News Archives for Business & Finance - 2026-06-22

Business & Finance - 2026-06-22

Commodities

London copper edges up after volatile Mideast peace negotiations

Benchmark three-month copper on the LME was up 0.41% to $13,650.5 a metric ton

Published 22 Jun, 2026 11:20am

Technology

SK Hynix overtakes Samsung to become Korea's most valuable company

For SK Hynix, the achievement marks the culmination of one of the biggest turnarounds in South Korea’s corporate history

Published 22 Jun, 2026 11:14am

Companies

Loads Limited, Chinese firm explore JV in Pakistan's copper sector

Discussions are at a preliminary stage, says Loads

Published 22 Jun, 2026 11:10am

Stocks

China stocks rise on higher risk appetite; Hong Kong falls as traders brace for new stocks

In Hong Kong, Hang Seng dropped 1%

Published 22 Jun, 2026 10:58am

Markets

Thai exports post double-digit growth in May, ministry says

Customs-cleared exports rose by 23.1% in April from a year earlier

Published 22 Jun, 2026 10:54am

Mutual Funds

India bonds walk tightrope on steady oil, shaky US-Iran truce

The 10-year yield has eased for four straight weeks, paring nearly 20 basis points, tracking the slide in oil prices

Published 22 Jun, 2026 10:51am

Stocks

Stocks at PSX surge, KSE-100 up over 800 points after Iran signals talks progress

Benchmark index was hovering at 179,765.33

Published 22 Jun, 2026 10:05am

Companies

Grow Safe’s advanced fire system goes Operational

KARACHI: Grow Safe has successfully completed and commissioned a state-of-the-art 500 GPM fire hydrant system for a...

Published 22 Jun, 2026 08:17am

Industry

LCCI chief, Netherlands envoy discuss trade cooperation

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Faheem Ur Rehman Saigol, and Robert Jan...

Published 22 Jun, 2026 08:06am

Business & Finance

Maximum facilities to exporters urged

KARACHI: A young leader of the United Business Group (UBG) and prominent businessman Shehzad Mobeen has said that...

Published 22 Jun, 2026 08:04am

Energy

Work on several hydropower projects in KP enters final stages: PEDO

PESHAWAR: Chief Executive Officer (CEO) Provincial Energy Development Organization (PEDO) Engineer Anwar-ul-Haq has...

Published 22 Jun, 2026 07:47am

Stocks

Indian shares set to rise as US-Iran talks progress, oil eases

GIFT Nifty futures were trading at ‌24,129.50

Published 22 Jun, 2026 07:46am

Forex

Dollar firms as cracks emerge in peace deal, pound dips on Starmer uncertainty

The pound was 0.24% weaker at $1.32055, while the euro softened 0.1% to $1.1462

Published 22 Jun, 2026 07:44am

Energy

Brent falls after US-Iran talks conclude in Switzerland

Brent crude fell $1.19, or 1.48%, to $79.38 a barrel

Updated 22 Jun, 2026 11:04am

Stocks

Stocks rally in Asia as Iran cites progress in talks

MSCI's broadest index of Asia-Pacific shares outside Japan gained 1.0%, while Chinese blue chips were flat

Published 22 Jun, 2026 07:32am

Forex

Indian rupee to track dollar moves, oil outlook; bonds to react on foreign investor activity

The Indian rupee rose 0.8% last week to 94.32, its best weekly performance in 11 weeks, helped by a drop in crude prices after the US-Iran peace deal

Published 22 Jun, 2026 07:27am

Markets

Gold rebounds from one-week low as Iran cites progress in peace talks

Spot gold was up 1.2% at $4,209.03 per ounce

Published 22 Jun, 2026 07:24am

Business & Finance

KP presents Rs121.74bn supplementary budget

PESHAWAR: The provincial government of Khyber Pakhtunkhwa presented a supplementary budget of Rs121.74 billion. The...

Updated 22 Jun, 2026 09:20am

Cotton & Textile

Weekly Cotton Review: Prices suffer a steep decline

KARACHI: Cotton prices have suffered a steep decline since the start of the current season, falling by five thousand...

Published 22 Jun, 2026 05:36am

Agriculture and Allied

Mango exports shrink as Middle East war impacts linger

TANDO ALLAHYAR: Beneath the scorching sun in southern mango belt, labourers balance on tree branches, working at a...

Published 22 Jun, 2026 05:36am

Pakistan

NA body approves key safeguards

ISLAMABAD: The National Assembly Standing Committee on Finance approved a number of key amendments including...

Published 22 Jun, 2026 05:36am

Business & Finance

NA body told: Many amendments incorporated in Finance Bill

ISLAMABAD: Major amendments have been proposed in the Finance Bill 2026 to incorporate key recommendations of the...

Published 22 Jun, 2026 05:36am

Business & Finance

Finance Bill (2026): NA body cautious govt against amendments without scrutiny

ISLAMABAD: National Assembly Standing Committee on Finance Sunday cautioned government against introducing...

Published 22 Jun, 2026 05:36am

Business & Finance

Balochistan Assembly approves Rs1.089trn budget

QUETTA: The Balochistan Assembly on Sunday approved the provincial budget for the 2026-27 fiscal year, clearing...

Published 22 Jun, 2026 05:36am

Business & Finance

Govt set to hand over PIA to new owners by month-end

ISLAMABAD: The government is set to hand over Pakistan International Airlines (PIA) to its new owners by the end of...

Updated 22 Jun, 2026 09:21am

Commodities

Prices of kitchen items remain firm in open market

PESHAWAR: Prices of important kitchen items, including vegetables, cooking oil/ghee, sugar, flour, live...

Published 22 Jun, 2026 05:36am

Business & Finance

KP govt earmarks Rs524.3bn under ADP for 2026-27

PESHAWAR: The Khyber Pakhtunkhwa government has earmarked Rs 524.3 billion under Annual Development Programme for...

Published 22 Jun, 2026 05:36am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 19	278.45
USD PKR Interbank Buying / Jun 19	278.25
USD to Japanese Yen / Jun 22	161.67
USD to Swiss Franc / Jun 22	0.81
Pound Sterling to USD / Jun 22	1.32
Euro to USD / Jun 22	1.15
SOFR % / Jun 19	3.69

Stock	Volume
S&P 500 / Jun 18	7,500.58
Nasdaq / Jun 18	26,517.93
Dow Jones / Jun 18	51,564.70
FTSE 100 / Jun 19	10,363.27
Germany DAX 30 / Jun 19	24,985.82
France CAC40 / Jun 19	8,421.14
India Sensex / Jun 22	77,261.32
Tokyo Nikkei / Jun 22	72,604.55
Hang Seng / Jun 22	23,552.35

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	19,280
Gold 10 Grams PKR / Jun 19	374,205
Petrol/Litre / Jun 22	299.50
Crude Oil USD/Barrel / Jun 22	75.35
Gold Spot USD/Ounce / Jun 22	4,185.91
Diesel/Litre / Jun 22	311.47
Cotton US¢/pound / Jun 22	79.91

Gainers
Losers
Leaders

Stock	Price
Ghani Chemworld Limited (R) / Jun 22 Ghani Chemworld Limited Right(GCWLR)	6.01 ▲ 1 (19.96%)
Paramount Spinning / Jun 22 Paramount Spinning Mills Limited(PASM)	9.50 ▲ 1 (11.76%)
Dewan Farooque Sp. / Jun 22 Dewan Farooque Spinning Mills Limited(DFSM)	17.90 ▲ 1.63 (10.02%)
First Fid. Leasing / Jun 22 First Fidelity Leasing Modaraba(FFLM)	22.50 ▲ 2.05 (10.02%)
TPL Insurance / Jun 22 TPL Insurance Limited(TPLI)	24.72 ▲ 2.25 (10.01%)
Berger Paints / Jun 22 Berger Paints Pakistan Limited(BERG)	133.07 ▲ 12.1 (10%)
Buxly Paints / Jun 22 Buxly Paints Limited(BUXL)	208.04 ▲ 18.91 (10%)
First Tri-Star Mod. / Jun 22 First Tri-Star Modaraba(FTSM)	33.67 ▲ 3.06 (10%)
Kohat Textile / Jun 22 Kohat Textile Mills Limited(KOHTM)	175.86 ▲ 15.99 (10%)
S.G.Power / Jun 22 S.G. Power Limited(SGPL)	66.90 ▲ 6.08 (10%)

Stock	Price
Millat Tractors / Jun 22 Millat Tractors Limited(MTL)	310.01 ▼ -297.25 (-48.95%)
Aisha Steel (CPS) / Jun 22 Aisha Steel Mills Limited (CPS)(ASLCPS)	61.02 ▼ -6.78 (-10%)
Shahtaj Textile / Jun 22 Shahtaj Textile Limited(STJT)	131.40 ▼ -13.2 (-9.13%)
National Silk / Jun 22 The National Silk & Rayon Mills Limited(NSRM)	205.21 ▼ -19.13 (-8.53%)
Mughal Energy / Jun 22 Mughal Energy Limited(GEM)(GEMMEL)	21.10 ▼ -1.38 (-6.14%)
Cordoba Logistics / Jun 22 Cordoba Logistics & Ventures Limited(CLVL)	12.40 ▼ -0.8 (-6.06%)
Saritow Spinning / Jun 22 Saritow Spinning Mills Limited(SSML)	23.51 ▼ -1.48 (-5.92%)
Bhanero Textile / Jun 22 Bhanero Textile Mills Limited(BHAT)	850 ▼ -47.54 (-5.3%)
Quetta Textile / Jun 22 Quetta Textile Mills Limited(QUET)	15 ▼ -0.77 (-4.88%)
Elahi Cotton / Jun 22 Elahi Cotton Mills Limited(ELCM)	280.05 ▼ -13.17 (-4.49%)

Stock	Volume
TPL Corp Ltd / Jun 22 TPL Corp Limited(TPL)	30,206,722 ▲ 1.35
TPL Properties / Jun 22 TPL Properties Limited(TPLP)	24,379,237 ▲ 0.51
Sui South Gas / Jun 22 Sui Southern Gas Company Limited(SSGC)	19,939,459 ▲ 0.88
Loads Limited / Jun 22 Loads Limited(LOADS)	13,969,469 ▲ 0.87
WorldCall Telecom / Jun 22 Worldcall Telecom Limited(WTL)	11,040,111 ▼ -0.01
Ghani Chem. Ind. / Jun 22 Ghani Chemical Industries Limited(GCIL)	10,949,714 ▼ -1.05
Kohinoor Spinning / Jun 22 Kohinoor Spinning Mills Limited(KOSM)	9,379,670 ▼ -0.06
K-Electric Ltd. / Jun 22 K-Electric Limited(KEL)	7,097,228 ▲ 0.03
Oilboy Energy / Jun 22 Oilboy Energy Limited(OBOY)	6,058,183 ▲ 1.33
Sui North Gas / Jun 22 Sui Northern Gas Pipelines Limited(SNGP)	5,847,692 ▲ 5.16

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