News Archives for Business & Finance - 2026-04-20

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Business & Finance - 2026-04-20

Stocks

S&P 500, Nasdaq retreat as mounting US-Iran tensions dampen sentiment

Dow Jones Industrial Average rose 11.67 points

Published 20 Apr, 2026 07:34pm

Business & Finance

Pakistan upsizes Eurobond to $750mn after ‘strong investor demand’

Bond was initially issued at $500mn

Updated 20 Apr, 2026 11:30pm

South Asia

India’s GIFT City finance hub grants first family office permit

Some wealthy Asians are seeking alternatives to Dubai due to geopolitical tensions in the Gulf

Published 20 Apr, 2026 06:23pm

South Asia

India seizes suspected fake Mounjaro pens, says raw materials sourced from Alibaba

Mounjaro—approved for diabetes and weight loss in India

Published 20 Apr, 2026 06:17pm

Financial

India bonds edge up in choppy session as traders weigh truce prospects

The yield on India’s benchmark 6.48% 2035 bond settled at 6.8901%

Published 20 Apr, 2026 06:11pm

Commodities

Palm ends higher on crude oil and rival edible oils

Dalian's most-active soyoil contract edged up 0.17%

Published 20 Apr, 2026 05:30pm

Stocks

Indian shares end little changed ahead of Mideast ceasefire deadline

Nifty 50 rose 0.05% to 24,364.85, and the Sensex advanced 0.03% to 78,520.3

Published 20 Apr, 2026 05:23pm

Companies

India expands Russian marine insurance options

Insurance is essential for maritime transport, particularly oil cargoes

Published 20 Apr, 2026 05:18pm

South Asia

India arrests officials at aviation regulator, Reliance in drone bribery probe

Ambani’s Jio Platforms is gearing up to file papers seeking regulatory approvals for a Mumbai listing

Published 20 Apr, 2026 05:01pm

Exchange

Rupee gains ground against US dollar

Currency settles at 278.91 against greenback

Updated 20 Apr, 2026 08:45pm

Markets

Apple withholds data in India antitrust case, watchdog sets final hearing

CCI typically requires financial information from companies to calculate penalties

Published 20 Apr, 2026 04:00pm

Markets

India central bank partially withdraws restrictions on certain Indian rupee trades

Authorized dealers could not enter into FX derivative contracts involving INR with their related parties

Published 20 Apr, 2026 03:55pm

Forex

Indian rupee falls most in a week as traders brace for US-Iran ceasefire expiry

Indian rupee declined to 93.1275 against the dollar, 0.2%

Published 20 Apr, 2026 03:50pm

Forex

Sterling dips as US-Iran peace talks falter

The pound was last down 0.1% at $1.3503 as the dollar rose

Published 20 Apr, 2026 02:19pm

Bullion Rate

Gold price per tola drops by Rs4,900 per tola in Pakistan

International rate of gold declines by $49 to reach $4,788 per ounce

Updated 20 Apr, 2026 06:33pm

Business & Finance

IFC to guide 10mn single-phase smart meter rollout in Pakistan

The Ministry of Energy (Power Division) signs a Transaction Advisory Services Agreement (TASA) with the International Finance Corporation

Published 20 Apr, 2026 01:15pm

Mutual Funds

Euro zone yields rise on US-Iran ceasefire worries

Germany’s 10-year bond yield, the benchmark for the euro zone, rose 3 basis points to 2.99%

Published 20 Apr, 2026 12:49pm

Stocks

European shares set to open lower as hopes for US-Iran peace fade

Futures tracking the STOXX 600 index slid nearly 1.5%

Published 20 Apr, 2026 12:48pm

Stocks

Middle Eastern bourses fall on renewed US-Iran tensions

Dubai’s main share index retreated 2.1%
Saudi Arabia’s benchmark index closed 0.9% lower

Updated 20 Apr, 2026 07:00pm

Markets

Pakistan could cut fuel cost to Rs30 per litre via EV shift: Atif Mian

Pakistan could cut the effective cost of fuel to around Rs30 per litre equivalent by switching to electric vehicles...

Published 20 Apr, 2026 12:22pm

Companies

Ethiopian Airlines eyes direct flights to Lahore to boost trade

Ethiopian Airlines, a prominent aviation group in Africa, is planning to launch direct flights to Lahore, a move...

Published 20 Apr, 2026 11:58am

Forex

Thai baht/US dollar weaker on Monday

The baht was 0.41% lower at 32.03 versus the dollar, after trading in a range of 32.000 to 32.130

Published 20 Apr, 2026 11:57am

Mutual Funds

Japanese government bonds rally ahead of BOJ inflation report

The benchmark 10-year JGB yield, which last week touched a 29-year high of 2.49%, fell 2 basis points (bps) to 2.4%

Published 20 Apr, 2026 11:51am

Commodities

Wheat rises again on adverse US weather, Iran tension

Corn futures rose, while soybeans were little changed.

Published 20 Apr, 2026 11:49am

Stocks

Australia shares fall as US-Iran peace deal hopes wane; NAB drags

The S&P/ASX 200 index fell 0.4% to 8,912.6

Published 20 Apr, 2026 11:38am

Forex

Australia, NZ dollars retreat from multi-week peaks on peace deal doubts

The Aussie fell as low as $0.7115 before trimming losses to be down 0.2% at $0.7150

Published 20 Apr, 2026 11:37am

Commodities

China’s US soybean imports recover in March but lag year-earlier levels

Imports from Brazil climbed in March but fell short of expectations due to tighter inspections

Published 20 Apr, 2026 11:36am

Commodities

Palm tracks crude oil and Chicago soyoil higher

Palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 20 ringgit, or 0.45%, to 4,470 ringgit a metric ton

Published 20 Apr, 2026 11:18am

Forex

China’s yuan steady against dollar amid Iran ceasefire uncertainty

The onshore yuan changed hands at 6.8191 per dollar around midday, barely changed from the previous session's close

Published 20 Apr, 2026 11:13am

Markets

Malaysia’s March exports rise 8.3% on year, below forecast

Malaysia recorded a trade surplus of 24.6 billion ringgit ($6.23 billion) in March

Published 20 Apr, 2026 11:12am

Technology

Huawei signs deal with Vietnamese bank SHB to expand Vietnam footprint

Under the agreement, Huawei will support SHB in designing technology architectures and building data platforms

Published 20 Apr, 2026 11:11am

Commodities

Shanghai copper gains on strong China demand, investors assess Mideast truce

The benchmark three-month copper on the London Metal Exchange, nudged 0.07% lower to $13,338 a ton

Published 20 Apr, 2026 11:09am

Markets

China’s exports to North Korea drop 16.4% in March

On a month-on-month basis, exports rose 24.2% in March to $170.6 million

Published 20 Apr, 2026 11:07am

Mutual Funds

Oil rebound drags India bonds lower, focus shifts to US-Iran ceasefire outlook

The yield on India's benchmark 6.48% 2035 bond was at 6.9101%

Published 20 Apr, 2026 11:06am

Energy

Increase in renewable energy curbs emissions growth in 2025, IEA says

This was led by the US, which relied more heavily on coal-generated electricity amid high gas prices

Published 20 Apr, 2026 11:04am

Energy

China fuel oil exports rebound to three-month high in March, imports weaken

China's fuel oil imports for March dropped 9% month-on-month to 2.43 million tons in March

Published 20 Apr, 2026 11:01am

Stocks

China stocks at one-month high after central bank holds rates, new market rules

The blue-chip CSI300 Index rose 0.5% by the lunch break

Published 20 Apr, 2026 10:59am

Mutual Funds

Philippines awards $678mn worth of T-bills

Tenders total 127.3 billion pesos BTr awards 16.8 billion pesos of 91-day T-bills at avg rate of 4.542%

Published 20 Apr, 2026 10:57am

Stocks

South Korean shares hit over 7-week high on chip, battery boost

South Korean shares rose more than 1% on Monday to hit their highest level in more than seven weeks

Published 20 Apr, 2026 10:56am

Commodities

Iron ore firms on inventory destocking, steady hot metal output

The most-traded September iron ore contract on China's Dalian Commodity Exchangetraded 0.58% higher at 782 yuan a metric ton

Published 20 Apr, 2026 10:54am

Markets

UniCredit says to outline details for ‘Commerzbank transformation’ on Monday

UniCredit said in a statement Chief Executive Andrea Orcel would hold a conference call al 0900 CET (0700 GMT) on Monday

Published 20 Apr, 2026 10:52am

Stocks

Sentiments drive trading at bourse, KSE-100 settles 1% lower

Benchmark index settles at 172,196.70

Updated 20 Apr, 2026 06:05pm

Energy

Strait of Hormuz closure: Pakistan faces LNG crunch as three cargoes stuck in Persian Gulf

At least three Liquefied Natural Gas (LNG) cargoes destined for Pakistan are currently stranded in the Persian Gulf,...

Updated 20 Apr, 2026 07:11pm

Stocks

Indian shares set to open higher after strong quarterly results from HDFC Bank, ICICI

GIFT Nifty futures were trading at 24,469.50

Published 20 Apr, 2026 07:43am

Energy

Oil prices rise 5% on fears of US-Iran ceasefire collapse

Brent crude futures advanced $4.37, or 4.8%, to $94.75 a barrel
US WTI was up $4.76, or 5.7%, at $88.61

Updated 20 Apr, 2026 05:35pm

Forex

Dollar hits one-week high as Middle East tensions reignite

The euro slipped 0.14% to $1.1746 and sterling fell 0.29% to $1.3479
Brent ⁠crude futures jumped 7% to $96.8 a barrel

Updated 20 Apr, 2026 10:25am

Forex

Oil price plunge on US-Iran peace hopes to give Indian rupee, bonds some breather

Amid the uncertainty, traders expect the rupee to to be rangebound this week after closing at 92.9250 against the dollar on Friday

Published 20 Apr, 2026 07:32am

Bullion Rate

Gold falls on stronger dollar amid renewed US-Iran tensions

Spot gold was down 0.4% at $4,809.71 per ounce
US gold futures for June delivery fell 1% to $4,829.40

Updated 20 Apr, 2026 10:24am

Stocks

Oil jumps, stocks wobble as Mideast ceasefire hangs in the balance

Asia-Pacific markets were mixed, with Australia’s S&P/ASX 200 down 0.5% and Japan’s benchmark Nikkei up 0.7%

Published 20 Apr, 2026 05:29am

Companies

Nimir Group launches ‘Nimbess’ Lithium Battery

LAHORE: The Nimir Group of Companies, a titan of Pakistan’s industrial and chemical landscape for over sixty years,...

Published 20 Apr, 2026 05:29am

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 27	335.18
Diesel/Litre / Jul 27	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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