocks

Daily traded value: Rs85bn turnover lifts PSX to 20-year high

KARACHI: Pakistan’s equity market has recorded its highest daily traded value in nearly two decades, with...

Published 07 Jan, 2026 05:53am

Industry

UK electric car sales hit record high in 2025: industry

LONDON: All-electric vehicles accounted for nearly one quarter of new cars sold in the UK last year, a record high,...

Published 07 Jan, 2026 05:53am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 111,353 tonnes of cargo comprising 80,500 tonnes of import cargo and 100,017...

Updated 07 Jan, 2026 06:58am

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 30	160.63
USD to Swiss Franc / Jul 30	0.81
Pound Sterling to USD / Jul 30	1.35
Euro to USD / Jul 30	1.15
SOFR % / Jul 30	3.64

Stock	Volume
S&P 500 / Jul 30	7,437.63
India Sensex / Jul 30	77,928.15
Tokyo Nikkei / Jul 30	61,867.43
Nasdaq / Jul 30	25,122.18
Hang Seng / Jul 30	25,858.88
FTSE 100 / Jul 30	10,897.27
Dow Jones / Jul 30	52,208.06
Germany DAX 30 / Jul 30	25,612.03
France CAC40 / Jul 30	8,485.64

Item	Value
Crude Oil USD/Barrel / Jul 30	84.08
Karachi Cotton PKR/37.32 KG / Jul 30	18,480
Gold 10 Grams PKR / Jul 30	366,457
Gold Spot USD/Ounce / Jul 30	4,092.50
Cotton US¢/pound / Jul 30	80.67
Petrol/Litre / Jul 31	335.06
Diesel/Litre / Jul 31	390.62

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jul 30 Wasl Mobility Modaraba(WASL)	6.92 ▲ 1 (16.89%)
Trust Sec.& Brok. / Jul 30 Trust Securities & Brokerage Limited(TSBL)	2.56 ▲ 0.29 (12.78%)
Paramount Spinning / Jul 30 Paramount Spinning Mills Limited(PASM)	12.17 ▲ 1.11 (10.04%)
Cresent Jute / Jul 30 Crescent Jute Products Limited(CJPL)	23.16 ▲ 2.11 (10.02%)
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	19.65 ▲ 1.79 (10.02%)
Premier Insurance / Jul 30 Premier Insurance Limited(PINL)	12.19 ▲ 1.11 (10.02%)
UDL International / Jul 30 UDL International Limited(UDLI)	20.43 ▲ 1.86 (10.02%)
Trust Mod. / Jul 30 Trust Modaraba(TRSM)	21.99 ▲ 2 (10.01%)
Zahid Jee Textile / Jul 30 Zahidjee Textile Mills Limited(ZAHID)	82.57 ▲ 7.51 (10.01%)
Aisha Steel(ConPS) / Jul 30 Aisha Steel(ConPS)(ASLPS)	35.42 ▲ 3.22 (10%)

Stock	Price
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	9.16 ▼ -1.02 (-10.02%)
Dadabhoy Cement / Jul 30 Dadabhoy Cement Industries Limited(DBCI)	22.67 ▼ -2.52 (-10%)
Din Tex. / Jul 30 Din Textile Mills Limited(DINT)	67.25 ▼ -5.65 (-7.75%)
Kohat Textile / Jul 30 Kohat Textile Mills Limited(KOHTM)	121.01 ▼ -9.77 (-7.47%)
Habib Insurance / Jul 30 Habib Insurance Company Limited(HICL)	12.23 ▼ -0.93 (-7.07%)
Khairpur Sug. / Jul 30 Khairpur Sugar Mills Limited(KPUS)	1,118.98 ▼ -84.46 (-7.02%)
TPL Trakker Ltd / Jul 30 TPL Trakker Limited(TPLT)	27.40 ▼ -1.95 (-6.64%)
JS Investments / Jul 30 JS Investments Limited(JSIL)	42.81 ▼ -3.02 (-6.59%)
Jubilee Spinning / Jul 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50 ▼ -3.28 (-6.16%)
Prosperity Weav / Jul 30 Prosperity Weaving Mills Limited(PRWM)	64 ▼ -4.05 (-5.95%)

Stock	Volume
Trust Sec.& Brok. / Jul 30 Trust Securities & Brokerage Limited(TSBL)	174,575,153 ▲ 0.29
WorldCall Telecom / Jul 30 Worldcall Telecom Limited(WTL)	32,204,885 ▲ 0
Pak Int.Bulk / Jul 30 Pakistan International Bulk Terminal(PIBTL)	32,035,684 ▲ 0.23
Cnergyico PK / Jul 30 Cnergyico PK Limited(CNERGY)	28,337,199 ▼ -0.15
Waves Home Appliances / Jul 30 Waves Home Appliances Limited(WAVESAPP)	20,795,264 ▲ 0.14
K-Electric Ltd. / Jul 30 K-Electric Limited(KEL)	18,426,672 ▼ -0.12
Pak Stock Exchange / Jul 30 Pakistan Stock Exchange Limited(PSX)	17,654,219 ▲ 1.79
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	16,641,180 ▼ -1.02
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	16,412,491 ▲ 1.79
Bank Al-Falah / Jul 30 Bank Alfalah Limited(BAFL)	15,848,375 ▲ 0.6

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