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 / 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
Nasdaq / Jul 24	24,975.82
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
Tokyo Nikkei / Jul 27	64,771.01
Hang Seng / Jul 27	25,112.38

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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