News Archives for Business & Finance - 2026-09-01

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Business & Finance - 2026-09-01

Markets

Petrol price rises Rs1.08, diesel up Re0.51 per litre

New prices will be effective for Wednesday, September 2

Published 01 Sep, 2026 10:49pm

Business & Finance

Naya Nazimabad Apartment REIT book-building fully subscribed 'within first hour'

Two-day book-building process commenced on Sept 1 and will continue through Sept 2

Published 01 Sep, 2026 08:50pm

Companies

VinFast puts the brakes on manufacturing some cars in India, sources and memo say

VinFast has suspended local EV manufacturing for three models in India, reassessing costs and its approach to the challenging market

Published 01 Sep, 2026 08:21pm

Stocks

India to begin borrowing talks this week as traders seek more ultra-long bonds

As India plans H2 borrowing, investors are pressing for more ultra-long bonds to meet rising demand from long-term funds

Published 01 Sep, 2026 06:51pm

Stocks

Technology stocks drag Sri Lankan shares lower

CSE All-Share index settled 0.95% lower at 21,318.31 points

Published 01 Sep, 2026 06:48pm

Stocks

Gulf equities mixed amid escalating US-Iran conflict; Qatar gains

Saudi Arabia’s benchmark index fell 0.2%

Published 01 Sep, 2026 06:45pm

South Asia

India's current account widens marginally in April-June, RBI data shows

RBI reports India's current account deficit widened in Q1, driven by higher commodity prices and a larger trade gap

Published 01 Sep, 2026 06:38pm

Companies

Ambani's Reliance to launch ice cream brand with products starting at 10 cents

Reliance Consumer Products enters India's ice-cream market with its new brand, Bombay Creamery, starting at an aggressive 10 rupees

Published 01 Sep, 2026 05:53pm

Energy

Saudi Aramco and Sonatrach raise LPG prices for September

Saudi Aramco and Sonatrach have raised September LPG prices, signaling higher costs for this crucial energy source globally

Published 01 Sep, 2026 05:48pm

Companies

Tribhovandas Bhimji Zaveri soars to record high on growth optimism after GRT Jewellers deal

A major deal sees GRT Jewellers taking control of TBZ, sparking a 20% share surge and new growth opportunities for the historic brand

Published 01 Sep, 2026 05:44pm

South Asia

Indian court orders probe in Fortis asset diversion case, Malaysia's IHH says

India's Delhi High Court has ordered a forensic audit into alleged asset dissipation by former Fortis Healthcare promoters

Published 01 Sep, 2026 05:41pm

Business & Finance

Pakistan inflation clocks in at 11.1% in August 2026

Consumer price index stood at 9.2% in July

Updated 01 Sep, 2026 06:09pm

Energy

India's coal-fired power generation growth slows in August, renewables up

India's coal-fired electricity growth slowed in August as renewable power generation surged by over 42%, even amidst high demand from a heatwave

Published 01 Sep, 2026 05:37pm

Financial

Capri Global taps dollar market with debut debt issue after banks hit pause

Capri Global Capital targets $300-$500 million in its debut dollar bond, joining a growing trend of Indian firms tapping foreign currency markets

Published 01 Sep, 2026 05:01pm

Stocks

London stocks slide as rising gilt yields weigh; Reckitt gains

The export-focused FTSE 100 index dropped 1% to a two-week low of 10,725.6 points

Published 01 Sep, 2026 04:53pm

Commodities

India revives talks with Zambia to invest in critical minerals, sources say

India re-engages Zambia to invest in copper and critical minerals, a strategic move to meet its escalating demand for raw materials

Published 01 Sep, 2026 04:49pm

South Asia

India preparing rollout of agentic payments on UPI, sources say

India's UPI will enable AI agents for seamless small payments, leveraging its 24.51 billion monthly transactions to usher in a new digital commerce era

Published 01 Sep, 2026 04:34pm

South Asia

India busts firm faking expiry dates, nutrition labels on PepsiCo, Nestle food exports

Mumbai officials busted an organized racket using chemicals and machines to falsify expiry dates on popular food brands destined for export

Published 01 Sep, 2026 04:29pm

Business & Finance

Pakistan kicks off process for dual-tranche dollar Eurobond

Process offers five-year and 10-year tenors

Published 01 Sep, 2026 04:25pm

Commodities

Zinc and copper driven up by supply fears before retreating on strong dollar

Benchmark three-month zinc on the London Metal Exchange was up 1.3% at $3,933 a metric ton

Published 01 Sep, 2026 04:20pm

Commodities

Palm climbs over 1% on stronger rival oils, crude

Dalian’s most-active soyoil contract rose 0.94%

Published 01 Sep, 2026 04:17pm

Stocks

Indian shares edge lower on higher crude prices, bond yields; banks, autos lead losses

Nifty 50 fell 0.1% to 24,055.8 and the BSE Sensex shed 0.02% to 76,944.28

Published 01 Sep, 2026 04:08pm

Forex

RBI intervention, dollar flows push Indian rupee to two-month peak

Indian rupee settled above the 95 to the dollar mark for the first time in two months

Published 01 Sep, 2026 04:05pm

Stocks

Foreign buying in Indian stocks hits 23-month high in August, depository data shows

Renewed foreign investment flowed into Indian stocks in August, driven by strong company earnings and central bank support

Published 01 Sep, 2026 04:03pm

Companies

HBL PMI: Manufacturing activity hits highest level since war began

The HBL Pakistan Manufacturing PMI inched up to 51.8 in August 2026, from 51.7 in July, reaching its highest level...

Published 01 Sep, 2026 03:58pm

Exchange

Pakistan rupee registers gain against US dollar

Settles at 277.46

Updated 01 Sep, 2026 06:55pm

Companies

Fauji Foundation acquires majority stake in Askari General Insurance

51% shares were transferred from AWT to FF at carrying cost

Published 01 Sep, 2026 01:17pm

Stocks

European stocks muted as bond selloff continues; Reckitt jumps

The pan-European STOXX 600 was up 0.04% at 651.35 points

Published 01 Sep, 2026 12:54pm

Mutual Funds

UK 10-year gilt yields hit highest since 2008 as Iran war reignites inflation fears

Ten-year gilt yields rose to their highest since June 2008 at around 5.23%, up 7 basis points on the day

Published 01 Sep, 2026 12:52pm

Commodities

Gold price per tola drops Rs800 in Pakistan

Reaches 465,336

Updated 01 Sep, 2026 06:22pm

Markets

Indonesia August inflation edges up

Statistics Indonesia will release core inflation and July trade data later on Tuesday

Published 01 Sep, 2026 11:35am

Markets

Iran war could keep inflation high, ECB policymaker Rehn warns, FT reports

'We must show no complacency in the face of these inflationary pressures,' Rehn told the newspaper

Published 01 Sep, 2026 11:29am

Mutual Funds

US Treasury selloff pushes India 10-year bond yield towards 7%

The yield on the benchmark 6.94% 2036 bond was at 6.9559%

Published 01 Sep, 2026 11:27am

Markets

India's factory growth at five-year low in August on weakening demand, PMI shows

A PMI reading above 50.0 indicates growth in activity

Published 01 Sep, 2026 11:26am

Markets

Indonesia exports rise 6.05% annually in July, beating expectations

July imports rose 27.02%, above the 24% expected in the poll, Statistics Indonesia said

Published 01 Sep, 2026 11:20am

Commodities

Chicago wheat falls as Turkey prepares Black Sea grain passage plan

Soybeans gained, while corn dropped

Published 01 Sep, 2026 11:12am

Commodities

Indonesia January-July coal export volume down 6.17% y/y, stats bureau data shows

The shipments were worth $14.47 billion, 4.75% higher than the corresponding period in 2025

Published 01 Sep, 2026 11:11am

Mutual Funds

Japan's benchmark 10-year bond yield reaches 3% level for first time in 30 years

The 10-year JGB yield has more than tripled in two years

Published 01 Sep, 2026 11:10am

Forex

Yuan holds near 3-1/2-year peak as central bank slows gains

The offshore yuan traded at 6.721 yuan per dollar, down about 0.05% in Asian trade

Published 01 Sep, 2026 11:08am

Commodities

Zinc hits more than four-year high on supply fears

Benchmark three-month zinc on the London Metal Exchange was up 2.34% at $3,974 a metric ton

Published 01 Sep, 2026 11:03am

Commodities

Indonesia January-July palm oil export volume down 1% y/y, data shows

The shipments were valued at $14.79 billion, up 5.49% from the first seven months of 2025

Published 01 Sep, 2026 10:54am

Stocks

Australian shares fall on losses in tech, discretionary stocks; US-Iran clashes resume

The S&P/ASX 200 index fell 0.4% to 9,040.30

Published 01 Sep, 2026 10:52am

Forex

Australia, NZ dollars pause near multi-month peaks as bond selloff deepens

The kiwi dollar was flat at $0.5916, having barely budged overnight

Published 01 Sep, 2026 10:50am

Stocks

Japan's Nikkei wobbles as AI stock selloff, rising bond yields weigh

The tech-heavy Nikkei was down 0.2% at 66,173.86

Published 01 Sep, 2026 10:45am

Stocks

China stocks flat as defensive plays offset tech weakness

At the midday break, the Shanghai Composite index was up 0.03% at 3,987.56 points

Published 01 Sep, 2026 10:44am

Companies

Engro exits EPCL after three decades, sells stake to Lotte Chemical Pakistan for $71mn

SPA comes following a restructuring in 2025

Published 01 Sep, 2026 10:21am

Stocks

KSE-100 Index closes over 500 points lower after volatile trading

Benchmark index settles at 176,466.99

Updated 01 Sep, 2026 06:46pm

Stocks

Shein shares slide in long-awaited Hong Kong trading debut

The stock began trading at HK$48.56 each, in line with the final price set in the initial public ‌offering that raised $1.7 billion and valued Shein at $26.5 billion

Published 01 Sep, 2026 08:20am

Energy

Oil prices rise 2% as US-Iran fighting stokes supply fears

Brent futures rose $1.55, or 1.7%, to $92.04 a barrel

Updated 01 Sep, 2026 08:46pm

Stocks

Indian shares to open higher on strong growth data; Middle East jitters could temper optimism

GIFT Nifty futures were at 24,178 points

Published 01 Sep, 2026 08:05am

Bullion Rate

Gold muted as traders await US jobs data, monitor Mideast tensions

Spot gold was down 0.3% at $4,437.10 per ounce

Published 01 Sep, 2026 08:02am

Stocks

Bond selloff pressures stocks as oil crosses $91 a barrel

Japan's Nikkei dipped 0.2% in early trade and the Hang Seng fell 0.7%, with the tone set by the lacklustre debut of clothier Shein Global

Published 01 Sep, 2026 07:57am

Forex

Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles

The yen last bought 159.81 per dollar, having weakened past the 160 level in the two previous sessions

Published 01 Sep, 2026 07:53am

World

US vows to keep economic pressure on Iran

ASHEVILLE, (United States): US Treasury Secretary Scott Bessent vowed Monday to persist with economic pressure on...

Published 01 Sep, 2026 04:49am

Business & Finance

Khadijah Women Entrepreneurship Programme: PSW, TDAP host two sessions in Sialkot, Gujranwala

ISLAMABAD: Continuing efforts to increase female participation in international trade, the Pakistan Single Window...

Published 01 Sep, 2026 04:49am

Business & Finance

Alleged misuse of funds: SECP findings lead to FIA case against food co

ISLAMABAD: An inspection and subsequent actions, including the initiation of investigation proceedings by the...

Published 01 Sep, 2026 04:49am

Pakistan

‘Give-and-take’ arrangement: Chinese firm accuses authorities of forcing it to accept their conditions

ISLAMABAD: M/s China Huaneng, the Chinese company that owns and operates the 1,320-MW Sahiwal coal-fired power...

Published 01 Sep, 2026 04:49am

Pakistan

OICCI pushes Pakistan to strengthen climate resilience

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed deep sorrow over the...

Updated 01 Sep, 2026 06:46am

Energy

Petrol price hiked by 77 paise, HSD’s cut by Rs1.03

ISLAMABAD: In the wake of rising international crude costs, the government on Friday adjusted the fuel prices for...

Published 01 Sep, 2026 04:49am

USA

Trump to meet US oil execs as Iran war keeps price high

WASHINGTON: US President Donald Trump will meet oil refining executives on Tuesday as he tries to tame gas prices...

Published 01 Sep, 2026 04:49am

Business & Finance

Consensus reached on GM, non-GM maize coexistence framework

ISLAMABAD: Pakistan has moved a step closer to commercialising genetically modified (GM) corn as a government...

Published 01 Sep, 2026 04:49am

Business & Finance

FPCCI urges govt to rationalise petroleum prices

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

Published 01 Sep, 2026 04:49am

Energy

Oil prices surge over 2pc

NEW YORK: Oil prices jumped more than two percent on Monday, with the Brent international benchmark rising above USD...

Updated 01 Sep, 2026 07:02am

Business & Finance

Export to KSA: Fruit industry highlights potentials, challenges

KARACHI: Pakistan’s value-added fruit industry has highlighted key challenges and proposed practical solutions to...

Published 01 Sep, 2026 04:49am

Industry

LCCI launches trade and industry directory

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has launched its Directory of Trade and Industry 2026, a...

Published 01 Sep, 2026 04:49am

Business & Finance

SDPI, UNICEF organise discussion on future financing

ISLAMABAD: With provincial fiscal space tightening and demand for essential services rising, government...

Published 01 Sep, 2026 04:49am

Business & Finance

BoK, Sarhad Chamber discuss SME financing, business support

PESHAWAR: Bank of Khyber (BoK) held a meeting with President Sarhad Chamber of Commerce & Industry (SCCI),...

Published 01 Sep, 2026 04:49am

Business & Finance

LPG price rises

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Monday notified LPG rates for September, raising the price...

Published 01 Sep, 2026 04:49am

Business & Finance

FPCCI welcomes NEPRA PSDR 2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the NEPRA Performance...

Published 01 Sep, 2026 04:49am

Companies

IMC records impressive 33pc growth in unit sales

KARACHI: Indus Motor Company Limited (IMC) closed the fiscal year ended June 30, 2026 with an impressive 33 percent...

Published 01 Sep, 2026 04:49am

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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