News Archives for Business & Finance - 2026-05-16

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Business & Finance - 2026-05-16

Business & Finance

NDMS starts dredging operations at Karachi’s Port Qasim

The National Dredging and Marine Services (NDMS) company has formally commenced dredging operations at Karachi’s...

Published 16 May, 2026 10:20pm

Business & Finance

Govt aims to complete provincial consultations on NDMP before budget

Federal Minister for Economic Affairs Ahad Cheema on Saturday expressed hope that consultations with all provinces...

Published 16 May, 2026 10:05pm

SPONSORED CONTENT: Why investors who know Lahore are looking closely at Alif Holdings’ 20 Canal Residence

Companies

Pakistan’s seafood exports cross $500mn milestone for first time

Pakistan is expanding its global reach with new markets and a planned $60-80 million seafood processing zone

Published 16 May, 2026 04:22pm

Markets

Pakistan’s entry into China’s capital market marks new era of financial cooperation, says Aurangzeb

Pakistan's successful Panda Bond issuance reflects growing investor confidence in its economic stability and reform agenda, deepening financial ties with China

Published 16 May, 2026 04:13pm

Bullion Rate

Gold price per tola drops Rs600 in Pakistan

International rate of gold declines by $6 to reach $4,539 per ounce

Updated 16 May, 2026 05:54pm

Energy

Iraq exported 10 million barrels of oil in April through Strait of Hormuz

Iraq plans to engage with OPEC to boost the country’s production and export capacity

Published 16 May, 2026 12:39pm

USA

World Bank delegation visits Venezuela

The renewal of relations between Caracas, the World Bank and the International Monetary Fund

Published 16 May, 2026 11:38am

Business & Finance

Petrol, diesel prices cut by Rs5 each

ISLAMABAD: In a welcome move for consumers, the federal government has announced a price cut for major petroleum...

Published 16 May, 2026 02:29am

Business & Finance

Weekly SPI inflation up 0.47pc

ISLAMABAD: The Sensitive Price Index-based inflation increased by 0.47 percent during the week ended May 14, mainly...

Published 16 May, 2026 02:29am

Business & Finance

IMF projects USD21.197bn external financing requirements

ISLAMABAD: The International Monetary Fund has projected Pakistan’s gross external financing requirements at...

Published 16 May, 2026 02:29am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 27	278.06
USD PKR Interbank Buying / Jul 27	277.86
USD to Japanese Yen / Jul 28	163.75
USD to Swiss Franc / Jul 28	0.82
Pound Sterling to USD / Jul 28	1.33
Euro to USD / Jul 28	1.14
SOFR % / Jul 27	3.64

Stock	Volume
S&P 500 / Jul 27	7,413.18
Nasdaq / Jul 27	24,932.08
FTSE 100 / Jul 27	10,781.75
Dow Jones / Jul 27	52,210.08
Germany DAX 30 / Jul 27	25,361.03
France CAC40 / Jul 27	8,406.06
India Sensex / Jul 28	76,916.26
Tokyo Nikkei / Jul 28	62,078.15
Hang Seng / Jul 28	25,254.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 27	18,480
Gold 10 Grams PKR / Jul 27	370,144
Petrol/Litre / Jul 28	334.18
Crude Oil USD/Barrel / Jul 28	82.05
Gold Spot USD/Ounce / Jul 28	4,040.61
Diesel/Litre / Jul 28	386.83
Cotton US¢/pound / Jul 28	80.50

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jul 28 Azgard Nine (Non-Voti)(ANLNV)	8.95 ▲ 0.94 (11.74%)
Khalid Siraj / Jul 28 Khalid Siraj Textile Mills Limited(KSTM)	14.80 ▲ 1.35 (10.04%)
First Tri-Star Mod. / Jul 28 First Tri-Star Modaraba(FTSM)	37.96 ▲ 3.45 (10%)
Khairpur Sug. / Jul 28 Khairpur Sugar Mills Limited(KPUS)	1,337.15 ▲ 121.56 (10%)
Premier Sugar / Jul 28 The Premier Sugar Mills(PMRS)	556.37 ▲ 50.58 (10%)
Ellcot Spinning / Jul 28 Ellcot Spinning Mills Limited(ELSM)	146.72 ▲ 13.34 (10%)
Aisha Steel(ConPS) / Jul 28 Aisha Steel(ConPS)(ASLPS)	29.27 ▲ 2.66 (10%)
Asim Textile / Jul 28 Asim Textile Mills Limited(ASTM)	28.84 ▲ 2.62 (9.99%)
Dadabhoy Cement / Jul 28 Dadabhoy Cement Industries Limited(DBCI)	22.90 ▲ 2.08 (9.99%)
Oilboy Energy / Jul 28 Oilboy Energy Limited(OBOY)	18.38 ▲ 1.67 (9.99%)

Stock	Price
Olympia Mills / Jul 28 Olympia Mills Limited(OML)	140.34 ▼ -15.59 (-10%)
TPL Insurance / Jul 28 TPL Insurance Limited(TPLI)	72.29 ▼ -8.03 (-10%)
Nets Internat.Comm. / Jul 28 Nets International Communication Limited(GEMNETS)	23.50 ▼ -2.5 (-9.62%)
Fateh Sports / Jul 28 Fateh Sports Wear Limited(FSWL)	172 ▼ -17.95 (-9.45%)
Sana Ind / Jul 28 Sana Industries Limited(SNAI)	36.51 ▼ -3.48 (-8.7%)
ARM Green Industries / Jul 28 ARM Green Industries Limited(ARMG)	63.50 ▼ -5.42 (-7.86%)
Popular Islamic / Jul 28 Popular Islamic Modaraba(PIM)	22 ▼ -1.77 (-7.45%)
Colony Tex.Mills Ltd / Jul 28 Colony Textile Mills Limited(CTM)	6.31 ▼ -0.5 (-7.34%)
JS Investments / Jul 28 JS Investments Limited(JSIL)	42.66 ▼ -3.01 (-6.59%)
Pervez Ahmed Consultancy / Jul 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.41 ▼ -0.16 (-6.23%)

Stock	Volume
Cnergyico PK / Jul 28 Cnergyico PK Limited(CNERGY)	115,604,304 ▲ 0.49
WorldCall Telecom / Jul 28 Worldcall Telecom Limited(WTL)	48,424,709 ▼ -0.04
Pak Refinery / Jul 28 Pakistan Refinery Limited(PRL)	17,889,009 ▲ 4.2
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	17,685,525 ▼ -0.16
Ghani Chem. Ind. / Jul 28 Ghani Chemical Industries Limited(GCIL)	9,944,254 ▲ 1.43
TPL Corp Ltd / Jul 28 TPL Corp Limited(TPL)	9,035,628 ▲ 0.27
Maple Leaf Cement / Jul 28 Maple Leaf Cement Factory Limited(MLCF)	8,743,488 ▲ 0.74
K-Electric Ltd. / Jul 28 K-Electric Limited(KEL)	6,812,917 ▲ 0
Waves Corporation / Jul 28 Waves Corporation Limited(WAVES)	5,846,127 ▼ -0.05
Oilboy Energy / Jul 28 Oilboy Energy Limited(OBOY)	5,843,613 ▲ 1.67