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

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Business & Finance - 2026-06-07

Markets

Global airlines slash 2026 profit forecast on fuel shock from Iran war

The downgrade underscores airlines’ exposure to geopolitical shocks and fuel volatility

Published 07 Jun, 2026 07:02pm

Energy

OPEC+ agrees fourth oil quota hike since Hormuz closure

Seven core members of OPEC+ have increased their output quotas from April to June by almost 600,000 barrels per day

Published 07 Jun, 2026 06:57pm

Companies

Airlink Communication Limited officially launches Hisense in Pakistan, marking a new era for consumer electronics in the country

Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, a public listed company...

Published 07 Jun, 2026 04:54pm

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 / Jul 28	278.05
USD PKR Interbank Buying / Jul 28	277.85
USD to Japanese Yen / Jul 28	163.74
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 28	3.64

Stock	Volume
S&P 500 / Jul 28	7,428.78
India Sensex / Jul 28	76,765.92
Nasdaq / Jul 28	24,876.91
FTSE 100 / Jul 28	10,871.02
Dow Jones / Jul 28	52,747.32
Germany DAX 30 / Jul 28	25,464.01
France CAC40 / Jul 28	8,458.78
Tokyo Nikkei / Jul 29	61,689.86
Hang Seng / Jul 29	25,684.44

Item	Value
Crude Oil USD/Barrel / Jul 28	82.42
Karachi Cotton PKR/37.32 KG / Jul 28	18,480
Gold 10 Grams PKR / Jul 28	366,457
Gold Spot USD/Ounce / Jul 28	4,021.71
Cotton US¢/pound / Jul 28	80.53
Petrol/Litre / Jul 29	334.18
Diesel/Litre / Jul 29	386.83

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 29 786 Investments Limited(786)	25.80 ▲ 2.35 (10.02%)
Aisha Steel(ConPS) / Jul 29 Aisha Steel(ConPS)(ASLPS)	32.20 ▲ 2.93 (10.01%)
Dadabhoy Cement / Jul 29 Dadabhoy Cement Industries Limited(DBCI)	25.19 ▲ 2.29 (10%)
Ellcot Spinning / Jul 29 Ellcot Spinning Mills Limited(ELSM)	161.39 ▲ 14.67 (10%)
Khalid Siraj / Jul 29 Khalid Siraj Textile Mills Limited(KSTM)	16.28 ▲ 1.48 (10%)
Nets Internat.Comm. / Jul 29 Nets International Communication Limited(GEMNETS)	25.85 ▲ 2.35 (10%)
Asim Textile / Jul 29 Asim Textile Mills Limited(ASTM)	31.72 ▲ 2.88 (9.99%)
Aisha Steel (CPS) / Jul 29 Aisha Steel Mills Limited (CPS)(ASLCPS)	77.96 ▲ 7.02 (9.9%)
Tandlianwala Sugar / Jul 29 Tandlianwala Sugar Mills Limited(TSML)	709.10 ▲ 61.91 (9.57%)
Samba Bank / Jul 29 Samba Bank Limited(SBL)	16.06 ▲ 1.09 (7.28%)

Stock	Price
Khairpur Sug. / Jul 29 Khairpur Sugar Mills Limited(KPUS)	1,203.44 ▼ -133.71 (-10%)
TPL Insurance / Jul 29 TPL Insurance Limited(TPLI)	65.06 ▼ -7.23 (-10%)
AN Textile Mills / Jul 29 AN Textile Mills Limited(ANTM)	51.11 ▼ -4.89 (-8.73%)
JS Investments / Jul 29 JS Investments Limited(JSIL)	42.75 ▼ -3.08 (-6.72%)
Bela Auto / Jul 29 Bela Automotives Limited(BELA)	54.21 ▼ -2.94 (-5.14%)
Maqbool Textile / Jul 29 Maqbool Textile Mills Limited(MQTM)	31.74 ▼ -1.52 (-4.57%)
Olympia Mills / Jul 29 Olympia Mills Limited(OML)	134.01 ▼ -6.33 (-4.51%)
Metro Steel / Jul 29 Metropolitan Steel Corporation Limited(MSCL)	23.70 ▼ -1.06 (-4.28%)
Siemens Pak. / Jul 29 Siemens (Pakistan) Engineering(SIEM)	1,450 ▼ -63.24 (-4.18%)
Hafiz Ltd. / Jul 29 Hafiz Limited(HAFL)	470 ▼ -20.12 (-4.11%)

Stock	Volume
Cnergyico PK / Jul 29 Cnergyico PK Limited(CNERGY)	14,529,101 ▼ -0.06
Samba Bank / Jul 29 Samba Bank Limited(SBL)	11,774,526 ▲ 1.09
Trust Sec.& Brok. / Jul 29 Trust Securities & Brokerage Limited(TSBL)	10,976,083 ▼ -0.03
Pak Refinery / Jul 29 Pakistan Refinery Limited(PRL)	7,181,527 ▼ -0.18
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	6,383,141 ▲ 0.37
Maple Leaf Cement / Jul 29 Maple Leaf Cement Factory Limited(MLCF)	5,377,106 ▼ -2.03
Oilboy Energy / Jul 29 Oilboy Energy Limited(OBOY)	4,029,889 ▲ 0.03
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	3,527,451 ▲ 1.23
B.O.Punjab / Jul 29 The Bank of Punjab(BOP)	3,150,029 ▼ -0.43
WorldCall Telecom / Jul 29 Worldcall Telecom Limited(WTL)	3,055,515 ▼ -0.01

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