News Archives for Business & Finance - 2026-07-15

<<>>

Business & Finance - 2026-07-15

Business & Finance

PayPak to play central role in Pakistan's digital payments future: SBP governor

Urges industry collaboration to strengthen Pakistan's digital payments network

Published 15 Jul, 2026 10:44pm

World

Some ships refusing US-military guided Hormuz transits after attacks, sources say

Some five ships have been attacked since July 7

Published 15 Jul, 2026 10:33pm

Money & Banking

US Fed official says 'prepared to act' to curb inflation

Fed's Lisa Cook warns of persistent inflation risks from AI and global events, signaling readiness to act if prices don't stabilize

Published 15 Jul, 2026 10:06pm

Markets

Punjab ban on wheat movement distorted free-market, fuelled inter-provincial smuggling: PFMA

Punjab govt has continued to restrict movement of wheat outside province for second consecutive year

Published 15 Jul, 2026 09:59pm

South Asia

India's balance of payments deficit extends in May as portfolio outflows persist

The deficit, however, narrows compared with April, when India reports a BoP deficit of $6.6 billion

Published 15 Jul, 2026 08:29pm

Financial

India bonds recover on softer US rate outlook; oil risk caps gains

Benchmark 6.94% 2036 bond yield settled at 6.7738%

Published 15 Jul, 2026 08:02pm

Financial

India's HDFC Life posts quarterly profit rise on higher premium collection

The insurer’s net profit rose to 6.11 billion Indian rupees ($63.47 million) for the three months ended June 30

Published 15 Jul, 2026 07:30pm

Stocks

Most Gulf markets subdued as US-Iran tensions escalate

Saudi Arabia’s benchmark index eased 0.1%

Published 15 Jul, 2026 07:14pm

Commodities

Raw sugar heads back near two-week lows; cocoa also retreats

Raw sugar fell 0.4% to 14.82 cents per lb

Published 15 Jul, 2026 07:09pm

Money & Banking

Tata Capital gives dollar bond guidance, final price by this week, bankers say

The non-banking financial company may look to raise between $400 million and $600 million through this issue

Published 15 Jul, 2026 06:45pm

Companies

HBL Unveils HBL PayPak UnionPay Co-Badge Card: Empowering domestic payment schemes with global connectivity

HBL, Pakistan’s largest issuer of debit cards, launched the HBL PayPak UnionPay Co-Badge Debit Card at a ceremony...

Published 15 Jul, 2026 06:42pm

South Asia

India, UK trade pact takes effect, promising tariff cuts and services boost

India exported $13.44 billion of goods to Britain and imported $11.68 billion in 2025-26

Published 15 Jul, 2026 06:15pm

Stocks

UK's FTSE 100 slips on Middle East tensions, miners drag

The blue-chip FTSE 100 index fell 0.1% to 10,515.73 points

Published 15 Jul, 2026 06:01pm

Forex

Indian rupee ends flat as merchant bids, oil blunt comfort from modest inflows

Indian rupee closed at 96.2550 per dollar

Published 15 Jul, 2026 05:28pm

South Asia

India approves $13.3 billion for fresh semiconductor push

The capital will be deployed to develop intellectual properties and chip designs

Published 15 Jul, 2026 05:26pm

Commodities

Palm oil falls amid tepid market sentiment

Dalian’s most-active soyoil contract rose 0.08%

Published 15 Jul, 2026 05:22pm

Stocks

Sri Lankan shares edge lower as IT, energy stocks weigh

CSE All Share index settled down 0.03% at 21,417.80

Published 15 Jul, 2026 05:20pm

Stocks

Indian shares edge higher as financials lead; U.S.-Iran tensions cap gains

Nifty 50 rose 0.11% to 24,078.50, while the BSE Sensex added 0.17% to 77,185.43

Published 15 Jul, 2026 05:18pm

Companies

India's Ather Energy to raise $125 million via share issue, warrants

Shares of the company jumped by about 8% to 1,292 Indian rupees apiece

Published 15 Jul, 2026 05:15pm

South Asia

US bill on Russian oil tariffs not expected to affect trade talks, Indian government source says

Potential tariffs linked to purchases of Russian oil have not been a sticking point in trade negotiations

Published 15 Jul, 2026 05:12pm

Exchange

Pakistani rupee inches up against US dollar

Settles at 278.00 against greenback

Updated 15 Jul, 2026 07:46pm

Markets

India's PFC lines up another dollar debt issue since RBI's subsidy window, bankers say

PFC had raised these funds at a spread of 105 basis points over U.S. Treasuries, giving a yield of 5.327%

Published 15 Jul, 2026 04:11pm

Technology

PTA fines mobile operators Rs740mn over multiple SIM issuance violations

Mobile operators face Rs740 million in fines from PTA for failing to prevent unauthorised SIM activations and identity fraud, highlighting serious lapses in biometric verification and oversight

Published 15 Jul, 2026 04:07pm

Taxes

PM directs FBR to strengthen engagement with Karachi business community

PM directs authorities to provide all possible facilities to promote higher production and exports

Published 15 Jul, 2026 03:36pm

Business & Finance

Supernet Technologies approves Rs914.8mn rights issue to fund expansion

The issue represents around 85 percent of the company’s existing paid-up capital

Published 15 Jul, 2026 03:13pm

Industry

Pakistan's largest Chinese mine warns it may cease operations: report

Blames 'non-availability of essential production materials and logistical support'

Published 15 Jul, 2026 03:09pm

Stocks

European shares subdued as Middle East tensions offset ASLM, Cartier results

The pan-European STOXX 600 index was flat at 641.83 points

Published 15 Jul, 2026 01:59pm

Financial

Gold price per tola gains Rs900 in Pakistan

Silver price per tola remains stable at Rs6,289

Updated 15 Jul, 2026 06:32pm

Companies

Beyond oil: How the Middle East conflict ripples from fertilizer, to food, all the way to forex

Market analysis written by Inki Cho, Senior Financial Markets Strategist at Exness.

Published 15 Jul, 2026 01:09pm

Companies

Pakistan’s Ghandhara Tyre clears key US regulatory requirement for exports

Pakistani tyre maker GTYR obtained US DOT certification, allowing it to export tyres to the United States.

Published 15 Jul, 2026 01:08pm

Forex

South African rand flat as traders await more US inflation data

The rand traded at 16.3850 against the U.S. dollar , little moved from its previous close

Published 15 Jul, 2026 12:56pm

Business & Finance

Aurangzeb calls for review of NFC Award's population criterion

Finance Minister calls for reviewing the "unsustainable" 82% population-based NFC Award resource distribution.

Published 15 Jul, 2026 12:36pm

Technology

EV bike demand grows in Karachi, but potholes remain a roadblock

Demand for electric motorcycles outpaces supply

Published 15 Jul, 2026 11:59am

Commodities

Indonesia's May palm oil exports drop 25.1% on year, industry group says

On a monthly basis, exports fell 28.12% in May, GAPKI said

Published 15 Jul, 2026 11:45am

Business & Finance

Summary moves to PM for Pakistan Marine Academy degree status

Chaudhry says consultations with all relevant stakeholders being held

Published 15 Jul, 2026 11:44am

Markets

China new home prices decline at slower pace in June

New home prices dropped 0.1% in June from the previous month, compared with a 0.2% decline in May

Published 15 Jul, 2026 11:43am

Stocks

Banks and miners lift Aussie shares to near one-month high; Rio Tinto rises on strong output

The S&P/ASX 200 index rose 0.7% to 8,868.30 points

Published 15 Jul, 2026 11:25am

Markets

China's June industrial output up 5.3% y/y, retail sales return to growth

Fixed-asset investment shrank 5.7% in the first six months of 2026, compared with expectations for a 4.9% decline

Published 15 Jul, 2026 11:21am

Commodities

Chicago wheat keeps rising on Russia-Ukraine hostilities

Chicago wheat futures continued to rally on Wednesday

Published 15 Jul, 2026 11:20am

Stocks

Japan's Nikkei tracks Wall Street higher, eyes ASML earnings

The broader Topix edged up 0.21% to 4,047.62

Published 15 Jul, 2026 11:18am

Forex

Australian, NZ dollars rally as benign US inflation cools Fed hike bets

The kiwi dollar rose 0.2% to $0.5822, having jumped 1.1% overnight to hit a one-month peak of $0.5859

Published 15 Jul, 2026 11:14am

Forex

Thai baht/US dollar steady on Wednesday

The baht was 0.01% lower at 33.48 versus the dollar, after trading in a range of 33.450 to 33.525

Published 15 Jul, 2026 11:11am

Mutual Funds

JGB yield curve steepens on US Treasury declines, fiscal worries

The benchmark 10-year JGB yield fell 3 basis points to 2.675%

Published 15 Jul, 2026 10:59am

Mutual Funds

Indian bonds gain as soft US inflation cools Fed rate hike bets

The benchmark 6.94% 2036 bond yield was at 6.7703%

Published 15 Jul, 2026 10:57am

Markets

ECB's Kocher sees currently no second-round effects from Iran war, but bank is ready to act

The situation is marked by high uncertainty as the intensity of the conflict keeps changing, the Austrian central bank governor said

Published 15 Jul, 2026 10:52am

Mutual Funds

Vietnam raises $116 million in government bond auction

The treasury sold 1 trillion dong out of 4 trillion dong of 5-year bonds on offer, at a coupon of 4.18%

Published 15 Jul, 2026 10:49am

Companies

Pakistani textile firm Sapphire Fibres establishes UAE arm, to invest $200,000

Sapphire Fibres Limited (SFL), a Pakistani textile manufacturer, has set up a new subsidiary in the United Arab...

Published 15 Jul, 2026 10:18am

Stocks

Buying interest returns, KSE-100 gains over 1%

Benchmark index settles at 175,285.783

Updated 15 Jul, 2026 06:24pm

Bullion Rate

Gold slips as oil rally keeps inflation, rate outlook on investors' radar

Spot gold was down 0.5% at $4,035.67 per ounce

Published 15 Jul, 2026 08:30am

Forex

Indian rupee finds support from cooling Fed hike bets, unrelenting crude surge a drag

The rupee has come under significant pressure following renewed US-Iran hostilities, which has spurred a jump in oil prices

Published 15 Jul, 2026 08:19am

Markets

China's Q2 GDP growth cools to 3-1/2-year low, missing market forecast

On a quarterly basis, GDP grew 0.9% in the second quarter, in line with analysts' forecast and compared with the 1.3% gain in the previous quarter

Published 15 Jul, 2026 08:14am

Stocks

SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb

The rally lifted other South Korean semiconductor stocks, with Samsung Electronics rising nearly 8%

Published 15 Jul, 2026 08:07am

Stocks

Indian shares seen muted as US inflation relief offsets Mideast tensions

GIFT Nifty futures were trading at 24,042

Published 15 Jul, 2026 08:04am

Stocks

Asian stocks gain on drop in US inflation rate

South Korea's chipmaker-heavy KOSPI surged 6% in early trade and Japan's Nikkei rose 0.4%. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.7%

Published 15 Jul, 2026 08:01am

Forex

Dollar struggles as softer inflation dims Fed hike bets

Against the yen , the dollar fetched 162.08, down 0.1%

Published 15 Jul, 2026 07:57am

Energy

Oil prices rise as hostilities worsen in the Middle East

Brent futures gained 18 cents, or 0.2%, to $84.91 a barrel

Updated 15 Jul, 2026 07:03pm

Companies

PTCL confirms Nadeem Khan as CEO

ISLAMABAD: The Board of Directors of Pakistan Tele-communication Company Limited (PTCL) Tuesday confirmed Nadeem...

Published 15 Jul, 2026 02:14am

Money & Banking

BofA rides market whiplash to trading records, deal activity shines

WASHINGTON: Bank of America exceeded Wall Street estimates for second-quarter profit on Tuesday, as global market...

Published 15 Jul, 2026 02:14am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 2	277.27
USD PKR Interbank Buying / Oct 2	277.07
USD to Japanese Yen / Oct 5	157.79
USD to Swiss Franc / Oct 5	0.83
Pound Sterling to USD / Oct 5	1.32
Euro to USD / Oct 5	1.12
SOFR % / Oct 1	3.87

Stock	Volume
S&P 500 / Oct 2	7,722.72
Nasdaq / Oct 2	27,190.86
FTSE 100 / Oct 2	10,461.95
Dow Jones / Oct 2	51,176.96
Germany DAX 30 / Oct 2	25,231.20
France CAC40 / Oct 2	7,897.19
India Sensex / Oct 5	71,914.66
Tokyo Nikkei / Oct 5	69,928.05
Hang Seng / Oct 5	23,971.07

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18,280
Gold 10 Grams PKR / Oct 2	377,774
Petrol/Litre / Oct 5	392.76
Crude Oil USD/Barrel / Oct 5	89.90
Gold Spot USD/Ounce / Oct 5	4,152.43
Diesel/Litre / Oct 5	399.64
Cotton US¢/pound / Oct 5	79.45

Gainers
Losers
Leaders

Stock	Price
Paramount Mod / Oct 5 First Paramount Modaraba(FPRM)	13.05 ▲ 1.19 (10.03%)
Dadex Eternit / Oct 5 Dadex Eternit Limited(DADX)	144.55 ▲ 13.14 (10%)
Aisha Steel (CPS) / Oct 5 Aisha Steel Mills Limited (CPS)(ASLCPS)	77 ▲ 6.36 (9%)
Asia Ins. / Oct 5 Asia Insurance Company Limited(ASIC)	36.70 ▲ 2.97 (8.81%)
Popular Islamic / Oct 5 Popular Islamic Modaraba(PIM)	77.48 ▲ 5.51 (7.66%)
Crescent Fib. / Oct 5 Crescent Fibres Limited(CFL)	62.90 ▲ 3.5 (5.89%)
Sanghar Sugar / Oct 5 Sanghar Sugar Mills Limited(SANSM)	122.99 ▲ 5.51 (4.69%)
ZIL Limited / Oct 5 ZIL Limited(ZIL)	327 ▲ 13.89 (4.44%)
Din Tex. / Oct 5 Din Textile Mills Limited(DINT)	61.40 ▲ 2.57 (4.37%)
Aisha Steel(ConPS) / Oct 5 Aisha Steel(ConPS)(ASLPS)	26.99 ▲ 1.09 (4.21%)

Stock	Price
Globe Residency / Oct 5 Globe Residency REIT(GRR)	17.24 ▼ -4.94 (-22.27%)
Azgard Nine (Non-Voti) / Oct 5 Azgard Nine (Non-Voti)(ANLNV)	7.66 ▼ -0.88 (-10.3%)
Asim Textile / Oct 5 Asim Textile Mills Limited(ASTM)	100.89 ▼ -11.21 (-10%)
Buxly Paints / Oct 5 Buxly Paints Limited(BUXL)	376.71 ▼ -41.86 (-10%)
First Imrooz Mod. / Oct 5 First Imrooz Modaraba(FIMM)	284.07 ▼ -31.56 (-10%)
First Punjab Modaraba / Oct 5 First Punjab Modaraba(FPJM)	21.18 ▼ -2.35 (-9.99%)
AKD Hospitality / Oct 5 AKD Hospitality Limited(AKDHL)	137.02 ▼ -14.2 (-9.39%)
Imperial Limited / Oct 5 Imperial Limited(IML)	23.01 ▼ -2.31 (-9.12%)
Faisal Sp. / Oct 5 Faisal Spinning Mills Limited(FASM)	305.90 ▼ -30.26 (-9%)
ARM Green Industries / Oct 5 ARM Green Industries Limited(ARMG)	48.20 ▼ -4.69 (-8.87%)

Stock	Volume
Pak Int.Bulk / Oct 5 Pakistan International Bulk Terminal(PIBTL)	14,898,289 ▼ -0.75
WorldCall Telecom / Oct 5 Worldcall Telecom Limited(WTL)	13,666,368 ▲ 0
Cnergyico PK / Oct 5 Cnergyico PK Limited(CNERGY)	11,775,539 ▼ -0.33
F. Nat.Equities / Oct 5 First National Equities Limited(FNEL)	10,012,728 ▲ 0
Waves Home Appliances / Oct 5 Waves Home Appliances Limited(WAVESAPP)	6,220,975 ▼ -0.06
Tasdeeq Info. Serv. / Oct 5 Tasdeeq Information Services Limited(TISL)	5,235,889 ▼ -0.15
Pak Refinery / Oct 5 Pakistan Refinery Limited(PRL)	5,067,393 ▼ -2.05
Kohinoor Spinning / Oct 5 Kohinoor Spinning Mills Limited(KOSM)	3,874,906 ▼ -0.17
K-Electric Ltd. / Oct 5 K-Electric Limited(KEL)	3,397,259 ▼ -0.15
B.O.Punjab / Oct 5 The Bank of Punjab(BOP)	3,000,801 ▼ -0.88

Most Popular