News Archives for Business & Finance - 2026-02-27

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Business & Finance - 2026-02-27

Markets

Finance ministry sees February inflation at 6-7% in Pakistan

Govt expects Consumer Price Index to be in range of 5-7% for full fiscal year 2025-26

Published 27 Feb, 2026 10:29pm

Business & Finance

ECC approves revised low-cost housing scheme and key infrastructure grants

Enhances loan limit up to Rs10 million

Published 27 Feb, 2026 09:47pm

Companies

Netflix surges as investors cheer decision to exit Warner Bros race

Netflix declined to match Paramount’s latest $31 per share bid or raise its offer of $27.75 a share for Warner Bros’s studio and streaming assets

Published 27 Feb, 2026 09:19pm

Companies

Gucci’s Demna presents ‘Primavera’ collection in first fashion show for Italian label

At the September Milan fashion week Demna unveiled his first vision for the brand, called "La Famiglia", in a lookbook on Instagram and screening a short where actors wore the outfits

Published 27 Feb, 2026 09:14pm

Stocks

S&P 500, Nasdaq eye biggest monthly fall in a year as AI worries persist

The S&P 500 information technology index tumbled 1.3%

Published 27 Feb, 2026 09:07pm

Markets

PTA proposes end to prepaid mobile balance expiry

Proposal, issued through consultation paper, seeks public and industry feedback by March 16, 2026

Published 27 Feb, 2026 08:28pm

Technology

OpenAI’s $110 billion funding round draws investment from Amazon , Nvidia, SoftBank

Amazon’s cloud computing platform, AWS, will be the exclusive third-party cloud provider for OpenAI Frontier

Published 27 Feb, 2026 07:17pm

Middle East

UAE and Saudi boost oil exports as US-Iran tensions mount, sources say

Oil was trading above $72 a barrel on Friday and close to the highest levels since July

Published 27 Feb, 2026 07:14pm

Stocks

Sri Lankan shares settle lower, posts weekly drop

CSE All-Share index settled down 0.2% at 23,734.06

Published 27 Feb, 2026 05:28pm

Stocks

UAE stocks retreat on US-Iran impasse; oil prices jump

Dubai’s main market plunged 1.8%

Published 27 Feb, 2026 05:24pm

Commodities

Copper hits three-week high, on track for seventh consecutive monthly gain

Benchmark three-month copper on the LME rose 1.3% to $13,472 a metric ton

Published 27 Feb, 2026 05:19pm

Financial

Indian bond yields end February lower on surplus liquidity

Benchmark 6.48% 2035 bond yield ended at 6.6603%

Published 27 Feb, 2026 04:59pm

Stocks

Indonesia bourse to phase in 15% free-float rule, may batch firms by readiness

A combined 187 trillion rupiah ($11.15 billion) worth of shares could be released

Published 27 Feb, 2026 04:51pm

Commodities

Palm rises, but posts monthly drop

Benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange advanced 35 ringgit, or 0.87%, to 4,040 ringgit a metric ton

Published 27 Feb, 2026 04:35pm

Forex

Indian rupee logs first monthly gain in ten, traders eye seasonality test

Currency strengthened about 1% in February

Published 27 Feb, 2026 04:32pm

Stocks

India stocks fall for third month as AI woes trump earnings, trade lift

Nifty 50 fell 1.25% to 25,178.65 and the BSE Sensex dropped 1.17% to 81,287.19

Published 27 Feb, 2026 04:28pm

South Asia

India’s GDP growth slips to 7.8% in Oct-Dec, amid data revampc

Government expects the South Asian economy to have grown by 7.6%,

Published 27 Feb, 2026 04:24pm

Commodities

Gold price per tola remains unchanged in Pakistan

The international rate of gold also remained unchanged at $5,178 per ounce

Published 27 Feb, 2026 03:06pm

Exchange

Rupee records gain against US dollar

Currency settles at 279.47 in inter-bank market

Updated 27 Feb, 2026 05:09pm

Business & Finance

Pakistan’s inflation to clock in at 7.4% in February, highest in 18 months: report

Pakistan’s inflation is set to edge higher in February 2026, with expectations of 7.4% YoY, reflecting pressures...

Published 27 Feb, 2026 11:25am

Forex

Thai baht/US dollar stronger on Friday

The Thai baht strengthened against the US dollar on Friday

Published 27 Feb, 2026 11:09am

Stocks

South Korean shares fall as US tech sell-off sparks profit-booking

The benchmark KOSPI fell 149.83 points, or 2.38%, to 6,157.44

Published 27 Feb, 2026 11:05am

Forex

China’s yuan halts rally after PBOC cuts dollar-buying costs

The onshore yuan snapped a 10-day winning streak and fell about 0.15% at the market open to 6.86 per dollar

Published 27 Feb, 2026 10:47am

Forex

Indian rupee may retest 91 level again; flows, weak risk test RBI’s resolve

The one-month non-deliverable forward indicated the rupee will open in the 90.98-91.02 range versus the US dollar

Published 27 Feb, 2026 10:39am

Industry

Govt forms technical committee to review Export Facilitation Scheme

The government has constituted a dedicated technical committee under the direction of Prime Minister Shehbaz Sharif...

Published 27 Feb, 2026 10:34am

Commodities

Copper set for weekly gain on optimism around demand, growth

The benchmark three-month copper on the London Metal Exchange also ticked 0.12% up to $13,320.50 a ton, set to end the week up by 2.77%

Published 27 Feb, 2026 10:25am

Stocks

Indian shares open flat, tracking subdued Asian peers

The Nifty 50 fell 0.14% to 25,459.85 and the BSE Sensex shed 0.03% to 82,220.48

Published 27 Feb, 2026 10:22am

Markets

Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say

A 2019 sale of Nintendo’s shares, in which they and others participated, totalled some 71 billion yen

Published 27 Feb, 2026 10:16am

Commodities

Iron ore dips on tepid demand despite high port margins

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) traded 0.27% lower at 746.5 yuan ($108.89) a metric ton

Published 27 Feb, 2026 10:07am

Markets

IMF approves $8.1 billion loan for Ukraine, with $1.5 billion to go immediately

The new loan, which replaces a $15.5 billion program that was approved in 2023

Published 27 Feb, 2026 10:04am

Mutual Funds

India bonds dip on looming $8 billion supply

The benchmark 6.48% 2035 bond yield was at 6.7062%

Published 27 Feb, 2026 09:55am

Stocks

China stocks slip but eye weekly gain on tech, policy optimism

Hong Kong shares rebounded on a tech-driven boost

Published 27 Feb, 2026 09:53am

Commodities

Soybeans ease on profit taking, wheat inches higher

Wheat nudged higher, extending gains to a second session, while corn eased after two consecutive sessions of gains

Published 27 Feb, 2026 09:49am

Commodities

Palm set for monthly decline on sluggish exports and stronger ringgit

The contract has fallen 4.4% so far in February, heading for its steepest monthly decline since April 2025

Published 27 Feb, 2026 09:47am

Companies

KAPCO announces CEO change as Shahab Qader Khan resigns

Kot Addu Power Company Limited (KAPCO) has appointed Muhammad Masood as the acting chief executive in place of...

Published 27 Feb, 2026 09:46am

Forex

Australia, NZ dollars steady after see-saw week, bonds rally

The Aussie was idling at $0.7102, having eased from a top of $0.7135 overnight

Published 27 Feb, 2026 09:45am

Stocks

Gold miners lift Australian shares after early dip; Coles slump caps gains

The S&P/ASX 200 index edged up 0.1% to 9,185.80 points

Published 27 Feb, 2026 09:43am

Stocks

Japan’s Nikkei falls on tech drag, but set for biggest monthly gain in four

The broader Topix was up 0.43% at 3,897.24

Published 27 Feb, 2026 09:41am

Bullion Rate

Gold steady as drop in US Treasury yields offsets firm dollar

Spot gold held at $5,184.69 per ounce

Published 27 Feb, 2026 09:37am

Stocks

KSE-100 settles with over 800 points loss as Pakistan-Afghanistan tensions take toll

Benchmark index closes at 168,062.16

Updated 27 Feb, 2026 05:27pm

Energy

Oil prices rise 3% as US and Iran extend talks into next week

Brent crude futures advance by $2.13, or 3%, to $72.88 a barrel

Updated 27 Feb, 2026 09:50pm

Stocks

Asian shares fall, yen and Treasuries rise as AI, Iran concerns weigh

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4%, while Japan’s Nikkei stock index slid 0.8%

Published 27 Feb, 2026 09:29am

Forex

Aussie jumps, yen slumps as rates play dominates in February

While the yen was up 0.2% at 155.78 in Asia, it has fallen 0.4% for the week and 0.6% for the month thus far

Published 27 Feb, 2026 09:24am

Companies

Janana De Malucho resumes operations amid improvement in market conditions

Janana De Malucho Textile Mills Limited has announced the resumption of operations with effect from February 26,...

Published 27 Feb, 2026 08:45am

Business & Finance

Disaster resilience: SECP plans to enhance role of insurance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has chalked out a comprehensive plan to enhance...

Published 27 Feb, 2026 06:41am

Industry

PCJCCI shows keen interest in enhancing honey exports to China

ISLAMABAD: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has expressed strong interest in...

Published 27 Feb, 2026 06:37am

Companies

Legal, digital remittance channels into Pakistan: ACE Money Transfer partners with Askari Bank for expansion

ISLAMABAD: ACE Money Transfer, one of the leading global remittance service providers, has entered into a strategic...

Published 27 Feb, 2026 06:35am

Pakistan

Experts at UAF call for enhancing domestic edible oil production

FAISALABAD: Experts at UAF on Thursday called for enhancing domestic edible oil production, and create regenerative...

Published 27 Feb, 2026 06:30am

Business & Finance

Industrial chemicals: Import values of 16 different types issued

ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued new customs values on the import of 16...

Published 27 Feb, 2026 06:28am

Business & Finance

New Customs values set for imported disposable aluminum food containers

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of disposable...

Published 27 Feb, 2026 06:25am

Industry

TOR 2013 Amendment ensures unified citywide representation of Karachi: KCCI

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Rehan Hanif has categorically ...

Published 27 Feb, 2026 06:14am

World

CEO of World Economic Forum quits after Epstein ties come to light

ZURICH: The president and CEO of the World Economic Forum, Borge Brende, said he was stepping down on Thursday, a ...

Published 27 Feb, 2026 05:11am

Business & Finance

18 business points: PRA conducts scrutiny of records

LAHORE: The Punjab Revenue Authority (PRA) inspection teams while intensifying its enforcement actions against...

Updated 27 Feb, 2026 05:59am

Money & Banking

MCB Islamic Bank appoints Hammad Khalid as President & CEO

LAHORE: MCB Islamic Bank Limited has appointed Hammad Khalid as its new President and Chief Executive Officer. The...

Published 27 Feb, 2026 05:11am

Business & Finance

IMF review mission: No further energy tariff hikes or new tax burdens urged

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial...

Updated 27 Feb, 2026 05:59am

Companies

StanChart Pakistan earns Rs58.5bn profit before tax

KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a profit...

Updated 27 Feb, 2026 05:58am

Companies

HBL leads Rs75.9bn financing mandate for FWO’s White Oil Pipeline Project

RAWALPINDI: In a move aimed at bolstering Pakistan’s energy infrastructure, Frontier Works Organization (FWO) has...

Updated 27 Feb, 2026 05:57am

Business & Finance

OGDCL signs PCAs for five new exploration blocks

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company on...

Updated 27 Feb, 2026 05:57am

Companies

Supernet Limited merges into Supernet Technologies

KARACHI: Supernet Technologies Limited (STL) has formally absorbed Supernet Limited following the sanction of a...

Updated 27 Feb, 2026 05:57am

Industry

Amendments to Trade Organisation Rules rejected

LAHORE: The Regional Chairman and Vice President of the Federation of Pakistan Chambers of Commerce and Industry...

Updated 27 Feb, 2026 05:56am

Business & Finance

Customs values on imported mineral, sparkling water revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of branded...

Updated 27 Feb, 2026 05:56am

Business & Finance

PSX-KMI All Share Index: SECP revises Shariah screening criteria & methodology

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved revisions to the Shariah screening...

Updated 27 Feb, 2026 05:56am

Business & Finance

CCP clears proposed acquisition of Attock Cement

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the Attock Cement...

Published 27 Feb, 2026 05:11am

Pakistan

Raids without prior notice: FCC upholds tax authorities’ power

ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that tax authorities are legally empowered to conduct...

Published 27 Feb, 2026 05:11am

World

Alleged Iran, Russia links: US proposes severing Swiss bank from financial system

WASHINGTON: The US Treasury Department on Thursday proposed a rule that, if finalized, would sever MBaer Merchant...

Published 27 Feb, 2026 05:11am

Business & Finance

5G spectrum auction will be held on March 10

ISLAMABAD: Pakistan’s long-awaited 5G spectrum auction will be held on March 10, 2026, with major telecom ...

Published 27 Feb, 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 27	278.06
USD PKR Interbank Buying / Jul 27	277.86
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 27	3.64

Stock	Volume
S&P 500 / Jul 27	7,413.18
Nasdaq / Jul 27	24,932.08
FTSE 100 / Jul 27	10,781.75
Dow Jones / Jul 27	52,210.08
Germany DAX 30 / Jul 27	25,361.03
France CAC40 / Jul 27	8,406.06
India Sensex / Jul 28	76,916.26
Tokyo Nikkei / Jul 28	62,078.15
Hang Seng / Jul 28	25,254.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 27	18,480
Gold 10 Grams PKR / Jul 27	370,144
Petrol/Litre / Jul 28	334.18
Crude Oil USD/Barrel / Jul 28	82.05
Gold Spot USD/Ounce / Jul 28	4,040.61
Diesel/Litre / Jul 28	386.83
Cotton US¢/pound / Jul 28	80.50

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jul 28 Azgard Nine (Non-Voti)(ANLNV)	8.95 ▲ 0.94 (11.74%)
Khalid Siraj / Jul 28 Khalid Siraj Textile Mills Limited(KSTM)	14.80 ▲ 1.35 (10.04%)
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%)
Ellcot Spinning / Jul 28 Ellcot Spinning Mills Limited(ELSM)	146.72 ▲ 13.34 (10%)
Aisha Steel(ConPS) / Jul 28 Aisha Steel(ConPS)(ASLPS)	29.27 ▲ 2.66 (10%)
786 Invest Ltd / Jul 28 786 Investments Limited(786)	23.45 ▲ 2.13 (9.99%)
Asim Textile / Jul 28 Asim Textile Mills Limited(ASTM)	28.84 ▲ 2.62 (9.99%)
Dadabhoy Cement / Jul 28 Dadabhoy Cement Industries Limited(DBCI)	22.90 ▲ 2.08 (9.99%)
Oilboy Energy / Jul 28 Oilboy Energy Limited(OBOY)	18.38 ▲ 1.67 (9.99%)

Stock	Price
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%)
Nets Internat.Comm. / Jul 28 Nets International Communication Limited(GEMNETS)	23.50 ▼ -2.5 (-9.62%)
Grays Leasing / Jul 28 Grays Leasing Limited(GRYL)	20.20 ▼ -1.75 (-7.97%)
ARM Green Industries / Jul 28 ARM Green Industries Limited(ARMG)	63.50 ▼ -5.42 (-7.86%)
Popular Islamic / Jul 28 Popular Islamic Modaraba(PIM)	22 ▼ -1.77 (-7.45%)
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	2.42 ▼ -0.18 (-6.92%)
Gulistan Sp. / Jul 28 Gulistan Spinning Mills Limited(GUSM)	8.15 ▼ -0.5 (-5.78%)
Paramount Spinning / Jul 28 Paramount Spinning Mills Limited(PASM)	10.47 ▼ -0.56 (-5.08%)
First IBL Mod. / Jul 28 First IBL Modaraba(FIBLM)	15.83 ▼ -0.84 (-5.04%)

Stock	Volume
Cnergyico PK / Jul 28 Cnergyico PK Limited(CNERGY)	134,456,822 ▲ 0.41
WorldCall Telecom / Jul 28 Worldcall Telecom Limited(WTL)	55,279,062 ▼ -0.03
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	24,081,665 ▼ -0.18
Pak Refinery / Jul 28 Pakistan Refinery Limited(PRL)	18,847,406 ▲ 4.15
Ghani Chem. Ind. / Jul 28 Ghani Chemical Industries Limited(GCIL)	13,015,473 ▲ 1.54
TPL Corp Ltd / Jul 28 TPL Corp Limited(TPL)	12,594,643 ▲ 0.59
Maple Leaf Cement / Jul 28 Maple Leaf Cement Factory Limited(MLCF)	12,039,760 ▲ 1.44
K-Electric Ltd. / Jul 28 K-Electric Limited(KEL)	7,454,651 ▲ 0.02
Trust Mod. / Jul 28 Trust Modaraba(TRSM)	6,556,853 ▲ 1.65
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	6,088,673 ▲ 1.15

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