News Archives for Business & Finance - 2026-01-20

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Business & Finance - 2026-01-20

Money & Banking

Powell to attend US Supreme Court hearing on Fed governor

Wednesday's case involves Trump's push last summer to fire Fed Governor Lisa Cook over claims of mortgage fraud

Published 20 Jan, 2026 10:01pm

Pakistan

Sindh Excise seizes crystal meth, heroin worth over Rs3bn

Investigation underway to arrest more members of group involved in drug smuggling

Published 20 Jan, 2026 08:04pm

Business & Finance

Pakistan, UAE review economic ties, push for investment-led cooperation at WEF

The finance minister thanks UAE for its continued financial support, including bilateral deposits and transactions

Published 20 Jan, 2026 07:03pm

Stocks

Sri Lankan benchmark ends marginally lower as financials drag

CSE All-Share index slipped 0.02% to 23,623.74

Published 20 Jan, 2026 06:29pm

Stocks

Most Gulf markets gain ahead of earnings; Saudi bourse flat

Abu Dhabi, the index rose 0.3%, helped by a 0.3% gain in ADNOC Gas

Published 20 Jan, 2026 06:26pm

Money & Banking

Indian lenders to seek RBI approval for longer bulk deposits, sources say

There is no way deposit growth can match credit growth and banks are left with no option but to rely on CDs to meet balance sheet requirements

Published 20 Jan, 2026 05:32pm

Companies

Netflix submits amended all-cash offer for Warner Bros, wins board support

Netflix shares rose 0.7% in premarket action. Paramount shares were down 1%; Warner Bros was little changed

Published 20 Jan, 2026 05:21pm

Financial

India bonds tick up; high US yields cap RBI buying hope

Benchmark 10-year 6.48% 2035 bond yield ended at 6.6722%

Published 20 Jan, 2026 04:45pm

Commodities

Copper erodes as industrial consumers baulk at high prices

Benchmark three-month copper on the LME was down 0.8% at $12,868 a metric ton

Published 20 Jan, 2026 04:21pm

Business & Finance

Sazgar enters NEV segment with Tank-500 HEV, PHEV

Prices start at Rs20.5 million

Updated 22 Jan, 2026 07:45am

Exchange

Rupee inches up against US dollar

Currency settles at 279.91 against greenback

Updated 20 Jan, 2026 09:02pm

Companies

IndiGo tells India regulator that operations will be stable after exemptions expire

The country’s largest airline faced unprecedented disruption in December due to poor pilot roster planning

Published 20 Jan, 2026 04:04pm

Companies

Total cellular subscriber base surges to 200.55mn by end of 2025: PTA

Zong, Jazz, Ufone register increase in 4G subscriptions

Published 20 Jan, 2026 03:46pm

Commodities

Palm up on anticipation of lower output, improved exports

Dalian’s most-active soyoil contract rose 0.43%,

Published 20 Jan, 2026 03:43pm

Currency

Indian rupee down for fifth day on dollar demand; likely RBI offers keeps record low at bay

It ended at 90.9750 to a dollar

Published 20 Jan, 2026 03:40pm

Stocks

Indian shares slide to over three-month lows as tepid earnings, global trade risks rattle investors

Nifty 50 dropped 1.38% to 25,232.5, and the BSE Sensex fell 1.28% to 82,180.47

Published 20 Jan, 2026 03:37pm

Business & Finance

Local mobile phone production hits 30.21mn units in 2025

Total value of mobile phone imports stand at Rs417.351bn during FY2024-25

Published 20 Jan, 2026 03:28pm

Business & Finance

Pakistan eyes return to global bond market after 4 years: Bloomberg

Pakistan is also eying to launch firt-ever panda bond in coming weeks

Published 20 Jan, 2026 01:55pm

Companies

AKD Securities withdraws PAI for 6.02% stake in Escorts Investment Bank

Says public announcement offer period expired on January 16

Published 20 Jan, 2026 01:14pm

Business & Finance

Pakistan, Islamic Development Bank Pakistan ink $603.4mn financing agreements

Pakistan has inked three agreements worth $603.4 million with the Islamic Development Bank (IsDB). The agreements...

Published 20 Jan, 2026 11:49am

Stocks

Japan’s Nikkei falls for fourth day on rising bond yields, Greenland tensions

The benchmark Nikkei 225 Index fell 0.8% to 53,172.16 in early trade

Published 20 Jan, 2026 11:48am

Forex

Aussie, kiwi rebound as Trump’s tariff threats pressure US dollar

The Aussie was last steady at $0.6710, having gained 0.4% overnight to bounce off a key support level around $0.6662

Published 20 Jan, 2026 11:46am

Forex

Thai baht/US dollar steady on Tuesday

The baht was 0.03% lower at 31.23 versus the dollar, after trading in a range of 31.240 to 31.300

Published 20 Jan, 2026 11:43am

Commodities

Palm opens higher on stronger rival edible oils, crude oil prices

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange gained 30 ringgit, or 0.74%, to 4,097 ringgit

Published 20 Jan, 2026 11:40am

Forex

Yuan hits fresh 32-month high as fixing closes in on 7 per dollar mark

The yuan strengthened to as much as 6.9593 against the US dollar, the strongest level since May 2023

Published 20 Jan, 2026 11:36am

Commodities

Soybeans rise on strong demand from US crushers

Soybean futures on the Chicago board of trade extended gains for a fourth consecutive session on Tuesday

Published 20 Jan, 2026 11:33am

Energy

China’s December crude imports from UAE, Brazil, Canada hit record highs

Imports from Malaysia, the largest trans-shipment hub for sanctioned Iranian oil

Published 20 Jan, 2026 11:31am

Commodities

Iron ore falls on demand concerns following an accident at Chinese steel mill

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) traded 1.44% lower at 786 yuan

Published 20 Jan, 2026 11:18am

Commodities

Copper rangebound as investors wait for fresh catalysts

The benchmark three-month copper on the London Metal Exchange dropped 0.50% to $12,901 a ton, still hovering below $13,000 level

Published 20 Jan, 2026 11:15am

Bullion Rate

Gold holds near record high as trade war risks sour global sentiment

Spot gold was up 0.1% at $4,675.32 per ounce

Published 20 Jan, 2026 11:13am

Technology

Pakistan’s IT exports cross $2.2 billion mark in 1HFY26, freelancers add momentum

In December, IT exports stand at $437 million

Published 20 Jan, 2026 11:09am

Stocks

China stocks fall on regulatory crackdown; Hong Kong drifts lower

In Hong Kong, Hang Seng Index edged 0.04% lower

Published 20 Jan, 2026 10:51am

Commodities

Malaysia posts record-high trade in 2025 as December exports surge

Imports in December grew 12% from a year ago, beating an analyst forecast of 8.5%

Published 20 Jan, 2026 10:40am

Mutual Funds

India bonds rise on bargain buying, state debt sale eyed

The benchmark 10-year 6.48% 2035 bond yield was at 6.6657%

Published 20 Jan, 2026 10:31am

Forex

Indonesian rupiah hits record low on central bank independence, fiscal concerns

The MSCI gauge of emerging market Asia equities slid from record highs, while a gauge of global EM stocks inched higher

Published 20 Jan, 2026 10:28am

Mutual Funds

Philippines raises $505mn from T-bond offer

Tenders total 41.5 billion pesos

Published 20 Jan, 2026 10:24am

Stocks

Stocks maintain upward momentum, KSE-100 gains nearly 900 points

Expectations of policy rate cut fuelling rally

Updated 20 Jan, 2026 07:11pm

Energy

OGDCL discovers oil & gas reserves in Khyber Pakhtunkhwa

Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s largest exploration and production (E&P)...

Updated 20 Jan, 2026 12:03pm

Companies

Lucky Investments launches ‘Lucky Funds’ mobile app

KARACHI: Lucky Investments Limited has unveiled Lucky Funds, a new mobile application designed to give investors ...

Published 20 Jan, 2026 08:22am

Business & Finance

‘Digital Nation Pakistan 2025’ aims at full digital governance

LAHORE: Khurram Schehzad, Advisor to the Finance Minister, stated that ‘Digital Nation Pakistan 2025’ is not...

Published 20 Jan, 2026 08:13am

Forex

Indian rupee seen vulnerable near 91, record low in play on flow-driven woes

The rupee has fallen for four sessions till Monday, losing around 1% in that period

Published 20 Jan, 2026 08:03am

Companies

Dawlance inaugurates advanced condenser manufacturing facility, strengthening Pakistan’s industrial self-reliance

Dawlance, Pakistan’s leading home appliance manufacturer and a subsidiary of the global Beko Group, has inaugurated...

Published 20 Jan, 2026 08:00am

Money & Banking

SBP governor for mitigating digital innovation-related risks

KARACHI: Governor of the State Bank of Pakistan (SBP), Jameel Ahmad has warned that while digital innovation offers...

Published 20 Jan, 2026 07:59am

Commodities

BHP reports record first-half iron ore production, flags price concessions

The Melbourne-headquartered miner also flagged a 20% jump in costs for its Jansen potash project in Canada

Published 20 Jan, 2026 07:56am

Money & Banking

JazzWorld executes Rs75bn IRS transaction with UBL

KARACHI/ISLAMABAD: JazzWorld has successfully executed a Rs 75 billion Interest Rate Swap (IRS) transaction with...

Updated 20 Jan, 2026 12:39pm

Business & Finance

Aurangzeb, KSA counterpart hold talks on economic progress

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with His Excellency...

Published 20 Jan, 2026 07:49am

Stocks

Indian shares set for muted start as global trade risks, foreign outflows weigh

Gift Nifty futures were trading at 25,597.5 points

Published 20 Jan, 2026 07:48am

Forex

Dollar at week low as geopolitics revive ‘Sell America’ trade

The dollar index , which measures the greenback's strength against a basket of six currencies

Published 20 Jan, 2026 07:46am

Industry

SECP notifies revised Companies Regulations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified revised Companies (Further Issue ...

Published 20 Jan, 2026 07:45am

Stocks

Stocks slide, dollar struggles as Trump’s Greenland gambit rattles markets

MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.44% lower

Published 20 Jan, 2026 07:43am

Pakistan

Probe into ‘controversial’ portion of CAREC project completed

ISLAMABAD: Chief Executive Officer of National Highway Authority Capt Asadullah Khan (retd) has said that inquiry on...

Published 20 Jan, 2026 07:41am

Energy

Oil steadies as investors assess US tariff threats over Greenland

Brent futures for March gained 23 cents, or 0.36%, at $64.17 a barrel

Updated 20 Jan, 2026 05:26pm

Companies

IMC receives ‘Zero Defect’ status from Toyota Motor

KARACHI: Indus Motor Company (IMC) has achieved a prestigious milestone by receiving “Zero Defect” status from...

Published 20 Jan, 2026 07:37am

Companies

Pakistan Cables signs MoU with PEC

KARACHI: Pakistan Cables Ltd. has signed a Memorandum of Understanding (MoU) with the Pakistan Engineering Council...

Published 20 Jan, 2026 07:35am

Business & Finance

IMF lifts 2026 global growth forecast but flags AI, trade risks

WASHINGTON: The IMF upgraded its 2026 global growth forecast Monday, citing a boost from tech investments but ...

Published 20 Jan, 2026 06:13am

Industry

Govt working on proposals to reduce industrial power tariff

ISLAMABAD: The Power Division is reportedly working on three proposals to reduce the industrial electricity tariff...

Updated 20 Jan, 2026 06:25am

Money & Banking

Rising state borrowings complicate Indian central bank’s rate playbook

MUMBAI: A surge in borrowing by Indian states is complicating the central bank’s efforts to lower interest rates as...

Updated 20 Jan, 2026 08:31am

Industry

APTMA raises its concerns over current electricity pricing structure

LAHORE: All Pakistan Textile Mills Association (APTMA) has raised serious concerns over the current electricity...

Updated 20 Jan, 2026 08:31am

Industry

Industrial power tariffs as tool for cross-subsidy: Tanveer says approach eroding industrial competitiveness

LAHORE: FPCCI leader and Patron-in-Chief UBG S M Tanveer has expressed serious concerns over the continued use of...

Updated 20 Jan, 2026 06:24am

Pakistan

Pakistan to introduce National Women Entrepreneurship Policy: Haroon

ISLAMABAD: Prime Minister’s Special Assistant on Industries and Production Haroon Akhtar Monday while highlighting...

Updated 20 Jan, 2026 08:30am

Business & Finance

Circular debt brought down: NA told

ISLAMABAD: The National Assembly was informed on Monday that the total circular debt, which stood at Rs2,794 billion...

Updated 20 Jan, 2026 06:25am

Business & Finance

‘Wilfully undermining SC authority’: FTO takes serious exception to FBR official conduct

ISLAMABAD: The Federal Tax Ombudsman (FTO) in a landmark order has taken serious exception to the conduct of the...

Updated 20 Jan, 2026 06:25am

Industry

PIBF launches ‘Mayaishat Ko Istehkam Do’ movement

LAHORE: The Pakistan International Business Forum (PIBF) Lahore has announced the launch of the “Mayaishat Ko...

Published 20 Jan, 2026 06:04am

Business & Finance

PR CEO visits Pipri Marshalling Yard

KARACHI: Chief Executive Officer Pakistan Railways, Amir Ali Baloch, on Monday, visited the Asia’s largest...

Published 20 Jan, 2026 06:04am

Business & Finance

Work on 10 Mohmand Dam’s key site at satisfactory pace: WAPDA

PESHAWAR: Construction work continues on 10 key sites of Mohmand Dam Project at a satisfactory pace. After ...

Published 20 Jan, 2026 06:04am

Business & Finance

Ammunition: customs values revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on import of ammunition...

Updated 20 Jan, 2026 12:09pm

Business & Finance

Dec C/A moves back into deficit

KARACHI: Pakistan’s current account moved back into deficit in December 2025 after posting a surplus in November...

Published 20 Jan, 2026 06:04am

Stocks

Global stocks fall after Trump’s tariff threats

LONDON: Global stocks dropped and the dollar eased against the safe-haven yen and Swiss franc on Monday after US...

Published 20 Jan, 2026 06:04am

Pakistan

Abbasi directs completion of Phase-I of RAIN by June

ISLAMABAD: Federal Minister for Railways Hanif Abbasi has directed the Information Technology (IT) department of...

Updated 20 Jan, 2026 08:32am

Commodities

Gold, silver hit record highs as Trump’s Greenland tariffs spark safety rally

BENGALURU: Gold and silver prices climbed to fresh peaks on Monday, as investors poured into safe-haven assets after...

Updated 20 Jan, 2026 08:31am

Business & Finance

NTC concludes probe: Anti-dumping duties imposed on Cefadroxil imports

ISLAMABAD: The National Tariff Commission (NTC) has imposed definitive anti-dumping duties on dumped imports of...

Updated 20 Jan, 2026 08:32am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	278.02
USD PKR Interbank Buying / Jul 29	277.82
USD to Japanese Yen / Jul 30	163.49
USD to Swiss Franc / Jul 30	0.82
Pound Sterling to USD / Jul 30	1.34
Euro to USD / Jul 30	1.15
SOFR % / Jul 29	3.64

Stock	Volume
S&P 500 / Jul 29	7,316.15
Nasdaq / Jul 29	24,442.94
Dow Jones / Jul 29	51,594.14
India Sensex / Jul 30	77,633.29
Tokyo Nikkei / Jul 30	61,685.46
Hang Seng / Jul 30	25,767.58
FTSE 100 / Jul 30	10,955.75
Germany DAX 30 / Jul 30	25,419.60
France CAC40 / Jul 30	8,463.43

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 29	18,480
Gold 10 Grams PKR / Jul 29	365,600
Petrol/Litre / Jul 30	335.06
Crude Oil USD/Barrel / Jul 30	84.39
Gold Spot USD/Ounce / Jul 30	4,044.93
Diesel/Litre / Jul 30	390.62
Cotton US¢/pound / Jul 30	79.59

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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