News Archives for Business & Finance - 2026-04-03

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Business & Finance - 2026-04-03

South Asia

India’s Dabur forecasts fourth-quarter revenue growth in mid-single-digit percentage

The company says growth in its international business will be in low single digits due to the Middle East conflict

Published 03 Apr, 2026 07:29pm

Business & Finance

‘Startups must focus on solving real problems’

A good team culture is important in startups where everyone is heard and given value to the ideas, an industry official says

Published 03 Apr, 2026 06:42pm

Energy

Japanese-owned LNG tanker crosses the Strait of Hormuz

Crew members on the Panama-flagged ship, 'SOHAR LNG', remain safe,

Published 03 Apr, 2026 06:00pm

Stocks

UAE equities close mixed on fears of escalation in Middle East conflict

Dubai’s main share index dropped 0.5%

Published 03 Apr, 2026 04:46pm

Commodities

Palm closes at 15-month high, logs fifth straight weekly gain

Dalian’s most-active soyoil contract rose 0.53%

Published 03 Apr, 2026 04:00pm

Exchange

Rupee gains ground against US dollar

Settles at 279.10

Updated 03 Apr, 2026 09:47pm

Markets

Pakistan’s telecom operators deny role in bank transaction SMS charges

Operators say pricing is set by banks

Updated 03 Apr, 2026 08:36pm

Energy

Surplus Power Package boosts electricity demand, cuts costs for businesses, says govt

The government’s Surplus Power Package has led to a significant increase in electricity demand, with industrial and...

Published 03 Apr, 2026 02:46pm

Companies

Pakistan can-maker pushes ahead with $110mn Afghanistan plant despite border closure

Pakistan Aluminium Beverage Cans Limited (PABC) is moving forward with plans to establish a multi-million-dollar...

Published 03 Apr, 2026 02:12pm

Financial

Gold price per tola gains Rs3,400 in Pakistan

Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local...

Updated 03 Apr, 2026 06:52pm

Business & Finance

Record fuel price surge sparks widespread discontent in Pakistan

Pakistan recorded an unprecedented increase in fuel prices on Thursday, marking a critical point in the country’s...

Updated 03 Apr, 2026 12:23pm

Commodities

Aluminium slips on firmer dollar, but heads for biggest weekly gain in a month

The most-traded aluminium on the Shanghai Futures Exchange was down 0.66% at 24,690 yuan per metric ton

Published 03 Apr, 2026 11:37am

Markets

Tesla eyes Japan’s top imported-car spot as it expands store, service network

Expanded store and service centre coverage and investment in training over the past two years have helped drive Tesla's sales growth in Japan

Published 03 Apr, 2026 11:36am

Markets

UAE non-oil private sector growth slows to near four-year low in March, PMI shows

The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) fell to 52.9 in March from 55.0 in February

Published 03 Apr, 2026 11:34am

Markets

Microsoft to invest $10 billion in Japan for AI and cyber defence expansion

The investment includes the training of 1 million engineers and developers by 2030, Microsoft said

Published 03 Apr, 2026 11:32am

Stocks

China stocks fall, set for third weekly drop on Mideast jitters

Hong Kong market was closed for the Easter holiday

Published 03 Apr, 2026 11:30am

Energy

Vietnam refinery boosting jet fuel production

Binh Son said it has been operating the Kerosene Treating Unit (KTU) at 145% of design capacity since April 1

Published 03 Apr, 2026 11:26am

Commodities

Palm set for fifth weekly rise on lower stock hopes, biodiesel optimism

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 25 ringgit, or 0.52%, to 4,816 ringgit a metric ton

Published 03 Apr, 2026 11:17am

Markets

BOJ to raise rates with eye on Iran war fallout, central bank official says

While rising fuel costs from the conflict could hurt the economy by making Japan's terms of trade worse

Published 03 Apr, 2026 11:16am

Commodities

Iron ore heads for second weekly loss on high China stocks

The benchmark May iron ore on the Singapore Exchange was 1.16% lower at $105.15 a ton

Published 03 Apr, 2026 11:14am

Forex

Yuan firms as dollar steadies, eyes on US payrolls

The spot yuan opened at 6.8930 per dollar on Friday and was last trading 37 pips firmer than the previous late-session close

Published 03 Apr, 2026 11:10am

Mutual Funds

Benchmark JGB yields rise to 27-year high as war drives inflation fears

The benchmark 10-year JGB yield reached 2.395%, the highest since February 1999, before edging 0.5 basis point (bp) lower to 2.385%

Published 03 Apr, 2026 11:09am

Stocks

South Korean shares rise on easing Hormuz supply hopes; set for weekly fall

The benchmark KOSPI added 143.95 points, or 2.75%, to 5,378.00

Published 03 Apr, 2026 11:07am

Stocks

Japan’s Nikkei rallies on efforts to reopen critical oil shipping lane

The broader Topix climbed 1.12% to 3,652.13

Published 03 Apr, 2026 11:04am

Commodities

Pakistan, UAE focus on petroleum, food trade in fresh push

Pakistan and the United Arab Emirates have placed renewed focus on boosting trade in high-demand commodities such as...

Published 03 Apr, 2026 10:27am

Business & Finance

PTA grants NOC for Telenor Pakistan, PTML merger

Pakistan Telecommunication Authority (PTA) has issued a No Objection Certificate (NOC) for the consolidation and...

Published 03 Apr, 2026 10:00am

Commodities

Barrick slows Pakistan’s Reko Diq project amid heightened security risks

Barrick says it continues to believe in the long-term value of Reko Diq

Updated 03 Apr, 2026 06:51pm

Stocks

Selling continues as KSE-100 sheds over 1% amid negative cues

Benchmark index settles at 150,398.71

Updated 03 Apr, 2026 06:25pm

Industry

Haroon stresses coordinated efforts to resolve issues facing SMEs

LAHORE: Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, chaired a...

Published 03 Apr, 2026 09:18am

Agriculture and Allied

ME tensions: Agri economy, fertilizer supply chains disrupted

LAHORE: The ongoing geopolitical tensions in the Hormuz Strait and the partial disruption of maritime routes have...

Published 03 Apr, 2026 09:17am

Industry

Export-oriented textile sector: Concern over competitiveness emergency

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

Published 03 Apr, 2026 08:55am

Companies

IMC holds annual ‘Women’s Day Bazaar’

KARACHI: Reinforcing its commitment to women’s empowerment and inclusive community development, Indus Motor Company...

Published 03 Apr, 2026 08:54am

Industry

ME tensions affect Pak economy, says FPCCI leader

KARACHI: President of Pakistan Business Group (Sindh Region), Convener of FPCCI Energy Standing Committee, and Chief...

Published 03 Apr, 2026 08:52am

Companies

Mobilink Bank advances ESG-led transformation

ISLAMABAD: Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its...

Published 03 Apr, 2026 08:49am

Business & Finance

Global oil shock: Pakistan remains relatively stable compared to other economies: Ministry

KARACHI: A sharp and sustained surge in global oil prices driven by geopolitical tensions has triggered widespread...

Published 03 Apr, 2026 08:43am

Industry

PCDMA urges govt to improve port, transport infrastructure

KARACHI: Pakistan Chemicals & Dyes Merchants Association (PCDMA) Chairman Salim Valimuhammad has said that the...

Published 03 Apr, 2026 08:39am

Pakistan

Punjab launches ‘Endorsement Label’ to promote energy conservation

LAHORE: In line with the policy of Punjab government to transition towards green energy, the provincial energy...

Published 03 Apr, 2026 08:27am

Companies

Faysal Bank honoured with CSR awards

KARACHI: Faysal Bank Limited (FBL) has been honoured with prestigious awards in recognition of its outstanding...

Published 03 Apr, 2026 08:12am

Business & Finance

Work on new PPI preparation likely to be deferred till Oct

ISLAMABAD: Work on developing a new Producer Price Index (PPI) is likely to be deferred till October this year, a...

Published 03 Apr, 2026 07:55am

Taxes

FBR to tax non-resident social media account holders

ISLAMABAD: The Federal Board of Revenue (FBR) will impose tax on social media account holders outside Pakistan...

Published 03 Apr, 2026 07:53am

Pakistan

Islamabad Airport launches 5G

KARACHI: Islamabad International Airport has become the first airport in Pakistan to offer 5G services. According to...

Published 03 Apr, 2026 07:51am

Business & Finance

Aurangzeb, Baker discuss economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with the United...

Published 03 Apr, 2026 07:49am

Business & Finance

Jul-Feb foreign investment inflows decline 22pc YoY: minister

ISLAMABAD: Federal Minister for Investment Qaiser Ahmed Sheikh admitted that foreign investment inflows have...

Published 03 Apr, 2026 07:48am

Energy

TotalEnergies made massive profits off ME oil chaos

PARIS: TotalEnergies in March managed to buy almost all oil shipments that did not need to pass through the...

Published 03 Apr, 2026 07:29am

Business & Finance

Pakistan proposes signing FTA with UK

ISLAMABAD: Pakistan on Thursday proposed signing a Free Trade Agreement (FTA) with the United Kingdom (UK), terming...

Updated 03 Apr, 2026 09:19am

Business & Finance

Export and industry sectors: PTC urges SBP to ensure timely credit flow

ISLAMABAD: The Pakistan Textile Council (PTC) has urged the State Bank of Pakistan (SBP) to ensure adequate and...

Updated 03 Apr, 2026 08:53am

Companies

Glamora Films winds up Pakistan operations

KARACHI: Glamora Films has formally ceased its operations in Pakistan, dissolving its local partnership structure...

Published 03 Apr, 2026 06:08am

Business & Finance

Aurangzeb, PBC team discuss economic situation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday held a meeting with a...

Updated 03 Apr, 2026 08:54am

Business & Finance

March refinery throughput rises 13% year-on-year

ISLAMABAD: Pakistan’s oil refining sector played a pivotal role in averting a potential fuel supply crisis during...

Updated 03 Apr, 2026 09:56am

Business & Finance

Q2FY26 economy grows 3.89pc

ISLAMABAD: The National Accounts Committee (NAC) on Thursday approved the provisional GDP estimates for the first...

Published 03 Apr, 2026 06:08am

Business & Finance

Massive hike in prices of petrol, HSD announced

Petroleum Minister Ali Pervaiz Malik announces Rs 137.23 per litre increase in petrol price and Rs 184.49 per litre in HSD

Updated 03 Apr, 2026 02:46pm

Energy

US crude jumps over 11pc

HOUSTON: US oil prices settled more than 11% higher and Brent soared nearly 8 percent on Thursday in volatile...

Published 03 Apr, 2026 06:08am

Money & Banking

Fast-tracking corporate account opening: SECP inks MoUs with Askari Bank, NayaPay

ISLAMABAD: The Securities and Exchange Commission of Pakistan has signed Memoranda of Understanding (MoUs) with...

Published 03 Apr, 2026 06:08am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 24	278.07
USD PKR Interbank Buying / Jul 24	277.87
USD to Japanese Yen / Jul 24	163.83
USD to Swiss Franc / Jul 24	0.82
Pound Sterling to USD / Jul 24	1.33
Euro to USD / Jul 24	1.14
SOFR % / Jul 24	3.57

Stock	Volume
S&P 500 / Jul 24	7,411.98
India Sensex / Jul 24	76,059.77
Tokyo Nikkei / Jul 24	64,611.15
Nasdaq / Jul 24	24,975.82
Hang Seng / Jul 24	24,963.23
FTSE 100 / Jul 24	10,736.23
Dow Jones / Jul 24	51,947.25
Germany DAX 30 / Jul 24	25,099
France CAC40 / Jul 24	8,372.28

Item	Value
Crude Oil USD/Barrel / Jul 24	89.31
Karachi Cotton PKR/37.32 KG / Jul 24	18,680
Gold 10 Grams PKR / Jul 24	366,457
Gold Spot USD/Ounce / Jul 24	4,052.79
Cotton US¢/pound / Jul 24	79.98
Petrol/Litre / Jul 25	335.18
Diesel/Litre / Jul 25	383.46

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	6.38 ▲ 1 (18.59%)
First Punjab Modaraba / Jul 24 First Punjab Modaraba(FPJM)	10.44 ▲ 0.97 (10.24%)
First Fid. Leasing / Jul 24 First Fidelity Leasing Modaraba(FFLM)	14.92 ▲ 1.36 (10.03%)
First IBL Mod. / Jul 24 First IBL Modaraba(FIBLM)	15.15 ▲ 1.38 (10.02%)
Metro Steel / Jul 24 Metropolitan Steel Corporation Limited(MSCL)	22.41 ▲ 2.04 (10.01%)
UDL International / Jul 24 UDL International Limited(UDLI)	21.77 ▲ 1.98 (10.01%)
Asia Ins. / Jul 24 Asia Insurance Company Limited(ASIC)	54.95 ▲ 5 (10.01%)
Olympia Mills / Jul 24 Olympia Mills Limited(OML)	173.26 ▲ 15.75 (10%)
Fateh Sports / Jul 24 Fateh Sports Wear Limited(FSWL)	172.68 ▲ 15.7 (10%)
Ashfaq Textile / Jul 24 Ashfaq Textile Mills Limited(ASHT)	31.49 ▲ 2.86 (9.99%)

Stock	Price
Khairpur Sug. / Jul 24 Khairpur Sugar Mills Limited(KPUS)	1,105.08 ▼ -122.79 (-10%)
Shadman Cotton / Jul 24 Shadman Cotton Mills Limited(SHCM)	52.81 ▼ -5.84 (-9.96%)
Shams Textile / Jul 24 Shams Textile Mills Limited(STML)	53.26 ▼ -5.88 (-9.94%)
Power Cem(Pref) / Jul 24 Power Cement (Pref)(POWERPS)	23.51 ▼ -2.54 (-9.75%)
Janana De Malucho / Jul 24 Janana De Malucho Textile Mills Limited(JDMT)	139.77 ▼ -14.79 (-9.57%)
East West Ins. / Jul 24 East West Insurance Company Limited(EWIC)	48.10 ▼ -4.36 (-8.31%)
Elahi Cotton / Jul 24 Elahi Cotton Mills Limited(ELCM)	208.50 ▼ -18.84 (-8.29%)
J.A.Textile / Jul 24 J.A. Textile Mills Limited(JATM)	32.13 ▼ -2.85 (-8.15%)
Suhail Jute / Jul 24 Suhail Jute Mills Limited(SUHJ)	201.90 ▼ -17.58 (-8.01%)
Lotte Chemical / Jul 24 Lotte Chemical Pakistan Limited(LOTCHEM)	26.81 ▼ -2.31 (-7.93%)

Stock	Volume
Cnergyico PK / Jul 24 Cnergyico PK Limited(CNERGY)	59,327,773 ▲ 0.19
Trust Sec.& Brok. / Jul 24 Trust Securities & Brokerage Limited(TSBL)	36,977,902 ▲ 0
Kohinoor Spinning / Jul 24 Kohinoor Spinning Mills Limited(KOSM)	32,626,744 ▲ 0.51
Pak Refinery / Jul 24 Pakistan Refinery Limited(PRL)	24,565,429 ▲ 0.6
WorldCall Telecom / Jul 24 Worldcall Telecom Limited(WTL)	21,618,473 ▲ 0.01
B.O.Punjab / Jul 24 The Bank of Punjab(BOP)	20,591,638 ▼ -0.34
TPL Properties / Jul 24 TPL Properties Limited(TPLP)	19,232,151 ▼ -0.25
K-Electric Ltd. / Jul 24 K-Electric Limited(KEL)	18,140,027 ▲ 0.08
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	15,731,176 ▲ 1
Waves Home Appliances / Jul 24 Waves Home Appliances Limited(WAVESAPP)	13,338,005 ▲ 0.56

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