News Archives for Business & Finance - 2026-08-26

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Business & Finance - 2026-08-26

Markets

JPMorgan India options ban augurs faster crackdown

India's options frenzy is cooling as regulators intensify their crackdown on market manipulation and introduce stricter rules

Published 26 Aug, 2026 09:33pm

Stocks

India equity outlook cut again as foreign funds seek value elsewhere in Asia

India's market outlook cut for 2026/27, underperforming Asia as foreign investors exit for AI or cheaper opportunities

Published 26 Aug, 2026 09:27pm

Stocks

Gulf markets mixed as oil slides, investors assess Iran diplomacy

Saudi Arabia’s benchmark index rose 0.3%

Published 26 Aug, 2026 08:27pm

Stocks

Wall St muted ahead of Nvidia results, hot inflation fuels rate-hike bets

Dow Jones Industrial Average fell 21.54 points, or 0.04%, to 53,555.86

Published 26 Aug, 2026 07:52pm

Commodities

Gold drops 1% after in-line U.S. inflation data

Spot gold fell 1% to $4,611.79 per ounce

Published 26 Aug, 2026 07:35pm

Commodities

Zinc extends gains, hovers at four-year high on regional tightness

Benchmark three-month zinc on the London Metal Exchange rose 1.1% to $3,932 a metric ton

Published 26 Aug, 2026 05:54pm

Financial

India's Gaja Alternative Asset valued at $251.5 million in trading debut

India's first listed alternative asset manager, Gaja, empowers retail investors by expanding access to high-growth equity alternatives

Published 26 Aug, 2026 05:38pm

Financial

India's Dmart owner eyes debt market comeback after 7-year hiatus, bankers say

Avenue Supermarts (Dmart) returns to the debt market after seven years, seeking funds with its new AAA rating

Published 26 Aug, 2026 05:20pm

Commodities

Palm extends losses, falls nearly 2% on price rally, sluggish export demand

Dalian’s most-active soyoil contract rose 0.19%

Published 26 Aug, 2026 05:15pm

Financial

Prudential to sell 2% stake in ICICI Prudential AMC worth about $333 million

Prudential Plc is selling a 2% stake in ICICI Prudential AMC to comply with India's minimum public shareholding requirements

Published 26 Aug, 2026 05:12pm

Stocks

Indian shares fall as IT, Reliance drag; losses deepen in closing auction

Nifty 50 was 0.52% lower at 24,207.75 and the BSE Sensex 0.24% lower at 77,472.94

Published 26 Aug, 2026 04:58pm

South Asia

Medicover India hospitals to be profitable in 18 months, eyes 20-25% margins

Medicover India aims for all 25 hospitals to be profitable in 18 months, driven by strategic investment and increasing demand

Published 26 Aug, 2026 03:33pm

Business & Finance

Saudi business delegation visits SIFC to explore investment opportunities

Pakistan and Saudi Arabia are deepening their economic partnership, with a high-level Saudi delegation exploring diverse investment avenues through SIFC for mutual growth

Published 26 Aug, 2026 03:17pm

Stocks

European shares edge higher as oil falls; Nvidia earnings in focus

The pan-European STOXX 600 was ⁠up 0.1% at 657.34

Published 26 Aug, 2026 12:52pm

Energy

As war strands Qatari gas for 6 months, US sales rise and European stocks plummet

Saudi ⁠Arabia, the UAE, Iraq and Kuwait have seen their oil exports hit, but by nowhere near as much

Published 26 Aug, 2026 10:40am

Markets

China flexes its auto-safety chops with huge recall of Tesla, other cars

The ban on such minimalist designs, which were popularised by Tesla and imitated by Chinese EV makers, will apply to new models from next year

Published 26 Aug, 2026 10:17am

Energy

India's Adani Energy Solutions wins $493mn transmission project in Maharashtra

The project will transmit up to 4,500 MW of renewable and storage power, and be delivered within 36 months, the company said

Published 26 Aug, 2026 09:57am

Stocks

Indian shares gain as oil slides on Strait of Hormuz reopening hopes

The Nifty ‌50 added 0.17% to 24,374.50 and the BSE Sensex gained 0.41% to 77,979.32

Published 26 Aug, 2026 09:44am

Stocks

Asian stocks hesitant before Nvidia, oil slips on Hormuz hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.12% in early trading

Published 26 Aug, 2026 09:38am

Bullion Rate

Gold ticks lower, US inflation data in spotlight

Spot gold eased 0.3% to $4,642.74 per ounce

Published 26 Aug, 2026 09:33am

Forex

Dollar moves in a narrow range ahead of inflation data, Jackson Hole

The ‌US ⁠dollar weakened 0.1% against the Canadian dollar to C$1.38405 per dollar

Published 26 Aug, 2026 09:27am

Energy

Oil slips as investors focus on Hormuz talks

Brent crude futures were down 71 cents, or 0.8%, to $87.87 a barrel

Updated 26 Aug, 2026 08:38pm

Business & Finance

Senate body informed: Banks may remit USD800m to money transfer operators

ISLAMABAD: Pakistani Banks are likely to remit around USD 800 million to money transfer operators abroad to...

Published 26 Aug, 2026 06:17am

Business & Finance

Govt launches PRIE to boost exports

KARACHI: The federal government has announced a Performance-Based Rebate on Incremental Exports (PRIE), offering...

Published 26 Aug, 2026 06:11am

Business & Finance

Net metering applications: PD issues instructions to resolve backlog

ISLAMABAD: In a major step toward resolving the backlog of net-metering applications, the Power Division has...

Published 26 Aug, 2026 06:06am

Money & Banking

Bank holiday

KARACHI: The State Bank of Pakistan (SBP) and all banks will remain closed on Wednesday (today), August 26, 2026...

Published 26 Aug, 2026 04:57am

Pakistan

KP, MoR sign framework agreement on cooperation

PESHAWAR: The Government of Khyber Pakhtunkhwa and the Ministry of Railways (MoR) have signed a Framework Agreement...

Published 26 Aug, 2026 04:57am

Business & Finance

Housing finance rises to Rs307bn by mid-August

ISLAMABAD: The government has reviewed significant progress in expanding access to finance, with housing finance...

Published 26 Aug, 2026 04:57am

Money & Banking

JS Bank reports 105pc PAT growth in 1HCY26

KARACHI: JS Bank Limited on Tuesday announced its financial results for the half year ended June 30, 2026, reporting...

Published 26 Aug, 2026 04:57am

Energy

Oil settles down more than 3pc

Brent dropped $3.59, or 3.9%, to $88.58; WTI fell $2.65, or 3.1%, to $82.36

Updated 26 Aug, 2026 05:46am

Business & Finance

German envoy lauds Pakistan’s economic progress

ISLAMABAD: Ms. Ina Lepel, Ambassador of the Federal Republic of Germany to Pakistan, Tuesday called on the Minister...

Published 26 Aug, 2026 04:57am

Business & Finance

Petrol price up by Rs1.12, HSD’s by Rs1.11

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Tuesday notified increase in ex-depot prices of petrol and...

Published 26 Aug, 2026 04:57am

Industry

LCCI assures Beadon Road traders of continued support

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) President Faheem-ur-Rehman Saigol has assured traders of...

Published 26 Aug, 2026 04:57am

Industry

KCCI President rejects proposed FCA, QTA

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Rehan Hanif has categorically rejected the...

Published 26 Aug, 2026 04:57am

Business & Finance

CLPA urges timely implementation of agri biotech policy

LAHORE: The CropLife Pakistan Association (CLPA) has urged stakeholders in Pakistan’s seed and agriculture sectors...

Published 26 Aug, 2026 04:57am

Business & Finance

Auto Policy 2026-31: PAAPAM seeks safeguards against used-car imports

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has appealed to Prime...

Published 26 Aug, 2026 04:57am

Business & Finance

PAA, PSW ink MoU to digitise CTC collection

KARACHI: Pakistan Airports Authority (PAA) and Pakistan Single Window (PSW) have signed a Memorandum of...

Published 26 Aug, 2026 04:57am

Business & Finance

Meeting discusses transition to cashless economy

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

Published 26 Aug, 2026 04:57am

Companies

CCP clears IGI Investments’ acquisition of stake in Akzo Nobel

ISLAMABAD: The Competition Commission of Pakistan (CCP) has cleared IGI Investments (Private) Limited’s acquisition...

Published 26 Aug, 2026 04:57am

Business & Finance

IAIO committee formed: FBR to launch public complaint portal

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday constituted an Internal Affairs & Integrity Oversight...

Published 26 Aug, 2026 04:57am

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 2	157.85
USD to Swiss Franc / Oct 2	0.83
Pound Sterling to USD / Oct 2	1.32
Euro to USD / Oct 2	1.13
SOFR % / Oct 1	3.87

Stock	Volume
India Sensex / Oct 1	71,909.70
S&P 500 / Oct 2	7,722.72
Tokyo Nikkei / Oct 2	68,309.46
Nasdaq / Oct 2	27,190.86
Hang Seng / Oct 2	23,972.29
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

Item	Value
Crude Oil USD/Barrel / Oct 2	91.11
Karachi Cotton PKR/37.32 KG / Oct 2	18,280
Gold 10 Grams PKR / Oct 2	377,774
Gold Spot USD/Ounce / Oct 2	4,141.19
Cotton US¢/pound / Oct 2	78.88
Petrol/Litre / Oct 5	392.76
Diesel/Litre / Oct 5	399.64

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Oct 2 Dewan Sugar Mills Limited(DWSM)	7.21 ▲ 1 (16.1%)
Apna Microfin. / Oct 2 Apna Microfinance Bank Limited(AMBL)	19.88 ▲ 1.81 (10.02%)
Dandot Cement / Oct 2 Dandot Cement Company Limited(DNCC)	19.87 ▲ 1.81 (10.02%)
D.S. Ind. Ltd. / Oct 2 D.S. Industries Limited(DSIL)	17.25 ▲ 1.57 (10.01%)
Arpak Int. / Oct 2 Arpak International Investments Ltd.(ARPAK)	141.82 ▲ 12.89 (10%)
First Imrooz Mod. / Oct 2 First Imrooz Modaraba(FIMM)	315.63 ▲ 28.69 (10%)
Mandviwala / Oct 2 Mandviwala Mauser Plastic Industries(MWMP)	93.26 ▲ 8.48 (10%)
Noon Sugar / Oct 2 Noon Sugar Mills Limited(NONS)	87 ▲ 7.91 (10%)
Towellers Ltd. / Oct 2 Towellers Limited(TOWL)	132.36 ▲ 12.03 (10%)
Kohinoor Energy / Oct 2 Kohinoor Energy Limited(KOHE)	16.76 ▲ 1.52 (9.97%)

Stock	Price
F.Credit & Inv / Oct 2 First Credit and Investment Bank Limited(FCIBL)	35.70 ▼ -3.97 (-10.01%)
Ashfaq Textile / Oct 2 Ashfaq Textile Mills Limited(ASHT)	40.96 ▼ -4.55 (-10%)
Asim Textile / Oct 2 Asim Textile Mills Limited(ASTM)	112.10 ▼ -12.46 (-10%)
Buxly Paints / Oct 2 Buxly Paints Limited(BUXL)	418.57 ▼ -46.51 (-10%)
First Tri-Star Mod. / Oct 2 First Tri-Star Modaraba(FTSM)	39.63 ▼ -4.4 (-9.99%)
First Punjab Modaraba / Oct 2 First Punjab Modaraba(FPJM)	23.53 ▼ -2.61 (-9.98%)
Dadex Eternit / Oct 2 Dadex Eternit Limited(DADX)	131.41 ▼ -12.77 (-8.86%)
Barkat Frisian Agro / Oct 2 Barkat Frisian Agro Limited(BFAGRO)	28.51 ▼ -2.71 (-8.68%)
JS Global Cap. / Oct 2 JS Global Capital Limited(JSGCL)	137.38 ▼ -12.15 (-8.13%)
Oilboy Energy / Oct 2 Oilboy Energy Limited(OBOY)	17.03 ▼ -1.35 (-7.34%)

Stock	Volume
F. Nat.Equities / Oct 2 First National Equities Limited(FNEL)	42,508,520 ▲ 0.01
WorldCall Telecom / Oct 2 Worldcall Telecom Limited(WTL)	40,080,634 ▲ 0
D.S. Ind. Ltd. / Oct 2 D.S. Industries Limited(DSIL)	29,509,663 ▲ 1.57
First Punjab Modaraba / Oct 2 First Punjab Modaraba(FPJM)	28,172,021 ▼ -2.61
Kohinoor Spinning / Oct 2 Kohinoor Spinning Mills Limited(KOSM)	25,073,393 ▼ -0.27
K-Electric Ltd. / Oct 2 K-Electric Limited(KEL)	23,525,673 ▼ -0.09
Pak Int.Bulk / Oct 2 Pakistan International Bulk Terminal(PIBTL)	22,226,008 ▼ -0.51
Cnergyico PK / Oct 2 Cnergyico PK Limited(CNERGY)	20,891,792 ▼ -0.26
Pak Refinery / Oct 2 Pakistan Refinery Limited(PRL)	17,786,560 ▼ -0.87
Tasdeeq Info. Serv. / Oct 2 Tasdeeq Information Services Limited(TISL)	12,475,872 ▼ -0.11

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