News Archives for Business & Finance - 2026-02-17

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Business & Finance - 2026-02-17

Business & Finance

Pakistan posts $121mn current account surplus in January

7MFY26 deficit widens to $1.07 billion

Published 17 Feb, 2026 10:57pm

South Asia

India tells global tech platforms to follow constitution after tougher content rules

'It’s very important for the multinationals to understand the cultural context of the country in which they are operating,' Vaishnaw said

Published 17 Feb, 2026 08:31pm

Companies

Warner Bros rejects revised Paramount bid, but remains open to a final offer

Paramount has until February 23 to make a new offer, which Netflix is allowed to match under the terms of the merger agreement

Published 17 Feb, 2026 08:24pm

Financial

India bonds rise as strong demand at state debt sale provides further push

Benchmark 6.48% 2035 bond yield ended at 6.66%

Published 17 Feb, 2026 06:27pm

Stocks

Sri Lankan shares close marginally lower as IT stocks weigh

CSE All Share index settled down 0.07% at 23,882.82

Published 17 Feb, 2026 06:24pm

Stocks

Most Gulf equities retreat on US-Iran caution

Saudi Arabia’s benchmark index dropped 0.8%

Published 17 Feb, 2026 06:21pm

Markets

India central bank proposes changes to foreign exchange dealing rules

Banks to trade on electronic trading platforms outside India

Published 17 Feb, 2026 06:15pm

Companies

India looks to Middle East, Asia to cushion EU carbon tax blow to steel exports

Till now, our exports were focussed on Europe but we are trying to diversify

Published 17 Feb, 2026 05:36pm

Companies

India’s top car maker Maruti Suzuki launches maiden EV

Maruti has priced the SUV at 1.1 million Indian rupees (around $12,100)

Published 17 Feb, 2026 05:31pm

Commodities

Copper falls as inventories rise to 11-month high

Benchmark three-month copper on the London Metal Exchange was down 0.8% at $12,744 a metric ton

Published 17 Feb, 2026 05:21pm

Companies

Infosys ties up with Anthropic, days after IT selloff

There’s a big gap between an AI model that works in a demo and one that works in a regulated industry

Published 17 Feb, 2026 05:02pm

Forex

Indian rupee ends flat; likely RBI presence blunts corporate, interbank dollar bids

Indian rupee closed at 90.6725 per dollar

Published 17 Feb, 2026 04:57pm

Companies

Adani bets $100 billion on data centres to power India’s AI ambitions

Adani said that the investment is expected to trigger an additional $150 billion across related industries

Published 17 Feb, 2026 04:53pm

Stocks

India’s equity benchmarks edge up; Infosys-Anthropic deal counters Reliance loss

Nifty 50 rose 0.17% to 25,725.40 and the BSE Sensex added 0.21% to 83,450.96

Published 17 Feb, 2026 04:46pm

Exchange

Rupee sees marginal gain against US dollar

Settles at 279.60 against the greenback

Updated 17 Feb, 2026 07:08pm

Business & Finance

Pakistan secures dual honors at IFN Deals of the Year Awards 2025

Aurangzeb says awards reflect international confidence in Pakistan’s economic management

Published 17 Feb, 2026 03:27pm

Companies

Japan’s Mitsubishi Corp to exit Engro Polymer & Chemicals Limited with 11% stake sale

The company did not disclose value of the transaction

Published 17 Feb, 2026 02:59pm

Stocks

Major Gulf equities retreat on US-Iran caution

Saudi Arabia’s benchmark index dropped 0.9%, with Al Rajhi Bank losing 1.1% and Saudi Arabian Mining Company retreating 3.3%

Published 17 Feb, 2026 02:48pm

Companies

PSO posts profit-after-tax of Rs12.1bn in 1HFY26

Pakistan State Oil (PSO), the nation’s energy flagship, recorded a profit-after-tax (PAT) of Rs12.1 billion for the...

Published 17 Feb, 2026 02:24pm

Business & Finance

Engro Energy sells 18.53% stake in Engro Powergen Qadirpur, maintains control

Engro Holdings Limited to still own around 50.36% of Engro Powergen Qadirpur Limited

Updated 17 Feb, 2026 02:40pm

Financial

Gold price drops by Rs9,000 per tola in Pakistan

International rate of gold declines by $90 to reach $4,920 per ounce

Published 17 Feb, 2026 02:09pm

Money & Banking

Ramazan 2026: minimum Nisab fixed at Rs503,529 for Zakat

The government has fixed Nisab for Zakat for the year 1446-47 A.H at Rs503,529 for deduction from savings bank...

Published 17 Feb, 2026 01:25pm

Markets

Global private equity firms bowled over by Indian cricket league IPL

The Indian Premier League, the world’s richest cricket league, counts Bollywood stars, Indian tycoons and spirits maker Diageo among its backers

Published 17 Feb, 2026 12:53pm

Forex

South African rand weakens ahead of unemployment data

The rand traded at 16.0375 against the dollar , about 0.4% below Monday’s close

Published 17 Feb, 2026 11:57am

Markets

India’s Infosys earned 5.5% of third-quarter revenue from AI services, CEO says

Infosys earned 5.5% of its revenue in the December quarter from AI services

Published 17 Feb, 2026 11:56am

Business & Finance

Pakistan set to meet almost all IMF QPCs ahead of February review: Topline

IMF team is expected to visit Pakistan in the last week of February

Published 17 Feb, 2026 11:54am

Forex

Thai baht/US dollar weaker on Tuesday

The baht was 0.17% lower at 31.15 versus the dollar, after trading in a range of 31.105 to 31.195

Published 17 Feb, 2026 11:32am

Stocks

Japan’s Nikkei slips as SoftBank drags; post-election momentum fades

The Nikkei was down 0.6% at 56,451.43

Published 17 Feb, 2026 11:31am

Stocks

Australian shares rise as BHP hits record high on profit, dividend beat

The S&P/ASX 200 index gained 0.4% to 8,972.1

Published 17 Feb, 2026 11:12am

Forex

Australia, NZ dollars drift off; RBA frets about inflation risks

Markets imply around a 60% chance of a May move, with 4.1% fully priced by August

Published 17 Feb, 2026 11:07am

Commodities

Wheat down 1.4% on ample supplies, soybeans fall for 2nd session

Soybeans fell 0.6% to $11.26-1/2 a bushel, after climbing to their highest since early December last week

Published 17 Feb, 2026 11:04am

Business & Finance

Pakistan plans export push to tackle potato surplus

Minister emphasised that the primary impact of surplus is being felt by farmers

Published 17 Feb, 2026 11:02am

Commodities

LME copper dips on firmer US dollar, thin Asia trade

Benchmark copper on the LME dropped 0.5% to $12,782.50 a metric ton

Published 17 Feb, 2026 11:01am

Mutual Funds

JGB yields slip in holiday-thinned trade

The 20-year JGB yield fell 7.5 basis points (bps) to 3.005%, its lowest since December 30

Published 17 Feb, 2026 10:50am

Mutual Funds

India bonds consolidate, demand for mega state debt sale eyed

The benchmark 6.48% 2035 bond yield was at 6.6671%

Published 17 Feb, 2026 10:34am

Stocks

Selling continues at bourse, KSE-100 down over 1,300 points

Benchmark index settles at 173,150.41

Updated 17 Feb, 2026 05:58pm

Companies

Pakistan Refinery Limited appoints Muhammad Zia Ul Haq as director

Pakistan Refinery Limited announced on Tuesday the appointment of Muhammad Zia Ul Haq as director. The company...

Published 17 Feb, 2026 09:55am

Forex

Indian rupee poised to track weaker Asia in risk-off mood; RBI intervention in play

The 1-month non-deliverable forward indicated the rupee will open in the 90.78-90.82 range versus the US dollar

Published 17 Feb, 2026 08:06am

Stocks

Indian shares set to open lower with analysts expecting post-earnings consolidation

The Gift Nifty futures were trading at 25,624.5 points

Published 17 Feb, 2026 07:53am

Forex

Dollar holds gains in thin trading as markets await Fed minutes, US GDP

The Aussie dollar edged lower after the release of Reserve Bank of Australia’s minutes from its February meeting

Updated 17 Feb, 2026 11:40am

Energy

Brent crude steadies as investors await outcome of diplomatic talks

Brent crude futures were down 23 cents, or 0.34%, at $68.42 a barrel
US WTI crude was at $63.57 a barrel

Updated 17 Feb, 2026 05:07pm

Stocks

Asia markets make cautious start, oil rises on US-Iran talks

Japan's Nikkei was down 0.5% and the broader Topix slid 0.2% to 3,779.29
- Mainland Chinese, Hong Kong, Singapore, Taiwan and South Korea markets were closed on Tuesday for Lunar New Year holidays.

Published 17 Feb, 2026 07:40am

Bullion Rate

Gold slides over 2% on strong dollar in light liquidity trade

Spot gold dropped 1.9% to $4,898.53 per ounce
Spot silver fell 2.8% to $74.46 per ounce
Spot platinum dropped 2% to $2,000.27 per ounce

Updated 17 Feb, 2026 01:16pm

Business & Finance

Coconut oil: customs’ values revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of coconut oil...

Published 17 Feb, 2026 07:14am

Industry

BMP says concerned at deteriorating financial position of SOEs

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has expressed grave...

Updated 17 Feb, 2026 06:54am

Business & Finance

Pathfinder Group hosts ‘Pakistan Pavilion DAVOS 2026’

KARACHI: Pathfinder Group convened senior policymakers, diplomats, industry leaders, and entrepreneurs at AmaaniBagh...

Published 17 Feb, 2026 06:03am

Companies

SLM to invest USD80m in PCR tyre line

KARACHI: In a move that underscores growing confidence in Pakistan’s high-end manufacturing sector, Service Long...

Updated 17 Feb, 2026 06:58am

Companies

IPAK posts sharp profit growth in H1

KARACHI: IPAK Group reported a sharp increase in profitability for the half year ended December 31, 2025, driven by...

Updated 17 Feb, 2026 06:58am

Money & Banking

HBL unveils refreshed brand identity

KARACHI: HBL, one of Pakistan’s most iconic brands, unveiled its refreshed brand identity, marking a defining moment...

Updated 17 Feb, 2026 06:57am

Industry

Giant Freshwater Prawn Farmers’ Day, Technical Roadshow held

GHARO: The Giant Freshwater Prawn Farmers’ Day & Technical Roadshow, titled “Unlocking Pakistan’s Aquaculture...

Published 17 Feb, 2026 06:03am

Business & Finance

Shaza lauds Fasset-HRL partnership

ISLAMABAD: Pakistan’s push toward a digitally enabled, investment-ready economy received a significant boost on...

Updated 17 Feb, 2026 06:57am

Business & Finance

Medical device registrations: TI-P asks DRAP CEO to ensure timely processing through online portal

ISLAMABAD: Transparency International Pakistan (TI-P) has asked the Chief Executive Officer of Drug Regulatory...

Updated 17 Feb, 2026 06:58am

Pakistan

Industrial units net-metering: NA body seeks details of regulations from Ministry

ISLAMABAD: National Assembly Standing Committee on Industries and Production on Monday sought details of the...

Updated 17 Feb, 2026 08:09am

Business & Finance

New customs values fixed on spray dispensing components

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of spray...

Published 17 Feb, 2026 06:03am

Pakistan

Financial Fact-Check: NHA operates with Rs43bn surplus, defying ‘Loss-Making’ labels

ISLAMABAD: The recent reports labelling the National Highway Authority (NHA) as a loss-making State-Owned Enterprise...

Published 17 Feb, 2026 06:03am

Companies

Local and global economic trends: Standard Chartered’s market outlook event offers key insights

KARACHI: Standard Chartered Pakistan hosted its Market Outlook 2026 in Karachi, presenting key insights into local...

Published 17 Feb, 2026 06:03am

Money & Banking

Bank Alfalah posts Rs28.34bn PAT for 2025

KARACHI: Bank Alfalah has posted Rs 28.34 billion profit after tax for the year 2025. The Board of Directors of Bank...

Updated 17 Feb, 2026 06:56am

Industry

FPCCI welcomes cut in infrastructure development cess by Sindh govt

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 17 Feb, 2026 06:03am

Pakistan

Rabi 2025–26: Meeting assesses status of wheat crop

KARACHI: Chief Secretary Sindh Asif Hyder Shah, presided over a high-level meeting of the Agriculture Department to...

Updated 17 Feb, 2026 06:55am

Business & Finance

Seminar on working system of Islamic banking held

FAISALABAD: In a bid to bridge the gap between academic knowledge and practical industry application, the Executive...

Updated 17 Feb, 2026 06:56am

Industry

PFMA to set up 1,550 flour sale points

LAHORE: The Pakistan Flour Mills Association (PFMA) will establish 1,550 dedicated flour sale points across Punjab ...

Updated 17 Feb, 2026 06:56am

Markets

Crypto company Nexo returns to US three years after clash with regulators

PARIS: Crypto company Nexo has relaunched in the United States, it said on Monday, three years after leaving the...

Updated 17 Feb, 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 28	278.05
USD PKR Interbank Buying / Jul 28	277.85
USD to Japanese Yen / Jul 28	163.75
USD to Swiss Franc / Jul 28	0.82
Pound Sterling to USD / Jul 28	1.33
Euro to USD / Jul 28	1.14
SOFR % / Jul 28	3.64

Stock	Volume
S&P 500 / Jul 27	7,413.18
Nasdaq / Jul 27	24,932.08
Dow Jones / Jul 27	52,210.08
India Sensex / Jul 28	76,916.26
Tokyo Nikkei / Jul 28	62,078.15
Hang Seng / Jul 28	25,254.48
FTSE 100 / Jul 28	10,802
Germany DAX 30 / Jul 28	25,507.27
France CAC40 / Jul 28	8,432.64

Item	Value
Crude Oil USD/Barrel / Jul 28	82.05
Karachi Cotton PKR/37.32 KG / Jul 28	18,480
Gold 10 Grams PKR / Jul 28	366,457
Gold Spot USD/Ounce / Jul 28	4,040.61
Cotton US¢/pound / Jul 28	80.50
Petrol/Litre / Jul 29	335.81
Diesel/Litre / Jul 29	388.38

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jul 28 Siddiqsons Tin Plate Limited(STPL)	9.18 ▲ 1 (12.22%)
Gulistan Sp. / Jul 28 Gulistan Spinning Mills Limited(GUSM)	9.65 ▲ 1 (11.56%)
Gulshan Sp. / Jul 28 Gulshan Spinning Mills Limited(GSPM)	7.09 ▲ 0.7 (10.95%)
Khalid Siraj / Jul 28 Khalid Siraj Textile Mills Limited(KSTM)	14.80 ▲ 1.35 (10.04%)
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	26.79 ▲ 2.44 (10.02%)
Adamjee Ins. / Jul 28 Adamjee Insurance Company Limited(AICL)	90.56 ▲ 8.23 (10%)
Baba Farid Sugar / Jul 28 Baba Farid Sugar Mills Limited(BAFS)	546.95 ▲ 49.72 (10%)
First Tri-Star Mod. / Jul 28 First Tri-Star Modaraba(FTSM)	37.96 ▲ 3.45 (10%)
Khairpur Sug. / Jul 28 Khairpur Sugar Mills Limited(KPUS)	1,337.15 ▲ 121.56 (10%)
National Silk / Jul 28 The National Silk & Rayon Mills Limited(NSRM)	304.10 ▲ 27.65 (10%)

Stock	Price
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	2.30 ▼ -0.3 (-11.54%)
Asia Ins. / Jul 28 Asia Insurance Company Limited(ASIC)	44.51 ▼ -4.95 (-10.01%)
Olympia Mills / Jul 28 Olympia Mills Limited(OML)	140.34 ▼ -15.59 (-10%)
TPL Insurance / Jul 28 TPL Insurance Limited(TPLI)	72.29 ▼ -8.03 (-10%)
Pakistan Credit Rating Agency / Jul 28 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	32.52 ▼ -3.5 (-9.72%)
Nets Internat.Comm. / Jul 28 Nets International Communication Limited(GEMNETS)	23.50 ▼ -2.5 (-9.62%)
Ruby Textile / Jul 28 Ruby Textile Mills Limited(RUBY)	16.59 ▼ -1.71 (-9.34%)
First IBL Mod. / Jul 28 First IBL Modaraba(FIBLM)	15.24 ▼ -1.43 (-8.58%)
Shahzad Tex. / Jul 28 Shahzad Textile Mills Limited(SZTM)	88.84 ▼ -8.05 (-8.31%)
S.G.Power / Jul 28 S.G. Power Limited(SGPL)	70.57 ▼ -6.08 (-7.93%)

Stock	Volume
Cnergyico PK / Jul 28 Cnergyico PK Limited(CNERGY)	273,053,795 ▲ 0.19
WorldCall Telecom / Jul 28 Worldcall Telecom Limited(WTL)	72,249,659 ▼ -0.04
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	63,665,301 ▼ -0.3
Pak Refinery / Jul 28 Pakistan Refinery Limited(PRL)	38,899,025 ▲ 3.64
Maple Leaf Cement / Jul 28 Maple Leaf Cement Factory Limited(MLCF)	24,346,490 ▲ 0.35
Ghani Chem. Ind. / Jul 28 Ghani Chemical Industries Limited(GCIL)	22,754,780 ▲ 1.24
TPL Corp Ltd / Jul 28 TPL Corp Limited(TPL)	21,763,143 ▲ 0.21
Siddiqsons Tin / Jul 28 Siddiqsons Tin Plate Limited(STPL)	18,863,138 ▲ 1
K-Electric Ltd. / Jul 28 K-Electric Limited(KEL)	15,390,222 ▼ -0.08
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	14,668,681 ▲ 2.44

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