News Archives for Business & Finance - 2026-11-09

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Stocks

Sri Lankan shares climb as financials gain

CSE All-Share index settled 1.37% higher at 21,531.37 points

Published 09 Nov, 2026 06:54pm

Stocks

Gulf markets gain on hopes Iran strikes will stay off the table

Saudi Arabia’s benchmark index rose 0.9%

Published 09 Nov, 2026 06:50pm

Technology

Google to introduce two variants of in-house chips, reports

Google launches 8tx and 8i Max TPUs for specialized AI, strengthening its position against rivals in the chip market

Published 09 Nov, 2026 06:32pm

Technology

Apple Intelligence AI service registers with Chinese regulator for use on tablets, laptops

Apple's generative AI, Apple Intelligence, received Chinese approval for tablets and laptops, powered by Alibaba's Qwen

Published 09 Nov, 2026 06:08pm

Commodities

Copper rebounds on firmer risk sentiment and tight supply in China

Three-month copper on the London Metal Exchange (LME) rose 0.7% to $13,869 a metric ton

Published 09 Nov, 2026 04:04pm

Stocks

Indian shares inch higher to close at 8-month high as crude oil drops

Nifty 50 rose 0.23% to 25,044.65 and Sensex added 0.13% to 81,106.65, respectively

Published 09 Nov, 2026 03:25pm

Forex

Indian rupee breaks six-day winning streak on state banks' dollar bids

Indian rupee hit a six-month high of 93.69 per dollar

Published 09 Nov, 2026 03:20pm

Markets

Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says

The production wind down is slated for mid-2027, Musk announced on Friday, with the resources being redirected to the Cybercab

Published 09 Nov, 2026 02:01pm

Markets

German exports rise more than expected in September

Alexander Krueger, chief economist at Bethmann HAL Bank, said the figures bode well for ‌Germany's ⁠economy overall, showing some resilience to competition from China

Published 09 Nov, 2026 01:59pm

Commodities

Gold price per tola rises Rs3,200 to Rs432,336 in Pakistan

International rate of gold increases by $32 to reach $4,098 per ounce

Published 09 Nov, 2026 01:56pm

Markets

SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloff

The Democratic Party's sweeping success in US midterm elections has heightened expectations of regulatory scrutiny and delays to building data centres, increasing scepticism about returns for AI industry

Published 09 Nov, 2026 01:56pm

Forex

South African rand firms on softer oil; coalition talks in focus

The rand traded at 16.4875 against the dollar , up about 0.4% from its previous close

Published 09 Nov, 2026 12:01pm

Markets

Reactions to Nvidia's probe into CEO Jensen Huang

While Nvidia has sought to reassure us all, there are several layers here, beginning with the unfortunate timing

Published 09 Nov, 2026 11:50am

Markets

China's factory-gate inflation at fastest in nearly 4-1/2 years in October, while CPI rise moderates

The consumer price index rose by 0.7% year-on-year, after a 0.9% rise in September

Published 09 Nov, 2026 11:13am

Markets

ANZ misses some expectations, warns capital competition to keep rates higher

Australia's fourth-largest lender by market capitalisation posted a 31% surge in cash profit of A$7.6 billion for the year ended September 30, in line with a Visible Alpha consensus.

Published 09 Nov, 2026 10:51am

Currency

Cryptocurrencies slide to two-month lows after US midterms

Bitcoin , the oldest and largest cryptocurrency by market capitalisation, fell by more than 2% to $73,708, the lowest price since ‌August

Published 09 Nov, 2026 10:35am

Stocks

Indian shares edge lower as market consolidates after last week's surge

The Nifty 50 and Sensex fell 0.2% each to 24,931.2 and 80,837.24

Published 09 Nov, 2026 10:27am

Markets

Nvidia probes whether CEO Huang was target of foreign spying as he admits affair

US authorities have scrutinized Megaspeed, which buys AI chips from Nvidia

Published 09 Nov, 2026 10:18am

Stocks

Asian stocks bounce as AI, Mideast jitters recede; dollar firm on Fed bets

MSCI's broadest index of Asia-Pacific shares outside Japan rose 2% after sliding 4.6% last week

Published 09 Nov, 2026 10:09am

Forex

US dollar holds onto payrolls gains, NZ dollar rises after election

The US dollar index , which measures the currency against six major rivals including the euro

Published 09 Nov, 2026 10:05am

Forex

Indian rupee extends rally, putting RBI's dollar-buying threshold in focus

The Indian rupee touched an intraday high of 93.70 per dollar, extending last week's rally of more than 1%

Published 09 Nov, 2026 10:01am

Energy

Oil slides as Trump signals restraint on Iran despite fresh shipping attacks

Brent crude slid by $3.49, or 3.6%, to $94.83 a barrel

Updated 09 Nov, 2026 05:34pm

Bullion Rate

Gold rises over 1% as softer oil prices ease inflation worries

Spot gold climbed 1.4% to $4,123.46 per ounce

Updated 09 Nov, 2026 11:55am

Business & Finance

Industrial growth: Kundi calls for govt-business collaboration

PESHAWAR: Governor Khyber Pakhtunkhwa Faisal Karim Kundi has said that for economic development of the province,...

Published 09 Nov, 2026 04:46am

Business & Finance

PakWheels Expo 2026 inaugurated

LAHORE: Punjab Provincial Minister for Sports and Energy Malik Faisal Ayub Khokhar formally inaugurated PakWheels...

Published 09 Nov, 2026 04:46am

Business & Finance

EPZ Risalpur Unit: Customs uncovers import irregularities, shortage of goods

ISLAMABAD: Pakistan Customs has initiated legal proceedings against M/s Shippo Private Limited, an industrial unit...

Updated 09 Nov, 2026 05:29am

Business & Finance

KATI urges Leghari to order audit of PPMC, ISMO

ISLAMABAD: Korangi Association of Trade and Industry (KATI) has urged Federal Minister for Energy (Power Division)...

Published 09 Nov, 2026 04:46am

Business & Finance

PMIF26 commences in Islamabad on 12th

ISLAMABAD: Pakistan will host the Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad on November 12 and...

Published 09 Nov, 2026 04:46am

Business & Finance

Companies sign JV with Turkish powerhouse

ISLAMABAD: Fatima Group, Lake City, Artistic Milliners (Pvt.) Ltd., DIN Group and Fazal Group signed strategic joint...

Published 09 Nov, 2026 04:46am

Business & Finance

HCSTSI delegation visits RTO Hyderabad

HYDERABAD: President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Nadeem Ahmed Siddiqui, along...

Published 09 Nov, 2026 04:46am

Business & Finance

Mian Zahid calls for addressing EU concerns

KARACHI: President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, Mian...

Published 09 Nov, 2026 04:46am

Commodities

Peshawar: prices of food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, including vegetable, live chicken/meat, flour, sugar,...

Published 09 Nov, 2026 04:46am

Cotton & Textile

Weekly Cotton Review: Production rises but still falls short of industry needs

KARACHI: Pakistan’s cotton production has risen 6.88 per cent year on year to 4.743 million bales, but the crop...

Updated 09 Nov, 2026 07:19am

Companies

Astola manufacturing facility: Getz Pharma secures WHO prequalification

KARACHI: Pakistan’s Getz Pharma secured World Health Organization (WHO) prequalification for its Astola...

Published 09 Nov, 2026 04:46am

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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