News Archives for Business & Finance - 2026-04-07

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Business & Finance - 2026-04-07

Money & Banking

Fed’s Williams says Middle East war will drive up inflation: Bloomberg

Federal Reserve Bank of New York President John Williams said on Tuesday the Middle East war energy shock will drive...

Published 07 Apr, 2026 11:10pm

Energy

Fuel prices could keep rising for months after Hormuz reopens, US EIA says

NEW YORK: Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy...

Published 07 Apr, 2026 11:05pm

Markets

India says IPO approvals valid for longer amid Middle East war

India mandates that companies must go public within 12- to-18 months of regulatory approval.

Published 07 Apr, 2026 09:54pm

Business & Finance

UK new car market posts strong March, but Middle East turmoil clouds outlook

Britain’s market for new cars posted its strongest March since 2019, but the outlook looks cloudy as most of the...

Published 07 Apr, 2026 09:48pm

Forex

Indian companies’ $3.7bn NDF hoard shows firms seized rupee arbitrage window

MUMBAI: Indian companies’ activity in the non-deliverable forwards (NDF) market surged to over $3.7 billion on March...

Published 07 Apr, 2026 08:12pm

Money & Banking

India’s RBI seen looking past muted overnight rates, avoid liquidity drain, bankers say

MUMBAI: India’s central bank is likely to allow overnight interbank rates to stay near the floor of the policy...

Published 07 Apr, 2026 08:11pm

South Asia

India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say

NEW DELHI: India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1,...

Published 07 Apr, 2026 07:10pm

Markets

Pakistan repaid $1.3bn Eurobond on schedule, says Khurram Schehzad

Country also meets $126.125mn in coupon obligations on other Eurobond issuances

Published 07 Apr, 2026 06:54pm

Exchange

Rupee gains ground against US dollar

Local currency settles at 279.06

Updated 07 Apr, 2026 09:45pm

Energy

Energy crisis may linger for months even after truce: Aurangzeb

Finance Minister Muhammad Aurangzeb on Tuesday warned that the global energy crisis may last months even after the...

Published 07 Apr, 2026 04:04pm

Business & Finance

Pakistan exports to Gulf hold strong as agri demand rises

PM says despite regional tensions, successful diplomacy has ensured the continued supply of Pakistani exports to Gulf countries

Published 07 Apr, 2026 03:36pm

Business & Economy

Unexpected repayment of $3.5 billion UAE loan puts pressure on Pakistani economy

A $1.3bn Eurobond maturing before the end of this fiscal adds to pressure on Pakistan's external position

Published 07 Apr, 2026 03:34pm

Technology

Itanz Technologies secures $2.1mn contracts

Itanz Technologies Limited (ITANZ) announced on Tuesday that it had signed two new contracts totaling $2.10 million....

Published 07 Apr, 2026 03:25pm

Companies

US hedge fund Pershing Square launches takeover bid for Universal Music

Pershing Square says its offer to Universal shareholders included 9.4 billion euros ($10.9 billion) in cash

Published 07 Apr, 2026 03:02pm

Markets

China’s forex reserves fall more than expected in March

The country’s foreign exchange reserves, the world’s largest, stood at $3.342 trillion last month

Published 07 Apr, 2026 02:55pm

Energy

Pakistan pushes indigenous energy generation as ADB pledges support

Pakistan’s power minister announced a strong push to increase the use of indigenous fuels for power generation,...

Published 07 Apr, 2026 02:50pm

Companies

Chery Master Pakistan lines off 1st Tiggo 8 PHEV CKD, gears up for deliveries ahead of schedule

Chery Master Pakistan has successfully rolled off the first unit of Tiggo 8 PHEV, marking one of the fastest...

Published 07 Apr, 2026 02:42pm

Business & Finance

PTM 2026: Travel Designer highlights Saudi Arabia as top destination for Pakistani tourists

Marking a significant milestone for the country’s tourism sector, the Managing Director of Travel Designer (Pvt.)...

Published 07 Apr, 2026 02:40pm

Commodities

Gold price per tola drops Rs3,000 in Pakistan

International rate of gold declines by $30 to reach $4,657 per ounce

Updated 07 Apr, 2026 06:31pm

Commodities

Iron ore gains as trade resumes in China; Trump’s deadline for Iran looms

Benchmark May iron ore on the Singapore Exchange was 0.25% higher at $106.9 a ton

Published 07 Apr, 2026 01:24pm

Stocks

Gulf stocks muted as Trump’s Iran deadline looms

Saudi Arabia’s benchmark index dropped 0.5%

Published 07 Apr, 2026 01:21pm

Business & Finance

PM orders full digitalisation of National Tariff Commission

Reviews meeting on ongoing reform measures to make the performance of the National Tariff Commission more effective and aligned with international standards

Published 07 Apr, 2026 01:04pm

Stocks

Australian shares close at 4-week high on short covering but Mideast concerns linger

The S&P/ASX 200 index advanced 1.7% to settle at 8,728.80 points

Published 07 Apr, 2026 01:00pm

Business & Finance

What options does Pakistan have to pay off $3.5bn UAE loan?

Total liquid foreign reserves held by the country stood at $21.8 billion as of 27 March 2026

Published 07 Apr, 2026 12:57pm

Stocks

Japan’s Nikkei ends flat in choppy trade as Middle East war weighs

Nikkei swung between gains and losses before closing 0.03% higher at 53,429.56

Published 07 Apr, 2026 12:57pm

Stocks

European shares muted as investors cautious ahead of Trump’s Iran deadline

The pan-European STOXX 600 index was up 0.1% at 597.24 points

Published 07 Apr, 2026 12:54pm

Commodities

Copper rises on strong demand prospects in China; Iran war caps gain

Benchmark three-month copper on the London Metal Exchange rose 0.55% to $12,428 a metric ton

Published 07 Apr, 2026 12:51pm

Forex

Dollar remains aloft as another Trump deadline looms

The market (is) long USD in case of further escalation, but stocks, gold and CNH trade well and put a lid on dollar gains

Published 07 Apr, 2026 12:49pm

Commodities

Japan rubber futures extend gains tracking oil, focus on Mideast developments

OSE rubber contract for September delivery was up 3 yen, or 0.76%, at 397.4 yen ($2.49) per kg

Published 07 Apr, 2026 12:46pm

Forex

South African rand weakens as Trump’s Iran deadline keeps markets on edge

JOHANNESBURG: The South African rand was weaker in early trade on Tuesday, as investors remained cautious ahead of a...

Published 07 Apr, 2026 12:43pm

Financial

Japan bonds climb as smooth 30-year auction calms market nerves

The 30-year JGB yield sank 2 basis points (bps) to 3.735%

Published 07 Apr, 2026 12:10pm

Commodities

Palm falls for second session on crude oil weakness

Dalian’s most-active soyoil contract rose 0.85%

Updated 07 Apr, 2026 03:40pm

Stocks

South Korea shares edge higher as Samsung Elec flags soaring earnings

Benchmark KOSPI rose 44.44 points, or 0.82%, to 5,494.77

Published 07 Apr, 2026 12:04pm

Business & Finance

GSK Pakistan appoints chairperson

Pharmaceutical giant GlaxoSmithKline Pakistan Limited announced on Tuesday the appointment of Dmytro Oliinyk, VP...

Published 07 Apr, 2026 11:59am

Stocks

China stocks steady amid Iran war uncertainty

Benchmark Shanghai Composite Index was flat by the lunch break, while the blue-chip CSI300 Index dipped 0.3%

Published 07 Apr, 2026 11:59am

Stocks

Record monthly outflows from India’s financials deepen market slide

Financials, banks, private lenders and state-owned banks fell 15.5%-20%

Published 07 Apr, 2026 11:54am

Financial

India plans sovereign guarantees on loans to businesses hit by Iran war, sources say

The government is planning sovereign guarantees for four years to banks that lend to businesses

Published 07 Apr, 2026 11:48am

Stocks

Indian shares inch higher led by pre-earnings rally in IT stocks; RBI decision eyed

Nifty 50 rose 0.68% to 23,123.65 and the Sensex added 0.69% to 74,616.58

Updated 07 Apr, 2026 03:27pm

Companies

PPL extends CEO Khalid Rehman’s tenure

Pakistan Petroleum Limited’s (PPL) board has approved an extension in the tenure of its Chief Executive Officer...

Published 07 Apr, 2026 11:44am

Forex

Indian rupee ends higher; traders eye Trump’s Iran deadline, RBI policy decision

Indian rupee closed up 0.1% at 93.0075 against the US dollar

Updated 07 Apr, 2026 03:43pm

Markets

EAEU pivots to Pakistan to deepen South Asia footprint

EAEU is an economic union of post-Soviet states established to promote free trade, economic integration

Published 07 Apr, 2026 10:28am

Commodities

Oil prices rise as Hormuz stays shut ahead of Trump deadline, strikes on Iran intensify

Brent crude futures were up $1.39, or 1.27%, at $111.16 a barrel by 1209 GMT

Updated 07 Apr, 2026 05:47pm

Stocks

KSE-100 Index adds 466 points after volatile session

Benchmark index settles at 151,673.45

Updated 07 Apr, 2026 06:12pm

Business & Finance

Sindh Bank posts record pre-tax profit of Rs6.37bn

KARACHI: The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended...

Published 07 Apr, 2026 02:22am

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	331.52
Diesel/Litre / Jul 25	378.66

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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