News Archives for Business & Finance - 2026-11-10

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Business & Finance

Govt cuts petrol price by Rs8, diesel by Rs7 per litre

New prices are effective for November 11

Published 10 Nov, 2026 11:12pm

Pakistan

Solar boom leaves low-income households behind amid Sindh’s energy, climate challenges: experts

Pakistan’s rapidly expanding solar market was transforming the country’s energy landscape, but millions of...

Published 10 Nov, 2026 09:46pm

Technology

Microsoft presses Trump to scuttle expected ban on Chinese data center technology

Microsoft and others are lobbying against a US ban on Chinese optical transceivers, critical components for the nation's rapidly expanding AI infrastructure

Published 10 Nov, 2026 07:38pm

Stocks

Financial, communications stocks lift Sri Lankan shares higher

CSE All-Share index settled 2.75% higher at 22,123.39 points

Published 10 Nov, 2026 06:29pm

Stocks

Gulf stocks close higher as Trump dials back Iran strike talk

Saudi Arabia’s benchmark index rose 0.6%
Dubai’s main share index advanced 1.4%

Published 10 Nov, 2026 06:26pm

Companies

Tesla Cybertruck is EV pickup market's latest casualty

Tesla will discontinue Cybertruck production next year to focus on Cybercab robotaxis, as its angular EV pickup failed to meet sales expectations

Published 10 Nov, 2026 06:08pm

USA

Nvidia CEO's affair with alleged spy aided $7.5 billion in China chip shipments, Information reports

Nvidia CEO Jensen Huang is under investigation for an alleged affair with a woman accused of being a spy, linked to unauthorized chip sales

Published 10 Nov, 2026 05:40pm

Commodities

Gold drops 1% on hawkish Fed comments ahead of US inflation data

Spot gold was down 1.6% to $4,071.07 per ounce

Published 10 Nov, 2026 05:32pm

Technology

Anthropic targets $1 trillion IPO valuation in test of Wall Street's AI fervor

Anthropic's IPO seeks to raise billions, with a $1.02 trillion valuation, setting a benchmark for the AI sector amid increasing market uncertainties

Published 10 Nov, 2026 05:00pm

Commodities

Aluminium falls on higher Chinese exports and hopes for Middle East de-escalation

Benchmark three-month aluminium on the London Metal Exchange was down 1.1% at $3,031.50 a metric ton

Published 10 Nov, 2026 04:39pm

Energy

UAE is selling Saudi oil in a rare move, document shows

Amid rising Gulf security risks, the UAE is tendering Saudi oil from a vessel damaged last month, highlighting regional tensions

Published 10 Nov, 2026 04:29pm

Commodities

Palm gains marginally after stocks rise below forecast

Dalian’s most-active soyoil contract rose 0.14%

Published 10 Nov, 2026 04:17pm

Exchange

Rupee records gain against US dollar

Currency settles at 276.65 against greenback

Updated 10 Nov, 2026 09:11pm

Money & Banking

Remittances now cover Pakistan's entire external deficit, says analyst

Akcakmak said the improvement reflected a complete contrast to 2023

Published 10 Nov, 2026 04:04pm

Commodities

Gold price per tola sheds Rs1,500 in Pakistan

International rate of gold declines by $15 to reach $4,083 per ounce

Published 10 Nov, 2026 03:16pm

Energy

Govt approves board changes at HESCO, SEPCO & NESPAK

Development came during a meeting of the Cabinet Committee on State-Owned Enterprises

Published 10 Nov, 2026 01:38pm

Business & Finance

Beyond the order: the logistics behind Pakistan’s export ambitions

For a Pakistani business looking to sell overseas, securing an international customer is only the beginning. Getting...

Published 10 Nov, 2026 01:38pm

Forex

Thai baht/US dollar little changed on Tuesday

The baht was 0.05% lower at 33.42 versus the dollar, after trading in a range of 33.385 to 33.433

Published 10 Nov, 2026 12:26pm

Markets

ASEAN countries need up to $7.1 trillion for infrastructure but face funding gap, ADB says

ASEAN governments’ current ‌spending ⁠could cover 45% of the infrastructure needs, leaving a shortfall of almost $4 trillion

Published 10 Nov, 2026 12:15pm

Stocks

Japan's Nikkei extends rebound as AI-related stocks advance

The Nikkei rose 2.88% to 60,471.05

Published 10 Nov, 2026 12:07pm

Forex

Aussie steadies as oil-fuelled risk rally offsets weak domestic surveys

The Aussie eased 0.1% to $0.6916 after rallying 1% overnight to as high as $0.6931

Published 10 Nov, 2026 11:57am

Forex

Yuan steady after dollar softens, awaits US CPI

The spot yuan opened at 6.6711 per dollar and was trading at 6.671

Published 10 Nov, 2026 11:54am

Commodities

China October soybean imports fall on high inventories, weak crush margins

'In October, South American old-crop supplies were running out while bulk shipments of new-crop US soybeans had yet to begin,' said Liu Jinlu

Published 10 Nov, 2026 11:52am

Commodities

Copper edges up as tech rebound, lower oil lift risk appetite

Benchmark three-month copper on the London Metal Exchange was up 0.31% at $13,939 a metric ton

Published 10 Nov, 2026 11:48am

Stocks

Tech lifts China, HK shares amid risk-on mood

China’s blue-chip CSI300 Index and the Shanghai Composite Index both edged up 0.1% by the lunch break

Published 10 Nov, 2026 11:46am

Bullion Rate

Gold edges lower as focus shifts to US inflation data

Spot gold was down 0.6% at $4,114.48 per ounce

Published 10 Nov, 2026 11:32am

Commodities

Malaysia's October palm oil stocks hit new peak as output surges

Crude palm oil production gained 1.74% to 2.15 million tons, surpassing September's record high of 2.12 million tons

Published 10 Nov, 2026 11:28am

Commodities

Wheat near multi-month lows as traders eye Russia-Ukraine talks

The most-traded wheat contract on the Chicago Board of Trade (CBOT) was up 0.2% at $5.89 a bushel

Published 10 Nov, 2026 11:11am

Stocks

Australian shares hit 2-1/2-month high as lower oil prices fuel broad rally

The S&P/ASX 200 jumped 1.1% to 9,129, its highest since August 26

Published 10 Nov, 2026 11:09am

Markets

Pakistan records $3.9bn in remittances for October 2026

Workers’ remittances show a 14% increase on a year-on-year basis

Updated 10 Nov, 2026 03:37pm

Stocks

PSX: KSE-100 settles with over 3% gain as US-Iran tensions ease

Benchmark index closes at 179,335.24

Updated 10 Nov, 2026 06:18pm

Forex

Dollar sellers hit pause for US inflation data

A tumble ‌in oil prices and gains overnight for stocks had knocked the dollar lower as investors rotated back into riskier assets

Published 10 Nov, 2026 07:56am

Stocks

Asian stocks climb as sliding oil prices buoy sentiment

MSCI's broadest index of Asia-Pacific shares pushed 1.5% higher, moving away from the seven-month low it hit last week

Published 10 Nov, 2026 07:52am

Energy

Oil prices hit two-month lows as US downplays further Iran strikes

Brent futures fell $1.93, or 2.1%, to $90.64 a barrel

Updated 10 Nov, 2026 09:56pm

Business & Finance

LPG association postpones strike

KARACHI: Pakistan LPG Marketers Association has announced the postponement of its planned November 16 strike...

Published 10 Nov, 2026 04:44am

Business & Finance

Chinese banks boost dollar deposit rates

BEIJING: Several Chinese banks are sharply lifting dollar deposit rates, in some cases above US benchmarks, in...

Published 10 Nov, 2026 04:44am

Energy

Oil down over USD7 a barrel in post settlement trade

LONDON: Brent crude futures continued tumbling after settlement on Monday to lose more than USD7 a barrel, hitting...

Updated 10 Nov, 2026 05:23am

Business & Finance

USD425m NTM-I project: World Bank flags delays in implementation

ISLAMABAD: The World Bank has flagged delays in the implementation of Pakistan’s USD 425 million National...

Published 10 Nov, 2026 04:44am

Business & Finance

Power sector arrears: Upstream supplies at risk as recoveries surge to Rs169.27bn: SNGPL

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has reported outstanding dues of Rs169.27 billion against the...

Published 10 Nov, 2026 04:44am

Business & Finance

Benchmark bar price: FBR raises minimum value of iron, steel scrap supply to 60pc

ISLAMABAD: The Federal Board of Revenue (FBR) has increased the minimum value of supply of specified remeltable iron...

Published 10 Nov, 2026 04:44am

Business & Finance

Sindh, Chinese firm agree to complete SWEEP project on time

KARACHI: Sindh Local Government Minister Syed Nasir Hussain Shah met with a CCTEB delegation, and agreed on timely...

Published 10 Nov, 2026 04:44am

Business & Finance

BMP underscores need for comprehensive energy reforms

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has called...

Published 10 Nov, 2026 04:44am

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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