News Archives for Business & Finance - 2026-01-30

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Business & Finance - 2026-01-30

Business & Finance

Post PIA’s successful sell-off: Privatisation Commission seeks annual budget hike

PC aims strengthening institutional capacity, expediting privatisation process

Updated 31 Jan, 2026 02:20pm

Stocks

Wall St slips after Trump picks Fed critic Warsh to succeed Powell

The small-cap Russell 2000 index , which is more sensitive to interest rates, fell 0.3%

Published 30 Jan, 2026 08:47pm

South Asia

India government sets deadline for financial bids for IDBI, sources say

Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%,

Published 30 Jan, 2026 08:33pm

Stocks

India’s National Stock Exchange IPO gains regulatory approval, NSE says

SEBI’s clearance for it to proceed with the IPO is conditional on the NSE making full disclosure of pending litigations

Published 30 Jan, 2026 08:29pm

Energy

Global LNG: Asia spot prices rise for third straight week on cold-weather demand

Europe is experiencing higher year-on-year gas demand

Published 30 Jan, 2026 06:52pm

Markets

India’s GIFT City attracts Lloyd’s and other global reinsurers, sources say

The city offers businesses favourable tax treatment, such as a 10-year tax holiday and exemption from capital gains

Published 30 Jan, 2026 06:50pm

Companies

Bajaj Auto posts quarterly profit rise on demand boost

Two-wheeler exports rose 13.8% on stronger African market demand and favourable currency movements

Published 30 Jan, 2026 06:22pm

Forex

India’s forex reserves rise to record high of $709.41 billion, central bank data shows

The central bank’s gold holdings are now valued at $123 billion, jumping $5.6 billion over the week

Published 30 Jan, 2026 06:06pm

Stocks

UAE markets track oil prices lower as geopolitical risks ease

Abu Dhabi’s benchmark index declined 0.8%

Published 30 Jan, 2026 05:57pm

USA

Trump picks former Fed official Warsh to run US central bank

US president says have known Kevin Warsh for a long period of time

Updated 30 Jan, 2026 09:02pm

Stocks

Sri Lankan shares end lower, snap four-week winning streak

CSE All-Share index declined 0.4% to 23,812.31 points

Published 30 Jan, 2026 05:44pm

Forex

Indian rupee slips to record low, logs worst monthly fall in over 3 years

Indian rupee fell 2.3% in January and hit a record low of 91.9875 per dollar on Friday before ending at 91.9825

Published 30 Jan, 2026 05:42pm

Stocks

Indian benchmark shares log biggest monthly loss in 11 ahead of annual budget

Nifty 50 lost 3.1% to 25,320.65 and the BSE Sensex lost 3.5% to 82,269.78

Published 30 Jan, 2026 05:38pm

Commodities

Copper and other base metals fall on profit-taking

Benchmark three-month copper on the London Metal Exchange dropped 2.2% to $13,319.50 a metric ton

Published 30 Jan, 2026 05:34pm

Commodities

Palm snaps four-month losing streak on boost from rival oils, crude, data

Dalian’s most-active soyoil contract fell 0.84%

Published 30 Jan, 2026 05:32pm

Companies

Muthoot Finance closes $600 million dollar bond sale

Company will offer a yield of 5.75% to investors, below the initial price guidance of 6.1250%

Published 30 Jan, 2026 05:27pm

Financial

India 10-year bond posts worst pre-budget monthly fall in 4 years on supply jitters

Benchmark 10-year 6.48% 2035 bond yield ended little changed at 6.6963%.

Published 30 Jan, 2026 05:23pm

Exchange

Rupee registers gain against US dollar

Currency settles at 279.77 against the greenback

Updated 30 Jan, 2026 06:39pm

Business & Finance

Aurangzeb meets new SECP leadership

A major focus of the discussion was the development of Pakistan’s debt capital markets

Published 30 Jan, 2026 03:19pm

Business & Finance

KAPCO, Fauji Cement to jointly acquire 84% stake in Attock Cement

Listed company discloses the development in its notice to the Pakistan Stock Exchange

Updated 31 Jan, 2026 08:45am

Energy

Pakistan, KSA to deepen ties in energy and minerals

Pakistan and Saudi Arabia have reiterated their focus on deepening collaboration in the energy and minerals sectors,...

Updated 30 Jan, 2026 10:31pm

Financial

Gold price per tola drops massive Rs35,500 in Pakistan

Price of silver also decreases by Rs1,106 to reach Rs11,069 per tola

Updated 30 Jan, 2026 10:30pm

Business & Finance

Secure Logistics shareholders approve FinTech software acquisition with 99.98% majority

Says this achievement will enable the company to proceed with the execution of Definitive Agreements

Published 30 Jan, 2026 01:27pm

Companies

Ghani Chemical inks agreement with UK-based company

The UK-based company under CPX is a global brand with a presence in more than 100 countries

Published 30 Jan, 2026 01:26pm

Markets

PM Shehbaz rolls out measures to boost industry, trade and exports

Initiatives include a 300-basis-point cut in the refinance rate for exporters
Announce reductions in industrial power tariffs and wheeling charges

Updated 31 Jan, 2026 02:21pm

Commodities

Iron ore dips as portside inventory builds, demand expected to pick up

The contract has lost 0.38% this week, and is on track to decline for a second straight week

Published 30 Jan, 2026 11:41am

Commodities

Wheat dips as US dollar finds its footing

Soybeans and corn also dipped, and both were set to end the week little changed amid ample supply

Published 30 Jan, 2026 11:38am

Commodities

Palm drops, mirroring rival edible oils; heads for weekly gain

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange lost 78 ringgit, or 1.81%, to 4,239 ringgit

Published 30 Jan, 2026 11:36am

Forex

China’s yuan steady as PBOC sets strongest fix in 32 months

Spot yuan opened at 6.9530 per dollar and was last trading at 6.9499

Published 30 Jan, 2026 11:05am

Stocks

China stocks tumble as gold shares drag; still set for monthly gain

The Shanghai Composite Index declined 1.2% to 4,108.46

Published 30 Jan, 2026 11:02am

Commodities

As gold becomes too expensive, Pakistani investors weigh silver & copper

The prices of gold and silver have surged to record levels in recent weeks amid rising geopolitical and economic...

Published 30 Jan, 2026 11:02am

Mutual Funds

India bonds seen under pressure ahead of debt sale, budget remains key focus

The benchmark 10-year 6.48% 2035 bond yield is likely to be in the 6.68%-6.72% range till the debt auction

Published 30 Jan, 2026 10:50am

Stocks

Australian shares head for best month in five as commodity stocks surge

The S&P/ASX 200 index advanced 0.4% to 8,960.50

Published 30 Jan, 2026 10:46am

Forex

Australia, NZ dollars boast second week of bumper gains as greenback buckles

That outlook helped underpin the Aussie at $0.7050, having touched a fresh three-year peak of $0.7094 overnight

Published 30 Jan, 2026 10:45am

Stocks

Japan’s Nikkei falls on tech selloff, set for second weekly drop

The Nikkei fell 0.85% to 52,923.12 by the midday break after rising as much as 0.4% earlier in the session

Published 30 Jan, 2026 10:41am

Stocks

KSE-100 Index gains 1% as PSX rebounds sharply after rout

Benchmark index settles at 184,174.48

Updated 30 Jan, 2026 06:16pm

Stocks

Indian equity benchmarks set for muted start; weak rupee, rising oil prices weigh

Gift Nifty futures were trading at 25,405 points

Published 30 Jan, 2026 08:10am

Forex

Indian rupee leans on RBI to soften impact of flows, weak Asian cues

The Indian rupee hit an all-time low of 91.9850 on Thursday

Published 30 Jan, 2026 08:07am

Bullion Rate

Gold plunges as bets of a more hawkish Fed chair rise; set for best month since 1980

Spot gold lost 3.9% to $5,183.21 per ounce
- Spot silver slipped 5.7% to $109.55 an ounce
- Spot platinum lost 5.3% to $2,489.31 per ounce

Updated 30 Jan, 2026 01:50pm

Stocks

Asia stocks choppy, on track for best month in three years

MSCI's broadest index of Asia-Pacific shares outside Japan fluctuated between gains and losses and was recently down 0.2%
- Gold was last down 0.7% at $5,357.9404, while silver slipped 0.2% to $115.89

Published 30 Jan, 2026 07:58am

Forex

Dollar pares weekly slide on Fed, government shutdown speculation

Against the Swiss franc , the dollar strengthened 0.7% to 0.7699

Published 30 Jan, 2026 07:54am

Energy

Oil edges lower after Trump signals dialogue with Iran over nuclear programme

Brent crude futures were down 21 cents, or 0.3%, at $70.50 a barrel

Updated 30 Jan, 2026 08:42pm

Industry

Punjab govt plans to introduce industrial land lease policy

LAHORE: Secretary Industries, Investment and Commerce Punjab, Muhammad Umar Masood, said that the Punjab government...

Published 30 Jan, 2026 07:41am

Pakistan

Punjab releasing 20,000MT of subsidised wheat to flour mills per day

LAHORE: The Punjab Food Department (PFD) is releasing 20,000 metric tons of subsidized wheat to 670 flour mills...

Published 30 Jan, 2026 07:39am

Industry

PIBF concerned at maintaining status quo in MP

LAHORE: The Pakistan International Business Forum (PIBF) on Thursday expressed strong concerns over the decision to...

Published 30 Jan, 2026 07:37am

Companies

Hyundai Nishat Motors launch N-SPRINT

LAHORE: Nishat Group, through its automotive arm Hyundai Nishat Motors (Private) Limited, in collaboration with...

Published 30 Jan, 2026 07:35am

Business & Finance

Minister urges AD Ports Group to rationalise terminal cargo handling charges

KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has urged AD Ports Group to ...

Published 30 Jan, 2026 07:30am

Pakistan

Pakistan, Rwanda explore direct sea routes to tap East Africa market

ISLAMABAD: Pakistan and Rwanda to enhance bilateral cooperation, have started exploring direct sea routes from...

Published 30 Jan, 2026 07:17am

Industry

PTM, stakeholders to enhance tourism contribution to economy

KARACHI: Pakistan Travel Mart (PTM) and stakeholders of the tourism industry vowed to facilitate local and foreign...

Published 30 Jan, 2026 06:36am

Companies

Telenor partnership with Four Brothers Group

ISLAMABAD: Telenor Pakistan has announced a strategic collaboration with Four Brothers Group to improve farmers’...

Published 30 Jan, 2026 06:29am

Companies

Fauji Fertilizer Q4 earnings come in below industry expectations

KARACHI: Fauji Fertilizer Company Limited (FFC) on Thursday announced its financial results for the fourth quarter...

Updated 30 Jan, 2026 08:35am

Business & Finance

Geopolitics loom large over big oil earnings

HOUSTON: Exxon Mobil and Chevron executives may face more questions about their investment opportunities in ...

Published 30 Jan, 2026 05:47am

Companies

Ahsan Mushahid made Soneri Bank’s President & CEO wef April 1

KARACHI: Ahsan Mushahid Siddiqui has been appointed as President & Chief Exe-cutive Officer of Soneri Bank...

Published 30 Jan, 2026 05:20am

Business & Finance

Investors bet on later Fed cuts to support markets after pause

Wall Street is anticipating a pause in the Federal Reserve’s monetary easing cycle to last through the remainder of...

Updated 30 Jan, 2026 06:49am

Industry

TMA holds sustainability reporting & award ceremony

KARACHI: The Towel Manufacturers Association of Pakistan (TMA) held its Sustainability Reporting & Award...

Published 30 Jan, 2026 05:20am

Companies

Garaj partners with MCB on network optimisation

ISLAMABAD: Garaj, the cloud services and cybersecurity solution from JazzWorld, has entered into a strategic...

Published 30 Jan, 2026 05:20am

Industry

PPDA opposes installation of auto gauging system by Feb 12

KARACHI: The federal government’s requirement to install the Auto Gauging System (ATG) by February 12 has raised...

Updated 30 Jan, 2026 06:49am

Business & Finance

Potato export crisis: NA body to hold meeting with PM

ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research on Thursday decided to...

Updated 30 Jan, 2026 06:44am

Companies

Sehl Accounts: SECP decides to promote financial inclusion, attract low-ticket investments

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has announced some major decisions to promote...

Published 30 Jan, 2026 05:20am

Business & Finance

Iran intends to expand USD400bn oil agreement with China: envoy

ISLAMABAD: In a bid to stabilise the embattled Iranian rial and bolster its flagging economy, Iran’s Ambassador to...

Updated 30 Jan, 2026 06:44am

Business & Finance

Pakistan committed to closer EU ties, trade expansion under GSP+: PM

ISLAMABAD: Raimundas Karoblis, Ambassador of the European Union to Pakistan, calls on Prime Minister Shehbaz Sharif,...

Published 30 Jan, 2026 05:20am

Money & Banking

Bank deposits hit Rs37.4trn mark

KARACHI: Deposits of the banking sector recorded a second highest growth of 23.6 percent during the last calendar...

Published 30 Jan, 2026 05:20am

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 29	163.44
USD to Swiss Franc / Jul 29	0.81
Pound Sterling to USD / Jul 29	1.34
Euro to USD / Jul 29	1.15
SOFR % / Jul 29	3.64

Stock	Volume
S&P 500 / Jul 29	7,316.15
India Sensex / Jul 29	77,654.60
Tokyo Nikkei / Jul 29	61,434.19
Nasdaq / Jul 29	24,442.94
Hang Seng / Jul 29	25,807.92
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

Item	Value
Crude Oil USD/Barrel / Jul 29	84.36
Karachi Cotton PKR/37.32 KG / Jul 29	18,480
Gold 10 Grams PKR / Jul 29	365,600
Gold Spot USD/Ounce / Jul 29	4,091.16
Cotton US¢/pound / Jul 29	79.53
Petrol/Litre / Jul 30	335.06
Diesel/Litre / Jul 30	390.62

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	10.18 ▲ 1 (10.89%)
Gulistan Sp. / Jul 29 Gulistan Spinning Mills Limited(GUSM)	10.63 ▲ 0.98 (10.16%)
Reliance Ins. / Jul 29 Reliance Insurance Company Limited(RICL)	13.37 ▲ 1.22 (10.04%)
Premier Insurance / Jul 29 Premier Insurance Limited(PINL)	11.08 ▲ 1.01 (10.03%)
786 Invest Ltd / Jul 29 786 Investments Limited(786)	25.80 ▲ 2.35 (10.02%)
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	19.99 ▲ 1.82 (10.02%)
Aisha Steel(ConPS) / Jul 29 Aisha Steel(ConPS)(ASLPS)	32.20 ▲ 2.93 (10.01%)
Prosperity Weav / Jul 29 Prosperity Weaving Mills Limited(PRWM)	68.05 ▲ 6.19 (10.01%)
Ruby Textile / Jul 29 Ruby Textile Mills Limited(RUBY)	18.25 ▲ 1.66 (10.01%)
Dadabhoy Cement / Jul 29 Dadabhoy Cement Industries Limited(DBCI)	25.19 ▲ 2.29 (10%)

Stock	Price
Khairpur Sug. / Jul 29 Khairpur Sugar Mills Limited(KPUS)	1,203.44 ▼ -133.71 (-10%)
Maqbool Textile / Jul 29 Maqbool Textile Mills Limited(MQTM)	29.94 ▼ -3.32 (-9.98%)
National Silk / Jul 29 The National Silk & Rayon Mills Limited(NSRM)	273.85 ▼ -30.25 (-9.95%)
Power Cem(Pref) / Jul 29 Power Cement (Pref)(POWERPS)	23.39 ▼ -2.47 (-9.55%)
Shahtaj Sugar / Jul 29 Shahtaj Sugar Mills Limited(SHJS)	158.50 ▼ -16.16 (-9.25%)
Chashma / Jul 29 Chashma Sugar Mills Limited(CHAS)	90.68 ▼ -8.91 (-8.95%)
Khalid Siraj / Jul 29 Khalid Siraj Textile Mills Limited(KSTM)	13.62 ▼ -1.18 (-7.97%)
First Tri-Star Mod. / Jul 29 First Tri-Star Modaraba(FTSM)	35.05 ▼ -2.91 (-7.67%)
Dewan Automotive Eng. / Jul 29 Dewan Automotive Engineering Limited(DWAE)	21.59 ▼ -1.77 (-7.58%)
Pak Engineering / Jul 29 Pakistan Engineering Company Limited(PECO)	695.64 ▼ -54.36 (-7.25%)

Stock	Volume
Cnergyico PK / Jul 29 Cnergyico PK Limited(CNERGY)	58,656,206 ▼ -0.19
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	50,224,225 ▲ 1
WorldCall Telecom / Jul 29 Worldcall Telecom Limited(WTL)	48,951,979 ▼ -0.02
Trust Sec.& Brok. / Jul 29 Trust Securities & Brokerage Limited(TSBL)	40,353,000 ▼ -0.03
TPL Properties / Jul 29 TPL Properties Limited(TPLP)	18,561,709 ▲ 0.03
Samba Bank / Jul 29 Samba Bank Limited(SBL)	18,512,128 ▲ 1.04
Maple Leaf Cement / Jul 29 Maple Leaf Cement Factory Limited(MLCF)	18,349,587 ▼ -1.24
Pak Refinery / Jul 29 Pakistan Refinery Limited(PRL)	16,486,569 ▼ -1.78
TPL Corp Ltd / Jul 29 TPL Corp Limited(TPL)	14,771,037 ▼ -0.15
Pak Int.Bulk / Jul 29 Pakistan International Bulk Terminal(PIBTL)	12,828,985 ▲ 0.04

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