News Archives for Business & Finance - 2026-06-07

Business & Finance - 2026-06-07

Companies

The Palms at Silk Gardens presents a strong REIT-backed deal estate opportunity

For real estate buyers and investors tracking Karachi’s emerging growth corridors, The Palms at Silk Gardens...

Published 07 Jun, 2026 12:18pm

Markets

Ethiopian Airlines set to decide on regional jet order in next three months

The planes would be used on both domestic routes and around neighboring countries

Published 07 Jun, 2026 10:30am

Markets

Etihad Airways orders widebody planes, sees return to pre-war capacity in June

*Etihad is restoring flights after ‌making ⁠cuts in March as the U.S.-Israeli war on Iran turned regional, raising fuel prices, Neves said

Published 07 Jun, 2026 10:21am

Markets

OpenAI plans ChatGPT 'superapp' overhaul ahead of listing, FT reports

The changes are part of a broader reorganisation at OpenAI, as it shifts resources to target lucrative enterprise clients and intensify competition with rival Anthropic, the report said

Published 07 Jun, 2026 10:18am

Industry

Hisense launch reflects global confidence in Pak’s industrial future: Haroon

LAHORE: Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, has...

Published 07 Jun, 2026 05:11am

Taxes

LTBA adopts resolution condemning alleged conduct of FBR official

ISLAMABAD: The Larkana Tax Bar Association (LTBA) has unanimously adopted a formal Resolution condemning the alleged...

Published 07 Jun, 2026 05:11am

Business & Finance

SECP slaps Rs3.18m penalties on ‘non-compliant’ SOEs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has concluded enforcement proceedings against...

Updated 07 Jun, 2026 06:41am

Industry

UBG welcomes fixed tax regime for shopkeepers

LAHORE: S.M. Tanveer, Patron-in-Chief of the United Business Group (UBG) and leader of the Federation of Pakistan...

Published 07 Jun, 2026 05:11am

Business & Finance

Govt urged to continue ‘80/20 facility’ for industries in EPZs

KARACHI: President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, Chairman...

Published 07 Jun, 2026 05:11am

Pakistan

Rs2trn uplift projects underway in Karachi, says Nasir Shah

KARACHI: Sindh Minister for Local Government, Housing and Town Planning Syed Nasir Hussain Shah has said that...

Published 07 Jun, 2026 05:11am

Industry

Need stressed to set up naphtha cracker complex

LAHORE: Speakers at a panel discussion held at the Expo Centre unanimously emphasised the urgent need to establish...

Published 07 Jun, 2026 05:11am

Cotton & Textile

KCA resumes publication of Daily Cotton Spot Rate

LAHORE: The Karachi Cotton Association (KCA) has resumed publication of its Daily Cotton Spot Rate for the first...

Published 07 Jun, 2026 05:11am

Companies

‘aik’ by BankIslami bags Best Shariah Compliant award

KARACHI: aik by BankIslami has been awarded the Best Shariah Compliant Digital Financial Solution at the Pakistan...

Published 07 Jun, 2026 05:11am

Business & Finance

Govt urged to focus on blue economy in FY27 budget

KARACHI: Chief Organiser of the Pakistan Business Forum (PBF), Ahmad Jawad on Saturday, said that the Federal Budget...

Published 07 Jun, 2026 05:11am

Business & Finance

PDP asks why agri, retail sectors continue to evade tax net

KARACHI: Pasban Democratic Party (PDP), Vice Chairman Azam Minhas has said that every year on the occasion of the...

Published 07 Jun, 2026 05:11am

Business & Finance

FPCCI hails fixed tax scheme for small traders

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

Published 07 Jun, 2026 05:11am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.61
USD PKR Interbank Buying / Jun 5	278.41
USD to Japanese Yen / Jun 5	160.29
USD to Swiss Franc / Jun 5	0.80
Pound Sterling to USD / Jun 5	1.33
Euro to USD / Jun 5	1.15
SOFR % / Jun 7	3.63

Stock	Volume
S&P 500 / Jun 5	7,383.74
India Sensex / Jun 5	74,243.34
Tokyo Nikkei / Jun 5	66,588.12
Nasdaq / Jun 5	25,709.43
Hang Seng / Jun 5	24,961.95
FTSE 100 / Jun 5	10,368.05
Dow Jones / Jun 5	50,866.78
Germany DAX 30 / Jun 5	24,759.05
France CAC40 / Jun 5	8,218.24

Item	Value
Crude Oil USD/Barrel / Jun 5	90.54
Gold 10 Grams PKR / Jun 5	401,012
Gold Spot USD/Ounce / Jun 5	4,328.45
Cotton US¢/pound / Jun 5	77.48
Petrol/Litre / Jun 7	377.78
Diesel/Litre / Jun 7	380.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	8.03 ▲ 0.97 (13.74%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
First Capital Equities / Jun 5 First Capital Equities Limited(FCEL)	5.30 ▲ 0.52 (10.88%)
Merit Packaging / Jun 5 Merit Packaging Limited(MERIT)	10.35 ▲ 1 (10.7%)
D.S. Ind. Ltd. / Jun 5 D.S. Industries Limited(DSIL)	11.19 ▲ 1.02 (10.03%)
Askari Life Assur. / Jun 5 Askari Life Assurance Company Limited(ALAC)	23.28 ▲ 2.12 (10.02%)
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	10.98 ▲ 1 (10.02%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.49 ▼ -4.5 (-10%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	66.80 ▼ -7.4 (-9.97%)
Ghazi Fabrics / Jun 5 Ghazi Fabrics International Limited(GFIL)	29.96 ▼ -2.48 (-7.64%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38.17 ▼ -2.48 (-6.1%)
Bela Auto / Jun 5 Bela Automotives Limited(BELA)	55.85 ▼ -3.14 (-5.32%)
Tandlianwala Sugar / Jun 5 Tandlianwala Sugar Mills Limited(TSML)	385.55 ▼ -19.67 (-4.85%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	39.70 ▼ -2.02 (-4.84%)
Dewan Textile / Jun 5 Dewan Textile Mills Limited(DWTM)	9.65 ▼ -0.48 (-4.74%)
JS Investments / Jun 5 JS Investments Limited(JSIL)	40.01 ▼ -1.99 (-4.74%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75.03 ▼ -3.61 (-4.59%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	42,057,629 ▲ 0.57
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	41,999,765 ▲ 0.49
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	41,811,517 ▲ 0.9
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	26,493,657 ▼ -0.2
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	23,842,888 ▼ -0.01
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,157,441 ▲ 0.08
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	18,104,460 ▲ 0.02
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	17,319,572 ▲ 1
B.O.Punjab / Jun 5 The Bank of Punjab(BOP)	15,286,456 ▼ -0.46
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	15,013,265 ▼ -0.11

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