News Archives for Business & Finance - 2026-11-07

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Markets

PM approves final draft of auto policy; focus on localisation, EVs, and consumer protection

Draft to be submitted to Federal Cabinet for consideration, formal approval, Haroon Akhtar Khan says

Published 07 Nov, 2026 08:18pm

Business & Finance

3rd HR Pinnacle Awards set to champion excellence at Avari Towers Karachi on Nov 26

The Human Resources fraternity across the country is gearing up for one of the most anticipated industry events of...

Published 07 Nov, 2026 08:06pm

Commodities

Gold price per tola experiences no change in Pakistan

Price of silver decreases by Rs10 to reach Rs5,668 per tola

Published 07 Nov, 2026 04:23pm

Companies

CCP approves Nestlé–Platinum equity joint venture

Forward 1 will subsequently acquire a shareholding, establishing joint control with Nestlé

Published 07 Nov, 2026 04:15pm

Business & Finance

HBL partners with AKD Securities for digital PSX trading account opening

HBL Mobile now offers real-time PSX trading account opening, connecting digital banking with capital markets and transforming Pakistan's investment landscape

Published 07 Nov, 2026 12:06pm

Energy

Govt to auction 90% of indigenous LPG production under new mechanism

A maximum allocation of 20 metric tons per day would be allowed to each company participating in the auction

Updated 07 Nov, 2026 06:27pm

Stocks

SE Fruits IPO probe: SECP seeks export records from seven banks

The banks were asked to provide export details for the company

Published 07 Nov, 2026 11:25am

Technology

Endeavor Pakistan appoints Mubariz Siddiqui as managing director

Careem founder Mudassir Sheikha says Pakistan founders will build companies that matter globally

Published 07 Nov, 2026 11:02am

Energy

NEPRA raises incremental power tariff to Rs25.30 per unit for industrial, agricultural consumers

The revised rate of Rs25.30 per kWh would apply from the November 2026 billing month

Published 07 Nov, 2026 10:24am

Energy

NEPRA approves Rs2.3673 per unit FCA for September

September FCA will apply uniformly to consumers of XWDISCOs and K-Electric

Published 07 Nov, 2026 10:12am

Companies

JazzCash records 67.6pc increase in revenue

ISLAMABAD: JazzCash and its associated financial services businesses recorded a 67.6 percent year-on-year increase...

Published 07 Nov, 2026 06:53am

Companies

Nestlé receives two sustainability awards at 29th SDC

ISLAMABAD: Nestlé Pakistan received two sustainability awards at the 29th Sustainable Development Conference (SDC)...

Published 07 Nov, 2026 06:50am

Cotton & Textile

Cotton production: PARC, CCRI agree to boost cooperation

LAHORE: The Pakistan Agricultural Research Council (PARC) and the Central Cotton Research Institute (CCRI) have...

Published 07 Nov, 2026 06:48am

Business & Finance

PPCBL set to accelerate digital transformation

LAHORE: The Punjab Provincial Cooperative Bank Limited (PPCBL) is set to accelerate its digital transformation and...

Published 07 Nov, 2026 06:46am

Pakistan

PRA’s directive to hotel owners

LAHORE: The Punjab Revenue Authority (PRA) has directed hotel owners across the province to complete 100 percent...

Published 07 Nov, 2026 06:44am

Business & Finance

Digital invoicing requirements: RTO Hyderabad begins enforcement drive

HYDERABAD: In pursuance of STGO No. 1(215) ST-L&P/2026/108756-R dated 28th September 2026, Regional Tax Office...

Published 07 Nov, 2026 06:37am

Business & Finance

SMEDA partners with ICMA, DigiKhata

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has joined hands with the Institute of Cost...

Published 07 Nov, 2026 06:28am

Business & Finance

FBR mandates sales tax invoices for advance payments

ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed a procedure for sales tax-registered taxpayers for the...

Published 07 Nov, 2026 06:25am

Commodities

Weekly SPI inflation up 0.29pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended on November 5, 2026 recorded an increase of...

Published 07 Nov, 2026 06:22am

Companies

DWP Technologies and GNEXT explore ‘Working Beyond the Desktop’

KARACHI: DWP Technologies, an Apple Authorised Reseller, together with GNEXT Technologies, an Apple Authorised...

Published 07 Nov, 2026 06:12am

Money & Banking

HBL launches Visa Infinite CreditCard

KARACHI: HBL has launched the HBL Visa Infinite CreditCard, an exclusive new offering designed for the Bank’s most...

Published 07 Nov, 2026 06:09am

Companies

SNGPL posts highest-ever profit before levy, income tax of Rs34,656m

LAHORE: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), at its meeting held in Lahore on...

Published 07 Nov, 2026 06:06am

Energy

Petrol price cut by Rs6.59, HSD’s by Rs4.25

ISLAMABAD: The price of petrol has been reduced by Rs6.59 per litre, bringing the retail price down to Rs346 per...

Published 07 Nov, 2026 06:04am

Pakistan

SDPI conference: Pro-people reforms, empowered LGs, progressive tax structures urged

ISLAMABAD: Top Pakistani leaders and economic experts have sought pro-people reforms, empowered local governments,...

Published 07 Nov, 2026 04:51am

Pakistan

Thar coal being developed beyond power generation: Sharjeel

KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit Sharjeel Inam...

Updated 07 Nov, 2026 06:34am

Companies

Devsinc, PRG partner to strengthen digital infrastructure

KARACHI: In a significant step toward advancing digital transformation in the US healthcare sector, Pakistan-based...

Published 07 Nov, 2026 04:51am

Business & Finance

Punjab targets Rs1.995trn investment under agri transformation: official

LAHORE: Punjab is targeting Rs1.995 trillion in investment, USD6.8 billion in additional exports and the creation of...

Published 07 Nov, 2026 04:51am

Business & Finance

Federal minister urges new bureaucrats to prepare for USD1trn economy by 2035

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has said that...

Published 07 Nov, 2026 04:51am

Business & Finance

FTO clarifies proceedings against senior FBR Member

ISLAMABAD: Federal Tax Ombudsman (FTO) office has clarified that the FTO has neither held the officer guilty of...

Published 07 Nov, 2026 04:51am

Business & Finance

Railways targets 14 freight trains by January

LAHORE: Federal Minister for Railways Muhammad Hanif Abbasi has directed Pakistan Railways to increase freight...

Published 07 Nov, 2026 04:51am

Companies

PepsiCo receives Sustainability Award

ISLAMABAD: PepsiCo Pakistan received a Sustainability Award in the Sustainable Agriculture & Food Systems...

Published 07 Nov, 2026 04:51am

Companies

Mustafa Ramday made PSO board chairman

KARACHI: The federal government has reconstituted the Board of Management of Pakistan State Oil Company Limited...

Published 07 Nov, 2026 04:51am

Business & Finance

Arrangements for Turkish vessel’s arrival reviewed

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level meeting to review preparations and...

Updated 07 Nov, 2026 07:52am

Business & Finance

Baker marks multimillion-dollar Cisco network deployment at SBP

KARACHI: US Chargé d’Affaires (CDA) Natalie Baker joined State Bank of Pakistan (SBP) Governor Jameel Ahmad and...

Published 07 Nov, 2026 04:51am

Energy

Brent oil price benchmark set for biggest weekly drop since 2020

HOUSTON: Oil prices were set for a sharp weekly fall after the election losses of US President Donald Trump’s...

Published 07 Nov, 2026 04:51am

Stocks

Investors wipe USD2.5trn off Nasdaq as blue tsunami prompts AI fears

WASHINGTON: Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out...

Published 07 Nov, 2026 04:51am

Business & Finance

4MFY27 trade deficit widens 15.97pc YoY

ISLAMABAD: Pakistan’s trade deficit has widened by almost 16 percent to USD 14.63 billion during the first four...

Published 07 Nov, 2026 04:51am

Business & Finance

PM approves TDAP overhaul to boost exports

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday approved a sweeping overhaul of Trade Development Authority of...

Published 07 Nov, 2026 04:51am

Companies

PIA commences aircraft cabin cleanliness drive

ISLAMABAD: PIA is focusing on improving all aspects of airline operations and efforts are being made towards...

Published 07 Nov, 2026 04:51am

Business & Finance

PMIF26: Pakistan urges global investors to explore its mineral potential

ISLAMABAD: The Pakistan Minerals Investment Forum 2026 (PMIF26) will bring together global mining executives,...

Published 07 Nov, 2026 04:51am

Companies

WEPL recognises Pakistan’s emerging innovators at 13th Tameer Awards

KARACHI: Young entrepreneurs across Pakistan are finding new ways to solve problems and create opportunities....

Published 07 Nov, 2026 04:51am

Business & Finance

Govt cuts petrol price by Rs6.59, diesel by Rs4.25 per litre

The new prices are effective for the next four days

Published 07 Nov, 2026 12:00am

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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