News Archives for Business & Finance - 2026-09-15

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Business & Finance - 2026-09-15

Pakistan

Govt raises petrol price by Rs4.10, diesel by Rs6.41 per litre

It is the seventh straight hike in petroleum prices in Pakistan

Updated 15 Sep, 2026 11:16pm

Financial

10-year note hits 19-year high with Fed decision eyed

The yield on the benchmark U.S. 10-year Treasury note rose 4.7 basis points to 5.008%

Published 15 Sep, 2026 09:39pm

Stocks

Wall St wobbles as rising oil and Treasury yields stoke investor unease

Dow Jones Industrial Average fell 464.01 points

Published 15 Sep, 2026 09:24pm

Markets

India's July balance of payments surplus jumps to $20.8 billion on surge in FX inflows

The current account balance for July 2026 stood at a deficit of $7 billion

Published 15 Sep, 2026 07:11pm

Stocks

Most Gulf bourses in red on Houthi attack and Hormuz shipping slump

Saudi Arabia’s benchmark index dropped 0.9%

Published 15 Sep, 2026 07:03pm

Stocks

Sri Lankan shares edge lower as communication services, IT stocks weigh

CSE All Share index settled down 0.24% at 21,262.13

Published 15 Sep, 2026 06:51pm

South Asia

Broadening inflation, Fed prompts traders to ramp up October India rate hike bets

RBI rate hike in October is now almost certain, as rising oil prices and inflation force the central bank's hand, say market experts

Published 15 Sep, 2026 06:48pm

Energy

LNG demand in Pakistan, China and India expected to rebound after US-Iran war ends

Global LNG supply issues are easing, promising a strong rebound in price-sensitive Asian demand from Pakistan, China, and India

Published 15 Sep, 2026 06:39pm

Money & Banking

RBI files caveat after rejecting Tata Sons bid to avoid listing, source says

RBI filed a court caveat to ensure it's heard on Tata Sons' listing, following its rejection of the company's NBFC deregistration

Published 15 Sep, 2026 05:09pm

Energy

Nigeria's NLNG aims to start up Train 7 LNG project by end-2027

Nigerian LNG plans to start its $10 billion Train 7 project by 2027, increasing annual capacity from 22 to 30 million tons

Published 15 Sep, 2026 05:06pm

Stocks

London shares slip as higher oil prices lift bond yields; BoE in focus

The blue-chip FTSE 100 index fell 0.59% to 10,634.49 points

Published 15 Sep, 2026 05:01pm

Markets

India consults banks, payment firms on fees for large UPI payments, sources say

The move will benefit banks and payment firms in Asia’s third-largest economy that posted 24 billion UPI payments totalling $311 billion in August

Published 15 Sep, 2026 04:58pm

South Asia

Sri Lanka's economy grew 4.2% in Q2 despite pressures from Iran war

Backed by a $2.9 billion IMF program, Sri Lanka's economy expanded 4.2% in Q2, navigating persistent inflation and rising global fuel prices

Published 15 Sep, 2026 04:53pm

South Asia

Moody's revises Bangladesh's outlook to ‘stable’ on easing political and external pressures

Moody's upgraded Bangladesh's credit outlook to 'stable,' signaling confidence in its economic resilience and easing political and external pressures

Published 15 Sep, 2026 04:47pm

Commodities

Palm oil gains for second straight session on crude prices

Dalian’s most-active soyoil contract dropped 1.07%

Published 15 Sep, 2026 04:10pm

Forex

Indian rupee drops with stocks, bonds as oil, inflation and Fed worries mount

Indian rupee settled at 95.9550 per dollar

Published 15 Sep, 2026 04:04pm

Money & Banking

SBP concludes first Regulatory Sandbox cohort, four fintechs clear testing

The State Bank of Pakistan (SBP) has concluded the first cohort of its Regulatory Sandbox, launched in August 2025...

Published 15 Sep, 2026 03:56pm

Stocks

India's Nifty 50 closes at 5-month low on elevated oil prices, bond yields

Nifty 50 ended 1.19% lower at 23,118.6, its lowest close in five months

Published 15 Sep, 2026 03:54pm

Markets

India's August goods trade deficit narrows as gold imports plunge

India's trade deficit unexpectedly narrowed in August, primarily due to a sharp fall in gold imports, signaling economic resilience

Published 15 Sep, 2026 03:51pm

Commodities

India's August soyoil, palm oil imports rise on stocking

Imports of soyoil rose 26% to a record high of 628,736 tons and sunflower oil imports decreased 36% to 160,639 tons

Published 15 Sep, 2026 03:46pm

Exchange

Rupee sees improvement against US dollar

Settles at 277.30

Updated 15 Sep, 2026 07:16pm

Commodities

Gold prices fall significantly in Pakistan amid decline in global market

International rate of gold declines by $40 to reach $4,268 per ounce

Published 15 Sep, 2026 03:21pm

Companies

Soya Supreme manufacturer APAG makes PSX debut

This gong ceremony marks the 12th listing of the calendar year and the 4th of the fiscal year

Published 15 Sep, 2026 03:06pm

Pakistan

PM Shehbaz orders measures to boost exports, diversify products and markets

Mandates simplifying export processes, enhancing product quality, and leveraging technology to boost Pakistan's global competitiveness

Published 15 Sep, 2026 02:14pm

Forex

South African rand slides as oil price surge pressures emerging market currencies

The rand traded at 16.33 against the dollar , 0.4% down from its previous close

Published 15 Sep, 2026 02:06pm

Financial

PTA orders PTML to immediately halt ONIC operations over MVNO non-compliance

Allows PTML three months to migrate ONIC customers to PTML

Published 15 Sep, 2026 12:05pm

Business & Finance

Chipotle names Pakistan’s Sabir Sami, ex-KFC CEO, to board

Sami served as chief executive officer of KFC from January 2022 to February 2025

Published 15 Sep, 2026 11:57am

Mutual Funds

JGB yields rise on government spending worries, with eyes on cabinet reshuffle

The 10-year JGB yield rose as much as 4.5 basis points (bps) to touch 3.025%, its highest since September 1996

Published 15 Sep, 2026 11:55am

Markets

Bank of England to stop selling 20- and 30-year gilts, Telegraph reports

The central bank is overhauling debt sales amid bond market turmoil, the newspaper said

Published 15 Sep, 2026 11:46am

Commodities

Palm oil rises for second straight session on crude strength

Palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 46 ringgit, or 0.95%, at 4,896 ringgit

Published 15 Sep, 2026 11:39am

Mutual Funds

India bonds brace for selloff as RBI sales add to oil pain

The benchmark 6.94% 2036 bond may trade in a 7.01%-7.05% range, a private-bank trader said

Published 15 Sep, 2026 11:35am

Commodities

China's August coal output falls 7.7% amid safety focus after accidents

China produced 361.82 million metric tons of coal in August, the data showed

Published 15 Sep, 2026 11:24am

Industry

Canadian mining firms eye investment opportunities in Pakistan

Two sides also discussed accelerating negotiations on the Foreign Investment Promotion and Protection Agreement

Published 15 Sep, 2026 11:20am

Forex

China's yuan slips as dollar holds near two-week high; weak data weighs

The spot yuan opened at 6.7100 per dollar and was last trading at 6.7104

Published 15 Sep, 2026 11:13am

Stocks

China, HK stocks steady as AI hardware bounce counters weak data

Hong Kong benchmark Hang Seng was down 0.2%

Published 15 Sep, 2026 11:11am

Markets

China's property investment falls 19.9% y/y in the first 8 months

Property sales by floor area declined 12.1% after a 11.8% drop in the first seven months

Published 15 Sep, 2026 10:54am

Stocks

South Korean shares recoup early losses as chipmakers rebound

The KOSPI was up 9.74 points, or 0.15%, at 6,694.11

Published 15 Sep, 2026 10:50am

Markets

China's factory output growth quickens in August, retail sales slow

Retail sales, a gauge of consumer activity, rose 0.4%, slowing from a 0.6% gain in July

Published 15 Sep, 2026 10:47am

Markets

Pakistan emerges as new donkey supplier to China: report

The world's second-largest economy has prompted buyers to seek supplies from overseas markets, including Pakistan, Brazil and Australia

Published 15 Sep, 2026 10:43am

Forex

Thai baht/US dollar weaker on Tuesday

The baht was 0.12% lower at 33.24 versus the dollar, after trading in a range of 33.210 to 33.305

Published 15 Sep, 2026 10:41am

Stocks

Australian shares fall as miners slide, oil prices stoke inflation worries

The S&P/ASX 200 index fell 0.5% to 8,709.6

Published 15 Sep, 2026 10:35am

Forex

Australia, NZ dollars play defence with bonds under siege

Pressure on global bond markets was intense as Australian 10-year yields spiked 11 basis points (bps) to 5.394%

Published 15 Sep, 2026 10:30am

Stocks

Japan's Nikkei rises as SoftBank rebounds from AI-led selloff

The Nikkei recouped early losses to rise roughly 1% to 64,082.36 by the midday break

Published 15 Sep, 2026 10:29am

Bullion Rate

Gold holds steady as investors await Fed policy cues

Spot gold was little changed at $4,300.96 per ounce

Published 15 Sep, 2026 10:27am

Stocks

PSX: Buying returns, KSE-100 gains over 1,400 points

Benchmark index settles at 169,392.32

Updated 15 Sep, 2026 05:16pm

Forex

Indian rupee, bonds eye Fed decision, rate outlook

The Indian rupee fell more than 1% last week to close at 95.55 per dollar on Friday

Published 15 Sep, 2026 08:00am

Stocks

Asian shares waver as oil and yields rise ahead of Fed, BOJ meetings

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.12%

Published 15 Sep, 2026 07:56am

Stocks

Indian shares seen opening higher; HDFC Bank in focus

GIFT Nifty futures were trading around 23,525.5 points

Published 15 Sep, 2026 07:52am

Forex

Dollar near two-week high as oil surge lifts yields, Fed hike bets

The dollar index , which measures the greenback against a basket of currencies, was last at 99.55

Published 15 Sep, 2026 07:49am

Energy

Oil jumps nearly $3 as Saudi export halt, Libya outages stoke supply fears

Brent crude futures were up $2.81, or 2.66%, at $108.49 a barrel

Updated 15 Sep, 2026 09:19pm

Taxes

PRA to set up digital cell to curb tax evasion

LAHORE: The Punjab Revenue Authority (PRA) has announced plans to set up a Digital Central Monitoring Cell to...

Published 15 Sep, 2026 07:03am

Business & Finance

Aurangzeb appreciates IFFCO team

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, received a delegation of...

Published 15 Sep, 2026 06:44am

Business & Finance

SBP holds rate on inflation, ME risks

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday decided to keep the...

Published 15 Sep, 2026 06:38am

Business & Finance

PM fuel relief scheme approved: ECC okays draft agreement on refineries’ upgradation

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved Rs75 billion for the Prime...

Published 15 Sep, 2026 06:33am

Business & Finance

SBP’s reserves hit all-time high at USD21.4bn

KARACHI: With arrival of Eurobond inflows, the State Bank of Pakistan’s (SBP) foreign exchange reserves have surged...

Published 15 Sep, 2026 06:10am

Business & Finance

Banking sector review: SBP expects uptick in credit demand

KARACHI: The State Bank of Pakistan (SBP) said on Monday that the banking sector’s performance is expected to...

Published 15 Sep, 2026 06:05am

Industry

Bharara elected PTEA chairman unopposed

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has elected Rehan Naseem Bharara unopposed as its...

Published 15 Sep, 2026 04:57am

Business & Finance

Issues facing the business community: LCCI, KCCI formulate joint strategy

LAHORE: President Karachi Chamber of Commerce & Industry (KCCI) Rehan Hanif, along with a delegation, visited...

Published 15 Sep, 2026 04:57am

Business & Finance

Transport sector faces shutdown risk owing to rising fuel prices: PPDA

KARACHI: Vice Chairman of Pakistan Petroleum Dealers Association (PPDA) Malik Sher Khan has warned that around 70...

Published 15 Sep, 2026 04:57am

Industry

KCCI elections: nomination papers filed

KARACHI: The election commission of Karachi Chamber of Commerce and Industry (KCCI) received 67 nomination papers...

Published 15 Sep, 2026 04:57am

Business & Finance

PQA helps berthing vessel after it develops faults

KARACHI: Port Qasim Authority (PQA) on Monday safely navigated and berthed the bulk carrier MV Chang Chang Nan Hai...

Published 15 Sep, 2026 04:57am

Business & Finance

Pakistan, China moving towards ‘competition cooperation framework’

ISLAMABAD: Pakistan and China are moving towards practical implementation of their bilateral competition cooperation...

Published 15 Sep, 2026 04:57am

Companies

HBL MfB, Suparco partner to boost agri financing

ISLAMABAD: HBL Microfinance Bank (HBL MfB), in partnership with the Pakistan Space & Upper Atmosphere Research...

Published 15 Sep, 2026 04:57am

Business & Finance

Business community strongly reacts to SBP’s policy rate decision

KARACHI: Business and industrial community has expressed “sharp disappointment and frustration” over the State Bank...

Published 15 Sep, 2026 04:57am

Business & Finance

LDI companies: PTA directed to provide update on its efforts to recover Rs84bn

ISLAMABAD: The Long Distance International (LDI) companies owe the government around Rs84 billion, including Rs24...

Published 15 Sep, 2026 04:57am

Companies

Ufone rebranding: PC restrains PTA from granting approval

ISLAMABAD: The Privatisation Commission (PC) has stopped the Pakistan Telecommunication Authority (PTA) from...

Updated 15 Sep, 2026 07:41am

Business & Finance

Foreign satellite company: Senate panel concerned at transfer of govt data

ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication on Monday raised concerns...

Published 15 Sep, 2026 04:57am

Business & Finance

Min tax liability issues in new return form: PTBA urges FBR to correct computation

ISLAMABAD: Pakistan Tax Bar Association (PTBA) has requested the Federal Board of Revenue (FBR) to immediately...

Published 15 Sep, 2026 04:57am

Business & Finance

FBR to disclose names involved in issuing fake invoices

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to publicly disclose the names and sales tax registration...

Published 15 Sep, 2026 04:57am

Business & Finance

Petrol price hiked by Rs4.42, HSD’s by Rs6.10

ISLAMABAD: The Petroleum Division has announced an increase in domestic fuel prices for September 15 following a...

Published 15 Sep, 2026 04:57am

Business & Finance

H1FY26: SOEs incur Rs342.8bn losses

ISLAMABAD: The loss-making state-owned enterprises (SOEs) posted aggregate losses of Rs342.8 billion during the...

Published 15 Sep, 2026 04:57am

Energy

Oil settles about 1pc higher

NEW YORK: Oil prices settled about 1 percent higher on Monday as worries about energy supplies mounted following new...

Published 15 Sep, 2026 04:57am

Business & Finance

GST on locally-made 2000cc EVs brought down to 18pc

ISLAMABAD: The government has reduced sales tax from 25 to 18 percent on locally manufactured hybrid electric...

Published 15 Sep, 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 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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