News Archives for Business & Finance - 2026-10-24 - Business Recorder

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اردو

Nov 15, 2026 اردو

Print Edition BR Markets Dollar to PKR

Daily Petrol Prices IMF-World Bank meetings Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices

Govt focused on export-led sustainable growth, private sector facilitation: finance minister

Business & Finance

Govt focused on export-led sustainable growth, private sector facilitation: finance minister

Structural reforms under way to stabilise Pakistan’s economy, Aurangzeb says

Published 24 Oct, 2026 08:31pm

China urges US to halt proposed expansion of outbound investment curbs

Markets

China urges US to halt proposed expansion of outbound investment curbs

Beijing urges US to stop expanding investment restrictions on sensitive technologies, warning of trade disruption and potential countermeasures

Updated 24 Oct, 2026 10:18pm

Geely enters Pakistan through Bestway Group, unveils three NEVs

Markets

Geely enters Pakistan through Bestway Group, unveils three NEVs

Pricing, booking dates and final specifications to be announced through official channels

Published 24 Oct, 2026 06:39pm

Gold prices in Pakistan fall for fifth consecutive day

Commodities

Gold prices in Pakistan fall for fifth consecutive day

International rate of gold declines by $25 to reach $3,995 per ounce

Published 24 Oct, 2026 02:50pm

USDA attache sees Brazil 2026-27 soybean crop at 184.0 million T

Commodities

USDA attache sees Brazil 2026-27 soybean crop at 184.0 million T

The attache expects weather-related concerns to affect harvest operations more than planting, the report said

Published 24 Oct, 2026 10:59am

KTBA urges FBR to modify IRIS system

Taxes

KTBA urges FBR to modify IRIS system

ISLAMABAD: To facilitate overseas Pakistanis, the Karachi Tax Bar Association (KTBA) has urged the Federal Board of...

Published 24 Oct, 2026 05:32am

Petrol price maintained; HSD’s hiked by Rs1.91

Energy

Petrol price maintained; HSD’s hiked by Rs1.91

ISLAMABAD: In the latest daily price review for October 24, the retail petrol price has been kept unchanged at...

Published 24 Oct, 2026 05:32am

Govt approves Karachi Industrial Park as federal SEZ

Business & Finance

Govt approves Karachi Industrial Park as federal SEZ

ISLAMABAD: The government has approved Karachi Industrial Park as a federal Special Economic Zone (SEZ) and endorsed...

Published 24 Oct, 2026 05:32am

PM proposes Rs4,500 wheat support price

Pakistan

PM proposes Rs4,500 wheat support price

ISLAMABAD: In a move aimed at encouraging cultivation and boosting domestic production, Prime Minister Shehbaz...

Published 24 Oct, 2026 05:32am

LPG shortage worsens after supply issues

Business & Finance

LPG shortage worsens after supply issues

LAHORE: The shortage of liquefied petroleum gas (LPG) has worsened due to disturbed supplies from Iran, traders...

Published 24 Oct, 2026 05:32am

US authorises emergency release of up to 400,000 oil barrels

Energy

US authorises emergency release of up to 400,000 oil barrels

WASHINGTON: The US Department of Energy said on Friday it had authorised an emergency exchange of up to 400,000...

Published 24 Oct, 2026 05:32am

Oil hits USD116 mark as ME conflict rages on

Energy

Oil hits USD116 mark as ME conflict rages on

NEW YORK: Oil prices settled more than USD3 higher on Friday, their highest in nearly six months after Houthi...

Published 24 Oct, 2026 05:32am

Cabinet approves 170 amendments to Cos Act, 2017: 70-75pc of regulations being removed to boost the ease doing of business: Haroon

Business & Finance

Cabinet approves 170 amendments to Cos Act, 2017: 70-75pc of regulations being removed to boost the ease doing of business: Haroon

ISLAMABAD: The government has decided to accelerate business reforms by removing 70–75 percent of unnecessary...

Published 24 Oct, 2026 05:32am

Govt focusing on reforms in FBR, Senate told

Business & Finance

Govt focusing on reforms in FBR, Senate told

ISLAMABAD: The abolition of Super Tax by the federal government is applicable on the exporters as well as those...

Published 24 Oct, 2026 05:32am

Imported cell phones: FBR allows ST in instalments

Business & Finance

Imported cell phones: FBR allows ST in instalments

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed individuals to pay sales tax on imported mobile phone...

Published 24 Oct, 2026 05:32am

BankIslami reports Rs3.1bn PAT for nine months

Money & Banking

BankIslami reports Rs3.1bn PAT for nine months

KARACHI: BankIslami reported a profit after tax (PAT) of PKR 3.1 billion for the nine months ended September 30,...

Published 24 Oct, 2026 05:32am

SIFC assures KCCI of closer institutional coordination

Business & Finance

SIFC assures KCCI of closer institutional coordination

KARACHI: Joint Secretary (Military), Special Investment Facilitation Council (SIFC), and Head of SIFC’s Provincial...

Published 24 Oct, 2026 05:32am

KATI president seeks reduction in policy rate

Business & Finance

KATI president seeks reduction in policy rate

KARACHI: Korangi Association of Trade and Industry (KATI) President Sheikh Umer Rehan has urged the State Bank of...

Published 24 Oct, 2026 05:32am

Govt urged to reduce industrial production costs

Industry

Govt urged to reduce industrial production costs

KARACHI: SITE Association of Industry (SAI) President Abdul Hadi has urged the government to reduce industrial...

Published 24 Oct, 2026 05:32am

Nationwide Islamic investment competition: ‘Empowered Women, Ethical Investments’ launched

Business & Finance

Nationwide Islamic investment competition: ‘Empowered Women, Ethical Investments’ launched

KARACHI: The Iqra University Centre for Excellence in Islamic FinTech (IU CEIF), in collaboration with ZLK Islamic...

Published 24 Oct, 2026 05:32am

Minister has identified various sectors to boost exports to the Maldives

Business & Finance

Minister has identified various sectors to boost exports to the Maldives

ISLAMABAD: Pakistan is seeking to expand its exports to the Maldives, with Federal Minister for Commerce Jam Kamal...

Published 24 Oct, 2026 05:32am

Bangladesh sees billions in untapped trade potential

Business & Finance

Bangladesh sees billions in untapped trade potential

LAHORE: The High Commissioner of Bangladesh, Iqbal Hussain Khan, has said that there was a considerable potential to...

Published 24 Oct, 2026 05:32am

VIS upgrades entity ratings of NRSP Microfinance Bank Ltd

Money & Banking

VIS upgrades entity ratings of NRSP Microfinance Bank Ltd

KARACHI: VIS Credit Rating Company Limited (VIS) has upgraded entity ratings of NRSP Microfinance Bank...

Published 24 Oct, 2026 05:32am

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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President, PM take stock of situation

President, PM take stock of situation

PTA considers reducing voice SIM limit from five to three per CNIC

PTA considers reducing voice SIM limit from five to three per CNIC

PM Shehbaz, Field Marshal Munir share top spot in list of world's 500 most influential Muslims

PM Shehbaz, Field Marshal Munir share top spot in list of world's 500 most influential Muslims

FBR splits tax depts in major organisational changes

FBR splits tax depts in major organisational changes

Fesco seeks to double its authorised share capital to Rs100bn

Fesco seeks to double its authorised share capital to Rs100bn

Leading MNCs plead tax policy for manufacturing boom

Leading MNCs plead tax policy for manufacturing boom

PSA seeks uniform EV charging pricing

PSA seeks uniform EV charging pricing

Govt reduces petrol price by Rs2 per litre, keeps diesel rate unchanged

Govt reduces petrol price by Rs2 per litre, keeps diesel rate unchanged

Gold rebounds modestly

Gold rebounds modestly