News Archives for Business & Finance - 2026-08-27

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Business & Finance - 2026-08-27

Markets

Petrol price cut by Re0.50, diesel by Re0.19 per litre

New prices will be effective for Friday, August 28

Published 27 Aug, 2026 11:09pm

Business & Finance

SBP-held forex reserves rise $17mn to $17.10bn

Total liquid foreign reserves stand at $22.59 billion

Published 27 Aug, 2026 08:52pm

Financial

India bond traders see RBI stepping up liquidity withdrawal as it paves way for rate hikes

RBI will use long-term tools to absorb India's massive banking liquidity surplus, paving the way for tighter monetary policy

Published 27 Aug, 2026 07:43pm

South Asia

S&P maintains India rating on policy stability, infrastructure push

S&P affirms India's 'BBB/A-2' rating, projecting 6.6% GDP growth this year, balancing strong prospects with fiscal challenges

Published 27 Aug, 2026 07:20pm

Stocks

Gulf markets close mixed as investors assess U.S.-Iran diplomacy

Dubai’s main index rose 0.3%

Published 27 Aug, 2026 07:17pm

Markets

India's RBI gives banks more flexibility in swapping overseas dollar deposits

RBI allows banks more frequent dollar-rupee swaps to manage large NRI inflows before the deposit scheme deadline

Published 27 Aug, 2026 07:12pm

Companies

Nestle wants India to consult on food-labelling rules amid debate on packaging warnings

Nestle's push for input on India's health labels ignites debate over corporate influence versus urgent public health needs

Published 27 Aug, 2026 07:09pm

Industry

Saudi’s Asyad Group eyes Pakistan airport privatisation

The Finance Minister welcomed the continued interest of Saudi investors in Pakistan

Published 27 Aug, 2026 04:55pm

Companies

45 Indian coal power plants have critical low fuel, government data shows

India's power plants face critical coal shortages, exacerbated by monsoon disruptions and rising demand from El Nino

Published 27 Aug, 2026 04:49pm

South Asia

India's nuclear ambitions may be blunted by limits on foreign reactor technology

India's new nuclear framework risks stalling energy goals by imposing complex approval hurdles and deterring crucial foreign investment

Published 27 Aug, 2026 04:40pm

Stocks

Britain's FTSE 100 slips as Nvidia optimism fails to lift market

The blue-chip FTSE 100 index fell 0.5% to 10,820.66 points

Published 27 Aug, 2026 04:34pm

Markets

Bank of Baroda debt raise tops $1 billion under central bank's window

Bank of Baroda raises $1.1 billion in dollar bonds, part of a major push by Indian banks before a critical funding deadline

Published 27 Aug, 2026 04:25pm

Commodities

Zinc snaps six-day rally as rising stocks ease tightness

Benchmark three-month zinc on the London Metal Exchange was down 1% at $3,855 a metric ton

Published 27 Aug, 2026 04:23pm

Commodities

Palm extends losses to third session on weak demand, expectations of higher output

Dalian’s most-active soyoil contract rose 0.78%

Published 27 Aug, 2026 04:20pm

Money & Banking

HDFC Bank slips to 2-1/2-year low as legal, leadership woes linger

India's HDFC Bank faces a U.S. class-action lawsuit, leadership uncertainty, and mis-selling allegations, driving its shares to a 2.5-year low

Published 27 Aug, 2026 04:17pm

Companies

Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India

A Singapore MP strongly opposes using state investor Temasek's funds to prop up Air India, sparking a crucial debate

Published 27 Aug, 2026 04:11pm

Stocks

Indian shares buck broader Asian gains as HDFC Bank drags

Nifty 50 fell 0.48% to 24,090.85 and the BSE Sensex slipped 0.7% to 76,933.59

Published 27 Aug, 2026 04:05pm

Forex

Indian rupee dips, reversing intraday gains, as importer dollar demand dominates

Indian rupee ended at 95.54 per U.S. dollar

Published 27 Aug, 2026 04:03pm

Business & Finance

Pakistani startup ABHI partners with Saudi’s NOX Group

NOX Group employees will be able to access a portion of their earned salary in real time before their regular payday

Published 27 Aug, 2026 04:01pm

Technology

PTA orders 180-day validity on every prepaid recharge

Decision aimed at protecting millions of prepaid users from permanent loss of their unused balance

Published 27 Aug, 2026 03:50pm

Exchange

Pakistan rupee records gain against US dollar

Settles at 277.51 against greenback

Updated 27 Aug, 2026 09:47pm

Industry

Senate panel to take up chemicals & dyes sector issues, Mandviwalla assures PCDMA

The Committee would invite the FBR, the Ministry of Finance and other relevant departments to discuss the sector’s concerns

Published 27 Aug, 2026 02:37pm

Technology

'Pakistan’s natural wealth could unlock trillion-dollar carbon, biodiversity market'

Pakistan needs to create bankable and investable projects, says Faraz Khan, a sustainability professional who was conferred with the Order of the British Empire award in 2023 for his services to UK-Pakistan relations

Updated 27 Aug, 2026 03:45pm

Commodities

Gold price per tola drops Rs3,500 in Pakistan

International rate of gold declines by $35 to reach $4,605 per ounce

Updated 27 Aug, 2026 06:21pm

Energy

Wafi Energy Pakistan posts Rs641mn loss in Q2 as global energy disruptions hit

This has been a demanding half for the industry, with disruption to global supply routes and continued volatility in costs, says CEO

Published 27 Aug, 2026 01:46pm

Energy

OPEC+ loses oil market sway in Iran war as China gains influence

The war, which has shut a major export route for Middle Eastern oil and damaged energy infrastructure in several OPEC countries

Published 27 Aug, 2026 12:28pm

Technology

Following Google, US tech firm Mobiz opens regional office in Karachi

Pakistan has vast opportunities to become a regional technology and global services hub, says SECP Chairman

Published 27 Aug, 2026 12:23pm

Forex

China's yuan edges higher in tight range as investors await Fed guidance at Jackson Hole

The spot yuan opened at 6.7215 per dollar and was last trading at 6.7217

Published 27 Aug, 2026 12:00pm

Stocks

South Korean shares rise on Nvidia chip boost; BOK in focus

The benchmark KOSPI was up 83.00 points

Published 27 Aug, 2026 11:55am

Markets

BOK delivers back-to-back rate hikes, remains hawkish

The BOK also revised up this year’s growth estimate to 3.3% from the 2.6% projected in July

Published 27 Aug, 2026 11:45am

Commodities

Chicago wheat extends rally on Black Sea conflict concerns

Corn and soybeans fell

Published 27 Aug, 2026 11:40am

Forex

Thai baht/US dollar weaker on Thursday

The baht was 0.08% lower at 32.83 versus the dollar, after trading in a range of 32.790 to 32.885

Published 27 Aug, 2026 11:34am

Stocks

Australian stocks slip on weakness in miners, staples; rate hike concerns weigh

The S&P/ASX 200 index fell 0.6% to 9,074.90

Published 27 Aug, 2026 11:20am

Stocks

Japan's Nikkei reverses early gains as Nvidia supplier Advantest falls

The Nikkei was down 0.14% at 66,170.13

Published 27 Aug, 2026 11:18am

Markets

Thai July exports rise 21.6% y/y, beating forecast as factory output rises

Thailand recorded a trade deficit of $3.61 billion for July, compared with a poll of a $5.38 billion deficit

Published 27 Aug, 2026 11:12am

Stocks

China stocks climb on Nvidia-led AI hardware rally; Hong Kong lags

Hong Kong benchmark Hang Seng was down 0.4%

Published 27 Aug, 2026 11:09am

Mutual Funds

India bonds decline as debt supply caution overpowers oil moves

The yield on the benchmark 6.94% 2036 bond was at 6.8619% as of 10:30 a.m. IST after closing at 6.8488% on Tuesday

Published 27 Aug, 2026 10:54am

Forex

Australian dollar holds near 12-week peaks, bonds slide on rate risk

The Aussie rose 0.2% to $0.7184, having hit a 12-week top of $0.7189 overnight before paring gains

Published 27 Aug, 2026 10:50am

Commodities

Palm rises on bargain buying, stronger rival Dalian

Palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 35 ringgit, or 0.72%, at 4,887 ringgit ($1,214) a metric ton

Published 27 Aug, 2026 10:44am

Markets

Govt mulls replacing gas subsidy slabs with single price

No gas load shedding for K-Electric, industrial consumers and fertiliser plants, meeting told

Published 27 Aug, 2026 10:44am

Stocks

PSX: KSE-100 ends flat amid late selling

KSE-100 Index settles at 177,322.77

Updated 27 Aug, 2026 06:48pm

Markets

Qantas has seen rebound in demand for Australia-US flights, executive says

*The ⁠airline is 'very happy' with the performance of the Australia-US routes in the last six months, Qantas International and Freight CEO Cam Wallace told analysts

Published 27 Aug, 2026 08:26am

Bullion Rate

Gold drifts higher, eyes on Fed Chair Warsh's comments

Spot gold was up 0.8% at $4,630.09 per ounce

Published 27 Aug, 2026 08:22am

Markets

Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run

The chip company’s shares rose nearly 5% in extended trading, after having dipped over 1% initially

Published 27 Aug, 2026 08:12am

Stocks

Asian stocks rise for third day as Nvidia beats

MSCI’s broadest index of Asia-Pacific shares excluding Japan was up 0.7%

Published 27 Aug, 2026 08:08am

Forex

Indian rupee seen steady after holiday as Fed hike risk, hedging balance out RBI, oil relief

The Indian rupee is expected to open in the 95.40-95.44 range, per traders, having settled 0.35% higher at 95.4125 to the dollar on Tuesday

Published 27 Aug, 2026 08:03am

Stocks

Indian shares set for higher open as oil eases

GIFT ‌Nifty futures were at 24,360.50 points

Published 27 Aug, 2026 08:00am

Forex

Dollar near eight-day high as US data lifts Fed hike bets

Against the yen , the dollar ‌traded at ⁠159.23, having given back most of its intervention gains but still well off a multi-decade low of about 164

Updated 27 Aug, 2026 03:47pm

Energy

Oil rises by over $1 as White House says no US-Iran talks happening

Brent crude futures climbed $1.08, or 1.23%, to $88.92 a barrel

Updated 27 Aug, 2026 09:21pm

World

Meta agrees to pay $18 billion to settle US lawsuits over children's social media addiction

The focus of this case was to protect our kids

Published 27 Aug, 2026 12:30am

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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