News Archives for Business & Finance - 2026-10-19

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Business & Finance

Govt cuts petrol price by Rs5.16, diesel by Rs7.69 per litre

New prices are effective for October 20

Published 19 Oct, 2026 11:46pm

Taxes

'Call to halt official work': FBR suspends two IRS officers, repatriates two others

Suspended officers are in BS-20 and BS-19, while two repatriated officers are both in BS-20

Published 19 Oct, 2026 11:27pm

Business & Finance

PIA to upgrade Boeing 777 cabins with flat-bed business class seats, in-seat charging

Our passengers will experience tangible improvements in cabin comfort, functionality, and the overall onboard environment, says CEO

Updated 20 Oct, 2026 03:45pm

Markets

Punjab govt bans spy devices with hidden cameras, recording equipment

Decision taken to protect citizens’ privacy, personal information, says Punjab Home Department

Published 19 Oct, 2026 10:06pm

Stocks

FTSE 100 ends lower after three sessions of gains, on weakness in banking, mining stocks

FTSE 100 index fell 1.1% to 10,764.69 points

Published 19 Oct, 2026 09:59pm

Markets

Experts urge govt to explore metallurgical coal potential

Metallurgical coal is key raw material used in steelmaking

Published 19 Oct, 2026 09:49pm

USA

US banning Chinese AI DeepSeek from government agency IT systems

US government agencies must remove Chinese AI DeepSeek due to national security risks, including potential data exposure to Beijing

Published 19 Oct, 2026 07:35pm

Stocks

Gulf bourses subdued as regional worries weigh

Saudi Arabia’s benchmark index slipped 0.7%

Published 19 Oct, 2026 06:27pm

Stocks

Communications stocks drag down Sri Lankan shares

SE All-Share index fell 0.62% to 20,059.42 points

Published 19 Oct, 2026 06:19pm

Pakistan

PM Shehbaz announces to set up national plant to produce livestock vaccines

Orders restructuring of livestock and dairy development board

Published 19 Oct, 2026 06:18pm

Commodities

Palm falls, tracks Chicago soyoil lower

Dalian's most-active soyoil contract rose 0.4%

Published 19 Oct, 2026 06:12pm

Technology

Anthropic to commit 5% stake to new 'public benefit fund'

Pioneering AI safety, Anthropic commits 5% of its shares to a public benefit fund, tackling AI's impact on jobs and humanity's future

Published 19 Oct, 2026 06:08pm

USA

Elon Musk says will give SpaceX share to 'every kid in America'

There are around 73mn children under age of 18 in US, according to 2024 data from US Census Bureau

Published 19 Oct, 2026 05:46pm

Commodities

Copper falls as LME stocks edge higher and mine supply concerns ease

Benchmark three-month copper on the London Metal Exchange was down 0.1% at $14,385 a metric ton

Published 19 Oct, 2026 04:12pm

Business & Finance

DG Khan airport to become international by Jan 2028, says Leghari

Airport to create new opportunities for development and prosperity in south Punjab

Updated 19 Oct, 2026 04:27pm

Forex

Indian rupee ends flat as stock slump, importer hedging erodes bounce

Indian rupee hovered between 94.76 and 94.96 through the day before closing the session at 94.9250

Published 19 Oct, 2026 03:44pm

Exchange

Rupee records gain against US dollar

Currency settles at 276.90

Updated 19 Oct, 2026 10:20pm

Stocks

Indian shares slip; investors await Jio IPO

Nifty 50 fell 1.11% to 22,888.95, while the BSE Sensex declined 1.17% to 73,852.90

Published 19 Oct, 2026 03:39pm

Commodities

Gold prices remain unchanged in Pakistan

Price of silver increases by Rs59 to reach Rs6,234 per tola

Published 19 Oct, 2026 03:35pm

Markets

Pakistan’s GDP grows 3.65% in FY2026, economy size reaches $450bn: NAC

Growth lower than 3.70% estimated in previous meeting

Updated 19 Oct, 2026 03:00pm

Companies

Chery Master offers PKR 850,000 in upfront savings on Tiggo 7 Super Hybrid

Limited stock price lock offer with a complimentary 7 kW Home Charger Worth PKR 100,000

Published 19 Oct, 2026 01:55pm

Business & Finance

Pakistan’s big moment: 5 takeaways from IMF-World Bank meetings

The annual meetings addressed global economic risks, AI's impact, and saw Pakistan secure key leadership roles

Updated 19 Oct, 2026 01:34pm

Mutual Funds

Philippines awards $861mn worth of T-bill, cash management bill offers

BTr awards 44.23 billion pesos worth of T-bills, below 45 billion pesos programme

Published 19 Oct, 2026 12:31pm

Companies

AshreiTech backs the future of cybersecurity with strategic investment in Digit Labs

Strategic investment strengthens AshreiTech’s technology portfolio and accelerates Digit Labs’ growth across Pakistan’s fast-expanding cybersecurity market.

Updated 19 Oct, 2026 06:32pm

Commodities

Chicago soybeans supported by China demand; corn near multi-month low

The most-traded soybean contract on the Chicago Board of Trade (CBOT) rose 0.18% to $12.63-1/2 a bushel

Published 19 Oct, 2026 12:28pm

Commodities

Palm rises to 3-week high, as Dalian rivals gain

Palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 10 ringgit, or 0.21%, to 4,779 ringgit ($1,171.32) a metric ton

Published 19 Oct, 2026 12:21pm

Forex

Australian dollar gains on euro weakness, kiwi waits for inflation data

The Aussie rose 0.5% to $0.6978, after falling 0.5% last week to hit a 15-week low of $0.6895

Published 19 Oct, 2026 12:17pm

Stocks

Banks, energy stocks help lift Australian shares

The benchmark S&P/ASX 200 index closed 0.4% higher at 8,845.70 points

Published 19 Oct, 2026 12:14pm

Stocks

Dubai Investments plans to float 20% stake in DIP Holding in UAE's first IPO of the year

The offer, consisting of 1.74 billion shares, will be split across four tranches, DIP Holding said in a statement on Monday

Published 19 Oct, 2026 11:53am

Mutual Funds

Japan's 10-year yield falls on risk aversion, debt issuance pledge

The benchmark 10-year JGB yield eased 3 basis points to 2.9%. Yields move inversely to bond prices

Published 19 Oct, 2026 11:36am

Markets

China's property investment falls 20.6% y/y in first 9 months

Property sales by floor area declined 13.2%, following a 12.1% fall in the first eight months

Published 19 Oct, 2026 11:33am

Forex

Thai baht/US dollar steady on Monday

The baht was 0.03% lower at 33.45 versus the dollar, after trading in a range of 33.410 to 33.500

Published 19 Oct, 2026 11:26am

Forex

Yuan hits 4-year high as strong GDP data tempers need for stimulus

The spot yuan opened at 6.6853 per dollar and was last trading at 6.6826

Published 19 Oct, 2026 11:23am

Stocks

China stocks inch higher as strong GDP offsets weak AI mood

The Hong Kong market is closed for a local holiday and will resume trading on Tuesday

Published 19 Oct, 2026 11:21am

Mutual Funds

India bonds to decline on elevated oil, hawkish RBI

Bond yields rise when prices fall

Published 19 Oct, 2026 11:19am

Markets

BOJ chief says underlying inflation 'quite close' to price goal

Ueda also said raising interest rates at an appropriate pace would help avoid spikes in bond yields

Published 19 Oct, 2026 11:16am

Stocks

Nikkei slides on US tech selloff, oil-driven rate fears By Rocky Swift

The benchmark Nikkei 225 fell 2.05% to 63,984.45 in early trading

Published 19 Oct, 2026 11:12am

Markets

PSX: selling pressure at bourse, KSE-100 settles over 450 points lower

Benchmark index settles at 165,966.08 points

Updated 19 Oct, 2026 07:08pm

Business & Finance

Citi Pharma receives CCP nod to acquire Pakheim International

CCP determines that the deal does not raise competition concerns

Published 19 Oct, 2026 09:50am

Bullion Rate

Gold edges higher on softer oil; Fed rate outlook in focus

Spot gold rose 0.3% to $4,175.60 per ounce

Published 19 Oct, 2026 08:20am

Markets

China's economic growth picks up in third quarter, beating expectations

For January-September, the economy grew 4.6%, within the range of the government's annual growth target of 4.5%-5.0%

Published 19 Oct, 2026 07:58am

Markets

Subaru targets software-defined vehicle launch for late 2020s, plans to cut development times by 40%

Subaru ⁠jointly developed the chip at the core of the integrated ECU with US chipmaker Advanced Micro Devices, it said

Published 19 Oct, 2026 07:54am

Forex

Indian rupee likely pinned near 95 as RBI defence counters oil headwinds

The Indian rupee is expected to open in a 94.92 to 94.98 range, per traders, having settled at 94.96 to the dollar on Friday

Published 19 Oct, 2026 07:51am

Stocks

Asian stocks slip, Wall St and bonds benefit from oil skid

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.6%

Published 19 Oct, 2026 07:48am

Forex

Dollar firmer, euro weakens as French protests turn violent

The euro fell 0.1% at $1.1225 as trading began in Asia

Published 19 Oct, 2026 07:43am

Stocks

Indian shares seen muted; lenders' earnings take centre stage

GIFT Nifty futures were at 23,131 at 7:49

Published 19 Oct, 2026 07:37am

Energy

Oil slips from five-month highs with Hormuz crossings, Russian sanctions waiver in focus

Brent crude futures fell $1.72, or 1.6%, to $108.14 a barrel

Updated 19 Oct, 2026 08:14pm

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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