News Archives for Business & Finance - 2026-02-10

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Business & Finance - 2026-02-10

Markets

Pakistan car sales jump 43% YoY in first seven months of FY26

Car sales stand at 111,377 units in 7MFY26, against 77,686 units in 7MFY25

Published 10 Feb, 2026 08:09pm

Technology

AI central to improving revenue, public service delivery: finance minister

Says countries adopting artificial intelligence at varying speeds, shaped by their economic structures, development priorities

Updated 10 Feb, 2026 10:58pm

Markets

Alphabet sells bonds worth $20 billion to fund AI spending

Alphabet’s announcement follows a $25 billion note sale by Oracle disclosed on February 2 in a securities filing

Published 10 Feb, 2026 05:03pm

Markets

India bonds get state debt sale boost

MUMBAI: Indian government bonds snapped a two-day slide on Tuesday after a state debt sale attracted strong demand,...

Published 10 Feb, 2026 04:54pm

Exchange

Rupee appreciates against US dollar

Local currency settles at 279.67

Updated 10 Feb, 2026 09:29pm

Business & Finance

Wafi Energy Pakistan to establish subsidiary in UAE

New company to be established in the Dubai Free Zone of Dubai Multi Commodities Centre

Published 10 Feb, 2026 03:54pm

Commodities

India will use more coal over the next 25 years, report says

Even by 2070, industrial demand is expected to keep coal consumption at a relatively high 1.80 billion tons

Published 10 Feb, 2026 03:49pm

Commodities

India’s gold ETF inflows top equity mutual funds for the first time

Gold ETFs are easier to buy and hold than physical gold and India is one of the world’s biggest markets for the metal

Published 10 Feb, 2026 03:42pm

Stocks

European shares flat as investors take stock of mixed earnings updates

The pan-European STOXX 600 index was flat at 621.28 points

Published 10 Feb, 2026 01:53pm

Technology

Cisco unveils new AI networking chip, taking on Broadcom and Nvidia

Cisco expects the chip to help some AI computing jobs get done 28% faster

Published 10 Feb, 2026 01:51pm

Stocks

China stocks close higher as gains in communications sector outweigh property losses

Benchmark Shanghai Composite Index rose 0.13%, while the blue-chip CSI300 Index inched higher by 0.11%

Published 10 Feb, 2026 01:48pm

South Asia

India in talks over critical minerals deals with Brazil, Canada, France, Netherlands, sources say

The focus would be on lithium and rare earths, and India would also seek access to mineral-processing technologies

Published 10 Feb, 2026 01:38pm

Companies

Honda reports more than 60% year-on-year drop in quarterly operating profit

Japan’s second-biggest automaker after Toyota Motor reported operating profit of 153.4 billion yen

Published 10 Feb, 2026 01:31pm

Stocks

Stocks rise as Nikkei sets record, dollar drops

Yen strengthens as global stocks climb; dollar falters amidst evolving US-China financial dynamics and awaiting key US economic reports this week

Published 10 Feb, 2026 01:28pm

South Asia

India regulator stalls new exchanges’ entry into options market, sources say

India's regulator has stopped new exchanges from derivatives, requiring them to first prove robust cash market liquidity for healthier market growth

Published 10 Feb, 2026 01:22pm

Commodities

Japan rubber futures snap four-day rally on stronger yen

OSE rubber contract for July delivery closed down 4.5 yen, or 1.27%

Published 10 Feb, 2026 01:16pm

Startup Recorder

US tech firm AutoAcquire AI acquires Pakistani AI startup Virtuans in seven-figure deal

Both founders, Raheel and Mudassar, have been appointed to leadership positions at AutoAcquire

Updated 10 Feb, 2026 10:59pm

Financial

Japan’s 40-year bond yield slips for fourth session on demand from foreigners

Foreign investors are continuously scooping up super-long-dated bonds as their prices fell

Published 10 Feb, 2026 01:08pm

Commodities

Shanghai copper rangebound as rising inventories, weak demand offset dollar

Benchmark three-month copper on the London Metal Exchange, meanwhile, declined 0.76% to $13,076 a ton

Published 10 Feb, 2026 01:04pm

Commodities

Dalian iron ore ends flat, traders weigh low prices against tepid demand

Benchmark March iron ore on the Singapore Exchange was 0.5% higher at $100.4 a ton

Published 10 Feb, 2026 01:00pm

Companies

Adani Enterprises in talks with US Office of Foreign Assets

The communication does not contain any findings of aberrations or non-compliances

Published 10 Feb, 2026 12:37pm

Financial

Gold price per tola gains Rs1,500 in Pakistan

Reaches Rs526,262 during the day

Updated 10 Feb, 2026 06:38pm

Companies

Gucci owner Kering sees net profit plunge, sales drop

Sales dropped by 13 percent while net profit plunged by 93.6 percent

Published 10 Feb, 2026 12:19pm

Companies

Drugmaker Lupin settles US patent dispute with Astellas Pharma for $90 million

Lupin and its U.S. unit will pay Astellas a $75 million upfront payment and per-unit licensing fees

Published 10 Feb, 2026 12:16pm

Forex

Indian Rupee shored up by modest inflows, weaker dollar

Indian rupee closed at 90.5775 per dollar, up 0.2% on the day

Updated 10 Feb, 2026 03:45pm

Technology

Germany’s TeamViewer expects in 2026 up to 3% revenue rise in volatile market

Its fourth quarter pro-forma revenue was 2% year-on-year at 194.6 million euros

Published 10 Feb, 2026 11:51am

Markets

Pakistan receives $3.5bn in remittances in January 2026

During 7MFY26, remittances clock in at $23.2bn

Updated 10 Feb, 2026 04:40pm

Commodities

Gold falls on investor caution ahead of key US economic data

Spot gold fell 0.7% to $5,030.80 per ounce

Updated 10 Feb, 2026 01:11pm

Financial

India bonds tread water before large state debt sale

Benchmark 6.48% 2035 bond yield was at 6.7538%

Published 10 Feb, 2026 11:24am

Financial

India equity mutual fund inflows ease for second straight month in January

Inflows fell 14.35% month-on-month to 240.29 billion Indian rupees

Published 10 Feb, 2026 10:56am

Commodities

Palm erases gains on market caution, Dalian weakness

Benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 39 ringgit

Published 10 Feb, 2026 10:53am

Stocks

Australian shares little changed as financials cap mining gains

S&P/ASX 200 ended 2.7 points lower at 8,867.40

Updated 10 Feb, 2026 11:35am

Stocks

Nikkei, Topix race to record close on earnings, ‘Takaichi trade’ optimism

Nikkei 225 Index ended Tuesday’s session up 2.3% to 57,650.54

Updated 10 Feb, 2026 01:25pm

Stocks

Indian shares rise for third session on signs of revival in foreign fund flows

Nifty 50 rose 0.26% to 25,935.15, while the BSE Sensex added 0.25% to 84,273.92

Updated 10 Feb, 2026 03:36pm

Energy

Oil prices steady as Iran-US tensions and US data eyed

Brent futures rose 0.4%, to $69.31 a barrel

Updated 10 Feb, 2026 09:25pm

Forex

Dollar drifts lower ahead of US data, yen perks up after election

The Japanese yen strengthened to 155.24 per U.S. dollar

Published 10 Feb, 2026 10:35am

Markets

Ahead of JTC, Pakistan and Cambodia target practical trade outcomes

Meeting came ahead of the 2nd JTC session

Published 10 Feb, 2026 10:29am

Stocks

KSE-100 Index sheds nearly 200 points in volatile trading

Benchmark index settles at 182,153.55

Updated 10 Feb, 2026 05:46pm

Industry

Need for urgent steps to control rising energy rates: LCCI

LAHORE: During a meeting with former president of the Karachi Chamber of Commerce and Industry, Shariq Vohra, Faheem...

Published 10 Feb, 2026 08:15am

Industry

Tanveer warns of USD2bn export risks amid EU-India trade deal

LAHORE: While appreciating urgent government Interventions, S.M. Tanveer, the FPCCI leader and Patron-in-Chief UBG,...

Published 10 Feb, 2026 08:07am

Business & Finance

PM announces USD1bn investment in AI by 2030

ISLAMABAD: Pakistan on Monday formally unveiled a $1 billion national investment plan for artificial intelligence ...

Published 10 Feb, 2026 05:50am

Companies

Dun & Bradstreet partners with Midas Safety

KARACHI: Dun & Bradstreet has partnered with Midas Safety through the deployment of D&B Finance Analytics....

Updated 10 Feb, 2026 07:14am

Companies

JazzWorld, MoITT partner for ‘Indus AI Week’ celebration

ISLAMABAD: JazzWorld has partnered with the Ministry of Information Technology and Telecommunication (MoITT) for the...

Updated 10 Feb, 2026 07:13am

Business & Finance

IMF programme: Country committed to achieving 1.6pc of GDP surplus: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday reaffirmed Pakistan’s commitment...

Published 10 Feb, 2026 05:50am

Money & Banking

Moody’s changes banking outlook to stable

ISLAMABAD: Moody’s, the global rating agency, has changed its outlook on Pakistan’s banking system to stable from...

Published 10 Feb, 2026 05:50am

Business & Finance

Dar says committed to meeting GSP Plus obligations

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar reaffirmed Pakistan’s commitment...

Published 10 Feb, 2026 05:50am

Industry

Coordinator to PM, Cambodia minister discuss trade, other issues

ISLAMABAD: Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce and Minister of Commerce of the...

Updated 10 Feb, 2026 07:16am

Industry

German ambassador supports Pakistan’s apparel industry

LAHORE: German Ambassador Ina Lepel has expressed Germany’s strong commitment to supporting Pakistan’s apparel...

Updated 10 Feb, 2026 08:28am

Pakistan

PRA initiates action against tax defaulters

LAHORE: The Punjab Revenue Authority (PRA) has initiated the process of compiling a comprehensive record of...

Updated 10 Feb, 2026 07:20am

Business & Finance

‘Pakistan must shift from raw exports to agri value-addition’

LAHORE: By promoting agri-based value-added industries, Pakistan can transform its agricultural sector into a source...

Updated 11 Feb, 2026 02:11pm

Business & Finance

Development objectives: WB-financed PHCIP makes substantial progress

ISLAMABAD: The World Bank–financed Punjab Human Capital Investment Project (PHCIP) has made substantial progress...

Updated 10 Feb, 2026 07:19am

Pakistan

Senate body told: KPT records 9pc growth in container handling in 2025

ISLAMABAD: Chairman, Karachi Port Trust (KPT) has said that the KPT has recorded a nine percent growth in container...

Updated 10 Feb, 2026 07:19am

Companies

Zong partners with MoITT for ‘Indus AI Week 2026’

ISLAMABAD: Zong is partnering with the Ministry of Information Technology and Telecommunication (MoITT) for Indus AI...

Updated 10 Feb, 2026 07:19am

Business & Finance

SECP formulates new mechanism for special audit of companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has chalked out a new mechanism for the special...

Updated 10 Feb, 2026 07:18am

Business & Finance

SECP issues list of 24,958 inactive companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a comprehensive list of 24,958...

Updated 10 Feb, 2026 07:16am

Business & Finance

Water suspension disrupted industrial production: KATI

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has said that the...

Published 10 Feb, 2026 05:50am

Money & Banking

Meezan Bank announces financial results

KARACHI: Meezan Bank has reported a Profit After Tax (PAT) of Rs 89 billion for the year ended December 31, 2025,...

Published 10 Feb, 2026 05:50am

Business & Finance

PM recognises NBP for its contributions to economy

KARACHI: Prime Minister of Pakistan Shehbaz Sharif has recognized National Bank of Pakistan (NBP) for its...

Published 10 Feb, 2026 05:50am

Business & Finance

Mutual fund industry: AMCs & PFMs allowed to avail conventional or Shariah-compliant facilities

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed the Asset Management Companies...

Updated 10 Feb, 2026 07:15am

Companies

India's Bajaj Electricals swings to loss on weak consumer product sales, labour code charge

The Bajaj Group firm posted a consolidated loss of 341 million rupees

Published 10 Feb, 2026 12:14am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 28	278.05
USD PKR Interbank Buying / Jul 28	277.85
USD to Japanese Yen / Jul 29	163.55
USD to Swiss Franc / Jul 29	0.82
Pound Sterling to USD / Jul 29	1.33
Euro to USD / Jul 29	1.14
SOFR % / Jul 28	3.64

Stock	Volume
S&P 500 / Jul 28	7,428.78
Nasdaq / Jul 28	24,876.91
FTSE 100 / Jul 28	10,871.02
Dow Jones / Jul 28	52,747.32
Germany DAX 30 / Jul 28	25,464.01
France CAC40 / Jul 28	8,458.78
India Sensex / Jul 29	77,603.30
Tokyo Nikkei / Jul 29	61,689.86
Hang Seng / Jul 29	25,684.44

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 28	18,480
Gold 10 Grams PKR / Jul 28	366,457
Petrol/Litre / Jul 29	335.81
Crude Oil USD/Barrel / Jul 29	82.20
Gold Spot USD/Ounce / Jul 29	4,042.26
Diesel/Litre / Jul 29	388.38
Cotton US¢/pound / Jul 29	80.52

Gainers
Losers
Leaders

Stock	Price
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%)
Ellcot Spinning / Jul 29 Ellcot Spinning Mills Limited(ELSM)	161.39 ▲ 14.67 (10%)
Olympia Mills / Jul 29 Olympia Mills Limited(OML)	154.37 ▲ 14.03 (10%)
Nets Internat.Comm. / Jul 29 Nets International Communication Limited(GEMNETS)	25.85 ▲ 2.35 (10%)
Asim Textile / Jul 29 Asim Textile Mills Limited(ASTM)	31.72 ▲ 2.88 (9.99%)

Stock	Price
Khairpur Sug. / Jul 29 Khairpur Sugar Mills Limited(KPUS)	1,203.44 ▼ -133.71 (-10%)
TPL Insurance / Jul 29 TPL Insurance Limited(TPLI)	65.06 ▼ -7.23 (-10%)
Maqbool Textile / Jul 29 Maqbool Textile Mills Limited(MQTM)	31 ▼ -2.26 (-6.79%)
Pak Engineering / Jul 29 Pakistan Engineering Company Limited(PECO)	700 ▼ -50 (-6.67%)
JS Investments / Jul 29 JS Investments Limited(JSIL)	43.05 ▼ -2.78 (-6.07%)
AN Textile Mills / Jul 29 AN Textile Mills Limited(ANTM)	52.60 ▼ -3.4 (-6.07%)
Grays Leasing / Jul 29 Grays Leasing Limited(GRYL)	20.35 ▼ -1.3 (-6%)
Mughal Iron & Steel(C) / Jul 29 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	61.20 ▼ -3.8 (-5.85%)
PIA Holding Co.B / Jul 29 PIA Holding Company Limited B(PIAHCLB)	17,120 ▼ -1050 (-5.78%)
Ahmad Hassan / Jul 29 Ahmad Hassan Textile Mills Limited(AHTM)	92.90 ▼ -5.02 (-5.13%)

Stock	Volume
WorldCall Telecom / Jul 29 Worldcall Telecom Limited(WTL)	32,257,912 ▼ -0.02
Cnergyico PK / Jul 29 Cnergyico PK Limited(CNERGY)	29,571,047 ▼ -0.03
Trust Sec.& Brok. / Jul 29 Trust Securities & Brokerage Limited(TSBL)	26,853,638 ▲ 0.07
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	19,741,060 ▲ 0.42
Samba Bank / Jul 29 Samba Bank Limited(SBL)	14,254,736 ▲ 0.79
TPL Properties / Jul 29 TPL Properties Limited(TPLP)	13,063,124 ▲ 0.28
Pak Refinery / Jul 29 Pakistan Refinery Limited(PRL)	11,675,564 ▼ -1.25
Maple Leaf Cement / Jul 29 Maple Leaf Cement Factory Limited(MLCF)	9,142,011 ▼ -2.36
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	7,730,911 ▲ 1.82
Oilboy Energy / Jul 29 Oilboy Energy Limited(OBOY)	5,540,872 ▼ -0.41

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