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USA

Trump approves Nippon Steel’s $14.9bn purchase of US Steel

U.S President Donald Trump approved Nippon Steel’s $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous...

Published 14 Jun, 2025 11:00am

Companies

Pakistan Digital Awards: JS Bank & Zindigi recognised for Excellence

KARACHI: JS Bank along with its digital financial platform Zindigi, made a strong impression at the Pakistan Digital...

Published 14 Jun, 2025 06:47am

Companies

BankIslami won the Best Campaign Award at the Pakistan Digital Awards 2025

Karachi, 13 June, 2025. BankIslamihas won the Jury Award for Best Campaign at the Pakistan Digital Awards (PDA). ...

Published 14 Jun, 2025 07:16am

Companies

Google rejects app store age verification for online content

PARIS: American tech heavyweight Google on Friday reiterated its opposition to verifying the age of a device’s user...

Published 13 Jun, 2025 05:14pm

Companies

AstraZeneca signs AI research deal with China’s CSPC for chronic diseases

AstraZeneca has signed an AI-led research agreement with China’s CSPC Pharmaceutical Group worth up to $5.3 billion,...

Published 13 Jun, 2025 04:54pm

Companies

Airlines suspend flights after Israel strikes

Israel launching widescale strikes against Iran has prompted international airlines to halt flights to the region....

Published 13 Jun, 2025 04:46pm

Companies

Bolan Castings extends shutdown as weak demand continues

Bolan Castings Limited (BCL), a subsidiary of Millat Tractors Limited, has decided to extend its temporary...

Published 13 Jun, 2025 03:58pm

Companies

PITB, ISL sign accord to implement PayZen

LAHORE: The Punjab Information Technology Board (PITB) and International School Lahore (ISL) have signed an ...

Published 13 Jun, 2025 07:18am

Taxes

IHC affirms tax department’s stance in Rs59.3bn tower business transaction

A Division Bench of the Islamabad High Court (IHC), led by Justice Babar Sattar, has delivered a ruling in favour of...

Published 12 Jun, 2025 11:28pm

Energy

Pakistan’s solar boom continues as govt proposes 18% tax

Cherat Cement Company Limited (CHCC) has further enhanced its renewable portfolio with the commissioning of a 2.935...

Published 12 Jun, 2025 03:14pm

Energy

OGDCL finds significant gas reserves in Sindh

Oil & Gas Development Company Limited (OGDCL), along with its partner Government Holdings (Private) Limited...

Published 12 Jun, 2025 01:57pm

Stocks

India’s Paytm slumps after government says reports of UPI transaction fees false

Shares of digital payments firm Paytm slumped as much as 10% on Thursday after India’s finance ministry said that...

Published 12 Jun, 2025 10:45am

Energy

Pakistani energy consortium signs key agreement with ADNOC

In a key development for Pakistan’s energy sector, a consortium of leading Pakistani oil and gas exploration...

Updated 12 Jun, 2025 04:37pm

Companies

Air Karachi inks MRO deal with PIA

KARACHI: Air Karachi has signed a maintenance agreement with Pakistan International Airlines (PIA) to acquire...

Updated 12 Jun, 2025 08:40am

Companies

Blackstone to invest $500 billion in Europe over next decade

Blackstone plans to invest up to $500 billion in Europe over the next decade, CEO Steve Schwarzman told Bloomberg...

Published 10 Jun, 2025 07:25pm

Companies

Paramount to lay off 3.5% of US staff in latest job cut, memo shows

Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a...

Published 10 Jun, 2025 05:30pm

Companies

Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion

Chinese music platform Tencent Music Entertainment Group said on Tuesday it would buy long-form audio platform...

Published 10 Jun, 2025 05:12pm

Companies

India’s Maruti Suzuki cuts near-term EV production amid rare earths crisis

NEW DELHI: Maruti Suzuki has cut near-term production targets for its maiden electric vehicle e-Vitara by two-thirds...

Published 10 Jun, 2025 04:45pm

Companies

Engro Fertilizers resumes operations of EnVen plant

Engro Fertilizers Limited (EFERT) announced on Tuesday that its EnVen plant had resumed operations. The listed...

Published 10 Jun, 2025 01:42pm

Companies

China’s EV makers turn on BYD as price war escalates

BEIJING: Fierce competition among China’s leading EV makers has intensified, with a long-running dispute between BYD...

Published 09 Jun, 2025 05:23pm

Companies

India’s Bajaj Holdings sells stake worth $234 million in Bajaj Finserv via block deal

Bajaj Holdings and Investment said on Friday that it sold a 0.65% stake in financial services firm Bajaj Finserv for...

Published 06 Jun, 2025 04:41pm

Energy

Russian Urals oil to India sells at narrowest discounts since 2022, traders say

MOSCOW/NEW DELHI: Discounts for Russian flagship Urals crude oil for delivery to Indian ports in July hit their...

Published 06 Jun, 2025 04:39pm

Energy

India’s GAIL sells LNG cargo as early monsoons cause weak power demand, say sources

SINGAPORE: GAIL (India) Ltd has re-sold one liquefied natural gas (LNG) cargo this week, said three market sources...

Published 06 Jun, 2025 04:35pm

Companies

12 cities nationwide: JazzCash facilitating QR-based payments at 27 cattle markets

ISLAMABAD: JazzCash is facilitating QR-based payments at 27 cattle markets across 12 cities nationwide -- initiative...

Published 06 Jun, 2025 06:12am

Companies

India’s Bajaj Finserv founding firms to sell 1.6% stake for $554 million

The founding firms of India’s Bajaj Finserv will sell at least a 1.58% stake they own in the financial services...

Published 05 Jun, 2025 06:46pm

Companies

Countrywide expansion: Halan receives licence from State Bank of Pakistan

KARACHI: Halan Microfinance Bank (“the Bank”), a Pakistani microfinance bank owned by MNT-Halan, Egypt and the...

Updated 06 Jun, 2025 07:08am

Companies

Gucci owner Kering in talks to sell stake in $1 billion Fifth Avenue property, sources say

PARIS/MILAN: Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a...

Published 05 Jun, 2025 06:43pm

Companies

Mercedes-Benz proposes tariff offset system with US, Spiegel reports

BERLIN: Mercedes-Benz has proposed a deal under which U.S. cars could be imported into Europe duty free in exchange...

Published 05 Jun, 2025 06:23pm

Companies

Apple gives Tata India iPhone repair business as partnership expands

BENGALURU: Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing...

Published 05 Jun, 2025 06:10pm

Companies

India plans rare earth magnet incentives as supply threat mounts

NEW DELHI: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering...

Published 05 Jun, 2025 06:05pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Petrol/Litre / Jun 14	253.63
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Diesel/Litre / Jun 14	254.64
Cotton US¢/pound / Jun 14	67.84

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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