News Archives for Business & Finance - 2026-02-28 - Business Recorder

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اردو

Jul 28, 2026 اردو

Print Edition BR Markets Dollar to PKR

Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices

Business & Finance - 2026-02-28

Oil and gas majors and traders suspend shipments via Hormuz as US attacks Iran, sources say

Business & Finance

Oil and gas majors and traders suspend shipments via Hormuz as US attacks Iran, sources say

"Our ships will stay put for several days," one top executive at a major trading desk said

Published 28 Feb, 2026 10:56pm

Airlines suspend Middle East flights after US, Israel strikes on Iran

Middle East

Airlines suspend Middle East flights after US, Israel strikes on Iran

Israel, Iran, Iraq and Jordan closed their airspace following the attacks

Published 28 Feb, 2026 03:36pm

SWISS suspends Tel Aviv flights until March 7

Companies

SWISS suspends Tel Aviv flights until March 7

As numerous airspaces are closed as a result of the current situation

Published 28 Feb, 2026 03:28pm

Air France cancels Saturday flights to and from Tel-Aviv and Beirut

Companies

Air France cancels Saturday flights to and from Tel-Aviv and Beirut

Due to the security situation at the destination, the airline has decided to cancel its flights scheduled

Published 28 Feb, 2026 02:51pm

Bestway Cement enters auto sector after CCP nod

Industry

Bestway Cement enters auto sector after CCP nod

Bestway Automotive intends to assemble, market, and sell automobiles in Pakistan

Published 28 Feb, 2026 01:10pm

Gold price per tola gains Rs10,000 in Pakistan

Commodities

Gold price per tola gains Rs10,000 in Pakistan

Price of silver increases by Rs388 to reach Rs9,862 per tola

Published 28 Feb, 2026 12:57pm

Weekly SPI inflation down 0.54pc

Commodities

Weekly SPI inflation down 0.54pc

ISLAMABAD: The Sensitive Price Index (SPI) inflation for the week ended on February 26, 2026 has registered a...

Published 28 Feb, 2026 04:56am

Pakistan advances collaboration with global partners to establish local vaccine-manufacturing plant

Business & Finance

Pakistan advances collaboration with global partners to establish local vaccine-manufacturing plant

KARACHI: Pakistan has stepped up its collaboration with global partners, including Saudi Arabia and Indonesia, to...

Published 28 Feb, 2026 04:56am

Senate passes Virtual Assets Bill, 2025

Pakistan

Senate passes Virtual Assets Bill, 2025

ISLAMABAD: The Upper House of the Parliament has passed the Virtual Assets Bill, 2025, a government legislative ...

Published 28 Feb, 2026 04:56am

Rs555.5bn allocated for PSDP projects

Business & Finance

Rs555.5bn allocated for PSDP projects

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised Rs 555.5 billion (55.55...

Published 28 Feb, 2026 04:56am

FBR acts against 38 top YouTubers & TikTokers

Business & Finance

FBR acts against 38 top YouTubers & TikTokers

ISLAMABAD: The Federal Board of Revenue (FBR) has started recovery proceedings against 38 leading YouTubers, TikTok...

Published 28 Feb, 2026 04:56am

Existing unlisted companies: CDC announces fee relief package

Business & Finance

Existing unlisted companies: CDC announces fee relief package

ISLAMABAD: The Central Depository Company (CDC), at the request of the Securities and Exchange Commission of ...

Published 28 Feb, 2026 04:56am

Govt may face shortfall in current FY’s budgeted PL target

Business & Finance

Govt may face shortfall in current FY’s budgeted PL target

ISLAMABAD: The government may face a shortfall in the current fiscal year’s budgeted petroleum levy (PL) target, as...

Published 28 Feb, 2026 04:56am

New cyber threat: Downloading games & software only from official sources recommended

Business & Finance

New cyber threat: Downloading games & software only from official sources recommended

ISLAMABAD: A leading cybersecurity company Friday warned Pakistanis about a new cyber threat involving attackers...

Published 28 Feb, 2026 04:56am

SSGC appoints Muhammad Amin Rajput as MD, CEO

Business & Finance

SSGC appoints Muhammad Amin Rajput as MD, CEO

KARACHI: Sui Southern Gas Company Limited (SSGC) has appointed Muhammad Amin Rajput as Managing Director and Chief...

Published 28 Feb, 2026 04:56am

Wafi Energy Pakistan posts Rs3.54bn profit

Business & Finance

Wafi Energy Pakistan posts Rs3.54bn profit

KARACHI: Wafi Energy Pakistan Limited (WEPL) reported a profit after tax of Rs3.54 billion for the year ended in...

Published 28 Feb, 2026 04:56am

Maritime safety & surveillance: PQA signs contract with NRTC for installation of VTMS

Business & Finance

Maritime safety & surveillance: PQA signs contract with NRTC for installation of VTMS

KARACHI: Port Qasim Authority (PQA) has signed a landmark contract with the National Radio & Telecommunication...

Published 28 Feb, 2026 04:56am

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%)
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%)
Mughal Energy / Jul 28 Mughal Energy Limited(GEM)(GEMMEL)	27.20 ▲ 2.47 (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%)
Sana Ind / Jul 28 Sana Industries Limited(SNAI)	36.51 ▼ -3.48 (-8.7%)
First IBL Mod. / Jul 28 First IBL Modaraba(FIBLM)	15.30 ▼ -1.37 (-8.22%)
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%)
JS Investments / Jul 28 JS Investments Limited(JSIL)	42.66 ▼ -3.01 (-6.59%)
First Punjab Modaraba / Jul 28 First Punjab Modaraba(FPJM)	10.40 ▼ -0.56 (-5.11%)
Paramount Spinning / Jul 28 Paramount Spinning Mills Limited(PASM)	10.47 ▼ -0.56 (-5.08%)

Stock	Volume
Cnergyico PK / Jul 28 Cnergyico PK Limited(CNERGY)	98,462,830 ▲ 0.44
WorldCall Telecom / Jul 28 Worldcall Telecom Limited(WTL)	45,724,516 ▼ -0.03
Pak Refinery / Jul 28 Pakistan Refinery Limited(PRL)	15,842,093 ▲ 4.19
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	15,483,802 ▼ -0.12
Ghani Chem. Ind. / Jul 28 Ghani Chemical Industries Limited(GCIL)	8,437,156 ▲ 1.01
Maple Leaf Cement / Jul 28 Maple Leaf Cement Factory Limited(MLCF)	7,262,757 ▲ 0.44
TPL Corp Ltd / Jul 28 TPL Corp Limited(TPL)	6,748,766 ▲ 0.35
Oilboy Energy / Jul 28 Oilboy Energy Limited(OBOY)	5,814,855 ▲ 1.67
K-Electric Ltd. / Jul 28 K-Electric Limited(KEL)	5,479,557 ▲ 0.03
Waves Corporation / Jul 28 Waves Corporation Limited(WAVES)	5,426,956 ▼ -0.01

Income tax calculator for FY 2026-27

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Key hydropower projects hit by cost escalation

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SBP should resist the temptation to blink

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Monetary policy today

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Power, gas sectors: PSO liquidity squeezed by rising receivables

Pakistan condemns comments of Indian defence minister on Kashmir dispute

Pakistan condemns comments of Indian defence minister on Kashmir dispute