News Archives for Business & Finance - 2026-04-13

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Business & Finance - 2026-04-13

Pakistan

President Zardari briefed on progress of Pakistan-China MoUs, emphasizes timely implementation

Stresses that these agreements must lead to tangible outcomes

Published 13 Apr, 2026 11:49pm

Markets

Pakistan car sales jump 45% in July-March FY26

Tractor sales continue to decline

Published 13 Apr, 2026 10:52pm

Business & Finance

Aurangzeb discusses private sector investment, capital market development with IFC

Finance Minister addresses economic challenges posed by Mideast war

Published 13 Apr, 2026 09:59pm

Business & Finance

FM Aurangzeb discusses reform agenda, social protection with World Bank’s director

Both parties review current economic situation of Pakistan following Mideast war

Updated 13 Apr, 2026 10:31pm

Stocks

Gulf markets mixed as US-Iran peace talks fail

Dubai’s main share index reversed earlier losses to close 0.8% higher

Published 13 Apr, 2026 09:26pm

Markets

Two Pakistan Customs officials held for swapping silver with lead

Pakistan Customs arrested its two preventive officers namely, Arif Ali Jumani and Samiullah Achakzai on the charges...

Published 13 Apr, 2026 08:39pm

Markets

Electric bikes gain traction in Pakistan amid rising fuel prices

Soaring fuel prices in the wake of the Iran war have triggered a surge in demand for electric scooters and...

Updated 14 Apr, 2026 02:26pm

Markets

ICICI Prudential AMC quarterly profit jumps on strong domestic inflows

Inflows into Indian equity mutual funds rose 56% to an eight-month high in March

Published 13 Apr, 2026 06:23pm

Financial

India bonds trim losses as soft CPI spurs value buying

Yield on the benchmark 6.48% 2035 bond ended the session at 6.9395%

Published 13 Apr, 2026 06:17pm

Markets

SECP registers 2,993 new companies in March 2026

This marks 11% increase compared to the same month last year

Published 13 Apr, 2026 05:52pm

Money & Banking

Fitch Ratings affirms Pakistan’s long-term debt ratings at B-, outlook stable

Says Pakistan’s ceasefire diplomacy could yield strategic gains amid external pressures

Published 13 Apr, 2026 04:44pm

Commodities

Aluminium lurches to four-year high on renewed supply fears from Iran war

Benchmark three-month aluminium on the London Metal Exchange gained 1.7% to $3,558 a metric ton

Published 13 Apr, 2026 04:31pm

Money & Banking

Pakistan in talks with China, KSA to repay UAE loan: report

Pakistan is in talks with Saudi Arabia and China to repay a loan of about $3 billion to the United Arab Emirates...

Published 13 Apr, 2026 04:23pm

Commodities

Palm rises as Middle East tensions spark buying interest

Dalian’s most-active soyoil contract nudged 0.39% lower

Published 13 Apr, 2026 04:14pm

Stocks

Indian shares slide as US to blockade Iran ports after failed peace talks

Nifty 50 fell 0.86% to 23,842.65 and the Sensex slid 0.91% to 76,847.57

Published 13 Apr, 2026 04:11pm

Forex

Indian rupee falls most in two weeks as oil spikes on US move to blockade Iran ports

The Indian rupee closed at 93.3750 per U.S. dollar

Published 13 Apr, 2026 04:09pm

Markets

India’s inflation quickens to 3.4% in March; Mideast war risks loom

Annual inflation stayed below the central bank’s target of 4% and within its tolerance band of 2%-6%

Published 13 Apr, 2026 04:05pm

Exchange

Rupee gains ground against US dollar

Local currency settles at 279.00

Updated 13 Apr, 2026 09:12pm

Markets

Volkswagen deliveries down at start of year, weighed by China woes

Deliveries fell by 15% in China in the first quarter, the company said in a statement on Monday

Published 13 Apr, 2026 02:34pm

Stocks

European shares dip as investors assess Middle East setback

The pan-European index was down 0.7% at 610.52 points

Published 13 Apr, 2026 02:32pm

Business & Finance

Aurangzeb arrives in Washington for World Bank-IMF Spring Meetings 2026

Finance Minister Muhammad Aurangzeb arrived in Washington on Monday for the World Bank-IMF Spring Meetings 2026....

Published 13 Apr, 2026 01:57pm

Energy

Germany to cut tax on fuel for two months amid Iran war energy shock: Merz

Chancellor Friedrich Merz said Monday that Germany would cut petrol and diesel taxes for two months

Published 13 Apr, 2026 01:19pm

Commodities

Gold price per tola drops by Rs1,600 in Pakistan

International rate of gold declines by $16 to reach $4,730 per ounce

Updated 13 Apr, 2026 06:31pm

Mutual Funds

Philippines awards $540mn T-bill at auction

Tenders total 99.42 billion pesos

Published 13 Apr, 2026 11:37am

Markets

Saudi oil sales to China to halve next month, Bloomberg News reports

Saudi Aramco is set to ship about 20 million barrels of oil to its customers in China for May

Published 13 Apr, 2026 11:33am

Stocks

Japan’s Nikkei falls as US-Iran peace talks falter

The broader Topix slid 0.5% in choppy trading to 3,721.78

Published 13 Apr, 2026 11:25am

Commodities

Palm rises as oil rallies on US-Iran stalemate, Chicago soy firms

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 40 ringgit, or 0.88%, to 4,578 ringgit a metric ton

Published 13 Apr, 2026 11:12am

Stocks

South Korean shares fall after US and Iran fail to reach deal

South Korean shares fell on Monday, after the US and Iran failed to reach a deal to end the war over the weekend

Published 13 Apr, 2026 11:10am

Forex

Chinese yuan pressured by safe-haven dollar as US-Iran peace talks break down

The yuan weakened as far as 6.8380 against the US dollar, before last trading 0.05% weaker on the day at 6.8340

Published 13 Apr, 2026 11:06am

Commodities

Iron ore inches higher after six-day slide

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.4% to 757 yuan ($110.79) a metric ton

Published 13 Apr, 2026 11:05am

Markets

Govt mulls reducing dairy GST to 10% on minister’s directive

Federal Minister for Commerce Jam Kamal Khan has directed authorities to prepare a proposal to reduce the general...

Updated 13 Apr, 2026 12:23pm

Stocks

China, Hong Kong shares drop as US-Iran peace talks collapse, blockade looms

Hong Kong benchmark Hang Seng lost 1.2% to 25,587.26

Published 13 Apr, 2026 10:49am

Stocks

Shield Corp to buy back minority shares at Rs750

Shield Corporation Limited (SCL), a Pakistani manufacturer of baby care and hygiene products, have proposed...

Published 13 Apr, 2026 10:41am

Commodities

Wheat rises nearly 2% as US prepares to blockade Strait of Hormuz

wheat futures rose on Monday, supported by higher oil prices after US-Iran talks collapsed

Published 13 Apr, 2026 10:35am

Forex

Hungarian forint jumps after Orban’s election defeat

The forint rose roughly 2% to 367.81 per euro in thin Asian trade and gained about 1.6% to 315 per dollar

Published 13 Apr, 2026 10:16am

Mutual Funds

India bonds to slip as US-Iran talks collapse, oil leaps

India's benchmark 6.48% 2035 bond yield is expected to drift in a 6.93%-6.97% range

Published 13 Apr, 2026 10:12am

Forex

Australia, NZ dollars fall as US-Iran peace talks fail

The Aussie hit an intraday low of $0.6979 before recouping some losses to be last down 0.5% at $0.7035

Published 13 Apr, 2026 10:10am

Markets

PSO appoints ex-Shell veteran Jawwad Cheema as CEO

Pakistan State Oil Company Limited (PSO) has announced the appointment of Jawwad Ahmed Cheema as its new Chief...

Published 13 Apr, 2026 10:09am

Stocks

Australian shares fall as US-Iran peace talks collapse

The S&P/ASX 200 index declined 0.4% to 8,925.60

Published 13 Apr, 2026 10:08am

Stocks

KSE-100 sheds nearly 4% as US-Iran peace talks collapse

Benchmark index settles at 160,591.33

Updated 13 Apr, 2026 05:51pm

Stocks

Indian shares seen declining as oil rises after US-Iran talks collapse

GIFT Nifty futures were trading at 23,756.5

Published 13 Apr, 2026 08:19am

Forex

Indian rupee relief rally to stall as oil soars on US-Iran talks collapse

The rupee is expected to open at 93.10-93.20 to the U.S. dollar, having settled at 92.7275 on Friday

Published 13 Apr, 2026 08:15am

Stocks

Dollar and oil rise as US-Iran peace talks collapse

Japan's Nikkei fell 0.4%, South Korea's KOSPI slumped 1.4% and the S&P/ASX 200 slipped 0.6%

Published 13 Apr, 2026 08:03am

Energy

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

Brent futures were up $5.76, or 6.1%, to $100.96 a barrel
US WTI crude rose $5.69, or 5.9%, to $102.26

Updated 13 Apr, 2026 09:33pm

Forex

Dollar jumps as failed US/Iran peace talks spark fresh safe-haven push

The euro was down 0.3% at $1.1684, while the British pound fell 0.5% to $1.3398

Updated 13 Apr, 2026 10:06am

Middle East

ADNOC CEO says strait not Iran’s to control

ABU DHABI: The Strait of Hormuz has never been Iran’s to close or restrict the navigation through, the CEO of United...

Published 13 Apr, 2026 07:24am

Industry

ICCI calls for ease in business hours in Islamabad

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has urged the district administration Islamabad to...

Published 13 Apr, 2026 05:59am

Commodities

Prices of kitchen items remain high despite reduction in fuel rates

PESHAWAR: Prices of daily use kitchen items, including live chicken/meat, vegetable, flour, cooking oil/ghee, sugar,...

Published 13 Apr, 2026 05:59am

Business & Finance

CC RTO Peshawar vows to help solve problems facing businessmen

PESHAWAR: Chief Commissioner Regional Tax Office, Peshawar, Federal Board of Revenue Muhammad Taqi Qureshi has...

Published 13 Apr, 2026 05:59am

Business & Finance

KP food authority, KPITB ink MoU

PESHAWAR: Under the Khyber Pakhtunkhwa government initiative for good governance and transparency, the KP Food...

Published 13 Apr, 2026 05:59am

Industry

HCSTSI concerned at ‘unbalanced’ policymaking in Sindh

HYDERABAD: Muhammad Saleem Memon, President Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), has...

Published 13 Apr, 2026 05:59am

Industry

Sindh governor meets FCCI delegation

KARACHI: Sindh Governor Syed Muhammad Nihal Hashmi met a delegation from the Faisalabad Chamber of Commerce and...

Published 13 Apr, 2026 05:59am

Business & Finance

Iran-Pakistan gas pipeline project: Diplomatic engagement rekindles hopes: BP

LAHORE: Recent diplomatic engagement between Iran and the United States has rekindled hopes for the long-stalled...

Updated 13 Apr, 2026 06:38am

Industry

‘Sustainable industrial growth needs inclusive policymaking’

LAHORE: Punjab Governor Sardar Saleem Haider Khan has underscored that sustainable industrial growth can only be...

Published 13 Apr, 2026 05:59am

Industry

HSATI slams decision to suspend gas to industries for 24 hours

HYDERABAD: Hyderabad SITE Association of Trade and Industry (HSATI) Chairman Zubair Ghangra has expressed strong...

Published 13 Apr, 2026 05:59am

Taxes

Jul-Mar Sales Tax on services in KP posts 21pc growth YoY

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved a 21 percent growth in Sales Tax on Services...

Updated 13 Apr, 2026 06:21am

Business & Finance

Pak envoy to China stresses cooperation in multiple sectors

ISLAMABAD: Pakistan’s Ambassador to China Khalil Hashmi has pitched expanded Pakistan–China cooperation in digital...

Published 13 Apr, 2026 05:59am

Business & Finance

Textile recycling industry: Widespread labour rights violations found: study

LAHORE: Widespread labour rights violations have been found in the textile recycling industry, which is being...

Published 13 Apr, 2026 05:59am

Industry

Made in Gujranwala Expo: Smeda facilitates microenterprises

LAHORE: Following the successful execution of the inaugural Made in Pakistan SME Expo Showcase 2026 in Lahore, the...

Published 13 Apr, 2026 05:59am

Business & Finance

UK regulators rush to assess risks of latest Anthropic AI model: FT

LONDON: British financial regulators are holding urgent talks with the government’s cyber security agency and major...

Published 13 Apr, 2026 05:59am

Middle East

East-West oil pipeline: KSA restores full capacity to 7m bpd after attacks

CAIRO: Saudi Arabia has restored full oil pumping capacity through the East-West pipeline to about seven million...

Published 13 Apr, 2026 05:59am

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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