News Archives for Business & Finance - 2026-08-08

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Business & Finance - 2026-08-08

Companies

SECP refers Blink Capital Management case to FIA over alleged Rs446.6 million fraud

Blink Capital Management was a licensed futures broker and market maker of Pakistan Mercantile Exchange Limited

Published 08 Aug, 2026 08:26pm

Commodities

Gold price per tola gains Rs2,200 in Pakistan

International rate of gold rises $22 to reach $4,341 per ounce

Updated 08 Aug, 2026 06:38pm

Business & Finance

Pakistan imports over 1mn tons of US soybeans annually, says envoy

Growing trade reflects both Pakistan’s expanding domestic demand, says Ambassador of Pakistan to the United States

Published 08 Aug, 2026 02:55pm

Agriculture and Allied

Policy drift leaves Pakistan's cotton sector searching for revival

Pakistan Central Cotton Committee facing host of challenges including acute shortage of staff

Published 08 Aug, 2026 01:31pm

Industries & Sectors

Govt sanctions Rs10bn for exporters under support schemes

Sanctioned funds are expected to provide much-needed liquidity support exporters, says minister

Updated 08 Aug, 2026 10:21pm

Energy

Jura Energy commences production from gas well in Pakistan

The Maru Lease covers an area of approximately 15.41 square kilometres and is situated across Punjab and Sindh

Published 08 Aug, 2026 10:42am

Business & Finance

Healthcare sector: Concerns voiced over current trend of Customs classification disputes

LAHORE: The current trend of Customs classification disputes in the country had raised serious concerns for the...

Published 08 Aug, 2026 08:14am

Money & Banking

H1 2026: Meezan Bank announces financial results

KARACHI: Meezan Bank has reported a Profit After Tax (PAT) of Rs 48.88 billion, achieving an annualized Return on...

Published 08 Aug, 2026 07:49am

Business & Finance

‘ME tensions placing additional pressure on developing economies’

HYDERABAD: Stressing the growing responsibility of socially responsible financial institutions in an increasingly...

Published 08 Aug, 2026 07:46am

Industry

Pakistan must accelerate digital economy through Chinese models: PCJCCI

LAHORE: Commercial Ambassador of Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI), Adeel Munawar, has...

Published 08 Aug, 2026 07:44am

Companies

Mari Energies reports highest-ever quarterly earnings

KARACHI: Mari Energies Limited (MARI) reported its highest-ever quarterly earnings in the fourth quarter of FY26,...

Published 08 Aug, 2026 06:56am

Pakistan

Nationwide strike: PPDA summons meeting Monday

KARACHI: The Pakistan Petroleum Dealers Association (PPDA) has convened an emergency meeting on Monday to decide...

Published 08 Aug, 2026 06:39am

Pakistan

FIA informs Senate panel: FBR officer ‘responsible’ for theft of cigarettes worth Rs250m

ISLAMABAD: The Federal Investigation Agency (FIA) on Friday informed a parliamentary body that its inquiry into the...

Published 08 Aug, 2026 06:37am

Energy

Petrol price cut by Rs2.20, HSD’s by Rs1.50

ISLAMABAD: The federal government has decreased the price of petrol from Rs329.82 per litre to Rs327.62 per litre,...

Published 08 Aug, 2026 06:33am

Business & Finance

PC receives 12 EOIs for FESCO acquisition

ISLAMABAD: The Privatisation Commission (PC) has received an overwhelming response from domestic and international...

Published 08 Aug, 2026 06:28am

Business & Finance

Petroleum products: Govt to restore Rs80/litre PL

ISLAMABAD: The government is set to gradually restore the petroleum levy (PL) on petrol and diesel to the budgeted...

Published 08 Aug, 2026 06:24am

USA

US unexpectedly loses thousands of jobs in July

WASHINGTON: The United States unexpectedly lost thousands of jobs in July, government data showed Friday, a blow to...

Updated 08 Aug, 2026 07:00am

Companies

1LINK welcomes new board of directors

KARACHI: 1LINK (Private) Limited, Pakistan’s first fully licensed and designated Payment System Operator (PSO),...

Published 08 Aug, 2026 04:54am

Business & Finance

LCCI, textile millers for joint strategy to revive textile industry

LAHORE: The Lahore Chamber of Commerce (LCCI) and Pakistan Textile Mills Association (PTMA) discussed the challenges...

Published 08 Aug, 2026 04:54am

Business & Finance

E-IMS enforcement: PRA rolls out zero-tolerance policy

LAHORE: The Punjab Revenue Authority (PRA) has rolled out a zero-tolerance policy for the province-wide enforcement...

Published 08 Aug, 2026 04:54am

Pakistan

Unpacked edible oil, milk: Minister orders nationwide quality survey

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has ordered a nationwide...

Published 08 Aug, 2026 04:54am

Business & Finance

Finance Act 2026: PALSP welcomes new steel sector tax framework

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has welcomed the new steel sector tax framework...

Published 08 Aug, 2026 04:54am

Business & Finance

Govt to support SMEs in adopting modern economic models: Cheema

ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema has said the government is set to pursue a home-grown...

Published 08 Aug, 2026 04:54am

Business & Finance

Kashtkar Ittihad seeks protection for tobacco growers

ISLAMABAD: Kashtkar Ittihad (KI) on Friday urged the federal government to protect tobacco growers, who contribute...

Published 08 Aug, 2026 04:54am

Business & Finance

Jam, Belarus envoy review bilateral economic ties, JMC preparations

ISLAMABAD: Ambassador of the Republic of Belarus to Pakistan Andrei Metelitsa met with Federal Minister for Commerce...

Published 08 Aug, 2026 04:54am

Energy

Brent climbs USD 1 on uncertainty over end to war

Brent settled at $83.55, up 1.3%; WTI finished $78.18, gaining 1.15%

Updated 08 Aug, 2026 07:20am

Business & Finance

Rehman-8 ST-3 well: Govt declares Pab as tight gas reservoir

ISLAMABAD: The government has declared Pab reservoir in Rehman-8 ST-3 well as a tight gas reservoir, in accordance...

Published 08 Aug, 2026 04:54am

Business & Finance

FBR includes sector E-8 in Islamabad property valuation

ISLAMABAD: The Federal Board of Revenue (FBR) has included residential and commercial immovable properties including...

Published 08 Aug, 2026 04:54am

Markets

Govt decreases petrol price by Rs2.20, diesel's by Rs1.50 per litre for next 3 days

New prices will be effective from Saturday till Monday

Published 08 Aug, 2026 12:06am

Previous Day

BR100
BR30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 5	277.26
USD PKR Interbank Buying / Oct 5	277.06
USD to Japanese Yen / Oct 6	158.21
USD to Swiss Franc / Oct 6	0.83
Pound Sterling to USD / Oct 6	1.32
Euro to USD / Oct 6	1.12
SOFR % / Oct 2	3.88

Stock	Volume
S&P 500 / Oct 5	7,773.95
Nasdaq / Oct 5	27,477.31
Dow Jones / Oct 5	51,267.90
India Sensex / Oct 6	72,718.87
Tokyo Nikkei / Oct 6	70,719.03
Hang Seng / Oct 6	24,215.18
FTSE 100 / Oct 6	10,579.65
Germany DAX 30 / Oct 6	25,473.40
France CAC40 / Oct 6	7,872.05

Item	Value
Gold 10 Grams PKR / Oct 5	375,116
Petrol/Litre / Oct 6	393.64
Crude Oil USD/Barrel / Oct 6	89.87
Karachi Cotton PKR/37.32 KG / Oct 6	18,480
Gold Spot USD/Ounce / Oct 6	4,121.71
Diesel/Litre / Oct 6	397.76
Cotton US¢/pound / Oct 6	80.87

Gainers
Losers
Leaders

Stock	Price
LSE Financial Serv. / Oct 6 LSE Financial Services Limited(LSEFSL)	3.90 ▲ 0.58 (17.47%)
Paramount Mod / Oct 6 First Paramount Modaraba(FPRM)	14.36 ▲ 1.31 (10.04%)
Samba Bank / Oct 6 Samba Bank Limited(SBL)	14.15 ▲ 1.29 (10.03%)
Sindh Modaraba / Oct 6 Sindh Modaraba(SINDM)	37.79 ▲ 3.44 (10.01%)
Dadex Eternit / Oct 6 Dadex Eternit Limited(DADX)	159.01 ▲ 14.46 (10%)
ICC Industries / Oct 6 ICC Industries Limited(ICCI)	14.30 ▲ 1.3 (10%)
Noon Sugar / Oct 6 Noon Sugar Mills Limited(NONS)	90.56 ▲ 8.23 (10%)
Shadman Cotton / Oct 6 Shadman Cotton Mills Limited(SHCM)	67.35 ▲ 6.12 (10%)
Lse Spac-I Ltd. / Oct 6 Lse Spac-I Limited(SPAC1)	21.49 ▲ 1.95 (9.98%)
Cresent Jute / Oct 6 Crescent Jute Products Limited(CJPL)	15.48 ▲ 1.28 (9.01%)

Stock	Price
Asim Textile / Oct 6 Asim Textile Mills Limited(ASTM)	90.80 ▼ -10.09 (-10%)
Buxly Paints / Oct 6 Buxly Paints Limited(BUXL)	339.04 ▼ -37.67 (-10%)
First Imrooz Mod. / Oct 6 First Imrooz Modaraba(FIMM)	279.86 ▼ -31.09 (-10%)
Khyber Tobacco / Oct 6 Khyber Tobacco Company Limited(KHTC)	260.57 ▼ -28.95 (-10%)
Popular Islamic / Oct 6 Popular Islamic Modaraba(PIM)	71.12 ▼ -7.9 (-10%)
S.S.Oil / Oct 6 S.S.Oil Mills Limited(SSOM)	430.43 ▼ -47.83 (-10%)
ARM Green Industries / Oct 6 ARM Green Industries Limited(ARMG)	44.05 ▼ -4.89 (-9.99%)
Pak Agro Pack. (GEM) / Oct 6 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.70 ▼ -1.05 (-9.77%)
Mughal Energy / Oct 6 Mughal Energy Limited(GEM)(GEMMEL)	37.25 ▼ -3.84 (-9.35%)
Crescent Fib. / Oct 6 Crescent Fibres Limited(CFL)	53.40 ▼ -5.2 (-8.87%)

Stock	Volume
Cnergyico PK / Oct 6 Cnergyico PK Limited(CNERGY)	36,773,144 ▲ 0.6
K-Electric Ltd. / Oct 6 K-Electric Limited(KEL)	22,231,092 ▼ -0.04
Pak Int.Bulk / Oct 6 Pakistan International Bulk Terminal(PIBTL)	19,264,767 ▲ 0.41
WorldCall Telecom / Oct 6 Worldcall Telecom Limited(WTL)	18,219,154 ▲ 0
Pak Refinery / Oct 6 Pakistan Refinery Limited(PRL)	17,460,644 ▲ 3.8
D.S. Ind. Ltd. / Oct 6 D.S. Industries Limited(DSIL)	10,095,289 ▲ 0.24
Kohinoor Spinning / Oct 6 Kohinoor Spinning Mills Limited(KOSM)	8,226,016 ▲ 0.2
B.O.Punjab / Oct 6 The Bank of Punjab(BOP)	7,910,670 ▲ 0.72
Maple Leaf Cement / Oct 6 Maple Leaf Cement Factory Limited(MLCF)	5,963,271 ▲ 2.88
First Punjab Modaraba / Oct 6 First Punjab Modaraba(FPJM)	5,710,034 ▲ 0.66

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