News Archives for Business & Finance - 2026-09-05

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Business & Finance - 2026-09-05

Business & Finance

Off-price retailer Ministry of Brands opens first Pakistan outlet

MOB first launched in Sri Lanka in early 2026 and has since begun its regional expansion into South Asia

Published 05 Sep, 2026 10:50pm

Companies

YANA marks MoltyFoam's next step in AI-driven customer engagement

The best digital experiences often feel less digital than expected. They do not ask customers to understand...

Published 05 Sep, 2026 09:26pm

Commodities

Gold price drops by Rs3,600 per tola in Pakistan

International rate of gold declines $36 to reach $4,430 per ounce

Published 05 Sep, 2026 01:59pm

Business & Finance

Power Division resolves 11,695 pending net metering cases

Says verification and validation process for the remaining 4,959 applications currently underway

Published 05 Sep, 2026 01:35pm

Markets

Foxconn says third quarter to outperform market expectations on AI strength

Foxconn, Nvidia’s biggest server maker and a major Apple supplier, has been a big beneficiary of the trend towards AI

Published 05 Sep, 2026 01:11pm

World

Weather, war push up food prices: FAO

PARIS: Food price inflation accelerated in August as drought and conflicts impacted commodity markets, with sugar...

Published 05 Sep, 2026 07:14am

Energy

US diesel price hits new high

WASHINGTON: The price of diesel — the vital fuel used for road hauling, agriculture and construction — hit a new...

Published 05 Sep, 2026 07:08am

World

US targets Turkish entities with Iran-related sanctions

WASHINGTON: The US Treasury Department said on Friday it imposed new Iran-related sanctions on a small Turkish...

Published 05 Sep, 2026 06:55am

Energy

Oil slides, heads for weekly gain

Brent crude futures down 23 cents or 0.24 percent at USD 95.29 a barrel

Updated 05 Sep, 2026 11:49am

Business & Finance

MoF working on rupee-denominated, dollar-settled bond: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Friday said the Ministry of Finance was working on a...

Published 05 Sep, 2026 05:20am

Business & Finance

SMEDA, SBP explore cluster-based lending for SMEs

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with the State Bank of...

Published 05 Sep, 2026 04:59am

Business & Finance

PIBF launches campaign against petroleum levy

LAHORE: The Pakistan International Business Forum (PIBF) has announced a nationwide “Say No to Petroleum Levy Tax”...

Published 05 Sep, 2026 04:59am

Companies

PAEC, PSO forge strategic partnership for efficient fuel supply

ISLAMABAD: Pakistan Atomic Energy Commission (PAEC) and Pakistan State Oil (PSO) have signed an agreement for the...

Published 05 Sep, 2026 04:59am

Companies

IPAK unveils new generation of packaging films

LAHORE: International Packaging Films Limited (IPAK) has unveiled a new generation of advanced flexible packaging...

Published 05 Sep, 2026 04:59am

Business & Finance

KPT handles 174,979 metric tons of cargo in 24 hours

KARACHI: The Karachi Port has maintained its high level of operational activity over the past 24 hours, handling a...

Published 05 Sep, 2026 04:59am

Companies

JazzCash onboards 1.7m merchants onto Raast

KARACHI: JazzCash has emerged as a key player in the government’s drive to document Pakistan’s informal economy,...

Published 05 Sep, 2026 04:59am

Business & Finance

US CG meets business leaders, others during Hyderabad visit

HYDERABAD: US Consul General Charles Goodman concluded a two-day visit to Hyderabad on September 2, and met with...

Published 05 Sep, 2026 04:59am

Business & Finance

PPP projects worth USD6.5bn need massive expansion: adviser

ISLAMABAD: Pakistan’s current public-private partnership (PPP) pipeline of 38 projects worth around USD 6.5 billion...

Published 05 Sep, 2026 04:59am

Business & Finance

SPI-based inflation up 0.65pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation increased by 0.65 percent Week-on-Week (WoW) for the...

Published 05 Sep, 2026 04:59am

Business & Finance

ML-1 Railway project: PM, ADB VP discuss early groundbreaking

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday stressed the need for the early groundbreaking of the Main Line-1...

Published 05 Sep, 2026 04:59am

Business & Finance

KPRA grants GST relief to eligible FATA/PATA units

ISLAMABAD: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has exempted eligible industrial undertakings operating...

Published 05 Sep, 2026 04:59am

Energy

Petrol price cut by Rs3.13, HSD’s up by Rs3.74

ISLAMABAD: The government on Friday decreased the ex-depot price of petrol by Rs3.13 per litre to Rs345.87 per litre...

Published 05 Sep, 2026 04:59am

World

Russia’s Sechin says China, not OPEC, calls shots on global energy markets

VLADIVOSTOK: Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has...

Published 05 Sep, 2026 04:59am

Companies

OGDCL posts highest-ever annual profit, dividend

ISLAMABAD: The Board of Directors of Oil & Gas Development Company Limited (OGDCL), at a meeting held on Friday,...

Updated 05 Sep, 2026 09:23am

Taxes

FBR revises process for pending sales tax refunds

ISLAMABAD: The Federal Board of Revenue (FBR) has revised the process to expedite payments of deferred or pending...

Updated 05 Sep, 2026 09:16am

Business & Finance

FPCCI raises the alarm about Jul-Aug trade figures

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

Published 05 Sep, 2026 04:59am

Companies

MG Pakistan hosts ‘Experience More Karachi’

KARACHI: MG Motor Pakistan hosted “Experience More Karachi”, an exclusive brand experience bringing together...

Published 05 Sep, 2026 04:59am

Business & Finance

Members of ADR bodies: FBR proposes revised remuneration structure

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed revised remuneration structure for members of Alternative...

Published 05 Sep, 2026 04:59am

Business & Finance

APTMA, CAP to work for brand development globally

LAHORE: The All Pakistan Textile Mills Association (APTMA) and the Chainstores Association of Pakistan (CAP) have...

Published 05 Sep, 2026 04:59am

Business & Finance

PKI President calls for complete deregulation of sugar sector

LAHORE: Complete deregulation of the sugar sector can establish an efficient, market-driven and sustainable...

Published 05 Sep, 2026 04:59am

Business & Finance

Uraan Pakistan: Senate panel questions C/A target shortfall

ISLAMABAD: A parliamentary panel on Friday pressed the government for answers over a shortfall in the current...

Published 05 Sep, 2026 04:59am

Business & Finance

SBP reacts to social media post

KARACHI: The State Bank of Pakistan (SBP) has taken notice of a misleading headline on a social media platform...

Published 05 Sep, 2026 04:59am

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 4	392.76
Diesel/Litre / Oct 4	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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