News Archives for Business & Finance - 2026-01-27

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Business & Finance - 2026-01-27

Markets

Boeing reports 1st annual profit since 2018 on asset sale

Full-year 2025 profits were $1.9 billion compared with a loss of $11.9 billion in 2024

Published 27 Jan, 2026 09:27pm

Money & Banking

US Fed expected to keep rates steady as it opens key meeting

The rate-setting FOMC started its gathering at 10 am Eastern Time (1500 GMT) as scheduled, a central bank spokesperson said

Published 27 Jan, 2026 08:30pm

Pakistan

Federal Constitutional Court upholds super tax

Parliament has exclusive authority to determine taxation, FCC states

Updated 27 Jan, 2026 10:20pm

Stocks

Most Gulf markets gain as earnings season advances

Saudi Arabia’s benchmark index advanced 1%, led by a 2% rise in Al Rajhi Bank

Published 27 Jan, 2026 07:37pm

Europe

Electric vehicle sales overtake petrol in EU for first time

EU unveiled a plan in December to abandon an effective 2035 ban on combustion engine cars

Published 27 Jan, 2026 07:30pm

Business & Finance

Pakistan, Australia agree to boost cooperation in mining, gemstones sectors

Agreement comes during a meeting between Petroleum Minister and newly appointed Australian High Commissioner to Pakistan

Updated 27 Jan, 2026 06:54pm

Stocks

Sri Lankan shares little changed; industrial stocks rise

CSE All-Share index rose 0.03% to 23,960.16

Published 27 Jan, 2026 06:15pm

Financial

India’s central bank advances 1 trillion Indian rupee bond purchases

RBI bought 3 trillion Indian rupees of bonds during December-January

Published 27 Jan, 2026 06:11pm

Financial

India benchmark bond yield climbs to nearly 11-month high on deepening supply woes

Benchmark 10-year 6.48% 2035 bond yield settled at 6.7194%

Published 27 Jan, 2026 06:08pm

Energy

Indian refiners say offers of Venezuelan oil limited, most going to US

Offers are not there. Traders are looking to meet their commitment to the US market

Published 27 Jan, 2026 04:54pm

South Asia

Closer India-EU ties will reinforce Renault’s decision to invest in both regions

Tariffs on cars imported from the EU will be slashed immediately to about 30-35% from as high as 110%

Published 27 Jan, 2026 04:47pm

Companies

Balochistan Glass Limited appoints chairman, CEO

Balochistan Glass Limited (BGL) announced on Tuesday key appointments in the company. The listed entity shared the...

Published 27 Jan, 2026 04:37pm

Business & Finance

Finance ministry sees January inflation in Pakistan at 5–6%

Pakistan’s economy well-positioned to sustain growth momentum in FY26, says ministry in monthly outlook

Updated 27 Jan, 2026 10:16pm

Markets

India’s Adani signs pact with Brazil’s Embraer to build planes

The pact offers Adani a key opportunity to boost its aerospace business

Published 27 Jan, 2026 04:20pm

Companies

Hindalco unveils $2.3 billion aluminium smelter expansion plan

Aluminium products are critical raw materials for lithium-ion batteries used in electric vehicles and clean energy storage

Published 27 Jan, 2026 04:08pm

Commodities

Palm ends higher on output data, rival oils’ gains

Dalian’s most-active soyoil contract rose 1.03%

Published 27 Jan, 2026 04:01pm

Forex

Indian rupee ends higher as softer dollar, EU trade pact offer breathing room

Indian rupee closed at 91.72 per dollar

Published 27 Jan, 2026 03:59pm

Stocks

Indian shares advance as landmark EU trade deal powers late rally

Nifty 50 rose 0.51% to 25,175.4 and the BSE Sensex gained 0.39% to 81,857.48

Published 27 Jan, 2026 03:55pm

Exchange

Rupee secures gain against US dollar

Currency settles at 279.82 against greenback

Updated 27 Jan, 2026 08:14pm

Financial

Gold price per tola drops Rs1,500 in Pakistan

International rate of gold declines by $15 to reach $5,082 per ounce

Updated 27 Jan, 2026 04:18pm

Business & Finance

Three-month border closure cripples Pakistan’s $200m medicine exports to Afghanistan

Pakistan could have touched the $1 billion mark in medicine exports, says Pakistan Pharmaceutical Manufacturers Association's former chairman

Updated 27 Jan, 2026 03:00pm

Forex

SBP buys $10.8bn from domestic FX market in 17 months

SBP reports foreign exchange market interventions with a lag of three months

Published 27 Jan, 2026 02:03pm

Business & Finance

TRG International says Bermuda court ordered transfer of Zia Chishti’s shares to court receiver

Enforcement efforts escalate over $9m arbitration award

Published 27 Jan, 2026 01:34pm

Markets

S&P’s projections for Pakistan ‘broadly align’ with SBP’s outlook, says Khurram Schehzad

Adviser to the Finance Minister says S&P projects inflation at 5.1% in 2026; SBP has forecast range of 5%–7% over the next two years

Updated 27 Jan, 2026 07:56pm

Stocks

Miners, gold stocks lead Australian shares to three-month high

The S&P/ASX 200 index rose 1.2% to 8,962.20

Published 27 Jan, 2026 12:02pm

Forex

Australia, NZ dollars make most of greenback woes; inflation test looms

The Aussie paused at $0.6912, having surged more than 3% in the past five sessions to a 16-month high of $0.6941

Published 27 Jan, 2026 11:59am

Markets

China’s industrial profits rise 0.6% in 2025

The rise followed a 0.1% increase in the first 11 months of last year

Published 27 Jan, 2026 11:43am

Forex

Thai baht/US dollar weaker on Tuesday

The baht was 0.11% lower at 31.20 versus the dollar, after trading in a range of 31.110 to 31.285

Published 27 Jan, 2026 11:42am

Stocks

Japan’s Nikkei flat as currency intervention caution offsets tech gains

The Nikkei held its ground at 52,882.37

Published 27 Jan, 2026 11:40am

Commodities

Dalian iron ore extends fall on lingering concerns over China demand

The most-traded iron ore contract on China's Dalian Commodity Exchange (DCE) slid 0.44% to 788.5 yuan

Published 27 Jan, 2026 11:36am

Stocks

P&G exit: PSX sets Rs700 minimum buyback price for Gillette Pakistan delisting

GLPL proposed to purchase shares from public shareholders at Rs216.49 per share

Published 27 Jan, 2026 11:35am

Commodities

Copper slips after nearing record highs on profit-booking

The benchmark three-month copper on the London Metal Exchange declined 1.11% to $13,052 a ton

Published 27 Jan, 2026 11:25am

Markets

Indian gold, silver futures jump to record high tracking global gains

Domestic gold futures rose 2.4% to a record high of 159,820 rupees per 10 grams in early trade

Published 27 Jan, 2026 11:22am

Energy

China’s BYD, Exxon Mobil to deepen hybrid technology partnership

BYD launched engine oil jointly with Exxon Mobil specifically designed for its plug-in EVs last year

Published 27 Jan, 2026 11:18am

Markets

India, EU finalise landmark trade deal, PM Modi says

"Yesterday, a big agreement was signed between the European Union and India," Modi said

Updated 27 Jan, 2026 08:40pm

Mutual Funds

India bonds pare gains as supply woes blunt impact of RBI liquidity support

The benchmark 10-year 6.48% 2035 bond yield was at 6.6661%

Published 27 Jan, 2026 10:55am

Commodities

Soybean futures fall as China looks to Brazil for imports

Wheat futures also slipped as concerns that cold weather could damage US and Russian crops eased

Published 27 Jan, 2026 10:52am

Bullion Rate

Gold, silver rise to near record highs on safe-haven demand

Spot gold climbed 1% to $5,065.07 per ounce
Spot silver surged 5.2% to $109.22 an ounce
The white metal has already surged 53% so far this year

Published 27 Jan, 2026 10:49am

Stocks

China, HK stocks gain on signs Beijing’s price-war crackdown lifts earnings

In Hong Kong, the Hang Seng Index was up more than 1%

Published 27 Jan, 2026 10:45am

Forex

China’s yuan retreats from 32-month peak on weaker fix

Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint at 6.9858 per dollar

Published 27 Jan, 2026 10:41am

Commodities

Palm rises on gains at Dalian, good export and lower production data

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange gained 10 ringgit, or 0.24%, to 4,235 ringgit

Published 27 Jan, 2026 10:38am

Energy

Indian Oil to raise Brazilian crude purchases as Russian imports slow, executive says

IOC plans to purchase at least 24 million barrels of Brazilian crude from April 2026 to March 2027

Published 27 Jan, 2026 10:27am

Companies

Haleon Pakistan to invest nearly $5mn in Panadol Liquid packaging expansion

Company says investment aimed at enhancing capacity

Updated 27 Jan, 2026 02:42pm

Business & Finance

Bank Makramah approves sponsor shareholding reduction scheme

Bank Makramah Limited also approves a proposal relating to the bank’s outstanding TFCs

Published 27 Jan, 2026 10:03am

Stocks

KSE-100 sheds nearly 400 points after SBP keeps policy rate unchanged

Benchmark index settled at 188,202.85

Updated 27 Jan, 2026 06:12pm

Markets

Ford and General Motors in talks with First Brands over rescue financing, FT reports

Ford and General Motors are in ‌negotiations with bankrupt car parts supplier ‌First Brands Group over a potential financing package

Published 27 Jan, 2026 08:09am

Stocks

Indian equity benchmarks set for positive start on India-EU trade optimism

Indian markets were closed on Monday

Published 27 Jan, 2026 08:03am

Forex

Struggling Indian rupee to navigate Fed policy; bonds seen supported ahead of budget

The Indian rupee declined about 1.2% last week in its steepest fall in six months, after touching an all-time low of 91.9650

Published 27 Jan, 2026 07:59am

Forex

Dollar under fire again as investors reassess Trump policies, geopolitical risk

So far this year, the dollar was again underperforming other major currencies including the euro, sterling and Swiss franc

Published 27 Jan, 2026 07:54am

Stocks

Stocks up as earnings hopes offset Trump’s Korea tariff move, dollar wobbles

Even South Korea's KOSPI quickly reversed earlier losses to be last up 0.8%

Published 27 Jan, 2026 07:48am

Energy

Oil jumps over 1% on US storm disruption, Kazakh oilfield’s slow restart

Brent crude futures were up 90 cents or 1.4%, at $66.49 a barrel

Updated 27 Jan, 2026 07:33pm

Pakistan

Urea production: Cabinet approves gas allocation for three fertilizer plants

ISLAMABAD: By transitioning fertilizer production onto a standalone gas supply infrastructure, the government has...

Published 27 Jan, 2026 07:05am

Interest Rates

Atiq suggests policy rate to be brought down

Karachi: The Monetary Policy Committee (MPC) has decided to keep the policy rate unchanged at 10.5 percent in its...

Published 27 Jan, 2026 07:02am

Pakistan

Counterfeit, adulterated pesticides serious problem: CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed serious concern that the presence of...

Published 27 Jan, 2026 06:58am

Industry

LCCI flays decision to maintain policy rate

LAHORE: The Lahore Chamber of Commerce and Industry has expressed serious concern over the State Bank of ...

Published 27 Jan, 2026 06:49am

Companies

PMI recognized as Top Employer for 10th consecutive year

KARACHI: Philip Morris International (PMI) has been recognized as a Top Employer for the 10th consecutive year by ...

Published 27 Jan, 2026 06:40am

Companies

PQAMC announces Rs4.9581/unit dividend

KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company...

Published 27 Jan, 2026 06:38am

Business & Finance

China, India, Indonesia, Iran, Korea and Chinese Taipei: Anti-dumping duties on imports of Sulphonic Acid terminated

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

Published 27 Jan, 2026 06:30am

Energy

EU countries give final approval to Russian gas ban

BRUSSELS: European Union countries on Monday gave their final approval to ban Russian gas imports by late 2027,...

Published 27 Jan, 2026 06:15am

Commodities

Gold surges past $5,100

LONDON: Gold prices marched to record levels above USD5,100 on Monday, as investors sought a safe haven amid...

Updated 27 Jan, 2026 08:16am

Interest Rates

US rate check masks stiff hurdle to coordinated yen intervention

The unusual rate check by the New York Federal Reserve that triggered a spike in the stubbornly weak yen has lowered...

Updated 27 Jan, 2026 05:46am

Pakistan

Lawyer submits before FCC: Super tax falls under parliament’s exclusive taxing authority

ISLAMABAD: The counsel of Secretary Revenue Division argued that Section 4-C of the Income Tax Ordinance (ITO) falls...

Updated 27 Jan, 2026 07:20am

World

Iranian businesses suffer new blow as internet blackout lingers

DUBAI: Iranian businesses are reeling from an internet blackout, imposed while authorities used massive force to...

Updated 27 Jan, 2026 09:30am

Energy

European nations reinforce wind power commitment with 100 GW pledge

HAMBURG/BERLIN/LONDON: Britain, Germany, Denmark and other European countries signed a clean energy pact at a summit...

Updated 27 Jan, 2026 05:45am

South Asia

Bangladesh panel says Adani power deal overpriced, flags procedural flaws

DHAKA/SINGAPORE: An Adani Power, opens new tab coal-fired plant that exports electricity passes on Indian corporate...

Updated 27 Jan, 2026 05:44am

Energy

MARI posts 18pc QoQ drop in earnings on higher costs

KARACHI: Mari Energies Limited (MARI) reported a decline of 18 percent quarter-on-quarter in its earnings for the...

Updated 27 Jan, 2026 05:44am

Industry

Business community irked by unchanged policy rate

KARACHI: Business and industrial community has expressed disappointment over the Monetary Policy Committee’s...

Updated 27 Jan, 2026 05:44am

Industry

Industrial power tariffs: FPCCI demands correction

KARACHI: Atif Ikram Sheikh, President FPCCI, has called for the immediate correction of industrial electricity...

Updated 27 Jan, 2026 05:43am

Pakistan

Customs achieves historic Rs2.31trn revenue collection

KARACHI: Pakistan Customs on Monday revealed a historic revenue collection of Rs2.31 trillion, marking a significant...

Published 27 Jan, 2026 05:11am

Companies

MMC launches BYD Sealion 7, BYD Atto 2

KARACHI: Mega Motor Company (MMC), in partnership with BYD, the world’s no 1 New Energy Vehicle (NEV) ...

Published 27 Jan, 2026 05:11am

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
FTSE 100 / Jul 29	10,908.41
Dow Jones / Jul 29	51,594.14
Germany DAX 30 / Jul 29	25,460.48
France CAC40 / Jul 29	8,408.27
India Sensex / Jul 30	77,633.29
Tokyo Nikkei / Jul 30	61,685.46
Hang Seng / Jul 30	25,767.58

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
Ruby Textile / Jul 30 Ruby Textile Mills Limited(RUBY)	20.08 ▲ 1.83 (10.03%)
Premier Insurance / Jul 30 Premier Insurance Limited(PINL)	12.19 ▲ 1.11 (10.02%)
Prosperity Weav / Jul 30 Prosperity Weaving Mills Limited(PRWM)	74.86 ▲ 6.81 (10.01%)
Sakrand Sugar / Jul 30 Sakrand Sugar Mills Limited(SKRS)	31.97 ▲ 2.91 (10.01%)
Trust Mod. / Jul 30 Trust Modaraba(TRSM)	21.99 ▲ 2 (10.01%)
Aisha Steel(ConPS) / Jul 30 Aisha Steel(ConPS)(ASLPS)	35.42 ▲ 3.22 (10%)
Shams Textile / Jul 30 Shams Textile Mills Limited(STML)	55.01 ▲ 5 (10%)
Suraj Cotton / Jul 30 Suraj Cotton Mills Limited(SURC)	167 ▲ 15.18 (10%)
Nets Internat.Comm. / Jul 30 Nets International Communication Limited(GEMNETS)	25.85 ▲ 2.35 (10%)
Asim Textile / Jul 30 Asim Textile Mills Limited(ASTM)	34.89 ▲ 3.17 (9.99%)

Stock	Price
Dadabhoy Cement / Jul 30 Dadabhoy Cement Industries Limited(DBCI)	22.67 ▼ -2.52 (-10%)
Apna Microfin. / Jul 30 Apna Microfinance Bank Limited(AMBL)	21.06 ▼ -2.02 (-8.75%)
Khairpur Sug. / Jul 30 Khairpur Sugar Mills Limited(KPUS)	1,102 ▼ -101.44 (-8.43%)
Fateh Ind. / Jul 30 Fateh Industries Limited(FIL)	324 ▼ -29.28 (-8.29%)
Pakistan Credit Rating Agency / Jul 30 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	30 ▼ -2.52 (-7.75%)
JS Investments / Jul 30 JS Investments Limited(JSIL)	42.81 ▼ -3.02 (-6.59%)
Crescent Fib. / Jul 30 Crescent Fibres Limited(CFL)	54.65 ▼ -3.7 (-6.34%)
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	9.60 ▼ -0.58 (-5.7%)
Shahtaj Sugar / Jul 30 Shahtaj Sugar Mills Limited(SHJS)	149.99 ▼ -8.51 (-5.37%)
National Silk / Jul 30 The National Silk & Rayon Mills Limited(NSRM)	260.01 ▼ -13.84 (-5.05%)

Stock	Volume
Trust Sec.& Brok. / Jul 30 Trust Securities & Brokerage Limited(TSBL)	46,061,994 ▼ -0.03
Pak Int.Bulk / Jul 30 Pakistan International Bulk Terminal(PIBTL)	15,373,336 ▲ 0.46
Cnergyico PK / Jul 30 Cnergyico PK Limited(CNERGY)	8,926,011 ▼ -0.14
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	6,623,926 ▲ 0.77
WorldCall Telecom / Jul 30 Worldcall Telecom Limited(WTL)	5,439,935 ▼ -0.01
Pak Stock Exchange / Jul 30 Pakistan Stock Exchange Limited(PSX)	5,241,456 ▲ 1.13
Dadabhoy Cement / Jul 30 Dadabhoy Cement Industries Limited(DBCI)	4,741,434 ▼ -2.52
Clover Pakistan / Jul 30 Clover Pakistan Limited(CLOV)	4,025,966 ▲ 0.64
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	3,951,322 ▼ -0.58
Maple Leaf Cement / Jul 30 Maple Leaf Cement Factory Limited(MLCF)	3,697,646 ▲ 0.03

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