News Archives for Business & Finance - 2026-04-25

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Business & Finance - 2026-04-25

Markets

Pakistan imported 50 gigawatt solar panels worth $18bn in five years: study

Boom in renewable energy has protected seven million households and many big businesses against energy price shocks and geopolitical risk, think tank Renewables First says

Updated 25 Apr, 2026 10:17pm

Money & Banking

India's Axis Bank misses profit forecast on lower trading income, approves $2bn equity fundraise

India’s Axis Bank reported a marginal drop in fourth-quarter profit on Saturday, hurt by lower income from treasury...

Published 25 Apr, 2026 07:56pm

Business & Finance

FPCCI announces new national committees to expand global engagements

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) announced on Saturday the formation of national...

Published 25 Apr, 2026 01:42pm

Commodities

Gold per tola gains Rs2,300 in Pakistan

10-gram gold sold at Rs422,806

Published 25 Apr, 2026 01:31pm

Companies

Engine maker Horse plans India move to supply growing small car market, CEO says

Modi’s government slashed India’s federal sales tax on small cars to 18% from 28% in September

Published 25 Apr, 2026 12:28pm

Energy

Crown to set up lithium battery plant in Karachi

Pakistan’s move towards clean energy and electric mobility is set to accelerate as Crown Group prepares to launch a...

Updated 25 Apr, 2026 11:40pm

Money & Banking

Quarter ended Mar 31st: Bank Alfalah posts Rs11.13bn PAT

KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 23, 2026, approved the...

Published 25 Apr, 2026 07:12am

Pakistan

Nehal, KPT chairman discuss planning to expand ‘blue economy’

KARACHI: Karachi Port Trust (KPT) Chairman Rear Admiral Shahid Ahmed on Friday called on Sindh Governor Syed...

Published 25 Apr, 2026 07:01am

Business & Finance

Pakistan completes USD3.45bn UAE deposit repayment

KARACHI: The government of Pakistan has successfully repaid a deposit of USD 1 billion to the Abu Dhabi Fund for...

Published 25 Apr, 2026 06:55am

Energy

Petrol, diesel prices hiked

ISLAMABAD: Federal government Friday announced a massive hike in fuel prices, raising both petrol and high-speed...

Published 25 Apr, 2026 05:54am

Business & Finance

GDP growth may dip to 2.5-3pc: Pasha

ISLAMABAD: Pakistan’s GDP growth is projected to slow to 2.5 to 3 percent in current fiscal year 2025-26,...

Updated 25 Apr, 2026 09:18am

Energy

Oil prices end volatile session mixed but up sharply

NEW YORK/LONDON: Oil prices whipsawed in volatile trade on Friday, but were higher on the week, as traders weighed...

Published 25 Apr, 2026 05:54am

USA

US extends shipping waiver to aid energy supply

WASHINGTON, United States: President Donald Trump’s administration said Friday that he has issued a 90-day extension...

Published 25 Apr, 2026 05:54am

Business & Finance

Sindh govt speeds up business approvals thru digital one-window platform

KARACHI: The Sindh government has significantly sped up business approvals through its digital one-window platform,...

Published 25 Apr, 2026 05:54am

Business & Finance

JP Morgan downgrades India equities to ‘neutral’

BENGALURU: J.P. Morgan downgraded Indian equities to “neutral” from “overweight,” citing elevated valuations...

Published 25 Apr, 2026 05:54am

Industry

JAK Delivery launched at LCCI

LAHORE: Pakistan’s e-commerce landscape marked a significant development as JAK Delivery, a global logistics...

Published 25 Apr, 2026 05:54am

Business & Finance

Smeda, PIFD sign MoU to support women entrepreneurs

LAHORE: The government of Pakistan has taken a significant step toward empowering women entrepreneurs and...

Published 25 Apr, 2026 05:54am

Business & Finance

Foreign investors eye partnerships at Chemical Forum Expo

LAHORE: The second day of the Pakistan Chemical Forum Expo 2026 at the Expo Centre Lahore proved to be a landmark...

Published 25 Apr, 2026 05:54am

Business & Finance

Undocumented procurement of cigarette raw material causing huge losses

LAHORE: The undocumented procurement of acetate tow, a critical raw material used in cigarette manufacturing, has...

Published 25 Apr, 2026 05:54am

Business & Finance

CEO CBD reviews strategic projects

LAHORE: The Chief Executive Officer of the Punjab Central Business District Development Authority (PCBDDA), also...

Published 25 Apr, 2026 05:54am

Business & Finance

NGC holds first workshop on transmission infrastructure issues

LAHORE: The National Grid Company of Pakistan (NGC) held its first-ever workshop on right-of-way (ROW) issues in...

Published 25 Apr, 2026 05:54am

Business & Finance

Survey finds gaps in corporate cybersecurity policies

ISLAMABAD: A survey conducted by a leading cybersecurity company Friday revealed gaps in corporate cybersecurity...

Published 25 Apr, 2026 05:54am

Money & Banking

Meezan Bank posts Rs23.4bn PAT for Q1CY26

KARACHI: Meezan Bank has reported quarterly profit after tax of Rs 23.4 billion in the first quarter of this year...

Published 25 Apr, 2026 05:54am

Business & Finance

Cold chain development: Ahsan directs authorities to prepare concrete proposals within five days

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed the authorities...

Published 25 Apr, 2026 05:54am

Business & Finance

Pak textile sector shows outstanding performance at Techtextil & Texprocess exhibitions

KARACHI: Pakistan’s textile sector demonstrated outstanding performance at the Techtextil and Texprocess 2026...

Published 25 Apr, 2026 05:54am

Business & Finance

Import values of Glass Tubing used to make Glass Ampoules revised

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised the customs values of Glass Tubing...

Published 25 Apr, 2026 05:54am

Business & Finance

ABHI Microfinance Bank, Dastak Logistics to launch lending services for SMEs

KARACHI: ABHI Microfinance Bank Ltd has entered into a strategic partnership with Dastak Logistics (Private) Limited...

Published 25 Apr, 2026 05:54am

Business & Finance

FPCCI to present ‘shadow budget’ next week

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 25 Apr, 2026 05:54am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 8	277.21
USD PKR Interbank Buying / Oct 8	277.01
USD to Japanese Yen / Oct 9	158.23
USD to Swiss Franc / Oct 9	0.83
Pound Sterling to USD / Oct 9	1.32
Euro to USD / Oct 9	1.12
SOFR % / Oct 7	3.88

Stock	Volume
S&P 500 / Oct 8	7,765.36
Nasdaq / Oct 8	27,193.34
Dow Jones / Oct 8	51,231.64
India Sensex / Oct 9	72,325.92
Tokyo Nikkei / Oct 9	68,512.30
Hang Seng / Oct 9	24,111.88
FTSE 100 / Oct 9	10,523.83
Germany DAX 30 / Oct 9	25,056.57
France CAC40 / Oct 9	7,797.99

Item	Value
Crude Oil USD/Barrel / Oct 8	91.16
Cotton US¢/pound / Oct 8	79.94
Petrol/Litre / Oct 9	398.96
Karachi Cotton PKR/37.32 KG / Oct 9	18,680
Gold 10 Grams PKR / Oct 9	378,031
Gold Spot USD/Ounce / Oct 9	4,175.87
Diesel/Litre / Oct 9	395.72

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Oct 9 Unicap Modaraba(UCAPM)	6.98 ▲ 1 (16.72%)
ARM Green Industries / Oct 9 ARM Green Industries Limited(ARMG)	55.19 ▲ 5.02 (10.01%)
B. F. Modaraba / Oct 9 B.F. Modaraba(BFMOD)	21.43 ▲ 1.95 (10.01%)
Sitara Peroxide / Oct 9 Sitara Peroxide Limited(SPL)	50.89 ▲ 4.63 (10.01%)
Aisha Steel (CPS) / Oct 9 Aisha Steel Mills Limited (CPS)(ASLCPS)	84.62 ▲ 7.69 (10%)
Data Agro / Oct 9 Data Agro Limited(DAAG)	111.99 ▲ 10.18 (10%)
F.Credit & Inv / Oct 9 First Credit and Investment Bank Limited(FCIBL)	40.37 ▲ 3.67 (10%)
Fateh Ind. / Oct 9 Fateh Industries Limited(FIL)	317.22 ▲ 28.84 (10%)
Kohat Textile / Oct 9 Kohat Textile Mills Limited(KOHTM)	93.29 ▲ 8.48 (10%)
Kohinoor Ind. / Oct 9 Kohinoor Industries Limited(KOIL)	37.41 ▲ 3.4 (10%)

Stock	Price
Asim Textile / Oct 9 Asim Textile Mills Limited(ASTM)	66.20 ▼ -7.35 (-9.99%)
Pak Gulf Leasing / Oct 9 Pak-Gulf Leasing Company Limited(PGLC)	14.45 ▼ -1.6 (-9.97%)
Asia Ins. / Oct 9 Asia Insurance Company Limited(ASIC)	32.26 ▼ -3.4 (-9.53%)
Reliance Weaving / Oct 9 Reliance Weaving Mills Limited(REWM)	157.10 ▼ -14.44 (-8.42%)
Azgard Nine (Non-Voti) / Oct 9 Azgard Nine (Non-Voti)(ANLNV)	7 ▼ -0.63 (-8.26%)
Crescent Fib. / Oct 9 Crescent Fibres Limited(CFL)	51 ▼ -4.26 (-7.71%)
Paramount Mod / Oct 9 First Paramount Modaraba(FPRM)	13.18 ▼ -1.04 (-7.31%)
Arpak Int. / Oct 9 Arpak International Investments Ltd.(ARPAK)	114.60 ▼ -8.98 (-7.27%)
Bela Auto / Oct 9 Bela Automotives Limited(BELA)	68 ▼ -5.25 (-7.17%)
Crescent Cotton / Oct 9 Crescent Cotton Mills Limited(CCM)	39 ▼ -3 (-7.14%)

Stock	Volume
Cnergyico PK / Oct 9 Cnergyico PK Limited(CNERGY)	24,035,934 ▲ 0.16
Pak Refinery / Oct 9 Pakistan Refinery Limited(PRL)	22,340,109 ▲ 1.88
Treet Corp / Oct 9 Treet Corporation Limited(TREET)	22,030,907 ▲ 1.4
WorldCall Telecom / Oct 9 Worldcall Telecom Limited(WTL)	15,300,724 ▲ 0
D.S. Ind. Ltd. / Oct 9 D.S. Industries Limited(DSIL)	13,281,316 ▲ 1.64
Waves Home Appliances / Oct 9 Waves Home Appliances Limited(WAVESAPP)	9,815,059 ▼ -0.04
K-Electric Ltd. / Oct 9 K-Electric Limited(KEL)	8,208,588 ▲ 0.09
TPL Properties / Oct 9 TPL Properties Limited(TPLP)	7,045,147 ▲ 0.59
Pak Int.Bulk / Oct 9 Pakistan International Bulk Terminal(PIBTL)	6,983,204 ▲ 0
TPL REIT Fund I / Oct 9 TPL REIT Fund I(TPLRF1)	5,685,960 ▲ 0.63

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